Small businesses are looking for ways to stay competitive in the new digital economy, especially as they continue to face challenges exacerbated by the COVID-19 pandemic.
Latino and Hispanic entrepreneurs are starting small businesses at a faster rate than other groups, accounting for 44% of growth rate in the past decade. However, disparities in access to capital remain, particularly how Latino-owned businesses have been able to raise capital during the pandemic. This is why access to grant funding is critical to help them start, maintain, and grow their businesses. We have compiled a list of grant opportunities available to Latino and Hispanic businesses in celebration of National Hispanic Heritage Month, which spans from September 15 to October 15.
The federal government spends roughly $600 billion in consumer goods and services, making it one of the largest buyers in the country.
For small business owners who may be considering the next stages of their lives, succession planning is a key step in standing down from your small business and/or transferring ownership of your business. While the process may be complex, determining ways to transfer ownership of a business can be rewarding, provide peace of mind and is key in planning for the future. Among those options, small business owners can choose to sell their business to family members or outside parties, sell their shares to a co-owner (if applicable), or extend employee ownership.
The COVID-19 pandemic has brought on numerous challenges for small employers, from supply chain disruptions to increased cyberattacks, which has forced them to rethink their marketing strategies to
In April, we celebrate National Financial Literacy Month, which serves as an opportunity to review your finances, assess your financial literacy and how it can help you take your business to the next level. In celebration of this special month, we reached out to some of our Venturize partners to get their thoughts on National Financial Literacy Month, key advice for business owners, and how their organizations work to support the small business ecosystem.
This post originally appeared on the Inland Empire Business Journal and in partnership with Black Cooperative Investment Fund.
In celebration of National Financial Literacy Month, Small Business Majority's Senior California Program Manager Josaline Cuesta hosted a Q&A session with Black Cooperative Investment Fund's Executive Director Kaine Nicholas on the importance of making financially savvy decisions as small business owners.
The U.S. Small Business Administration (SBA) recently announced an additional deferment period of principal and interest payments for existing COVID-19 Economic Injury Disaster Loans (EIDL). Borrowers have a total of 30 months of deferment period from loan origination on all COVID EIDL loans. This is a change from the previous deferral period of 24 months.
Below you will find some additional information about the new deferment period on EIDL loans:
Small business owners have time to file their 2021 tax returns until April 18, 2022. While the season is quickly approaching, many entrepreneurs may be wondering about new changes to filing taxes or the best software to utilize in order to stay on top of their fiscal responsibilities.
Below you will find a list of resources that can help you file your tax returns and stay on top of your fiscal responsibilities.
Microbusinesses in select counties in California may now apply for small grants from the California Microbusiness COVID-19 Relief Grant Program. The program, which is funded by the State of California and administered by the office of the Small Business Advocate (CalOSBA), provides competitive micro grants of $2,500 to eligible microbusinesses impacted by the COVID-19 pandemic and the related health and safety restrictions put in place.
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