Data from Xero’s Small Business Insights, has confirmed the impact of COVID-19 on UK small business revenue and employment. Amongst the UK’s small businesses, the analysis shows:

  • Between March and May there was a 28% drop in revenue 
  • During the same time, there was a 6% decline in employment 
  • Late payments to small businesses increased by 7.8 days between February and May

Business conditions are tough. Small business owners will be doing everything they can to keep their business going now and in the future. Now we need to come together to help small firms recover and rebuild. Small businesses across the country need more support than they are currently getting. We need a better business environment in which small firms can thrive.

 

Our roadmap to recovery: the recovery starts now

Today we are launching our “Roadmap to recovery for small businesses”, which looks at four critical areas

Visa Inc. has announced its delaying the fees for credit card swipes until April 2021. The reason has to do with the coronavirus crisis. Also, Visa is cutting the interchange fees for in-store purchases at supermarkets in July. Let’s reveal more about the topic and find reliable and low cost high risk merchant accounts in the U.S.

High Risk Merchant Accounts U.S. & Visa’s New Plans

Visa has delayed almost all its interchange and fee changes planned for the U.S. The new date is April 2021. However, this doesn’t refer to cutting the interchange fees in supermarkets.

The reason why the payment giant has decided to postpone its plans has to do with the current situation caused by COVID-19. The thing is that the changes would increase the rates for some merchants, and they would have a difficult time coping with the rise in expenses. After all, the current financial

A quick spread of COVID-19 has disrupted economies around the world changing the way businesses reach and interact with customers.

As lockdowns are slowly lifted across multiple countries, business owners are discovering that things are not quite going back to normal.

In fact, there’s probably a new normal being created right now, the new way we are going to operate our businesses and do marketing from now on.



COVID Marketing Trends

Is your business ready for that new normal? Here are three key trends you can start adapting to today:

1. Comply with Tightening Safety Rules

Across the globe new workplace safety rules are being created to ensure no further spread of coronavirus.

Business owners are expected to comply with safety and health standards and regulations in order to be able to reopen their operations.

Lots of countries around the world have put together comprehensive safety guidelines for