Category: Small Business News
Small Business News
Small Business Startup Sentiment Index Reaches 52-Week High
by Fioney Staff
With many small businesses being greatly impacted over the past year, is it possible that would-be business owners could be turned off to the idea? A new survey suggests that this may not be the case as optimism among potential small business buyers continues to climb higher. Each month, FranchiseInsights compiles the Small Business Startup Sentiment Index based on responses from aspiring and current business owners. The latest survey (which... Small Business News
Survey: 62% of Small Businesses Retain In-House Accounting
by Fioney Staff
For many entrepreneurs, one of the most daunting tasks of running a business is maintaining financial records and other accounting needs. Because of this, it's common for business owners to outsource these needs. However, a new survey shows that a somewhat surprising number of smaller businesses utilize an in-house accounting team. According to a survey from Clutch (conducted between 2018 and 2021), 62% of small businesses rely on in-house accounting... Small Business News
SCORE Survey Finds Increase in Small Business Tech Budgets for 2021
by Fioney Staff
There's no doubt that the year 2020 changed small businesses in a number of ways. Not only were many businesses impacted directly by temporary closures as well as physical accommodations in their stores but several also found themselves needing to invest in new technologies that would allow them to adjust to the changing landscape. On that note, a new survey from SCORE found that an overwhelming percentage of businesses updated... Small Business News
PNC Survey Finds Several Small Businesses See Hope in Vaccine
by Fioney Staff
As March 2021 begins, it's now been nearly a year since the first wave of COVID-19 infections hit the United States. Yet, on the eve of that anniversary, the distribution of approved vaccines is providing some much-needed hope. Now, the latest survey from Pittsburgh-based bank PNC shows that small business owners across the nation have positive feelings about the rollout and are taking various approaches to encourage their staff to... Small Business News
DoorDash Main Street Strong Accelerator Program for Restaurant Owners
by Fioney Staff
As small businesses, including numerous independent restaurants, continue to struggle several larger companies have stepped up to offer support in the form of grants, programs, and other endeavors. Now, popular food delivery app DoorDash is joining such efforts, announcing the launch of the Main Street Strong Accelerator. Created in partnership with nonprofit small business lender Accion Opportunity Fund, the program aims to create equitable access to opportunities in the restaurant... Small Business News
FedEx Announces Ninth Annual Small Business Grant Contest
by Fioney Staff
As small businesses across the nation continue to be impacted by the pandemic, many are looking for any extra capital they can get. With that in mind, FedEx has just announced the launch of its ninth annual Small Business Grant Contest. The promotion will award a dozen small businesses a total of more than $250,000 in cash and services. This year, one grand-prize winner will be awarded $50,000 along with... Small Business News
Survey Finds 28% of Small Businesses Don't Have Websites
by Fioney Staff
Does your small business currently have a website? If not, you're actually not alone. According to a new survey of 500 small business owners conducted by Top Design Firms, 28% of small businesses do not have a website of their own. However, 44% of those respondents without business sites state they intend to create one sometime this year. Turning to the 71% of businesses that do manage their own websites,...