Techstination, your destination for gadgets and gear. I’m Fred Fishkin. It is no secret that the Pandemic has made survival for many small businesses difficult, if not impossible. Facebook’s release this month of its Global State of Small Business Report surveyed over 35 thousand small businesses in 27 countries…and found 18 percent were not operational. The good news is that is down from 24 percent in February. Facebook VP Michelle Klein says the online giant is launching new initiatives like an invoice fast track program to help..
“And so this will be where eligible small businesses will have the opportunity to get paid for their services rendered much earlier. And then the second initiative is that we’re launching a small business funding resource on Facebook.”
While encouraging consumers to support small businesses as well. Find more info at www.facebook.com/smallbusiness.
You can find us at Techstination.com. I’m Fred Fishkin.