News (2426)
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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Yahoo Goes After Small Businesses
Yahoo is revamping its small business products, reports Forbes. In addition to domain names, web hosting and templates Yahoo now offers a small business marketplace. Yahoo Stores is an e-commerce site that allows small business owners to set up an online storefront.
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Amazon Introduces Credit Card Processing App
Amazon is hoping to capture a portion of the small business marketplace, reports the Desert Sun. They are rolling out Amazon Local Register, which lets users accept credit card payments via their smartphone or tablet.
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Lending Improves but Still Lags
Numbers from the Federal Deposit Insurance Corp show that in the first quarter banks loaned $585 billion in loans to small businesses, reports the Wall Street Journal. Unfortunately, it is still 18% less than the peak. During 2008, banks loaned $711 billion to small businesses.
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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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