Blog posts tagged with "Small Business Ideas"

If someone is counting on your income to survive, taking out a life insurance policy is a prudent choice. Small business owners look to life insurance to protect their families and their businesses after they pass, and having a life insurance policy in place can bring you peace of mind.

No matter what industry you’re in, networking is essential. Even in the midst of the COVID-19 pandemic, building relationships should be high on your priority list. Networking can help you meet potential employees and vendors, land referrals, and most importantly, grow a successful business.

For any business, there are many important balances to strike. You must provide great service, but at a reasonable cost. You want to allow employees their freedom and creativity, without creating chaos.

If you’ve been working from home for a long time, then you may be wondering if it’s time to rent an office space. Or, you may be amongst the business owners that have been forced to turn to remote work amidst the COVID19 pandemic. If this is the case, you may be re-evaluating your previous office space and wondering if permanently working from home is the right move.

As a business owner, there may come a day when you decide to transfer ownership of your business. Perhaps you want to retire and want your business to operate under new leadership. Or, maybe you’re interested in recruiting a partner who will assume ownership of a portion of the company. Some businesses are so successful that others approach them with buyout offers.

Starting a customer loyalty program can be a time-consuming, yet rewarding, project. It’s vital to make your existing customers feel valued. This is especially crucial this year, as businesses fight to stay afloat due to the COVID-19 pandemic. During these unprecedented times, you should strive to keep customers coming back to your establishment.

As a restaurant owner in the U.S., you’re one of over 1 million restaurants nationwide. With this much competition, you must ensure that you keep up with customer demands. In addition to delicious food and a nice interior, customers will also appreciate having the option of restaurant delivery services.

Running a business is exciting, but there’s bound to be trying times. Throughout 2020, business owners have been forced to adapt to COVID-19 guidelines, including social distancing, revised services, and safety measures. Unfortunately, many have had to close their doors, while others struggle to remain financially secure.

When you run a small business, every dollar counts. You know you need to spend some money on marketing to reach your ideal audience, but the cost can feel daunting.

A decade ago, most consumers didn’t know what a subscription box was. There were some early adopters in this market, such as The Sampler, an art-based subscription, which started in 2004. However, the trend really took off when beauty service Birchbox hit the scene in 2011. Now, there are subscription boxes for everything from vegan meals to scuba gear. Birchbox is still going strong, along with its main competitor, Ipsy. Many entrepreneurs are joining in, hoping for a piece of a market that grew 890 percent between 2014 and 2018.