Small Business Tips

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.

3 Ideas for Promoting Your Business on Small Business Saturday

Posted On: October 25, 2016

Small Business Saturday 2016 is Nov. 26. This national event is a great way to bring customers into your business and encourage them to shop local. Three small business owners who have successfully participated share their experiences here. Team up with other local businesses to cross-promote. Katy Kassian, owner of Buffalo Gals Mercantile in Regan, North Dakota, struggles with visibility as a business owner in a rural area....

Starting a Business: Factors to Consider When Choosing Your Industry

Posted On: October 21, 2016

Whether you already have an idea for a new business or are just interested in becoming your own boss, it’s important to know a thing or two about the industry you’ll be getting into. After all, who’s going to loan you money if you don’t know where your industry is headed? And how do you plan to succeed if you...

Infographic: Top 10 Cities for Female Entrepreneurs

Posted On: October 19, 2016

Numbers don’t lie—these ten cities are topping the charts when it comes to the amount of female-owned businesses, according to Small Business Trends, which compiled its list using data from the U.S. Census Bureau’s 2012 Survey of Small Business Owners.  Looking to take the jump and become your own boss? Check out one of these cities: they’re doing one—or several—things right...

Video: 3 Super Easy Social Media Hacks

Posted On: September 28, 2016

It’s no secret that small businesses should have a social media presence. But not everyone’s up to speed on just what’s out there. Plus, owners don’t exactly have loads of free time to figure out what works and what doesn’t. The three hacks in the video below can go a long way toward helping you reach and communicate with potential customers—without...

The Pros and Cons of Buying an Existing Small Business

Posted On: September 19, 2016

Buying an existing business sounds like an easier path to success than starting your own. And it’s true, the benefits can be huge, says Matthew Odgers, an attorney who works with small business owners at Odgers Law Group in San Diego. The business likely has an existing customer base, an established reputation, and employees who have already been trained. “This...

Small Business Accounting Tips

Posted On: September 16, 2016

Many people feel daunted by the prospect of managing finances for a small business. But with some straightforward advice and guidance, you can feel confident you are putting your company on the path to financial success. Make balancing your books easier with these accounting tips for small businesses, including bookkeeping and invoicing software, records management tips, and more. Keep It Separate It...

Should You Use Your Retirement Savings to Start a Business?

Posted On: September 12, 2016

If you’re struggling to secure capital to start your dream business, the money you’ve saved in an individual retirement account (IRA) or 401(k) may seem like the answer. But is it worth the risk? Here are three factors you should consider.  RELATED: NFIB’s Small Business Guide to Getting a Loan 1. Understand the risk. The biggest risk of borrowing from your retirement account...

Infographic: What Financial KPIs Should Your Small Business Be Tracking?

Posted On: August 24, 2016

One key element of business success is the ability to measure and compare your company’s performance and financial success against its goals and needs. KPIs can be specific to each industry and should be relevant to your individual business.  This infographic covers key financial KPIs you should consider tracking.  NFIB members can save up to $5,000 per year, including big savings on...

4 Secrets of Selling to Millennials

Posted On: August 22, 2016

Millennials’ purchasing power is on the rise—and is expected to reach $1.4 trillion by 2020. But this is the generation that grew up fast-forwarding through commercials and ignoring online advertising. Effectively reaching this group requires creative new marketing strategies. Here are several tips for marking to millennials. RELATED: How Millennials Are Disrupting Retail 1. Focus on information—not traditional marketing strategies. Millennials have access...

Infographic: 10 Powerful Networking Ideas for Small Business Owners

Posted On: August 17, 2016

Local business groups and industry events are a time-proven way of making valuable connections. But in our modern age of social media and tech growth, networking goes beyond the traditional meet-and-greet. With so many ways to connect, opportunities to grow your business abound. This infographic highlights ten creative ways you can break out of the mold to make lasting connections that will expand...

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