CFOCX ADVISORS

TechNode | February 11, 2020

Chinese tech behemoth Alibaba has unveiled a number of measures to support smaller sellers in its ecosystem as the economic impact from the novel coronavirus outbreak begins to set in, including offering service fees waivers or reductions and financial assistance. Why it matters: The coronavirus epidemic that has immobilized China is hitting the country’s already-slowing economy, the growth rate of which has inched down to a multi-decade low (in Chinese) in 2019. Business interruption, ris...

FINANCE

NEXT Insurance | October 23, 2021

NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced the availability of NEXT Connect, a trusted embedded insurance solution for some of the leading small business software ecosystems in the U.S. NEXT Connect enables small businesses to purchase fast and affordable coverage in a way that is convenient for them, either completely online or with the assistance of a licensed insurance agent. In addition, it provides an unmatched opportun...

Shopify | May 28, 2020

Shopify (NYSE: SHOP) has launched a new money management solution with a deliberate seller-centric approach. Known as Balance, the money management solution includes a raft to tools to help merchants run their business more effectively. The tools include a business account, business card, rewards, and no monthly fees. Shopify’s new money management solution is designed to help small businesses manage their business finance and cash flow in one convenient place. The current climate of consu...

MANAGEMENT

Los Angeles Area Chamber of Commerce | December 15, 2022

Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) joined Evan Reis, Executive Director, US Resiliency Council (USRC) at the Los Angeles Area Chamber of Commerce on Thursday, Dec. 1 to announce the creation of the SBA-USRC partnership to promote resiliency to small businesses in California. "Focusing on how small businesses can be resilient during disaster, recover and rebuild their local economy is the most critic...