So, youâre considering the hybrid work model. Youâre not alone. Since the pandemic flipped our work lives upside down, this new approach to productivity has been all the rage. But is it the right fit for your small business?
Letâs break it down.
Think of it as the best (or worst, depending on your perspective) of both worlds. Employees split their time between working remotely and showing up in the office.Â
Sounds simple, right? Well, itâs not. So, letâs get into the juicy stuffâwhat works, what doesnât, and how to decide if this trend is worth the hype for your business.
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Nobody likes being chained to a desk five days a week. Hybrid models let your team skip the soul-sucking commute and work in their pajamas half the time. Happier employees are more productive, less likely to quit, and way more tolerable on Slack.
Fewer butt...
Hey, business ownersâletâs talk about the elephant in the room: raising your prices. You know you need to do it, but the thought of that one client raising their eyebrows (or walking away) sends you spiraling.Â
Newsflash: if youâre not regularly adjusting your prices, youâre leaving money on the table and undervaluing your time, skills, and expertise.
Letâs break this down and give you the tools to raise your rates without scaring off your customer baseâor sacrificing your sanity.
Customers donât pay for what you do; they pay for the value they perceive. Price isnât just a numberâitâs a story. Hereâs how to make yours convincing:
 You know what they sayâyour reputation is everything. And in the business world, itâs not just a feel-good platitude; itâs a matter of survival. One bad review or an ill-timed viral post can send your business into a tailspin faster than you can say, âThat wasnât what I meant!âÂ
But fear not. Weâre diving deep into PR damage control for small businesses because, letâs face itâif Amazon and Starbucks arenât immune to bad press, neither are you. Â
In todayâs âcamera-in-every-pocketâ culture, a single customer with a grievance can spark a PR nightmare. Social media, review sites, and even local news can amplify small issues into colossal problems. Thatâs why having a plan for damage control isnât optionalâitâs essential. Â
As John P. David, founder of David PR Group and guest on The Liquid Lunch Project (Ep 184), says:Â âThe best defense when it comes to review sites is offense. Talk to your existing customers and have them ...
So, you've built a business from the ground up, shed a little blood, a lot of sweat, and probably some not-so-pretty tears. Now, the thought of an âexitâ is on your mindâwhether itâs about cashing in, passing it on, or even retiring on a beach. But preparing your business for a smooth and profitable exit? Thatâs an art, my friend. So, letâs dig into what it takes to sell smart, sell high, and leave with no regrets.
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Start with the Big Question: Whoâs Buying?
When it comes to selling, you need to know your audience. Turns out, Wall Street is looking for Main Street businesses. As we covered in our recent episode of The Liquid Lunch Project with Jordan Wagner, private equity firms are interested in the âboringâ essentialsâthink HVAC, plumbing, and property management. Why? Because these businesses offer steady, recurring revenue and a reliable customer base. So, if youâre the proud owner of a âboringâ business, know that you might be sitting on a goldmine.
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Nail Down Your Numbers
...As a small business owner, the holiday season is like stepping onto a treadmill you can't get off. Youâre working longer hours, juggling endless to-do lists, and trying to keep both customers and employees happy. Itâs all tinsel and cheer until burnout comes sneaking down the chimney, leaving you fried, frazzled, and fueled by nothing but holiday cookies and caffeine.
Hereâs the truth: managing your health and wellness isn't just a nice idea for those who have the extra time. (Extra time? Whatâs that?) Itâs a survival skill if you actually want to make it through this season without turning into a holiday Grinch.
The good news? With a few strategies, you can dodge burnout, keep your energy up, and maybe even enjoy the holiday cheer. Who knowsâyou might even have a moment to relax with a glass (or three) of eggnog.
Letâs break down how to stay healthy, sane, and maybe even a little merry while your businessâand everyone elseâgoes full holiday crazy.
Running a small business is like playing whack-a-mole with your bank account. Just when you think youâve got one thing handled, another financial headache pops up. And letâs be realâcash flow is often the biggest mole of them all. Without it, your dreams of growing the businessâor even keeping the lights onâcan quickly evaporate.
But hey, no need to lose your sanity over it (youâll need that for the endless emails). Whether you're a bootstrapped startup or have been in the game for a while, managing your cash flow effectively is non-negotiable. So, let's dive into some actionable (and, dare we say, fun?) tips to get your cash flowing in the right direction.
Yes, weâre starting with the basics. If youâre not invoicing on time, youâre leaving money on the tableâand worse, delaying payments can put a chokehold on your cash flow. Think of it this way: if youâre slow to invoice, your clients will be slow to pay. Implement invoicing software that auto...
Letâs be realâwhen you think about press releases, you probably picture a big corporation announcing a merger or a fancy tech startup debuting its latest gadget. But hereâs the truth: press releases arenât just for the big guys. Theyâre a secret weapon for small and medium-sized businesses, too. You might be thinking, "Thatâs old-school, right?" Wrong. Press releases are still one of the most underrated tools in your marketing arsenal.
If youâre looking for ways to get your name out there, gain credibility, and attract some much-needed attention, you should definitely be using press releases. Letâs break down why:
When your business sends out a press release, it shows the world youâve got something important to say. It screams, âHey, look at usâweâre making moves!â And guess what? People listen. Press releases give your business an air of legitimacy that your average Instagram post just doesnât.
Pro Tip: Press releases are trusted by media outlets, so w...
We all know the drill. The leaves start falling, the snow starts piling up, or summer rolls in, and suddenlyâbam!âsales hit a nosedive. Every small business owner dreads the seasonal sales slump. But here's the kicker: while you canât eliminate the seasons (unless youâre Zeus, which, spoiler alert, youâre not), you can prep your business to weather the storm.
Ready to minimize the damage? Letâs dive into six techniques thatâll keep you afloat, even when the customers start ghosting you like a bad Tinder date.
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The best way to not put all your eggs in one seasonal basket? Diversify. Sure, your pumpkin spice latte business is booming from September to November, but whatâs happening in March? Introduce new products or services that complement your main hustle but arenât reliant on any one season. Keep your audience interested, and more importantly, keep the cash flow going. Think off-season promotions, bundles, or offering an entirely new line of services ...
Securing funding is one of the biggest challenges small business owners face. Whether youâre just starting out or looking to scale, the process is often slow, rigid, and full of roadblocks. Traditional lenders donât always get it â they focus on outdated requirements that leave many businesses frustrated and stuck. But thatâs where Credit Banc by Shield Advisory Group comes in. Weâve listened to the struggles of small business owners, and weâve created a solution thatâs fast, flexible, and built around your businessâs needs.
Letâs face it: most small businesses donât have the luxury of time. Waiting weeks for an approval and then even longer to access funds can slow down growth and, in some cases, put businesses in jeopardy. The demands of running a business donât wait, so why should your financing?
On top of that, traditional lenders often rely on rigid requirements that simply donât apply to many small businesses. Credit scores, fina...
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Ever feel like your business is running you instead of the other way around? If your daily routine has you putting out fires left and right like youâre a member of the NYFD, itâs time to call in some reinforcements. Automation tools can take over the boring, time-sucking tasks that keep you from focusing on the big stuff.
And you donât need to be a tech wizard to set these up, either. We're talking free, easy-to-use tools that can shave off hours of grunt work every week.Â
Hereâs our list of 7 free automation tools you need to start using ASAP to reclaim your time.
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What It Does: Think of Zapier as your businessâs personal assistant. It connects your favorite apps and automates repetitive tasks without you lifting a finger. For instance, you can set it up to save Gmail attachments directly to Dropbox or sync new leads from your website to your CRM.
Why You Need It: If youâre constantly switching between apps and manually transferring information, Zapier has your ba...