New data shows rise in online orders even after states reopen

The COVID-19 pandemic has changed our lives in a multitude of ways over recent months, and our everyday shopping habits are no exception.

As widespread shelter in place orders went into effect, consumers were not able to pop into a store or go out to eat in the same way that they always did. More and more consumers turned online, placing online orders for items they might have purchased at a brick-and-mortar location only months earlier.

Increasingly, local businesses have found themselves trying to figure out how to combine online purchasing or booking with in-person fulfillment or local delivery.

 

For small businesses working hard to weather this storm, there is value in understanding if an increased focus on online shopping might persist beyond the crisis as shopping behaviors change. 

GoDaddy examined the performance of its customers across 15 states (Alaska, Alabama, Florida, Georgia, Idaho, Indiana, Kansas, Mississippi, Missouri, Montana, Read more

5 key areas to cover in a business plan’s financial projections

Drafting the financial projections within a business plan takes a bit of time and data referral to properly detail information as it pertains to your startup’s finances. Are you unfamiliar with what it means to cover your business plan’s financial projections? We’re here to help you out.

What are financial projections?

A business plan essentially acts as a blueprint for your startup. You might begin to outline goals and milestones that you’d like your startup to reach within the next few years in business.

Additional information — including descriptions of your products and services, an industry analysis, and a snapshot of the startup’s finances — are also included.

This further evaluates the feasibility of the startup from an objective standpoint.

 

That specific snapshot of the startup’s finances is housed in a business plan’s financial projections. This section is dedicated to the startup’s current cash flow.

Information that covers a … Read more