News (2411)
Saying Thank You to Customers
Thanking customers is an important step in building customer loyalty, reports Small Business Trends.
As the year edges towards ending and the holiday shopping season in full swing we often forget to send out our thank-you notes to all the customers that have supported our businesses.
Read more...Maine Authorizes $5 Mill for Small Business
Maine has authorized $5 million dollars from the Maine Jobs & Recovery Small Business Grant Program to be distributed, reports Maine Biz.
For Maine small businesses still struggling because of the pandemic, an initial allotment of $5 million from the Maine Jobs & Recovery Small Business Grant Program is now available, Gov. Janet Mills said Wednesday.
Read more...Small Business Optimism Declines
Small businesses Optimism Index decreased in October, reports Shore Daily News.
The NFIB Small Business Optimism Index decreased slightly in October by 0.9 points to 98.2. One of the 10 Index components improved, seven declined, and two were unchanged.
Read more...Treasury Reauthorizes The SSBCI Business Aid Program
According to Inc., the Treasury Department has reauthorized the State Small Business Credit Initiative.
Just when you thought all of those small business aid programs were over. The U.S. Department of Treasury this week posted guidance for its newly reauthorized State Small Business Credit Initiative (SSBCI), which is a federal small business aid program that's been around since 2010 but is set to be replenished by the $1.9 trillion federal coronavirus relief stimulus package enacted in March.
Read more...American Express Now Offers Small Business Checking
American Express is now offering a small business checking account, reports Small Business Trends.
The Business Checking account offers small businesses a secure, high-yield and low fee digital banking experience. It comes with an annual percentage yield (APY) of 1.1% on balances up to $500,000.
Read more...Small Business Selling
The third quarter saw a rise in sales transactions for small businesses, reports Small Business Trends.
The number of businesses being bought and sold continues to increase with the third quarter seeing a 17% rise in acquisitions from the previous quarter, according to BizBuySell’s latest Insight report.
Read more...The Infrastructure Deal Helps Small Business
According to Inc., the infrastructure deal will help small businesses.
President Biden on Saturday signed the $1 trillion infrastructure bill into law--paving the way for the single largest public works deal since the Federal Aid Highway Act of 1956. It's also the single largest investment made to address climate change in U.S. history.
Read more...Paycheck Protection Loans Still Working
The Small Business Administration Paycheck Protection Program loans are still helping small businesses stay open.
During the pandemic, the Small Business Administration (SBA) received widespread media attention for its COVID-19 relief programs, such as the Paycheck Protection Program (PPP), which provided much-needed loans to more than 5.2 million American businesses in 2020.
Read more...Small Businesses Can Finish Year Strong
According to Forbes, small businesses can end the year strong, by first evaluating how they have done so far.
As October comes to a close, small businesses around the world face the compounding pressures of the end of the year and the beginning of the holiday season.
Read more...Local Grants For Small Businesses
According to Small Business Trends, states and local organizations are offering another round of grants to boost small business.
Here are some state and local grant opportunities from governments opening up new funding rounds.
Read more...
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