Small Business News

Mentoring Found to Increase Small Business Survival Odds

Whether it's a one-time meeting or long-term mentorship, having the opportunity to ask questions and get encouragement can mean a lot to a budding entrepreneur. Now a new study finds that having a mentor can also help increase a small business's survival odds.

Record Number of Small Businesses Raised Wages in May

The National Federation of Independent Business (NFIB) found that 35% of respondents increased labor compensation. That marks the single highest percentage the survey has seen since it started in 1986.

Small Business Lender Kabbage Sees Big Lift in Mobile Applications

Given the growing popularity of mobile for everything from sending e-mail to booking travel, it really shouldn't be shocking that more small business owners are turning to their smartphones when it comes to applying for loans.

Small Business Owners Plan to Increase Their Social Media Efforts

While popular platforms like Facebook, Twitter, and others have made it easier for businesses to market themselves and communicate with customers, the constant evolution of these platforms can make it difficult to keep up.

Small Business Resale Prices are Climbing

Overall, following the passage of the recent tax bill and the continued strength of the economy, it does seem like a good time to be a small business owner. Of course, for those entrepreneurs ready to hang up their hats or move onto other projects, now could also be a...

More Small Businesses Are Going Cashless

In the grand scheme of things, cash is far from dead. That said it seems more and more small businesses are embracing other forms of payment and shunning the "king." One of the main arguments for ditching cash transactions is that it enhances the speed of service.

Small Business Owners Weigh In On Net Neutrality Repeal

Passed in 2015, net neutrality guidelines were intended to prevent certain practices such as throttling and give all websites equal treatment. Like most things these days, the repeal of net neutrality has proven controversial.

Survey Finds Two-Thirds of Americans Want to Open Businesses 1

While it shouldn't be shocking that many Americans dream of opening their own businesses, it's always encouraging to see surveys like this latest UPS Store report. Moreover, there's good reason why so many respondents are optimistic about their chances.