Capital/Finances – Slark Consulting Group

Is Your Business Ready for Change? 5 Key Areas to Reassess Now

Business Development, Capital/Finances, Charts and Trends, Economic Development, Government Regulations, Leadership, Management / Rick Slark

Change is inevitable in business, and with 2025 on the horizon, shifts in economic policy, market trends, and regulations could significantly impact your company. The key to staying ahead isn’t just reacting—it’s proactively reassessing your strategy. In this article, we explore five critical business adjustments you should make now to prepare for potential challenges and opportunities. From navigating economic fluctuations to adapting to new regulations and evolving customer behaviors, this guide will help ensure your business remains agile and competitive. Will you lead the change or struggle to keep up? Read on to find out how to position your business for success in 2025.

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America’s Spirits Industry Hits a Dry Spell

Business Development, Business Growth, Revenue Models, Small Business Strategy, Financial Strategy, Business Diversification, Profitability, Business Resilience, Capital/Finances, Retail / Rick Slark

ALCOHOL INDUSTRY The US alcohol industry is experiencing its biggest hangover in decades, with no cure in sight. After enjoying a boom during the pandemic’s stay-at-home cocktail craze, major spirits and beer companies are now feeling the pinch, with consumers opting for generic products and younger Americans embracing moderation. Brewed trouble: For the first time in

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Unlock Business Growth: Your Essential Guide to Lines of Credit

Capital/Finances, Podcast, Strategy, Video / Rick Slark

Get ready to supercharge your business! In this episode, Rick Slark teams up with Sabrina Tackett to break down everything you need to know about leveraging lines of credit. From securing the best terms to using credit to fuel your growth, this podcast is packed with powerful insights every entrepreneur needs. Whether you’re just starting

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What Does the Rise of a New Economic Coalition Mean for the World?

Capital/Finances, Charts and Trends, Economic Development, Humanity, Partnerships / Rick Slark

In 2001, a bold forecast from economist Jim O’Neill at Goldman Sachs set the stage for a shift in global economic power. He predicted four emerging markets—Brazil, Russia, India, and China—would dominate the world economy by 2050. This prediction materialized in the formation of the BRIC group, which later expanded to BRICS with the inclusion

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Warning Signs: Proactive Business Strategies for a Tightening Economy

Business Development, Capital/Finances, Charts and Trends, Management, Sales & Service / Rick Slark

This season’s corporate earnings reports suggest a cooling period is on the horizon. Iconic brands like McDonald’s, Yum Brands, and Starbucks report that consumer wallets are snapping shut, echoing broader economic sentiments. Industrial stalwarts like 3M have noted a softening in discretionary expenditures, while Newell Brands highlights inflationary pressures as a culprit for their cautious

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How Express is Rewriting Its Future in Retail

Business Development, Capital/Finances, Charts and Trends, Customer Service, Management, Strategy / Rick Slark

Express, alongside its associated brands Bonobos and UpWest, once thrived as a cornerstone of American corporate wardrobe retailing. However, the advent of remote work and a drastic shift in consumer fashion preferences led to a significant downturn in the company’s fortunes. In the wake of changing work cultures, Express confronted stark financial realities, accumulating nearly

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Important Deadline for PPP and EIDL Borrowers

Business Development, Capital/Finances, Economic Development / Rick Slark

The U.S. Small Business Administration will begin referring defaulted PPP and COVID-EIDL borrowers with loans under $100,000 to the U.S. Treasury Department and the Internal Revenue Service for collection beginning March 4, 2024. If you have not already applied for loan forgiveness or entered into a payment plan, you must act before March 3, 2024. If

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The Ultimate Guide to Business Planning: 4 Reasons Why You Need One.

Business Development, Capital/Finances, Start-Up, Strategy / Rick Slark

A business plan is a document that describes your business goals, strategies, and financial projections. It is not just a requirement for getting funding or launching a new venture but a valuable tool for managing and growing your business. Here are four reasons why you need a business plan: 1. To plan for viability and

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Elf on a What? It will never work!

Business Development, Capital/Finances, Charts and Trends, Holiday's, Start-Up / Rick Slark

“Elf on a what? It will never work!”As much a part of Christmas today as indulging in Starbucks’ festive holiday drinks, it’s essential to remember that in 2004, “The Elf on the Shelf” faced significant hurdles to publication. The family behind this now-famous holiday phenomenon encountered substantial financial challenges during those early years. They found

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Transform your Business Vision into a Reality with Slark Consulting Group’s Business Planning Services.

Business Development, Capital/Finances, Start-Up, Strategy / Rick Slark

As a small business owner, you know the importance of having a clear and concise business plan to guide your company’s growth and success. Our experienced consultants will work closely with you to develop a customized plan that aligns with your unique business goals and objectives. Six benefits of hiring Slark Consulting Group for your

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