News (2425)
Small Business Passes Healthcare Cost to Employees
Healthcare costs have been rising for the past decade, reports the Washington Post, and most small businesses are coping with that by passing the costs on to their employees. A new survey by the Kaiser Family Foundation finds that 58% of employees at small firms pay a deductible of $1,000. This is up from 21% in 2007.
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Business Confidence Remains Flat
According to Fox Small Business, the monthly National Federation of Independent Business Confidence survey shows that optimism was flat in August, decreasing by 0.1 points from July’s 94. Despite that 16 percent of small-business owners reported plans to increase employment, and 25 percent intend to make capital outlays.
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Small Businesses Lack Device Policy
According to Newsday, a new survey shows that 60 percent of U.S. companies do not have a bring-your-own-device policy in place. In addition, 80 percent of the companies have not informed their employees of the risks of bringing their own devices to work.
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Hiring Up but Not on Mainstreet
According to data released by the Bureau of Labor Statistics the U.S. added 169,000 jobs in August, reports Businessweek. Yet, multiple surveys of small businesses show that hiring within that sector decreased for the second start month.
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Small Business Financing Up
U.S. small businesses took on more debt in July, pushing an index of borrowing to a six-year high, reports Reuters. The Thomson Reuters/PayNet Small Business Lending Index, shows that financing to small companies, rose 11 percent in July to 117.7, the highest level since August 2007.
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Cloud Backup Promotional Pricing
One of the most trusted names in data back-up and disaster recovery is running a special offer for U.S. and Canadian managed service providers (MSPs). StorageCraft® Technology Corporation announced today that it is providing a 30-percent discount on new devices using StorageCraft Cloud Services(TM) through Sept. 30, 2013.
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Chase to Accept Payments However You Do Business
Chase Paymentech, a leading global merchant acquirer, payment processor and subsidiary of JPMorgan Chase & Co., today announced the launch of "Chase Checkout" - solutions to help merchants seamlessly accept payments however they do business: in store, online or on the go. Merchants can now securely and efficiently accept card payments from their smartphones with the new Chase Mobile Checkout app and encrypted card reader.
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Beliefs Influence Small Business Buying Decisions
According to eWeek, Infusionsoft surveyed 1,200 small businesses about their technology buying decisions and found that small businesses are influenced more by attitudes and beliefs than by demographic factors such as industry, revenue and years in business.
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Obamacare Confuses Small Business
Many small businesses are confused about whether they qualify as a small business under Obamacare, reports the Washington Post. While Obamacare legislation features items that pertain only to small businesses, the new rules rely on different measures to determine which firms are considered “small,” and several of those are scheduled to change in the coming years.
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Small Business Owners Skip the Vacation
A new survey from American Express shows that small business owners are forgoing vacations this summer. Only forty-nine percent of the survey's participants said they planned to take at least one full week off during the summer. This is down from 54 percent a year ago. Pre recession over 67 percent of those surveyed planned on taking a vacation.
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