There’s a reason why the old phrase “you have to spend money to make money” is so prevalent—because access to capital is the lifeblood of any business, and small businesses in particular.
When Does Short-term Debt Make Sense?
Enrollment Season is Here: LGBT Small Businesses Get Covered under Health Reform
It’s open enrollment season once again – and that means that employers and employees all across the country are considering their new health insurance options! Thanks to the Affordable Care Act, there are many new options available, particularly for small businesses and their employees.
Why D.C. Small Businesses Support Paid Leave
Paid leave has been a hot topic lately, with several new initiatives and laws in the works around the country and in the D.C. region. Maryland’s Montgomery County recently approved a law allowing employees to accrue a limited number of paid sick days, and D.C. is weighing a law that would provide up to 16 weeks of family leave. Some critics are arguing that paid leave laws are bad for small businesses – but the reality is that many small business owners believe paid leave policies help them attract and retain talented employees, which is good for their bottom line.
A Successful Small Business Saturday
Saturday, November 28 marked Small Business Saturday – an important time to shop locally and support our nation’s small businesses during the holiday shopping season. In recognition of Small Business Saturday, many small businesses offered discounts and specials to encourage people to shop small. Total spending at small businesses on Small Business Saturday reached an impressive $16.2 billion, up from $14.3 billion in 2014.
Elytus: A Different Type of Waste Management Company
While working towards an engineering degree in college, Matthew Hollis quickly realized his real interest wasn’t in memorizing equations or the laws of thermodynamics, but rather in entrepreneurship and how to turn problem solving into a business. He connected with Alan Dillman, who ran a business incubator on Hollis’ college campus. The two quickly realized there was room for innovation and sustainability in the waste collection business, which inspired them to launch Elytus, a waste management company based in Columbus, Ohio.