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Female entrepreneurs are inspiring. They take risks and persevere in the face of obstacles while supporting each other through mentorship, advice-sharing, and collaboration. By owning and operating their own small businesses, women can find a sense of personal fulfillment. They have control over their work-life, develop skills, and manage opportunities for further achievement. But beyond...
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The challenges small business owners face don’t just stop at Covid. In the current economic climate, costs are on a steady rise while revenues remain stagnant or fall even further. This is especially true for businesses that primarily serve local markets with limited options for diversifying their revenue streams. With prices of goods and services...
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Are you a business owner? Do you know the ins and outs of the financials of your business? Knowing your business inside and out ensures your company runs smoothly and can grow. If you are running a business, you will likely come across EBIT and EBITDA. These terms measure similar things, as they both refer...
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If you wanna create an environment for professional growth, you need to establish some basic ground rules. First, you need to be clear about what your goals are and what you expect from your employees. Secondly, you need to provide opportunities for your employees to learn and grow. Lastly, you need to create a positive...
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As a small business owner, you must understand the needs of your employees. By understanding their needs, you can create a workplace that is both productive and positive. There are many benefits to understanding your employees’ needs, including improved communication, increased productivity, and higher morale. By taking the time to learn about your employees’ needs,...
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As a small business owner, you may be wondering if your employee retention tax credit (ERTC) plan is working as effectively as it could be. Fortunately, there are ways to analyze the effectiveness of your ERTC plan and make changes as necessary. In this blog post, we’ll explore how to assess the effectiveness of your...
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Conflict is an inevitable part of running a business. How you manage conflict can determine whether your business thrives or just survives. Here are some techniques for effective conflict resolution management that will help you keep the peace and maintain a productive workplace. What Is Conflict Resolution Management? Conflict resolution management is the process of...
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When it comes to individual and small business financing, microloans are all the rage these days. From funding a start-up to helping with business growth expenses, microloans have many functions that make them an attractive option for borrowers. We are here to discuss everything you need to know about microloans. We will explain what is...
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Understanding the difference between a payment gateway vs. payment processor can be challenging. While they both can do the same functions, they are two different platforms for taking payments. Understanding the differences between the two and how they work together is essential, so we have broken them down for you.  What Is a Payment Processor?...
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You may have heard of CDFI loans, but you may not know what they are or how they can benefit your business. So, what is a CDFI loan? It is offered by Community Development Finance Institutions or CDFIs. They serve about 84% of low-income earning individuals, so the loans act as capital for existing businesses. ...
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