News (2422)
Data Discovery and Visualization for Small and Midsize Businesses
In a recent survey, SAP SE found businesses of all sizes are struggling to unlock the hidden value of their data and lack the tools to use company data effectively for decision making. SAP announced that the SAP Lumira solution, Edge edition, is now generally available to help bring cost-effective data visualization to teams and departments within small and midsize businesses.
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Going Viral Can Mean Big Business
Going “viral” can mean big business for small businesses, reports ABC News. Having an item become an internet sensation like “The Dress” can mean an instant increase in sales.
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Five Reasons Small Businesses Fail
According to the Huffington Post, poor accounting practices are one of the five main reasons small businesses fail. Another reason, is failing to adhere to regulatory guidelines for your industry.
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Review Tax Codes Before Filing
There are several tax code changes that small businesses should be aware of, reports Entrepreneur. Most important is the health care tax credit. Small businesses should review their employee classifications, improperly classifying an employee as an independent contractor can result in a steep penalty.
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Maryland Gets Small Business Boost from the Feds
According to the Baltimore Business Journal, Maryland’s Department of Economic Development is receiving a boost from the federal government. The Federal government will award Maryland $23 million dollars under its State Small Business Credit Initiative. The money is to be used to improve small businesses access to capital.
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Small Business Owners See Revenue And Growth Potential In Mobile
A survey from Endurance International Group found that a majority of respondents (68%) believe having a mobile app would help them sell more and engage better with their customers. However, in an increasingly mobile environment where consumers are using their smart devices to find product information and store locations on the go, more than three quarters of respondents (78%) do not currently have a mobile solution or mobile app for their business.
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SMBs Seeking Upgrades in Security Readiness
Keeping data safe and finding new ways to use that data for analysis and decision-making are at the top of the technology to-do list for small and medium sized businesses (SMBs), according to a new study released today by CompTIA, the IT industry association.
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Businesses Continue to Add Jobs
Hiring continues to increase, reports CBS Money Watch. The latest Paychex Job Index show a gain of 0.19 percent in February. Currently, the index is at 100.4. This is the second month straight that it has risen.
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Affordable Care Act Adds More Tax Filing Requirements
Starting in 2016, small business will have an additional tax requirement related to the Affordable Care Act, reports the Wall Street Journal. Employers with an employer sponsored plan will have to report each employees cost to participate in the plan.
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Square Growing Small Business Services
According to the New York Times, Square is seeking to expand its services to small businesses. Currently, Square offers payment processing and card readers, but it is launching an instant deposit service for small business and it is also offering dispute protection services.
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