Notes by Novo

Notes by Novo

Survey: 500+ Small Business Owners Share Loan Insights

To get a better sense of small business owners’ experiences with loans, as well as their ideal loan size and intended uses, Novo surveyed 547 small business owners. Here are the results.
Notes by Novo

Why Bank of America is in Trouble, and Why It Matters for Small Businesses

Hidden fees, missed rewards, and surprise debits aren’t just inconvenient for small businesses, they can make or break them.
Notes by Novo

Report: Small Businesses Choose Tax Software Over CPAs in 2022 Tax Season

With the 2022 tax season finally behind us, the Novo team set out to answer the question: How are small business owners filing these days? See our findings.
Notes by Novo

Q1 2023: Big Banks Make Big Small Business Profits

Our team at Novo is back with our second installment of our quarterly series, “Big Banks Make Big Small Business Profits.” We analyzed Q1 2023 earnings from Bank of America, JP Morgan Chase, and Wells Fargo to see just how much money they’re making from small businesses.
Notes by Novo

What’s Happening to Silicon Valley Bank?

What's happening with Silicon Valley Bank, and what does it mean for their customers?
Notes by Novo

Small Retailers and E-Commerce Sellers See Strong Year-Over-Year Growth in Deposits

As the dust settles from the 2022 holiday shopping season, Novo set out to answer the question: What was the holiday shopping season like for small business retailers?
Notes by Novo

Big Banks Make Big Profits On the Backs of Small Business Owners

To better understand how big banks treat their small business customers, Novo analyzed the Q4 2022 earnings calls from JP Morgan Chase, Bank of America, and Wells Fargo. Read the takeaways.
Notes by Novo

Our CEO Michael Rangel Interviews Kristelle Boulos

Originally published in Refresh Miami, our co-founder and CEO interviewed one of our own Novo users. Here are her five tips from one business owner to another.

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