(800) 939-BIZX Contact Us

Topic: Business Resources

Business Resources

Low Unemployment is Great – Unless you’re a Small Business Owner

May 8, 2019 | Written by Matt Beuschlein

 

 

It’s hard to find good help, and it’s even harder to keep them. Especially for small businesses.

The unemployment rate is 3.6%, the lowest it’s been since December 1969. Which is great for workers, but bad for the smaller companies that make up the majority of U.S. businesses.

Keep Reading »

Business Resources

Forbes: A Customer Service Guide For Small Businesses

May 8, 2019 | Written by Matt Beuschlein

Having an advantage over your competition is key in today's competitive landscape. The best, and often easiest way to achieve a competitive advantage is with excellent customer service! 

Keep Reading »

Business Resources

Is Your Business Leaking Money?

June 6, 2018 | Written by Matt Beuschlein

Getting your small business off the ground can be a difficult task, and keeping it afloat and profitable can seem impossible at times, but sticking to a budget is half the battle. Even the most budget-conscious businesses can still feel like their money doesn't stretch nearly far enough, though.

That’s because businesses leak money all the time  without even knowing it.

Keep Reading »

Business Resources

Staff Turnover Can Cost You More than Empty Tables

April 2, 2015 | Written by Matt Beuschlein

Skimping on wages and not offering benefits doesn’t always equate to savings in the long run. Especially when you’re in the restaurant industry, which employs 14 million people or ten percent of the national workforce according to the National Restaurant Association.  With such a large pool to draw from, it pays to pay well, especially since the 2013 turnover ratio was 20% higher than the overall private sector average, a whopping 62.6% for the restaurant industry as reported by the Bureau of Labor Statistics.

Save yourself the headache, time and money of replacing the valuable members on your team by paying them fairly and competitively.  Let’s take a look at just how that’s done, examining average salaries within the industry and what that turnover ratio is really costing you.

Keep Reading »

Business Resources

4 Ways to Promote Your Restaurant & Fill Your Seats

March 31, 2015 | Written by Arnold Shain

For a restaurant to thrive, it is imperative that a business engage directly with their patrons. It is no secret that owning a restaurant is difficult.  Cornell and the National Restaurant Association, found that 60% of restaurants fail in the first five years of operation. To keep business running, a restaurant owner must craft a compelling story around the experience offered instead of just promoting delectable entrees. Guests want to feel as though they are investing in something that benefits them as well as getting a steal of a deal. Today’s customer base struggles to remember a time before Google, restaurants are therefore forced to adapt to create different promotions encouraging guests through their doors.

Keep Reading »

Latest Posts

Stay Updated

Subscribe to receive BizX tips, member spotlights, and other news from the community.