Small Business

Kevin O’Leary told CNBC on Friday the coronavirus crisis has shown that remote working is good for employees and a business’s bottom line.  “Productivity is significantly higher when you give people what they want,” the “Shark Tank” investor said on “Squawk Box.” ”Maybe they’re taking care of an aged parent, maybe they’re raising kids, maybe they don’t want to
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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
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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
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New Jersey restaurant owner Chris Clayton told CNBC on Friday that giving businesses the green light to reopen during the coronavirus pandemic does not guarantee their survival.  “Open is a four-letter word,” Clayton said on “Squawk Alley.” ”Just being open doesn’t mean that you’re not going to go under. You need to be open enough, especially for
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Assistant store manager Jesus Alvarez rings up groceries from behind a new plexiglass barrier at Ralphs Kroger grocery store after California issued a stay-at-home order in an effort to prevent the spread of coronavirus disease (COVID-19), in Los Angeles. Lucy Nicholson | Reuters The U.S. small business relief program may be changed to allow borrowers
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Tracy Singleton, owner of Birchwood Café in Minneapolis, Minnesota, remains cautious about reopening. “I don’t feel safe having people walk into my environment yet,” she says. Tracy Singleton Like many small business owners, Edgar Comellas, owner of Aces Wild Entertainment in Florida, has seen business grind to a halt since March. His company, which arranges
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CNBC’s Jim Cramer said Wednesday that governments forcing some retailers to close and others to stay open was “somewhat rigged” and has permanently damaged smaller businesses.  “If you were Walmart, the thing you would most want to do is have the government shut down your competition, and that happened,” Cramer said on “Squawk Box.”  Cramer’s
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The coronavirus pandemic caused an unprecedented jump in job losses, but the worst may be over, at least for now. After spiking more than 1,000% in March, layoffs among small business leveled off last month, according to exclusive data compiled by human resource provider Gusto and based on more than 100,000 small businesses nationwide. “We are no
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Magic Johnson Getty Images With the future of small businesses in urban communities at risk, former National Basketball Association great Magic Johnson has stepped in to offer assistance. Johnson, the CEO of Magic Johnson Enterprises, collaborated with MBE Capital Partners to offer $100 million in loans to minority- and women-owned companies hurt by stay-at-home orders
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The Store Fanelli is seen shuttered due to COVID-19 pandemic on April 20, 2020 in New York City. Eduardo Munoz | VIEW press | Getty Images Of small and medium-sized businesses that have been forced to shut down during the coronavirus pandemic, more than half of owners surveyed by Facebook said they won’t rehire the
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As cities and states begin to reopen for business, franchisees are laying out their plans for operating in a new socially distanced world, where coronavirus remains a risk. Beyond worrying about the safety of workers and guests, there are potential liability concerns and the biggest question of all: will consumers feel safe enough to patronize restaurants,
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Reopening the economy may mean a lot more plexiglass. Those clear partitions, that have lined checkout counters in essential businesses like grocery stores and pharmacies during the coronavirus outbreak, could be a post-pandemic norm. Stay-at-home orders have already started lifting across the country, with nonessential businesses, like nail and hair salons, and major retailers like
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Getty Images Twenty million children attend camps in the U.S. every summer, fueling the $18 billion camp industry. With summer just a little more than a month away, camp directors are still deciding if it’s safe for camps to operate amid the coronavirus pandemic. And parents are equally concerned. On Thursday the Centers for Disease
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