Category: Small Business News

Small Business News
Retailers Continue to Fight Against Credit Card Swipe Fees
by Fioney Staff
Last week, news broke that Visa and Mastercard had reached a $6.2 billion settlement regarding interchange fees — more commonly known as "swipe fees." The long-in-the-works suit found merchants accusing the credit card companies of violating anti-trust laws by preventing them from suggesting customers use other forms of payment. Despite the ruling, some retailers are continuing the fight against these swipe fees, taking aim at rewards credit cards in particular. As... 
Small Business News
Small Businesses Aren't Adding as Many Jobs as Larger Companies
by Fioney Staff
While the U.S. economy continues to add jobs at an impressive clip, lowered unemployment has made it more difficult for businesses to find skilled workers. Moreover it seems that smaller employers are being hit harder by this worker shortage than their larger counterparts. As ABC News notes, this has resulted in small business new job numbers taking a sizeable tumble in August while still staying in the black. According to... 
Small Business News
New Record: Small Business Optimism Rises Once Again
by Fioney Staff
A new survey finds that small business optimism has reached an all-time high, shattering a previous record set all the way back in 1983 during the Presidency of Ronald Regan. Released today, the latest National Federation of Independent Business (NFIB) Small Business Optimism Index surged from 107.9 in July to 108.8 in August. The index blew past the record of 108 in the process to mark a new high for the 45-year-old... 
Small Business News
Three-Quarters of Small Businesses Utilize Social Media
by Fioney Staff
These days the talk surrounding social media isn't always so cheery. Whether it's complaints of harassment, foreign influence, censorship, or good old "fake news," it may seem that the tide may be turning for these powerful platforms. At the same time it's hard to argue that these outlets have been anything but a boon to small business — which is likely why so many business owners report using them. According... 
Small Business News
30% of Small Business Owners Suspect They're Overpaying on Their Taxes
by Fioney Staff
When it comes to running a small business, managing money and keeping track of the firm's finances can often be some of the top challenges that entrepreneurs face. With that in mind, Clutch recently conducted a survey in which they spoke to more than 300 small business owners and managers who were involved with their company's financial decisions. What they found were some interesting insights into how businesses manage their finances... 
Small Business News
One-Third of Small Businesses Worried About U.S. Trade Policy
by Fioney Staff
While optimism among small business owners may be high, that doesn't mean that there aren't causes for concern. Take, for example, the United States' trade policy that has resulted in several tariffs being enacted against imports from numerous nations and, in turn, tariffs imposed on outbound U.S. goods. Now the latest CNBC/SurveyMonkey small business survey finds that one-third of small business owners say they're worried about the current trade tensions. On... 
Small Business News
IRS Offers More Guidance on Pass-Through Business Tax Break
by Fioney Staff
One of the less talked about but potentially lucrative aspects of the Tax Cuts and Jobs Act that passed through Congress last year was a 20% tax deduction for pass-through businesses. Meant to give sole propreitorships and the self-employed a tax break similar to what larger corporations saw with the bill, the explanation of and qualifications for the deduction were confusingly vague, leaving many to wonder if they would actually...