How to Keep Your Small Business from Failing
How to Keep Your Small Business from Failing According to recent reports, the economy is booming, and it seems that now would be an excellent time to start a new business. The failure rate of new businesses is sobering, though. Bloomberg research shows that eight out of every ten businesses fail within a year and […]
The Benefit of Transparency
Why Transparency Matters You know you have everything in place to run a successful business but you are frustrated that your marketing is not getting the results you want. If you seem to be losing more sales to the competition than you are winning and few customers are turning into repeat customers it is time […]
How to Create a Customer-Focused Culture
How to Create a Customer-Focused Culture Automation is changing the way we live and work, and in most cases, the change is for the better. But there are some things that still require the human touch and despite all the technological advances in recent years, no one has figured out how to automate great customer […]
Know Your Competition
Do You Need to Know Your Competition? Why are you better than your competition? Do you know what differentiates you from your competitors? Most business owners believe their company is better than their competitors, but knowing what sets them apart is critical. The problem is that it takes time and effort to learn about your […]
8 Ways to Increase Profits for Your Small Business
How to Increase Profits for Your Small Business As a small businesses owner, you no doubt spend a lot of time thinking about how to increase profits While increasing sales and revenue typically receive the most attention, looking for ways to reduce operating expenses and improve your cash flow can also help you increase profits. […]
Responsibility in the Workplace
Responsibility in the Workplace Business owners must have employees with strong skills working for them. They must be able to delegate to those employees. As an employee of a business, you have a responsibility to the company to do your job well. What is responsibility? It is made up of two words, response and ability. […]
Small Business: Staying Afloat During Tax Season and Beyond
Small Business: Staying Afloat During Tax Season and Beyond Maintaining positive cash flow while running a business is critical. Tax season is an extra busy time for small business owners. About 70% of small business owners outsource their tax preparation to a CPA or other trusted financial advisors. The business retains the responsibility for preparing […]
Small Businesses Remain Optimistic in 2018
Small Businesses Remain Optimistic in 2018 A recent survey by Wells Fargo and Gallup found that optimism among small business owners is at an 11-year high. The survey, which was conducted between January 3 – 9 of this year showed a significant increase in the “future expectations” score which is an indication of how well […]
4 Small Business Tips for Success in 2018
Business Tips for Success Owning and operating a small business takes dedication and hard work. As 2017 comes to a close, it’s a good time to take a look back at the business practices that worked well, and which ones need to be improved on. Here are four tips to help you make the most […]
8 Small Business Finance Tips
Business Finance Tips Running a small business can be tough, frustrating, and requires most owners to wear multiple hats. While most owners are comfortable being involved in sales, marketing, production and even HR, many feel completely out of their element when it comes to financing. While this is an area that’s typically better left to […]
