Babylon Solutions

How Small Businesses Can Overcome Supply Chain Issues

Supply chain issues have been causing a headache for small businesses since the start of the pandemic in 2020. Between shutdowns, labor shortages, fluctuations in demand, and logistics issues, supply chain challenges seem to be an ongoing problem that is here to stay. So how can you overcome the supply chain disruption without it causing …

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7 Best Practices for Increasing Employee Retention

Over the last 2 years, Americans have been quitting their jobs in record numbers. In 2021 alone, over 47.8 million U.S. workers quit their jobs. Because of this, many small business owners have found themselves struggling to fill open positions and to retain their current employees during what’s been deemed, “The Great Resignation”. The U.S. …

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Protect Your Small Business from Inflation with These 3 Strategies

A recent study from the U.S. Chamber of Commerce found that 85% of small business owners are concerned about the impact of inflation. Furthermore, 1 in 3 small business owners now rank inflation as their biggest challenge, up from 23% last quarter. While the majority of all businesses will likely be affected by inflation, it …

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3 Tips to Overcome Cash Flow Problems in the Construction Industry

Construction companies are no strangers to cash flow issues. Common issues like slow-paying customers, fluctuations in demand, difficulties in meeting payroll, and having to float project costs all take a heavy toll on the owners of construction businesses. According to the most recent Construction Cash Flow & Payment Report, 97% of construction professionals experienced stress …

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How to Tell if Your Growing Business Needs More Funding to Thrive

As an entrepreneur, you know that in order for a company to grow, it must have adequate capital. And while your business may be thriving now, it’s important to continually evaluate where you are and what your future growth plans are. Stay one step ahead of the competition by having the foresight to recognize when …

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