Many people dream of becoming entrepreneurs, and often the biggest...
Letting technology do the heavy lifting for certain monotonous tasks...
While small businesses must handle day-to-day tasks—like managing...
Benefits administration can be a game-changer for small...
April 15, 2020
If you’re looking for new tools to add to your small business’ coronavirus strategy, Instagram and Kabbage have added options that entrepreneurs may want to consider.
Starting today in the US and Canada, Instagram is giving businesses the option of adding stickers to their profiles or Stories that allow users to buy gift cards and order food deliveries.
When users tap on these stickers, they are then directed to the business’s website, where they can order gift cards or food delivery. Instagram aims to roll these functions out to a global audience over the next few weeks. Also on tap for the near future is a fundraising option, which will open in Facebook (Instagram’s parent company).
“Spread the word by resharing the stickers in your Stories,” Instagram said in an announcement about the new feature. “For many businesses right now, every sale helps. We’ll continue to work on features that make it easier to support the small businesses you care about.”
Selling gift cards can help businesses bring in cash now for consumers to use later, ostensibly when foot traffic resumes. Although some companies may not have a way to create and sell gift cards, small business lender Kabbage created a service last month that lets any business sell gift certificates.
To use the service, entrepreneurs should create a free account on Kabbage Payments, and the site will then generate a unique URL that businesses can share with consumers. You’ll then be able to sell gift certificates ranging in value from $15 to $500. The earnings will be deposited into your account for use now.
Kabbage joined forces with Facebook to promote gift certificates for small businesses. When consumers search Facebook for businesses in the area, your firm will come up in the results, with the gift certificate option noted in the results.
“The impact of COVID-19 on small businesses requires the support of a nation,” said Kabbage CEO Rob Frohwein in a statement about the feature. “Many businesses are closing and others are seeing reduced demand. The site is a means for the millions of small businesses that employ more than half of all employees in America to continue making sales and to feel your commitment to their long-term success.”
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
While small businesses must handle day-to-day tasks—like managing payroll or closing monthly books—long-term planning is the compass that keeps them...
Benefits administration can be a game-changer for small businesses aiming to attract and retain top talent. While salaries remain an...
Choosing the right accounting method can significantly impact how you track financial performance, manage taxes, and plan growth. Two common...
Bootstrapping—financing growth through internal cash flow—is a hallmark of many successful startups. But as businesses mature past their initial stage,...
In today’s business landscape, technology is more than a convenience—it’s a strategic asset that can supercharge growth. But as you...
The month-end close can feel like a perpetual scramble—collecting invoices, reconciling accounts, fixing last-minute errors. A drawn-out close not only...
Overhead costs—from utilities and rent to administrative staffing—can quietly swell until they erode profit margins and slow your ability to...
Growth triggers a tidal wave of financial complexity, multi-entity operations, new product lines, overseas expansion, or investor relations. If your...
Mergers and acquisitions (M&A) can dramatically alter a company’s trajectory—unlocking new markets, technologies, or customer bases. Yet, many deals stumble...