2018-05-01 04:00:15 News English Happy National Small-Business Week! The Navy wants to work with you, six factors that make a destination great for small business, 81% of... https://quickbooks.intuit.com/r/us_qrc/uploads/2018/04/QB_Jeremy_Motorcycle_AM_0310_news-digest-5-1-2018.jpg https://quickbooks.intuit.com/r/news/news-digest-5-1-2018/ It's National Small-Business Week & Other Small Business News

Happy National Small Business Week!

3 min read

As the country rings in National Small-Business Week, it’s a great time to be a small-business owner.

In 1963 President John Kennedy issued a proclamation calling for the celebration of National Small-Business Week. This tradition has been carried on ever since.

According to the U.S. Small Business Administration, small businesses create 2/3rds of new jobs in the United States every year; According to the U.S. Census Bureau, nearly 90% of U.S. businesses have less than 20 workers.

Whether you’ve just opened your doors or you’ve been a neighborhood mainstay for years, you should feel proud to be creating jobs and driving innovation.

To all the small-business owners out there: We tip our hats to you.

National Small-Business Week Celebrations Underway

Around the country, all kinds of events are unfolding, from conferences and award ceremonies to Twitter chats and hackathons, in honor of entrepreneurs and small-business owners.

The Small Business Association is celebrating with events like:

  • Multi city bus tours
  • Virtual conferences
  • Award ceremonies

If you want to join in on the conversation, follow the #SmallBusinessWeek hashtag on Twitter.

See more of the National Small-Business Week festivities here.

The U.S. Navy is Recruiting Small Businesses

We all know the SBA celebrates small business, that’s what they are here for. But the Navy sees the value they bring too.

The Navy is on a mission to partner with small businesses to achieve their goals. In an interview with defensenews.com, Assistant Secretary of the Navy for Research, Development and Acquisition James Geurts said, “Small business is an incredible source for innovation, for adaptability, for agility, and resilience.” Where does your business shine? You might have the capabilities the Navy is searching for.

Start the application process to join forces with the Navy.

Six Factors That Make a Destination Great for Small Business

If you’re wondering where to set up shop, it’s important to consider the right factors for your business to thrive. Here’s a hint: If you’re considering a high-tax, high-cost location, you may be on the right track.

Amazon is on to something with its short list of cities for its second headquarters. Check out their list and get ideas on what criteria will impact your small business.

See what makes a location great for starting a business.

81% of Small-Business Owners Unsure About Social Media Efforts

When you’re focused on the day-to-day responsibilities of running your business, some tasks fall to the wayside. And for many small-business owners, one of those tasks is social media.

A recent poll indicates that more than 3/4ths of small-business owners struggle with their social media presence.

Here’s what small businesses wish they had when it comes to social media.

Emerging Technology Trends for Small Businesses

You’ve heard of Artificial Intelligence (AI) and Augmented Reality (AR).

But did you know these technologies have real-world applications for your business? Whether you want to gather data or interact with customers, new technology will help you do it.

Technology to benefit your business.

Words That’ll Stick With You:

“Behind every small business, there’s a story worth knowing. All the corner shops in our towns and cities, the restaurants, cleaners, gyms, hair salons, hardware stores – these didn’t come out of nowhere.” U.S. Speaker of the House Paul Ryan

This week, we hope you take time to reflect on why you started your business and join thousands of other small-business owners in celebrating National Small-Business Week.

Now’s a great time to learn something that will help you run your business better and set it up for future success, whether you explore social media, new tech trends or even a partnership with the U.S. Navy. Here’s to you.

Want to share your small-business success story? Send a note to QRCeditor@intuit.com.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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