The last government shut down lasted 21 days from December 15, 1995 to January 6, 1996. This was the longest government shutdown to date.
President/CEO Staci Redmon is a guest on Biz Talk with Josh Smith. Show will air on Sunday, April 28, 2013, at 11:00am.
To get a sense of just how much federal government spending influences the Washington metropolitan area, all you have to do is listen to the ads on an all-news radio station there.
While President Barack Obama and leaders in Congress look for solutions as time ticks down toward the sequester, the impact of these harsh budget cuts are already being felt in the D.C. area. No more strongly may an area be impacted, though, than Montgomery and Fairfax counties.
Small federal contractors in Virginia are bracing for the impact of sequestration, and those that provide tech support to federal agencies worry that they could be the first budget item on the chopping block.
If sequestration goes into effect in March, it could cost the state of Virginia approximately 200,000 jobs. With Congress currently at a standstill, their inability to make a decision is affecting the economy nationwide and right here at home in the Springfield area.
In business, incubation helps fledgling start-ups launched prematurely to land on their feet. The concept of business incubation started more than three decades ago with entrepreneurs who sought help covering overhead costs. During those times, when the cost of technology was high, business owners would pool together to share the cost burden of fax machines, printers, computers and even office space.
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