Facebook and other large businesses have an important role to play in helping small businesses not just survive the pandemic but thrive.
The National Bureau of Economic Research reports that over 100,000 small businesses have permanently closed operations since the beginning of the COVID-19 global health crisis. Though the external factors leading to such widespread displacement are not within an entrepreneur’s control, good financial practices can help to mitigate damage and keep businesses stable during times of crisis. To counter such troubling economic times, we have listed some habits entrepreneurs can build in order to maintain good financial health.
US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) in conjunction with CVS Pharmacy, Cynet Systems, Dayblink Consulting, Denny's Hungry For Education, MSL Express Inc, Trane Technologies, and Whang Family CRUT is proud to announce the 2021 recipients of the College Scholarships.
Words of Appreciation from our Attendees!
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
Most entrepreneurs dream of scaling their business. However, scaling your business is not a walk in the park. Along the way, you’ll face a lot of competition and challenges that might hinder your business growth plans. In this post, we’ve listed below some tips to help ensure the success of your expansion plans.
We have a plan and a calendar of events for the new year, built on the foundation of a super active 2020 which, despite Covid-19, concluded with a very strong close in December. Our experiences and accomplishments these past 10 months further bolstered the foundation for our work in the future, especially helping small businesses recover from the health and economic disruptions of the pandemic.
“How are CIOs/CTOs coping with the challenges of their evolving roles,” The role of the CTO and CIO has evolved to engage the entire business and organization, no longer working in silos.
As the cost of living continues to rise, more people are exploring new ways to start to reach financial independence — and it’s easy to understand why. A huge gap exists between the amount of money most professionals make and the amount they need to lead comfortable lives. And this makes it imperative for them to either work longer hours, work two jobs, or in some cases seek greater financial freedom through their own business ventures.
In early April, as many small businesses scrambled to keep their businesses open, the U.S. Small Business Administration (SBA) and U.S. Treasury Department rolled out the Paycheck Protection Program (PPP). If you are a PPP loan recipient, here are some key things to remember as you prepare to apply for loan forgiveness.