Category: Small Business

Mental health of small business owners declining says new report

Canadian entrepreneurs’ mental health has declined “significantly” over the past year amid rising costs and poor work-life balance, suggests a new report by the Business Development Bank of Canada (BDC).

The Crown corporation’s survey of some 1,500 small business owners found roughly 45 per cent of respondents reported feeling mental health challenges at least weekly, up seven percentage points from the previous year.

As well, more than half of the entrepreneurs surveyed cited inflation as a source of stress. A similar proportion, roughly 54 per cent, indicated a poor work-life balance was leading to negative mental health outcomes.

“Canadian entrepreneurs

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Wilkes Small Business Center gets a big honor

WILKES-BARRE —The Wilkes University Small Business Development Center got a major bragging right Monday, winning the US Small Business Administration’s Eastern Pennsylvania Small Business Development Center Excellence and Innovation award.

Several big names in the small business world gathered for a Monday morning presentation at the center, situated on the corner of South Main and East Northampton streets: Pennsylvania SBDC Lead Office Director Ernie Post, SBA Eastern Pennsylvania district director Steve Dixel and Deputy District Director Michael Kane, and the director of Wilkes’ SBDC Dorothy Lane.

“It’s wonderful to have the privilege to recognize the achievements of our resource partners

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Protein Fudgesicle – Maria Mind Body Health

Remember Fudgesicles? I LOVED them!

My easy protein fudge cycles are not only awesome for all of you, but for your children! If you have children who are picky eaters and don’t eat enough protein, make them my protein fudge cycle! Better yet, have your children make them! Yes, these healthy fudgesicles are so easy, your children can make them! Kids are more likely to eat something new if they make it!

All they need to do is measure and toss the ingredients into a blender! The hardest part is the wait!

HOW TO MAKE KETO PROTEIN FUDGESICLES

To make

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Small business confidence is up, but inflation concerns linger

Inflation is a top concern for small business owners, a new CNBC survey finds

While the mood on Main Street has brightened, concerns about the economy, stubborn inflation and the banking system are weighing on small business owners, according to the latest quarterly survey from CNBC and Momentive.

Small business confidence for the second quarter rose slightly to 46 from 45 in the first quarter, although that still remains below the baseline for optimism. Forty percent of owners describe their current business conditions as good, up from 34% in the first quarter and nearly half (46%) say they project revenue to increase in the next year.

But just 21% said they’d describe the economy

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Shoppers mourn as popular grocer and rival Whole Foods prepare to close for good

LOCAL shoppers will lose another beloved small business that is set to shut down after years of providing healthy, natural groceries to the community.

Nature Market, a popular Long Island, New York grocery store chain, will close one of their four locations around the week of May 18.

long Island shoppers mourn as popular grocer and rival Whole Foods prepare to close for good

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long Island shoppers mourn as popular grocer and rival Whole Foods prepare to close for goodcredit: Getty
Nature Market, a popular family-owned grocery store chain, will close one of their four locations around the week of May 18

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Nature Market, a popular family-owned grocery store chain, will close one of their four locations around the week of May 18Credits: Google Maps

According to their website, the family-owned grocery store

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Readers are Leaders – PHE America

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I am not sure where I first heard the phrase “readers are leaders” but it is something that has stuck with me throughout my entire life. I am now in my second year of retirement from teaching and coaching after 37 years of doing both. As I have thought about what to do in my retirement, one thing that keeps coming back into my mind is the need to read some great books. I have always believed that reading can help you become the best version of yourself for others. When you are busy with coaching and teaching, like I

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Briones: Commercial rent free-for-all is hurting our small businesses

Far too many have closed due to unfair practices and disputes in which the power dynamic favors sometimes-uncrupulous landlords.

Published May 04, 2023 • Last updated 1 day ago • 5 minute read

Many Ottawa small businesses can't afford to renew their leases because there is no cap on commercial rent increases — unlike on residential rent hikes.
Many Ottawa small businesses can’t afford to renew their leases because there is no cap on commercial rent increases — unlike on residential rent hikes. Photo by Ashley Fraser /Postmedia

The pandemic shed light on issues affecting small-business owners that the general public was not aware of before COVID: labor shortages, the high cost of

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New Strategies to Help Small Businesses Survive a Recession

Opinions expressed by Entrepreneur contributors are their own.

Fifteen years ago, the collapse of the US housing market led to the Great Recession — a prolonged, painful economic downturn that caused businesses to close and people to lose their homes. The Great Recession was particularly disastrous for small businesses. The number of startups founded in the years following the financial crisis plummeted, and 1.8 million small businesses went out of business entirely during the two-year period between December 2008 and December 2010.

In our current environment, many economic observers are sounding the alarm about another potential recession. Inflation, supply chain

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