Category: Small Business News
Small Business News
Small Business Saturday Sees Record $23.3 Billion in Sales
by Fioney Staff
This past weekend, the holiday shopping season officially kicked off with Black Friday (although several retailers moved up their sales events in some capacity this year). Of course, following the big Friday event, Saturday marked the 12th annual Small Business Saturday, which was founded by American Express to promote small businesses and encourage consumers to Shop Small. It looks as though that message has continued to spread as this year's... Small Business News
J.D. Power Reports Small Business Credit Card Satisfaction Surge
by Fioney Staff
As small businesses continue to recover from the pandemic, it seems as though other aspects of their financial lives are normalizing as well. For example, a new survey finds that business owners are happier with their reward credit cards compared to last year. In fact, the J.D. Power 2021 U.S. Small Business Credit Card Satisfaction Study — which included participation from more than 3,000 small business credit card customers between... Small Business News
American Express Announces 2021 Small Business Saturday Campaign
by Fioney Staff
With the 12th annual Small Business Saturday just around the corner, American Express has announced details about its 2021 campaign. This year's Small Business Saturday will be observed on November 27th. Ahead of that date, Amex is rolling out a new marketing campaign, Google Shopping collaboration, an online marketplace for Black-owned businesses, and more. First, American Express has launched a nationwide marketing campaign. This includes once again offering free downloadable... Small Business News
Wage Growth Among Small Businesses Hit Record High October
by Fioney Staff
Slowly but surely, the United States is adding back jobs that were lost at the start of the pandemic. At the same time, several businesses have reported being unable to fill open positions, leading some to increase compensation. Now, the latest Paychex IHS Markit Small Business Employment Watch figures show that wage growth is continuing to accelerate. According to the report, hourly earnings hit an average of $29.77. That marks... Small Business News
American Express Launches Business Checking Account, Debit Card
by Fioney Staff
After years of proving to be a small business ally, American Express has announced a new offering for business owners. This week, Amex introduced its Business Checking account aimed at small and mid-sized businesses. While the offering will connect with existing Amex Business Credit Cards, it will also include a Business Debit Card — the first ever issued by American Express in the United States. In terms of benefits, the... Small Business News
American Express Revamps Platinum Business Card, Hikes Annual Fee
by Fioney Staff
Earlier this year, American Express updated its iconic Platinum Card, adding new benefits while also increasing the annual fee. Now, it's the Business version of the card's turn for a refresh. Recently, Amex announced a new slate of perks for Business Platinum, including new rewards categories, credits, and more. The first update to the Business Platinum comes to its Membership Rewards earning potential. In addition to earning 1.5x points on... Small Business News
DoorDash, Hello Alice Introduce Restaurant Disaster Relief Fund
by Fioney Staff
Over the past year, independent restaurants have not only had to endure the effects of the pandemic but some have also experienced losses due to natural disasters. From wildfires in California to flooding in Louisiana, several small businesses have continued to be challenged by Mother Nature. In response, DoorDash and Hello Alice have introduced the Restaurant Disaster Relief Fund. According to Federal Emergency Management Agency (FEMA) data, 40% of small...