National ACE’s Post

Did you know that almost all the businesses in the U.S. qualify as Small Businesses - to the tune of 99.9% or 32.2 million? (https://hubs.li/Q02ZJRVq0) This Saturday, November 30th is "Small Business Saturday," a day you can kick off your holiday gift buying by supporting your community. #ShopLocal #ShopSmall #CommunityBanking #SmallBusinessSaturday

Small businesses play a vital role in our local economy. Rural small businesses can often feel like support is more difficult to obtain. Given this, the SBA offers specific resources targeted at helping rural small businesses. Learn more with this week's #TuesdayTip! https://lnkd.in/eRJKV-53

#NFIB’s December Small Business Economic Trends survey is cited in Inc. Magazine: “Over the past year, small business owners have consistently cited inflation and hiring as the biggest drags on business when polled by the National Federation of Independent Business. In the trade association's most recent monthly survey in December, only 3% of business owners said their borrowing needs were not fully met, from 2% in November. While a net 8% reported their last loan was harder to get than previous ones, the majority of business owners surveyed, 61%, said they were not interested in obtaining a loan.” Learn more: https://lnkd.in/esiMjatf

How to Find and Apply for Local Business Grants Finding and applying for local business grants can be a crucial step in securing funding for your small business. Here's a simple guide to help you navigate the process. 1. Research Opportunities: Start by identifying available grants in your local area. Check with your local government websites, small business development centers, and community foundations. Online resources like Grants.gov and the Small Business Administration (SBA) also list various grant opportunities. 2. Understand Eligibility: Each grant has specific eligibility criteria. Carefully read the requirements to ensure your business qualifies. Factors such as business type, location, and industry can affect your eligibility. 3. Prepare Your Business Plan: A well-drafted business plan is often required in the grant application process. It should include your business goals, market analysis, financial projections, and how the grant funds will be used. 4. Gather Documentation: Collect necessary documents like tax returns, financial statements, and proof of business registration. Having these documents ready can streamline the application process. 5. Write a Strong Proposal: Your grant proposal should be clear and compelling. Highlight your business's mission, the community impact, and how the grant will help achieve your objectives. Be concise and persuasive. 6. Submit Early: Grants are competitive, and early submission can sometimes increase your chances of success. Make sure to follow the application guidelines carefully and double-check for completeness. By following these steps, you can improve your chances of finding and securing local business grants to support your entrepreneurial endeavors. #wholesalebusiness #wholesaleprice #wholesaledistribution #wholesaledistributor #liquidation #liquidations #wholesale #wholesaler #retailbusiness #retailer #retail #resale #resellers #resellercommunity #reseller #reselling #productsourcing #closeout #overstock https://lnkd.in/e3-563GR

Did you know? According to NAWBO National, the U.S. Small Business Administration (SBA) reports that 50% of businesses start in the home, and 60% of all businesses without staff are home-based. 🏡 That means nearly 19 million U.S. businesses are based at home! #smallbusiness #homebusiness #workfromhome #WFH

Great news for small businesses! The government has announced significant new support for small business owners. Starting October 19, credit card fees are set to drop, helping small businesses save more money. Plus, $2.5 billion in carbon rebates will be deposited directly into business bank accounts by the end of the year! The Honourable Rechie Valdez, Minister of Small Business, says: "Small businesses are the backbone of our economy, and today, our government is once again delivering real, tangible support to help them thrive." With these initiatives, nearly 600,000 small businesses across Canada will benefit from direct rebates, and the lower credit card fees are projected to save businesses $1 billion over the next five years! For more details, check out the official announcement 👇 https://lnkd.in/epDrK2Tw #SmallBusinessSupport #GovernmentRebates #LowerFees #SmallBizCanada

Big shout-out to USA TODAY for including Alignable's research in an important & detailed roundup on the small business economy. This article, penned by Paul Davidson, very clearly illustrates some of the major challenges facing small businesses right now. And as Q4 starts, it's more important than ever to spend more of your money with local merchants. #shoplocal #smallbusiness

The 33.3 million SMALL businesses in the U.S. account for 99.9% of ALL businesses in the country, employing nearly half of all U.S. employees as well. https://bit.ly/3mFKr1C #sellmybusiness #sellmybusinessiowa #businessbroker #businesssales #smallbiz #smallbusiness #smallbusinessadministration #smallbizstats #businessintermediary #businessconsulting #businessvaluation

The 33.3 million SMALL businesses in the U.S. account for 99.9% of ALL businesses in the country, employing nearly half of all U.S. employees as well. https://bit.ly/3mFKr1C #sellmybusiness #sellmybusinessiowa #businessbroker #businesssales #smallbiz #smallbusiness #smallbusinessadministration #smallbizstats #businessintermediary #businessconsulting #businessvaluation

One of the central sources for buyers locating small businesses for sale is BizBuySell. Businesses sold in Q3'24 were up 5% YoY, for the 5th consecutive quarter! And, according to their Business Owner Confidence Index, most SMB owners are optimistic and so should you. :) Interestingly, as restaurants are recovering from the COVID pandemic, they are among the top businesses sold as buyers have regained confidence to invest. Each quarter they provide insight into the activity that is recorded on their platform. #dealmaking is fun IBA...The Northwest's Premier Business Brokerage