Black entrepreneurs chose to open franchises over starting their own small business, reports USA Today. 

In 2009, Michelle Lewis visited a Painting with a Twist franchise.

She took a bottle of wine with her to the New Orleans-based studio where she sipped and socialized while painting a mural of two martini glasses.

The coronavirus is especially hard on China’s small business, reports CNN Business. 

The small companies that drive China's economy are worried about how much damage the novel coronavirus outbreak will cause. Without help or a reprieve from the disease, many may have only weeks to survive.

According to the Points Guy, Visa merchant fees are going up, while the rate hike has yet to be announced it is for certain that Visa will raise the fee on card not present transactions. 

The world’s largest credit card network announced sweeping rate changes for merchants who accept Visa payments. The new swipe fees, also known as interchange rates, will depend on business category, as well as the customer’s method of payment.