Here’s what small businesses, slammed by China tariffs, are doing to minimize the impact of the trade war

Christopher West Davis / October 8, 2019

The China tariffs have increased the cost of doing business for more than one third, or 37%, of small businesses across the U.S. In a recent survey by new survey by BizBuySell, 43% of small business owners said a 25% increase on tariffs in the U.S.–China trade war will increase their business costs. Of those, […]

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Growing into business analytics

Sean McBride & Mark Richards / September 26, 2019

There are several maturity stages within an organization’s data journey — from dipping your toes in the data sea, to leveraging advanced analytics techniques to drive innovation and market differentiation. Where are you on this journey — and where would you like to be? People intuitively use the lessons of the past to make better […]

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Employee Retention: How to Keep Your Best Employees Happy

Emily Heaslip / September 19, 2019

Studies have shown that salary isn’t the only perk that keeps employees satisfied with their jobs. The numbers don’t lie: retaining a great employee is crucial for small businesses. Employee turnover costs are estimated to be 33% of an employee’s annual salary. For example, if an employee makes $55,000 annually and leaves, it will cost […]

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Michigan’s attractiveness grows among aerospace manufacturers

Jessica Young / September 17, 2019

Michigan is the most attractive state in the Midwest for new aerospace manufacturing businesses. That’s according to a recent report from PricewaterhouseCoopers (PwC), a global consulting firm. The annual rankings report, which also raised the state from 8th nationally in 2018 to fourth in the 2019 report, cited the state’s “favorable corporate tax structure” and […]

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A New Tool Aimed At Small Business Allows For Real-Time Analytics

Brianne Garrett / September 12, 2019

A new free analytics tool introduced on Sept. 10 by the Atlanta-based lending platform Kabbage analyzes the live data of more than 200,000 companies in an effort to give small business owners a way to assess how their businesses are performing in real time. It’s daring to meet the demands of the ever-changing world of […]

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