Category: Small Business
Looking to grow your small business? We provide tips and advice on starting and growing a small business.
Small Business
Record Number of Small Businesses Bought and Sold in 2018
by Fioney Staff
Not only did 2018 prove to be a rather good year to be a small business owner but it also turned out to be a historic year to sell a small business. According to the business resale site BizBuySell, 2018 saw a record number of small businesses changing hands. Moreover this marked the third year in a row where a new high for business buying and selling was set. BizBuySell... Small Business
Square Introduces Debit Card for Small Business Customers
by Fioney Staff
Square may have built its main brand on offering payment solutions to small business owners but its latest product actually takes a page from one of the company's other ventures. This week the brand unveiled the Square Card — a free Mastercard debit card product for small business owners. While the design of the card including the custom signature element may call to mind Square's Cash Card, there are numerous... Small Business
Ongoing Shut Down Affects $200 Million in SBA Loans Per Day
by Fioney Staff
It's official: the current federal government shutdown now ranks as the longest in history, topping the previous record of 21 days (which occurred during the Clinton administration). So far the shutdown has resulted in furloughs for many "non-essential" federal employees and work without pay for others. As we previously reported, among the agencies affected by the shut down is the Small Business Administration. Now Inc. has run the numbers to determine... Small Business
Study: One-Third of Small Business are Started for Less than $5,000
by Fioney Staff
When it comes to starting a new business, one of the largest and most daunting aspects is raising enough capital. However, while having capital is certainly essential for any small business, a new study finds that it might not take as much upfront money to get off the ground as one might think. According to data from the small business lender Kabbage, one-third of successful businesses are launched for less... Small Business
Small Business Hiring Soars in December
by Fioney Staff
Despite months of reported skilled labor shortages that left many small businesses with job positions they couldn't fill, new numbers from the payroll company ADP show that small business hiring surged in the last month of 2019. As Orlando's WFTV reports, ADP found that its small businesses customers added 89,000 new jobs in December. For comparison the company revised its previously-announced November hiring numbers to 38,000 — less than half of... Small Business
Buying an Existing Business: Is it Right for You?
by Fioney Staff
Let’s take a look at what you need to know about buying an existing business, including how to find business for sale, the pros and cons of this approach, how franchise opportunities differ from acquisitions, and what to consider once you do take the reigns.