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Stories Tagged as

Small businesses

COVID-19

Survey finds small business confidence at 8-month low

by Justin Ho
Feb 9, 2021
And the percentage of owners expecting better conditions fell to the lowest level since November 2013, the NFIB finds.
If business owners can hang on, they may benefit from pent-up demand as consumers anticipate spending more in the year ahead.
Spencer Platt/Getty Images
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Businesses aren't flocking to this round of PPP loans

by Justin Ho
Feb 2, 2021
Three-quarters of the money Washington set aside hasn't been touched. Some point to new restrictions on which businesses qualify.
Despite the need for relief, businesses are finding it difficult to meet the eligibility requirements.
Stephanie Keith/Getty Images
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COVID-19

10,000 stores likely to close in 2021, study says, but store openings continue

by Kimberly Adams
Jan 28, 2021
New data gives a peek at what the post-pandemic economy might look like.
Businesses small and large are trying to game out which pandemic changes will be permanent.
Johannes Eisele/AFP via Getty Images
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COVID-19

Lenders start processing the second round of PPP loans

by Justin Ho
Jan 25, 2021
Bankers say the process is running a lot more smoothly this time, in part because they have a better sense of what to expect.
Olivier Douliery/AFP via Getty Images
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COVID-19

Bodegas are a lifeline in NYC ... and many are in trouble

by Jasmine Garsd
Jan 12, 2021
These small convenience stores are often focal points for neighborhoods, and not only for the food and other supplies they sell.
Francisco Marte's bodega is a lifeline for many in his Bronx community.
Jasmine Garsd/Marketplace
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COVID & Unemployment

Hiring in a pandemic requires a different calculus

by Andy Uhler
Jan 8, 2021
Small business owners are getting burned out making hiring and firing decisions while cash flow is weak and uncertainty reigns.
An employee stocks merchandise at a store in Glendale, California. Many businesses have reduced staffing as the pandemic reduced cash flow.
David McNew/Getty Images
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COVID-19

New Paycheck Protection Program will have more restrictions than the first

by Justin Ho
Jan 6, 2021
This new round of PPP will only be available to companies with fewer than 300 employees.
A boy gets his hair cut at a barbershop in Austin, Texas, on May 8.
Sergio Flores/AFP via Getty Images
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COVID-19

Small businesses still struggling with COVID impacts must consider tax implications, too

by Justin Ho
Dec 29, 2020
Many received PPP loans. And that means new tax questions for 2021 filings.
A closed dining area outside a Manhattan restaurant on Nov. 13, 2020.
Spencer Platt/Getty Images
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Shipping delays cause problems for small retailers

by Marielle Segarra
Dec 22, 2020
We’re expecting record online sales this holiday season, and shippers are having a hard time keeping up.
Postal workers sort, load and deliver mail outside a USPS location in Los Angeles, California, in August.
Kyle Grillot/AFP via Getty Images
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COVID-19

Business economists predict tough winter before 2021 rebound

by Meghan McCarty Carino
Dec 7, 2020
Economists expect moderate GDP growth in the fourth quarter, after a fall where consumer spending gave some businesses a boost.
A new survey from the National Association for Business Economists predicts just moderate economic growth in the last quarter of 2020.
Tolga Akmen/AFP via Getty Images
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