So far, in the scramble to disperse SBA relief loans, big banks have passed over the most vulnerable businesses in favor of bigger “small” businesses. But Congress’s latest stimulus package gives $60 billion in PPP to key community lenders.
Monthly Archives: April 2020
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45 Ways to Master Slack While You're Working From Home
by Jessica Thomas • • 0 Comments
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Don’t count on small business customers returning post lockdown
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Many Britons say they will feel uncomfortable going to newly reopened small business once lockdown is lifted.
Gyms, pubs and bars and beauty salons can expect customers to keep staying away, with over 60 per cent of customers saying they would still avoid them.
There is better news for garden centres with 70 per cent of Britons saying they would be happy to return once they are reopened, according to a YouGov survey for BBC Newsnight.
>See also: Half a million small businesses in financial distress
Clothing stores and hairdressers will also bounce back fairly strongly, with 48 per cent of people saying they would feel comfortable returning.
Public anxiety about going back into gyms, bars and restaurants will deflate small business owners hoping that the easing of lockdown restrictions will help kickstart the economy.
How comfortable would you feel visiting these businesses post-lockdown?
Comfortable (%)Uncomfortable (%)Don’t know (%)
Garden centres70256
Hairdressers/barbers48466
Clothing stores48466
Restaurants 37576
Coffee shops36586
Pubs and bars32635
Beauty and nail salons32608
Gyms30627
Source: YouGov
“For some businesses, particularly those which involve closer contact, or those whose clientele lean towards women or the old, simply reopening the doors again may not be enough to see customers flood back,” said Chris Curtis, political research manager at YouGov.
Women stay
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3 Ways to Work-at-Home Doing Internet Research
by Holly Reisem Hanna • • 0 Comments
Today we’re answering a question from a reader. So, if you’ve been interested in internet research jobs, keep reading. Hi Holly, I found your advice in the Woman’s World Magazine and have been searching all through the Pinterest for work from home jobs. There are so many to go through, and some want money, and others I […]
The post 3 Ways to Work-at-Home Doing Internet Research appeared first on The Work at Home Woman | Legit Work From Home Jobs.
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Make Social Distancing Productive with This Deal on Rosetta Stone and More
by Entrepreneur Store • • 0 Comments
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This Box of Growth Hacking Tips Might be the Daily Dose of Inspiration You Need
by Entrepreneur Store • • 0 Comments
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Six Ways to Get That Big Meeting
by Entrepreneur Staff • • 0 Comments
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Companies need to evolve to survive
by Adrian Overall • • 0 Comments
Originally written by Adrian Overall on Small Business
We find ourselves in uncertain times. Leading a start-up business, I find this situation particularly uncomfortable, and something I want to reflect on in this narrative. Throughout the time that my team and I have been working outside of the corporate landscape, we have always stood by the mantra that “comfortable = extinct”. Therefore companies need to evolve, and vendors need to innovate. You cannot stay still in business and you must take chances. I don’t know who first coined this term, but I do know that many of you reading this will know what I mean.
We are a self-funded business with our savings and family contingencies invested in the unknown and placed high up on the risk curve. The current crisis only serves to bring that risk into laser focus. That said we know that the position we are in is nothing compared to those key workers that are putting the health of themselves and their families at risk, by turning up every day to support those people that are helpless, to help themselves.
Why companies need to evolve
We have a choice to do the same, but the majority of those on the
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Free Webinar | April 23: Understanding the Small Business Relief Package
by Entrepreneur Insider • • 0 Comments
Congress just passed a roughly $480 billion relief package, including over $300 billion in the Paycheck Protection Program.