On Main Street, time to prepare for the new minimum wage hikes in 2024
A “Now Hiring” sign is posted in the drive thru of a McDonald’s restaurant on July 07, 2021 in San Rafael, California. Justin Sullivan | Getty Images More wage hikes…
How Biden’s SBA is doing on getting loans to minority entrepreneurs
Maskot | Digitalvision | Getty Images The United States has experienced a small business boom in recent years, and people of color are a large part of that success, making…
Why Fed decision on rates won’t offer relief on Main Street
Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market,…
Last resort of bankruptcy is rising for small businesses across U.S.
Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are…
Next big post-affirmative action legal ruling targets small business
The Small Business Administration’s federal contracting program for socially and economically disadvantaged small businesses wasn’t a direct target of the U.S. Supreme Court decision earlier this year to effectively end…
SBA loans to women-owned firms top $5 billion
Thomas Barwick | DigitalVision | Getty Images It wasn’t too long ago that women who needed business capital didn’t struggle to access it — they simply couldn’t get it, at…
How to buy business insurance so financial disaster doesn’t strike
Many Main Street businesses could be playing with fire — literally — by not maintaining appropriate levels of business insurance coverage, especially given the spate of natural disasters affecting multiple…
The disaster era loans that are key to Main Street’s survival
In an aerial view, burned cars and homes are seen in a neighborhood that was destroyed by a wildfire on August 18, 2023 in Lahaina, Hawaii. Justin Sullivan | Getty…
Main Street confidence tanking again, especially with banks and Biden
As President Biden begins to more forcefully build a reelection case citing Bidenomics, Wall Street forecasts and actual GDP data are supportive, as are recent improving sentiment scores from consumers…
Advice for small businesses to choose a bank
For small businesses that have been keeping their money at Silicon Valley Bank — which collapsed last week — the good news is that they will be made whole. The…