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What Your Business Needs to Survive


Can my business reopen / continue to survive in the pandemic?

One of the greatest questions every business owner is asking themselves is whether their business will survive this pandemic. At one point or another, all businesses have experienced this stressful question. Finding ways to resuscitate your business and keep it growing is not an easy task by any means (here in 2020), but there are many variables that can be used to propel your business forward instead of holding it back. Being able to identify your obstacles is the first line of defense against letting them keep your business from building back up. 

Financing

The biggest obstacle most businesses are facing as they plan to reopen is financing. Even businesses that have remained partially open during the crisis have likely seen a hit to their revenue, and many now need help covering basic expenses like rent and utilities before they can ramp back up.

Look at your numbers and figure out the bare minimum you need to get things going again. If you can’t do this all yourself, hire a financial consultant until you can afford bringing on a full time accounting staff. As for the source of the funding, consider whether you have access to any of the assistance from federal aid or the U.S. Small Business Administration. If you are one of the businesses who do not have those options left, or need more assistance than they are able to provide, that is where we can help you to navigate. 

Initial Staffing Requirements

If you’re one of the many businesses that had to lay off or furlough employees during the crisis, you may not be able to bring them all back at their full capacity right away. Consider whether you can offer limited hours to the majority of your pre-pandemic staff, or whether it makes more sense to have a few key individuals on for their regular hours, while slowly re-expanding your employee base as business picks up again.

Safety Concerns from Team

If you are a small business, your staff will be a critical part of your recovery, so it’s important to let them know you will take their safety seriously when you reopen. Clearly communicate all plans and policies you develop regarding PPE and employee health monitoring and take the time to answer any questions and concerns from your staff.

Anticipating Custom Needs / Demands

Your customers’ lives have all been impacted by COVID-19, and they may need different things from your business right now. Their disposable income is likely limited right now, so get creative and think of how you can help solve the challenges they’re facing at this point in time. This may be as simple as changing your marketing messaging, but some businesses may need to reposition or update their core offerings to fill the needs of their market. Either way, Salesforce recommends rapidly innovating your products and services to better meet immediate customer needs.

Business Concept

If you find that your business concept is just not making the list of things (products or services) that consumers / clients are looking for right now, find a way to pivot. You can do a partial pivot, which would be to evolve the concept of your brand to incorporate products or services that consumers and clients are willing to pay for, or you can change direction completely, finding a way to use everything you have going for you already (staff, location, software, etc). This is a time to repurpose and reinvent. 

Thinking of Starting a Remote Business?

Of course there are more options, which we will share on our next blog, but the key is to start exploring now. Don’t just sit at home watching Netflix and letting this opportunity go by. If you have the dream, we can help you get the funding to take the next step. 

It’s becoming all the rage now, with people looking for opportunities and creating new business ideas. If you are one of the bright new entrepreneurs looking to weather this storm by building a strong boat, we can help you find funding options that are right for you. Why wait another moment?

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

A Safe Return

Creating a safe environment for the return of your team

At the forefront of all the conversations surrounding businesses reopening across the country, is the conversation about safety in the workplace. While many businesses are still keeping their employees on a remote basis, there are businesses that require a physical presence from their team. As a business owner, your primary concern should be the health and safety of your employees and customers. All places of business, including shops, restaurants, construction sites and offices, must take precautions to reduce the risk of spreading COVID-19 on-premises.

Here are some considerations as you develop your new safety policies in the post-coronavirus workplace:

General Hygiene 

  • Think about how you can best reiterate and enforce the CDC’s guidelines for proper, frequent handwashing and coughing/sneezing into a tissue or elbow when employees return to work.
  • Assess your business’s current cleaning and sanitation practices against the CDC’s recently released recommendations. What procedures can you implement or upgrade to reduce the spread of the virus, and how can your staff help maintain those practices? This may include sourcing and stocking up on cleaning products and sanitizers for employee use during work hours.

Personal protective equipment (PPE)

  • If your state has issued requirements for your employees and/or customers to use face masks and gloves on-premises, have a plan in place to enforce that regulation and provide PPE to employees if at all possible. Otherwise, you may wish to encourage employees wear cloth face coverings in the workplace, per the CDC’s official recommendation.

Social distancing

  • Consider how your current workspace can be reconfigured to encourage social distancing if telework is not possible. The CDC recommends installing physical barriers, changing layouts to put at least six feet of distance between work stations, closing communal spaces, staggering shifts and breaks and refraining from large events.
  • According to LifeLabs, you may wish to consider limiting the number of employees in the workplace and alternating teams to further encourage social distancing.

Employee health monitoring

  • Develop a plan for monitoring your employees’ health, with a particular focus on COVID-19 symptoms.
  • Decide how you will handle a positive case of COVID-19 in your workplace after you reopen. OSHA’s guidelines give specific steps on how to manage and isolate employees displaying COVID-19 symptoms.
  • Reiterate your sick time and paid time off policies to employees and discourage them from coming to work if they feel ill.

Security

If your business has been able to operate remotely during the crisis and plans to continue this arrangement long-term, cybersecurity will need to be a top priority. Coronavirus scams are rampant, and your employees are the first line of defense against hackers.

You may have put ad-hoc security solutions in place like Virtual Private Network (VPN) access, but if employees will be working from home on a more permanent basis, consider the technical infrastructure you might need to ensure the security of your sensitive business and customer data. This may include banning personal device use for business purposes, limiting company-wide file access, making password managers mandatory, implementing multi-factor authentication and training (or re-training) employees on cybersecurity best practices.

As part of your post-COVID-19 communications, you’ll need to set clear and accurate expectations with those who interact with your business.

Thinking of Starting a Remote Business?

Of course there are more options, which we will share on our next blog, but the key is to start exploring now. Don’t just sit at home watching Netflix and letting this opportunity go by. If you have the dream, we can help you get the funding to take the next step. 

It’s becoming all the rage now, with people looking for opportunities and creating new business ideas. If you are one of the bright new entrepreneurs looking to weather this storm by building a strong boat, we can help you find funding options that are right for you. Why wait another moment?

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Hustle it up: Getting Motivated as a Business Owner Part 2

These are the days that test our patience. These are the days that push us to our limits. As business owners, it is an even crazier world, challenging us at every turn. So when the going gets tough, how do you pump yourself up? How do you motivate yourself to push through and achieve your goals? As a continuation of the blog we began earlier this month, we are helping to guide you along the path of more great ways to make sure you are moving forward, step by step. All you need is a little motivation. 

6. Set rewards.

We are naturally wired to react to incentives, so be prepared to reward yourself for accomplishing a goal or maintaining a habit. Just like in business, you should recognize and reward small victories along the way to long-term, broader goals. 

7. Engage friends.

Sometimes the best motivation comes from peer pressure. Engage your friends and colleagues to help motivate you both toward individual and shared goals. Consider mobile apps that make the engagement fun, such as Make Me, ChallengedApp, KlashApp or simply text your challenge to your partner.

8. Indulge in inspirational activities.

Sometimes, you just need to look outside your circle for motivation. When this happens, re-match a movie that you found inspiring. During your lunch break, watch a TED talk. Or listen to an inspirational podcast during your commute, on your daily walk or while you are enjoying your personal time alone.

9. Stay positive.

There is no one-size-fits all answer to what makes people happy, with definitions, theories and opinions abound. For me, I have a simple mantra that I turn to when I need a boost. It is simply, “Choose happy.” By saying that phrase and mustering up an authentic smile, I find my mood and motivation is elevated exponentially.

10. Sleep.

Finally, never underestimate the value of a good night sleep for personal motivation. After years of experience and self experimenting, I have found that, with few exceptions, no unfinished task or missed goal is worth the misery that comes with losing sleep over it. More important, with a fresh night of rest, these tasks and goals become infinitely easier to finish the following day.

What other ways do you stay motivated as an entrepreneur? Each person is unique, so we want to hear what works best for you. 

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Business Leadership in COVID

Companies are in different phases of dealing with the outbreak, and therefore the impacts vary by geography and sector. But regardless of the extent of the virus’s impact on an organization, we believe there are five fundamental qualities of resilient leadership that distinguish successful CEOs as they guide their enterprises through the Covid-19 crisis:

Design from the heart and the mind. Resilient leaders are genuinely, sincerely empathetic, walking compassionately in the shoes of employees, customers, and their broader ecosystems. Yet resilient leaders must simultaneously take a hard, rational line to protect financial performance from the invariable softness that accompanies such disruptions.

Put the mission first. Resilient leaders are skilled at triage, able to stabilize their organizations to meet the crisis at hand while finding opportunities amid difficult constraints.

Aim for speed over elegance. Resilient leaders take decisive action—with courage— based on imperfect information, knowing that expediency is essential.

Own the narrative. Resilient leaders seize the narrative at the outset, being transparent about current realities—including what they don’t know—while also painting a compelling picture of the future that inspires others to persevere.

Embrace the long view. Resilient leaders stay focused on the horizon, anticipating the new business models that are likely to emerge and sparking the innovations that will define tomorrow.

A typical crisis plays out over three time frames: respond, in which a company deals with the present situation and manages continuity; recover, during which a company learns and emerges stronger; and thrive, where the company prepares for and shapes the “next normal.” CEOs have the substantial and added responsibility to nimbly consider all three time frames concurrently and allocate resources accordingly.

Within the framework of these broad imperatives, resilient leaders can take specific tactical steps to elevate these qualities during the current crisis, blunting its impact and helping their organizations emerge stronger. With the right approach, this crisis can become an opportunity to move forward and create even more value and positive societal impact, rather than just bounce back to the status quo.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Essential Purchases for Business Owners: Security Systems


The right business security system has the power to catch criminals, suppress fires, and provide superior access control to the leaders of the company, but small business owners may believe that their organizations are manageable enough that they don’t need fancy gadgetry to keep track of what’s happening around the office. See why this is a myth, and how commercial security services work to keep you protected from the many variable factors of the universe.

1. Makes Your Business More Efficient With Video Surveillance

Being able to monitor the activity within an office isn’t always as easy as it seems. Even if you have only a few employees, there are patterns and habits that likely won’t emerge until you can take a step back and look at the big picture. If you have a variety of people coming in and out of your office on any given day, business security camera systems can make it easier to identify authorized individuals and watch their movements. Access control systems give you a way to see the activity that’s happening, so you can tighten up your processes wherever possible.

2. Helps Prevent Employee Theft and External Crime

There are a variety of ways for criminals to try to get around security systems for businesses, but why would they want to put in all the extra effort? From cameras to silent alarms, the last thing a criminal wants to do is risk being caught halfway through the act. The more complex your security systems are, the more likely it is that a criminal will move onto their next target. As for employees, they may also be less inclined to ‘game’ the system for their own benefit.

3. Minimizes Fire Damage with Fire Alarm Systems

Fires can stem from practically anywhere in the building. From faulty wiring to human error, even small flames can cause big problems. Smoke damage is notoriously difficult to remove, meaning small business owners would likely need to fully replace anything that was touched by it. The expense can be enough to shut down a small business — even with commercial business insurance. Fire protection systems for business can keep fire damage to the bare minimum so that you’re not burdened with the expense.

4. Keeps You in the Loop with Remote Monitoring

The last thing you want is to come to your office to discover that it has been violated or damaged somehow. Security systems prepare you for whatever may happen to your space, whether it’s 4 a.m. or 4 p.m. When you get the notifications you need, you have the chance to act before anything else can happen. You can manipulate intrusion alarm systems for windows, loading doors, and emergency exits, so you know you’re protected from every angle.

5. Gives You Complete Peace of Mind

In the end, there is no way to prevent every possible disaster that can happen on your property. However, the right access control systems can give you a lot more confidence in the safety of your livelihood. Plus, security systems are meant to save business owners a lot more than they cost. They give you full control over access to your business, and an effective course of action in case something does happen.

Having the right security system is worth far more than the cost of installation upkeep. If you’ve been neglecting your security, it’s time to start thinking long-term.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Staying Updated on Florida’s Economy & Unemployment


Maybe it’s the sun, the sand, the trees or just the overall dedication to finding ways to remotely run businesses and restructure the businesses that actually need a physical location open, but Floridian’s are determined to help their economy thrive in the safest and most innovative ways possible. As we are continuing to track everything going on around us, one of our favorite bits of information comes from the Florida Department of Economic Opportunity and the latest reporting statistics for unemployment and re-employment in their September Press Release (Excerpt seen below):

TALLAHASSEE, Fla. – Today, the Department of Economic Opportunity announced Florida’s unemployment rate for August 2020 dropped to 7.4 percent, down 4 percentage points over the month. Additionally, Florida’s labor force increased 1.4 percent over the month, an increase of 143,000 Floridians entering the workforce. Florida businesses gained 46,000 private sector jobs over the month. 

The August 2020 report showed encouraging indicators:

  • Florida lost 1,178,100 jobs from February to April 2020 and has since gained back over half of the jobs lost (+631,600 jobs).
  • The three industries losing the most jobs from February to April 2020, gained back 448,300 jobs from April to August 2020: leisure and hospitality (+278,500 jobs, 50.6 percent); professional and business services (+73,200 jobs, 48.5 percent); and education and health services (+96,600 jobs, 72.9 percent). 

“Florida’s job creators have faced significant challenges this year, forcing many of them to make difficult strategic decisions; however, today’s employment data reflects their commitment to Florida families,” said Dane Eagle, Executive Director of the Florida Department of Economic Opportunity. “Under Governor DeSantis’ leadership, I look forward to protecting Florida’s business friendly environment and working with our partners throughout the state to help improve the lives of Floridians, strategically invest in our communities, and transform Florida’s economy for the future.”

Florida Economic Indicators for August 2020 include:

  • Unemployment rate was 7.4 percent.
  • Labor force was up 143,000, or 1.4 percent, over the month.
  • Florida businesses gained 46,000 private-sector jobs over the month.
  • Florida’s private-sector job creation over-the-year rate of decline of 5.8 percent was less than the national over-the-year decline of 7.4 percent.
  • Florida private-sector jobs were down 458,000 over the year.
  • Private-sector industries gaining the most jobs over-the-month were:
  • Education and health services with 21,400 new jobs;
  • Professional and business services with 9,600 new jobs;
  • Trade, transportation and utilities with 6,600 new jobs;
  • Other services with 4,500 new jobs; and
  • Financial Activities with 3,400 new jobs.

To view the August 2020 jobs reports by region, please see below: 

To view the August 2020 employment data visit 

www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases

As we still have so much work to do to bring our economy back to a fully functioning status, indicators like these can give businesses immense hope for rebuilding. As is understandable with the evolution of the business landscape after a traumatic hit that we have experienced in 2020, some industries are getting back on their feet a little quicker. For those who are looking to start their first business or just looking to pivot their strategy, pay attention to information and releases such as these to determine what industry will be the best opportunity to get back on your feet. 

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Essential Purchases for a Small Business : Payroll Systems


Most recently, I worked for a small business whose owner purchased the company a little over a decade ago.  During his first few weeks evaluating the existing procedures in place he was shocked at their lackluster payroll system.  Even for the time, the time clock and payroll system were severely antiquated.  It was so bad that the last person to clock out at the end of the evening would often punch everyone else out unbeknownst to the previous owner.  Enter biometric time clocks and payroll software to back it up. 

Obviously this is an extreme case in which employees were defrauding the owner but it goes to show how truly important the right payroll system is for a small business.  Does every small business need a fancy biometric scanner or expensive payroll software?  Of course not.  That being said, business owners need to look at their payroll system to better serve not only their company but their employees as well.  At bare minimum, your payroll system should 1. Track employee hours 2. Calculate applicable taxes 3.  Calculate salary payouts.  These three are rather obvious, but what other benefits can payroll systems offer your business?

Professionalism and Morale:  

At some point in your working life, you have likely been employed somewhere where all your hours were recorded through a timesheet.  You turned the sheet in to your manager and you were paid on payday.  Sometimes you forgot to make a copy and think you might have been underpaid.  Your manager didn’t keep a copy of your sheet or maybe it’s sitting in a gigantic filing cabinet that makes it difficult to locate.  Maybe you wanted a record of your hours to use for a loan application or as experience towards a certificate or education.  A lackluster system will cause unnecessary headaches for your employees and can even deter some from wishing to remain with your company.  A strong payroll system will improve your employees morale and display to others that your business is legitimate and has their stuff together.

Developing Budgets:  

When you create your budget for the next year, nothing is more helpful than knowing exactly what you spent the previous year on hourly wages, overtime, payroll taxes and paid time off.  Factor in your anticipated revenue growth and you can fairly easily develop an accurate budget for your payroll.

Create Shift Schedules:

Yes, some payroll software can even create your employees schedule for you and allow them to view it remotely.  What can become a time consuming task for any small business owner can easily be handled by the right payroll software.  You can adjust employee information to account for availability, input time off requests and allow employees to view all of this from an internet login.  Pretty slick……

With all of that said, how do you do it?  There are numerous payroll software companies out there that can easily be found on the internet; be sure to do your research and request a trial to ensure it’s right for your business.  A cheaper option can be found in the form of a Microsoft Excel template (https://templates.office.com/en-us/Payroll-calculator-TM06101177) or, if you are savvy enough, you can even create your own.  Regardless of the way you choose to address it, you need to ensure you have a functioning payroll system to better serve your business’ needs.

Thinking of Starting a Remote Business?

Of course there are more options, which we will share on our next blog, but the key is to start exploring now. Don’t just sit at home watching Netflix and letting this opportunity go by. If you have the dream, we can help you get the funding to take the next step. 

It’s becoming all the rage now, with people looking for opportunities and creating new business ideas. If you are one of the bright new entrepreneurs looking to weather this storm by building a strong boat, we can help you find funding options that are right for you. Why wait another moment?

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Build Your Business Back up


Business man using Jenga as building blocks to represent building the business back up
How to reopen your business during COVID

Business owners across our nation are scraping the pieces back together and wondering the same question: How do you get back on your feet after all this chaos we’ve experienced this year? The first step is to have a plan – but that’s why you’re here now, isn’t it? Let’s talk through the system of getting back on your feet as a business owner and figuring out what the next step will be for you. 

Do Your Due Diligence

There is so much information that we have to keep up with, every day. What the COVID numbers are, especially in your community or in your service area, what regulations are local businesses being held to, how often are they changing, do you have the supplies required, etc. It’s a lot to keep up with, but the important issue is that you are keeping up as much as possible. Subscribe to the channels with the most important information, be part of a group online that is discussing the local issues that affect your business, partner with someone who also keep informed about the information that is vital to how your business will move forward. Find ways to keep updated, and continuing to learn. 

A few great resources that apply to the majority of businesses are:

Create a Plan

If you are reopening your business, there is a lot of planning that goes into how you will decide to move forward. Checking and staying updated with the guidelines and news are only one part of creating your plan for reopening. Once you have all the information about the new regulations, you have a few more vital steps to consider:

Safety Procedures

It goes without saying that safety is your top priority in business these days, especially when you are reopening as a business. Safety is important for your team, as well as your customers and clients. Being that safety during COVID is in the forefront of everyone’s mind, planning out how your business will improve their standards to meet the new safety requirements, how they will be enforced, as well as how you will communicate those efforts to your team and customers is incredibly important. 

Training Your Staff

Yeah, you’ve been keeping up with all the new regulations and rules surrounding reopening during COVID, but don’t assume that your staff has kept up as well. Developing a plan and training materials to go over all the specifics about reopening with your staff needs to be done the right way. It’s important to cover all the bases, but also to conduct the training in a way that is memorable and makes sense to your team. Hiring an Instructional Design Company such as Reach You, will ensure that your training is developing and customized to meet your team’s needs. 

Marketing Your Reopen

There is a lot to prepare and a lot to consider when you are organizing your business’ reopening. With all that goes into a reopen, having a marketing strategy in place will make certain that your efforts are being recognized and launched as efficiently as possible, to get help your business gain momentum as quickly as possible. From updating your social media to giving your brand an entire facelift, you want to re-enter the business world with a BANG! Having the right marketing strategy in place is how you will accomplish that impact. 

Thinking of Starting a Remote Business?

Of course there are more options, which we will share on our next blog, but the key is to start exploring now. Don’t just sit at home watching Netflix and letting this opportunity go by. If you have the dream, we can help you get the funding to take the next step. 

It’s becoming all the rage now, with people looking for opportunities and creating new business ideas. If you are one of the bright new entrepreneurs looking to weather this storm by building a strong boat, we can help you find funding options that are right for you. Why wait another moment?

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Turn Your Covid-19 Innovations into a Viable Business

4 Steps to Planning for Your New Business Venture

Quarantine has brought up some fantastic opportunities for many budding entrepreneurs to start creating structure for the dreams that have been occupying space in their minds. After the initial panic, many realized that they had been gifted this amazing opportunity to pour their newly freed time into creating viable plans for their visions. If you are one of these gifted individuals, then you must be wondering what steps you should be taking next – so let’s take a look at how to turn your COVID-19 innovations into a business.

1.Will Your Innovation Address a Long-Term Problem?

The best innovations are created in response to specific, urgent, and sizeable problems. In some ways, the Covid-19 crisis has made our most urgent problems and their potential solutions more obvious. For example: Health care providers needed masks; production facilities were idle; workers were furloughed and needed jobs. A social enterprise could address all three of these urgent problems simultaneously: Train workers to make masks in underused production facilities for health care providers.

But will this cluster of problems still need your solution three to five years from now?

Some coronavirus-inspired entrepreneurs are building on existing trends that have been amplified and accelerated by the pandemic, such as the explosive growth in telehealth, remote patient monitoring and the use of AI in healthcare. For example, free meal delivery services that were started to help health care workers may fall into this second category.

2. Who is Your Long-Term Market?

The next step is projecting whether there will be a large, passionate market for your product or service in a post-Covid future. User-centered design has taught us that a key to building a lasting business is having a deep understanding of who your customers are and how your product or service fits into their world.

As a Covid-19 inspired entrepreneur, ask yourself two questions: Are you delivering an innovation that your customers are passionate about? And will there be a large enough number of these passionate customers to grow a business once coronavirus is under control?

3. Prepare to Pivot

If you determine that your current target market may not be large enough in a post-Covid future, you may need to pivot, like we did. If it’s your turn for a strategic pivot, do whatever you can to pivot early, proactively, and thoughtfully. There are ample stories in the media these days of startups that are pivoting — but are doing so reactively in a frantic scramble for survival.

4. Create a Business Model

Many of today’s Covid-19 inspired innovations are being given away for free, or are supported by donations, as is appropriate during an emergency. The leaders of these startups should be aware that contributions to non-profit organizations that are not Covid-19 centric are way down. Maintaining a donation-exclusive organization over the long-run in the face of today’s economic circumstances will likely be difficult.

Covid-19 inspired innovators should consider revenue models native to the field of social entrepreneurship. Social enterprises have a dual mission of social impact and financial growth and have developed an array of business models to achieve these parallel goals. 

It is unclear at this time which of the tens of thousands of Covid-19 inspired entrepreneurs are creating products and services that will succeed in the long-term, but by going through these steps, more of today’s innovations will be the ones that people are using years and decades from now.

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Prioritizing Your Finances as a Small Business


From small businesses to international corporations; everyone has had to reevaluate their companies finances and reestablish priorities.  “Cash is king” – the old saying is timeless for a reason and owners need to look at it first.  How much cash do you have access to?  How long could your business survive if revenue stopped coming in?  While these are certainly grim thoughts that no owner likes to think about, it needs to be addressed.  Determining cash flow will allow you to make the right decisions for your business.  Establishing your business’ financial priorities will help you to better understand your cash flow situation.

  1. Payroll

Your business will be impossible to run if you don’t focus on payroll.  Whether you are the sole employee of your business or you have a hired staff, your business can’t continue if the people doing the work aren’t getting paid.  While you may need to make cuts to your staff or reduce your own salary, this needs to be a top priority with your available cash. 

  1. Keeping the Lights on

It may seem obvious but utilities are essential to your business’ ability to operate.  Speak with your providers about reduction in services where you can in order to alleviate the financial burden.  Can you change your waste pickup schedule from twice a week to once?  Is it possible to change internet plans? Get creative in reducing your utilities to free up cash for things that will help you to generate revenue.

  1. Don’t Forget to Advertise

Today more than ever, consumers are absorbing more marketing material.  Even if your customer’s livelihood has been largely unaffected by the pandemic, they are assuredly spending more time at home than before and likely consuming more media channels.  Savvy business owners will not sit back but will attack this by focusing their finances towards a strong marketing presence. 

  1. Expansion

Despite financial instability, this doesn’t mean small business owners need to be entirely conservative.  Expansion could pay tremendous dividends for a company right now.  Can you focus financial assets to a new revenue stream?  Is there a product or service in demand right now that is in line with your current business model?  Evaluate your options and do not be afraid to pursue what you see as a potential for a strong return.  

  1. (Honorable Mention) Loans

If you are a small business owner you in all likelihood have taken out loans to help fund your business.  In some cases, you tapped into the PPP loan opportunities.  Defaulting on loans is of course not a good option for your business so you will need to address this with your provider.  

Thinking of Starting a Remote Business?

Of course there are more options, which we will share on our next blog, but the key is to start exploring now. Don’t just sit at home watching Netflix and letting this opportunity go by. If you have the dream, we can help you get the funding to take the next step. 

It’s becoming all the rage now, with people looking for opportunities and creating new business ideas. If you are one of the bright new entrepreneurs looking to weather this storm by building a strong boat, we can help you find funding options that are right for you. Why wait another moment?

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584