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On Friday, Silicon Valley Bank, a prominent lender in the technology world, became the largest bank to fail since the 2008 financial crisis. The bank provided services to nearly half of the country's venture capital-backed technology and life-science companies and over 2,500 venture capital firms. The bank's failure was attributed to a combination of dwindling start-up funding and significant uninsured depositors who withdrew their money at the first sign of turbulence.

As we head into 2023, it's important for investors and business leaders to understand which sectors are attracting the most investment from lenders. In this article, WealthStock Founder & CEO Andrew Glaze, a 20-year public markets investment veteran, shares his insights on which sectors are most attractive to capital allocators and why.

Even before the Great Resignation of 2021, about 3 to 4.5 million people were quitting their job a month in the United States. That might not sound like a lot in a country of over 330 million people, but when you’re a small business owner, those stats can sting.

The small business economy is set to soar in 2022. This welcome news comes on the heels of nearly two full years of lockdowns, downturns, and disappointments not only for American workers but for the owners of the small businesses that employ them.

In a recent Deloitte survey, 47% of global respondents believed that their employers were making a significant investment in their professional development. However, only 34% were happy with their organization’s investment in improving their skills and performance. 

What’s the number one reason why startups fail? They run out of cash or fail to raise the money they need to scale. It’s that simple. Great ideas are, well, great, but it’s hard to take a great idea to the market without a bit of money to back it up.

Why is it so hard to find cash when you know your idea is out of this world? It just is, and you’re not alone. Most small businesses struggle to access the funding and capital they need to scale and succeed. In fact, just during the pandemic, about 4 in 10 small business owners haven’t obtained any capital in the form of loans or lines or credit.

Did you know that approximately 49% of workers in the United States would start a new job search after only two issues with their paycheck? As a small business owner, you just can’t afford those kinds of losses. It’s part of why payroll accounting is such an important aspect of owning a small business.

Have you ever heard the statistic that 90% of businesses fail by year five? Pretty daunting, isn’t it? As if you needed another reason to doubt yourself or your progress as a small business owner. While it’s not as bad as 90%, the true failure rate of small businesses is about 50% by the fifth year of operation.

Small business owners in New York, listen up! Did you know that if you have at least 10 employees and meet a couple of other basic requirements, you’re required by state law to offer retirement options to your employees? Yes, even part-time employees count towards that 10 employee limit!