Small Business

Cannings calls for extension on small business loans | News

Local groups are lining up behind MP Richard Cannings as he pushed the federal government to extend the deadline for repayment of business loans issued during the pandemic.

Cannings, who represents South Okanagan-West Kootenay, asked for relief in a letter to the finance minister sent Monday from his post as the NDP’s critic for small business and tourism.

Loans granted under the Canadian Emergency Business Account must be repaid by the end of the year in order to qualify for forgiveness of up to 33% and avoid a 5% interest penalty.

“Small business owners across Canada have done everything right,

Small Business

Jalapeno Popper Chaffles with Homemade Ranch

WHERE TO GET INGREDIENTS FOR JALAPENO POPPER CHAFFLES

If you haven’t noticed, I do not allow advertising on my site.

I just didn’t agree with some of the products that were advertised. They were keto products, but they were unhealthy and I would never personally eat most of the products. It was hard to say no to blog advertisements; they pay thousands of dollars a month, but I just feel uncomfortable about having the products I didn’t recommend on my website.

Instead, I have created a shopping list where you can find all the healthy ingredients that are difficult to

Small Business

OpenAI Launches GPT-4 API For Everyone

Here are five things in tech that happened this week and how they affect your business. Did you miss them?

1 – OpenAI launches GPT-4

Small Business

Delivering Loan Transparency For Small-Business Owners

Carolina Martinez is CEO of CAMEOa California micro-business network, and an expert on small business and CDFIs.

Over the past four years, Darren Preston turned his Malibu’s Burgers food truck into one of the most popular restaurants in the San Francisco Bay Area. Despite the lines out the door and rave reviews, Malibu’s filed for bankruptcy early last year. The cause had nothing to do with the food. What appeared to be a standard loan from an online lender turned out to be a receivables purchase agreement, a complicated arrangement loaded with hidden fees and sky-high interest rates

Small Business

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

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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

Small Business

Three Ways To Put Your Business On The Fast Track To $1 Million

Jennifer Dawn’s client had built her company to $750,000 in revenue but was losing enthusiasm for the business. “It had sucked the life out of her,” says Dawn, who runs Jennifer Dawn Coaching in New York City. “She started to hate the business and it was tanking.”

Revenue gradually slipped to $500,000. Dawn worked with her on marketing and other key areas of the business rebuilding her sales—and also encouraged her to start exercising and otherwise taking care of herself. The client gradually built sales back to $1 million.

Then the pandemic hit—and the schools the clients served in the

Small Business

Local small businesses struggle with CEBA repayments

The average Alberta small business is still carrying $85,000 to $100,000 worth of pandemic-related debt, according to the CFIB

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A pandemic lifeline may now be dragging local businesses to their demise.

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Small Business

Small Business Jobs Index Dips in June, Rate of Wage Growth Continues to Moderate – Paychex (NASDAQ:PAYX), S&P Global (NYSE:SPGI)

The leisure and hospitality sector continues to struggle to hire back to pre-pandemic levels

The rate of small business hiring slowed modestly in June as hourly earnings growth across the US decelerated to 4.02% from 4.24% in May, according to the Paychex | IHS Markit Small Business Employment Watch. The national Small Business Jobs Index — which measures the rate of small business job growth in the US — registered 99.21 in June, virtually unchanged so far in 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230705068435/en/

At 99.21, the national jobs index decreased 0.24% in June,