We asked small business owners how their businesses are faring in the wake of the coronavirus. Here's what we found out. Small business owners are facing the stark reality that their livelihoods are in jeopardy. Nearly 62% of small business owners who participated in a new online business.com survey said their businesses have just two months or less in the current economic conditions before they go under. Already, 73% of respondents have seen their revenues drop by more than 50%, and 43% have...

To keep their businesses afloat, brick-and-mortar retailers are looking for new ways to reach customers in their homes. Many business owners have recently pivoted their operations from brick and mortar to e-commerce, relying on shipping and curbside pickup to keep revenue coming in. While this might seem like a temporary fix, experts believe the virus may have fundamentally changed some aspects of small business in America, especially for businesses with physical locations. According to Gabe...

If you have hourly employees on your staff, you're going to want an accurate count of the hours they put in. Nearly every company can use a good timeclock, though what makes one better over another depends largely on a business's needs. Time fraud is a common enough occurrence among employees that GPS or biometric-enabled timeclocks can potentially save a business thousands of dollars in lost wages. In our research, we found timeclocks were largely affordable, with some options that are...

Some banks have eliminated physical branches in favor of computers and mobile devices. Is such an option good for businesses? Though online-only banks can be traced back to 1989, the services we know today started in 1995. Online-only banks offer convenience, giving business owners the ability to access a bank account on a mobile device or computer. They also charge zero to low fees and have strong security measures. While online banks can be great solution for many small businesses,...

You need an accurate record of when your employees are on the clock. Here are some apps that can help. Timeclocks have evolved over the years into mobile, tech-friendly iterations that can be accessed anywhere. Businesses of any size can benefit from a good timeclock app, though which one is right for you depends on your enterprise. Accurately tracking how long your employees are on the clock, as well as where they are each day, can save your business thousands of dollars a year. When the...