Small Business

Small caps just had a big week. The Russell 2000 index climbed almost 8% last week as the health-care-heavy group caught a bounce from positive news on the biotech front regarding a possible coronavirus vaccine. The S&P 500 rose just over 3% in the same time frame. And the group’s exposure to the health-care space isn’t

As more businesses reopen amid the coronavirus pandemic, dental practices are considering enhanced measures to clean their facilities and equipment, as well as protect their patients and staff.  One of these tactics involves the use of ultraviolet light to sanitize the air, surfaces and equipment in dental offices. Disinfecting with UV light products is widely

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

Dr Greg Gulbransen performs a medical checkup on a 72-year-old man with Leukemia who is presumed to have the coronavirus disease (COVID-19) while at his pediatric practice in Oyster Bay, New York, U.S., April 13, 2020. Lucas Jackson | Reuters Dr. Rafael Guillen spends a lot of time on the phone these days. His practice

Since late April, states across America have started to reopen, allowing for businesses to open their doors with restrictions.  In states like Alabama, Colorado and Florida, for example, retail stores are able to reopen at limited capacity. In others, like Idaho and Kansas, gyms have reopened with precautions in place. But even when business owners get

Self-employed people who borrowed from the Paycheck Protection Program may have a tough time getting the full balance forgiven. The PPP is a federal forgivable loan program that was established by the CARES Act. It’s intended to cover up to eight weeks of wages, mortgage interest and other expenses for business disruptions during the coronavirus

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

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

Workers are back on the job at the the construction site of new towers near Government Center in downtown Boston on May 19, 2020. As the state economy cautiously begins to reopen, construction projects resume. (Photo by Lane Turner/The Boston Globe via Getty Images) Boston Globe Another round of coronavirus relief for Americans may hinge

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

While government aid initiatives like the Paycheck Protection Program have helped small businesses, frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on loan forgiveness and how to use the funds appropriately to avoid being on the hook for repayment, a new survey shows. As the Covid-19

Navigating the economic fallout from the coronavirus pandemic has not been easy for small businesses. Fashion designer Rebecca Minkoff is no exception. “It’s the longest, most exhausting days of my life,” said Minkoff, 39, and the co-founder and creative director of her own fashion line. “I want to scream a lot, but I have to stay

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

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

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

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. 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 due

A worker for United Parcel Service Inc. (UPS) makes deliveries on a street with closed stores in the Borough Park neighborhood in the Brooklyn, New York, April 7, 2020. Stephanie Keith | Bloomberg via Getty Images Of small and medium-sized businesses that have been forced to shut down during the coronavirus pandemic, more than half

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,

Small-business owners who borrowed from the federal Paycheck Protection Program program can now apply for loan forgiveness. Getting the balances erased may be easier said than done. The PPP loan, which was established by the CARES Act, is intended to cover up to eight weeks of wages, mortgage interest and other expenses. The amount borrowed

Public companies that took advantage of the government’s small business loan program are likely to avoid repercussions from the agencies running the effort, according to legal experts. Businesses have until May 18 to return funds taken from the Paycheck Protection Program with amnesty,  but most of the public companies that got PPP loans are keeping