This is an interesting article about how business need to adapt to this new American landscape of high inflation!
They say to focus on adjusting prices (of course), prioritizing your products, and shifting input as prices chance.
Let’s also hope gas goes down!
I’ve been reading over this list of random startups from Canada… and I think the real take away is that it doesn’t matter how big, small, or niche your business idea is… the defining trait for success is always taking the RISK!
https://ca.godaddy.com/blog/small-business-advice-from-those-whove-been-there/
Over the past year, more than 7 out of 10 small business owners say that inflation-caused higher prices on goods and services have had an impact on their operations. So then we need loans to make it work. Prices are going up!
https://fortune.com/2021/12/14/small-business-owners-loans-inflation/
I’m sure everyone has seen the closed business’s in your town that didn’t make it through the pandemic.
I think this list has some interesting ideas on how to weather this continuing storm:
https://www.entrepreneur.com/article/362611
Throughout 2021, workers have hit record quitting rates as they’ve found jobs with better pay, flexibility and perks. Obviously the ability to work remotely is on the top of that perk list.
That means that if you, the employer, isn’t offering flexible and remote options, you’re missing out on up to 70% of candidates!
Read more: https://www.cnbc.com/2021/11/02/businesses-without-flexible-work-miss-up-to-70percent-of-job-candidates-hr-experts-say.html
Have you optimized your lead generation? Whether you have a small budget, or a lot to spend, this is something you need to be on top of.
#generatingleads
#smallbusiness
https://blog.taboola.com/small-business-lead-generation/
Given all of the pandemic stimulus out there, perhaps your business is eligible for some financial aid.
#grant #stimulus #smallbusiness
Anthony Casimano 