Category: Small Business

Looking to grow your small business? We provide tips and advice on starting and growing a small business.

J.D. Power Reports Small Business Credit Card Satisfaction Surge

As small businesses continue to recover from the pandemic, it seems as though other aspects of their financial lives are normalizing as well. For example, a new survey finds that business owners are happier with their reward credit cards compared to last year. In fact, the J.D. Power 2021 U.S. Small Business Credit Card Satisfaction Study — which included participation from more than 3,000 small business credit card customers between...

American Express Announces 2021 Small Business Saturday Campaign

With the 12th annual Small Business Saturday just around the corner, American Express has announced details about its 2021 campaign. This year's Small Business Saturday will be observed on November 27th. Ahead of that date, Amex is rolling out a new marketing campaign, Google Shopping collaboration, an online marketplace for Black-owned businesses, and more. First, American Express has launched a nationwide marketing campaign. This includes once again offering free downloadable...

7 Ways to Make Small Business Saturday a Success

It’s almost here once again: this year’s Small Business Saturday will be held on November 27th. With the now 11-year-old holiday continually gaining popularity and importance, it’s imperative that entrepreneurs across the nation take advantage of this retail holiday — especially after the challenging year that was 2020. Even if you’re just learning about this special day now, the good news is that it’s not too late for you and...

Wage Growth Among Small Businesses Hit Record High October

Slowly but surely, the United States is adding back jobs that were lost at the start of the pandemic. At the same time, several businesses have reported being unable to fill open positions, leading some to increase compensation. Now, the latest Paychex IHS Markit Small Business Employment Watch figures show that wage growth is continuing to accelerate. According to the report, hourly earnings hit an average of $29.77. That marks...

American Express Launches Business Checking Account, Debit Card

After years of proving to be a small business ally, American Express has announced a new offering for business owners. This week, Amex introduced its Business Checking account aimed at small and mid-sized businesses. While the offering will connect with existing Amex Business Credit Cards, it will also include a Business Debit Card — the first ever issued by American Express in the United States. In terms of benefits, the...

American Express Revamps Platinum Business Card, Hikes Annual Fee

Earlier this year, American Express updated its iconic Platinum Card, adding new benefits while also increasing the annual fee. Now, it's the Business version of the card's turn for a refresh. Recently, Amex announced a new slate of perks for Business Platinum, including new rewards categories, credits, and more. The first update to the Business Platinum comes to its Membership Rewards earning potential. In addition to earning 1.5x points on...

Credit Strong for Business Overview

For small business owners, business credit can be a bit of a mystery. Not only are there separate business credit bureaus but they often have different scoring models than those familiar to consumers. Further complicating matters is that, in some cases, business owners will rely on their personal credit to obtain financing for their businesses, perhaps leading them to not even know that business credit exists. However, with Credit Strong's...

DoorDash, Hello Alice Introduce Restaurant Disaster Relief Fund

Over the past year, independent restaurants have not only had to endure the effects of the pandemic but some have also experienced losses due to natural disasters. From wildfires in California to flooding in Louisiana, several small businesses have continued to be challenged by Mother Nature. In response, DoorDash and Hello Alice have introduced the Restaurant Disaster Relief Fund. According to Federal Emergency Management Agency (FEMA) data, 40% of small...