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Jovita Carranza, head of the Small Business Administration, listens during a roundtable discussion with governors and small-business owners. Alex Wong/Getty Images Millions of small businesses have gotten federal aid to help weather the recession caused by the coronavirus pandemic. Despite that relief, many don’t expect to survive the crisis. Entrepreneurs who close their doors may
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According to Oechsli Institute research , there is a major dif­ference between asking for an introduction and asking for a referral. Eight out of every ten clients will be happy to introduce you to someone they know. That same number will feel awkward when you ask for a general referral—they feel imposed upon. However, they
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[embedded content] Next year, AMP will no longer be a requirement for content to appear in Google’s Top Stories section. This announcement carries substantial traffic and ad revenue implications for major publishers. To provide SEOs with an overview of the news, factors to consider and an inside look at how BuzzFeed is approaching the situation,
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U.S. Treasury Secretary Mnuchin announces new sanctions on Iran in the Brady Press Briefing Room of the White House in Washington, January 10, 2020. Kevin Lamarque | Reuters Treasury Secretary Steven Mnuchin said on Monday he will be talking with the Senate and others on a “bipartisan basis” about striking a balance between protecting the
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An employee referral program is a win-win for you and your team. Referral candidates tend to be well-qualified, since they’re pre-vetted by staff members you know and trust, and hiring referrals shows you value your employees’ input. Small Business Employee Referral Program To help you build a great referral program, we asked the members of
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Completing paid surveys online is an easy way to make extra cash on the side. You’re unlikely to get rich with the money from survey sites, but many of them do offer real cash, gift cards, and other perks for those who provide insights for their market research initiatives. However, there are also scams out
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TOPLINE The Justice Department Monday charged a Massachusetts IT CEO with wire fraud after he submitted fraudulent applications for $13 million in emergency coronavirus rescue funds for small businesses—the charges come amid a push for greater transparency into the federal government’s massive spending on relief programs.    Getty KEY FACTS Elijah Majak Buoi, a 38-year-old CEO
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Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC House Democrats on Monday wrote to the chief executives of some of the country’s largest banks demanding they disclose documents pertaining to their handling of the federal government’s small business bailout loan program.  In
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The Trump administration, following a backlash, said it would release details about companies that received loans of $150,000 or more from a coronavirus relief program for small businesses. Treasury Secretary Steven Mnuchin (pictured) said last week the firms that got billions of dollars in taxpayer-funded aid wouldn’t be disclosed, sparking fury from Democrats and others.
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Photo taken in Santa Cruz De Tenerife, Spain Getty The parents of Bill Gates encouraged their son to be a voracious reader. And yes, Bill has said that this was a key to his success. Being an entrepreneur is about constantly learning.  In fact, when Bill ran Microsoft, he would have a “Think Week” twice a year,
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Quantifying and qualifying your validation milestones will help you create a roadmap and benchmark … [+] by which you can evaluate your path while reducing your feelings of uncertainty and doubt. Here are 8 of the most common signs indicating whether you have validated your startup app idea. Getty If you have been gearing up
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They say one man’s trash is another man’s treasure. Whatever you call it, Americans have a lot of junk, and more and more people are looking to get rid of it. The result is a junk removal industry that is growing. And junk removal franchises are an opportunity to take advantage of this growth. According
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TOPLINE  After weeks of complaints from Democrats calling for more transparency, the Small Business Administration announced Friday it will release the names of businesses that received loans from the Paycheck Protection Program, which was intended to help small businesses disrupted by the coronavirus pandemic—except for those that got loans of more than $10 million or
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Founders: Rob Frohwein (CEO), Kathryn Petralia, Marc GorlinLaunched: 2009Headquarters: AtlantaFunding: $489 millionValuation: $1.1 billion (PitchBook)Key technologies: Artificial intelligence, machine learningIndustry: Credit, financial services, lendingPrevious appearances on Disruptor 50 List: 2 (No. 14 in 2019) George Kavallines Among the biggest headaches any small business faces is cash flow. Kabbage, headquartered in Atlanta, is a data and technology company providing small businesses with
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Hiring, with its many rules and regulations, is a complex process to manage. If you’re planning to grow your small business team, you need a clear set of steps and tools to help you find the right candidates for the next job offer. A solid and consistent process can also help you remain legally compliant.
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If you ever plan on seeking small business financing, entering into partnerships, or simply establishing your company financially, a DUNS number can help you make a major impact. However, some startup founders may struggle with the exact meaning of this term or the relevance to their operations. So if you have ever wondered “what is
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Many Americans are, unfortunately, receiving unemployment compensation right now. But that could be an opportunity for would-be entrepreneurs. Have you considered starting a business with that unemployment money? And there’s a real need for innovation.Unemployment rose in the U.S. in April with the biggest monthly spike since 1948.  Small Business Trends contacted Mike Nunez, Chief
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Patrons gather outside of Neir’s Tavern on Saturday, Jan. 11, 2020, in the Queens borough of New … [+] York. The 190-year-old New York City tavern where scenes from the movie “Goodfellas” were filmed will stay open thanks to a deal reached Friday by the bar’s owner and his landlord, city officials said. (AP Photo/Frank
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Rob Frohwein, CEO of Kabbage Adam Jeffery | CNBC In late March, with the coronavirus pandemic forcing mom-and-pop shops across the country to shut down indefinitely, small business lender Kabbage furloughed a “significant number” of employees and paused its lending operation, anticipating the contraction in its customer base. But CEO Rob Frohwein, who co-founded the
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