small-business
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Building the Future on Lessons of the Past
Date: December 8, 2022
In this article, Dave Lewis, CEO, and founder of Ranqx, examines current concerns affecting SMB owners, as well as the broader economy. As Dave explains, these issues are being compounded by the ongoing inefficacy of small business lending, which has been a problem ever since the financial crisis of 2008. Broadly speaking, economic downturns aren’t...
Financing Options for Small Businesses
Date: November 17, 2022
Small businesses have unique needs that often stem from cash flow problems. They need to have the money to start a new project, but they haven’t been paid for the last project yet. They can’t just shut down until their money comes through, so what can they do? There are many funding solutions available, such...
How UK Small Businesses Can Benefit From Invoice Trading in the Current Economic Climate
Date: September 7, 2022
By Loic Hennocq, General Manager, United Arab Emirates at Incomlend An SME (small and medium-sized enterprises) is defined as an organisation that has less than 250 employees. Further sub-divisions define a small business as less than 50 employees while a micro business is less than 10. More than 99.9 per cent of all UK businesses...
Pakistan Floods Add to Pain for Struggling Small Businesses
Date: August 30, 2022
By Zofeen T. Ebrahim KARACHI, Pakistan (Thomson Reuters Foundation) – Dipping a roller into a tray of blue paint, Mohammad Rashid counts his losses after record monsoon rains forced him to hang up his overalls for weeks on end, adding to his money worries as an economic crisis grips Pakistan. Millions of low-income small business...
Capital Access: Behind America’s Small Business Problem
Date: August 8, 2022
By Luke LaHaie, Co-Founder and Co-CEO of Newity The salvation for American small business is rooted in capital access Small businesses are America’s lifeblood, comprising 44% of national GDP, creating 62% of new jobs, and representing 99.9% of all U.S. businesses. Despite the government’s recent efforts to support entrepreneurs, small businesses are failing to keep up...
Hungary Bridge Blockade Fails to Derail Small Business Tax Rise
Date: July 12, 2022
By Anita Komuves BUDAPEST (Reuters) – An hours-long blockade of a bridge in Budapest on Tuesday failed to derail the approval of a motion by Hungarian Prime Minister Viktor Orban’s government to increase the tax rate for hundreds of thousands of small firms. Protesters against the overhaul gathered at a main square outside parliament before...