The second quarter of 2020 began with government-mandated shutdowns, disruption, and uncertainty, as small businesses faced new restrictions to prevent the spread of Covid-19. Business buyers paused their search, deals were postponed, and transactions dropped 39 percent, according to BizBuySell’s Insight Report on the small-business market. By the end of the quarter, the dust had…
Instagram Reels, a new way to create and share 15-second TikTok-like videos, is officially launching in the US. Reels shares many of the same features as TikTok, which is why it’s poised to offer strong competition to what is currently the fastest growing social media app. With Instagram Reels users can: Create and share 15-second…
“I want to come back to work, but I won’t wear a mask.” Some of you may have heard this from your employees. Your gut reaction may be, “Well, then, you’re fired,” but you can’t do that immediately. If an employee makes such a statement, you first need to ask why. Here’s what you need…
The clock is ticking for Bonnie Morales and the acclaimed restaurant she opened a few years ago in Portland, Oregon: She’s among thousands of U.S. small-business owners who are considering layoffs in coming months as they plow through government aid. One-fifth of small companies are planning to dismiss workers or have already done so after…
A months-old bipartisan proposal for small business relief that is even broader than the Paycheck Protection Program seems to be gaining traction, and it could be a major part of the next stimulus package. Here’s what you need to know about it. The RESTART Act was proposed back in May by Sens. Todd Young (R-Ind.)…