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…
Tag: small business insurance
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…
Experts predict trends and challenges
By Rieva Lesonsky The future looks bright for small businesses, but 2023 will have challenges in stores, too. getty 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…
DoD releases Small Business Strategy > Air Force > Article Display
WASHINGTON (AFNS) — The Department of Defense released its Small Business Strategy Jan. 26. The strategy promotes a strong, dynamic, and robust small business industrial base by focusing on reducing barriers to entry, increasing set-aside competitions, and leveraging programs to grow the industrial base. “From manufacturers providing the critical parts that…
BBB: Advertising ideas for your small business | business
With so many small businesses emerging every day, it can be challenging to stand out from the competition and attract consumers’ attention. As a small business owner, you likely already understand the importance of promoting your business, but you may not know where to start or how you should be investing your advertising dollars. Below,…
4 Things All Small Business Owners Should Know in 2023
Opinions expressed by entrepreneur contributors are their own. The beginning of a new year often comes with a laundry list of goals and to-dos, which can quickly become overwhelming if you try to tackle too much, too fast. I’ve always approached resolutions by setting short and long-term goals spanning the entirety of the year —…
Have a Small Business With a Partner? Key-Life Insurance Needs to Be a Top Priority
Image source: Getty Images Key-life insurance can protect your small business partnerships. Key points Key-life insurance policies pay out benefits in the event that one of the owners of a business dies. This also allows for a smooth transition of ownership in the event of disability or critical illness. If you run a small business…
US small-business sentiment skids to a half-year low
(Reuters) – US small-business confidence slid to a six-month low in December, according to a survey on Tuesday, which also showed that inflation and worker shortages remained major issues for firm owners. The National Federation of Independent Business (NFIB) said its Small Business Optimism Index fell 2.1 points to 89.8 last month – the lowest…
