Having trouble sorting through the endless barrage of news and content online every day? You aren’t alone. Every week, we publish a curated list of some of our favorite articles for small businesses. Tune in every Wednesday to read the latest SMB news, thought leadership pieces from our favorite bloggers, #smallbiztips, and much more.
Counting Down the News this week: Raising capital through crowdfunding, President Biden’s executive order to promote competition, better mental health among the self-employed, and more.
Yahoo! Finance: President Biden signed an executive order last week “aimed at promoting competition across the U.S. economy — including measures that target big tech companies, aim to lower prices for consumers and call for greater scrutiny of mergers across industries.”
MarketWatch: Struggling small businesses are turning to an unexpected place to raise capital – crowdfunding platforms.
NBC: PPP fraud hasn’t ended just because the program is no longer open for applications – a San Jose man has been indicted “in connection with a scheme to submit dozens of fraudulent applications that allegedly netted him $2 million.”
Reuters: Commerce Secretary Gina Raimondo says the aging population is going to hit the U.S. economy like a “ton of bricks” as post-World War Two baby boomers become senior citizens.
AccountingWEB: Heads up – “Taxpayers may benefit from a temporary tax law provision that doubles the usual 50 percent deduction for qualified business expenses for meals to 100 percent of the cost.”
CNBC: The number of workers who have been unemployed for over a year jumped by 248,000 according to the latest figures.
Business Insider: A third of former hospitality workers say they “won't return to the industry during the labor shortage because they want higher pay, better benefits, and a new work environment.”
Small Business Trends: According to a recent study, “the self-employed and entrepreneurs in the United States have experienced less negative mental health symptoms than employed people working in traditional ‘9 – 5’ roles.”
Yahoo! Finance: Fran Finnegan spent 24 years building a successful business. A ransomware attack destroyed it.
CNN: While running your own business comes with tons of perks, it also likely means saving for retirement is completely on you.
Bonus content:
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Did we miss a great article this week? Let us know in the comments below!
About Lauren Detweiler
I am equal parts marketer, traveler, and writer, and I've been doing all three for as long as I can remember. I have spent most of my time since graduating university traveling and working remotely in Africa and Europe. My passion lies in conveying the right messaging to the right people, and being a part of the CountingWorks and TaxBuzz team means I get to do that not only for our company, but for clients across the country as well.
