Small Business Tips and Advice

Category: Small Business

Looking to grow your small business? We provide tips and advice on starting and growing a small business.

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Gopuff Reveals First “Put Me On” Small Business Accelerator Participants

Business owners in the consumer packaged goods market interested in growing their brand may want to draw their attention to Gopuff's latest news. This week, the delivery platform officially launched its "Put Me On" small business accelerator. Developed in partnership with NBA superstar Chris Paul, the program aims to support entrepreneurs from historically underrepresented groups by partnering them with industry leaders and helping them to grow their businesses. Throughout the...
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PepsiCo Launches Platform Supporting Hispanic-Owned Small Businesses

PepsiCo is doing its part to help small business owners across the United States with its latest efforts. Juntos Crecemos (translating to "Together We Grow") is a $50 million platform specifically aimed at Hispanic-owned restaurants, bodegas, and carnicerías. It's also part of PepsiCo's Racial Equality Journey Hispanic Initiative, which was announced last year. The Juntos Crecemos platform has several components, ranging from info and resources to additional programs. For example, the Hispanic Digital &...
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BankUnited Launches Inaugural Women in Business Challenge

Women-owned businesses that could use an extra $10,000 might be interested to hear about the latest small business challenge. BankUnited's inaugural “Small Business, Big Dreams” content is now accepting entries through September 23rd. However, applicants must be based in either New York or Florida and be at least 51% women-owned. Additionally, the content defines "small businesses" as those with annual revenues of no more than $3,000,000 for the previous two...
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U.S. Bank Set to Acquire Small Business Banking Service Bento

A FinTech and a major financial institution are coming together to offer better solutions to small business owners. This week, U.S. Bank announced plans to acquire the San Fransisco-based Bento Technologies — better known as Bento for Business. The purchase terms of the deal were not disclosed but the transaction is expected to close next month. Previously, Bento had raised a total of $18.5 million, with the most recent round...
Paychex | IHS Markit Small Business Employment Watch

Paychex Small Business Jobs Index Jumps in July

On the heels of news that the United States economy grew 6.5% last quarter, the latest Paychex | IHS Markit Small Business Employment Watch report found a sharp increase in small business job growth as well as a significant bump in hourly wages these businesses pay. In July, the Small Business Jobs Index increased by 0.85 points to reach 99.36. This actually marked the second largest single-month jump since 2010....
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Square Launches Square Banking Suite for Small Business Owners

Over the past few years, Square has expanded from being a small business point of sale solution to offering a variety of financial services to consumers and business owners alike. Now, the company is furthering those efforts by once again focusing on the needs of small business owners. Following the debut of Square Financial Services — Square's industrial bank — in March, the FinTech recently rolled out Square Banking. Square...
MasterCard Home Team Advantage Contest

Mastercard and MLB Announce Home Team Advantage Small Business Contest

Just in time for the annual All Star Game, this week, Mastercard and Major League Baseball announced that they were extending their long-held partnership. More importantly, the two entities also revealed that they're teaming up for the Home Team Advantage Small Business Contest. This edition of the contest is open to business owners in three baseball cities: Los Angeles, Boston, and Atlanta. One grand prize winner from each of these three...
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FICO Announces "Score A Better Future" Virtual Event for Small Businesses

In recent years, FICO has hosted a number of public events intended to help consumers better understand their credit. Dubbed "Score a Better Future," past sessions have taken place in locations across the country. Now, FICO is partnering with the Small Business Roundtable, the National Association of Women Business Owners, and the United States Hispanic Chamber of Commerce to present a special Score A Better Future | Small Business virtual...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
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Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
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Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...