From sandwich makers to sporting-goods sellers, business sectors throughout the economy are slumping, according to Yelp data. The newly launched Yelp Economic Average charts 30 representative categories of businesses, combining consumer demand on Yelp with openings and closings of businesses. (Yelp Blog)
Small business owners lose 24 working days a year due to work worries — and it’s costing them thousands, according to new research.A new study into the lives of 1,000 American small business owners found the average owner loses 44 minutes of productive work time every day due to worries about their business performance, security and other areas. (New York Post)
Before small business owners pick a marketing channel or channels, they need to answer some key questions for themselves, says Ramon Ray, a small business consultant. Here are some tips from small business owners about selecting a marketing method. (Associated Press)
Amazon’s responding to a wake-up call: The retail company makes more money letting other people sell to customers on its marketplace than it does selling to customers itself. The company has been opening up more e-commerce features and capabilities to third-party sellers that were once reserved for wholesale vendors, and shifting resources to be more hands-on with third-party sellers. (Digiday)