Category: Small Business News
Small Business News
American Express Commits $2.5 Million to "100 for 100" Program for Black Women Entrepreneurs
by Fioney Staff
Continuing their commitment to supporting small businesses, this week American Express announced the 100 Black women entrepreneurs that have been selected to participate in the "100 for 100" program. Not only will the chosen women receive $25,000 in grants will also be able to utilize 100 days of business resources. These resources include business education, mentorship, and more. The 100 for 100 program was launched in partnership with IFundWomen of Color,... Small Business News
Three-Quarters of Americans Plan to Shop Local This Holiday Season
by Fioney Staff
Good news for small businesses: consumers are ready to shop small this season. A new survey conducted by Harris Poll on behalf of Mastercard found that 77% of Americans intend on shopping at local retailers for their holiday gifts. What’s more, 75% report that they’re being more conscious about where their shopping this season, prioritizing minority-owned and women-owned businesses. Additionally, more than half of those surveyed suggest they’d rather receive... Small Business News
Survey Finds Small Businesses Increased Investment During Pandemic
by Fioney Staff
Despite the financial challenges that the past several months have brought for small businesses, it seems that many owners actually increased their spending according to a report by Regions Bank. For their survey, Regions spoke with more than 500 entrepreneurs. In each case, they owned businesses with 100 or fewer employees. What they found was that a number of businesses — either by choice or by necessity — have recently... Small Business News
BlueVine Business Banking Expands Roll Out Following Beta
by Fioney Staff
Just as FinTech banking options have changed the personal finance landscape in recent years, FinTech startups have also had an impact on small business finance. This is perhaps most evident in the lending space where companies such as OnDeck and Kabbage have made it easier for entrepreneurs to obtain capital quickly. Now another online small business lender is expanding its reach by rolling out business checking features. After launching in... Small Business News
JPMorgan Chase Introduces New Card Readers for Small Businesses
by Fioney Staff
It seems as though one big bank is looking to appeal to small business owners, introducing a new set of banking and payment solutions. This week, JPMorgan Chase announced the debut of its Business Complete Banking offering, which includes QuickAccept — a new mobile card reader tool that will allow businesses to accept credit cards and contactless payments. While the account will carry a $15 a month service fee by... Small Business News
American Express Announces Virtual "Summit for Success" Event for Small Businesses
by Fioney Staff
American Express has announced that the 2020 edition of the Business Class LIVE: Summit for Success will take place on Tuesday, October 20th. While the Summit is typically held in person, this year's event will take place in a virtual campus from 9 a.m. to 5 p.m. EDT. This digital space will host seminars throughout the day, as well as give small business owners the opportunity to network. Not only... Small Business News
Survey Finds Majority of Business Owners Feel Prepared for Another COVID-19 Wave
by Fioney Staff
With autumn approaching, fears that the current coronavirus pandemic will worsen continue to grow. However, armed with more experience and some enhanced technologies, small business owners are feeling better about handling things this time around. According to a survey from Comcast Business, 78% of small business owners say their businesses are prepared to handle an increase in COVID-19 cases. Leading this confidence were changes businesses made to the way they...