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.

Q4 Closed Small Business Transactions
Small Business

Sales of Small Businesses Dip 5% in 2019

by Fioney Staff
It seems that fewer small businesses changed hands last year than in 2018. According to data from brokers reporting to the business listing site BizBuySell, 9,746 businesses were bought and sold in 2019 compared to 10,312 the year prior. That marks a year over year decrease of 5.5%, snapping a three-year streak of rising numbers. However it's worth remembering that 2018 saw a record number of transactions, leaving 2019 at a still-historic...
Amazon and Goldman Sachs logos
Small Business

Amazon and Goldman Sachs Reportedly Partnering for Small Business Loans

by Fioney Staff
For any small business to be successful, it needs one thing: capital. While different types of businesses require varying amounts of upfront investment, there are plenty of cases where entrepreneurs need the assistance of small business loans in order get their operations off the ground or take them to the next level. This is especially true of businesses that utilize online platforms such as Amazon where they'll need to invest...
Small business owners presidential survey results
Small Business

OnDeck Survey Ranks Business Owners' Preferred Presidental Candidates

by Fioney Staff
Last night the lead up to 2020 presidential election officially got underway as the Iowa caucuses saw the first votes being cast for the candidates. However, as of this writing, the results of the evening have yet to be released following some apparent snafus. In the meantime a recent national survey by online lender OnDeck asked small business owners who they preferred in the presidential race. The latest survey (conducted...
discussing a transaction
Small Business

Survey Shows Small Businesses Expect Strong Economic Growth in 2020

by Fioney Staff
In 2019 we saw small business optimism reach record levels and remain at historic highs. This was not only influenced by economic strength but also by the direct increase in sales many business owners were enjoying. Now a new survey from Balboa Capital suggests that the majority of small businesses are expecting the good times to keep rolling in 2020. First and foremost Balboa's survey revealed once again that 2019...
United Business MileagePlus Visa card
Small Business

Chase and United Debut New Business Credit Card

by Fioney Staff
Small business owners who travel often or want to save up miles for their next vacation will now have a new credit card option for accruing rewards. Today Chase and United unveiled the United Business Card, which will replace the previous United Explorer Business Card. According to a press release for the new offering, the United Business Card is "designed to help business travelers maximize their miles." As part of...
Small Business

GoDaddy Unveils New Logo to Empower "The Everyday Entrepreneur"

by Fioney Staff
To compete as a small business in the 21st century, there's no question that you'll need an effective website. For many, GoDaddy.com has been a starting point for this journey. With more than 19 million customers and 77 million domains under its registration, Arizona-based GoDaddy has become one of the most well-known website tools thanks to a combination of affordable registration, quirky ads, and more. Now the brand is looking...
Square transaction receipt
Small Business

Square Instating 1.5% Fee for Instant Transfers

by Fioney Staff
Over the past several years, FinTech Square has become ubiquitous at small businesses across the nation. In addition to its clever mobile credit card readers, the company has continued to expand its offerings to make it easier for business owners to accept payments. However Square has revealed a change to one of their products that might not be so welcome to entrepreneurs who enjoy getting their money fast. This week...
chart of weekly wages
Small Business

Paychex Report Shows Weekly Earnings Growth at Record High

by Fioney Staff
Throughout the year the big story in the world of small businesses has been the competitive hiring field. With the United States' unemployment rate remaining at historic lows, many businesses have reported being unable to fill open positions and, in turn, increased their wages in a bid to attract top talent. Sure enough a new report from the payroll company Paychex shows continued wage growth for small business employees as...
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Credit Score Guide

A Guide to Building Credit and Increasing Your Credit Scores

by Kyle Burbank
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...
Checking Account Review

2024 SoFi Checking and Savings Review

by Kyle Burbank
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...
Brim logo
FinTech News

Brim Financial Raises $85 Million as It Eyes Global Expansion

by Kyle Burbank
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
Credit Card News

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

by Kyle Burbank
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,...
Small Business News

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

by Kyle Burbank
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...