Restaurants top of mind in Small Business Services Commissioner Jonnel Doris’ meeting with Queens Community Board 5

But that sympathy aside, the Commissioner is in a bind. What’s best for restaurants is only one of the determining factors of reopening policy for the city. Public health is another factor, Doris said. 

“I just think that restraints that we have at the moment, both from [the standpoints of] the health crisis and trying to get our businesses open—it’s a delicate balance that we have to have,” he said.

Such is the tension that has defined the monthslong reopening process. Last week the city announced restaurants could open indoor dining at a quarter capacity by the end of the month, nominally ending a prolonged pressure campaign from the industry. But restaurants and advocates say it’s not enough to keep the industry afloat, and they continue to push for the full reopening of indoor dining.

“It makes a big difference between September, or October, or even November. December is maybe

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Suryoday Small Finance Bank files draft papers with SEBI for IPO



a man in a suit and tie smiling at the camera: Suryoday Small Finance Bank files draft papers with SEBI for IPO


© Akanksha Sarma
Suryoday Small Finance Bank files draft papers with SEBI for IPO

Suroyaday Small Finance Bank Limited (SSFBL) has filed its Draft Red Herring Prospectus for an  Initial Public Offer (IPO) of up to 20,061,796 equity shares of face value Rs 10 each.

The SFB plans to utilise the net proceeds from the fresh issue towards augmenting the bank’s Tier – 1 capital base in order to meet the bank’s future capital requirements, SSFBL said in a statement.

This issue will be made via a book-building process, with Axis Capital, ICICI Securities, SBI Capital Markets, and IIFL Securities being the merchant bankers of the issue.

Shares of the bank will be listed on BSE and NSE.

Those offering shares through the offer for sale (OFS) route include International Financial Corporation (IFC), Gaja Capital, HDFC Holdings, IDFC First Bank, Kotak Mahindra Life Insurance Company, DWM (International) Mauritius Ltd, and

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TD Bank, Detroit’s Autobooks Launch Online Small Biz Accounting Platform



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TD Bank announced a launch this week of the TD Online Accounting Platform in partnership with the Detroit-based financial accounting company Autobooks.

Built for Small Business Owners: TD Bank announced the service as a tool built for small business owners. 

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It can be used with existing online banking features and can easily track paid or outstanding invoices, according to TD Bank. 

The TD Online Accounting Platform will get payments to businesses faster, as well as save time and money, the bank said. 

How Autobooks Supports Online Payments: Cash flow support is a must for small businesses, which need to keep money coming in, Derik Sutton, Autobooks’ vice president of product and experience, told Benzinga in an email. 

With payments shifting from physical transactions to online, banks need to equip small businesses and nonprofits to accept online payments, the Autobooks exec said. 

“TD Bank’s

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Small business services | WSDOT

Several state agencies and organizations assist small businesses with training, grants and loans, networking, and staying up-to-date on current events:

  • Learn about training, technical assistance and other services for small businesses at the Washington Procurement and Technical Assistance Centers: http://washingtonptac.org/.
  • USDOT’s Northwest Small Business Transportation Resource Center offers assistance with bonding and short-term financing. For more information, visit: https://www.transportation.gov/osdbu/nw-sbtrc 
  • The Governor’s Office for Regulatory Innovation and Assistance has many valuable resources for small businesses: http://www.oria.wa.gov.    
  • The Small Business Administration has many divisions tailored to specific types of companies.
  • Washington State’s Business Portal has helpful information to plan, start, and grow your business, as well as resources on taxes, permits, and reports for established businesses: http://www.business.wa.gov/. 

 

Disadvantaged Business Enterprises (DBEs)

Striping equipment stays in top shape thanks to his close inspection The Office of Minority and Women’s Business Enterprises (OMWBE) certifies socially and economically disadvantaged businesses for work on federally-assisted projects. These firms must be at least 51 percent owned and controlled

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Small business services, resources available at Chipola College | Local



Small business services, resources available

Chipola College and the SBDC will continue working together to provide small business services and resources to business owners and constituents throughout adjacent counties in the Florida Panhandle. Pictured from left, are: Dr. Pam Rentz, Vice President of Instructional Affairs, Chipola College; Dr. Lynn Eichler, SBDC; Kelly Massey, Regional Director, SBDC; Adam McCloskey, SBDC; and Dr. David Bouvin, Dean, School of Business & Technology, Chipola College.




Chipola College and the Small Business Development Center (SBDC) continue working together to provide small business services and resources to business owners and constituents throughout adjacent counties in the Florida Panhandle.

The SBDC and small business assistance is available 10 a.m. to 3 p.m. every Wednesday. Beginning July 10, the Florida SBDC at University of West Florida (UWF) resumed their outreach hours with Chipola College each week through virtual consulting hours specifically for current or prospective business owners in the area.

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Virus Resurgence Sends A Clear Message To Small Businesses That The Future Remains Uncertain

Small business owners are contending with some of the most trying economic conditions in recent memory. Suppliers are seeing their orders limited by a hobbled supply chain, shops and retailers are facing lower sales from a financially insecure client base and restaurants and bars are being forced to weigh the needs of their staff against the lower capacity imposed by socially-distanced dining areas.

But the most trying aspect of running a small business in the time of a pandemic is the reality that these conditions may continue for months on end. The U.S. and many other countries are already seeing a resurgence of infections and hospitalizations after just a few weeks of reopening measures.

Small Business Strife

The COVID-19 pandemic has put a halt to many business owners’ innate hopes for future growth. A recent article from William Dunkelberg, the Chief Economist for the National Federation of Independent Business, describes

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Austin Small Business Owners Pessimistic On Coronavirus Recovery

AUSTIN, TX — Austin has the nation’s largest share of small business owners who think they won’t be able to recover from the corrosive economic effects of the coronavirus, according to a study released on Wednesday.

Researchers at LendingTree, the nation’s largest online lending marketplace, analyzed results from the U.S. Bureau of the Census Small Business Pulse Survey before calculating the percentage of small business owners in the 50 largest U.S. metros who believe economic recovery is beyond their reach.

Among the key findings:

  • Neighboring San Antonio ranked second, with 14.9 percent of respondents not believing their business will recover from the pandemic. Moreover, more than 62 percent of San Antonio small business owners believe it will take at least four months before business is back to normal.

  • At the other end of the spectrum, small business owners in some cities do see light at the end of the tunnel

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Amazon Calls Itself Small Business Pal With Bezos Set to Testify

(Bloomberg) — Amazon.com Inc. is touting the success of the independent merchants on its site, previewing arguments Chief Executive Officer Jeff Bezos is expected to make next week to a congressional committee.

The Amazon founder is scheduled to testify on Monday before a House of Representatives panel probing competition in tech, alongside the top executives at Apple Inc., Alphabet Inc. and Facebook Inc. It will be Bezos’s first appearance before Congress.

Small- and medium-sized U.S.-based sellers averaged more than $160,000 in product sales on Amazon in the year ended May 31, up from about $100,000 during the prior period, the company said in a report released Tuesday. These merchants sold 3.4 billion products during the period, up from 2.7 billion a year earlier.

A periodic disclosure detailing Amazon’s small-business offerings from seller support to cloud-computing software, the report didn’t offer specific explanations for U.S. merchants’ rapid sales gains. But a

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Hoboken Gets $1.9M For Small Business, $8M For Coronavirus Care

HOBOKEN, NJ — U.S. Sen. Bob Menendez, Mayor Ravi Bhalla, and other officials announced on Wednesday that Hoboken small businesses can get $1.9 million in CARES Act funding, and that the city will also get $8 million for the city’s coronavirus expenses including testing, food for seniors, costs of disinfecting public buildings, and more. (Find out how to get a coronavirus test in Hoboken at the end of the story.)

Businesses affected by the crisis can apply for grants of up to $20,000 through a program administered by Hoboken and Hudson County.

Some small businesses and schools in Hoboken have already received federal PPP loans, which can be forgiven (see the list here). Others set up GoFundMe accounts for their staff at the beginning of the pandemic. But even those who’ve gotten PPP loans say they still have struggles. READ MORE: Here Are The Hoboken Businesses That Got PPP Loans.

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$20M In Grants For Camden County’s Small Businesses Amid Pandemic

CAMDEN COUNTY, NJ — Small businesses in Camden County will share in $20 million worth of federal grants amid the coronavirus pandemic, local officials announced Wednesday afternoon.

The county has received federal funds from the Coronavirus Aid, Relief, and Economic Security (CARES) Act to assist struggling businesses during the coronavirus pandemic. The funding is for both profit and nonprofit organizations, and priority will be given to businesses that have not received state or federal funding already.

“We know the business community, especially the foundation of our economy, small businesses, have been hurting and are in need of dire relief,” Camden County Freeholder Director Louis Cappelli Jr. said. “We need to ensure that every proprietor and principal of a small business has access to these grant funds in order to help maintain and stabilize their operations. Moving forward the grants have the potential to provide a business owner with up to

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