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.
-
Comerica Bank Commits $1 Million to Create Black Capital Access Program
Given the current state of our country and its small businesses, one bank has revealed its plans to step up and assist one community of entrepreneurs who are among the hardest hit. Last week, Comerica Bank announced that it was partnering with the National Business League to create the Black Capital Access Program (BCAP). The…
-
Online Lender Kabbage Among Largest PPP Loan Processors
For the past couple of months, the biggest story in the world of small business has been the SBA’s Paycheck Protection Program (PPP). This of course includes the program’s successes, failures, and controversies as well as the banks and other lenders who have stepped up to help their clients claim funds. Now one online lender,…
-
Paycheck Protection Program Flexibility Act Adjusts Popular Program
As businesses across the country slowly begin to reopen their doors, those entrepreneurs who took out Paycheck Protection Program (PPP) loans are getting some new updates. For the unfamiliar, the initiative was initially introduced as part of the better known CARES Act and brought $349 billion in loans to small businesses. However, the first round of…
-
Are Small Businesses Financially Ready to Reopen?
Following weeks of mandatory shelter-in-place orders that forced the closure of many “non-essential” businesses across the country, phased reopenings have begun in several states and cities. That may sound like great news for small business owners who have been unable to operate for months. However, the financial realities of reopening may complicate the decision whether…
-
Survey Finds Two-Thirds of Teens Interested in Entrepreneurship
Could the coronavirus pandemic and the economic hardships that have come with it serve to discourage future business owners? According to a recent survey conducted by Junior Achievement USA and the Brian Hamilton Foundation, maybe not. The latest survey sought to discover what students aged 13 to 17 thought about entrepreneurship. What it found was that…
-
SBA Unveils PPP Loan Forgiveness Application for Borrowers
Ever since the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed in March of this year, the Paycheck Protection Program (PPP) has proven to be a source of both hope and frustration for small business owners. Despite some lenders reportedly delaying the opening of their application processes due to late-arriving guidance, the…
-
Instagram Adds New Feature to Support Small Businesses
With social media becoming an even larger source of communication amid the current pandemic, one top app is continuing to introduce new ways for small businesses to reach their customers — and vice versa. As Adweek reports, Instagram recently announced a new feature that will allow customers to highlight their local small businesses. With the…
-
Survey Reveals What Consumers Look for in a “Go-To” Small Business
With some cities and states beginning to ease restrictions on non-essential businesses, service providers are now hoping that their regulars will soon return. Of course, this begs the question: how do consumers decide which small businesses should become their “go-tos” in the first place? That’s what a recent survey by DaySmart Software aimed to find…
