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News (2420)

Tips to Make Ecommerce Switch Easier

Small businesses making the transition to Ecommerce can take a couple of steps to make the change go smoothly, reports Entrepreneur.

Ecommerce has completely and utterly transformed the landscape of retail. The range of products and services which are purchased through digital platforms is virtually endless, including everything from groceries and electronics to clothing and toiletries. 

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SBA Opens Additional Funding

The Small Business Administration opened another round of Economic Injury Loans and it is reopening its program designed to help entertainment venues, reports Accounting Today.

The Small Business Administration debuted a new program to help small businesses weather the COVID-19 pandemic and prepared to retry a launch of its Shuttered Venue Operators Grant program.

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Minority Owned Businesses Hit Harder

A new report from the 12 Federal Reserve banks shows that businesses owned by people of color were hardest hit by the pandemic, reports CNN.

While the Covid-19 pandemic was a major blow for most small businesses, firms owned by people of color were hit hardest, according to a new analysis from the 12 banks of the Federal Reserve.

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Using Video to Connect With Customers

Small businesses can effectively use short video content to connect with customers, reports Small Business Trends. 

The face of social media has changed significantly in a short time, and today short video content is dominating user news feeds. 

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White House Looks to Small Business

According to Yahoo, the White House sees small businesses key to its infrastructure package’s success. 

The Biden administration is seeking to leverage a secret weapon in its bid to get corporate America to pay for a sweeping jobs and infrastructure package: the nation's some 30 million small businesses.

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Small Business Wants Amazon to Divide

Small businesses want to see Amazon separate its retail division from its 3rd party division, reports INC.

Amazon's third-party sellers have long had a love-hate relationship with the e-commerce giant. Some have hit their breaking point.

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Small Business Closures Up

Closures are still affecting small business, reports CNBC.

Small business closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable.

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Theater Relief Forced to Close Application

According to Yahoo, the Small Business Administration was forced to shut down its venue and theatre relief applications due to technical difficulties. 

A highly publicized opening day for distressed movie theaters and live venues to seek federal Covid-19 relief grants instead fizzled out, as technical difficulties forced the Small Business Administration to shut down its portal for taking applications.

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More Business Relief Funds on the Way

Small businesses may be able to get another round of small business funding from the Economic Injury and Disaster Loan program from the Small Business Administration. 

Beginning April 6, 2021, the U.S. Small Business Administration (SBA) is expanding its Economic Injury and Disaster Loan (EIDL) program, the organization announced in a press release. 

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Tax Credit Could Increase Tax Bill

The employee retention tax credit might result in employers getting a big tax bill, reports. Cleveland.com.

Small businesses taking the employee retention tax credit might get hit with a tax bill before seeing the benefits of the credit — and the IRS should step in to fix that, according to a prominent law firm.

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