Small Business News
Running a small business comes with its own unique challenges and opportunities. Our small business news category delivers the latest intelligence to help you stay competitive and informed. Discover trending topics, emerging best practices, policy changes, and success stories from fellow entrepreneurs navigating the small business landscape. Whether you’re launching a startup or growing an established venture, this is your source for the news and insights you need to thrive.
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Small Business Saturday Sales Reach Record $19.8 Billion
On November 28th, Small Business Saturday was celebrated once again. This year’s event was the 11th to occur as the Amex-founded retail holiday celebrated its 10th anniversary. Now, new figures suggest that the 2020 installment of Small Business Saturday was a success, with total sales nearing $20 billion. According to the American Express 2020 Small…
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Uber Announces Completion of Postmates Purchase
It’s official: Postmates is now owned by Uber. This comes after the ride-sharing company announced a $2.65 billion all-stock acquisition of Postmates back in July. The result of the deal closing is one of the largest delivery services in the United States, second only to DoorDash. According to Engadget, Uber intends to keep Uber Eats…
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American Express Commits $2.5 Million to “100 for 100” Program for Black Women Entrepreneurs
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,…
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Three-Quarters of Americans Plan to Shop Local This Holiday Season
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…
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Survey Finds Small Businesses Increased Investment During Pandemic
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…
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BlueVine Business Banking Expands Roll Out Following Beta
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…
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JPMorgan Chase Introduces New Card Readers for Small Businesses
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…
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American Express Announces Virtual “Summit for Success” Event for Small Businesses
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…
