Expanding into new markets is a thrilling prospect for any business. It offers the opportunity to reach new customers, increase revenue, and enhance brand visibility. However, entering new markets also comes with significant challenges, and one critical question that businesses must ask themselves is: “Is our brand strong enough to support this expansion?” This blog […]
A Guide to Building Retirement Savings as a Business Owner
There are lots of way to build retirement savings as a business owner. Having retirement savings is crucial to ensure financial security and independence in your later years. It allows you to maintain your standard of living, cover healthcare costs, and manage unexpected expenses without relying on others. Without adequate savings, you risk financial stress […]
Pros and Cons of Hiring Family Members in Your Small Business
It can be tricky to hire family members in your small business. It can be both rewarding and challenging. Hiring family members can bring a sense of trust, loyalty, and shared vision to your business, fostering a tight-knit team environment. However, it also comes with its own set of potential pitfalls. In this blog post, […]
Are You Keeping Your Business Commitments to Yourself?
Entrepreneurship is a spiritual journey as much as anything else. It requires making commitments that often extend beyond the promises made to employees, vendors, and clients; it also encompasses the pledges we make to ourselves. These internal commitments are the cornerstone of personal integrity, driving us toward our goals, shaping our work ethic, and ultimately […]
How to Thrive as a Small Business for 25+ Years
Surviving and thriving in the competitive landscape of running a small business is no small feat. I’m proud to say this month, we here at Quintessence Group are celebrating 25 years in business. Honestly, I can’t believe it. It really doesn’t feel like it’s been that long. In the early years, we weathered the storms […]
New Year, New Focus: Elevating Holistic Well-being for Employees This Year
Sponsored by MetLife. Early-2024 is the perfect time to outline goals for the year ahead. As business owners, many of us will have professional goals that are unique to our companies, such as growing our revenues, attracting and retaining talent, training and developing, and supporting employees with their mental health and overall well-being. New […]
Turning Resolutions into Reality: A Blueprint for Small Business Success in 2024
As the clock strikes midnight on January 1, small business owners across the globe are filled with renewed hope, setting resolutions to make the coming year their best one yet. However, the unfortunate reality is that many of these aspirations fall by the wayside as the year progresses. The biggest goal killer in business is […]
Aligning Talent Expectations with Employer Needs: Benefits in Focus
Sponsored by MetLife. As we kick off 2024, you are likely spending time thinking about your company’s objectives and plans for the year ahead. What’s top of mind for you and your team? Q1 serves as a strategic time to engage with your employees and proactively understand what’s changed over the past year. […]
Best of The SmallBizChat Podcast 2023
Welcome to the “Best of SmallBizChat Podcast 2023”! As the year comes to a close, we’re excited to present the cream of the crop – our top 10 interviews that left a lasting impact. These insightful conversations feature industry leaders, experts, and entrepreneurs sharing invaluable wisdom on navigating the challenges of small business. Join us […]
Developing Your 2023 Small Business Strategy Part 3: Why Does Strategy Fail?
Recently we’ve been on a journey to set your small business up for success in 2023. In a three-part series, I’ve been guiding you in creating a small business strategy to launch in the new year and bring your business to new heights in 2023. In part 1, I laid the foundation by explaining why […]