Each week, Nav brings you relevant small business news from across the web that we hope you find interesting!
New and Noteworthy
Rethinking Red Tape is a recently-launched coalition of the SBE Council, the National Association of Manufacturers, the International Franchise Association and Women Impacting Public Policy.
Many small business owners cite regulation as the biggest hurdle they face. “This is a project designed to bring the regulatory issue to life for lawmakers in Washington and provide momentum for regulatory reform. Coming at the issue with a distinct small business perspective, we are making the case for a simpler, fairer and more accountable regulatory process. And we’re also making it possible for small businesses and the people who support and depend on them to be part of constructive solutions,” says Karen Kerrigan of the Small Business & Entrepreneurship Council. Visit the Rethinking Red Tape website to get involved.
Is Lending Club an Isolated Case or a Sign of a Much Bigger Problem?
The alternative lending industry has seen a wave of skepticism over the past week after Lending Club’s CEO was forced to step down after the discovery of irregularities in a batch of loans sold to an investor. But Lending Club, despite its position as one of the largest alternative lenders in the space, is just one thread in the blanket that covers the gap between traditional financing and risky borrowers, and alternative lending is not the only industry facing questions like these.
Read a thoughtful take on the situation above from Nav’s co-founder Caton Hanson here, and share with us your thoughts on the matter in the comments below.
Health Benefits Strategy For Small Businesses: Should You Keep The Benefit And How To Buy It?
Author Todd Hixon suggests that “the key challenge for small business is finding a way to buy well, or, put another way, finding way to have clout.” The two strategies he suggests for small businesses looking to buy health insurance for employees are: (1) work with a health insurance company that has a strong local presence that can offer a good deal, or (2) look toward the government as a source of healthcare.
Tweets
Steve Strauss is a small business expert, author, and host of a small business podcast featuring successful entrepreneurs. Here are two great tweets that came out of Steve Strauss’s latest Tweetchat this past week.
Business
Roam is a new startup that allows entrepreneurs to live and work wherever they please, allowing “roamies” to live and work in any location within the Roam network. Roamies can bounce around from location to location, staying for as long as they’d like — as long as they continue to pay the $500 weekly (or $1,800 monthly) fee, for which they “get their own room with queen or king size bed and private bathroom. They share the common kitchen, living space, and in some cases, pool. Utilities, co-working space, and ‘battle-tested’ Wi-Fi are included.”
Check out more about Roam here.
This article was originally written on May 13, 2016 and updated on January 27, 2021.
Have at it! We'd love to hear from you and encourage a lively discussion among our users. Please help us keep our site clean and protect yourself. Refrain from posting overtly promotional content, and avoid disclosing personal information such as bank account or phone numbers.
Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.