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A decreasing number of small businesses are seeking and receiving government contracts. And part of the reason for this decline may be the strict reporting and compliance requirements. The good news is that small businesses are receiving a higher amount of government contracting dollars than before, about 28 percent. However, the amount of small businesses…

A Florida tax return preparer has been sentenced to 30 months in prison for his role in a conspiracy to defraud the United States by preparing and filing false tax returns. John Borgela, who ran Empire Tax Services (Empire), was also sentenced to two years of supervised release and ordered to pay $970,970 in restitution.…

Some entrepreneurs start their ventures to make a living. But others get into business to prove something to themselves and inspire others. Drew Davis is an example of the latter. The Saint Louis-area teen, who has cerebral palsy, originally started his company, Crippling Hot Sauce, as a school project. But when he received a “B”…

A small business owner in Reading, Ohio, recently witnessed someone trying to cash a fraudulent check with his company’s name on it firsthand. Air Plus Heating & Cooling owner Robert Raby Jr. was at Valley Central Bank in Reading when the bank manager waved him over. Another man, who he had been waiting in the…

A new type of scam is targeting small businesses and their customers. Copycats are using small business websites, videos, and social media posts to impersonate them, running online ads to attract customers and make their offerings seem legitimate. Then, they redirect users to a replicated version of the small business website where they can complete…

San Francisco mayoral candidate Mark Farrell wants to be described as a “small business owner” on the upcoming ballot. However, he runs a $100 million venture capital firm. This revelation comes as Farrell recently filed his paperwork to officially run for mayor in the November election. In San Francisco, candidates get to specify how they…

A New York woman has pleaded guilty to charges related to a COVID-19 vaccine fraud scheme. Kathleen Breault, 66, of Cambridge, admitted to destroying over 2,600 COVID-19 vaccines and issuing an equivalent number of fraudulent vaccination record cards. Breault, a midwife at Sage-Femme Midwifery PLLC (Safe-Femme) in Albany, New York, an authorized COVID-19 vaccine administration…

The Justice Department and the Federal Trade Commission (FTC) have initiated a civil enforcement action against Adobe Inc. and two of its executives. The lawsuit, filed in the U.S. District Court for the Northern District of California, alleges that Adobe and its executives, Maninder Sawhney and David Wadhwani, violated the Restore Online Shoppers’ Confidence Act…

The hard truth is that at the core of every thriving business are its people. But managing and leading people are also the hardest part of the business; quite honestly one of the top reasons entrepreneurs sell their companies is because the people wear them out! In a recent episode of The Small Business Radio…

The Small Business Administration (SBA) has issued a reminder to private nonprofit organizations in Montana about the upcoming deadline to apply for federal disaster loans for economic injury caused by flooding from June 1-8, 2023. The deadline to apply is July 11, 2024. This notice was given by Francisco Sánchez Jr., associate administrator for the…

The hustle culture that was prominent among early Silicon Valley Startups has dwindled in recent years, giving way to more work-life balance and trends like soft entrepreneurship and quiet quitting. However, the quick advancements of AI has created an ultra-competitive field that has some startups veering back into the hustle-harder mentality. One example of this…