Category: Small Business
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Small Business
Survey: 23% Considering Starting a Small Business in 2024
by Kyle Burbank
Intuit has released its Entrepreneurship in 2024 Report, which features some interesting tidbits. About the findings: Intuit's report was derived from surveying more than 4,500 adults in the United States. Headlining the report is the fact that nearly one-quarter (23%) of respondents stated that they considered starting a business in the new year. Members of Gen Z were the most likely to be mulling the idea, with 28% responding affirmatively.... Small Business
2023 Small Business Credit Card Satisfaction Tops 2019 Highs
by Kyle Burbank
The latest small business credit card study from J.D. Power shows satisfaction continuing to rise. About the study and results: This week, J.D Power released its 2023 U.S. Small Business Credit Card Satisfaction Study, which includes responses from more than 3,400 small business credit card customers. In this case, the study looked at businesses with annual revenues between $10,000 and $10 million. First, it was discovered that overall satisfaction among... Small Business
2023 Small Business Saturday Sees $17 Billion in Spending
by Kyle Burbank
American Express has released results from the 14th annual Small Business Saturday event. About this year's sales: According to initial projections via the Amex 2023 Small Business Saturday Consumer Insights Survey, consumers in the United States spent a total of $17 billion at small businesses on Small Business Saturday. That figure puts it below last year's $17.9 billion total and well off the record $23.3 billion seen in 2021. In... Small Business
Amex Announces Special Offers Ahead of Small Business Saturday
by Kyle Burbank
With the 2023 edition of Small Business Saturday taking place tomorrow (November 25th, 2023), American Express has announced plans for the occasion. About Amex's offerings: American Express is preparing to celebrate the 14th annual Small Business Saturday. As part of that, the company plans to introduce a "Door to Shop Small" augmented reality experience. Customers can currently engage with small business products via the AR experience while physical blue doorframes... Small Business
Zil Money Introduces Credit Card Payroll Payment Feature
by Kyle Burbank
The FinTech Zil Money is introducing a unique way for small businesses to fund their payroll. About the feature: Zil Money has announced the launch of its Payroll by Credit Card feature. As the name implies, this allows businesses to fund their payroll using a business credit card. In turn, business owners can earn rewards while streamlining their payroll. Additionally, this method could help with cash flow. According to Zil,... Small Business
QuickBooks Report Shows 20% Increase in Credit Card Spending
by Kyle Burbank
A new Intuit survey comprised of data from more than 5,000 small businesses in the United States, Canada, and the United Kingdom along with anonymous data from 3.4 million Intuit QuickBooks customers found that business owners are increasingly relying on their credit cards for funding. About the report: According to the 2023 Intuit QuickBooks Small Business Index Annual report, business owners spend an average of 20% more on credit cards... Small Business
Amex Revamps U.S. Business Gold Card, Increases Annual Fee
by Kyle Burbank
American Express has announced some updates to its Business Gold Card in the United States, including new rewards categories and credits as well as an impending hike in the annual fee. About the updates: As it previously has, the Business Gold Card will continue to earn 4x points on the business's top two eligible spending categories each billing cycle (capped at $150,000 in combined purchases per calendar year). However, the...