Small Business Tips and Advice

Category: Small Business

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Amazon Highlights Small Businesses Ahead of Prime Day 2021

On June 21st and 22nd, e-retail giant Amazon will celebrate its annual Prime Day — its Black Friday-esque sales event. Ahead of those dates, the site is incentivizing support for small businesses. This includes allowing shoppers to earn a credit for shopping small, rewarding Amazon credit cardholders with additional discounts, and more. Now through June 20th, customers who make purchases from select U.S.-based small businesses will earn a $10 credit...
US Map of States Revenue Loss from COVID

QuickBooks Data Highlights COVID's Financial Impact on Small Businesses

At long last, it seems as though the United States is slowly putting the pandemic behind it as vaccination rates increase and mandates are rolled back. As that happens, however, many small businesses are continuing to pick up the pieces from what's been a rough year for many. On that note, a recent report from Intuit QuickBooks shows just how much small businesses were hurt financially at the start of...
Ben's Chilli Bowl entrance

"Backing Historic Small Restaurants" Grant Program Awards $1 Million to Small Businesses

During the pandemic, numerous small businesses closed their doors permanently. Sadly, this included several long-time institutions, many of which had previously operated for multiple decades. Thus, in a bid to help ensure that some iconic small restaurants are able to weather the storm, more than $1 million in grant money is being given to those special spots.  Recently, American Express and the National Trust for Historic Preservation announced 25 recipients of...
Open Shop

Small Business Survey Finds 37% Considering Expansion in 2021

More than a year after the pandemic first gripped the United States, small business owners are apparently feeling optimistic once again. TD Bank recently released the results of their 2021 Small Business Survey. The survey — which included participation from 750 small businesses with less than $5 million in annual revenue — found that many businesses are now "doing better than expected" as vaccination rates rise and the pandemic (hopefully) recedes. In...
Brex services

Brex Announces Small Business "All-In-One Financial Solution" While Raising $425 Million

This morning, the FinTech Brex came out with not one but two big announcements. In addition to boasting its latest funding mega-round, the company also revealed its Brex Premium platform for small businesses. Brex Premium bills itself as an "all-in-one-finance solution" for businesses featuring support for credit cards and business cash accounts alongside bill pay and spend management tools. With the service, Brex customers will be able to issue corporate...
Fiverr Project Hiring Survey

Fiverr's Small Business Needs Index Highlights Trends in Pandemic-Era Project Hiring

When most people think about what it means to be a small business owner, they might assume that they like to do everything themselves. However, while this may be true of some, others prefer to hire experts to help them in areas where they struggle or could otherwise use some assistance. That's where platforms such as UpWork and Fiverr come in, as they allow business owners to find people willing...
Is it a good time to start a busines graph

Small Business Startup Sentiment Index Reaches 52-Week High

With many small businesses being greatly impacted over the past year, is it possible that would-be business owners could be turned off to the idea? A new survey suggests that this may not be the case as optimism among potential small business buyers continues to climb higher. Each month, FranchiseInsights compiles the Small Business Startup Sentiment Index based on responses from aspiring and current business owners. The latest survey (which...
adding money to a piggy bank

Survey: 62% of Small Businesses Retain In-House Accounting

For many entrepreneurs, one of the most daunting tasks of running a business is maintaining financial records and other accounting needs. Because of this, it's common for business owners to outsource these needs. However, a new survey shows that a somewhat surprising number of smaller businesses utilize an in-house accounting team. According to a survey from Clutch (conducted between 2018 and 2021), 62% of small businesses rely on in-house accounting...
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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...
Brim logo

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...
Chase Freedom Flex card

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...