Tag: small business
0
-
The Pandemic’s Impact on Small Business Ownership and What to Do About It
Small businesses make up more than 90% of the U.S. economy and play many roles within it—employers, sources of innovation, economic multipliers, community hubs, and more. While they provide great opportunities in their respective industries, small businesses are also uniquely vulnerable to the economic impact caused by crises like recessions or the COVID-19 pandemic. Along […]
-
3 Tactics for Improving Cash Flow in Your Small Business
Cash flow is especially important to the success of your small business. With more complex financial instruments available, the need for cash liquidity has not changed. You need to increase the amount of cash you have in-hand to pay your employees, utilities and suppliers.
-
Top 10 Things That All Customers Want
Whether you’re running a small business or a large corporation, selling dollar-store items or luxury products, every customer has the same desires. Take a look at this top 10 list to see how your company rates in the area of customer service: 1. Involvement Customers want to feel like you care about their needs, and […]
-
12 Pervasive Myths About Starting a Small Business
Few subjects are as plagued by myths and falsehoods as starting a small business. Everywhere you turn, someone is making sweeping proclamations about small businesses – the difficulty of starting one, the risks involved, the odds of failure or what you “have to do” in order to make it.
-
No One Cares Like You Do, Just ask Howard Schultz
Hot on the heels of McDonald’s entering the premium coffee market, Starbucks is reportedly testing a $1 coffee offering. Is this the beginning of the end for Starbucks or a brilliant ploy to get cheapsters in the door and jack them up on high quality caffeine and ply them with samples of the $5 a […]
-
Do You Have What it Takes to be an Entrepreneur?
Having a good idea doesn’t make you an entrepreneur. Neither does a business degree. Entrepreneurs come from a wide range of backgrounds, challenges and influences. Unfortunately, many businesses are started and then dissolved, not because they didn’t have a workable idea, but because the entrepreneur lacked certain skills. Often times many hardships must be experienced […]
