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Hi…I’m Pete Justen, CEO of MyBizHomepage.  I’m still not sure why, but MyBiz was recently attacked, both on the blogs here on the site and by someone working hard to take down the site as often as they could.  We worked closely with our Web hosting provider, forensic computer specialists, attorneys, and unfortunately law enforcement to insure there was no loss of integrity in data or functionality of the site.  The functionality of the site was impaired for several days, but at no time was there a breach of security of your data.  As the CEO and founder I apologize for the service interruption, and assure you we have taken all reasonable steps to keep it from happening again. 

As always we are working hard here at MyBiz to develop products that help small business and entrepreneurs to build a better company.  I’d love to hear from you on how we can improve our dashboard products, or what else you would like to see us build for you.  My email is pete@mybizhomepage.com

Thanks for your understanding in a very difficult time for the Company, and your continued support.

Because of the number of businesses using our Dashboard to monitor their finances, and the fact that we have users in 42 countries around the world, I am frequently interviewed by the media (Read my interview on BusinessWeek.com titled Starting a Business in a Downturn or listen to my interview with Fox News affiliate WTAM100 about the influence of small business on Wall Street.) about the affect the market is having on small businesses.  I am always surprised and disappointed that so many of the interviewers want to focus on how bad things are, how the sky is falling, instead of trying to focus on the strength of our economy, the positive steps you can do to prosper in this or any market, or what the real impact to small business is.  We actually declined an interview with a major newspaper last week because they only wanted bad news. 

Let’s look at the numbers.

There are 27 million small businesses in America (over 300 million globally).  Of that 27 million, about 23 million have no employees.  Yet collectively we are responsible for 50% of the nation’s Gross Domestic Product, represent 99.7% of all employer firms, pay nearly 45% of total US private payroll, generate 60-80% of net new jobs annually, and have over $7 TRILLION dollars in purchasing power. 

Think about it  The headlines are full of how many companies are impacted by this economic mess, but how many of the small businesses, who have such a disproportionate effect on the economy, are really affected?  We aren’t the ones living on credit with voodoo bookkeeping to keep fat bonus plans going.  We are the dry cleaners, the pizza joints, the ”invisible economy” that touches our lives every day that we never think about. 

As I read the headlines and listen to the pundits delivering our news, I am struck by the doom and gloom philosophy and focus.  It appears to me that the media is more focused on scaring the hell out of people than delivering quality news, (could that be a contributing cause of the financial crisis?) and heaven forbid, some quality advice that would actually help someone.  The sky isn’t falling, we don’t need to pull our cash out of the banks and hoard it in suitcases at home (that was actually a suggestion I heard…how silly is that?).  The market goes up, the market goes down…unless you are a day trader it really doesn’t affect most of us all that much. 

In my opinion, now is the time to adjust your strategies to the market, just as you would if the market was booming.  A time to pay closer attention to basics, watch the cash flow, keep a close eye on your accounts payable and accounts receivables and stay the course.

Try our free web-based financial dashboard for entrepreneurs and small businesses that use QuickBooks. It’s a great way to get a quick and accurate snapshot of how your business is performing without spending lots of time in QuickBooks.

The MyBizBlog was re-written by a former-employee.

More real news coming soon.