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News (2425)

Wages Softening

Wage pressure is easing for small businesses, reports the Small Business Report. 

The wage pressure that small business owners have been feeling for the past few months may be starting to ease, according to a new report from employment website Indeed.

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Making Sure Insurance Coverage is Good

According to the Motley Fool, small business owners need to make sure they have the proper amount of liability insurance. 

As a small business owner, you've learned to keep many plates spinning simultaneously. After all, it often comes down to you to get things done. 

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IRS Gets Tough on ERC

The IRS is cracking down on the Employee Retention Credit, reports CNBC.

A cottage industry of specialist firms has sprung up to help business owners claim the Employee Retention Credit (ERC), a governmental tax incentive intended for companies stressed by the pandemic. But businesses need to be careful not to get hoodwinked.

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Banks Slow Lending

US banks are slowing down lending to small businesses, reports Reuters. 

U.S. domestic banks reported a widespread tightening of lending standards by the end of the first quarter of 2023 - even before the full impact of the regional banking crisis had been felt

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Getting Small Business Funding

There are some steps you can take to increase your chances of getting funding when you apply for a small business loan, reports Fox Business

If you are in the market for a small business loan, there are pivotal steps to take to increase your chances. 

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ChatGPT Help or Harm Small Business

According to the Motley Fool, Chat GPT is here to stay and there is uncertainty whether it will help or harm small businesses. 

Love it or hate it, ChatGPT and other apps using artificial intelligence (AI) technology are becoming part of our lives.

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Stopping Extra Charge for Cash

North Carolina bills looks to stop fees for those who pay cash, reports WSOCTV.

Small businesses in North Carolina could be required to accept cash under a new bill. The bill, called the Cash Commitment Act, would ban extra charges to customers who pay with cash

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What to Do About Copycats

Businesses have recourse if someone copies their ideas, reports Entrepreneur. 

I still remember the big plagiarism lecture from high school — this was back in the early days of the Internet, and our teacher said, "If you rip a report off the Internet and use somebody else's work as your own — it's a legal violation!"

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Small Businesses Fear Debt Default

According to a new survey, 65% of small businesses feel they would be impacted by the debt default, reports the Guardian. 

The US is careening towards a debt crisis the likes of which we haven’t seen since 2011 when Barack Obama faced off against the Tea Party. 

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Optimism Falling

Small business optimism is falling, reports Small Business Trends. 

Small businesses are facing heightened challenges due to labor quality and inflation, according to the NFIB’s Small Business Optimism Index. 

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