For years, it’s been the generally held perception that small companies are the spine of the U.S. economic system. Has that modified? In that case, what’s altering it or what’s threatening to make that generally held perception to possibly not as true because it as soon as was?
This week, our knowledgeable panel from Small Biz Breakdown share their ideas on the concept that small companies are nonetheless the spine of the U.S. economic system.
Take a look at their ideas on that and a lot extra on this week’s episode of Small Biz Breakdown …
Small Enterprise Information Roundup – February 16, 2025
Wildfires in Los Angeles Disrupt Employment and Pay, ADP Knowledge Exhibits
The Palisades and Eaton fires that swept by Los Angeles in January precipitated vital disruptions to the native labor market, with payroll information from ADP displaying a pointy decline in paychecks issued and hours labored. Though the fires instantly affected a small portion of Los Angeles County’s complete employment, their financial impression prolonged nicely past the burn zones.
Xero Experiences Optimistic Gross sales Progress for US Small Companies, Shorter Cost Delays
Small companies within the US noticed improved efficiency within the September 2024 quarter, marking the primary optimistic gross sales progress since late 2022, based on new information from Xero. The findings, a part of Xero Small Enterprise Insights (XSBI), additionally present a discount in late funds and shorter common fee occasions, signaling a extra secure monetary setting for small companies.
Pennsylvania Lawyer Common Warns of Rising PayPal Bill Rip-off
Pennsylvania Lawyer Common Dave Sunday has issued an advisory urging shoppers to be cautious of a rising cyber rip-off involving fraudulent invoices despatched by PayPal. The rip-off targets e-mail customers by sending repeated fee requests that seem pressing, usually together with a toll-free quantity directing victims to a scammer posing as buyer assist.
Zelle Surpasses $1 Trillion in Funds, Units New Document in 2024
Zelle processed over $1 trillion in transactions in 2024, marking the best quantity ever despatched by a person-to-person fee service in a single 12 months. The platform additionally noticed vital progress in transaction quantity and person enrollment, reinforcing its position as a significant monetary device for shoppers and small companies.
Jobber Report Alerts House Service Business Progress Amid Housing Restoration and Digital Cost Surge
The house service business is poised for progress in 2025, fueled by a recovering housing market, growing client confidence, and record-high adoption of digital funds, based on Jobber’s newest House Service Financial Report: 2024 Evaluate and 2025 Outlook.
Google Drive Tops Checklist of Most Used Google Productiveness Apps within the U.S.
A brand new examine by Xodo has recognized Google Drive as essentially the most broadly used Google productiveness device in america, rating forward of Gmail, Google Docs, and Google Slides. The examine, which analyzed month-to-month lively customers and international search quantity, additionally discovered that New York, Massachusetts, and Rhode Island lead the nation in Google app utilization.
Mirage Digital Unlocks Million-Greenback Income Streams for Content material Creators By Syndication
Mirage Digital LLC, a digital content material studio based by entrepreneur Griffin Haddrill and companions John Littell and Robin Bigge, has launched a brand new content material monetization mannequin that has generated over one million {dollars} for its roster of greater than 300 creators.
HP Expands AI-Powered Product Line with New EliteBook and Z Collection Workstations
HP lately unveiled a brand new lineup of AI-powered enterprise PCs and workstations designed to reinforce productiveness and streamline high-performance workflows. The newest units, together with the HP EliteBook Extremely G1i, HP ZBook Extremely G1a, and HP Z2 Mini G1a, combine superior AI capabilities geared toward professionals throughout industries.
ASUS Unveils Cobble SSD Enclosure with Excessive-Pace USB-C and Rugged Design
ASUS has launched the Cobble SSD enclosure, a high-speed, sturdy exterior storage resolution designed for players, professionals, and content material creators. That includes a USB-C 3.2 Gen 2×1 interface with switch speeds as much as 10Gbps, assist for M.2 NVMe PCIe and SATA SSDs, and an IP55-rated water- and dust-resistant chassis, ASUS Cobble delivers each efficiency and safety.
Snap Unveils AI Textual content-to-Picture Mannequin Optimized for Cell Units
Snap has developed a complicated AI diffusion mannequin able to producing high-resolution pictures on cellular units in seconds, marking a major leap in mobile-first synthetic intelligence. The compact and environment friendly mannequin is anticipated to energy a number of new Snapchat options within the coming months.
Is Employment Lifeless for Small Companies?
Since COVID 19, we now have seen a drastic redefinition of how individuals outline work and employment in small enterprise– and a brand new want on how they need to make a residing otherwise. As my visitor on The Small Enterprise Radio Present says within the title of his guide – Is employment lifeless? Josh Drean is co-founder of the Work3 Institute.
eBay Completes Acquisition of Caramel, Increasing Digital Automobile Transaction
eBay Inc. (Nasdaq: EBAY) has finalized its acquisition of Caramel, a web-based automotive transaction platform, strengthening its place within the digital automobile market. The deal, initially introduced in January, goals to streamline automobile gross sales by integrating Caramel’s end-to-end transaction know-how into eBay Motors.
Gasoline Costs Rise Amid Tariff Considerations, Nationwide Common Reaches $3.13
Gasoline costs within the U.S. have elevated barely, with the nationwide common for a gallon of gasoline rising by two cents to $3.13, based on AAA. The rise comes amid considerations over potential tariffs, regardless of fluctuations in provide and demand. In the meantime, the nationwide common for public electrical automobile (EV) charging stays unchanged at 34 cents per kilowatt hour.
