The latest in notary, Apostille, and business news from New York, NY.
With inflation and rising prices, higher wages and employee benefits, and other pressures on profitability, it’s essential for small businesses to look carefully at ways to reduce expenses. In some cases, it’s merely eliminating fat—big or small—from the budget; in others, it’s adopting different business practices that are less costly. The more you cut, the better your bottom line. And reducing outlays eases up on cash flow demands.
Read MoreA price strategy is every bit as important as what you’ve got to sell. After all, they dictate what you will charge for the goods and services you have on the market. In the end, getting these pricing strategies right is a bit of a balancing act. You’ll need to find that sweet spot between market demand and maximum profits.
Read MoreThis week, we came across new information in the MetLife & U.S. Chamber of Commerce Small Business Index indicating just how much the average small business owner works in a week.
The number is not healthy, according to our report this week. In fact, working the 70 hours a week that many small business owners are logging is leading to burnout. And burnout means that while you may be putting in more hours, they may not be the most productive. Or worse, they could be to you and your business’s detriment.
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