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 …
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 …
The Ultimate Guide to Business Planning: 4 Reasons Why You Need One. Read More »
“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 …
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 …
In the dynamic world of small business ownership, having access to expert guidance and strategic insights can make all the difference in achieving your goals. However, the traditional model of hiring a full-time business advisor may only be feasible and cost-effective for some small businesses. This is where Slark Consulting Group’s innovative On-Demand Advising Program …
Expanding your business by opening a second location is a significant milestone that can offer tremendous opportunities for growth and increased revenue. However, it’s a decision that should not be taken lightly. Before you begin this journey, please consider these five essential factors to ensure your successful expansion. 1. Market Research and Demand Analysis One …
Expanding Your Business: 5 Key Factors to Consider Before Adding a Second Location Read More »
Nestled in the heart of our region lies a remarkable natural endowment that has the potential to transform not only our local economy but also the lives of our residents. It’s time we seize the opportunity presented by this abundant resource and embark on a journey of cluster-based economic development. By harnessing the power of …
Introduction: In a world where big-name events often capture our attention, it’s easy to overlook small businesses’ profound impact on our communities. The recent news of Taylor Swift’s two concerts at Paycor Stadium, expected to attract over 250,000 people and generate an estimated $92 million in economic impact for Cincinnati, is a powerful reminder of …
Title: The Power of Small Businesses: Fostering Vibrant Communities Read More »
Fifth Third Bank, a leading financial institution, and Slark Consulting Group, the Springfield, Ohio-based business consulting firm, are delighted to announce their strategic collaboration to support and empower small businesses throughout their journey from startup to growth. This collaboration combines the financial expertise and resources of Fifth Third Bank with the specialized business consulting services …
Announcing price increases to customers is never easy. It can be an uncomfortable experience for businesses, leaving customers uncertain about the future of the products or services they rely on. However, there are several steps companies can take to make the process smoother and help maintain their customers’ trust and loyalty. First and foremost, being …
The Art of Announcing Price Increases: A Guide for Business Owners Read More »
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