If the Senate approves the Small Business Development Centers Improvement Act of 2022 (HR6445), the program will be recharged with an increase of $40 million annually. HR 6445 would reauthorize the 2019 SBDC Act (HR 4406) which would end in 2023. If approved by the Senate, HR 6445 would run through 2025. HR 6445 –…
The first week of May is National Small Business Week, where we celebrate entrepreneurs and recognize all the hard work it takes to start a business. Many people across the U.S. have a business idea or entrepreneurial aspirations – but not everyone takes action. For some, this inaction is simply due to not knowing the…
This article, “No Cutting In Line and No Do-Overs, Either (CARTOON)” was first published on Small Business Trends Source: Small Business Trends
The numbers contain every detail of the company and its performance. Managing your company’s books requires teaching yourself special skills in different accounting software. And there are many different accounting software available. QuickBooks is one of the most popular accounting software packages and is specifically designed for small and medium level businesses. Brush Up on…
Wouldn’t you love to land a government contract? You know, a nice order from the Federal General Services Administration or the Department of Defense? The Feds have changed a rule in the procurement process which could make that come true for small businesses. The New Buy American Rule from the Biden Administration The Buy American…
This type of insurance covers inventory that’s rented and things you own to generate business income. Think movable items like fixtures, equipment, furniture, and office supplies. Get coverage for an accidental coffee spill on a computer, and/ or damage from a burst pipe or fire. This is important coverage for your business property. What is…
60% of small businesses are facing difficulties in filling open vacancies, as the market challenges of the pandemic continue to bite. Just How Bad is the Labor Shortage for Small Business? New Study Sheds Light The scale of labor shortages within the small business climate in the US was a key finding of Verizon Business’s…
We’re a society that loves cars, even if we hate the things that come with them: buying gas, paying for insurance, and finding a somewhere to park. But while gas prices and insurance rates might be out of your control, you can have some say in how much time and money you spend on where…
The owner of a pawn shop in New Jersey has settled allegations relating to the Paycheck Protection Program (PPP) loan. Pawn Shop Owner Settles PPP Loan Fraud Case Daniel Markus, the owner of the pawn shop, has agreed to pay $50,000 in civil penalties to settle allegations that stipulated the company, in obtaining more than…
As of April 24, 2022, 96% of 2020 PPP loans and 81% of the 2021 PPP loans have been fully or partially forgiven. That’s according to the latest SBA Forgiveness Platform Lender Submission report. 23% Still Haven’t Applied for PPP Loan Forgiveness A very important point to remember about the PPP loan program is you…