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With rising inflation causing significant price increases on goods and services, shopping for new suppliers has been top of mind for many small business owners. But cost isn’t the only factor you should consider while weighing your options. 

Whether you're a new entrepreneur searching for your first supplier or a seasoned business owner looking to make a switch, these factors should play a role in your decision. 

1. Stability 

The relationship you have with your supplier should be a reliable one. You want a supplier you can count on to get your products to you when you need them. It’s

As a leader at your organization, you have a responsibility to constantly achieve the goals you set for improving your company's bottom line. How do you go about this?

Traditionally, you might have a micromanager who overworks their employees and pushes them to meet incredibly unrealistic deadlines. Their mindset is progress over people, since it's the work that ultimately impacts the bottom line. In this sort of environment, competition between workers is encouraged, even if that competition looks less like a healthy, harmless rivalry and more like Roman gladiators battling it out in the

Every corporate leader stands to hone their interpersonal skills and become a better person by lending a simple hand to those in need.

Consider America’s corporate titans as examples. Microsoft co-founder Bill Gates created a foundation with his now ex-wife, Melinda, to improve public health and eradicate poverty worldwide. Warren Buffett gave $2.9 billion of his personal fortune to nonprofits just this year -- and plans to part with all but one percent of his wealth over the next few decades. Michael Bloomberg, the majority owner and co-founder of Bloomberg L.P., regularly supports complex

If you had to identify one hurdle preventing you from achieving your career goals, what would it be?

If you list productivity as a dominant weakness of yours, you have something in common with more than half the workforce. Over 50 percent of employees struggle with staying on task at work. Technology is partly to blame. All of these employees admit that their smartphones are a curse to their productivity. But then there's all the other factors that contribute to ineffectiveness: boredom, burnout, and lack of on-the-job training, just to name a few.

Productivity is such a shared struggle

When leaders focus on hiring candidates with diverse skill sets who know more about their specific field than even the leader might, the benefits for the organization and its employees multiply.

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Consumers and business owners alike are feeling the effects of inflation. These six simple changes can help your small business stay competitive.

It’s easy to fall into the trap of thinking that leaders are smarter, more charismatic, or somehow inherently better people. The truth, however, is that anybody can learn to become an incredible leader.

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If you’re looking for an off-the-beaten-path investment, the next question is this: How far off said path are you looking to venture?

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While it may be tempting to dip into your personal savings to see you through, doing so could lead to unwanted financial consequences.

As money gets more expensive to borrow, what can you do as a business owner to avoid getting caught off guard?

When you’re looking at a sizable 401(k) balance on the one hand and your need for capital on the other, it may be tempting to take a 401(k) loan to cover business expenses. But is it the right move?

Here’s how to utilize your brick-and-mortar store in a way that’ll bring forth more success than just relying on the standard combination of websites and social media apps.

Are you the smartest person in the room when you assemble your team together? If the answer is yes, you're not succeeding as a leader. 

What can you do if your company’s antiquated organizational structure is holding you back? Read more to find out.

Here’s how to decide which one is best for your business now and in the long run.

It's the old "chicken or egg" problem: Should you hire staff in anticipation of potential growth, or wait until the deals are actually signed?

Hyper-personalized CX is poised to make customers feel valued while simultaneously improving an organization’s bottom line.

Make sure your own salary isn’t actually the very last expense on your priority list. It’s important, and after all, you work hard to earn it.

Read on to learn more about what you can hand over (and what you can’t), how to stay in the loop, and when it’s time to make the decision.

Groceries and household supplies have gone up in price by 5%, your employees might be asking for a cost-of-living increase to offset increased expenses.

Here’s why every entrepreneur should consider consulting with a lawyer when starting a business.

Proper management can help you stay afloat as business gets slow during the off-season. Here’s how to navigate the ups and downs of a seasonal business.

While financial challenges are a fact of life, you can stay on track by keeping your eyes peeled for these seven common cash flow mistakes.

The life-changing effects of mentoring demonstrate how integral such positive, formative, and intimate professional relationships are in business.

There are many ways to ensure your business stays competitive in the job market amidst the push to increase the minimum wage.

Since a strong culture starts at the top, here are some ways CEOS can build more inclusive work environments.

Both types of hiring decisions come with pros and cons, and the right one for you depends on your unique business goals.

Will your startup need a COO? Chances are, the answer is yes -- it's just a matter of when.

Think You’re Ready to Franchise? Don’t Forget These 6 Important Details.

Those who head business development companies (BDCs) tend to try and predict the future. Is aligning with this company a safe bet? Will it grow and prosper to the degree we, and our investors, hope?

A lot of folks have the entrepreneurial spirit. Yet many never see it through because they don't know where to start. Here is a list of low-barrier to entry business ideas that can prove fruitful with the right plan.