Small Business News Archives - Page 21 of 28

Category: Small Business News

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Survey Shows Small Businesses Expect Strong Economic Growth in 2020

In 2019 we saw small business optimism reach record levels and remain at historic highs. This was not only influenced by economic strength but also by the direct increase in sales many business owners were enjoying. Now a new survey from Balboa Capital suggests that the majority of small businesses are expecting the good times to keep rolling in 2020. First and foremost Balboa's survey revealed once again that 2019...
United Business MileagePlus Visa card

Chase and United Debut New Business Credit Card

Small business owners who travel often or want to save up miles for their next vacation will now have a new credit card option for accruing rewards. Today Chase and United unveiled the United Business Card, which will replace the previous United Explorer Business Card. According to a press release for the new offering, the United Business Card is "designed to help business travelers maximize their miles." As part of...

GoDaddy Unveils New Logo to Empower "The Everyday Entrepreneur"

To compete as a small business in the 21st century, there's no question that you'll need an effective website. For many, GoDaddy.com has been a starting point for this journey. With more than 19 million customers and 77 million domains under its registration, Arizona-based GoDaddy has become one of the most well-known website tools thanks to a combination of affordable registration, quirky ads, and more. Now the brand is looking...
Square transaction receipt

Square Instating 1.5% Fee for Instant Transfers

Over the past several years, FinTech Square has become ubiquitous at small businesses across the nation. In addition to its clever mobile credit card readers, the company has continued to expand its offerings to make it easier for business owners to accept payments. However Square has revealed a change to one of their products that might not be so welcome to entrepreneurs who enjoy getting their money fast. This week...
chart of weekly wages

Paychex Report Shows Weekly Earnings Growth at Record High

Throughout the year the big story in the world of small businesses has been the competitive hiring field. With the United States' unemployment rate remaining at historic lows, many businesses have reported being unable to fill open positions and, in turn, increased their wages in a bid to attract top talent. Sure enough a new report from the payroll company Paychex shows continued wage growth for small business employees as...
Huckleberry - Insurance simplified

Small Business Insurance Platform Huckleberry Announces $18 Million Funding Round

In recent years the insurance marketplace has started to evolve. Besides car insurance companies focusing on online policy applications, Lemonade and other startups have made less-popular but still important types of insurance such as renter's insurance more accessible. Yet, when it comes to various types of small business insurance, it seemed as though the old guard was still leading the way. Given this dilemma, Bryan O’Connell and Steve Au founded...
paper money

Majority of Small Business Owners Say the Minimum Wage isn't a Living Wage

As the 2020 presidential election draws nearer, the subject of a "living wage" has again proven a hot topic — especially among Democratic primary candidates. Meanwhile, in recent years, a number of cities have passed their own initiatives to hike the minimum wage to $15 an hour or more. Throughout discussions of such moves, there's been a focus on small businesses that some argue would be hardest hit by increasing...
shop small

2019 Small Business Saturday Spending Reaches New Record

After weeks of anticipation, this past weekend, the big day finally arrived: Small Business Saturday. What's more, early numbers suggest this year's event was a hit. According to the 2019 Small Business Saturday Consumer Insights Survey — released by American Express and the National Federation of Independent Business — Americans spent $19.6 billion at independent retailers on Saturday, November 30th. This marks a new record for Small Business Saturday, which celebrated its...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...