News (2428)
Small Business Load Stacking
Stacking, the practice of adding an unsecured loan on top of a loan or line of credit a business already has, is causing a stir in the small business lending community, reports Forbes. Lenders are concerned that the practice creates additional risk of default.
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Small Business Would Like Changes to SHOP Program
According to Bloomberg BNA, proposed tweaks to the Small Business Health Options Program (SHOP), a government program helps small businesses get healthcare for their employees, leave many small business owners wanting more. Business would like to see the exchange itself get an overhaul, things like the minimum participation rate prevents many employers from joining.
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New AICPA Advisory: Hire a Quality Auditor
The American Institute of CPAs’ (AICPA) Employee Benefit Plan Audit Quality Center (EBPAQC) has prepared a new advisory to provide plan sponsors, administrators and trustees with an understanding of the importance of hiring a quality auditor to perform employee benefit plan financial statement audits, as well as information to help select a quality auditor.
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HomeNet Intelligent Router for Small Businesses
Mesh Networks (Mesh) announces the long anticipated launch of the "next generation" of network routers for the consumer and small business markets. The value added, feature rich HomeNet(TM) Intelligent Router launched on November 15, 2014.
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Desk.com App Hub, Empowering Fast-Growing SMBs to Leverage Customer Service
Salesforce, has launched the Desk.com App Hub, a collection of applications specifically aimed at SMBs that want to provide better customer service. Utilizing partner apps that manage everything from e-commerce and email marketing, to telephony and text messaging support, companies can manage their work with customers from a single sysstem.
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Small Business Owners Happy
A new survey shows small business owners are happy, reports Fortune. 82 percent of the small business owners surveyed reported being happier now than in their previous jobs.
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Small Business Saturday Bolsters Holiday Sales
Small Business Saturday is in its fifth year, reports CBS News. It is becoming a holiday shopping tradition along with Black Friday. Last year, consumers spent $5.7 billion dollars at local businesses on Small Business Saturday.
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Protect Your Data
As the holiday shopping season swings into high gear small businesses need to increase their data security, reports Small Business Computing. The point-of-sale system is one of the easiest targets for data thieves, but there are things a small business can do to protect their systems.
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Small Business Owners Not Ready To Accept Contactless Payments
Newtek Business Services, Inc.has announced the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,000 respondents, the key finding from the October survey is 82% of business owners do not currently have a POS terminal or method of taking credit and debit cards ready to accept near field communication (NFC) contactless payments, such as Apple Pay. Additionally, 93% of business owners are not planning on upgrading their existing terminals to be able to accept contactless NFC payment options.
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Data Breach Prevention Guide for Small Businesses
TechInsurance, has announced the publication of The Small-Business Owner's Guide to Identity Theft Prevention and Data Security, an eBook that offers small-business data security tips.
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