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New Rules for Self-Employed and Gig Workers Applying for PPP Loans Are Out. Here's What You Need to Know
The Small Business Administration released a new application and loan calculation formula for Paycheck Protection loans for self-employed and gig workers.
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Here's How This Gen Z Founder Made Over $30,000 in 2020 Running an Online Business
Laurence Moss started helping businesses market their brands on Instagram and Facebook as a hobby. His company, Greedy Growth, cleared over $30,000 in 2020.
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Want to Travel Like a Rock Star? One Celebrity RV Company's Covid Pivot Lets You Do Just That
“We had to be very nimble and cut costs immediately and figure out a path through this,” Joey Hemphill of Hemphill Brothers Coach Company told CNBC.
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These Strategies Can Help the Owners of the Smallest Businesses Applying for PPP Loans
There is just over a week left of priority access to the Paycheck Protection Program’s forgivable loans for the owners of the smallest businesses.
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Rebound: Back to Business
While some businesses quickly found ways to meet coronavirus reopening requirements, Ava Party Designs had to rework their entire strategy. Owner Ava Sealey shared the difficult decisions she had to make about whether to even keep her business open and how to manage continued restrictions on event venues and gathering sizes.
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Op-Ed: Black Businesses Support Raising the Minimum Wage. Why Doesn't the Rest of Corporate America?
Raising the minimum wage is long overdue and the pandemic has only exacerbated the need for a living wage, writes Ron Busby.
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Up in the Air: CT Balloon Artist Works to Rebound After Pandemic Shutdown
How can a party-based business pull through a pandemic? That is the question balloon artist Ava Sealey, who owns Ava Party Designs in Bethel, has been facing since March. Uncertainty is all that’s certain in a pandemic, but Sealey believes in working for her business’s future.
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Rebound: CT Balloon Artist Works to Bounce Back After Pandemic Shutdown
“We’re all figuring out what next week is going to look like day to day.” How can a party-based business pull through a pandemic? That is the question certified balloon artist Ava Sealey, who owns Ava Party Designs in Bethel, has been facing since March. Many small businesses are struggling during the pandemic, but Sealey believes in her business’s...
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‘Learning From This Experience': Small Businesses Deal With Uncertain Future
The Seacoast Repertory Theatre pushes for legislation to help the arts, Luella’s Southern Kitchen tries to keep their staff employed as budgets tighten and L.A. Dogworks continue to adapt to the coronavirus pandemic by instituting new changes.
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Rebound: Making Lemonade Out of Lemons
Lemonade is no longer just for sidewalk stands. For Vicktor Stevenson, owner of San Francisco’s Gourmonade LLC, gourmet lemonade is a passion project that has cultivated a loyal local following. But when the pandemic hit, statewide shutdowns gave his juice company the squeeze and Stevenson had to decide whether to focus on serving his “Gourmonade fam” or protecting his real-life...
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Amazon Acquires Selz, a Shopify Competitor That Helps Small Businesses Build Online Stores
Amazon quietly acquired Selz on Jan. 15, but it didn’t publicize the acquisition.
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Main Street Business Failure Fears Rise Again in Pandemic Whipsaw
Small business confidence is down amid the pandemic whipsaw of closures and reopenings, according to the latest CNBC|SurveyMonkey Small Business Survey.
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$15 Minimum Wage Will Result in Layoffs, One-Third of Small Business Owners Say: Survey
A third of small business owners anticipate layoffs if Congress increases the federal minimum wage to $15, according to a new CNBC|SurveyMonkey survey.
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Biden's $1.9 Trillion Covid Relief Package Has Support From 63% of Small Business Owners: Survey
A majority of small business owners support the $1.9 trillion Covid relief package being pursued by President Joe Biden, according to a CNBC survey.
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Pandemic Heats Up State Tax Competition to Attract Businesses and Residents
With tax rates likely to rise, state income, property and sales taxes are big considerations for individuals and businesses in deciding where to locate and work.
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Plan Out Your Success Before Launching Your Side Hustle
The average Millennial reports earning nearly $1,000 per month from their side gigs. Here’s how to formulate a plan for your extra income.
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San Francisco Businesses Teeter on the Brink After a Year of Lockdowns, Fires and Other Hurdles
During the first few weeks of 2021, persistently high virus counts and a slow vaccine rollout have further tested the endurance of San Francisco businesses.
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‘Shark Tank': Why Mark Cuban Called These Founders ‘the American Dream Team' and Gave Them a 6-Figure Deal
“You guys are the American Dream team,” billionaire investor Mark Cuban said to the UnbuckleMe founders on Wednesday’s episode of ABC’s “Shark Tank.” “You’re exactly why people watch this show, because they want to have that idea, they want to come on and be on that carpet.”
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How Small Business Owners Are Coping With COVID-19 Pandemic: ‘It Was My Civic Duty to Be a Part of the Solution'
Coronavirus restrictions are forcing businesses across the U.S. to close their doors and resign themselves to an uncertain fate. A recent Goldman Sachs survey found that more than 50% of small business owners don’t believe they can survive more than three months in the current conditions.
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Delivering Donated Meals to Coronavirus Workers Is Helping Keep These Restaurants in Business
“It came full circle. I could feed people. People are donating. They’re able to sponsor a bowl. That then brings my staff back in to work, and now people have jobs. They feel hope,” chef Joseph “JJ” Johnson, owner of FieldTrip in Harlem, New York City, tells CNBC Make It.