Articles by tag: Small Businesses
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…
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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Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…