

If your small business survived 2021, congratulations. Over 100,000 U.S. small businesses are projected to close before the COVID-19 pandemic becomes manageable. Small non-essential companies were the first to suffer from changes to the global economy. That said, small businesses are hardy, given their ability to shift to meet changing challenges rapidly. That agility and… Continue reading Top Trends In Business For 2022
If nothing else, this COVID pandemic has demonstrated the importance of effective employee teams in the success (even survival) of a business. Intentional or accidental talent optimization of first responders, particularly health care workers, resulted in incredible hours worked, effective response to workloads far beyond normal, even an eagerness to learn new skills to fill… Continue reading Talent Optimization for Increased Business Performance
COVID 19 ushered in an age of remote working, a practice that likely will remain in place for the foreseeable future. Gartner, a respected HR research firm, posted survey results that show 82% of all companies intend to allow full or part-time remote working going forward. Remote working has advantages for both employers and employees.… Continue reading Remote Employee Monitoring for Compliance and Efficiency
It has been a great quarter; sales are up, and new orders are rolling in. So why don’t you have enough cash to keep the business going comfortably? Most likely, the problem is an account receivable issue. Outstanding account receivables (AR) issues are normally associated with slow pay or bad debt customers, but they can… Continue reading How To Reduce Those Outstanding Accounts Receivable
The stories about major companies, hospitals, city governments, and huge retail operations being hacked or crippled by cyber-attacks are becoming daily news items. Recently, the federal government tasked the Department of Homeland Security to take specific actions to counter cyber attacks. So, if giant corporations and governments are struggling with the problem, you also need… Continue reading Cybersecurity Threats: How To Secure Your Business
ERP and CRM are among the most commonly recognized acronyms in business software — and the least understood. These platforms are database repositories designed to provide an organization with better controls and assist in planning for growth. But both platforms focus on different aspects of the business, meaning neither can provide all the information desired.… Continue reading ERP or CRM: How To Choose The Right Solution
The COVID 19 pandemic is (hopefully) a once-in-a-century economic disruption of global dimensions that continues to challenge many small businesses today. One of the pandemic business survival buzzwords that found its way into the press, business seminars, and social media is “pivot.” Pivot is not a new concept, but it is usually associated with startups… Continue reading When NOT To Pivot Your Business
The travel industry in general and airlines specifically took a massive hit during the COVID-19 pandemic. With major cities in lockdown and strict restrictions on hotels and restaurants, “business travel” was accomplished virtually on smartphones or laptops. Now that vaccines have allowed a loosening of restrictions, traditional business travel is once again an option. Among… Continue reading Booking Business Travel Again? Know Your Deductions
The National Bureau of Economic Research (NBER) reported that the number of active business owners fell by 3.3 million—or 22 percent—from February to April 2020. COVID has been a once-in-a-lifetime economic disturbance that has impacted all businesses to one degree or another and throttled some companies altogether. When public policy tells the population, except for… Continue reading How COVID has Affected Change: Post-COVID Innovation
For small business owners, there’s hope! This COVID-19 pandemic is leaving a trail of distress, and turmoil affecting the American population and disrupting the global business environment in unprecedented ways. However, if you are a small business owner there is some good news. History shows that after every extreme economic downturn, new opportunities arise. The… Continue reading Business Ideas 2021: Post-COVID Opportunities For Business