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Finance

5 Tips for Navigating Business Credit Card Fees

March 26, 2024

Via: Small Biz Club

Business credit cards are a great tool for entrepreneurs looking to manage cash flow and earn rewards. However, all those benefits can come with hefty business credit card fees. Learning how to understand and navigate these fees can help avoid […]


Legal

Keeping Up with Federal Employment Law Regulations

March 26, 2024

Via: Small Business Trends

Federal regulations are intended to be an interpretation by administrative agencies of laws enacted by Congress. To say that regulations are out of control is an understatement. According to the 2023 Ten Thousand Commandments report, in the previous year, Congress […]


Management, Strategy & Planning

Resource Utilization: What It Is & A Simple Way To Calculate It

March 26, 2024

Via: The Digital Project Manager

Efficient resource utilization means knowing how much work is on each team member’s plate, and it’s crucial for businesses to stay competitive and profitable. The ideal utilization rate should be between 70 and 80%. Achieving this may seem complex, but […]


Management, Strategy & Planning

Business Metrics You Should Analyze Every Year

March 25, 2024

Via: CO

Ideally, your gross profit margin should be stable or growing. It indicates that your revenue is higher than your expenses. If your gross profit margin is negative or decreasing, it’s a sign that you should cut costs, try a new […]


Leadership & Career Development, Management

How to Start Your Own Car Transport Business

March 25, 2024

Via: Small Biz Club

What is car transportation? It’s the delivery of the owner’s car to an agreed location. Who might need this? Suppose a person arrived at a restaurant in his own car, drank heavily there, and is no longer able to drive […]


Marketing, Software and Tools

AI-Powered Marketing Automation: Streamlining Workflows for Efficiency

March 22, 2024

Via: Entrepreneur

In the age of information overload, businesses grapple with the challenge of managing and analyzing vast amounts of data to derive actionable insights. Welcome to the world of AI-powered marketing automation – where innovation meets optimization for unparalleled success in […]


Leadership & Career Development, Management

8 Things To Do After a Leadership Departure

March 21, 2024

Via: Small Business Trends

The departure of a key leader from an organization can feel like navigating a ship through uncharted waters. In these moments of transition, the steps taken by the remaining leadership and members can significantly influence the organization’s trajectory. Below, leaders […]


Management, Product Management

What is Inventory Shrinkage?

March 21, 2024

Via: Small Business Trends

Managing inventory is an essential part of business for distribution centers, manufacturing plants and retail outlets. Some challenges include cash flow management, storage, handling costs, and demand forecasting. Inventory shrinkage happens when products are lost between the manufacturer or supplier and […]


Finance

What is Invoice Financing and How Does it Work?

March 20, 2024

Via: Small Business Trends

Invoice financing, also known as accounts receivable financing, is a financial solution where businesses use their unpaid invoices as collateral to obtain immediate working capital from lenders or financing companies. Instead of waiting for customers to pay invoices, businesses can […]


Finance

Modernizing Insurance Underwriting Systems With Automation

March 20, 2024

Via: Small Biz Club

In today’s fast-paced commercial world, every organization is striving towards developing digitized, automated solutions to achieve greater efficiency, faster decision-making, and wider customer satisfaction concerning business procedures. Even the insurance industry has not remained immune from this digital wave of […]


Marketing, Marketing Strategy

The Top 10 Marketing Trends 

March 19, 2024

Via: Small Biz Club

In the ever-evolving landscape of marketing, staying ahead of the curve is crucial. As we move into 2024, several key trends are emerging, reshaping how small businesses connect with their audiences. Here are the top 10 trends to watch: 1. […]


Marketing, Software and Tools

9 Best Bookkeeping Software for Small-Business Owners

March 19, 2024

Via: Small Business Trends

In the fast-paced world of small business, keeping accurate and up-to-date financial records is not just a necessity; it’s the backbone of success. As the digital age continues to evolve, the tools and resources available to small business owners have […]


Marketing, Marketing Strategy

100 Email Marketing Statistics Every Business Should Know

March 19, 2024

Via: Small Business Trends

Email marketing is a powerful tool for businesses, allowing direct communication with customers and prospects. Understanding the impact of email campaigns is essential for shaping effective strategies. In this comprehensive article, we’ll explore 100 email marketing statistics that every business […]


Marketing, Marketing Strategy

Optimizing SEO: A Guide to Creating Internal Links in WordPress

March 18, 2024

Via: Small Biz Club

When it comes to navigating the vast landscape of the internet, internal links play a crucial role in guiding both users and search engines through the digital maze. These seemingly humble links hold the key to not just enhancing your […]


Finance

Mastercard Launches Open Banking Program

March 18, 2024

Via: Small Business Trends

Mastercard unveiled Open Banking for Account Opening program, marking a significant leap forward in the digital banking sector. This initiative is set to redefine the experience of opening digital accounts for U.S. consumers and small businesses, particularly for those involved […]


Finance

American Express Supporting Historic Restaurants Through Small Business Grants

March 15, 2024

Via: Small Business Trends

Businesses located in historic buildings often face unique challenges. But historic preservation is a goal for many communities. So American Express and its patterns are stepping up to support restaurants that are willing to preserve historic spaces in communities around […]


Marketing, Software and Tools

Email Compliance Guide: 5 Steps Small Businesses Can Take to Stay Secure

March 15, 2024

Via: Small Business Trends

Email is a vital communication resource that many small businesses rely on to send sensitive, confidential information inside and outside the organization. The prevalence of email as a business tool and the necessity for an email compliance guide underscore its […]


Finance

Bridge Investment: How Gangway Rounds Fuel Startup Success

March 14, 2024

Via: Small Business Trends

In the fast-paced world of startup finance, a bridge investment, commonly known as a bridge round, plays a crucial role for emerging companies seeking a modest amount of funding to reach their next major financing milestone. These rounds often come […]


Leadership & Career Development, Management

30 Black Entrepreneur Quotes to Inspire You

March 14, 2024

Via: Small Business Trends

Discover powerful black entrepreneur quotes at the start of your journey to becoming a successful black small business owner or entrepreneur. Within the African American community, inspiration is often cited as a key ingredient for success. Fortunately, there’s no shortage […]


Leadership & Career Development, Management

Unlocking Entrepreneurial Success: Five Insights From An Olympian

March 13, 2024

Via: Entrepreneur

It’s notably difficult for ex-professional sportspeople to transition into new lives or new careers post athletic success. Also, it’s important to remember that not every pro has earned Premier League salaries, or enjoyed the fruits of lucrative brand endorsements, or […]