Amazon may be the epitome of big business, but more than 60% of the behemoth's sales last year came from small- and medium-sized businesses. Small businesses rely on Amazon for its reach and breadth, while Amazon needs independent sellers to fill its site with products. But the relationship can be uneasy. Sellers have complained about rising costs
Open enrollment season can be a time of trepidation for the self-employed. The stakes are especially high because if you need to buy individual or family coverage, the next few weeks could be your only chance for 2024, barring certain exceptions such as moving to a different state, getting married, divorced or having a child.Â
Nick Martin, co-founder and CEO of Joe Coffee, is so concerned about the state of the economy that he's looking for ways his company can save money. One main area for cuts: software. Martin started the Seattle-based company with his brother, Brenden, to help local coffee shops better compete with Starbucks , by making it
Like many workers, saving for retirement wasn't a priority for Mark Zimmermann. The 72 year old thought he'd always run the family dairy farm in Wisconsin, but that didn't go as planned. "I struggled farming, I had too many disasters and was never able to put any money away," Zimmermann told CNBC, speaking from an
The $600 threshold will go into effect for tax year 2025, and taxpayers over the limit can expect to receive a 1099-K at the beginning of 2026. However, business payments have always been taxable and filers should still report 2023 income even if they don't receive a Form 1099-K. "We spent many months gathering feedback
Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok's latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low prices against ethical questions. The platform introduced TikTok Shop in the U.S. in September as an in-app shopping
With an economy posting significant GDP growth, a resilient labor market, and inflation and gas prices falling sharply across the nation, one of the early challenges for President Joe Biden's reelection campaign has been the disconnect between actual economic progress and the outlook of Americans. You can add America's small business owners on Main Streets
