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September 2013 SMB News Recap

Read our monthly review of business news stories for the small to mid-size market. September headlines from around the web brought to you by the Wasp Buzz. How Small Businesses Should Plan for Disasters Bloomberg Businessweek The U.S. Small Business Administration estimates that one-quarter of businesses that are hit by a disaster fail as a result. The main reason being that many small business owners are not properly prepared.  Find out more about how to keep your small business going in the face of a catastrophe. 5 Lessons Any Small Business Owner Can Learn From Watching CNBC’s “The Profit Wasp Buzz CNBC’s show, The Profit, starring businessman Marcus Lemonis, should be required, must-see-TV for any small business owner. Marcus Lemonis, the successful CRO of Camping World and Good Sam Enterprises, evaluates struggling, small businesses and, by the conclusion of each episode, he decides whether or not to financially invest in the business. Can Small Businesses Really Afford Celebrity Endorsements? Huffington Post Investing in a celebrity isn’t the right marketing strategy for every small business. However, if it does make sense for your business to have a celebrity endorsement, it may be more achievable than you think. With A-list Hollywood superstars as well as reality TV celebrities and Internet celebrities, there is a bigger pool to work from. Three Myths Keeping Small Businesses From Starting A 401(k) Forbes Forbes research on businesses with less than 50 employees shows that only about 24 percent offer a 401(k) plan. That leaves a large number of Americans without an option to help them prepare financially for retirement. This article addresses three myths frequently associated with small businesses implementing retirement plans.