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Small business on-the-go? Smartphones make it easy

JOSEPH PISANI
AP Business Writer

NEW YORK (AP) — Avi Shenkar runs his four hair salons from the palm of his hand.

Work for the owner of Blo/Out Blow Dry Bars begins as soon as he grabs his iPhone at 6 a.m. while still in bed. He scrolls through messages on group texting app GroupMe to see if any of his stylists are running late or need the day off. He pumps pop and electronic dance music through the wireless speakers in his stores using an app for Sonos, a brand of wireless speakers. And he can see what’s going on in each location by watching video on his phone from cameras with the Samsung iPolis app, a video camera security system.

“The phone is always with me,” says Shenkar, whose salons do blowouts for $35. “It’s an extension of me.”

Smartphones have become vital for on-the-go entrepreneurs. Apps aimed at small business owners allow them to pay bills, update websites, market their companies, reach out to customers and keep in touch with employees from anywhere. Some owners say their smartphones makes it easier for them to build a side business while keeping a full-time job or step away from the company when needed.

They’re also a big help for store owners, like Shenkar, who can’t be at every location at once.

“Typically, I drive from one store to another,” says Shenkar, who has three stores in Philadelphia and one in Atlantic City, which is only open in the spring and summer months.

Last year, he dropped his iPhone and shattered it before a drive to the Atlantic City shop.

“I had to immediately rush over to the Apple Store,” he says. “I didn’t care what the price was, I just got it.”

Noah Chaimberg is also attached to his smartphone. He started Heatonist.com, a website that sells specialty hot sauces, in November. He still works a full-time marketing job in New York and relies on his iPhone to keep him connected to his business.

An app from online store creator Bigcommerce alerts him when an order is made on Heatonist.com. He pays suppliers using an app from payment processor PayPal. He also frequently uploads photos of hot sauce bottles to photo-sharing app Instagram, which helps him attract new customers.

When he goes to food festivals to sell carrot curry or red chili lime hot sauces, he turns his iPhone into a cash register with Square, a small device the size of a quarter that plugs into his phone and lets customers buy the sauces with their debit or credit cards.

“I’m constantly on the go,” Chaimberg says.

Some entrepreneurs don’t even have to be in the same state to run their business.

Kimberly Davison, who co-owns women’s clothing store Goodbuy Girls in Nashville, Tennessee, moved to Los Angeles in April to earn some extra cash as a freelance marketing consultant to pay off a $10,000 dentist bill. She also wanted “to have fun” after running the store for nearly five years. Her co-owner, who drops by the shop a few days a week, was skeptical about the move, Davison says, but the arrangement is working.

Davison updates the stores website with an app from website and blog publishing platform WordPress on her Nokia Lumia smartphone. She gives out a Google Voice phone number to customers so that they can text her if they want to order a T-shirt or a vintage pair of cowboy boots. She uses Google’s calendar to schedule employee work hours and special events, like if a country artist plans to stop by for a fitting. And she uses Instagram to post photos of new items she finds after meeting with clothing wholesalers in Los Angeles.

Often, customers ask to buy clothing straight from Instagram. That’s when she’ll respond with a link to the store’s PayPal account to pay for the clothing.

“I literally do this sitting on the beach sometimes,” says Davison. “It’s crazy.”

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Follow Joseph Pisani on Twitter at https://twitter.com/josephpisani

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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