News (2428)
Health Insurance Costs Not Going Down
The Affordable Care Act, is not lowering health insurance costs for small business, reports the Daily Caller. More businesses have seen their healthcare costs rise, over 63 percent, since the Affordable Care Act’s Implementation. Only eight percent of businesses reported the mandate has lowered their health insurance costs.
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Small Business Saturday
According to the Almanac, Small Business Saturday was started in 2010 as a promotion by American Express, and they intended for it to only run one year. Now, the shopping event is in its 5th year and continues to grow. Last year, over $14 billion dollars was spent at small businesses.
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Small Business Lending Rises
According to CNBC, the Thomson Reuters/PayNet Small Business Lending Index increased in September. The rate indicates that companies are borrowing money in order to produce goods for sale in the 4th quarter.
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Small Business Index Declines
Paychex’s Small Business Index contracted in October, reports CNBC. The index charts small business growth, October is the third straight month of decline. This marks the first time there has been a multi-month decline since 2013.
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American Express Drops Statement Credits for Small Business Saturday
According to Syracuse.com, American Express will no longer offer credits to shoppers on Small Business Saturday. In previous years, shoppers visiting qualified small businesses could earn up to $30 in statement credits. This year American Express will focus more on providing resources to the participating small businesses.
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New Network Security Hardware Appliance for Smaller Businesses
Kerio Technologies [http://www.kerio.com ] announced the launch of a new
addition to its Kerio Control hardware appliance range. With the new Kerio Control Box
NG100, Kerio addresses the security needs of smaller businesses, protecting networks of
approximately 10 users. Read more...
addition to its Kerio Control hardware appliance range. With the new Kerio Control Box
NG100, Kerio addresses the security needs of smaller businesses, protecting networks of
approximately 10 users. Read more...
Fintech Introduces Simplest Way to Get Paid
Invoice2go, the mobile invoicing app, announced the launch of its mobile payments feature, powered by Stripe Connect. Small businesses and freelancers who previously had to wait for cash or checks can now accept credit and debit card payments immediately through Invoice2go, giving their customers more ways to pay and helping them get paid faster.
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Shop Doesn't Take Off with Small Business
The Affordable Care Act’s Small Business Health Options Program, (SHOP) has failed to take off with small businesses, reports USA Today. Currently, only 11,000 small businesses get their insurance through the exchange.
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Crowdfunding Gets Go Ahead From SEC
According to the Business Journal, the Securities and Exchange Commission has finalized policies regarding crowdfunding for businesses. Next year small businesses will be able to raise $1 million dollars via crowdfunding.
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Economy Hampering Expansion
A new survey by Bank of the West shows small businesses owners are leery of hiring, reports ABC News. Small business owners are unsure of the economy and don’t plan to expand in the near future.
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