The SmallBizLady Buzz - Issue 56

It’s all about the money 

ATTENTION: Everyone who was turned down for an EIDL Loan……

Effective immediately, small business owners can send a request for reevaluation of a Target #EIDL Advance application that was declined to this email address: [email protected] 

Applicants should follow these instructions when requesting a reevaluation:

• Send an email to [email protected]
• Use the subject line “Reevaluation Request for [insert your 10-digit application number]”
• In the body of the email, include identifying information for the application such as application number, business name, business address, business owner name(s) and phone number
• Important: Include an explanation and any documentation that addresses the reason for the decline, if available. SBA will contact applicants if additional documentation is required to complete the review. 

The Paycheck Protection Program ends on May 31.

The window is closing. Get your application in for PPP 1 and PPP 2 in right away. 

Find a PPP lender using LenderMatch: https://www.sba.gov/lendermatch 

???? Search for lenders in your area: https://www.sba.gov/PaycheckProtection/find

And for even more on how to make more money in your business, check out this week’s feature article: 7 Tips on How to Set Prices for Products and Services 

-----------------

7 Tips on How to Set Prices for Products and Services 

Pricing your products and services appropriately is one of the biggest hurdles in owning a small business. Understanding what your customers are willing and able to pay for is vital to ensuring your business is successful. 

Low prices don’t mean you’ll have customers lining up to buy. That can cause customers to assume your products or services are of low quality. High prices will discourage customers as well. You want to figure out what optimum price is attractive to your customer base while making a profit. Lock in your pricing strategy as soon as you can so your business can flourish as you gain repeat customers.  Continue reading....

-----------------

Video to Close the Distance

Vidyard offers easy video creation and video analytics; so small businesses can embed videos on their website or in an email with ease to drive sales. They offer an online video platform that has all the nuts and bolts a business needs to engage your prospects or target audience, whoever and wherever they are. The service also includes a responsive video player that can be embedded anywhere, with support for 4k and 360 video. For more information: www.vidyard.com

-----------------

Podcast: How to Scale Your Small Business with Jeff Chastain

Check out my recent podcast, How to Scale Your Small Business with Jeff Chastain

Jeff Chastain is a Business Transformation Coach and Founder of Admentus Inc., helping business leaders gain clarity and get more of what they want from their business. Following a career as a technology integration consultant Jeff formed Admentus in 2005 to help entrepreneurs scale up their businesses. He is also the host of the Building to Scale Podcast, In this episode, Jeff shares his thoughts on why many businesses are not running at their full potential and the common issues he sees in the companies. 

-----------------

HAPPY 12th ANNIVERSARY #SMALLBIZCHAT LIVE!

Today is the day that we're live on Facebook, Twitter and Youtube at 8pm ET.

Tonight, we'll do #SmallBizChat LIVE with three guests. You can see it live on my SmallBizLady Facebook Page, Twitter, or Youtube at 8pm ET sharp. We'll discuss The Truth About Running A Million-Dollar Business with Kathy Svetina @KSvetina on LinkedIn, Top Ways to Get More of your Ideal Clients & How to Design An Effective Website with Billy Polson @BusinessMovement on Instagram, and Profit First Strategies And Accounting Hacks Business Owners Can Use To Make Their Life Easier with Susanne Mariga @Susanne.Mariga on Instagram.

-----------------

Subscribe and don't forget to leave a comment below!

Melinda F. Emerson, “SmallBizLady” is America’s #1 Small Business Expert. She is an internationally renowned keynote speaker on small business development, marketing and social selling. Melinda is also the president of the Quintessence Group, an award-winning marketing consulting firm based in Philadelphia, PA, serving Fortune 500 brands who target small business market. LinkedIn named her a Top Voice for 2019 in Small Business and Entrepreneurship. In addition to being a former NY Times columnist, she is frequently quoted by media organizations including The Wall Street Journal, Fortune, MSNBC, CNBC and Fox News. She is the host of #Smallbizchat LIVE and The SmallBizChat Podcast. A prolific writer, Melinda has published more than 5000 articles on her blog www.succeedasyourownboss.com. Her small business advice is widely read reaching more than 3 million entrepreneurs each week online. She is the bestselling author of Become Your Own Boss in 12 Months, 2nd Edition. Her latest book is Fix Your Business, a 90 Day Plan to Get Back Your Life and Reduce Chaos in Your Business.