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Credibly Financial News Roundup for the Week of September 14th, 2015


Minyang Jiang

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.

Do Fluctuations In The Stock Market Affect Main Street Small Business? by Brock Blake, Forbes
“With all of the recent fluctuations in the market, small business owners are often left wondering, how does this affect my business, and how can I best handle any complications the fluctuating market might bring? To help these small business owners out, I rounded up answers from some of the brightest minds in the small business sector.”

4 Small Business Takeaways From the GOP Debates by Jeremy Quittner, Inc.
“Small-business owners tuning into Wednesday night’s Republican presidential debates no doubt left feeling sorely disappointed. In two far-flung conversations among 15 candidates that spanned five hours at the Ronald Reagan Library in Simi Valley, California, with Reagan’s Air Force One in the background, the candidates scarcely mentioned small-business owners, and they paid only glancing attention to critical matters of the economy.”

How Should I Fund My Startup? by Nellie Akalp, CorpNet
“Launching a startup is one thing, but finding funding enough to keep it going through those difficult growing pains can be quite another. If you start a business without enough cash for at least the first year, you could be setting yourself up for failure. Fortunately, there are several funding options for you to consider.”

5 Reasons Businesses Hesitate to Hire: the Good and the Bad by Marc Prosser, HuffingtonPost
“Whether or not to make a hire can be a difficult decision for any business. This is especially tricky for small businesses, where budgets are often tight and the time needed to dedicate to the hiring process is scarce. If you are on the fence about hiring, then this article is for you. We will look at 5 of the top reasons businesses hesitate to hire and determine whether these are good or bad reasons not to add employees.”

AMEX Survey Finds Small-Businesses Focused on Growth—Finally by Teresa Novellino, BizJournals
“Main Street businesses still slowly coming out of the recession are looking for an on-ramp to growth for the first time in years, according to new survey results from American Express survey released this morning The first American Express OPEN Small Business Growth Pulse, a survey of 1,000 small businesses with $250,000 or more in annual revenues, found that 72 percent of owners are making growth a priority, while 65 have created a formal plan for growing their business.”

The “Sharing Economy” Is Dead, And We Killed It by Sarah Kessler, Fast Company
“Though a few pieces of the original ‘sharing economy’ promise survived, like peer-to-peer car-sharing services RelayRides and Getaround and bike-sharing site Spinlister, today they are largely divorced from the concept of a global village. Somehow, when a major hotel chain forms a partnership with a $50 billion company, it is able to pass the move off as joining the “sharing economy.” But the real sharing economy is dead. It was a beautiful idea that struck hard, but when it died, nobody seemed to notice…And nobody seemed to ask the question of how an idea that everybody loved so much, an idea that made so much sense on a practical and social level, morphed into the pure capitalism that it is today.”


Have you checked out our new 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, we published a list of 37 Questions You Need to Ask About Your Retail Business, courtesy of our new contributing editor, and American Express Small Business Saturday Spokesperson, Nicole Reyhle.