Over the past four years shopping cart abandonment rates have run in the 60% range, meaning six in 10 shoppers who place items in a cart do not check out (eMarketer). Abandonment is when a [...]
As a small business, you have various options when it comes to the legal structure. Many small businesses classify as sole proprietorships or partnerships, but incorporation is an option as well. [...]
Let’s face it; the cost of renting out a retail space and training over hundreds of employees can be extremely pricey. And there’s no doubt that online shopping has become increasingly popular, [...]
Accounts receivable factoring acts as a way to speed up cash flow. A factor buys your invoices, paying your company upfront and validating your customers’ creditworthiness. With cash flow being a [...]
Small businesses have smaller staff with fewer key players. If one important member dies and an adequate replacement is not readily available, the business may suffer significantly. To avoid [...]
What does it take to name a startup? In a recent article by the Wall Street Journal, experts weigh in on what it takes to create a memorable startup brand name. We provide some insight from top [...]
The mission of the Small Business Center of Excellence™ (SBCoE™) is to provide education, training, resources, and information about best practices across all disciplines that impact small [...]