Owning a small business often means wearing every possible hat available, from marketer to sales clerk and inventory manager to HR professional. Learn from the experiences of the small business owners who are NFIB members as well as the best experts for each industry. Below you will find small business tips for everything from taxes and regulation to promotion and networking.
Content provided by Heartland If your business hasn’t switched to EMV chip cards from swipe and sign payments, it could be costing you money. Although the EMV liability shift went into effect in October of 2015, nearly one-third of all businesses still haven’t adopted this change. Has your business switched? Although there might be many reasons for staying with the swipe, the...
It’s never too early to focus on upcoming taxes. Naturally, small businesses want to maximize their deductions to minimize taxes. However, they might not be aware of a certain tax code that benefits them: Section 179. According to a survey conducted by the National Federation of Independent Business (NFIB), 70 percent of small business owners plan to take advantage of...
Your funding and capital are in place, your business plan is complete, and you’re ready to open up shop and start your new small business. But have you picked a great name? What you choose to name your business is crucial to your brand, your business’ longevity and growth potential, your ability to attract customers and employees, and much more. As...
From taxes and payroll, to invoices and expenses, accounting can burn a lot of time. Especially for the smallest of small businesses—like sole proprietors, hobby- or home-based businesses—or those who don’t employ an accountant or outsource their accounting, apps can be a huge help when it comes to managing the books. Read on for an overview of the business of apps,...
American consumers are price-wary, but they’re also patriotic. If your business makes or sells products that are entirely American made, it doesn’t just make great business sense—promoting it can be a powerful marketing tool. Combined with the “buy local” movement and the Trump administration’s focus on promoting and protecting American jobs and manufacturing, small businesses are in a great position to...
Traditional advertising has been on the decline for years, and more and more businesses now spend their marketing budgets online. With digital advertising on the rise, business of all sizes are finding new ways to reach customers, strengthen their brand, and promote their products and services. One of the biggest trends to emerge in the last few years is influencer marketing....
A high level of personal service and local appeal can help small business owners compete with the big box retail market. But other small business competitors likely offer these perks, too. These tips will help you stay ahead of your small business competition. Be accessible Excellent customer service is a hallmark of most successful small businesses, but getting to your customers on...
With the beginning of a new fiscal year, it’s time to get your tax preparations in order. If you’re well prepared, you can make this sometimes difficult and tedious process much easier. According to NFIB’s most recent Problems and Priorities survey, “tax complexity” and “frequent changes in federal tax laws and rules” made the top 10 list of the most...
Increasingly, consumers look online to determine where to spend their money. Last year’s BrightLocal Consumer Review survey shows 84 percent of online customers trust online reviews—meaning business owners can’t afford to neglect growing positive customer reviews. But what does that mean for your small business? Here’s what you can do to improve your business reputation. Click here for full size infographic. ...
It’s no secret that the rise of e-commerce—and Amazon in particular—has presented major struggles for brick-and-mortar retail companies, especially small businesses. However, the advent of geolocation features in social media platforms like Facebook, Snapchat, and Instagram has made it easier and more affordable for small business to stay competitive and to get in front of more potential customers. Here’s a look...
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