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This week on Small Business Breakdown, our expert panel is back and talking about headlines saying that consumers are turning their attention to small businesses over bigger retailers. Is this actually happening or just something someone is saying? Our panel discusses. They also tackle the topic of creative companies and their use of AI. If these companies do rely on AI technology to provide their products or services, should they be charging less for those products and services? Check out what they have to say on these topics and more in this week’s episode of Small Business Breakdown … Small Business News Roundup – March 8, 2025 Here is a look at the top headline…

Apple has unveiled its most powerful Mac to date, introducing the new Mac Studio, powered by the M4 Max and M3 Ultra chips. The latest iteration of Apple’s high-performance desktop features Thunderbolt 5 connectivity, up to 512GB of unified memory, and up to 16TB of SSD storage, all within a compact design. The new Mac Studio is now available for pre-order, with official availability beginning March 12. “The new Mac Studio is the most powerful Mac we’ve ever made,” said John Ternus, Apple’s senior vice president of Hardware Engineering. “A complete game-changer for pros around the world — powering both home and pro studios — Mac Studio sits in a class of its own, offerin…

The national average for a gallon of gasoline has declined slightly, dropping one cent from last week to $3.11, according to AAA. The decrease is attributed in part to lower crude oil prices, though market fluctuations and the seasonal transition to summer-grade gasoline may impact prices at the pump in the coming weeks. AAA also noted that the national average per kilowatt hour of electricity at public EV charging stations remained unchanged at 34 cents. Fuel Supply and Demand Trends According to the latest data from the Energy Information Administration (EIA), gasoline demand rose from 8.45 million barrels per day (b/d) last week to 8.87 million b/d. Total domestic ga…

You’ve likely heard it countless times: packing lunch is a great way to save money. However, did you know that it also encourages healthier eating habits and saves you time? Say farewell to standing in long lines or pondering which takeout choice is the least detrimental to your diet. With the best lunch boxes for adults, you gain complete control over what and when you eat, benefiting both your budget and your health. Adult Lunch Boxes: Not Just for Kids Anymore Once upon a time, lunch boxes were for kids. But those days are gone. Nowadays, lunch boxes for adults are on the rise, bringing style, function, and convenience to meal prep. These aren’t the cartoon-clad conta…

Splashtop has launched a new autonomous endpoint management (AEM) solution designed to enhance remote support for small and midsize businesses. The solution provides IT teams with real-time asset discovery, vulnerability detection, and automated patch management, allowing them to improve efficiency and security while maintaining cost-effectiveness. According to Splashtop, the AEM solution offers “critical automation features to lean IT teams, including vulnerability scanning and real-time patch updates for combatting zero-day threats.” It serves as a powerful complement to Microsoft Intune while also providing a cost-friendly alternative to traditional remote monitoring …

Invoice payment terms are essential for several reasons. They impact everything from the strength of business relationships to cash management. Specific payment terms are an integral part of financial management. They even tell businesses when they can expect to have money coming in so they can budget and plan their finances. Read this guide for all the details that small businesses may need to know. Essential Invoice Payment Terms Several critical components are involved, including the invoice and payment due dates. Payment terms such as Net 60 or Net 30 define the time frame where the payment is expected. Some invoices might say “owing on receipt.” Common Invoice…

The U.S. Small Business Administration (SBA) has announced the launch of the Made in America Manufacturing Initiative, an effort aimed at revitalizing American manufacturing by cutting regulations, expanding access to capital, and strengthening supply chains. The initiative, unveiled by SBA Administrator Kelly Loeffler, aligns with the administration’s broader agenda to restore American economic dominance and bolster national security. Supporting Small Manufacturers According to the SBA, approximately 99% of American manufacturers are small businesses, and the initiative aims to further support their resurgence. The agency highlighted recent job growth in the sector, cit…

PayPal has announced new features that make cryptocurrency more accessible and usable in everyday commerce, aiming to eliminate common barriers and drive broader adoption among consumers and merchants alike. With these enhancements, users can now buy, sell, hold, send, and spend cryptocurrencies through the PayPal platform, integrating digital currencies into routine purchases. The company emphasizes its mission to enable seamless crypto payments at millions of merchants without requiring changes to existing payment systems. PayPal users can select supported cryptocurrencies, such as Bitcoin or Ethereum, during checkout just like a credit or debit card. The transaction i…

Wix has announced a new native integration with Printful, a leading print-on-demand company, to provide Wix users with direct access to Printful’s fulfillment services. This integration allows merchants, self-creators, and agencies using Wix to create and sell custom-branded merchandise without leaving the Wix platform. According to Wix, this new feature offers users a streamlined and cost-effective solution for launching their own product lines. “This integration gives our users a new opportunity to create high-quality products and merchandise customized to their brand, whether they are a yoga studio owner, a chef, or a dog trainer,” said Jill Sherman, Head of Supplier…

The U.S. Small Business Administration (SBA) is urging small businesses and private nonprofit organizations in Pennsylvania and West Virginia affected by the September 2024 drought to apply for federal disaster loans before the June 2, 2025 deadline. The assistance comes under a disaster declaration for Greene, Fayette, and Washington counties in Pennsylvania and Marshall, Monongalia, and Wetzel counties in West Virginia. Eligible applicants include small businesses, small agricultural cooperatives, aquaculture enterprises, and private nonprofits (PNPs) that experienced financial losses due to the drought that began on September 24, 2024. “Through a declaration by the U…

Small business sales in the U.S. rose slightly in April, according to the latest Fiserv Small Business Index released by Fiserv, Inc. (NYSE: FI). The seasonally adjusted Index increased by one point to 151, reflecting a 0.4% month-over-month increase in sales and a 3.2% increase year-over-year. The report highlights a shift in consumer behavior as buyers continue to prioritize essential goods and services while cutting back on discretionary spending. “Even as consumer spending shows resiliency, market uncertainties appear to be driving budget-conscious consumers to reprioritize where they spend their money,” said Prasanna Dhore, Chief Data Officer at Fiserv. “Small busin…

ASUS Republic of Gamers (ROG) has announced the launch of the 2025 ROG Flow Z13, a compact yet powerful 2-in-1 gaming tablet now available for pre-order. The device features AMD’s Ryzen AI Max+ 395 Processor with Radeon 8060S Graphics, a high-refresh ROG Nebula Display, and upgraded cooling and memory systems designed for high-performance gaming and multitasking. Equipped with 16 Zen 5 CPU cores and 40 RDNA 3.5 GPU compute units, the ROG Flow Z13 is built to handle demanding games and multitasking workloads while maintaining power efficiency. The unified memory structure allows the CPU and GPU to dynamically share RAM, providing up to 128GB of LPDDR5X 8000MHz RAM and ena…

Are you curious about what the qualified business income deduction (QBI) is and whether or not you can take advantage of it? If so, this article will provide an in-depth overview of the QBI deduction and answer the fundamental question: “Can I claim it?” Given its complicated nature, understanding how to maximize your tax deductions on business income with the QBI deduction should be a top priority for anyone who is self-employed. Learn all about it here, from what qualifies as eligible business income to when you can use this deduction and more. Let’s dive in! What is the Qualified Business Income Deduction? The Qualified Business Income Deduction (QBI) is a recently …

If you are handling cash in your business, a money counter machine can introduce a new level of efficiency in your operation. From saving time to accurate counts and counterfeit detection, the technology in today’s bill-counting machines is fantastic. By expediting and simplifying the counting of your bills with machines, you can have your employees spend more time on other tasks. But you must first find the best bill-counting machine your budget will allow. And with so many different options available today, it can take a lot of time to find the right one for your business. Here are some of the better money counter machines across different price points to help you make…

Fiverr has introduced a new Freelancer Equity Program aimed at providing top-performing U.S.-based freelancers on its platform with a financial stake in the company. The initiative offers eligible freelancers up to $10,000 in Fiverr shares, with equity grants distributed over four years based on annual eligibility requirements. The program arrives as the freelance economy continues its rapid growth, with projections indicating that freelancers could make up half of the U.S. workforce by 2027. Fiverr describes the program as a way to deliver additional financial value to freelancers beyond their regular earnings. “Freelancers are the backbone of today’s economy and the h…

Gasoline prices across the U.S. remained largely unchanged over the past week, with the national average for a gallon of gas holding at $3.16, according to AAA. The price per kilowatt hour of electricity at public EV charging stations also remained stable at 34 cents. Gasoline Supply and Demand Trends The latest data from the Energy Information Administration (EIA) shows a decline in gasoline demand, falling from 8.57 million barrels per day (b/d) to 8.23 million b/d. Total domestic gasoline supply also dropped slightly, from 248.1 million barrels to 247.9 million barrels. Gasoline production saw a decrease, averaging 9.2 million barrels per day. The current national gas…

Despite an increase in gasoline demand, the national average price for a gallon of gas has dropped to $3.07, marking a three-cent decline from last week, according to the latest data from AAA. The decline comes as spring break travel picks up, with motorists in 31 states finding gas prices below $3 per gallon. According to the Energy Information Administration (EIA), gasoline demand rose from 8.87 million barrels per day (b/d) to 9.18 million b/d over the past week. At the same time, total domestic gasoline supply decreased from 246.8 million barrels to 241.1 million barrels, putting supplies slightly below seasonal averages. Gasoline production also dipped, averaging 9.…

When first starting a business, many entrepreneurs begin using a personal credit card for expenses. It’s the path of least resistance. However, once the business starts to thrive, you will garner tangible benefits from using a good business credit card — i.e., a credit card in your business name that is used strictly for business purposes. Here are the advantages that a business credit card can offer your business to help it grow and be profitable: Expands Your Overall Available Credit Establishes Business Credit History Access to Other Financial Products to Fuel Growth Maintains Separation of Business and Personal Expenses Saves Times through Technology Allows You to…

Swingline, a leading name in workspace tools, is marking its 100th anniversary with the launch of three new and refreshed stapler models. The milestone release includes the return of the Swingline CUB Compact Metal Stapler, the debut of the Swingline Vintage Plier Stapler, and a vibrant color refresh of the best-selling Swingline 747 Business Premium Desktop Stapler. Since 1925, Swingline has been a staple in workspaces worldwide, known for its combination of durability, efficiency, and timeless design. “For a century, Swingline has been at the heart of workspaces, delivering tools that combine reliability with stylish design,” said Brian Klein, Senior Manager at ACCO Br…

Key Takeaways Company Innovation is Essential: In a competitive business environment, fostering innovation is crucial for growth and sustainability, not just a trendy concept. Types of Innovation: Key innovation types include product, process, business model, marketing, and organizational innovation, each contributing uniquely to enhancing business performance. Driving Factors: Technological advancements and market demands play pivotal roles in shaping innovation, helping businesses meet customer needs and enhance operational efficiency. Cultural Influence: Creating an organizational culture that nurtures creativity and collaboration empowers employees to contribute…

The Internal Revenue Service (IRS) has issued a reminder to farmers and fishers who opted out of making estimated tax payments in January that they must file their 2024 federal income tax return and pay any taxes due by March 3, 2025. The usual March 1 deadline has been extended to the next business day since it falls on a Saturday this year. Avoiding Estimated Tax Penalties Farmers and fishers who meet the two-thirds gross income requirement from farming or fishing during 2023 or 2024 are eligible for the March 3 deadline, provided they did not make an estimated tax payment by January 15, 2025. Those who did make a payment by January 15 can wait until the regular April …

If you’re considering investing in a small business franchise, there are several promising options available today. Each franchise offers unique services and target markets, so it’s crucial to evaluate what aligns with your interests and investment goals. For instance, you might explore Drybar’s blowout services or Fun Fieldz‘s engaging environment for children. Furthermore, franchises like Goglow and SAPPHIRA PRIVÉ Medspa focus on wellness and luxury services, respectively. Let’s look closer at these opportunities and what they entail. Key Takeaways Drybar: A blowout salon franchise requiring a $250,000 investment, known for high customer retention and exceptional se…

Rocketlane has introduced a new invoicing feature designed to eliminate billing errors, accelerate approvals, and integrate seamlessly with accounting tools like NetSuite and QuickBooks. The update aims to streamline billing processes for professional services teams, reducing manual effort and improving cash flow management. Professional services teams frequently encounter issues with billing accuracy due to manual data reconciliation, lengthy approval cycles, and disconnected financial systems. Rocketlane’s new invoicing capability is designed to resolve these inefficiencies by providing a centralized solution for managing complex billing scenarios. “Too many teams spe…

This week, our Small Biz Breakdown crew is flying without a net, per se. There’s no agenda – not as if they’re always following the one they sometimes have – and the conversation could go anywhere. Like most weeks, however, the discussion always seems to focus on the latest in AI. And this week is no different. Zeroing in on news this week from Verizon, the Small Biz Breakdown crew discusses at length agentic AI. Is this just the next Metaverse, as one panelist suggests it could be? Or is there more to this emerging trend? Check out what everyone’s got to say on this hot topic in the latest episode of Small Biz Breakdown. Check out the latest small business news headli…

The fusion of art and science in interior design has never been more relevant than it is today. As people grow increasingly aware of the impact that well-designed spaces can have on their lives, demand for professional interior designers has surged. This has opened up many opportunities for those skilled in creating functional yet visually appealing environments. Read on for a guide about how to start an interior design business. Why Launch an Interior Design Business? Starting an interior design business can be a dream come true for those who find joy in transforming ordinary spaces into extraordinary experiences. Such a venture not only allows for the expression of cre…