Big Ideas for Small Business Blog
The Small Business Council of the Edmond Chamber has launched a blog dedicated to its fellow small business members. This monthly blog will cover a variety of topics related to small business management, education and growth.
The MetLife & U.S. Chamber of Commerce Small Business Index reached an all time high of 70.7 this quarter. The Index, first published in Q2 2017, is up two points from 68.7 last quarter.
This quarter’s rise is largely due to increased optimism in small business owners’ perceptions of their local economies. All other indicators remain largely unchanged at the national level. The third quarter survey was taken between June 28-July 25 and reflects small business sentiment at the time.
On any given Saturday night you may catch Councilman Nick Massey playing a set to a full house at Ellis Island. If you catch him on a break, Nick would also love to tell you about the exciting renaissance that we’re seeing in downtown Edmond, our oldest (yet hippest) commercial district today!Read More
YOU HAVE TO START SOMEWHERE, AND THE GARAGE IS PERFECT!!
The past several years I have been working diligently to grow my brand (Gina's Southern Style) by attending multiple trade shows, sending emails, phone calls, follow-up emails, follow-up phone calls...etc. The list goes on and on. Folks ask me all the time what is your secret, how do you do it? The truth is...hard work and prayer. My husband (Mark) and I have spent many nights in the garage fulfilling orders.
Loyalty in business can be a hard thing to find; especially in today’s hiring market. A study by Deloitte in May of last year showed that 43% of millennials envisioned leaving their jobs within two years, and only 28% are looking to stay beyond five years. With statistics like this how do small businesses and business owners retain crucial young talent? It’s all about your relationship.Read More
Successful businesses start with people. Successful, smart and driven people. Those people have good ideas, they build smart processes and do amazing things.
And today, the businesses who do all of that AND fully leverage the benefits of technology tools to do those great things are more efficient, more profitable, and their teams sleep better at night. Your business becomes more scalable, and more efficient when you have an ability and drive to use tech tools to keep up.
Imagine that your business virtually overnight had three times more competitors. How would you adapt to that? For every retail liquor licensee in Oklahoma, that is the challenge we all now have in common.
According to the Oklahoma ABLE Commission, the number of Retail Wine Licenses nearly tripled by the end of 2018 after Oklahoma’s liquor laws changed on October 1 of last year. That kind of increase in availability of the most popular wines sold in our market is the cause of a 20-25% decline in
Here are 10 reasons why it’s important to shop local and shop support small businesses.Read More
We have some new and some not-so-new faces at the Edmond Chamber and thought our members might like to get better acquainted with the people behind the names on our email signatures. Learn more about each chamber staff's role and gain a little insight on their personality.Read More
If left alone, everything drifts downward.
This is true in our personal lives and our businesses.
Drift is a powerful force that often goes unnoticed. You see the effects of drift, but often this is only in hindsight as you're fighting to regain the ground lost to drift.
Drift is a part of life, but drift only goes one direction. Down.
In November, 2016, Oklahoma voters approved State Question 792. The effects of that change to the Oklahoma Constitution and Oklahoma statutes that govern the possession, distribution and sale of alcoholic beverages will become very apparent in October of this year. Many of my customers & friends have been asking exactly what to expect after October 1, 2018, as many still aren’t aware of all of the consequences that these changes will bring.
Here is a short recap of what to look for.