News

News (2424)

Ransomware Attack Hits Small Business

Small businesses affected by a holiday weekend ransomware attack, reports CNBC.

Businesses rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend.

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SBA Grant Program Extended

The Community Navigator Pilot Program has extended its deadline, reports Cleveland.com. 

The Small Business Administration is extending the deadline on a $100 million grant program designed to connect small businesses with SBA assistance and programs.

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Employers Can Get Hiring Costs Back

Employers can recoup hiring costs through the Employee Retention Credit, reports CNBC.

Small businesses across the country are struggling to keep employees and attract new staff in a tight labor market which has given workers the upper hand.

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Attracting Workers During Labor Shortage

There is a labor shortage, so how can small businesses attract potential employees, reports Technical.ly.

Nearly 650,000 retail workers quit their jobs in April alone. And with companies like Target, Best Buy and Under Armour all raising their minimum wage to $15 or more, how can small businesses keep up if they feel they can’t afford such a rate?

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The Cost of Small Business

Small business owners are often surprised by some of the hidden costs of owning a small business, reports Yahoo Finance. 

Pursuing and running a small business comes with a lot of costs, and some of those costs might be less obvious than others. 

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Small Businesses Still Closed in S.F.

A large percent of small businesses in San Francisco remain closed, reports the San Francisco Chronicle.

Over 45% of San Francisco’s small businesses remain closed despite an improving economy and California’s reopening, according to a new city report.

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SBA Urges Small Business to Apply for Economic Disaster Aid

According to Cleveland.com, the small business administration is urging all businesses to apply for an economic disaster loan.

The Small Business Administration is now urging all eligible small businesses to apply for its Economic Injury Disaster Loans and its Targeted EIDL Advance grant program.

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Black Owned Small Businesses Not Out of Woods Yet

Despite overall small business optimism, black owned businesses are still worried about their future, reports Fortune. 

Last year was all about staying afloat for Elizabeth Blount McCormick. As the president and owner of Ohio-based travel management company Uniglobe Travel Designers, Blount McCormick found herself at the helm of a 40-year-old business that had the misfortune of operating in one of the hardest-hit industries in 2020.

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The Government Rescinds Some Payments

The federal government is rescinding thousands of dollars in aid promised to restaurants, reports NBC 15. 

Almost 3,000 small business owners are facing the rollback of federal money they were promised under the Restaurant Revitalization Fund. Less than three weeks ago, the U.S. Small Business Administration (SBA) stopped distributing money from the fund, leaving some business owners hanging.

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As Small Businesses Begin Slow Recovery from COVID-19, National Association Awards $12k in Growth Grants

With the small business community beginning the slow recovery from the devastating COVID pandemic, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, announced $12,000 in Growth Grants to three local Florida, Texas and New York businesses for the first quarter of 2021.  Today’s announcement also includes a  partnership with DELL Small Business who generously has sponsored $4,000 for the January Growth Grant award.

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