Small Business Insights

Explore insights for your small business

Skilled Trades

Digital Marketing for Plumbers

These digital marketing tools can help you quickly connect with customers and grow your business.
If your website is more lead pipe than copper and PVC, it's time to modernize your web presence.
Skilled Trades

Does Your Electrical Business Need Help Hiring?

These ideas can improve your hiring rate by promoting the benefits of working in your field.
Compensation can be a valuable selling point for new applicants. The average electrician earns $61,550 a year, while the top 10% earn $98,720.
Management

Pandemic Hiring Practices for Small Businesses

Small businesses are struggling with staffing post-pandemic. Here's how to handle pandemic hiring.
The pandemic's major upheaval of our society has one silver lining for individuals and businesses—it gave us all a chance to reassess how well things were working before.
Management

How to Boost Employee Loyalty

In today's competitive job market, employers need to take meaningful action to retain talent.
Employees, like all people, want to feel valued—and acknowledging their contributions regularly can go a long way to inspire pride and a sense of belonging.
Technology

Up Your Game With the Best Small Business Podcasts

A business podcast focused on small businesses can help you stay on the cutting edge.
Many of the best small business podcasts are hosted by fellow entrepreneurs who understand the unique challenges small business owners face.
Starting a Business

Rollover for Business Startups: Pros and Cons

Here's how a ROBS lets you use your retirement savings to launch a new small business.
For this strategy, the business must operate as a C corporation, a business structure where you can buy stock.
Management

Why Supply Chain Management Is Important

Stay competitive by optimizing what your products and services are worth.
It goes beyond knowing exactly how to locate a shipment.
Taxes

Business Taxes 101

The tax category, deductions and forms you file depend on your business's structure.
To reduce your business taxes, you want to maximize your deductions.
Technology

High-Speed Internet for Rural Areas

How does the lack of high-speed internet access in rural areas affect your business and community?
There's a simple reason why rural areas are less likely to have access to high-speed internet: the profit margin for internet service providers.
Taxes

Tax Breaks Boost the Appeal of Going Green

Make your business eco-friendly and get these tax breaks, credits and deductions.
Federal and state governments now offer tax breaks for eco-friendly businesses.
Planning

Create a Strong Business Succession Plan

Exit the company you helped build in a way that leaves your achievements intact.
Business succession planning ensures you ultimately separate from your company in a manner that achieves your business and personal goals.
Banking

The Benefits of Relationship Banking

Instead of treating customers as transactions, relationship banking focuses on individual service.
The key to success with relationship banking is a focus on the individual.
Technology

How to Navigate IT Services for Small Businesses

Cloud-based technologies can drive lots of value for small businesses.
Recognizing the importance of information technology in business, it's wise to create IT partnerships.
Credit

Starting a Company Credit Card Program

You'll need a clear, written policy laying out employee guidelines and procedures.
As you plan credit card limits, make sure whatever you choose fits your monthly spending budget.
Management

Do You Find Digital Marketing for Small Business Overwhelming?

Learn about the benefits of digital marketing and how a plan can help you set a realistic budget.
According to the most-cited statistic from the Small Business Administration, businesses with $5 million or less in revenue should allocate roughly 7% to 8% toward marketing.
Management

How to Set a Marketing Budget

The size of your audience and sales will tell the story when you set a budget and measure the ROI.
A good rule of thumb is to devote 7% to 8% of your gross revenue to marketing.

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