A new Equifax Canada survey says small businesses are increasingly using their credit cards to maintain their operations, a worrying trend. THE CANADIAN PRESS/Darryl Dyck Small businesses are increasingly turning to high-interest debt such as credit cards to keep the lights on, according to a new survey from Equifax Canada. “I think what we’re really…
Tag: small business grants for women
NIST Launches Cybersecurity Initiative for Small Businesses
For small organizations, the current cyber threat landscape is brutal. While big-name breaches steal the headlines, small businesses suffer the most from ransomware attacks. Additionally, other studies reveal that only half of all small businesses are prepared for a cyberattack. In the face of these challenges, NIST is creating a new initiative to help. To…
I Am Not an Object or Incompetent – PHE America
(Article 2 of 5) [5-Part Article Series] People with physical disabilities hold limited positions as scholars, teachers, or leaders in physical education, recreation, and sports. Perhaps the reason is that the field is flooded with able-bodied people who think they know best. But do they? Michael Oliver, imminent writer, and scholar argued that people with…
Looming COVID-19 loan repayment deadlines have some small businesses worried about staying afloat
With the deadline to repay a federal government COVID-19 loan looming, the owners of some small businesses in Manitoba are worried about their future. The Canadian Federation of Independent Business says approximately 90 per cent of small businesses in the province took out loans through the Canada Emergency Business Account, also known as CEBA. The…
With Banks Facing Threats, Where Should a Small Business Keep Large Deposits?
Experts say businesses have a lot of options for storing their money safely—and they don’t necessarily involve stashing their cash with “too-big-to-fail” megabanks. The failures of three medium-sized banks this spring rattled small business owners, who often had deposits in excess of the $250,000 that’s protected by the Federal Deposit Insurance Corporation. Almost two-thirds of…
4 Small Business Grants for Veterans
Key points Veterans are 45% more likely than non-veterans to start a business, so there are plenty of grants and free resources available for veterans and their spouses. You can take advantage of grants offered by private organizations such as the Second Service Foundation. Warrior Rising and the Michigan Veteran Entrepreneur-Lab offer training, mentorship, and…
Small business owner on how he’s adjusting prices
The May jobs report showed leisure and hospitality trending upwards, with the food and services sector seeing over 33,000 jobs added. Ron Silver, Bubby’s Chef & Owner, joins Yahoo Finance Senior Reporter Alexandra Canal at Bubby’s Tribeca in New York City to discuss the state and importance of restaurant talent, the impact of inflation on…
7 Small Business Grants for Women
Key points Grants are a great way to help fund your small business because they don’t need to be repaid, unlike credit lines or loans. Grants.gov is a great place to start, as this database includes a huge number of grant opportunities. You can find a variety of grants open to all minority business owners,…