Some Helpful Tips On Efficient Small Business Lending Plans

Jan 19, 2017  

Loading ... This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe With so many factors impacting the business climate, including the rapid pace of technological change, new political leadership and agendas, as well as shifting consumer preferences, it can be challenging to know how to define your business or startup strategy. However, by looking out for specific changes that kicked off in 2016 and seem to be set to continue into 2017, you can prepare your operations for any necessary business pivots or revisions to certain marketing messaging or tactics. The impressions of how the business climate will evolve this year are based on my insights as an advisor, entrepreneur, and investor, so these are opinions that may or may not be applicable to specific industries or segments. However, these insights can prove to be a good starting point for your own research as a business owner and founder. Increasing Economic Confidence Even with the impending change in presidents and political parties, there are signs that economic confidence among businesses and consumers is on the rise, and will continue that way through 2017. A December 2016 Gallup poll shows that Americans feel confident in the economy for the first time in nine years, which is perhaps tied to the fact that unemployment is also at the lowest in the same time period. Additionally, both consumer confidence and small business confidence are also on an upswing.

http://www.forbes.com/sites/theyec/2017/01/13/five-ways-the-business-climate-will-evolve-in-2017/

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