Economic uncertainty is a fact of life for businesses of all sizes. What smacked us in the face of uncertainty was when COVID-19 hit the globe. I was affected as a business owner and saw first-hand the number of businesses that were crippled by this devastating epidemic. However, small businesses often feel the sting of economic downturns more acutely. With fewer resources and a narrower customer base, they can struggle to stay afloat during challenging…
From Mom-and-Pop to Profitable: 5 Growth Hacks for Your Small Business in 2024 – These five growth hacks will help your small business thrive in 2024 and beyond. Discover innovative strategies and tips to take your business to the next level and achieve long-term success. With these tactics, your mom-and-pop operation can become a highly profitable enterprise.
Owning a business is one of the smartest long-term investments you can make. Not only does it allow you to earn more money potentially, but it also provides various tax advantages and numerous other ways to build wealth. You have control over your income if you own and directly operate a business. You can set your pricing and decide how much work you want to take on –– giving you the flexibility to reach your…
Many people dream of starting a business for various reasons. You could be to fulfill a passion or even a need that could benefit society, or it could be to satisfy a business opportunity. Whatever the case, anyone can succeed in business with drive, resources, and support. In starting a business, timing and marketing is everything, and starting off to a good start is essential. It is an exciting journey but can be intimidating…