
Small Biz Flash
Small Biz Flash
11-29-22 – Cultivate Strategic Partnerships – Surviving the Economic Downturn – Tactic #3
NEWS ROUNDUP
1
Durable goods orders were up sharply in October, by 1%, far surpassing analysts’ expectations.
https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf
First time jobless claims jumped by 17,000 last week, and are now at a three-month high.
https://www.dol.gov/ui/data.pdf
2
The Small Business Administration is proposing a rule to allow more financing companies such to offer SBA-backed 7(a) loans.
https://www.federalregister.gov/documents/2022/11/07/2022-23597/small-business-lending-company-sblc-moratorium-rescission-and-removal-of-the-requirement-for-a-loan
3
Marking a new record for 2022, 41% of small business owners reported they failed to pay their rent in full and on time.
https://www.alignable.com/forum/rent-crisis-breaks-new-22-record-41-couldn-t-pay-in-nov-up-4
----------
This podcast is sponsored by SBS Accounting & Advisors. Use the promo code FLASH and get 20% off your set up fee! https://sbsaccountants.com/.
----------
I would love to hear from you! Please email me at adam@smallbizflash.com.