Is Small Business Success Possible During a Period of Inflation?

The global post-pandemic economy is turbulent with the current inflation and looming recession. It’s especially affecting small businesses. According to a recent Goldman Sachs survey, 91% of small business owners report negative impacts on their business, and 73% specifically blame rising energy costs.

Small business owner worrying over inflation

Combatting inflation isn’t easy, especially when small businesses laid off nearly 40% of their workforce at the start of the COVID-19 lockdowns. A McKinsey survey found rising prices are a bigger concern to the average American than gun violence, COVID-19, and climate change, with a whopping 65% of people reporting it as their top worry.

As you navigate stricter buyer expectations and supply-chain shortages, you may be wondering how to deal with inflation as a small business.…

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A Brief Guide to Workholding Solutions

Machining industrial parts require a considerable degree of precision. That’s especially true with computer numerical control (CNC) machining, where grinders, lathes, and turning mills make a predetermined set of cuts to a given material. The part being worked on must be held firmly in one position to ensure the cutting tool doesn’t miss a step. If the part shifts position during machining, the resulting product will be defective and may be non-functional, forcing you to start the process all over again.

Worker using workholding solutions

That’s the whole essence of workholding solutions. This article covers everything you need to know about workholding solutions.

The Role Of Workholding Solutions

The primary role of workholding solutions is to keep the part being machined immobile and stable.…

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5 Social Media Marketing Strategies For Businesses that Work Like a Charm

Social media marketing is becoming one of the most important tools for businesses to reach their audiences. Not only can social media increase brand awareness, but it also has the potential to help businesses grow, increase sales, and create a loyal customer base.

Social media marketing

photo credit: Eva Bronzini / Pexels

However, many businesses struggle to make the most of their social media presence. The reasons could be not implementing the strategies properly, not doing market research, and more.

This is where we can help. This article will discuss five effective social media marketing strategies to help businesses reach their goals and stand above the competition.…

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Keeping Business Strong Whilst Combatting Inflation

No one is unaffected by the cost of living crisis affecting countries across the globe, and the world of business is certainly no different.

Business analysis

Inflation rates in the United States were at 7.7% in October 2022, resulting in your business having to contend with rising interest rates, while there are supply pressures as a result of having to pay for products and materials – not to mention the impact on shipping and delivery prices.

This can have a direct impact on your purchasing power but there are ways to keep your business strong while combatting inflation.

Pricing audits

First and foremost, it is time to keep control of your spending – now is the moment to really examine your costs.…

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How Much Does Your Website Design Impact Search Engine Optimisation?

When it comes to improving website performance, there are several factors to keep in mind. Unfortunately, people tend to focus most of their attention on one or two factors they deem most important. In reality, there are several aspects of web design that impact search engine optimisation. In this article, we explore five elements of web design that directly impact SEO.

business web desgin

Mobile-Friendly

If you want your target audience to be able to find your website through search engines, it’s essential to make sure your site is designed in a way that will allow them to do so. One of the factors that can impact your site’s ranking in search engine results pages is whether or not it is mobile-friendly.…

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When to Know It’s Time to Offer Consumer Finance

Consumer financing has become essential for businesses to increase their customer base and maintain a competitive edge in the market. It can benefit both customers and companies alike, as it gives customers more flexibility in how they pay for goods or services and allows businesses to offer payment plans that cater to different budgets. It results in increased loyalty and customer satisfaction.

Consumer financing

The success of any business depends on its ability to attract, retain and convert customers. Offering consumer financing can be an effective way of meeting these objectives. However, you should know their policies and interest rates to collaborate effectively.…

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How to Determine The Best Heat Shield Material For Rework Process

Rework is essential in the electronics manufacturing industry as an effort to cost saving and reducing wastage. Moreover, PCBA reworking is vital in case the subject component is not available in the market, which happens many times in recent markets of low supply. If the extent of damage on PCB is low then reworking is an efficient solution. However, it comes with few challenges.

PCBA reworking

Reworking on BGA (Ball Grid Array) is known as area array rework. There are a variety of high temperature prone BGA components that might get damaged while reworking on PCB. In some cases, reworking can also soften up or reflow components in proximity.…

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Maximizing Your Online Presence with High-Quality Video Production

In today’s digital world, having a strong online presence is crucial for individuals and businesses alike. One effective way to enhance your online presence is by incorporating video content. It allows you to communicate complex information in an easily digestible and visually appealing format, and it can help drive more traffic to your website and increase your visibility on search engines.

Video production

However, to truly maximize the impact of video on your online presence, it’s important to focus on producing high-quality content. This can be achieved by working with a professional video production company, which can help you develop a clear and compelling concept for your video and use the right equipment and techniques to bring it to life.…

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Best Binary Options Strategies

Trading in binary has become very popular in the trading industry. Remember, it won’t be worth it if you rush into the market before you master one or two strategies to work with. Trading using the binary option is not easy, and every experienced trader has a few strategies up their sleeves to get them out of thorny situations.

Options trading

This guide explores some of the best binary options strategies that skilled binary traders use and why you need them.

Why Do You Need Binary Options Strategies?

Let’s first understand what the otc trading strategy for binary options mean. In binary options trading, you stake your money on whether or not the price of a commodity will rise or fall within a specific time frame.…

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Your Toronto Immigration Lawyer Should Possess These Qualities

When planning to migrate to Canada, it can be a long process that requires careful research and preparation. One of the first steps is to assess your eligibility for immigration. Different requirements exist according to which category you are applying under: skilled worker, business immigrant, family sponsorship, or humanitarian program.

Lawyer

It is important to take into consideration any potential immigration requirements for professions that are regulated in Canada. Depending on the occupation, you may need to gain additional qualifications or certifications before you can practice your profession legally in Canada.

Once you have assessed your eligibility, it is important to seek advice from a qualified immigration lawyer who specializes in immigration to Canada.…

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