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“It was an unknown, a big gaping black hole.” That’s how Adele Nasr, the Chief Marketing Officer of electric bicycle maker Aventon described the state of the bike industry in March. “This is really scaring me; it’s going to be terrible,” is how Molly Moon Neitzel, owner of Molly Moon’s Ice Cream, felt after seeing …
How Can Your Small Business Survive? These Businesses Show HowRead More
There’s no easy way to say this: America’s small businesses are dying. Small businesses in some industries—retail, restaurant, travel, hospitality—now can be considered an endangered species. If you want to help them survive, if you want your own small business to survive, the most important thing you can do is simple: wear a mask. Wear …
Right now, every small business owner needs every dollar they can get their hands on. Whether you currently need money or not, it’s time to improve your credit score and increase your credit limits. Let’s be realistic. Covid-19 didn’t magically disappear with warmer weather and infections are once again on the rise. Consumers won’t return …
We all know that small businesses are the backbone of the US economy. According to the SBA, small businesses employ nearly half the country’s private workforce. We officially entered a recession in February and as of June, have an unemployment rate of 11.1%—and about 15 million fewer jobs than pre-Covid February. Small businesses will lead the …
Blame COVID-19: the US officially entered a recession in February. I suspect that’s not news to you and your small business, as small businesses have been on the front line of this downturn, struggling to survive. In fact, since the shut-down, it’s estimated that over 100,000 small businesses have closed their doors for good. I …
The other day, a local small business owner gave me about a dozen reasons why he wasn’t re-opening his restaurant. Not one of the reasons had to do with health. He complained about costs, worried about being sued, was frustrated with the city, didn’t trust his customers, and on and on. I’m not sure his …
Do Something If You Want Your Small Business to SurviveRead More
FACEBOOK LIVE EVENT THIS WEEK Please join me for my Facebook Live event: Tuesday June 9, 1pm EDT/10am PDT Update on the new rules on PPP forgiveness and strategies to help your business survive. Go here to join or to watch later. And if someone forwarded you this newsletter, you should sign up here. NEW DATE! Tuesday, …
Right now, you’re probably dealing with just trying to ensure that your small business survives the impact of Covid-19. But America is at a turning point, and your voice matters. Small business owners are some of the most respected members of their communities. What you say, what you do is important. Last week yet another …
Here’s the latest… PPP FORGIVENESS PROCESS AND HELP The SBA is making the process for receiving forgiveness for your PPP loan unnecessarily difficult for small businesses at a time when small businesses are reeling from the pandemic and now are facing potentially longer closures due to civic unrest. They could have easily created a simple …
Small Biz Update: PPP Forgiveness Strategies & America at a CrossroadsRead More
