Nearly a quarter of small business owners say their greatest concern is inflation, according to the latest National Federation of Independent Business (NFIB). With the current inflation rate sitting at 7.5 percent—the highest it’s been since 1982—per the Bureau of Labor Statistics (BLS), it’s no…
7 Ways Business Leaders Can Prepare for Success. Business leaders face challenges unlike anything else seen in the past. From absenteeism related to COVID-19 through supply chain issues and morale, what it means and what it takes to lead effectively has changed dramatically over the…
Very few things excite business owners more than receiving large purchase orders. Unfortunately, the joy is often short-lived as reality sets in. How can you accept a large order when your bank account doesn’t have enough to cover supply costs? Purchase order (PO) financing and…
Building healthy supplier relationships isn’t just about strengthening your supply chain. It’s an investment in your business. Thankfully, cultivating and maintaining them is easier than you might think. Let’s take a quick look at what makes supplier relationships so valuable and how you can fortify…
There are many business structures to consider when opening a business. Explore the best options to consider for your business here.
Are you struggling to maintain a healthy work-life balance as a solopreneur or small business owner? You’re not alone. Out of 40 countries in the OECD index, the United States ranks 29th for work-life balance. This stat, which looks at averages across the nation, is…
Not sure where to start with a small business valuation? Learn five common methods plus tips to make it easy here.
A lien is a claim on a piece of property or asset. Learn how liens work, how they impact property owners, and what happens when they are discharged here.
You’ve created a product or service that your target audience appreciates, developed a brand, and finetuned your processes. You’re profitable and doing well, but your small business isn’t growing. What gives? Developing effective business growth strategies is a serious challenge. Just one in five manage…
“Give me six hours to chop down a tree and I will spend the first four sharpening the ax,” Abraham Lincoln reportedly said. While the source of the quote is debatable, the wisdom is not. As a small-business owner, your peak season is an opportunity…
