Small Business News

Partial Government Shutdown Impacts Small Business Administration

This holiday season has proven to be drama-filled one for Washington as a partial federal government shut down is currently in effect. The move comes after Congress and the President were unable to reach a budget deal, with border wall funding proving to the be the crux of the dispute....

Small Business Sentiment Slides on Economic Uncertainty 1

For the past two years, small business optimism has remained at historic highs. While that was still the case in November, the National Federation of Independent Business's Small Business Optimism Index did see a slide, reaching a seven-month low. Although the 2.6 point decline wasn't massive by any means, as...

Percentage of Small Businesses Looking to Expand Rises

All this year, we've talked repeatedly about small business optimism and the historic highs that positive sentiment among entrepreneurs has reached. Now yet another study has found that small business owners are feeling cheery about their prospects, with more businesses looking to expand in the year ahead. Additionally, according to...

Small Business Saturday Spending Reported to Be Record $17.8 Billion 2

On November 24th, the 2018 edition of Small Business Saturday took place — and it seems that consumer's across the country came out for the occasion. According to the just-released 2018 Small Business Saturday Consumer Insights Survey from American Express and the National Federation of Independent Business, it is estimated that...

Small Business Saturday Plans Expansions for 2018 Event

With Black Friday now officially underway (following a preamble of early sales and Turkey Day shopping), another retail holiday is just ahead: Small Business Saturday. Founded in 2010 by American Express, the annual event that encourages consumers to visit their local shops and restaurants has grown tremendously, with 2017's totals coming...

Small Business Optimism Hot Streak Reaches Two-Year Mark 3

It's been a little while since we last checked in on the National Federation of Independent Business's small business optimism index but things seem to still be going strong. In fact the NFIB notes that this month marks two straight years where small business optimism has remained at historically high levels. Furthermore, coming at...

Mastercard & Bank of America Announce "Grow Your Biz Contest" Winner

Back in September, Mastercard and Bank of America announced the start of the second annual Grow Your Biz Contest. Promoting the fact that 60% of U.S. small businesses say they plan to grow their operations in the next five years, the contest asked a simple question: "How?" Entrepreneurs were invited to answer...

Facebook Brings Small and Digital Businesses to Select Macy's Stores

Over the past few years, Facebook has tried to cozy up to small business owners by pitching ways that the Silicon Valley social media giant and entrepreneurs can work together. These efforts have included holding seminars to teach business owners various digital skills and promoting products such as "Find Wi-Fi"...