The State of Small Business ๏ฟผ

The chamber is the Voice of Business and as the Voice of Business, thereโ€™s something we feel the need to express to everyone in this community. Inflation is being felt everywhere, from Fortune 500 companies to solopreneurs just starting out. 

However, the difference between large-scale companies and smaller ones are their reserves. According to JP Morgan Chase, the average small business runs with only 27 days of operating expenses in reserves. Increases in utilities, goods and services, real estate, and gas costs; supply chain issues impacting delivery; and employee shortages have taken a toll on businesses, especially our smaller ones.

In this challenging time, while you are dealing with your own concerns over stretching your paycheck, we want to share some things you might not realize.… Read the rest

5 Professionals You Need on Your Small Business Team Blog Header Template 7

If youโ€™re a small business owner without the resources to hire a large full-time team, you can still meet your business needs through freelancing or turning to independent business professionals. This can be an economical way to accomplish your goals without having to cover the cost of full-time employees. 

5 Professionals Every Small Business Needs

Even if your budget is strapped, a successful business requires the services of the following types of professionals. These professionals do things that you donโ€™t need to (or shouldnโ€™t be doing on your own). Theyโ€™ve spent years learning their trade and can help you avoid that costly learning curve or even costlier mistakes.

If you are ready to hire one of these people but youโ€™re not sure where to find one, your chamber of commerce can help.… Read the rest

6 Ways to Make Your Business Stand Out During a Local Event Blog Header Template 8

Does your town host a Wine Walk, Holiday Stroll, First Friday, or other downtown event where they close off streets and encourage people to get out and support business? If so, you may know that those events often bring the crowds but also bring โ€œtire kickers,โ€ people who are just out for a stroll, not really interested in what you sell. Theyโ€™re just going into each business, poking around, and usually leaving empty handed.

The hard part of that is that you likely brought in full staff to ensure you had enough coverage only to deal with a lot of โ€œlookers.โ€

But it doesnโ€™t have to be that way. Here are a few suggestions on how to transform your looky-loos into looky heres.… Read the rest

How to Get Certified as a Woman-Owned Business Blog Header Template 6

If youโ€™re a woman who owns a business and youโ€™d like to apply for federal contracts, getting officially certified as a woman-owned business is essential. The federal governmentโ€™s goal is to award at least 5% of its contracts to women-owned small businesses each year. While the certification process may seem daunting, itโ€™s not that difficult if you know the basic application rules and materials needed. 

Two Kinds of Certifications

There are two types of women-owned certifications, Womenโ€™s Business Enterprise (WBE) and Women-owned Small Business (WOSB). WBE is a designation that many private sector businesses and organizations, and some state and local governments use. To be given this designation, you must apply through one of the Small Business Administrationโ€™s (SBA) third-party certification partners. … Read the rest

5 Wellness Ideas for Your Business

Whether your team works from home or in an office, whether you are a business of one or one hundred and one, taking care and making time for wellness is becoming increasingly important. Stress levels because of whatโ€™s going on in the world around us are increasing. You may not even be aware of the outside stress someone is under. 

Making sure you create an atmosphere where wellness is stressed and made a priority is critical to successful performance. Stressed out employees make more mistakes and have difficulty making good decisions. 

5 Wellness Ideas for Your Business

Host a Walking Zoom

If your team is working from home, encourage them to get outdoors for your next meeting. Ideally, they could walk and get some exercise with you but if not, encourage them to take the meeting outside (or if weather doesnโ€™t agree, encourage them to try a new spot away from their desk).… Read the rest