News (2176)

Small Business Confidence

Small business confidence dipped during May, reports Reuters.

U.S. small-business confidence edged down in May as worries about high inflation persisted, according to a survey on Tuesday, which also showed demand for labor remained strong despite rising interest rates and tighter financial conditions.


Small Businesses Facing Poor Customer Service

Small businesses are still receiving bad customer service from their supplier, reports Yahoo Finance.

Eight in 10 small businesses have said they are facing a “cost-of-working crisis” due to poor customer service from suppliers, according to a survey.


Brex Drops Small Business

According to CNBC, small business lender Brex is exiting the small business market.

Brex, the Silicon Valley lender to start-ups, is dropping tens of thousands of small business customers to focus on bigger venture-backed clients, according to co-founder Henrique Dubugras.


What is a Small Business

According to Marketplace, the federal government is revamping the rules regarding what qualifies as a small business. 

For all the coverage of small business that we do at Marketplace, we don’t have a fixed definition of what makes a business “small.” A small business could be a literal mom-and-pop store, a restaurant with a couple of employees or a manufacturer with 150 employees.


Best Small Business Loans

According to Forbes, some small business loans are better than others. 

Small business loans let eligible business owners borrow funds to cover company-related purchases and operating expenses. Whether you’re just starting your business or trying to grow, the best small business loans can help you access the capital your business needs to thrive.


Tough Decisions for Small Business

With rising costs, small businesses have to choose whether to raise their prices and potentially lose customers or hold prices the same and lose money, reports Fortune.

During the pandemic, Aaron Mulherin would travel as far as 150 miles from his home in Marion, Iowa, to do jobs for his glass installation company.


Funding Small Businesses Retirement Accounts

Small business owners can take advantage of a downturn in the stock market to boost their retirement portfolios, reports CNBC.

Small business owners are among the Americans most likely to fall behind on saving for retirement.


Hiring Family Members

According to the Journal of Accountancy, small businesses often hire family members, but there are both advantages and disadvantages to doing so.

In the 1972 movie The Godfather, Don Vito Corleone famously preferred that his son Michael pursue a career in politics. 


Additional Small Business Funding

Small businesses can now apply for the state small business credit initiative funded by the treasury department, reports The Guardian.

A not-so-new federal program to help small businesses just began distributing funds this past week. How much? How does $10bn sound?


Small Businesses in Danger

Without government relief many small businesses could close in the coming months, reports Common Dreams. 

Advocates for independently-owned businesses warned that restaurants, gyms, and other Main Street businesses across the U.S. will be forced to close in the coming months after Republicans in the Senate on Thursday blocked a $48 billion package to provide relief to owners who have struggled to stay afloat during the coronavirus pandemic.


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