For more than two years, many business owners have been fighting for survival. The COVID-19 pandemic, supply chain shortages, the great resignation, and rising inflation kept merchants focused on the present without considering the future. But anticipating what may come next is critical if a business is to grow and prosper. That's the definition of making your business future-ready – anticipating future shocks and planning to minimize their effects, not with gimmicks or quick fixes but with sound business solutions.
June is Pet Preparedness Month. Your pets are an essential part of your family, and they rely on you to keep them safe. FEMA suggests by making a plan to prepare your pets for disasters, you can give them their best chance of staying safe.
Today, restaurants are open and functioning at full capacity in most states. However, things have not turned out the way many restaurant owners had envisioned. Although most places are fully open, restaurant operators cannot find enough employees. Hampered by this staff shortage, restaurants can’t function at 100% capacity. It is now common to see "Help Wanted" signs in nearly all restaurant windows.
Unprecedented times is a phrase we have all heard recently, and it is a great way to describe the state of the world. Unprecedented times, in a nutshell, means "we have never seen this happen before, so there is no guidance on what to do." It has been increasingly difficult for small businesses to navigate during these times, stay afloat, and even grow during adversity. How you position and market your small business directly impacts your ability to generate sales and revenue. Having the flexibility to adapt to world and market changes and staying on top of consumer trends is essential in creating a viable vision for the future. Here are four ways to help position and market your small business.
If you're a small business owner, you may have come across the term "loan stacking." It's the practice of taking out multiple loans or merchant cash advances (MCAs) from different companies simultaneously or in close succession, stacking one cash advance on top of another.