Small Business News and Tips
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Small Business News and Tips
A list of useful articles and tips for small business owners and those interested in SME's.
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Consider Adding Live Support to your E-commerce site

Consider Adding Live Support to your E-commerce site | Small Business News and Tips | Scoop.it
E-commerce has gone from being a somewhat convenient novelty to a major source of consumer spending, as well as revenues for businesses that are able to attract
Horizon's insight:

While Cyber Monday has come and gone this year, the benefits of adopting an e-commerce strategy are set to grow in 2015, making a forward thinking support strategy a potential equalizer for small business websites.

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Insights on Economic Recovery from Secretary of Labor Thomas Perez

Insights on Economic Recovery from Secretary of Labor Thomas Perez | Small Business News and Tips | Scoop.it
In an article by Jared Shelly on bizjournals.com, some quotes were shared from Labor Secretary Thomas Perez's recent visit to Philadelphia. All in all, they
Horizon's insight:

 Small business owners got some encouragement recently in the form of positive predictions for the economy from Secretary of Labor Thomas Perez. Here's a look at some of the stats and what they mean for 2015.

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Tips for Flexible Small Business Scheduling During the Holidays

Tips for Flexible Small Business Scheduling During the Holidays | Small Business News and Tips | Scoop.it
While retail businesses are entering a time when they need all hands on deck, not every small business requires the physical presence of their staff during the
Horizon's insight:

When small business employees desire more flexible schedules around the holidays, it can be prudent to allow them to set up the means to work remotely, but only if you take the steps necessary to ensure that your team members are all on the same page.

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Small Business Confidence Showing an 8 Year High

Small Business Confidence Showing an 8 Year High | Small Business News and Tips | Scoop.it
Small business owners reported feeling more confident in November by a margin that surpassed economist predictions, with the NFIB's index reading 98.1 after a
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Good news for business owners, confidence readings from the NFIB index are the highest they have been since 2007, potentially boding well for the new year.

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Year End Small Business Financing Tips: Taking Stock of Expenses

Year End Small Business Financing Tips: Taking Stock of Expenses | Small Business News and Tips | Scoop.it
With the end of the year rapidly approaching, small business owners are preparing to take a survey of the time that has passed and use the information they
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As the end of the year approaches, small business owners should have their finances in mind and be prepared to break down what they are spending in order to improve cash flow and make room for growth.

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What is the Most Precious Small Business Resource, and How Can you Conserve it?

What is the Most Precious Small Business Resource, and How Can you Conserve it? | Small Business News and Tips | Scoop.it
Running a small business, you will quickly realize the value of your finite resources, time and money. While both are essential to manage, your business will
Horizon's insight:

Business owners understand that time is the one resource that can never be made back, and thus is one of the most important resources to manage. Through a better sense of organization and prioritizing, small business owners can learn to get the highest possible value from their schedules.

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Karlo Rodriguez's curator insight, December 23, 2014 7:08 PM

"Time is money"...so the saying goes. But in all actuality, these are two entirely separate commodities; time being the only one that is constant for all of us regardless of industry or marketplace. Time isn't only money. It's a limited resource and needs to be conserved; utilized efficiently. Check out the tips on how to do so in this article. #mysaba #sabizalliance #smallbusiness

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SBA Loans to Luxury Businesses Creating Negative Sentiment around the Program

SBA Loans to Luxury Businesses Creating Negative Sentiment around the Program | Small Business News and Tips | Scoop.it
  Revelations as to who is getting funded by the SBA are raising critical voices around the organization's activities.  What do luxury car
Horizon's insight:

The SBA is getting some critical heat after articles pointing to major loans being backed for luxury businesses raised awareness of issues within the heart of how the agency decides which businesses to approve.

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Why Small Business Owners Need to Think About their Exit Strategies Even if They Don't Plan on Selling Soon

Why Small Business Owners Need to Think About their Exit Strategies Even if They Don't Plan on Selling Soon | Small Business News and Tips | Scoop.it
When you are building a business, the case may be that the only think you think about is growth, and where the business can be if your planning and hard work
Horizon's insight:

In the middle of growing your business, you might not think it's the appropriate time to think about an exit strategy. The reality is that planning your exit while you are still growing can be a tactical choice for which you will thank yourself later.

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Karlo Rodriguez's curator insight, December 5, 2014 11:34 AM

All my emergency response friends tell me they always know where the entrances and the exits are in any building they enter, just in case of an emergency. It is a fact that good planning and foresight saves lives. as it pertains to business, having the wherewithal to plan your exit strategy with the same attention to detail as your entrance into whatever segment you chose, may save your life figuratively and financially. 

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Meet the Newest American Generation: The Plurals

Meet the Newest American Generation: The Plurals | Small Business News and Tips | Scoop.it
In a study released by Magid Generational Strategies, marketers were introduced to the newest American generation, now officially recognized as different from
Horizon's insight:

As the last Millennial turns 18 this year, America greets a new distinct generation; the Plurals. Growing up in a rapidly changing US, the Plurals are a generation that small business owners should pay attention to as they come into their own over the next decade.

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Small Business Saturday Takes Root Overseas in the UK

Small Business Saturday Takes Root Overseas in the UK | Small Business News and Tips | Scoop.it
The 15% growth reported around Small Business Saturday in the US provides independent business owners with some encouraging news at the kickoff of the busy
Horizon's insight:

While proving its success in the US, Small Business Saturday has begun to be adopted in the UK as well.

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A Gift Buying Guide for Independent Entrepreneurs

A Gift Buying Guide for Independent Entrepreneurs | Small Business News and Tips | Scoop.it
With the holidays here, small business owners aren't only making sales; some are making purchases of gifts for staff, business partners and mentors. When it
Horizon's insight:

Giving gifts can be one of the most fun parts of the holiday season, and a gift that really speaks to someone can go a very long way towards building a stronger relationship. Here are some general tips for giving a gift that is both thoughtful and business appropriate.

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3 Simple Techniques for Increasing Small Business Employee Engagement

3 Simple Techniques for Increasing Small Business Employee Engagement | Small Business News and Tips | Scoop.it
Managing employees is not an easy feat, especially within the often hectic environment of a growing small business. However, it is precisely in this type of
Horizon's insight:

Employee engagement is paramount in smaller organizations where people often play multiple roles. Making sure that your business is moving in the right direction means verifying that you and your employees are united and moving towards the same goals.

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Small Business Management: Perceiving your Own Success

Small Business Management: Perceiving your Own Success | Small Business News and Tips | Scoop.it
The economy is showing signs of improving, and while it is a rocky road, it's still improving during a time when the global economy has been doing even worse.
Horizon's insight:

As your own boss, it can be helpful to be your own biggest critic. That is, of course, unless you critique yourself without acknowledging where you have been successful. In a self directed environment, sometimes you need to make a conscious effort to recognize the good work that you do.

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Rider on US Defense Bill Seeks to Improve the Government Contracts Awarded to Female Entrepreneurs

Rider on US Defense Bill Seeks to Improve the Government Contracts Awarded to Female Entrepreneurs | Small Business News and Tips | Scoop.it
Each year, certain "must pass" bills are pushed through Congress with the goal of providing funding for essential government functions. One such bill, the
Horizon's insight:

The National Defense Authorization Act is a routine spending bill that has had a successful history of containing riders aimed at helping small businesses. This year, a bill in particular seeks to improve the number of contracts awarded to female small business owners and buck a long standing trend of falling behind a 5% benchmark.

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A Gift Buying Guide for Independent Entrepreneurs

A Gift Buying Guide for Independent Entrepreneurs | Small Business News and Tips | Scoop.it
With the holidays here, small business owners aren't only making sales; some are making purchases of gifts for staff, business partners and mentors. When it
Horizon's insight:

In a corporate setting, it's common to give Holiday gifts in recognition of important working relationships. When you are running a small business, the same is true, but you should also consider how your gift can reflect the unique nature of your business as well.

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Revisit your Return Policy Before the Holiday Rush

Revisit your Return Policy Before the Holiday Rush | Small Business News and Tips | Scoop.it
Like the lethargy that comes with big meals, or the cringe you get from unwrapping yet another pair of socks, holiday returns are an unpleasant part of the
Horizon's insight:

With only a little time remaining before the New Year, small business owners should take steps to be sure that they have everything in place to handle the returns that can possibly accompany increased holiday sales.

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Tips for Keeping your Team from Losing Steam this Holiday Season

Tips for Keeping your Team from Losing Steam this Holiday Season | Small Business News and Tips | Scoop.it
The holiday season is one that can be bittersweet for small business owners. While it represents one of the best times of year for sales, and can be the
Horizon's insight:

With one of the busiest times of the season at hand for retailers and other small business owners, it can take some proactive thinking to make sure that your team doesn't suffer from burnout. Here are for keeping holiday morale high.

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Small Business Management: Tips on Hiring Holiday Employees

Small Business Management: Tips on Hiring Holiday Employees | Small Business News and Tips | Scoop.it
Come the holiday rush, the usual staff of a small business may no longer be enough hands on deck to support the surge of demand created by increased consumer
Horizon's insight:

With the busy season in full swing, you might be feeling the need to hire some additional staff. Here are tips on taking on temp workers to help get your business through the busiest times of the year.

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Considering a Friend or Family Member for a Business Partner? Here are Some Tips

Considering a Friend or Family Member for a Business Partner? Here are Some Tips | Small Business News and Tips | Scoop.it
We love our family and friends, but when it comes to running a business, the stress of the situation has the potential to throw a serious monkey wrench into
Horizon's insight:

While for some running a business with a loved one is a dream come true, making sure that you set up the proper due diligence to protect your relationship before bringing them in to your business is essential lest you jeopardize the success of your business and the closeness you feel with your intended partner.

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Why Every Small Business Owner Should Test Drive their Website's Customer Experience

Why Every Small Business Owner Should Test Drive their Website's Customer Experience | Small Business News and Tips | Scoop.it
A large number of independent business owners employ either dedicated web developers on their staff or a team of remote developers to manage the creation and
Horizon's insight:

Small business owners might not have a deep knowledge of coding, but they should still take the time to approach their own websites from the perspective of a customer. Site navigation is something that may need to be tweaked to improve the experience of your customers, and to arrive at logical site paths that can lead to conversions.

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3 Tips for Managing Cash Flows Strategically

3 Tips for Managing Cash Flows Strategically | Small Business News and Tips | Scoop.it
Cash flows must be managed carefully in order to allow a business to grow at an optimal rate, in the same way that a plant needs the right balance of water and
Horizon's insight:

The cash flow of your business is something that requires careful attention in order to create a happy equilibrium of expenses and return. Here are three tips for making sure that your business is handling its flow of resources appropriately.

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How Small Business Owners Can Make their Second Impression Count as Much as the First

How Small Business Owners Can Make their Second Impression Count as Much as the First | Small Business News and Tips | Scoop.it
The first impression that you make is an incredibly powerful and long lasting thing. Whether for good or for bad, people will arrive at assumptions in a short
Horizon's insight:

There is a certain art to making strong first impression, with equal parts confidence in yourself and respect towards the other individual playing their roles, but not enough is said about the follow up, arguably just as important as impressing your business partners the first time you meet.

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Small Business Owners Need to Anticipate Consumer Needs in 2015

Small Business Owners Need to Anticipate Consumer Needs in 2015 | Small Business News and Tips | Scoop.it
With disruptive technologies, start-up culture, the rise of mobile and the unfolding battleground of mobile payment technologies set to be major influences on
Horizon's insight:

As the end of the year approaches, business owners should have their eyes and ears open to trends that will define next year's business strategies. One of the most powerful forces shaping events will be the needs of consumers increasingly awakening to mobile and online commerce.

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A Foil to Black Friday, Small Business Saturday Grows by 15%

A Foil to Black Friday, Small Business Saturday Grows by 15% | Small Business News and Tips | Scoop.it
  Slumping Black Friday sales need not have worried small business owners, as numbers positive numbers have been reported by the National Retail
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While Black Friday sales were down, the day after saw Small Business Saturday continue to grow, good news for small retailers looking for a foothold in the busy holiday shopping season.

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Use Your Holiday Conversion Data to Tune-up your Landing Pages

Use Your Holiday Conversion Data to Tune-up your Landing Pages | Small Business News and Tips | Scoop.it
The holidays are a time when business tends to pick up, with some small businesses making large percentages of their yearly sales in the months leading up to
Horizon's insight:

By the end of the holiday season, your sales pitch will be at it's well practiced prime. Take the same principles and apply them to your e-commerce landing pages with the benefit of heightened holiday traffic.

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