Small-Business Grants You Can Apply for in August 2024
By Andy Medici, The Playbook, The Business Journals
Small-business owners are increasingly confident about the economy despite staffing and interest-rate concerns.
New research from financial, insurance and advisory services firm CBIZ Inc. found that business owners have gotten used to higher but relatively stable interest rates over the last 18 months.
“The stabilization of interest rates and a strong stock market are contributing to the elevated business confidence,” said Anna Rathbun, chief investment officer of CBIZ Investment Advisory Services, in a statement with the CBIZ survey results. “Steady rates allow business owners to plan more effectively without the disruption of continual rate hikes, and a robust stock market tends to bolster the confidence of business owners who have investments or brokerage accounts.”
Small-business owners do have concerns, though. Chief among them, according to the CBIZ findings, is having an adequate number of skilled workers. That’s followed by concerns over the affordability of health-care benefits, interest rates and cybersecurity threats.
Half of the business owners surveyed said they’ve tweaked the size of their workforce or tackled their fixed costs to help address economic uncertainties.
For owners who are looking for some more capital or training to assist them and their teams, here’s a roundup of some grant opportunities available for August.
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