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News (2405)

Ways to Get Government Help for Small Business

There are many ways that the government helps small businesses, reports the Guardian. 

According to a new report, the US government “isn’t doing enough” for small businesses. I’m calling baloney.

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Small Businesses Growing in America

Small businesses are increasing in America, reports KVUE.

There's been a record new number of small businesses nationwide in the past few years.

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Small Businesses Need to Focus on Small business

Small businesses need to ensure that their social media is “crushing it”.

While small businesses struggle to make social media marketing work for them, big companies have it easy.

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Swipe Fees Hurting Small Business

According to CNBC, small businesses are fighting to reduce the amount of swipe fees that they pay. 

Sol Dias Ice Cream, in the Dallas metro area, draws in customers with its award-winning mango sorbet and flavors with a Mexican twist like “tequila” and “queso.”

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Payment Processing Companies Want to Capture Small Business

According to American Banker, payment processing companies are rushing to become “one stop shops” for small business, reports American Banker.

Small businesses have been throttled by the pandemic, supply-chain glitches, labor shortages and inflation, yet the category as a whole has shown a resilience that makes it ripe for new financial services.

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Minimizing Small Business Failure

There are things that small businesses can do to minimize failure, reports Kiplingers. 

“Regardless of what kind of business,” observes Bakersfield, Calif.-based CPA Michael Stevenson (opens in new tab), “the risk of failure should always be kept in mind along with a large question mark: ‘What, if anything, could I be doing wrong? What have I missed?’ Answers to these questions spell success or failure.”

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Tax Breaks for Small Business

According to Yahoo Finance, small businesses can take advantage of several small business tax breaks, like the employee retention credit. 

Small employers faced unprecedented times in the last couple of years. Fortunately, Congress passed tax incentives for small business owners to take advantage of this critical situation.

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Tax Credit for Businesses

Businesses that previously applied for the Restaurant Revitalization program can now apply for a special tax credit, reports Small Business Trends. 

The new legislation creates a special tax credit that is available to businesses that had previously applied for the Small Business Administration’s Restaurant Revitalization Fund (RRF) program, but did not receive a grant because the program ran out of funding. 

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Grants for Small Business

Many grants are available for small businesses, reports the US Chamber.

Whether you’re starting a new small business or looking to grow the one you already own, finding funding can be a challenge for businesses of all sizes. If you’re looking for a small business loan or grant, CO— is here to help.

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Small Business Optimism Low

According to Forbes, the National Federation of Independent Business finds Small Business Optimism still remains low. 

Last week, the National Federation of Independent Business (NFIB) revealed the results of its December 2022 Small Business Optimism Index. As it turns out, small business owners aren’t feeling very hopeful about the near future. 

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