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Which Small Businesses Recovered Best After Getting a PPP Loan?

A new report by Biz2Credit reveals that among small businesses who took Paycheck Protection Program (PPP) loans those in finance and retail had done well in recovering from the effects of the pandemic. According to Biz2Credit Recovery Ranking for 2021 report businesses engaged in ...

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Producer Prices Climb — and Small-Business Optimism Sinks

With spiraling prices weighing on Main Street, more mom-and-pop businesses are making the difficult decision to pass their cost increases along to customers, even as they fret that customers will defect to big retail chains where they can find lower ...

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Signs You’re Ready to Expand Your Business

There comes a time in every company’s life when they must expand and take on additional challenges in order to continue growing. While it can be scary, expanding your business can open up new opportunities and help you generate more ...

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Starting a Business with Your 401(k)? Be Careful

From the second half of 2020 through May 2021, the Census Bureau tracked the highest number of applications to form businesses since the records started being kept in 2004, a recent report from the National Bureau of Economic Research found. ...

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Small Business Hiring Trends Upward in October

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.07% in October, which is a significant jump from the mildly positive report in September. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have ...

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Small Businesses Can Boost Their Cash Flow Heading into Year-end

If “location, location, location” are the first three rules of real estate, the first three rules of small business money management are “cash, cash, cash.” And if managing cash flow is important any time of year, it’s even more challenging ...

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In the Supply Chain Battle, Small Businesses Are Losing Out to Walmart and Amazon

Independent retailers are getting squeezed out as suppliers, factories and freight companies prioritize national brands. In many cases, they’re losing out to giants like Walmart and Amazon, which are spending millions to charter their own ships and planes to move ...

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Dice City Games Endures the Pandemic, Comes Out Ahead After Pivoting Business Model

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In March 2020, with the onset of the COVID-19 pandemic, Dice City Games (https://www.facebook.com/dicecity), a local gaming store in Wheaton, Maryland, was forced to shut down and almost entirely revamp its business model. The store had opened its doors in ...

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Eminent Domain: Can Small Business Owners Beat the Government?

As communities expand, so do eminent domain cases – and the trend is causing big problems for small businesses. Simply put, eminent domain is the right of a government to require the compulsory sale, or in extreme cases expropriation, of ...

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Small Business Grant Opportunities for Women and Minority Entrepreneurs

Women and minority business owners have historically had difficulty accessing capital. So there are now some grant opportunities aimed at addressing that inequality. Some are open to businesses nationwide. And others are focused on specific communities or educational initiatives. Here ...

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Best CRM Software for Small Businesses

Customer relationship management (CRM) software is no longer exclusive to enterprise-level businesses. Over the years, products have evolved to meet the needs of small- and medium-sized businesses, allowing them to increase sales, drive growth and provide exceptional customer experiences. In ...

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How the Biggest Companies Are Helping the Smallest Ones Get Onto Their Shelves

Large companies see the benefits of giving small businesses a helping hand, but sometimes what they offer isn’t what entrepreneurs are looking for. Take a trip to your local Lowe’s or head to the home improvement retailer’s e-commerce site and ...

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5 Tips for Improving Your Small Business Accounting

If there’s one thing that stresses small business owners out, it’s accounting. But the irony is that accounting is actually very simple…when it’s done properly. If you can simplify your approach and develop the right system for your business, accounting ...

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Supply Chain Problems Forcing Small Businesses to Change How They Operate

Semiconductor Shortage Technology News Headlines Microchip Supply Problem 3d Illustration

The supply chain issues the U.S. economy is currently facing are not only affecting consumers during the peak shopping season, but small businesses have also started to feel the effects of these shortages. According to the most recent U.S. Census Small Business Pulse Survey, ...

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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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