Wednesday, February 8

Business

How doughnut shops became a sweet American Dream
Business

How doughnut shops became a sweet American Dream

The mom-and-pop doughnut stores that dot California's strip malls carry mostly the same mouth-watering doughy delights. But beyond the rows of glazed, chocolate and sprinkles lies a different kind of richness, in the stories of the Americans behind the counter.Roughly 80% of doughnut shops in southern California – that's well over a thousand – are owned by Cambodian refugee families. They arrived in America in the late 1970s and early '80s seeking safety as the Communist Khmer Rouge committed genocide in Cambodia's killing fields. Millions were executed or disappeared. Many who escaped settled in California, and found work in doughnut shops.  About 80 percent of doughnut shops in southern California are owned by the families of Cambodian refugees, who came to the St...
Managing Inflation and How to Raise Your Prices – Small Business Show 360
Business

Managing Inflation and How to Raise Your Prices – Small Business Show 360

Everything is more expensive this year. With record-setting inflation hitting all of our wallets, how can Small Business owners manage increasing supply costs while still keeping their customers happy? We included some tips about managing inflation in episode 351 back in October, but with inflation sticking around longer than first anticipated, it’s worth revisiting and expanding on that topic. The Producer Price Index rose to 9.6% year-over-year, the largest increase in history. Let’s figure this out together on episode 360 of The Small Business Show with your hosts Dave Hamilton and Shannon Jean. 00:00:00 Small Business Show #360 for Wednesday, December 29, 2021 00:9:53 SPONSOR: Napjitsu. We love power naps here at SBS, and we know you do to. Napjitsu is a new way to recharge your bod...
Handling Cash Flow and Your Bank Relationship » Succeed As Your Own Boss
Business

Handling Cash Flow and Your Bank Relationship » Succeed As Your Own Boss

Poor cash flow management can put you out of business. This article will discuss various strategies for handling cash flow, including securing bank loans and lines of credit, to start and grow your small business. Keeping Track of Finances Want to know the key to handling cash flow? Staying on top of your monthly statements.  By the fifteenth of every month, you should have a current balance sheet, profit and loss statement (P&L), and a cash flow statement. These will tell you what your business did in revenues and expenses for the previous month. Your bookkeeper or accountant should produce these three statements for you each month.  Falling behind in this paperwork is dangerous to the health of your business. You need accurate financial information to make sound business decisions. F...
5 Reasons a Virtual Business Address Makes Financial Sense
Business

5 Reasons a Virtual Business Address Makes Financial Sense

A virtual business address refers to an address that you use for your business that is not your physical address. There are organizations that have a physical office with a physical address. They share the address with others permitting them to use it as their address. By doing so they are allowing other businesses to have a business address without being physically present at the address. This is a convenient option for a home business that needs an address for the records. We look at five reasons why it makes sense for to get a virtual business address for your business. After going through these reasons, you will understand why you should consider booking a virtual business address. photo credit: Pixabay 5 Reasons to Get a Virtual Business Address Finding the right virtual business add...
Two Warriors Meadery to Rebuild After Fire Guts Business | Louisiana News
Business

Two Warriors Meadery to Rebuild After Fire Guts Business | Louisiana News

By BONNIE BOLDEN, The News-StarWEST MONROE, La. (AP) — “I will never accept defeat. I will never quit.”Those statements are part of the U.S. Army Soldier’s Creed, so it’s unsurprising that two Army vets would take that approach after losing their business.In December 2019, Curtis Sims and Cameron Myers opened Two Warriors Meadery in West Monroe, the first such facility in the state.Mead is an alcoholic beverage created by fermenting honey with water, sometimes with various fruits, spices, grains, or hops.Political CartoonsTwo Warriors sold out in their first weekend and expanded production to include distribution around the state. In February, they bought the building they opened in West Monroe. They made their first payment on the building in late March, and on March 31 a fire started in ...
Creating Recurring Revenue Streams for Your Small Business – Small Business Show 362
Business

Creating Recurring Revenue Streams for Your Small Business – Small Business Show 362

Can you create a subscription or other recurring revenue program based on your existing products or services? Join us today on The Small Business Show as we discuss why recurring revenue can help both your business and your customers. Listen to your hosts Dave Hamilton and Shannon Jean as they discuss creative methods to add recurring revenue to your Small Business.       00:00:00 Small Business Show #362 for Wednesday, January 12, 2022 00:02:06 Choosing Your Path With Your Attorney Sponsors 00:17:11 Creating Recurring Revenue for your Business Stable, Predictable, and Scalable! Recurring Revenue Ideas: Members pay less! Auto-renews Mastermind Group Courses, Books Things to get: 00:34:27 SBS 362 Outtro Podcast: Play in new window | Download (Duration: 35:36 — 24.8MB) | EmbedS...
How to Promote Your Music on iTunes
Business

How to Promote Your Music on iTunes

In order to increase your sales and promote your music, you should use a variety of marketing tactics. One of the best options is to contact a freelancer. Freelance services often charge up-front for their services, which makes them a great choice for smaller budgets. You also have the benefit of direct contact with the freelancer. Social networking sites such as Twitter and Facebook can be used to promote your music on iTunes. If you want experts to promote your music you should use the services at iTunes Exposure. The professionals can get your music heard around the world. They have helped artists worldwide since 2003. Visit iTunesExposure.com for more details. Features Apple Music is a free streaming service that helps users find new music. Apple Music licens...
How Text Marketing is the Secret Sauce for Retailers » Succeed As Your Own Boss
Business

How Text Marketing is the Secret Sauce for Retailers » Succeed As Your Own Boss

#Smallbizchat Podcast LIVE is a monthly video interview show where small business owners can get answers to their questions. The focus of #Smallbizchat is to end small business failure by helping participants succeed as your own boss. Please join us live every third Wednesday of the month from 8-9 pm ET Live on my SmallBizLady Facebook Page, YouTube Channel and LIVE on Twitter.  Barbara Casey is a customer engagement and text marketing expert. She has 30 years of marketing experience. She was a member of the team which launched the very first frequent buyer program in the country for AT&T. She is the CEO of Mobile High 5, which provides full-service SMS marketing solutions. For more information:    SmallBizLady: What is the biggest benefit to adding a text marketing program?  Barbar...
Turning Your Hobby into a Business? Here is What You Need to Know
Business

Turning Your Hobby into a Business? Here is What You Need to Know

Do you dream of one day quitting your job and following your passion in life? You can do it! Many successful entrepreneurs turned their hobbies into profitable businesses. Do you have a hobby? Doing the things you love keeps you engaged with life, gives your mind a focus, and helps you enhance your concentration. Investing time in your hobby also provides you with a great way to relax, unwind, and relieve daily stress. photo credit: Giulia Bertelli / Unsplash You shouldn’t be ashamed of your hobby even if your friends and family don’t share it. Only because they find interest in something else doesn’t mean that no one in the world shares the same interests that you do. In fact, millions of people engage in the same hobby as you do daily. So if you thought that no one shared your enthusias...
Central Maine business briefs: Maine State Credit Union raises more than $48,000 to end hunger
Business

Central Maine business briefs: Maine State Credit Union raises more than $48,000 to end hunger

Maine State Credit Union Team FeedME5K from left are Mitch Ryan, Jami Lane, Celyna Robbins, Shawn Spedea, Tiffany Lowther, Meredith McGrath, Jennifer Roper, Alex Guiou, Stephen Wallace and Stacey Dow. Submitted photo AUGUSTA — Maine State Credit Union’s annual FEED ME 5K walk to end hunger in Maine raised more than $48,000 on April 23 to help those in need. It was the first in-person walk since 2019. Maine State Credit Union has held a virtual event for two years, according to a news release from the credit union. “It was so nice to see everyone in person and the smiles on their faces,” said Stacey Dow, co-chair of Social Responsibility at Maine State Credit Union. “We had over 100 people walk with us in person this year; it is nice to be back after having to make it a virtual event for...