A strong business credit report is important to running a successful business. Traditional and even some non-traditional lenders use business credit reporting agencies such as FICO Small Business Scoring Service to determine a firm’s creditworthiness when evaluating an application for a loan. Yet because many woman and minority-owned businesses have limited access to credit, they […]
Month: September 2019
Manhattan Labor Broker Indicted for Workers Comp Fraud
On Sept. 5, 2019, Manhattan District Attorney Cyrus R. Vance announced the indictment of an unlicensed labor broker, Alvador Almonte Jr., and his insurance broker for conspiring to avoid nearly $1 million in worker’s compensation insurance premiums. Almonte and his broker, Steven Asvazadourian, were charged in a seven-count indictment that included Insurance Fraud in the […]
The Top Three States for Female Entrepreneurs in 2019
Each year, Fit Small Business names the top U.S. states for female entrepreneurs, using criteria such as how business-friendly the states are and the number of female-owned start-ups already operating there. Historically, coastal states like California and New York have dominated the list. But with so many start-ups gravitating towards the coast, middle America and […]
The Deadliest Jobs in the US
Despite advances in workplace safety and the best efforts of employers, on-the-job accidents happen all too frequently in the United States. According to data from the U.S. Bureau of Labor Statistics, there were 2.8 million non-fatal workplace injuries reported in 2017, which translates to 2.8 cases per 100 private-industry FTEs. There were 5, 147 fatal […]
MBDA Announces National Award Winners in Advance of MED Week
The Minority Business Development Agency (MBDA) just announced the winners of its prestigious Minority Enterprise Awards. The awardees will be formally recognized at a ceremony held at the Washington D.C. Intercontinental Hotel on Monday, Sept. 9, 2019. The awards ceremony will be the kick-off event for Minority Enterprise Week, which runs from September 8 through […]
Changes to Texas Workers’ Comp Go Into Effect Soon
The state of Texas is about to usher in some significant changes to its workers’ compensation laws. The statutes significantly impact first responders, including firefighters and peace officers, who will have broader protections under the new rules. Other changes include expansion of the role of advanced practice nurses and clarification of the rules around injured […]