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U.S. SBA Clarifies Federal Small Business Classification for 27M Creator-Led Businesses
3+ hour, 38+ min ago (445+ words) The U.S. Small Business Administration (SBA) announced October 15 that qualifying content creators fall under NAICS code 5121, Motion Picture and Video Industries, for purposes of SBA lending and contracting eligibility. The agency said the clarification covers 27 million creator-led businesses nationwide and is…...
SBA Recognizes Content Creators as Small Businesses Under New Guidelines
14+ hour, 30+ min ago (226+ words) “America’s creators are entrepreneurs who build businesses from original ideas, unique audiences, and content into thriving small businesses that create jobs,” said SBA Administrator Kelly Loeffler. This statement highlights the significance of the decision, which reflects the extensive growth and…...
Client Challenge
22+ hour, 22+ min ago (13+ words) US consumers are muscling through higher prices, but for how long? Jacksonville Journal-Courier...
10 Pricing Strategies to Deal with Persistent Inflation
22+ hour ago (108+ words) When costs rise, companies often raise prices to preserve margins—but that approach can drive away customers and reduce total profits. Pricing expert Rafi Mohammed outlines ten alternatives, including targeted discounts, product bundles, lower-cost and premium offerings, and contracts that…...
Pivot cuts bridging and development finance rates by 200bps
1+ day, 8+ hour ago (231+ words) Since its management buyout in February this year, Pivot has broadened its lending offering, including an expansion into commercial development finance. Pivot has cut its bridging and development finance rates by 200bps, with pricing now starting from 6% above Bank of England…...
What peak season really costs a business, and when you pay for it
1+ day, 7+ hour ago (887+ words) The discount comes off a Black Friday order on day one. The rest of its cost reaches the accounts over the next two months, and most of it is decided in advance. If your business sends parcels, the run-up to…...
Pivot cuts bridging and development finance rates by 200 bps
1+ day, 5+ hour ago (456+ words) Pivot, the specialist real estate lender, has reduced its interest rates by 200 bps, with its bridging and development finance now starting from 6% per annum above BoE base rate. Since its management buyout in February this year, backed by Foresight Group,…...
Small Business Regulatory Enforcement Fairness Act (SBREFA)
1+ day, 14+ hour ago (183+ words) The signing of SBREFA into law created a Small Business Administration National Ombudsman and ten Regional Regulatory Fairness Boards to oversee the implementation of the Act. One of the recommendations by the National Ombudsman and the Fairness Boards was for…...
In ‘rug pull,’ DED delayed new BIA contracts for months and left startups with few answers
1+ day, 19+ hour ago (1454+ words) A legal review at DED and a new funding stream for the BIA was poorly communicated to new awardees under the program, who had to wait from July until mid-September to start receiving expected grant funding. Questions remain about how…...
Rising prices, economic uncertainty continue to impact Salt Lake City businesses
1+ day, 19+ hour ago (22+ words) Rising prices, economic uncertainty continue to impact Salt Lake City businesses...