Businesses

Black-Owned Health and Wellness Businesses to Support Now and Always

As the country is still grappling with the tragic death of George Floyd and the ongoing protests in its wake, musician and activist Calvin Martyr has launched #BlackOutDay2020 on July 7. This campaign calls for an economic boycott where the Black community pauses on buying to highlight their economic spending power. If they do spend money, they are encouraged to buy from Black-owned businesses only.

Just like the fashion and beauty industries, the wellness and health space is full of brands that are founded and run by Black women and men. Whether they’re selling aromatherapy candles, producing fitness-minded podcasts or shattering stigmas of what it means to be “well” for Black women, each of these companies was once just a dream and is now a hard-earned reality.

But don’t just shop these Black-owned businesses today, or this week. Support them regularly, engage with them on social media and spread the

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Small businesses need ‘flexible repayment solutions’ to survive next 18 months

Photo: Dominic Lipinski/PA Wire/PA Images
Photo: Dominic Lipinski/PA Wire/PA Images

Small businesses need “flexible debt repayment schemes” in order to survive the next 18 months, a leading industry report claims.

The quarterly SME lending monitor, by online business funding marketplace Funding Xchange, highlights the need to address the stresses currently experienced by up to 40% of the businesses who have borrowed from alternative lenders.

Funding Xchange is an online portal which directs small businesses unable to access funding from their high street bank to other lending providers.

The data shows two out of every five businesses that currently have loans from “alternative lenders” are now in discussion with the lenders, as they are struggling to fulfil their repayment programmes as a result of the coronavirus lockdown impact.

“Alternative lenders” have provided another option for business who are unable to access funds from their high street bank.

They established themselves following the last financial crash, as

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Small businesses need ‘flexile repayment solutions’ to survive next 18 months

Photo: Dominic Lipinski/PA Wire/PA Images
Photo: Dominic Lipinski/PA Wire/PA Images

Small businesses need “flexible debt repayment schemes” in order to survive the next 18 months, a leading industry report claims.

The quarterly SME lending monitor, by online business funding marketplace Funding Xchange, highlights the need to address the stresses currently experienced by up to 40% of the businesses who have borrowed from alternative lenders.

Funding Xchange is an online portal which directs small businesses unable to access funding from their high street bank to other lending providers.

The data shows two out of every five businesses that currently have loans from “alternative lenders” are now in discussion with the lenders, as they are struggling to fulfil their repayment programmes as a result of the coronavirus lockdown impact.

“Alternative lenders” have provided another option for business who are unable to access funds from their high street bank.

They established themselves following the last financial crash, as

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Four Ways Small Businesses Can Cuts Costs

While running a business is often a juggling act of different roles and tasks, the one constant is the job of managing the capital used to fund it all. Regardless of what larger social or economic issues might be at play at any given time, effectively managing your business’s expenses and investments is the best way to ensure that it can continue to grow and evolve in the future.

While there are a number of items that business owners monitor in order to more effectively allocate their capital, what follows are four areas that any business can target to cut unnecessary or wasteful spending.

Manage Resources Strategically

At its core, owning and operating a small business is about managing resources. From the talent on staff to the equipment and materials used in production, business owners are trained to make sure all of their resources are allocated optimally.

Of course, after

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Billions of dollars in aid for small businesses go unclaimed

NEW YORK (AP) — Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications for loans.

Business owners and advocacy groups complain that the money in the Paycheck Protection Program was not fully put to work because the program created obstacles that stopped countless small businesses from applying. For those that did seek loans, the ever-changing application process proved to be an exercise in futility.

“It was a flawed structure to begin with,” said John Arensmeyer, CEO of Small Business Majority, an advocacy group. “It favored established businesses. It was set up to give money to people with strong banking relationships.”

The program’s shortcomings also made it more difficult for minority businesses to get loans, according to a report from the Center for Responsible Lending, a research

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Britain’s biggest businesses make net zero pledge

Severn Trent boss Liv Garfield - Heathcliff O'Malley
Severn Trent boss Liv Garfield – Heathcliff O’Malley

Some of Britain’s biggest business have committed to cut their carbon emissions to net zero by 2040 as the UK gears up to host crucial international climate talks next year. 

EasyJet, Pearson, Deloitte, Standard Chartered, Unilever and Severn Trent are among almost 50 public and private companies making the pledge ahead of a major meeting on Monday between ministers and business leaders to discuss how businesses can help protect the environment. 

The UK has a legally binding target of reaching net zero emissions by 2050, and ministers are keen to set an example as the UK gears up to host the 26th United Nations Climate Change Conference (Cop 26) in Glasgow next year. 

The conference had been due to take place this year but was delayed due to the coronavirus pandemic. 

The more than 200 business leaders attending today’s online meeting will

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Many Charlotte businesses favor new mask mandate but some wary about enforcing it

Even as some Charlotte-area business support the new statewide mask mandate as novel coronavirus cases spike in North Carolina, others worry that enforcement could be a problem.

When Gov. Roy Cooper extended Phase Two of the safer-at-home order on Wednesday for at least another three weeks, he mandated a statewide face mask rule to help stop the spread of COVID-19. Face coverings will be required for everyone when they are out in public effective at 5 p.m. Friday.

Enforcing the rule largely falls on businesses to have all employees and customers wear face coverings inside and follow six feet of social distancing.

Businesses can be cited for failing to enforce the requirement. If a person refuses to wear a face-covering inside a business or organization attempting to enforce the order, law enforcement can enforce trespassing laws, according to the order.

There are a few exceptions, such as medical, or behavioral

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Bensalem Businesses Prepare For Green: What To Expect

BENSALEM, PA — Mall rats of Bensalem, rejoice! Neshaminy Mall is just one of the local spots that will be opening its doors Friday, when Bucks County moves into the more lenient green phase of Pennsylvania’s coronavirus plan.

“We’re opening Friday, June 26 and taking the necessary steps to ensure you have a safe and worry-free visit,” mall officials wrote in a social media post. “We’ve missed you!”

Get the latest news in Bucks County by signing up for Patch news alerts.

The mall is just one of many businesses in Bensalem gearing up for changes as the county takes a step toward normalcy. And, like other Bensalem businesses, they’ll be doing things a little bit differently than before.

Brookfield Properties, which owns Neshaminy Mall, said it will be limiting the number of customers allowed inside to aid social distancing, has added hand sanitizer stations and rearranged food court seating

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Find & Support Black-Owned Businesses With These Apps & Websites

Following the police killing of George Floyd last month, protests have broken out across the country. We encourage everyone to join the fight by marching in local protests, signing online petitions, donating, and calling your elected officials, but there’s another way to fight systemic racial inequality, and that’s by putting your money where your mouth is. Make a commitment to support Black-owned businesses in your area.

Right now, Twitter users are asking their friends and followers to share their own or their favorite Black-owned businesses. While sifting through social media responses is one way to find spots to support, there are a lot of tweets containing the phrase “Black-owned businesses.” So if you’re looking to find a Black-owned business quickly — perhaps in time for take-out dinner tonight — there are also many useful resources online and in the app store that can help.

Ahead are top-ranking websites

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