Business Owner’s Discipline in a Post-Pandemic World
If you’re a business owner, you’ve heard us talk about the importance of employee retention in today’s post-pandemic environment. With the labor shortage and more employees thinking about work/life balance as we come out of the lockdown, we emphasized steps to keep your current employees happy. That remains the case, and it’s still much easier […]
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What You Can Do About the Labor Shortage
It’s hard to miss all the headlines about the labor shortage. Restaurants are scaling back hours, switching to carry-out only, and even closing for good because they can’t find people. Grocery stores shelves are empty and almost every main street storefront sports a “Help Wanted” sign. Research shows that consumer demand isn’t to blame: Retail […]
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Leveraging Threat Mitigation for Successful Exit Planning
Although John Bloch had been working on boat repair and maintenance since he was a teenager, he wasn’t quite prepared for the challenges he faced in 2012 — about eight years after buying his employer’s assets and taking over the helm himself. When John stepped up in 2004, he hired seven employees and quickly began […]
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Is It Time for Business Growth?
While all new business owners and founders cross their fingers for overnight success, the truth is that most new ventures or startups need to clock some serious hours to ensure business growth. Scaling up is complicated, intensive, and often pretty frustrating, but it’s also the foundation of serious return on investment. Growing or Scaling? First, […]
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A Cryptocurrency Guide for Small Business Owners
Businesses of all shapes and sizes have been increasingly adopting blockchain technology for several processes, and under the umbrella of blockchain technology sits cryptocurrency. Blockchain can seem nebulous and complicated for small businesses with streamlined accounting processes, but ultimately it’s a tool that will help owners future-proof their business. What is Blockchain? At the most […]
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Wage Compression Challenges For Business Owners
Lately, it seems like business owners are facing wave after wave of problems that stand in the way of post-pandemic recovery, with the newest obstacle being wage compression. That’s when you have to raise starting salaries to find new workers and the new people start making as much (or more) as your longtime staff. Why […]
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Disadvantages and Challenges of Remote Work
Remote work has been a topic of conversation in boardrooms for some time now, but that conversation accelerated in the past year. Businesses of all sizes were forced to go fully remote or adopt a hybrid workforce strategy to keep employees safe amid the pandemic, and while this was a necessary move, it may not […]
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Email Marketing: How to Grow Your Email List
Despite what you may have heard, email marketing remains a crucial tool in the marketing toolbox — especially for local businesses and eCommerce brands. In fact, research shows that the ROI for email marketing is $42 for every dollar a business spends. Email marketing is not only a great way to engage an audience with […]
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Overcoming Post-Pandemic Recovery Challenges
It seems that we are seeing the light at the end of the tunnel with regards to the current COVID-19 pandemic, which has organizations of all sizes building resiliency and future-proofing their processes. However, while many remain positive that growth is coming, small businesses are still struggling with challenges that stand in the way of […]
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The Benefits of a Peer Advisory Board
While there are plenty of rewarding aspects that come with owning a business, it can also come with challenges that only other entrepreneurs are familiar with. A peer advisory board offers a way for business owners to connect with each other, share challenges, and brainstorm solutions for personal and professional growth. Support Isn’t One-Size-Fits-All You […]
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