1 • 981 Ratings
🗓️ 28 April 2023
⏱️ 5 minutes
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In this episode we explore ten business concerns small business owners should consider in today’s business climate.
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0:00.0 | Welcome. I am Ed Beharana and you've arrived at the Business Buffet podcast where you get a taste of business from entrepreneurs who've had both good and bad moments in business. |
0:14.7 | You'll learn from business chefs of all type, those things they would have done different and figure out how those ingredients might |
0:21.8 | help your personal recipe for success. Grab a plate and take a seat. It is time to eat hearty |
0:27.9 | in business. What are some business concerns small business owners should consider in today's |
0:34.4 | business climate? In today's dynamic business climate, |
0:39.4 | small business owners need to consider a range of concerns |
0:42.7 | to remain competitive and achieve sustainable growth. |
0:46.8 | Here are some key areas to focus on. |
0:50.7 | One, digital transformation. |
0:53.7 | Embracing technology is crucial for small businesses to stay relevant and efficient. |
1:00.7 | Invest in digital tools, software, and platforms to streamline operations, automate tasks, and enhance customer experiences. |
1:11.7 | 2. |
1:12.4 | Cybersecurity. |
1:14.0 | As businesses become more reliant on digital technology, |
1:18.1 | securing sensitive data and systems against cyber threats is critical, |
1:22.8 | implementing strong security measures and educate employees on cybersecurity best practices. |
1:30.8 | Three, economic uncertainty. |
1:33.7 | Economic fluctuations can have a significant impact on small businesses, developing contingency |
1:39.9 | plans, and maintain a healthy cash flow to better navigate economic downturns. |
1:46.3 | 4. Marketing and brand visibility. In the digital age, having a strong online presence |
1:53.8 | is essential. Utilize social media, content marketing, and search engine optimization |
1:59.9 | to reach a wider audience and enhance |
... |
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