4 Things To Do To Stabilize Your Small Business Right Now
Source: Entrepreneur | Repost QBScott 7/30/2020 – The COVID-19 pandemic has completely upended our normal way of doing business. Stay in place orders have caused stores to shut their doors in many states. Other companies find themselves unable to fulfill shipments due to supply chain disruptions. Even for companies that are remaining open, business is…
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How Small Businesses Can Assess And Protect Their Finances As Economies Reopen
Source: Forbes | Repost QBScott 7/16/2020 – During the initial phases of the pandemic-related shutdowns, a Goldman Sachs small-business survey found 51% of small-business owners could operate for only zero to three months during the quarantine period. A survey from May found that at least 2% of small businesses had closed permanently due to Covid-19.…
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Tax filing Date Right Around the Corner
Source: accountingtoday.com | Repost 7/2/2020 – The unprecedented fallout from the coronavirus pandemic has meant unprecedented concessions by the U.S. government in a number of respects. The CARES Act’s $2 trillion stimulus package represents perhaps the largest investment in this regard, but a number of U.S. government agencies have enacted other significant rule changes to…
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The Only Three Reasons Entrepreneurs Need Accounting and Finance
Source: Forbes | Repost QBScott 6/18/2020 – Observing finance and accounting professionals— or the way academics at most business schools train them — might lead you to believe that finance and accounting is a complex and arcane language understood only by an initiated few. For an entrepreneur, the truth is that accounting and finance are…
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5 Personal-Finance Mistakes That Kill Promising Companies
Source: Entrepreneur | Repost QBScott 5/21/2020 – For most people, personal-finance mistakes affect only themselves. For entrepreneurs, a personal-finance slip-up can have far-reaching consequences. People who get into tight financial spots while running their businesses must make difficult choices about which bills to pay, which opportunities to let go and which partners to leave. Founders…
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Pivoting Your Small Business Model to Survive the COVID-19 Crisis
Source: Worth Newsletter | Repost QBScott 5/7/2020 – There is opportunity in every crisis, and the COVID-19 pandemic has created a crisis for many small business owners that is unlike any other before. The coronavirus has forced governments into enacting what some are calling “the Great Lockdown.” The lockdown consists of closing all non-essential businesses,…
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4 Behaviors That Help Leaders Manage a Crisis
Source: Harvard Business Review | Repost QBScott 4/23/2020 – The roles and responsibilities of business leaders have dramatically changed in the past few weeks. Before COVID-19, CEOs and other executives in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. Today, many of those same leaders must make rapid decisions about controlling…
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A 10-Point Small-Business Survival Plan for Dealing With the Coronavirus
Source: Entrepreneur | Repost QBScott 4/9/2020 – It’s safe to say that this current crisis is like none other faced by small business owners in the recent past, and it’s certainly daunting trying to tackle all of the unique issues it presents. Regrettably, the predominant voice we hear hasn’t offered a lot of specific steps…
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7 COVID-19 Crisis Management Tips For Small Businesses
Source: zdnet.com | Repost QB Scott 3/26/2020 – Business as we know it will change after the COVID-19 pandemic. This year will be the year that changed the trajectory of e-commerce, telemedicine and remote work. I have the privilege to work with one of the true pioneers in the world of digital commerce. So, naturally,…
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