News (2200)

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.


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.


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. 


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. 


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.


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


ARPA Helps Small Businesses Still

According to Small Business Trends, the American Rescue Plan Act continues to help small businesses.

Kings County, California is making $6 million in federal funds available to local businesses


Small Business Relief Program Gets Treasury Approval

State Small Business Credit Initiative gets approval from the U.S. Treasury, reports Reuter’s. 

The U.S. Treasury Department said on Friday it approved four additional state plans for the State Small Business Credit Initiative worth $750 million, bringing total approvals under the COVID-19 recovery venture capital program to $2.25 billion.


Labor Shortage Hurts Small Business

According to CNN, the continued labor shortage is negatively affecting many small businesses. 

The pandemic forced Freed Bodyworks, a wellness center offering massage therapy, yoga, acupuncture, mental health counseling and other services, to shut down for four months.


Small Business Still Recession Wary

A new survey by UpCity shows that small businesses are still concerned about a recession reports Yahoo Finance.

With the latest news that GDP fell 0.9% in the second quarter, recession fears have been fueled by business owners and consumers alike. UpCity has announced the results of a survey that reviews plans from SMB owners to share how they’re preparing for the unknown.


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