As part of the national effort to combat the devastating economic effects of the COVID-19 pandemic, the CARES Act was signed into law on March 26, 2020. The Act authorized the creation of the $349 billion Paycheck Protection Program (PPP), a loan program meant to provide loans to businesses impacted by the pandemic. Sadly, this program has been beset with problems from the start. Small businesses seeking relief have had to deal with a confusing application process, banks that have been unwilling to accept loan applications from “new” customers, delays in the disbursal of loan funds, and a creaky SBA computer system. If you find yourself in the unfortunate position of waiting to learn about the status of your PPP loan application, here’s what you can do.
Since its 2009 launch, Kickstarter has helped more than 180,000 campaigns collectively raise over $4.8 billion in business funding. Kickstarter has been key in assisting businesses to raise money and gain media traction, but if you want to use Kickstarter for business purposes, it helps to have a plan, and we have some crowdfunding tips for you to keep in mind.
Even if you have a solid idea for a podcast and begin to build an audience, monetizing a podcast can prove difficult. Monetizing a podcast to the point where you stand to earn a life-sustaining amount of money is even more difficult. That’s why we’re posting this guide detailing how a podcast can make money and the steps you can take to building a podcast that earns you serious revenue.
Business owners looking for funding sources are likely to converge on two options: business credit cards and business loans/lines of credit. In this article, we’re going to be comparing these two common sources of business financing and letting you know the circumstances that call for utilizing them.
Sadly, as the global COVID-19 pandemic wreaks havoc on our world and our institutions strain to cope with it all, scores of businesses are facing the excruciating reality that remaining in operation just isn’t feasible. As terrible as it is, there are steps you need to take to ensure that the pain of closing your business isn’t even more devastating to your employees and your finances than it needs to be.
As we all face the grim reality of the global coronavirus pandemic, businesses around the world are confronting the enormity of the challenges ahead of them. The need to minimize the risk faced by vulnerable public-facing employees is particularly important. As the established ways of doing business are being upended at a dizzying pace, businesses everywhere will have to adapt in order to both remain viable and protect the health and safety of employees and customers alike. To that end, Merchant Maverick is here to help you adapt your business practices to our new shared reality.
With the abundance of DIY website builders out there, finding the platform that best fits your business needs will require some research. Luckily, we can help with that. That’s our whole deal! We want you to be able to make an informed decision — one that will give your business an attractive, functional website that properly showcases all that you’ve worked so hard to build. Read on to learn the pros and cons of 2020’s leading small business website builders.
Don’t think that GoFundMe is the right crowdfunding platform for your needs? Learn about the best competitors to the crowdfunding giant right here.
The Complete Guide To Restaurant Credit Card Processing & The 5 Best Companies For Your Small Business
The process of selecting a payment processor is a daunting, complex one. Read our post for a sense of what to look for when choosing a credit card processor for your restaurant — as well as a snapshot of the processors and POS systems that, we feel, give foodservice businesses the best value for their money.
Take a look at our picks for the best small business loans for cash flow issues, business expansion, debt consolidation, bank financing, and other common business financing needs.