When small businesses shut down in early March as a response to the threat of the novel coronavirus, a new normal began to emerge from the changing landscape. Now, midway through August, questions about the future still linger, but business owners are no longer thinking about short-term solutions. COVID is here to stay, additional government support is in limbo, and if a small business is going to survive, it needs to embrace the eCommerce pivot, specifically.
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Is your business still in need of funding due to COVID-19 and its effect on the economy? The PPP program may be over and done with, but state, county, and city governments are tapping into CARES Act funds to deliver grants to local businesses. Find out how you can get money and funding for your small business.
Buying something now but paying for it later has always been a tantalizing concept. But the idea is gaining even more steam now thanks to current events. Traditionally, people turned to credit cards when they didn’t have the cash on hand to afford a purchase. Today’s consumer is increasingly wary of credit card debt, however, and interest in other avenues has grown. Not surprisingly, a bevy of buy now, pay later (BNPL) services have sprung into action to meet the need.
It’s been a rocky ride for small businesses since the start of the coronavirus pandemic. But a recent survey suggests that a rebound is on the horizon. The survey, put out by CNBC and SurveyMonkey, indicates that small business owners are more confident that their businesses will last another year.
eBay Seller Capital is a new seller financing program offering in partnership with LendingPoint. Does your eBay business qualify? Read on for more information about this program for eBay sellers, and see how much money you might be qualified to borrow.
Women Who Tech has just launched the COVID-19 Tech Challenge, which will deliver $10K and $3K in grant funding to two women-led tech startups. Learn how to apply and whether your business is eligible.
A survey from business funding matchmaker Fundera found that business owners across the US didn’t get enough funding from their PPP loans. What’s more, the program is closing soon; is there hope of a PPP renewal? Read on.
With a COVID-19-related recession looming overhead, community currencies are becoming an increasingly popular option for keeping local economies afloat. Community currencies help damaged local economies by encouraging consumers to keep money within the community.
Citizens Banks just announced a $1.5 million grant program designed to help minority-run small businesses affected by COVID-19. Does your business qualify?
One of the hottest business buzzwords during the coronavirus pandemic has been “pivot” — the concept of businesses reinventing and shifting strategies. By the numbers, small businesses across the US have indeed embraced the pivot: 92% reported changing at least one aspect of their business since the onset of COVID-19, according to data from a recent survey that was released online last week.