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Business Owners Remain Optimistic

New survey from Capital One finds that small business owners remain optimistic about their future, reports Tech Republic. 

It’s likely that optimism buoyed many small business owners (SBOs) to start and build their businesses to successful heights.

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Tax Savings Before Year End

According to the Colorado Times, there are some tax saving steps small business owners can take before the end of the year. 

If you own a successful small business or professional practice, it is not (yet) too late to make a last-minute move to save big on your 2020 tax bill . . . but time is running out.

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Businesses Still Awaiting Forgiveness

Many small businesses are fretting because they still don’t have guidance on how the PPP Loan Forgiveness program will work, reports CNBC.

Time is running out for millions of small business owners on Main Street. It’s not just another round of cash that they need from Washington to avoid contagion.

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Free Consumer Webcast: Year-End Financial Planning Moves - Oct 21 @ 1PM ET

The COVID-19 pandemic has had a tremendous impact on every area of American life, from work and leisure to parenting and community involvement. It has caused unprecedented economic uncertainty, stock market volatility and sweeping new laws that underscore the need for ongoing planning.

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SBA Reduces Loans to Black Owned Business

New research by the Cleveland Business Journal finds that the Small Business Administration has reduced lending to Black owned businesses by 84%, reports Cleveland.com.

The Small Business Administration has decreased its loans given to Black-owned businesses 84% since peaking before the Great Recession, according to research by the Cleveland Business Journal.

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Small Business Needs Government Help

Small business owners are desperate for the government to do something to help alleviate their financial distress, reports CNN Business. 

Tim Burgess came up with creative ways to keep his Charlottesville, Virginia, restaurants running after reopening in May, following a nearly two-month shutdown during the pandemic. 

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Small Business Feels Bleak

According to CNBC, small businesses owners are starting to feel bleak seven months into the pandemic.

When Patrice Graham opened Colors of Yoga Raleigh three years ago, it became the city’s only Black-owned yoga studio, an inclusive space for people of color and the LGBTQIA+ community to feel comfortable and confident practicing

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Use Big Data Properly

Not using big data properly can actually be damaging to your business, reports Inside Big Data. 

While the benefits of working with big data are well established, the continuing growth of unstructured data is overwhelming many organizations. That’s because they have little idea of how to manage and use it in the best ways to generate value for the business.

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Army Uses Big Data to Make Replacement Decisions

According to National Defense Magazine, the Army is using big data to find out when to replace aging equipment. 

The Army is using powerful new computers to crunch data so it can better decide the optimum time to get rid of aging platforms such as tactical wheeled vehicles and other equipment.

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Google Brings Big Data to Farming

According to Tech HQ, Google’s parent company Alphabet is bringing big data to help find sustainable farming solutions. 

Alphabet, better known as Google’s parent company, is joining the effort to bring sustainable agriculture to the masses following its latest project’s unveiling involving robots, crops, and big data.

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