Business Resources

Partnership Grant Funds Business Development in New Orleans

Small Business New Orleans

NEW ORLEANS, LA (August 31, 2018) - A $6,000 Partnership Grant to New Orleans nonprofit Urban Conservancy will fund programming to educate business owners in the greater New Orleans area.

“Receiving the grant enabled us to be creative in our programming,” Abigail Sebton of Urban Conservancy said. “It is incredibly important to both create programs and to strengthen relationships between local organizations and their banking partners in the Greater New Orleans area.”

Read the article here.

FCC Awards $254 Million to Expand Internet Access to Missouri Small Businesses

Missouri Small Business Financing

ST. LOUIS, MO (August 24, 2018) - The Federal Communications Commission allocated $254.7 million to provide over 95,000 small businesses and homes in rural Missouri with broadband internet service.

“Making sure rural Missourians have access to broadband will improve quality of life and enhance economic opportunities,” Senator Roy Blunt said of the program.

Senator Claire McCaskill called it “an important step toward connecting rural communities throughout Missouri with high-speed broadband — a service that is only becoming more and more necessary for small businesses.”

Read the article here.

Small Business Owners Have Low Confidence in Retirement Prospects

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NEW YORK, NY (February 2, 2018) - A new survey by Paychex indicates that 69% of small business owners have little confidence that they will be able to retire comfortably.

Only 20% of small business owners confirmed that they were very confident in their retirement savings, reflecting a nationwide trend of low confidence in retirement security.

Read the article here.

Building Cybersecurity Awareness

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WASHINGTON DC (January 31, 2018) - The increase in cyberattacks in recent years leaves America’s 30 million small businesses at risk - and yet many business owners are not taking adequate security measures, assuming that they are not a likely target. However, nearly 50% of the American workforce is employed by small businesses rather than larger high-profile companies, leaving millions of workers vulnerable.

“Small businesses are targets, and many are unprepared for cybersecurity challenges including ever-changing and increasing threats from malware, viruses and ransomware against intellectual property and company data,” writes Maria Roat in The Washington Times. “Nor are they adequately prepared to recognize or respond to an internal or external incident.”

Read the article here.

Achieving Success in the Online Business World

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NEW YORK, NY (January 26, 2018) - Building an online business is an incredible challenge that requires a unique mindset and approach. 

Suhaib Mohammad at Entrepreneur offers seven ingredients that business owners need to thrive and grow a business in the online business world. “The arrogance of success," he quotes William Pollard, "is to think that what you did yesterday will be sufficient for tomorrow." 

Read the article here.

Coping with Stress for Business Owners

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LONDON, UNITED KINGDOM (January 25, 2018) - Running a business can be an immensely satisfying experience, but the mental and emotional burden is heavy. Many entrepreneurs work independently or remotely, limiting social contact and sense of community. Business owners are responsible for their employees, paying the bills, and the success of the company as a whole.  

The business blog Real Business addresses the often-overlooked issue of wellness and stress relief for business owners, and steps they can take to improve their well-being.

Click here to read more.

Smart Marketing Hacks for Small Business Owners

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NEW YORK, NY (January 24, 2018) - With so many responsibilities, small business owners often make marketing a lower priority. However, marketing plays a crucial role in every business - if people don’t know your product exists, they’re not going to buy it. TGDaily provides some excellent advice on how to streamline and maximize your marketing efforts.

Read the entire article here.

How the Tech World Can Help Small Businesses

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SAN JOSE, CA (January 23, 2018) - Devin Wenig, CEO of eBay shares a compelling Op-Ed in USA Today highlighting the importance of connection and collaboration between the tech industry and the small business world.

“Creating pathways between remote areas and urban centers is beneficial in recirculating economic prosperity. Instead of painting the tech sector and innovation as job destroyers, we need a new model of public-private tech partnership where technology companies and public officials come together to rev the small business engine,” Wenig writes.  

Read the entire article here.

Big Data for Small Businesses

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NEW YORK, NY (January 19, 2018) - Big Data and artificial intelligence have been hot topics in the media lately - and yet most entrepreneurs don’t realize that they can use these tools in their own business.

“The majority of techniques used in Big Data and the Internet of Things (even some artificial intelligence) don’t require a large budget or a huge staff. They only require a willingness to learn and experiment,” the business blog SmallBizTrends reports.

The blog presents a fascinating list of books on Big Data, introducing the opportunities that it offers for business and offering ways to utilize these resources.  

Read the entire list here.

A Guide to Navigating the New Tax Law

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WASHINGTON DC (January 17, 2018) - The Tax Cuts and Jobs Act offers a 20 percent deduction for business income from limited liability companies and S corporations, causing many entrepreneurs to contemplate whether they should incorporate their business. However, the new law provides numerous stipulations that are important for business owners to understand.

CNBC offers a straightforward guide to evaluating and maximizing the tax law for your business. Read the entire article here.