In July, 33% (seasonally adjusted) of small business owners reported job openings they could not fill, down three points from June and the lowest level since December 2020, though still well above the monthly historical average of 25 percent, according to the National Federation of Independent Business’s (NFIB) Jobs Report. In[Read More…]
Columnists
Business Owners Report Improving Conditions
Contributing Most to the Rise Were Reports of Better Business Conditions and That It Is a Good Time to Expand The National Federation of Independent Business’s (NFIB) Small Business Optimism Index rose 1.7 points in July to 100.3, slightly above the 52-year average of 98. Contributing most to the rise in the[Read More…]
Department of Labor Updates OSHA Penalty Guidelines Support Small Businesses and Eliminate Workplace Hazards
The U.S. Department of Labor has updated its guidance on penalty and debt collection procedures in the Occupational Safety and Health Administration’s Field Operations Manual in an effort to minimize the burden on small businesses and increase prompt hazard abatement. “All employers should be offered the opportunity to comply with regulations that[Read More…]
How Small Businesses Can Recover When Disaster Strikes
Experts Say It’s Important to Plan Ahead and Develop a Support Network Natural disasters, economic shocks, and unforeseen crises can devastate small businesses, such as many operations in the shed industry. According to the U.S. Small Business Administration (SBA), 90 percent of companies fail within two years of being struck[Read More…]
Effective Financial Management
Effective financial management is the backbone of every successful business, including those related to the shed industry.It encompasses essential practices like strategic bookkeeping, accurate projections, and understanding financial statements. Owners and entrepreneurs who want to strengthen their financial foundation and make data-driven decisions that drive sustainable growth use effective financial[Read More…]
Google Ads Strategy
Google Ads is the search platform powered by Google that allows businesses, like those in the shed industry, to advertise your products and services to people who are actively searching on Google and other Google properties for the products and services that you offer. Google Ads has a “low barrier”[Read More…]
Build of the Issue: Tiny Office
When does a home office not feel like home? When it’s trapped in a dark basement. People are still working from home, but some don’t even have a window. That’s where a tiny office with big windows that lets in natural sunlight would be perfect. Amy Heinrick from Old Hickory[Read More…]
Put One Foot in Front of the Other
When I typically plan my article thoughts out, sometimes the topic comes to me easily, or it’s about the season that I am in. For some reason, this one seems a little tougher than the other articles that I have written. Please do not mistake this as complaining, as I[Read More…]
Out of the Rut
“How’s your month looking?” “Well… not as good as I’d like.”“Oh yeah? What do you mean?”“I guess we’re just bumping along, trying to make it work. I can’t seem to get out of a below-average sales month.” Sound familiar? It’s a conversation I’ve had recently—and maybe one you’ve had too.[Read More…]
Survey Shows Diverging Industry-Specific Small Business Optimism
NFIB’s quarterly survey focuses on the construction, manufacturing, retail, and services industries. The NFIB Research Center recently released an industry-specific quarterly Small Business Economic Trends survey highlighting the construction, manufacturing, retail, and services industries.Shed Business Journal is sharing these survey results because the shed industry touches on all these topics in many ways.[Read More…]
