Franchising industry holds its breath as FTC takes a closer look at regulations
The FTC is considering changes to franchising rules that would affect companies from McDonald's to Yum Brands and Marriott.
Small businesses may have a hard time finding teen workers this summer
The unemployment rate for teens aged 16 to 19 crept up slightly in June, while the labor participation rate fell year on year.
Federal Reserve’s increasing interest rate hikes put Main Street economy ‘dangerously close’ to edge of lending cliff
Many small business owners are facing lending costs they've never before experienced, just as the economy and consumer demand weakens.
Small businesses are still desperate for workers even as other companies slow hiring
While small business job growth is slowing, it's more because there are not enough workers to hire than business owners pulling back on hiring plans.
The rent crisis on Main Street just took a turn for the worse
The percentage of small business owners who said they could not make rent in August hit a record level for 2022, and hasn't been this...
After a year-long dip, American consumer spending power will be back in 2023
Household cash flow has been declining, but consumer income will begin to grow after the holidays, making a recession less likely, according to Goldman Sachs.
Secret Service returns $286 million in fraudulent pandemic loans to the Small Business Administration
The Economic Injury Disaster loans returned to the Small Business Administration were obtained using fabricated information and stolen identities.
Why Mark Zuckerberg’s other big bet, outside the metaverse, is Whatsapp for business
Long-term, Mark Zuckerberg is all-in on the metaverse. But Meta is also making a big bet that Whatsapp for Business will be a huge growth...
The lesson for Main Street from the Walmart, Target inventory failures
Big box retailers bet wrong on inventory and big markdowns followed as inflation and Covid changed consumer spending patterns. Main Street can do better.