Inflation is beginning to take a little-noticed but major toll on the small business economy, according to a new survey by the U.S. Chamber of Commerce, which found 67% of the companies it surveyed have raised prices, 41% have decreased staff, and 39% have taken out a loan. One in three of America’s small business […]
Lori Ioannou
Posted inInnovation
Accessing Money Tools: NFTs Explained, And How Creators Can Take Advantage of Web3
This is Part 2 of a two-part series on the Creator Economy. See Part 1: A Gold Rush Mentality is Overtaking the Creator Economy A key part of the transformation to the creative economy is the rise of Web3, which includes blockchain and NFT and digital token technology. “But these are early days, and not […]
Posted inInnovation
A Gold Rush Mentality is Taking Hold in the Creator Economy
Hundreds of thousands of brand new entrepreneurs are flooding into the creator economy, as the pandemic causes a seismic shift in people’s attitudes toward work, and Web3 offers more tools than ever before to monetize art and other talents. The potential rewards are on the rise. Some people are earning hundreds of thousands of dollars. […]
Posted inUncategorized
Big Banks Increase Fees and Tighten Credit on Small Businesses
Entrepreneurs have suffered through tough times during the Covid-19 pandemic and now many are struggling to survive by adeptly managing cash flow and inventory while shoring up working capital. But even as banking profits rise by double digits, some big banks are raising fees and minimum balance requirements on millions of small businesses, and tightening […]
