STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News / Analysis /

Small Business Rundown: Tips to Grow Your Small Business

August 2, 2023 Last Edit: March 19, 2026

NFIB podcast features small business owner to discuss expansion

Small Business Rundown: Tips to Grow Your Small Business

“On the finance side, with the [federal government] raising interest rates and some of the credit tightening that’s happening, we thought offering some helpful tips on that end would be a great way to package a toolkit for small business owners,” explained NFIB Research Center Executive Director Holly Wade in the latest episode of the Small Business Rundown. NFIB member Laura Lucia of Lucia Specialized Hauling also joined the podcast to discuss ways to grow your small business. Laura is planning an expansion to open a new location in North Carolina. Her small business has outgrown its space and is forced to turn some work away, so for Laura, the expansion was necessary, even with a tight labor market that could affect hiring. “We have a lack of truck drivers. Keeping the good employees that you have is one thing that really helps. We also have truck drivers and a good crew right now in our warehouse facility. They work really well together. Word of mouth is how we’ve gotten a lot of them.” Lucia Specialized Hauling also offers a flexible work environment, which many employees appreciate. Throughout the expansion plans, Laura knows how essential the employees they already have are, so she emphasized the importance of keeping them informed throughout the process. “As we’re transitioning to this new facility, we’re keeping everyone abreast of what’s going on. Two of our employees are really excited because it’s a great school district down there, and one of them has already bought a house and moved down there. Everyone is really excited about it.” When discussing details about securing a loan, Laura shared, “Know your banker because financing is the biggest part of it and for someone that’s in a new business, get your line of credit early, when things are good. Don’t wait until the economy goes bad. Keep that in your back pocket. It’s a handy tool when things do change occasionally. Also, definitely look into some of these government websites, they’re all extremely helpful.” The webinar “Toolkit Essentials to Grow Your Small Business” is available to watch on-demand. For Legal or Research Center questions email info@nfib.org.

Topics:

Research

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

July 14, 2026

NEW NFIB SURVEY: Small Business Optimism Picks Up in June

WASHINGTON, D.C. (July 14, 2026) – The NFIB Small Business Optimism Index rose 2.1 points in June to 97.4, nearing its 52-year average of 98.0. Expectations fo…

July 10, 2026

John Deere Settlement Paves the Way for Right to Repair for Small Businesses

NFIB urges lawmakers to advance legislation that would ensure equal access to diagnostic tools for independent auto repair shops

July 10, 2026

AUDIO: NFIB President Brad Close Joins David Webb to Give Update on Efforts to Repeal Invasive Federal Mandate

WASHINGTON, D.C. (July 10, 2026) – NFIB President Brad Close joined SiriusXM Patriot’s The David Webb Show on Wednesday to update listeners on NFIB’s current e…

July 10, 2026

NFIB Opposes Unworkable New Mandates to Small Business Operations

Finalizing a federal heat standard would add unnecessary burdens and massive compliance costs on Main Street

Small Business Rundown: Tips to Grow Your Small Business

Related Articles