Cash flow management – or more precisely, the lack of it – has long been one of the most lethal problems for Main Street SMBs. But that struggle to keep money flowing through the doors in a timely fashion has only gotten worse with the...
As the old way of doing business went out the window last year, Main Street stores shifted quickly to meet new consumer demand for convenience and comfort by embracing contactless and touchless technologies and by stepping up their online game. While the speed at which small...
There’s been no escaping the wrath of COVID-19, as a mix of shutdowns, mandates and economic disruption have impacted businesses large and small, especially those that rely on having a physical footprint. Rather than quit, these Main Street stalwarts have gone back to the drawing...
Digitization was a salvation for small and medium-sized businesses (SMBs) during the pandemic. Trends such as QR codes, online ordering and deliveries caught on quickly as companies large and small sought ways to keep going about their business. Not only were those trends lifelines for SMBs, they...
With traditional sources of funding proving hard to come by during the height of the pandemic, small and medium-sized businesses (SMBs) responded by investing into digital payment solutions in an effort to speed up their access to capital. According to PYMNTS’ report on the Digital Transformation of Main Street SMBs, those investments have paid off...
Facebook said this week it’s ramping up its support for small and medium-sized businesses (SMBs) owned by women and minorities with an expanded program that offers to buy up outstanding invoices and give entrepreneurs instant access to the funds they’re owed and the cash flow they need. The company has...
At this point, most surviving small and medium-sized businesses (SMBs) on Main Street have already adapted to the realities of the coronavirus and the touchless demands of consumers and have become seasoned practitioners of digital commerce, whether that’s online ordering, curbside pickup or deploying QR codes....
The resilience of Main Street small and medium-sized businesses (SMBs) over the past 18 months has been remarkable, as small businesses have not only survived but adapted, reinvented and thrived, thanks in large part to their embrace of digital commerce. But with the rapid uptake of online selling platforms by SMBs largely in place, Mastercard Global Senior Vice...
In what seems like an interminable rebuilding year for small and medium businesses (SMBs), Labor Day weekend sales — and back-to-school selling that typically precedes the holiday weekend — are seen as leading indicators of their all-important fourth-quarter receipts. As of now, however, much remains...
