If you’re like me, you’re a bit stupefied at how the world has completely changed in a few short weeks. And you dread what it’s going to look like once the threat of coronavirus dies down. So many small businesses have been impacted, and the small business landscape is going to be forever changed. I’ve […]
5 Lessons Small Business Owners Should Learn From the Pandemic Read More »
By Jennifer Faught Your team is not engaged because your people are not aligned. Most organizations are made up of different departments that operate on different timelines, agendas, and strategies. When departments or teams work in isolation, it is commonly known as silo mentality. That environment, unfortunately, can restrict efficiency and innovation in an organization,
Team Engagement Is 1% Strategy and 99% Alignment Read More »
Headlines are bleak right now. The spread of the coronavirus has people in panic mode, and that is impacting small businesses. It seems entirely possible that we will soon be in the middle of a recession—and yet 44% of small businesses are not prepared for one. Being unprepared can have disastrous consequences, especially for a
Will Your Small Business Be Ready If a Recession Hits? 5 Ways to Prepare Now Read More »
“The time to recession-proof your business is now. Once the economy starts to downturn, it may be too late to turn the ship and make the changes you need to so your business survives, and even thrives, in a worsening economy,” warns Belinda Rosenblum, CPA, and money strategist for entrepreneurs. She points out that a
6 Strategies to Recession-Proof Your Small Business Read More »
By Kash Mathur Success in the startup space is no small undertaking. You’re trying to validate your product and simultaneously trying to develop a customer base, secure funds, establish a sustainable business model, and find the right people to bring on board. All that and figuring out how to scale, too! With your attention so
Are You Focusing on the Right Key Metrics to Scale Your Startup? Read More »
Last week we took a look at what several business experts, entrepreneurs, and business thought leaders predicted was going to unfold for small business owners in 2020. Now, in part 2, I want to share additional predictions about advertising, marketing, workplace issues, retail, and more. If you missed part 1, be sure to read The Year
What lies ahead for small business owners and entrepreneurs? Many people I’ve talked to feel like they are living in a Dickens novel. It’s the best of times: “The economy is going strong, driven by consumer spending,” says Sharon Miller, managing director, head of small business for Bank of America. She says according to bank
This is the time of year for both reflecting on the past and planning for the future. As the calendar year winds down, many small business owners use this relatively slow time of year to set goals for the year ahead with an annual goals meeting. Coming up with budgets, forecasts, and goals for an
Prepare Your Business for a Successful Year Ahead with an Annual Goals Meeting Read More »
By Jake Eisenberg Running a business without a proper cash flow system in place is like driving a car with a blindfold on: you know where you want to go, but you don’t have any idea how to get there. Likewise, you want to grow your business, but it won’t be possible if you don’t
Manage Cash Flow and Increase Profitability in 8 Easy Steps Read More »
By Eden Amirav Poor cash flow management is the number one reason small businesses fail, causing 82% of business failures, according to a U.S. Bank study. How can you as a small business owner or manager mitigate this risk? How can you improve your company’s cash flow? First of all, you need to understand exactly
How to Better Manage and Improve Your Business’s Cash Flow Read More »
