Running a small business is rewarding, but it can also be very challenging. Do these three simple things to prepare for change, improve your current situation, and make sure to keep your small business running smoothly no matter what. Monitor Trends Make a conscious effort to stay current on changes in your industry. The pace…
Some states are taking steps to reactivate their economies, allowing many businesses to resume activities. If you are among the small business owners getting ready for reopening, consider the following four aspects to make sure the process is as straightforward as possible. Your Staff If you had to lay off or furlough employees, determine the…
Delegation is an essential skill that some small business owners may find hard to master. If you’ve built your business up from scratch you may be used to doing most of the work. But you’ll reach a point where delegating becomes necessary in order to increase your impact and maintain a reasonable work-life balance. From…
The coronavirus outbreak has impacted the economy and many small businesses are struggling to manage through these difficult times. The following three strategies are helping many businesses weather the storm. They are simple, free, and you can start using them today. Make the Most of Current Customers In times of crisis it’s important to cement…
Under the current, unprecedented circumstances being efficient is more important than ever for small businesses. Being efficient means getting more done in less time. Time is money: If you have more time, you can do more business, increasing your revenue. The following four strategies are simple changes you can make today to make your small…
Factoring invoices is an attractive option for small businesses looking for improved cash flow or more working capital in today’s challenging economic landscape. In this type of financing you sell your outstanding invoices to a factoring company, or factor, that in exchange provides your business with a sum upfront. The factoring company becomes the new…
The coronavirus outbreak has upended routines all over the world, and small businesses are no exception. During these unprecedented times marketing can be a game-changer for small businesses. Whether it’s maintaining a connection with your customers or taking advantage of new trends, with the indicated marketing strategies for small businesses, you will be able to…
Almost overnight, remote meetings became one of the most important ways to work and make business. Organizations of all sizes are discovering the possibilities, and the challenges, that this form of communication involves. The shift to remote work has been sudden and unexpected, but the following tips will make your remote meetings more effective and…
Small businesses face many challenges these days. The outbreak of COVID-19 has disrupted the operations of companies all around the world, and enterprises are reorganizing as fast as they can. Your small business’ specific response to this situation may vary depending on your industry, but the following strategies will offer you a general idea of…
Due to the outbreak of COVID-19 many people are working from home, and some are having an easier time adapting than others. After all, for some employees this is uncharted territory, as this may be the first time they work in a space other than an office. From the right tools to use to the…