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Five Fast Facts On The SMB Scene As 2020 Turns Into 2021

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Small and medium-sized businesses (SMBs) have unfortunately found themselves at or near the top of COVID-19’s 2020 hit list. Main Street SMBs across the board are fairly optimistic about the return to normal in the economy – largely premised, it seems, on the recent news of vaccine development. Lockdowns Are Anticipated … and Feared .

On-Demand 112
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Retailing 2020: Five Things To Watch

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The balance of 2020 will be notable for what Amazon does not do. If Amazon sees any M&A deals this year, it will likely be on the infrastructure side: shipping, return platforms and payment mechanisms. Nike will end 2020 as a consistent retail force, commanding respect for more than the shoes. The Digital Shift.

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IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct

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The advocate also said in the report that examinations on individual tax returns fell to 5,013 from April 1 to June 1 this year compared to 14,188 during the same time last year, marking a 65 percent fall. It also announced the suspension of all in-person meetings in ongoing examinations,” the advocate said in the report.

Audit 69
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Does The Merchant And Consumers' Disconnect On The Pandemic’s Length Signal Trouble?

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And nearly a quarter of SMBs (24 percent) report their financial situation has improved since COVID-19’s dark early days when widespread shutdowns were taking effect. economy hit another round of shutdowns as summer gives way to fall and colder temperatures sweep the country. But the good news comes with a few caveats. In fact, 39.3

Consumer 111
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KKR Agrees To Purchase 1-800 Contacts From AEA Investors

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contended with stay-at-home mandates and closures due to pandemic earlier in 2020. During the peak of the COVID-19 shutdown, the company experienced a 100 percent year-over-year increase in new and returning customers,” according to the announcement.

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Adapting To A Hybrid Future

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2020 will be the year when businesses invest in filling their information and skill gaps to take advantage of digital commerce.”. Unfortunately, this extended period of shutdowns and slow economic activity means fewer businesses will be around in the latter half of the year.

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China Extends Economic Stimulus Measures For Small And Micro-Businesses

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Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. China’s economy returned to growth in the second quarter and is now the only leading economy to show significant growth in 2020, with GDP growing 0.7%

Economy 69