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News

Small Businesses Believe Automation Will Help

Instead of fearing automation and artificial intelligence, small businesses see it as a way for them to grow their business, reports Yahoo Finance.

A new study from web hosting company GoDaddy has found that despite general fears of the impact of automation and artificial intelligence (AI) on companies, small-business owners and entrepreneurs are “optimistic about business growth, the power of technology, and their contributions to local communities.”

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Small Employers Get 401k Access

According to CNBC, employees at small firms will soon be able to have access to 401k plans. 

If you work at a small business and don’t have access to a 401(k) savings plan, that could soon change.

The Labor Department on Monday released a final rule that’s intended to make it easier for the nation’s smaller firms to band together to offer 401(k) plans to their workers.

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Making Small Business Reorganization Easier

With the House passing the Small Business Reorganization Act 2019 small businesses will soon be able to use bankruptcy to reorganize their businesses, reports ACA International. 

The U.S. House of Representatives recently passed the Small Business Reorganization Act of 2019 (H.R. 3311 ), allowing small businesses to employ the tools of Chapter 11 to successfully reorganize.

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