Small Business News

GOBankingRates Ranks Top U.S. Cities Where Entrepreneurs Thrive

When most people hear the term “startup” it’s common for areas like Silicon Valley to come to mind. That’s why some may be surprised to learn that, when it comes to starting a small business, the U.S. map is filled with cities where entrepreneurs are thriving. Now GOBankingRates (GBR) has...

Bank of America Debuts "Business Advantage 360" for Entrepreneurs

When it comes to running a small business, cash flow can be critical. From managing working capital to ensuring things such as payroll are covered, there's no doubt that entrepreneurs need to keep a close eye on their finances. That's why, this past week, Bank of America rolled out a...

Tide Turning on Small Business Optimism?

Throughout 2018 optimism among small businesses was at an all-time high. Month after month, the National Federation of Independent Business' Small Business Optimism Index showed entrepreneurs were enthusiastic about their future prospects and the economy at large. Moreover, in November, the index celebrated two years of record optimism. Now a new survey...

Record Number of Small Businesses Bought and Sold in 2018 2

Not only did 2018 prove to be a rather good year to be a small business owner but it also turned out to be a historic year to sell a small business. According to the business resale site BizBuySell, 2018 saw a record number of small businesses changing hands. Moreover...

Square Introduces Debit Card for Small Business Customers 2

Square may have built its main brand on offering payment solutions to small business owners but its latest product actually takes a page from one of the company's other ventures. This week the brand unveiled the Square Card — a free Mastercard debit card product for small business owners. While...

Ongoing Shut Down Affects $200 Million in SBA Loans Per Day

It's official: the current federal government shutdown now ranks as the longest in history, topping the previous record of 21 days (which occurred during the Clinton administration). So far the shutdown has resulted in furloughs for many "non-essential" federal employees and work without pay for others. As we previously reported, among...

Study: One-Third of Small Business are Started for Less than $5,000 2

When it comes to starting a new business, one of the largest and most daunting aspects is raising enough capital. However, while having capital is certainly essential for any small business, a new study finds that it might not take as much upfront money to get off the ground as...

Small Business Hiring Soars in December

Despite months of reported skilled labor shortages that left many small businesses with job positions they couldn't fill, new numbers from the payroll company ADP show that small business hiring surged in the last month of 2019. As Orlando's WFTV reports, ADP found that its small businesses customers added 89,000...