So, what small business doesn’t face challenges these days? With economic indicators on the negative side for many metrics, small businesses live with many challenges. And grants offer some relief for those lucky enough to get approved. But first, they have to sign up, which is the best advice if you want to get financial aid this way.
Remember, if you don’t apply, you have no chance of getting a scholarship. Apply and you will have improved your chances much more. And with that in mind, the grants in this week’s summary are designed to help companies meet the challenges they face.
Several states have grants for a range of issues to help small businesses. This includes start-up costs, local storefront improvements, staff recovery, training, safe operations, recruiting and more. The key, as always, with grants, is to make sure you follow the instructions strictly. This ensures that your application is not thrown away before it has even been considered. Another important point is to submit the application as early as possible. Good luck!
In related news, the Small Business Administration (SBA) is asking for input on COVID grants and small business loans. Participation in the survey can provide insight into how the SBA awards grants and stay informed about any future funding opportunities.
Small Business News Feed – June 24, 2022
Make sure you also stay on top of other small business news by checking out the rest of this week’s roundup:
Denny’s Committed to Black Franchise Business Ownership Program
Denny’s recently announced its commitment to the Pathways to Black Franchise Ownership program established by the Multicultural Foodservice & Hospitality Alliance (MFHA).
Amazon announces Prime Day 2022 for July 12-13
Amazon’s Prime Day 2022 has been announced for July 12-13 and it will be a great time for small businesses and entrepreneurs to get great deals on items they may need.
SCORE Analysis Shows LGBTQ+ Small Businesses Contribute $1.4 Trillion to the U.S. Economy
The 1.4 million LGBTQ+ entrepreneurs in the United States are honored during Pride Month by SCORE, small business mentors and a resource partner of the United States Small Business Administration (SBA). SCORE Analysis Shows LGBTQ+ Small Businesses Contribute $1.4 Trillion to the U.S. Economy It’s an appropriate time to celebrate the efforts of LGBTQ+ small businesses that contribute $1.
Barry Moltz on Making Changes to Your Business
Small business owners face a variety of threats to the survival of their business, including technology and shifts in customer tastes. Change management can help a small business survive in a sea of competition. What is change management? To thrive and grow, a business must change and evolve. That is what change management is all about.
Mortgage yields historically make biggest weekly jump – highest since 2008
Mortgage rates have risen sharply this week, by more than half a percentage point. Figures in FreddieMac’s Primary Mortgage Market Survey (PMMS), show that as of June 16, the average 30-year bond yield is now 5.78%, up from 5.23%.
Fed raises interest rate by 0.75%
The Feds raised interest rates by 0.75% this week. That’s not good news, especially since it comes on the heels of May’s 0.50% gain. Another meeting of the Federal Reserve is scheduled for the end of July and economists predict that interest rates will rise again before the end of the year, by as much as 1.75%.
Why Your Employees Are Targeted by Hackers
For small business owners, cybersecurity is an even bigger issue this year with so many employees working from home. According to Fundera, 40% of all small businesses will experience an attack and cost the company hundreds of thousands of dollars. One of the biggest problems is password protection.
How to protect against inflation in 2022
As a small business owner, you need to plan ahead and anticipate changes in the economy that could affect your business. Like in times of high inflation. If you are not prepared for this, it can seriously hurt your profits. Fortunately, there are steps you can take to protect your business from rising prices. In this article we will outline some of them.
Why is inflation so high now?
Inflation is an urgent problem in the minds of economists and policymakers. It is on the rise all over the world, and apparently no country is immune to its effects. So what’s behind this troubling trend, and why does it seem to be getting worse? This article examines some possible causes of inflation in 2022.
Follow us on Google News for the latest news.
Image: DepositphotosMore in: Small Business Grants
This post Up to $30K in grants for small businesses facing challenges was original published at “https://smallbiztrends.com/2022/06/small-business-news-roundup-june-24-2022.html”