Here’s Today’s Small Business News & Picks For Monday, November 13, 2017
Survey: Small business confidence on the rise | American Trucker
Women-owned and minority-owned businesses are feeling the effects of a working capital crunch more acutely, according to the latest PCA survey. Nov 13, 2017 By American Trucker staff Optimism apparently abounds in the small business sector within the U.S., according to the 2017 Bank of America Business Advantage Small Business Owner Report, a semi-annual survey of 1,000 business owners across the country. …More at http://www.trucker.com
The best way to catch a shark’s attention | Virgin
Jump to navigation x It was great fun being back on Shark Tank and seeing entrepreneurs pitch for investment. There were so many fantastic ideas that could really change the world and business for good.
I am very excited to invest in Grypmat – a flexible non-slip rubber tool mat that keeps tools in place. The mat is anti-static, chemically resistant, and does not damage the surface it sits on, which makes it perfect for planes (and spaceships!). It was really easy to…More at https://www.virgin.com
The Three Best Sources of Small Business Loans Today
With stock markets performing well and optimism over President Trump’s tax cuts, small business lending is thriving in 2017. For the first time since before the start of the Great Recession a decade ago, big banks are now approving one-quarter of the loan applications they receive.
According to the latest Biz2Credit Small Business Lending Index, loan approval rates at big banks climbed two-tenths of a percent in October, up from 24.8% in September. Contrast that figure with the…More at https://www.forbes.com
Small Business Solutions – How to Make Your Office More Productive by Going Remote
In spite of the fact that more employees are working remotely than ever before, the idea of managing a remote staff while trying to keep productivity high can still be overwhelming to even the savviest of business owners.
While it does present its own unique challenges, most businesses find that the benefits of enabling a remote workforce far outweigh the initial challenges that come with getting started. Telecommuting can limit absences, increase productivity, and even help your business save m…More at https://smallbusinesssolutions.blogs.xerox.com
How to Use an iPad Cash Register
Until recently, a small business owner had little choice in the technology used to run their business. They would purchase a time clock for their employees to clock in and clock out, rely on a spreadsheet with hundreds of line items to track inventory, use an outdated legacy cash register and credit card reader to ring up sales, and manually fill out a cash receipt journal or general ledger to record transactions.
They’d pair all of this with (more) clunky spreadsheets to make sense of their business data, manage day-to-day operations, and improve performance…More at https://www.shopkeep.com
Why Connecting With Local Influencers Is Crucial For Small Business
At Body Details in Miami, we partner with many different local influencers to broadcast the quality of our laser hair removal, tattoo removal and skin rejuvenation services. These influencers are local fashionistas who run blogs with a large audience, so it’s perfect for our small business.
No matter what online space your local influencers operate in, connecting with them is crucial — but usually not too difficult. We’ll show you how you can do it…More at https://www.forbes.com
Research Credit Can Offset Payroll Taxes for Small Businesses | SmallBizClub
Does your small business engage in qualified research activities? If so, you may be eligible for a research tax credit that you can use to offset your federal payroll tax bill.
This relatively new privilege allows the research credit to benefit small businesses that may not generate enough taxable income to use the credit to offset their federal income tax bills, such as those that are still in the unprofitable start-up phase where they owe little or no federal income tax. Under the Protecting A…More at http://smallbizclub.com
Considering Opening a Retail Franchise? Here’s What You Need to Know | SmallBizClub
While it is true that online shopping has experienced significant growth in recent years, retail shopping in brick and mortar stores remains healthy and by far America’s preferred way to shop.
According to “The State of Retail, 2017,” a report produced by TimeTrade.com, consumers still believe there is no substitute for the kind of service and shopping experience that retail stores offer. When asked if the item they wanted to purchase was available both online and in a nearby store, 75 percent…More at http://smallbizclub.com
How To Choose A Typeface For Your Brand [INFOGRAPHIC]
Having a website is essential for any small business. And thanks to easy-to-use website builders and templates, it’s not always necessary to hire a costly designer.
But a word of caution: if you’re planning on designing your own branding, it’s important to familiarize yourself with the basic tenets and principles of design. Choosing the right typeface is a major branding decision, that could influence anything from how your potential customers perceive your brand — to whether anyone c…More at https://www.fundera.com
Top Consumer Trends for 2018 #2. Tighter Budgets – Small Biz DailySmall Biz Daily
Date posted: November 13, 2017 By Rieva Lesonsky Mintel recently announced its four key trends set to impact North American consumer markets over the coming year. It believes Americans and Canadians are facing uncertainty these days, and as a result consumers will be “attuned to consumer trends across transparency, value, self-care and automation.”
Each week this month, we’re going to take a closer look at one of Mintel’s four top trends. Mintel says household budgets are top-of-mind…More at https://www.smallbizdaily.com
What A Failing Business Looks Like | Young Upstarts
Posted by Contributor on 11/13/17 • Categorized as Thinking Aloud by Robert Bethel, author of “Strengthen Your Business: Fail-Proof Strategies from the Man Who Has Rescued 77 Businesses“ One company I took over was a large manufacturing facility.
The company was seven years old, had over one hundred employees, and produced about fifteen products. It was also $6 million in debt. The two men who owned it had never made a profit. When I walked into the facility for the first time..More at http://www.youngupstarts.com
5 Surprising Ways to Keep Your Employees Happy – Small Biz DailySmall Biz Daily
Date posted: November 13, 2017 By Meredith Wood As a leader, you’ve proven your ability to deliver for your company. Whether it’s generating incredible sales numbers, finding beneficial financing, crafting a clear strategic vision, or creating an effective marketing campaign, you’ve shown that you can contribute to revenue and growth.
The other critical piece of your role is managing your team, which might not be something you learned about in school or at previous jobs…More at https://www.smallbizdaily.com
7 Retailers Share Their Tips for Preparing for the Holiday Season
According to the National Retail Federation (NRF) holiday sales can represent 20%-30% of a retailer’s annual sales. The NRF also reports that consumers plan on spending over 3% more this year than they did last year for the holidays.
With a string of celebrations around like Halloween, Thanksgiving, Christmas, and New Year’s Eve, consumerism makes the holidays all the more important for U.S. businesses. In fact, the holiday sales season has recently been coined Black November…More at https://www.fundera.com
Have a Holiday Party that Won’t Break the Bank
Last Updated: Nov 13, 2017 – Hosting a holiday party for employees is traditional for most businesses at this time of year. But hosting one that shows your appreciation for a year of hard work without breaking the bank isn’t easy. Here are a few hints that can help. You don’t want your employees to think of you as the modern-day pers…More at https://www.businessknowhow.com
15 Ways to Recharge Outside of the Office to Stay Inspired at Work
The following answers are provided by members of Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.
Go out and do things that challenge you differently than your work does, change your perspective or make you laugh. I use travel as a regular perspective…More at http://www.noobpreneur.com
If you find business boring you’re doing it wrong | Virgin
Jump to navigation x Business doesn’t have to be boring and if it is – you’re doing it wrong. Being an entrepreneur is one of life’s greatest adventures, where you are always learning new things and growing.
It was great to spend time in South Africa with a mixture of thriving entrepreneurs, growing start-up founders, and business-savvy travelers for the latest round in Virgin Atlantic’s Business is an Adventure series. I joined a panel debate with some business…More at https://www.virgin.com