News (2422)
Women Still Struggle to Get Credit
According to ABC News, women small business owners have a harder time getting credit. Statistics provided by the online lending company Biz2Credit.com sites show women's business loan approval rates are between 15 percent and 20 lower than men's.
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NASA Selects U.S. Small Business Technology Transfer Projects
NASA has selected 23 proposals from small business and research institution teams to continue the development of innovative technologies that will support future agency mission needs and may also prove viable as commercial products and services.
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Small Business No Longer Job Creators?
According to Small Business Trends, long seen as job creators small businesses are actually creating less jobs than in prior years. The Census Bureau’s Business Dynamics Statistics show small business responsible for creating 55.5 percent of all new jobs in 2011, which is down from 67.2 percent of all jobs in 1987.
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Small Business Cybercrime Victims More Likely to Fail
Statistics from the National Cyber Security Alliance show that yearly 1 out of 5 small businesses is the victim of a cybercrime, reports the Washington Post. In addition, nearly 60 percent of the cybercrime victims go out of business within six months of the attack.
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Technology Connects Owners Even on Vacation
A new survey from ADT shows that small businesses owners rely on technology to keep them connected, even on vacation, reports the Wall Street Journal. Of those surveyed, 55 percent report taking their smartphones on vacation specifically to check on their business while they are away.
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The Cloud is Driving New Technology
According to Inc., in the next six years the number of small businesses using cloud computing is expected to jump from 37 percent to 80 percent. The continued expansion into the cloud is driving new technology that will further help small businesses run their daily operations efficiently and cost effectively.
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Advance Phone Options for Small Business Owners
Small business owners looking to manage and streamline calls on one easy-to-use device can do so with the new AT&T-branded TL86103 2-Line Corded and Cordless Answering System with Connect to Cell(TM) (MSRP $149.95) from Advanced American Telephones (AAT), which manufactures AT&T-branded telephones under a licensing agreement with AT&T Intellectual Property. The TL86103 is the newest version of the number one selling 2-line cordless phone (TL86109) in the U.S. since early 2012.
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Fewer Small Businesses Buying Cyber Liability Insurance since Target's Breach
Insureon, has announced a worrying trend. Since December 19, 2013, when news broke about the Target data breach, businesses outside the information technology sector have been less likely to seek Cyber Liability Insurance.
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Ideas to Help Your Business Find Employees
According to Forbes, a report by ADP (Automated Data Processing), a payroll processing company, shows that small business hiring is up. If your small business is ready to hire consider using social media, such as Linkedin to find potential employees.
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Regulating Alternative Lenders
The credit gap has caused an increase in unconventional lenders, reports Businessweek. The lenders cater to small businesses in need of credit, that they are unable to get from traditional lending sources. Currently, there is no alternative lending regulations and lawmakers think there should be, they point to the high borrowing costs and lack of transparency.
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