The Blog

With the way that the economy is going, inflation, the market gyrations, etc … ANY business seems like good business. Until it isn’t. Consider … Have you ever been in a Newtown Square store when a customer starts yelling at the employee behind the counter for something tiny? The customer makes demands and throws an adult-sized temper tantrum to get … Read More

Scrolling the 9/11 tributes in my social media and news feeds this past weekend served as an excellent reminder of how we all can bounce back from great difficulties. And the reminder seems especially poignant now as our nation (and Newtown Square business owners like you) continue to recover from the economic fallout of the last two years. Couple that … Read More

In today’s online-driven world, it’s no surprise that securing sensitive information is essential. Just like you cover your Newtown Square business for other possible risks (property damage, theft, injury, etc.) so should you also be thinking of how to keep your business safe from virtual attacks. And lest you immediately think: But Stephen – my business is completely different! Well, read … Read More

It seems like everywhere SMBs and retailers are short-staffed (and hiring). At the same time, with high inflation plaguing the country, other businesses are in the middle of layoffs. It seems as if these two realities would meet together, and establish an economic equilibrium … but from my (anecdotal) and limited analysis of the data, the sides of this particular … Read More

Fill in the blank: It takes a village to ______. While you’re probably thinking of child-rearing right now, I’d like to suggest that it applies to your Newtown Square small business as well. And particularly during inflationary times. The 2020 world made it painfully obvious that going it alone could mean crash and burn for your business.  Hence the creation … Read More

This year has been a rollercoaster for Newtown Square business owners like you. Heck, the last few years have been. After all of the junk in 2020 and 2021, “inflation” and “supply chain shortages” have been the recent flavor of our wild ride together. Though that said, there does seem to be some easing on both of these fronts – and … Read More

Before I dive into discussing the pros and cons of a C corp, I briefly want to touch on some other things relevant to you as a Newtown Square small business owner. Recession.  The threat of it hangs in the air like a midwest thunderstorm. And as you anticipate it, you don’t have to wait idly for it to hammer … Read More

Prepare, prepare, prepare. As a recession is bearing down on us all, figuring out how to prepare for economic downturns is something you should be concerned with in your Newtown Square business. I know I am. Now, while you and I can’t prepare for every eventuality, we can put systems and plans in place that will help our businesses face … Read More

Is your hustle muscle feeling strong right now? I hope so because if your business is going to make it moving forward, it’s going to have to be – at least for somebody on your business team.  This inflationary environment virtually demands it (as does a likely recession — are you planning for it?). Besides juggling all of the economic and … Read More

As a small business owner, you’re battling on a lot of different fronts right now.  You’re doing your best to keep employees happy, raise prices without driving away customers, pivot to alternative supply options as your current ones dry up, adjust for changing tax laws, etc, etc, etc. We small business owners always seem to bear the brunt during economic … Read More