News (2422)
Support Small Business Saturday
According to Forbes, Small Business Saturday is rapidly approaching and there are 4 reasons why you should go out and support small businesses. First, the economy because small businesses account for 99% of all businesses in the United States.
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What Small Business Owners Want Others to Know
Current small businesses owners share what they wish they’d known before starting their business, reports Vice. For example, the importance of being able to stand rejection. From loan officers, and potential clients.
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Low Cost Tech Support
Not all small businesses can afford to have a dedicated IT person, so T-Mobile is offering a low-cost tech support hotline for small businesses, reports eWeek.
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NASE Recognizes Women Entrepreneurs as a Powerful Economic Force in Honor of National Women’s Small Business Month
In honor of October’s National Women’s Small Business Month and the 30thAnniversary of groundbreaking legislation, H.R. 5050, also known as the Women’s Business Ownership Act of 1988, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, recognizes the powerful role women entrepreneurs play in helping our nation’s economy grow and prosper.
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Why Do Small Businesses Fail
According to Forbes, only half small businesses survive more than 3 years. While there are varying reasons for businesses to fail, one major one is there is no market need.
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Shrinking Labor Market Hurts Small Business
The shrinking labor pool is leaving small businesses in a bind, reports USA Today. Most small businesses can’t afford to raise their wages any further, yet employees are demanding higher wages.
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NDAs for Small Business
According to the Arizona Daily Sun, non disclosure agreements aren’t just the province of large companies, small businesses can benefit from having them too.
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"Junk" Insurance Bad for Small Business
According to the Hill, the Department of Health and Human Services rule letting insurance companies sell short term insurance policies does a disservice to small businesses. The so called “Junk” insurance often don’t offer coverage for a variety of things such as mental health care, prescription drugs and pre-existing conditions.
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Small Business Needs Mentors
Mentors play an important role in small business development, reports Small Business Trends. Over 92% of those surveyed report having a mentor that helped them become successful.
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Be Your Own CFO
Small business owners can be their own CFOs, reports Forbes. Many small businesses can’t afford to hire a Chief Financial Officer, but they can make use of technology to be their own financial officer.
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