News and Trends

How will a Trump presidency impact small businesses? As Trump prepares to take office a second time in January 2025, speculation is running high about the benefits and risks for small businesses. [...]

Small businesses are “pressing pause” until the election  The latest survey from the NFIB (National Federation of Independent Businesses) reveals that small business owners are hesitant about [...]

Despite planned rate cuts, inflation hits small businesses hard Small business optimism dipped in August as inflation remained the top concern, according to the NFIB (National Federation of [...]

U.S. sees slow job growth and rising unemployment  According to some experts, the state of the U.S. job market could indicate an economic slowdown or even a recession ahead. The unemployment rate [...]

Bank execs weigh in on consumer outlook Reuters recently took the pulse at America’s top banks by collecting comments from their executives, and the results are a mixed bag.  JPMorgan Chase sees [...]

Fed’s Rate Cut Plans for 2024: A Reality Check The Federal Reserve has signaled a cautious approach to rate cuts in 2024, likely delaying any action until after the election. Despite [...]

Days payable outstanding: The key to better cash flow This article from CFO.com takes a close look at days payable outstanding (DPO), a ratio that measures how many days, on average, a company [...]

20% of companies take 90 days to pay suppliers New research from Allianz reveals that one in five corporate companies take 90 days to pay their suppliers, and it’s having an outsized impact on [...]

Inflation a top concern for small business U.S. Chamber of Commerce data shows that nearly one-quarter of small business owners (23%) consider inflation to be their top concern. Given that 54% [...]

SURVEY: 3 in 5 accountants make errors every month A new survey from Gartner reveals that most accountants (59%) make errors every month as increased regulatory complexity and economic volatility [...]