Category: small business

Lockdowns Devastate Small Business and Leaves Economy Dominated by Large Corporations

Lockdowns have disproportionately affected workers for small businesses compared to large businesses, according to an analysis by the Institute of Public Affairs (IPA). The analysis of Australian Bureau of Statistics (ABS) unemployment data found that between June 26 and July 17, 420,000 jobs were lost—or 20,000 a day. The New South Wales (NSW) jobs sector…


Hiring Crunch Drags Down Small Business Revenues

Even as large corporations like Target are posting forecast-beating earnings and reporting little difficulty attracting talent, smaller businesses say they’re struggling to hire workers, hurting their bottom line. A new survey by Salesforce (pdf) shows that 53.3 percent of small and medium-sized businesses said staffing issues have been a drag on revenues. For those businesses…


Out-of-the-Box Publicity Strategies That Generate Buzzworthy News

By Christina-Lauren Pollack Are you starting a new business or looking to grow an existing company? If so, then it’s helpful to learn how to work with traditional media and online press outlets in order to maximize the power of coverage. And while there are standard PR strategy basics that are handy to know, one of…


How a 5th-Generation Maine Lobsterman Started a Home Goods Company

Present an entrepreneurial spirit with the right opportunity, then step back and watch the magic happen: The ambitious among us are unable to resist the pull. That’s certainly the case for Logan Rackliff, who founded and co-owns The Rope Co. in Warren, Maine, with his wife, Hannah. It’s also the case for his forefathers—a long…


Tying It All Together: How a 5th-Generation Maine Lobsterman Started a Home Goods Company

Present an entrepreneurial spirit with the right opportunity, then step back and watch the magic happen: The ambitious among us are unable to resist the pull. That’s certainly the case for Logan Rackliff, who founded and co-owns The Rope Co. in Warren, Maine, with his wife, Hannah. It’s also the case for his forefathers—a long…


7 Small Business Tax Deductions You’ve Probably Overlooked

Small businesses spend thousands of dollars and over eighty hours a year to prepare for and file their federal taxes. Despite all of this time and effort, these businesses lose billions of dollars annually on tax deductions to which they fail to take advantage. Here are seven tax deductions that your small business is probably…


5 Ways to Make Your Small Online Business Appear Bigger

When Kevin Plank first launched his now billion-dollar company Under Armour, one of his biggest challenges was conveying a professional image. He didn’t want people to know that he was working out of his grandmother’s basement. So he did everything possible in the beginning to make his small online business appear bigger. He even carried…


Victorian Businesses Deserve Exit Strategy From Lockdown That Is Causing ‘Needless Damage’: Industry

Victorian businesses require and deserve an immediate exit strategy from the current Victorian lockdowns, which is causing “needless economic, mental health, and health damage,” Australia’s peak industry body said. “There appears to be no justification to keep an entire city of 5 million people in a prolonged lockdown for a handful of connected cases each…


The 1 Indispensable Thing Nonprofits Need

“I started a nonprofit organization about three years ago. “In the beginning, we had three directors—we were told we needed at least three to get our federal tax exemption—but two of them quit shortly after we formed, and I have struggled to fill those two positions since. People sign up, probably out of personal friendship…


Allan Benton: A Tennessee Country Ham Legend

In a small roadside smokehouse in Madisonville, Tennessee, Allan Benton crafts what top chefs across the U.S. consider the gold standard of country ham and bacon. The potent, provocative smell of hickory smoke draws in any visitor—and anyone who tries the finished product. Since Benton started the business 47 years ago, Benton’s Smoky Mountain Country…