Small Business Trends


 

25 Profitable Projects for your Welding Business

Welding is a skill that you need to perfect over time with lots of practice. There’s no reason why you can’t combine it with creativity to make some money with these 25 profitable welding projects. Profitable Welding Projects TV Trays This is a real blast from the past and something that harkens back to frozen TV dinners. That’s why even though the project is called TV tray dinner, you can use it for a side table. One of the best things about this project is it’s easy for beginners because ...
Tags: Sales, Arbor, Handmade Business, Fireguards Keeping


A Manager’s Guide To Effective Meetings

Sponsored Post As a manager, it’s important to maintain communication with your employees. Though it may be tempting to fire off an email every time you have news to share, there are certain advantages that come from conducting staff meetings. Meetings help build company culture by bringing teams together to share ideas and questions, and they give employees time to be heard. There are two types of meetings — one-on-one and staff — that keep the channels of communication between managers and em...
Tags: Amazon, Sponsored, Sales, Startup, Bureau of Labor Statistics, Jeff Bezos, Bba, UWA, University of West Alabama, Small Business Guide to Effective Team Management, University of West Alabama Online


Types of Crowdfunding for your Small Business

Crowdfunding has become a viable form for funding a venture, project, cause, event and much more. For small businesses looking to bypass traditional sources of financing such as bank loans, angel investing or venture capital, it is now a great option. If you’ve been thinking about starting a campaign, it is important to note there are different types of crowdfunding. And this doesn’t mean the platform or portal such as Kickstarter, Indiegogo and others. The confusion stems from clumping crowdfu...
Tags: Crowdfunding, Sales, Startup, Kickstarter, SEC, Small Business Loan, Kickstarter Indiegogo


Thinking about a Customer Review Strategy? Here are 9 Ways to Make the Most of One

When customers speak, brands listen. That’s the baseline for doing business in a customer-centric economy. That’s why you just can’t emphasize the importance of customer reviews! Customer reviews have come a long way from simple word-of-mouth recommendations to published online assessments dissecting your product. Through social media and customer review sites, customers easily share their best and worst experiences about a brand. Thus, giving them a permanent and powerful voice in the creation...
Tags: Google, Amazon, Facebook, Sales, Linkedin, Tripadvisor, Better Business Bureau, Google Facebook, Marketing Tips, DepositPhotos, Publisher Channel Content, Nextiva, Amazon Customer Reviews, Customer Community, Northwestern University s Spiegel Research Center, Let Customer Reviews


Apply These 5 Secrets for Getting a Loan and Surviving in a Bear Market

Finding a loan is an important part of getting up and running or staying on track through the ups and downs of owning a small business. Well over half of entrepreneurs recently reported they weren’t sure they had enough cash to even start their businesses. Small Business Trends got in touch with Krista Morgan, CEO and co-founder of P2Binvestor , to find out if and how small business can get a loan in a bear market. She started by defining the term for us via email. “In a bear market, banks b...
Tags: Sales, Small Business Loans, Morgan, SMB, Small Business Administration SBA, Krista Morgan


What is a Good Profit Margin for Your Business?

Like the name suggests, a profit margin is the money you make in your small business after you’ve divided sales by all your costs. Small Business Trends got in touch with some experts in different industries who narrowed down what the numbers might look like for your company. Michael Philippou has a business blog at My Startup Friend.  He narrowed down what a good profit margin should look like in a familiar small business startup. “I operate in the restaurant industry and can tell you that any...
Tags: Microsoft, Sales, Cisco, Philippines, Nyu, Small Business Operations, Singson, Michael Philippou, Karla Singson, Dave Hermansen


House Passes Bill Aimed at Getting Small Business Better Shot at Federal Contracts

As a small business, you might’ve tried to get a federal contract at some point. If you have, you know the process can be burdensome, complicated and full of obstacles, which is putting it mildly. To overcome some of these challenges, two bills (H.R. 226 and H.R. 227) introduced by newly appointed Chairwoman of the House Committee on Small Business for the 116th Congress, Representative Nydia M. Velázquez (D-New York) were just passed by the House of Representatives. Small Business Federal Con...
Tags: New York, Sales, House, Announcements, Velázquez, Federal contracts, Nydia M VelAzquez, House of Representatives Small Business Federal


3 Legal Challenges Your Small Business Might Face

Small business owners deal with many challenges. They work tirelessly to grow their companies while fending off potential threats. However, many neglect to take the steps to protect their businesses before they take off. Small Business Threats While there are several factors that could hurt your company, there are some that are the most commonly-neglected. This post will give you three of the most frequent threats that entrepreneurs deal with, and how to mitigate the impact of these threats. ...
Tags: Sales, Management, Library Of Congress, LLC, United States Patent and Trademark Office


Master the Art of Social Media Marketing by Joining These 17 Facebook Groups

Social media marketers are in a state of constant flux. Our strategies are constantly changing as algorithms shift and platforms emerge. One of my best secrets for staying up-to-speed is connecting with other social media marketers. When you’re part of a community of like-minded individuals striving toward the same goals, you’re able to learn with and from your peers. Facebook groups are one of the simplest ways to get connected. I’m a member of several marketing-focused Facebook groups. (I’m s...
Tags: Facebook, Usa, Sales, Social Media, Facebook Messenger, Kate, Facebook Groups, Fast Company, Josh, Mandy, Russell Brunson, Andrew Warner, DepositPhotos, Publisher Channel Content, Andrea You, Andrea Vahl


Could You Turn Down a $2.5B Partnership With Coca Cola – and Would You?

I think we can all agree that it’s a lot of money. Could you turn down a $2.5B partnership with Coca-Cola for your business? Furthermore, why would you? This is exactly what Harvard trained Phuong Tran, the deputy CEO of the THP Beverage Group, a leading beverage company in Vietnam did with her father. The THP Beverage Group Story I interviewed Phuong Tran this week who’s family turned down this offer to partner with Coca-Cola to produce their quality healthy drinks. She says they were initia...
Tags: Asia, Interviews, Russia, US, Sales, Harvard, Thailand, Cambodia, Vietnam, Coca Cola, Asia Australia, Phuong, Vietnam Laos, DepositPhotos, Energy Drink, THP Beverage Group


Peer to Peer Loans: What are They and When can Small Businesses Use Them

Peer to peer lending has gained popularity in recent years since banks have cut down on loans to small businesses. In its most basic sense, peer to peer lending is a type of loan that takes place between individuals and organizations without any involvement from traditional banks. However, there are a few similar concepts like crowdfunding and online lending that are also becoming more prevalent in the small business space. While these do share some similarities with peer to peer lending, there...
Tags: Sales, Startup, Kickstarter, What Is, Grameen


Don’t Waste Time! 5 Ways to Improve your Business this Year

The new year is always a great time to get organized and work on your business. All the holiday excitement and stress is behind you. The kids are back in school. And you’re energized and motivated to make this your business’ best year ever.   You’ve probably thought about your marketing plan, long-term strategic vision, and maybe tax strategies, but what about the legal foundation for your company? Are there any loose ends to tie up as you move into a new year? Don’t let any minor administrati...
Tags: Sales, Management, State, Don, LLC, Don t Waste Time, Renew Business Licenses


60% of Small Business Owners Say They Will See An increase In 2019

A survey carried out by QuickBridge has revealed small business owners are optimistic about the coming year. A majority or 59.9% said they will see an increase in 2019. The QuickBridge Small Business Owners Survey looked to gauge the view of owners across a range of topics in the US. This includes the economy, performance, sales, taxes, staffing, financing and more. The questions in the survey are issues small businesses owners have to deal with year in and year out. The result gives owners ins...
Tags: US, Sales, Small Business Operations, QuickBridge, Small Business Owners Say, QuickBridge Small Business Owners Survey


Join Small Business Trends Founder Anita Campbell for this Upcoming LinkedIn Webinar

What is one of the biggest challenges small businesses are facing in a tight labor market? Finding qualified talent. A new webinar from LinkedIn titled, “How to Tackle Top Small Business Hiring Challenges” looks to provide insights into attracting and hiring top talent. Small Business Trends Founder and CEO Anita Campbell and Alice Bredin of Bredin, Inc. will be sharing their experience and discussing ways to recruit candidates and plan for long-term success. They will be addressing, tips for a...
Tags: Boston, Sales, Linkedin, Atlanta, Chicago, Brooklyn, Nashville, Las Vegas, SAN JOSE Calif, Dallas Texas, Oakland Calif, San Diego Calif, INS, Sunnyvale Calif, JOHANNESBURG South Africa, San Francisco Calif


10 Ways to Evolve Your Marketing Strategy as Your Business Grows

Your marketing plan shouldn’t stay stagnant for years and years. You need to adapt to new trends, learn from mistakes and take advantage of new technology tools and platforms if you want to be successful over a long period of time. To learn more about evolving your marketing strategy, here are some recent tips and insights from members of the online small business community. Avoid These Marketing Mistakes You’ll inevitably make plenty of mistakes while marketing your small business. But it is...
Tags: Sales, Neil Patel, Content Marketing Institute, Ann Smarty, Thorin, Marketing Tips, Rachel Strella, Strella Social Media, Instagram Stories Instagram, Dennis Shiao, Get Ready for These Marketing Changes, Jon Kroopf, Caitlin Burgess Urge Landing Page Visitors, Sezgin Hergul Build Traffic, Renu Sharma


Prices Ending in .99 Help Online Merchants Sell More, Study Finds

As a business, how you price the products and services you offer will in great part dictate the long-term success of your company. The simple act of pricing something with .00 or .99 can have a considerable impact on the purchasing decision of your customers. A new report from Stripe titled “The Effect of left-digit bias” looks at how merchants may be leaving money on the table because of the wrong online pricing strategy. As a matter of fact, 70% of the merchants in the report were possibly gu...
Tags: US, Sales, Stripe, Eli Ginzberg, Ginzberg


Bryan Manning of Two Blind Brothers: Before It was a Business, It was a Mission

Earlier this week, Facebook launched their 3.5 Degrees podcast focused on sharing stories of entrepreneurs building successful businesses and giving them an opportunity to have conversations with well-known successful business people in their industries.  It’s a really great idea and very well executed way of storytelling that is both entertaining and informative. The inaugural podcast features Bryan and Bradford Manning of Two Blind Brothers, who created their T-shirt business from the start t...
Tags: Facebook, New York, Interviews, Sales, Bradford, TOMS, TOMS Shoes, Bryan, Blake, Brad, Angela, BRIANNA, Courtney, Stargardt, Bloomingdales, Blake Mycoskie


Small Businesses Add 89,000 Jobs But Minimum Wage Issues Loom

It’s another week where, on one hand, things look good for small business across the country. And then … There’s that other hand. In the last week, we reported that small businesses and franchise businesses were each busy at the end of 2018 filling open jobs. That’s great. In total, according to ADP, it was more than 118,000 jobs between the two. The 89,000 jobs added by small businesses in December, alone, was a record for this particular report. But are we on the cusp of seeing some negative ...
Tags: Amazon, Facebook, New York City, Sales, United States, South Dakota, States, Lenovo, ADP, Mastercard, The Supreme Court, AT T, United States Supreme Court, DepositPhotos, Small Business News, Wayfair Inc


You Remind Me of a Young … No, That’s Somebody Else

“You remind me of a young me” is a not uncommon cliche. I don’t know who started it, but although I suppose it’s meant as a compliment, it’s always struck me as just really narcissistic. There’s a lot of funny ways to go with that but for this one I like the approach that he’s got the wrong guy. And how awful that would be. Sometimes I feel sorry for my characters and what I put them through. This is one of those times. This article, "You Remind Me of a Young … No, That’s Somebody Else" was fir...
Tags: Sales, Humor


Despite AI, Human Effort Remains Important in Business, LinkedIn Report Says

The LinkedIn 2018 Emerging Jobs Report says artificial intelligence (AI) is here to stay. However, it also states basic business functions are surging, adding technology can’t replace the power of humans. This LinkedIn report is put together so professionals and businesses in the US can take a peek at the jobs and skills which are growing the most rapidly. Additionally, the report analyzes the roles which have emerged over the last five years and the skills associated with them to determine whi...
Tags: US, Employment, Sales, Linkedin


Is Talus Payments a Fit for Your Small Business?

Small business fintech payment solution provider Talus has recently made another acquisition totaling three in the payment technology space over the last 18 months. The move positions them to be an industry force in that service for small businesses while gaining a foothold in the Healthcare, Hospitality and Non-Profit arenas. The company reported the acquisition of Scottsdale-based Prolific Business Solutions in the middle of September. They’ve also committed $250 million to further acquisitio...
Tags: Apple, Finance, Sales, Dallas, Fintech, Scottsdale, Scott, Scott Cruickshank, Prolific Business Solutions, Alvarez Marsal Capital Partners AMCP, Mike Odrich, Healthcare Hospitality, Payment Solutions Research Small


Improve Your Accounting by Using SKU Numbers

Your accounting and financial tracking are vital to the overall health of your business. Yet, it’s intimidating to calculate the sheer number of variables that play a role in determining your finances. Everything from the bankers you work with to the employees you hire affects profitability. And, the tiniest accounting error can significantly impact your numbers. Developing and regularly using SKU numbers is one of the greatest tools your small business or side hustle can leverage to improve ac...
Tags: Finance, Sales, Customer Service, Don, UPC, GRC, Publisher Channel Content, Avoid Using Manufacturer Numbers To


15 Best Frozen Yogurt Franchise Opportunities

The global frozen yogurt market is valued at about $1.4 billion and is expected to continue its recent growth. Since it’s often viewed as a healthier alternative to ice cream, these businesses can appeal to a wide variety of potential customers. Frozen Yogurt Franchise Opportunities If you’re interested in breaking into this business, here are some frozen yogurt franchises to consider. Pinkberry Pinkberry is a fairly recognizable frozen yogurt brand, with more than 150 locations around the...
Tags: Washington, Sales, Chicago, New England, Puerto Rico, Franchise, Menchie, Rocky Mountain Chocolate Factory, Reis Irvy, Pinkberry Pinkberry, FroyoWorld Started in Connecticut FroyoWorld, TCBY TCBY, Yogurt Mountain Yogurt Mountain, U Swirl U Swirl, Yogurtland Yogurtland, Red Mango Red Mango


9 Tools for More Effective Content Marketing Campaigns in 2019

Content marketing is overwhelming: There’s a ton of content to create and amplify, a lot of trends to keep in mind and a lot of tools to try. Content marketing is one of the fastest moving industries. These days a digital marketer has to balance social, content, email, and other inbound marketing tactics. Content Tools Here are 9 content tools to help. 1. Plan Your Content with CoSchedule CoSchedule is a platform I have been using for a long time, and I love it. It makes planning content an...
Tags: Google, Sales, Hootsuite, Buzzsumo, Marketing Tips, Cyfe, Mailchimp Mailchimp, Visme, TextOptimizer TextOptimizer, TextOptimizer, Manage Social Media Updates


Lenovo Introduces ThinkPad L390 and L390 Yoga Laptops with Business Users in Mind

When a PC manufacturer announces business laptops starting under $1,000 it will get the attention of small business owners. If the manufacturer is Lenovo and the laptop includes the ThinkPad line, their ear perks up even more. Lenovo says the ThinkPad L390 and L390 Yoga have been updated to give small business a reliable and durable device which is also affordable. The update includes Intel’s latest Whiskey Lake 8th-gen processors, which will be a first for the ThinkPad L-series of laptops. Sta...
Tags: Sales, Intel, Usb, Lenovo, Technology Trends, Whiskey Lake, Intel Core Whiskey Lake Core


What is Cash Flow and Why is it Important for Small Business?

Think of cash flow as the blood running through the arteries of your small business. You use it to do those important things that keeps everything moving like buying stock, covering expenses and paying staff. Small Business Trends contacted several experts to get a complete overview of what cash flow is and why it’s so important to your enterprise. What is Cash Flow? Basically, this is one of the best bellwethers for your small business. It shows the money that your small business has in the ...
Tags: Finance, Sales, What Is, Stefanie Ricchio, Charlie Whyman


5 Easy Steps to Start a Freelance Business

You’re probably aware that you have to spend money to make money. The good thing about a freelance business is you can start with a pretty bare business budget and still see results. You can build a solid foundation without spending hundreds or thousands of dollars on bells and whistles. Here are important (and relatively affordable) business tools to invest in first that won’t break the bank: What You Need for Your Freelance Startup Get a System to Collect Money By definition, freelancing ...
Tags: Finance, Sales, Mailchimp, Publisher Channel Content


5 Retail Lessons from Holiday 2018

The holiday shopping season is in our rear-view mirror—and there’s reason for retailers to celebrate. Consumer spending for holiday 2018 hit a six-year high of $850 billion according to the Mastercard SpendingPulse report. Online shopping grew 19.1% year over year. Overall, retail spending growth was propelled by strong sales of apparel (up 7.9% from 2017) and home improvement (up 9%). 2018 Holiday Retail Trends What can retailers take away from this year? Here are 5 things we learned in 2018...
Tags: Amazon, Sales, Turkey, Mastercard, Don, Kohl, ShopperTrak, BOPIS, Supply Chain Dive


Announcing the “New” BizSugar, Here’s a Sneak Peak

We’re excited to announce some big news about our sister site BizSugar.com. There’s a brand new BizSugar! We’ve added some new features with many more coming.  New features include: Free tools: Calculators, templates and scorecards Mastermind Community: A private members community to gain the wisdom of the crowd when it comes to starting, managing and growing a business. Events: Community events, including Ask me Anything sessions; monthly challenges; and training sessions. There will also be...
Tags: Sales, Startup, BizSugar, Zoho, Anita Campbell, Gail Gardner, Shawn Hessinger, Martin Lindeskog Moderator, BizSugar Mastermind Community


Announcing the “New” BizSugar, Here’s a Sneak Peek

We’re excited to announce some big news about our sister site BizSugar.com. There’s a brand new BizSugar! We’ve added some new features with many more coming.  New features include: Free tools: Calculators, templates and scorecards Mastermind Community: A private members community to gain the wisdom of the crowd when it comes to starting, managing and growing a business. Events: Community events, including Ask me Anything sessions; monthly challenges; and training sessions. There will also be...
Tags: Sales, Startup, BizSugar, Zoho, Anita Campbell, Gail Gardner, Shawn Hessinger, Martin Lindeskog Moderator, BizSugar Mastermind Community