As people find new ways to connect throughout the coronavirus pandemic, Tencent-owned TikTok — a platform that allows users to create short, 60-second videos — went from being an app on the rise to a stay-at-home staple. In fact, its popularity has exploded — in the month of March alone, 28.8 million unique U.S. users flocked to
Month: May 2020
Most people know they have personal credit scores. But not all entrepreneurs are aware that they may have a separate business credit score as well. Much like the individual credit scores that most people are aware of, business credit scores are numbers that are meant to evaluate the financial standing of a business and their
To succeed in business, you need focus and commitment. Successful serial entrepreneurs are … [+] particularly great at establishing businesses, hiring, and setting a clear direction for their team. Here are three key tips that will position you to start and grow many startups at once. Getty The mind of the entrepreneur is trained to
Wine store employees catalog a new shipment of alcohol on May 28, 2020 in New York City. Government guidelines encourage wearing a mask in public with strong social distancing in effect as all 50 states in the USA have begun a gradual process to slowly reopen after weeks of stay-at-home measures to slow the spread
According to a federal survey, 44% of small business owners borrowed money to meet expenses. No surprise there, you’re thinking. We’ve been closed. We haven’t been making any money. Of course small business owners borrowed money to keep the cash flow coming. The survey is from 2019. In other words, it’s no shame to get
In the unprecedented losses we’ve suffered so suddenly as a country, a large part of the burden, both logistical and emotional, has fallen on the funeral industry, sometimes called deathcare. These professionals–funeral directors and their employees–often serve in small, customer service-focused family businesses that have been an element of their communities over the course of
May 28, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. As any digital marketing pro can tell you, programmatic advertising is one of the most critical — and least understood — concepts in the industry today. It’s a strategy made more difficult by the fact that individual platforms and vendors in the
Closed signs hang on a fast food restaurant amid the coronavirus pandemic on April 24, 2020 in New York City, United States. COVID-19 has spread to most countries around the world, claiming over 196,000 lives with over 2.8 million cases. (Photo by Alexi Rosenfeld/Getty Images) Alexi Rosenfeld A type of loan for small businesses impacted
It takes a lot of self-confidence for an employee to approach their employer for a raise — and a lot of decision-making confidence as an employer to decide which reasons to to give and employee a raise or not. There’s no playbook for managers and business owners to know how to gauge whether an employee
Video conferencing is becoming increasingly prevalent due to more people working remotely. Whether you’re temporarily telecommuting, working from home permanently, or planning video conferences from an office, it’s important to come off as professionally as possible during these video calls. Here are some tips to help you make the most of this communication style. Conferencing
On the run; Talent for fraud; relative chips in; and other highlights of recent tax cases. Providence, Rhode Island: Chiropractor Eugene Kramer, 50, has agreed to plead guilty to charges relating to a scheme to defraud health care benefits programs and that he allegedly failed to pay taxes to the IRS for some of the
Apple’s success is partly driven by its extraordinary skill constructing complex global supply … [+] networks. SOPA Images/LightRocket via Getty Images In my last post I talked about how unfounded assumptions are at the root of the most dangerous types of crisis. In this one I’ll explore some of the reasons why such severe crises
Businesses across the country are starting to reopen, but the economy could still face a bumpy road. The economy could take years to rebound as it faces longer-term challenges from the sharpest downturn in history, according to Moody’s Analytics chief economist Mark Zandi. “The damage to the economy already has been too significant, there’s going
As some states lift restrictions on business operations, small companies in various industries are preparing to reopen their doors. However, it’s not business as usual. Coronavirus Reopening Checklist In order to provide a safe and productive work environment, employers may need to take several additional steps before they get up and running again. Vicki Salemi,
The coronavirus pandemic has brought out the best in many small business owners despite their own financial hardships. Many have generously given to help others in their communities and beyond. They’ve supported causes with cash and other types of donations. Are Charitable Contributions Tax Deductible? The tax law rewards the giving mentioned above with write-offs.
Acquire New Customers With Real Connections Steve Wasterval Most of us probably spend way too much time scrolling through our Facebook and Instagram feeds these days. And while it may not be the best way to spend your free time, the sheer amount of time we spend on social shows just how much opportunity it
There is an old misconception that Facebook Marketplace is still only a C2C platform similar to Craigslist. That is no longer true. In its initial stages, Facebook Marketplace was only offering individual users the opportunity to list and purchase items locally. As the Marketplace grew in popularity, Facebook added new features, like the ability to
Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 26, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our
As more businesses reopen amid the coronavirus pandemic, dental practices are considering enhanced measures to clean their facilities and equipment, as well as protect their patients and staff. One of these tactics involves the use of ultraviolet light to sanitize the air, surfaces and equipment in dental offices. Disinfecting with UV light products is widely
Buying a franchise is potentially a very profitable way of owning your own business. The franchisor can’t guarantee the franchise business owner will be successful. But studies of the franchise business model have proven franchisees are more likely to be successful than if they had started a business on their own. Pros of Buying a
At the idea and validation stages, in particular, you have to be especially careful about the goals … [+] you set because if you focus on the wrong prize, you risk exhausting your resources before giving your idea the shot it deserves. Here’s how to set SMART startup goals at the idea stage. Getty It’s
Aaron “Alpha.M” Marino says the Covid-19 pandemic has hit Youtube sponsorship deals hard, but “You need to be flexible enough to change and adapt in this situation. You are fighting for your business’s life and your employees as well.” Aaron “Alpha.M” Marino Aaron “Alpha.M” Marino is no stranger to adversity, and like many other small
This is the time of year when most firms that have retreats or strategic planning meetings finalize their plans. These meetings are more necessary and important than ever, and should be scheduled if you haven’t yet done so. If circumstances don’t much change (hopefully they will), the meetings would be done virtually. Here are some
Being quarantined inside is difficult on its own but doing it with other people truly makes it hard. Too often we shy away from negative conflict which only makes issues grow. What negotiation strategies can you use to get an agreement that fits what you need and help with employers and customers as well? On
Growing up in California, Jay Regan, 35, developed a lifelong love of diving and surfing. In 2017, he tapped into his passion for the ocean by starting a one-man ecommerce business called GILI Sports in Las Vegas, named for the GILI Islands, an archipelago between Bali and Lombok, Indonesia. GILI Sports sells inflatable, stand-up paddleboards
Learn marketing techniques for Facebook, Instagram, TikTok, and more. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 24, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small
PuroClean restoration specialists do deep Covid-19 cleaning for the Barlett Fire department in Tennessee. Steve White, the company’s president and COO, instituted protocols from day one to ensure business operations continue in case of any unforeseen disaster, something he learned as a former U.S. Army infantry officer. PuroClean If you want to see how an
When seeking financing, minority business owners are more likely to be at a disadvantage compared with non-minorities. Part of it has to do with credit scores: Minorities are more likely to rely on their personal credit scores, versus business credit scores. That’s important to know because personal scores are often lower for Blacks and Hispanics
On a Memorial Day Weekend walk today with my family through our favorite Chicago neighborhood, Andersonville, we noted each of the closed businesses along Clark Street. As an entrepreneur, I felt for each of the entrepreneurs and their families behind these storefronts, many faced with economic catastrophe. The author with Scott “Scotty” Martin, proprietor of
Self-employed people who borrowed from the Paycheck Protection Program may have a tough time getting the full balance forgiven. The PPP is a federal forgivable loan program that was established by the CARES Act. It’s intended to cover up to eight weeks of wages, mortgage interest and other expenses for business disruptions during the coronavirus
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