Category: Small Business
Looking to grow your small business? We provide tips and advice on starting and growing a small business.
Small Business
Small Business
Survey: Majority of Small Businesses Expecting Recession in 2023
With the new year underway, a new survey highlights the economic outlooks held by small and medium-sized businesses. According to JPMorgan Chase’s 2023 Business Leaders Outlook survey, 61% of small business respondents (defined as businesses with annual revenues between $100,000 and $20 million) stated that they expect a recession to hit this year. Similarly, 65% of mid-sized businesses — those with annual revenues between $20 million and $500 million — said...
Small Business
Small Business Payment Automation Tool Plooto Raises $20 Million
A FinTech that helps small businesses manage their payments just collected some cash of its own. This week, Toronto-based Plooto announced it has raised $20 million USD — or $27 million CAD. The Series B was led by Centana Growth Partners, while returning investors FINTOP Capital and Luge Capital also participated. Previously, the company closed an $8 million CAD ($6.34 million USD) Series A early last year. According to Plooto,...
Small Business
Amex Launches Digital B2B Payments Platform Business Link
For consumers, these days, there's no shortage of peer-to-peer apps they can use to move money, with some popular examples including Cash App, Venmo, and Zelle. As for businesses, the list of options for sending money to vendors may be more limited. Now, a well-known credit card company and small business supporter is introducing a new platform for this purpose. This week, American Express announced the launch of Amex Business...
Small Business
Small Business Saturday 2022 Drives Projected $17.9 Billion in Sales
This past weekend saw the kick-off to the holiday shopping season with Black Friday followed by Small Business Saturday. Now in its 13th year, the latter is a promotion meant to raise awareness for small local businesses and encourage consumers to support them. Now, the initial figures from this year's event have arrived. According to American Express (which actually invented the retail holiday in 2010), an estimated $17.9 billion were...
Small Business
Square and Amex Partnering for Small Business Seller Credit Card
Two major companies known for their efforts in assisting with the needs of small businesses will be teaming up for a new product. This week, Square and American Express announced plans to launch a credit card that's specifically built for Square sellers. At this time, details about the card — including the benefits it will offer — have not yet been announced but are expected to be revealed next year....
Small Business
American Express Teams with TikTok for #ShopSmall Accelerator
With the 2022 edition of Small Business Saturday just weeks away (taking place on November 26th this year), American Express is looking to help businesses find new ways to reach customers. As part of this effort, the company has announced a partnership with the popular, youth-skewing app TikTok. Together, the two brands have created the #ShopSmall Accelerator. Through this program, the two companies are looking to assist small businesses in reaching...
Small Business
