American Express partnered with the Small Business Administration (SBA) and created Small Business Saturday in 2010, and it has been a staple for small businesses to attract new customers. In 2023, consumers spent a whopping $17 billion in their communities on a single day. Immediately following Black Friday, Saturday, November 30, 2024 could bring in over $20 billion in sales to local businesses. The post 7 Strategies to Turn Small Business Saturday Shoppers Into Loyal Customers published first on ..read more

Securing financing for a small business can be challenging for anyone. Being a minority can complicate matters even further. In fact, companies owned by disadvantaged minorities are often smaller and less successful than non-minority owned businesses. The post Top Minority Business Loan Programs and How to Apply published first on ..read more

    In this article: How do small business loan repayment terms work? Types of business financing options Typical repayment terms for small business loans What are good repayment terms? How do small business loan repayment terms work? Small business loan repayment terms describe the amount of time borrowers have to repay their loan. The … The post Typical Small Business Loan Repayment Terms published first on ..read more

The modern healthcare system is growing markedly, with an expectation to reach $819 billion in 2027, according to McKinsey. And it’s not just patients spending more money, it’s also the way that healthcare businesses run, secure and expand their operations that is causing dramatic spending.  The post Healthcare Trends in 2025 published first on ..read more

Businesses and residents of multiple states have been negatively impacted in recent weeks, causing billions of dollars in damages and losses for communities across the South and East coast. Rebuilding efforts have started, but the reality is much bleaker for many small businesses. Disaster loans have recently dried up from the SBA, and Congress will not be back in session for a few more weeks.  The post How to Prepare Your Business for A Natural Disaster  published first on ..read more

The last few weeks of storms have pounded states across the Atlantic including Florida, Georgia and the Carolinas, leaving millions scrambling for resources like SBA disaster loans and other funding.   The post Disaster Recovery Resource for Small Businesses Impacted by Recent Hurricanes published first on ..read more

Vice President Kamala Harris has been hard at work promoting her fiscal ideas for small business owners throughout her short-lived presidential campaign in 2024. And even before securing the Democratic nomination, the current second-in-command has been vocal about her advocacy for small business throughout her vice presidency.  The post Election 2024: What a Harris Presidency Would Mean for Small Businesses published first on ..read more

Throughout the course of your small business, you will likely experience economic turbulence from time to time. The post How Businesses Can Navigate A Changing Interest Rate Environment published first on ..read more

Every small business has to get paid somehow. That’s the whole point of running a business, right? But a thrift store and an insurance company get paid in different ways. Retail outfits, like thrift stores, are just one of many types of businesses that need payment processing solutions. Payment processing for small businesses is an … The post Best Payment Processing for Small Businesses published first on ..read more

The Federal Reserve announced it is lowering interest rates for the first time in 4 years. Here's what you need to know. The post Fed Lowers Interest Rates, Here’s What It Means For You and Your Business published first on ..read more