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…
So, you’ve successfully closed a deal, a significant achievement in the competitive business world. Now comes the critical moment when you’re waiting for the next customer order. However, instead of the expected engagement, you’re met with silence. So, the question arises: how do you politely…
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…
Wondering if it’s time to hire a collection agency? We often think of collection agencies in terms of the consumer market. For example, retail stores and credit card companies often hire a collection agency when their customers don’t pay their bills. However, professional debt collectors…
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? PO financing and factoring are…
Leadership Secrets: Leadership skills are essential for all aspects of your career, from securing a job to advancing your career. Even if you have been in a leadership role for several years, leadership development programs that help you build vital skills around effective leadership can…
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…
Half of the 12 U.S. Bank Holidays fall in the three months between November and January, arguably at a time when Americans need access to their money the most. So why is the United States set up this way, and where did all these dates…
About a million small businesses launch every year, according to the U.S. Small Business Administration (SBA). More than three-quarters make it to the two-year mark, but certainly not without grit and the ability to overcome the multitude of startup challenges entrepreneurs face. Whether you’re already…
There are many business structures to consider when opening a business. Explore the best options to consider for your business here.
