While small business owners face many challenges in growing and scaling their businesses, it is an excellent time to be a small business owner in the U.S. today. Between March 2021 and March 2022, 1.4 million new small businesses opened in the U.S.2When opening a small business, many fo...
Lack of revenue is at the heart of most problems facing Small Businesses today. It causes layoffs, price increases, failed businesses, reduction in benefits for employees and owner, increased hours per employee including owner and higher stress levels. Lack of revenue also keeps Small Businesses fr...
Small Businesses Will Face the Biggest ProblemsAS the boss of nine staff, timber merchant John Bates knows that the smaller the business the bigger the impact.McConkey, Alison
18% of Midwestern small businesses said access to capital is a top challenge. While only 8% of small businesses in the West said access to capital was one of their top problems. Explore More Small Business Data The Q4 2022 Small Business Index survey was conducted between October 11-27, ...
Still, the research points out past due invoices as a major hindrance to the flow of money in a company—more than half of UK businesses (54 percent) admitted they had past due invoices. Meanwhile, Coronavirus has brought money and cash flow problems among merchants and retailers in the US...
With a brand new calendar year comes a changed landscape for small and medium-sized businesses (SMBs) in Australia and New Zealand. But a few common focuses remain steady: improving experiences and meeting customer expectations in an increasingly digital-first world...
She’s the author of the book Small Business, Big Success: Proven Strategies to Beat the Odds and Grow a Great Business. As a business owner for over 35 years, Cynthia has attracted well-known and respected customers from the global Fortune 100 to smaller, forward-thinking businesses. Along...
you are bound to run into problems at some point. The key to your success is to quickly identify your mistakes, learn from them and prevent the same mistake from happening again, says Mike Michalowicz, small business expert and author of Most business owners fall into th...
Haven't Heard Of]]>Since the Affordable Care Act was made law in 2010, the impact itwould have on businesses has...Richardson, Whit
Cash flow problems can be a big stressor on small businesses, but they also can be avoided by understanding how they usually occur. By implementing some of the suggestions above, you’ll be more likely to keep cash flowing so that you can focus on more important things, like the growth of...