Creating a business budget plan for emergencies

If you run a small business or side hustle, what would you do if an unexpected emergency impacted your business? These are times when it’s essential to have an emergency business budget plan already created and ready to go.

While COVID-19 is a stark reminder of the types of emergencies that can impact a business, natural disasters, employee or customer injuries, and other problems that can show up with little or no notice.

If you run a small business, follow these tips to understand how a business budget plan for emergencies works and how you can set one up for your business.

How to create a business budget plan for emergencies

While many people neglect the business budget plan, nearly every business should have an operating budget. This budget guides your business spending and helps you meet financial and profitability targets. Without a budget, it’s hard to know if you’re … Read the rest

Adapting your fitness business for social distancing

Personal trainers, gym owners and other health and fitness experts have been hit hard by the COVID-19 pandemic. The fitness business and social distancing guidelines are difficult to merge simply due to the high-touch nature of fitness centers. This makes them a higher-than-average health risk while the coronavirus is circulating. Accordingly, most gyms were quick to close, and very few have made plans to reopen at full capacity.

If you want to preserve your business — or continue building it — you’ll be glad to know there are many options available to you, as long as you’re willing to adapt. So how can you adapt your personal training or fitness business to accommodate social distancing and closed gyms?

Move your business online.

 

Let’s explore a few options.

Personal training online

Rather than meeting people in the gym, you can meet with them virtually, relaying video feeds and communicating … Read the rest

4 COVID-19 mobile app trends every small business owner needs to know

It’s no secret — we live in a mobile app world. Since 2016, mobile use has trended upwards. Mobile has surpassed desktop usage and proved itself as an almost limitless means of connecting with others, conducting research and making purchases anytime, anywhere. As such, mobile app trends are on the minds of many entrepreneurs.

But, how has COVID-19 impacted consumer mobile engagement?

 

Well, in short, smartphone usage has increased across the globe since the start of the pandemic.

The pandemic has highlighted the value of mobile devices in the digital age, creating an interesting mix of emerging mobile app trends.

If you’re a small business owner looking to offer more value to your existing customers while attracting new audiences in the age of COVID-19, here are the mobile app trends you need to know about.

Related: Take your small business online — A step-by-step guide

Immersive mobile experiences

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From The Hill: America’s hidden resilience factor

GoDaddy and The Hill hosted an event on Tuesday, September 15 about microbusinesses and their impact on the U.S. economy.

GoDaddy’s CEO, Aman Bhutani, opened the event by sharing data that illustrates the impact microbusinesses make on local economies throughout America. These are businesses and ventures run with fewer than ten people. Often, they’re run by just one person, part-time. They’re side-hustles. Despite their size, these ventures make a startling impact on their communities.

The power of ventures on local economies

Measuring like-for-like locations impacted by the Great Recession, GoDaddy found that cities with more microbusinesses per 100 people recovered faster than cities with fewer everyday entrepreneurs.

Median income was higher in these places, unemployment was lower.

 

Bhutani and GoDaddy are so passionate about this information and the power of ventures within a community, they’re making this data available to everyone. They’ve committed to knocking on … Read the rest

GoDaddy & Felons.io – The life of an unregistered domain

GoDaddy was accused of using customer domain search inquiries to register names for itself on September 17. These accusations are 100% false. This type of behavior is predatory, unethical, and goes against everything we stand for as a company.

To put any rumors or speculation to rest below is a fully transparent, play-by-play of what transpired with felons.io, including how often it was searched for and why it will be available for registration again in a few days.

GoDaddy search history for felons.io

Here are the recent results where felons.io appeared to customers in the search results page leading up to purchase on September 16, 2020:

*Search Query: This is the domain name or keyword customers searched for.
**Search Date: This is the date customers did their search.
***Suggestion type: Searches can appear in three different places. “Exact” means the customer searched for felons.io. “Suggested” means we recommended
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Business vs. personal credit cards — How to choose your best option

The information contained in this blog is provided for general informational purposes only, and should not be construed as an endorsement or advice from GoDaddy on any subject matter.

For business owners, understanding business vs. personal credit cards is key. It isn’t just a matter of using one credit card for your personal life and another for your business expenses. These are two different products that can have major economic and legal implications for your business.

That being said, it’s understandable if you have questions. Many of us do, including: Can you use your personal credit card for business purposes, or vice versa? What kind of protection or benefits does a business credit card offer? Why can’t you just use the same credit card for everything in your life?

Let’s break down the key differences between business and personal credit cards. We’ll discuss each type of card, what you typically … Read the rest

How to increase your average order value

When you have an ecommerce store you are always looking for new ways to convert customers and increase your average order value (AOV). Your AOV is pretty much what it states, the average order value of all the orders placed in your store.

By increasing your AOV you will have more revenue with the same number of customers. To calculate your average order value, tally your total revenue then divide that by the total number of orders you have received.

Total Revenue ÷ Total Number of Orders = Average Order Value

 

In this post, we’re going to offer you tips and strategies to encourage your customers to buy more from you than they may have initially planned.

Here’s what we’ll cover:

  • Free shipping costs and implementation.
  • Cross-selling strategies.
  • Integrating add-ons and personalization.
  • Upsell higher tier products.
  • Creating bundles and discounts.
  • Developing a rewards/loyalty program.
  • Using time-sensitive offers.
  • Adding targeted
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Show your pride with a .gay domain

Fifty years ago in New York City, the first “Gay Liberation Day” was organized, marking the first anniversary of the Stonewall uprising. LGBTQ people held flags, banners and heads high as they proclaimed that “Gay is Good!”

Their steps — in broad daylight, marching up New York City’s Sixth Avenue to Central Park — were monumental, instigating widespread media coverage of LGBTQ issues and bringing the modern fight for equality into the public consciousness for the first time. This event is now remembered as the first Pride parade, and to this day its legacy inspires LGBTQ people (and their allies) to bravely demand acceptance and visibility.

The launch of the new .gay domain extension is a meaningful moment in time that increases representation for LGBTQ people around the world. Furthermore, the domain breaks the mold with industry-first policies — which GoDaddy is proud to support — that fund LGBTQ … Read the rest

How to incorporate a business

Eureka! You have a unique idea for an endeavor that you’re passionate about or believe can meet the needs of many consumers. You have collected feedback and tested out this great idea. But before you can bring your idea to life, you need to know how to incorporate it into a business.

Having your big idea allows you to choose a business model and create a business plan that acts as the foundation for your new venture. Incorporation is a critical next step before launching a small business.

In this post, we’ll take a look at what it means to incorporate as a business entity.

We will also outline some of the most common entities for incorporation, including these formations:

  • Sole proprietorship
  • Limited liability company (LLC)
  • Corporation
  • Professional corporation
  • Nonprofit corporation

What does it mean to incorporate a business?

How is incorporation defined?

Incorporating a business is the process of
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WooCommerce alternatives you can’t afford to ignore

WooCommerce is a powerful ecommerce plugin for WordPress that lets you build all kinds of online stores. That’s why we chose WooCommerce to power our Ecommerce WordPress Hosting plans, complete with 40+ premium WooCommerce extensions, all included for free.

Related: Why WordPress Ecommerce Hosting is right for your next online store

But WooCommerce isn’t your only option for selling online. There are a bunch of other WordPress plugins that will let your customers – or your client’s customers – make purchases.

Depending on your needs, one of these WooCommerce alternatives may be better suited to the job. Here’s a selection of them worth considering for your next project:

  1. WP Easy Cart
  2. eCommerce Product Catalog Plugin
  3. Magento
  4. Ecwid
  5. BigCommerce
  6. Shopify + WP Shopify
  7. Easy Digital Downloads
  8. Gumroad
  9. Vcita
  10. Jobber
  11. Memberships + LMS
  12. Form builders

Note: We’re not looking at every possible alternative to WooCommerce. We’re only listing alternatives that feel … Read the rest