Mon, 29 Jun 2020 14:14:00 EST Startup Savant News RSS Feed All the news from StartupSavant.com https://startupsavant.com/news https://startupsavant.com/news/yoco-venture-capital-funding Mon, 29 Jun 2020 12:00:00 EST How Yoco Managed to Raise $20 Million in Venture Capital Funding Yoco is a South African company that makes card payments possible for the informal, rural, and SME merchants. They started the business in 2015, nine months after similar businesses. Instead of worrying about their late entry into the market, they worked on perfecting their business model. https://startupsavant.com/news/yoco-venture-capital-funding https://startupsavant.com/news/growing-business-health Mon, 29 Jun 2020 12:00:00 EST Growing a Business by Focusing on Health In 2018, Elon Musk recommended that people need to work "80 to 100 hours per week" to change the world. Businesses certainly need lots of attention, especially in the early days; in that sense, Musk is right. However, this cannot be healthy. Entrepreneurs that work long hours for extended periods risk suffering from burnout and unsustainable stress. https://startupsavant.com/news/growing-business-health https://startupsavant.com/news/entrepreneur-survives-challenges Sun, 28 Jun 2020 12:00:00 EST How One Entrepreneur Survives Challenges Like COVID-19 Entrepreneur Jay Kamhi’s 40-year business has suffered from COVID-19. However, his business’s likely survival rests on his ability to remember his “thing.” We take a look at his method for doing so. https://startupsavant.com/news/entrepreneur-survives-challenges https://startupsavant.com/news/5-steps-greener-business Sun, 28 Jun 2020 12:00:00 EST 5 Actions You Can Take to Make Your Business Greener There are important and easy steps your business can take to make your environmental footprint smaller. This article focuses on the top five green business practices. https://startupsavant.com/news/5-steps-greener-business https://startupsavant.com/news/generous-grants Sat, 27 Jun 2020 12:00:00 EST 5 Organizations That Announced Generous Research Grants in 2020 The pandemic has tilted the economy downward, and many people looking for ways to move on. Fortunately, there are companies around who are willing to give out generous grants for research. https://startupsavant.com/news/generous-grants https://startupsavant.com/news/pandemic-new-product Sat, 27 Jun 2020 12:00:00 EST Is a Pandemic the Best Time for a New Product? Despite the slump in consumer spending during the pandemic, companies such as Glossier and Tenzing have been trekking full steam ahead when it comes to new product launches. https://startupsavant.com/news/pandemic-new-product https://startupsavant.com/news/fintech-visa-mastercard Fri, 26 Jun 2020 12:00:00 EST Fintech News Roundup: the Latest on Visa and Mastercard Visa and Mastercard are two companies you will never stop hearing about. These companies are longtime rivals — except this time, they aren’t just fighting against each other. Here’s a roundup of everything that’s been going on with them lately. https://startupsavant.com/news/fintech-visa-mastercard https://startupsavant.com/news/most-popular-accounting-software Fri, 26 Jun 2020 12:00:00 EST The Most Popular Accounting Software in 2020 The digital era has made business operations easier and more flexible, allowing owners to use digital tools as assistance to help grow their business. Traditional methods have proved to become costly, as owners have found that newer technology enables them to open their businesses to a larger buying market. https://startupsavant.com/news/most-popular-accounting-software https://startupsavant.com/news/small-business-tax-considerations Thu, 25 Jun 2020 12:00:00 EST 5 Things Every Small Business Owner Should Consider for Their 2020 Tax Filings The majority of the measures you might have taken for your previous tax filing expired on Dec. 31, but not all of them. There are still several actions that taxpayers should take before July 15 to help minimize the blow. Some have been available to taxpayers for years, while others stem from last year's Tax Cuts and Jobs Act. https://startupsavant.com/news/small-business-tax-considerations https://startupsavant.com/news/5-most-popular-credit-cards Thu, 25 Jun 2020 12:00:00 EST The 5 Most Popular Credit Cards of 2020 The are several benefits to owning a credit card, such as keeping track of your transactions, building a credit score, borrowing without paying interest. The list is endless, so you should check out these options and get a credit card right away. https://startupsavant.com/news/5-most-popular-credit-cards https://startupsavant.com/news/top-five-countries-for-startups Wed, 24 Jun 2020 12:00:00 EST The Top 5 Countries for Successful Startups in 2020 Entrepreneurs host a multitude of different skills, and their ability to calculate new business ventures has become a pivotal driving force in the global economy. An index created by the Global Entrepreneurship and Development Institute has set out to measure the quality and complexity of intertwined entrepreneurial skill sets, as well as how they function on a global level. https://startupsavant.com/news/top-five-countries-for-startups https://startupsavant.com/news/big-things-in-ecommerce-2020 Wed, 24 Jun 2020 12:00:00 EST Big Things Happening in Ecommerce in 2020 Ecommerce is gearing up for some significant changes in the way it works. The global commerce market predicts that by the end of 2020, ecommerce sales will make up 16% of all retail sales globally, a drastic change that has happened over only a number of recent years. https://startupsavant.com/news/big-things-in-ecommerce-2020 https://startupsavant.com/news/startup-government-statistics Tue, 23 Jun 2020 12:00:00 EST The Latest US Government Statistics on Startups According to the US Census Bureau, the highest five-year survival rate for new businesses is 51.3%, and founders who have had a previously successful business have a 30% success rate with their next business venture. More than 80% of successful business owners admit that they have the right qualifications and backed up experience to run a company — even with limited cash. https://startupsavant.com/news/startup-government-statistics https://startupsavant.com/news/best-business-leadership-books Tue, 23 Jun 2020 12:00:00 EST Bestselling Business Leadership Books to Read in 2020 Having a great boss makes any job easier and more worthwhile. Enjoying better management and organizational setups in any occupation can give employees higher levels of morale, and one can hope to see an increase in production output. https://startupsavant.com/news/best-business-leadership-books https://startupsavant.com/news/startup-marketing-strategy Mon, 22 Jun 2020 12:00:00 EST 5 of the Latest Research-Based Steps for a Startup Marketing Strategy All marketers want to be in on the latest techniques that can deliver maximum efficiency and competitive advantage. Want to up your game too? The latest marketing research indicates that the objective goals of startups and small businesses are to increase sales and maximize their profits. https://startupsavant.com/news/startup-marketing-strategy https://startupsavant.com/news/investors-support-behind-entrepreneurs Mon, 22 Jun 2020 12:00:00 EST The Motivational Forces Behind Entrepreneurs and How Investors Can Support Them Today, most venture capitalists offer much more than funding and understand that budding entrepreneurs also need support through inspiration and incentives, no matter their background, culture, or gender. https://startupsavant.com/news/investors-support-behind-entrepreneurs https://startupsavant.com/news/digital-analytics-tools-for-startups Sun, 21 Jun 2020 12:00:00 EST Industry Update: The Latest Digital Analytics Tools for Startups and Small Businesses The new digital era, defined as 2020 and beyond, requires a fresh approach to business tools — particularly analytics and big data tools. Here is the latest news to stay ahead of the curve. https://startupsavant.com/news/digital-analytics-tools-for-startups https://startupsavant.com/news/how-ai-impacts-startups Sun, 21 Jun 2020 12:00:00 EST AI Quarterly Update: How Artificial Intelligence Impacts Startups The latest trends in AI are astounding: according to Sundar Pichai, Google’s CEO, it is crucial in our lives. Speaking at a San Francisco town hall event, Pichai asserted that “AI is one of the most important things humanity is working on. It is more profound than, I dunno, electricity or fire.” https://startupsavant.com/news/how-ai-impacts-startups https://startupsavant.com/news/post-pandemic-business-funding Sat, 20 Jun 2020 12:00:00 EST Startup News: Business Funding in a Post-Pandemic World Investor interest and capital funding for startups started to drop toward the end of February 2020, putting a halt to a year that began with an upward trend. All early indications were that 2020 was set to match the record highs of 2018, with high investor demand and plenty of capital available for budding and existing entrepreneurs. https://startupsavant.com/news/post-pandemic-business-funding https://startupsavant.com/news/cares-act-rollback Sat, 20 Jun 2020 12:00:00 EST What Do We Really Know About the CARES Act? House Democrats passed a largely symbolic bill last May rolling back two controversial tax provisions that had been slipped into the Coronavirus Aid, Relief, and Economic Security (CARES) Act. https://startupsavant.com/news/cares-act-rollback https://startupsavant.com/news/remote-communication Fri, 19 Jun 2020 12:00:00 EST Remote Communication Now Will Save Your Company From Miscommunications Later As the fear of the virus still lingers, the world is beginning to open back up with exuberant levels of caution. As a business owner, you might have become accustomed to seeing your customers filter in and out of your stores. https://startupsavant.com/news/remote-communication https://startupsavant.com/news/limited-time-not-wasted-time Fri, 19 Jun 2020 12:00:00 EST Limited Time Should Not Equal Wasted Time The current global health crisis has been devastating to many businesses. Regular working hours are decreasing, employees are being laid-off due to a lack of necessity, and team members are finding themselves staring at a computer screen with little motivation for non-existent work. https://startupsavant.com/news/limited-time-not-wasted-time https://startupsavant.com/news/nature-to-improve-productivity Fri, 19 Jun 2020 12:00:00 EST As Some Americans Return to Work, Top Business Advisers Suggest Using Nature to Improve Productivity in the Office With thousands set to return to work, the focus now needs to be on how business owners can help their employees in these unprecedented times. Stress is something that has no benefit to anyone. So, how can business owners and workers kill stress and boost productivity in the office? This question is especially important after such a long lay off; the need to motivate your employees is arguably more challenging than ever. https://startupsavant.com/news/nature-to-improve-productivity https://startupsavant.com/news/fastest-growing-us-companies Fri, 19 Jun 2020 12:00:00 EST 10 of the Fastest-Growing US Companies in 2020 Hundreds of businesses are formed every year, but not all of them succeed. While many businesses end up failing, the following ten have been incredibly successful. For these companies, innovation, creativity, and resilience have paid off — and in a big way. https://startupsavant.com/news/fastest-growing-us-companies https://startupsavant.com/news/mobile-malware-credit-cards Fri, 19 Jun 2020 12:00:00 EST Warning for Consumers: New Malware Can Steal Your Credit Card Information via Text Mobile malware was created for the sole purpose of gaining access to information on your phone. This malware could transfer part money from your bank card to a scam-controlled account or purchase goods for an attacker with your money. https://startupsavant.com/news/mobile-malware-credit-cards https://startupsavant.com/news/rising-employment-rates Fri, 19 Jun 2020 12:00:00 EST With Employment Rates Rising Again, Startups Are Planning Their Recruitment Options According to the most recent government statistics, nonfarm employment rose dramatically in May. These job creations were mostly in the leisure and hospitality business, but they clearly indicate that business is picking up again. https://startupsavant.com/news/rising-employment-rates https://startupsavant.com/news/new-ppp-law-extends Fri, 19 Jun 2020 12:00:00 EST New Paycheck Protection Program Law Extends the Period From 8 Weeks to 24, Reduces the Payroll Percentage Congress has just passed the 2020 Paycheck Protection Flexibility Act and improved the Paycheck Protection Program (PPP) for small business loans. https://startupsavant.com/news/new-ppp-law-extends https://startupsavant.com/news/uneployment-rate-falls Fri, 19 Jun 2020 12:00:00 EST Unemployment Rate in the US Falls to 13.3% as Businesses Begin Reopening Recent reports indicate that many people are still financially devastated and out of work due to the global pandemic. However, data is showing that the unemployment rate has recently declined. https://startupsavant.com/news/uneployment-rate-falls https://startupsavant.com/news/boom-in-ecommerce-activity Fri, 19 Jun 2020 12:00:00 EST The Nation’s Small Business Crisis Could Explain the Recent Boom in Ecommerce Activity Internationally, governments are reporting a downfall in businesses and the economy. However, a lot of online businesses now have expanded their services from the local market to the global market space in an attempt to keep their businesses moving along. If your business is one that is facing economic challenges during the pandemic, this could be a solution to help keep you afloat. https://startupsavant.com/news/boom-in-ecommerce-activity https://startupsavant.com/news/5-ways-ai-automation-impact-businesses Fri, 19 Jun 2020 12:00:00 EST 5 Ways AI and Automation Are Impacting Businesses in 2020 The world has gone through immense changes in the last decade, meaning businesses and companies are quickly shedding traditional ideas and making space for modern adaption. Artificial intelligence (AI) and robotic process automation (RPA) have become some of the most noteworthy additions to the world of business. https://startupsavant.com/news/5-ways-ai-automation-impact-businesses https://startupsavant.com/news/delayed-tax-payment Fri, 19 Jun 2020 12:00:00 EST Treasury and IRS to Delay Tax Payment Deadline by 90 Days That the IRS has extended their payment deadline is a relief to those facing a recent financial hit. This extension grants people extra time to pay their taxes and also gives them time to learn more about their tax filing process. https://startupsavant.com/news/delayed-tax-payment https://startupsavant.com/news/alexis-ohanian-moved-on Fri, 19 Jun 2020 12:00:00 EST Alexis Ohanian, Co-Founder of Reddit, Has Moved On In 2018, Alexis Ohanian took a step back from his responsibilities as Co-Founder of Reddit, an “American social news aggregation, web content rating, and discussion website,” while still choosing to maintain his place on the board. https://startupsavant.com/news/alexis-ohanian-moved-on https://startupsavant.com/news/brilliant-new-business Fri, 19 Jun 2020 12:00:00 EST Even in the Current Economic Climate, Your Idea Could Be the Next Brilliant New Business Launch Economic downturns and recessions may appear like a bad time for aspiring entrepreneurs to develop their business ideas. However, as consumer spending drops and millions of companies around the globe scrutinize their business models, history has shown that recessions create space for newcomers with great ideas in the business community. https://startupsavant.com/news/brilliant-new-business https://startupsavant.com/news/renewable-jet-fuel Fri, 19 Jun 2020 12:00:00 EST LanzaTech’s Renewable Jet Fuel Technology Is Ready to Take Off Sustainable aviation fuel is about to become available to the commercial market through the technologies developed by LanzaTech over the last 15 years. The technology that creates ethanol from carbon emissions from various sources, including power plants, can be used as fuel and for chemical manufacturing. https://startupsavant.com/news/renewable-jet-fuel https://startupsavant.com/news/lower-unemployment-rate-economy Fri, 19 Jun 2020 12:00:00 EST What the Lower Unemployment Rate Really Means for the Economy The unemployment rate dropped to 13.3% in May, bringing some long overdue good news regarding the desperate state of jobs in the US. It also brings good news for the US economy as a whole. https://startupsavant.com/news/lower-unemployment-rate-economy https://startupsavant.com/news/ecommerce-shopping-storm Fri, 19 Jun 2020 12:00:00 EST Ecommerce Shopping Is Taking the World by Storm Brought about by the recent health crisis in the US and the rest of the world, ecommerce has taken a surprising turn in a direction most companies were not anticipating. https://startupsavant.com/news/ecommerce-shopping-storm https://startupsavant.com/news/uber-lyft-employees Fri, 19 Jun 2020 12:00:00 EST Are Uber and Lyft Drivers Employees? In recent months, Uber and Lyft drivers had been spotted on strike while demanding higher pay and an increase in benefits. Drivers from these companies have found themselves misclassified in their respective jobs, being labeled as independent contractors. This misclassification resulted in a decrease in the number of benefits available to their hard-working drivers. https://startupsavant.com/news/uber-lyft-employees https://startupsavant.com/news/live-events-enjoyed-virtually Fri, 19 Jun 2020 12:00:00 EST Will Live Events Be Enjoyed Virtually From Now On? More than eighty million events worldwide have either been canceled or rescheduled due to the virus. https://startupsavant.com/news/live-events-enjoyed-virtually https://startupsavant.com/news/microsoft-chatbot-builder Fri, 19 Jun 2020 12:00:00 EST Microsoft Launches Its Conversational Chatbot Builder It’s estimated that major corporations and medium-sized businesses will save a combined total of $12 billion by 2023 in customer service, human resources, and marketing operations thanks to conversational artificial intelligence (AI). Research in the field of AI and chatbot technology has given more statistical insights into how AI is rapidly becoming one of the most sought after software advancements in modern business. https://startupsavant.com/news/microsoft-chatbot-builder https://startupsavant.com/news/chatbot-platforms-worth-considering Fri, 19 Jun 2020 12:00:00 EST 4 Chatbot Platforms Worth Considering Artificial Intelligence (AI) driven technology has quickly become a subculture of human communication. Computational intelligence and business communication have drawn more attention to the importance of better chatbot investment. The growing demand has been met with advanced and efficient chatbots that can replace a labor-intensive routine. https://startupsavant.com/news/chatbot-platforms-worth-considering https://startupsavant.com/news/fintech Fri, 19 Jun 2020 12:00:00 EST 5 Big Things Happening in Fintech Right Now Fintech is having an increasingly huge impact on the economy, as research from the National Bureau of Economic Research suggests. The fintech space is outshining traditional banks, breaking barriers, and carving a clear path in today’s society. https://startupsavant.com/news/fintech https://startupsavant.com/news/godaddy-aws-azure-news Fri, 19 Jun 2020 12:00:00 EST The Latest News From GoDaddy, AWS, and Azure GoDaddy, AWS, and Azure are all rivals in cloud computing, hoping to beat one another in the field. As all three initiate work-from-home strategies, revenues keep climbing. However, these companies are mainly trying to help their customers first and foremost. https://startupsavant.com/news/godaddy-aws-azure-news https://startupsavant.com/news/green-industries-for-startups Fri, 19 Jun 2020 12:00:00 EST Green Industry Suggestions for Startups in 2020 Green entrepreneurship, environmentally friendly, and green ventures are a few of the terms that describe the revolutionized green industry that is becoming more and more popular and is being followed by many businesses today. https://startupsavant.com/news/green-industries-for-startups https://startupsavant.com/news/new-york-stock-exchange Fri, 19 Jun 2020 12:00:00 EST New York Stock Exchange Traders Return to Prove They Are as Influential as Ever The stock exchange floor is ready to open back up post-quarantine. However, outdated assumptions of how the floor operates leave some people scratching their heads. https://startupsavant.com/news/new-york-stock-exchange https://startupsavant.com/news/dramatic-decline-fundraising Fri, 19 Jun 2020 12:00:00 EST Survey Shows a “Dramatic Decline” in Fundraising Due to Global Pandemic According to Jeff Martin, Senior Director as EAB, front-line fundraisers are reported to be “...having trouble getting new prospects to take meetings. They’re having trouble opening up the conversation about giving with people who they don’t have established relationships with.” While this study focuses primarily on university fundraising, the same decline can be seen in the business world. https://startupsavant.com/news/dramatic-decline-fundraising https://startupsavant.com/news/direct-to-consumer-brands Fri, 19 Jun 2020 12:00:00 EST Direct-to-Consumer Brands: Listen Up! Upon Nike’s switch to direct-to-consumer (DTC) in late 2019, many companies began considering officially making the change to a direct-to-consumer business model. As we experience new challenges, struggles, and ways of living, there are problems, tips, and tricks for the world of direct-to-consumer businesses that you should know. https://startupsavant.com/news/direct-to-consumer-brands https://startupsavant.com/news/biggest-technology-trends Fri, 19 Jun 2020 12:00:00 EST The Biggest Technology Trends of 2020 Technology is the trend of the modern age — it’s everywhere we go. While nature, humanity, and technology face a huge debate every day, we cannot deny that it is ever-changing and always changing our livelihoods. https://startupsavant.com/news/biggest-technology-trends https://startupsavant.com/news/highest-paid-ceos Fri, 19 Jun 2020 12:00:00 EST 2020’s Highest-Paid CEOs Revealed The world's wealthiest CEOs rake in millions to billions every year with their success stories. From Arora to Zaslav, we’ve compiled a list of the highest-paid CEOs of 2020 and their notable feats. https://startupsavant.com/news/highest-paid-ceos https://startupsavant.com/news/paycheck-protection-second-wave Fri, 19 Jun 2020 12:00:00 EST Paycheck Protection Program: A Second Wave Companies with fewer than one hundred team members, self-employed individuals, and sole proprietors have all been looking forward to the new revival of the Paycheck Protection Program. https://startupsavant.com/news/paycheck-protection-second-wave https://startupsavant.com/news/600-week-unemployment-benefits Fri, 19 Jun 2020 12:00:00 EST Former Fed Chair: It’s “Crazy” and “Cruel” Not to Extend the $600-Week Enhanced Unemployment Benefits At the end of July, the extra $600 a week in enhanced unemployment benefits that jobless workers currently receive from the federal government will expire. https://startupsavant.com/news/600-week-unemployment-benefits https://startupsavant.com/news/big-data-trends-for-startups Fri, 19 Jun 2020 12:00:00 EST The Latest “Big Data” Trends and How They Impact Startups According to a recent statement by renowned SAS author Philip Russom, one of the definitions for the term “big data” is based on the 3Vs: volume, variety, and velocity. The latest research on big data and its impact on business backs this up with some interesting findings. https://startupsavant.com/news/big-data-trends-for-startups