3 Financial Steps to Take Before a Recession Impacts Your Business

The National Bureau of Economic Research (NBER) defines a recession as, “a significant decline in economic activity that is spread across the economy and lasts more than a few months”. Unfortunately, economists have been warning of the potential for a recession in the not-so-distant future.

7 Ways to Keep a Positive Mindset When Running a Small Business

Between finding ways to cope with the impact of inflation, ongoing supply chain issues, and struggling to find and retain employees amid the Great Resignation, small business owners have had their fair share of hardships in recent months. Not surprisingly, the NFIB’s Small Business Optimism Index decreased in March 2022 by 2.4 points, making it the third consecutive month below the 48-year average of 98.

How Local Businesses Can Better Serve the Post-Covid Consumer

This month marks 2 years since the first shutdown due to the COVID-19 pandemic. Over the past 24 months, business owners have faced everchanging mandates and restrictions, hiring struggles due to the Great Resignation, supply chain disruptions, inflation, and soaring gas prices.