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Small businesses ‘win’ when they support one another
There is plenty of space for small businesses to win. Supporting other small businesses is important for success for small business owners. That support between entrepreneurs can come in different forms. When you think of businesses in the same space, you think competition, right? Business, no matter what kind, is often competitive. But for small businesses and entrepreneurs, mutual uplifting is vital. To that end, Amy D’Alessio devotes about an hour of her day promoting small businesses in Essex, Connecticut, where she owns a clothing store called J. Alden Women’s on Main Street that lives in a shared space with her husband’s J. Alden Clothiers. D’Alessio serves as president of the Essex…
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Flooding is often-overlooked risk for Upstate homes and businesses
The unfortunate truth is flooding can happen anywhere. The challenge for property owners, whether the property is a home or a business, is assessing the risk of a flood loss and whether flood insurance is the best option to minimize it. Chanticleer Golf Course at Greenville Country Club flooding on May 20, 2020. Photo by Mark Johnston Flooding is not just a coastal problem Russ Dubisky, executive director of the S.C. Insurance Association in Columbia, says coastal flooding events tend to get more attention because they often result in the total loss of homes and businesses due to storm surges. But, while Upstate residents are extremely unlikely to see their…
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Small businesses have until year’s end to get $100 billion in expiring SBA funds
Time is running out for businesses to get COVID funding from the Small Business Administration. Are you leaving money on the table? Unfortunately, many are. The Economic Injury Disaster Loan program, or EIDL, was created as an offshoot of the agency’s existing disaster loan programs. It is specifically targeted at businesses in disaster areas caused by the COVID-19 pandemic. Since its introduction, billions have been distributed in the form of loans and grants to millions of small businesses. As of last week, almost $300 billion in loans and grants has been approved by the SBA. About 282,000 small businesses in Pennsylvania and New Jersey took part in the programs, receiving…
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Las Cruces, Mesilla businesses plan Small Business Saturday events
LAS CRUCES – Shoppers, pace yourselves this week to leave plenty of time to visit Las Cruces-area shops amid the 12th annual Small Business Saturday. The tax holiday officially begins after midnight on Saturday, Nov. 27 and lasts 24 hours. According to the state’s Taxation and Revenue Department, businesses that are New Mexico-based and claim 10 or fewer employees can deduct gross receipts tax on sales for certain items that cost no more than $500. This includes clothing, accessories, cosmetics, books, artwork, sporting goods and more. According to information from the U.S. Small Business Administration, spending by consumers at small businesses across the country during the 2020 tax holiday reportedly reached an…
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9 Nominated Businesses To Support on Small Business Saturday
The holiday season is a critical time for small businesses. According to a recent American Express study, 78{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} of small-business merchants say that holiday sales will impact their ability to stay in business in 2022. Every small-business purchase adds up to make a large impact — consumers shopping small this holiday season have the potential to contribute an estimated $695 billion into the U.S. small-business economy, the study found — so consider making your gift purchases at a local or online small business. See: Why Everyone Should Have a Small Business Idea ReadyStart Your Own: Small-Business Ideas for a Post-Pandemic World Need some inspiration? This Small Business Saturday, consider buying from one…
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Minnesotans had to get creative to save their small businesses
Colleen O’Connor was surrounded by a mess of her own making, just the way she liked it. Across the tables of her St. Paul art studio were small frames, cups of paintbrushes and mini plastic pots filled with acrylic paint she mixed herself. She moved into the space in October 2019, thinking it would be a good place to host classes and expand a business she’d been running from her attic. “The intention of the studio was to up my game a little bit and to prove to myself and others that I was an artist,” O’Connor said. Six months later, her hopes and ideas changed. The worst public health…
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