Business Success Strategies

  by Raymond J. Keating- For many – far too many – small businesses in the U.S., the coronavirus crisis and the related sharp economic downturn means a struggle to survive. Here are few examples of how small businesses can help themselves or be helped by others in these brutal times through assorted promotional strategies. […]

Confronted by the coronavirus crisis and the related sharp economic downturn, small businesses are pivoting to find ways to survive. Consider examples from a few articles cited below. Double Down on Outreach, Networking, Marketing In a Forbes.com article – “How Quarantine Conference Aims To Help Revive Business Owners During Crisis” – author Serenity Gibbons argues […]

UPDATED April 3, 2020 By Karen Kerrigan- The effects of the coronavirus have hit small businesses more painfully. Governments have placed restrictions on business activity and public mobility. Plunging small business revenues are taking their toll on jobs and small business viability. Let’s hope that containment strategies will make this a short-term crisis, and we […]

The Committee on Small Business & Entrepreneurship of the United States Senate has created a Frequently Asked Questions (FAQs) document on SBA loans related to the CARES Act and COVID-19. The document focuses largely on the new SBA 7(a) Paycheck Protection Program (PPP) loans, as well as issues related to Economic Injury Disaster Loans (EIDLS) […]

UPDATED March 30 By Karen Kerrigan-   The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed by President Trump on March 27. The timely implementation is critical to millions of small businesses and self-employed Americans across the country. We know the SBA and U.S. Treasury are working 24/7 to ensure loan applications and […]

By Barbara Weltman- The COVID-19 pandemic has impacted businesses, some much more severely than others. Many businesses have seen their revenues dry up completely, while others have had less than normal activity. With revenue down and cash flow diminished, companies need to prioritize their bills so they can remain in business and try to maintain […]

by Raymond J. Keating- Never underestimate American entrepreneurs, even in the face of a pandemic and big chunks of the U.S. economy essentially being shut down. No doubt, this necessary battle against the coronavirus is having and will have brutal economic costs, especially for small businesses. But at the same time, small businesses still exhibit […]

Important steps you can take immediately to prepare for an SBA loan application By Ami Kassar, CEO of Multifunding, LLC ● For those wishing to apply for SBA disaster relief loans, as of yesterday, all states and territories are now disaster zones, and you can apply here. ● If your business has been around for at […]

Small businesses may apply for “economic injury” disaster loans in the following states listed below  Visit the SBA Disaster Loan page here.  You can call the SBA Disaster Assistance Customer Service Center at 1-800-659-2955 (TTY: 1-800-877-8339), or email emaildisastercustomerservice@sba.gov. This list is current as of March 21, 10:30 p.m. All states and territories have been granted […]

By Karen Kerrigan- Effective communications and engagement with customers are critical differentiators in a competitive economy, and this is especially important now.  If you want customers to keep purchasing from your business during this time of uncertainty, and to maintain their loyalty for the long-term, you need to tell them what you are doing to […]