3 Ways Small Businesses Can Survive the COVID-19

Small business owners are the ones that are taking the most hit from coronavirus pandemic. The lockdown order means most of the shops will be close and the street will not be full of people as before. However, that does not mean it is not possible for your business to continue to thrive as before. The following are 3 ways a small business can survive the COVID-19.

1. Contingency and Business Continuity Plan
Developing a contingency and business continuity plan is important for sustaining the business until the end of the virus outbreak. Starting with disinfection and deep cleaning of your workplace, a strategic contingency and business continuity plan will reduce the risk of the employees and the workplace to the COVID-19 virus. With the plan in place, you can continue to operate your business if one of your employees is found to have the virus. If your business don’t have enough capital, you may want to send your employees home with no paid leave. You can also reduce the employee’s salary or freeze employment to reduce the cost. The plan should only be carried out after you have discussed with your employees. You should also inform your clients, suppliers, and other people you outsource to about the implementation of the contingency and business continuity plan.

2. Sending Your Employees to Stay at Home

If you have employees who are sick with flu and fever, you should tell them to go home until they recuperate completely. You may also want to perform risk assessment on other employees who have contacted with the sick employee. Employees also have the responsibility to inform their employers about a family member in their household that has been tested positive for COVID-19. The employee can refer to the CDC guideline in performing risk assessment on the sick family member.

Employers can divide their employees into two groups – one group will work in office and the other group will work from home. In the event your office has to shut down, the latter group can continue to work from home to allow the business operation to resume. Employers can use work tracking software to monitor the employees and ensure they are doing their work. Employers can also ask their employees to submit work reports every week. Employees who just recently return from traveling should wait for 14 days to look out for symptoms like sorethroats, sneezing, and fever.

3. Practice Good Personal Hygience
Finally, employers should encourage their employees to practice good personal hygience and taking the initiatives to keep the workplace clean. Employers should give at least one orientation to remind the employees about practicing good habits in the workplace. Employers can provide covered waste bins to prevent direct exposure of soiled tissues which are full of germs. Employers can also put up handwashing posture that shows step by step procedure on how to wash hands in the correct techniques to put emphasis on regular handwashing.

Consumers With Poor Credit See More Loan Options In 2016

Installment Lenders Now Offering Loans Up To 3 Years Even For Borrowers With Bad Credit Scores

You have bad credit scores however regardless you require an installment loan. Common loans for poor credit such as payday loans and cash advances are either to high interest, to short term, or don’t give enough funds to your motivation or every one of the three. All in all, you might have profited botches in the past why does that mean you never get another possibility? Most Installment Lenders need to penalize you and charge over the top fees and give repayment terms that set you up to 3 years. This is so they can simply charge you more fees for being late, more interest, and so on. This is not fair and it is as we would like to think ruthless loaning. You require the cash quick however would prefer not to commit another error or fall into a loan trap and exacerbate matters.


You need an answer not another issue right? An approach to get a sufficiently huge loan with a fair interest rate and have enough time to pay it back, even with bad credit scores!

How are installment loans with bad credit scores different ?
Installment loans for bad credit contrast in a huge number of components really, bad credit installment loans are particularly focused on and produced for people with poor credit. They offer an answer for your financial troubles while all the while permitting you to enhance your credit. Bad credit installment loans give longer terms up to 3 years now. This permits you to repay your loan in an auspicious way without the weight basically being rescheduled to one month from now. Shorter term loans are regularly an interest and fee trap that is the reason numerous individuals take out these long term installment loans to repay short term loans. They give generously better interest rates and more suitable terms to the customer.

Bad credit installment loans then again are frequently particularly created for persons in your circumstance . The longer term makes it less reducing so as to demand to repay the loan your regularly scheduled payment in this way lessening the shot of a late of missed payment. The length above 6 months implies the effective repayment will help your credit. Longer loans additionally have lower interest rates which implies you get the same loan however pay fundamentally less interest and have more opportunity to pay it off. That as well as be qualified for bigger loans with the same credit history because of the longer terms up to 3 years now. This is particularly valid for the installment lenders for individuals with bad credit. Bad credit installment loan lenders are likewise more prone to be adaptable with late payments, fractional payments, or non payment.

Installment loan lenders in this market will regularly help you in any capacity conceivable to offer you some assistance with completing the loan. At that point any loan thereafter will frequently have even lower rates, better terms and conditions, and bigger loan amounts will be accessible to you.

Is Credit One Bank The Right Card For Good Credit Borrowers

We are going to review the credit cards offered by Credit One bank. This is the literally the best second chance credit card on the market. You know your rock bottom if this credit card company denies you a credit card, as they accept people with horrible credit scores. This credit card company promises consumers that it will help repair and rebuild your credit score, and it will, provided that you never miss a payment, and try your best to make more than the minimum payment each month.

new credit users

The basics of this card are simple. This card is meant for people whose credit has been destroyed. If you have no trade lines active, this card offers you a fresh start, what you do with that fresh start is up to you. There is no frills or perks to this card. No balance transfer intros, no sign up bonus, no rewards, no purchase intro APR. What does it offer you? Just a credit card. A second chance.

The down side? Expect to get nickle and dimed to death, then some more. There are random fees, credit increase fees, a $99 a year annual fee and an APR of 29.9%. You want customer service? Sure go ahead and call them, you will be speaking to someone who lives in a hut in some 3rd world nation, and I can safely say he or she does not care about your 1st world problem, and the terrible English of these CSR’s will negate anything you are trying to make happen by calling.

Those down sides seem pretty harsh? Well the truth is, this card can indeed help you build your credit back up. If your credit has been destroyed, or if you have never had credit, this is a place to start. I myself owned this card once upon a time. It served its purpose, within 8 months I scored a Capital One credit card, by keeping my balance low after the first month. Month One I maxed this card out, then paid off the balance in full. Every month there after I used 10% of my available credit, or $40 to make a purchase, then paid off that balance in full every month. This resulted in a positive payment history, enough to show Capital One, who had denied me 8 months before hand to trust me with a credit card. For a second chance card, you can not complain to much, just understand what you are getting into. Also if you do get this card, you will need to keep it for about 3 years, even after you get new credit cards, since age of accounts is what matters along with your good payment history. After you have had 2 or 3 other credit cards for a period of 2 to 3 years you can safely close out this account.

Some Property Disasters Best Left To Professional Firms

Many homeowners and small business owners may be tempted to clean up smoke damage themselves, but this can prove to be a costly mistake. In fact, two of the most common mistakes non-professionals make is wetting the carpet or upholstery too much and using too much shampoo. While you can rent some equipment and give it a go, if you do not know the best methods for removing smoke and soot, you may end up damaging the items further or worse yet, ruin them and have to replace them. Moreover, missed smoke and ash during the cleaning process will cause extensive corrosion, etching and discoloration over time, not to mention strong lingering odors. Plastic items generally discolor within minutes after a fire. Items made from fiberglass appliance finishes will begin to yellow within hours. Metals can tarnish, and if left untreated too long, ash will cause fabrics and interior walls to permanently become discolored.

It makes better fiscal sense to hire a professional restoration service to carefully remove the tough stuff like black soot from carpet, drapes, and upholstery, among other things – and you should hire one quickly. A careful assessment of the damage must be taken; including any potential safety concerns, for most damage is overlooked by the naked eye. Understanding the type of residue left from a fire is an important first step. Whether it is wet smoke, dry smoke, or fuel oil soot, or fire extinguisher residue, technicians who have been certified by the Institute of Inspection Cleaning and Restoration Certification process know best how to get the job done and with the best results.

For example, soot is an oil-based substance that should be removed quickly in order to avoid dirt’s magnetic-like attraction to it. However, because it is oil-based, it must also be extracted carefully so that it is not driven deeper into fabrics and carpeting. This usually requires special equipment like powerful vacuums, wet cleaning tools, rotary scrubbers, and special extractors which inject steam into fabrics and carpeting, allowing for a deeper level of suction with minimal or no detergent residue. When it comes to furniture, having the proper tools to separate the feet from the newly cleaned carpet is also important in order to protect wood stain from bleeding into the carpet while it dries. Professional restoration services will also use industry-standard equipment like ozone machines, dehumidifiers, air movers and air scrubbers to address air quality issues as well.

Another important reason to hire a certified restoration service is to facilitate the claims process with your insurance adjuster. Unfortunately, adjusters will often recommend items like carpet, upholstered furniture and drapes be replaced with it comes to smoke damage. A certified IICRC technician, on the other hand, can explain what items can be salvaged and restored if proper cleaning materials and techniques are applied. This can reduce the claim loss and allow the majority, if not all the expenses to be covered per the specifications of your insurance policy.

image source – http://restorationpros.co

Considering potential unseen safety issues and all the technical know-how required in identifying the type of smoke damage and how to clean it properly, in the end, you will get more bang for your buck hiring a professional right out of the gate. In a smoke damage situation, the American determination to roll up your sleeves and get the job done does not mean doing it yourself – it means calling a certified, professional restoration service to get the job done right the first time.