Rising Labor Costs Put Pressure on Small Businesses
June 27, 2022
Many employers have responded to the Great Resignation by increasing their wages ahead of a federal mandate. However, if you’re a small business owner, you may be fearful of how a minimum wage increase will impact your business. There are pros and cons when increasing wages. Here are some things to consider before making a change.
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Supply Chain Issues Creating Serious Challenges for SMBs in 2022
June 22, 2022
Supply chain challenges are a complex entanglement that’s affecting everyone in 2022. From aluminum to food products and fertilizers to plastic resins, businesses and consumers alike are feeling the strain. Some of the biggest sufferers of these economic disruptions are small businesses.
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2022 State of Healthcare Technology
April 04, 2022
If there's one constant about healthcare in this country, it's that it is always evolving, thanks to technology and innovation. From streamlining processes to admit or discharge a patient faster to developing a vaccine for COVID-19, these improvements have had direct impacts on patients' lives.
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Why Businesses are Going Agile with Their Website Redesign Projects
January 13, 2022
It's the same for nearly every company we assist. Before anyone decides whether to buy anything from them or do any business with them, they check out the website. And they do it even if they first learn about the company offline. So it's hard to overstate the importance of getting your web design right.
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Cooking up Success: How Ascentium Helped this Chef Finance his Dream Kitchen
October 18, 2021
Renowned Chef Terry Craig and his wife Laura opened their first Jalapeño Inferno restaurant in Scottsdale in 1999 and have grown to be one of the valley’s most respected and recognized names for high quality, authentic Mexican food. When the established entrepreneurs sought to expand into a new market area, Terry reached out to Ascentium Capital for help.
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QSRs are Sizzling Despite the Pandemic – Tips to Deliver When it Matters Most
April 23, 2021
In March of 2020, restaurant sales plummeted after in-person dining was severely restricted. Fast forward a few weeks, and a new trend emerged illustrated by long drive-thru lines wrapped around fast-food locations, drive-thru lanes became the superstar, helping fast-food chains' sales rebound faster than those of full-service restaurants. In 2020, drive-thru visits grew by 27% in the third quarter and represented 44% of off-premises orders across the restaurant industry, according to the NPD Group. The drive-thru has evolved into the centerpiece of the fast-food industry. QSR businesses have been eager and wise to employ strategies that leverage this advantage as consumers flock to drive-thru lanes.
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Redefine Your Business Plan - Map out Steps Needed to Recover and Prevail
February 09, 2021
Small businesses have experienced significant impacts since the arrival and persistence of the COVID-19 pandemic. According to the U.S. Chamber of Commerce Small Business Coronavirus Impact Poll, 70% of small businesses worry about financial hardship from prolonged closures, and 58% of business owners are concerned over having to close their business permanently. In the current climate of social distancing, many businesses have had to completely rethink the way they operate. Companies that move quickly to adjust their business plan are best positioned to survive.
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Has the COVID Pandemic Infected your Credit? Regain Control.
December 07, 2020
The COVID-19 pandemic has wreaked havoc around the world and left many business owners struggling. According to the National Federation of Independent Business (NFIB), 92% of small businesses said they had suffered negative effects as a result of the pandemic. The business landscape has changed, and credit is more important than ever to pave the road to recovery.
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Capitalize on Cyberspace with aaS Technology Solutions
September 30, 2020
The Covid-19 pandemic has changed our daily life and forced many companies to adapt to wearing masks, social distancing, expanding remote work situations and embracing digital solutions. As we navigate an uncharted marketplace, there’s no playbook to reference for this uncertain business environment. Companies are challenged to rapidly transform to meet evolving business practices with the use of technology.
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Boost Your Brand with Promotional Products
June 29, 2020
One of the oldest forms of marketing strategy to build your brand is the use of branded merchandise to keep your business top of the mind with prospects and current customers and to place your company in a position of value. Billions of dollars are spent every year by large and small businesses giving away items with their logos. These branded giveaways generate exposure by giving the chance for an introduction and a cue that your business is ready to serve them. In the recent times of dealing with COVID 19, a simple gift of something fun and useful reminds people of some normalcy, and you stand by ready to help them grow their business.
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