U.S. Bank has launched a new online banking tool that gives small business owners a better picture of their future cash flow. The tool, now available on customers’ online dashboards, gives the bank’s small business clients a 90-day cash flow forecast, U.S. Bank said in...
Small and medium-sized businesses (SMBs) are getting hit with supplier price increases, and it’s showing up in what consumers are paying, too. For the study “Main Street Health Q3 2022: SMBs Battle Inflation,” PYMNTS surveyed more than 500 U.S. businesses and found that their own...
There’s an oft-repeated quip in business circles that says, “If you’ve managed to survive this long, you’re probably going to last.” While more than half of small and medium-sized businesses (SMBs) surveyed for the most recent edition of PYMNTS’ Main Street Health report confidently said...
Goldman Sachs is continuing its 13-year tradition of adding support to the backbone of America’s economy — small businesses — by handpicking owners each year for an intensive course in entrepreneurship. The company is accepting applications now. The no-charge 10,000 Small Businesses program was launched...
In a PYMNTS study benchmarking the digital engagement levels of 11 countries, Spain performed well compared to its European peers. Of the five European Union countries included in the report, Spain scored highest in the PYMNTS ConnectedEconomy™ Index ranking, with a score of 32 out...
Inflation rages. Uncertainty is in the mix as to whether consumers will, or even can, keep spending at the pace that’s been seen in the past several months. For the small- to medium-sized businesses (SMBs) that line main streets across the United States and power...
As food prices and wage expectations (and legal minimums) rise, restaurants are seeing the impacts on their profit margins. By the Numbers Research from PYMNTS’ recent study “Main Street Health Survey Q3 2022: SMBs Battle Inflation,” which draws from a survey of 533 U.S. Main...
Twelve percent of Main Street SMBs are concerned about whether they will survive the next two years, and 37% say inflation has been their greatest challenge this year. Despite these grim realities, 54% of Main Street SMBs expect revenues to increase, and 25% of online...
The past 18 months have been a period of “unbelievable stress” for small- to medium-sized business (SMBs) owners in the U.K., according to Ann Marie Juliano, founder and CEO at London-based business finance startup Muse. Because the U.K. FinTech connects to software systems and SMBs’...
