Small Business

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

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

Amaurys Grullon (L), founder of Bronx Native, and Josue Caceres (R), brand manager. Caceres caught coronavirus and was in a coma for 11 days. Spencer Kimball | CNBC Josue Caceres remembers waking up in a hospital bed. He tried to get up and go to the bathroom, but he was so weak he fell and

Agatha Kulaga, co-founder and CEO of Ovenly Source: Agatha Kulaga There’s no doubt the coronavirus pandemic has hit small businesses hard. For some, like retail and wholesale bakery Ovenly, it meant completely shutting down their operations. The New York-based business had to lay off its entire staff of 66 employees, said Agatha Kulaga, the co-founder and

Growing up, Brett Kenzy didn’t like working on his family’s cattle ranch farm in Gregory, South Dakota, about 160 miles west of Sioux Falls. “I hated it. I resented that I had to work all the time,” Kenzy, now 48, tells CNBC Make It. But Kenzy’s father, Ralph, a third generation cattle rancher, always told

Restauranteur Geoff Tracy sits for a photograph at Chef Geoff’s restaurant in Washington, D.C., U.S., on Thursday, March 26, 2020. Images Andrew Harrer | Bloomberg | Getty Images Many business owners who want to cash out and retire are worried they won’t be able to do that for years because of Covid-19. Nothing could be

Billionaire entrepreneur Mark Cuban told CNBC on Thursday that he believes the stock market is overvalued, citing the uncertainty around consumer spending due to the coronavirus pandemic.  “I think it’s almost impossible to predict where consumer and corporate demand is going to come from,” he said on “Closing Bell.” ”And because of that, it’s hard to create a valuation

Business owners who borrowed less than $2 million from the Paycheck Protection Program can breathe a little easier: They likely won’t face an audit from federal authorities. The PPP — a forgivable loan program that allows small businesses to cover up to eight weeks of payroll costs, mortgage interest and other expenses — was refilled

Offices of Cutera Inc. in Brisbane, Calif. Google Earth The largest public companies that tapped the government’s emergency relief fund for small businesses nearly all had ready access to other forms of capital, according to a CNBC analysis of filings. Even amid the upheaval caused by the coronavirus pandemic, these companies raised millions of dollars

People are reflected in a closed store window, as the spread of the coronavirus disease (COVID-19) continues, on Main Street near the Breckenridge Ski Resort in Breckenridge, Colorado, U.S., April 13, 2020. Shannon Stapleton | Reuters Lia Hakim was excited to get her $292,000 loan from the federal Paycheck Protection Program to cover payroll at

The coronavirus-induced economic shutdown has left millions across the U.S. jobless, with business owners struggling to remain open and unsure how to move forward. Because of this, the financial savvy investors on ABC’s “Shark Tank” shared a few pieces of advice during Friday’s episode – including how to save, handle rent and remain productive at home

Billionaire entrepreneur Mark Cuban told CNBC on Monday that coronavirus safeguards in place at the White House need to become the norm before most Americans will feel comfortable going out again. “We have to get to that point where the White House standard becomes the national standard, I think, in order for consumers to feel safe going out,

A woman using her laptop to work from home. 10’000 Hours For many people, starting a company in the midst of a global economic crisis is the last thing on their lockdown to-do list. But it might not be such a crazy idea. According to entrepreneurs and start-up investors CNBC spoke with, now might even

boonchai wedmakawand Coronavirus scams are on the rise — and thieves are targeting your financial relief from the government.  Federal agencies like the IRS, Federal Trade Commission, Social Security Administration and FBI have warned consumers and business owners in recent weeks to be vigilant as fraudsters try to take advantage of them during the coronavirus pandemic.

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 Minority, women-owned and rural small businesses may not have received loans under the Paycheck Protection Program because the Small

Kevin O’Leary told CNBC on Thursday that he believes around 20% of small businesses that received federal loans to weather the coronavirus pandemic won’t ultimately survive.  “They’re going to go bankrupt because this loan provision is really a Feb. 15 to June 30 event and if you haven’t figured out alternate distribution strategies by then, you

For the past several years, restaurants have added more than half a million seasonal jobs in the summer as consumer spending ticks up and tourism bolsters business. But the coronavirus pandemic has forced the industry to change the way it operates, leaving questions about what the future looks like and how many jobs will be available

Fashion designer Rebecca Minkoff is on a mission to help female entrepreneurs through the coronavirus pandemic. “Right now is a trying time for small businesses and women in general,” said Minkoff, 39, and the co-founder and creative director of her own fashion line.  “We already are set up, you know, making 80 cents on the

Odds are the screen you are using to read this was hauled in a truck at some point.  More than 70% of freight in the U.S. is moved by truckers, making the job an essential part of the economy.  Eight years ago, April Coolidge decided in her mid-40s to stop selling real estate and start

Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic on Thursday, April 02, 2020 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post The Small Business Administration is applying