Tag Archives: Small

UPS Store steps up to help small businesses ‘close the deal’ on Small Business Saturday

Small Business Saturday is a big deal for many independent businesses, with millions of shoppers expected to shop small on Saturday, November 25. Not all business owners will win the day simply by opening, however – they need to close deals by turning browsers into buyers and repeat customers, and the UPS Store is helping by offering a Closer Kit. The Small Business ... Read More »

The Three Best Sources of Small Business Loans Today

With stock markets performing well and optimism over President Trump’s tax cuts, small business lending is thriving in 2017. For the first time since before the start of the Great Recession a decade ago, big banks are now approving one quarter of the loan applications they receive. According to the latest Biz2Credit Small Business Lending Index, loan approval rates at big banks climbed two-tenths of ... Read More »

House Committee Approves Small Business Tax Changes

The House Ways and Means Committee last week approved a revised bill that would lower taxes for many small business owners, and Senate Republicans are also proposing changes in the tax laws. The House bill provides for a 25 percent tax rate for many sole proprietors, partners and shareholders in what are known as S corporations. These owners have what are called ... Read More »

Watchdog threat to RBS over treatment of small business customers

The RBS logo hangs behind glass at the bank’s headquarters in London. Photograph: Andy Rain/EPA The Financial Conduct Authority is considering whether it can take action against Royal Bank of Scotland over the way it treated its small business customers in the five years after the 2008 banking crisis. Publishing a summary of a report it commissioned on the bank’s controversial global restructuring group ... Read More »

Small business lending in Mexico gets a boost

Micro-lending and small business financing are a critical component of economic growth in around the world, and the need for access to low-cost capital is especially important in developing countries. The Catch-22 is that these countries are also the ones where the lending markets are the least developed and where most financial institutions are reluctant to lend money to people ... Read More »

ADP Reports Overall Job Losses at Small Businesses for First Time This Year

Small businesses are seeing overall job losses for the first time this year, but the news is not all bad. September 2017 ADP Small Business Report According to the September 2017 ADP Small Business Report small businesses lost 7,000 jobs overall last month. This is the first month this year that ADP (NASDAQ:ADP) is reporting job losses rather than large job gains at ... Read More »

GST tweaked, relief for small businesses

October 6, 2017: The GST Council, chaired by Union Finance Minister Arun Jaitley, met in New Delhi today. Prime Minister Narendra Modi had asked the GST Council to review all the problems arising from the new indirect tax regime. The council deliberated on GSTN glitches and issues faced by exporters. Jaitley addressed the media after the meeting. Change in rates ... Read More »

GST Council Meets Today, Breather Likely for Small Businesses

New Delhi: The all-powerful Goods and Services Tax (GST) Council will hold its 22nd meeting on Friday and is likely to consider relaxing the return filing cycle for small and medium enterprises. Implemented on July 1, the GST replaced 17 central and state taxes to unite the country as one market but has been facing starting trouble. Among the challenges are ... Read More »

4 Big Business Strategies That Small Businesses Can Use

Eventually, you would want your small business to grow into a big business, right? Many start-ups and small businesses get intimidated in a competitive marketplace. There are many big-business growth strategies that might work for you. While not every strategy will work for a small business, there are some strategies that small businesses can use: Market segmentation: If you are starting ... Read More »

How to Get an Intern in Your Small Business

  Internships are a win-win in business. An internship acts as an opportunity for a student to get real-world business experience and learn more about their chosen field. For the business, the intern acts as a cheap source of labor for a period of time. As long as you are willing to invest time to teach the intern something valuable ... Read More »