Tag: what is small business

Small-business owners say federal government is failing to meet their needs: survey

More than two-thirds of small-business owners said in a Goldman Sachs survey that the federal government is failing to meet their needs.

The survey, published on Sunday, found that 70 percent of small-business owners surveyed gave the federal government a C grade or below on the effectiveness of the programs, services and tax credits available to them.

Only 16 percent gave the federal government a B or higher.

Eighty-five percent of small-business owners surveyed also gave the federal government a grade C or below for the job it does when it comes to marketing and communicating about the programs, services

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Readout of Roundtable on Capital Access for Small Businesses

Yesterday, the Administrator of the Small Business Administration (SBA) Isabel Guzmán, the Deputy Secretary of the Treasury Wally Adeyemo, American Rescue Plan Coordinator Gene Sperling, and Deputy Director of the National Economic Council Bharat Ramamurti were joined by US Senator John Hickenlooper (D -CO) and small business leaders, advocates, and mission lenders with particular expertise in reaching minority small businesses to discuss the Biden-Harris Administration’s small business agenda to expand capital access, including newly proposed rules from the SBA and historic investments by the Treasury Department in CDFIs. The group includes non-profit mission lender groups, Community Development Financial Institutions (CFIs),

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The meeting kicks off the small-business BOOST program

Small business owners will get a BOOST on Monday, Feb. 6, with the kick-off meeting for the Moline Community and Economic Development Department’s new Business Owner Occupied Stabilization Transformation Program for small-business owners and entrepreneurs. The session will begin at 6 pm at Western Illinois University Riverfront Hall, 3300 River Drive, Moline. Doors open at 5:30 p.m

The program is designed to provide entrepreneurs and current small business owners financial assistance, provide access to tools and skills to make the business endeavor a success, and secure direct funding in forgivable loans. Brick-and-mortar, home-based and mobile businesses are eligible.

Applicants must

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4 Things All Small Business Owners Should Know in 2023

Opinions expressed by entrepreneur contributors are their own.

The beginning of a new year often comes with a laundry list of goals and to-dos, which can quickly become overwhelming if you try to tackle too much, too fast. I’ve always approached resolutions by setting short and long-term goals spanning the entirety of the year — after all, we have 12 months to accomplish our goals, and there’s a reason they’re not called January Resolutions.

Now is an important time for business owners to reflect and set a course for the year ahead, but it’s easier than ever to get bogged

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Third of Vancouver small business’ inventory stolen in parkade break-in

A Vancouver small business owner says one-third of her inventory was stolen from her car in a parkade break-in on New Year’s Eve.

Elaine Li is a model, influencer, and owner of Livelite Athletica — an activewear brand she designs herself. Li had packed a suitcase full of pieces for an upcoming trade show and someone smashed her back window and stole it out of her parkade.

livelite pieces

Some of Elaine Lie’s pieces from her Livelite activewear brand. (Submitted)

“I wanted to warn other people to never leave anything important to them in their cars here,” Li said. “I don’t want

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Small business owners seek a wider customer range

LAS VEGAS (KLAS) — By and large small businesses are optimistic about the new year, but they are still concerned about specific things.

One expert spoke about the outlook for the new year and suggested how small business owners could reach a wider consumer base.

There are some 33 million small business owners in the US
The Small Business Administration reported that one million new small businesses were formed across the country last year.

But during the same time, 800,000 small businesses closed.

“It’s never been easier to open a small business but it’s never been harder to maintain a

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US small-business sentiment skids to a half-year low

(Reuters) – US small-business confidence slid to a six-month low in December, according to a survey on Tuesday, which also showed that inflation and worker shortages remained major issues for firm owners.

The National Federation of Independent Business (NFIB) said its Small Business Optimism Index fell 2.1 points to 89.8 last month – the lowest since June – amid a decline in the share of owners who expected better business conditions over the next six months.

It was the 12th straight month that the index was below the 49-year average of 98. The net share of owners expecting better business

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Tsunami of small business owners planning to exit, putting $2 trillion on the line

Three in four small business owners plan to exit their companies in the next decade

Seventy-six per cent of owners plan to exit their businesses within 10 years, CFIB says.
Seventy-six per cent of owners plan to exit their businesses within 10 years, CFIB says. Photo by Lyle Aspinall/Postmedia Network

More than three-quarters of small- and medium-sized business owners plan to exit their companies in the next decade, adding urgency to the

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