News (2425)
Small Business Lender Upbeat
Keri Gohman, Capital One's head of small business banking, is optimistic about small business, reports USA Today. With better earnings companies are reinvesting in their businesses. Many seeking loans, and finding that banks like Capital One are willing to lend to them.
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Peers Have Greater Impact than Mentors
According to Fox Small Business, 89 percent of small business owners report that their personal relationships impact how they run their business. The findings are part of a report from the National Association of Women Business Owners (NAWBO). The report also found that peers influenced 67 percent of the business owners, but only 51 percent reported being influenced by a mentor.
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Business Executives Adopt More Favorable View on Hiring
Business executives are more optimistic about a broad range of performance indicators for the coming year, which has led to a more favorable view on hiring, according to the third quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles.
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Expanded WorkForce Printing Solutions for Small Offices
Epson America, Inc., a leading provider of superior performing printing solutions, today announced the Epson WorkForce(® )2600-Series all-in-one printers designed for the home and small office. The WorkForce WF-2660 and WF-2650 leverage Epson's PrecisionCore(TM) printhead technology and offer a unique combination of performance and value in a compact design for businesses, delivering laser-sharp black and color text printing, professional quality prints and easy wireless printing at an affordable price.
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Five States Get Early Access to Health Insurance Marketplace
Five states will get early access to the federal small business health insurance marketplace, reports The St. Louis Post Dispatch. In October, small businesses in Missouri and Illinois, along with three other states, will get a chance to use the Small Business Health Options Program, or SHOP to find health insurance for their employees. Open enrollment begins in November.
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Small Business Owners Invest in Business in July
According to CNN, the Thomson Reuters/PayNet Small Business Lending Index shows July had the highest borrowing level in seven years. The numbers show small business owners are taking loans to do more than just replace worn out equipment.
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Do Research Before Going with an Alternative Lender
Be wary of alternative lenders, reports Businessweek. They often charge exorbitant interest rates. One such company, LenderVantage, promoted by Larry King, offers a loan program with an annual interest rate equivalent to 100 percent.
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How to Gain Attention for Your Small Business
Gaining attention for your small business can be hard, reports Forbes. Try an unconventional method such as partnering with a like minded business for pop-up experiences or trunk shows.
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Square Dashboard Adds Small Business Features
According to Tech Crunch, Square is rolling out a new Square Dashboard that will help small business owners manage other parts of their business. One feature, Square Appointments lets businesses accept online appointments.
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Customers Browse Facebook Before Browsing Your Store
Before deciding to shop at a small business potential customers check Facebook, reports Inside Facebook. A survey by G/O Digital shows that 62 percent of those surveyed check Facebook before visiting a local business.
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