President Trump has recently announced that he is currently working on a "substantial" tax cut that is geared toward helping the middle class. There has not been much detail released about the tax plan, other than it will help hard-working middle class earners, but the president has stated that he plans to announce more details about the tax cut in 2020.Read More
A booming economy has led to an increase in revenue for small businesses. The recent report from Kabbage shows that the annual gross revenue for small businesses had increased 19.2 percent from January 2018 to January 2019. This data was gathered from Kabbage's Small Business Revenue Index, which collects more than 2 million live data connectiosn with Kabbage customers.Read More
With all the talk going around about an on-coming recession, many seem to be in a bit of a panic. However, the Atlanta based small-business lending company, Kabbage, is claiming their small business customers are not showing any fear of an up-coming recession and reporting that their customers are seeing a "surge" in their businesses.Read More
In being a small business owner, you are well aware that there are many areas to focus on to keep your business operating efficiently and growing; however, there are certain areas that you should be paying closer attention to. There are six important areas that should be constantly monitored, these six areas are: sales, accounts receivable, accounts payable, human resources & payroll, and physical assets.
MA business groups and the advocacy group, Raise Up, are currently involved in a heated argument with Raise Up calling for higher taxes on businesses to funnel more money to public transportation and education. Business groups are fighting back claiming they pay more than their fair share and that there is no revenue issue but subtly claim there is a spending issue.
With all the talk of an on-coming recession, many small business owners are becoming nervous. It can be difficult to keep your business maintaining its sales and cash reserves in tough economic times. These are a list of some of the steps your business can take to help keep it afloat in the event of a recession.
Late payments or loss of payments from customers is an issue that many small business owners face, which can become worse when the economy is in a decline or recession. Small business owners are now starting to take proactive measures to avoid having to deal with late payments or customers not paying them at all.
Kabbage has recently taken over the small-business data platform called Radius Intelligence. Kabbage has acquired the platform as a way to further help them understand and service their small business clients by now having insights from over 20 million small businesses throughout the country. No further details about the acquisition has been released yet.Learn More
The U.S. Small Business Association is now accepting nominations for awards for small business owners to be handed out during Small Business Week of May 3-9, 2020. All nominations for the various award categories must be submitted no later than January 7, 2020 at 3pm. Nominations cannot be sent in by email, but can either be hand delivered or mailed.Learn More
Starting October 1, 2019 the state of Massachusetts will begin taking out contributions for their new state run Paid Family & Medical Leave. Many small businesses are already preparing for the up-coming act to take place, but startup companies will not be able to prepare the same way. Here are some of the ways startups will be affected by the MA Paid Family & Medical Leave.Learn More