News (2428)
Cash Flow Worries Ease
Cash flow concerns are down to pre-recession levels, reports The Wall Street Journal. According to the most recent American Express OPEN Small Business Monitor only 49 percent of those surveyed have concerns about their cash flow, the lowest percent since 2007.
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Reward Customer Loyalty
Customer loyalty programs aren’t just for big business, reports Entrepreneur. Small businesses can also increase sales and customer retention with loyalty programs.
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Confusion Remains About Getting an SBA Loan
According to the Wall Street Journal, entrepreneurs don’t understand the Small Business Administration’s lending program. Many small business owners assume the SBA is the lender, when in fact, all they do is guarantee the loan.
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Need a Loan? Look to Your Vendor
Vendor financing is an often overlooked funding source for small businesses, reports Forbes. The key to working with your vendors to secure financing is to be honest with them, vendors want to see your business succeed.
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Technology Improving Hiring Methods
According to the Washington Post, new technology is making it easier for small businesses to find employees. Improvements in data collection means postings on career sites can generate prospective employees that best match the company needs.
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Business Yet to Recover from Super Storm Sandy
A new survey by the Federal Reserve Bank of New York shows a majority of businesses affected by Super Storm Sandy are still struggling, reports Newsday. A poll of 950 small companies only 36 percent were profitable one year after the storm.
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E-commerce Background Checks
Pre-employ.com, Inc. based in Redding, California has launched a new background check service for small to mid-sized businesses. The new service is being delivered under the brand, MyBackgroundCheck, with an e-commerce website.
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New Color Laser Printers and MFPs with Standard Wi-Fi
Ricoh Americas Corporation today unveiled new color laser printers and multifunction producs (MFPs) that are ideal for small offices and corporate workgroups, and can help increase productivity and efficiency.
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Video Marketing for Small and Medium Sized Businesses
GoAnimate, the leading cloud-based animated video production platform, today announced a partnership with Driven Local, a leading provider of search, social and digital display advertising for small and medium sized businesses. This partnership provides Driven Local's content specialists the use of GoAnimate's platform to produce high-quality animated videos for their more than 1500 clients.
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Bright Outlook for Women Owners
Women business owners are optimistic for 2014, reports the News Observer. In a survey conducted by the National Association of Women Business Owners 87 percent are optimistic about 2014’s economic performance.
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