The U.S. Small Business Administration (SBA) has declared that small nonfarm businesses in 12 South Dakota counties, along with neighboring counties in Iowa and Minnesota, are now eligible to apply for low-interest federal disaster loans. The move aims to offset economic losses incurred due to reduced revenues in the wake of the ongoing drought, which…
The campground industry is booming. It’s the fastest-growing segment of the tourism industry. It’s a great choice for entrepreneurs looking for business ideas related to the outdoors. That’s because campground owners can start small, with just a few scattered rustic tent sites. As the campground small business grows, the number of campsites can evolve along…
Have you dreamed of conquering the business world? Are you looking for ways to sharpen your entrepreneurial skills while having fun with relaxing games? Art mimics life in many of today’s top tycoon games, and aspiring entrepreneurs can live their fantasies of running thriving organizations in a virtual environment. Whether your avatar is running…
Wells Fargo Bank announced increases in their prime lending rates to 8.50 percent, up from 8.25 percent, effective July 27, 2023. The move signals an increasing cost of borrowing for individuals and businesses alike, particularly impacting small businesses reliant on bank financing. With approximately $1.9 trillion in assets, Wells Fargo serves one in three U.S.…
One of the biggest differentiators in business is excellent customer service (CM) and customer experience (CM). With so many channels for customers to show their dissatisfaction, it is more important than ever to provide the best possible service. Reuters Events: Customer Service And Experience East 2023 brings industry leaders to teach business owners how to…
As a small business owner or an entrepreneur, you’re constantly looking for tools that can enhance your brand, engage your customers, and effectively communicate your key messages. One such tool that has stood the test of time is the letter board. These versatile, changeable letterboards have found their place in modern businesses, providing an analog…
American Honda Motor Co. Inc. has issued a recall of its Honda Portable Generators due to potential fire hazard concerns. The recall announced recently, is vital to small businesses, especially those utilizing portable generators for operational purposes or during power outages. The generators in question carry the model number EU7000is. They are red and gray…
Technology is evolving faster than ever. And that means businesses have access to an ever-changing list of tools and strategies. If you have trouble keeping up with all these options, you’re not alone. Members of the online small business community have experience determining what types of technology are most relevant for their businesses. Read their…
Small business grants provide just one avenue of support for local economies. Loans, technical assistance, and other initiatives can also make a positive impact. This week, several local groups and government organizations launched programs to support small businesses in their communities. Read on for a full list. Albany Small Business Vitality Assistance Program Albany, New…
A New Jersey tax preparer has been arrested over alleged fraudulent claims for COVID-19-related employment tax credits. Leon Haynes, of Teaneck, New Jersey, allegedly sought over $124 million from the IRS by filing over 1,000 fraudulent tax returns. During the pandemic, Congress authorized an employee retention tax credit known as the “employee retention credit” (ERC)…