Exciting News: Grants Available for Black-Owned Businesses!

Did you know that some small businesses have a tough time getting the money they need? It’s especially challenging for underserved communities, like women and other minorities. This creates a big problem for them, but people are working hard to fix it. That’s why governments and organizations are offering grants to help out.

If you have a black-owned business in the service sector, I’ve got great news for you! You can apply for the Kinetic Business by Windstream Black Business Support Fund Grant. They’re giving away up to $2,500 to eligible businesses. And that’s not all – if you win, you’ll also get free internet for a whole year and a free business consultation. It’s all about helping you succeed financially and equipping you with valuable skills to make your business thrive in the long run.

If you want to qualify, you need to live in places where Kinetic works, along with meeting other conditions. Let me tell you more:

• Kinetic Business Offers $2,500 Grants for Black-Owned Businesses

I’ve got some interesting updates for you about small businesses this week. Check it out!

Slowdown in Small Business Sales

I’ve got some news from the latest BizBuySell Insight Report. It says that small business sales activity has slowed down after five quarters of growth. In the third quarter of 2022, the number of closed deals dropped by 2% compared to last year, with a total of 2,237 deals. This quarter was also 4.5% lower than the second quarter of 2022.

Zuckerberg on Post-Pandemic Ecommerce Trends

WeWork Shutting Down Around 40 Locations in the US

I have some big news for you. WeWork, the company that provides flexible workspaces all around the world, is making some changes. They’ve decided to close about 40 of their locations in the United States. Can you believe it? That’s a lot of places! These locations have about 41,000 workstations in total. But don’t worry, they have good reasons for doing this. They say that these locations are not doing so well and it’s better for them to focus on other places instead. The majority of these shutdowns will be happening in November, so if you happen to work at one of those locations, you might need to find a new workspace soon.

Rieva Lesonsky on Understanding Millennials and Gen Z

Have you noticed any changes in the people who come to your store? If you own a retail business, you might have seen that your customers are not the same as before. Well, you’re not alone. Rieva Lesonsky, the CEO of GrowBizMedia/SmallBusinessCurrents, has some interesting insights about this. She knows all about the younger generations, like millennials and Gen Z. You know, those young people who are always on their phones and love taking selfies? Yeah, those ones. Rieva Lesonsky can help you understand them better and figure out how to attract them to your business. It’s worth listening to what she has to say!

Coinbase Sees Cryptocurrency as a Popular Choice for International Money Transfers

I’ve got some exciting news to share with you! Coinbase, the cryptocurrency exchange platform, has introduced a new way to send money abroad that’s faster, easier, and more cost-efficient. Isn’t that great?

Since February, Coinbase has been offering this service in Mexico, and guess what? It’s been a huge hit! In just a few months, the number of Coinbase customers in Mexico has nearly doubled. That’s a lot of people embracing this convenient way to transfer money internationally.

Dealing with Uncertainty in the Business World

Hey, have you ever wondered how successful deal makers handle uncertain times in the business world? I recently had the pleasure of chatting with Marc H. Morgenstern on the Small Business Radio Show. Let me tell you, he’s not your ordinary business leader.

Morgenstern is a rock aficionado and an out-of-the-box thinker. He’s known for his innovative approach to making deals, and he definitely knows a thing or two about navigating economic ups and downs. I’m excited to share his insights with you.

Exciting Opportunities: Turnkey Businesses for Sale

Small Businesses Caught Off Guard by a Surge in Demand

Imagine if your small business suddenly exploded with an overwhelming wave of customers, propelling it to new heights. It sounds like a dream come true, doesn’t it? But the reality is, most small businesses aren’t prepared for such a boom. They lack the necessary strategies and resources to handle rapid growth and capitalize on opportunities.

Owner of American Pure Whey Facing Charges for PPP Loan Fraud

In yet another unfortunate turn of events, the owner of American Pure Whey, a troubled protein powder company, has been indicted on charges of PPP loan fraud. The Paycheck Protection Program (PPP) was established by the federal government in response to the COVID-19 pandemic in 2020. These loans were meant to support struggling businesses during these challenging times.