Category: Small Business
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Small Business
WalletHub Ranks the Best Small Cities to Start a Small Business
by Fioney Staff
We've all seen various annual lists looking at the top cities to start a small business (we've definitely discussed them here as well). However these studies often look at major markets and metro areas — so what about some of America's hidden gems? That's why the personal finance site WalletHub has just released a new report highlighting the top small cities to start a business in 2019. To create their... Small Business
More Small Business Owners Turning to Online Lenders
by Fioney Staff
When businesses are in need of a loan, where do they turn? Previously many may have said their local bank or another major institution. Although that's still often the case, the number of entrepreneurs looking to online lenders for funding continues to grow. A new study by Federal Reserve Banks found that the percentage of small business owners applying to online lenders is on the rise. Of those surveyed, 32%... Small Business
Bank of America Makes Changes to Small Business Rewards Card
by Fioney Staff
For many entrepreneurs, using small business rewards credit cards can not only help them separate business expenses from personal but can also allow them to earn cash back. Because of this there are now several card companies courting business owners in different ways. This week Bank of America announced a revamped cash back structure for its Business Advantage Cash Rewards Mastercard. However, as NerdWallet notes, these changes come with a... Small Business
Jovita Carranza Expected to Replace Linda McMahon at SBA
by Fioney Staff
Changes are afoot at the Small Business Administration (SBA). Following news that SBA Administrator Linda McMahon intended to step down from her post, President Trump has announced that he intends to nominate Jovita Carranza to take on the position. Not surprisingly, said announcement came in the form of the tweet, with @RealDonaldTrump writing, "I am pleased to announce that Jovita Carranza will be nominated as the new @SBAgov Administrator. She... Small Business
Majority of Small Business Owners Have Skipped Paying Themselves
by Fioney Staff
One of the most challenging aspects of running a small business is managing cash flow and ensuring that you have enough working capital to operate. Not only can this be stressful but can also occupy a lot of time that entrepreneurs could be using to further other goals. Moreover a new report shows that many entrepreneurs will go to great lengths to assist their cash flow. A recent study by... Small Business
Become a Successful Solopreneur With These Essential Tools
by Fioney Staff
Has there ever been a better time to be an entrepreneur? Between the strong economy, a growing number of sales outlets, and “side hustle” culture abounding, it’s really no wonder that small business optimism reached record levels last year. Speaking of side hustles, a recent development is the the rise of the “solopreneur” who are running businesses in their spare time before potentially turning them into full-time operations. Of course,... Small Business
Survey Shows Small Business Owners May Be Naive About Fraud Risks
by Fioney Staff
Technological advances have long been a boon to entrepreneurs, allowing them to run their businesses more effectively than ever before. At the same time these technologies can also be exploited by fraudsters to harm costumers and businesses alike. What’s more it seems that many entrepreneurs do not believe they are susceptible to such scams because of their business’s small size. According to a new survey from Emailage (reported on by...