The recent Intuit QuickBooks

Survey revealed small business owners mind-set about the economic recession Ģ Congress passed a stimulus package in February aimed at improving small business’s economic prospects with a new tax deduction. Including a $250,000 tax deduction on new equipment purchases made in 2008 With the economy on a downturn, many of us are watching every penny. The good news is that historically, many small businesses thrive and even grow during times like these, when many people turn to their passions and try to make their fortunes doing what they love to do, for example, opening a bakery or starting a landscaping service company. But quickly these small business owners lose sight of their passions when caught up in the whirlwind of paperwork, invoices and other administrative duties that must get done. In this segment, Rhonda Abrams, will take you and your viewers through results of a recent survey that was conducted to find out small business owners mind-set surrounding the recession and how they plan to keep their businesses in the black. She will also offer tips and advice on how small business owners can recession-proof their business. Station Note: The funding sponsor of this segment is Intuit. About Rhonda Abrams: Rhonda Abrams is passionate about entrepreneurship. She writes about it, researches it, and lives it. Rhonda is a best selling author. Her first book, “The Successful Business Plan: Secrets and Strategies,” has sold more than 600,000 copies and is required reading in over 400 business schools. She has written seven books focusing on business planning and entrepreneurship, including “Six-Week Start-Up, The Owner’s Manual for Small Business,” and her latest, “Successful Business Research: Straight to the Numbers You Need — Fast!” Her real-life experience and broad view of entrepreneurship give her a unique understanding of the challenges and rewards of being an entrepreneur. She was educated at Harvard University and UCLA, and lives in Palo Alto, Calif.