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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U.S. Bank to Launch Business Altitude Connect Credit Card
U.S. Bank is set to expand its small business credit card line-up. Recently, the bank announced the impending launch of the new Business Altitude Connect card. Applications for the new product are expected to open next month. In terms of rewards, Business Altitude Connect cardholders can earn 5x points on hotel and car rentals booked directly…
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Barclays Announces Third “Small Business Big Wins” Contest
Small businesses looking to add some bonus funds to their coffers may be interested in a newly-opened contest. Today, Barclays announced the launch of its third annual “Small Business Big Win” promotion. This time around, the company will once again be doling out a total of $255,000 in prize money to dozens of winning businesses. One…
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Survey: Majority of Small Businesses Expecting Recession in 2023
With the new year underway, a new survey highlights the economic outlooks held by small and medium-sized businesses. According to JPMorgan Chase’s 2023 Business Leaders Outlook survey, 61% of small business respondents (defined as businesses with annual revenues between $100,000 and $20 million) stated that they expect a recession to hit this year. Similarly, 65% of…
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Small Business Payment Automation Tool Plooto Raises $20 Million
A FinTech that helps small businesses manage their payments just collected some cash of its own. This week, Toronto-based Plooto announced it has raised $20 million USD — or $27 million CAD. The Series B was led by Centana Growth Partners, while returning investors FINTOP Capital and Luge Capital also participated. Previously, the company closed…
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Amex Launches Digital B2B Payments Platform Business Link
For consumers, these days, there’s no shortage of peer-to-peer apps they can use to move money, with some popular examples including Cash App, Venmo, and Zelle. As for businesses, the list of options for sending money to vendors may be more limited. Now, a well-known credit card company and small business supporter is introducing a…
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Small Business Saturday 2022 Drives Projected $17.9 Billion in Sales
This past weekend saw the kick-off to the holiday shopping season with Black Friday followed by Small Business Saturday. Now in its 13th year, the latter is a promotion meant to raise awareness for small local businesses and encourage consumers to support them. Now, the initial figures from this year’s event have arrived. According to…
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Square and Amex Partnering for Small Business Seller Credit Card
Two major companies known for their efforts in assisting with the needs of small businesses will be teaming up for a new product. This week, Square and American Express announced plans to launch a credit card that’s specifically built for Square sellers. At this time, details about the card — including the benefits it will…
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American Express Teams with TikTok for #ShopSmall Accelerator
With the 2022 edition of Small Business Saturday just weeks away (taking place on November 26th this year), American Express is looking to help businesses find new ways to reach customers. As part of this effort, the company has announced a partnership with the popular, youth-skewing app TikTok. Together, the two brands have created the…
