Category: Small Business

Quebec small businesses raising prices to fight inflation

A large proportion of Quebec small businesses (SME) still say they have to raise their prices to fight inflation, according to a new study by the Canadian Federation of Independent Business (CFIB).

The survey, published Monday, compares results from January with those from the same period in 2022.

It reports that nearly two-thirds of executives surveyed last month say they are experiencing significant impacts from inflation, up four points from a year earlier.

To cope with the inflationary environment, 73 per cent said they would have to raise prices, a similar proportion to 2022.

However, the survey shows that more

…
Read More

Healthy Valentine’s Day Gift – Maria Mind Body Health

Valentine’s Day is coming!

Say what you will about Valentine’s Day, but I do love making it special. I get healthy gifts for all of my boys to make it special. It’s a day for love and I like to show my boys how much I love them.

HEALTHY GIFTS THAT “KEEP ON GIVING”

I love gifting the “Gift that Keeps Giving the All Year Long” as cousin Eddie would say! And a sauna blanket is the perfect gift to give to your loved one! Not only because every time they use it, they will think of your generosity, but

…
Read More

Small Business Owners Call on Congress to Fix Federal Program Deficiencies

On the eve of President Biden’s State of the Union address, small business owners delivered their own message to the 118th Congress: government programs designed to help small businesses are failing them, and Congress must take bipartisan action to reauthorize the US Small Business Administration.

The new Goldman Sachs 10,000 Small Business Voices a survey released on Monday revealed that 70% of small business owners in the US give the federal government a “C or below” grade for the effectiveness of its programs, services, and tax credits available to small businesses. In addition, 85% give the government the same bad

…
Read More

Editorial Board Announced for 2023 – PHE America

Screen Shot 2023-02-10 at 7.22.14 AM

PHE America has announced its editorial board members for 2023. The Editorial Board is composed of professionals in higher education interested in serving as reviewers to offer writers constructive feedback in preparing their articles for publication. Editorial Board members serve both PHE America and Sport Coach America.

The six-member board includes Brian Sather, a professor at Eastern Oregon University; Editor-in-Chief, Pete Van Mullema professor at Lewis-Clark State College and director of Sport Coach America; Rory Weishaaran associate professor at Central Washington University; Jessica Savagean instructor at Lewis-Clark State College; Aubrey Shaw, an academic program advisor

…
Read More

How Small Businesses Can Beat the Big Companies to Top Talent

Opinions expressed by Entrepreneur contributors are their own.

Finding the perfect job candidate can take a lot of work for a small business or startup. With the current competitive market, small businesses find it harder to attract top talent than larger, more established companies. In a survey of small business owners by NFIB Research Foundation, 44% of respondents said that they had few or no qualified applicants for open jobs.

Small businesses might struggle to find top talent for plenty of reasons, such as increased competition, social media inactivity or failure to connect with recruits on a personal level. If

…
Read More

Mastercard Survey: Canadian Small business owners are optimistic about the potential of open banking, the majority want it tailored to their needs – Mastercard

  • Small business owners are already prolific users of digital financial tools and want better access to innovative fintech to take control of their finances.
  • Diverse small business owners rely on digital tools and technology now and are most enthusiastic about open banking’s future potential.
  • A secure platform that streamlines financial tasks and guards against fraud ranks as the most important feature for open banking.

TORONTO, Feb. 9, 2023 /CNW/ – Small business owners in Canada are increasingly adopting digital financial tools and technology into their day-to-day operations to drive growth, streamline processes, and improve security, according to new Mastercard

…
Read More

Nearly a quarter of Alberta small businesses at risk of closure: CFIB

New data from the Canadian Federation of Independent Business (CFIB) shows many Alberta small businesses have worsening optimism ahead of the new year, while nearly a quarter are risky closure.

According to the CFIB’s small business recovery dashboard, 24 per cent of small Alberta businesses are at risk of closing their doors — the highest in the country.

Manitoba followed Alberta with 20 per cent of its small businesses risk closure, followed by BC, Ontario and PEI at 19 per cent.

CFIB Alberta director Annie Dormuth told Global News the retail, agriculture and construction sectors have felt the biggest impacts.

…
Read More

Experts predict trends and challenges

By Rieva Lesonsky

Many small business owners expected 2022 to be a year of recovery after two years of struggling to survive a global pandemic. But inflation, fears of a recession, a still unreliable supply chain, and a nation at nearly full employment resulting in a tight job market all grew large, dampening many of our goals.

As we enter 2023, the outlook seems somewhat brighter for small business owners. I talked to several small business experts to get their advice, insights and predictions

…
Read More