President Biden recently credited his administration’s policies for increasing small business growth. His comments were made during a recent White House meeting with small business owners from across the country.
Source: The Hill.com
According to a new survey, with inflation at its highest levels in 40 years, over 72 percent of small businesses plan to raise prices. Inflation is now cited as the number one concern over the ongoing labor shortage.
Source: The Center Square.com
Cryptocurrency, or Crypto, for short, continues to inspire debate on if it will become a mainstream source of currency, especially for small business transactions. As more customers adopt crypto, here are some reasons to consider offering it as a payment option.
State Farm will expand its decades-long partnership with the Local Initiatives Support Corporation (LISC), a national non-profit community development organization. With a new $2 million grant, State Farm will support LISC programs that boost economic opportunity for underserved communities
Source: Small Business Trends
Washington D.C. Mayor Muriel Bowser announced a first round of investments for local business owners who often struggle to gain needed capital. Applications for the next round of funding is now open.