Recessionary periods may be inevitable in cyclical economies, but that doesn’t mean small businesses have to become victims of the downturn. Here are some tips that will help ensure your company remains viable despite the challenging economy.
Author: Bill Fickling (TAP Partners) For companies in a growth mode, the upside to becoming a publicly-traded company can be significant: improved access to capital and increased liquidity, exposure, and credibility. But the journey to success on an exchange can be...
The ongoing pandemic has altered, perhaps permanently, what was already a shifting workplace landscape for employers and employees. Especially in service-driven industries, the number of individuals working from remote locations will continue to increase, and that requires a new approach to identifying the best fit for your company.
A business budget is like a scoreboard at a sporting event in that it lets you know in real time what your status is. It also lets you plan for the future, knowing when you’re hitting your targets or whether adjustments in strategy are required, and demonstrates longtime viability, which is crucial if you’re seeking investment dollars.
Where it was once understood that employees would spend their working hours in an office or some other employer-designated physical space, COVID-19 required a shift to off-site locations, often in the individual’s home, with the Internet connecting co-workers. Now that your teams have worked in both situations, which is the right workplace choice for your business moving forward?
The struggle for small businesses to attain funding is real, a situation that’s even more difficult for female and/or minority-owned companies. But there are resources available to help overcome obstacles, you just have to know where to look.