Small Business
Top stories summarized by our editors
9/20/2018

Paying taxes on a quarterly basis is no picnic, but the process will be easier if you avoid certain pitfalls. Chonce Maddox reviews four common mistakes to avoid, including underestimating payments.

Full Story:
Due Payments Blog
More Summaries:
Chonce Maddox
9/19/2018

Small-business confidence, consumer confidence and manufacturing charts show Bridgewater Associates founder Ray Dalio may be right about the economy reaching its peak, writes Daryl Jones. "In sum, these charts suggest a U.S. economy where manufacturing won't get much better, small business optimism is unlikely to go a lot higher, and in which the consumer is as confident as they have ever been," Jones writes.

Full Story:
Forbes
More Summaries:
Ray Dalio
9/19/2018

Blink Fitness is planning to open its first location in Detroit in September 2019 as part of a partnership with the Detroit Pistons NBA team. The new unit will be located in the Henry Ford Detroit Pistons Performance Center, and other clubs will open in Michigan throughout the year.

Full Story:
Club Industry
More Summaries:
Detroit Pistons, NBA
9/19/2018

Hamdi Ulukaya, founder and chief executive of the yogurt startup Chobani, said he would never sell the firm to a food conglomerate but is "not against" an initial public offering. When little brands become part of big organizations, "it's the end of their promise," he added.

Full Story:
Recode
More Summaries:
Hamdi Ulukaya, Chobani
9/19/2018

Female employees and founders tend to own less equity in their companies than their male peers do, according to a study by Carta. The study indicates that women have less "actual firepower" to create change in the startup world, said Chloe Sladden, founder of the group #Angels.

More Summaries:
Chloe Sladden, Carta
9/19/2018

Maximize your learning by avoiding shortcuts and trying new things, especially in areas that you typically avoid, writes Jesse Sostrin. "When you look for the easy way, you'll save some time -- but the lack of learning and growth will ultimately limit your progress," he writes.

More Summaries:
Jesse Sostrin
9/19/2018

An elevator pitch should be focused on getting a conversation going by quickly addressing a specific customer need, writes Alison Davis. Elevator pitches must also include information on company credentials and what makes a product stand out from the competition.

Full Story:
Inc. online
More Summaries:
Alison Davis
9/19/2018

Use email newsletters and other communication methods to stay in touch with previous customers and to let them know when new products are available, writes Rob Starr. Loyalty programs and special customer-only events can also help ensure repeat purchases.

Full Story:
Small Business Trends
More Summaries:
Rob Starr
9/19/2018

Sales teams can use storytelling to simplify messages and give clear examples of how products and services can benefit buyers, writes Allie Decker. Each story should be focused on a specific buyer persona and feature a core message that can be summarized in fewer than 10 words, Decker writes.

Full Story:
HubSpot
9/19/2018

Hurricane Florence will potentially reduce US GDP between one- and two-tenths of a percentage point, according to Moody's Analytics, or as much as three-tenths of a percentage point, according to Oxford Economics. Moody's expects the economy will still grow by 3.7%.

Full Story:
USA Today
More Summaries:
Moody, Oxford Economics