BetterSMB Best practices for small and mid-size businesses

Deciding if and when business financing is right for your business can be a tough decision.

The current supply chain inventory crisis has impacted small and midsize retail businesses (SMB) at a disproportionately higher rate than larger enterprises, according to Software Advice’s new SMB Retail Supply Chain Survey.

A group of small retailers are headed to Congress this week alongside the National Retail Federation (NRF) to talk about high credit card “swipe” fees and the impact it has on business and inflation.

As international tensions rise, the issue of cyberattacks — and by extension preventing such attacks — becomes critical.

For nearly all small business owners, business ownership is a labor of love. Yet running a business with your loved one can bring on additional challenges that may take out all the romance this Valentine’s Day. The challenges that face ...

Small business owners are struggling with an unprecedented set of challenges hurting their bottom line, according to new national survey.  The report released Monday by Goldman Sachs 10,000 Small Businesses Voices showed there is overwhelming support—82 percent of respondents–for the ...

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 ...

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 ...

Applicants for certain U.S. Small Business Administration loans are urged to submit applications ahead of a Dec. 31 deadline to ensure adequate processing time. The SBA is accepting COVID Economic Injury Disaster Loan program applications and Targeted Advance applications until Dec. 31. Those applications ...

Cash flow is critical to the success of a small business. Even more than profitability, cash flow is important because it allows a company to buy inventory, keep the lights on, and their employees paid. While small businesses continue to ...

52% of 1,385 small business owners across the U.S. and Canada say they were not impacted by COVID according to a study released today by Cargo and their research partner Phase 5. However, the study, which focuses on trends regarding technology devices ...

There are many challenges to running a business that owners must face including the countless tasks, roles and responsibilities that keep a business running smoothly. Higher on the list of concerns for business owners is cybersecurity that can put many businesses at risk. If a breach takes place and a hacker gains access to a business’s network, a great deal ...

The year 2020 was certainly a scramble for many businesses when the pivot to remote work seemed to happen virtually overnight. Thankfully, this quickly enabled companies to keep their operations going, and many discovered the added benefit of more productive ...

Many busy small businesses treat marketing and advertising as something they do when they have time, but relationship marketing in its truest incarnation is going to be a long game. The Small Business Association recommends 7-8% of revenue be spent ...