This CEO wants small business owners to ditch the receipt shoebox

To Xero CEO Sukhinder Singh Cassidy, small business owners are among the biggest hustlers in the world — who also happens to be incredibly paranoid about anything going wrong. They have good reasons to be. The margins in a gas station, convenience store, or — in the case of Singh Cassidy’s parents — a medical practice aren’t always high. Recruitment is always a struggle. And when sales are down, many small business owners can’t turn to venture capital or a well-timed merger to bail them out of trouble. “They live and die by cash,” Singh Cassidy explains. As such, he […]

Will reduced Mastercard, Visa credit card fees help NS small business?

Small business owners in Nova Scotia are voicing mixed reactions to the federal government’s announcements last week that has been negotiated lower interchange fees which businesses have to pay each time a customer using a Visa and Mastercard credit card. Beginning in the fall of 2024, in-store credit card interchange fees will be reduced from an average of 1.4 per cent to 0.95 per cent, for businesses with less than $300,000 and $175,000 in annual Visa and Mastercard sales respectively. Shop owners across the country have complained for years that high credit card fees have hurt them. Research by the […]

Texas Governor honors Vicksburg native as Small Business Person of the Year – The Vicksburg Post

Texas Governor honors Vicksburg native as Small Business Person of the Year Published 2:32 pm Wednesday, January 25, 2023 Texas Gov. Greg Abbott, center, presents Vicksburg native Tim Porter with the National Small Business Person of the Year Award. (Photo Submitted) Vicksburg native Tim Porter, now a resident of San Antonio, Texas, was presented the National Small Business Person of the Year Award by Texas Gov. Greg Abbott this past October. Porter is the founder and CEO of Appdiction Studios, LLC, a business that develops apps, including one for students to report acts of aggression. He was also presented with […]