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No Card, No Sale. What a Credit Card Cap Would Mean for Small Firms
If you follow financial news, you’ll know about the proposed 10% cap on credit card interest rates. This is a dramatic cut from the current average interest rate of around 22–24% , and has drawn considerable pushback . This proposal isn't new. In 1991, a Senate amendment capping rates at 14% passed but was stripped from the bill following banking industry opposition. In 2019, Senator Bernie Sanders advocated for a 15% cap alongside Representative Alexandria Ocasio-Cortez ,
Tracy Cole
Mar 24


Choosing under constraint: How do owners choose a POS system?
Small firm owners make many consequential decisions every day. Some are clearly strategic, such as when to hire workers, whether to expand their operations, or how to finance that growth. Others are more routine, but no less important, for example which accounting software to use, how frequently to run payroll, or which technologies to adopt. Although making the wrong choice can have lasting impact, these decisions are often made while owners are juggling the day-to-day press
Tracy Cole and Nylah Martinez
Mar 9


Beyond the Headlines: What Firm-Level Data Reveals About How Small Firms Manage Ongoing Challenges
Here on the blog, we often talk about the plethora of data available on small firms and why some are useful, and others are not. But the common thread of all of our posts is that small firm data is omnipresent.
Tracy Cole and Nylah Martinez
Feb 11


Join us for Small Firm Diaries USA early findings events in 6 US cities
We're pleased to announce six upcoming early findings events, where we'll share an inside look into initial findings from the Small Firm Diaries USA study, and invite discussion about implications for policy, practice, and efforts to better support small firms and workers in the United States.
Laura Freschi
Feb 4
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