Tag: small business
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How to Protect Your Small Business from Disasters
Disasters, whether natural or man-made, can disrupt any business. Preparing for these events is crucial to ensure your small business can quickly recover and continue operations. Here are some essential steps to help safeguard your business: By taking these steps, your business will be better prepared to handle and recover from unexpected disruptions quickly. For…
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Bookkeeping Tips for Small Business Owners
If you’re like many small business owners, you may tend to keep many of the financial details of your business in your head or through handwritten notes. This could lead to a myriad of problems down the road, not the least of which is an IRS Tax audit. This blog provides some key bookkeeping tips…
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A Post-Work Relaxation Guide for Business Owners
While rewarding, running a business is extremely challenging, not to mention stressful. Any business owner can agree that their brain is continuously going at a hundred miles an hour – even when they’re technically not working. Budgeting, personnel problems, and operational hiccups are just a few of the things that keep them up late at…
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Customer Retention Strategies to Keep Your Recent Holiday Gains
What good is your holiday revenue surge if sales go right back to normal after Dec. 25? Who wants to hustle as hard as you did in November and December, just to go back to business as usual? Don’t settle for yearly sales spikes. Arrange your business now so that increases are spread out over…
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January Returns: How to Handle Reverse Logistics (for Online Business Owners)
Do you dread customer returns, or do reverse transactions excite you? Understandably, most business owners love the thrill of sales — and prefer not to think about how to undo a deal. But in these unique times, when consumers are changing spending habits, 95% say that a good returns experience convinces them to shop with…
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2020’s Real Holiday Shopper Persona Examples (and How to Connect with Them)
Consumer spending has continued to outperform economists’ expectations. Despite 2020’s pandemic, U.S. shoppers still intend to spend more this year on holiday shopping than ever before, according to researchers at the National Retail Federation. Source: U.S. Census data compiled by the National Retail Federation However, shopping behavior has changed drastically. No longer can small business…
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Holiday Customer Demand has Changed: How Small Businesses Can Meet People Where They Are
Smart business leaders are taking note as consumer behavior shifts to satisfy the market’s newest wants and needs — especially now that the holidays are here. Nearly 60% of consumers say they anticipate their holiday plans to change this year, and another 15% say they’re not yet sure what will happen, according to Progressive Grocer.…
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SMB Capital Lending: Key Options and What to Consider
Small-business owners (SMBs) can use debt to do one of two things: stay afloat during turbulent times or exploit opportunities to achieve exciting growth. If you’re doing one or the other, then you’re in good company. Business owners everywhere are borrowing for both reasons now more than ever. To decide whether (and how) to use…
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Inspiring Business Stories: 5 Companies that Survived Tough Financial Times
A pandemic is not the only crisis that can thwart a business’s financial success. Calamitous accidents, mismanagement, economic volatility, and other hazards can threaten your company’s trajectory. The good news is that you can learn from other business leaders who have weathered various storms. Here are five true, very inspiring business stories to help you…
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Why and How to Track Business Expenses Separately from Personal Spending
Most small business owners use their personal money to get their business off the ground. In fact, funding your business with personal cash is widely accepted and even encouraged in many industries. Why, then, is it so important not to fund your personal life from your business’s coffers? As a business owner, there are many…