Lack of cash flow and planning are two primary reasons businesses fail. You can avoid this fate by researching your setup costs, planning how to operate your company, and keeping track of your operating expenses—all before you open your doors.
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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.
Learn how to translate military terms into civilian language to win customers for your veteran-owned company.
Discover budget-friendly strategies and resources for small business growth and success. Get access to funding, expert advice, training, community and more.
From the U.S. Hispanic Chamber of Commerce to the Latino Business Action Network, here are key resources for Hispanic entrepreneurs.
Asian-owned businesses are big contributors to the U.S. economy. They make up the largest share of minority-owned employer businesses in the U.S., employing 5.2 million people and generating $841 billion in revenue per year—those are inspiring statistics.
Entrepreneurship can be a great opportunity for Asian Americans, Native Hawaiians, and Pacific Islanders (AANHPIs, sometimes referred to as AAPIs). Entrepreneurship also has its challenges. In The State of AAPI Small Business Owners report by Hello Alice, 33 percent of the Asian small business owners surveyed said their number one challenge
For AANHPI entrepreneurs who want to start a restaurant, this is a good time. The National Restaurant Association expects restaurant revenue to reach $997 billion this year. Download this eGuide for steps and resources.
Every small business owner should conduct a SWOT analysis at least twice yearly to assess their Strengths, Weaknesses, Opportunities and Threats compared to their competition, markets and industry.
If like many successful women leaders, you’re excited to grow your network, but aren’t sure where to get started, check out these networking resources.
Besides cost concerns, answer these questions before you put down a deposit on the best location for your small business.
Here are 26 of Rieva Lesonsky’s favorite online resources for women entrepreneurs.
Is customer demand enough to expand your business? Before you run out to lease another property, follow these 6 tips to see if you’re ready.
