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Credibly Financial News Roundup for the Week of January 4, 2016


Ben Goldstein

With the world of small business finance changing so quickly, who can stay on top of it all? Here at Credibly, we sift through hundreds of blogs, news alerts, and emerging Fintech trends every day, selecting the most important industry updates so you don’t have to. Here’s the financial news that caught our attention this week.

The Top 5 Trends for Growing Businesses in 2016 by AJ Agrawal, Inc.
“2016 promises to be a year of even more progress, upheaval, and innovation, all of which can be very good for growth-minded businesses. While new technologies pop up every month, however, the basic premise for growing a business remains the same: the best way to assure consistent, continuous growth for your business is to cut down on costs wherever possible.”

25 Expert Insurance Tips When Starting a Business by Annie Pilon, Small Business Trends
“Finding the proper insurance options for your new business can be a long and complicated process. From professional liability to health coverage and even vehicle coverage, there are so many different things to consider in order to ensure that your business is fully covered should anything happen.”

Fintech Predictions and Thoughts for 2016: Innovation from the Big and Small by Ron Finberg, FinanceMagnates.com
“Interest rates won’t affect marketplace lending – The Fed tipped us off that they expect to raise US interest rates 1% in 2016. For lenders, this affects their business. But, the changes aren’t expected to cause much risk management friction to lenders or decrease borrower demand.”

5 Tasks Business Owners Should Outsource Immediately by Young Entrepreneur Council
“Unless you went to law school, outsourcing your legal work can save you time and money on complex tasks. Although using DIY legal sites are tempting, the ramifications of incorrectly completing legal-related tasks can be disastrous. Legal outsourcing early saves money and time later. If you’re being sued, it’s too late.”

30 Under 30 Retail And E-Commerce 2016: Meet The Millennials Changing How We Shop by Clare O’Connor, Forbes
“Between them, they’ve raised hundreds of millions of dollars in venture funding. They’ve launched high-tech e-commerce platforms and Main Street brick-and-mortar stores. They’re turning media sites into customer bases, creating affordable bespoke and luxury products and making the historically murky retail supply chain more transparent.”

Small Business & HR: How to Hire the Right Person the First Time, by Intelligent-Help.com
“Never has it been more important for business owners to understand core human resource issues. In fact, it’s mandatory for growth and profitability. The main problem is that small-business owners must take on multiple roles. They are usually so busy trying to generate revenue and manage daily operations that HR goes to the bottom of the list of things to do.”


Have you checked out our small business education blog, In.Credibly?

Over at in.credibly.com we’re helping small businesses evaluate their working capital needs, source the right funding, and put those dollars to use more efficiently. This week, cybersecurity expert Kris Fenton laid out six things your business has that cybercriminals want, and our contributing editor Misty Young explained how to give yourself a raise by reducing your prime cost.