The U.S. Secret Service announced it had recovered $286 million in illegally taken Covid relief. Since 2020, over $1 billion in pandemic relief funds have been recovered since the start of the Economic Injury Disaster Loan relief program.
Many small businesses continue to struggle to pay office rent as inflation impacts labor, energy, and transportation costs. 45% of those companies surveyed said that they are now paying 50% more in rent since the pandemic started due to landlords increasing rental fees.
Hiring an employee is often a big step for many small companies as they grow. Here are some suggestions for ensuring a new employee fits the required role and that the company is financially ready to cover the employee’s wages.
The Coalition to Back Black Businesses (CBBB) will accept applications for its 2022-23 grant program through September 6. Eligible businesses can receive grants of up to $5,000 to help them meet critical needs and invest in long-term growth.
Source: The Grit Daily
100 Coconuts, launched in 2018, is the first Black-owned coconut water brand. The company’s founder aims to expand into new markets while also hoping more communities will learn about the product’s health benefits.
Source: Black Enterprise.com