As a small business owner, you may sometimes feel overwhelmed at the prospect of competing with the larger companies.’ Even though you may have a unique product or service, you may find yourself coming up against companies much larger than yours. These established firms, with their economies of scale and established market penetration, can be intimidating. So what’s a small business owner to do?
Tag Archives: advice for small business owners
Hiscox’s 8th annual DNA of an Entrepreneur Study reveals a strong bullish streak among entrepreneurs. The report, which pulls data from more than 1,000 US entrepreneurs, indicates that small business growth is surging, with 70% reporting a growth in revenue, 68% reporting a growth in profits, and 73% adding new customers. Despite this good news, a notable number of entrepreneurs are clearly dissatisfied with the political landscape.
At Hiscox, we believe that anything worth having comes with at least some risk, which is why courage is so important. This summer we challenged our photography clients to show us, through their lens, what courage means to them. We’re pleased to introduce our winners!
With at least half of all searches being conducted on mobile devices, local search engine optimization has become a critical part of marketing strategy. Google continuously looks for ways to get people the best search results for where they are. Knowing how it works will help you get the most from local search engine optimization.
Whether you are just starting out or have a few years of business under your belt, you know how important it is to keep costs in line. After all, every dollar you don’t spend goes to your bottom line and helps to make your business more profitable. So it may seem wise to cut spending wherever you can. But investing in your business over the long term is smart, and protecting your business with liability insurance can save you a lot of money in the long run.