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In this week’s Franchise Update, we are reporting on a top new entrepreneur blog as well as changes in tax law which will benefit small business owners.

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The New York Times have begun publishing a regular blog entitled “You’re The Boss”. The blog explores issues facing entrepreneurs today and especially looks at the current economic crisis and ways in which entrepreneurs can run their businesses to their best possible potential in order to keep their businesses turning a profit during turbulent economic times.

The IRS have failed to win a court action to limit the amount of tax deductions claimed by investors in small businesses. The findings could have implications for small business owners across all sectors of business in the US. The court ruling specifically affects  investors in limited-liability companies and limited-liability partnerships and could benefit individuals who work in several businesses. With this ruling, losses from two businesses could offset salary or investment income earned by both.

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In this week’s Franchise Update, we are reporting on a report on small business performance as well as the Patriot Express Loan Initiative.

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The National Federation of Independent Businesses has recently published a report on small business outlook. The federation surveyed their membership businesses, and found that figures rising for all three of what the federation terms at the “hard components” which are job creation plans, inventory investment plans and capital spending plans. To find out more or to read the report, visit the Federation’s website.

The Small Business Administration has announced recent figures for their Patriot Express Loan Initiative. The Initiative delivers $315 Million to 3,750 Military Veteran in an effort to help veterans get into business for themselves following their time spent in military service. To find out more visit the SBA’s Patriot Express website or visit Franchise Direct’s exclusive Military Franchise Opportunities Information Portal.

In this week’s Franchise Update, we have news on an exciting franchise conference and a bold initiative linking small business people with high-tech skills providers.

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The IFA has announced the line-up for its Franchise Development Super Session which will be held in Los Angeles from September 30th to October 1st in the Westin Bonaventure Hotel and Suites.

Karen Mills, the head of the SBA, has announced a new strategic alliance with the Institute of Electrical and Electronics Engineer aimed to boost business opportunities for innovative entrepreneurs. The IEEE is made up of over 200,000 engineers, scientists and professionals with interests in electrical engineering and computer science.

In this week’s episode of Franchise Update, we are focusing on financial opportunities available to help fund the start up of a new business.

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Kiva, the entrepreneur lending site have announced a US pilot version. This will extend their current angel business lending facilities to entrepreneurs in Africa and South America to include entrepreneurs in the US. Visit Kiva’s website to find out more.

The SBA began accepting loans for a temporary new program called America’s Recovery Capital on June 15th.  “ARC” loans of up to $35,000 are available to provide a “bridge” for small businesses suffering financial difficulties to keep their businesses in operation until they get back on track. Visit the administration’s website to find out more.

In this week’s episode of Franchise Update, we are reporting on Franchise Direct new Recession Buster campaign as well as the growing sub franchise industry.

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Franchise Direct have launched a series of Recession Buster Offers. The offers will run during the summer season until the end of August and feature discounts and special offers on some of Franchise Direct’s top franchise and business opportunities.

The current edition of the Franchise Times features a report on the reduction in retail prices on Subs! Subway’s sales have risen 17 percent over the last year, according to a report by restaurant-consulting firm Technomic. Much of this success comes from the $5 promotion, which was timed well at the start of an economic recession which turned diners into value-conscious consumers.

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