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SMALL BUSINESS TRENDS
Xendoo, Gusto | July 06, 2021
Xendoo, a Fintech company based in South Florida, provides innovative online accounting and bookkeeping solutions, as well as data-driven insights, to small and medium-sized business (SMB) owners. Xendoo has announced a collaboration with Gusto, a provider of cloud-based payroll, benefits, and human resource management software, to develop Xendoo Payroll.
Xendoo also intends to strengthen its partnership with Gusto, which it sees as the next major step for the growing company. Xen...
TechNode | February 11, 2020
Chinese tech behemoth Alibaba has unveiled a number of measures to support smaller sellers in its ecosystem as the economic impact from the novel coronavirus outbreak begins to set in, including offering service fees waivers or reductions and financial assistance. Why it matters: The coronavirus epidemic that has immobilized China is hitting the country’s already-slowing economy, the growth rate of which has inched down to a multi-decade low (in Chinese) in 2019. Business interruption, ris...
Accounting Today Homepage | March 04, 2020
The pace of small-business job growth accelerated for the third month in a row in February, according to payroll giant Paychex, but the rate of hourly earnings growth slipped. The Paychex | IHS Markit Small Business Employment, released Tuesday, showed a 0.15 percent increase in employment growth in February, and 0.22 percent in the past quarter, though it was down 0.61 percent from last year. Hourly earnings growth dipped to 2.74 percent in February. Weekly hours worked also fell for the second...
ZDNet | February 21, 2020
PayPal has provided AU$500 million to 7,000 businesses in Australia since it launched a working capital offering less than five years ago alongside Citi. "We can see that there is an ongoing demand for alternative finance solutions to support small businesses and help them thrive," PayPal said in its submission [PDF] to the Select Committee on Financial Technology and Regulatory Technology. PayPal considers "information asymmetries" having previously been a "tremendous&q...
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