PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Business Success Strategies

May 3rd, 2022 by

by Barbara Weltman –  Walk down Main Street and you can’t help but notice “Help Wanted” signs in a great number of shops, restaurants, and other establishments. NFIB’s Monthly Report found that inflation is now the top business problem for small businesses, but labor issues remain a close second. Forty-seven percent of owners had job openings they […]

April 19th, 2022 by

SMALL BUSINESS INSIDER The media is ablaze with references to the metaverse, but an exact meaning is difficult to pin down. The term refers to various new technologies and how we relate to it. Essentially, it’s cyberspace and it encompasses such things as virtual reality platforms, digital currency, and virtual identities (e.g., avatars). The term […]

April 12th, 2022 by

By Barbara Weltman – Inflation is making it costlier to do business. Many small businesses are reluctant to raise prices or hike them high enough to maintain their profit margin. An alternative for remaining profitable is to reduce costs and be frugal. Here are 25 ways you can cut expenses without hurting your business. Some […]

April 10th, 2022 by

By Karen Kerrigan – Did you know that the United States is experiencing a big uptick in entrepreneurship? As measured by new business applications, the U.S. Census Bureau reports that in 2021 alone, 5.4 million people filed business applications, which is a 53% increase over the 3.5 million in 2019. People want flexibility and to […]

April 1st, 2022 by

By Karen Kerrigan – This week’s roundup focuses on digital tools and marketing.  As I note in the first item below, two new Deloitte studies reveal how the growth and use of digital tools are shaping the behavior of consumers when it comes to shopping online and off. Consumers are “seamlessly using both digital and […]

March 28th, 2022 by

By Karen Kerrigan – A White House warning to the American business community that Russia is ramping up cyberattacks against the U.S. did not come as a big surprise. The announcement, which also came with steps businesses should take, serves as a reminder about the need for small business owners to take seriously the threat […]

March 28th, 2022 by

By Barbara Weltman – Anne M. Mulcahy, former CEO of Xerox, said: “Employees who believe that management is concerned about them as a whole person – not just an employee – are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.” In this tight labor market, employers are looking for […]

March 21st, 2022 by

By Karen Kerrigan – Our weekly roundup and tip sheet includes important information for your 2021 business tax return, changes to the COVID EIDL program on deferment, and general information and resources to help your startup or small business succeed! 5 New Things to Note on Your 2021 Business Tax Return, Small Business Insider In […]

March 18th, 2022 by

by Barbara Weltman –  Entrepreneurs, by definition, are entrepreneurial. They don’t necessarily limit their business activities to a single endeavor. Some may have one business venture after another—serial entrepreneurs. Or they may run various business activities at the same time. How to handle having different activities simultaneously impacts business operations, legal matters, and, of course, […]

March 12th, 2022 by

SMALL BUSINESS INSIDER   by Raymond J. Keating – How do you expect the unexpected? And how does a small business owner handle or prepare for unexpected, unknown, exogenous, or black swan – pick your term – events? Consider what’s happened over the past two-or-so years. Indeed, one could argue that a lifetime worth of […]

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