News (2425)
Small Business Administration Helps Offset Financial Impact
According to Yahoo Finance, the Small Business Administration is working to help small businesses cope with the financial impact of COVID-19.
President Donald Trump’s plan to utilize the Small Business Administration in the U.S. government’s coronavirus response is moving quickly, a top official told Yahoo Finance, with billions set to be allocated to cash-strapped establishments around the country.
Read more...Study: 1 in 6 American workers could be negatively impacted by social distancing
About 1 in 6 workers, or about 17 percent of U.S. employees, could be negatively impacted if social distancing becomes the norm as the nation attempts to contain COVID-19, says a new Ball State University report. “Occupational Exposure to Social Distancing: A Preliminary Analysis Using O*NET Data,” an analysis by Ball State’s Center for Business and Economic Research (CBER), found that there are about 28 million jobs involving high levels of physical proximity with others and working with others. These jobs pay an average of $32,774 per year.
Read more...Dallas Mavericks Owner Helps Small Business
Mark Cuban, owner of the Dallas Mavericks, is offering to reimburse people who buy breakfast or lunch from local small businesses, reports CBS DFW 21.
The Dallas Mavericks and Mark Cuban are continuing to pay it forward to support those affected by the concerns over the coronavirus outbreak.
Read more...U.S. Treasury Works to Help Business
According Bloomberg, the U.S. Treasury is working on a relief package for businesses affected by Covid-19.
The U.S. Treasury will be able to support smaller businesses impacted by the coronavirus through an economic relief plan that the House passed late Friday, Treasury Secretary Steven Mnuchin said in a statement.
Read more...Business in Michigan Adapting
Michigan small businesses are struggling to adapt to the new business model that is a result of Covid-19, reports Crain’s Detroit Business.
Monica Wheat was slightly ahead of the curve. The afternoon of Friday, March 6, Wheat, the executive director and co-founder of Detroit-based startup economy consulting firm Venture Catalysts, learned that the annual South by Southwest tech and music festival in Austin, Texas, had fallen victim to concerns of spreading COVID-19, the disease caused by the new coronavirus
Read more...Consumers Key to Small Business Survival in Pandemic
If the coronavirus becomes widespread in the US it will be up to consumers to keepn small businesses afloat, reports Yahoo Finance.
Keeping the U.S. economy on its feet as coronavirus pervades American borders is up to consumers and how much they’re willing to go out and spend, especially at small and midsize businesses, supply chain management expert Hitendra Chaturvedi says.
Read more...Business For All Listens to Small Business
Hello Alice launches a ‘Business for All’ campaign to bring small business concerns to the attention of lawmakers, reports Forbes.
Two veteran entrepreneurs launched an effort on Tuesday to renew America’s attention on helping small businesses thrive.
Read more...American Express Target Small Businesses
According to the Wall Street Journal, American Express engaged in shady practices to convince small business owners to sign up for a card.
The American Express saleswoman had finally convinced Bryan Daughtry to apply for a card. There was just one thing: She had to run a credit check.
Read more...Seattle Wants to Improve Things for Small Business
Seattle wasn’t to improve the economic outlook for small businesses in the city, reports SeattlePi.
Seattle is investing more than $2 million into small businesses and neighborhood business districts to help places struggling with issues including affordability, city officials announced this week.
Read more...Tax Breaks for Small Business
Small businesses can take advantage of several tax breaks, reports Forbes.
Running a business can be time-consuming and stressful. Keeping up with all the ins and outs of tax planning is often ignored.
Read more...
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