BaseThings

SMALL BUSINESS ADVICE

Avalara | April 21, 2021

Avalara, a leading supplier of tax compliance automation for companies of all sizes, reported today that it has acquired the operating assets of DAVO Technologies LLC, a firm that assists emerging small businesses in automating their sales tax needs on a daily and ongoing basis. DAVO's technology automatically connects to point of sale (POS) devices to extract the amounts of tax owed, set aside sales tax funds regularly, keep the funds, and then file and pay their sales tax to state and loca...

Small business report | April 23, 2020

The US Senate passed a near $500bn coronavirus aid package on Tuesday for small businesses, including additional help for hospitals and virus testing. “I welcome this bipartisan agreement,” Senate majority leader Mitch McConnell said Tuesday as the bill was passed. What can US small businesses do during the pandemic – and why is it so confusing? The aid package is the second for small businesses, which have been hit hard by the pandemic and shed millions of...

SMALL BUSINESS ADVICE

TD Bank | June 04, 2021

CHERRY HILL N.J. announced the establishment of a$100 millionequity fund in support of minority-owned small businesses, demonstrating its continued commitment to combat racial inequities and provide opportunity in underserved communities. TD Bank's equity fund will enable Specialized Small Business Investment Companies (SSBICs) and Community Development Financial Institutions (CDFIs) to provide small business loans and technical assistance, ensuring these businesses have the reso...

Toronto Sun | January 14, 2020

Paying for goods and services with plastic seems to be the most convenient thing to do nowadays, but only 5% of small business have stopped taking cash, according to a Bank of Canada study. The study, entitled Merchant Acceptance Survey, noted futuristic forecasts of a cashless world seem to be overblown. “We estimate that only 5% of merchants currently do not accept cash, and an additional 8% plan to stop accepting cash within the next five years,” the study stated, as reported by B...