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How Small Business Owners Should Adapt Post-Pandemic

Erin Clark/The Boston Globe via Getty
Business startups in the US grew to over 4 million in 2020, according to the Peterson Institute.
Technology has leveled the playing field and now gives more businesses the opportunity to expand online.
As the economy reopens and consumer demands increase, entrepreneurs have the chance to establish themselves.
Small businesses across America are revalidating the essential lesson of Charles Darwin and driving the post-crisis economic rebound in the process.
The term small business covers half the American workforce, in tens of millions of companies that made it through the darkest days of the pandemic. It sweeps in more than 4 million owners who chose to start a new venture in 2020 the largest single-year increase in new business originations in at least a decade, and perhaps ever, according to data from the Peterson Institute for International Economics. Soon to follow are all the entrepre ....

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Young entrepreneurs showcase their ideas at youth trade show

Some of the Grand Valleyâs youngest burgeoning entrepreneurs showcased their new ideas at the Mesa Mall on Saturday.
The Grand Junction Area Chamber of Commerceâs Young Entrepreneurs Academy (YEA) program held its trade show, where eight children from 11 to 15 years old came up with their own business and nonprofit ideas, learned how to run a business, and pitched to investors for funding.
Saturday was the capstone to the 28-week program.
âSeeing them get here is just the coolest thing ever. They come to us with an idea, and then we help them grow,â said Darcy Weir, YEA coordinator for the chamber. âA lot of this they did on their own. Itâs self-made and weâre here to just guide them.â ....

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4 Tips for Entrepreneurs Navigating Business Landscape Post-COVID-19

One way to navigate the change is to replicate in-person experiences online, as retailers are doing.
Consider using tech for backlogs, refocusing on sustainability, and prepping for the hybrid future.
COVID-19 has altered just about everything it s touched. And it s not done transforming the world just yet. The end of the pandemic may be in sight, but the fallout it caused will be felt well into the future.
After the experiences of 2020, entrepreneurs probably don t require anyone to tell them that. Guidance for navigating the changed business landscape, on the other hand, is much needed. No two industries were impacted by the coronavirus pandemic in the same way, but some common themes are emerging. As you ponder your post-COVID path, consider this advice from four forward-thinking industries that are leading the way: ....

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5 Key Qualities To Look For In A Coach

Business and life coaches are valuable and hiring one might be exactly what you need. But when there are so many options, how do you know who to choose? ....

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How to Avoid Hurting Your Franchise Business' Chance of Success

Hinterhaus Productions/ Getty Images
Underestimating startup costs is a one way to create risk for your franchise before it s launched.
Franchisees should tap into the built-in franchise support system for advice on finance and operations.
Having a business plan is the best way to cover all the financial and operational strategies for success.
Becoming a franchisee has immediate advantages that make it an attractive business opportunity for entrepreneurs established brand/reputation, tried tested and true templates to follow, franchise support services and a pre-existing customer base are just a few of the benefits.
While these are critical components to the success of any business, franchises run a risk of depending heavily on these factors to be successful. The following five ways contribute to a mindset that can cause a franchisee to cut corners within their franchise, hurting their business in the process. ....

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