By Jason Fell As more business owners utilize technology such as cloud computing and mobile devices and apps, the risk of hackers accessing money and sensitive business data becomes more real. The House Committee on Small Business addressed this issue today during a special hearing called, “Protecting Small Businesses Against Emerging and Complex Cyber-Attacks.” “Small…
Business Owner Waves White Flag After Battering From Inflation, High Energy Prices, Globalisation
March 31, 2023
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On the same day Australia’s top leaders were busy revealing details of the impending “Voice” referendum—garnering national media attention—business owner Arif Memis was scrambling to hold the fort around his embattled Cowch Dessert Cocktail Bar. Bruised and battered by a series of crises—some natural, some government-made—Memis has been forced to hand over the keys to…
Life Insurance Tactics for Small-Business Owners
Having a small business often means that it is the only income available to support a family. Fluctuations in business can result in money being tight at times. In the event of the business owner dies, the family can suddenly be put into dire straits financially, with the only way out being to sell the…
4 Trends All Small Business Owners Should Be Aware of in 2023
By Oliwia Szczekot The beginning of a new year often comes with a laundry list of goals and to-dos, which can quickly become overwhelming if you try to tackle too much, too fast. I’ve always approached resolutions by setting short and long-term goals spanning the entirety of the year—after all, we have 12 months to…
Small-Business Optimism Dives to Six-Month Low, Inflation Cited as Top Problem
January 11, 2023
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Optimism among small businesses continues to remain weak amid decades-high inflation and concerns about the future of the economy, the latest survey by the National Federation of Independent Business (NFIB) shows. The NFIB Small Business Optimism Index fell by 2.1 points, to 89.8, in December, which is the twelfth consecutive month it remained below the…
Inflation and Poor Economy, Not Racism, Harm Minorities: Entrepreneur
January 10, 2023
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After testifying at the congressional Ways and Means Committee hearing titled “Overcoming Racism to Advance Economic Opportunity” in April 2022, Alfredo Ortiz, president and CEO of Job Creators Network, was so annoyed that he wrote a book. The cover of Alfredo Ortiz’s new book, “The Real Race Revolutionaries: How Minority Entrepreneurship Can Overcome America’s Racial…
Cheques Make a Comeback as Small Businesses Look to Avoid High Credit Card Transaction Fees: Bank of Canada
January 7, 2023
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The paper cheque is gaining back its popularity among small businesses as they look to offer more payment options to avoid the high transaction fees that come with accepting credit cards, according to a study by the Bank of Canada. “Merchants mentioned accepting a wider range of payment methods because they need to make sales…
Ottawa’s Climate Reporting Goal Said to Be ‘Onerous’ for Small Business
News Analysis Ottawa has committed to turning Canada into a global leader in environmental, social, and governance (ESG) reporting, and as the time draws nearer for new regulations to hit public companies, analysts say small business stands to get hit disproportionately hard. Regulations are being crafted by international bodies to ensure consistent global standards. They…
Small Business Confidence in Canada Hits One of Lowest Levels Ever, CFIB Says
Small business confidence in Canada has hit one of its lowest levels ever amid fear of a Christmas recession, according to the Canadian Federation of Independent Business (CFIB). The federation reported on Nov. 24 that the confidence of Canadian small business owners is on a downward trend for the third consecutive month, and their outlook…
How to Stand Out to Small Business Investors
Has your dream always been to own a business? Perhaps you have an invention you can’t wait to get into the hands of the masses. Whatever the reason, if you’re seeking small-business investors, you’re competing against thousands of others trying to secure financing. How can you stand out from the crowd and show you have…
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