PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Business Intelligence: Tips, Trends and Resources

By at 16 April, 2023, 9:26 am

By Karen Kerrigan –

The economic outlook remains choppy, as retail sales declined for a second consecutive month in March and small businesses experience tightening credit. Business owners are buckling down, and this week’s Business Intelligence provides ideas and resources to help entrepreneurs consider practical steps to take across operations to improve business performance.

Small Business Trends and Predictions, Business News Daily

What’s on the horizon for the remainder of 2023? Some trends are accelerating as interest rates rise. The same is true for technology, as businesses find new ways to connect with consumers given their comfort level using tech. Read more here.

10 Leadership Strategies for Today’s Employee Culture, Startup Professionals

Martin Zwilling writes “that most successful workplaces of the future need to adopt the following beta characteristics, and align themselves more with the beta leadership model.” What are its characteristics? Read more here.

How Transparency Impacts Your Business Practices, Big Ideas for Small Business®

In a blog post, small business expert Barbara Weltman notes, “Just about everything gets disclosed on social media sites…by your customers, your employees, and everyone else. As a result, it makes sense to think about how transparency can be best employed in your business practices.” She reviews ways to implement transparency in your business here.

Brand Voice: A Step-by-Step Guide to Developing Your Company’s Unique Personality, CrowdSpring

What is “brand voice” and why is it important? A CrowdSpring blog by Mary Kyamko answers those questions and offers practical steps for your business. She writes: “In today’s crowded and competitive market, it’s more important than ever for businesses to establish a unique brand identity. A powerful brand voice can help you catch people’s attention, earn their trust, and make your brand unforgettable.”

SCORE Webinar: 5 Strategies to Run a More Efficient Business

April 25 – 1:00 p.m. ET

Starting and running a small business is no small task, but with the right strategies and tools, you can streamline your processes, increasing your productivity and ultimately leading to more profitability.  In this webinar, expert presenters will provide a framework to help you implement five cost-effective strategies so you can optimize your operations and continue to grow your business.  Register for Free and learn more about the webinar here.

Upping the Customer Experience via the Metaverse, Small Business Insider

The metaverse is coming, and as SBE Council chief economist Ray Keating points out in a blog postthe metaverse can reboot or reinvent the consumer experience.” Immersive technologies are increasingly being deployed by businesses and this piece explains current uses to improve customers experiences and build brands.

Rural Businesses Can Apply for Grants of Up to $1 Million to Cover Energy Upgrades, Small Business Trends

“Rural businesses across the U.S. may be eligible for grants under a USDA program designed to encourage energy savings. And this is just one current grant opportunity that small businesses should know about. Read on for a list of options for travel businesses, minority-owned businesses, and more.”

The 10 Best States to Retire In – and Florida Isn’t #1, CNBC

Follow the money! The boomer cohort has resources and small business owners need to watch migration patterns, and the data influencing retirement and relocation decisions. WalletHub named Virginia #1 in its “Best States to Retire” study. CNBC reported: “WalletHub evaluated all 50 U.S. states in three key categories: affordability, quality of life and access to health care… So even if a state scored high for affordability, lower scores for quality of life and health care could bring down its overall rank.”

Karen Kerrigan is president & CEO of the Small Business & Entrepreneurship Council

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