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Business Optimism Hits New Low
Posted on December 16th, 2008 No commentsSmall business owners’ optimism has fallen to its lowest level since Wells Fargo & Co. and Gallup began conducting their monthly small business index in 2003. The index for November was 10, a 35-point drop since last quarter and down significantly from the high of 104 points in December 2006. Still, four out of five small business owners said they do not perceive credit as difficult to obtain, theBusiness Journal reported.
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Survey: Wis. Companies Hopeful
Posted on December 16th, 2008 No commentsBusinesses in Milwaukee and Waukesha counties expect economic improvements in 2009, according to a report released this morning by Madison-based First Business Bank, Carroll University of Waukesha and the University of Wisconsin-Madison’s A.C. Nielsen Center of Marketing Research. Read the Small Business Times article.
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New Angel Network Formed
Posted on December 16th, 2008 No commentsThe Lake Superior Angel Network, a new angel investing group interested in making early stage investments in an area that stretches from Duluth, Minn. to Ironwood, Mich., has been established with about 25 investors and organizers, according to the Small Business Times.
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Mid America Plans Brookfield Location
Posted on December 16th, 2008 No commentsMid America Bank, a Janesville-based bank with about $45 million in total assets and three branches, will open a 1,450-square-foot loan production office in Brookfield in March, the Small Business Times reported.
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Nonprofit Lender Plans Milwaukee Office
Posted on December 16th, 2008 No commentsIFF, formerly known as the Illinois Facilities Fund, plans to open a new office in Milwaukee next year. IFF is the leading nonprofit community development financial institution in the Midwest. Read more in the Small Business Times or theMilwaukee Journal Sentinel.