We’re likely to see more business owners utilize more remote methods to help streamline their operations, reduce costs, and expand their reach in the coming years. To reduce employee turnover, 16 percent of small business owners focus on improving retention efforts for their current employees, such as providing more opportunities for growth and development. This shows that many small business owners are committed to keeping their current employees satisfied and engaged. Nine percent of business owners are also increasing benefits and six percent are offer hiring bonuses as incentives to attract new hires. While finding candidates with sufficient work experience…
Tag: investment
Small Business Funding: Where to Find Your Next Investment
Our investments nurture business and industrial districts where entrepreneurs can thrive together, and build workforce development programs to connect entrepreneurs with qualified local talent. Joining the disabled veterans’ business program makes your business eligible to compete for the program’s set-aside contracts. You can still compete for contract awards under other socio-economic programs you qualify for. The government limits competition for certain contracts to women-owned small businesses (WOSB) in industries where WOSB are underrepresented. Some contracts are restricted further to economically disadvantaged women-owned small businesses (EDWOSB). If you’re looking to create a succession plan for business ownership or an exit strategy,…
Raising Capital for Small Businesses: Loan vs. Investment
Check if you have any special connections or if there is something only you can deliver to your community. Or do you simply want to be on the scientific side of it, probing the materials? Once you’ve got your place in the wholesale trade chain, focus on the equipment you will need so you can start offering your services in this small enterprise example. Analysis Rising Small Business Bankruptcies Are a Red Herring – The Washington Post Analysis Rising Small Business Bankruptcies Are a Red Herring. Posted: Tue, 31 Oct 2023 13:20:00 GMT [source] The travel industry is booming once…