The biggest challenges and threats in 2020:
Cybersecurity: the challenge for you as a business owner in 2020 is to identify your cybersecurity needs and solution – to protect your business, your customers, and vendors’ private data.
Attracting new business: Attracting new business was cited as one of the top 2020 challenges by small business owners in a Wells Fargo/Gallup Small Business poll.
Competitors; Competition from online retailers and larger corporations was the second-highest-rated challenge cited by small business owners in the Wells Fargo/Gallup poll.
User reviews: The power of user reviews is a marketing trend that small businesses can’t afford to ignore in 2020.
Cash Flow Management: Managing cash flow continues to be among the biggest challenges for small business owners.
What are your biggest challenges in 2020?
How do you plan to solve your biggest challenges?