In a survey that collected the responses of 5,265 small business owners worldwide, internet domain registrar GoDaddy found that 71% of entrepreneurs anticipate their business will recover from COVID-related losses within the next year. This optimism is despite the economic wreckage the pandemic has brought to 2020.
Small Business Blog Posts | Page 4
Curious businesses can see if their Facebook Page qualifies for the paid online events feature through Facebook. Eligible businesses will need to meet Facebook’s partner monetization policies to make money off of events hosted through the social network.
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.
Shashonna Knecht, tattoo artist and owner of the NE Portland tattoo studio La Petite Tattoo, discusses the logistics of reopening and talks about the challenges and advantages of her business model in the new COVID economy.
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.
Ever wondered what the difference is between a 1099 contractor and a W2 employee? Believe it or not, the answer is both easier — and more complicated — than you might expect. It all boils down to this: If you tell your workers both what to do and how to do it, then they are probably W2 employees. On the other hand, if you only control the results and not the process, then they are probably 1099 contractors. The distinction may seem simple, but the implications are wide-ranging and can be fairly complex.
Nonprofits have plenty to teach small business owners about managing money and people, communicating a mission, carving out a needed niche, writing a business plan, and using social media to tell their story. Learn more about North by Northeast Community Health Center, the only free health clinic in Oregon dedicated to African American/Black health, and see how following the pattern of a successful nonprofit can change your business ethics and efficacy.
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.
Most employers start onboarding too late and stop too early. Poor onboarding practices not only lower morale in new employees, they hinder productivity and will eventually cost you money. How can you leverage your onboarding process to improve employee retention, save money, improve your recruiting, and foster better working relationships within your team? Learn how to create a clear employee onboarding process that meets your specific needs with this simple checklist.
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.