News (2421)
Relief for Small Business Hit by Hurricane
According to Epoch Times, the Small Business Administration (SBA) is readying additional small business disaster relief funds for those businesses affected by Hurricane Florence. In order to speed up recovery, the SBA will make loans directly to businesses (of all sizes) hit by the storm.
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Taxes are too High on Business Owners
According to WTOP, small business owners are unhappy with how much they are getting taxed. A new survey by Clutch, a D.C. B2B research firm, 30 percent of those business surveyed think they overpaid their taxes.
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Small Business Hiring Slows
August saw a drop in small business hiring, reports ABC News. According to the ADP report small businesses added 21,000 new jobs in August, which is down from 59,000 in July.
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Keeping Safe from Cyber Criminals
According to Small Business Trends, there are new tools available to small businesses to help them deter cyber attacks. The Payment Card Industry Security Standards Council has newly updated materials that outline how businesses can protect their data.
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Planning Succession
Small business owners plan for many things, but one of things they fail to plan for is succession, reports USA Today. Nearly 60 percent of all small business owners do not have a succession plan in place.
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Successful Online Marketing
According to Business Matters, there are key things to consider to run an effective online marketing campaign. For example, the first thing is having a well defined target audience.
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Making it Easier to Buy Group Health Insurance
Thanks to a new ruling by the Department of Labor, small businesses will have an affordable way to buy health insurance, reports Smart Business. The Association Health Plan lets business with fewer than 50 employees buy as part of large purchasing pool.
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Small Business Lending Drives Banking Choices
Small businesses often turn to their local bank when they need a loan, reports Forbes. However, it can be a difficult process to obtain a loan from a community bank, which drives the businesses to find another bank.
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Using Tech to Save Money
Cloud-based mobile apps and smartphones help small business owners save money, reports USA Today. With these items it is no longer necessary for small business owners to invest in costly computer equipment.
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Fraud Large Cost to Small Business
According to CNBC, small businesses are the most affected by fraud. The average fraud amount is $2,000 which can be devastating to a small business.
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