News (2420)
Rising Rents Hit Small Businesses
Small businesses feel the pinch of increasing rents, reports CNBC.
The Federal Reserve chair Jerome Powell said on Friday there will be “pain” to come in the economy as a result of the central bank’s battle with inflation, and right now, small businesses are experiencing that pain on both sides of the fight.
Read more...September Brings New Grant Opportunities
According to Small Business Trends, September brings many small business grant opportunities.
September is seen as a fresh start for many. Whether you love the changing weather or are excited for back to school season, it can inject new life into startups and small businesses.
Read more...ARPA Helps Small Businesses Still
According to Small Business Trends, the American Rescue Plan Act continues to help small businesses.
Kings County, California is making $6 million in federal funds available to local businesses
Read more...Small Business Relief Program Gets Treasury Approval
State Small Business Credit Initiative gets approval from the U.S. Treasury, reports Reuter’s.
The U.S. Treasury Department said on Friday it approved four additional state plans for the State Small Business Credit Initiative worth $750 million, bringing total approvals under the COVID-19 recovery venture capital program to $2.25 billion.
Read more...Labor Shortage Hurts Small Business
According to CNN, the continued labor shortage is negatively affecting many small businesses.
The pandemic forced Freed Bodyworks, a wellness center offering massage therapy, yoga, acupuncture, mental health counseling and other services, to shut down for four months.
Read more...Small Business Still Recession Wary
A new survey by UpCity shows that small businesses are still concerned about a recession reports Yahoo Finance.
With the latest news that GDP fell 0.9% in the second quarter, recession fears have been fueled by business owners and consumers alike. UpCity has announced the results of a survey that reviews plans from SMB owners to share how they’re preparing for the unknown.
Read more...Big Companies Make Big Inventory Blunders
According to CNBC, small businesses can learn from Walmart and Target’s inventory mistakes.
The retail battle narrative over the past few decades has cited one of two wars: Amazon and e-commerce against the big bricks-and-mortar retailers, and everybody big against small Main Street entrepreneurs.
Read more...IRS May Focus on Small Business
According to the New York Post, small businesses may soon face increased tax scrutiny.
Small business owners may soon be in for a lengthy and expensive battle with the IRS, tax experts warn.
Read more...Amazon Opens Grant Program to Support Small Businesses
Amazon is offering a new grant program to support sustainable small businesses. Recipients will get $20,000 and access to Amazon Launchpad, a platform designed to increase visibility and sales on Amazon.
Read more...Small Businesses Struggle But Remain Open
Small businesses are facing struggles, but it’s not as dire as some surveys predict, reports the Hill.
As someone who writes about small business, I receive lots of ridiculous surveys from companies and their public relations (PR) firms looking for a headline.
Read more...
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