Worrying about the economy and my small business in a recession
Are you asking yourself these questions: Are we in a recession? What will a recession feel like for my small …
Does my business need an employee handbook?
Small business owners have several things to consider when hiring employees. There are multiple forms, tax obligations, and insurances that …
9 Challenges Small Businesses are Facing
Owning your own business can be rewarding but there are many challenges that you need to overcome. The best thing …
Recent Changes to SAM
There have been some big changes to SAM in the past few months. In April, the DUNS number was dropped …
Developing a Customer Service Strategy
A customer service strategy is a thorough plan to handle customer interactions. It lets you provide a consistent customer experience. Improved …
What financial statements do I need?
As a small business consultant, I am frequently asked what are financial statements and which ones do I need? It …
UMW Eagle Innovation Business Pitch Competition awards $3,500 to student entrepreneurs
Congratulations are in order for the three student entrepreneurs selected to receive seed capital for their businesses and business ideas …
Top Technology Choices for a Small Business
Trying to keep up with continuously changing technology can be difficult. I am always looking for solutions to improve my …
Should I hire family members to work for me?
As a small business consultant, I occasionally get asked, “Should I hire family members to work for me?” When you …
Exit Strategy: What is your plan for your business?
As a business consultant, most of my conversations with small business owners are both exciting and stress-inducing. Most small business …
6 Potential Challenges When Running a Small Business
Running a small business is not a walk in the park. When I started my staffing agency five years ago, I truly had no idea what I was getting myself into. Certainly, I anticipated demanding …
5 Steps to Determine your Market Potential
Market potential is a crucial element in the business planning process. It will help you estimate the amount of money …