News (2421)
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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No Vacations for Small Business
According to Fortune, for small business owners its all work no play. A new survey by OnDeck revealed that over half the survey respondents weren’t planning on a vacation this year.
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Report Shows Small Business Credit Conditions Rebound to Reach All-Time High
Experian(®), the leading global information services company, today announced that following a tough first three months of the year, small-business credit conditions rebounded in the second quarter of 2014 to reach their highest level on record. According to the most recent Experian/Moody's Analytics Small Business Credit Index, the improvement was driven by an expansion in outstanding credit balances as well as a decline in overall delinquency rates. These and other business credit and macroeconomic trends impacting small-business health will be presented in Experian's Quarterly Business Credit Review Webinar on Sept. 4, 2014, at 1 p.m. Eastern time.
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Facebook's Power in Driving Offline Sales for Small Businesses
G/O Digital has released the results of its new study - Facebook Advertising: The Social Commerce Lifeline for Small Businesses. The study, which surveyed 1,000 online and mobile users, proves that Facebook advertising holds significant influence over consumers' views and engagement with small businesses, including their decision to purchase items in-store.
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SMB Users to Rethink Storage
Synology continues to encourage SMB users to Rethink Storage at the 2014 VMworld Expo. With versatile, performance-based NASs, and a focus on ROI, Synology will present a vast product line of network attached storage, that breaks convention from more costly SAN solutions.
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