Category: Small Business News

Celebrating National Small Business Week

This week — May 1st through the 7th — is officially National Small Business Week. Since 1963 the first week in May has been designated to celebrate the importance of small businesses in the U.S. as well as highlight the achievements of entrepreneurs across the nation. This includes the Small Business Association (SBA) awarding their annual National Small Business Person of the Year. The theme of this year's festivities is "Dream Big, Start Small."...

Small Business Cyber Attacks Increasing

When you think of cyber attacks and data breaches you likely think of high-profile companies like Target or Sony Pictures. However not only are small businesses not immune to such attacks but they're also increasingly being targeted specifically because of their size. As Fox Business  reports last week the House Committee on Small Business conducted hearings to discuss the growing cyber threat to small businesses in the United States. Cyber attacks on...

Small Business Owners are Souring on the 2016 Election

As the primary season for the 2016 election rolls on small business owners seem to be growing increasing skeptical that positive change will come to the White House in January. A new survey conducted by OnDeck found that entrepreneurs' faith in the 2016 presidential candidates has dropped nine percentage points since the poll was last taken in the fall of 2015. In autumn three-quarters of business owners said they had...

How Florida Could Make Small Business Saturday a Holiday

A day originally concocted by a credit card company could soon become a real type of holiday in the Sunshine State. According to the Orlando Sentinel the Florida State Senate has proposed a bill that would make Small Business Saturday, the Saturday after Thanksgiving, a tax holiday. Similar to how many states offer consumers breaks for back to school shopping one weekend a year the bill would allow shoppers to purchase...

What Political Issues Small Business Owners Care Most About

The 2016 election season is officially in full swing. After months of  stump speeches and plenty of televised debates it's almost time for citizens across the nation to vote in their parties' primaries and caucuses ahead of the general election in November. With each state they visit candidates are doing their best to reach out to voters, answer their questions, and find out what issues are most important to them....

Small Business Trends You Should be Aware of In 2016

It's no secret that running a small business can be difficult. In addition to building a team, a company, and a brand, entrepreneurs need to know how to expand while adapting to the changing world around them. While many fundamental principles stay the same (e.g. working hard, providing great customer service, etc.) it's important to stay up to date on the latest trends in order to be prepared.   Cyber...

The Need For Transparent Small Business Financing

They say you need to spend money to make money. Unfortunately that's a lesson that many small business owners learn the hard way, leaving them in need of a loan or line of credit. Although approval rates from small business loans have increased in the past couple of years, there are still many entrepreneurs who still can't obtain the financing they require for their business. A new study commissioned by...

The Role of Alternative Lenders in Small Business Loans

In the late 2000s alternative lenders like Lending Club and OnDeck emerged and began offering loans directly to borrowers online. Touted as “disruptors,” these lenders sought to challenge the current banking system that they deemed to be broken and grant more consumers and small businesses access to credit. On the surface it would seem as though these startups are looking to go head-to-head with the big banks. However the truth...