ADP Small Business Report for June 2020 – Nearly a Million Jobs Added %%sep%% %%sitename%%

ADP Small Business Report for June 2020 – Nearly a Million Jobs Added %%sep%% %%sitename%%

The latest jobs figures show small business in America bouncing back from the COVID-19 pandemic.

According to the June 2020 ADP Small Business Report, small businesses added 937,000 jobs to the American economy from May to June.

This is certainly good news for small business across the country. And it’s a stark contrast to this same report just 2 months ago.

Back in April, this same report showed small businesses cutting more than 6 million jobs.



ADP Small Business Report, June 2020 – 937,000 Jobs Added

The ADP Small Business Report tracks employment figures for private sector businesses with 49 or less employees.

In the June report, the most jobs gains came from the smallest businesses, those with 19 or less employees. Those companies added 574,000 jobs from May to June. Companies with slightly more employees added 363,000 jobs in that time.

Service Businesses Lead the Way

The

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Learn the Ins and Outs of Virtual Teams and Hiring Remote Workers

Learn the Ins and Outs of Virtual Teams and Hiring Remote Workers

By now, everybody has discovered the benefits of working virtually.

But did you know that hiring an outsourced contractor is different from hiring an employee?

Join us live on Facebook on Tuesday, July 7, 2020, at 1 p.m. ET to learn where and how to find remote workers to build the right team, dos and don’ts for interviewing remote workers, how to manage people you’ve never met in person and much more.

BONUS: Send us your best hack for working with a virtual team and we just might invite you to come and join us live during the event! Share it here: https://zfrmz.com/BySrTfaFDNvIWUgouC3A

Register Now





Featured Events, Contests and Awards

Fostering Girls in STEM to be Women in Tech Fostering Girls in STEM to be Women in Tech
July 15, 2020, Chicago

How can we create an environment, in both schools and businesses, which encourages women to enter and advance in the tech field? This event will

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Watching Amazon: Online Grocery Shopping Rose 7x in a Month

Watching Amazon: Online Grocery Shopping Rose 7x in a Month

Amazon maintained its position in the number one spot and saw its brand value increase 32%, or almost $100 billion, to $415.8 billion, according to the 15th annual Top 100 Most Valuable Global Brands ranking released earlier this week by advertising firm WPP and research firm Kantar.

And they are smoking the competition, as #2 Apple is over $50 billion behind.

It’s easy to see that COVID-19 has been a big factor in this increase in value, as the size and speed of the shift to online shopping brought on by the virus caught everyone off guard.

But even after a shaky period at the beginning of the crisis, Amazon seems to have weathered the storm and is operating at levels customers have grown accustomed to.

And because the pandemic has accelerated the move to the world being even more digital, it has also positioned Amazon to be

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Sales Lead and Qualification Management During COVID %%sep%% %%sitename%%

Sales Lead and Qualification Management During COVID %%sep%% %%sitename%%

The COVID-19 crisis has caused B2B sales organizations to re-evaluate their sales processes, re-tool their sales pitches, and otherwise adapt to fast-changing conditions in an environment of unprecedented uncertainty. But there are two aspects of B2B sales operations that are sometimes underrated and overlooked even during the best of times: lead qualification and lead management. During this time of crisis, and even after the economy emerges into a New Normal, qualifying your sales leads, and then managing, nurturing and re-ranking your sales leads over time, is more important than ever.



COVID Sales Lead Qualification and Management

Here are a few reasons why your B2B sales team needs to put lead qualification and lead management at the top of your priority list during COVID-19. 

Lead Qualification Helps Prioritize Your Sales Efforts 

During a time of crisis like COVID-19, it might seem like there’s no such thing as a bad sales

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How Can Technology Aid in Business Recovery? (INFOGRAPHIC)

How Can Technology Aid in Business Recovery? (INFOGRAPHIC)

From Zoom meetings to apps for boosting remote working productivity, technology has played a vital role in keeping businesses going during the pandemic. Businesses’ escalating reliance on technology is set to continue as we journey down the road to economic recovery.



Technology to Aid Business Recovery

To shed light on businesses’ dependence on tech to aid recovery, NowSourcing, an award-winning infographic design agency, developed an infographic.

The ‘How Technology Can Help the Economy Recover’ infographic was commissioned by TradeSchool Careers, providers of resources dedicated to helping prospective students find and enrol in training.

Certain Economic Changes are Here to Stay

The infographic highlights the changes the pandemic has brought to the business world. Some of these changes look set to stay for the long-term. For example, amid the health crisis, 2 in 3 Americans worked remotely. 3 in 5 workers wish to carry on working remotely

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Small Business Loan Requirements – and How to Meet Them

Small Business Loan Requirements – and How to Meet Them

Reeling from these tough economic times, you may be considering a loan for your business for the first time.

How do you get a small business loan? Should you apply to an online lender? Try to get a loan through a bank? Go through the Small Business Administration (SBA) for financing?

Many loan requirements are the same for the application process. Lenders and the SBA have specific conditions you must meet in order to get a loan. But with some loans and lenders, there is a protection program to ensure that you are safe.

An SBA loan may have special requirements that differ from the requirements of traditional loans. Every lender uses certain evaluations to determine your ability to repay.

Lenders look at bank statements, assets in the business, financial statements, debt service coverage ratio, and personal and business credit score (present and history). Lenders also want you

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