According to the Small Business Administration, of the 28 million U.S. SMBs, roughly 2.5 million, or 9.1 percent, are owned by veterans of the United States Armed Forces. Those firms, according to the same SBA report, had an annual payroll of $195 billion, receipts of $1.14 trillion. And, because vet-owned...
January is typically a rough month for jobs figures, with companies coming off the holiday highs and looking to strap down their finances and return operations to a smaller scale. The latest data found that overall, U.S. businesses actually added more jobs than expected to...
WhatsApp is expanding into the business market, the instant messaging and voice over internet provider (VoIP) service company announced Thursday (Jan. 18). According to reports, it is allowing business accounts for the first time ever. In a blog post published Thursday (Jan. 18), the Facebook-owned messaging...
What does it take to succeed as a small or medium-sized business (SMB)? More than a good idea, more than passion, more than hard work, long hours or even good luck: As with many ventures, you’ve got to spend money to make money, and SMBs...
Paychex, the human resources firm, found that hiring on the part of small businesses slowed in 2017, despite the fact that the economy improved during the year. According to news in CNBC, citing data from Paychex, the Small Business Job Index finished the year at...
“Small business” (SMB) is a term that could describe any number of ventures — from an individual Uber driver to a micro-merchant selling handmade jam on the web to an up-and-coming video game company that employs 150 people and has a few million customers. It’s...
It’s a scary and exciting time for meal kits. As every other kind of commerce moves online, food and grocery have likewise been migrating in a digital direction – and why not? Consumers can buy shoes, books, coffee pots, linens and dog toys online, so...
Millennials are on the move, professionally. And in an age where apartment rents are rising faster than incomes, shared housing proves salvation – unless they choose the wrong roommate. As Ajay Yadav, CEO of Roomi tells PYMNTS’ Karen Webster via Topic TBD, the firm has...
Last week, P2Bi announced the rollout of a new partnership program that enables community banks to participate in its small business loan marketplace. Community banks are typically a better bet for small businesses in search of a loan, with approval rates higher than those at...
