News (2425)
Banks Not Offering Card Protection to Small Businesses
According to NSBA, a recent study performed by Cardhub, a credit card review site, found that the 10 major banks fail to offer small business credit card holders any of the protections called for in the 2009 Credit Card Act. The study also found that U.S. Bank is the friendliest bank for small business, while Wells Fargo and Discover were the least friendly.
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Tech Choices Overwhelm Small Business
A majority of small business owners feel overwhelmed by technology, reports PC Magazine. According to a survey by Brother International 64 percent of those surveyed don’t feel like they have a reliable place to get information regarding technology.
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Time to Refi?
Small businesses should consider refinancing their high interest loans, reports Fox Small Business. Currently, the interest rate for a loan from the SBA is 6 percent, with the SBA waiving fees for loans under $150,000.
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Travel Manager Product for Corporate Meeting Organizers
LiquidSpace, the leading online marketplace for finding and booking office and meeting space, today announced the launch of LiquidSpace Travel Manager. This new product provides a simple, convenient solution for corporate administrators, travel and meeting managers to make booking workspace as easy as booking a hotel room or flight.
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Analytics Deliver Dividends for Local Businesses
Airtight Networks has cracked the code on how to deliver meaningful customer experiences specific to each individual through the delivery of personalized analytics in real time. Understanding individual customer behaviors can now be driven by actionable data. Businesses are always looking at ways to improve sales and efficiency. AirTight analytics provide answers to common questions.
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Small Business Sees Growth
Inuit’s Small Business Employment and Revenue Index showed small businesses added 25,000 jobs in April, reports the Wall Street Journal. Small business employees also showed a slight gain in compensation, rising .06 percent in April.
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Wells Fargo Sets Sights On Small Businesses
According to the Washington Post, Wells Fargo Bank intends to loan small businesses a total of $100 billion dollars over the next five years.
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Small Businesses Saving for Retirement
Fidelity’s Small Business Retirement Savings Analysis shows the average balance in a small business retirement plan grew by 4 percent, reports the Boston Globe. An increase in contributions to small business retirement accounts is a good indicator of positive economic growth.
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Why Your Company Needs a Mission Statement
According to Newsday, small businesses need a mission statement. A well-written mission statement can help a company defines its business and its brand. In addition, it should reflect your company’s core beliefs.
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Study Links Multi-Channel Marketing to Small Business Success
New data from Constant Contact®, Inc. (NASDAQ: CTCT) shows that the vast majority of small businesses and nonprofits (82%) have adopted multi-channel marketing programs, leading to increased customer engagement, new customers, and more revenue. At the same time, their top two marketing concerns are making their marketing dollars go further (59%) and selecting the best marketing campaigns to run (56%).
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