by Juvo Business Group | Nov 30, 2020 | Business Finances, Small Business
On October 30, 2020, the Federal Reserve Board announced changes to the Main Street Lending Program to benefit a wider range of people. Previously reserved for larger businesses and government organizations struggling financially due to COVID-19, the Main Street Lending Program now offers federal loans to non-profits and smaller businesses as well. This is just one of several changes the Federal Reserve made to the [...]
by Juvo Business Group | Oct 30, 2020 | Small Business
As a small business owner, do you ever wish you could clone yourself so you could accomplish more in a day or overcome common business challenges? While duplicating yourself may not be possible, you might consider hiring a business consultant to alleviate some of your stress. A business consultant is someone outside of your organization who evaluates your company to help improve its efficiency and [...]
by Juvo Business Group | Sep 30, 2020 | Business Growth, Small Business
The coronavirus pandemic has been hard on everyone, but perhaps no one has suffered more than small business owners. While many large retail stores remained open because the government deemed them essential, thousands of smaller businesses had to close at least temporarily. A sudden and unexpected business closure and loss of revenue is one of the most challenging things that business owners can face. Sadly, [...]
by Juvo Business Group | Jul 2, 2020 | Small Business
People often dream of the freedom that owning their own small business would bring but don’t pursue the opportunity once they realize how much hard work and risk it involves. It takes someone with multi-faceted skills to succeed as a small business owner since it requires one person to fulfill many roles. Accounting, human resources, inventory management, and information technology specialist are just some of [...]
by Juvo Business Group | May 12, 2020 | Small Business
Conflict can sometimes arise between employees and business owners because they have fundamentally different goals. While employees want to earn as much as possible, employers want to reduce costs. This can lead to employees doing what they consider too much work for too little money. If this goes on for too long, the overworked and underpaid employees become disgruntled and quit. High turnover can become [...]
by Juvo Business Group | Apr 30, 2020 | Business Growth, Business Strategy, Small Business
If you own an HVAC, plumbing, home restoration or another type of home services business, no one needs to tell you that business is booming. Improved technology and the growing number of home improvement platforms available means that the demand for skilled workers in the home service business should continue its rate of unprecedented growth for at least the next several years. However, this has [...]
