Economy

Shoppers Plan to Spend 25 Percent More at Small Businesses Next Year, New Study Finds

More than a quarter of U.S. consumers say that they’re likely to shop at small businesses more often in 2018 than they did in 2017, according to a recent survey from Vistaprint (NASDAQ:CMPR). Consumer Shopping Trends for 2018 The survey results, which the company released today, offer several takeaways that should have small business owners feeling […]

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11 Percent of Americans Think Bitcoin is Illegal, But Business Use Growing

Close to 11 percent of Americans believe owning Bitcoin is illegal, but almost half or 47.71 percent are also not sure. This is according to a poll commissioned by LendEDU and carried out by polling company OnePoll. Are Bitcoins Legal? Bitcoins are legal, however, the perception that they’re not is slowing its use. From the

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Expert Tells House Committee Small Businesses Need Their Own Regulations

Small businesses need their own regulations. That was the sentiment shared by Phillip K. Howard, founder of the non-profit organization Common Good, at a hearing before the U.S. House of Representatives Small Business Committee recently. His argument, in general, states that overly complicated regulations place a huge burden on small businesses. The costs per employee

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Will Small Businesses See Relief as Oil Production and Gas Prices Return to Normal After Harvey?

ExxonMobil restarted one of the country’s largest refineries in Texas Saturday after flooding from Tropical Storm Harvey forced the oil producer to take the facility offline for nearly a week. Exxon told reporters the company began resuscitating the Baytown refinery Friday. The facility, which was closed Aug. 27 because of heavy rainfall from Harvey, can churn out more

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New Canadian Tax Legislation Could Be Hugely Damaging to Small Businesses

A set of proposed tax code changes in Canada could potentially have a negative impact on small businesses north of the border. And even though U.S. businesses might not see any immediate impact due to these changes, the impact on partners, clients and others in Canada could eventually make a difference to U.S. businesses as

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As Harvey Passes, Texas Small Businesses Face Struggle Ahead

As Tropical Storm Harvey moves towards Louisiana, catastrophic flooding continues resulting in increased damage for small businesses and homeowners around Houston and the Texas coast. But in the weeks and months following the storm, small businesses in the area may find their greatest challenge is trying to find a way to get back up and

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[POLL] What Should Congress Debate First to Help Small Businesses?

Members of Congress are set to return from their August recess on Sept. 5. When they come back, they’ll be under increasing pressure from President Donald Trump and small businesses across the country to start passing some helpful legislation. What Do Small Businesses Want Congress to Do First? Prior to the recess, members of the Senate

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5 Practical Ways Bitcoin and Blockchain Can Impact your Small Business

With all the buzz around blockchain tech and cryptocurrencies, small businesses might feel left out. Even for those who are not necessarily cutting-edge in terms of tech, these five tips can empower entrepreneurs and small businesses in leveraging bitcoin and blockchain as cryptocurrencies for their financial and other needs. Using Bitcoin and Blockchain in Your Small

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Proposed New York Law Could Require Government to Buy American

You’ve already heard about some of the “Buy American” initiatives that are attempting to support American manufacturers. But what if buying American made products was actually required by law? That’s what one lawmaker has proposed for certain government purchases in central New York. Ted Morton is an Erie County Legislator who has proposed this new

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Small Business Sees No Impact from Trump Policies

American small business worries more about getting startup capital than the regulatory requirements that can block their path once they get going. As well, neither rural or urban respondents have much faith in President Donald Trump’s small business policies are having an impact. Conflicting Agendas: The Real Impact of Trump on Small Businesses These are

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