Steve Streit: 6 Retail Supply Chain Strategies in 2025


The first few months of 2025 have been interesting, to say the least, for the American retail sector. Economic uncertainty was already rising for a whole host of reasons, and then came tariffs on imports from basically every non-U.S. country and territory.

With a minimum duty of 145%, imports from China have been especially hard-hit.

Will it last? No one knows. For now, investors like Steve Streit, whose venture capital firm backs a number of retail startups, recommend leaders in the space to take a strategic, risk-aware approach.

“Now, more than ever, retail businesses need to think strategically about sourcing and sales,” he says.

Here’s where Streit advises retail leaders to begin.

[Read more…]

Go Global, Stay Lean: How EoR Services Help Startups Hire Fast & Smart


Managing international hires or supervising multiple contractors and freelancers across different nations is a process filled with intricate details. An Employer of Record can serve as a crucial strategic partner to simplify the complexities of international employment. A global EoR is an external company that legally employs your workforce, taking on all employment-related duties on your company’s behalf. EORs facilitate the hiring of international employees without the need for a time-consuming and costly process of setting up local business entities or the risk of breaching local employment regulations.

[Read more…]

Balancing Growth and Profitability in a Rapidly Scaling SaaS Company


After a lot of time and effort, your Software as a Service (SaaS) company is seeing rapid growth. This may seem like a good thing, but there’s a caveat — rapid growth is not necessarily sustainable growth.

Like most driven business owners, you’ve probably had scaling on your mind since the very start. But if you don’t have a business strategy in place to ensure growth and sustainability to avoid the pitfalls, you could end up with increased revenue with increased demand, a need to scale, and pressure on your resources and internal processes that create bottlenecks and instability.

The key is balancing rapid growth and sustainable profitability with a revenue model that supports long-term stability.

[Read more…]

Importance of Mindfulness and Well-being in Business Success


In today’s fast-paced business world, success is often measured by an Excell spreadsheet calculating profit margins & KPI’s. However, an equally crucial factor that determines long-term success is mindfulness and well-being. When employees and leaders cultivate mindfulness and prioritize well-being, businesses experience increased productivity, stronger workplace relationships, and greater overall job satisfaction. Companies that embed these values into their culture are better positioned to foster innovation, resilience, and sustainable growth.

[Read more…]

How to Strengthen Interdepartmental Bonds and Teamwork in Creative Ways


Strong teams are essential to business success, but it’s about more than sourcing the right talent. You also need a cohesive working environment in which each employee amplifies each other’s strengths and contributes to the larger business goals.

One of the most effective ways to create a culture of respect and collaboration is to focus on camaraderie through team-building events. When teams can take a break from the day-to-day grind and enjoy activities together, it builds a stronger bond with everyone. Fortunately, there are many fun and creative ways you can make team events part of your business.

[Read more…]

How Do Family-Centered Businesses Thrive?


A family-centered business embodies more than just a child-friendly ethos—it integrates principles of empathy, flexibility, and support into all aspects of its operations. From offering accommodations that encourage work-life balance to developing products and services that address the needs of parents and children, these companies grow and succeed by placing families at the core of their business model. Below, we examine the strategies that allow family-focused enterprises to prosper and create meaningful impact.

[Read more…]

Important Considerations When Opening a New Auto Body Business


Starting an auto body business can be a lucrative and rewarding venture for those passionate about cars and the automotive industry. With an increasing number of vehicles on the road, the demand for quality auto body repair services continues to grow. However, like any entrepreneurial endeavor, opening a new auto body shop requires careful planning, financial investment, and compliance with various regulations. This article will outline some key considerations when launching your auto body business, from managing startup costs to ensuring safety and legal compliance in your operations.

[Read more…]

How to Keep Your Store Safe and Secure for Customers and Employees


Running a retail store involves more than just providing excellent products and service; it also requires a commitment to safety and security. As a business owner, creating a secure environment for your customers and employees is essential to building trust, preventing losses, and maintaining a positive reputation. Here are some effective strategies to safeguard your store and enhance security for everyone.

[Read more…]

Long-Term Investments That New Business Owners Should Consider


Starting a new business is both exciting and challenging. While initial expenses like equipment, marketing, and staffing often take center stage, long-term investments are just as critical to sustaining and growing your business. Strategic planning and thoughtful allocation of resources can set your business up for success in a competitive market.

Here are some essential long-term investments that every new business owner should consider.

[Read more…]

10 Important Tips to Drive Growth for Your Startup


Growing a startup in a competitive market can be challenging, but with the right strategies, you can overcome obstacles and build a successful business. Here are actionable steps to help your startup accelerate its growth.

[Read more…]