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Small Business
Top stories summarized by our editors
1/21/2022

Kindness pays in business by generating repeat clients, referrals and a good reputation, entrepreneur Ken Sterling writes. Sterling's company puts kindness into action by taking care of employees, viewing competitors as allies and handling problems with honesty and accountability.

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Sterling
1/21/2022

Data from the Census Bureau shows that 8.8 million Americans were out sick between Dec. 29 and Jan. 10 due to contracting the coronavirus or looking after someone else who was ill. In addition, 3.2 million didn't go to work because they were afraid of getting the virus, an increase of 25% over December.

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The Hill
1/21/2022

Wi-Fi marketing provides a connection in exchange for customer data, and can cost businesses anywhere from $25 to $4,000 per month depending on the software, writes Rob Starr. Offering Wi-Fi connection can attract customers to your businesses' physical locations, as well as kickstart email campaigns and improve customer engagement, Starr writes.

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Small Business Trends
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Rob Starr, Starr
1/21/2022

Equitability, clarity and flexibility should factor in to pay policies for remote workers, financial-services professional Patrick Luther writes. "Longer term, how new hires are compensated, whether they work in an office or remote, may well depend on labor supply and demand," Luther notes.

1/21/2022

Notable changes to corporate income tax rates this year in the 44 states that levy them include a temporary drop in Florida and permanent drops in Arkansas, Idaho and Indiana, writes Janelle Cammenga. North Carolina has the lowest rate, and New Jersey has the highest, Cammenga notes.

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Tax Foundation
1/21/2022

Researching the benefits and drawbacks of various business funding methods can make choosing one less overwhelming. Credit expert Michelle Black and loans editor Jordan Tarver outline the pros and cons of eight popular options.

1/21/2022

Three-year-old package tracking business Route, which uses artificial intelligence-driven software, is now worth $1.25 billion, according to its co-founder and CEO Evan Walker. Route's revenue more than doubled in 2021, to an estimated $80 million, from $34 million a year earlier, which helped attract new financing and establish its "unicorn" status.

1/21/2022

Husband-and-wife entrepreneurs Jamie and Jilea Hemmings say they have opened the first Black-owned contactless grocery store in the Atlanta area. At Nourish + Bloom Market, in Fayetteville, Ga., shoppers scan items on the store's app as they walk through the store and are automatically charged for the groceries and prepared foods as they leave.

1/21/2022

Before launching a business, talk with people in your industry who are at least five years ahead of you,
writes Nina Greimel, founder of a public relations agency and writer for Medium. She also suggests running your idea by a stranger, a prospective customer, a marketing expert, and even a child, to uncover "fundamental questions" you may not be addressing.

1/21/2022

Budding entrepreneurs should proceed with caution in opening a business during the pandemic, writes Sophia Ononye-Onyia, founder of The Sophia Consulting Firm. Ononye-Onyia writes that meticulous planning hasn't been enough to survive the challenges today and that new business owners need to have patience and be creative.

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Entrepreneur