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This Week’s ASBN Small Business News

Anchor Shyann Malone Brings You the Latest Updates for Small to Medium-sized Businesses

This week, anchor Shyann Malone brings you up to speed on the latest tools and resources now available for small to medium-sized businesses. This edition of ASBN Small Business News covers the top stories in the small business world.

Alliance between Allstate Health Solutions, and Intuit

With the announcement of a strategic alliance, Allstate Health Solutions and Intuit will provide QuickBooks online payroll users with additional insurance choices for their employees. Through the partnership, company owners will receive a greater degree of support in selecting benefits. Upon enrollment, they will have access to a broader range of plans featuring a contemporary user interface, extensive add-on features, and an exclusive agent network. Read more

Adobe provided online shopping data for the 2023 holiday season, which includes Cyber WeekÔÇöthe five-day shopping period from Thanksgiving to Black Friday and Cyber Monday. Based on Adobe Analytics data, the research revealed consumers spent a total of $12.4 billion on Cyber Monday, the buy now pay later usage accounted for $940 million in online spending, marking a record high, and discounts peaked at 31% off listed prices. Moreover, Thanksgiving broke previous records for mobile shopping, with smartphones accounting for 59% of online transactions. Read more

Coramino Fund Empowering Black and Latinx Entrepreneurs

Gran Coramino tequila, a tequila brand created by actor entrepreneur Kevin Hart and 11th-generation tequila maker Juan Domingo Beckmann, recently began accepting applications for the Coramino Fund. The fund provides nationwide learning opportunities and $10,000 grants to Black and Latino entrepreneurs. In its first year, the Coramino Fund received over 20,000 applications from every state and awarded $10,000 in scholarships to 50 entrepreneurs to help their small businesses thrive. Co-creator Kevin Hart noted, ÔÇ£The Coramino fund is not just about grants ÔÇô itÔÇÖs about building a legacy of economic empowerment and generational success.ÔÇØ Applications for eligible U.S. businesses are open now at┬álisc.org/grancoramino and close Dec. 5, 2023, at 11:59 p.m.┬áRead more

A new alliance between spend management platform Ramp and technology-driven banking service Rapid Finance will enable small businesses to access capital more quickly. Due to the partnership, small businesses now have more financing alternatives, making it easier to receive the funding they need to operate efficiently now and in the future. Even with the current state of the economy, working capital loans and business credit cards could provide funding for over 39% of small and medium-sized enterprises. Read more

How AI legalese decoder Can Help

AI legalese decoder is a powerful tool that can help small to medium-sized business owners navigate complex legal jargon in contracts, insurance policies, and other legal documents. By using AI legalese decoder, business owners can input legal documents and receive a plain language translation, making it easier to understand their rights, obligations, and the terms of any agreement. This can empower business owners to make well-informed decisions when it comes to choosing insurance options, selecting benefits, and reviewing financing agreements. Additionally, AI legalese decoder can save time and money by reducing the need to hire expensive legal professionals for document review and analysis.

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