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Is a Recession Coming? How to Prepare Just in Case.

Despite numerous economic forecasts predicting a recession, the U.S. experienced steady job growth, higher wages, a strong stock market, and robust consumer spending, with expectations of continued economic strength and falling interest rates. However, small business owners are advised to prepare for potential recessions, learning from the resilience and preparedness developed during the COVID-19 pandemic, and focusing on industries like repair services, health and wellness, discount retail, education, food and beverage, and technology that have shown resilience in economic downturns.

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Understanding and Complying with the Federal Corporate Transparency Act

The newly enacted Corporate Transparency Act (CTA) calls for LLCs, corporations and other similar business entities to submit specific information about their owners to the Treasury Department. The CTA was created in an effort to prevent money laundering and other illicit activities. Read on to understand the CTA and what is required from small businesses to comply.

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My Loan Was Rejected. What’s Next?

People often struggle to secure loans, commonly due to issues like weak credit scores and lack of adequate collateral. Learn what to do if you find yourself in this situation.

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Cybersecurity for SMBs

From the democratization of artificial intelligence (AI) to large-scale data leaks, there was no shortage of news in the worlds of technology and cybersecurity throughout the first quarter of 2023. Read on for Trend Micro’s summary and to learn what businesses can do to protect themselves and their employees.

How to Train New Managers

If you want your new manager to succeed, they can’t operate in the dark. They must be prepared when employees ask questions or seek general guidance about company policies and procedures.

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How to Identify Your Ideal Customers

Who do you think your target market is? The best way to identify your ideal customers is to create a profile—a buyer or customer persona—a fictional representation of them. The key is to be as specific as possible.

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Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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