Arival’s latest report, ‘The Global Operator Landscape: The State of Experiences, 3rd Edition,’ provides a deep dive into the in-destination experiences sector, highlighting the dominance of small businesses, the need for increased technology adoption, and the uneven post-pandemic recovery. While the industry shows resilience and growth, the report emphasizes the crucial role of technology for operators to stay competitive.
Vice President Kamala Harris’s proposed changes to the estate tax, aimed at boosting teacher salaries, are drawing fire from critics who argue it could stifle small businesses and create monopolies. This article analyzes the potential impact of the death tax changes on various sectors of the economy, including small businesses, family farms, and the real estate market.
The Federation of Small Businesses (FSB) has launched a comprehensive plan to revitalize high streets across the UK, focusing on transforming them into vibrant hubs of economic activity, community engagement, and tourism. The initiative aims to promote job creation, attract new businesses, and support local economies by offering practical solutions like affordable commercial spaces, pop-up markets, and targeted tourism campaigns.
Monroe Capital LLC is launching a $1 billion fund to provide loans to smaller auto suppliers transitioning to electric vehicle production. This initiative, backed by the US Small Business Administration and the Treasury Department, aims to facilitate access to financing for these crucial businesses, ensuring a smooth shift towards a cleaner automotive industry.
The Delhi government, led by Arvind Kejriwal, is set to oppose the proposed Goods and Services Tax (GST) on payment gateway transactions under ₹2,000 at the upcoming GST Council meeting. Finance Minister Atishi argues that this measure would harm small businesses and startups, contradicting the central government’s claims of promoting a cashless economy. She further criticizes the BJP for reducing research budgets and imposing GST on research grants, hindering the country’s progress.
The Ford Foundation is investing $6 million in Appalachian businesses, aiming to create jobs, promote wealth building, and attract further investment to the region. This initiative prioritizes small businesses and emerging industries, offering customized funding solutions to address their unique needs.
Get ready for a culinary adventure as we showcase 50 incredible Asian-owned food and drink businesses that are sure to tantalize your taste buds. From flavorful boba tea and authentic Vietnamese coffee to unique sauces and delicious snacks, this list has something for every palate. Support these inspiring entrepreneurs and discover the rich and diverse flavors of Asian cuisine.
Despite a strong economy and stock market rally, small business owners remain apprehensive about the impact on their businesses. They express concerns over rising costs, shrinking savings, and limited benefits from rising stock prices. While inflation remains a primary concern, their confidence in the Federal Reserve’s ability to control it has waned. This study highlights the disconnect between the performance of the overall economy and the experiences of small business owners, indicating a need for policymakers to address their concerns and priorities.
Harry’s Natural Meats, a family-run butcher shop in Calgary, is spearheading a month-long campaign to boycott Loblaw stores. The owner, Alex Ross, emphasizes the importance of supporting local businesses that prioritize quality and community involvement. Despite the limited advertising budgets of smaller shops compared to large retailers, Ross believes they can compete by offering superior products at competitive prices. The initiative has gained support from other local businesses, including Tacos Mexico, which advocates for the benefits of shopping locally for better service and support for the community.
The International Finance Corporation (IFC) has invested heavily in India, with projects spanning climate action, housing, small businesses, and women empowerment. In the past year, IFC supported 32 projects aimed at job creation, private sector growth, and financial inclusion, while aligning with India’s sustainability goals. As of April 2024, IFC’s total commitment and board-approved funding has reached $3.8 billion.
