Janet Currie, president of Bank of America, Greater Maryland, highlights how Baltimore’s small and mid-sized businesses can capitalize on the CIAA Tournament’s economic impact by boosting community engagement, tightening cash flow management and planning for succession. She emphasizes that supporting local businesses during CIAA week helps build and sustain generational wealth in the community.
Tag: Small business owners
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Planning for your small business future
Planning for an ownership transition is essential for entrepreneurs to ensure the success of their business and create wealth-building opportunities for current and new owners.
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Harnessing Emerging Technologies to Power Your Business
Small business owners are increasingly using AI to drive innovation, efficiency and growth, with 80% already using or planning to implement AI, focusing on customer-facing applications like chatbots and customer service automation.
Posted inHealth
Federal administrator Lisa Gomez shares tips to combat burden of medical bills
The Employee Benefit Security Administration (EBSA) is working to assist citizens with their employer-sponsored retirement benefits and health benefit plans, and is working with small business owners to ensure they understand the coverage and benefits available to their employees.
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Black small business owners more optimistic, ready for growth in 2024
Black small business owners are more optimistic about 2024 compared to small business owners overall, with 80% expecting substantial increases in revenue and sales, and 52% believing their credit needs will increase this year.
Posted inBUSINESS
Maryland approved for additional $3.3 million in technical assistance funding from State Small Business Credit
By Megan Sayles, AFRO Business Writer, msayles@afro.com In line with President Joe Biden’s Investing in America agenda, the U.S. Department of Treasury announced $50.8 million in new funding for the State Small Business Credit Initiative’s (SSBCI) Technical Assistance Grant Program on Nov. 21. The investment will be used to provide more than 10,0000 small business […]