This week, on ASBN Small Business News, anchor Shyann Malone brings you up to date with the latest tools and resources now available for small to medium-sized businesses.
According to a recent Slack survey of 2,000 small business owners, 40% believe 2024 will either “make or break” their business. While 71% of the 2,000 business owners surveyed expressed optimism about the state of their companies, 47% of the respondents were concerned about the economy and inflation, and 32% were worried about raising prices. Furthermore, increased competition worried 24% of the business owners. Read More
Banking firm Citizens has opened submissions for its seventh-annual Small Business Community Champion Award Contest, aiming to honor the entrepreneurs making a positive impact on their local communities. As part of the program, 30 small businesses meeting specific criteria receive $10,000 each, giving them vital funding to grow their brands, better serve their customers, and offer even more support to their local communities. Over the last seven years, Citizens says it has awarded a total of $1.2 million to 112 recipients. Read More
FedEx releases FDX to streamline operations and increase efficiency for SMBs
FedEx has announced the upcoming release of FDX, a data-driven e-commerce platform set to launch in the fall. The platform provides online retailers with complete e-commerce solutions, from client sales to supply chain management and delivery scheduling, with the goal of streamlining operations and increasing efficiency. FDX integrates current FedEx commerce tools, such as access to ShopRunner members, with new features like a “custom post-purchase experience” that enables brands to provide customers with precise shipment information or leverage FedEx’s shipment network data to improve order management. Read More
Hilton has recently unveiled “Hilton for Business,” a digital program tailored for small and medium-sized businesses (SMBs). This initiative aims to address common challenges in business travel by offering streamlined travel management, discounts, and loyalty rewards through the Hilton Honors program. Business travel, especially for SMBs, often involves navigating various challenges, including finding cost-effective accommodations, managing travel bookings efficiently, tracking expenses, and ensuring traveler comfort and safety. Read More