Category: Small Business News
Small Business News
Small Business News
Are Small Businesses Financially Ready to Reopen?
Following weeks of mandatory shelter-in-place orders that forced the closure of many "non-essential" businesses across the country, phased reopenings have begun in several states and cities. That may sound like great news for small business owners who have been unable to operate for months. However, the financial realities of reopening may complicate the decision whether or not to resume businesses. According to a recent survey conducted by LendingTree, 60% of...
Small Business News
Survey Finds Two-Thirds of Teens Interested in Entrepreneurship
Could the coronavirus pandemic and the economic hardships that have come with it serve to discourage future business owners? According to a recent survey conducted by Junior Achievement USA and the Brian Hamilton Foundation, maybe not. The latest survey sought to discover what students aged 13 to 17 thought about entrepreneurship. What it found was that 66% of respondents said they were "likely" to consider starting a small business when they...
Small Business News
SBA Unveils PPP Loan Forgiveness Application for Borrowers
Ever since the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed in March of this year, the Paycheck Protection Program (PPP) has proven to be a source of both hope and frustration for small business owners. Despite some lenders reportedly delaying the opening of their application processes due to late-arriving guidance, the initial $349 billion in PPP funding was tapped in less than two weeks. Making matters...
Small Business News
Instagram Adds New Feature to Support Small Businesses
With social media becoming an even larger source of communication amid the current pandemic, one top app is continuing to introduce new ways for small businesses to reach their customers — and vice versa. As Adweek reports, Instagram recently announced a new feature that will allow customers to highlight their local small businesses. With the aptly named Support Small Business sticker, users will be able to share Stories about their...
Small Business News
Survey Reveals What Consumers Look for in a "Go-To" Small Business
With some cities and states beginning to ease restrictions on non-essential businesses, service providers are now hoping that their regulars will soon return. Of course, this begs the question: how do consumers decide which small businesses should become their "go-tos" in the first place? That's what a recent survey by DaySmart Software aimed to find out. For their survey, DaySmart spoke with 2,000 consumers who had visited service-based small businesses...
Small Business News
Goldman Sachs Survey Shows COVID-19's Impact on Small Businesses
Even as some areas of United States are looking for ways to begin reopening businesses amid the coronavirus pandemic, many American small businesses are still struggling and are uncertain of what's ahead. Now the situation has been quantified in a new survey from Goldman Sachs that highlights some of the issues that small businesses are currently facing. The survey spoke with 1,790 small business owners that are part of Goldman...
Small Business News
