Since the pandemic first reared its ugly head in 2020, it has devastated the global economy. Tens of millions of jobs have been lost and many businesses have gone bankrupt. But with several vaccines in the works, the economy is starting to recover and that includes the employment numbers.
In April, small businesses created 235,000 jobs in the United States, with a total of 742,000 new hires in all segments nationwide. This is a significant jump from March to 174,000 for small businesses and a total of 517,000. While the numbers are excellent and there is hope for further growth, many small business owners businesses are still struggling.
Communities across the country, if not around the world, have different regulations that prevent small businesses from fully opening up. And until that happens, there will be those who will continue to feel the effects of the pandemic for the foreseeable future.
From employment numbers to FAQs on PPP loans for small businesses, how to take your small business growth to the next level, and how to avoid falling into phishing scams, the weekly roundup features content covering the issues that directly affect small businesses. Beyond the weekly roundup, you can research small business trending information for more timely, relevant content to help you stay informed on all things small business.
Small Business News Roundup – May 7, 2021
Here is the recap for this week:
Canon Launches Print-as-a-Service for Home Offices
Canon has just launched Print as a Service for the home office. The all-inclusive subscription includes device, toner, and support, in hopes of creating a predictable monthly printing cost for businesses. With working from home growing in popularity, it is essential that small businesses operating remotely have the right tools at their disposal for smooth and efficient business operations.
Small Business PPP Loans FAQs
PPP loans are a huge boost for small businesses. Here are three things you “need to know” about the Paycheck Protection Program: It’s not just about covering paychecks. There is money available. It’s not really a loan. It’s more like a grant. Prove that you requested the money correctly and that you don’t have to pay it back. The application process for the Paycheck Protection Program closes on May 31.
Where to find new and used restaurant equipment
If you are planning to start your own restaurant business, you need quality commercial kitchen equipment. There are many places to buy new and used restaurant supplies, both in stores and online. Use this resource to find the best sources of prep equipment for restaurants, catering businesses, and other food industry suppliers to better manage your restaurant start-up costs.
How to regain the trust of your customers
Trust and credibility have been under attack throughout our society and this type of cynicism hurts all small businesses, no matter what industry they are in.
How to use Venmo for Business
What is Venmo? Venmo is a digital wallet. You have heard of Venmo and you can use it. the Venmo which is for business is not the same thing. Plus, if you use both, you can easily separate personal and business transactions. And it’s new – Venmo for Business now accepts cryptocurrencies, such as Bitcoin.
How to Avoid Falling for Phishing Scams
Phishing scamsâ¦ There are so many. Cyberspace is an impressive frontier, but just like in those old Western movies, attacks can come from any horizon. Most are ambushes. I now have two phishing emails in my junk mail. One is from Donna, and hey, I have a friend named Donna. However, my friend Donna wouldn’t say as a subject, âHey, we meet before.