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Tag: small business examples

20/07/202311/07/2024

Leading Small Business Banks Expand Digital Customer Support and Mobile Banking for Business Customers

Keynova Group Releases Annual Small Business Banker Scorecard

WILMINGTON, Del. (PRWEB) July 20, 2023

Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the 2023 Small Business Banker Scorecard. Bank of America once again secures first place for Overall Score in the annual benchmark that evaluates the digital user experience for small business customers of 10 national and regional banks.

The Scorecard revealed that mobile banking for small businesses is evolving beyond the basic consumer experience with some banks offering business cash flow dashboards and cash projections. The key findings also indicate

…
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19/07/202311/07/2024

No, startups are not facing a ‘mass extinction event’ | US small business

“Tthe Mass Extinction Event for startups is under way,” a partner for a well-known venture capital firm warned in a recent article in the Wall Street Journal. Capital from venture investors and bank loans is “scarce and expensive” and “venture-backed startups are running out of money and facing hard choices”.

The numbers support this: venture capital funding in the first quarter of 2023 was only at 40% of the level seen in the fourth quarter of 2021. But mass extinction?

Maybe for people starting up tech businesses based on a shaky premise and dubious cash flow projections that venture

…
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18/07/202311/07/2024

5 Common Causes of Small Business Bankruptcy

Not everything that affects a business is controllable, but as a small business owner, there are several steps you can take to help avoid bankruptcy and ensure long-term success. Here are common causes of business bankruptcy and ways to help your business deal with them.

No entrepreneur plans to see their business in financial trouble or facing insolvency, but the Office of the Superintendent of Bankruptcy reported 2,621 business bankruptcies in Canada in 2022 — up 35 per cent from 2021. That’s because running a small business means you’re affected by controllable factors and some beyond your control.

Having the

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14/07/202311/07/2024

How AI is Transforming SEO for Small Businesses

Opinions expressed by Entrepreneur contributors are their own.

Once upon a time, the SEO game was all about keywords and backlinks. The more you have of each, the higher your site will climb on the search engine results page. But boy, how the times have changed! Today, we’re standing on the brink of an AI revolution that’s flipping the script on SEO as we know it.

Indeed, AI is whipping up a storm of transformations in the SEO world, and small businesses are finding themselves right at the heart of this tempest. In the fast-paced, ever-evolving realm of SEO, the

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10/07/202311/07/2024

NB premier defends provincial carbon legislation, says it protects small business

New Brunswick’s premier is pushing back against claims that a piece of provincial legislation, rather than federal rules, is to blame for higher gas prices.

The province implemented a law last year to allow the cost of Ottawa’s clean fuel regulations to be passed on to consumers.

Premier Blaine Higgs said without the change, small retailers in the region would have to absorb the added costs, which could impact their revenues and jeopardize their ability to stay in business.

Critics say the province has allowed refineries to pass along costs at a time when they have recorded major profit gains

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10/07/202311/07/2024

Inflation Data, JPMorgan and Delta Earnings, and More to Watch This Week

text size

Second-quarter earnings season begins this week with several large US banks set to report. The latest inflation data will be closely watched by investors and economists alike.

Citigroup
,

JPMorgan Chase
,

and

Wells Fargo

will be this week’s earnings highlights, all on Friday morning.

Love s
,

Conagra Brands
,

Delta Airlines
,

Fastenal
,

and

PepsiCo

are also scheduled to report on Thursday, followed by

BlackRock
,

State Street, and

UnitedHealth Group

on Friday.

The economic-data highlight of the week will be the Bureau of Labor Statistics’ consumer price index for June on Wednesday. Economists’ consensus

…
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02/07/202311/07/2024

Small Business – The Atmore Advance

NEW YORK, July 02, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Comerica Incorporated (“Comerica” or the “Company”) (NYSE: CMA). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

The investigation concerns whether Comerica and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On May 29, 2023, citing a review of “internal documents,” American Banker reported that “Comerica Bank officials privately acknowledged significant compliance failures in their operation of a Treasury

…
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23/06/202311/07/2024

Own a Small Business? Here’s How to Sneak Away on a Summer Vacation

Running a small business is no easy feat — namely, because you’re responsible for pretty much everything. Even if you have an accountant to manage your books, you might still feel compelled to check up on your banking records frequently to keep tabs on your company’s finances. And even if you have an HR manager, you might still feel compelled to intervene when on-the-job conflicts arise, or when new hires come on board.

As such, the idea of ​​taking a vacation this summer might seem downright laughable. And you wouldn’t be alone in that feeling.

Data from OnDeck reveals that

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