Small Business News

Flip Fit Makes Customer Returns Part of Their Business Model

A new online clothing platform uses social interactions to narrow down style choices. It also adds preprinted UPS labels to simplify returns.  Flip Fit is geared to Gen-Z and Millennial shoppers. Small Business Trends contacted Flip Fit founders Jonathan Ellman and Nooruldeen “Noor” Agha to learn more. “Fashion shopping has always been a social experience,” […]

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66% of Customers Look for Social Proof Before Making Online Purchases

A whopping 66% of customers are more likely to purchase a product if it has some form of social proof that it is a quality item, via likes, reviews, mentions, testimonials, public endorsements and more. When it comes to social proof, 82% of consumers believe positive ratings and reviews are the most trusted form of

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2020 small business expectations revealed in this new report

More than three-quarters of business leaders believe their business will be equally or more profitable in 2020. 55% of executives said they think their business will definitely be more profitable in the forthcoming year compared to 2019. 2020 Small Business Expectations Advisory and accounting firm EisnerAmper LLP compiled this research. They surveyed around 940 business

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Top Stories: New Amazon Sellers See Big Earnings, IRS Tool Helps with Taxes

Digital commerce is responsible for providing individuals and small business owners with fantastic entrepreneurial opportunities. So, it is not surprising when a new report from Jungle Scout revealed new sellers on Amazon averaged $26K to $810K per year in profits. Granted the higher revenue comes from large companies, but even at the low end, it

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43% of Small Biz Owners Support a Minimum Wage Increase, 39% Do Not

The issue of the minimum wage increase is a divisive one. The latest national survey from SCORE and OnDeck highlights this very point. The data shows it is almost a statistical tie, with support for an increase only four percent higher than against (43% to 39% respectively). Minimum Wage Increase Statistics However, a clear majority

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New Amazon Sellers Average $26k in Profits in First Year, Survey Reveals

Third-party sellers on Amazon account for almost half of all sales on the platform. And in 2018 there were 1,029,528 new sellers. According to a new report from Jungle Scout, new sellers on Amazon are earning between $26,000-$810,000 per year in profits. Whether you are selling full-time or supplementing your income on Amazon, those are

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IRS Tool Helps Small Businesses Calculate Income Tax Withholding

It is said death and taxes are for certain, but you can definitely add the complexity of the tax system to that mix. With that in mind, the Internal Revenue Service (IRS) has launched the Income Tax Withholding Assistant for Employers. This is a new online assistant to help small businesses calculate income tax withholdings

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Trucking Companies Abruptly Closing, Mismanagement Claimed

Two trucking companies abruptly closed down in the past several weeks, leaving truckers stranded on the road. And it couldn’t have come at a worse time, just before Christmas. The economy is usually blamed for a business shuttering. But in these cases the cause may be more about mismanagement. G.D.S. Express, an Akron Ohio based

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