Featured Articles in Small Business News

Injunction sought against new law on independent contractors

(The Center Square) – Less than two months before implementation, a federal law impacting gig workers is being challenged in a Georgia court. Founders of Fight for Freelancers, a coalition of more than 2,500 independent contract workers in varying professions, seeks an injunction to prohibit enforcement of the new law announced this month by the Read More…

Small businesses seek to avoid possible credit crunch as Federal Reserve raises rates once more

Small businesses – the heartbeat of the U.S. economy – are beginning to feel the pinch of tighter credit conditions as the Federal Reserve continues to increase borrowing costs. A flurry of headlines in recent weeks has suggested a credit crunch – meaning the availability of lending gets scarcer – is already happening. That’s in large part brought on by the actions of Read More…

Consumer protection agency looks to increase transparency for small business loans

The Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses. If finalized, the federal agency’s rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons for which lenders deny a loan. The rule would help regulators learn how entrepreneurs Read More…

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Crafting a Comprehensive Investment Strategy: A Guide to Building Your Financial Future

Investing is a critical component of securing a comfortable future, but it can be a daunting task without the right knowledge and strategy. A well-rounded investment plan is not just about growing wealth; it’s about making informed decisions that align with your financial goals and risk tolerance. This guide delves into the essentials of investing, Read More…

The Power of Vector Graphics in Modern Design

In the contemporary world of digital art and design, vector graphics stand as a pivotal element, reshaping our approach to visual creativity. Unlike traditional bitmap graphics, which are composed of pixels and often struggle with scalability issues, vector graphics are defined by mathematical equations, allowing them to be scaled indefinitely without any loss of quality. Read More…

(The Center Square) – The Employee Retention Tax Credit, designed to help businesses keep employees on the payroll during pandemic shutdowns, could end up costing taxpayers seven times more than initially projected. The Committee for a Responsible Federal Budget said initial projections for the Employee Retention Tax Credit, or ERC, put the cost of the Read More…

How do I know if it is time to hire a financial planner?

When it comes to managing finances, you don’t want it to be messed up, especially when it comes to complex businesses like pharmacies. Financial planning often includes challenges in a way that can be hard to navigate. This is where the decision to hire pharmacy financial planners comes to your rescue. Fortunately, thousands of great Read More…

What to do if an employee isn’t a team player

Whether it’s not collaborating well in group projects, lack of communication or refusing to embrace your company’s culture, dealing with employees who aren’t team players can be challenging. In this article, Rapid Formations looks at the steps business owners should take to integrate the trickier employees on their team.   Look at the evidence Before you start Read More…

Pioneering the Future: Cryptocurrency Payments Redefining Everyday Transactions

Revolutionizing Finance: The Rise of Cryptocurrency Payments – Explore the transformative impact of cryptocurrency payments in the modern financial landscape. This article delves into how digital currencies like Bitcoin, Ethereum, and Litecoin, powered by blockchain technology, are redefining transactional processes. Cryptocurrency payments have emerged as a disruptive force reshaping the financial landscape. These digital assets, Read More…

Streamlining Small Business Accounting: A Guide to Synoptic Journal Bookkeeping

For many small business owners, the thought of diving into accounting and bookkeeping can be daunting. However, maintaining accurate financial records is crucial for the success of any business. Fortunately, there’s a straightforward method that doesn’t require prior accounting knowledge and won’t cost a dime. This guide will introduce you to a simple synoptic journal Read More…

Injunction sought against new law on independent contractors

(The Center Square) – Less than two months before implementation, a federal law impacting gig workers is being challenged in a Georgia court. Founders of Fight for Freelancers, a coalition of more than 2,500 independent contract workers in varying professions, seeks an injunction to prohibit enforcement of the new law announced this month by the Read More…

Small businesses seek to avoid possible credit crunch as Federal Reserve raises rates once more

Small businesses – the heartbeat of the U.S. economy – are beginning to feel the pinch of tighter credit conditions as the Federal Reserve continues to increase borrowing costs. A flurry of headlines in recent weeks has suggested a credit crunch – meaning the availability of lending gets scarcer – is already happening. That’s in large part brought on by the actions of Read More…

Consumer protection agency looks to increase transparency for small business loans

The Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses. If finalized, the federal agency’s rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons for which lenders deny a loan. The rule would help regulators learn how entrepreneurs Read More…

Biden’s $80 billion plan to beef up IRS audits may target wealthy small business owners

President Joe Biden is asking for $80 billion to help the IRS crack down on tax avoidance from wealthy Americans and big corporations. The proposal seeks a boost in enforcement staffing, technology and additional bank reporting, measures that may generate an estimated $700 billion in tax revenue over the next decade. However, some financial experts say the Read More…

SBA launches $5B grant program for small businesses. See who gets the money

Small businesses and nonprofit groups hardest hit by the coronavirus pandemic now are eligible for additional support under a $5 billion Small Business Administration program The new round of Economic Injury Disaster Loan assistance, known as Supplemental Targeted Advances, is available for up to 1 million small businesses and nonprofits with no more than 10 employees. Here’s Read More…

Small businesses expect longer, milder impact from pandemic

The Census Bureau released new phase two data from its Small Business Pulse survey last week, showing some of the sectors most impacted by the coronavirus pandemic. What they found: Hiring and rehiring have slowed and businesses now broadly say they expect recovery from the pandemic to take much longer than previously thought. 44% of respondents expect recovery will take Read More…

9 Montana Communities Awarded Main Street Program Grants

HELENA, Mont. – Nine Montana communities will share $118,000 through the Montana Main Street Program to support historic preservation, wayfinding, and revitalization plans for their downtowns. “Montana’s vibrant and charming towns are what attracts visitors, keeps residents and encourages downtown business growth,” Montana Department of Commerce Director Tara Rice said. “These Montana Main Street Program grant dollars Read More…

GTUIT Gets EcoStar Award

GTUIT, LLC, Billings, MT was awarded the EcoStar Pollution Prevention Award for 2019. The award was presented at a reception hosted by Governor Bullock at the State Capitol Rotunda in Helena. The award recognizes GTUIT for taking environmentally responsible steps to reduce air emissions in oil producing regions, maximize upstream oil and gas operation efficiencies, conserve Read More…

NFIB Joins Suit on Climate Change

NFIB (National Federation of Independent Business) has filed a friend-of-the-court brief in Juliana v. United States—urging dismissal of a controversial lawsuit, which seeks to compel the federal government to more aggressively address climate change. The brief was filed in conjunction with the Texas Public Policy Foundation and other concerned businesses and business groups. The case Read More…