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.

Infographic: Small Business Marketing Trends

Posted On: June 15, 2016

You don’t have to reinvent the wheel—and that includes marketing best practices. In a recent survey, more than 1,000 small business owners were asked about their marketing practices, challenges, and goals for 2016. Here’s what you can learn from the strategies—and obstacles—of the respondents.  MORE MARKETING HELP: Visit NFIB’s marketing resource center for other useful advice. ...

How to Host a Virtual Product Launch Party on Facebook

Posted On: June 13, 2016

Social media has made it easier than ever to connect with customers and sell products online, and businesses are increasingly using Facebook as a virtual event space. Follow these best practices to make the most of the virtual launch trend.  1. Build a following first. Great marketing efforts are wasted if no one is watching. Start by inviting your clients, customers, employees,...

Free Ebook: Solutions for the Big Challenges Facing Small Business

Posted On: June 07, 2016

NFIB member Derrick Handwerk has owned, managed, and consulted for privately held businesses for over 25 years. He is currently the managing partner of Handwerk Multi Family Office in Lansdale, Pennsylvania. Like many other small business owners, Derrick has become all too aware that independent businesses face an increasingly unlevel playing field when competing against large public businesses. To that...

How to Protect Your Products from Counterfeiters

Posted On: May 31, 2016

The Internet has made it easier than ever for counterfeiters to deceive consumers, siphon sales from small businesses, and even damage the reputations of manufacturers. These tips will help you protect your products and your brand.  Trademark your product.  In order to establish legal ownership of a product, logo, or brand, you must file for a trademark or design patent. An intellectual...

How Much Should You Pay Yourself?

Posted On: May 24, 2016

It’s a question every small business owner eventually asks: How much should I pay myself? Unfortunately, there are no short answers or across-the-board percentages.   We spoke with small business owner Gilbert Cerda, a certified financial planner, to get his take: Q. Where do I start?  A. Cash flow. This is the biggest determining factor when starting or running a business. If cash flow is...

3 Business Lessons You Can Learn from Jimmy Buffett

Posted On: May 16, 2016

Decades may have passed since Jimmy Buffett released his most popular songs, but the fun-loving musician has hardly been wasting away in Margaritaville. In addition to touring, releasing new albums, and writing best-selling books, he runs a business empire that includes the Margaritaville and Cheeseburger in Paradise restaurants, casinos, packaged foods, alcohol, footwear, and a satellite radio station. In all,...

Building Philanthropy into Your Business Model

Posted On: May 12, 2016

NFIB’s Young Entrepreneur Foundation supports the next generation of small business owners through scholarships and student/teacher programs.  Two of the winners talk about how doing good can be a good business plan. GET INVOLVED with the Young Entrepreneur Foundation. Or fund a scholarship.   Hart Main Age: 19 Business: ManCans Issue he’s fighting: Hunger It started as an offhand comment to his sister: “Why don’t people sell candles with scents...

8 Social Media Hacks You Never Knew Existed

Posted On: May 11, 2016

Think you know how to use Facebook, Twitter and LinkedIn? Think again. The big social media channels offer tools and apps that can help you run your biz—if you know where to find them and how to use them. Don’t want to pay for a live chat service tool? Our infographic cheat sheet has a free solution using Facebook.  You can also learn...

5 Tips to Help Manage Your Small Business' Cash Flow

Posted On: May 10, 2016

Has your business ever found itself in a cash flow crunch? Savvy business owners know that it’s better to be prepared to fill gaps in cash flow than to be caught off guard. But having many months’ worth of capital to cover emergency expenses is sometimes easier said than done. Our friends at Kabbage have curated 5 Tips to Help Manage Your...

Why Your Small Business Might NOT Need a Full-Fledged Website

Posted On: May 03, 2016

You don’t need to exhaust your budget on an elaborate website. If your business doesn’t rely on e-commerce, chances are your customers (and potential customers) will only be visiting your site for the basics—hours, location, contact info. STAY UP TO DATE ON TECH TRENDS with NFIB’s resource center. Here are three alternatives to an elaborate Web presence: 1. Facebook Only The pros: It’s free, you can...

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