The COVID-19 crisis has had a widescale effect on the global healthcare system, but the effects are much further reaching than that. For the time being, much of our lives have been put on hold, which has wreaked havoc on the economy. The financial effect […]
As revenue sources slow or stop due to the COVID-19 pandemic, entrepreneurs across the country are acting fast to keep their small businesses afloat. The CARES Act set aside $377 billion for small business relief through programs like the Payment Protection Program (PPP) and the […]
The COVID-19 pandemic is unprecedented for us in the United States and presents unique challenges that the country has never faced. Those challenges extend to how we conduct business, leaving many companies worrying about keeping their business afloat — and how to respond to the […]
While we take action through social distancing to protect ourselves, our employees and our communities against the spread of the coronavirus, there are less-than-scrupulous people out there taking advantage of our anxieties. The Better Business Bureau has reported an increase in scams involving small business […]
It’s easy to get overwhelmed by an ever-expanding to-do list — there’s never enough time in the day to accomplish everything you need to do as an entrepreneur. No matter if you have two employees or 100, you might be responsible for the equivalent of […]
Small business inventory management isn’t always easy, even under perfect circumstances. When you include variables like economic unpredictability and low sales, shifting demands or supply shortages, things become much more complicated. Although you’d like to keep all your shelves stocked, it’s not always practical or […]
The COVID-19 crisis has changed life in every conceivable way for the near future — across the country and world, billions of people now know life as pre- and post-COVID-19. With the constant flood of negative news, how can you keep your head up? And, […]
During challenging and uncertain financial times, individuals should hope for the best and prepare for the worst. So while we can (and should!) remain optimistic that our current economic downturn will reverse itself, it’s also wise to make sure to ready your finances for a […]
Businesses across the globe have been struggling to find their new normal during the coronavirus outbreak. For more than half of U.S. small business owners, the new normal won’t exist by Q3. In a recent survey conducted by Goldman Sachs, the economic strain caused by […]
Small businesses make up many of the entities that have been most impacted by COVID-19. A recent study found that 76% of small businesses have been negatively impacted by the outbreak of the pandemic (and the subsequent economic fallout).1 If you’re the owner of one […]