Even in the face of stubborn inflation, small business owners are striking a more positive tone. Optimism surrounding the economy is rising and the CNBC|SurveyMonkey Small Business Confidence Index reached its highest level since President Joe Biden took office, according to the latest quarterly data released on Thursday morning. Twenty-eight percent of small business owners … Read more
Venita Cooper, founder of Silhouette Sneakers & Art in the Greenwood district of Tulsa, Oklahoma. Parnia Mazhar| NBC News. TULSA â Nestled among rows of colorful shoes lining the walls of Silhouette Sneakers & Art, a framed black-and-white photo reminds owner Venita Cooper of the giants whose shoulders she stands on. Overlaid on that picture … Read more
Celebrity chef Colin Fassnidge has announced that he will be stepping back from his popular Sydney restaurant, The Castlereigh. The beloved eatery will remain in the hands of Fassnidge’s business partner’s Clayton Ries and Darren Ong. Managing restaurants is just one of the many projects on Fassnidge’s plate, but on Saturday, the celebrity chef said … Read more
U.S. President Joe Biden speaks during a Rose Garden event at the White House to mark National Small Business Week on May 1, 2023 in Washington, DC. Alex Wong | Getty Images Small business owners are more optimistic to start the year, even as they face persistent inflation and lending concerns, a new poll released … Read more
One of Australia’s most celebrated chefs has closed his Noosa restaurant after two years. Peter Kuruvita has not revealed why Alba Noosa has closed, just two weeks after it was commended in the Australian Good Food Guide’s (AGFG) Chef Hat Awards. But he said the glamorous venue was set to reopen as an events space … Read more
For thousands of small businesses, it’s time to pay up. Thursday marks the federal government’s deadline for firms to repay pandemic-era debt to get relief on their Canada Emergency Business Account (CEBA) loans. Through the CEBA program, Ottawa paid out nearly $49 billion to almost 900,000 businesses across Canada as many struggled due to closures … Read more
A Sydney community has said a local bakery has been treated “unfairly” after it was denied a lease renewal. Classic Bakery in Winston Hills, in the city’s west, announced through an in-store sign that its lease had not been renewed, and it would cease trading on February 9. “Building management has decided not to renew … Read more
“Don’t get me started on Karen’s Diner … Karen’s Diner behaved like total Karens.” Andy Pobjoy, one of the owners of Piano Bar Geelong, has bitten his tongue until now about his experience working with Karen’s Diner. WATCH THE VIDEO ABOVE: Karen’s Diner closes three stores. Pobjoy is just one of the people involved in … Read more
When Courtney Fitzsimmons splashed out $3500 on a designer dress, she knew she spontaneously paid for something she was only going to wear once or twice. “I’m a single mum of four kids and could have paid half a term of school fees,” the 33-year-old tells 7Life. “I couldn’t return the runway dress from Zimmermann … Read more
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or … Read more
