Tag: small business week

Small Business Saturday brings dozens of shoppers out | Top Stories
28
Nov

Small Business Saturday brings dozens of shoppers out | Top Stories
Small Business
WAUSAU, Wis. (WAOW) — Another Small Business Saturday has come and gone, with dozens of people taking downtown Wausau to shop small. Allison Magnuson opened The Local in downtown Wausau in 2017, this year is her sixth small business Saturday. “It’s exciting to see so many people out and about today.” said Magnuson. Business owners say the dedicated day makes them feel appreciated. “The feeling that we’re making a difference in our community and in the lives of all of our makers as well.” said Magnuson. She said small businesses are the core of this community. “By supporting small businesses,…
Small business owners calling on customers for support as Small Business Saturday arrives
26
Nov

Small business owners calling on customers for support as Small Business Saturday arrives
Small Business
Leading up to holiday season in past years, Andover native Mike Lamagna ran up and down Newbury Street in Boston, begging everyone he knew who owned a storefront on the busy city avenue to allow him to host a small pop-up event for his business, Long Wharf Supply Co. Not this year, however. Lamagna will live out his dream Saturday when he officially opens his company’s first brick-and-mortar space at 119 Newbury St. It also falls on Small Business Saturday, which business owners and officials say is essential for the long-term survival of local shops. “It’s the one day of…
Small Business Bounce Poker Run to offer a good deal of fun Saturday
17
Nov

Small Business Bounce Poker Run to offer a good deal of fun Saturday
Small Business
Nov. 17—Let’s do the Small Business Bounce again! The 2022 Somerset Junior Woman’s Club Small Business Bounce Poker Run will be held this weekend, offering the opportunity to have a little fun with one’s shopping — while supporting the businesses that are the backbone of the community. “We’re real excited to have everybody involved in it, because it’s a fun event,” said Wynona Padgett of the Somerset Junior Women’s Club (SJWC). “It’s a way to support as many (small businesses) as possible.” This Saturday, November 19, participants are welcome to come to the original Baxter’s Coffee location on Ogden Street…
Small Business Group Challenges Law Requiring Corporate-Ownership Disclosure
15
Nov

Small Business Group Challenges Law Requiring Corporate-Ownership Disclosure
Small Business
A small business group is suing to block a law that was designed to stop money-laundering by rooting out the use of anonymous shell companies. The lawsuit was filed Tuesday by the National Small Business Association in the US District Court for the Northern District of Alabama, and argues the shell-company bill is unconstitutional because it infringes on protected rights of state sovereignty, privacy and due process. The Corporate Transparency Act, the law’s formal name, was passed as part of annual defense spending legislation and signed into law last year. It requires companies with 20 or fewer full-time employees and…
Mass. small business sales mostly won’t trigger ‘millionaire’s tax,’ report finds
24
Oct

Mass. small business sales mostly won’t trigger ‘millionaire’s tax,’ report finds
Small Business
Small business sales in Massachusetts, in the vast majority of circumstances, would not trigger the so-called Fair Share Amendment or millionaires tax, should the contentious ballot question succeed at the polls next month, a new report released Monday finds. Opponents of Ballot Question 1, which would impose a 4% surtax on incomes exceeding $1 million, warn that one-time earnings — including from the sale of businesses — could disproportionately harm small business owners and their nest eggs as they wrestle with the impact of the referendum. Funding from the tax is intended to augment transportation and education spending. But only…
Small Business Optimism Rose in September Despite Inflation Worries
11
Oct

Small Business Optimism Rose in September Despite Inflation Worries
Small Business
An index of small business optimism edged up slightly by 0.3 points in September to a reading of 92.1 as sales expectations rose, according to the National Federation of Independent Business (NFIB). However, the index still remains below its 48-year average of 98, as rising costs weigh on businesses, with close to a third of owners saying that inflation was their single most important problem. About half, or 51% of owners said they are raising average selling prices. As many businesses struggle to clear excess inventories, a net 0% of owners said they planned to invest in inventories in the…
Ottawa could lose more than -billion in CEBA pandemic loans to small businesses
30
Sep

Ottawa could lose more than $5-billion in CEBA pandemic loans to small businesses
Small Business
Export Development Canada’s head office in Ottawa on Feb. 14, 2019.Justin Tang/The Globe and Mail Ottawa may be unable to recoup $5-billion or more of the $49-billion in emergency loans it extended to small businesses during the pandemic lockdowns, according to a government projection. The task of chasing down business owners to collect on the mountain of debt issued during the most acute phase of the pandemic, when many struggled to survive widespread shutdowns, was recently handed by the federal government to the Canada Revenue Agency. Ottawa announced the Canada Emergency Business Account (CEBA) loan program on April 9, 2020,…
Brightflow AI aims to spotlight small business cash flow
29
Sep

Brightflow AI aims to spotlight small business cash flow
Small Business
Cash flow can make or break a small business; in fact, issues in this area account for 82% of small business failures, according to US Bank data. Robbie Bhathal Brightflow AI Robbie Bhathal, co-founder and CEO of Brightflow AI. Image Credits: Brightflow Brightflow AI is injecting technology into this problem with its forecast and analysis tools so that small businesses can assess their cash flow and make data-driven decisions in real time. Brightflow also has a capital lending program to help during times of volatility or periods of high interest rate for traditional capital. The San Francisco–based company’s cash flow…