Margaux & Max has been able to stay afloat with Dinges’ Facebook livestreams and creative marketing, even while the retail store remains closed for in-person shopping. Photo: Je Donna Dinges Small business owners have faced a bit of whiplash over the last year as Covid-19 swept the nation, with restrictions leading to closings, reopenings and
Small Business
Courtney Senechal, RN, prepares to give the second Moderna vaccine shot for Covid-19, at the East Boston Neighborhood Health Center in Boston on Jan. 19, 2021. Jonathan Wiggs | Boston Globe | Getty Images Barely more than one in five small business owners (22%) will require their employees to get Covid-19 vaccines when they become
Sen. Bernie Sanders, I-Vt., speaks during an event to introduce the Raise The Wage Act at the U.S. Capitol on Jan. 16, 2019. Chip Somodevilla | Getty Images One third of small business owners say they’ll likely lay off workers if Congress raises the federal minimum wage to $15 an hour, according to the latest
Vice President Kamala Harris, from left, U.S. President Joe Biden and Senate Majority Leader Chuck Schumer, a Democrat from New York, wear protective masks while meeting with Democratic senators in the Oval Office of the White House in Washington, on Wednesday, Feb. 3, 2021 to discuss Covid-19 stimulus relief. Stefani Reynolds | Bloomberg | Getty
sturti | E+ | Getty Images The tax competition between states to attract and keep businesses and residents has been ongoing for decades. The national migration pattern has generally trended from cold, high-tax northern states to warm, low-tax southern and south western states. Retirees, no longer tied to a workplace or raising children, have been
Making extra cash from a side hustle can be a brilliant way of improving your finances quickly – and doing work of your choosing. Depending on your time availability and your side gig of choice, it can also be fairly lucrative: The average Millennial reports earning nearly $1,000 per month from their side gigs, according
Vice President Kamala Harris watches as President Joe Biden signs executive orders after speaking on racial equity in the State Dining Room of the White House in Washington, DC on January 26, 2021. Mandel Ngan | AFP | Getty Images Just over two weeks into his administration, President Joe Biden has already made it clear
Edwin Sanchez, Echez CEO and member of the Latino Business Action Network meets with team members remotely. SLEI Despite being the fastest-growing segment of the U.S. small business ecosystem, Latinos continue to struggle to secure capital from national banks. That’s according to the State of Latino Entrepreneurship 2020 research study from the Stanford Latino Entrepreneurship Initiative. “Over
A lot has changed in the last year. But the drastic shifts to society and the economy caused by coronavirus can present new opportunities for you to use your skills as an entrepreneur, according to best-selling author Patrice Washington. Washington lost her real estate business in 2008 and spent the next decade building a new
A pedestrian wearing a protective mask crosses California Street in San Francisco, California, U.S., on Tuesday, Dec. 29, 2020. David Paul Morris | Bloomberg | Getty Images In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” — indicating minimal spread of the coronavirus — Lauren Crabbe was hopeful. Crabbe, the owner
Payment card fraud losses reached $28.65 billion worldwide in 2019, according to the most recent Nilson Report data. The United States alone is responsible for more than a third of the total global loss, making it the most card fraud-prone country in the world. Julie Conroy, a research director for Aite Group’s fraud and anti-money
While small business owners are cheering President Joe Biden’s plans to direct more aid to a Main Street that has been ravaged by the pandemic, they’re also debating another of his pledges — hiking the federal minimum wage to $15 an hour. Workers’ rights groups are cheering the move, but advocates for America’s smallest businesses
Plastic ‘house’ tents are set outside a restaurant on the Upper West Side as the city continues the re-opening efforts following restrictions imposed to slow the spread of coronavirus on November 01, 2020 in New York City. Noam Galai | Getty Images More than 110,000 eating and drinking establishments closed last year, either temporarily or
As the Covid vaccine rollout gains steam nationwide, restaurants are weighing options to encourage workers to get the vaccine. Foodservice workers are recommended in phase 1(c) of the Centers for Disease Control and Prevention’s lists of who should be vaccinated when supply is limited, falling just behind high-risk health-care workers, the elderly and frontline essential
Adrienne Parker, who owns a consulting firm, has applied for a second round of PPP. Source: Adrienne Parker Adrienne Parker knows what it is like to struggle as a Black small business owner during the pandemic. The sole proprietor of Peace of Mind Consulting, a management and bookkeeping consulting firm in Atlanta, Parker saw much
Stefani Reynolds/Bloomberg via Getty Images ‘Potentially erroneous’ QBI deductions The IRS allowed business owners to claim $57 million in “potentially erroneous” deductions on 12,980 tax returns filed last year, according to a report publicly released Tuesday by the Treasury Inspector General for Tax Administration. The watchdog urged the tax agency to increase its oversight of
Andrea Herrera, president of Amazing Edibles Gourmet Catering and founder of Boxperience Angela Garbot For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues. Since last March, the firm shifted from catering weddings and corporate events to providing first-responder meals and
A usually busy Main Street in Livingston , Montana after Governor Steve Bullock order the closing of restaurants, bars, and theaters on March 20, 2020 in response to the coronavirus pandemic. William Campbell | Corbis via Getty Images As President-elect Joe Biden lays out his sweeping $1.9 trillion economic plan and response to the pandemic,
Getty Images Tax season is swiftly approaching, and after the roller coaster of 2020, this might be the year to get extra help filing your return. The coronavirus pandemic saw many changes to the tax code that could impact filers who generally would have had a straightforward return, potentially complicating your return. “For the average
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington. Al Drago-Pool/Getty Images) Second EIDL grants That may confuse business owners, since the $900 billion Covid relief package passed last month allows some companies to get a second EIDL grant.
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