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COVID-19 Pivot: Boston Restaurateur Turns Idle Space Into Cozy Money Maker

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Like restaurant owners and operators everywhere, restaurateur Chris Campbell of Boston’s Troquet on South has found the past eight months to be full of challenges. Then the city of Boston told us we have a curfew of 10:00 p.m., That honors the 2015 passing of Boston hot dog cart owner Ezra “Speed” Anderson, Campbell’s friend.

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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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More than two-thirds of marketers are still failing to capitalize on this outreach method, however, spotlighting a massive missed opportunity. Research shows that 98 percent of consumers open and read their text messages, which means that mobile channels can offer merchants a unique opportunity to reach their customers and encourage sales.

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The Main Street Rescue That Wasn’t (And Still Isn’t)

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What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic.

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In Cryptoland, Jobs Disappear As Speculators Flee

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In that instance, the venture firm has yet to turn a profit, and the investments/firms that it funded were not even expected to gain traction on top lines, let alone find their way toward showing black ink on the operating line. was down 3 percent in the 12 months leading into October.

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How Spend Tools Feed Food Banks’ Need For Accountability

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Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

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ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. The ShipMonk funding is part of a surge in cash going to such B2B companies as GoSite , which targets small and medium-size businesses (SMBs) that are moving operations online.

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Higher Costs Loom For SMBs Post-Brexit

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There could be billions more in new capital requirements, which means that lending (and thus, borrowing) may become more expensive. The projections come from a Boston Consulting Group and Clifford Chance study, and at least some of those costs will be borne by end customers. s severance from the EU becomes reality.

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