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How Optimistic Are Small Business Owners About the Economy and Their Companies’ Futures?
Some small business owners remain pessimistic about the economy, according to the National Federation of Independent Business (NFIB) Research Foundation’s September Small Business Optimism Index. Although the overall Small Business Optimism Index fell, individual components of the index improved such as “plans to increase inventory,” “expect the economy to improve,” and “now is a good time to expand.” This post dispels common misperceptions among small business owners about lending that can hinder growth and expansion.
Cash Flow is Still King
It’s been said, “Cash flow is king.” The truth is: cash flow is one of the most critical components of success for small or mid-sized businesses, and effectively managing cash flow is one of the biggest challenges faced by most business owners. In this post, we share three tips that will help businesses start managing their cash flow more efficiently.
Work-Life Balance Should Really Be Work-Life Integration
According to a Huffington Post survey, many Americans feel the overwhelming pressure to do more than ever, in less time, and for the same amount of money or less. The lines between work and personal life have become blurred as employees answer text messages, emails, and phone calls before and after work on a regular basis. With this in mind, business leaders should take four simple steps to foster a healthy attitude regarding work-life integration while still creating an environment where employees are engaged.
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