Small Business

Alberta NDP pledges to eliminate small business tax if elected

Posted on May 17, 2023

In her announcement on Monday in Calgary, Notley committed that an Alberta NDP government will eliminate small business taxes for more than 100,000 small businesses, including retail establishments, restaurants, mechanic shops, family farms, and more. She said small businesses are a major economic driver in the province, employing more than one million Albertans.The small business tax rate in Alberta currently sits at two per cent on the first $500,000 of income generated. The NDP said in a media release that small businesses would save up to $10,000 per year, at an estimated cost of $150 million to the Government…

What I learned co-founding venture-backed handy.com

Posted on May 15, 2023

I am one of the co-founders of handy.com, an “Uber” for cleaning company that went on to raise over 100 million dollars from renowned investors such as Highland Capital Partners and General Catalyst and got acquired by Angie’s List in 2018. Here’s what I learned from co-founding handy.com. Choose your partners wisely. My business partners and I were strangers. They posted on a Harvard discussion group looking for a co-founder, I responded, and we launched handy.com. Before partnering with them, I spent time with them to get to know them. I wanted to make sure that my values align with…

Dreaming of a Retirement in Business

Posted on May 6, 2023

It’s the typical dream of many older adults. Quitting the 9 to 5 corporate jobs and opening a little bookstore (coffee shop, floral shop, boutique) near a beach (national park, quaint tourist town, hometown). The plan is to open the shop doors when you feel like it, hang out and talk to friends and customers all day, and close up when the mood strikes you. It’s not working; it’s a place to socialize and live your best life. Familiar sound? It is a beautiful story. Dream or Nightmare? I’m here to pour a little cold water on the fairy tale.…

Texas Governor honors Vicksburg native as Small Business Person of the Year – The Vicksburg Post

Posted on May 5, 2023

Texas Governor honors Vicksburg native as Small Business Person of the Year Published 2:32 pm Wednesday, January 25, 2023Texas Gov. Greg Abbott, center, presents Vicksburg native Tim Porter with the National Small Business Person of the Year Award. (Photo Submitted)Vicksburg native Tim Porter, now a resident of San Antonio, Texas, was presented the National Small Business Person of the Year Award by Texas Gov. Greg Abbott this past October. Porter is the founder and CEO of Appdiction Studios, LLC, a business that develops apps, including one for students to report acts of aggression. He was also presented with…

How Financial Advisors Can Help Small Businesses

Posted on May 2, 2023

Running a small business can be a demanding endeavor, with business owners often stretching thin across various responsibilities, including legal, human resources, and daily operations. One crucial aspect that may not receive the necessary attention is the financial health of the business. This is where financial advisors can step in and play a pivotal role in helping small businesses succeed.Below, we share several ways of financial advisors that can assist small business owners in maximizing value and time: insurance planning, asset management, exit strategy, employee benefits, and wealth management for owners.Key TakeawaysSmall business owners can build relationships…

We are surveying women founding & growing startups & small businesses

Posted on May 1, 2023

Lead or own a small business or startup in Australia? We’d love your input for key research on women running and building businesses. We’ll be collating the results for a special report released in October, highlighting some of the opportunities and challenges for women in business in the year ahead, and also using the data to drive policymakers and decision-makers to offer more support where needed. Check out the survey here. The survey takes around five minutes and is made possible thanks to the support of CommBank Women in Focus — with the results collated, respondent data remaining anonymous, and…

Biden Administration Begins Initiative to Expand Access to Capital for Small Businesses

Posted on April 23, 2023

The Biden administration is looking to strengthen the small business sector by expanding access to capital, investments, technical assistance and services required to support the companies’ growth initiatives. As part of the initiative, the administration has proposed rules to diversify the network of private funds and managers that provide long-term debt or equity investments to small businesses and extend additional licenses to nonbank lenders and community development financial institutions, the White House said Tuesday . The Small Business Administration is also proposing to update regulations governing certain loan programs to ease processing burdens for small business borrowers. In December 2022,…

White House Roundtable on Small Business Initiatives

Posted on April 18, 2023

LiftFund founder Janie Barrera was part of a select group of leaders invited to the White House to participate in a roundtable regarding a wide range of new initiatives to expand access to capital for small businesses. Courtesy Image Texas Border Business – Advertisements –LiftFund founder Janie Barrera was part of a select group of leaders invited to the White House to participate in a roundtable regarding a wide range of new initiatives to expand access to capital for small businesses. quote: “LiftFund is proud to be a part of the conversation to make sure programs are as accessible…