As a small business owner, it’s important to be prepared for any unexpected downturns.Staying ahead of the curve, and having a plan in place if the economy dips, is vital inmaintaining your small business in times of hardship. Here are 5 tips on the best way tofoolproof your business so you can survive an economic
I first published a version of this article in 2015 and in the midst of our current crisis, I was reminded of it. The thought of a global pandemic didn’t occur to me when I wrote it, but my situation at the time humbled me in a similar way. You may know what I mean. If
As a small business owner you have a virtually endless to-do list of tasks and processes youneed to keep track of for your business operating smoothly. And sometimes, insurance can fallon the backburner. However, this can be detrimental to your business. It’s easy to think that alawsuit or accident is unlikely, but that simply isn’t
Most small business owners aren’t in it to get rich quick, but the fact of the matter is you need money in order to make money. And sometimes (most of the time), small profit margins aren’t going to cut it when you’re trying to keep inventory on the shelves, employees paid, and operations up and
Updated July 2020…A few days before Christmas 2018 the US government began a partial shutdown and in the weeks that followed nearly 800,000 workers helped to confirm an alarming statistic, that nearly 4 out of 5 American workers live paycheck to paycheck.To make matters worse, 70% of them claim to be in debt. It’s no surprise
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