Strategic Small Business Trends

How a Minimum Wage Increase Could Affect Small Businesses

Over the past few years, the movement to increase the federal minimum wage to $15 per hour has gained a considerable amount of momentum. Proponents of the minimum wage increase argue that $15 is the minimum hourly wage needed to establish an adequate standard of...

What Is Bridge Financing And Is It Right For My Business?

Business Lending

There are many options for financing a business. Unfortunately, they may not always be available at the right time. That’s where bridge loans come into play. In this post, we’re defining bridge financing, sharing the pros and cons of this type of funding, and helping...

7 Tips on Building a Brand for Your New Business

Marketing

If building a brand isn’t at the top of your list of priorities for your new business, it’s time to put it there. Branding is just as important for small businesses as it is for large corporations. Every business had to start somewhere and, over time, the branding...

Top 10 Negotiation Tips for Small Business Owners

Growth Strategy

As a business owner, you’ll be responsible for making business deals that will require strategy, skill, and negotiation tactics. Being prepared for these situations can help you to make the most of each deal and keep your small business moving forward. In this post,...

8 Tips on Creating a Powerful Sales Presentation

Sales

According to the Washington Post, public speaking is the biggest fear of the American public. Feared by more than 25 percent of the population, public speaking narrowly edged out heights, bugs, and drowning. Whether or not you are scared of public speaking, there are...

How To Take A Summer Vacation As A Small Business Owner

Company Leadership

If you are currently the owner of a small business, the term “vacation” probably sounds like a foreign word. As the person who is running the whole show, you probably worry that the moment you take a summer vacation, your whole operation will come falling down. In...

Does Your Medical Practice Need New Equipment? Learn How Equipment Financing Can Help

Business Lending, Growth Strategy

According to national averages, fully renovating a medical space can cost as much as $200 to $325 per square foot. Assuming that your practice requires hundreds, even thousands, of square feet, getting your practice off the ground and running can easily cost millions...

The 5 Most Common Mistakes Small Businesses Make When Invoicing Customers

Process Improvement

Invoicing is a prerequisite to getting paid for your hard work, so it's important to know when to invoice a customer. Without effective invoice management, you won't have the resources that you need to run your company. But small businesses often mishandle their...

How to Leverage Technology in Your Restaurant Business

Process Improvement

A key part of staying competitive as a restaurant these days is keeping up with foodservice technology trends. Whether we like it or not, technology is streamlining just about every part of life nowadays, and restaurant technologies are more powerful and important...

5 Tips on Dealing with Difficult Customers

Company Leadership

Figuring out how to deal with difficult customers is one of the most arduous and painful parts of running a small business. And we're not just talking about handling online customer complaints, which is bad enough. No, we're talking about the kind of customer who...

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