Category: Covid-19

How to Fund Your Business with Government Grants

Funding isn’t a one-size-fits-all process. Traditional routes for raising money — venture capitalists, angel investors or crowdfunding — aren’t the only options, and for many entrepreneurs, they may be the wrong options. Often, founders forget that there is potential funding support right under their nose; funding that you don’t have to pay back or sacrifice

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The Future Of Events Is Hybrid

The event industry has been turned upside down by the global pandemic. Some in the industry have completely folded, while others have been forced to pivot to virtual offerings. While switching up your entire event model is never an easy decision, the cost of waiting (or, in other words, doing nothing) is much greater. This

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What Happens After Your Economic Injury Disaster Loan is Approved?

As of mid-October 2020, the U.S. Small Business Administration (SBA) has approved 3,612,236 Economic Injury Disaster Loans (EIDL) totaling $191,994,805,796. Those numbers likely will rise as the application deadline for EIDL loans is not until December. If you’ve already applied, there is no need to reapply as applications are processed on a first-come, first-serve basis.

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For Small-Business Owners, a Shifting Landscape of Resources

Small businesses across the country have been pounded by the pandemic. Entrepreneurs have been forced to make drastic cuts and pivot to new business models to keep going. Financial aid, though, is what has kept the lights on. But today, many sources, including private foundations and the federal government, that once offered loans and grants

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COVID-19 hits female-owned retail, restaurants harder

When the coronavirus pandemic hit in March, Lenore Estrada was in the middle of constructing a new kitchen for her bakery, buoyed by demand from Google and Lyft, which served her desserts in their cafeterias. But when she learned her clients were shuttering their offices – and cutting their food orders – she quickly made

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Action steps for small businesses that survived the pandemic

Covid-19 has disrupted tax and retirement planning for small-business owners, especially those who focused on saving their businesses from the pandemic’s fallout earlier this year. With some hard work, however, there is still time to get back on track by Dec. 31. Here’s a great example. After his business tanked this spring, one of my

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These small businesses might not make it without more stimulus

The now rapid spread of coronavirus across the United States and the threat of more shutdowns is leaving small businesses on edge. With no assurance that Congress will provide more stimulus soon, many business owners wonder how much longer they can hang on.Melanie Lichtfeld is the fourth-generation owner of Lichtfeld Plumbing, a family-run plumbing service

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Small business owners uncertain of survival without new stimulus

The positive news about a possible coronavirus vaccine could prove to be a negative for many struggling small business owners, as economists worry that it could reduce the urgency for Congress to pass a new fiscal relief package. Why it matters: A new survey from Goldman Sachs through its 10,000 Small Businesses program provided first

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They Pumped $9 Billion Into Small Businesses. They Want to Do More

States, cities, and community groups scrambled to launch loan and grant programs for struggling local businesses after the coronavirus pandemic upended life across the U.S. The programs were meant to complement, not be a substitute for, massive federal initiatives including the Paycheck Protection Program, which ran from April through early August. But the local efforts

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Changes To Customer Behavior That Brands Need To Pay Attention To As We Approach The Holiday Season

Back in April, I wrote an article that gathered results from several research sources and attempted to describe how the coronavirus pandemic was changing customer behavior. That article suggested that: Customers are watching brands. More customers are responding to marketing emails more than sales emails. Customers are flocking online. Customers want to shop local but are conflicted.

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The Consulting Industry’s Dirty Little Secret

It has long been said that doctors make the worst patients; they know too much; they self-diagnose; they are impatient; they self-prescribe; they don’t heed their own advice; they don’t listen…. Turns out, consultants are the doctors of business. We go to see doctors when something is ailing us, and we need an expert to

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