Getting Started

Elizabeth Gore, business leader, humanitarian, and co-founder and President of Hello Alice, has launched a new weekly video podcast with Yahoo Finance titled The Big Idea with Elizabeth Gore. The show focuses on providing small business owners with the knowledge and resources needed to turn their ideas into reality. The podcast aims to share entrepreneurial stories and inspire listeners by arming them with actionable information to grow their businesses or start new ventures. “Entrepreneurs and small business owners drive our country’s economy forward. With a record number of small businesses launching in our communities, my goal is to help every citizen live the America…

eBay has announced the launch of its 2025 Up & Running Grants program, offering $10,000 grants to 50 small businesses across the United States. Now in its sixth year, the initiative will award a total of $500,000, along with additional resources aimed at helping entrepreneurs grow and scale their businesses. Since the program’s inception in 2020, eBay has distributed over $2.5 million in grants to 250 sellers. This year’s recipients will each receive a $10,000 cash grant, a $500 credit for eBay Refurbished, and access to a suite of coaching, tools, and educational materials. According to eBay, the Up & Running Grants program is designed to help sellers strengthe…

Key Takeaways Enhanced Efficiency: Sales quote software significantly reduces the time required to generate quotes, allowing sales teams to respond to inquiries faster and streamline processes. Increased Accuracy: Automation and customizable templates minimize errors in quotes, fostering trust with clients and enhancing professional presentations. Collaboration and Integration: The software supports better teamwork through shared templates and real-time updates, while integrations with CRM systems improve lead management and customer engagement. Customizable Solutions: Features like adjustable templates and dynamic pricing ensure that quotes cater to specific client…

Key Takeaways Brand Consistency is Crucial: Ensuring all franchise units maintain the same brand identity is essential for customer trust and brand loyalty. Effective Communication with Franchisors: Managing the relationship with your franchisor through clear communication can prevent conflicts and enhance operational support. Market Adaptation is Necessary: Staying alert to market fluctuations and consumer behavior ensures your franchise remains competitive and relevant. Financial Management Matters: Understanding and managing initial investments, ongoing fees, and operational costs is key to a franchise’s long-term success. Legal Compliance is Mandatory: Adhering…

Key Takeaways Memorability: One word business names are simple and catchy, making it easier for customers to remember and recall your brand. Brand Distinctiveness: A single-word name sets your business apart from competitors, enhancing uniqueness and market presence. Emotional Connection: One word names can evoke strong emotions, fostering a deeper relationship with your audience and increasing customer loyalty. Simplified Marketing: With concise communication, one-word names convey your brand’s essence clearly, which aids in effective digital marketing strategies. Trademark Protection: A unique one-word name facilitates easier trademark registration, safeguarding …

SCORE, the nation’s largest network of volunteer business mentors, issued an urgent plea to lawmakers on Tuesday following the proposed elimination of its federal funding in the President’s Fiscal Year 2026 Discretionary Budget Request. The organization warns that without this support, the mentoring services it provides to hundreds of thousands of small business owners could be in jeopardy. According to SCORE, the cut would directly threaten the organization’s ability to serve the more than 300,000 small business owners and entrepreneurs it reaches annually across all 50 states and U.S. territories. “America’s small business success story has included SCORE for 61 years…

Key Takeaways Definition of Solopreneur: A solopreneur is an individual who independently operates a business, taking on all roles from management to execution, which allows for complete creative control and flexibility. Unique Characteristics: Solopreneurs exhibit traits like independence, autonomy, and operational flexibility, enabling them to adapt quickly to market changes and make critical business decisions without relying on a team. Business Structure Differences: Unlike traditional entrepreneurs, solopreneurs often operate under simpler structures like sole proprietorships or LLCs, managing all aspects of their business without employee-related overhead. Ben…

Key Takeaways Community Focus: The Main Streets Contest emphasizes the importance of local businesses and community engagement in revitalizing neighborhoods, showcasing their unique charm and cultural significance. Participation Benefits: Engaging in the contest enhances visibility for small businesses, fosters collaboration, and can lead to new opportunities for growth and networking among local entrepreneurs. Categories of Evaluation: Entries are assessed based on community engagement, aesthetic appeal, and economic impact, highlighting the various aspects that contribute to a successful main street transformation. Successful Case Studies: Notable past winners dem…

While the current President implements his “on again off again” tariffs, small businesses will still have to deal with the highest tariffs on imported goods in the last 80 years. On The Small Business Radio Show this week. I talked with Dominick Miserandino, who is the CEO of Retail Tech Media Nexus. He breaks down what the tariffs are, how they will affect consumers and what actions small businesses need to take. Understanding Tariffs What Are Tariffs? I begin the episode by asking Dominic to explain tariffs in simple terms for small business owners. Dominic clarifies that a tariff is essentially a tax imposed on imported goods. When a small business imports products…

Key Takeaways Understand the Demographic: Grandparents significantly influence holiday gift-giving and family traditions, making them a vital target for holiday marketing efforts. Recognize Their Buying Power: A large portion of holiday spending is attributed to grandparents, highlighting the importance of tailoring marketing campaigns to resonate with their needs and preferences. Emphasize Connection: Effective marketing strategies should focus on products and experiences that foster meaningful connections between grandparents and their grandchildren, such as personalized gifts and shared experiences. Utilize Effective Channels: Engage with grandparents through pop…

TeamViewer, a global provider of remote connectivity and workplace digitalization solutions, has announced a new initiative offering free one-year licenses of TeamViewer Remote to eligible women-led startups and small businesses. This initiative, launched in celebration of International Women’s Day, aims to support female entrepreneurs by providing secure remote access and IT support capabilities. The offer is available through March 31, 2025, for businesses with a female CEO or co-founder. Eligible businesses must have between 5 and 31 employees, be no more than 10 years old, and be registered in the United States, the United Kingdom, or Germany. Additionally, businesse…

Key Takeaways Understand Monograms: Monograms are personalized designs combining letters, offering a unique branding element that resonates with customers and enhances product appeal. Market Demand: There is a growing demand for personalized products, making it a lucrative opportunity for entrepreneurs. Tailoring offerings to customer preferences can boost acquisition and retention. Research and Planning: Conduct thorough market research to identify your target audience, analyze competitors, and develop a comprehensive business plan that outlines your business model and growth strategies. Choose Your Niche: Selecting a specific niche helps differentiate your busines…

Key Takeaways Definition of Gig Economy: The gig economy consists of short-term engagements and flexible jobs often facilitated by digital platforms, allowing workers to earn money on their own terms. Flexibility and Independence: This work model enables both workers and businesses to adapt quickly, with gig workers enjoying the freedom to choose their projects and companies being able to scale their workforce as needed. Technology Utilization: Digital platforms and recruitment software play a crucial role in connecting businesses with gig workers, streamlining the hiring process and enhancing compliance with labor laws. Diverse Job Types: Freelancing and temporary …

Gasoline prices are on the decline despite the approach of peak travel season, according to AAA. The national average price for a gallon of gas has dropped by three cents over the past week, settling at $3.15 as of May 8. This marks a decrease of nearly 49 cents compared to one year ago. AAA attributes the decrease to a lull in demand between spring and summer travel periods. Additionally, OPEC+ recently announced it will increase oil output again in June, expanding the global supply surplus. This development could contribute to further declines in crude oil prices, potentially keeping pump prices low for summer travelers. National Averages and Demand Trends The followi…

Key Takeaways Lucrative Opportunity: Buying a FedEx route presents a viable business prospect thanks to the surge in e-commerce and package delivery demand.Types of Routes: Understand the different FedEx routes—Line Haul, Delivery, and Home Delivery—to align your investment strategy with market demands.Consistent Revenue: Owning a FedEx route offers a proven revenue stream, with potential annual earnings ranging from $100,000 to $500,000, depending on various factors.Established Customer Base: Purchasing a route typically includes an existing customer base, reducing acquisition time and ensuring immediate cash flow from day one.Critical Evaluation: Assess route performa…

On this latest episode of Small Biz Breakdown, the panel discusses numerous headlines that are affecting small business owners, from tariffs to the economy in general. Some of our panelists are optimistic about the future and others are not feeling that vibe right now. In other news, the panel discusses some of the big news coming out of the recent Zoholics event, specifically Zoho Payments. They also talk about their thoughts on payment processing as small business owners themselves. Check out what else the Small Biz Breakdown crew is talking about in the latest episode right here … Small Business News Roundup Here are the latest headline for small business owners ……

Saltbox, the Atlanta-based co-warehousing and logistics company, announced the launch of its new Access Plan on May 22, 2025, aiming to lower the barrier of entry for small and emerging product-based businesses looking for flexible logistics and workspace solutions. The Access Plan is a new, low-cost membership tier that allows entrepreneurs to work onsite at any Saltbox location and access key logistics services without the commitment of leasing a dedicated warehouse suite. With this plan, Saltbox seeks to broaden its reach and empower a wider range of business owners, including solopreneurs, ecommerce startups, and early-stage brands. “At Saltbox, our mission is to re…

The Internal Revenue Service issued a reminder Thursday that individuals and businesses in certain disaster-declared areas have until May 1, 2025, to file their 2024 federal income tax returns and make tax payments. The automatic extension applies to taxpayers in parts of twelve states affected by federally declared disasters in 2024. The IRS emphasized that taxpayers do not need to contact the agency to receive this relief. “If a taxpayer’s address of record is in a disaster area locality, individual and business taxpayers automatically get the extra time without having to ask for it,” the IRS stated. Who Qualifies for the May 1 Extension? The May 1 deadline applies to…

A Las Vegas woman has pleaded guilty to conspiring to defraud the U.S. government by submitting fraudulent tax refund claims for COVID-19 employment tax credits, securing $33 million in improper payouts from the IRS. According to court documents, Candies Goode-McCoy conspired with others from June 2022 through September 2023 to file approximately 1,227 fraudulent tax returns claiming refundable employment tax credits, including the employee retention credit (ERC) and paid sick and family leave credit. The total fraudulent claims amounted to over $98 million, with the IRS disbursing approximately $33 million before the scheme was uncovered. McCoy personally received over…

Key Takeaways Understand Blogging Basics: Grasp the fundamentals of blogging, including its purpose and the various types of blogs, to tailor your content strategy effectively. Choose Your Niche: Select a niche that aligns with your passions and expertise, and identify your target audience to create valuable content that resonates with readers. Pick the Right Platform: Evaluate blogging platforms for customization, ease of use, and support features to establish a professional online presence. Create Quality Content: Focus on producing engaging and well-researched articles that provide valuable insights, utilizing storytelling and visuals to captivate your audience. …

The Internal Revenue Service (IRS) is urging taxpayers to exercise caution when selecting tax professionals, warning that while most preparers are reputable, some engage in fraud, identity theft, and other scams. The agency emphasizes that taxpayers remain legally responsible for their tax returns, even if prepared by someone else. IRS Resources for Selecting a Tax Professional To help taxpayers make informed choices, the IRS offers several tools, including: The Directory of Federal Tax Return Preparers with Credentials and Select Qualifications, which lists preparers who meet high professional standards. A dedicated page on IRS.gov with guidance on choosing a reputabl…

Key Takeaways Understanding Bad Behavior: Recognize that bad behavior, including gossip, negativity, and disrespect, disrupts team dynamics and productivity, leading to a toxic work environment. Identifying Common Types: Familiarize yourself with common misconduct such as poor communication, failure to collaborate, and not meeting deadlines to proactively address these issues. Impacts on the Organization: Acknowledge the negative effects of bad behavior on employee morale, work-life balance, interpersonal conflicts, employee retention, brand reputation, and overall operational efficiency. Effective Management Strategies: Implement strategies such as documenting beha…

Key Takeaways Innovation at the Core: Scott Jordan founded SCOTTeVEST to address the problem of carrying multiple devices, pioneering tech-enabled clothing that enhances travel experiences. Adaptability and Problem-Solving: Scott emphasizes the importance of adaptability in business, highlighting how personal experiences can fuel innovative solutions. Strong Business Strategy: Developing a focused business model, effective budgeting, and leveraging customer feedback are critical for sustained growth and operational efficiency. Team Management and Communication: Effective leadership, clear communication, and conflict resolution skills are essential for fostering coll…

Key Takeaways User Engagement: Encourage user-generated content and actively engage with your audience to foster community and trust across your social media platforms. Creative Campaigns: Implement unique campaign ideas such as hashtag challenges and storytelling through video content to captivate your audience and improve brand visibility. Leverage Influencers: Collaborate with influencers who align with your brand to extend your reach and introduce your products to new potential customers. Data-Driven Decisions: Regularly monitor social media analytics to understand audience behavior and optimize campaigns, ensuring ongoing engagement and improved performance. C…

Key Takeaways Delivery as a Necessity: Offering delivery services has become essential for restaurant owners to meet changing consumer preferences and boost sales. Expanded Revenue Opportunities: Partnering with third-party delivery platforms can significantly increase customer reach, often leading to higher average order values compared to in-house dining. Focus on Quality and Convenience: Ensuring high food quality during transit and providing a seamless ordering experience are crucial for customer satisfaction and loyalty. Challenges in Logistics: Managing delivery logistics and balancing in-house dining with delivery orders can strain restaurant operations, espe…