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:: 5 Small Business Trends to Leverage in 2020

01/27/2020
If you have a small business, it is essential to keep up with the latest trends in technology, marketing, customer service and other areas that affect your business. Each business is unique, so every trend doesn't necessarily impact you equally. However, all major trends do influence your customers' expectations, so it is good to be up to date.

Here are some of the most significant trends I'm currently seeing that will impact small businesses in 2020 and beyond.

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:: Cybersecurity for small business

01/24/2020
While cyberattacks facing large corporations and government entities may dominate headlines, small businesses are victim to the majority of cybersecurity breaches. In fact, nearly half of small businesses in the United States suffered a cyberattack in 2017, according to a recent study.

Cybersecurity attacks are constantly evolving to accommodate the latest technologies. Small businesses contend with several existing and emerging internet-related threats, including malware, ransomware, phishing and botnet infections.

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:: Get Motivated Going Into the New Year With These Top Small Business Stories

01/22/2020
The first weekly roundup of 2020 starts with some motivational quotes to get you up and running for the new year.

Once you are all pumped up, an article about the economy should also get you excited. The report says all 50 states have improved their GDP since the 2016 election. And if the rally of the stock market on January 2, 2020 is an indicator of things to come you can expect even better numbers.

The optimism for the coming year is also being shared by business leaders. Over two thirds or 76% of them say they see similar or more profits in 2020. The data comes as part of a survey that polled 940 business owners in this article.

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:: The Power That Small Businesses Wield

01/20/2020
Small businesses are the lifeblood of the U.S. economy and account for 99.7% of all employers.
Small businesses work with large enterprises as vendors, customers, competitors or partners.
Large businesses can learn from small business ingenuity, innovation, agile management, customer service, workplace culture and diversity.

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:: 10 Resolutions and Improvements for Your Small Business to Consider in 2020

01/17/2020
The start of a new year provides the perfect opportunity for business owners to set new goals and find unique ways to improve their operations. There are plenty of different options for your 2020 resolutions, from shoring up your finances to organizing your online presence. Here are some suggestions and tips from members of the online small business community.

Grow Your Savings with Money New Mindset
If one of your resolutions for 2020 is to save more money for your business, you may need to shift your mindset. So how can you look at things a bit differently in the new year? Jamie T. Wiseman of Miss Millennia Magazine explores a handful of mindset shifts in this post.

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:: 2020 brings higher labor costs for small businesses

01/15/2020
As of Jan. 1, there are higher minimum wages in a quarter of the states, and new federal overtime rules. The IRS has new W-4 forms owners will need to get used to. Plastic bags are on their way out at stores and other businesses in a growing number of places around the country. And California has new laws on freelancers and consumer privacy that can affect out-of-state companies.

A look at a handful of the 2020 changes in federal, state and local laws and regulations:

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:: Small business pay checks are growing at a fast pace as job gains slow

01/13/2020
Small business pay checks are growing at a fast pace as job gains slow

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:: 2020s new taxes, regulations to clobber small businesses

01/10/2020
Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies and some owners will discover that they have to comply with new laws that aren’t on the books in their own states.

As of Jan. 1, there are higher minimum wages in a quarter of the states and new federal overtime rules. The IRS has new W-4 forms owners will need to get used to. Plastic bags are on their way out at stores and other businesses in a growing number of places around the country. And California has new laws on freelancers and consumer privacy that can affect out-of-state companies.

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:: Company Emerges to Help Small Businesses Compete with Amazons Same-Day Delivery—But With Green Cred

01/08/2020
As companies like Amazon, Walmart, and Target begin to dazzle us with the growing possibility of same-day delivery, it’s becoming harder for small businesses to compete in ways that provide the same speedy delivery without relying on high-emission forms of commercial storage or transportation options like renting space in large warehouses and air delivery.

That is all now changing thanks to an organization called Ohi—a US-based warehousing and delivery service that allows small businesses to offer speedy, sustainable delivery options.

Complete Article

:: These Shark Tank entrepreneurs turned a class project into a profitable small business

01/06/2020
The loyalty to the series clearly inspired a smart pitch, because it didn't take long for the Sharks to warm up to the idea. Plus, offering cold beers in customized Kanga coolers didn't hurt.

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:: 10 Tips for Making Major Changes in Your Small Business

11/22/2019
If you run a small business for a long time, you will probably need to navigate through a lot of major changes. Members of the online small business community are very familiar with these shifts. From getting started to deciding when to retire, here are some valuable insights for making big changes in your business.

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:: Small Businesses Must Take Advantage of the Democratization of Data

11/20/2019
Learn how the easy availability of big data can help SMBs compete with big businesses.

- Data is now easier to collect and cheaper to host, making it accessible to nearly every business.
- The availability of data helps small businesses compete against big corporations, but they may still struggle to use that data in practical ways.
- Three ways small businesses can use big data to grow include checking on credit data about your business, monitoring supply chain data, and keeping an eye on artificial intelligence and automation innovations.

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:: 16 Creative Ways to Get Press Coverage for Your Small Business

11/18/2019
In other words, press coverage is priceless, but where do you start? To find out more, we asked 16 marketing experts and entrepreneurs to share interesting and cost-effective ways to get media coverage.

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:: If You Say Yes to Any of These 6 Questions, Your Emotional Intelligence May Be Higher Than Most People

11/15/2019
The World Economic Forum recently uncovered something that would not have registered on the radar screen of most HR leaders even ten years ago.

One of the top 10 job skills required for workers to thrive--a skill projected to trend in the year 2022--is emotional intelligence.

Emotional intelligence (EQ) has embedded itself in the business lexicon as a force to be reckoned with; it is by far one of the most desired qualities for personal and professional development.

Managers are hiring workers with more right-brained skills like EQ because they know these people contribute to the workplace on a relational and interpersonal level that is unmatched.

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:: Cyberattacks now cost small companies $200,000 on average, putting many out of business

11/13/2019
- Forty-three percent of cyberattacks are aimed at small businesses, but only 14% are prepared to defend themselves, according to Accenture.
- These incidents now cost small businesses $200,000 on average, reveals insurance carrier Hiscox, with 60% of them going out of business within six months of being victimized.
- More than half of all small businesses suffered a breach within the last year.
- Today it’s critical for small businesses to adopt strategies for fighting cyberthreats.

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:: Keep These 4 Things in Mind Before Selling Your Small Business

11/11/2019
Selling a small business for the maximum value to the right purchasers on the right terms can be a tremendous challenge, even for experienced business owners. Buying and selling an existing company is a complex process, but one that should be demystified. At its most basic level, the process is straightforward, just like the purchase of a single item. The small-business owner sells the object (in this case, their own business) to a potential buyer for an agreed-upon price and mutually acceptable terms. Yet, as always, the devil is in the details -- in this case how the deal is structured.

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:: A New Small Business Tech Ecosystem is Emerging

11/08/2019
Embedded Financial Services is the Future

Another group of companies to watch are those that focus on one particular vertical. They can build out capabilities unique to a particular industry and while they will not have broad data sets they can go very deep within a vertical. Shopify is a good example of this as they become the go to platform for ecommerce companies. They have functionality they call Shopify Manage which is billed as the mission control for your business, wherever you go available on desktop or mobile. They also have Shopify Capital for lending and Shopify Payments.


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:: This Design Platform Is Great for Small Businesses

11/06/2019
Graphic design is an essential aspect of any marketing campaign or emerging business. You can't brand a business without design tools. When you are starting a business, contracting designers for a website, marketing materials, flyers, a logo, and countless other business expenses can add up fast. At some point, you have to be willing to take on some of the creative challenges yourself.

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:: How to Attract, Hire, and Retain Unicorn-Level Talent

11/04/2019
How do you hire, onboard, and retain a great team?

You start by viewing your company through the EQ lens to discover your organizational obstacles―the elephants standing in the way of your company's success.

Attend this webinar, How to Attract, Hire, and Retain Unicorn-Level Talent, as headhunter and executive coach Caroline Stokes delivers a blend of recruiting and emotional intelligence strategies essential to helping you identify and tackle your elephants and acquire and retain key hires―those unicorns―that will help your company stand out, stay resilient, and drive growth.

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:: A New Tool Aimed At Small Business Allows For Real-Time Analytics

11/01/2019
A new free analytics tool introduced on Sept. 10 by the Atlanta-based lending platform Kabbage analyzes the live data of more than 200,000 companies in an effort to give small business owners a way to assess how their businesses are performing in real time. It’s daring to meet the demands of the ever-changing world of small business.

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:: Can Too Much Cybersecurity Be Bad for Your Small Business?

10/30/2019
If you run a small business, security is probably near the top of your priority list—and if it’s not, it should be. Businesses are the most common targets for cyberattacks, and the consequences of having data stolen can be huge ever since the passage, implementation, and consequences of the GDPR (General Data Protection Regulation) in Europe.

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:: The 100 Women Building Americas Most Innovative and Ambitious Businesses

10/28/2019
The entrepreneurs on Inc.s second annual Female Founders 100 list have transformed every major industry in America. Meet the boundless dreamers making the biggest difference in 2019.

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:: Collecting on Your Invoices Does Not Need to Be a Nightmare: 3 Tips for Getting Paid

10/25/2019
Eleni Gianopulos spent more than 15 years selling her handmade sugar cookies to a famous gourmet grocery chain. Then Dean & DeLuca stopped paying its bills. By January 2018, Gianopulos, founder and owner of New York City-based bakery Elenis Cookies, realized that she might never be paid for $86,000 worth of 2017 custom holiday orders.

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:: How Googles Youngest-Ever Hire Launched an AI Company Backed by Mark Cuban

10/23/2019
The daughter of two entrepreneurs who immigrated to the U.S. during the Iranian Revolution, Falon Fatemi became known as Google's youngest-ever hire at the age of 19. After leaving Google, she founded her own AI company, Node — and secured famed investor Mark Cuban as a backer. Node aims to use deep learning to analyze relationships between people and companies, then pinpoint how clients can leverage those relationships into sales, marketing and recruiting opportunities. In this episode of How Success Happens, Fatemi spoke with Entrepreneur about landing a job in big tech, AI and data policies and how to give a top-quality pitch.

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:: Why Todays Best Business Leaders Look to Stoicism

10/21/2019
Ask entrepreneurs to name their biggest challenge, and you’ll hear plenty of answers: decision-making, prioritizing, staying positive, maintaining momentum. The list goes on. As you may already know, starting and running a business is not for the faint of heart. Now ask those same entrepreneurs whether they have a framework for managing these challenges, and they might have a tougher time answering.

But what if I told you that there is a school of philosophy dating back to ancient Greece that can help you handle all of these obstacles on a daily basis and, as a bonus, may even enrich your quality of life?

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:: 3 Ways a Small Business Can Meet Its Holiday Help Needs

10/18/2019
A lack of available workers will make the holiday season a challenge for companies of all sizes. Some of the bigger retailers have already begun ramping up their seasonal hiring efforts. That puts more pressure on small business owners to figure out how to meet their holiday season employee needs sooner rather than later.

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:: 3 Purpose-Driven Ways to Increase Your Companys Productivity

10/16/2019
Adaptability, hustle and momentum are everything, especially in todays competitive, ever-changing technological environment. If only your employees would spend fewer hours on social media and more time perfecting their individual crafts, your business would easily outpace less efficient competitors, allowing you to live the entrepreneurial dream you’ve always wanted.

But how can you instill a greater sense of urgency without making everyone miserable at work?

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:: How to Create an Amazing Company Culture

10/14/2019
By now, you have probably heard of 23andMe, the biotech juggernaut that is revolutionized the DNA-testing industry. Though the company has its fair share of critics, one thing is for sure: 23andMe has experienced tremendous growth, claiming more than 10 million worldwide customers as of this writing.  A lesser-known fact is how much its employees love working there. In fact, it was named among Glassdoors Best Places to Work for 2019.

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:: Tips for Starting a Small Business

10/11/2019
As is common in many aspects of life, there are lessons we learn that we wish we’d known sooner. When it comes to being a small business owner there are insights you can only gain from gathering years of experience. That is why it’s important to surround yourself with people that know things you don’t.

Here are a few tips from successful small business owners.

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:: 50 Motivational Quotes From Inspiring Women Leaders

10/09/2019
The climb to the top can be tough going for anyone. But as women, there are particular hurdles that can make the journey upward toward positions of power and influence -- in myriad spheres -- especially challenging.

Here, in 50 inspiring quotes, businesswomen, role models, activists, entertainers, authors and politicians share their thoughts on leadership and success -- and what exactly those words mean to them.

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:: 3 Small Business Mistakes to Avoid

10/07/2019
To say the United States has many small businesses would be an understatement — according to JP Morgan Chase & Co., more than 99% of Americas businesses are included in this category. Collectively, they contribute $5.9 trillion dollars to the economy every year.

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:: A Guide to Small Business Retirement Plans

10/04/2019
Running a small business or being self-employed can offer flexibility, freedom and control over your earning potential. While the perks are plentiful, there’s one thing thats usually missing when you own a small business: an employer-sponsored retirement plan.

Self-employed people do not have 401(k)s, and small business owners tend not offer them, citing the time and cost to set up and administer them. The good news is there are several other retirement plan options available to small business owners. If you have yet to begin saving for retirement as an entrepreneur, here is how you can change that.

Small Business Retirement Plan Basics

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:: How These Female Founders Are Using Instagram to Mentor the Next Generation of Entrepreneurs

10/02/2019
High-profile entrepreneurs like Stitch Fixs Katrina Lake and The Riveter's Amy Stern Nelson are using Stories to answer questions about everything from managing cash flow to storing breast milk during business trips.

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:: 10 Powerful Women in Tech Share Their Best Advice for Managing a Team

09/30/2019
How does a leader manage to harness the talents of a group without letting things descend into chaos? How does a leader give firm direction without stifling creativity and individuality?

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:: How Accessibility Can Make (or Break) Your Small-Business Website

09/26/2019
Web accessibility may not be the first thing you think of when designing a website for your small business, but in the long run, few things could prove more important. Just like how a brick-and-mortar store must comply with ADA guidelines to ensure that all individuals can access their facilities regardless of whether they have a disability, business owners, as well as web design and digital agencies, must also ensure that those with disabilities have equal access to web content. Failure to make web accessibility a priority when designing your website could have significant long-term consequences.

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