Small businesses often struggle and find it hard to stay afloat.The SBA states that only 30% of new businesses fail during the first two years of being open, 50% during the first five years and 66% during the first 10. If you're afraid your business may be in the stages of failure we may be able to help. Here are a few ways to recover your business from near failure.
Karen Erdelac
Recent Posts
How to Recover From Near Business Failure
Topics: Small Business
Now that the major holidays have passed, it’s time for small business owners to shift their attention toward Valentine’s Day. Those in the restaurant, retail and salon industries typically see an increase in business during this time, but how can you maximize your Valentine’s Day profits? The answer is simple; marketing.
Topics: Holiday
Grow Yourself To Grow Your Business
Your own personal growth will play a major role in the health and growth of your small business. Many owners become so engulfed in day to day business operations that their own physical and mental health begins to deteriorate. Maintaining your own well-being needs to be a priority as it will have a profound impact on yourself, your loved ones and your business. Here we break down three key areas to focus your personal growth efforts.
Topics: Small Business
Organizing Your Small Business For 2019
The importance of organization in small business is summed up wonderfully by Christina Scalise, “Organization isn't about perfection; it's about efficiency, reducing stress and clutter, saving time and money and improving your overall quality of life.” Getting organized can take on several different meanings.
Topics: Small Business
Merchant Cash Advances Explained
Bank loans are notoriously difficult to obtain for small businesses, leaving many owners to seek out a viable alternative. Merchant cash advances have gained in popularity due to their fast and flexible nature, but it is important that you deal with a reputable lender, preferably one with experience in your industry. Here we break down the must know components of a merchant cash advance.
Topics: Merchant Cash Advance
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