Biden Administration Begins Initiative to Expand Access to Capital for Small Businesses
The Biden administration is looking to strengthen the small business sector by expanding access to capital, investments, technical assistance and services required to support the companies’ growth initiatives.
As part of the initiative, the administration has proposed rules to diversify the network of private funds and managers that provide long-term debt or equity investments to small businesses and extend additional licenses to nonbank lenders and community development financial institutions, the White House said Tuesday .
The Small Business Administration is also proposing to update regulations governing certain loan programs to ease processing burdens for small business borrowers.
In December 2022,…
3 Cost-Effective Ways to Do Paid Advertising for Your Small Business
It’s a tough market for paid advertising, but these marketers found a way to see results from it.
Justin Fredlender, the VP of growth for vitamin brand Ritual, said to start with one ad channel.
Katie Wilson of snack brand Belli Welli said traditional methods like billboards can pay off.
This article is part of “Marketing for Small Business,” a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business.
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I Didn’t Think I Could Purchase A Company
This story begins with a routine call to help a colleague with a few questions about advertising. We were discussing her business and she mentioned her hope to retire in the near future. Fast forward to the next morning when I was walking our dogs with my husband. I was sharing the conversation with him when he responded with “Why don’t YOU buy her publishing company?”
Honestly, the thought hadn’t crossed my mind and looking back, I am disappointed for the reasons why. In sharing what I learned from my lesson, I thought I could help other female business owners!…
Readout of Roundtable on Capital Access for Small Businesses
Yesterday, the Administrator of the Small Business Administration (SBA) Isabel Guzmán, the Deputy Secretary of the Treasury Wally Adeyemo, American Rescue Plan Coordinator Gene Sperling, and Deputy Director of the National Economic Council Bharat Ramamurti were joined by US Senator John Hickenlooper (D -CO) and small business leaders, advocates, and mission lenders with particular expertise in reaching minority small businesses to discuss the Biden-Harris Administration’s small business agenda to expand capital access, including newly proposed rules from the SBA and historic investments by the Treasury Department in CDFIs. The group includes non-profit mission lender groups, Community Development Financial Institutions (CFIs),…
Dupes offer cheap fashion to Canadians, but small businesses say they’re paying the price
The Current15:57Dupe culture: Why Gen Z is embracing fakes
Read Story Transcripts
Cash-strapped Canadians are on the hunt for “dupes” online, and influencers like Danielle Shaw are showing them just where to find them.
Shaw posts all kinds of money-saving tips to her TikTok account, @canadiandealfinder, and realizes her viewers are particularly interested in products that look and feel like big-name brand items at a fraction of the cost.
“People just started asking like, ‘Hey, where did you get that? It looks like Lululemon.’ And I’m like, ‘Actually, I found it on Amazon Canada. And instead of paying $100, I…
Home Office Harmony: Balancing Comfort and Efficiency in Your Workspace
Home Office Harmony: Balancing Comfort and Efficiency in Your Workspace
In the era of remote work, the value of a well-planned and efficient home office can never be overstated. Striking the right balance between comfort and productivity is crucial to fostering a space where ideas flourish, and work feels less like a chore and more like an energizing pursuit. This article explores how to create a harmonious home office, focusing on key components such as understanding your individual work needs, selecting suitable furniture, employing essential technology, managing distractions, maintaining sustainability, and preventing burnout. With the right guidance, you can transform…
Walmart Adds More Time-Saving Benefits For Small Businesses
Cell Phone with Walmart Business app
Photo courtesy Walmart
Six months ago, Walmart
WMT
introduced a special program for small businesses and non-profit organizations designed to make it easier to shop for their needs at Walmart. It is called Walmart Business. Today the company reveals a new app with more benefits for small businesses. Walmart Business is aimed at helping all small and medium businesses, not limited to retailers. It makes his/her life easier and hassle-free with new fast delivery and pick-up options.
Walmart also unveiled several services that respondents in a survey commissioned by Walmart Business and conducted by…
8 Best Practices of Social Media Management
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Are you working on building and creating your social media channels but aren’t sure what the best practices are for social media management? Maybe you are an expert at social media but haven’t seen the results lately.
In this blog, I’m going to walk you through the 8 best practices of social media management so that you can start to grow your channels, profile, and in extension your authority online. Did you know that your social media channels are a great way to showcase your expertise? By utilizing social media to highlight what you are incredibly skilled…
