The $500+ billion-a-year federal marketplace provides tremendous opportunities for small businesses. And the federal government goes out of its way to award the contracts to small entrepreneurs across the country. This has resulted in a banner year for 2018, with more than $120 billion in prime contracts awarded to small businesses. For the sixth year […]
Small Business Government Contracts in 2018 Break New Record Read More »
Generation Z is on track to be the most money-driven, financially powerful generation ever. This generation’s unique habits will play a vital role in shaping America’s commerce. Young people’s consumer habits will also be a key driver in influencing retail practices in the future. This was the finding of a new report released by Morning
Gen Z Adults Driven by Money, Success More than Anyone Read More »
The confidence of small business owners is overwhelmingly high. According to Provident Bank’s Small Business Confidence Survey, 80% of owners feel this way. Small business owners expect the revenue of their business to improve over the next year. And another 60% also believe the current economic climate is having a positive impact on their business. So
80% of SMB Owners Expect Revenue to Rise as Confidence Stays High Read More »
Texas Governor Greg Abbot signed the “Lemonade stand law” on June 10, 2019, to prevent police or code enforcement officers from shutting down lemonade stands run by kids. The governor called it a “common sense law” on his Twitter feed. It’s now legal for kids to sell lemonade at stands. We had to pass a
Texas Lemonade Stand Law Prevents Police from Shutting Down Stands Read More »
The longer the US trade war with China continues, the more it will affect small businesses. And according to the latest survey from BizBuySell, it is proving to be true. Almost half or 43% of small business owners said the Chinese tariffs is increasing their costs. Small Business Impact of Chinese Tariffs For 64% of
43% of Small Businesses Say Chinese Tariffs Will Increase Their Costs Read More »
The gig economy is allowing people to work when and where they want. And increasingly baby boomers are making up a larger percentage of this workforce. So much so, 31% of them are completing more than three gigs a week. Baby Boomers Working Gigs According to a new report from Wonolo, baby boomers have become
31% of Baby Boomers Completing More than 3 Gigs a Week Read More »
Roughly one third of surveyed American companies in China will cancel or delay investments in the country due to the ongoing trade standoff with the U.S., according to a May report from the American Chambers of Commerce in China and Shanghai. Even more of those companies, roughly 40 percent, said they are considering moving their
American Companies Leaving China Amid Trade War Read More »
When President Trump got America out of NAFTA and into the United States-Mexico-Canada Agreement (USMCA) many small businesses expected to benefit from the windfall of the new deal. And according to the U.S. International Trade Commission (USITC), the agreement will have a positive and overarching impact on the economy. The USITC report (PDF) titled, “United
New Data Suggests Small Business Are Winners in USMCA Deal Read More »
There’s good news for small businesses. The interest rates are holding steady and there’s good GDP numbers out. Small Business Trends talked with Mark Davis, national managing partner of Deloitte Private Enterprises for Deloitte & Touche LLP. How to Manage Business Growth He offered 8 suggestions on what small businesses can do during this upswing
8 Ways to Manage Business Growth in These Good Economic Times Read More »
President Donald Trump has announced the start of National Small Business Week (NSBW). The week honors entrepreneurs who drive the U.S. economy. And it runs from May 5 to 11. Public and private organizations come together to celebrate for the event. And they also support the American entrepreneurial spirit. The small business segment makes up
President Trump Proclaims Start of National Small Business Week 2019 Read More »
