BU
Business News Info
BU

6 Steps for Your Small Business to Avoid a Financial Crisis

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneurs may get a small share of the revenue from the sale from our commerce partners.

The Main Street economy is facing some stiff headwinds.

The Federal Reserve is expected to keep boosting interest rates this year. That could push the rate on Small Business Administration loans to 10%, the highest in 15 years. Add in higher wages and supply costs, and small business owners are feeling the pain.

Heavier borrowing costs weigh down the entire economy. They sabotage

…
Read More

Governor launches Michigan media campaign ‘to show the world what makes Michigan the best’

LANSING, Mich. (WILX) – Tuesday Gov. Whitmer announced that the state is making a bold, visually inspiring case as a destination for businesses and visitors.

In March, the Michigan Economic Development Corporation (MEDC) launched its reimagined Pure Opportunity business marketing campaign, as well as the evolution of the iconic Pure Michigan campaign.

“Michigan is a place that will drive the world forward through grit, our world-class workforce, and stunning natural resources,” said Governor Whitmer. “We will work together to show the world what makes Michigan the best place to invest, innovate, live and explore. We will continue to compete with

…
Read More

Essential Tasks to Tick Off Before Launching Your Own Business

PRESS RELEASE

Published March 30, 2023

Essential Tasks to Tick Off Before Launching Your Own Business
Essential Tasks to Tick Off Before Launching Your Own Business

Working with an experienced accounting firm that provides business start-up and company formation services can be ideal, as it is all too easy to forget something or skip past a step that may prove important later down the line.

Examples include selecting the most suitable trading style, registering your business with Companies House and the tax authorities as appropriate, and implementing a bookkeeping and accounting system to enable you to submit tax returns and financial statements.

Creating a Business Plan

Even if you have

…
Read More

Richard Branson’s Virgin Orbit slashing 85% of its workforce – Business News

Virgin Orbit slashes jobs

The Associated Press – | Stories: 418880

Richard Branson’s Virgin Orbit is letting go of almost its entire work force with the satellite launch company finding it difficult to secure funding three months after a failed mission.

The company, headquartered in Long Beach, California, will cut 675 jobs, about 85% of its workforce, according to a Friday filing with the US Securities and Exchange Commission.

Earlier this month Virgin Orbit said that it was pausing all operations amid reports of possible job cuts. At the time

…
Read More

Stellantis Says Auto Loans Are Getting Longer as Demand Remains High

Side view of a Jeep Renegade in a dealership lot

Side view of a Jeep Renegade in a dealership lot

Stellantis has also noticed that average new vehicle financing terms are getting longer, GM’s electric cargo vans are proving somewhat popular, and a never-ending tire trade secret scandal has swung back in Goodyear’s favour. All that and more in this edition of The Morning Shift for April 4, 2023.

1st Gear: In the Future, You’ll Never Stop Paying Off Your Car

As interest rates increase and cars get more expensive, buyers end up agreeing to ever-longer financing terms just to make those monthly payments bearable. We know that 84-month loans

…
Read More

You’re Right, It Is Very Expensive to Finance a Car These Days

  • Average new-car prices aren’t getting any more reasonable, and if you’re someone who finances their vehicle, you’re probably wondering where all the money’s going.
  • The average APR for new vehicles financed in March was 7 percent, helping create a market where the average payment for a new car is, gulp, $730.
  • That’s bad, but the number of people paying over $1000 is also on the rise. In Wyoming, more than 25 percent of car shoppers who finance have high payments. Sorry, truck shoppers.

The average price of a new car in the US has been climbing, again, and at least

…
Read More

Bruins to Host TD Bank Small Business Takeover at TD Garden on March 28

BOSTON – The Boston Bruins announced today, March 28, that the TD Bank Small Business Takeover initiative will kick off for a sixth season during tonight’s game against the Nashville Predators at TD Garden.

For the Small Business Takeover, TD Bank will grant all possible advertising “real estate” at TD Garden to a local small business for the duration of the game. This includes the 360 ​​LED screens, dasher boards, video walls, roster cards and TD Bank corporate suite, in addition to digital support from Bruins social channels.

Tuesday’s Small Business Takeover will be given to the Energy Shield of

…
Read More

The Best Text Message Marketing Services of 2023 – businessnewsdaily.com

Text message marketing services are more than a way to send text messages. They are full-scale marketing solutions that help you engage with your audience, track results and improve your customer service.

When you’re looking for a text message marketing provider, it can be challenging to know which of the many features you need. Here are the features we think are the most valuable for businesses to look for in a service.

Analytics and Reports

Analytics are a vital part of text message marketing. These numbers tell you which campaigns were successful and which ones were not. Analytics also provide

…
Read More