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Small Business Tips
Small Business Tips

Buying an Existing Business: Is it Right for You? 4

by Jonathan Dyer
Let’s take a look at what you need to know about buying an existing business, including how to find business for sale, the pros and cons of this approach, how franchise opportunities differ from acquisitions, and what to consider once you do take the reigns.
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Small Business News
Small Business News

JPMorgan Chase Introduces New Card Readers for Small Businesses

by Jonathan Dyer
It seems as though one big bank is looking to appeal to small business owners, introducing a new set of banking and payment solutions. This week, JPMorgan Chase announced the debut of its Business Complete Banking offering, which includes QuickAccept — a new mobile card reader tool that will allow...
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Small Business News
Small Business News

American Express Announces Virtual "Summit for Success" Event for Small Businesses

by Jonathan Dyer
American Express has announced that the 2020 edition of the Business Class LIVE: Summit for Success will take place on Tuesday, October 20th. While the Summit is typically held in person, this year's event will take place in a virtual campus from 9 a.m. to 5 p.m. EDT. This digital...
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Small Business News
Small Business News

Survey Finds Majority of Business Owners Feel Prepared for Another COVID-19 Wave

by Jonathan Dyer
With autumn approaching, fears that the current coronavirus pandemic will worsen continue to grow. However, armed with more experience and some enhanced technologies, small business owners are feeling better about handling things this time around. According to a survey from Comcast Business, 78% of small business owners say their businesses...
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Small Business News
Small Business News

American Express Details “Coalition to Back Black Businesses” Grant Program

by Jonathan Dyer
This past week, American Express continued its efforts to support small businesses during these turbulent times. In this case, the company turned its attention to the Black community, helping to form the Coalition to Back Black Businesses Grant Program. The Coalition is a collaboration between four other organizations: the National...
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Small Business News
Small Business News

SBA's 504 Loan Program Sees Record Lending Month

by Jonathan Dyer
At a time when thousands of small businesses across the country are struggling to stay afloat, it seems that some entrepreneurs are investing in future projects. As the National Association of Development Companies notes, the Small Business Administration completed a record number of loans under its 504 loan programs in...
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Small Business News
Small Business News

National Restaurant Association Survey Finds 1 in 6 Restaurants Remain Closed 2

by Jonathan Dyer
If you've noticed that a number of your local restaurants have stayed closed since the pandemic struck, you're certainly not alone. In fact, 56% of Americans surveyed said that locations in their community had closed for good. Moreover, as the National Restaurant Association reports, these closures could worsen in the...
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Small Business News
Small Business News

Paycheck Protection Loans Could Complicate Small Business Acquisitions

by Jonathan Dyer
Earlier this year, as the coronavirus pandemic and the mandated closures that came with it battered the United States economy, Congress authorized the Paycheck Protection Program (PPP), which would be managed by the Small Business Administration (SBA). The idea was that entrepreneurs could obtain the funds necessary to keep their...
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Small Business News
Small Business News

Survey Finds Digital B2B Payments are On the Rise Among Small Businesses

by Jonathan Dyer
It should come as no surprise that the COVID-19 pandemic has altered the way that many small businesses operate. From enhanced safety and cleaning measures to building out other sales mediums, businesses have been forced to quickly adapt to the changing landscape. It seems that this is also true when...
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