Category: Business Management

How to Open a Business Bank Account (and Why You Need One)

Wondering how to open a business bank account or why you might need one? Although it’s possible to run a small business using your personal bank account, there are benefits to having a dedicated account for your business. Keeping your business finances separate from your personal money will make it easier to manage cash flow

Read More »

How 5G Can Impact Small Businesses

The impact of 5G on small businesses cannot be overstated. It will provide an all-around better mobile experience and greater efficiency, meaning your small business will be able to do more in less time and with fewer resources. More specifically, 5G means you’ll be able to connect more devices, experience faster and more reliable connections,

Read More »

Best small business loans of 2021

Small business loans can help you get access to cash for starting, expanding or keeping your business up and running. There are several types of small business loans that support a variety of needs, such as starting a franchise, purchasing property or getting cash when you have a stack of unpaid invoices. With so many

Read More »

A third of all small business owners say they can’t pay rent

Nearly half (49%) of all minority small business owners and a third (33%) of all small business owners were unable to pay their rent this month, according to the latest survey from Alignable. 35% of women-owned businesses reported an inability to pay rent as well. Between the lines: For the first time in the survey’s history, at least

Read More »

82% of Small Business Owners Ready for Digital Payments

A new study by Visa reveals 82% of small business owners are shifting toward digital payments in response to the pandemic. According to the Visa Back to Business Study, small businesses are rolling out new forms of in-store contactless payments. This is to meet CoVID-19 wary consumers demanding protection and safety at the point-of-sale (POS).

Read More »

How to Grow Your Business as a Solopreneur

A solopreneur is a professional who builds a personal brand that is tied to himself as the brand. In contrast, an entrepreneur is a person that builds a brand intending to expand the company/brand outside of themselves. The brand would then be able to technically exist if that individual were to leave the company, sell

Read More »

5 Ways to Ensure a Brighter Business Future in 2021

With the spread of Covid-19 (novel coronavirus) throughout 2020, this year became a difficult year for business worldwide. Forced quarantine saw people staying home as frequently as possible. This translated into many non-essential businesses being forced to either severely limit opening hours or to close altogether as infections spread. Businesses left standing can count themselves

Read More »

How to Conduct a Small Business SWOT Analysis

Small business owners tend to view their businesses very tactically. Taking an objective view of your business from both an internal and external perspective can uncover a host of opportunities while highlighting potential threats. A SWOT analysis can help you evaluate your small business and the surrounding business environment that can affect its overall success.

Read More »

50 QR Code Uses for Marketing and Business

Not sure what to use a QR code for in business? Or perhaps you just want more examples for using QR codes in your next marketing campaign? Whatever your purpose, our list of 50 creative ways to use QR codes is sure to trigger ideas to boost brand awareness, attract an audience, close more sales,

Read More »

How Your Small Business Can Take Down Goliath

You think it’s hard getting to the top? Try staying there. The accelerated churn rate of the S&P 500 indicates that at least half of today’s top U.S. companies will get replaced by someone new over the next decade. That is a mind-boggling market value of $13.5 trillion up for grabs. And the craziest part

Read More »

The True Failure Rate of Small Businesses

Have you heard that 90 percent of new businesses fail? Or that 50 percent of new businesses fail? Stick around in the entrepreneurial community long enough and you’ll likely hear a wide spectrum of claims, mostly falling between these two extremes. But what is the true failure rate of small businesses? And should it influence

Read More »

Service Bundling Strategy – 7 Benefits for Your Small Business

A service bundling strategy is a marketing tactic that involves offering multiple, complementary services as a package for a single price. You may wish to include other options in your packages such as information products or access via email or phone for questions to increase the value to the client. Usually the price is a

Read More »