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Author Archives: BetterSMB

3 Tips to Manage Small Business Cash Flow

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Cash flow is critical to the success of a small business. Even more than profitability, cash flow is important because it allows a company to buy inventory, keep the lights on, and their employees paid. While small businesses continue to ...

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S.B.A. Overpaid $4.5 Billion on ‘Illogical’ Small Business Grant Claims

An emergency relief program hastily rolled out in the early days of the pandemic had such poor fraud protections that it improperly doled out nearly $4.5 billion to self-employed people who said they had additional workers — even those who ...

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NFTs Can Kickstart Your Small Business

NFTs seem to be everywhere. Whether it’s the NFL, rapper Snoop Dogg, Burger King, Shakira, or even the “side eyed Chloe” meme, it seems you can’t swing a dead CryptoKitty without hitting someone jumping on the NFT bandwagon. Here’s the thing, NFTs aren’t just for celebrities and billion ...

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Five Ways to Make Filing Your Small-Business Taxes Less Painful

If you’re among the millions of small-business owners who delayed filing their 2020 U.S. taxes to Oct. 15, (you know who you are!), that extended deadline is just around the corner. Even worse, think about this sobering fact: Your 2021 taxes are ...

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Small Business Owners Reconsider Facebook Dependence After Massive Outage

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During the six hours Facebook was offline last week, small-business owner J.D. Holland frantically printed 250 flyers to post around Burnsville, Mississippi, and considered buying an ad in the town’s two-page newspaper to keep business flowing at his farm store and nutrition ...

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Study: 52% of Small and Medium Businesses Say They Weren’t Impacted by COVID-19 But Only 25% Feel in Control

52% of 1,385 small business owners across the U.S. and Canada say they were not impacted by COVID according to a study released today by Cargo and their research partner Phase 5. However, the study, which focuses on trends regarding technology devices ...

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How Small Businesses Can Offer Benefits Employees Love

The pandemic-linked Great Resignation has been marked by millions of employees either opting out of the workforce or fleeing to other employers. However, many small businesses can seize an opportunity in this challenging landscape.  Gallup estimates that nearly half of all workers are at ...

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Small Business HUBZone Amendment Included in National Defense Authorization Act

Washington, D.C. – Congresswoman Uifa’atali Amata welcomed House passage of her amendment Thursday placing her small business bill, the Parity for HUBZone Appeals Act, H.R. 8229, within the larger National Defense Authorization Act (NDAA), H.R. 4350. The House passed her amendment ...

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Why Small to Mid-sized Businesses Are Perfect Targets for Hackers

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There are many challenges to running a business that owners must face including the countless tasks, roles and responsibilities that keep a business running smoothly. Higher on the list of concerns for business owners is cybersecurity that can put many businesses at risk. If a breach takes place and a hacker gains access to a business’s network, a great deal ...

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Sheryl Sandberg Says Small Businesses Online Revolution Will Continue

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Facebook Inc. Chief Operating Officer Sheryl Sandberg said small businesses will keep choosing the internet to reach their customers even after the pandemic subsides and brick-and-mortar advertising options become more useful. “That digital transformation will continue to happen,” Sandberg said ...

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SBA Enhances COVID Economic Injury Disaster Loan Program

WASHINGTON – Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster relief loan designed to better serve and support our small business communities still reeling from the pandemic, ...

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Dealing With Employee Fraud in the Hybrid Workplace

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The year 2020 was certainly a scramble for many businesses when the pivot to remote work seemed to happen virtually overnight. Thankfully, this quickly enabled companies to keep their operations going, and many discovered the added benefit of more productive ...

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Half of U.S. Small Businesses Have Unfilled Positions

A record share of U.S. small-business owners said they had vacant positions in August, and an unprecedented number boosted wages to lure workers, the National Federation of Independent Business said Thursday. Fifty percent of firms had job openings they could ...

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House Panel Approves $25 Billion in Small-Business Aid

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The U.S. Congress ramped up its work on President Joe Biden’s economic agenda on Thursday with House committee votes on core pieces of a planned $3.5 trillion tax-and-social-spending budget bill. The key House Ways and Means Committee is at the ...

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