Jill On Money: How to Start a Small Business
Powell said weak hiring and fewer quits are pushing some workers toward gig work and small-business launches as net job creation stalls.
- Fed chair Jerome Powell described the labor market as "stuck in neutral" at his final press conference, noting that companies are not adding positions and fewer people are quitting.
- Nervous about current employment, workers are increasingly turning to gig work or launching businesses to survive, marking a broader entrepreneurial trend as individuals seek stability outside traditional, full-time roles.
- CBS News business analyst Jill Schlesinger advises aspiring entrepreneurs to carefully evaluate business structures like limited liability companies , as the chosen entity significantly impacts tax obligations and personal liability.
- New business owners must account for self-employment taxes toward Medicare and Social Security since they lose employer benefits, and failing to register correctly can expose personal assets to business debts.
- Schlesinger identifies this period as the "Great Money Reset," where individuals rethink financial strategies; while launching a business offers autonomy, entrepreneurs must ensure they remain financially viable before assuming risks.
17 Articles
17 Articles
Helena Independent Record
Jill On Money: How to start a small business
At his final press conference as Fed chair, Jerome Powell said that the labor market was essentially stuck in neutral. “There’s effectively no new net job creation” because companies aren’t adding a lot of new positions and fewer people are…
Business Rules for Budding Entrepreneurs
When you first get started in the world of business, the lessons will start to come thick and fast. However, if you can take the time to learn some crucial information before getting started, you help to give yourself that all-important head-start. And while there are countless lessons out there that we could choose to […] The post Business Rules for Budding Entrepreneurs appeared first on Alain Guillot.
How Small Businesses Are Using Financing to Close Bigger Deals
Watch more: Live Roundtable With Synchrony, Home Zone Furniture, Eagle Pipe & Mechanical Here’s a truth every small business owner has felt in the pit of their stomach. The sale doesn’t die at checkout. It dies three minutes earlier, when the customer sees the price and goes quiet. That silence is sticker shock, and it’s been killing deals in home improvement, furniture and repair services for years. But a growing number of small busin…
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