TEVET Receives the Honeywell KCNSC Small Business HUBZone Award

TEVET | July 16, 2020

TEVET, a premium test and measurement supplier, today announced the company received the Honeywell KCNSC Small Business HUBZone Award. After years of exceptional service including OEM agreements, PO consolidation, marketplace customization, and on-time delivery, TEVET has helped keep Honeywell missions a success. TEVET maintains a commitment to service within HUBZone communities, and as a result, was recognized as a small business and HUBZone leader amongst Honeywell's numerous suppliers with the Kansas City National Security Campus Small Business HUBZone Award.

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BUSINESS STRATEGY

FreshBooks Expands With Invoicing Starter Plan for New Zealand Small Businesses

FreshBooks | May 26, 2022

FreshBooks, a cloud-based accounting software provider, announced that it is expanding its invoicing software offering to meet the needs of New Zealand small businesses. This includes the creation of a new starter plan and competitive pricing packages with unique pricing, set in NZ currency. “FreshBooks recognizes the depth and breadth of small businesses across New Zealand. We’re excited to help local owners impress their clients and get paid faster with our competitive new starter plan and invoicing software, FreshBooks is listening to the passionate small business owners in New Zealand by making it easier for them to digitize their invoicing.” -Dragana Ljubisavljevic, SVP of International Markets at FreshBooks The expansion in New Zealand arrives as small business owners look for invoicing software that is intuitive and simple to use. FreshBooks is different because it’s built exclusively for small businesses, making it easier to stay on top of invoicing. The company’s new starter plan in New Zealand lets businesses: Send 2 invoices per month to up to 2 clients Collect online payments without invoicing Track unlimited expenses Get paid with credit cards via Stripe & PayPal Access their account from anywhere on iOS and Android devices All pricing packages are being offered at new competitive rates. The expansion in New Zealand builds on FreshBooks securing $130M in funding, bringing its valuation to over USD $1 Billion. With a mission to reach more customers in more countries around the world, FreshBooks also acquired German-based FastBill to strengthen global expansion plans. Learn more about FreshBooks here. About FreshBooks FreshBooks is changing the way business owners manage their books. Its owner-first accounting platform, loved by businesses in over 160 countries, takes an easy-to-use approach to managing finances, billing, payments, and client engagement. FreshBooks, known for its 10x Stevie award-winning customer support, serves customers of all sizes from offices in Canada, Croatia, Mexico, Germany, Netherlands, and the US.

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INDUSTRY OUTLOOK

Buzzbie App Launches to Help Market Small Business Owners & Real Estate Agents

Buzzbie | April 29, 2022

Today marks the launch of the Buzzbie App, built to make marketing accessible and affordable for small business owners and real estate agents. The app offers a version developed to address the social media marketing needs of businesses like event planners, ETSY shop owners, bloggers, crafters, artists, creators, brick and mortar stores, you name it. "Owners of such businesses often wear all of the hats. With the Buzzbie app in the palm of their hand, they can instantly access a catalog of guided posts and ideas, compelling imagery and fonts, and instant sizing for top platforms. There's also hashtag guidance, and user-friendly branded design tools, plus they can add logos, save favorite hashtags and more." K Lawson, one of the company's founders The hashtag portion of the app is not automated, but built upon research, and all of the in-app content is custom crafted. The creators believe that by staying authentic, and using what Buzzbie Apps have to offer, users will be able to do more for less. There are real marketers behind the Buzzbie Business apps. And while many apps either prioritize hashtag intelligence, or design, the Buzzbie apps do both, and more, like brand management and customization. The Real Estate version the app also includes fonts, brand palettes and logo features specific to the industry, saving time and energy so that agents have polished looking content that is quick, branded, and fun to create. Users can enjoy Buzzbie for Real Estate agents for $12.99 per month, and Buzzbie for Small Business for between $4 and $13 a month depending upon yearly or monthly billing. The soft launch saw users enjoying access to trendy fonts, shapes and design elements, and preselected color combinations to stay "on brand" and recognizable. It's a winning combination of tech and creative.

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SMALL BUSINESS TRENDS

Sustainable Earth Launches the Small Business Sustainability Awards

Sustainable Earth | April 23, 2022

Sustainable Earth, a collaboration between Arizona State University (ASU) and Wells Fargo, has announced the launch of the Sustainable Earth Small Business Awards (SESBA) to celebrate the innovative solutions small businesses throughout the US are developing to support their communities and the planet. The program will award more than $50,000 in prize money, with individual award amounts up to $5,000, to 15 US small businesses making strides toward a more sustainable future. The award program, which is seeking nominations now through July 1, 2022, is open to any US-based small business and its employees who demonstrate innovation in sustainability. This can include, but is not limited to, the use of renewable energy, water conservation, waste reduction, creating closed-loop systems, increasing equity and accessibility, etc. Solutions may be in development or currently in practice. “The collective efforts and innovative solutions by small businesses and individuals within those organizations are making a profound impact on the future of our earth and communities. Our goal with the Sustainable Earth Small Business Awards is to celebrate those taking action in big and small ways and share their stories so that it may trigger ideas for other businesses and leaders.” Sustainable Earth Program Manager Katelyn Armbruster, M.Ed. Businesses with fewer than 500 employees are invited to share their sustainability stories via video or podcast. Nominations must include a description of the challenge, what solutions were tested and implemented, and what worked, what didn’t, and the outcomes. “Small businesses have long been the backbone of our economy and they have become integral to moving the needle on sustainability,” said Alicia Marseille, Interim Deputy Director, Rob and Melani Walton Sustainability Solutions Service. “This award program honors their hard work and dedication, and perhaps more importantly, will also serve as inspiration for other small businesses wanting to implement sustainability, but may not know where or how to start.” About Sustainable Earth Sustainable Earth, powered by ASU, is a sustainability-, knowledge- and idea-sharing website created to empower individuals, businesses and educators to contribute to a more sustainable tomorrow. The platform provides sustainability information, news and education presented in an approachable format, and includes sustainable-focused micro-courses, educational tools and learning activities, and new research coming out of ASU and other institutions. Sustainable Earth is a collaborative effort, funded by Wells Fargo and developed by Arizona State University (ASU). For more information, visit sustainable-earth.org. About Wells Fargo Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S.

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FINANCE

National Funding Announces Strategic Growth Investment in Finova Capital

National Funding | March 24, 2022

National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced it has made a strategic growth investment in Finova Capital, a business lender focused on merchant finance and the payments industry. National Funding’s significant investment in Finova comes on the heels of market momentum for both financial services companies. Finova Capital will continue to operate as an independent business unit with its current leadership and platform. Finova Capital’s suite of products complements and expands National Funding’s small business loan and working capital funding offerings. With its combined 50+ years of experience in financing and merchant acquiring and one million merchants served, Finova Capital primarily supports ISOs, processors, and POS equipment manufacturers. In addition, it works with partners to build leasing programs that allow merchants to conserve capital while accessing the latest technology. Finova Capital’s suite of services includes point of sale (POS) equipment financing solutions, working capital loans, term loans, and merchant cash advances. “Our significant investment in Finova Capital supports our vision of providing whatever products it takes to help small businesses to succeed. Finova’s leaders mirror National Funding’s commitment to modern technology and trusted relationships, and we are pleased to provide access to banking and liquidity opportunities to support its growth.” National Funding CEO Dave Gilbert “The Finova team greatly appreciates Dave Gilbert’s vote of confidence in our business model, business philosophy, and leadership team. The National Funding investment will allow us to focus on continuous product and platform enhancements that we believe will result in significant value for our merchant clients and referral partners,” said Finova CEO Bob Neagle. About Finova Capital Finova Capital is a new kind of merchant finance partner. The company is backed by decades of experience and is dedicated to transparency and acquirer growth. Founded in New Jersey by best-in-industry merchant finance experts and powered by retention-focused products and acquirer-enabling technology, Finova is quickly building relationships where acquirers and merchants all win. About National Funding, Inc. Founded in 1999, National Funding is a leading U.S. specialty finance company serving small- and medium-sized businesses. The Company’s foundation serves American small business owners by providing funding solutions to meet their needs to reinvest in their day-to-day operations and help them grow. National Funding has provided more than $4.5 billion in working capital and equipment leasing for more than 80,000 small- to medium-sized businesses nationwide. In addition, National Funding’s digital funding process has elevated its digital capabilities by delivering a fast and simple online application.

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