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Grants might help small enterprise house owners develop and maintain their operations. These funds present monetary help for a spread of wants, similar to buying tools, increasing amenities, or hiring employees. Grants might help cowl prices related to advertising and marketing, analysis, and growth, enabling companies to innovate and keep aggressive.
Grants additionally cut back monetary pressure, permitting enterprise house owners to give attention to strategic development and long-term planning. By leveraging grants, small companies can improve their stability, increase profitability, and guarantee continued success of their market.
Small enterprise grants can come from an enormous number of sources: nonprofit organizations, firms, cities, enterprise teams, and extra. There are at present grant alternatives accessible inside the U.S. from all of those teams.
Small Enterprise Information June 28, 2024
This week’s roundup begins with the NFIB expressing its disappointment within the Supreme Courtroom’s choice to broaden the definition of “revenue” underneath the Sixteenth Modification to incorporate unrealized appreciation of property. The NFIB can be within the information on one other matter opposing the U.S. Home of Representatives relating to H.R. 8639, the Warehouse Employee Safety Act. The NFIB warns that this laws would lead to elevated prices, burdensome mandates, and extra crimson tape for small companies. For these and different small enterprise information right here is the remainder of the weekly roundup.
NFIB Opposes Warehouse Worker Protection Act, Citing Harmful Impact on Small Businesses
The Nationwide Federation of Impartial Enterprise (NFIB), the nation’s main small enterprise advocacy group, has despatched a letter of opposition to the U.S. Home of Representatives relating to H.R. 8639, the Warehouse Employee Safety Act. The NFIB warns that this laws would lead to elevated prices, burdensome mandates, and extra crimson tape for small companies.
Supreme Court Decision in Moore v. U.S. Harms Small Businesses with Expanded Taxing Power
The Nationwide Federation of Impartial Enterprise (NFIB) has expressed vital disappointment with the U.S. Supreme Courtroom’s choice within the case of Moore v. United States. This ruling upheld the Ninth Circuit’s choice, which broadened the definition of “revenue” underneath the Sixteenth Modification to incorporate unrealized appreciation of property.
Florida Fisherman Pleads Guilty to Tax Evasion on Massachusetts Income
A Florida fisherman has pleaded responsible to evading taxes on revenue he earned whereas working in Massachusetts. Christopher Garraty, from New Port Richey, admitted to evading over $400,000 in taxes on revenue he earned as a business fisherman and deckhand for firms based mostly in New Bedford, Massachusetts.
Pinterest Launches Board Sharing Feature for Seamless Social Media Integration
Whether or not showcasing dream house decor or an final journey bucket listing, the brand new board-sharing function permits customers to effortlessly share dynamic movies of their favourite Pinterest boards on different social platforms. With board sharing, Pinterest streamlines the method of sharing Pinned content material and permits customers to incorporate a hyperlink for others to discover their whole board on the platform.
Wix Studio Introduces Figma Plugin for Seamless Design-to-Web Transition
Wix.com Ltd. has introduced the launch of a brand new plugin that permits professionals to export their Figma designs instantly into the Wix Studio platform. This new device, named the Figma to Wix Studio plugin, simplifies the method of reworking design ideas into practical, interactive web sites.
Annual Lemonade Stand Event Fosters Entrepreneurial Skills for Kids
A enterprise help group in Texas helps native youth construct entrepreneurial abilities by internet hosting their very own lemonade stands. The initiative, supported by the United Corpus Christi Chamber of Commerce Basis, culminated in a current occasion, the twelfth Annual Lemonade Day Coastal Bend 2024.
Target, Shopify Partnership Could Benefit Small Businesses
Goal and Shopify simply introduced a brand new partnership which will profit some small companies. This partnership will permit Goal to supply and onboard new on-line sellers from Shopify into its Goal+ platform, an internet market for third-party merchandise. Goal hopes the deal will assist draw extra clients to its on-line market with distinctive merchandise.
Amazon’s 10th Prime Day Event: Exclusive Deals for Prime Members on July 16 & 17
Amazon introduced clients can save large this summer season throughout its tenth Prime Day occasion. From July 16 at 12:01 a.m. PDT by way of July 17. Prime members get unique entry to hundreds of thousands of offers throughout greater than 35 classes together with electronics, kitchen, magnificence, and attire.
Small Businesses Racking Up Credit Card Debt to Combat Inflation Pressures
Small enterprise bank card debt is on the rise. And it’s seemingly due – no less than partially – to inflation. In response to knowledge from Financial institution of America Institute, small enterprise bank card balances are up 18 % since 2019. Small companies attain for bank cards for a lot of causes. However in 2024, the primary issue placing monetary stress on companies appears to be inflation.
Portland Asking Local Businesses to Chip in for Community Improvements
Portland, Oregon, is making an attempt to enhance the Cathedral Park neighborhood in north Portland. However they’re asking native companies to chip in for infrastructure enhancements. The neighborhood, which at present options many potholes, damaged sidewalks, and different aesthetic points, is being designated as a Native Enchancment District.
How This Couple Turned a Flea Market Stand into Upscale Las Vegas Store
Opening an upscale boutique on the Las Vegas Strip would possibly appear to be a lofty aim for a lot of new entrepreneurs. However for many who begin small and do their analysis, it’s potential to succeed in lofty objectives like this. This was the case for Richard Clark and Clare Skinner, a pair who began their small business trip by promoting at native flea markets in Jacksonville, Florida.
Small Businesses Gear Up to Serve Customers Through Heat Waves
Warmth waves typically result in decrease exercise for small companies. However for firms that assist clients keep cool, from frozen deal with stands to AC restore companies, heightened temperatures create a frenzy of exercise. So, these companies must control the forecast and put together their groups for these durations.
Escalating Fraud Attempts Can Lead to Permanent Losses for Small Businesses
An elevated variety of small companies are falling sufferer to fraud. And as two Sarasota, Florida entrepreneurs not too long ago discovered, this may result in everlasting losses which can be typically tough to get well from. Joyce and Stan Fox, who run a home-based promotional merchandise firm, misplaced $10,000 from their enterprise account as a result of fraud this yr.
Minneapolis Businesses Concerned About Potential One-Size-Fits-All Labor Rules
Town of Minneapolis is contemplating creating a brand new labor requirements board to offer suggestions about potential laws. Proponents say that the board would create extra labor-friendly insurance policies to help the native workforce. However many small companies within the metropolis argue that elevated laws would stifle their companies.
Verizon Business Launches Complete Smartphone Management Solution for Enterprises
Verizon Enterprise has unveiled a brand new end-to-end smartphone administration answer for midsize companies and enterprises. This answer, Verizon Enterprise Full, is exclusive within the U.S. marketplace for providing complete smartphone administration, together with transport, setup, substitute, and recycling, all for a predictable month-to-month value.
Child Care Shortages Negatively Impacting Small Businesses
Small companies throughout the U.S. are struggling to keep up productive groups as a result of lack of childcare choices, in keeping with a current survey. This discovering comes from Goldman Sachs 10,000 Small Enterprise Voices, a nationwide survey of greater than 1,200 small enterprise house owners.
Small Businesses Taking Proactive Steps to Prevent Cyber Attacks
An rising number of cyber assaults are negatively impacting small companies. So, it’s typically mandatory for groups to take proactive steps to guard their knowledge. In response to current knowledge from Accenture, 43 % of cyberattacks goal small companies.
How Gary Kusin Founded GameStop and the First Meme Stock
I bear in mind when my youngsters have been rising up, my youngest son Daniel visited GameStop the day it opened up close to our house. He mentioned that now since we have been so near GameStop, our house could be extra invaluable. I’m not positive about that however actually GameStop has had a giant impact on the gaming business and the inventory market.
IRS Announces 2024 Tax Forum Seminars
The IRS has introduced the agenda for the 2024 Nationwide Tax Discussion board, which is able to provide 45 seminars to assist tax professionals serve their purchasers higher. These classes will cowl a variety of subjects, together with tax regulation updates, managing consumer examinations, digital belongings, the Safe Act 2.0, Worker Retention Credit score, and clear power credit.
SBA Provides Disaster Assistance to Louisiana Following Severe Weather
The U.S. Small Enterprise Administration (SBA) has introduced low-interest federal catastrophe loans for Louisiana companies and residents affected by the extreme climate and twister that struck on Might 13. This announcement was made by Administrator Isabella Casillas Guzman, highlighting the SBA’s swift response to the request from Governor Landry acquired on June 13.
TikTok Showcases Creative Bravery at Cannes Lions Festival
TikTok is taking the highlight at this yr’s Cannes Lions Worldwide Pageant of Creativity, championing “Artistic Bravery” and showcasing how manufacturers can increase their advertising and marketing efforts by way of progressive and daring inventive methods. This new strategy highlights the significance of inventive freedom and experimentation in trendy advertising and marketing.
Snap Unveils GenAI-Powered AR Experiences and Tools in Lens Studio 5.0
Snap is introducing new AR experiences powered by GenAI for Snapchatters and the AR developer group. This innovation marks a big development in real-time picture modeling, bringing customers’ imaginations to life immediately by way of augmented actuality.
SBA Offers Disaster Loans to Mississippi Businesses and Residents
The U.S. Small Enterprise Administration (SBA) has introduced that low-interest catastrophe loans at the moment are accessible to companies and residents in Mississippi affected by the extreme storms and tornadoes from April 8-11. This follows a Presidential catastrophe declaration.
Apple Unveils New Features for Services This Fall
Apple is rolling out new options for its companies this fall with the discharge of iOS 18, iPadOS 18, macOS Sequoia, watchOS 11, visionOS 2, and tvOS 18. Customers can discover hikes in Apple Maps, redeem rewards and entry installments with Apple Pay, get pleasure from a redesigned Apple Health+ expertise, and extra. These updates add new functionalities to widespread Apple companies.
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This text, “In the News: Don’t Miss a $35,000 Grant Opportunity” was first revealed on Small Business Trends