You are hereHome > Blogs
Want something old and something new, all in one? Check out the FTC’s updated “Protecting Personal Information: A Guide for Business.” It’s the same principles that we’ve relied on for years, but with a new twist.
You’ll find the latest tips about technologies that have emerged since we last published the guide. And a fresh look to match the Start with Security business education campaign.
The updated version relies on the same bedrock principles: (1) Take Stock, (2) Scale Down, (3) Lock It, (4) Pitch It and (5) Plan Ahead. And the new twist? Here’s a glimpse of some of the updated advice:
The face of America – and of American agriculture – is changing. The number of farms in the United States has grown 4 percent and the operators of those farms have become more diverse in the past five years, according to results of USDA’s most recent Census of Agriculture. The 2007 Census counted nearly 30 percent more women as principal farm operators. The count of Hispanic operators grew by 10 percent, and the counts of American Indian, Asian and Black farm operators increased as well. In addition, the U.S. Census Bureau reports that the number of minority-owned businesses grew more than 45 percent between 2002 and 2007.
B & B Manufacturing, of Bayamon, Puerto Rico, manufactures wiring and electronic equipment for motor vehicles. B&B Manufacturing has maintained its leadership in a changing industry through supplying its clients with an extensive O.E.M. type product line, which provides reliability and improved performance to its end user. Established in 1985, this family-owned small business relies on exports for 68 percent of its sales. It has customers in Latin and Central America as well as the Caribbean.
For more than 15 years, the company has been using a small business multi-buyer insurance policy to extend credit to its international buyers. The policy has covered nearly 16 buyers. Through the support of the Export-Import Bank of the United States (EXIM Bank), B & B manufacturing has successfully exported over 4.6 million dollars in goods to their customers abroad within the past three to four years alone. The company was also able to create five new jobs as a result.
It all starts with an idea. Sometimes it can be as simple as a “what-if” lodged in the back of our minds that can spark the next great invention. A simple idea, when coupled with ingenuity and opportunity, can transform the world we live in for the better. That’s the awesome power of innovation.
Innovation, one of the Commerce Department’s five strategic goals, is defined as “the invention, improvement, and commercialization of new products, processes, and services ...” It plays an integral role in the mission of all 12 bureaus housed within the department.
The rapid growth of the Hispanic population in the United States during the last several decades, which is projected to continue increasing in the years ahead, presents significant challenges as well as huge opportunities for our country. At the Congressional Hispanic Caucus Institute’s (CHCI) 2016 Annual Policy Conference, the Department of Commerce (DOC) and the Minority Business Development Agency (MBDA) both worked to promote business development and entrepreneurship as critical elements within in the nationwide efforts to maximize the potential of the Hispanic community and in doing so the immediate and long term global competitiveness of the entire American economy.
Serving as the keynote speaker during the closing plenary session titled, “Understanding the Hispanic Consumer,” U.S. Secretary of Commerce Penny Pritzker went beyond the discussion of what products and services Latinos consume most and the significance of their growing buying power. Secretary Pritzker emphasized the importance of supporting the growth and development of Hispanic owned businesses and entrepreneurs. Her remarks highlighted the fact that Latinos are the fastest growing segment of entrepreneurs in the American economy, and therefore represent a talent potential critical to America’s immediate and long term success.