On occasion, an employee may experience serious financial problems and share them with you—the boss and small business owner. Many employees are still reeling from COVID-19-related problems and now, with high inflation, may face new financial challenges. For owners, being compassionate is a good quality, but also be aware of some issues if you want to help. Paycheck advances An employee may … [Read more...]
Omicron Triggers Business Outcry for Washington lifeline
A sign on the door of a coffee shop in Manhattan asks for proof of vaccination and the wearing of a mask on Dec. 13. | Spencer Platt/Getty Images The Omicron surge is forcing pandemic-battered businesses to once again scale back and close their doors, energizing a lobbying push for billions of dollars of new aid for struggling employers and their workers. The question Congress will face when it … [Read more...]
Small Business Loan Approval Rates Continue Upward Trend at All Lenders – Small Business Trends
Small business loan approval rates at big banks have continued an upward trend, increasing from 14.1% in October to 14.2% in November. Biz2Credit Small Business Lending Index Report – November 2021 The data comes from the latest Biz2Credit Small Business Lending Index. Small Bank Lending Increases Asides lending to small businesses from the big bank witnessing a rise, small bank approvals for the … [Read more...]
Small-Business Outlook: 6 Predictions for 2022
Small-business owners looked to 2021 as a chance to rebound and rebuild from nearly a year of coronavirus-induced losses. Instead, many were dealt repeated blows with supply chain backups, unfilled “hiring” signs and renewed restrictions and mandates. NerdWallet - NerdWallet The year wasn’t a complete bust, though. Entrepreneurship grew at a record pace in 2021, with more than 4.6 million … [Read more...]
Online Lender Kabbage Launches New Credit Program For Small Businesses
Now that it has the backing of American Express ( (AXP) - Get American Express Company Report), online lender Kabbage is launching a new credit program for small businesses. The online lender founded out of Atlanta in 2008 was purchased by American Express in the summer of 2020 for an undisclosed amount. Since then, the company has continued to expand its reach of small businesses … [Read more...]
What Small Businesses can do to Decrease Their Tax Bills
Like many Certified Public Accountants, Daniel Nickischer, a partner in RKL’s Reading office, has some basic advice for his clients. Keeping track of your taxes is a year-round job, not just around the filing deadline. The gentle reminder is to help keep things flowing and prevent any last-minute additions that could delay the process. “My first advice is it shouldn’t be something that we … [Read more...]
Where to Get Free Money to Start a Small Business
Money moves a small business growth engine. But finding a business loan is not easy when you have just a business idea. In such a situation, you often think – how do I get free money to start a business? The good news is you can get free money to start a small business. Many organizations, government and private, offer business grants to help people realize their dream of running a … [Read more...]
Winnebago Industries’ First Quarter Fiscal 2022 Financial Results Announcement to be Made on December 17, 2021
EDEN PRAIRIE, Minn., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, plans to issue its earnings release for its first quarter Fiscal 2022 before the market opens on December 17, 2021. The Company will also host a conference call to discuss the financial results for the quarter on Friday, December 17, 2021, at 9 a.m. … [Read more...]
Should I Take Out a Personal Loan to Start a Business?
Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as "Credible." While the U.S. Small Business Administration (SBA) offers SBA loans to new and established small business owners, these … [Read more...]
Couple Launches Company to Increase Access to Capital for Small Businesses
ATLANTA, Dec. 6, 2021 /PRNewswire/ -- Marcel and Sabrina Jean are providing small businesses the opportunity to fund their ventures without a bank and with minimal hassle through their widely successful company FundMore Capital. Continue Reading FundMore Capital Founded in 2020, FundMore Capital seeks funding for small businesses or startups across a myriad of industries … [Read more...]
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