Small Business

Igor Golovniov/SOPA Images | LightRocket | Getty Images Mastercard announced Tuesday a multimillion dollar investment in Fearless Fund, a venture capital firm founded by Black women with the mission of investing in minority female entrepreneurs. The exact amount was not disclosed. The credit card giant also unveiled a partnership with Greenwood, a fintech firm aimed
0 Comments
In this article DIS SEAS CMCSA Disneyland and Universal Theme Parks set to reopen. Paul Rovere | Getty Images In March, Michael Afram’s transportation company had its best sales month since California closed down last year due to the pandemic. As the state loosened some of its coronavirus restrictions and vaccinations rates increased, Karmel Shuttle
0 Comments
Small business closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable. “It continues to be a very painful time for small businesses,” John Stanford, co-executive director of the Small Business Roundtable, told CNBC’s “Worldwide Exchange” on Thursday. The report,
0 Comments
SDI Productions | Getty Images 2020 brought forward a crucial national conversation centered on the need for companies — from Main Street to Wall Street — to look inward at hiring practices, employment policies, recruitment and other aspects of the employment process to expand opportunities for diversity, equity and inclusion. It seems every company in
0 Comments
A small business owner in Chinatown, San Francisco Source: CNBC Beginning April 6, small businesses and non-profits can apply for up to 24 months of relief, with a maximum loan amount of $500,000, the Small Business Administration announced Wednesday. The previous limit for such businesses was six months, with a maximum loan amount of $150,000.
0 Comments
Patrice Washington started her career before graduating college. The USC grad became a real estate broker while juggling classes and homework during her senior year.  After graduating in 2003, Washington opened her own boutique real estate and mortgage brokerage. She immediately had to hire employees to keep up with demand. By 2007, she had made
0 Comments
Maskot The IRS and Treasury Department have extended the tax filing season, pushing the deadline to May 17 from April 15. The extension won’t help every taxpayer, however. That’s because it does not include estimated tax payments, which are still due April 15. Some taxpayers must make quarterly estimated tax payments throughout the year to
0 Comments
Isabel Guzman, administrator of the U.S. Small Business Administration (SBA) nominee for U.S. President Joe Biden, is sworn in during a Senate Small Business and Entrepreneurship Committee confirmation hearing in Washington, D.C., on Wednesday, Feb. 3, 2021. Bill Leary | Bloomberg | Getty Images The Senate plans to confirm Isabel Guzman to head the Small
0 Comments
CNBC’s Jim Cramer said Monday he’s concerned about plans to further ease indoor dining restrictions in New York City, and he won’t accelerate May plans to reopen his Covid shuttered Brooklyn restaurant. Restaurants in the city will be able to expand to 50% occupancy starting Friday, up from the current policy of 25%. The move comes as
0 Comments
Matt Strickland, owner of Gourmeltz in Fredericksburg, Virginia, at his restaurant on Feb. 12, 2021. Strickland continues to operate his restaurant even though he said his license had been revoked by health officials for failing to comply with Covid-19 restrictions. Kevin Fogarty | Reuters For some of the smallest businesses that applied for forgivable loans
0 Comments