Category: Small Business News

Small Business News

Uber Eats Supporting Local Restaurants with Waived Delivery Fee, More

by Fioney StaffMar 17, 2020

In the past week, the situation surrounding COVID-19 has severely escalated in the United States. Not only have government advisories suggested that citizens refrain from forming groups larger than 10 — making dining out all but impossible — but other cities and states have ordered restaurants to close, excluding take-out and delivery service. As these developments threaten to hurt thousands of small businesses across the nation, Uber Eats has announced...

Small Business News

Majority of Small Business Owners Expecting Tax Refunds

by Fioney StaffMar 11, 2020

While it's good news that more than half of business owners are looking forward to getting tax refunds, this survey once again showcases just how critical cash flow is for small businesses.

Small Business News

Kabbage Introduces Kabbage Insights For Small Business Owners

by Fioney StaffMar 9, 2020

For small business owners, cash flow is critical. That's largely why online lending platforms catering to small businesses have grown, offering entrepreneurs speedy access to crucial funding. Among these increasingly-popular lenders is Kabbage, with a customer base of more than 220,000. This past week the company introduced a new tool dubbed Kabbage Insights to assist those business owners in keeping on top their finances. With Kabbage Insights, business owners will...

Small Business News

Small Business Lending Platform Lendio Raised $55 Million

by Fioney StaffFeb 28, 2020

Considering how imperative working capital is for small businesses, it's no wonder that the market for business loans has expanded in recent years. Of course, with an increase in options comes the need for entrepreneurs to cut through the noise and go straight to their best bets. That's what the lending platform Lendio boasts — and it's set to get a big boost after closing a sizeable funding effort. This...

Small Business News

Survey Finds a Surprising Number of Small Businesses Don't Have Their Own Website

by Fioney StaffFeb 27, 2020

When most people think of small businesses, they likely imagine local mom and pop shops along main street that mainly just serve their fellow residents. However, thanks to the internet, even the smallest of small businesses can serve the national or global customer base. Plus, even if you're not selling directly on your website, having a web presence can help new customers discover you or allow current customers to stay...

Small Business News

Sales of Small Businesses Dip 5% in 2019

by Fioney StaffFeb 14, 2020

It seems that fewer small businesses changed hands last year than in 2018. According to data from brokers reporting to the business listing site BizBuySell, 9,746 businesses were bought and sold in 2019 compared to 10,312 the year prior. That marks a year over year decrease of 5.5%, snapping a three-year streak of rising numbers. However it's worth remembering that 2018 saw a record number of transactions, leaving 2019 at a still-historic...

Small Business News

Amazon and Goldman Sachs Reportedly Partnering for Small Business Loans

by Fioney StaffFeb 12, 2020

For any small business to be successful, it needs one thing: capital. While different types of businesses require varying amounts of upfront investment, there are plenty of cases where entrepreneurs need the assistance of small business loans in order get their operations off the ground or take them to the next level. This is especially true of businesses that utilize online platforms such as Amazon where they'll need to invest...

Small Business News

OnDeck Survey Ranks Business Owners' Preferred Presidental Candidates

by Fioney StaffFeb 4, 2020

Last night the lead up to 2020 presidential election officially got underway as the Iowa caucuses saw the first votes being cast for the candidates. However, as of this writing, the results of the evening have yet to be released following some apparent snafus. In the meantime a recent national survey by online lender OnDeck asked small business owners who they preferred in the presidential race. The latest survey (conducted...