Don’t let risks sneak up on you Within the business world, the global sweep of Covid-19 caused a great revelation; small businesses are extremely vulnerable. We saw the permanent closure of hundreds of thousands of businesses in the United States alone. A global pandemic was not foreseen by most business owners and there was no avoiding the closures, it was an abrupt occurrence that deeply hurt American businesses. But unforeseen damage is not rare in business. Businesses fac

Manage your time, manage your business The one thing all business owners have to give to their business is their time. For entrepreneurs especially, putting time and dedication into running a business is necessary. But not all time is equal. What is just as important as giving time is managing your time to make it as productive as possible. Having a time management plan is as important as ever, allowing you to keep track of your business while also maintaining a healthy work-

When you care about the outcome of something, you make sure to plan it out. Birthday parties are planned, weddings are planned, vacations are planned. Why shouldn’t your business, one of the biggest investments you’ll ever make, be planned? A business plan is much more than an idea and execution strategy, it’s a story – a living concept that clarifies your ideas and motivates stakeholders to support your business. A strong plan is the solid foundation for a successful busines

Don’t be Left Unprepared A lack of educational resources leaves many business owners unprepared when it comes time to file their taxes. This leads to late penalties, filing mistakes, and unpaid taxes, all of which can be detrimental to your business. That’s why it’s so important for business owners to be aware of their tax requirements and well prepared for filing. Things like tax obligations, due dates, bookkeeping, and financial management are necessary for a successful tax

Foundation of Financial Risk Management For small businesses, the foundation of financial risk management revolves around cash flow. Business leaders need to understand when cash is expected to come in, what expenses are required and how much money is available at any given time. Leveraging cash flow management tools to plan for the future will ensure a business has enough cash to sustain operations through any storm1. This workshop can help you create and manage your cash fl

At a glance: Visa and Mastercard quietly made significant increases to card swipe rates in April, 2021. These changes are projected to cost business owners a staggering $1.17 billion per year. We break down the winners and losers of the new changes and the best ways to offset your increasing processing costs. Background and controversy surrounding the changes An Initial rollout in 2020 In 2020, Visa and Mastercard announced plans to restructure interchange fees for the first

Why QR Codes are Important For Your Business Digital Contactless Menus are the New Standard The pandemic has led to radical changes in the way customers interact with restaurants and businesses. Many of these changes have turned the industry on its head, leaving businesses struggling to adapt and keep up. Amidst these changes, there has been a rapid digital transformation in the restaurant industry. Modern websites, online ordering, and digital menus have become necessities t

Third Party Delivery Apps Pros: Increased exposure and accessibility Third party delivery apps have typically established large user bases and a wider delivery range than what is possible on your own. These factors could lead to more business, especially early on. Easy start up and setup You’ll be able to start your delivery service almost immediately with minimal upfront costs and effort. For those unfamiliar with best practices for delivery, you may also benefit from the ex

1. Keep Customers Informed Maintaining accurate business information is more important than ever One of the most important things you can do right now is to simply keep your customers updated. Widespread closures and special operating schedules have conditioned consumers to verify store hours and operating status prior to making plans. To make sure that your customers can visit with confidence, make use of your website and business search profiles to communicate your hours an

Why You Need to Consider WeChat in Your Marketing Strategy WeChat is a social media giant with over 1.15 billion users worldwide. Based in China and a mainstay in Chinese communities within the U.S., the app boasts 3.3 million active monthly users here in the United States. WeChat’s focused Chinese user base sets it apart from other similar social platforms and makes the app uniquely attractive for certain marketing strategies. For businesses that want to reach a Chinese demo