News

News (2420)

Small Businesses Feel Supply Chain Disruptions

Disruptions in the supply chain ripple down to small businesses, reports Small Business Trends. 

According to Fox Business, Retail Expert Expects Major Product Shortages Soon. This is part of the continuing supply chain disruptions since the COVID-19 pandemic started.

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Make the Most of Your Website

According to Small Business Trends, a company website is an important marketing tool for a small business. 

There are so many factors that go into creating an effective small business website. From your design to promotion methods, the work never ends. If you’re looking to improve your company’s online home, read these tips from members of the online small biz community.

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Using AI Powered Loan Companies

Many small business owners are skipping the bank or venture capital firms and instead relying on AI approved loans via shopify or paypal, reports Quartz.

When Xiomara Rosa-Tedla needed a small loan in February 2020 to fund her e-commerce startup Unoeth, she didn’t reach out to a venture capitalist or a bank officer. She asked an algorithm.

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Cash Back Cards For Business

Cash back credit cards can be beneficial to small businesses, reports Entrepreneur. 

As a consumer, you are likely aware of the many options for cash-back credit cards on the market today. Companies like Capital One, American Express, Chase and others aggressively advertise on TV, via mailers and other media.

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Small Business Hesitates to Take Loans

According to Wyoming News Now, small businesses are hesitant to take disaster aid from the government in the form of a loan. 

Disaster loans are available for small business owners as the country faces the next chapter of the COVID-19 pandemic: the Delta variant.

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Aaron Rodgers Helps Small Business

Green Bay Packers player Aaron Rodgers started a fund to help small businesses in his hometown during covid, reports Acme Packing Company.

As America felt the impact of the coronavirus pandemic starting in early 2020, many small businesses faced a unifying problem: having enough cash on hand to keep the doors open and the lights on. In a time of need, Green Bay Packers quarterback Aaron Rodgers stepped up to the plate to serve his local community of Chico, Calif., in a partnership with the North Valley Community Foundation, which serves four counties in northern California.

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SBA Increases EIDL Cap

The SBA is expanding its Economic Injury Disaster loan cap to $2 million dollars, reports Small Business Trends. 

As cities, states, and countries mull over how to tackle the Delta variant of COVID-19, the SBA has announced it is expanding the Economic Injury Disaster Loan (EIDL) cap to $2 million.

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Group Plans to Sue Over Vaccine Mandate

The Job Creators, a small business advocacy group, plans to file a lawsuit against the federal vaccine mandate, reports the Hill. 

A small business advocacy group on Thursday unveiled plans to file a lawsuit against the Biden administration over the president’s mandate for many employers to require that workers get vaccinated against COVID-19 or submit to weekly testing.

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SBA Grants Get More Funding

According to Mass Live, a new proposal by the U.S. House Small Business Committee would add $25 billion to the SBA grant and lending program. 

A $25 billion proposal recently approved by the U.S. House Small Business Committee would boost a number of Small Business Administration grant and lending programs.

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Minority Businesses Still Struggle to Recover

Minority businesses are less likely to have recovered from covid related shut downs, reports the Hill. 

The United States is seeing a disturbingly inequitable economic recovery. One survey found that more than a quarter (27 percent) of minority-owned small businesses remained closed, compared to 18 percent of other small businesses.

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