15 Important Small Business Trends We’ll See By The End Of 2020

Staying on top of these developing trends can help you adapt and end the year on a high note, as well as give you a leg up on your competitors.

U.S. Jobs Recovery Depends on Small Business, Which Remains Under Great Threat, According to...

The U.S. economic recovery will be inextricably tied to the recovery of the small-business sector, according to a new report from IHS Markit. Given its substantial footprint in the U.S. economy, any...

Payments Processors, Merchant Settlement and the SMB Cash Crunch

Payments processors such as Square and PayPal have held back at least some merchant payouts and that has some SMBs facing more of a cash crunch. Read more here:...

Illustrating the Impact of the PPP on Small Business Employment

While there are several reasons why unemployment unexpectedly fell in May, one contributing factor appears to be the Paycheck Protection Program. Read more here: https://bankingjournal.aba.com/2020/06/illustrating-the-impact-of-the-ppp-on-small-business-employment/

Will Older Small Business Owners Finally Get The Pandemic Help They Need?

The haunting question in coming months is how many of these small businesses will reopen and how many owners will decide to permanently shutter. Read more here: https://www.forbes.com/preview/5ef131c13ec5af00061afd4d/

Minority small business owners harder hit by pandemic closures: “A total nightmare” 

COVID-19 has shone a light on economic disparities, as black- and Latino-run businesses were roughly twice as likely to shut down than white-owned businesses. Read more here: https://www.cbsnews.com/news/coronavirus-minority-small-business-owners-pandemic-closures/

SMBs Look For Lawsuit-Liability Protection As They Plan Reopening

Main Street shops and restaurants are preparing to reopen in the safest way they can, but fear that despite precautions they'll risk lawsuits from the public. Read more here:...

Many Tech Firms Could See Demand Worsen if There Isn’t a Fast Recovery

Should COVID-19 significantly depress economic activity in the second half of 2020, companies seeing only moderate top-line pressures right now could see their sales shrink. Read more here: https://realmoney.thestreet.com/investing/technology/tech-firms-could-see-demand-worsen-if-no-fast-recovery-15346719

How to Hug During a Pandemic

PSA: Of the many things we miss from our pre-pandemic lives, hugging may top the list. The New York Times asked scientists who study airborne viruses to teach us the safest way...

55% of Americans Have Shopped Online at a New Store

A new survey from Ware2Go reveals that more than half of online shoppers recently found new stores from which to shop for items they wanted. Read more here: https://smallbiztrends.com/2020/06/online-shoppers-find-new-stores-survey.html
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