The City of Lima and the One Million Cup Lima initiative have joined together to assist small business owners and those looking to start a business. "Acquire," where opportunities meet, is a new networking series that will bring like-minded entrepreneurs together to connect and hear from other professionals about timely topics. The city's Department of Workforce and Small Business Development, along with the One Million Cups program, hopes that local business leaders will attend to "Acquire" information for success.

The holidays are over, and now it is time for the "Santa Shock," when you get the bills for all of your purchases. According to a study conducted by Lending Tree, consumers, on average, incurred a holiday debt of nearly $1,200. The Ohio Division of Financial Institutions tips to reduce your large bill are negotiating a lower interest rate, creating a debt payoff plan, or reducing your spending for normal monthly expenses. Experts say you don't want this year's holiday debt to spread to next year.

The State of Ohio is making some changes to the Homestead Exemption Tax that will benefit many Ohioans. The Allen County auditor released that new income thresholds have been established for seniors 65 years of age or older, disabled veterans, and spouses of first responders killed in the line of duty. The amounts adjust with inflation annually, and properties have a new market value because of the new triennial.

Ohio raises their minimum wage based on the increase in the rate of inflation.