Despite continuing inequities and the COVID-19 pandemic, Black entrepreneurship is growing in record numbers. Because of America’s size and diversity, business success rates can vary heavily depending on location. To understand where in the US Black entrepreneurs are best positioned to succeed, Merchant Maverick set out to rank every state based on an array of metrics. Here are the most supportive states for Black-owned businesses.
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The 10 best states for women-led startups, led by Colorado, shine when it comes to metrics of gender parity, cost of living, and tax rates. What’s more, investors in these states are finally giving a fair shake to women-owned startups. Despite COVID, 2021 was a record-shattering year as female-only founded startups across the nation collected $5.6 billion, up an astounding $2 billion from the previous record set in 2019
If your business operates without a firm grasp on how it spends or has frustrating expense policies, tapping into spend management could help streamline your purchasing habits. Doing so will save time, money, and employee headaches.
While corporate cards are a big business these days, they remain a relative oddity in the greater credit card scene. Not as ubiquitous as personal or small business credit cards, corporate cards aren’t exactly easy to understand. For one, getting a corporate card isn’t as easy as filling out an online application. And properly managing a corporate card program isn’t something you can just set up and forget.
Ultimately, corporate card accountability can limit the chance of employees making fraudulent purchases. This can save you time and money by limiting needless audits. Additionally, employees may be more honest with their corporate card use if you communicate clearly that every purchase is documented by the company.
Merchant Maverick’s latest report contains a clear finding: customer-facing service jobs easily replaced by technology will disappear at a stunning rate. Seven job categories affected by technological advancements are estimated to drop nearly 20% on average by 2029. This means that roughly one out of every five employees who leaves one of these jobs over the next decade will not be replaced.
In this study, the “Best Tech Cities For Women In 2021″, we looked at 100 cities to analyze gender equality metrics on a city level as well as the overall economic viability of each city. Read on for a look at the 10 best (and worst) cities for women in tech.
Tech cities are the place to be if you want to earn big and keep more of what you earn, according to Merchant Maverick’s latest data report, “The 10 Best US Cities For Pay In 2021.” Our study ranked the 100 biggest US metro areas according to salary value, and the findings are clear: When it comes to high pay, tech cities come out on top, even accounting for the high cost of living in many places.
As Merchant Maverick’s latest report, the “Highest Paying Industries For Gig Economy Jobs In 2021” demonstrates clearly, most of the premium gig economy industries require a large initial outlay of resources, whether in the form of cash or time. Read on for a look at what it takes to break into and succeed at the best, most high-paying side hustles.
Catch up on the latest small business news, from a $50 billion government aid bill to how small businesses are making it through the pandemic.