When you hear the words Olympics and Team USA, the pure dominance at the Rio games from athletes such as Michael Phelps, the women’s gymnastic team, and the women’s beach volleyball team come to mind. But when you hear the words Olympics and business owner, you may not see a connection. Competing in the Olympics […]
How Small Business Owners Can Learn From US Olympians Read More
Whether you are starting a business or have been in business for years, you are no stranger to the amount of sites, platforms, organizations, and more that want you to join their listings for site rankings, customer reviews and business accreditations. When considering the many options, there is one you should really focus in on:
Should your business join the Better Business Bureau (BBB)? Read More
Being a small business owner comes with many freedoms and perks. On the flip side, owning your own small business can come with its fair share of challenges and problems to solve on a regular basis. With so much demand for your time, how do you stay focused during the day while you are pulled
5 Ways Business Owners Can Stay Focused on Their Goals Read More
A new customer is good for business, but it is repeat customers who make the business a success. Once a client has purchased your product, what strategies do you have in place to promote customer retention? One strategy to consider is a customer loyalty program to reward returning customers every time they make a purchase.
How to Increase Customer Engagement with a Loyalty Program Read More
When you are running a small business money is often tight. Companies need to make sure they allocate their cash strategically, because too much spending in one area can cause shortfalls in others. One costly mistake can be overstocking inventory and materials. In a merchandising company, inventory represents the goods that will be sold. For
6 Ways Overstocking Costs Your Small Business Read More
It’s a small business owner’s fear: making bad money decisions as soon as you start your business or turn a profit, losing assets, and ultimately going under. So how do you know where to effectively spend your money, where to cut costs, and how to budget? In other words, how do you know if you
5 Common Mistakes You are Making with Your Business’ Money Read More
Hair salons have peak and slow seasons, just like most other small businesses. Typically, a decline occurs in the summer, when warmer weather keeps clientele outdoors, according to Salon Today. With children out of school, most families travel or spend more time at home and don’t have the time to stop by the hair salon.
Slow Season Business Tips for Hair Salon Owners Read More
If you’ve been managing your budget on the back of an envelope, you are denying yourself a powerful tool that can make the difference between your small business’ success or failure. A proper expense budget not only serves as a roadmap for how you will be disbursing funds, but it also functions as a reality
The Benefits of Good Budgeting for Your Business Read More
It’s official: your small business is a true success. You have the leading edge against your competition, your business is growing and you’ve jumped from a couple employees to more than you imagined. While this is exciting it is also scary if you don’t know what steps to take. What to do next? Managing new
Top 4 Things to Do When Your Staff Size Doubles Read More
The longer you’ve been in business, the more likely you are to know that credit is necessary for a small business to operate. It allows for expansion, improves profitability and increases operational efficiencies. It also makes it possible for smaller businesses without big bank accounts to meet their daily expenses when they have a cash
Expensive Small Business Credit and How to Avoid It Read More