News (2425)
Business Lending Improves
Small business lending continues to improve, reports Forbes. The Biz2Credit Small Business Lending Index in January 24 percent of all funding requests were approved. This is a significant improvement, for comparison in 2011 only 10% of loans were approved.
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Instagram's Newest Feature Good for Businesses
Small businesses should take advantage of Instagram’s new live feature reports, Small Business Trends. It offers businesses a way to showcase their products and services, plus interact with their customers.
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Business Owners Remain Confident
According to Fox Small Business, confidence abounds. The National Federation of Independent Business's small-business optimism index edged up to 105.9 in January. This is the highest its been since 2004.
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"Lending By Wave" Small Business Financing Powered By OnDeck
Wave, a leading provider of financial services and software for small businesses, and OnDeck have announced a partnership in which Wave will offer OnDeck business loans and lines of credit to its customer base. The new offering, "Lending by Wave," will be available to Wave customers in the United States and Canada.
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New Tax Laws In Effect
There are several changes in the tax laws for 2017, reports Entrepreneur. There are several new items included in the Section 179 expensing/bonus depreciation rules. Plus, there are new filing deadlines.
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Insurance Coverage is Important for Small Business
According to Business.com, not having adequate insurance coverage can cost you your business. Small businesses should take time each year to evaluate their insurance coverage.
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Small Business Missing Out on Online Presence
Small business owners aren’t using their online presence effectively, reports Small Business Trends. Only 17 percent of small business owners use SEO effectively, additionally, only 43 percent have no plans to change or update their website in the next year.
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Small Business Could Feel Trade Deal Pinch
Small business question how Trump’s handling of trade agreements with Mexico will affect their business, reports Business Insider.
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Small Businesses Remain Optimistic
Small business optimism continues to rise, reports CNBC. Optimism levels are at the highest they’ve been in 10 years thanks to the new executive order cutting small business regulation.
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Trump Wins Approval form U.S. Chamber of Commerce
According to Forbes, the U.S. Chamber of Commerce applauds President Trump’s executive order that cuts small business regulations.They believe less regulation will lead to small business growth.
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Nov 14 2012
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