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Omicron is Hurting Small Business

According to NBC News, businesses are reporting Omicron is significantly impacting their ability to do business. 

Small businesses have taken hit after hit since the start of the pandemic. They’ve dealt with forced closures during lockdown, Covid-related restrictions on capacity, unruly customers and worker shortages.

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Businesses Report Covids Negative Impact

Over 20% of businesses surveyed report that Covid has negatively affected their business, reports Benefit News. 

Small businesses have fought tooth and nail for survival throughout the pandemic, and many fear that it’s going to get worse before it gets better.

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More Covid Relief Funding for Business

Legislators are working to expand covid relief funds for small businesses, reports Small Business Trends. 

A cross-party group of legislators are attempting to expand the financial relief available for small businesses in the wake of the fast-spreading omicron variant, as reported by Fox Business.

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Cryptocurrency Transactions for Small Business

According to Small Business Trends, small businesses can accept cryptocurrency transactions. 

It took only four months within the first half of 2021 for the global cryptocurrency usage to double to over 200 million. In this article, we’ll show you how to accept crypto payments as a small business.

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Several Small Business Grants Closing in 2022

Several small business grant opportunities will be closing in 2022, reports Small Business Trends. 

If you want to start 2022 with some extra cash in your business bank account, these small business grants may help. But you must act quickly. All of the following grants have deadlines in January. Read on to learn about the different opportunities and how to apply.

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Cash App Transaction Soon Will Be Taxable

According to the Guardian, small businesses and independent contractors that use cash apps like Paypal and Venmo will now have those transactions reported at year end to the IRS.

A new tax rule will impact millions of small businesses in 2022. You can thank one small change buried in the American Rescue Plan Act of 2021.

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Small Businesses Can Use AI for Several Things

According to Inc., small businesses can incorporate artificial intelligence into their business in several ways such as business automation. 

As a business owner, you likely have artificial intelligence (AI) on your radar as something you could use to increase operational efficiency and improve customer satisfaction.

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Amazon Web Service Goes Down

According to Small Business Trends, the Amazon Web Service outage knocked a lot of small businesses offline during the important holiday shopping season.

The outage of Amazon Web Services (AWS) affected small businesses. Why, because AWS provides servers, storage, networking, remote computing, email, mobile development, and security for companies of all sizes. 

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Small Business Using Holiday Sales Performance as Guide

A new American Express survey finds 78% of businesses surveyed will use the holiday season sales to determine if they will remain open in the new year, reports Channel 3000.

While the economy is slowly beginning to improve, retailers are now wrestling with a long list of new obstacles: from rising inflation to hiring workers.

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Small Business Grant Opportunities

According to Small Business Trends, several organizations have opened new grant opportunities for small businesses. 

Small business owners have so many things to manage — it’s not always possible to apply for grant opportunities as they arise. Luckily, many programs offer multiple rounds or opportunities to reach even more businesses. 

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