The past few years have been challenging for businesses throughout the world, and they’ve forced us all to rethink the ways we operate. An increasing number of employees began telecommuting and working flexible office hours in response to our global health crisis, and many are now choosing not to return to traditional employment during regular business hours. This arrangement also suits many small business owners, because it enables them to broaden their search for talent outside of their local area. But your team members need the ability to communicate and collaborate, even if they don’t spend all their time under one roof.

Small businesses have to learn how to operate with razor-thin profit margins and figure out how to keep their doors open during lean times. According to The U.S. Bureau of Labor Statistics, almost half of all small businesses fail to survive longer than five years and only 25% manage to stay in business for over 15 years. Running your own business is certainly challenging, but it’s also highly rewarding if you manage to beat the odds. Our team at Capital is here to help your business do much more than help your business survive. We want to help you thrive!

In today’s economy, it always pays to run a tight ship! The key to keeping a small business running profitably is using your resources wisely and managing your costs. You have to be able to determine what works and what doesn’t, and you need to be prepared to implement new procedures quickly. But where do you begin?