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INNOVATION DURING COVID-19 OUTBREAK
March 28th at 6:00pm
Online medical care, medical supplies, pharmaceuticals, insurance, and health-related industries During the epidemic, online medical platforms, like AliHealth and Tencent HealthCare, have provided free online diagnostic services for citizens. This helps to screen out suspected COVID-19 patients from common cold patients, alleviate the shortage of offline medical resources, reduce the cross-infection risks caused by human contact, and enable more citizens to experience online medical treatment. The outbreak also stimulates the growth of telemedicine. Apply for Small Business Funding E-commerce To avoid being infected by the COVID-19 virus, consumers who have formed the habit of online shopping are becoming more likely to order food and choose daily necessities and fresh food online instead of going to…
PUT THE POWER OF TECHNOLOGY TO WORK FOR YOUR SMALL BUSINESS
March 27th at 9:12pm
Using technology to your advantage will help you maximize the resources of your small business, enhance employee productivity and better serve your customers. As your online marketing partner, web business are ready to help your business reach its full potential. Technology solutions can help you make the most of your budget and resources. Here are a few small business tools to consider. Apply Now For Small Business Funding Online Marketing Technology has a direct effect on the way customers interact with your business. Nearly 90 percent of shoppers begin product searches online. Online marketing tools for small business allow you to…
HOW TO STAY IN BUSINESS DURING COVID-19 CRISIS
March 27th at 8:48pm
While federal, state, and local lawmakers mull over additional aid, Mills recommends that small business owners: Apply for the Small Business Administration funding. In addition to the disaster funding, which only apply to businesses in states that have declared emergency status, some state governments are offering aid packages.Explore private sector programs and fintech products. Facebook said it would offer $100 million in grants to small businesses. And fintech companies such as Kabbage and Fundbox, which specialize in funding to small businesses, are also considering ways to support the sector.Renegotiate terms of contracts and debt. Owners should ask landlords for more time to…
CORONAVIRUS STIMULUS PACKAGE IS READY
March 25th at 7:35pm
The White House and Senate leaders have finally agreed to a sweeping $2T stimulus package for the U.S. economy as the country grapples with the fallout from the coronavirus pandemic. The precise details of the fiscal package are yet to be disclosed, though it is expected to include around $350B in small business funding and a further $500B for distressed companies, such as airlines. Hospitals are also expected to get a cash injection of $75B to help them manage a rush of coronavirus-stricken patients. Some $250B has been set aside for direct payments to Americans. The bailout will likely include grants — money not to be…
LOW INTEREST SMALL BUSINESS FUNDING
March 17th at 8:26pm
Low-interest business funding options include SBA funding and online funding. As a business owner with good personal credit and strong financials, it’s easier to qualify for cheap financing — meaning you can borrow money at a lower annual percentage rate. APR is an accurate measure of the cost of financing. If you’re looking for the lowest-cost funding SBA funding are by far your best bet for the lowest possible rates if your business is strong. With the SBA guaranteeing 75% to 85% of the financing, funders can offer SBA funding rates of about 7% to 9% that are based on the prime rate. But the application process is a major time commitment — we’re…
RULES FOR SOCIAL MEDIA MARKETING SUCCESS
March 14th at 4:50pm
Social media advertising reaches audiences in a low-cost, impactful, and effective way. Using social media will allow you to reach your target audience, engage with current and potential customers, create brand loyalty, increase website traffic, and drive sales. Every month, there are over two billion active users on Facebook, one billion on Instagram, and 365 million on Twitter worldwide. In the U.S. alone, 77% of the population has a social media account of some kind. Whether it’s to chat with friends, stay connected to people across the globe, or for business and networking purposes, consumers are on social media for a multitude of reasons — and marketers know it. Due to the sheer number…
HOW TO KEEP YOUR CLIENTS DURING THE CORONA VIRUS CRISIS
March 11th at 7:03pm
Even if you need to close due to health and safety concerns, there are ways to keep serving your customers during the coronavirus outbreak. Here are some strategies you can apply to your small business: Communicate proactively with your customers The situation is evolving rapidly, and no one is quite sure what news each day will bring. Customers can empathize with merchants facing a crisis, as long as you communicate with them properly. Let your customers know if you’re closing your doors, changing your hours and what steps you’re taking to keep your employees and work environment safe and clean. Promote your…
WHAT YOU NEED TO KNOW ABOUT BUSINESS CREDIT SCORES
March 6th at 9:59pm
Just as a FICO score measures your personal creditworthiness, your business credit score is a numeric representation of your company’s creditworthiness. The information on your business credit report is used to produce the score, and business funders use it when they’re considering your credit application to predict how likely you are to pay them back in a timely fashion. A higher score means your business has a history of paying bills on time. It’s necessary to establish separate credit for your business. A good business credit score can help your business grow, see below the benefits of improving your business…