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CFIB raises forecast of how many small businesses may vanish


The Globe and Mail
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Aaron Vincent Elkaim/The Globe and Mail
The Canadian Federation of Independent Business is warning that more than 239,000 businesses could vanish because of COVID-19 as the new wave of restrictions and lockdowns leave a growing number of entrepreneurs considering giving up.
New research from the small-business lobby group based on a survey of 4,129 of its members last week found that nearly 18 per cent were considering bankruptcy or shutting their business down for good. Extended across the country’s 1.1 million businesses – the vast majority of which are small or medium-sized – the federation said that 181,000 firms could be under threat, according to adjusted projections. That’s in ....

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Small businesses in Albemarle Co. shifting gears to make it through the pandemic


Small businesses in Albemarle Co. shifting gears to make it through the pandemic
Small businesses in Albemarle Co. shifting gears to make it through the pandemic
By Rachel Hirschheimer | January 14, 2021 at 10:15 AM EST - Updated January 15 at 9:57 AM
ALBEMARLE COUNTY, Va. (WVIR) - The coronavirus pandemic has forced many retail owners to pivot how they do business in order to keep their doors open, and for some in Albemarle County, those alterations have been a game changer.
“Pre-COVID in the Happy Cook, in the store, it would be shoulder-to-shoulder. A lot of our traffic is during the November and December time, and it’s normally pretty much filled to capacity on a normal December,” The Happy Cook owner Monique Moshier said. ....

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Here's the 411 of moving your business into the e-commerce space


Representative image of an artsy entrepreneur | Photo Credit: Sanjeri for Getty Images / iStock Photo
 
Shop talk for 2021 is moving online. Himanshu Wardhan of Etsy shares what first-time business owners looking to pair up with an e-commerce platform need to know
During the online series #StandWithSmall for Etsy India, Studio Mianzi founder Shashank Gautam spoke of running a business online during the pandemic. Studio Mianzi is a seller on the e-commerce platform Etsy and creates unconventional but sustainable home decor and products made out of bamboo. “Lockdown proved that online is the market of the future,” Shashank remarked during the session held last month. ....

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