In the News: Challenges Loom as Small Business Week Begins

Next week is National Small Business Week in America.

And while it’s usually party time – it still is – it’s hard to ignore the challenges currently facing small businesses across the country.

The Small Business Administration recently announced the schedule of virtual summit events for Small Business Week. It’s always a time to celebrate the contribution of small businesses to the American economy. But this year, like last year, small businesses face an increasing number of challenges.

Learn about many of these challenges in this week’s Small Business News Report.

Small Business News – September 10, 2021

Here are the stories that affected small business owners nationwide this week:

Biden’s Covid mandates will affect millions of companies

President Joe Biden announced new mandates for COVID on Thursday that will affect millions of American businesses. The president says these measures are necessary to thwart the COVID pandemic but will take time to have full effect. Biden says these measures are necessary “to keep our economy strong by keeping our businesses open.

IDA relief work grants and loans are available in several countries

Small businesses in the path of Hurricane Ida that have suffered damage may be eligible for grants, loans, and financial aid. The key is to apply as soon as possible so that you can get that money to get your business up and running. Disaster Relief Available to Businesses in the Path of Hurricane Ida The path of devastation left by Hurricane Ida began on August 29, when it made landfall in Louisiana.

SBA announces National Small Business Week virtual summit schedule

The schedule of events has been announced for the National Small Business Week virtual summit hosted by the Small Business Administration (SBA) September 13-15. The theme of the summit will be “Celebrating Resilience and Renewal” to honor more than 30 million small businesses in the United States.

Small Entrepreneurs Receive $5.2 Million in PRIME Business Grants

The U.S. Small Business Administration (SBA) has awarded 27 grant awards to the Small Entrepreneur Investment Program (PRIME) organizations. PRIME business grants equal a total of $5.2 million. Giving Young Entrepreneurs $5.

New Delta variable states mean less business travel

The new delta variant is increasing the number of COVID-19 cases. According to a new survey conducted on behalf of the American Hotel and Residence Association (AHLA), 67% of business travelers plan to take fewer trips because of it.

Chicken farmers agree to compromise with big wizards Tyson and Purdue

According to the Associated Press (AP), Tyson and Purdue, two of the country’s largest poultry companies, will pay nearly $35 million to settle a lawsuit by chicken farmers. Chicken farmers claimed to earn between $12,000 and $40,000 a year 12-16 hours a day all year round.

Gas prices may drop as COVID cases rise

Demand concerns have sent oil and gasoline futures prices lower, with gas prices in Florida already down 3 cents and set to fall further. Prices will continue to fall unless futures prices recover from recent sharp declines, with gas prices in Florida now averaging $2.98 a gallon.

Best TikTok Influencers of 2021

Since its launch in 2016, the social media platform TikTok has experienced exponential growth. The go-to social media platform for short videos of fifteen seconds to three minutes has attracted more than one billion users and been downloaded more than 200 million times in the United States alone.

Leave a Comment