Small Business

Source: Forbes | Repost QBScott 8/28/2020 – Things could be better. They could also be worse—and there is the potential for things to get worse. That is, I think, the conclusion to be drawn from a review of several surveys and analyses of the current state of small businesses and entrepreneurs in the United States.…

Source: Entrepreneur | Repost QBScott 7/30/2020 – The COVID-19 pandemic has completely upended our normal way of doing business. Stay in place orders have caused stores to shut their doors in many states. Other companies find themselves unable to fulfill shipments due to supply chain disruptions. Even for companies that are remaining open, business is…

Source: Forbes | Repost QBScott 7/16/2020 – During the initial phases of the pandemic-related shutdowns, a Goldman Sachs small-business survey found 51% of small-business owners could operate for only zero to three months during the quarantine period. A survey from May found that at least 2% of small businesses had closed permanently due to Covid-19.…

Source: Forbes | Repost QBScott 6/18/2020 – Observing finance and accounting professionals— or the way academics at most business schools train them — might lead you to believe that finance and accounting is a complex and arcane language understood only by an initiated few. For an entrepreneur, the truth is that accounting and finance are…

Source: Entrepreneur | Repost QBScott 5/21/2020 – For most people, personal-finance mistakes affect only themselves. For entrepreneurs, a personal-finance slip-up can have far-reaching consequences. People who get into tight financial spots while running their businesses must make difficult choices about which bills to pay, which opportunities to let go and which partners to leave. Founders…

Source: Worth Newsletter | Repost QBScott 5/7/2020 – There is opportunity in every crisis, and the COVID-19 pandemic has created a crisis for many small business owners that is unlike any other before. The coronavirus has forced governments into enacting what some are calling “the Great Lockdown.” The lockdown consists of closing all non-essential businesses,…

Source: Harvard Business Review | Repost QBScott 4/23/2020 – The roles and responsibilities of business leaders have dramatically changed in the past few weeks. Before COVID-19, CEOs and other executives in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. Today, many of those same leaders must make rapid decisions about controlling…

Source: Entrepreneur | Repost QBScott 4/9/2020 – It’s safe to say that this current crisis is like none other faced by small business owners in the recent past, and it’s certainly daunting trying to tackle all of the unique issues it presents. Regrettably, the predominant voice we hear hasn’t offered a lot of specific steps…

Source: Entrepreneur | Repost QBScott 3/12/2020 – Your sales, marketing, and customer service teams make it possible for your business to succeed with clients, but turning a profit also depends on keeping costs as low as possible. From getting the best price out of your suppliers to cutting waste, there are plenty of ways to…

Source: StartupNation | Repost QBScott 12/5/2019 – Modern startups run on digital tools. From communicating with customers, collaborating internally or protecting their assets, entrepreneurs should know that there’s a digital platform or service for everything. The truth is, those who don’t embrace technology may be left behind: According to Deloitte research, “digitally advanced small businesses”…

How Are Small Businesses And Entrepreneurs Faring Today In COVID-19 Downturn

4 Things To Do To Stabilize Your Small Business Right Now

How Small Businesses Can Assess And Protect Their Finances As Economies Reopen

The Only Three Reasons Entrepreneurs Need Accounting and Finance

5 Personal-Finance Mistakes That Kill Promising Companies

Pivoting Your Small Business Model to Survive the COVID-19 Crisis

4 Behaviors That Help Leaders Manage a Crisis

A 10-Point Small-Business Survival Plan for Dealing With the Coronavirus

4 Smart Ways to Reduce Costs Starting Right Now

Digital Tools Every New Business Needs To Grow