Monthly Archives: May 2021

4 tips for promoting your business online when you’re on a budget

Originally written by Anna Jordan on Small Business
Thousands of new businesses have launched over the course of the Covid-19 pandemic. Out of 1,000 micro businesses, one in five respondents have gone online for the first time, according to the latest research from GoDaddy. Among the most common issues for businesses is promoting themselves on a tight budget.
GoDaddy has partnered with Olympic gymnast turned entrepreneur, Beth Tweddle, along with Stuart Coupland, founder of Coupland Leather, for their second Back to Business Masterclass. The virtual masterclass, Promoting your business online for ‘next to nothing’, aims to help entrepreneurs to maximise the reach of their website and social media output.

Here are four tips to help you promote yourself online, as explained by Louis Brightman, customer care guide at GoDaddy.
Get your website fundamentals right
First of all, design a site that turns browsers into buyers. Go through the customer journey yourself to see if it makes sense.
According to Brightman, 95 per cent of people leave your website without buying or leaving their details – for most, it’s nearer to 99 per cent.
Is it clear that you’re better than the competition? Could you be putting more information on your blog or homepage? Do you have an

Read more...

Forward Advances wants to lend £250m to small businesses by 2023

Originally written by Timothy Adler on Small Business
Forward Advances, the merchant cash advance provider, wants to provide £250m worth of cash to small businesses in the e-commerce space by 2023.
The lender, which set up in April 2020, is one of a new wave of small business funders base lending decisions based how much you are selling each month. In recent months Clearbanc and eBay have both launched their own versions of what’s known as merchant cash advance in Britain, while PayPal has been offering it for some time.
By tying its technology to your bank data, accounting software or social media ad accounts, a lender has a real-time view of your monthly income. This means repayments fluctuate as a percentage of income, rather than being a fixed amount each month like a bank.
>See also: One third of small businesses turn to Bank of Mum and Dad
Although well-established in America and in Sweden, where the concept originated, merchant cash advances are still a relatively new concept in Britain.
Hasam Silva, managing director of Forward Advances, said: “In the US merchant cash advance or revenue-based financing is a well-understood product but, in the UK, less so. Half of all founders I spoke to last

Read more...

4 Stocks Benefiting from Strong Consumer Spending

Massive fiscal stimulus spending and an improving job market on the back of a national COVID-19 vaccination program have been driving growth in consumer spending in the U.S. And since retail sales are by far the main driver of the U.S. economy—accounting for about one-third of consumer spending—the retail sector is expected to grow significantly going forward on rising consumer spending. So, we think leading players in this space—Walmart (WMT), Target (TGT), Albertsons (ACI), and Macy’s (M)—are uniquely positioned to benefit, and as such are worth more than a second look by investors. Read on.

Read more...

The DeFi Industry Needs To Address Inflation Without Compromising Liquidity

Yield farming is an essential part of decentralized finance. Enthusiasts want to put their crypto assets to work to generate a passive revenue stream. However, the inflationary nature of yield farming may not be sustainable for much longer. Q1 2021 hedge fund letters, conferences and more The Current State of DeFi Yield Farming The main […]

Read more...