Restaurants Struggling to Find Employees is Nationwide Trend
Across the country, restauranteurs are struggling to find employees. Last week, the National Federation of Independent Business surveyed more than 500 small businesses and reported that 42% of them had job openings they couldn’t fill – the latest trend following the enhanced, long-term unemployment benefits included in the American Rescue Plan Act of 2021. As […]
MLB Continues to Receive Backlash from Small Businesses in Georgia
Georgia businesses are continuing to speak out against Major League Baseball’s (MLB) decision to move the 2021 All-Star Game from Atlanta to Denver, following a voting law that was signed by Governor Brian Kemp. Business owners and state leaders deemed the decision to move the game a detrimental blow to small businesses across the city. […]
NASA Announces 45 Million for Small Business Entrepreneurs
NASA has announced that it will invest more than $45 million in 365 proposals from American small businesses. The agency’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs fund the research, development, and demonstration of innovative technologies. “These small businesses and research institutions represent the latest wave of innovators working to […]
SBA Set to Make New Changes
Isabella Casillas Guzman, the new head of the Small Business Administration, is set to make new changes at the agency to further help small businesses and companies. Since the start of the pandemic in 2020, a devastating 400,000 businesses have closed. Guzman expects small business provisions in the rescue package to help those still struggling, […]
Small Businesses Flock to Shopify
A third option for small businesses that focus on e-commerce has emerged. Shopify presents merchants with access to cloud-based third-party services. From payments to fulfillment, merchants have more control of their brand and customer relationships, a key difference between Amazon services. Shopify’s main offering is a cloud-based service that makes it more simple to build […]
Women are Losing Job Gains Amid Pandemic
The Chattanooga Women’s Leadership Institute is sounding the alarm that women’s job gains made up until the pandemic are quickly dropping. Executive Director, Kim Shumpert, envisions a new climb ahead for working women, following a trying year for businesses. “All of the work we have done to finally see women elevated was sort of taking […]
Governor Cuomo Sets Unrealistic Goal for Independent Theater Owners
On March 5, movie theaters will be permitted to open at 25% with no more than 50 people per screen, Governor Andrew Cuomo announced in a tweet following a press conference. Despite the news, independent-run entities are discouraged by the short notice from their governor. “That’s just a total loss of revenue by even opening,” […]
President Biden Announces Changes to PPP Loan
President Biden announced several critical changes to the coronavirus-relief program for small businesses across the country on Monday. In an attempt to improve access for small businesses in underserved communities, PPP loan applicants with fewer than 20 employees will be able to apply exclusively from 9 a.m. ET on Wednesday until 5 p.m. ET on […]
Veteran-Owned Company Pledges $250,000 for Barstool Fund
Veteran-Owned Company Supports Barstool Fund The founders of veteran-owned Black Rifle Coffee Company, Evan Hafer and Mat Best, have pledged to donate $250,000 to the Barstool Fund. The company announced their $150,000 donation on February 8, leading to CEO Hafer’s additional pledge of $100,000. “Small businesses around the US have been crushed in the last […]
Small Business Gets Creative to Survive
Since 2013, Amanda George and Lalka Morales had been the leading dog walking and pet sitting business in South Tampa. Similar to nearly all small businesses in the country, the pandemic changed everything. SoHo Hound lost about 90% of their clientele and dropped to as low as five daily dog walks, a far cry from […]
Viral Bernie Sander’s Mittens to be Auctioned off for Good Cause
Jen Ellis, the woman behind the viral mittens of Vermont senator Bernie Sanders, is using her talent to give back to her community. First seen at President Joe Biden’s inauguration, Ellis has since received over 13,000 email orders for her hand-crafted mittens. Ellis, a 42-year-old elementary school teacher in Essex Junction, has embraced the attention […]
Biden’s Push for Raising Minimum Wage Concerns Business Owners
As part of his administration’s $1.9 trillion Covid spending plan, President-elect Joe Biden is seeking to raise the minimum wage to a uniform $15 an hour across the nation. This package comes on top of the $900 billion December bill and the $2.9 trillion bill from last spring. The proposal, named the American Rescue Plan, […]
The Barstool Fund
In just one month, Barstools Sports founder and president, Dave Portnoy, has helped raise over $22 million with nearly 175,000 supporters to save over 100 small businesses (data updates every 5-minutes). The Barstool Fund, started with $500,000 of Portnoy’s own funding with the aim of helping small businesses hit by the pandemic. The majority of […]
What You Need To Know About PPP2
In a bill signed into law on Dec. 27 of 2020, Congress injected an additional $284 billion more into the Paycheck Protection Program. Small businesses will now have more access to aid as many remain to struggle. The law not only provides additional loan relief for restaurants and other small businesses, but it caps the […]
Nine Resolutions For Small Business Owners To Stand By
With the new year officially underway, now is the perfect time for small business owners to consider their plans for the new year. Below are nine New Year’s resolutions that small businesses should think about. 1. Have a clear direction. Ask yourself what the end goal of your business is. If you don’t know the […]
How One High School Dropout Became His Own Boss
Move over Uber Eats and Grubhub, there is a new delivery service in town. Profitboss, founded by 21-year-old Adam Guild, enables restaurants to deliver meals for free or at a significantly lower price than competitors. The app also allows restaurant owners to track and utilize their customer data. Guild’s unique background has allowed his company […]
Resources and Useful Tips
Save the American Dream encourages small businesses across a wide array of sectors to utilize resources to help them navigate the walls that COVID-19 continues to build. We continue to compile resources and helpful tips to guide business owners as they try to maintain their physical and financial health. Our resource page will provide you […]
Restaurants Pushback Against New Shutdown Orders
Restaurant owners and industry groups across the United States are pushing back as city and state officials impose new restrictions on restaurants and bars. Filed lawsuits are piling up against the bans and targeted policies as rallies in support of dining rooms grow momentum. In early November, Illinois was the first to reinstate the ban […]
Government’s PPP Program Lost Millions to Scammers
In a new nationwide trend, fraud cases related to the Paycheck Protection Program continue to arise. For countless businesses, the PPP was a lifeline that provided loans and guidance in the early weeks of the COVID-19 pandemic. As 2020 comes to a close, it is now clear that the quick rollout of the massive relief […]
U.S. Central Bank to Reduce Minimum Borrowing Amount to $100,000
Federal Reserve Chairman, Jerome Powell, is calling on Congress to return to the negotiating table to push another round of stimulus to help pull the U.S. economy out of a coronavirus-induced recession. “All of us lived through the years after the global financial crisis, and for a number of those years fiscal policy was very […]
