Small Business Tips and Advice

Category: Small Business

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

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New York Legislature Passes Small Business Truth in Lending Act

For years now, online lending options have made it easier for small business owners to obtain loans, allowing them to access capital much more quickly than in the past. Unfortunately, not all of the lenders were transparent and upfront about their fees and interest rates. In turn, some desperate owners may have accidentally taken out loans that did their business a disservice. Now, New York lawmakers are looking to curb...
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Facebook Survey Highlights Small Business Challenges, Adaptations

It's no secret that the past few months have been incredibly challenging for many small businesses. Because of this, there has been a slew of recent surveys seeking to quantify the impacts that the pandemic has had on entrepreneurs. The latest of such reports comes from Facebook, which surveyed small business leaders in more than 50 countries back in May. With Facebook's survey spanning the globe, it's interesting to note...
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Hulu Beta Testing Ad Manager for Small Businesses

As new technologies have emerged over the years, small business owners have continued to adapt in order to make the most of these platforms. Perhaps most notably, the past decade has ushered in an age of social media that's transformed the way businesses reach their customers. Meanwhile, linear television networks that typically carry local commercials have slowly been usurped by streaming services. Now one such service is expanding its advertising...
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Small Business Optimism Ticks Up But Threats Still Loom

The past few months have certainly been challenging for a number of the country's small businesses. Between mandated closures, necessary adjustments and investments required for reopening, and on-going health concerns, business owners have been hit on multiple fronts. Nevertheless it seems as though some are starting to see some hope. According to a recently-released survey conducted by the National Small Business Association, optimism among entrepreneurs is slowly increasing. To be...
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NASA Announces $51 Million in Small Business Investments

Recently, the world watched as the results of a major private-public partnership took to the sky. On May 30th, the SpaceX Crew Dragon spacecraft carried two NASA astronauts from Cape Canaveral, Florida to the international space station. On the heels of that accomplishment, NASA has revealed the next round of companies developing tomorrow's big breakthroughs, announcing the latest recipients of their Small Business Innovation Research (SBIR) and Small Business Technology Transfer...
AMEX Shop Small

American Express Commits $200 Million to Latest Shop Small Campaign

For some time now, American Express has made its support of small businesses clear. While the credit card company's best-known link to the small business world is their invention of Small Business Saturday — which is celebrated on the Saturday after Thanksgiving each November — their Shop Small efforts are year-round. Now, at a time when many businesses are working to recover from the financial impacts of the COVID-19 pandemic...
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Square Clarifies Controversial "Reserves" Policy

Over the past several years, Square has grown into one of the most popular small business tools and enabled entrepreneurs to process payments in new ways. However this ubiquity also means that changes to their policies — such as adjustments made to their fees — are often big news and may court controversy. The latest example of this revolves around reserves, with some small businesses claiming that Square has begun...
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Comerica Bank Commits $1 Million to Create Black Capital Access Program

Given the current state of our country and its small businesses, one bank has revealed its plans to step up and assist one community of entrepreneurs who are among the hardest hit. Last week, Comerica Bank announced that it was partnering with the National Business League to create the Black Capital Access Program (BCAP). The bank will be supporting this effort to assist Black-owned small businesses with a commitment of...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
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Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
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Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...