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Frustrated Business Owner

Is Your Company Struggling To Get Past The Startup Stage?

  • Posted: 2/21/2020

Do you feel like your business is stuck in the startup stages and not growing at the pace you feel it should be? Many companies come to a point where they are "stuck", however, there are ways to help become unstuck.These are five ways that can help your small businesses kickstart its growth.

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Female Small Business Owner Making A Cocktail

Small Businesses Are Growing Confidence in the Economy

  • Posted: 2/20/2020

Small business confidence for this year is already reaching all-time highs with the Small Business Confidence Index from CNBC and SurveyMonkey showing the index had increased from 59 to 61 in the first quarter. The higher confidence level seems to be from business owners feeling less concerned about issues, such as trade.

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Approved Loan Application

Record Highs for Small Business Lending from Big Banks

  • Posted: 2/19/2020

This year is starting to look even better for small business owners, especially for those who are looking to receive loans for expansions or other necessary tasks. According to the most recent Biz2Credit Small Business Lending Index, small busines loan approval hit 28.3% which is up from 27.0% in January of 2019.

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Other Current News

Business Owner Showing Customer A Bike

Your Customer Retention Is Just As Important As Acquisition

According to a recent survey by Brightback, 93 percent of professionals have stated that customer retention is becoming just as customer acquisition and is becoming a new trend for businesses in 2020. A number of businesses are beginning to use retention strategies in order to keep more of their current customer base buying from the company.

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Forecast Block-Small Business With Down Arrow

Business Owners Plan for Recession, But Still Remain Optimistic

An estimated 90 percent of small business owners are currently planning for a downturn in the economy,as with being a business owner you must always be prepared in the event one happens. A majority still remain optimistic though, with about 57 percent of respondents had also said they arefeeling better about the economy this year compared to last years.

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Pay Slip

Do You Question If You're Paying Your Employees Enough?

Your employees are an important component to the success and operation of your business and giving them a fair salary would help retain them. A recent survey has found that 44 percent of employees are not happy with their current salaries and many of them become even more unhappy when they go more than a year without a raise.

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