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Considering Going Cashless? Here Are the 5 Things You Need to Know
  • 12 October 2020
  • Taylor Miller

Considering Going Cashless? Here Are the 5 Things You Need to Know

As a small business owner, it’s important to be aware of the ever-changing trends in business operations. One of the more timely trends is the rapid growth of consumers going cashless with the rise in usage of mobile phone payments and contactless credit cards. In May 2020, a YouGov survey showed that 46% of Americans have been using cashless payments during the pandemic.

Refining Your Business Goals and Expectations for 2020
  • 13 July 2020
  • Kayla Meier

Refining Your Business Goals and Expectations for 2020

Owning and operating a small business takes careful planning. When you have conducted market analysis, financial projections and goal setting, it can be difficult to change your carefully laid plans, especially in response to a crisis like COVID-19. With the state of businesses in flux, you have an opportunity to re-calibrate and create realistic expectations for your business performance for the rest of the year. Follow these tips to get started.

How to Prepare Your Business for Disruption
  • 18 May 2020
  • Alex Penfield

How to Prepare Your Business for Disruption

If these past few months have taught us anything, it’s that life—and business—don’t always go as planned, and that being prepared for many types of disruption is important. According to the U.S. Chamber Foundation, research indicates that 43% of small-to-medium businesses fail after a disaster. And while forecasting for every unforeseen interruption is impossible, having a solid “what if” strategy can protect your assets and help keep your business as agile, resilient and disruption-proof as possible.

Key Signs It Is Time To Expand Your Business
  • 27 January 2020
  • Leo Covey

Key Signs It Is Time To Expand Your Business

For the third and final part in our Rightsizing series, we are going to examine the signs that it may be time to expand your business. What do we mean by “expand your business”? For the sake of this article, we mean adding additional resources into your business to help it scale up and grow. These resources can run the gamut from adding new manufacturing and distribution channels to exploring fresh marketing techniques to reach new customers. And the great news is that, in many instances, The UPS Store® can help you expand your business with key services like printing, direct mail and even some valuable hookups with premier partners in our suite of Small Business Services.

What is the right size for your business?
  • 13 January 2020
  • Alex Penfield

What is the right size for your business?

Most small businesses are built in a similar way—as lean machines running on little manpower, few resources, and a lot of passion. But everywhere you turn these days, it seems one of these small start-ups has found overnight success, grown exponentially, and landed a larger-than-life IPO. Even if your small business vision is not as elaborate as taking over the world via a ride-sharing service, these blockbuster success stories beg the question, is expanding headcount and resources the only way to reach your entrepreneurial dreams?