Category: Small Business News

J.D. Power Reports Small Business Credit Card Satisfaction Surge

As small businesses continue to recover from the pandemic, it seems as though other aspects of their financial lives are normalizing as well. For example, a new survey finds that business owners are happier with their reward credit cards compared to last year. In fact, the J.D. Power 2021 U.S. Small Business Credit Card Satisfaction Study — which included participation from more than 3,000 small business credit card customers between...

American Express Announces 2021 Small Business Saturday Campaign

With the 12th annual Small Business Saturday just around the corner, American Express has announced details about its 2021 campaign. This year's Small Business Saturday will be observed on November 27th. Ahead of that date, Amex is rolling out a new marketing campaign, Google Shopping collaboration, an online marketplace for Black-owned businesses, and more. First, American Express has launched a nationwide marketing campaign. This includes once again offering free downloadable...

Wage Growth Among Small Businesses Hit Record High October

Slowly but surely, the United States is adding back jobs that were lost at the start of the pandemic. At the same time, several businesses have reported being unable to fill open positions, leading some to increase compensation. Now, the latest Paychex IHS Markit Small Business Employment Watch figures show that wage growth is continuing to accelerate. According to the report, hourly earnings hit an average of $29.77. That marks...

American Express Launches Business Checking Account, Debit Card

After years of proving to be a small business ally, American Express has announced a new offering for business owners. This week, Amex introduced its Business Checking account aimed at small and mid-sized businesses. While the offering will connect with existing Amex Business Credit Cards, it will also include a Business Debit Card — the first ever issued by American Express in the United States. In terms of benefits, the...

American Express Revamps Platinum Business Card, Hikes Annual Fee

Earlier this year, American Express updated its iconic Platinum Card, adding new benefits while also increasing the annual fee. Now, it's the Business version of the card's turn for a refresh. Recently, Amex announced a new slate of perks for Business Platinum, including new rewards categories, credits, and more. The first update to the Business Platinum comes to its Membership Rewards earning potential. In addition to earning 1.5x points on...

DoorDash, Hello Alice Introduce Restaurant Disaster Relief Fund

Over the past year, independent restaurants have not only had to endure the effects of the pandemic but some have also experienced losses due to natural disasters. From wildfires in California to flooding in Louisiana, several small businesses have continued to be challenged by Mother Nature. In response, DoorDash and Hello Alice have introduced the Restaurant Disaster Relief Fund. According to Federal Emergency Management Agency (FEMA) data, 40% of small...

Chase and Hyatt Introduce New Business Credit Card

Small business owners who are also fans of Hyatt got some good news this morning. Today, Chase and Hyatt announced the launch of the World of Hyatt Business Credit Card. The new card does carry a $199 annual fee but comes with a number of benefits for business owners. Looking at the perks, the first is that cardholders will enjoy automatic Discoverist status with World of Hyatt. Additionally, customers will...

Slice Commits Additional $15 Million to Small Business Pizza Shops

Entrepreneurs with a passion for pizza may be interested in what one digital platform is serving up for small restaurants. Last year, Slice — a platform used to help independent restaurants manage digital sales — launched its Slice Accelerate program. This accelerator grants selected participant pizzerias with $15,000 worth of technology and services along with entrepreneurial mentorship and other benefits. Now, Slice has announced that it's committing an additional $15 million to the program....