3 promising industries for starting a business during the pandemic

Entrepreneurs have seized the opportunity to start new companies in a wide variety of industries during the COVID-19 pandemic. While not all of these ventures will be successful, businesses that help alleviate some of the new challenges created by the pandemic are poised for long-term growth. Here are three industries that hold promising opportunities for entrepreneurs looking to start new businesses. 

1. Contactless tech

One of the most significant business opportunities is directly related to one of the most widespread problems of the COVID-19 era: the risk of virus transmission in shared spaces such as retail stores. Many grocery stores and other businesses had already upgraded their point-of-sale systems to allow customers to pay using a smartphone or contactless card before the pandemic. And there’s been more interest this year in “cashierless” systems like those used at Amazon Go stores, says Laura Kennedy, senior lead retail analyst at research firm

Read More

Tomlinson: Government insurance for hurricanes and floods going broke

Real estate is the most valuable asset most people will ever possess, and insuring against natural disasters like floods and storms is common sense.

Or so you might think. Two government-mandated programs are in financial straits, with critics asking if they should exist at all.

The Texas Windstorm Insurance Association is still kicking the financial can down the road to avoid raising rates because coastal property owners do not want to pay their fair share. Meanwhile, San Antonio-area homeowners are allowing their federal flood insurance to lapse as memories of past floods fade.

When disaster strikes—and we know it will—taxpayers will be left picking up the tab for others’ foolish decisions.

TOMLINSON’S TAKE: Unscrupulous developers will strike back against flood measures

The windstorm association, a quasi-government entity known as TWIA (TWEE-ah), provides coverage to more than 190,000 properties in 15 coastal counties that no private company will insure. That includes

Read More

Your health insurance might be on the chopping block

Too bad there is not another presidential debate this week. The moderator would be able to ask the most important question of our time: When it comes to a comprehensive health insurance program, which is better: ObamaCare or what the Trump administration has proposed to replace it with? 

It’s a trick question, because to date, after four years of promising a better health insurance plan, there is no Trump administration plan.

The Affordable Care Act (ACA), better known as ObamaCare, which passed in 2010, extended coverage to millions of uninsured Americans by expanding Medicaid. Thirty-nine states have since elected to expand eligibility. For others not covered by their employer’s plan, new health insurance exchanges were created to allow individuals to buy health insurance.

Additionally, the ACA set federal standards for health insurers that offer plans to individuals, small groups as well as employer-sponsored health benefit plans.  For the first time,

Read More

Premiums Cost 10 Times More)

Six months into the coronavirus pandemic, many Hollywood companies still can’t head back into production on film and TV projects because of one major roadblock: Insurers have made no moves to incorporate pandemic coverage into policies, leaving big studios to self-insure and smaller production companies to seek pricey alternatives — or gamble on shooting without any coverage at all. Productions that bought policies before March are largely safe, as multiple insiders tell TheWrap that most policies procured before the pandemic shutdown did not have COVID-19 or infectious disease exclusions, and cast insurance and civil authority policies cover expenses incurred due to the coronavirus. However, any policy written since March now has a “platter of exclusions” as insurers seek to mitigate potential losses, according to Brian Kingman, managing director at Gallagher Entertainment, who helps find coverage for Hollywood’s stars. Plus, no major insurance carriers will offer COVID-related coverage moving forward. “In

Read More

Second Stimulus Check: How much money could you get if a second deal gets done? The latest on economic recovery talks

Even if the news isn’t always good the fact that there’s news at all when it comes to a second economic stimulus package is positive for people who are in desperate need of cash before year’s end.

That’s because any news at all means that Republicans and Democrats have been talking, and that’s a good thing because there were times — even earlier this week at President Donald Trump’s urging — when it looked as though they might walk away from the table before getting a deal done.

The sides have long been in agreement, however, that Americans need financial help, and Trump changed course during the week and is pushing for a package, too.

The latest Saturday was a $1.8 trillion stimulus package proposed by Republicans, and while a deal on the table is positive, it’s not likely to be the one that eventually gets done — provided

Read More

What is the Financial Services Sector?

The economy is made up of many different segments called sectors. These sectors are comprised of different businesses that provide goods and services to consumers. The companies that are grouped together in a sector provide a similar product or service. For instance, companies that offer agricultural services make up the agricultural sector. Corporations that provide mobile or cellular telephone services are part of the telecommunications sector. This article looks at the financial services sector, one of the most important segments of the economy.

Key Takeaways

  • Financial services make up one of the economy’s most important and influential sectors.
  • Financial services is a broad range of more specific activities such as banking, investing, and insurance.
  • Financial services are limited to the activity of financial services firms and their professionals while financial products are the actual goods, accounts, or investments they provide.

What Is the Financial Services Sector?

The financial services sector

Read More

Turning Change Into Opportunity Through Adaptive Sophistication

Director of Marketing at Chargebee, helping organizations grow through streamlined subscription billing and revenue operations. 

On March 17, 2020, Fortune published an article (subscription required) predicting why online classes wouldn’t really work. On March 23, six days later, and for the first time in its history, all classes for undergraduate and graduate students at Harvard transitioned to online delivery. In the six months since, Harvard has had to revamp its curriculum and reevaluate its centuries-long traditions to facilitate its first 100%-remote semester. 

“This is a moment in time that demands unprecedented innovation and inspiration,” Nonie Lesaux, HGSE academic dean, told the Harvard Gazette

It’s not just Harvard. The global pandemic has redefined the way we live, work and learn. Looking deeper into education, 2020 has been the tipping point for e-learning. While investors have bet on e-learning for years, companies within this segment have struggled with large-scale adoption

Read More

Bitcoin Is An ‘Insurance Policy’ Against The Fed, Warns Former Facebook Exec

The U.S. dollar has been under pressure this year, taking a big hit as the coronavirus pandemic wreaked havoc on America’s economy.

In the run up to next month’s U.S. presidential election, investors are scrambling to understand how a win for either incumbent Donald Trump or Democratic challenger Joe Biden will move the dollar and currency markets.

However, former Facebook
FB
executive-turned venture capitalist, Chamath Palihapitiya, has warned neither Biden nor Trump will help U.S. dollar—but holding bitcoin is an “insurance policy” that helps him to “sleep soundly at night.”

MORE FROM FORBESForget Jack Dorsey And Square-Is This The Real Reason Bitcoin Has Suddenly Soared?

Read More

The top 9 reasons for personal loans

Personal loans are borrowed money that can be used for large purchases, debt consolidation, emergency expenses and much more. These loans are paid back in monthly installments over the course of typically two to six years, but it can take longer depending on your circumstances and how diligent you are with making payments.



Birdseye view of desk


© PeopleImages/Getty Images
Birdseye view of desk

Here are the top six reasons to get a personal loan and when they make sense:

Loading...

Load Error

  1. Debt consolidation.
  2. Alternative to a payday loan.
  3. Home remodeling.
  4. Moving costs.
  5. Emergency expenses.
  6. Appliance purchases.
  7. Vehicle financing.
  8. Wedding expenses.
  9. Vacation costs.

Get pre-qualified

Answer a few questions to see which personal loans you pre-qualify for. The process is quick and easy, and it will not impact your credit score.

Get Started

How personal loans work

Once you get approved for a personal loan, the funds you receive will be disbursed in a

Read More

driving religious religious out of business

Tim Busch, Opinion contributor
Published 6:00 a.m. CT Oct. 11, 2020

Woke capitalism is forcing business owners to choose ideological sides or get out of business.

When I started my first business 40 years ago, I had to ask myself a lot of questions. Where should I get office space? What is my revenue model? How could I expand? And many others. But there’s one question I’d have to ask now that I didn’t have to ask then: Do I need to abandon my faith?

The rise of so-called “woke capitalism” has put religious belief on a collision course with entrepreneurship and economic participation. Where once business was about innovating and improving lives, now companies are being pressured by political leaders and activists to toe a variety of ideological lines.

Woke capitalism threatens religious freedom

The ever-shifting list of demands ranges from supporting slavery reparations to opposing the police, from

Read More