Small Business Advocacy Blog

‘SBDC Day’ Celebration Set for March 16, 2022

By / Small Business Advocacy Blog /

SC SBDC March 14, 2022 ‘SBDC Day’ Celebration Set for March 16, 2022 South Carolina Governor Henry McMaster Issues Proclamation Recognizing the Day and the SC SBDC’s Contributions to a Robust South Carolina Economy Contact: Susan Sturgeon Marketing Manager SC Small Business Development Centers 803.576.8080 susan.sturgeon@moore.sc.edu South Carolina SBDC Network Headquarters (Columbia, SC) – In honor of […]

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Gas prices are hitting new highs. Here’s why — and how long the surge could last.

By / Economy, Press, Small Business Advocacy Blog /

The Washington Post March 9, 2022 Highlights: Before the coronavirus pandemic, gas prices were on the decline. After shutting down wells and laying off employees, De Haan said, oil companies have been slow to catch up to the rapid rise in gasoline demand. That caused prices to climb. Then, as Russia’s attack on Ukraine unfolded,

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SC Work Opportunity Tax Credit

By / Economy, Small Business, Small Business Advocacy Blog /

SC Department of Employment and Workforce The Work Opportunity Tax Credit (WOTC) program provides tax credits for businesses each time they hire a new, eligible employee. You can benefit from hiring within the following groups: Temporary Assistance for Needy Families (TANF) recipient Supplemental Nutrition Assistance Program (SNAP) recipients Empowerment Zone residents Marlboro County Rural Renewal

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SC businesses qualify for hundreds of thousands of federal stimulus

By / Small Business, Small Business Advocacy Blog /

You still have time to see if you qualify   Check out our 30-minute recorded webinar for information on the Employee Retention Tax Credit (ERTC), the less well-known federal stimulus program.   Even if you have only one employee, you can be eligible for the ERTC.   This might be the best 30-minutes you ever

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Big worries, small businesses

By / Small Business, Small Business Advocacy Blog /

  Columbia Regional Business Report February 28, 2022 Big worries, small businesses Inflation, supply chain woes contribute to owners’ ongoing concerns By Christina Lee Knauss Contributing Writer With inflation rising faster than it has since Ronald Reagan was president, small businesses are among those being hit hardest by rising prices. Economists and business leaders from

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Earned Income Tax Credits For Your Employees

By / Small Business, Small Business Advocacy Blog /

Earned Income Tax Credits For Your Employees Tax season is here and your employees may be qualified for the Earned Income Tax Credit (EITC). The EITC provides greater security for working Americans, especially for those with children –  providing families with a financial boost while growing the economy and reducing poverty rates. An estimated 20%

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Meet three young entrepreneurs taking care of business in the Midlands

By / Small Business, Small Business Advocacy Blog /

WLTX-TV February 24, 2022   Meet three young entrepreneurs taking care of Business in the Midlands By Whitney Sullivan COLUMBIA, S.C. — The United States is at a 40-year low in new business startups, according to the South Carolina Small Business Chamber of Commerce. It is one of the reasons the non-profit organization says the community

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America’s richest companies are using the pandemic as an excuse to jack up prices

By / Economy, Small Business Advocacy Blog /

Business Insider February 14, 2022 By Robert H. Lande Larry Summers, the former US Treasury secretary and longtime Democratic economic advisor, has been adamant that the anticompetitive behavior of America’s corporate cartels and monopolies is not a cause of the recent inflation surge. Last month, he even claimed that Federal Trade Commission Chair Lina Khan’s push to crack down

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