Starting a new business can be an exciting journey, but it’s essential to be aware of the challenges that come with entrepreneurship. About 18% of startups won’t make it through their first year, and only 50% will last beyond five, according to Bureau of Labor Statistics data. To increase your chances of success, it’s crucial […]
small business
Customer Experience
As we move further into the digital age, businesses are constantly seeking ways to streamline operations, reduce costs, and improve the customer experience. One key area that has seen significant growth is automation. With advancements in artificial intelligence (AI) and machine learning, automation is no longer a futuristic concept but an essential part of any […]
Business Expansion Strategies
Whether you’re looking to get into new markets, offer new products or services, or simply grow your existing business, there are several things you may want to consider before taking the leap. In this post you’ll find six proven business expansion strategies to grow your business in 2023. Do the financials work out? One of […]
Low Investment Small Business Ideas
You’re driven, you’re disciplined, and you’re bursting with creative ideas. You have all the traits necessary to make it as an entrepreneur. There’s just one problem: You’re low on capital, and don’t have the network you’d need to find investors. The good news is there are plenty of ways to launch a business with relatively […]
Common Financial Challenges Faced by Small Businesses
Keeping a small business afloat is almost always a daunting task. Aside from managing the often-chaotic day-to-day operations, you also need to work with your team on an array of tasks that include inventory checks and employee management. On top of these operational challenges, small businesses also need to worry about generating profits and establishing […]
Tax Preparation Guide & Tips for Truck Drivers and Trucking Company Owners
If you’re the owner-operator of a small trucking company, you may find all the taxes you have to pay rather overwhelming. The trucking industry isn’t only one of the most regulated industries in the country, but it’s also one of the most heavily taxed. It’s very important to pay your taxes when you’re in the […]
