FAQs on Small Businesses in 2023

FAQs on Small Businesses in 2023

Small Business Week 2023 runs from April 30 to May 6, so it’s a great time to be talking about small business. Often “small business” is a buzz word used by politicians and large corporations that want to look sympathetic to the challenges actually faced by self-employed individuals and small business owners. But it’s also a favorable status that can help businesses get a pie of the federal government’s procurement pie. The fact is: small businesses are statistically significant. The SBA’s Office of Advocacy released FAQs about small businesses. Note that the SBA usually defines small businesses as those with fewer than […]
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Recession Proofing Your Business Requires Inventory Management

Recession Proofing Your Business Requires Inventory Management

In the last couple of years, the biggest concern for inventory-based businesses has been supply chain disruptions. Now, the focus is on managing inventory in inflationary times with the threat of a recession looming. It’s already been reported that there’s an oversupply of cars, which likely will lead to price wars. What happens when there’s an oversupply? Less demand usually means lower prices. As quipped on PictureQuotes.com, “talk is cheap because supply exceeds demand.” While a recession is not a certainty but surely a strong possibility, what should you be doing now to ensure your inventory meets the Goldilocks standard—not too […]
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Google My Business Optimization Step by Step for 2023

Google My Business Optimization Step by Step for 2023

Are you struggling to stand out in the online world? You may have already claimed your Google My Business (GMB) profile, but it doesn’t seem to be generating the traction you were hoping for.  Unfortunately, having an incomplete or poorly optimized GMB profile can impede your online presence and significantly impact your
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Are You Properly Insured?

Are You Properly Insured?

Insurance coverage is a must for businesses that hope to survive the impact of storms, fires, and other dramatic, unexpected events. There are certain types of occurrences for which you may think you’re covered, but on closer examination find you’re lacking. Or, even if covered, the extent may not be sufficient. Think about the small businesses in East Palestine, Ohio, who were shut down when the train carrying toxic chemicals derailed there on February 3, 2023. Residents were evacuated and told not to return until February 8, 5 days later—when businesses also began to reopen. But small businesses suffered considerable […]
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Digital Marketing Vs. Traditional Marketing

Digital Marketing Vs. Traditional Marketing

Digital and traditional marketing are both equally viable in their own right. In today’s day and age, deciding which marketing strategy works best for your business is crucial. Choosing the wrong one can lead to wasted effort, money, and time. I’ve worked with both digital and traditional marketing in several successful business ventures throughout
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Benefits of Buying a Car Under an LLC

Benefits of Buying a Car Under an LLC

As a business owner, you may find yourself in the market for a new vehicle to use for your company. However, with so many options, it can be challenging to determine what type of vehicle will best serve your business’s needs while maximizing your investment. Enter in the LLC-owned car!
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Expiration of the COVID-19 Public Health Emergency and Your Business

Expiration of the COVID-19 Public Health Emergency and Your Business

May 11, 2023, marks the end of the public health emergency for COVID-19. Many businesses for months have been acting as if the pandemic was long since gone. But the official end to the public health emergency on May 11th, an emergency that lasted more than 3 years, can have some impact on your business and require that you take certain actions. FAQs prepared jointly by the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury give guidance to employers on what to do now with respect to certain activities. Group health plans Group health plans are […]
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Dare to Delegate: 5 Reasons Why Delegation Is Important in Business

Dare to Delegate: 5 Reasons Why Delegation Is Important in Business

Negosentro | Dare to Delegate: 5 Reasons Why Delegation Is Important in Business | You can have the best team, access to affordable but luxurious serviced offices, amazing clients, and a well-thought-out business plan, but that doesn’t guarantee you or your business will thrive.  Sometimes, we take everything on ourselves when we want a business […]
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