SWOT, an acronym for strengths, weaknesses, opportunities, and threats, is a strategic organizational tool that helps businesses make long-term plans and important strategic decisions. Typically, you use a small business SWOT analysis to obtain a comprehensive look at the factors that affect your business’s viability.
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Should You Form a Hiring Committee?
As a small business owner, you are likely familiar with making hiring decisions. Or, you may have a hiring manager handle the process for you. As your business grows, forming a committee might be the best option for hiring new employees. Read on to learn whether or not you should form a hiring committee in […]
Read More Should You Form a Hiring Committee?Why Building Relationships at Work Matters (and 5 Ways to Do It)
What are the key ingredients of a thriving workplace? Veteran entrepreneurs may argue that workplace efficiency depends on employee engagement and retention. And if you want to boost engagement and retention, focus on building relationships at work.
Read More Why Building Relationships at Work Matters (and 5 Ways to Do It)7 Things Small Business Owners Should Prep to Ensure Funding Success
Small business owners know the value of preparation. Planning ahead is second nature to entrepreneurs, who are always thinking about the next step in their businesses. When it comes to business financing, preparation is key.
Read More 7 Things Small Business Owners Should Prep to Ensure Funding SuccessHow to Revolutionize Your Small Business by Improving User Experience
As a small business owner, you are probably researching customers, finding your target audience, and creating a customer acquisition plan for your business. However, you also need to consider building up your online following. But, how do you do that? Creating a positive user experience can mean the difference between a few sales per month […]
Read More How to Revolutionize Your Small Business by Improving User Experience6 Business Travel Saving Tips for Small Businesses
There’s no doubt that running a small business comes with a multitude of expenses. When you are required to travel to conduct business, expenses can balloon if not properly managed. Without proper management, such expenses can detrimentally affect your business. This guide gives six quick-saving tips for you to keep in mind when traveling for […]
Read More 6 Business Travel Saving Tips for Small BusinessesBusiness Line of Credit: How it Works and How You Can Qualify
Let’s face it, business is rarely convenient. No one knows what tomorrow holds and, as a business owner, you need to be flexible enough to adapt to those changes as quickly as possible, not just to stay afloat but to take full advantage of moments of growth as well.
Read More Business Line of Credit: How it Works and How You Can QualifyHow to Cover Payroll When Cash Flow Is Low
One of the most important promises that small business owners make is to pay their employees on time. Covering payroll may not always be simple, but it’s vital to the well-being of the business because employees who aren’t paid don’t stick around.
Read More How to Cover Payroll When Cash Flow Is LowOne Small Step for Payment Processing, One Giant Leap for Your Business
Whenever you have an ecosystem with many moving parts, even the slightest change can have lasting effects. This is exactly the case with payment processing, thanks to the credit card signature requirements being lifted earlier this year. Now, customers will no longer have to hastily scribble their autographs after every credit card transaction—a seemingly small […]
Read More One Small Step for Payment Processing, One Giant Leap for Your Business3 Reasons Why Project Management Software Matters
There are many ways to devise a small business project management plan, but what good is a plan that you can’t put into action? The best way to go about implementing a project management plan is through the use of project management software.
Read More 3 Reasons Why Project Management Software Matters