Category: Covid-19

Small-Business Ideas for a Post-Pandemic World

No one can predict the future, but experts with instincts and experience can make very educated guesses on which business models are most likely to thrive in the post-COVID-19 world. GOBankingRates talked to a few professionals from a variety of backgrounds who did just that. The following is a glance at three industries and niches

Read More »

SBA quadruples COVID-19 EIDL limit to $2 million

The U.S. Small Business Administration (SBA) announced major modifications to the COVID-19 Economic Injury Disaster Loans (EIDL) program, including raising the loan cap from $500,000 to $2 million and adding business debt payments to the list of ways businesses can use the loan proceeds. In a news release issued late Thursday afternoon, the SBA said

Read More »

Vaccine Passports – Should Your Small Business Require Them?

There’s a growing debate over the need for vaccine passports. Nationwide, governors are calling on state employees to get vaccinated against COVID-19 or face weekly testing in order to work. But in New York City, Mayor Bill deBlasio has mandated that all businesses there only allow customers that can prove they’ve been vaccinated. Some believe

Read More »

With PPP Closed, Small Businesses Have These Funding Options

As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing or looking for new options after an unsatisfactory

Read More »

The small business boom

One of the most unexpected pandemic winners might just turn out to be new small businesses. Why it matters: The number of entrepreneurs starting a business easily hit a record high in 2020, according to a new analysis by University of Maryland economist John Haltiwanger. That’s a surprising result, given the severity of the crisis. The big picture: It’s

Read More »

Pandemic drove small businesses online — and they’re staying

When the pandemic forced cities to shut down, millions of businesses moved their operations online — a shift that is having lasting impacts on hiring, real estate and the way we buy goods and services. Why it matters: Small businesses are the engines of the economy. While many did not survive the last 15 months,

Read More »