What is Invoice Factoring and How Does it Work?

Invoice factoring allows businesses to boost their cash flow. Businesses sell unpaid invoices to a third party or factoring business at a discounted rate, and these companies supply immediate payments to small businesses.  This is a way for businesses to...

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Small Business Owner Hosts Unique Promotion to Overcome Fraud Losses

Millions of businesses are victims of fraud each year. But one Texas business recently realized how much a strong community of customers can help when facing this type of challenge. Alex Lyons, owner of the boutique Rae of Sunshine Collective...

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Labor Dept. Eliminates Trump Association Health Plans

The U.S. Department of Labor rolled back a Trump-era rule that lets self-employed individuals and small businesses purchase cheaper association health plans. The plans did not fully comply with Affordable Care Act requirements. Small business owners and entrepreneurs benefiting from...

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Small Businesses Owe $59 Billion in Fees After Defaulting on COVID Recovery Loans

For many businesses that struggled during the COVID-19 pandemic, Small Business Administration loans provided an essential lifeline. But now, thousands of businesses that accepted these loans have defaulted. And they owe a total of $59 billion in late fees,...

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Should Landscaping Companies Lease or Purchase Equipment?

Every landscaping business owner faces the crucial decision of whether to lease or purchase their equipment. Both options carry their unique benefits and drawbacks, and the choice often boils down to factors such as financial circumstances, business goals, and...

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Get Quiet: How to Find Out Where You Are Really Going

We’re living in frenetic times. Amid all the busyness and the FOMO, you may also feel directionless and overwhelmed. Maybe you know there’s more to life, but you have no idea what that “more” is. Maybe you sense there’s...

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Amazon Delivery Drones to Land in Phoenix

Amazon is adding a new location to its drone delivery service. The Amazon Drone Delivery Program will be based in Tolleson, Arizona. Packages will be delivered to West Valley customers in less than an hour using the super-fast delivery...

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Trump Era Tax Cut Could Become Permanent

Business leaders want a Trump-era tax cut benefitting small businesses to become permanent. The cut sunsets in 2025 unless Congress votes to extend it. However, President Joe Biden vows he will veto such legislation if it ever comes to him...

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Keeping Customers Happy: 50 Customer Service Statistics

Customer service has emerged as a key distinction for businesses competing in today’s digital ecosystem. It’s no longer just about the quality of products or services a company offers but how well it caters to its customers’ needs and...

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In the News: From Amazon to Public Grants, up to $50,00 is Available

Combining public and private grants can provide a powerful boost to small businesses, enhancing their access to a wider range of resources. Public grants often offer foundational financial support, while private grants can deliver specialized assistance such as technology...

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