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News (2405)

Beyonce Gives Out Small Business Grants

Beyonce is handing out grants to small businesses along her Renaissance World tour route, reports KHOU.

Houston native Beyoncé and her BeyGOOD Foundation are giving $2M in college scholarships and grants for Black-owned small businesses.

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SBA Brings in More Lenders

The Small Business Administration is lifting the moratorium on bringing in new lenders, report the Business Report. 

More pathways to secure a government-guaranteed small business loan are about to come online, according to Inc. magazine. 

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Saving Time with A.I.

According to Inc. generative A.I. tools can help small businesses save time. 

Small business owners are often constrained by limited time and resources. Now, new generative A.I. tools aim to alleviate the burden for their scrappy teams. 

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Door County Great for Small Business

A new national survey shows that Door County Wisconsin a great place to own a small business, reports the Greenbay Press Gazette. 

If you own a small business on the Peninsula, you're in a good place in Wisconsin, a national study says.

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Bank Crisis Worries Small Business

Small businesses are worried about credit amid the banking crisis, reports Fortune. 

Small businesses are referred to as the backbone of the economy for a reason. They employ 46% of American workers and make up nearly half of GDP, and they boomed during the pandemic as new business applications set records.

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New Lending Rule

A new small business lending rule created to combat unlawful discrimination has been finalized, reports Small Business Trends. 

The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress that will improve transparency in small business lending, as well as helping to promote economic development while combating unlawful discrimination.

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Business Owners Worried About Capital

According to the U.S. Chamber, small business owners are more worried about where they will get capital from than they were five years ago.

Small business owners’ perceptions of their access to capital have declined over the last five years according to the latest MetLife and U.S. Chamber Small Business Index

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Tips for Finding the Right Employees for Your Small Business

As a small business owner, getting the right people to implement your vision can be challenging and time-consuming. You must ensure that you hire individuals with the necessary skills and experience that fit well with your company culture and values. Sadly, most small businesses get hiring wrong, and some end up making losses and closing altogether. Here are some tips to help you find the right employees for your small business.

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Using Social Media to Grow Business

Small business owner uses TikTok to get her product in a big retail store, reports Business Insider. 

I never planned to be in business. I studied sociology at Santa Clara University because I'm fascinated by people's behavior and I come from a multicultural background. 

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Quality Labor Missing

According to Small Business Trends, businesses are still struggling to find quality labor. 

Labor quality remains a significant challenge for small business owners, with 23% citing it as their top operating issue, according to the NFIB’s monthly jobs report.

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