Category: Small Business News

Small Business News

American Express Offering Bonuses to Businesses to Boost Acceptance

by Fioney StaffNov 20, 2019

For years American Express has lagged behind competitors Visa and Mastercard when it comes to acceptance. Part of the reason for this is that Amex had typically charged higher swipe fees — a result of the issuer focusing on a wealthier client base who would be more valuable to businesses. However in recent years Amex has tried to catch up, getting as many businesses as possible to start accepting their...

Small Business News

Survey Shows Strong Support for U.S. Small Businesses

by Fioney StaffNov 15, 2019

By this point (and especially with a federal election just a year away) everyone is familiar with the phrase "small businesses are the backbone of the economy." However, as the holiday shopping seasons grows nearer, it seems that most of the focus is often on national and multinational corporations. Nevertheless — just in time for National Entrepreneurship Month and Small Business Saturday —a new survey from SCORE finds that Americans...

Small Business News

Amazon Reveals Small Business Academy Educational Initiative

by Fioney StaffNov 4, 2019

It looks as though Amazon is once again showing its dedication to small business owners and attempting to aid in their success. Recently the online marketplace announced the launch of the Amazon Small Business Academy. This initiative will include webinars and in-person seminars focused on how entrepreneurs can leverage the Internet to grow their brand and sales. The first Amazon Small Business Academy session was held in Southaven, Mississippi last...

Small Business News

BlueVine Introducing Small Business Banking

by Fioney StaffOct 28, 2019

Over the past few years, the concept of online lending for small businesses has continued to grow. In turn, many of these FinTechs have expanded the scope of their operations to serve entrepreneurs in other aspects of their finances. The latest of example of this comes from BlueVine, who today is introducing a small business checking account it hopes will offer entrepreneurs a better home for their funds. BlueVine Business...

Small Business News

Only 12% of Millennial Entrepreneurs Carry Small Business Insurance

by Fioney StaffOct 21, 2019

When it comes to running a small business, there are several things that can go wrong. From the growing threat of cybersecurity breaches to the potential for natural disasters to impact their businesses, entrepreneurs have plenty to worry about. Despite this it seems that only a small number of younger business owners are protecting their businesses via various commercial insurance policies. According to a survey by Liberty Mutual Insurance, just...

Small Business News

U.S. Small Business Administration Lending Tops $28 Billion in FY19

by Fioney StaffOct 14, 2019

For most of us, 2019 won't come to a close until December 31st. However, for several corporations as well as the Federal Government, October 1st marked the beginning of a new fiscal year. Among the agencies looking back at the year that was is the Small Business Administration, who recently released data regarding the number of loans it issued over the past year. According to the SBA, it guaranteed more...

Small Business News

Survey Finds "Improving Productivity" to Be Top Challenge for Business Owners

by Fioney StaffOct 8, 2019

Being an entrepreneur means overcoming several obstacles and finding solutions to difficult problems. With that in mind, what specific issues are U.S. small business owners most anticipating on the horizon? A survey by professional employer organization (PEO) Oasis asked more 300 small business owners (with more than 10 employees but fewer than 100) about what challenges they expect to encounter in the next six to 12 months. Coming in first...

Small Business News

Uber Launches Uber Works Platform in Chicago

by Fioney StaffOct 3, 2019

Ever since ridesharing started making the move from novelty to ubiquitous transportation option, the phrase "Uber but for..." has become a go-to pitch for many peer to peer platforms. For example imagine an app that's like Uber but for temporary workers. As it turns out that's exactly the idea behind Uber Works, which the company is rolling out in Chicago this week. Just as Uber connects drivers and passengers, Uber...