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X @U.S. Securities and Exchange Commission
U.S. Securities and Exchange Commission路 2025-07-24 20:23
馃摙 Want to share your thoughts with the #SECSmallBiz team? Engage with us at https://t.co/XjO0Ilk57i. ...
How AI Will Impact Small Business in America
Bloomberg Technology路 2025-07-24 13:29
There's been a really big focus in D. C. of the macro level, large scale infrastructure, the world's biggest companies.Critically, the leaders in the American technology stack and then how the economy will follow suit. But actually other parts of the conversation about how the broader American economy from small and medium businesses to mom and pop shops are going to be impacted by the action plan. Therefore, I'm delighted, speaks Kelly Lefler, his director of the SBA.I mean, that's how you framed it on sta ...
How a Michelin chef created a wine brand in a struggling industry
Yahoo Finance路 2025-07-08 19:14
Is now the worst鈥攐r best鈥攖ime to launch a business in a struggling industry? This week on The Big Idea with Elizabeth Gore, chef & Valette Wines owner Dustin Valette joins the show to answer the question: How do you build a business in a struggling industry? Valette shares his family鈥檚 story of immigrating to the United States during the early 1900s, settling in Sonoma County, and how that ultimately inspired him to become a restaurateur and owner of a winery. He and Gore discuss the current struggles facin ...
Why military veterans make great CEOs
Yahoo Finance路 2025-06-26 19:00
Veteran Entrepreneurship & Service - Public service, including military and Peace Corps, instills grit, understanding, and confidence, making individuals more likely to succeed as entrepreneurs [13] - The rate of veteran-owned small businesses is lower than in previous generations, specifically World War II veterans were 10 times more likely to start small businesses compared to Iraq and Afghanistan veterans [14][16][34] - Investing in veteran-owned businesses is beneficial because they are statistically more likely to succeed and create iconic brands [56] Access to Resources & Support - There is a need to provide more resources, capital, and opportunities for young Americans, especially veterans, to encourage entrepreneurship [2][18] - Organizations like Bunker Labs offer assistance to veterans in developing business plans [20][21] - Hello Alice provides small business grants, with $8 million currently available, and peer support for veterans [19][21] Challenges & Opportunities - Military spouses face a high unemployment rate of 24%, highlighting the need for better job opportunities and support for military spouse entrepreneurs [28] - The GI Bill could be leveraged to provide starter funds for veterans with approved business plans, rather than solely for education [33][34] - Supplier diversity contracting with veteran-owned businesses, such as the federal government and Dell Technologies spending $4 billion annually, should be effectively deployed [35][36] Key Success Factors - A solid business plan and demonstrated success are crucial when investing in veteran entrepreneurs [58][59] - Networking is essential for entrepreneurs; building and maintaining a strong network can significantly increase net worth [61][64] - Community engagement and public service are valuable for small business owners, providing motivation and support [22][23][26]
Main Street meets AI
CNBC Television路 2025-06-24 16:44
AI Adoption in Small Businesses - Only 24% of small business owners are currently utilizing AI technologies like Chat GPT, Canva, and C-Pilot [1] - AI implementation varies significantly based on company size, with 21% adoption in firms with single-digit employees and nearly 50% in firms with 50 or more employees [4] Impact of AI on Employment - Almost all small businesses using AI report that it has not impacted the number of employees at their firm [2] - AI platforms like Harvey can significantly reduce the time required for tasks, potentially leveling the playing field [2][3]
