Helping Businesses Grow & Succeed
While America’s Main Street businesses are reopening as the vaccine rollout makes serious headway, small businesses are still very worried about maintaining payroll through the summer without additional relief, says a new national survey of small business owners called Goldman Sachs 10,000 Small Businesses Voices. Its part of a series […]
Scenario 1: Many small businesses, particularly in the hard-hit restaurant, travel, event planning and retail sectors, had to lay off or furlough most of their workforces when the economy was largely shut down. Now they may need to hire a number of employees again – and the competition is tough […]
The Federal Reserve launched the Main Street Lending Program several months ago and recently extended the program to Dec. 31. The MSLP, part of the coronavirus relief law known as the CARES Act, offers five-year loans of $250,000 to $300 million. The loan program is aimed at larger small businesses […]
In the best of times, customer retention is critical to small business success. But these days, with marketing dollars being slashed and customer acquisition budgets going down the drain, it is more important than ever to hold onto your customers. Acquiring a new customer is five times more expensive than […]
A restaurant owner converts to takeout but let go of most of his staff. An event planning company suddenly has no work for the next six months, and neither do the caterers she hires. A small manufacturer can’t find key parts needed to fill even its pending orders. The coronavirus […]