5 Things To Know About Small Business This Week: May 17

NEW YORK ( TheStreet) - Mobile cash registers, a sobering view of small business, Kabbage financing and more fun website from GoDaddy lead our list of small business happenings this week.

1. Is it the death of the cash register? PayPal announces "Cash for Registers." Starting next month, eBay's ( EBAY) PayPal will start a new program called "Cash for Registers."

The program will offer free credit, debit card, check and PayPal processing for the remainder of the year to "qualifying" U.S small businesses that essentially "turn in their cash registers" in favor of mobile solutions like PayPal Here, which includes an Apple ( AAPL) iPad, card reader, iPad stand, cash drawer, and printer.

2. Small-business optimism improves in April. After the disappointing drop in March, small-business confidence improved in April but at least one trade association isn't convinced of a steady improvement.

According to the National Federation of Independent Business' Index of Small Business Optimism, the monthly index rose 2.6 points to 92.1, just above the recovery average of 90.7.

While four of the 12 components had better numbers for April including - improved plans for hiring, inventory increases, general economic improvement and the expectation of higher real sales -- most of the group's criteria were unchanged from the month before while two components fell.

"The sub-par recovery persists for the small business sector," said NFIB chief economist Bill Dunkelberg. "Economic performance is contradictory -- corporate profits are at record levels and the stock market hits new highs, yet GDP growth for the past six months has averaged about 1.5% and the unemployment rate is 7.5%. Nothing in the NFIB data suggests that the small business half of the economy is expanding other than by an amount driven by population growth and associated new business starts now in excess of terminations."

3. Kabbage expands small-business financing offering by partnering with Intuit. Small-business financing outfit Kabbage, which made its mark by focusing exclusively on funding small e-commerce merchants that sell through Amazon ( AMZN), eBay ( EBAY), Yahoo! ( YHOO) and Etsy, among others, is expanding its reach to fund both online and offline small businesses.

The company announced a partnership with Intuit to use QuickBooks data to approve and extend funding, it said Tuesday.

It is a significant expansion for the two-year-old Atlanta start-up which has offered about $85 million in short-term financing through more than 70,000 advances to e-commerce businesses since its launch in August 2011. In 2013, it plans to make over 100,000 advances.

4. Restaurants tapping into the all-day breakfast opportunity. Restaurants including McDonald's ( MCD), Yum! Brands ( YUM), Taco Bell and even Pinkberry are considering ways to tap into the $50 billion breakfast opportunity, according to Advertising Age .

Industry-wide it's one of the few areas of growth over the past decade, given "consumer trends in food, including the desire for speed, convenience, portability and more-healthful, fresher options," the article says.

5. GoDaddy launches restaurant-specific Web site designs. Expanding its resources for its small-business customers, domain services provider GoDaddy is partnering with Locu to give independent restaurants tools to manage their online presence, GoDaddy said on Friday.

Locu specializes in easy menu-management and has hundreds of thousands of menus from all over the U.S. pre-loaded into their database, waiting for a restaurant to claim them. Once claimed, a restaurant can set prices, change descriptions and add photos of their meals.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com.

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