Latest Small business News

In this Jan. 8, 2020, photo Marian Nixon poses for a photo at her home in Chicago. Nixon finds its easier for her prints, clothes and sketch books to be seen on Amazon rather than on her own website. But selling online presents challenges that can be hard, even impossible to overcome. She gets good reviews for her designs, but she's had bad reviews when something has gone wrong with shipping, which is out of her control. (AP Photo/Nam Y. Huh)

Want to sell on Amazon? Businesses must weigh pros, cons

Jan. 15, 2020 10:43 AM EST

NEW YORK (AP) — While many small manufacturers and retailers believe Amazon is the place to be, Lyris Autran is forgoing the opportunity. Autran wants to keep the prices on her leashes, bowls and other products for dogs competitive. It costs money to sell on Amazon.com — a 15% fee on each sale and...

FILE - In this July 11, 2012, file photo, John Arensmeyer, CEO of the advocacy group Small Business Majority, poses for a portrait at the Small Business Majority office in Washington. The Setting Every Community Up for Retirement Enhancement Act, known as the SECURE Act, won final congressional approval in the Senate last month and was signed into law by President Donald Trump. One of the bill's features makes it easier for small businesses to band together to offer 401(k) and other retirement plans.“ Most small businesses simply don’t have the funds or staff to offer and manage retirement plans,” said Arensmeyer. (AP Photo/Jacquelyn Martin, File)

New law may encourage businesses to offer retirement plans

Jan. 6, 2020 3:25 PM EST

NEW YORK (AP) — A new law expanding retirement plan options for small businesses may encourage more companies to offer the benefits to their workers. The Setting Every Community Up for Retirement Enhancement Act, known as the SECURE Act, won final congressional approval in the Senate last month and was...

FILE - In this July 18, 2019, file photo speaker of the House Nancy Pelosi, D-Calif., joins fellow Democrats and activists seeking better pay as the House approved legislation to raise the federal minimum wage for the first time in a decade _ to $15 an hour, at the Capitol in Washington. As of Jan. 1, 2020, there are higher minimum wages in a quarter of the states, and new federal overtime rules. (AP Photo/J. Scott Applewhite, File)

2020 brings higher labor costs for small businesses

Jan. 3, 2020 6:06 PM EST

NEW YORK (AP) — Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies, and some owners will discover that they have to comply with new laws that aren’t on the books in their own states. As of Jan. 1, there are higher minimum wages in...

FILE - In this May 8, 2019, file photo Uber and Lyft drivers carry signs during a demonstration outside of Uber headquarters in San Francisco. A California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing. (AP Photo/Eric Risberg, File)

Calif law will force small businesses to rethink staffing

Dec. 26, 2019 7:02 PM EST

NEW YORK (AP) — A California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing. The law puts tough restrictions on who can be independent contractors or freelancers rather...

FILE - In this April 9, 2018, file photo a cashier rings up a purchase at a store in Salem, N.H. The new year brings new overtime rules for employers including small businesses and in turn, a pay raise for an estimated 1.3 million workers. The Labor Department rules that go into effect Jan. 1 raise to $684 per week, or $35,568 a year, the threshold at which employees are exempt from being paid overtime.(AP Photo/Elise Amendola, File)

Businesses facing new overtime rules in new year

Dec. 23, 2019 1:01 PM EST

NEW YORK (AP) — The new year brings new overtime rules for employers including small businesses and in turn, a pay raise for an estimated 1.3 million workers. The Labor Department rules that go into effect Jan. 1 raise to $684 per week, or $35,568 a year, the threshold at which employees are exempt from...

This undated photo provided by APRA AMCOS shows Josh Simons. If the thousands of Californians who use Simons' app for musicians demand next month that Vampr delete their personal information, Simons will be ready to comply. The social network company expects to be one of thousands of businesses across the country subject to the California Consumer Privacy Act, a law that takes effect Jan. 1, 2020, and gives consumers control over personal information the companies collect, store and often share with other enterprises. (Jacinta Keefe/APRA AMCOS via AP)

Calif consumer privacy law can affect businesses across U.S.

Dec. 18, 2019 1:24 PM EST

NEW YORK (AP) — If the thousands of Californians who use Josh Simons' app for musicians demand next month that Vampr delete their personal information, Simons will be ready to comply. The social network company expects to be one of many businesses nationwide subject to the California Consumer Privacy Act,...

FILE - In this Nov. 4, 2019, file photo a job posting is displayed near the entrance outside a restaurant in Orlando, Fla. Although many small businesses struggle to find staffers to fill their open positions, many entrepreneurs with recently launched companies intend to create jobs within a few years. (AP Photo/John Raoux, File)

Entrepreneurs upbeat about hiring, researchers find

Dec. 16, 2019 11:51 AM EST

NEW YORK (AP) — Although many small businesses struggle to find staffers to fill their open positions, many entrepreneurs with recently launched companies intend to create jobs within a few years. That's one of the findings of a study by researchers at Babson College in Wellesley, Massachusetts. The study,...

In this Wednesday, Dec. 4, 2019, photo Pete Mulvihill poses for a photo in  his Browser Books store that he recently opened in San Francisco. Mulvihill has felt optimistic enough about being an independent bookseller that he bought a third store within the past two months. (AP Photo/Eric Risberg)

Indie booksellers persevere despite Amazon, rising costs

Dec. 11, 2019 11:12 AM EST

NEW YORK (AP) — Pete Mulvihill has felt optimistic enough about selling books that he bought a third bookstore within the past two months. “The industry is much better than it was — the last four to five years have been pretty healthy,” says Mulvihill, who owns three Green Apple Books...

FILE - In this Nov. 4, 2019, file photo a job posting is displayed near the entrance outside a restaurant in Orlando, Fla. Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020. (AP Photo/John Raoux, File)

Small business hiring slow, likely to remain so, reports say

Dec. 9, 2019 10:34 AM EST

NEW YORK (AP) — Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020. Payroll processor ADP said its customers with up to 49 employees added 11,000 jobs in...

FILE - In this Oct. 8, 2019, file photo a woman types on a keyboard in New York. Phishing scams that infect a computer and potentially allow hackers to invade bank and other accounts are highly preventable, but it takes eternal vigilance on the part of computer users. (AP Photo/Jenny Kane, File)

Holidays bring phishing scam surge aimed at small business

Dec. 4, 2019 1:13 PM EST

NEW YORK (AP) — The email looked legitimate, so Danielle Radin clicked on the link it contained, expecting to have her products included in a holiday gift guide. “I instantly regretted it,” says Radin, owner of Mantra Magnets, a website that sells wellness products. “It took me to some...