Category: Small Business
Looking to grow your small business? We provide tips and advice on starting and growing a small business.
Small Business
Paycheck Protection Program Flexibility Act Adjusts Popular Program
by Fioney Staff
As businesses across the country slowly begin to reopen their doors, those entrepreneurs who took out Paycheck Protection Program (PPP) loans are getting some new updates. For the unfamiliar, the initiative was initially introduced as part of the better known CARES Act and brought $349 billion in loans to small businesses. However, the first round of funding ran out in less than two weeks, leading lawmakers to authorize another $310 billion....
Small Business
Money at 30: Keeper Tax Review
by Kyle Burbank
Being self-employed means playing by a completely different set of tax rules. Of course, the odds of freelancers, gig workers, and others all being well versed in tax law is rather slim. In other words, many of us (myself included) could use some help navigating the world of tax deductions when it comes to our businesses. That's where Keeper Tax comes in. Built for freelancers and the self-employed, Keeper Tax...
Small Business
Are Small Businesses Financially Ready to Reopen?
by Fioney Staff
Following weeks of mandatory shelter-in-place orders that forced the closure of many "non-essential" businesses across the country, phased reopenings have begun in several states and cities. That may sound like great news for small business owners who have been unable to operate for months. However, the financial realities of reopening may complicate the decision whether or not to resume businesses. According to a recent survey conducted by LendingTree, 60% of... Small Business
Survey Finds Two-Thirds of Teens Interested in Entrepreneurship
by Fioney Staff
Could the coronavirus pandemic and the economic hardships that have come with it serve to discourage future business owners? According to a recent survey conducted by Junior Achievement USA and the Brian Hamilton Foundation, maybe not. The latest survey sought to discover what students aged 13 to 17 thought about entrepreneurship. What it found was that 66% of respondents said they were "likely" to consider starting a small business when they...
Small Business
SBA Unveils PPP Loan Forgiveness Application for Borrowers
by Fioney Staff
Ever since the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed in March of this year, the Paycheck Protection Program (PPP) has proven to be a source of both hope and frustration for small business owners. Despite some lenders reportedly delaying the opening of their application processes due to late-arriving guidance, the initial $349 billion in PPP funding was tapped in less than two weeks. Making matters...
Small Business
Instagram Adds New Feature to Support Small Businesses
by Fioney Staff
With social media becoming an even larger source of communication amid the current pandemic, one top app is continuing to introduce new ways for small businesses to reach their customers — and vice versa. As Adweek reports, Instagram recently announced a new feature that will allow customers to highlight their local small businesses. With the aptly named Support Small Business sticker, users will be able to share Stories about their...
Small Business
Survey Reveals What Consumers Look for in a "Go-To" Small Business
by Fioney Staff
With some cities and states beginning to ease restrictions on non-essential businesses, service providers are now hoping that their regulars will soon return. Of course, this begs the question: how do consumers decide which small businesses should become their "go-tos" in the first place? That's what a recent survey by DaySmart Software aimed to find out. For their survey, DaySmart spoke with 2,000 consumers who had visited service-based small businesses...