Getting Started Guides

The National Trust for Historic Preservation and American Express have announced the opening of applications for the fifth year of the Backing Historic Small Restaurants (BHSR) grant program. The initiative, designed to help small and independent historic restaurants preserve their legacies, will provide $2.5 million in grants to 50 restaurants across the United States in 2025. According to the announcement, the program has already awarded more than $5 million to 130 restaurant owners in all 50 states over the past four years. The grants have supported establishments facing economic hardships or recovering from disasters. The BHSR program is part of American Express’ br…

A franchising franchisor is the original business entity that licenses its brand and operational model to franchisees. They play an essential role in broadening their brand’s market reach during providing franchisees with training, support, and guidelines. In return, franchisors earn revenue through start-up fees and ongoing royalties. Nevertheless, this relationship comes with both advantages and risks, impacting how they operate. Comprehending these dynamics can reveal the intricacies of franchising and its potential for growth. Key Takeaways A franchising franchisor grants licenses to franchisees to operate under its established brand and business model. Franchisee…

Artificial intelligence is moving deeper into the core of business software—and Oracle NetSuite is giving small businesses new ways to take advantage of it. At SuiteWorld 2025 in Las Vegas, Oracle NetSuite announced major updates to its SuiteCloud Platform, introducing a wave of new AI capabilities that make it easier for companies to build, connect, and control intelligent tools inside their NetSuite environments. For small business owners already using NetSuite—or considering an ERP solution that adapts to their workflows—this expansion could mean faster automation, smarter insights, and less time spent managing repetitive tasks. The goal, according to Oracle NetSuite …

Key Takeaways Strong Returns: Storage units typically yield annual returns between 8% and 12%, often outperforming other real estate investments due to lower operational costs and capital requirements. Key Metrics: Understanding and calculating important ROI metrics, such as cash-on-cash return and capitalization rate, is essential for assessing the profitability of your storage facility investment. Impact of Location: The location of your storage facility plays a significant role in profitability, with urban areas generally attracting higher occupancy rates and rental income. Operational Efficiency: Managing operational expenses effectively, including mainte…

Key Takeaways Exciting New Features: BookTok has introduced new features to enhance user engagement and improve the book discovery process for readers.Enhanced Discovery: Users can now access improved visibility for their book-related content through user-generated videos and trending hashtags, increasing exposure to new readers.Improved User Interaction: Upgraded capabilities for comments, likes, and shares allow deeper connections and community engagement among book enthusiasts.Impact on Publishing: BookTok significantly influences sales and marketing strategies in the book publishing industry, showcasing the correlation between platform engagement and book sales.Conten…

For small businesses constantly juggling communication across tools, documents, and meetings, Zoho’s newest product aims to simplify how teams work together. The company has launched Vani — an intelligent visual collaboration platform that turns brainstorming, planning, and execution into one seamless, shared experience. Vani introduces a visual-first workspace designed to replace the patchwork of apps that small businesses often rely on for project management, whiteboarding, and communication. Instead of hopping between spreadsheets, slides, and chat threads, teams can collaborate on what Zoho calls an “infinite canvas” — a digital space where ideas, data, and discussio…

The U.S. Small Business Administration (SBA) has recently taken significant steps to support veteran entrepreneurs by eliminating a backlog in the Veteran Small Business Certification (VetCert) program. This move represents a crucial opportunity for veteran-owned small businesses (VOSBs) and service-disabled veteran-owned small businesses (SDVOSBs) to more effectively compete for federal contracts, especially as the nation nears Veterans Day. With the backlog previously exceeding 2,700 cases, many day-to-day operations for veteran business owners were severely impacted. The backlog arose as resources were redirected from the VetCert program to meet higher diversity and i…

Creating a business plan template is crucial for anyone looking to outline their business idea clearly and effectively. By following five straightforward steps, you can develop a thorough plan that covers everything from your executive summary to financial projections. Each step builds on the last, ensuring you address all critical components. Comprehending how to approach this process can greatly improve your chances of success, so let’s explore these steps in more detail. Key Takeaways Start with an Executive Summary that encapsulates your business’s mission, vision, and objectives in a concise format. Create a Company Description detailing your business purpose, hi…

Instagram and Facebook have unveiled a suite of enhancements aimed at improving account security and support, a move that holds significant implications for small business owners who rely on these platforms to connect with customers. The focus of these updates is to create a more streamlined and user-friendly experience for account recovery and support, which is particularly pertinent for small business owners. According to Meta, these changes result from a recognition that user support has often fallen short of expectations. With a growing number of businesses leveraging social media for marketing, the security of accounts becomes paramount. Meta’s commitment to elevat…

When crafting a successful content marketing plan, it’s important to focus on several key elements. Start with well-defined brand guidelines to maintain consistency in your visual identity and voice. Next, set SMART marketing objectives that allow you to track progress effectively. Comprehending your customer personas is fundamental for addressing their pain points and goals. Each of these components plays a critical role, and together they can greatly improve your marketing efforts. But how do you effectively integrate these elements? Key Takeaways Define clear brand guidelines to ensure consistency in voice, tone, and visual elements across all content. Develop deta…

If your business has poor credit, finding financing options can be challenging, but it’s not impossible. Several alternatives exist that can provide you with the capital you need to keep operations running smoothly. Short-term loans, merchant cash advances, invoice factoring, equipment financing, and business lines of credit are all viable choices. Each option caters to different needs and circumstances, allowing you to access funds without relying heavily on your credit score. Comprehending these options can help you make informed decisions for your business’s financial health. Key Takeaways Short-term business loans prioritize cash flow over credit scores, providing…

Managing team conflict is essential for maintaining productivity and morale. You need to recognize early signs, such as passive resistance and miscommunication, before they escalate. Open communication is critical, so encourage active listening and regular check-ins. Establishing clear behavioral expectations can likewise prevent misunderstandings. By utilizing effective conflict resolution strategies, you can cultivate a more collaborative environment. But these steps are just the beginning; let’s explore how to implement them effectively. Key Takeaways Recognize early signs of conflict, such as passive resistance or disengagement, and address them proactively to pre…

A customer experience strategy is crucial for enhancing every interaction a customer has with your brand, from their first encounter to post-purchase support. It helps identify pain points and improve satisfaction, leading to greater loyalty and retention. By aligning your business goals with customer needs, you can cultivate long-term relationships that boost sales. Comprehending the key components of an effective CX strategy can transform your approach—so what are these components, and how can they impact your business? Key Takeaways A Customer Experience (CX) strategy is a structured approach to enhance interactions at every touchpoint, improving overall satisfacti…

Purchasing a franchise can be a wise investment for several reasons. You gain access to a proven business model, which lowers the risks associated with starting a new venture. Franchisors provide extensive training and support, ensuring you have the skills needed to succeed. Furthermore, established brand recognition can attract customers quickly, further boosting your chances for profitability. Nonetheless, before making a commitment, it is crucial to evaluate various factors that could impact your decision. Key Takeaways Buying a franchise provides access to a proven business model, significantly reducing startup risks compared to starting an independent business. Ext…

In a move set to reshape the landscape of artificial intelligence for businesses, Salesforce and Amazon Web Services (AWS) have unveiled Agentforce 360 for AWS. This innovative platform, leveraging AWS’s secure global infrastructure, aims to address common barriers to AI adoption such as trust, governance, and quick return on investment (ROI). Small business owners should take note: this new offering can streamline their journey into the realm of AI, making it both accessible and compliant with industry standards. The collaboration signifies a strategic alliance that brings together Salesforce’s robust customer relationship management (CRM) expertise and AWS’s cloud-comp…

When you’re ready to apply for your business name, it’s important to follow a structured approach. Start by ensuring your desired name isn’t already in use, as this can save you time and potential legal issues. Next, you’ll need to understand the registration requirements based on your state and chosen business structure. Each step is significant, and knowing what comes next can make the process smoother. Let’s explore these fundamental steps in detail. Key Takeaways Conduct a thorough business name search to ensure uniqueness and avoid conflicts with existing businesses and trademarks. Determine the appropriate business structure, such as LLC or Sole Proprietorship, …

In relation to managing inventory, comprehension of the different types of systems available is vital for your business. Manual systems are simple and low-cost, but they can lead to errors. Periodic systems require regular physical counts, which can be labor-intensive. Conversely, perpetual systems provide real-time tracking, fundamental for high-volume operations. Each type has its own benefits and drawbacks, influencing how you manage stock levels and fulfill customer demands. What might be the best fit for your needs? Key Takeaways Manual Inventory Management Systems use basic tracking methods like spreadsheets, suitable for small businesses but prone to errors and…

Defining your value proposition is vital for standing out in today’s competitive market. Start by identifying your audience’s specific needs and pain points, as this will form the foundation of your approach. Next, analyze your competitors to pinpoint gaps in their offerings. Once you understand these elements, you can articulate how your products uniquely meet customer needs. This process will lead you to a compelling value proposition that resonates. What comes next is fundamental for validation. Key Takeaways Identify your target audience’s specific pain points through market research and customer feedback to ensure relevance. Analyze competitors to find gaps in th…

Salesforce has unveiled powerful new tools designed to enhance the visibility and performance of AI agents, an advancement that holds significant implications for small businesses looking to optimize their operational efficiency and customer interactions. As the adoption of AI technologies surges, the ability to monitor and analyze agent behavior is becoming a critical requirement for organizations aiming to scale effectively. The post-deployment phase of AI agents often represents a challenge for businesses. After launching their first agents, organizations face the daunting task of ensuring these entities operate efficiently and effectively in real-world scenarios. Sal…

When you’re looking to improve your video projects, accessing high-quality free clips can greatly boost your edits. There are numerous platforms offering an extensive library of stock footage, from breathtaking nature views to engaging animated backgrounds. These clips are pre-licensed, allowing for commercial use without the worry of copyright issues. Comprehending how to download and utilize these resources effectively can streamline your creative process. Let’s explore some of the best options available for your next project. Key Takeaways Access over 6.6k free stock video clips in stunning 4K and HD quality, ideal for various editing projects. Young Ronaldo 4K cli…

In relation to onboarding new employees, having a well-structured strategy is essential. You should start with preboarding activities before their first day to set expectations and ease anxieties. An effective program includes regular check-ins during the initial month, helping assess their comfort and engagement. Incorporating company values early on and leveraging technology can streamline processes and improve the experience. Grasping these elements will help you create a thorough onboarding plan that supports new hires effectively. Key Takeaways Initiate preboarding activities with welcome kits and “what-to-expect” emails to reduce anxiety and set clear expectatio…

When crafting surveys, you can improve the quality of responses by incorporating effective answer examples. For instance, when evaluating job satisfaction, consider providing a satisfaction scale with descriptors like “very satisfied” or “very dissatisfied.” Furthermore, for open-ended questions, prompts such as, “Can you share a specific instance?” can encourage detailed feedback. These strategies not just clarify expectations but likewise lead to more targeted insights, which can greatly improve your survey outcomes. What other techniques can you explore? Key Takeaways Use a satisfaction rating scale (1 to 10) to quantify feedback and gauge employee sentiments effecti…

Service inventory management is a critical process that guarantees you have the right materials and resources available to deliver services effectively. It helps balance supply and demand, preventing stockouts and overstocking, which can disrupt operations. Comprehending its key components and benefits can greatly improve your business’s efficiency and customer satisfaction. As you explore this topic, you’ll uncover the challenges faced and best practices that can lead to enhanced service delivery and profitability. Key Takeaways Service inventory management oversees materials and resources to ensure efficient service delivery and minimize operational costs. It aims t…

If you’re exploring franchising opportunities, you’ll find several companies that stand out in the market. From The UPS Store‘s reliable courier services to Chick-fil-A‘s exceptional customer service, each brand offers unique advantages. Other notable options include Papa John’s and McDonald’s, which emphasize quality and innovation. As you consider your investment, it’s essential to weigh these factors carefully. Next, let’s look at the other franchises that could be a great fit for your business ambitions. Key Takeaways The UPS Store: Offers extensive support and a strong community presence, with startup costs ranging from $240,959 to $508,472. Chick-fil-A: Known for …

If you’re a manager looking to improve your leadership skills, several training programs can provide valuable insights and practical strategies. From the American Management Association’s thorough offerings to Babson College’s customized feedback approach, these programs cover various important areas. Harvard’s customized training addresses real business challenges, as well as the Center for Creative Leadership and Dale Carnegie focus on experiential learning. Comprehending emotional intelligence and effective communication are important too. Explore these options to raise your leadership effectiveness. Key Takeaways The American Management Association offers a variet…