for Small Businesses
with Big Ideas
A trusted ally in critical times, TAP’s financial expertise and decades of collective experience make it a difference-maker for small and medium-sized businesses, no matter the assignment or mandate.
Innovative Financing Solutions
Purchase Order & Supply Chain Financing
Positioning to Maximize Potential
Customized Solutions to Problematic Situations
TAP Financial Partners had its origins in the desire to fill a void for small and medium-sized companies that traditionally didn’t have access to firms with the expertise, experience, and resources to help them to realize their business potential.
The quest to make a difference for companies at all stages in their history continues to drive the senior-level pros that created TAP, a privately-held, boutique merchant bank that offers client-centric advisory, restructuring, and fundraising services to a select group of clients and affiliates. With Tap Financial Partners, you’ll have the resources to succeed.
10 Biggest Challenges Faced by Small Businesses
One of the many risks a business faces is customer concentration. In general, if a large customer represents more than 10% of revenues, the business is exposed to customer concentration risk.
You can do a lot, but you can’t do it all or hire all the people you need at critical times in your development. It’s that plain and simple. Do I need, can I afford and should I bring on outsiders to assist?
Effectively sourcing, hiring, and keeping employees in today’s dynamic labor market is challenging to say the least. But that doesn’t mean it’s impossible.
Here’s how your small business can attract and retain top talent, now and in the future.
Technology can do wonders for small businesses. It can streamline processes, increase productivity, and boost output. With the right tech, you can complete more tasks and achieve objectives in less time.
That, however, doesn’t mean the process of implementing new resources will be smooth or easy. Here’s some challenges your small business may have to overcome on its way to greater efficiency.
Being the owner of a small business is not unlike being the captain of a ship. While not every storm beyond the horizon can be anticipated, the smart leader still prepares while the waters are calm.
It’s a difficult time to be a business owner, with readily available capital scarce and the supply chain unpredictable. But challenges can also present opportunities for those able to adapt.