This week in small business news, learn why small businesses fail, how to make tax season less stressful, how to maintain customer loyalty in a sagging economy, and how technology is helping small business owners balance life and work obligations. Let’s get started!
- Small Business Owners Can Avoid Tax Season Panic: ABCNews.com lays out a plan for small business owners so that tax season doesn’t cause any more stress than it has to. Not surprisingly, planning ahead with a schedule is top on the list.
- Top 10 Reasons Small Businesses Fail: The New York Times has compiled a handy list for entrepreneurs — a “what-not-to-do” list. Every single person with a new business should read and heed this article’s advice.
- 5 Steps to Help Your Small Business Save Money in 2011: These tips come from Small Business Trends; the last one is a plug for an e-book, but the rest offer some starting points for budget trimming ideas — including preparing for next year’s taxes now.
- Maintaining Customer Loyalty in Lagging Economy: Customer loyalty is important to every business, but it is especially crucial in hard economic times. This article from the San Diego Newsroom outlines a five-step process you can follow to make sure your clients keep coming back.
- Survey: Technology Helps Small Business Owners Balance Life and Work: Who would have guessed that smartphones are actually making it easier for entrepreneurs to succeed both professionally and personally? In reality, the survey shows that more people are mixing business with personal pleasure and family time — do you think this is really balancing work and life? Is this a good thing?