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The latest news and information for entrepreneurs from across the web universe, brought to you by the Report on Small Business team. Follow us on Twitter @GlobeSmallBiz

Economic turmoil rattles small businesses

Yesterday's 600-point free fall in the Dow Jones Industrial Average does not bode well for small business owners across the U.S. and Canada. And while the stock market's erratic behaviour may not necessarily hammer small businesses outside of the financial industry, it will certainly take its toll on consumers.

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"If shoppers aren't feeling very rich, you can guarantee that spending overall will ease," says Peter S. Cohan, the president of Peter S. Cohan & Associates, in this article from Entrepreneur.com.

With reduced government spending and tighter lending rules as a result of Stand & Poor's downgrading of the U.S. debt from AAA to AA+ last Friday, small business owners will have to keep their fingers crossed that markets perform better today.

Keep your interns-slash-social-media-experts in check

While interns can be experts in personal branding and social networking - after all, many have spent hours and hours crafting and managing their public persona on Facebook - it's not necessarily wise to have them manage your company's entire social media presence. The writers at Forbes.com offer some helpful tips for leveraging interns' social media prowess without destroying your brand in the process.

Six cool ways to use your iPad

So you finally caved bought a sleek new iPad - for business purposes - of course. Trouble is, you're not aren't exactly sure where to start. This AMEX Open Forum post offers six creative ways for small business retailers to use it effectively.

EVENTS AND KEY DATES

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Who will be the 2011 Entrepreneur of the Year?

Ernst & Young has announced the dates of its annual Entrepreneur of the Year awards. Each region will host a gala in the fall and the five winners then advance to compete for the title of Canada's Entrepreneur of the Year.

Project REV revs up for second year

Project REV is a lab created by Deluxe to help small businesses in the U.S. find the marketing tools that will enable them to find more customers. Now in its second year, participants will receive up to $15,000 in marketing products and services from Deluxe in support of their plans. The application form can only be found at projectrev2012.com.

EDITOR'S PICKS FROM REPORT ON SMALL BUSINESS

Ultimate Fighting huge hit with young professionals

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Contrary to its image, young professionals looking for alternatives to the treadmill are flocking to mixed martial arts. And business is booming for gyms that appeal to them. Watch the video and read the article.

FROM THE ROSB ARCHIVES

Strategies for digging out of debt

With the U.S. and European debt crisis unfolding before our very eyes, this article from June 2010 especially timely.

Got a tip on news, events or other timely information related to the small-business community? E-mail us at yourbusiness@globeandmail.com

Join The Globe's Small Business LinkedIn group to network with other entrepreneurs and to discuss topical issues: http://linkd.in/jWWdzT

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