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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87% of Small Businesses Say COVID-19 is Hurting Their Business

When turning on the news these days, you're likely to be hit with a barrage of numbers — from stats regarding the latest COVID-19 infections and deaths to the astounding unemployment figures. Although this data might not always be encouraging, it does help paint a picture of what's currently happening in our country. With that in mind, the finance site WalletHub recently conducted a survey of small business owners to...
small business owner talking on a phone

Plastiq Raises $75 Million For Stronger Pivot to Small Business Owners

Even in the midst of an unprecedented pandemic, it seems that deals are still getting done. This week Plastiq announced it had raised a whopping $75 million as part of its latest round. The Series D was led by B Capital Group, while existing investors Accomplice, Kleiner Perkins, Top Tier Capital Partners, and Khosla Ventures also participated. Previously the company saw a $27 million Series C in late 2018 and...
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Facebook Establishes a $100 Million Small Business Grant Program

For as much grief as Facebook often gets from regulators, politicians, and everyday citizens alike, the company has proven itself to be strong allies of small businesses nationwide and globally. Thus, in this time of unprecedented challenge to entrepreneurs, the social network is stepping up to help. Last week Facebook announced that it formed a new grant program that will give $100 million to small businesses. As TechCrunch reports, the...
UberEats

Uber Eats Supporting Local Restaurants with Waived Delivery Fee, More

In the past week, the situation surrounding COVID-19 has severely escalated in the United States. Not only have government advisories suggested that citizens refrain from forming groups larger than 10 — making dining out all but impossible — but other cities and states have ordered restaurants to close, excluding take-out and delivery service. As these developments threaten to hurt thousands of small businesses across the nation, Uber Eats has announced...
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Majority of Small Business Owners Expecting Tax Refunds

While it's good news that more than half of business owners are looking forward to getting tax refunds, this survey once again showcases just how critical cash flow is for small businesses.
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Kabbage Introduces Kabbage Insights For Small Business Owners

For small business owners, cash flow is critical. That's largely why online lending platforms catering to small businesses have grown, offering entrepreneurs speedy access to crucial funding. Among these increasingly-popular lenders is Kabbage, with a customer base of more than 220,000. This past week the company introduced a new tool dubbed Kabbage Insights to assist those business owners in keeping on top their finances. With Kabbage Insights, business owners will...
$55m Lendio

Small Business Lending Platform Lendio Raised $55 Million

Considering how imperative working capital is for small businesses, it's no wonder that the market for business loans has expanded in recent years. Of course, with an increase in options comes the need for entrepreneurs to cut through the noise and go straight to their best bets. That's what the lending platform Lendio boasts — and it's set to get a big boost after closing a sizeable funding effort. This...
demonstrating the need for a website

Survey Finds a Surprising Number of Small Businesses Don't Have Their Own Website

When most people think of small businesses, they likely imagine local mom and pop shops along main street that mainly just serve their fellow residents. However, thanks to the internet, even the smallest of small businesses can serve the national or global customer base. Plus, even if you're not selling directly on your website, having a web presence can help new customers discover you or allow current customers to stay...
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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...
Chase Freedom Flex card

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...