The Source

Small Business

Know the 5 Most and Least Profitable Industries

6 minute read

April 16, 2024

Knowing how to identify a business's profit margin is key to spotting good opportunity. But it's not always easy to spot a winner or loser. Well at least in most cases. When your Cousin Ernie...

Three Simple Questions about Expanding Your Business

4 minute read

April 9, 2024

It's a high-quality problem: Your customers love you and clamor for more. But whether that means more pizzas, more spa services, or more dental visits, is it the right time to oblige them? According to...

Is the Employee Retention Credit Taxable Income?

8 minute read

February 27, 2024

In an effort to prevent widespread unemployment, the U.S. government created the Employee Retention Credit program as a refundable payroll tax credit. While millions of employers qualify for the ERC, some have not yet claimed...

Navigating Credit Inquiries: Hard and Soft Pulls Unveiled

4 minute read

January 16, 2024

For small business owners, managing credit is a critical aspect of financial success. Understanding the nuances of credit inquiries, both hard and soft pulls, is key to making informed decisions that impact your business's financial...

5 Cool (and Very Important) Small Business Trends for 2024

5 minute read

January 9, 2024

Trends come and go, though Crocs remain. But when it comes to small business trends, developments in tech, HR practices, and sustainability, among others, are perennial. Yes, AI was all the rage in 2023, with...

Pros and Cons of Coworking Spaces

5 minute read

January 3, 2024

Coworking spaces are hardly a new trend. But recently, the combined buzz of the pandemic and the downfall of WeWork, once the largest name in the field, has helped to redefine co-working's value proposition. Did...

The Pros and Cons of a Revenue Advance

4 minute read

December 12, 2023

One of the many ways a small business can obtain funding is through a revenue advance (RA). With this funding product, you draw an advance on future sales. Since it's not a loan, the RA...

5 Reasons Why Advertising Is Essential

5 minute read

November 21, 2023

Advertising might make you think of Madison Avenue tastemakers having flashes of inspiration as they dream up catchy slogans — you know, like Mad Men. But for most small businesses, it's a much simpler (and...

Are You Ready for Small Business Saturday?

4 minute read

November 14, 2023

Recent holiday retail forecasts from the National Retail Federation (NRF) foresee modest growth in holiday spending as compared to last year, predicting a 3 percent to 4 percent increase in total sales. But there's a...