The widespread economic disruption triggered by COVID-19 in the USA had left the small business segment battered and bruised. The initial impact of the pandemic in America in March 2020 was extremely shocking, both for health and the economy. Rampant closure of businesses almost overnight and surging unemployment that reached levels never seen since the […]
Tag: US Small Business Updates
The Economic Dynamics Of SMBs After The Pandemic
Pandemic has brought sales and businesses on their knees. The changes are immense and forced the world to emerge into newer operations and opportunities. Small, medium, and even large businesses are all experiencing challenges. To explore the SMB (Small and Medium business) manufacturing of post covid & issues; you must foremost comprehend the extent of […]
United States Small Businesses Borrow More
In January 2014, small businesses in the United States took more loans than a year before. The amount of financing to the small companies is measured by the Thomson Returns/PayNet Small Business Lending Index. In January 2014, it rose to 117.2, which is four percent up than a year earlier. Small businesses take loans to […]
Strategic Partnership between Godaddy and Microsoft to help Small Businesses
Software giant Microsoft and Godaddy – the web hosting and domain name company announced their new partnership on 13 January 2014. The objective of this strategic partnership is to offer “Office 365” service to the small businesses. Today, this service is available in the US and Canada, and may expand worldwide by next three months. […]
How was Shopping Season in 2012 for SMBs
It is difficult to trace small and medium businesses direct sales. In case of online sales, there is some data available from different sources. Now we will look into how the SMBs are performed in the year 2012 holiday shopping season. Small online merchant holiday sales of 2012 According to a case study, the holiday […]
Nominations for SBA’s National Small Business Week Awards 2014
Since its establishment, the United States Small Business Administration (SBA) has been helping small businesses in different forms including financial help – loans, contracts, guarantees for loans, professional and other forms of assistance. SBA encourages healthy growth of small businesses and rewards for good performance every year. Keeping the convention, SBA are soliciting nominations for […]
Ink from Chase Survey: Like Major Retailers, US Small Business Owners Prepare for Early Holiday Promotions
A new survey of small business owners from Ink from Chase shows that major retailers, small business owners are preparing for the holiday rush even earlier this year. More than 34% of small businesses are planning for promotions beginning on or before Thanksgiving Day, 47% are increasing marketing or inventory and 22% are planning to […]
US Small Businesses Health-Care Costs are Rising UP
According to the survey by National Federation of Independent Business (NFIB), by 2014 US small business owners are planning to increase health-care cost as to meet the individual mandate of the Affordable Care Act. The NFIB surveyed 921 small business owners are found that, two-third of them reported that they have increased health-care cost this […]
American Small Business Credit is Healthy Even After Government’s Shutdown in October
The American small businesses showed the rise in credit balances and decrease in non payment in October even after the government was shutdown. Small businesses in the west are doing better than there in the east. The overall performance of small businesses across America is good. According to Moody’s Analytics report, the small business credit […]
Impact of Small and Medium Businesses on US Economy
The number of small businesses in the United States has increased by 49% since 1982. Today, small and medium businesses are the backbone of the country. SMBs contribute a major part in country’s economy and job creation. Following are some facts that will ‘change your mindset’ towards small businesses.