BetterSMB Best practices for small and mid-size businesses

A surge in new business formation suggests that the coronavirus pandemic has created a landscape in which entrepreneurs and startups can thrive and new innovations can break ground. “This time has been really fertile. We’ve seen a huge increase in ...

The holiday season is nearly over, but most retailers haven’t slowed down yet. Shoppers that were on the hunt for the perfect gift a week ago are now contending with the gifts they received—returning them, exchanging them, or spending them. ...

The Omicron variant of the coronavirus may throw a wrench in the recent commercial real estate recovery, and landlords may need to extend temporary measures to fill empty spaces, reports the New York Times. Already, visits to some businesses, like ...

Small business owners who have faced unprecedented challenges during the pandemic are being confronted by rising threats from an old foe – shoplifters. A new survey shows that up to 89% of small business owners are experiencing an increase in ...

We all know that in the past two years, the only constant for small business owners has been change. Thousands of businesses changed their business model at the onset of the pandemic, introducing new products or services and embracing new ...

Today, the Small Business & Entrepreneurship Council (SBE Council) and the United States Hispanic Chamber of Commerce (USHCC) released poll results examining top policy concerns among the small business community and highlighting the need for Congress to prioritize policies that aid economic ...

WASHINGTON – Sen. John Kennedy (R-La.) today introduced the Small Business Mergers, Acquisitions, Sales and Brokerage Simplification Act to help small business owners access the services of small business merger and acquisition (M&A) brokers. M&A brokers assist small business owners who want to ...

One of the tools that every small business needs but still so many lack is a CRM system (a customer relationship management system). Too much of the critical customer information still exists in the owner’s head or the mind of their salespeople. ...

When December rolls around, I think about all the end-of-year things to do in my small business. Yes, I know, I should be dreaming of Santa and sleighs, holidays and hot chocolate, but I’m thinking about how to make or ...

The net percentage of small-business owners raising selling prices increased by six points to a net 59%, a 42-year record, according to the National Federation of Independent Business’ Small Business Economic Trends report.  The report showed small-business owners expecting better ...

Faced with persistent worker shortages, retailers, along with other employers, are turning to teens to fill the gap, much as they did over the summer, according to a Nov. 25 article in USA Today. Many businesses are tapping teenagers because ...

Consumers are expected to spend an average of $1,000 on holiday gifts this year, and most of the people shopping aren’t hoping for traditional presents. The National Retail Federation (NRF) reports that 56% of consumers would prefer to receive gift cards in their stockings. They’re on more holiday wish lists than electronics, clothing or jewelry. For some companies, ...

Today, more than any time in history, effective and business-centric IT is critical to success in a competitive, customer-centric market — no matter the industry. Small and midmarket firms need to keep pace with their larger competitors to stay relevant. The challenge for many ...

While the recently passed Infrastructure Investment and Jobs Act primarily addresses infrastructure-related issues, it includes several tax provisions affecting individuals and small business taxpayers. Let’s take a look: INDIVIDUALS Cryptocurrency Reporting. Cryptocurrency reporting requirements are expanded to stem underreporting of cryptocurrency ...

Over the past two years, businesses have rapidly implemented new digital solutions to stay ahead of the curve and compete effectively in the online marketplace. Going into 2022, that trend only appears likely to continue. One of the best things ...