by Lea Strickland | Oct 2, 2025 | Business Ownership, Small Business
A few months ago, I had a conversation that has stayed with me and serves as a powerful reminder of why business continuity planning—and specifically keyman insurance—cannot be overlooked. Real Life Example I was talking with a small business owner in his early 30s....
by Lea Strickland | Oct 2, 2025 | Business Growth, Customer Relationships, Small Business
Customer retention is the backbone of sustainable growth for small businesses. Keeping existing customers engaged is not only more cost-effective than acquiring new ones, but it also boosts profitability—studies show that a 5% increase in retention can lift profits by...
by Lea Strickland | Sep 30, 2025 | Business Articles, Business Management, Operations, Small Business
The Two TOCs You Need to Understand In the face of global disruptions, rising tariffs, and an evolving economic landscape, American manufacturers and small businesses are rethinking their supply chain strategies. At the center of this transformation are two critical...
by Lea Strickland | Sep 25, 2025 | Business Articles, Leadership, Small Business, Strategy
Companies today face the challenge of selling products or services while standing for something. Many businesses adopt core values such as patriotism, “America First,” diversity, equity, and inclusion (DEI), social justice, and environmental...
by Lea Strickland | Sep 2, 2025 | Business Articles, Entrepreneur, Small Business, Start-up, Strategy
Looking for Oz, Behind the Curtain: How Business Really Works Introduction Have you ever wondered what makes a business tick? Like Dorothy when she pulled back the curtain in The Wizard of Oz, peering behind the scenes reveals the actual mechanics of how businesses...
by Lea Strickland | Jul 22, 2025 | Business Growth, Economy and Economics, Small Business, Uncategorized
In the economic landscape of 2025, small businesses face significant challenges due to the Federal Reserve’s decision to maintain elevated interest rates. As of July 22, 2025, the federal funds effective rate remains at 4.33%, with the target range held steady...