YoungUpstarts
JANUARY 10, 2020
Running a small business can come with a slew of challenges. In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors).
YoungUpstarts
MAY 5, 2020
Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.
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ReadWriteStart
OCTOBER 12, 2022
The business environment began to change dramatically after the 2019 pandemic. PNAS surveyed 5,800 small businesses and found that 43% were temporarily closed. Since all enterprises wanted to survive in the Covid circumstances, they were looking for their own ways to hit customers and profits.
The Startup Magazine
MAY 30, 2022
It’s likely that you already know how expensive shipping can be for small businesses. In the early stages of your new e-commerce venture, the expense of various small business shipping choices can add up quickly. Hire Small Business-Friendly Companies. Image Source. Use Proper Shipping Materials.
YoungUpstarts
OCTOBER 6, 2020
Along with lack of oversight, outdated software or hardware, inadequate cybersecurity, or one bad tech investment could seal the demise of a small enterprise. In his new book, “Tech Debt 2.0 : How to Future Proof Your Small Business and Improve Your Tech Bottom Line” , senior global business and technology executive Michael C.
The Startup Magazine
JANUARY 19, 2025
For startups, cash flow isnt just a financial metricits the lifeline of the business. Yet, most small businesses fail due to poor cash flow management. Offer Early Payment Incentives Late payments from customers are one of the most common reasons startups struggle with cash flow.
YoungUpstarts
SEPTEMBER 23, 2020
An employee could get hurt while on the job, a client file a lawsuit, or a natural disaster could destroy your business premises and equipment. For these and many other reasons, it’s fundamental to protect your business. Small business insurance is a remarkable way to protect your business. To Cover Your Customers.
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