Latest news with #NationalSmallBusinessMonth
Yahoo
3 days ago
- Business
- Yahoo
Arkansas small business recognized by Walmart on National Small Business Month
LITTLE ROCK, Ark. – This month is National Small Business Month, which makes it a perfect time for workers at Fire and Smoke Society to celebrate what they've been doing nationally from right here in the Natural State. The company makes seasonings and rubs for meat and other foods. CEO Brian Taylor said Walmart helped launch the company by putting the product on shelves. Small businesses can capitalize on Small Business Saturday with some planning 'I think the fact that we're manufactured in the U.S. is something that we're super proud of,' Taylor said. On Wednesday, Taylor's company and team was recognized by Walmart during National Small Business Month. Michael Lindsey with Walmart said two-thirds of the products on shelves are either made, grown or assembled in the United States, and over half of all products are made by small businesses. 'It helps Walmart by providing a diversity of suppliers from around the country to put great products on our shelves. That 60% of the products we sell are made by small businesses,' Lindsey said. Small business owners feel more uncertain about the future For Taylor, being able to be a part of that number means a lot. And he's hoping his small business story will rub off onto others. 'A lot of people in Arkansas still don't know we exist,' Taylor said, 'To kind of get that recognition and local leaders here today supporting us was really gratifying.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
19-05-2025
- Business
- Yahoo
Chamber invites public to make $20 pledge to support local businesses
It's National Small Business Month, and the Daviess County Chamber of Commerce is inviting people to step up and support local businesses. 'We are doing a $20 pledge where we encourage people to go out and spend $20 at a local small business that they have never shopped with before,' said Executive Director for the Daviess County Chamber of Commerce Joe Morris. 'It can something a simple as buying a gift card. It is graduation season and I can't think of a better way to help a graduate celebrate than a gift card from a small business. This campaign and pledge this month is happening all over the country.' Morris says that he feels a commitment to spend $20 with a new local business will have a tremendous impact on the entire local economy. 'It's the same kind of impact that we see during the holidays when we talk about shopping small and supporting local business,' he said. 'For every $100 spent at a locally owned business, $73 remains in the local economy and $27 leaves. Where it stays it supports all of our local non-profits, our booster clubs and philanthropy. So, for every $100 you spend locally $73 recycles through the local economy.' Morris says that simply spending with a local business make a difference to every operation. 'This has a positive impact on your merchants, your restaurants, beverage partners, our pubs and clubs, out merchants and retailers,' he said. 'It helps our downtown and the retailers there. It's the same impact in the smaller communities and on organizations like the Odon Business Alliance.' Morris points out that finding a small business, even one you might not have done business with in the past, should be easy. After all there are nearly 3,000 small businesses in the county dealing with everything from apples to zucchini. 'When you look at those businesses, they are almost all small. Whether you are going to a local nursery to buy flowers and plants or produce, whether you are going to a retail shop to buy clothing, small business is a big deal and it is the local heartbeat of our economy,' said Morris. 'Every day a small business starts. And that means the number of them are growing in Daviess County and that is exciting.' He points out that when money is spent at a local small business, the profit doesn't get sent off to a large, out-of-state corporation or its shareholders. Often those profits go back into the business to improve or expand its operations. 'Typically the yearbooks, the booster clubs, and the other organizations that support our youth and the youth education initiatives in our county, they always go to the businesses and those businesses are great about stepping up and helping our young people.' said Morris. 'It is always the local small business owner stepping up and supporting those initiatives.' He points out that small business is the glue to the community. The engine for the economy and the financial conduit that makes Washington and Daviess County what it is. 'We appreciate our small business partners and our members for all they do, not just for our local economy, but the entire community. This is what our community it about,' said Morris. 'We talk about it at Christmas with Shop Small Saturday, now people can do it for the whole month with the $20 pledge.'
Entrepreneur
19-05-2025
- Business
- Entrepreneur
Side Hustles Helping Small Businesses: Gigs That Pay the Most
Want to start a side hustle? Helping out a small enterprise might be the perfect opportunity to make some extra money outside of your 9-5 — and just in time for National Small Business Month. Although 69% of small business owners feel positive about their financial outlook for 2025, hiring remains difficult, with 89% admitting it's a struggle to find qualified workers, according to a survey from Goldman Sachs. Related: These Are the 10 Highest-Paying 'Little-to-No-Experience-Required' Side Hustles Right Now If you're wondering which small business-related gigs could pay the most, look no further than NetCredit's recent study, which examines side hustle earning potential for a single day of work. Researchers looked through thousands of publicly available job ads to produce the ranking. The average pay for a 24-hour job completion for any business side hustle doesn't exceed $100 on Fiverr, the research found. However, some business-adjacent tasks may get close to earning that much: side hustles related to applications and registrations net an average of $97.50 for a day's work, to project management $90 and to interview preparation $85, per the study. Related: This 17-Year-Old High School Student Has a $20,000-a-Month Side Hustle — and It All Started With a Skill He Learned in Class Side hustle jobs related to business planning, pitch decks, sales, market research and legal documents and contracts average $50 or more a day, according to NetCredit. Check out NetCredit's infographic below for the full breakdown of the business side hustles that pay the most over a 24-hour period: Image Credit: Courtesy of NetCredit
Business Wire
19-05-2025
- Business
- Business Wire
New Study: Legal Pitfalls Dent Small Business Owners' Bottom Line, Yet Most Forgo Counsel
ADA, Okla.--(BUSINESS WIRE)--Nearly one in five small businesses lost over $5,000 to preventable legal issues last year, while 40% missed revenue opportunities due to legal uncertainties, according to a new LegalShield study revealing how outdated perceptions about legal services are undermining America's small business sector. 'Every hour a small business owner spends dealing with legal issues is an hour they're not serving customers, selling products, or growing their business,' said Warren Schlichting, LegalShield CEO. Share Released during National Small Business Month, LegalShield's study reveals a troubling gap between entrepreneurs' legal needs and their willingness to address them—even as regulatory demands and economic pressures intensify. The study reports: 61% of small businesses worry about accidentally violating laws or regulations 83% say access to affordable legal services is somewhat, very or extremely important A quarter of small businesses have considered closing their business due to legal challenges More than 1 in 4 spend 3-5 hours a week dealing with legal matters "Most small business owners only turn to attorneys when they're already facing litigation—that's the wrong approach. Using a health analogy, it's like not taking care of yourself and ignoring aches and pains until you need an expensive operation," said Michael Fiffik, a LegalShield provider attorney. "By proactively working with an attorney, businesses can prevent costly contractual claims, avoid regulatory fines and penalties, make informed decisions, and give themselves important legal advantages when inevitable challenges arise." 'Every hour a small business owner spends dealing with legal issues is an hour they're not serving customers, selling products, or growing their business,' said Warren Schlichting, LegalShield CEO. 'They often believe legal help is too complicated and expensive, but that perspective can end up costing them far more in the long run as they try and handle matters on their own. Legal support should be simple, accessible and above all affordable.' Study Methodology: LegalShield surveyed 299 small business owners and managers across the United States, completed on April 5, 2025. Respondents ranged in age from 25-80 years, balanced according to basic U.S. Census demographic data. The sample included representation from all U.S. regions. All respondents self-identified as owners or managers of small-to-medium businesses. About LegalShield: For more than 50 years, LegalShield has provided everyday Americans with easy and affordable access to legal advice, counsel, protection, and representation. Serving millions, LegalShield is one of the world's largest platforms for legal, identity, and reputation management services protecting individuals and businesses across North America. Founded in 1972, LegalShield, and its privacy management product, IDShield, has provided individuals, families, businesses, and employers with tools and services needed to affordably live a just and secure life. Through technology and innovation, LegalShield is disrupting the traditional legal system and transforming how and where people receive legal guidance and services, with access to hundreds of qualified, trusted attorneys and law firms. LegalShield and IDShield are products of Pre-Paid Legal Services, Inc. To learn more about LegalShield and IDShield, visit and
Yahoo
19-05-2025
- Business
- Yahoo
New Study: Legal Pitfalls Dent Small Business Owners' Bottom Line, Yet Most Forgo Counsel
47% lost at least $500; nearly 1-in-5 lost $5,000+ due to legal issues 40% missed out on new business revenue due to legal fears, lack of advice 60% avoided retaining a lawyer due to perceived cost and complexity ADA, Okla., May 19, 2025--(BUSINESS WIRE)--Nearly one in five small businesses lost over $5,000 to preventable legal issues last year, while 40% missed revenue opportunities due to legal uncertainties, according to a new LegalShield study revealing how outdated perceptions about legal services are undermining America's small business sector. Released during National Small Business Month, LegalShield's study reveals a troubling gap between entrepreneurs' legal needs and their willingness to address them—even as regulatory demands and economic pressures intensify. The study reports: 61% of small businesses worry about accidentally violating laws or regulations 83% say access to affordable legal services is somewhat, very or extremely important A quarter of small businesses have considered closing their business due to legal challenges More than 1 in 4 spend 3-5 hours a week dealing with legal matters "Most small business owners only turn to attorneys when they're already facing litigation—that's the wrong approach. Using a health analogy, it's like not taking care of yourself and ignoring aches and pains until you need an expensive operation," said Michael Fiffik, a LegalShield provider attorney. "By proactively working with an attorney, businesses can prevent costly contractual claims, avoid regulatory fines and penalties, make informed decisions, and give themselves important legal advantages when inevitable challenges arise." "Every hour a small business owner spends dealing with legal issues is an hour they're not serving customers, selling products, or growing their business," said Warren Schlichting, LegalShield CEO. "They often believe legal help is too complicated and expensive, but that perspective can end up costing them far more in the long run as they try and handle matters on their own. Legal support should be simple, accessible and above all affordable." Study Methodology: LegalShield surveyed 299 small business owners and managers across the United States, completed on April 5, 2025. Respondents ranged in age from 25-80 years, balanced according to basic U.S. Census demographic data. The sample included representation from all U.S. regions. All respondents self-identified as owners or managers of small-to-medium businesses. About LegalShield: For more than 50 years, LegalShield has provided everyday Americans with easy and affordable access to legal advice, counsel, protection, and representation. Serving millions, LegalShield is one of the world's largest platforms for legal, identity, and reputation management services protecting individuals and businesses across North America. Founded in 1972, LegalShield, and its privacy management product, IDShield, has provided individuals, families, businesses, and employers with tools and services needed to affordably live a just and secure life. Through technology and innovation, LegalShield is disrupting the traditional legal system and transforming how and where people receive legal guidance and services, with access to hundreds of qualified, trusted attorneys and law firms. LegalShield and IDShield are products of Pre-Paid Legal Services, Inc. To learn more about LegalShield and IDShield, visit and View source version on Contacts LegalShield Media Contact: Hollon Kohtz, Director of Communicationshollonkohtz@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
