A shop holds a sidewalk sale on Feb. 10, 2023, in Providence, R.I. Federal grants can be a huge boost for small businesses. And some federal agencies do better at giving grants to small businesses than others. The Small Business Administration released its annual scorecard measuring how well federal agencies meet their small business contracting … Read more
The .gov means it’s official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site. The site is secure. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. WASHINGTON – The … Read more
The past few years have certainly thrown quite a few challenges at small businesses, with many reimagining and reinventing their business. While tough economic conditions can certainly impact profits and cash flow, many of the most successful businesses lean-in, embrace change and adapt to market conditions to strengthen their business for the future. If your … Read more
Analysis of more than 60,000 companies across the U.S. found that the Silicon Valley hub is the top city for small business; San Francisco in second place. Newcomers include Colorado Springs, CO; Greater Bridgeport, CT; Salt Lake City, UT; Oxnard, CA; Minneapolis, MN; Port St. Lucie, FL; Hartford, CT; and Phoenix, AZ. NEW YORK, May … Read more
As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain their footing. The PYMNTS Intelligence report “Main Street Businesses Are Outperforming the US Economy” examined the state of the small businesses that populate U.S. Main Streets. The Main Street Index looked at growth in … Read more
It seems nearly every startup or enterprise company is rushing to implement generative AI, but what about those somewhere in the middle? If you run a small or medium business (SMB), you might be envious of the funding and headcount other companies have for AI initiatives. But to compete in this new era of business, … Read more
It is definitely not party time at Aimbrell Shanks’ Santa Clara rental company, PartyTime Machines. As at a great many Bay Area small businesses, inflation is not only driving expenses up, it is shrinking her market as consumers cut spending to cope with their own rising household costs.“I am not optimistic,” said Shanks, who in 2015 … Read more
“And who is the most familiar with our revenue-sharing scheme? The several dozen frontline workers on the investment team that Micro Connect has nurtured and cultivated over the past few years,” wrote the co-founders. The email was first reported by 36Kr, a Chinese online news outlet. Micro Connect confirmed the accuracy of the internal email … Read more
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WASHINGTON, D.C. (May 14, 2024) – NFIB’s Small Business Optimism Index rose by 1.2 points in April to 89.7, marking the first increase of this year but the 28th consecutive month below the 50-year average of 98. Twenty-two percent of owners reported that inflation was their single most important problem in their business, down three … Read more