Female Small-Business Owners Face Extra Hurdles During Pandemic Shutdowns

Women who run small businesses face a unique set of stressors as the pandemic threatens the viability of their companies. “Women are disproportionately owners of foot-traffic-based companies,” such as salons, spas and retail establishments, said Sarah Gustafson, lead data scientist at Gusto.

Source: USA Today


Op-ed: Here Are Some Action Steps for Small Businesses That Survived the Covid Pandemic

While we continue to wait for a Covid-19 vaccine, millions of small-business owners know this winter will present some challenges. By keeping daily tabs on revenues and cash flow, they can continue to run their businesses while funding their tax obligations and retirement plans. Now is the time to get those plans in place.

Source: CNBC


Small Businesses Discuss Biggest Needs Ahead of New State Funding Round

Business owners in Maryland discuss their unique challenges and needs with new state funding coming down the pipeline, some of which are already promised to other state and county services. Without knowing how long the pandemic will last many businesses don’t know if more assistance is needed or if they should call it quits now.

Source: The Frederick News Post


Huntington Bank Creates New Pandemic Loan Program for Small Businesses

Huntington Bank has announced it has launched a new $25 million lending program. The program will be focused on helping Midwest-based small businesses owned by minorities, women and veterans.

Source: Small Biz Trends


New Survey Finds Nearly Half of Small-Business Owners Don’t See a Need for Physical Stores 

Bluehost released a survey that asked 500 business owners with fewer than 100 employees how they’ve transitioned online, adapted to ecommerce and adjusted their outlooks on future pain points, obstacles and potential opportunities. See the infographic with the results.

Source: Entrepreneur