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Grants is usually a recreation changer for companies within the leisure sector, providing essential assist for various initiatives. They supply funding for tools upgrades, venue enhancements, and new expertise, enabling greater manufacturing values and enhanced viewers experiences. Grants additionally assist advertising and promotional actions, serving to to increase viewers attain.
Moreover, they'll fund instructional applications and workshops, fostering expertise improvement inside the trade. This monetary assist is essential for innovation and development within the aggressive leisure market. If you're within the leisure trade, check out the grants obtainable this week.
Companies all through the Los Angeles space depend on the leisure trade for numerous capabilities. So when two main trade unions struck final 12 months, many small companies felt the consequences. Now, a brand new grant program goals to assist these companies and any that have been negatively affected by COVID.
Small Enterprise Information Could 10, 2024
Within the roundup this week, the variety of small enterprise house owners defaulting on their COVID restoration loans has reached $59 billion in late charges. There's additionally information that small companies have acquired $178 billion in federal contracts for the 2023 fiscal 12 months, which is a report. For that and extra check out the remainder of this week’s information roundup.
Small Businesses Owe $59 Billion in Fees After Defaulting on COVID Recovery Loans
For a lot of companies that struggled through the COVID-19 pandemic, Small Enterprise Administration loans offered an important lifeline. However now, hundreds of companies that accepted these loans have defaulted. And so they owe a complete of $59 billion in late charges, in line with a latest report from the Wall Avenue Journal.
Small Businesses Recieved $178 Billion in Federal Contracts in FY23
The Small Enterprise Administration (SBA) simply launched its annual report card on how federal businesses are doing in giving contracts to small companies. These businesses exceeded their FY23 objective of 23%, awarding 28.4% of federal contract dollars to small companies. The SBA Administrator Isabel Casillas Guzman introduced the outcomes of the Fiscal 12 months (FY) 2023 federal procurement “Scorecard.
Upwork Launches New AI Innovations and Solutions for Easier Hiring and Working
Upwork announced a new set of tools and partnerships designed to transform how companies and freelancers hire and work. This announcement was made during the first edition of Upwork Updates: Spring 2024, a semi-annual product showcase. The highlight of this Spring’s update is Uma, the new AI developed by Upwork.
California Law Banning “Junk Fees” Will Drive Restaurant Costs Even Greater
California’s restaurant scene is bracing for an additional monetary hit this summer time when a brand new legislation is about to shake up menu costs. Fox Enterprise reviews that following the latest enhance within the state’s minimal wage to $20, fast-food chains have already adjusted their pricing.
San Diego’s Ban on Polystyrene Means More Costs for Small Businesses
In April, a ban on polystyrene went into impact for small companies in San Diego. Polystyrene is an artificial polymer, typically known as Styrofoam, particularly within the U.S. The transfer means extra prices for small companies in that California group.
Generational Ban Laws Threaten the Future of Some Local Tobacconists
New legal guidelines on the books in Massachusetts are threatening the way forward for some historic native tobacconist companies. Following a landmark resolution by the Massachusetts Supreme Judicial Court docket, a number of Larger Boston cities are adopting one thing generally known as a generational tobacco ban.
Labor Dept. Eliminates Trump Association Health Plans
The U.S. Division of Labor rolled again a Trump-era rule that lets self-employed people and small companies buy cheaper affiliation well being plans. The plans didn't absolutely adjust to Reasonably priced Care Act necessities. Small enterprise house owners and entrepreneurs benefiting from cheaper affiliation well being plans will quickly lose their extra inexpensive choices.
Tax Preparer Sentenced After Filing 900+ False Income Tax Returns
A Chicago-area tax preparer has been sentenced to at least one 12 months and someday in jail for making ready and submitting over 900 false earnings tax returns. The Inner Income Service (IRS) stated this has resulted in a lack of $1.3 million.
Small Business Owner Hosts Unique Promotion to Overcome Fraud Losses
Hundreds of thousands of companies are victims of fraud annually. However one Texas enterprise just lately realized how a lot a robust group of consumers will help when dealing with the sort of problem. Alex Lyons, proprietor of the boutique Rae of Sunshine Collective in Denison, Texas, realized final 12 months that lots of of dollars had been taken from her accounts as a consequence of fraudulent checks.
Get Quiet: How to Find Out Where You Are Really Going
We’re dwelling in frenetic instances. Amid all of the busyness and the FOMO, you might also really feel directionless and overwhelmed. Perhaps there’s extra to life, however you don't have any thought what that “more” is. Perhaps you sense there’s a message you want to hear, however the noise of on a regular basis life is drowning it out.
Amazon Delivery Drones to Land in Phoenix
Amazon is including a brand new location to its drone supply service. The Amazon Drone Supply Program will probably be based mostly in Tolleson, Arizona. Packages will probably be delivered to West Valley clients in lower than an hour utilizing the super-fast supply choice. The drone program began in 2022 in School Station, Texas, and Lockeford, California.
Picture: Envato
