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News (2405)

Protecting Small Business Assets

According to the Press Democrate, businesses can take steps to protect their assets in time of economic uncertainty. 

Inflation and looming recession worries are only a handful of concerns small business owners have going into the new year.

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Covid Loan Payments Hamper Business

Some businesses that didn’t qualify for Covid loan forgiveness are just starting to see the impact of having to pay loans back, reports CNN.

At Teddy & The Bully Bar restaurant near downtown Washington, DC, business has never been the same since the pandemic hit.

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Avoiding Startup Mistakes

There are several mistakes to avoid when starting a new business, reports Motley Fool.

When you're starting a new business, there's a lot to consider. You want to make sure you set your company up for success, which means trying to avoid mistakes that could cost you money or make it harder for your small business to thrive.

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Small Business Anticipate Recession

A small business survey finds that over 60% believe that there will be a recession, reports CBIA.

Nearly two-thirds of small businesses and midsize firms anticipate a recession in 2023, with many reevaluating their approaches to prepare, according to a new survey.

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Grants for Small Businesses

According to Small Business Trends, there are still several grants available for small businesses.

There are a number of different issues small businesses deal with on a daily basis. From finances to hiring, structural improvement, and much more.

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Small Business Deductions

According to Entreprenuer, small business owners might want to check to see if their business qualifies for these deductions. 

While there are other benefits, one of the most important reasons you're in business is to make money.

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Mileage Reimbursement Rate

According to Small Business Trends, the IRS has released the 2023 mileage reimbursement rates. 

The release of the 2023 standard mileage rate from the IRS reveals the rate is going up. The new standard mileage rate for 2023 is 65.5 cents per mile.

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Employers Find Getting Employees Easier

A Wall Street Business Journal business survey finds that small businesses had an easier time finding employees in December, reports Business Reports. 

The U.S. job market remains historically tight. But December marked the first time since July where more small business owners said in a survey for The Wall Street Journal that they found it easier—rather than harder—to find workers.

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Are Non-Competes Dead?

According to the Guardian, non-compete clauses aren’t used as much anymore.

Once upon a time a business would hire an employee and make them sign an employment agreement which would include a “non-compete” clause – a pro-business protection that serves one objective: prohibiting an employee from working for a competitor.

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Grow Business with Social Media

Social media can help grow small businesses, reports Entreprenuer.

Small businesses have increasingly relied on social media marketing to reach customers, create brand awareness and drive sales over the past decade

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