Small Business in the News: Jan 30 - Feb 5, 2016

We know there is too much to keep up with when you’re a busy entrepreneur, so we compile small business news highlights each week for you to read only what matters most. Here is a summary of the top stories for January 30 – February 5, 2015.

Small Businesses are Hiring but Finding Qualified Employees is a Challenge

A report out on Thursday shows that small business have resumed hiring after a pause in December, but are having trouble finding qualified workers to fill open positions. The report showed that 52% of small businesses are hiring, but 29% had openings they couldn't fill. This is indicative of the overall unemployment rate dropping, but suggests that employers will have to offer competitive wages and benefits to attract and keep good employees. Read more...

Cognitive Dissonance Present in Small Business Owners Perspective on Retirement

A recent survey by Harris Poll revealed that small business owners have conflicting opinions about the state of retirement planning. While 84% of small business owners believe American workers are facing a retirement readiness crisis, 60% of SMB owners feel their employees are on track to retire. And while two-thirds of small business owners say it’s important for a business owner to provide retirement benefits, only a third actually offer these benefits to their employees. Read more...

U.S. Bank to Offer Small Business Network from MasterCard®

U.S. Bank will be the first bank in the nation to provide MasterCard's Business Network to its small business customers. The platform, built on the feedback of the Small Business Survey, will provide offers, advice and tools designed to support the efficient and effective growth of small businesses. Among other things, it will enable simple management of employee business credit cards and is launching in conjunction with 3 new business credit cards. Read more...

Year of the Monkey Could Benefit Small Businesses

February 8 marks the new year according to the Chinese lunar calendar, and with it begins the Year of the Monkey. According to Asian tradition, each year in a 12-year cycle is associated with an animal. The Year of the Monkey should be prosperous one for small businesses, since the Monkey is positive and optimistic. While possibly tumultuous due to the influence of the element fire, it could be an auspicious year for entrepreneurs. Read more...

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