Remove Business Continuity Remove Economy Remove Small Business
article thumbnail

NFIB: Small-Business Optimism Swells, But Challenges Remain

PYMNTS

Small-business owners across the United States are feeling more upbeat about the state of the economy as a growing number expect the downturn to be “short-lived,” the National Federation of Independent Business ( NFIB ) reports. the small business group noted in a press release. points in May to 94.4,

article thumbnail

On Main Street USA, Small Businesses Continue To Rise

PYMNTS

million storefront businesses that form the lifeblood of the U.S. economy are on a run and are seemingly gaining momentum. According to the latest findings of the PYMNTS Store Front Index , small businesses across the U.S. are continuing to build on their gains from 2016. points, has since been picking up steam.

article thumbnail

Small Business Jobs Grow, But Even-Smaller Firms Struggling

PYMNTS

How many of those jobs were added at small businesses? New statistics released by CBIZ and Paychex paint very different pictures about June small business hiring practices. In its Small Business Employment Index , CBIZ concluded that small business hiring soared last month.

article thumbnail

Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

More help for certain small business owners could be on the way if Congress approves another round of Paycheck Protection Program (PPP) loans. The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. In the House, U.S.

article thumbnail

Businesses Are Recovering—But They Need More Capital

Lending Front

Over a year later, many business owners are still holding their breath. . With vaccines rolling out, small businesses are finally on the road to recovery. In fact, new businesses continue to form. More new businesses were registered in the U.S. In Connecticut alone, 22,832 new businesses opened in 2020. .

article thumbnail

Looking Ahead and Preparing for a Post-Coronavirus World

FICO

In the third installment of my series , here are some insights about the future of banking and what small business lenders should prepare for in a post-Coronavirus economy. When it comes to a paperless economy, most people have already become comfortable with the absence of cash and coin.

Posting 75
article thumbnail

Tight Job Market Continues SMB Squeeze: Paychex

PYMNTS

Small businesses continue to struggle amid a tight labor market in the U.S., The company released its Paychex | IGH Markit Small Business Employment Watch report this week, finding that while average small business wages rose for hourly workers, hiring remained flat through the month of February.