Small-business owners don’t take vacation not because they don’t want to travel or relax or explore new adventures, [but] because they are scared to death their business will fall apart. Fortune recently reported half of small-business owners will take no vacation this year. Of the half that do go on vacation, 61% [...] go for only a … Continue reading Small Businesses Are Still Struggling
Tag: small business
Don’t Care About Alibaba? Here’s Why It May Matter
When the Alibaba Group Holding prices its initial public offering Thursday, small businesses, in particular, will be watching. Founder Jack Ma—the former English-teacher-turned-dot-com-billionaire—has touted his e-commerce platform as a way for smaller merchants to expand their international footprint, including access to consumers in China. In its September 5th filing with the Securities and Exchange Commission (SEC), Alibaba said … Continue reading Don’t Care About Alibaba? Here’s Why It May Matter
Helping Small Businesses—Lots of Talk, No Action
The Small Business Act of 1953 established the Small Business Administration (SBA), which came into existence on the grounds that small businesses are essential to a free enterprise system. It was the intent of establishing the SBA to “deter the formation of monopolies and the market failures monopolies cause by eliminating competition in the marketplace,” … Continue reading Helping Small Businesses—Lots of Talk, No Action
Can Small Businesses Survive This Christmas?
[Supported by] Black Friday, Cyber Monday and, [now], Small Business Saturday, [sales made in] November and December [...] represent as much as 40% of yearly retail stores sales, according to the National Retail Federation. [With] Thanksgiving [falling] so late on the calendar [in 2013], [though] there are six fewer shopping days between [then] and Christmas. [...] … Continue reading Can Small Businesses Survive This Christmas?
Basics of Retail Math
Retailing is all about change, because consumers change and so do their tastes. If you don’t change, you don’t grow.Marvin Traub, Former President & CEO of Bloomingdale's [N]o matter what your collateral reasons for opening a retail store—[setting your own schedule, being your own boss]—the numbers are obviously what drive your decision about whether or … Continue reading Basics of Retail Math
Should You Open Your Own Online Store?
The economic recovery for most is much slower than the news would lead you to believe. Many people ask themselves, "How can I supplement my income so I can provide more for my family?" The perceived hot trend to accomplish this goal is doing business on the Internet, but it is not as easy as … Continue reading Should You Open Your Own Online Store?
Nominate a Small Business to Win in DollarDays’ $5,000 Giveaway
“If you know anything about DollarDays, the nation's premier online wholesaler, then you know we are committed to the success of small businesses everywhere,” said DollarDays' CEO, Marc Joseph. “This commitment is evident in a myriad of ways—from wholesale and closeout pricing on over 225,000 products to several online business opportunities to a monthly $5,000 merchandise giveaway. … Continue reading Nominate a Small Business to Win in DollarDays’ $5,000 Giveaway
Is Entrepreneurship Dead in America?
Over 200 years ago, James Madison wrote, “[T]he greater proportion of citizens who are their own masters, the more free, the more independent, and the more happy must be society itself.” Entrepreneurship is a critical measurement of our country’s political vitality and our own personal liberties. The more independent citizens become, power and responsibility will … Continue reading Is Entrepreneurship Dead in America?
9 Tips to Get Last-minute Holiday Shoppers into Your Store
Thanksgiving is over, [and] Black Friday is in full swing. Is it too late for your small business to capture holiday sales? No way. A recent study by PriceGrabber shows more than half of consumers expect the best holiday deals between Thanksgiving and Christmas. With the National Retail Federation predicting holiday sales to grow 4.1% … Continue reading 9 Tips to Get Last-minute Holiday Shoppers into Your Store
“Obama’s the One,” Say Small-business Owners, Customers of DollarDays
"Our customers are small-business owners trying to stay afloat as the economy continues to recover. Given they're a strong representation of hardworking middle-class Americans, we created an online presidential poll to see who they will vote for on Election Tuesday. "As of this morning, 55% of the poll participants are hoping to see Obama in … Continue reading “Obama’s the One,” Say Small-business Owners, Customers of DollarDays