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Recession Or Not, Be Diligent And Move

Diverse team collaborating in a modern office
There has been talk of a recession for some time. Depending on the data you look at, we may already be in one. CEO confidence has dropped to levels not seen since the beginning of the pandemic. Fear is plentiful, but bravery in the face of headwinds could result in tremendous opportunities.… Read More
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Do You Know Your Real Margins?

Financial Cost Analysis
For business owners, this is a very fluid period of time. The business environment is rapidly evolving. This makes it all the more critical to have a complete understanding of margins and the true costs to produce and sell your product.… Read More
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How Small Businesses Can Win During Supply Chain Disruption: Sell Differently

Asian businessmen and businesswomen meeting brainstorming ideas about creative web design planning application and developing template layout for mobile phone project working together in office.
Kinks in the supply chain have proven to be far more disruptive and lasting than most businesses have anticipated, and according to the latest survey by the National Federation of Independent Business, the outlook is not expected to improve in the near-term.… Read More
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Critical Headlines to Watch

Business And Finance Concept Of A Bull Market Trend
We are still in very uncertain times; headwinds are prevalent, and the daily headlines bombard the small business owner with plenty of potential worries. While talk of a recession is more frequent than it was six months ago, the impact should it occur, will vary by business, industry, and local market.… Read More
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Life after Budget

Finance, accounting and fintech, a man on a computer and calculator working out his business budget strategy. Businessman at his office desk, laptop, money management and financial investment online.
Hopefully by now the year’s budget was completed months ago and tracking results against it is ongoing.  Unfortunately, for many businesses, once complete, a budget finds its way into a drawer to not be seen again until it’s time for a new one the following year. … Read More
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How Small Businesses Can Win During Supply Chain Disruption: Reexamine The Chain Itself

Business team discussing project in modern office
Businesses today are navigating a strained supply chain. To manage this disruption, I have already discussed pricing and planning as two key tools small businesses can leverage. Beyond these, it is also vital for small businesses to understand the multiple levels and aspects of their supply chains.… Read More
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Small Business Implications to the Tragedy in Ukraine

war in Ukraine
Two seconds on social media or the television is enough to find heart wrenching images of the assault of democracy in the Ukraine.  Our prayers are with the families and freedom fighters that are standing up to violent aggression in their homeland. … Read More
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How Small Businesses Can Win During Supply Chain Disruption: Plan For It

Two professional men collaborating with tablet in office
The supply chain disruption is an ever-present part of the morning headlines. Even more concerning is that there are signs on the horizon of the problems getting worse, not better. And unfortunately, because of the perfect storm of headwinds creating the chaos, recent trends are suggesting that the supply chain may not return to normal levels until 2023.… Read More
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How Small Businesses Can Win During Supply Chain Disruption: Pricing

Elderly couple shopping with empty grocery store shelves
Disruption in the supply chain is nothing new, and you don’t have to look hard to find data published daily on it. Unfortunately, there is no one simple solution as the current challenges are a perfect storm of multiple factors. Overseas manufacturers are still unsettled from the pandemic, ports are full and there are not enough truckers to move the necessary loads of goods.… Read More
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Investing in Your Business – Is the Picture Clear?

Hands of a young Asian businessman Man putting coins into piggy bank and holding money side by side to save expenses A savings plan that provides enough of his income for payments.
We hear from business owners constantly that they are making profits, but don’t have a lot of cash at the end of the year to show for it. One big reason is that they are constantly investing in their businesses. This concept of “reinvesting” profits frequently occurs, especially in growing businesses where the expected payoff is down the road.… Read More