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pivot to ecommerce

Small Businesses See Success With eCommerce Pivot

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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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6 Need-To-Know Buy Now, Pay Later Statistics For Small Businesses

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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.

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Paycheck Protection Program (PPP) Loans For Sole Proprietors: Where & How To Apply

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With Round 2 of the Paycheck Protection Program (PPP) looking to be about ready to begin, businesses that missed the first round will have a second chance to take advantage of the popular relief package. This includes businesses whose owners may have assumed they did not qualify due to being sole proprietorships with no employees (this status technically applies to freelancers as well). If you’re an individual with self-employment income, you can qualify for a PPP Loan if you meet certain criteria.

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How To Apply For A Paycheck Protection Program (PPP) Loan For Coronavirus Relief

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One provision of the CARES Act that has gained a lot of attention nationwide is the Paycheck Protection Program (PPP). This program has received an overwhelming response from small business owners. If you own a small business and have employees on your payroll, the PPP loan may be beneficial for you. Keep reading to learn more about this program, how to know if you qualify, and how to navigate the application process with ease.

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Paycheck Protection Program (PPP) Loans For Contractors & Freelancers: What The Self-Employed Should Know

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On Friday, April 10th, 2020, the second phase of the CARES (Coronavirus Aid Relief and Economic Security) Act will go into effect, and independent contractors and the self-employed will be able to apply for their share of the Paycheck Protection Program (PPP) Loans available to businesses impacted by the Coronavirus pandemic. April 3rd marked the opening day for small businesses to apply for PPP loans, and the roll-out has been complicated by an influx of applications–it is clear the need for these loans is great.

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