With just a few weeks before Masschusetts State Family and Medical Leave contributions were to begin being taken out, Governor Charlie Baker has signed off on a delay for the contributions. Due to problems already occuring, the payroll tax will be delayed from being taken out until October 1, 2019.Read More
Small and medium-sized businesses are looking to receive their lending from alternative sources. According to the Q2 Private Captial Access Index (PCA Index), small and medium sized business owners looking to gain loans from traditional banks declined from 49 percent last quarter to 41 percent this quarter.Read More
According to the latest numbers from the National Federation of Independent Business, the small-business optimism index had risen to 105.0 in May when economists had only predicated to reach a 102.0 reading. Also 62 percent ( a 0.5 increase from April) of small businesses were hiring or trying to hire for May.Read More
Whether your business has been established for a number of years or it is just starting out, you will at some point need a credit card for the business. USA Today has created a list of the best credit cards for the needs of small businesses and entrepreneurs that will help business owners have an extra bit of capital for business ventures, track expenses and keep costs low, while owners are able to gain rewards.
Paypal has hit a major milestone of loaning over $10 billion to more than 225,000 small businesses nationwide. The company had begun offering small business loans a little over five years ago and since then they have awarded over 650,000 loans to small businesses in the U.S, UK, Australia, Germany, and Mexico through their financing programs.
A survey by Cox Business Pulse had found that 70 percent of those surveyed would spend more money at a local small business if they only sold made in America products. Those 70 percent had also stated that they are more likely to spend more at a business that supports a positive social or environmental cause.
According to a map by the U.S. Census Bureau, it shows that areas in highlighted for the population dropping is primarily in the North and East while areas that show population growth were primarily in the west and south. Texas and Florida had seven out of the 10 counties with the largest population increases.
According to the Department of Labor, the U.S. economy was able to add 75,000 jobs for the month of May and unemployment was able to remain at 3.6 percent. The Department of Labor also has reported that there was a drop in total non-farm payrolls from April which had recorded 224,000 for the month.Learn More
There is another income gap in the United States growing, but not getting as much public attention. There is a gap between how much large corporations make and what small businesses make, with the top performing companies obtaining 80 percent of the profits between 2014 and 2016, up from 75 percent only 10 years earlier.Learn More
Those in Washington are warning that if Social Security and Medicare are not reformed than the Social Security trust fund could run out by 2035. A number of representatives are advocating for a new bill that will ensure that Social Security and Medicare will remain funded into the next century.Learn More