#small-businesses

#small-businesses

Rising costs have put immense pressure on small high street businesses, pushing many to consider closure or selling due to financial viability concerns in the next few years.

Sylvia's Restaurant, founded in 1962 by Sylvia Woods, is a hallmark of Harlem renowned for soul food and serves as a community gathering place.

Ransomware-as-a-Service (RaaS) allows inexperienced threat actors to launch large-scale attacks, exfiltrate sensitive data, and disable recovery infrastructure, pushing businesses to reassess their strategies.

The number of business insolvencies filed in Germany increased by 2.4 percent in June compared to the previous year, according to data released by Germany's statistical office (Destatis).

According to a recent Juniper Research report, global spending via QR code payments is projected to exceed $8 trillion by 2029 - a huge leap that shows how this simple tool is becoming a vital part of everyday life.

The deepfake economy is rapidly evolving, with scams quadrupling in the last year due to GenAI tools. Professionals across industries are scrambling to counter AI's threats.

Digital marketing levels the playing field, allowing small businesses to compete with larger brands without hefty advertising budgets.

Given the seriousness of the matter, it is reprehensible to keep workers and the public on edge when we should all be focused on negotiating good collective agreements that will benefit workers and grow our public service to meet the needs of all Canadians.

As a company's digital presence becomes increasingly essential for survival and growth, the initiative aims to help neighborhood entrepreneurs strengthen their online visibility and better compete in a marketplace dominated by large corporations.

The 2024 Cannabis Market Report highlights the rapid expansion of New York's cannabis industry, with significant retail growth and the pivotal role of small, independent brands.

We understand that asking backers to pay an additional fee-especially after a campaign has ended-can be sensitive. Our goal is to provide you with the flexibility and transparency necessary to navigate those conversations with clarity and care.

For Nadine Maggi, founder of Sweet Freedom, the new charge is the final straw in what she describes as the toughest trading environment she has seen in 15 years.

"I'm sure if you were to reach out to Marlboro, they would tell you that it's just a coincidence that the heaviest cigarette smokers get cancer," says James Webster.

Across our data, we have seen how small businesses manage with limited resources, suggesting that they often have to make difficult tradeoffs. Increasing health care costs can have that effect - we saw that the firms with the largest health insurance burden increases were the most likely to drop coverage.

"It was striking to me how similar our vision was," says Keiner. "When I talked to Agnes, I was like, 'Wouldn't it be great if we could have a first floor boutique, and it could be really integrated, plants and books?' And then I would talk to Heather and we would have the same conversation: 'Wouldn't it be great if we could do the vintage and the books?'".

Downtime that freezes retail businesses exacts a hefty toll, with an average loss of about $100 every hour for a store with $250,000 annual revenue.

Mogensen emphasized that large operators can dominate in scale, but by leveraging data and technology, smaller resorts like Black Mountain can remain agile and responsive.

Salary sacrifice enquiries have gone parabolic since the Autumn Budget. We've been rushed off our feet running clinics, webinars and workshops.

However, it is worth noting that entrepreneurs do well in chaos because they are able to spot new opportunities quickly. They think of creating where everyone else sees the condition as a daunting problem or a hindering force.