Small businesses are the lifeblood of any economy. Over 90% of the business population represents the small to medium enterprise (SME) population. Yet while SMEs make up a large portion of business owner shares, GDP, and economic activity, most of them struggle.
When running a business, size can make a big difference. If you think you have a small business, you need to know what the government considers “small.” So, what is considered a small business by the federal government? Well, the small business definition depends on the federal agency. Read on to learn what is a […]
All in all, 2020 was a doozy of a year. The new decade brought with it a number of new workplace trends for many employers, including new sanitary needs, social distancing, and even a transition to work-from-home options. Here’s how you can use workplace trends to remain competitive.
A whopping 90% of businesses in the United States are family-owned or controlled. And if you fall into the 90%, you know how challenging it can be to keep the peace while running a family business. From minor disputes to full-on squabbles, the last thing you want to do is ignore family problems if they […]
Conflict in the workplace costs employers roughly $359 billion in paid hours each year. Yes, you read that right—$359 billion. But, what kinds of problems are causing businesses billions of dollars per year? We’ve pinpointed the main problems that cause unnecessary workplace drama. Read on to learn what problems you should keep your eyes peeled […]
You’re always on the hunt for new and improved ways to streamline business processes, like marketing and customer service. The next big thing? Texting in business.
Hey there, how’d you hear about us? From a friend? Family member? Social media? Great. That’s word-of-mouth marketing in action. And if you want to reap the benefits of virtually free advertising, you might consider putting together a word-of-mouth marketing strategy.
When you think about the word “momentum,” you may have flashbacks about your days in science or physics class. Momentum is often defined as mass in motion. But, momentum doesn’t just belong in science. It also has a place in business.