News (2428)
Businesses Can Weather Recession
Results from a recent small business survey finds that 4 out of 5 small businesses believe they can weather a recession, reports CNBC.
If you’re a small business owner, you’ve probably had a turbulent past few years.
For the businesses that survived the worst of the Covid-19 pandemic shutdowns and supply chain issues, the economic recovery brought back customers willing to spend.
Read more...Alaska Covid Relief Filled with Fraud
Audit finds Alaska’s Covid relief program filled with fraud, reports Alaska Daily News.
A legislative audit of Alaska’s $290 million small business coronavirus aid program found “a high rate” of grants paid to ineligible recipients, the rate at which the grants were issued “fell far short of expectations,” and there was a “materially deficient” monitoring process once they were distributed.
Read more...Why Small Businesses Use TikTok
It seems like everyone is on TikTok including small businesses, reports USA Today.
I recently had the great opportunity to interview Becca Sawyer, the global head of SMBs at TikTok. Becca shared an amazing stat with me:
Read more...Small Businesses Hiring
According to the Guardian, the US might be entering a recession but small businesses are still hiring.
Are we in a recession? Because if we are, it’s a very strange one.
Sure, we’ve had two quarters of negative economic growth. Manufacturing demand is shrinking.
Read more...SBA Seeks Nominees
The Small Business Administration is seeking nominations for the 2023 National Small Business Week Awards, reports Small Business Trends.
The U.S. Small Business Administration (SBA) recently announced the call for nominations for the 2023 National Small Business Week (NSBW) Awards.
Read more...Prepping Businesses for Criminal Events
Businesses need to make a plan in the event of a shooting or other large scale crime in their area, reports the Star Tribune.
It has started to feel like shootings and other dangers in business settings are becoming more common.
Read more...Higher Costs Less Customers
According to ABC News, higher prices are causing customers to leave small businesses in search of better deals.
Inflation isn’t only costing small businesses money. It’s costing them customers as well.
Read more...Slowing Housing Market Hits Small Business
The slowing housing market is adversely affecting small businesses, reports AP News.
The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners are renovating their properties.
Read more...Rising Rents Hit Small Businesses
Small businesses feel the pinch of increasing rents, reports CNBC.
The Federal Reserve chair Jerome Powell said on Friday there will be “pain” to come in the economy as a result of the central bank’s battle with inflation, and right now, small businesses are experiencing that pain on both sides of the fight.
Read more...September Brings New Grant Opportunities
According to Small Business Trends, September brings many small business grant opportunities.
September is seen as a fresh start for many. Whether you love the changing weather or are excited for back to school season, it can inject new life into startups and small businesses.
Read more...
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