We need to take immediate action to save our small businesses from collapse. This is a creative solution that combines existing payment infrastructure, corporate sponsorship, and individuals to save the backbone of economic growth in this country.
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼❤️💋🧑🏽 8923113531 𓀇 VIP ...
Save Small Businesses - #TheDollarInitiative - Creative Solution
1. Page 1 of 15
THE DOLLAR INITIATIVE
The economy affects EVERYONE, and it’s time for us as citizens of the United States to take
action TODAY.
Our mission is to help bridge the financial gap and burden that has been created by social
distancing.
Tons of small businesses are closing and letting go of their employees. These business
owners and employees are our friends, family, colleagues, and the rest of our tribe!
Small businesses make up 99.9% of businesses in America, and they employ 47.3% of
Americans! If most of these businesses start to close, it could have a devastating effect on our
economy and it will affect us ALL. Even large corporations will be affected because smaller
businesses are their customers!
COVID-19 has heavily impacted all of us. These are hard times financially for many of us, but
together we can make a huge difference. It’s time for us to pivot from reaction to action and
take back control.
Even if the federal government sends us checks, there are still small brick and mortar
businesses that will suffer as people avoid public places, such as book stores, restaurants,
coffee shops, movie theaters, daycares, and COUNTLESS others.
We are calling upon individuals and large corporations to join the movement today and start
donating to local small businesses! Every dollar counts.
Sean Patrick O’Grady and Katie Kent O’Grady
Please contact us at thedollarinitiative@gmail.com
3/20/2020
2. Page 2 of 15
The Dollar Initiative High-Level View
(Details for implementation on next page)
Small Businesses
have increased
cash reserves to
weather the
storm and retain
employees
Individuals
donate
money to
small
businesses
Large
corporations
donate to
small
businesses
through a non-
profit
3. Page 3 of 15
THIS IS OUR PROPOSED SOLUTION
SQUARE INC + SCORE.ORG + INDIVIDUALS + LARGE DONORS = #TheDollarInitiative to Help Save Small Businesses
Behind the Scenes
1) SQUARE INC creates a donations module for the CASH APP
a. Develops a small business registration form for donations
b. Develops a search function for individuals to find small businesses they want to support
c. Develops a “send donation function”
2) SCORE.ORG becomes the non-profit partner and tax incentive vehicle
3) SCORE.ORG establishes an escrow account to hold large corporate and individual donations
4) SQUARE INC executes an integration to the escrow account for the donation match
3) Everyone recruits corporate partners and donation commitments for the cause
4) SCORE.ORG deposits the donations into the escrow account and provides tax deductions
Small Businesses
1) Register your business with SQUARE INC
2) Tell your community you need help and share your story
3) Continue providing the best products and services you can
Community
1) Download the CASH App (if you don’t have already it)
2) Search for the businesses you want to support
3) Send your donation
4) Matching donation will be deposited via Square + Escrow on behalf of the donors
5) Share your donation with your friends to gather more support
~Rinse and Repeat~
4. Page 4 of 15
-
-
-
-
-
-
-
-
-
-
SQUARE
INC.SCORE.ORG
ESCROW
ACCOUNT
Microsoft
Apple
Salesforce
Tesla
Bank of
America
Berkshire
Hathaway
Amazon
EVERY OTHER CORPORATION THAT WANTS TO
HELP
TAX
DEDUCTIBLE
DONATIONS
TAX
DEDUCTIBLE
DONATIONS
Small business
Registration Form
- Triple Verification
- EIN Number
- Business
Address
- Email Address
John Smith
Searches for businesses
DONATE $1.00 to
TASTY DONUTS
Of MAIN STREET
Search Results =
“Tasty Donuts of
Main Street”
CASH
APP
(or Desktop)
Tasty Donuts of
Main Street
(small business)
$1.00 Donation
from John Smith
API CONNECTION FOR TRANSACTION
DETAILS TO ESCROW BANK ACCOUNT.
$1.00 Matched donation from
Corporate Partners via Score.org’s
escrow account and CASH APP
payments
$2.00 to
Help Tasty Donuts
CORPORATE PARTNERS AND
NON-PROFIT INCENTIVE VEHICLE
AVAILABLE PAYMENT
INFRASTRUCTURE
Individuals
The ultimate goal
would be for the ratio
to be much greater
than 1:1
5. Page 5 of 15
ACTION STEPS
SQUARE SCORE.ORG Corporate
Partners
SMALL BUSINESSES
1. Build the Small Business Registration form
for any small business that NEEDS help
a. Validate the registration based on:
i. EIN
ii. Business Address
iii. Business Email
2. Integrate these businesses into SQ/ CASH
APP
3. Make a search function for users to find
businesses
4. Deploy the “Donation” Action in CASH APP
a. **Waive any Fees**
5. Work with the Bank’s API to facilitate the
matching donation from the escrow account
via the payment infrastructure.
SPREAD THE WORD: RECRUIT CORPORATE
PARTNERS, USERS, SMALL BUSINESSES
#THEDOLLARINITIATIVE
1. Create an Escrow Account
for the Corporate Partners
Donations
2. Provide the Tax Deductions
for their donations and
associated records
3. Engage your Community
SPREAD THE WORD: RECRUIT
CORPORATE PARTNERS, USERS,
SMALL BUSINESSES
#THEDOLLARINITIATIVE
1. What amount can
you commit?
2. Engage your
Community
SPREAD THE WORD:
RECRUIT OTHER
CORPORATE PARTNERS,
USERS, SMALL
BUSINESSES
#THEDOLLARINITIATIVE
1. Register your company
2. Engage your customers for
donations and support
3. Share your story
SPREAD THE WORD: RECRUIT
CORPORATE PARTNERS, USERS,
SMALL BUSINESSES
#THEDOLLARINITIATIVE
6. Page 6 of 15
We Have To Keep The American Dream And Our Communities Alive
So many people have worked SO hard to start their business. Even businesses with high cash
reserves are eventually going to run out.
We keep seeing so many stories about businesses laying off most of their employees, businesses
forced to close, or that the future looks bleak.
Imagine the Ghost Town that your community could turn into as business after business closes
and the unemployment rates skyrocket.
These are our friends, family members, and neighbors. The hardships caused by COVID-19 affect
us ALL.
We Must Take Action TODAY Before The Devastation To Our Communities
Worsens:
• RESTAURANTS
• CAFES
• BARS
• MUSIC VENUES
• MOVIE THEATERS
• BOOK STORES
• CRAFT SHOPS
• DAYCARES
• BOUTIQUE CLOTHING STORES
• BAKERIES
• FURNITURE STORES
• ART SHOPS
• DONUT SHOPS
• ICE CREAM SHOPS
• SALONS AND BARBER SHOPS
• AND MANY MORE!
7. Page 7 of 15
Examples Of The Heartbreaking Devastation Being Caused
original article: https://www.eater.com/2020/3/17/21184114/restaurants-shutter-economic-impact-aid
WE MUST TAKE ACTION NOW!!
8. Page 8 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://www.theguardian.com/world/2020/mar/19/hairdressers-salons-new-york-coronavirus-impact
WE MUST TAKE ACTION NOW!
9. Page 9 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://www.latimes.com/entertainment-arts/books/story/2020-03-18/powells-portlands-beloved-indie-bookstore-lays-off-most-workers
WE MUST TAKE ACTION NOW!
10. Page 10 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://variety.com/2020/music/news/zac-brown-scooter-braun-video-crew-layoffs-coronavirus-1203539105/
WE MUST TAKE ACTION NOW!
11. Page 11 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://www.star-telegram.com/sports/college/article241345801.html
WE MUST TAKE ACTION NOW!
12. Page 12 of 15
WHY THIS SOLUTION WILL WORK
1.You can easily practice social distancing and send donations to some of your small local businesses
from your couch.
2.These individual donations would be vital to small businesses, and serve as the catalyst for larger
corporations to donate.
3. There are 329 million people in the United States. If everyone can commit something to a local
business in need, it can make a huge difference!
4. Large corporations and wealthy individuals can contribute for every donation. These donations will be
tax deductible, and is an investment into customers.
5. If we don’t take action, unemployment could rise to 20% or higher.
13. Page 13 of 15
SQUARE INC-
Your current platform has 90%-95% of the functionality already developed. You would also
need functionality for:
-BUSINESS DONATION REGISTRATION
- SEARCHING FOR BUSINESSES
- THE DONATIONS /TRANSACTIONS
- THE API INTEGRATION INTO AN ESCROW ACCOUNT
- AND SOME REPORTING.
Source: https://squareup.com/us/en/about
14. Page 14 of 15
SCORE.ORG
Your non-profit 501c3 status is vital for large corporations to donate to
small businesses. You are the perfect partner because you have been
helping small businesses for 50 years.
Source: https://www.score.org/content/mission-vision-and-values
15. Page 15 of 15
CORPORATE PARTNERS
Here are some great examples of corporations that are supported by small
businesses. We may have forgotten some, but EVERYONE is welcome!
Your Help Will Be Vital To Our Success As Americans
• MICROSOFT
• INTUIT
• GOOGLE
• FACEBOOK
• AMAZON
• BANK OF
AMERICA (all
banks)
• COKE
• PEPSI
• SYSCO FOODS
• FEDEX
• UPS
• VERIZON
• COMCAST