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Amazon blew away expectations with its first quarter results as sales soared – especially sales of its own products.
Fans of livestreaming have received some welcome news. Not only has Periscope started testing a new doodle feature, but a new platform is beginning to gain traction as well, giving live streamers even more options.
Read on for more small business headlines like these in our weekly Small Business Trends news and information roundup.Social Media Periscope Tests New Doodle Feature on Your Live Stream
Periscope, Twitter’s live streaming video app, is now testing a new Periscope Sketching feature that allows users to draw and doodle on top of live-streamed video.Launch Your Own Movie Channel With Unreel.me Video Streaming
YouTube’s got some new competition. Social video streaming company Unreel Entertainment has launched a new platform called Unreel.me, which provides all the tools businesses may need to instantly launch their unique, rich online video hubs. Not only that, they can monetize the content they create.Employment Ace Those Summer Hires with Best Practices from ADP
Summer is just around the corner. And for many businesses, that means there’s an opportunity to hire seasonal help. Division Vice President and General Manager of HR Solutions for ADP, Aldor Delp, has some insights to share with small businesses about making the most of your summer hires. Below are some top tips for summer hire best practices.My Experience With Transgender Bathroom Issues In the Workplace
What I am about to tell you is a true story of my experience as a business leader dealing with a transgender bathroom issue in the workplace. It’s a challenging issue but one that, in many small business situations, can have a practical solution. Nothing in what I’m about to tell you involves breaking any confidences. This was all public knowledge in our company.Your Employees are Stressed Out About Their Financial Futures, Study Says
A vast majority of American workers are worried about their financial future, according to a new study by Bank of America Merrill Lynch. The latest Workplace Benefits Report has revealed that American workers’ stress about their finances has increased, while confidence in their financial futures has decreased.Finance New Santander Select Adds Bells and Whistles to Personal Banking
If you maintain a high balance for your personal banking, there’s a new program from Santander that might be of interest. The Santander Select program aims to provide a more personalized experience for clients with high balances.Bank of America Reports Earnings Drop in Q1, Stock Dips
Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future.Franchise Virginia Governor Vetoed House Bill 18, Franchise Industry Fumes
As the battle continues between National Labor Relations Board (NLRB) and the International Franchise Association (IFA) — a battle that started in August last year — Virginia is still struggling to push back a major NLRB ruling that redefined how the relationship between a corporation and its franchisees is viewed.Marketing Tips Adaptive Medias Merges With AdSupply, Touts Anti-Adblocking Product
When one company acquires or merges with another, one of the goals is to improve its current product line while seamlessly integrating the solutions from the new organization. In the case of AdSupply, which is acquiring Adaptive Medias, the fit seems to be perfect.Anchor Audio App Lets You Broadcast to Your Followers Via iPhone
Launched back in February 2016, the Anchor audio app introduced an exciting new medium to the world of social media – your own voice. That’s right. Using the Anchor audio app, you can record a short segment and then share it with the world. The world can then talk back, using recordings called replies.Google Busting Publishers Using Clickjacking
Google has always been known to safeguard its applications to thwart anyone from using them for fraudulent activities. Recent developments in this regard have had Google defending its ad systems to prevent something known as clickjacking. What is Clickjacking? Clickjacking has emerged as a recent threat to cost-per-click display ads.Google Home Service Ads Expand, Add Electricians and HVAC
After Google’s phenomenal success in connecting home services owners to local residents in the San Francisco Bay Area last year, it has now taken a new step in this direction to include Electricians and HVAC Services in its Google Home Service Ads Program.Retail Trends Millennials Want To Visit Your Store, Not Just Your Website
For retailers, PWC’s Total Retail 2016 study (PDF) has a wealth of useful information about shopper behavior. But one statistic stood out for me because it’s so surprising: Millennial customers actually shop at physical stores more — not less — than other generations. Of course, that’s not to say that Millennials don’t shop online.Shopify Acquisition of Kit CRM Introduces Conversational Commerce
Shopify has just recently announced that it is all set to acquire Kit CRM, a virtual marketing assistant that leverages messaging to help businesses market their online stores. The acquisition of Kit CRM will will add yet another feather in the crown of conversational commerce.Small Biz Spotlight Spotlight: PeeqSee Offers an Interactive Social App
There’s no shortage of social media platforms for people to choose from these days. So it can be difficult to get one to stand out from the rest. That’s why PeeqSee focuses on creating an experience that’s truly interactive. Read more about the app in this week’s Small Business Spotlight. What PeeqSee Does Provides a social media app and site with interactive content.Startup 5 Startups Participate in Prestigious Constant Contact Innovation Program
Constant Contact recently announced the newest class of startups participating in its prestigious Small Business Innovation Program, an accelerator that supports entrepreneurs as they refine and grow their early-stage companies, and develop and solve issues for small business owners and nonprofits.Technology Trends Outbrain Launches Content Bots for Chat Platforms
The online content discovery platform Outbrain has launched Outbrain for Chat, a new service that will help online publishers to launch content bots or applications across leading Messaging platforms. You may not have heard of Outbrain yet, but you most likely have come across some of their work online.43 Percent of Cyber Attacks Target Small Business
Cyber crime is on the rise and small businesses are increasingly becoming the target of hackers. New data from Symantec’s 2016 Internet Security Threat Report shows that small businesses have become a big target for phishers. Last year, phishing campaigns targeted small businesses (PDF) 43 percent of the time.Feds Urge You Uninstall QuickTime from Windows Computers Immediately
As much as we all love the digital world we currently live in, the issue of security is an annoyance we could all do without. One of the latest security risks was announced by the Department of Homeland Security’s United States Computer Emergency Readiness Team (CERT) with an alert urging customers to uninstall QuickTime from Windows.New Priv by BlackBerry Apps Aimed at Small Businesses
Ever since BlackBerry joined forces with Google on the company’s latest phone — Priv by BlackBerry — life has become considerably easier. That’s especially true for small business owners who use BlackBerry’s apps available on the Play Store to manage their businesses.Is the Flyboard Air Real or Just A High Flying Stunt?
A new product has been sweeping the web since early April – and most aren’t even sure if it’s 100% legit. Zapata Racing, a French company, announced on April 8 that it has “achieved the dream of all men” in creating an alien-like hover board, which they have dubbed the ZR Flyboard Air. The hover board claims to be the result of four years of hard work and planning.
This article, "Periscope Adds New Feature, New Video Streaming Service Announced" was first published on Small Business Trends
Drugstore chain Walgreens is addressing the issue of medical marijuana, issuing an educational missive that alludes to the company's future interest in the massive market: $2.7 billion in 2015 and growing.
Amazon has the most popular shopping app today, with nearly twice as many users as the next closest competitor.
Regardless of whether Mother's Day spending will be up or down this year – there are conflicting reports – it's clear that experiences are edging out more traditional items. It's a continuation of a trend and growing consumer interest.
This summer, Homegrown Sustainable Sandwiches will open its first shop outside of Washington on Battery Street in the heart of San Francisco’s Financial District. Set to make its debut September 2016, city dwellers can stop into the environmentally friendly shop for breakfast, lunch, dinner, or a quick snack. To commemorate the move, cofounders Ben Friedman and Brad Gillis loaded up a 1986 (their birth year) Volkswagen Westfalia van with camping and hiking gear, a canoe, and of course sandwiches, to road trip down the West Coast to meet potential purveyors for the new location.Chains: Homegrown Sustainable Sandwich Shop
Houston-based Salata, the fast-growing custom salad and salad wrap chain with 53 locations throughout Texas, California, and Illinois, is set for restaurant growth by reinstating its franchising program, implementing restaurant designs, and opening a new headquarters. The announcement comes after a two-year franchising hiatus as Salata experienced tremendous growth and success among franchise restaurants.Chains: Salata
Businessman and presidential hopeful Donald Trump has talked a lot about business over the years but not that much about small business. Yet small business owners seem to be favoring him as the candidate who best represents their interests.
A Manta poll of 2,527 small business owners who plan to vote in the primaries found that 60 percent think Trump is the best Republican candidate for small business.
“Entrepreneurs relate to Donald Trump because, like him, we write our own narrative. We turn conflict into opportunity,” said Cherie Corso, owner of G2 Organics, in Manta’s report of its findings.Where Donald Trump Stands on Small Business Issues
A survey of small businesses by Sage also found Trump to be the heir apparent when it comes to representing small businesses.
From these surveys, it’s clear that small business is casting its vote for Trump, but what are the candidate’s views on issues of concern to small business and entrepreneurs? Here is what he has to say, in his own words. Some of what he says come from position statements on his website and some from other sources.
It should be noted that Small Business Trends reached out to Mr. Trump’s campaign but did not receive a response.Tax Reform
While not mentioning the tax burden faced by small business owners specifically, Trump’s attitude toward taxes in general will likely resonate with small business owners, as this recent Tweet attests:
Signing a recent tax return- isn’t this ridiculous? pic.twitter.com/UdwqF4iZIZ
— Donald J. Trump (@realDonaldTrump) February 25, 2016
Though Trump’s statements on business are general applying to very large and very small companies — and all businesses in between, in a Position Statement on Tax Reform he explains:
“No business of any size, from a Fortune 500 to a mom-and-pop shop to a freelancer living job to job, will pay more than 15 percent of their business income in taxes. This lower rate makes corporate inversions unnecessary by making America’s tax rate one of the best in the world.”
“This lower tax rate cannot be for big business alone; it needs to help the small businesses that are the true engine of our economy. Right now, freelancers, sole proprietors, unincorporated small businesses and pass-through entities are taxed at the high personal income tax rates.
“This treatment stifles small businesses. It also stifles tax reform because efforts to reduce loopholes and deductions available to the very rich and special interests end up hitting small businesses and job creators as well.
“The Trump plan addresses this challenge head on with a new business income tax rate within the personal income tax code that matches the 15 percent corporate tax rate to help these businesses, entrepreneurs and freelancers grow and prosper.”Healthcare
On the topic of healthcare, particularly the Patient Protection and Affordable Care Act, also known as Obamacare, Trump’s attitude also seems in sync with many small business owners. He tweets:
We will immediately repeal and replace ObamaCare – and nobody can do that like me. We will save $’s and have much better healthcare!
— Donald J. Trump (@realDonaldTrump) February 9, 2016
“On day one of the Trump Administration, we will ask Congress to immediately deliver a full repeal of Obamacare,” Trump explains in a position statement on healthcare.
“We will work with Congress to make sure we have a series of reforms ready for implementation that follow free market principles and that will restore economic freedom and certainty to everyone in this country.”
“I would end Obamacare and replace it with something terrific, for far less money for the country and for the people,” Trump told KCCI.com.Regulations and Regulatory Reform
In the area of government regulation too, Trump seems to be in agreement with many small business owners that fewer regulations are better. Though again not speaking directly about small businesses, Trump explains in a quote carried by the Washington Times.
“Right now, government regulations cost us annually $1.75 trillion. They constitute a stealth tax that is larger than the amount the Internal Revenue Service collects every year from corporations and individuals combined. In just three years, Mr. Obama has added hugely to the annual regulatory bill.”
In a support document for the so-called Regulations from the Executive in Need of Scrutiny (REINS) Act, Trump is quoted as saying:
“I will sign the REINS Act should it reach my desk as President and more importantly I will work hard to get it passed. The monstrosity that is the Federal Government with its pages and pages of rules and regulations has been a disaster for the American economy and job growth. The REINS Act is one major step toward getting our government under control.”U.S.-China Trade Relationship
When it comes to trade with China, small business owners are sometimes divided. While some small businesses are hurtg by overseas cmpetition others benefit from lower costs and outsourcing. So it becomes hard to sort out how Trump’s vision of a new trade relationship with China will impact small businesses in general. In a position statement on trade reform, Trump will only say:
“If you give American workers a level playing field, they will win. At its heart, this plan is a negotiating strategy to bring fairness to our trade with China. The results will be huge for American businesses and workers. Jobs and factories will stop moving offshore and instead stay here at home. The economy will boom. The steps outlined in this plan will make that a reality.
“When Donald J. Trump is president, China will be on notice that America is back in the global leadership business and that their days of currency manipulation and cheating are over. We will cut a better deal with China that helps American businesses and workers compete.”Immigration
A nation WITHOUT BORDERS is not a nation at all. We must have a wall. The rule of law matters. Jeb daf. — Donald J. Trump (@realDonaldTrump) July 28, 2015
While the tweet above may sound great, immigration is an area where some small business owners may differ with Trump. Like tech startups, some smal businesses are beginning to count on a global talent pool from which to recruit, especially for freelancers. So it’s unclear how Trump’s policies might affect them. In a position statement on immigration, Trump says:
“When politicians talk about ‘immigration reform’ they mean amnesty, cheap labor and open borders. The Schumer-Rubio immigration bill was nothing more than a giveaway to the corporate patrons who run both parties.
“Real immigration reform puts the needs of working people first — not wealthy globetrotting donors. We are the only country in the world whose immigration system puts the needs of other nations ahead of our own. That must change.
“In the year 2015, with 92 million Americans outside the workforce and incomes collapsing, we need companies to hire from the domestic pool of unemployed. Petitions for workers should be mailed to the unemployment office, not USCIS.”
In a talking points memo, he adds:
“I will end forever the use of the H-1B as a cheap labor program, and institute an absolute requirement to hire American workers first for every visa and immigration program. No exceptions.”
For more on where Donald Trump stands on small business issues and policies regarding small business, we recommend that you visit the Small Business & Entrepreneurship Council website.
Trump Photo via Shutterstock
This article, "Donald Trump on Small Business Issues (In His Own Words)" was first published on Small Business Trends
Hudson's Bay Co. is building a new fulfillment center that will feature robotic technology to support all retail channels.
Wayback Burgers announced the launch of its limited-time-only Chicken Bacon Ranch-A-Que Hero, crispy, crunchy Sea Salt House-Made Chips, and refreshing Frosted Lemonade—a frozen twist on a classic summertime sipper. The new menu items will be available at all Wayback Burgers locations nationwide from May 1 to July 31.Chains: Wayback Burgers
Nékter Juice Bar signed 29 franchise agreements in the first quarter of 2016, growing its footprint in the United States by more than 50 percent. Nékter has also experienced a significant uptick of 5 percent in same-store sales in the first quarter, as today’s more health-conscious consumers continue to value the higher quality of Nékter’s juices, smoothies, and acai bowls, made only with fresh, natural, and unprocessed ingredients—something not found at similar concepts.Chains: Nekter