skip to Main Content

Small Businesses More Likely to Expect Longer Recovery in Census Survey

  • Second phase of U.S. Census Bureau survey on COVID-19 impact on small businesses finds respondents more likely to expect a longer road back to normalcy
  • Majority of respondents report negative impact on business, but some positive signs such as healthy cash on hand and minimal missed loan payments
  • Businesses see marketing/sales and additional capital as key future needs
Read more

Steps to Take When Moving Your Business Online

  • Many businesses have moved to adopt e-commerce after physical locations shuttered or restricted due to COVID-19 pandemic
  • Online retail offers a continuing revenue stream and opportunities for more individual connections with customers
  • Transition requires business owners to determine what they’ll sell online and make sure their customers are aware of the offering
Read more

Keeping Your Customers by Refusing Their Cash

  • Survey finds that a large share of small businesses have stopped accepting cash and transitioned to contactless payments during the COVID-19 pandemic
  • Younger customers are more likely to accept cashless transactions and favor companies that require no direct interaction for payment
  • Two-thirds of businesses try a new approach during the pandemic, primarily involving a pivot to digital
Read more

Selling Your Business

  • This course takes you through the steps of how to sell or close your business
  • For the entrepreneurs looking forward to the day they hand over the keys or cease operations
  • Helps you learn about business exit strategy, transferring ownership of business, steps to closing business, and preparing sales agreement
Read more