While we’ve seen more than eight million coronavirus cases and over 559,000 deaths across the globe (as of July 11th), governments are now turning their focus towards driving their nations’ socio-economic recovery. After all, it’s estimated that total global trade values fell by 3% during Q1 2020, while a further decline of 27% has been […]
Government
Immediate Effects of Trump’s Tax Plan
With the President signing the Tax Cuts and Jobs Act late last year, you may be wondering what immediate effects this law will have on you. Although some of the details of the law are still being worked out, there are a number of ways this historic piece of legislation could impact you in the near term. […]
13 Small Business Grants You Need to Know for 2018
Running a small business is a lot like powering a car, and the only way to keep it moving down the road is to fuel it. Capital and funding are the fuel that drives small businesses, and your financial strategies can be the difference between opening a second location in the new year or laying […]
Top 5 Employment Laws Every Small Business Owner Should Know
For any business, especially a small one, hiring is not an easy task and there are a lot of areas that need attention to detail. Even with one simple mistake, any business can get into legal disputes with employees, which can incur huge costs. To avoid such situations, it is important to know the basics […]
Brexit: Instead of Deregulation, British Small Businesses Face Uncertainty
A key argument for Brexit was that the UK’s businesses could break free from the EU’s web of regulations. Eurosceptics see EU bureaucrats much how US conservatives see Washington bureaucrats: as an unelected drain on resources that do not justify their own paycheck. A key pro-Brexit politician, Michael Gove, argued that EU regulations cost the […]
3 Things You Need to Know About Government Business Loans
If you are thinking about starting your own business and have discussed it with anyone, chances are you have been told that you can get loans from the government. This is true, but maybe not in the way you think. First, the government does not directly make loans to small business owners. There is no […]
Multi-Unit Franchising is Very Popular
Multi-unit franchising—that is, investing in more than one franchise location at the same time—is becoming a popular approach to franchising, with franchisees and with franchisors.
Grants May Be Free, But They Do Come at a Price
Every investor in your startup, even friends and family, normally expects a share of your company (equity), which means your return for all your effort goes down quickly.
3 Ways to Know Government Small Business Loans Are an Option for You
While the government doesn’t offer direct small business loans, they do support small businesses through the Small Business Administration (SBA).
Critical Info to Know About Minimum Wage Law in Your Area
As a small business owner, it’s important to pay your employees at or above the legal minimum wage. As you probably know, the minimum wage is the lowest hourly rate that you as an employer can pay your employees.
