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Posted by on Sep 27, 2017 in Featured, Management | 0 comments

Growing Pains Most Ecommerce Businesses Experience

Growing Pains Most Ecommerce Businesses Experience

Despite its unprecedented growth, online retail still makes a relatively small portion of overall purchasing that people do. In other words, ecommerce has no other option but grow even more. And it is growing. New online stores are popping up everywhere you turn. Unfortunately for a large number of new ecommerce SMB owners, it turns out to be much more difficult than they thought. Most of them experience at least some of the growing pains that we will be talking about today and it is important to know about them. 1. The Boring Stuff Is Important If we were to be truly simplistic, running an ecommerce business involves two sides of the coin. On one, you have the exciting stuff such as coming out with new products, marketing them, battling competition and watching the money pour in. On the other, you have the boring background stuff such as legal, shipping, returns and website maintenance. As it turns out, this technical, infrastructure aspect of running an ecommerce store is equally...

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Posted by on Aug 23, 2017 in Featured, Management | 0 comments

3 Ways Coworking Saves Small Businesses Money

3 Ways Coworking Saves Small Businesses Money

Growing a small businesses can be difficult, especially when you’re running on limited cash. Unlike large corporations, who have billions of dollars in spending power, small businesses usually need to work around a modest budget. Every cent you save, even on the little things, matters a lot when you’re looking at the balance sheet at the end of the day. In order to save money, a lot of small businesses are moving away from the office and into coworking spaces like Common Desk. Here are some of the ways you can save money through coworking: No Rent And Overhead Expenses As rents continue to increase, small businesses are finding it harder and harder to afford space in the city. Many are forced to close up shop or move to the suburbs, away from their regular customers. In New York City, expensive rents are displacing local shops and retailers, which is why many of them are turning to coworking spaces as an alternative. Experts project that by 2020, there will...

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Posted by on Jul 24, 2017 in Featured, Management | 0 comments

Top Locations for New Businesses

Top Locations for New Businesses

A report from Thumbtack’s Small Business Friendliness Survey reveals the best places to start businesses in the United States. The website provides services to connect customers to local professionals. Thumbtack’s business owners range from a variety of industries, such as home improvement, weddings and events, and wellness. The results of the survey were based on responses from entrepreneurs, small local businesses and sole proprietors who use the site’s online marketing platform. This study has surveyed thousands of users since 2012 to assess concerns regarding policies as well as state and local governments. Thumbtack looked at a variety of factors to measure the ease for individuals to start new businesses in different states and cities. According to the survey, high-ranked cities are ideally low-cost and require fewer steps for startups to launch. A city’s resources and attitudes toward entrepreneurship and regulations also affected user ratings. Jon Lieber, Thumbtack’s chief economist, notes that southern states typically have a high-performance on the site’s annual survey. This could be due to their governments’...

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Posted by on Jul 24, 2017 in Featured, Management | 0 comments

Trumpcare May Not Be a Win for Small Businesses

Trumpcare May Not Be a Win for Small Businesses

With health care making up nearly twenty percent of our economy, Americans are following the GOP’s American Health Care Act (AHCA) closely. Small businesses have a lot at stake. In the May 8, 2017 Inc.com article “Trumpcare Could Hurt Small Businesses”, Erik Sherman outlines the issues entrepreneurs should be tracking as the AHCA winds its way through the legislative process. Since the May 4 House vote on the Trumpcare bill, a lot has happened. But one thing remains the same: the fate of the bill is in the hands of the Senate, and that legislative body remains determined to repeal and replace the Affordable Care Act (ACA), also known as Obamacare, this summer. Sherman’s advice to small businesses? Understand the bill, of course. But there are two main issues he believes entrepreneurs should have on their radar. Subsidies vs. Tax Credits When Obamacare became law, federal subsidies made premiums for individual policies issued on the exchanges more affordable than small business group policies. As a result, coverage for many...

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Posted by on Jul 24, 2017 in Featured, Management | 0 comments

Are Your Office Cleaning Products Making Your Business Unsafe?

Are Your Office Cleaning Products Making Your Business Unsafe?

It may sound crazy, but if you take a look under your sink, chances are you’ll find that the number to the poison control center is on every bottle. Many even seemingly harmless products advise that they only be used in well-ventilated rooms or while using masks and gloves. Sure, they may keep our homes and offices sparkling clean and may disinfect unwanted spills and stains, but to say that they’re safe for you or everyone in the premise is stretching the truth just a bit. Repercussions on Personal Health Most devastatingly, the toxicity of these products have a huge health repercussion for anyone who uses them or is around them. They lower indoor air quality while upping the indoor air pollution of your office space, if ingested, they’re poisonous, and can be very harmful when inhaled or even just touched! In just one year alone, cleaning products made up almost 10% of all toxic exposures that were reported to the Poison Control Center. Though not all cleaning products...

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Posted by on Jul 20, 2017 in Featured, Management | 0 comments

Do You Need Fleet Tracking for Your Small Business?

Do You Need Fleet Tracking for Your Small Business?

Fleet tracking is used by businesses to keep track of cars, vans, and any other vehicles used for deliveries and collections. Most basic systems for fleet tracking, also known as telematics, can find the location of the vehicle, with more expensive packages offering add-ons such as tracking the distance travelled and how long the driver has been behind the wheel. While small businesses may not want to part with more money on a fleet tracking system, the benefits offered can end up saving money in the long run. What does fleet tracking measure? Fleet tracking offers a small business the chance to see data that would otherwise be difficult to manually record. Most systems can track fuel consumption levels by recording idle times, breaking times, and checking whether the driver is in the wrong gear, which can all cause a vehicle to use more fuel than necessary. Knowing how to drive more economically can end up using less fuel, saving the business more money in the long run. But...

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