Tag: Small

Ventura again extends small business program closing downtown Main Street to cars

The Ventura City Council has again extended a program in which five blocks of downtown Main Street are closed to motor traffic to allow small businesses hammered by COVID-19 restrictions to expand their operations outside.

Watch: Ventura launches ‘Main Street Moves’ initiative

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The Temporary Outdoor Business Expansion Program, also known as “Main Street Moves,” launched June 16 for 30 days and was initially extended by the council until Sept. 15. The latest extension is until Feb. 15, or until the county’s coronavirus pandemic emergency health order expires, whichever comes first.

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Under the program developed by Downtown Ventura Partners, the business association for downtown merchants, Main Street from the San Buenaventura Mission to Fir Street is only open to pedestrians and cyclists.

Also closed under the program to motor traffic is one block of South California Street between Main and Santa Clara streets.

The

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Ohio treasurer proposing $100 million in small business pandemic relief grants – News – The Columbus Dispatch

AKRON – Ohio’s treasurer wants the state to set aside $100 million in federal pandemic relief funds to provide grants to struggling small businesses hurt by the coronavirus.

The program needs to go through the General Assembly first, get approval by the DeWine administration and then be administered.

And the clock is ticking: The money, which would come from federal aid already given to the state, must be allocated and spent by Dec. 31.

Ohio Treasurer Robert Sprague came to Akron on Thursday to talk about the proposal. The Ohio Business Roundtable, Ohio Restaurant Association, Ohio Chamber of Commerce and others support its creation, he said.

Small businesses across Ohio have been impacted the most by the pandemic, Sprague said.

“As we’ve seen throughout the country, and here in Akron and throughout the state of Ohio, small businesses have been tremendously adversely impacted, whether you are talking about retail, restaurants,

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SBA Awards Up to $3 Million in Grants to Organizations Supporting Small Business Innovation and R&D Commercialization

Bloomberg

Perelman Selling Almost Everything as Pandemic Roils His Empire

(Bloomberg) — Bit by bit, billionaire Ronald O. Perelman is parting with his treasures.His Gulfstream 650 is on the market. So is his 257-foot yacht. Movers hauled crates of art from his Upper East Side townhouse after he struck a deal with Sotheby’s to sell hundreds of millions of dollars of works.He’s unloaded his stake in Humvee-maker AM General, sold a flavorings company that he’d owned for decades and hired banks to find buyers for stock he holds in other companies.What in the world is going on with Ron Perelman? His exploits on and off Wall Street have been tabloid fare in New York since the go-go 1980s. But now, at an age when most fellow billionaires are kicking back, Perelman, 77, is facing a range of financial challenges, most of all at Revlon Inc., his cosmetics giant.Once touted as

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SBA Awards Up to $3 Million in Grants to Organizations Supporting Small Business Innovation …

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Washington, Sept. 18, 2020 (GLOBE NEWSWIRE) — The U.S. Small Business Administration granted 24 awards up to $125,000 each for specialized training, mentoring, and technical assistance for R&D-focused small businesses under the Federal and State Technology (FAST) Partnership Program administered by the SBA’s Office of Innovation and Technology. FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities by increasing participation from women-owned, rural-based, and socially economically disadvantaged small businesses.  

“Our FAST partners address the unique needs of next-generation, high-tech small businesses. The program supports innovative entrepreneurs from underserved communities by helping them start and grow—a primary mission for SBA,” said SBA Administrator Jovita Carranza.  “Programs like FAST are more critical than ever as the SBA is laser-focused

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I’m a 52-year-old small business owner in Oklahoma who’s been on unemployment since February. Here’s how I’m getting by.



a woman smiling for the camera: Amanda Stephenson. Courtesy of Amanda Stephenson; Shayanne Gal/Business Insider


© Courtesy of Amanda Stephenson; Shayanne Gal/Business Insider
Amanda Stephenson. Courtesy of Amanda Stephenson; Shayanne Gal/Business Insider

  • The Unemployed States of America takes readers deep inside the decimated American workforce.
  • Amanda Stephenson is a 52-year-old small business owner from Collinsville, Oklahoma.
  • She ran a small business making and selling cheer uniforms and dance costumes, but hasn’t had clients since February, when many local schools and performances were shut down.
  • On just $189 a week in unemployment benefits, Stephenson says she’s had to sacrifice filling prescriptions, postponed planned dental work, and has been unable to buy school clothes for her son.
  • This is her story, as told to Business Insider.
  • Visit Business Insider’s homepage for more stories.

Since I lost my job, life has been stressful. My husband is still working, but he works for an airline and they’ve indicated layoffs are coming. Before, I’d worked to build up a

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Small Business: How a New Mexico Shop Is Working Out Rent With Its Landlord

Aspen Copies in Los Alamos, NM

Editor’s note: The article is part of a package about small business owners struggling with rent obligations.

Dawn Cline, the owner of Aspen Copies & Office Supplies in Los Alamos, New Mexico, home to one of the nation’s most important nuclear weapons laboratories, is in a precarious situation. She’s always paid her rent on time since moving to the location in 2006, but the pandemic is hurting her sales. Her landlord hasn’t cut her any slack. In May, her rent increased to just over $3,600.

Cline seems like she deserves a break. Because of the pandemic, her revenue is down roughly half compared to the same time period last year. She’s been using a wheelchair for about a decade because of reflex sympathetic nerve disorder. “I’m in 24-7 chronic burning pain all the time,” she says. Her store’s 1940s-era bathroom hasn’t been updated,

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Jakob Hager On How To Reduce Market Cost For Small Businesses

Bloomberg

Perelman Selling Almost Everything as Pandemic Roils His Empire

(Bloomberg) — Bit by bit, billionaire Ronald O. Perelman is parting with his treasures.His Gulfstream 650 is on the market. So is his 257-foot yacht. Movers hauled crates of art from his Upper East Side townhouse after he struck a deal with Sotheby’s to sell hundreds of millions of dollars of works.He’s unloaded his stake in Humvee-maker AM General, sold a flavorings company that he’d owned for decades and hired banks to find buyers for stock he holds in other companies.What in the world is going on with Ron Perelman? His exploits on and off Wall Street have been tabloid fare in New York since the go-go 1980s. But now, at an age when most fellow billionaires are kicking back, Perelman, 77, is facing a range of financial challenges, most of all at Revlon Inc., his cosmetics giant.Once touted as

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How Covid-19 Is Accelerating Digital Transformation for Small and Medium Businesses

I​ think we can all agree that Covid-19 has been a defining moment of this year as it has shifted everything from how we live our lives to how we do business. The transformation has been far-reaching, but it’s mostly impacted the way small and medium-sized businesses operate online. When regulations shifted, and measures had to be put in place to contain the spread and protect public health, the environment changed, accelerating a digital transformation and pushing businesses to go online even if it was something they hadn’t previously considered.



a laptop computer sitting on top of a table


© Christina Reichl Photography | Getty Images


Related: 5 Simple Steps to Digitally Transform Your Business

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By pushing the boundaries of how and where we can do business, the Covid-19 pandemic has forced entrepreneurs to look at digital media in a new light. It proved that digital media isn’t only for social media brands and influencers. It is

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Small Business Training Week 2020 focuses on future growth | Article

REDSTONE ARSENAL, Ala. — The Department of Defense Office of Small Business Programs held its annual business training virtually this year in response to the coronavirus pandemic with a message of rebuilding for future growth in small business contracting.The event’s message and theme — Refocus. Rebuild. Resilient — was created as small businesses reel from the effects of COVID-19, said Thaddeus Martin, director of the Office of Small Business Programs at Army Materiel Command Headquarters.“Small Business Training Week 2020 was an opportunity to refocus our efforts on the small business community by learning the best practices to help rebuild and reemerge as more resilient and better-equipped to withstand future economic impacts,” he said.Despite the virtual event, Martin said attendees were inspired and engaged by a notable roster of speakers and variety of interactive breakout sessions.“This event provided attendees insights on developing effective and efficient acquisition strategies, best practices in market

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How to Promote Your Local Small Business

There are many ways for a small business to market nationally and internationally. Digital products can be downloaded from almost anywhere in the world, and digital marketing options abound to deliver products wherever shipping companies operate. However, local businesses must be able to market their products and services within their marketplace, especially when borders close and multinational companies make it difficult for small businesses to compete on the world stage.

The solution is to promote your small business by engaging in local business marketing.

What is local business marketing?

Local business marketing is the strategy of marketing your business’s products or services within your community. This type of marketing is common for restaurants, bars, grocery stores, bank branches, clothing stores and other brick-and-mortar businesses that serve local communities.  

Importance of local business marketing

Local businesses have a lot of competition, both down the street and online. Most products are available

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