A recent report highlights a worrying trend in the world of small business contracting. Over the past decade, the number of new small business contractors has seen a significant decline. Many experts believe this downturn indicates a broader issue within the government contracting ecosystem. Part of the decline may be attributed to the increasing […]

  Shoppers hunting for home decor and furniture are increasingly seeking out small businesses. They appear drawn to the unique options that smaller enterprises often provide. Local shops offer personal service that larger chains can’t match, building a sense of community and trust. This growing trend is shaping the retail landscape, especially within the interior

Business owners across the nation are increasingly worried about the state of the economy, causing many to push back their retirement plans. Inflation, supply chain disruptions, and labor shortages have created an environment of uncertainty. Small and mid-sized businesses feel these impacts particularly hard. The rising costs of goods and services make it difficult for

The article discusses the critical importance of cybersecurity for businesses in today’s digital age. It emphasizes that no business, regardless of size, is immune to cyber threats. Cybercriminals are always on the lookout for vulnerabilities they can exploit, making every business a potential target. The increase in remote work has further heightened these risks, with

Summary Portsmouth Public Schools have introduced a small-scale rapid testing program aimed at curbing COVID-19 among elementary students. Operating at Victory Elementary School, the pilot includes testing for symptomatic students twice a week. The initiative hopes to identify cases swiftly to prevent outbreaks. The program includes voluntary participation, meaning parents must sign consent forms. Health

Summary The article on The Villages Daily Sun highlights the recent trend among small businesses finding success with a mobile model, especially amid the pandemic. Entrepreneurs are embracing this flexible approach to reach customers more effectively. For instance, mobile businesses such as food trucks, pet grooming services, and boutique shops have seen an increase in

Your Company Is Not Your Family The article titled “Your Company Is Not Your Family” provides insights into the growing trend of companies branding themselves as familial units. Corporate leaders often say that their businesses treat employees like family members to foster loyalty and commitment. However, the author argues that such sentiments are generally misleading

Article Summary Starting and running a small business can often come with financial challenges. One way entrepreneurs can secure additional funding is through small business grants. These grants, unlike loans, don’t need to be repaid, making them an attractive option for business owners looking to grow without accruing debt. However, finding the right grant can

Summary More small businesses are stepping back from pursuing federal contracts due to increasingly stringent reporting requirements. There’s a growing concern that these requirements are placing too much of a burden on small business owners, making it harder for them to compete. Many feel overwhelmed by the complex procedures and detailed information they must provide.

Summary Running a small business comes with its own set of legal challenges. Intellectual property is a significant area where legal attention is crucial. Protecting ideas, brands, and inventions can save future headaches. Employment law represents another complex field. Legal counsel helps navigate employee rights and ensures regulatory compliance. Understanding contracts is vital for small

Article Summary After severe storms swept through Nebraska and Iowa, affected residents can now access various aid resources. The states have mobilized quickly to provide assistance for those facing the damage left in the wake of the inclement weather. Offering a range of support, including financial help, housing assistance, and emergency supplies, these resources aim

Lengthy construction projects can seriously impact small businesses, often reducing customer foot traffic and overall sales. Various strategies can help local businesses survive these challenging periods. One key approach is to improve communication. Regular updates about construction timelines and progress can manage customer expectations and reduce frustration. Additionally, local governments and construction companies can provide

Small businesses in Utah are feeling the pinch from inflation and rising costs. The article explains how increased expenses are putting a squeeze on the already tight profit margins of these local enterprises. Many shop owners are struggling, trying to balance higher prices for supplies and materials with keeping their prices reasonable for customers. Efforts

Summary The National Institute of Mental Health (NIMH) emphasizes the crucial role that innovation plays in addressing mental health challenges. Dr. Joshua Gordon, the Director of NIMH, highlights how small business programs are fostering technological advancements. Through initiatives like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, NIMH supports the

Summary of Business Article Businesses facing financial difficulties now have fewer options available when considering bankruptcy. Recent changes have altered the landscape significantly for companies. Lawmakers have modified some rules, restricting the avenues for businesses to restructure their debts. This new shift could potentially affect numerous businesses looking for relief. Creditors might stand to benefit

Hispanic-owned small businesses are showing significant resilience and growth, despite the ongoing challenges posed by the COVID-19 pandemic. These enterprises have been essential in stimulating the economy and creating new jobs. Many Hispanic business owners have adapted quickly, leveraging technology and innovative strategies to maintain and expand their operations. Recent studies reveal that Hispanic entrepreneurs

The Yuma Small Business Development Center recently organized an exciting Moonshot Pitch Competition. This event gave local entrepreneurs the opportunity to present their innovative business ideas to a panel of judges. Aspiring business owners showcased their creativity and vision in hopes of receiving support and funding for their projects. Participants had a limited time to

Small business owners still rank inflation as their primary concern, according to a recent survey. The study highlights that increasing costs for goods and services are severely affecting small businesses. These rising expenses cut into their profit margins, making it difficult to sustain operations. Several owners reported having to raise their own prices to cope,

Virginia Governor Glenn Youngkin recently unveiled substantial funding aimed at enhancing a historic site and supporting small businesses. This announcement came during a visit to Fort Monroe, a landmark with significant historical importance. Not only did the governor highlight the cultural and educational value of preserving such sites, but he also emphasized the economic benefits

In the heart of a bustling city, a formerly homeless hair stylist has managed to transform his life using the platform TikTok. This digital journey highlights his resilience and innovative spirit. Through creative videos, he shares not only hairstyles but also snippets of his struggle and triumph. With every post, viewers are captivated by his

Small businesses are finding new ways to thrive with the help of artificial intelligence (AI). This innovative technology is transforming how these companies operate. From enhancing customer service to streamlining operations, AI tools are providing significant benefits. Entrepreneurs are integrating AI chatbots to handle customer inquiries more efficiently, freeing up human employees for other tasks.

Atlanta Water Crisis Aid for Small Business Owners Local small business owners in Atlanta are likely to receive support following a significant water crisis. This assistance comes after heavy rains led to water contamination, causing considerable disruption. Many businesses were forced to shut down temporarily, creating financial strain. City officials announced potential aid to ease

Article Summary The upcoming small business conference set to take place in Camden promises a wealth of opportunities for entrepreneurs and local business owners. Scheduled for next month, the event aims to foster networking, provide educational workshops, and offer valuable resources. Organizers have lined up a series of expert speakers who will share insights on