BetterSMB Best practices for small and mid-size businesses

A new report by Biz2Credit reveals that among small businesses who took Paycheck Protection Program (PPP) loans those in finance and retail had done well in recovering from the effects of the pandemic. According to Biz2Credit Recovery Ranking for 2021 report businesses engaged in ...

With spiraling prices weighing on Main Street, more mom-and-pop businesses are making the difficult decision to pass their cost increases along to customers, even as they fret that customers will defect to big retail chains where they can find lower ...

There comes a time in every company’s life when they must expand and take on additional challenges in order to continue growing. While it can be scary, expanding your business can open up new opportunities and help you generate more ...

From the second half of 2020 through May 2021, the Census Bureau tracked the highest number of applications to form businesses since the records started being kept in 2004, a recent report from the National Bureau of Economic Research found. ...

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.07% in October, which is a significant jump from the mildly positive report in September. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have ...

If “location, location, location” are the first three rules of real estate, the first three rules of small business money management are “cash, cash, cash.” And if managing cash flow is important any time of year, it’s even more challenging ...

Independent retailers are getting squeezed out as suppliers, factories and freight companies prioritize national brands. In many cases, they’re losing out to giants like Walmart and Amazon, which are spending millions to charter their own ships and planes to move ...

In March 2020, with the onset of the COVID-19 pandemic, Dice City Games (https://www.facebook.com/dicecity), a local gaming store in Wheaton, Maryland, was forced to shut down and almost entirely revamp its business model. The store had opened its doors in ...

As communities expand, so do eminent domain cases – and the trend is causing big problems for small businesses. Simply put, eminent domain is the right of a government to require the compulsory sale, or in extreme cases expropriation, of ...

Women and minority business owners have historically had difficulty accessing capital. So there are now some grant opportunities aimed at addressing that inequality. Some are open to businesses nationwide. And others are focused on specific communities or educational initiatives. Here ...

Customer relationship management (CRM) software is no longer exclusive to enterprise-level businesses. Over the years, products have evolved to meet the needs of small- and medium-sized businesses, allowing them to increase sales, drive growth and provide exceptional customer experiences. In ...

Large companies see the benefits of giving small businesses a helping hand, but sometimes what they offer isn’t what entrepreneurs are looking for. Take a trip to your local Lowe’s or head to the home improvement retailer’s e-commerce site and ...

If there’s one thing that stresses small business owners out, it’s accounting. But the irony is that accounting is actually very simple…when it’s done properly. If you can simplify your approach and develop the right system for your business, accounting ...

The supply chain issues the U.S. economy is currently facing are not only affecting consumers during the peak shopping season, but small businesses have also started to feel the effects of these shortages. According to the most recent U.S. Census Small Business Pulse Survey, ...

An emergency relief program hastily rolled out in the early days of the pandemic had such poor fraud protections that it improperly doled out nearly $4.5 billion to self-employed people who said they had additional workers — even those who ...