(This article originally appeared in the Philadelphia Inquirer)
Now that the economy is recovering, there’s a new crisis to confront: getting inventory to meet higher demand.
Most industries are facing supply chain challenges and the reasons go far beyond 2020′s pandemic. According to a 2021 study from logistics consulting firm GEP Worldwide, supply chains globally have not only been disrupted by the pandemic, but also impacted by other factors such as cyber-attacks, commodity prices, tougher environmental regulations, and trade disputes.
“The problem is massive and truly global,” says Brian Glick, the founder and owner of Chain.io, a Philadelphia-based supply chain…
(This story originally appeared on The Hill)
The Biden administration is creating many opportunities for small businesses this year. Thanks to the government’s multi-trillion-dollar stimulus programs, there’s a plentitude of grants, loans and funding relief options for restaurants, movie theaters, retailers and other businesses impacted by the pandemic. There are spending programs — both established and planned — for infrastructure and social services that could result in profitable government projects. There are tax credits, subsidized training and assistance programs to help small businesses recover from the 2020 recession.
But thanks to Washington, there’s also something else that’s driving the growth…
When faced with life’s emergencies, there are few qualities that will serve you better as a small business owner than a strong mindset. A strong mindset not only allows you to keep your composure in the midst of a crisis, but it also gives you the determination you need to reach your goal. So, what’s the secret to maintaining such a powerful outlook? In this episode, Jon Aidukonis and Gene Marks along with Small Business Silver Lining Founder and CEO, Carissa Reiniger, offer strategies that will enable small business owners to keep a strong mindset even in the direst of circumstances.
Listen to the episode here.
Energy efficiency has long been a topic of conversation. Couple that with how the current COVID-19 pandemic has brought the importance of air quality within a building, there’s a lot for business owners to think about. Listen in as Gene Marks talks with Wade Conlan, Commissioning and Energy Discipline Manager at Hanson Professional Services, Inc, about creating a safe physical working environment for your employees. Hear what Wade has to say about getting the most out of your current systems and processes, the future of touchless building design, how business owners can actually save money by being energy efficient, and much more.
I think I’ve found customer relationship management software that actually solves a big problem for many of my clients: integration.
That software is called GreenRope and I learned about it from a great interview between small business technology expert Laurie McCabe and Lars Helgeson, the company’s founder and CEO.
As I first read Laurie’s recap of their conversation, I initially thought that Helgeson’s description of his platform wasn’t that much different than what other CEOs say about their CRM products. It does it all. It’ll increase sales. …
(This article originally appeared in Forbes)
Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
1 -Instagram is working on creator shops and a ‘branded content marketplace’ for influencers.
Instagram is in the process of developing a new suite of features and tools to assist influencers in making money off of the social media platform. Some of the tools include a “branded content marketplace” and creator shops. Creator shops are being developed as an extension of Instagram’s current shopping features, where businesses are already permitted to sell products…
(This article originally appeared in The Guardian)
As employers — especially small employers — are struggling to bring back workers to their jobs, a relatively new benefit is becoming more attractive: on-demand pay.
Yes, that’s right: an employee gets paid on the day the work is performed. Think about it: your babysitter already gets paid right away, and so does the high-school kid who mows your lawn. So why not your employees?
The appetite for this benefit is growing. According to an October 2019 survey of 1,180 American adults by the Workforce Institute at Kronos, a whopping 61% of employees…
During periods of economic downturn, it’s very easy for small business owners to get trapped in survival mode, where they are willing to do anything in order to keep their business afloat. But while there will inevitably be some sacrifices that you’ll need to make during these challenging times, they should never come at the expense of your core values. In this episode, John Aidukonis and Gene Marks along with Luke’s Lobster founder, Luke Holden, discuss the importance of core values and how small business owners can uphold them even in the midst of an economic crisis.
Listen to the episode here.
What many people don’t realize about small businesses is that there are millions of them — 30 million actually — according to the Small Business Administration of which 6 million have employees. The media likes to show “Main Street” shop owners and restaurateurs as what’s typical. But it’s not.
What many people also don’t understand is that a great number of these businesses are owned by more than one person and are not on Main Street. They are family businesses or partnerships or joint ventures and they’re located in corporate centers and industrial parks near airports. …
Opinions expressed by Entrepreneur contributors are their own.
(This article originally appeared in Entrepreneur)
Meet Lilly Bumpus.
Lilly is 8 years old. And she’s sold more than 32,000 boxes of Thin Mints, Caramel deLites, Do-si-dos and S’mores this year. No, this is not a joke. Lilly holds the single season record for selling Girl Scout cookies. Did I forget to mention she’s 8 years old?
“She sold her freaking heart out till the last day of Girl Scout cookie season,” Lilly’s mom, Trish Bauer, told Mercury News. “It’s Lilly being Lilly. …
Columnist on smallbiz, economy, public policy, tech for The Guardian, The Hill, Philly Inquirer, Wash Times, Forbes, Entrepreneur. Small Business owner and CPA