Online business is booming—nearly 30% more people are shopping online this year compared to last. As more consumers look to the computer instead of the shops to buy what they want, more organizations are shifting their focus to selling online. Unfortunately, while there are tons of great tools to create a professional small business website,…
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The Alarming Increase in Credit Card Debt and Fraud
Credit card debt and card fraud are complex issues that continue to become more common. Whether we evaluate the past five years or even look at projections, we see an alarming increase in debt and fraud both in the United States and worldwide. Because this is a prevalent issue in society, preventive measures are encouraged…
4 Hiring Trends Affecting Women & Minorities That Employers Need To Follow in 2021
Hiring today versus 10 years ago looks vastly different, and the landscape continues to evolve. Companies focus on hiring women and minorities more than ever before, as diversity becomes a primary focus in the workplace. The growing trend of using artificial intelligence (AI) in the hiring process and specific challenges and trends within these two…
3 Reasons CBD Will Overtake THC in the Legal Cannabis Market
The $13.6 billion legalized cannabis industry is booming; it’s projected to grow to a whopping $85 billion in sales in 2030. But not all cannabis products are the same. There are two major types cannabis-derived products: THC-based: Made with tetrahydrocannabinol, the primary psychoactive component of cannabis. THC gives the user a “high,” and is far…
7 Surprising Business Search Trends During COVID-19
The coronavirus has changed everything. Nothing is business as usual anymore, and nothing will ever be back to “normal” again. And, while businesses across the country are finally re-opening, people have had to find various ways of adjusting during these endless months of quarantine. Fit Small Business, a leading digital resource catering to small business…
10 Creative New Business Ideas Started During the Pandemic
From virtual team-building campfires to quantum leaps in AR technology, the coronavirus has motivated some enterprising business owners to think outside the box. And many entrepreneurs are not letting the pandemic or recession stop them, with 500,000 new employer identification number applications submitted since mid-March. A depression or recession can paradoxically be a great time…
Best and Worst States for Businesses to Survive the Pandemic
Our 50-state analysis shows that business owners in Ohio (which ranked #1) were best situated to weather the economic turmoil of the COVID-19 pandemic. Those in New York (#50) fared the worst. Fit Small Business surveyed every state using metrics including overall financial health, infection rates, emergency reserve totals, and consumer confidence to determine in…
Top 10 Entry-Level Jobs for College Grads in the COVID-19 Era
For new college graduates, entering the workforce now is daunting, to say the least. According to the latest U.S. Bureau of Labor Statistics report, the U.S. economy lost an unprecedented 20.5 million jobs in April, with an almost 15% unemployment rate. However, the current crisis has hit specific industries harder than others, and demand has…
Best (And Worst) Industries to Survive COVID-19: The Winners and Losers of This Pandemic
COVID-19 has wreaked havoc on industries across the country, but not everyone is losing money. With total travel spending in the US expected to plummet $355 billion this year, sectors like hotels and airlines are hemorrhaging revenue and jobs. On the opposite end of the spectrum, work technologies like video conferencing are seeing incredible gains…
6 Ways COVID-19 is Reshaping Dining
You could say that restaurants were born to adapt to crises. The first restaurant was established after the social disorder of the French Revolution, after all. The 1918 Flu Pandemic gave rise to many of the sanitation standards restaurants live by today, as well as the National Restaurant Association. We all know that restaurants are…
5 Ways COVID-19 Is Transforming the Shopping Experience
COVID-19 has driven 158 million Americans to stay indoors forcing us to adjust the way we shop—64% of those polled indicate that, where open, they are avoiding shopping locations altogether. On the flip side, ecommerce is booming with supermarkets witnessing a 161% increase in online sales. There are some silver linings out there as you…
10 Ways to Prepare Your Small Business During a Pandemic
It’s a brave new world out there, and businesses haven’t been to this pandemic rodeo before. COVID-19 has no doubt sent CEOs, HR managers, and employees scrambling to revisit their official business procedures in the case of any emergency. Things got even crazier when the World Health Organization (WHO) announced that the coronavirus is now…