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SMALL BUSINESS TRENDS

Principal Financial Group | August 25, 2021

Principal Financial Group® reported today an increased focus on key employee well-being initiatives and how benefits are helping employers cope with the pandemic fluctuation as they also make businesses more competitive for the next phase of recovery and growth. Over 90% of surveyed businesses plan to increase at least one benefit in the next 12 months. While recent variants of COVID-19 could bring extra hurdles to the recovery efforts small and medium-sized businesses (SMBs) ...

Niagara Frontier Publications | January 16, 2020

The Niagara County Industrial Development Agency on Wednesday announced its Consolidated Funding Application for the Microenterprise Grant Program has been approved by New York, with $200,000 in funds being made available. The program will provide resources to support and foster the development of local microbusinesses. Economic Development Chairman Rich Andres of North Tonawanda said, “We recognize that nearly half of the U.S. economy is driven by small business, which is why it’s s...

wisdo.com | April 20, 2020

The burger chain Shake Shack says it has obtained new funding and will return a small-business loan it got to help weather the coronavirus crisis.Shake Shack has laid off or furloughed hundreds of its employees and needed the assistance, its CEO Randy Garutti and its founder Danny Meyer said in a statement seen Monday. But the company was able to get extra funding late last week through an “equity transaction” and decided to “immediately return” the $10 million paycheck p...

BUSINESS STRATEGY

Bank of the West | February 25, 2022

Bank of the West launched Digital Doors™, a new small business offering collaborating with Mastercard®. Digital Doors offer resources and interactive tools to help small business owners establish, grow, and protect their online presence. Michelle Di Gangi, Executive Vice President, Head of Small & Medium Enterprise Banking at Bank of the West, stated, "Bank of the West and Mastercard launched Digital Doors to help small businesses deliver superior customer exper...