Posts Tagged ‘covid-19’

Merchant Maverick’s latest report contains a clear finding: customer-facing service jobs easily replaced by technology will disappear at a stunning rate. Seven job categories affected by technological advancements are estimated to drop nearly 20% on average by 2029. This means that roughly one out of every five employees who leaves one of these jobs over the next decade will not be replaced.

As Merchant Maverick’s latest report, the “Highest Paying Industries For Gig Economy Jobs In 2021” demonstrates clearly, most of the premium gig economy industries require a large initial outlay of resources, whether in the form of cash or time. Read on for a look at what it takes to break into and succeed at the best, most high-paying side hustles.

The economic impact of the COVID-19 pandemic has been harsh, particularly on small businesses. Fortunately, there have been a number of loan and grant programs open to small business owners to offer financial help during these tough times, one being EIDL.

Despite COVID restrictions, rent hikes, a changing market, and unforseen legal battles, Bibi Pirayesh of California Kabob is determined to fight to sustain her father’s legacy. The LA-based Persian restaurant has served up food and community for over 20 years, but is now struggling to survive the pandemic. Read on for more details about California Kabob.

The Paycheck Protection Program (PPP) is bringing much-needed relief to small business owners affected by the coronavirus. Not only does this loan program provide funding to help cover payroll and other expenses, but if used for qualifying purposes, your loan will be forgiven. In this post, we’re going to help you understand how you can qualify for PPP loan forgiveness.

In response to the woes facing the economy, the US government has allocated funds to help support businesses throughout the country. Read through for the full details on how you can receive forgiveness on your EIDL emergency advance.

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.

Do you have a plan to deal with a loss of income or pay for utilities that aren’t working? What if you have to temporarily relocate? Read this informative article to learn more about business interruption insurance, including exactly what it covers, how to buy it, and more.

The SBA Economic Injury Disaster Loan Program (EIDL) provides financial assistance to both small businesses and private, nonprofit organizations that are located in a declared disaster area. Coverage depends on the amount of economic injury sustained. That includes things that don’t cause property damage, such as COVID-19, but still result in a massive loss of demand due to circumstances beyond your control or that interrupt your ability to conduct business.

The Small Business Administration (SBA) provides a number of loan programs designed to help small businesses grow. SBA loans are known for having some of the lowest interest rates available. We’ll explain the rates for three of the SBA’s most popular loan programs: 7(a) Loans (business loans for most general business purposes), CDC/504 Loans (business loans to finance real estate and other fixed assets), and Disaster Loans (loans to rebuild following a disaster).