This spring, small business owners across the U.S. said business was booming, with 59% expecting their revenue to increase over the next 12 months, 67% looking to expand in the year ahead, and 24% planning to hire in that same timeframe, according to our Bank of America Spring 2019 Small Business Owner Report. According to
Growth rarely comes easily. As small businesses expand, they need capital to hire new workers, pursue new projects, and pay off debts. Even companies with good long-term prospects can fold when capital problems create short-term headaches. According to Investopedia, nearly half of small businesses that fail do so because they run out of funding. Owners
Online reviews are my go-to for everything. Whether I’m exploring a new city and searching for a good restaurant, looking for reliable home services, or a new ecommerce store to shop from — I browse online reviews before making a decision. I trust online reviews as much as I trust a recommendation made by a
Small business owners, at every stage of running a business, know that eventually they may need additional capital to help them succeed. It’s fairly common to start a new venture with personal savings, or with loans from family members. But once those wells run dry, the vast majority of small businesses will need to turn
Providing employees with insurance coverage is one of the best ways for small business owners to support their employees. Employees with health insurance are happier, far more productive in the office, and are more likely to stay at a company if they are satisfied with their current benefits. In this digital age, online benefits marketplaces
It is reasonable to wonder why you would need to protect your business from your own employees, but ask those who have been victimized and you would be advised to never let your guard down. This year I’ve seen an increasing number of businesses fall victim to their own employees. The manners of theft have