POSTS TAGGED : small business

If 2025 is This Bad, What About 2026? A Small Business Owner’s Perspective

As a small business owner, 2025 has been a year of relentless challenges. From rising costs to shifting consumer behaviors, the landscape feels increasingly hostile to those of us trying to keep our heads above water. Every month brings a new hurdle, and just when I think I’ve adapted, another wave of uncertainty crashes over my business.

Thinking entrepreneur

If 2025 has been this difficult, I can’t help but wonder: what does 2026 have in store for us?

The Struggles of 2025: A Year of Survival

Let’s start with the obvious: inflation. The cost of everything has skyrocketed. Supplies, utilities, wages—it feels like there’s no end to the price hikes.…

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The Side Hustle Dilemma: Is It Ruining Small Businesses?

Over the past decade, side hustles have become a dominant force in the economy. From freelance gigs to e-commerce shops run during off-hours, the side hustle culture has inspired millions to explore entrepreneurial ventures. Promoted as a way to achieve financial freedom and independence, side hustles are often seen as empowering tools for the modern worker.

Managing small business growth

However, as the gig economy grows, a troubling question arises: are side hustles undermining small businesses? While the movement to hustle has its merits, its unintended consequences on traditional small businesses and the economy at large deserve scrutiny. In this article, we’ll examine the side hustle phenomenon, its impact on small businesses, and what can be done to create a balanced entrepreneurial ecosystem.…

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The Future is AI: Positioning Your Small Business for Success

Artificial Intelligence (AI) is no longer just a buzzword; it’s becoming an essential tool for businesses of all sizes. As a small business owner, understanding and embracing AI can be the key to staying competitive in today’s rapidly evolving market landscape.

AI small business adoption

photo credit: Tara Winstead / Pexels

AI encompasses technologies that enable machines to perform tasks that typically require human intelligence. These tasks range from simple automation to complex decision-making processes. Machine learning, natural language processing, and computer vision are some of the core components of AI.

AI can revolutionize various aspects of small business operations, including customer service, marketing, sales, finance, and product development.…

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Maximizing The Final Months of 2023: A Roadmap to Small Business Success

As we approach the end of 2023, small business owners are presented with a valuable opportunity to make the most of the remaining two months. This period is not only a time for reflection but also a chance to implement strategic moves that can set the stage for a prosperous new year.

Small business planning for the rest of 2023

In this article, we’ll provide you with a roadmap filled with practical tips to help you seize the opportunities available until the end of 2023 and position your business for success in the year ahead.

1. Assess Your Year So Far

Before diving into year-end planning, take a step back and assess your business’s performance in 2023.…

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How AI is Small Business’ Growth Partner

In today’s world Artificial Intelligence (AI) has gone beyond being limited to corporations. Has now become an integral part of small businesses. These businesses are now using AI to drive growth, innovation and efficiency.

AI and small business owner interaction

This article explores the ways in which AI is supporting the growth of businesses.

1. Improving Customer Experience

AI powered chatbots and virtual assistants are not just tools; they represent the face of customer service. By providing responses and personalized interactions they are revolutionizing how small businesses engage with their customers. These AI driven systems can handle inquiries 24/7 ensuring support and freeing up resources for more complex tasks.…

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A Guide to The 4 Types of Small Businesses

Did you know over 99.9% of businesses in the US are small businesses? These are integral to the American economy, acting as a source of innovation, national prosperity, and economic growth. Small businesses are small scale privately owned setups or corporations that require minimal investment and resources. If you are planning to start one, it is crucial to understand the different types of small businesses to find out what fits your circumstances best.

Small business owner

photo credit: Bruce Mars / Unsplash

The next step would be to hire a B2C marketing agency; these guys can help you effectively launch your product and create a positive image for your small business in the global market.…

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Leading by Example: 10 Practical Tips for Small Business Owners

Your actions and habits as a small business owner have a significant impact on your employees and the overall success of your venture. Leading by example is a strong method that may inspire and encourage your staff, promote a healthy work culture, and drive business success.

All-women small business leadership team

Here are some helpful hints for leading by example:

1. Set Clear Expectations

Clearly communicate your expectations to your team members. Outline your vision, goals, and values, and ensure everyone understands what is expected of them. When your team knows what success looks like, they can align their efforts accordingly.

2. Practice Empathy and Respect

Demonstrate empathy and respect towards your team members.…

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Adapting to Changing Market Conditions in a Small Business

You understand that the market is always changing as a small business owner. You may struggle to stay up as consumer preferences, the state of the economy, and business trends all change quickly. However, if you have the correct mindset and plans in place, you can adjust to shifting market conditions and beat out the competition.

Business owner on the phone

photo credit: RODNAE Productions / Pexels

Here are some tips for doing so.

1. Stay Informed

Keeping up with developments in your industry and beyond is the first step in adjusting to shifting market conditions. This entails staying current on industry news, going to conferences and trade exhibitions, and keeping an eye on your rivals.…

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Australia’s Small Business Restructure Rollover Explained

Operating a small business is a challenge. The Australian Government offers a range of incentives to simplify the process, and we’re going to provide a small business restructure rollover example in this article.

Small business restructure rollover

We’ll show how the small business restructure rollover scheme makes it easier for small businesses to adapt to changing market conditions and meet the needs of their customers.

The Small Business Restructure Rollover Scheme

The Australian Government offers a number of incentives to small businesses that are designed to encourage growth and reduce red tape. The Small Business Restructure Rollover (SBRR) scheme is a tax concession that simplifies the process of transferring assets when restructuring a small business.…

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The Needs of a Small Business

So you finally got the courage to start your own business. Congratulations. It is not an easy decision. Small businesses have unique needs that must be met in order to be successful.

Small business owner working

You need to think about the technical aspects, sales, financing, and marketing. You might need to consider Colorado Springs small business loans.

The Needs of a Small Business

  1. Financing: Small businesses often need financing to start, expand or sustain operations. This may include funding for equipment, inventory, and working capital.
  2. Marketing: Small businesses need to market their products or services in order to attract customers. This may include advertising, public relations, and promotional activities.
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