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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Survey Finds Digital B2B Payments are On the Rise Among Small Businesses
It should come as no surprise that the COVID-19 pandemic has altered the way that many small businesses operate. From enhanced safety and cleaning measures to building out other sales mediums, businesses have been forced to quickly adapt to the changing landscape. It seems that this is also true when it comes to business to…
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SBA Lowers Interest Rates for 504 Loan Program
Small business owners looking to undergo major projects may now be able to borrow funds at a better rate. Last week, the U.S. Small Business Administration announced updated interest rates for their 504 loan program as offered by Certified Development Companies (CDCs). Now 20-year loans will carry a 2.214% rate while the 25-year option has…
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American Express Reportedly Pursuing Kabbage Acquisition
It looks as though American Express could soon be expanding its small business portfolio by purchasing a top FinTech lender. According to a report from Bloomberg, Amex is in “advanced talks” to buy small business lender Kabbage. Currently it is expected that the price tag on the deal could reach $850 million and would be…
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#MyMoneyStaysLocal Campaign Debuts, Reminding Consumers to Support Small Businesses
With the coronavirus pandemic still heavily impacting American life, small businesses across the nation continue to be among the hardest hit. Not only have closures hurt local businesses but so have shifting consumer habits. For example, rises in online shopping and delivery services have increased as a result of the crisis. While these activities can…
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New York Legislature Passes Small Business Truth in Lending Act
For years now, online lending options have made it easier for small business owners to obtain loans, allowing them to access capital much more quickly than in the past. Unfortunately, not all of the lenders were transparent and upfront about their fees and interest rates. In turn, some desperate owners may have accidentally taken out…
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Facebook Survey Highlights Small Business Challenges, Adaptations
It’s no secret that the past few months have been incredibly challenging for many small businesses. Because of this, there has been a slew of recent surveys seeking to quantify the impacts that the pandemic has had on entrepreneurs. The latest of such reports comes from Facebook, which surveyed small business leaders in more than…
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Hulu Beta Testing Ad Manager for Small Businesses
As new technologies have emerged over the years, small business owners have continued to adapt in order to make the most of these platforms. Perhaps most notably, the past decade has ushered in an age of social media that’s transformed the way businesses reach their customers. Meanwhile, linear television networks that typically carry local commercials…
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Small Business Optimism Ticks Up But Threats Still Loom
The past few months have certainly been challenging for a number of the country’s small businesses. Between mandated closures, necessary adjustments and investments required for reopening, and on-going health concerns, business owners have been hit on multiple fronts. Nevertheless it seems as though some are starting to see some hope. According to a recently-released survey…
