Articles

  • 1 week ago | uschamber.com | Emily Heaslip

    EBITDA is an acronym that stands for “earnings before interest, taxes, depreciation, and amortization.” It’s a business metric used to assess a company’s financial health and ability to generate cash. In this guide, we’ll break down the components of EBITDA, how to calculate it, and when this key metric can come in handy for your small business. What is EBITDA? EBITDA is often used as a way to gain insight into a company’s cash flow.

  • 1 week ago | uschamber.com | Emily Heaslip

    A vision statement is a concise, forward-looking statement that articulates an organization's long-term goals and aspirations. It guides decision-making and strategic planning, providing a clear picture of what the organization hopes to achieve. Vision statements are typically found in business plans. They differ from mission statements, yet serve similar purposes: coordinating efforts across the organization toward a similar outcome.

  • 2 weeks ago | uschamber.com | Emily Heaslip

    Starting a new business can be daunting. Breaking it down into smaller steps can make the process feel more manageable and help you build momentum until your first sale. If you have a great idea, but you’re not sure how to get it off the ground, start with this checklist. How to start a businessThe process of starting a business does vary based on your industry and your resources. Things like permitting, hiring, and getting the right insurance change from venture to venture.

  • 3 weeks ago | uschamber.com | Emily Heaslip

    LinkedIn’s 2025 Workforce Learning Report found that so-called “career development champions” outperform organizations that don’t invest in employee learning and development on a range of positive indicators. Companies that commit to workforce development say it contributes to profitability, employee retention, recruitment, and AI adoption. For small merchants, employee training can be a win-win for your team and for your business.

  • 3 weeks ago | uschamber.com | Emily Heaslip

    Many merchants know the importance of delivering feedback but are less certain how to structure employee reviews to keep employees from leaving. How often should you host an employee review meeting? Who should be in the room for an employee review? What are the best ways to track employee performance? This guide will cover everything you need to know to keep your best workers engaged and productive. Why do good employees leave? There are myriad reasons why employees leave a job.

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