The 1.4 million LGBTQ+ entrepreneurs across the United States are being honored during Pride Month by SCORE, mentors to small businesses and a resource partner of the U.S. Small Business Administration (SBA). SCORE Analysis Shows LGBTQ+ Small Businesses Contribute $1.4 Trillion to US Economy It is a fitting moment to celebrate the efforts of LGBTQ+…
A business credit bureau keeps tabs on businesses. The business credit reporting bureaus collect data from various sources, including information from lenders about payment history and information from other creditors, such as suppliers. There are three major business credit bureaus, plus a few others. The bureaus also collect information from business credit reporting agencies about…
With inflation impacting economies around the world, price increases are practically unavoidable, but that doesn’t mean customers welcome the price change. Even if consumers understand the price increase, it still could impact their buying decisions. How do businesses raise prices without sacrificing customer retention? You can soften the blow and help ease the minds of…
? Small business owners face several threats to their company’s survival, including tech and shifts in customers’ tastes. Change management can help a small business survive in a sea of competition. What is Change Management? In order to thrive and grow, a business needs to change and develop. That’s what change management is all about.…
With summer fast approaching, this is the best season to indulge in some of our favorite cold treats like ice cream! With so many great brands already on the market and new ice cream companies emerging, use this summer to explore a new ice cream brand and try something new or go back to classic…
Ahh, the best-laid plans…often go unrealized. Every business owner has been there to one degree or another. You read something, see something, heck, you pay thousands of dollars to a consultant but don’t actually DO something that you want to do, know you should do, and paid to do. So what’s up with that? Barry…
July 4th is right around the corner, and most businesses participate in one way or another in this patriotic celebration. July 4th is the day that is celebrated as the birth of American independence. One way to show your patriotism this year is to put out your American flags and make sure your business is…
In order for a business to succeed, it’s important for its owners to understand the factors that can impact their bottom line. One of these key factors is inflation. The Federal Reserve targets an annual inflation rate of 2%. However, the rate is currently at 8.6%. Inflation is a result of the broader economic trends…
Mortgage rates have surged this week, moving up by more than half a percentage point. Figures shown in FreddieMac’s Primary Mortgage Market Survey (PMMS), show that as of June 16, the average rate on a 30-year loan is now 5.78%, rising from 5.23%. Mortgage Rates Make Historically Biggest Weekly Jump – Highest Since 2008 The…
The Feds raised the interest rates by .75% this week. That’s not good news, especially as it comes on the heels of May’s .50% increase. Another Federal Reserve meeting is scheduled for the end of July and economists predict interest rate increases again before the end of the year, by as much as 1.75%. Why…
