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The Voice: Industry News - July 31, 2018

July 31, 2018


Small Businesses Get Tech-Savvy, Even As They Fear Rising Costs

Small business is starting to go digital, as smartphone apps, cloud sharing and automation help many of them get more work done in less time.

Source: CNBC

 

Main Street Businesses Use Their Tax Cut Windfall on Growth

While the overall economy is still digesting the effects of the new tax code, the nation’s small businesses are reaping the benefits of the tax cuts, by using their savings to invest in their businesses.

Source: The Epoch Times

 

Reminder to Women Owned Businesses – Take Advantage of Federal Contracting Opportunities!

Federal agencies, including the Department of Defense (DoD), are indeed striving to achieve their goals of awarding 5% of their prime contracting dollars to WOSBs. 

Source: JD Supra

 

Federal Ad Spending With Black-Owned Firms Dismal; NNPA Demands Action

Over the past five fiscal years from 2013 to 2017, federal government agencies have spent approximately $5 billion in advertising, but a minute share — $327 million — went to minority-owned businesses

Source The Louisiana Weekly

 

CUNA Suggests Improvements to NCUA’s PAL II Proposal

CUNA supports NCUA’s efforts to expand opportunities to provide short-term, small-dollar loans, but does have concerns about the agency’s proposed Payday Alternative Loan (PAL) rule.

Source: Credit Union National Association


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