As 2023 continues its relentless march, small business owners are facing a unique set of challenges as they attempt to stay afloat and remain competitive. With the constant shift in consumer demand, technological advances, and global market competition, it is more important than ever for small businesses to find solutions that can help them remain profitable and resilient. Small business …
Top 5 Challenges Facing Small Business In 2023
The US economy is likely to face many challenges in the upcoming year, with rising inflation and declining consumer confidence presenting a grim outlook for 2023. Inflation has been on the rise in recent months, as government-mandated stimulus spending and an unprecedented increase in the money supply have pushed prices up across a wide range of goods and services. Fortunately, …
Small Business Checklist
The challenges businesses face in our ever-growing, highly competitive world are seemingly never-ending. And it doesn’t seem it will get any easier in 2023 amidst the continuation of a pandemic and the changing landscape of the business world. No matter the industry, small business owners and entrepreneurs alike can prepare for the inevitable challenges that come from running a business. …
What is the ERTC?
The Employee Retention Tax Credit (ERTC) is a significant financial relief option created by Congress in March 2020 to aid small businesses during the economic hardship caused by the COVID-19 pandemic The credit has since been expanded twice, meaning more struggling companies can now use it cut down their federal tax bill. The ERTC was initially set to expire on …
Equipment Financing 101
Whether you’re running a million-dollar enterprise or just starting out, it’s likely that at least one piece of equipment plays an integral role in how your business functions. If you can’t pay for equipment out of pocket, your best option may be to seek equipment financing. Here is everything you need to know about equipment financing to decide if it …
Commercial Line of Credit for Small Businesses
If you find yourself looking for Fast Small Business Loans, a Revolving Line of Credit just may be the answer. Owning a business often comes with challenges, including issues with cash flow and other unexpected hurdles. The appeal of a business line of credit is that it can be used for many different purposes. From unexpected expenses to covering payroll …
How a Term Loan Can Help Your Small Business
Your business’ bank account plays a key role in your company’s daily operations. It allows you to make deposits, send payments, pay employees, and more. As your business grows and evolves, so do your banking needs. Small business loans do a lot for businesses—and it’s more than just launching start-ups and expanding current operations. Business loans can also solve cash …
A Corporate Culture of Giving is Good Business
Your Company’s Corporate Culture is the Personality of Your Business. Corporate Culture includes the work environment, company mission, attitudes of the employees, their values, ethics, expectations, and goals. It also drives the way staff members to communicate with each other, customers and the public. Corporate culture dictates how employees treat each other and how happy they are in the workplace. …
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