News (2421)
Small Business HR Mistakes that Cost
According to the Huffington Post, there are five common human resources mistakes that small businesses make that could land them in legal hot water.
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Small Businesses Make Digital Missteps
Despite the fact that millions of people shop online everyday, one out of four small businesses still doesn’t have a website, reports the Week. In addition, many small businesses that are online are making critical mistakes that are harming their business.
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SBA Encourages Micro-Loans
According to Forbes, many small businesses need loans $150,000 or under, but these “micro-loans” are too small for traditional lenders. To that end, the Small Business Administration is encouraging its lending partners to fund micro-loans for small business.
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Sales and Use Tax Connector for QuickBooks
Vertex SMB has introduced a sales and use tax connector for QuickBooks. The connector allows QuickBooks users to utilize the Vertex SMB sales and use tax solution to perform calculations on invoices, look up tax rates, prepare and file returns, and maintain product taxability and compliance across multiple jurisdictions and states. The solution automatically performs instant and accurate sales tax calculations and syncs with QuickBooks to help ensure compliance with less effort, cost, and risk.
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Seal Software Launches Newest Module for Salesforce.com
Seal Software announced today its newest version of its module for Salesforce.com, which provides seamless integration between Seal's Contract Discovery and Analytics software and Salesforce.com's leading Customer Relationship Management (CRM) system. This version provides enhanced connectivity for users within an organization, resulting in invaluable customer insights from information locked within contractual documents.
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Recovery Slow for Small Business
According to the Daily Signal, a new survey shows that only a small percentage of small businesses have fully recovered from the “Great Recession”. Of those surveyed only 21 percent reported a full recovery.
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Wells Fargo Announces Winners
Wells Fargo announced the winners of its Wells Fargo Works contest, reports Market Watch. The five winners each received $25,000 & a six month mentorship from a small business professional.
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OnDeck Launches Mobile App
OnDeck, a platform for small business lending, announced the launch of a new mobile app that allows small business owners the versatility to manage their OnDeck accounts on the go. Among other features, customers can use the app to securely draw funds, check account balances and transaction history, make payments and contact customer service, all from their mobile devices.
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No Fraud Protection for Small Businesses
According to NPR, while banks offer individuals coverage from fraudulent bank transactions, that is often not the case for small businesses. Many small business are surprised to learn that their bank is under no obligation to reimburse them for fraudulent transactions on their business accounts.
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Small Business Lender Receives Additional Funding
Fundbox, an alternative lending platform that focuses on small business, just received an additional round of funding, reports TechCrunch. The additional $50 million dollars will allow it to increase the number of loans it makes.
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