News (2421)
LinkedIn Offers New Tool For Small Business
LinkedIn is offering a new service that benefits small businesses and freelancers, reports INC. The new feature lets these users show they are “open for business”
If you're freelance or the owner of a small business, it can be extremely difficult to get noticed by prospective clients--especially if the services you offer are offered by many other freelancers or small businesses.
Read more...Immigration Reform No Longer Worrisome to Small Business
Small business owners find their fears that the Trump Administration’s Immigration Policy will hurt them is waning, reports CNBC.
In early 2019, with the crisis at the U.S.’s southern border reaching a tipping point, immigration surged to become the issue that small business owners said they cared about the mostIn the first quarter of this year, more than a quarter of small business owners (27%) named immigration as the top issue, when only a year prior just 11% had said the same.
Read more...Disregarding HIPPA Could Be Costly
Small businesses that work with healthcare providers often don’t follow HIPPA guidelines which could have a severe financial impact should they be caught, reports Small Business Trends.
The financial impact of HIPAA violations is especially burdensome on small businesses. This is why small firms have to take increased precautions to ensure they are not violating any HIPPA regulations. Whether you’re providing healthcare directly or support services, you are equally liable under HIPPA
Read more...Small Business Optimism Rises
According to Gallup, the start of the 3nd quarter found small business owners very optimistic. The Small Business Index Survey from Wells Fargo saw a 7 point increase.
Small-business owners' optimism has edged up over the past three months. In the latest quarterly Wells Fargo/Gallup Small Business Index survey, conducted July 8-12, 2019, the overall index is +136, up from the +129 recorded in Quarter 2.
Read more...Tax Cut Popular with Small Businesses
The 20% tax deduction that small business owners can take thanks to the Tax Cuts and Jobs Act is popular with small business owners, reports CNBC. Over 14 million filers claimed that tax during the 2018 tax season.
The tax overhaul unveiled a new 20% tax deduction for small business owners in 2018 — and just over 1 in 10 filers so far have claimed it.
Read more...Now is the Time to Get a Small Business Loan
Small businesses seeking loans are getting approved at record rates reports Forbes.
Approval rates for small business loan applications rose to another post-recession record (27.7%) at big banks ($10 billion+ in assets), while also climbing above 50% at small banks in July
Read more...Capital One Data Breach Could Impact Small Business
Another cyber security breach, this time affecting Capital One, could spell trouble for small business owners, reports Small Business Trends.
Online security was a big topic in the past week.
Of course, news broke mid-week about the big Capital One data breach. And we talked about how you can deal with that as a small business owner and entrepreneur.
Read more...Small Businesses Believe Automation Will Help
Instead of fearing automation and artificial intelligence, small businesses see it as a way for them to grow their business, reports Yahoo Finance.
A new study from web hosting company GoDaddy has found that despite general fears of the impact of automation and artificial intelligence (AI) on companies, small-business owners and entrepreneurs are “optimistic about business growth, the power of technology, and their contributions to local communities.”
Read more...Small Employers Get 401k Access
According to CNBC, employees at small firms will soon be able to have access to 401k plans.
If you work at a small business and don’t have access to a 401(k) savings plan, that could soon change.
The Labor Department on Monday released a final rule that’s intended to make it easier for the nation’s smaller firms to band together to offer 401(k) plans to their workers.
Read more...Making Small Business Reorganization Easier
With the House passing the Small Business Reorganization Act 2019 small businesses will soon be able to use bankruptcy to reorganize their businesses, reports ACA International.
The U.S. House of Representatives recently passed the Small Business Reorganization Act of 2019 (H.R. 3311 ), allowing small businesses to employ the tools of Chapter 11 to successfully reorganize.
Read more...
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