Before the coronavirus jolted stock markets and global supply chains, U.S. small-business confidence was the highest it had been in more than a year. Now the question is whether that optimism can overcome the uncertainty created by the disease. The fear of the infection spreading in the U.S. and elsewhere sparked last week a frenzied selling of stocks …
Small businesses frequently go through cycles of strong and weak profits. When profits are low, you probably will want to find time-tested ways to save money. You do this by cutting costs and reducing your overhead without sacrificing sales. Here are 8 proven ways for your business to save money: Outsourcing: You can save money …
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When entrepreneurs talk about scaling, they’re referring to the art of profitably growing a business. Coming up with a trailblazing idea for a product or service is only part of the battle; the other, more difficult part involves introducing that idea to others so successfully that they reward your efforts with their hard-earned cash. Scaling a business is …
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If you’ve been trying to grow your business alone, discouragement can easily knock you off your feet and make you question whether you should be giving up on your business — wondering whether achieving your dream is even possible. If you’re feeling this fear in your business you are not alone. I have felt your …
Running a business is hard enough without adding the complexity of filing taxes each year. The key, experts say, is to work with your accountant throughout the year, not just when you prepare your tax return. Making financial decisions without consulting an accountant or financial adviser can put you at risk and cost you more …
Do you struggle with scheduling for your small businesses? You have must make sure all your shifts are covered. But you also need to optimize the schedule to ensure as many sales as possible. So you need to take tons of things into consideration. Then create the perfect employee schedule. And keep labor costs and …
10 Techniques to Create the Perfect Work Schedule For Your Team Read More »
Doling out advice on money matters is the stock in trade of the financial advisor. After all, it’s in their job title. So financial advisors, financial planners, wealth managers and the like are used to offering up advice on a daily basis to paying customers. But what about the advisors themselves? What’s the best piece …
Here’s the Best Financial Advice These 10 Advisors Ever Received Read More »
Here are four tips to navigating a crisis situation Regardless of how well managed your business is, one crisis could grind things to a crippling halt. This is especially true for small businesses – inadequate resources often render them incapable of sufficiently dealing with the ramifications of a crisis situation. This results in customer backlash …
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The stress in starting and growing a business in the 21st century can be overwhelming, and many entrepreneurs find it very hard to stay focused on meeting their business goals and objectives due to stress. Physical, mental and emotional stress won’t only reduce life span but would also minimize your ability to succeed in your …
Being a successful CEO or business leader in the new decade will require more than having a great product or service. Even a savvy marketing strategy, a strong social media following and a star sales team may not be enough. Your success as an organization going into 2020 and beyond is rooted in your employees, …
Four Tips On How To Plan Now For Future Employees Read More »