News (2428)
More Workers Will Be Eligible for Overtime
According to Fox Business, The National Federation of Independent Business is concerned that new overtime rules will harm small business. The new rules set to go into effect changes the wage base for overtime (more than 40hrs), presently only those making less than 23,660 are eligible for overtime. The new rule would be those making under $50,440.
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New Lending Data
Small Business Week is underway with Small Business Administration (SBA) events scheduled for the week in Georgia, Colorado, Arizona and California and OnDeck(®) (NYSE:ONDK), the leader in online lending for small business, is recognizing the occasion by releasing new data highlighting the nearly $1 billion dollars the company has lent to small businesses in those four states.
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Backup and Disaster Recovery Solutions
- Tuesday, 10 May 2016
- News
- Written by Scott Koegler
In today's world, ransomware adds to a long list of potential threats to business continuity, such as natural disasters, equipment failure, human error and malicious cyberattacks. If a business, especially a small business, does not have a strong backup and disaster recovery plan in place, there is a significant chance it will go out of business if it is unable to access data and systems during an IT emergency.
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Stopping New Sales Tax Requirements
eBay is joining forces with local small business to encourage legislators to shoot down two proposed internet tax bills. The Marketplace Fairness Act and the Remote Transactions Parity Act would allow state governments to collect sales tax on transactions by companies with no physical presence in the state. The 25 small business owners will meet with local legislators in Washington D.C. in hopes of convincing them to veto the bills.
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Social Media Key to Small Business Success
According to SILIVE.com, the key to a successful small business is having a social media presence. The results of Time Warner Cable Business Class’ Small Business Technology Impact Study finds that 36 percent of shoppers will not visit a business that doesn’t have a website. Additionally, 1 out of 5 respondents won’t visit a business that fails to respond to online reviews.
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Best City for Small Business
San Jose is once again Biz2Credit’s best city for small business, reports CNBC.com. The California city had slipped to 18th in last year’s survey due to the high costs associated with the city, but this year it once again entered the top spot.
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National Small Business Week
Endurance International Group kicked off its #SMBSuperStars campaign in celebration of National Small Business Week. The campaign highlights exceptional Endurance small business customers and profiles them through a series of blog posts.
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iPostal1 Virtual Office
Now any size company can afford to establish a virtual business address with phone and fax in locations across the U.S. iPostal1 Virtual Office features the first virtual mailbox that lets customers manage postal mail & packages plus phone communications & electronic fax, all in one place, with a free smartphone app or online, 24/7 from anywhere. Proprietary Digital Mailbox technology allows iPostal1 to offer a fully-functional virtual office address at a low, unmatched price.
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Coffee Company Wins Super Bowl Ad
Intuit announced the winner of its Super Bowl commercial contest, reports the Denver Post. Death Wish Coffee, a small coffee roaster, won the 30 second spot.
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Predicting Small Business Success
The Bureau of Labor and Statistics reports that 50 percent of all small businesses fail within the first four years, reports the Huffington Post. Successful businesses share some of the same benchmarks including data driven, customer centered decisions.
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