The Perfect Hire Trap
A challenging decision for small businesses to make is the hiring of an internal financial leader. This could arise out of necessity if a key internal person leaves your company, or it could be an intentional action if you have outgrown what you have in place at the moment.… Read More
Pensive concerned african employee touch chin looking away leaned on table thinking inside of modern office boardroom, company owner boss search solution solve business issues or make decision concept
Any entrepreneur can spend 10 minutes scanning economic headlines and find conflicting, often polar opposite information on economic indicators and where the economy is headed. It is indeed a puzzling time for the business owner. And while election years typically bring some uncertainty, this time around, all bets are off.… Read More
Roller coaster loop with blue sky and sunburst
Like it or not, as a business owner, you bought a ticket on a wild roller coaster. The only constant in today’s economy is information overload, often resulting in seemingly contradictory conclusions. More and more economists are pointing toward a recession, and perhaps a steeper one, yet, small businesses are, in many respects, not yet slowing down.… Read More
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
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
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
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
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
Business professionals discussing work in office meeting
This year brings with it new challenges, new plans, new small business support and a lot of new questions. It is particularly difficult for business owners to navigate the flood of new information daily, coupled with the uncertainties of the economy and lingering pandemic.… Read More