The Voice: Industry News – July 31, 2018
July 31, 2018

Small Businesses Get Tech-Savvy, Even As They Fear Rising Costs
Small business is starting to go digital, as smartphone apps, cloud sharing and automation help many of them get more work done in less time.
Source: CNBC

Main Street Businesses Use Their Tax Cut Windfall on Growth
While the overall economy is still digesting the effects of the new tax code, the nation’s small businesses are reaping the benefits of the tax cuts, by using their savings to invest in their businesses.
Source: The Epoch Times

Reminder to Women Owned Businesses – Take Advantage of Federal Contracting Opportunities!
Federal agencies, including the Department of Defense (DoD), are indeed striving to achieve their goals of awarding 5% of their prime contracting dollars to WOSBs.
Source: JD Supra

Federal Ad Spending With Black-Owned Firms Dismal; NNPA Demands Action
Over the past five fiscal years from 2013 to 2017, federal government agencies have spent approximately $5 billion in advertising, but a minute share — $327 million — went to minority-owned businesses
Source The Louisiana Weekly

CUNA Suggests Improvements to NCUA’s PAL II Proposal
CUNA supports NCUA’s efforts to expand opportunities to provide short-term, small-dollar loans, but does have concerns about the agency’s proposed Payday Alternative Loan (PAL) rule.
Source: Credit Union National Association