Articles by tag: Small Businesses

Small Retailers are at the Forefront of Economic and Community Revival

small retailers

As big-box retailers like Walmart and Target continue to expand their physical storefronts, small business retailers are carving out a niche by integrating deeply with their local communities. These local shops, unlike their gigantic counterparts, are leveraging their brick-and-mortar presence to enhance community ties and foster local economies. While large retailers invest in blending…

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More Small Businesses are Going Bankrupt With High Interest Rates and a Shrinking Bank Loan Supply

With fluctuating interest rates and economic uncertainty, the challenges facing the banking sector and, by extension, small to medium-sized businesses, are more complex than many might think. Private debt has several implications which offer a sobering look at how interest rate changes impact not just macroeconomic stability but also loan growth and business…

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Small Businesses are Better Equipped to Prevent Cybercrime. DHS’s Recent Funding Will Aid Their Research.

Since the inception of the internet, cybercrime has been a concern. The escalating wave of cyber threats necessitates cutting-edge defenses to safeguard our digital realm. Recognizing this, the Department of Homeland Security (DHS) has recently awarded $3.15 million to 20 small businesses for proof-of-concept research in cybersecurity. Given that small businesses contributed to 44…

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NYC, Goldman Sachs Launch Effort to Give Struggling Small Businesses a Lift

(Bloomberg) — New York City Mayor Eric Adams on Monday will announce a new partnership with Goldman Sachs Group Inc. and Mastercard Inc. that will create the largest public-private loan fund for small businesses in the city’s history. The $75 million NYC Small Business Opportunity Fund will offer businesses loans ranging from $2,000 to $250,000…

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Retail
The Longterm Impact of Retail Closures in 2021

The CEO of Mainvest, Nick Mathews, discusses big news out of the Bureau of Labor Statistics on massive incoming retail closures in 2021. He breaks down which sectors are most impacted, but specifically, gives insight on how small businesses are being hit, and offers strategies for how government and business communities can step in…

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motor fuels audit tips
Motor Fuels Tax Minute – Episode 48: Audit Tips
May 21, 2024

In this week’s episode of Motor Fuels Tax Minute, our hosts introduce Supervisor and Motor Fuels team member, Bryan Ruwaldt, who offers audit tips.   For information or assistance, contact us. We are here to help. ©2024 Detailed Description of Weaver’s Motor Fuels Tax Minute, Episode 48 00:00:00 Kelly: Thank you for joining us on this…

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facilities
Learning, Sharing, and Harmonizing with Communities are Central to the Success of Applied Digital’s Facilities
May 20, 2024

Nick Phillips, the EVP of Hosting Operations and Public Affairs at Applied Digital emphasizes the importance of learning and understanding the unique needs and resources of each community they engage with and build their facilities. Their approach is to identify what the community can offer and what they can contribute in return. This process…

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gpu deployment
Applied Digital is Scaling Up Infrastructure to Handle Growing GPU Deployment Needs
May 20, 2024

During a transformative period, Applied Digital experienced a significant increase in demand for large-scale GPU deployment. This demand required a focus on power density, as the networking within data centers, particularly for InfiniBand, necessitated that servers be located close together. Each server consumed 10.2 kilowatts of power, and the optimal performance was achieved when…

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power sources
Applied Digital is Revolutionizing High Performance Computing by Locating Facilities at Unique Power Sources
May 20, 2024

Applied Digital optimizes high-performance computing by leveraging unique power sources, and locating facilities at the source of power rather than in traditional cloud regions. This approach is particularly suited for AI workloads, which do not require ultra-low latency like video streaming. By targeting areas with abundant but underutilized power, known as “stranded power,” the…

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