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Senators Work to Protect Businesses from Cybercrime

Senators have introduced a bill that would help protect small businesses from cyberattacks, reports the Hill. 

A bipartisan group of senators Thursday introduced a bill intended to protect small businesses from cyberattacks after hacks crippled some of the country’s largest companies.

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Small Business Fight Inflation

With inflation rising, small businesses are working to keep prices affordable for consumers, reports WBIR. 

If you've felt like prices on everyday items have gone up over the past year, you're not wrong.  A new report from the Bureau of Labor Statistics said there has been a 5 percent inflation on items over the past 12 months.

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Using Insta to Spark Sales

According to Small Business Trends, small businesses can use Instagram to drive sales. 

Instagram is one of the most powerful online marketing tools available to today’s businesses. But there are many tasks for business owners to consider to make the most of the platform.

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Small Businesses Worry About Future

A new survey reveals that 35% of small businesses could fail over the summer, reports Cleveland.com. 

The Covid-19 pandemic continues to weigh heavily on the finances of small business owners, and one recent survey found 35% could face challenges surviving through the summer.

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Paycheck Protection Funding Ends Early

Latest round of Paycheck Protection Funding was exhausted three days ahead of schedule, reports Nation’s Restaurant News. 

On Tuesday, the U.S. Small Business Administration officially announced that the third round of the Paycheck Protection Program had closed to new applicants on Friday, May 28, three days ahead of its scheduled expiration date, after funds ran out.

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Small Businesses Short Employees

Small businesses are having a hard time filling open positions, reports Reuters. 

Nearly half of U.S. small business owners reported unfilled job openings in May, marking the fourth consecutive month of record-high readings as finding qualified applicants remains a lingering challenge, a trade group said on Thursday.

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Small Businesses Have Debt Due to Pandemic

Small businesses that survived the pandemic now need help managing debt acquired during the pandemic, reports the Advertiser-Tribune. 

After more than a year of navigating lockdowns, mandates and COVID-19 protocols, small-business owners are starting to see a light at the end of the tunnel. But the debt many needed to take on to weather the pandemic still casts an ominous shadow.

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Small Businesses Need to Consider Human Resource Topics

Small businesses need to consider several things including regulations and compliance, reports Entrepreneur. 

Unfortunately, there are no shortcuts when it comes to effective HR management. So, if you are an entrepreneur who plans to hire employees, do yourself a favor. 

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New Community Grant Program Goes Live

According to Penn Live, the SBA is rolling out a new federal grant program to help small businesses through the Community Navigator Pilot Program. 

The Small Business Association is now accepting applications for federal grant money that aims to help set up support networks nationwide that will reach the “smallest businesses, with a priority focus on those owned by socially and economically disadvantaged individuals, as well as women and veterans,” according to a news release.

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Small Businesses Used Many Methods to Stay Afloat

Small business owners used more than just Paycheck Protection Loans to stay afloat, reports CFO. 

How did so many small businesses survive the worst of the pandemic? The Paycheck Protection Program helped. But it took more than that to keep many small businesses financially afloat..

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