YOUR SUCCESS MATTERS
Based on the search results, some key financial metrics service-based entrepreneurs should track to balance growth and profitability include: 1. Customer Acquisition Cost (CAC): This measures the average cost of acquiring a new customer, which is crucial for ensuring...
Based on the search results, some common mistakes service-based entrepreneurs make during rapid growth include: 1. Neglecting a Solid Foundation: Prioritizing growth over establishing a strong operational foundation, which can lead to instability and challenges as the...
Some common challenges when scaling a business include: 1. Overlooking the Product-Market Fit: Failing to understand the target market and sustainable demand can sabotage success when scaling[1]. 2. Working With the Wrong People: Hiring the right team members and...
by EMILY HEASLIP. Celebrate Asian American and Pacific Islander (AAPI) small businesses every day with these resources for funding, grant opportunities, and networking. May is Asian American and Pacific Islander (AAPI) Heritage Month. More than three million...
READ MORE
by EDGAR ESTRADA. Latino business revenue has taken a hit in recent months because of COVID-19. Just two weeks into the pandemic in March 2020, 86 percent of Latino-owned...
Developing a diverse and inclusive culture not only forms a team that reflects the marketplace, but creates an environment where employees bring their whole selves to work –...
By Pam O’Brien There are approximately five million Hispanic- and Latin-owned businesses in the U.S. And those businesses are booming, according to Lantern by SoFi’s recent...
How can advertising and marketing teams create realistic promotional ad campaigns or product or service information that gives a proper voice and shares the accurate story...
By Jimmy Magahern Ashley La Russa cringes a little every time she hears the term “minority-owned business.” “When I saw your email about doing a story on minority-owned...
