Tag: small business

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80% of Small Business are Still Waiting for Financial Assistance Loans

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the staff of the Ridgewood blog

Ridgewood NJ, The NFIB Research Center released a survey today on the small business loan programs. Small business owners were asked about the Paycheck Protection Program and the Economic Injury Disaster Loan on April 17, the day after the programs ran out of money. About 20% of submitted applications have been fully processed with funds deposited in the borrower’s account, but 80% of respondents said they are still waiting, and many do not know where they are in the application process.

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Senate Nears Deal on $370 billion for Coronavirus small business loan programs, Hospital Aid and More Testing

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No funding for state and local governments

the staff of the Ridgewood blog

Ridgewood NJ, In a blow to Governor Murphy, Treasury Secretary Steven Mnuchin said earlier Sunday the White House and Congress could reach a deal today on supplemental funding for small businesses. Mnuchin said President Trump is prepared to discuss funding for state and local governments in the next bill while this package focuses on loans to small businesses and hospitals and testing.

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It is Time to Discuss a Regional Plan for Reopening the Economy

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the staff of the Ridgewood blog

TRENTON NJ,  Governors in a handful of Northeastern States held a conference call to discuss a regional plan for reopening the economy when it’s time to lift some restrictions on the public and businesses. NFIB believes it is important to have those discussions now because a huge number of small businesses are in a financial crisis of immense proportions.  While the business owners do want their employees and customers to be safe, a recent survey by NFIB showed most of these companies’ cash reserves could run out in one to two months making reopening not an option.

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Key Factors Of An Efficient SMS Marketing Campaign

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SMS marketing is without a doubt becoming more popular every day due to its efficiency, especially for business owners who are trying to promote their products globally. Because people spend most of their time surfing the internet on their smartphones, targeting potential customers through mobile phones can be quite effective. What is good about Short Message Service (SMS) marketing is that it’s relatively inexpensive and has a high-return system that uses one of the most common communication methods to provide information on the brand to potential customers. So, if you’re looking for an easy, low-cost, and effective marketing strategy, SMS marketing might be just perfect for you. 

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UPDATED Village of Ridgewood : List of Businesses Operating in the Central Business District

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the staff of the Ridgewood blog

 

Ridgewood NJ, from the Ridgewood Guild  a list of businesses operating in the Central Business District :

We are going to try to keep this updated . Are you wondering what businesses are open in town? Here you go!

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Urgent business, employee relief package Needed for New Jersey

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the staff of the Ridgewood blog

MIDLAND PARK NJ,  In light of a business survey that found 45 percent of employers would close within three weeks, and over 83 percent within 11 weeks, Assemblyman Christopher DePhillips said he will work on providing state-level relief for businesses. He says the best way to start is ensuring current-year income will last beyond the pandemic.

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Voters Fear Indefinite Shutdown, Worry Government May Make Things Worse

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the staff of the Ridgewood blog

Ridgewoood NJ, according to Rasmussen Reports ,voters question how long the United States can remain locked down because of the coronavirus, and most share President Trump’s worry that the government may go too far in its efforts to defeat the disease.

A new Rasmussen Reports national telephone and online survey finds that only 36% of Likely U.S. Voters think the United States can afford to remain largely shutdown for an indefinite period of time to limit the spread of the coronavirus. A plurality (46%) believes America can’t afford an indefinite shutdown, while 18% are not sure.

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Business survey shows state not doing enough to save economy, small-business owners

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the staff of the Ridgewood blog

MIDLAND PARK  NJ, The state economy will be facing a deluge of business closings if it doesn’t do more to help employers, according to a COVID-19 Business Impact Survey by Assemblyman Christopher DePhillips.

Of the 121 survey responses, nearly half (45%) will not survive the next three weeks, and one-hundred (83.3%) businesses will be closed by the end of June.

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87% of All Small Business Owners Say Their Business Is Hurting from the Coronavirus

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the staff of the Ridgewood blog

Ridgewood NJ, Around 87% of business owners say their businesses are hurting from the coronavirus, according to WalletHub’s new Coronavirus Small Business Survey, released today. This survey, which follows WalletHub’s report on State Economies Most Exposed to Coronavirus, shows some of the ways in which COVID-19 has impacted business owners’ livelihoods and opinions on topics such as reopening the economy.

Below are additional highlights of the report, along with a WalletHub Q&A.

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Improving Workflow: Management Tips for Law Firms

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Modern companies, especially law firms are consistently looking for new ways to increase their work efficiency and employee productivity. However, only less than 30% have enabled technological innovation for their employees. The rest still follows traditional means of running a law firm and thus, face many challenges in today’s world of technological advancement. Nevertheless, those companies that have implemented innovative software for workflow management in their firms are now delivering good efficiency and workflow.

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Week 2 the Number of NJ residents feeling financially uncertain during coronavirus outbreak rises slightly

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Week 2 of Kearny Bank Economic Health Survey: Number of NJ residents feeling financially uncertain during coronavirus outbreak rises slightly

the staff of the Ridgewood blog

FAIRFIELD NJ,  During the past week, an increasing number of New Jersey residents felt financially uncertain amidst day-to-day constraints related to the coronavirus outbreak. That’s the finding of the second, weekly Kearny Bank Economic Health Survey, which was fielded online from Monday, March 23 through Wednesday, March 25.

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NFIB Survey : 76% of small businesses are negatively impacted by the outbreak of the Coronavirus

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the staff of the Ridgewood blog

Ridgewood NJ,  The NFIB Research Center released the following data today on the impact Covid-19 has had on small businesses:

The NFIB Research Center’s latest survey on the current impact of the Covid-19 outbreak on small business offers a stark contrast from the survey released 10 days ago. The magnitude of disruption now on the small business sector is profound.

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Updates for business and nonprofit employees employees impacted by COVID 19 

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 the staff  of the Ridgewood blog
River vale NJ Important updates for business and nonprofit employees employees impacted by COVID 19  from Alyssa Kaye Dawson Chief of Staff to Assemblywoman Holly Schepisi at State of New Jersey:

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Joseph F LoPresti : Strategic Ways to Accelerate Sales

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As a small business owner, you understand that the business world changes rapidly – It’s always being disrupted by modern technology and innovations. To stay competitive, you need to stay ahead of all major trends that might impact your business.

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BREAKING: Tedesco Rescinds Executive Order Declaring State of Emergency in Bergen County At the Request of the Governor

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the staff of the Ridgewood blog

Hackensack NJ,  Bergen County Executive Jim Tedesco today rescinded his Executive Order declaring a State of Emergency in the County at the request of the Governor.  The County Executive will hold a news conference today – March 19 – at 5:30 p.m. at Two Bergen County Plaza to discuss these recent developments and the next steps he will be taking to protect the residents, visitors and workers of Bergen County.

Tedesco said on Wednesday that he submitted the revised executive order to the Governor for review.  During his daily briefing on Tuesday, Murphy appealed to county and local governments to coordinate with the state. “We will override local and county actions to make sure we are consistent in our approach,” Murphy said.

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