News (2411)
American Rescue Plan Gives Out Billions
The Small Business Administration has given out $450 billion dollars in American Rescue Plan funds, reports Small Business Trends.
To mark the one-year anniversary, SBA Administrator Isabella Casillas Guzman, issued a statement on how the ARP has been critical for small business survival.
Read more...Business Size Standards Change
According to the Lane Report, the SBA has changed the small business size standards for several business sectors.
The U.S. Small Business Administration issued four final rules to modify revenues-based small business size standards in 16 North American Industrial Classification System (NAICS) sector
Read more...Is The Great Resignation Good for Business
The Great Resignation could actually be good for small businesses, reports Entrepreneur.
When mid-career teachers are leaving the classroom to become data scientists and scrum masters, you know something big is happening in the job market. And that big phenomenon has a rather intimidating name: The Great Resignation.
Read more...Funding for Small Business Grants Passes
The US House of Representatives voted to replenish a small business grant program with $55 billion.
On Friday, the US House of Representatives passed HR 3807, a bill which calls for $55 billion to replenish a small business grant program.
Read more...Grant Programs for Improvements
According to Small Business Trends, many local grant programs offer small businesses grants for capital improvements.
Building improvements can be a major expense for small businesses. And many had to make certain changes to navigate the past few years.
Read more...Finding Staff is Tough
Low unemployment means it’s harder for small businesses to find staff, reports News 4 JAX.
The president announced Friday that 431,000 jobs were added in March and unemployment numbers are just above a 50-year low.
Read more...Selling Your Business for More
If you are planning to sell your small business, there are several ways to increase its value, reports Forbes.
Whether your company was built to sell or you’ve constructed it brick-by-brick over the years, preparing to put a business on the market requires a few changes or enhancements to the way you’ve run it prior to entering the sale process.
Read more...Younger Companies to Benefit
According to CNBC, Republican Senators hope to push through several bills intended to help small businesses.
Senate Republicans on Monday unveiled a plan to accelerate new business enterprises by encouraging young firms to trade on public markets, protecting retail investors and tailoring regulations for smaller companies.
Small Businesses Will Feel Russian Sanctions
Small businesses will feel the economic ripple from the economic sanctions against Russia, reports CNBC.
Over 400 multinational corporations have pulled out of Russia as a result of its invasion of Ukraine.
Read more...Meta Survey Finds Businesses Closed
Meta Platforms (a division of Facebook), conducted a survey that found 20% of small businesses worldwide were non operational.
A new survey by Facebook parent Meta Platforms finds that one in five small businesses worldwide, or 20%, reported they were not operational or engaging in any revenue-generating activities in January, a slight increase from 18% in July 2021.
Read more...
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