Running a business is a balancing act, and sometimes, financial literacy isn’t one of the top priorities. To run a successful business, small business owners need to learn to understand financial statements and how to run their business most cost effectively...
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Small businesses might be deemed small but their impact on the economy is anything but. Making up over 90% of businesses and over 50% of employment globally, there is no reason why small businesses should be overlooked when it comes to building business relationships...
In the pursuit of gaining a competitive edge in a highly competitive market and developing sustainable revenue opportunities, strong partnerships are a key factor in achieving your goals as a marketing organization. Your clients are important to you, and making them feel like you are their go-to guru for all things business related will help […]
With the end of each year comes a time to analyze, reflect, and then plan. It’s important to take a look at what we’ve learned and understand what that means for next year. That’s why we’ve rounded up the top small business trends and outlined what you can expect from the small business landscape in […]
Small business owners have had a tough time of it since COVID-19 hit, but they are working hard to bounce back. The second wave of PPP funding gave small businesses a boost, while stimulus checks which encouraged consumers to spend again gave their revenues a further shove in the right direction. Small business owners have […]
In the US and much of the Western world, vaccines are rolling out, and the focus has shifted to enabling and smoothing the way for economic recovery. And as McKinsey neatly put it, the recovery will be digital. Banks have work to do, building a new position within the revamped digital business ecosystem that values […]
The youngest generation entering the workforce, Gen Z are digital natives through and through, and their creativity, passion for justice, and digital know-how are changing what it means to be a small business owner. Despite their age (the oldest Gen Z-ers are just 24), they’re serious about money and financial matters, disabused of the value […]
The move to cashless business has been in progress for a while, but like so many societal changes, it really took off when COVID-19 hit, with 69% of US retailers seeing contact-free payments spike between January and August 2020. Mastercard reports that more than half of all Americans favor contactless payments today. A recent study […]
Generation X may have been dismissed as the “slacker generation” by the boomers who came before them, but today, Gen X-ers have grown up, grown responsible, and grown into a significant force in the small business world. Gen X-ers own the most small businesses at 46%, far more than millennials, and their relative share is […]
When most people think of a freelancer or an independent small business owner, they usually imagine younger people who don’t want to be part of the rat race and/or middle-aged people following their dreams. Many people don’t realize just how many gig workers, solopreneurs, and local entrepreneurs are in their 60s to 80s...