As part of his Small Business Forward program, New York City Mayor Eric Adams plans to cut or reduce over 118 existing small business fines and penalties. The reforms are expected to save city entrepreneurs over $8.9 million annually.
Source: Staten Island Live
Indeed.com, the popular job posting site, launched a new fund to help fuel small business recovery through hiring. Eligible businesses will be able to earn $500 in credits to go toward finding their next staff member.
Source: Crain’s Detroit Business
A new academic study revealed that entrepreneurs find more success when hiring a marketing consultant rather than trying to acquire marketing skills themselves. While a business owner may think they may save money by doing marketing themselves, the study shows that hiring an expert will make them more money in the long run.
Source: University of Texas
Hiring new staff can always be a challenge for small business owners. Here are some tips on what not to do when searching for and ultimately hiring candidates for a new role.
As summer gets closer, now is a good time for small businesses to explore new ideas and trends to help grow their business. These include online marketing, virtual events, and even AI (artificial intelligence).
Source: Small Business Trends