News (2425)
Millennials Shun Traditional Small Business
Despite claiming that they are entrepreneurs, it doesn't seem that millennial are opening small businesses, reports Forbes. They instead seem happy to be gig workers (such as driving for Uber or renting their apartment out on AirBnB).
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Small Business Stops Health Insurance
According to the Chicago Tribune, small businesses discontinuing health insurance benefits for employees. A Kaiser Family Foundation survey found that only 50 percent of companies with three to 49 employees offered coverage this year.
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Small Business Owners Shirk Record Keeping Duties
Small business owners may be unaware of some employee recordkeeping requirements, reports Small Business Trends. For example, employers must keep I-9 verification forms for three years from date of hire or 1 year from date of termination, whichever comes later.
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Small Businesses Go Self Funded
According to Forbes, in an effort to keep health insurance costs down many small business are turning to self fund insurance plans.
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Insurance Against a Data Breach
Small businesses should consider adding Data Breach Insurance to their insurance package, reports Small Business Trends. With cybercrime on the rise there is a likelihood your businesses will suffer a breach.
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Google Reimburses for Fake Traffic
Google will issue refunds to companies that had ads run on websites with fake traffic, reports the Wall Street Journal. Google will reimburse the “platform fee”, which is about 7% to 10% of the total purchase price of the ads.
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Making Employees Feel Appreciated
According to Small Business Trends, one way to retain employees is to show your appreciation for them. There are several ways to do this including doing fun things like hosting an ice cream social or having a longer lunch break.
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Houston Small Businesses Struggle to Recover
A majority of Houston businesses devastated by Hurricane Harvey are small businesses, reports Business Insider. About 99% of Houston business are small businesses, unfortunately they don’t have the same resources available as the larger companies when it comes to disaster recovery.
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Email Still Preferred Communication Method
According to Small Business Trends, a new Adobe Campaign survey finds that 61% of consumers prefer to receive long form email promotions from businesses.
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Complete mPOS Solution for Retailers
ENS, a premier provider of technology mounting solutions announces the release of Verge 355z that pairs the Verifone e355 with Zebra TC51/56 providing retailers a complete mobile point of sale system.
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