Environmental, social, and governance (ESG) strategies and programs are now common practice for most large, publicly traded corporations. Despite recent efforts to politicize ESG, these companies are staying the course — and for good reason: The ranks of socially conscious customers, employees, and investors are on the rise—and these stakeholders want to do business with […]
Category: Business Solutions
Zoho Expands Its Ambitions On Multiple Fronts
After a four-year hiatus due to COVID-19, Zoho’s Zoholics event was back in Austin, TX the first week of May, featuring an analyst track that I attended. The dominant takeaway is that Zoho, which already sells more than 60 business applications in 160-plus countries, is expanding on multiple fronts. The company is doubling down in […]
From Skateboards to Farm Equipment: How Shark Wheel Is Reinventing the Wheel and Its Financial Processes
By SMB Group’s Kelly Teal, Contributing Analyst, and Laurie McCabe, Co-founder It’s not every day that someone quite literally reinvents the wheel. But that’s just what David Patrick and Zack Fleishman did about 10 years ago. Now, after a decade of prototyping, testing, and strategizing, their efforts are paying off. Their company, Shark Wheel, has […]
New Report Reveals How Key Trends and Challenges are Impacting Financial Management
What are the key trends and challenges that SMB financial professionals are facing, and how are they impacting business and financial management practices? These are the questions we explore in this new report, 2023 State of Finance Automation: SMB Financial Management Insights & Trends. The insights in the report are based on BILL’s State of […]
Dell’s New APEX Managed Device Service: A Game Changer for SMBs
Finding, hiring, and retaining quality IT people is a struggle for many small and medium businesses (SMBs) with 1 to 499 employees. The situation is most severe at the low end. In businesses with fewer than 20 employees, 47% say that they have no formal IT support, and 22% report that non-IT staff look after […]
Top Takeaways from Workday’s AI and ML Innovation Summit 2023
As the name implies, the theme of Workday’s AI and ML Innovation Summit 2023 for industry analysts (held March 13-15 at beautiful Cavallo Point in Sausalito, CA) was artificial intelligence (AI) and machine learning (ML). While other ground was covered, AI and ML topics were the centerpiece of most of the presentations and discussions. Co-CEOs […]
5 Ways Small Businesses Can Achieve Greater Impact With Limited Resources
—By Guest Contributor Ben Richardson, Director, Acuity Training Small businesses are the backbone of the global economy and play a crucial role in creating jobs and driving growth. However, given their limited resources, small enterprises frequently encounter substantial obstacles in attaining their objectives. However, there are several steps SMBs can take to ensure that their businesses […]
Zoho Bigin Adds New Functionality to Help Small Businesses to Improve Customer Relationship Management
It’s not easy to start, run and grow a small business. According to the U.S. Small Business Administration, from 1994-2019, about two-thirds of new businesses survived at least two years, roughly half made it to the five-year mark, and only about one-third were still in business after ten years. Small businesses—which are often bootstrapped by […]
All You Have to Do Is Pour Over Ice: How Uncle Tim’s Cocktails is Redefining the Home Bar with Financial Insights from Xero
By SMB Group’s Kelly Teal, Contributing Analyst, and Laurie McCabe, Co-founder Sometimes you just want to enjoy a few cocktails with friends. Then, before you know it, your hobby turns into a business. At least, that’s the case for Timothy Felkner, CEO of Uncle Tim’s Cocktails, a Denver-based company that sells boutique-grade, ready-made alcoholic drinks, […]
New Infographic from SMB Group: SMB Pathways to Sustainability
Environmental, social, and governance (ESG) considerations have become ubiquitous for large, publicly traded corporations. But how important are sustainability initiatives for small and medium businesses (SMBs), and what policies and practices are they putting in place in this area? In our new infographic, SMB Pathways to Sustainability, we provide insights on SMB attitudes, practices, and […]