Business Ideas and Inspiration

A new report from Oxford Economics reveals that TikTok has become a key driver of employment in the United States, with 7.5 million businesses on the platform supporting more than 28 million workers. The study, published today, highlights TikTok’s role in job creation and economic opportunity, particularly for small and mid-sized businesses. 4.7 Million Jobs Directly Benefit from TikTok The Oxford Economics report estimates that 4.7 million jobs in the U.S. benefit directly from using TikTok. This includes: Over 3.1 million workers who use TikTok in their jobs by creating content for the platform or managing accounts. More than 1.6 million workers who benefit indirectl…

The Kansas Department of Commerce has introduced a new grant program aimed at enhancing the appearance and economic appeal of downtown districts across the state. The Supporting Innovative Growth through New Signage (SIGNS) grant, launched today, will provide $250,000 in total funding to support high-quality, creative signage projects for retail and commercial businesses. The SIGNS grant is open to a wide range of applicants, including businesses, building owners, municipalities, Main Street organizations, economic development groups, chambers of commerce, foundations, tribal organizations, and other nonprofit community entities. Funding awards will range from $1,000 to …

The Internal Revenue Service (IRS) announced Monday that all individuals and businesses across Arkansas affected by severe storms, tornadoes, and flooding beginning April 2, 2025, now qualify for federal tax relief. As part of this relief, tax deadlines originally scheduled between April 2 and November 3, 2025, have been postponed until November 3, 2025. The tax relief applies to all 75 counties in Arkansas, following the Federal Emergency Management Agency’s (FEMA) designation of the entire state as a disaster area. The IRS emphasized that the current list of eligible localities is maintained on the Tax Relief in Disaster Situations page at IRS.gov. Extended Deadlines …

A new Lenovo-commissioned study conducted by IDC reveals that global organizations are significantly increasing AI investments, but concerns over return on investment (ROI) remain a primary barrier to broader adoption. The 2025 CIO Playbook: It’s Time for AI-nomics reports that AI spending is expected to nearly triple in 2025 compared to last year, yet business leaders remain divided on its long-term value. Key Findings: AI Investment and ROI Challenges While AI adoption is accelerating, financial risk and uncertain ROI remain the most cited obstacles. The study found that 37% of management remains skeptical or has reservations about AI’s impact, despite 90% of IT profes…

The Colorado Office of Economic Development and International Trade (OEDIT) announced the launch of a new three-year Rural Jump-Start (RJS) Operating Grant program aimed at stimulating economic development and job creation in economically distressed rural counties. The initiative, approved by the Colorado Economic Development Commission (EDC), will distribute up to $630,000 in grants to support approximately 36 businesses and at least 120 new jobs across the state. “Colorado is committed to supporting the small businesses that drive our economy and these grants will support businesses in our rural communities around the state. Colorado is one of the best places to start …

ResponseForce1, a Florida-based IT services firm with experience in disaster response and cybersecurity, has announced the launch of a new suite of compliance and security services designed specifically for small and medium-sized businesses (SMBs). The new Managed Services solution, branded RF1-TS, is set to go live on April 15, 2025. According to the company, the RF1-TS suite aims to help SMBs achieve and maintain compliance with NIST 800-171 and the Cybersecurity Maturity Model Certification (CMMC), providing customers with the tools necessary to take control of their IT environments. Comprehensive Services and Continuous Support The new offering includes Managed Serv…

Gasoline prices across the U.S. are dropping, bucking the typical seasonal trend of increases, according to AAA. The shift is being attributed to supply and demand dynamics, particularly a significant announcement from OPEC+ and recent data from the Energy Information Administration (EIA). AAA reports that OPEC+ will increase oil production by more than 400,000 barrels per day starting next month. This unexpected output boost has triggered a decline in crude oil prices. The combination of oversupply and weak gasoline demand is driving prices at the pump lower. According to EIA data, gasoline demand fell from 8.49 million barrels per day to 8.42 million barrels. Total do…

Pennsylvania Attorney General Dave Sunday has issued an advisory urging consumers to be cautious of a growing cyber scam involving fraudulent invoices sent through PayPal. The scam targets email users by sending repeated payment requests that appear urgent, often including a toll-free number directing victims to a scammer posing as customer support. Scammers exploit PayPal’s invoicing system by sending deceptive payment requests to users’ email inboxes. The messages often contain a phone number and a directive to call, leading victims to fraudulent operators attempting to extract personal and financial information. “Scammers are well aware that many Pennsylvanians rely …

Google has announced an expansion of Deep Research and Gems within the Gemini app, making the features available to additional Google Workspace customers. As of March 13, 2025, these AI-powered tools are now accessible to users in Business Starter, Enterprise Starter, Education Fundamentals, Standard, and Plus, as well as Frontline Starter and Standard, Essentials, Enterprise Essentials, Enterprise Essentials Plus, and Nonprofits. Enhanced AI Capabilities for More Users Deep Research and Gems are designed to streamline workflows and enhance productivity by leveraging AI-driven capabilities. According to Google, Gems function as customizable AI assistants that help users …

A new survey released by GoDaddy reveals that domain names play a critical role in shaping consumer trust and online shopping behavior. The GoDaddy Consumer Pulse survey, conducted in March with 1,500 U.S. consumers, found that 80% of respondents have avoided visiting or purchasing from a website because it had an oddly spelled domain name. This reaction was most prevalent among younger consumers. According to the findings, 85% of Gen Z and 82% of Millennials reported skipping a business due to its domain’s spelling, while 76% of Gen X and Boomers said the same. The survey was released in March in recognition of the domain name’s 40th anniversary and explored what consu…

When managing a small business, choosing the right inventory management software can greatly impact efficiency and decision-making. Effective tools help track stock levels, reduce manual errors, and streamline operations. With numerous options available, it’s important to evaluate features that align with your specific needs. From user-friendly interfaces to integrations with sales channels, the right software can optimize your inventory processes. Let’s explore some of the top choices available for small enterprises today. Key Takeaways BlueTally offers unique QR codes and low stock notifications, with a free plan for managing up to 50 assets, ideal for small busines…

This week, our Small Biz Breakdown crew is back and talking about some of the biggest stories that matter most to small business owners and entrepreneurs right now. Check out the always lively discussion of this week’s panel as they discuss some of the latest innovations in AI technology, specifically a new offering from OpenAI, as well as a talk about some of the latest economic conditions and how they affect small business owners nationwide. See what they had to say about these topics and much more on this week’s episode of Small Biz Breakdown below … Small Business News Here are the top headlines from Small Business Trends from the last week that are important to …

The U.S. Small Business Administration (SBA) has announced the national program and specialty award winners for the 2025 National Small Business Week, which will take place from May 4-10. The awards recognize businesses and resource partners for their contributions in government contracting, disaster recovery, and key areas such as exporting, small business investment, and surety bonding. “SBA is proud to recognize excellence across our small businesses and key resource partners,” said SBA Administrator Kelly Loeffler. “As we prepare to highlight just a few of the many success stories during National Small Business Week, we are laser-focused on our mission to empower Ame…

As Spring Break kicks off across the U.S., drivers are seeing a modest but expected rise in gas prices, according to AAA. The national average for a gallon of gas has climbed three cents since last Thursday, now sitting at $3.15. Gas prices typically begin their seasonal climb in spring and tend to peak during the summer months. However, despite the recent uptick, the national average remains about 40 cents lower than the same time last year. AAA attributes the lower year-over-year average to weak crude oil prices and subdued gasoline demand. Data from the U.S. Energy Information Administration (EIA) indicates that gasoline demand fell slightly, from 8.81 million barrel…

A Las Vegas woman has pleaded guilty to conspiring to defraud the U.S. government by submitting fraudulent tax refund claims for COVID-19 employment tax credits, securing $33 million in improper payouts from the IRS. According to court documents, Candies Goode-McCoy conspired with others from June 2022 through September 2023 to file approximately 1,227 fraudulent tax returns claiming refundable employment tax credits, including the employee retention credit (ERC) and paid sick and family leave credit. The total fraudulent claims amounted to over $98 million, with the IRS disbursing approximately $33 million before the scheme was uncovered. McCoy personally received over…

Project managers, rejoice! Zoho just introduced an application to usher in a bright new future for what you do. On March 11, 2025, Zoho revealed its new unified AI-driven project management platform Projects Plus. “Zoho Projects Plus is basically a collaboration of hybrid project management,” explained Zoho senior evangelist Aarthi Elizabeth. “One is your traditional projects and the other is your agile methodologies.” “It then brings in data analytics as well,” Elizabeth added. For many businesses, this constitutes a game changer. Think about the possibilities. Zoho’s current Projects software sees greatest use amongst businesses in construction, manufacturing, bank…

Managing inventory can be a complex task for small businesses, but using the right software can simplify the process considerably. By implementing effective inventory tracking solutions, you can gain real-time insights, streamline operations, and make informed decisions about stock levels. With a variety of options available, it’s important to understand which features suit your business needs best. Let’s explore the top seven inventory tracking software solutions that can help you optimize your inventory management. Key Takeaways Sortly offers an intuitive interface, ideal for small businesses needing easy navigation and customizable fields for inventory management. …

Key Takeaways Strong Online Presence: Establishing a Facebook page is essential for small businesses to connect with a vast audience of over 2.9 billion users and enhance brand visibility.Community Building: An effective Facebook page fosters interaction, allowing businesses to share promotions, gather feedback, and provide customer support, thereby building a loyal community.Engaging Content: Utilizing various formats such as videos, storytelling, and user-generated content can significantly increase audience engagement and improve organic reach.Page Optimization: Optimizing your Facebook page layout, including proper image sizes and complete page information, enhances…

Zoom has announced a significant expansion of its AI Companion platform, introducing new agentic AI skills and custom agent capabilities that span across Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom Docs, and Zoom Contact Center. The announcement, made March 17 during a company event in Orlando, highlights more than 45 innovations aimed at boosting productivity, simplifying workflows, and strengthening relationships through enhanced AI functionality. “AI Companion is evolving from a personal assistant to being truly agentic, which signals a major leap forward in how AI can enhance productivity and collaboration at work,” said Smita Hashim, chief product officer at Zoo…

Key Takeaways Capitalize on Consumer Enthusiasm: The New Year is a prime time to boost sales as consumers are motivated by resolutions and fresh starts, making it essential for businesses to leverage this mindset. Align Offers with Trends: Tailor promotions around seasonal buying patterns, focusing on products related to health, organization, and self-improvement to resonate with customer interests. Implement Effective Promotional Strategies: Use resolution-based promotions, limited-time offers, and engaging year-in-review content to foster a sense of urgency and drive customer engagement. Utilize Targeted Marketing: Deploy targeted social media campaigns and intera…

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…

Key Takeaways Enhanced Brand Visibility: Sponsoring events allows for strategic brand exposure through banners, posters, and media coverage, significantly increasing brand recognition.Direct Customer Engagement: Event sponsorship facilitates face-to-face interactions, fostering relationships that build trust and credibility with your target audience.Long-Term Brand Loyalty: By aligning your business with community values through sponsorship, you can create memorable experiences that enhance customer loyalty and encourage repeat business.Valuable Networking Opportunities: Sponsorship opens doors to connect with industry leaders and potential partners, leading to collabor…

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…

Dropbox announced a significant update to Dropbox Dash, its universal search and knowledge management product, introducing advanced media search capabilities and new AI-driven content creation tools. The new features aim to reduce the time knowledge workers spend searching for information and switching between apps. “Knowledge workers waste more than a month a year just looking for information and switching between apps,” said Drew Houston, co-founder and CEO of Dropbox. “With the new Dash, we’re not just helping you find your content faster—we’re helping you put it to work.” Enhanced Search Across Content Types The updated Dash allows users to search across all content…

Key Takeaways Utilize multiple monetization options on Facebook, including ad revenue, affiliate marketing, and direct sales of products and services, to maximize your income potential.Create engaging content that resonates with your audience by incorporating storytelling and visually appealing media to foster engagement and loyalty.Develop a strong Facebook presence by focusing on audience growth strategies, such as targeted ads and community engagement through Facebook Groups.Explore sponsored posts and partnerships to create additional revenue streams while maintaining authenticity and aligning with brand guidelines.Offer online courses or webinars to establish your …