Many small business owners set prices by gut feeling or by copying competitors. This leads to either charging too little and losing money or charging too much and losing customers. Here’s how to price your products with confidence. Know your…
The recent tariff hike on goods imported from China — now reaching up to 145% — is sending shockwaves through U.S. businesses. For large corporations, navigating this may be frustrating but manageable. For small businesses? It’s a potential threat to…
The U.S. government has announced sweeping new tariffs on imported goods from countries like China, Japan, and members of the European Union. With duties as high as 34% on some products, small businesses across the country are bracing for higher…
Small businesses often can’t spend much on marketing. But you don’t need a big budget to get results. Here are three marketing ideas that work without breaking the bank. 1. Email newsletters that people want to read Email marketing still…
Running a small business means watching every dollar. One place where money often gets tied up? Your inventory. Too much stock eats cash and takes up space. Too little means missed sales. Let’s fix that. The Real Cost of Excess…
The Power of Process Automation for Small Businesses: Do More With Less In the competitive landscape of small business, working smarter—not just harder—can make the difference between thriving and merely surviving. While “automation” might sound like something only big corporations…
Workshops help us learn new skills. But should you join one in-person or online? Let’s look at the pros and cons of each. In-Person Workshops: The Traditional ApproachIn-person workshops put you in the same room with others. This creates a…
The workplace has changed. Companies now choose between traditional offices, remote work, or something in between. Let’s look at what matters for employers when making this choice. Cost Savings of Remote Work Office space costs money. A lot of money.…
Business operating costs vary significantly across different sectors in the American economy. Understanding these cost structures is crucial for entrepreneurs, investors, and analysts to make informed decisions. Here’s a breakdown of average costs by major business sectors in the USA:…
As a business owner, you’re always looking for ways to work smarter, not harder. You want to streamline your operations, boost productivity, and ultimately increase your bottom line. But with so many expensive tech tools and software out there, it…