By Gild Insurance
Starting and running a small business comes with its own set of challenges and risks. While you focus on growing your business, it’s crucial to safeguard it against unforeseen events that could potentially disrupt your operations. This blog post will walk you through the essential types of business insurance your small business should consider and provide a quick quiz to help you make informed decisions on how to protect your business’ future.
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By Barbara Nuss, CPA, Profit Soup
Nothing surpasses the warm feeling business trainers and counselors get from witnessing the “lightbulb moments” new skills and knowledge can bring, followed by real positive changes in individuals’ lives and their businesses. With financial resources scarce, and funding for training in decline, how can you leverage your time and reach more clients in a scalable, efficient way? Enter online learning.
Many were forced into the online universe due to the restrictions on in-person interactions. Others had embraced it far earlier. Today many SBDC Centers use online platforms to deliver training and counseling. As a nation, we are not going back anytime soon: more than half of American adults who expect to need more education or training now say they would do it online. Still, we question whether we make the same impact when we lack face-to-face engagement.
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Sunglasses on, toes in the sand — it must be summertime! While the hot weather sounds like a vacation for most, some business owners are feeling a bit salty about it. In fact, in a recent survey of entrepreneurs whose peak seasons are in the summer months, the biggest reported obstacle was standing out in a crowded summer market. If you’re worried customers would have more luck finding a lost grain of sand on the beach than finding your business, read on for our best summer small business management tips.
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You were country when country wasn’t cool. And now you’re ready to launch your small business at the core of rural America. It may not always feel like your big dreams can become reality in a small town, but in 2023, rural businesses are thriving. According to the U.S. Department of Agriculture, the nation’s manufacturing jobs — once the beating heart of rural economies — sharply declined through the 2000s. But in the last few years, those jobs have been replaced by service and retail roles, largely in small businesses.
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Imagine it is your last counseling session of the year with one of your favorite clients, Zoe. Together you are celebrating her record-setting year-end profits and revenue. For the first time ever, she was able to pay meaningful bonuses and her team is ecstatic. She’s made plans to invest some of her profits in a new location. Yes, there were challenges along the way, but for the first time Zoe felt her business’s performance was not all on her shoulders. Her team stepped up and were instrumental in making it happen.
As you and Zoe reflected on what made the difference, six key steps stood out.
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