COVID-19-MONEY-SECURITY

Technology may be the key to help small businesses during COVID-19

May 28, 2020, 8:09 AM
small businesses...
Photo: Getty Images

SALT LAKE CITY – The COVID-19 pandemic has been tough on small businesses across the country. Many have been closed while their larger competitors have been open. 

Despite all this, a new survey from the business non-profit 3C shows 74% of small businesses are optimistic things will get back to normal within six months. 

Many also feel technology and shifting to e-commerce will be the key to keeping their business open. 

During a virtual news conference on Wednesday, 3C President Jake Ward said many companies are already doing more online to keep customers and employees safe from COVID-19. 

“People are investing in technologies that are mitigating that risk. They’re limiting time in store or time onsite. And I think we’re going to see an enormous move of folks working from home,” Ward said. 

With more people working at home, a small businesses could save a lot of money. 

Ward believes making the switch will be easier for newer companies. 

“If you started a business in the last five years, you have an online presence. You didn’t start a new business and not create a website or a Twitter handle or use YouTube or Facebook ads,” Ward said. 

Technology has also been a way for some companies who cannot move online, like ski resorts, to keep in touch with customers. 

Last week, dozens of Utah small business owners also signed a letter to Governor Gary Herbert asking him and state policymakers not to let regulations strangle access to technology and low cost digital platforms. 

COVID-19-Money-security

canada truck blockade COVID...
ROB GILLIES and TOM KRISHER Associated Press

Four-day truck blockade at US-Canada border shuts auto plants

The bumper-to-bumper demonstration entered its fourth day Thursday at the Ambassador Bridge connecting Windsor, Ontario, to Detroit.
3 months ago
Hiring sign is displayed outside of a retail store in Vernon Hills, Ill., Saturday, Nov. 13, 2021. ...
By Paul Wiseman

US unemployment claims at 52-year low

The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years.
5 months ago
Money, COVID-19 financial assistance program reportedly a big success. Photo: Pexels...
Paul Nelson

Salt Lake City calls COVID-19 financial assistance program a big success, some housing funds still available

Officials in Salt Lake City say their financial assistance program to help families with during the pandemic was a success. 
5 months ago
FEMA Photo: canva...
Eliza Craig

FEMA adds $8.4 million to Utah’s COVID response fund

FEMA said the funding will go toward personal protective equipment including medical gowns, N95 masks, and gloves.
6 months ago
September Jobs...
Anneken Tappe, CNN Business

Major disappointment: US economy adds only 194,000 jobs in September

US employers added only 194,000 jobs in September, another troubling sign that Covid is disrupting the economy.
8 months ago
Holla Dollars...
Mary Richards

“Holla Dollars” are released in Holladay to support local business

Holla Dollars can be downloaded in ten dollar increments and were made available by money sent to the state for pandemic relief.
8 months ago

Sponsored Articles

Prescription opioid...
Know Your Script

Prescription opioid misuse | How to protect your family from the opioid epidemic

Studies have shown that prescription opioid misuse has increased since COVID-19. So what do you need to know about these opioids?
...

Tax Tuesday: The Most Common Mistakes People Make When Filing Their Taxes

Fortunately, for most average earners, they will not end up owing overpayments received for the Child Tax Credit in 2021.
...

Tax Tuesday: How will last year’s child tax credits affect you?

Fortunately, for most average earners, they will not end up owing overpayments received for the Child Tax Credit in 2021.
...

Tax Tuesday: Key Information Before the Filing Deadline

Businesses can receive a credit of up to $5,000 per employee in 2020 and up to $21,000 per employee in 2021.
national heart month...
Intermountain Healthcare

National Heart Month: 5 Lifestyle Changes to Make Today to Keep You Heart Healthy

Heart disease is the leading cause of death for both men and women. One person dies every 36 seconds in the United States from cardiovascular disease
Joseph Smith Memorial Building...
Temple Square

The Joseph Smith Memorial Building is an icon of Salt Lake City | Why hosting an event at this beautiful location will make you a hero this year

Here's why hosting an event at the iconic Joseph Smith Memorial Building in downtown Salt Lake City will make you a hero this year.
Technology may be the key to help small businesses during COVID-19