News & Views

How to Conduct a SWOT Analysis for Your Small Business

Posted in Jun, 2nd, 2020 News & Views by AMAC Small Business Solutions

As a business owner, you’ve probably heard that you need to perform a “SWOT Analysis”…  But maybe you aren’t entirely sure why or even more importantly, how to do it… Especially if you don’t even know what it is and what it means for your business. In a nutshell, doing a SWOT analysis is vital, because it…

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Cash Reserves: Turning Challenging Times into an Opportunity

Posted in Jun, 2nd, 2020 News & Views by AMAC Small Business Solutions

A crisis brings difficult challenges, but disruption can also uncover huge opportunities. Some companies may need to actually increase production, or there may be inventory or equipment available at cheap prices. During times like these, adequate cash reserves can help your business proactively take advantage of new possibilities. I reached out to Dan Graff, a Director, Client Advisor…

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Should You Be Selling Socially?

Posted in Jun, 2nd, 2020 News & Views by AMAC Small Business Solutions

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Ever since most states shut down retail operations during the COVID-19 pandemic, many retailers turned to e-commerce to sell their merchandise. And while most e-commerce transactions take place on websites—there’s been a surge in social shopping or social commerce for the past several years. According to eMarketer, between 2016 and 2018 visits to retail sites driven…

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Take Advantage of COVID-19 Related Changes to Health Coverage Rules

Posted in Jun, 2nd, 2020 News & Views by AMAC Small Business Solutions

The Coronavirus Aid, Relief and Economic Security (CARES) Act provided a variety of financial assistance to individuals and businesses, including for health expenses. Among them were rule changes providing no-cost coverage for COVID-19 testing and expanded benefits for Consumer Directed Health Plans (CDHP). COVID-19 Diagnostic Testing The Families First Coronavirus Response Act, H.R. 6201, requires all…

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5 Things Brick-and-Mortars Should Be Doing to Succeed Right Now

Posted in May, 26th, 2020 News & Views by AMAC Small Business Solutions

All business owners face daily challenges, and you know from experience that, when unforeseeable events happen, you dig deep, adapt, and overcome. That`s what it takes to run a successful business, right? But of course, the current situation is different, in every imaginable way. The Greek philosopher Epictetus knew nothing of the future when he…

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Cash Reserves: Turning Challenging Times into an Opportunity

Posted in May, 26th, 2020 News & Views by AMAC Small Business Solutions

cash

A crisis brings difficult challenges, but disruption can also uncover huge opportunities. Some companies may need to actually increase production, or there may be inventory or equipment available at cheap prices. During times like these, adequate cash reserves can help your business proactively take advantage of new possibilities. I reached out to Dan Graff, a Director, Client Advisor…

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How to Build Business Credit Quickly: 5 Simple Steps

Posted in May, 26th, 2020 News & Views by AMAC Small Business Solutions

If you operate as a sole proprietorship, it’s important to understand there is no legal or financial separation between you and your business. Building business credit plays a crucial role in your company’s funding ability. Whether you operate as a limited liability company or corporation, your business has the ability to establish a credit file…

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How to Brand Yourself (Even if You Hate the Term “Personal Branding”)

Posted in May, 26th, 2020 Marketing, News & Views by AMAC Small Business Solutions

In an age when anyone with an internet connection and the right content can reach an audience of millions, personal branding is officially a priority. But even if you aren’t looking to be the next big influencer, your personal brand still matters. Whether you’re working for a business or running your own, branding yourself correctly can give…

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The Pros and Cons of a Remote Workforce

Posted in Mar, 31st, 2020 News & Views by AMAC Small Business Solutions

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The coronavirus crisis has forced many to work from home. But remote work has been popular for many years, for many reasons. Can you and your employees work remotely successfully through COVID-19 and should you continue afterward? Are remote employees more productive, inexpensive and knowledgeable for your business or do they create more challenges that you may…

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11 Options If Your Small Business Can’t Pay Its Bills Due to Coronavirus

Posted in Mar, 31st, 2020 News & Views by AMAC Small Business Solutions

Coronavirus is having a significant impact on many small businesses already, and no one knows how long or how hard the economy will be affected. If you are having trouble paying your bills due to a slowdown in revenues or higher than usual expenses related to COVID-19, here are 11 options to consider if your…

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