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What does the SBA's Made in America Manufacturing Initiative Mean for Local Businesses?

The Small Business Administration issued a statement on March 10, 2025 that will "will cut $100B in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom."

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The 900% Surge in Deepfake Online Videos

As Artificial intelligence advances, and one of its most concerning applications is deepfake technology. According to Cyber Defense Magazine, the number of deepfake videos online has surged at an alarming annual rate of 900%. Originally a novelty for entertainment, deepfake voices are now being weaponized for fraud. Criminals are using AI to replicate voices with stunning accuracy, allowing them to impersonate real people and deceive unsuspecting victims.

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TSMC's $100 Billion Expansion in Phoenix

Taiwan Semiconductor Manufacturing Company's (TSMC) announcement of an additional $100 billion investment in Phoenix, Arizona, marks a transformative moment for the region’s economy and the broader U.S. semiconductor industry according from Fox10. This substantial commitment is poised to generate significant economic activity, job creation, and technological advancement.

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The Costly Exit Mistake 76% of Business Owners Make — And How to Avoid It

Exiting a business is one of the most significant milestones in an entrepreneur’s journey, yet many owners reach this point unprepared, often paying a steep emotional and financial price. Research from the Exit Planning Institute reveals that 76% of business owners who sell their companies experience profound regret within 12 months of their exit. Even more concerning, between 70 to 80% of businesses listed for sale will never sell, according to Buy Then Build.  This underscores the importance of planning not only for the sale itself but also for the legacy, personal identity, and lifestyle changes that follow.

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Exit Strategy or Exit Regret? Why Planning Your Business Sale from Day One Drives Higher Valuations

Neglecting to design an exit strategy from the very start can jeopardize both your company’s long-term value and your financial future. According to a report from Cassandra Smalley Wealth Management, 76% of business owners who sold their business last year regretted not planning their exit earlier. This statistic highlights a crucial point: exit strategy development is not a reactive exercise but a proactive strategy essential for sustainable business success.

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Safeguarding Your Finances Against a $2.4 Billion ATM and POS Fraud

Protecting yourself from ATM and POS terminal skimming is more crucial now than ever. Criminals have found increasingly sophisticated ways to steal personal and financial information by installing covert devices at ATMs and point-of-sale terminals. These skimming devices capture sensitive card data that can later be used to create counterfeit cards or make unauthorized purchases. According to the FBI, skimming costs financial institutions and consumers more than $1 billion each year fbi.gov, and according to Coin Law, global ATM fraud has surged by 18% in 2023, with losses estimated at $2.4 billion.

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Why Mental Health is the Entrepreneur's Key to Sustainable Success

According to the National Institute of Mental Health (NIMH), 72% of entrepreneurs report experiencing mental health concerns, compared to 48% of non-entrepreneurs. Additionally, research published by Detroit Regional Chamber, startup business owners report the highest stress levels (72%) compared to owners who have been in business for more than 6 years (58%). Given these challenges, entrepreneurs should take into consideration to prioritize mental health not only for personal well-being but also for long-term business success.

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Navigating Gender Bias and Racial Inequity in Entrepreneurship

One of the most glaring manifestations of this double bind is the disparity in funding. According to New Jersey Business Magazine, women of color receive less than 0.2% of venture capital funding, highlighting systemic exclusion. Investors often subject them to heightened scrutiny, questioning their competence and vision while favoring their male counterparts. Studies show that identical business plans are rated lower when attributed to women, particularly women of color unless framed as "innovative." This forces women to overcompensate by emphasizing novelty, a strategy that can be effective but ultimately perpetuates inequity. As reported by the Columbus Dispatch, black women, despite founding 42% of new women-owned businesses, face loan denial rates three times higher than those of white-owned firms.

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Personal Development can be the Key to Entrepreneurial Success

Many entrepreneurs feel that their businesses can only flourish if they do. While many business owners focus on external strategies like marketing, operations, and sales, those who prioritize self-improvement often achieve greater long-term success. According to Brimco, 88% of organizations believe that leadership has a significant impact on business results.

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Protecting Yourself from Charity Scams and Ensuring Your Donations Make a Difference

Charity scams exploit the goodwill of individuals by posing as legitimate organizations or causes to misappropriate donations for fraudulent purposes. According to the Federal Trade Commission, Americans reported losing over $300 million to charity scams in 2023 alone, a substantial portion of which involved fraudulent charitable appeals​. These scams often arise after natural disasters, global pandemics, or other crises, preying on donors’ emotions and urgency to act. Unfortunately, this fraudulent activity not only impacts victims financially but also erodes trust in legitimate charities, undermining their ability to assist those in need.

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