News (2424)
Small Business Feels Bleak
According to CNBC, small businesses owners are starting to feel bleak seven months into the pandemic.
When Patrice Graham opened Colors of Yoga Raleigh three years ago, it became the city’s only Black-owned yoga studio, an inclusive space for people of color and the LGBTQIA+ community to feel comfortable and confident practicing
Read more...Use Big Data Properly
Not using big data properly can actually be damaging to your business, reports Inside Big Data.
While the benefits of working with big data are well established, the continuing growth of unstructured data is overwhelming many organizations. That’s because they have little idea of how to manage and use it in the best ways to generate value for the business.
Read more...Army Uses Big Data to Make Replacement Decisions
According to National Defense Magazine, the Army is using big data to find out when to replace aging equipment.
The Army is using powerful new computers to crunch data so it can better decide the optimum time to get rid of aging platforms such as tactical wheeled vehicles and other equipment.
Read more...Google Brings Big Data to Farming
According to Tech HQ, Google’s parent company Alphabet is bringing big data to help find sustainable farming solutions.
Alphabet, better known as Google’s parent company, is joining the effort to bring sustainable agriculture to the masses following its latest project’s unveiling involving robots, crops, and big data.
Read more...Smaller Loans Getting Easier to Forgive
According to the Hill, the SBA will simplify the loan forgiveness application for businesses that took loans under $50,000.
The Small Business Administration (SBA) and Treasury Department announced that they are simplifying the loan forgiveness application for Paycheck Protection Program (PPP) loans under $50,000.
Read more...Prime Day a Boon for Small Business
Amazon’s Prime Days gives thousands of small to medium size businesses a way to reach more customers, reports CNBC.
Come Oct. 13 and 14, Amazon’s annual two-day members-only online sales extravaganza Prime Day will bring customers over one million deals on myriad products in popular categories including home accessories, toys, and electronics.
Read more...White House Wants Last of PPP Funds Released
According to the UPI, top white house officials are calling for the release of unused Paycheck Protection Program funds.
Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows on Sunday sent a letter to Congress calling for the release of unused Paycheck Protection Program funds amid ongoing talks on an additional round of COVID-19 stimulus.
Read more...Economic Injury Program Not That Helpful
According to the Washington Business Journal, many small businesses were given less money than they needed from the Economic Injury Disaster Loan Program.
Hundreds of thousands of businesses that applied for the Small Business Administration's Economic Injury Disaster Loan program were ultimately given less than they needed, according to a Government Accountability Office review of the program.
Read more...More Money for Distressed Small Business
According to CNBC, the Treasury and the House may be close to an agreement on a further round of funding for distressed businesses.
As House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin try to hash out another coronavirus relief package, distressed business owners continue to wait in the wings.
Read more...Business Switching to Online Sales Miss Tax
More businesses are turning to online sales, however, many small businesses don’t fully understand their states online sales tax rules, reports Forbes.
Covid-19 and the social distancing it requires has pushed more of our purchasing online. In fact, since March an extra $107 billion has been spent online, according to Adobe Analytics.
Read more...
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