Sunday, April 5, 2020

The Week in Business: Grim Numbers Get Even Worse - The New York Times

There's no way to sugarcoat what was a truly dismal week, and prospects aren't much better for the next one. Here's what you need to know to gear up for the days ahead. Be safe out (or, I should say, in ) there. — Charlotte Cowles

We knew that the latest report on jobless claims would be staggering, but it was even worse than predicted . More than 6.6 million people filed for unemployment from March 15 to March 21, almost double the record-setting number from the previous week. The total job losses for the past two weeks add up to nearly 10 million — roughly 6 percent of the American work force. It's a brutal end to a landmark run of job creation that has lasted more than a decade , and things are about to get uglier.

Date: 2020-04-05T11:00:09.523Z
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Not to change the topic here:

Women a driving force in business world – Okemah News Leader
Publisher: Okemah News Leader
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Dane County increases pandemic support funding for small business due to huge demand

MADISON, Wis. — Dane County Executive Joe Parisi announced Saturday that more funds will be made available for small businesses due to the coronavirus pandemic.

On Wednesday, the Small Business Pandemic Support Grant Program launched with $250,000 available for local businesses that have been impacted by the pandemic. Parisi said the fund will now have $800,000 worth of grants to give to local businesses in need.

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"I'm pleased to be able to increase funding for the Dane County Small Business Pandemic Support Grant Program to help more small businesses stay afloat during this challenging time," said County Executive Joe Parisi. "We want local businesses to know we stand with them and support them. We encourage small business owners throughout Dane County to apply for this funding to help retain employees and cover expenses."

Publisher: Channel3000.com
Date: 2020-04-05T17:51:05 00:00
Twitter: @WISCTV_News3
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How To Quickly Capture Today's Untapped Business Opportunities

You know there's a promising business opportunity when you see people ready to spend their money but ... [+] can't find anyone to take it. Here's how to quickly capture today's untapped business opportunities even without an exceptional solution.

During an economic downturn, if you look close enough, there are always industries that are doing better than they ever did. What's interesting is that despite the economy's negative impact on buyers' purchasing power, the demand for certain companies' products is so high that even the leaders of the industry cannot keep up with demand.

Publisher: Forbes
Date: 2020-04-04
Author: Abdo Riani
Twitter: @forbes
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Were you following this:

Jacksonville City Council to consider small business relief program

Mayor Lenny Curry tweeted over the weekend that the Jacksonville City Council on Monday will consider the small business relief program legislation that he announced last week.

"I'm pleased that 17 of my colleagues on the City Council have agreed to co-introduce this legislation with me," Curry posted Sunday on Twitter.

In addition, the City of Jacksonville tweeted that more details regarding the program in partnership with VyStar Credit Union will be announced Monday. According to a city spokesperson, the legislation is written to encourage businesses to keep their employees.

Publisher: WJXT
Date: 2020-04-05T21:11:47.604Z
Author: Brittany Muller Tarik Minor Colette DuChanois
Twitter: @WJXT
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Go Ahead and Start a Business — But Don’t Quit Your Day Job

To many, starting your own business means leaving your job and your company behind. But many of the smartest professionals recognize that you can — and quite possibly should — keep both. The combination teaches you more, and faster, than would otherwise be possible, and enables you to custom-craft a career that’s uniquely interesting and meaningful to you.

Many professionals dream about becoming their own boss — a full 62% of Americans, according to one survey . They often envision the classic image of entrepreneurship: triumphantly giving one's notice, and then pounding the pavement to hunt for clients. But that "all or nothing" strategy is needlessly high risk and, almost always, is the wrong path forward. Instead, the correct answer to " Should I become an entrepreneur? " is two-fold: Go ahead and start your business.

Publisher: Harvard Business Review
Date: 2020-04-03T12:15:56Z
Twitter: @harvardbiz
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Scam targets small-business owners seeking payroll relief — Business

U.S. Sen. Susan Collins’ office is warning small-business owners of another emerging scam targeting those who are seeking payroll relief through the new Keeping American Workers Paid and Employed Act.

"This scam is another reminder of how ruthless criminals are in seeking to steal from hard working Americans during a time of economic hardship," Collins said in a statement.

Collins, a Republican, worked on the business relief package as part of the Small Business Task Force, along with U.S. Sen. Marco Rubio, R-Florida, Ben Cardin, D-Maryland, and Jeanne Shaheen, D-New Hampshire.

Publisher: Bangor Daily News
Twitter: @bangordailynews
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A New Era for the Parkland Business Community | TAPinto

PARKLAND, FL- A new era of business communication has been ushered in by the Coronavirus. Whether people were already technologically inclined or whether they've been forced into it as a last resort, social distance-supporting technology is now at the forefront of business, social, and governmental progress.

The Parkland Chamber of Commerce hosted its first "Virtual" Monthly Meeting on Wednesday, and the response was overwhelmingly positive. The event featured a number of prominent figures in local government, including Congressman Ted Deutch, Mayor Christine Hunschofsky, and Commissioner Michael Udine. Stephen Tinsley of the Broward Small Business Association was also featured.

Publisher: TAPinto
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