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Small Businesses Gear Up for Expansion Despite Economic Headwinds in 2024

In the face of challenging economic conditions, small to medium-sized businesses (SMBs) in the US demonstrate strong confidence and plans for growth, as detailed in Wizehire's comprehensive 2024 Small Business Report.

How to utilize the updated Offers section on your Business Profile

In the competitive landscape of digital marketing and business promotion, leveraging every feature of your online presence is crucial. With platforms like Google My Business offering innovative tools to enhance visibility and engagement, the updated Offers section presents a valuable opportunity for businesses to attract and retain customers

The perspective of Ford and GM auto dealers on Detroit's shift to electric vehicles (EVs) and its impact on their future.

Auto dealers play a pivotal role in facilitating the adoption of electric vehicles (EVs) for companies like Ford and GM, which rely on local franchise owners rather than direct sales like Tesla.

Phishing scams directed at small businesses on social media platforms, including Meta, represent a lucrative opportunity for criminals.

Small business owners increasingly rely on platforms like Meta's Facebook and Instagram for customer interaction and business growth. Despite the success in building followings, there are significant risks associated with this dependence.

Daymond John, renowned from 'Shark Tank,' aims to support Black entrepreneurs for the fourth consecutive year.

Daymond John's Black Entrepreneurs Day is set to make its fourth annual appearance on November 1st. The event aims to celebrate and support Black business owners.

Challenges in the labor market: Small businesses in the US are reducing their hiring intentions.

According to the latest jobs report from the National Federation of Independent Business (NFIB), hiring intentions among U.S. small businesses dropped to their lowest level since the early stages of the COVID pandemic, despite ongoing tightness in the labor market.

Bankruptcy, the final recourse, is on the rise among small businesses throughout America's Main Streets.

The utilization of Subchapter V bankruptcy filings, favored by most small businesses today, has surpassed last year's levels, as reported by the American Bankruptcy Institute.

Main Street experiences the impact of "Bidenomics" as lending to women-owned small businesses surpasses $5 billion, according to the SBA's report.

One in five small business loans (21%) backed by the U.S. Small Business Administration is now directed to women owners. This marks a significant improvement from the 1980s when women faced challenges in obtaining business loans independently.

Small business owners' economic confidence reaches its peak since Biden assumed office.

The quarterly CNBC|SurveyMonkey Small Business Confidence Index has reached its highest level since President Joe Biden's inauguration in 2021, indicating a surge in economic confidence among business owners.

Small Business Woes: Confidence Takes a Hit Amid Economic Struggles

The latest NFIB report unveils a significant drop in small-business optimism in the US, hitting an 11-year low due to severe inflationary pressures and labor market concerns. This alarming trend raises questions about future economic stability and growth.

Revolutionizing Small Business Finance: Revenued Unveils Marketplace for Growth

Revenued launches an innovative online marketplace designed to empower small and medium-sized businesses by providing them with crucial resources and tools for sustainable growth. In the bustling world of commerce, Revenued steps in to fill the gap left by traditional banking institutions, offering SMBs a fighting chance with tailored services such as banking, insurance, and compliance solutions.

Empowerment in Business: Top States for Women-Owned Small Enterprises Revealed

A recent study by small business loan resource Lendio showcases the leading states for female entrepreneurs, highlighting noteworthy growth in women-owned businesses and the economic impacts. Washington and Colorado top the list, with innovative and community-driven factors driving their success. The study, synchronizing with Women's History Month, underscores the economic contributions of women in business, as well as the persisting challenges in capital access.