What are the key issues facing small businesses this year?<\/p>\n
On The Small Business Radio Show<\/a> this week, I talked with Chris Shank who is the Vice President of Retail-to-Business (R2B) Sales for Verizon Business<\/a>, overseeing operations across 28 states with a team of over 450 employees that generates $1,042M in annual revenue.\u00a0 He is responsible for driving sales and financial performance, enhancing the customer experience, fostering a strong organizational culture, and leading strategic planning efforts.<\/p>\n These are the major issues facing every small business this year:<\/p>\n Trend Analysis: AI usage among small businesses has more than doubled in the past year. This surge is driven by the recognition of AI\u2019s potential to automate tasks, enhance customer interactions, and streamline operations.<\/p>\n Actionable Tips:<\/strong><\/p>\n Understanding the Fear: While some small business owners are excited about AI, others view it as a threat. This fear often stems from unfamiliarity with the technology.<\/p>\n Actionable Tips:<\/strong><\/p>\n Alarming Statistics: Chris shared that 68% of data breaches involve a non-malicious human element, and 77% of web application attacks involve stolen credentials. These statistics underscore the importance of robust cybersecurity measures.<\/p>\n Actionable Tips:<\/strong><\/p>\n Benefits and Pitfalls: SaaS consolidation can streamline operations by reducing the number of vendors a business works with. However, it\u2019s essential to consider the costs associated with data migration and integration.<\/p>\n Actionable Tips:<\/strong><\/p>\n Changing Landscape: Social media remains a vital channel for small businesses, but its use is evolving. Traditional social media marketing is declining, while social media storefronts are on the rise.<\/p>\n Actionable Tips:<\/strong><\/p>\n Listen to the entire interview on The Small Business Radio Show.<\/a><\/p>\n This article, “Unlocking the Power of AI for Your Small Business<\/a>” was first published on Small Business Trends<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" What are the key issues facing small businesses this year? On The Small Business Radio…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-749","post","type-post","status-publish","format-standard","hentry","category-business-ideas"],"_links":{"self":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts\/749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/comments?post=749"}],"version-history":[{"count":1,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts\/749\/revisions"}],"predecessor-version":[{"id":750,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts\/749\/revisions\/750"}],"wp:attachment":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/media?parent=749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/categories?post=749"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/tags?post=749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}AI Adoption<\/h3>\n
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Overcoming AI Fears<\/h3>\n
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Cybersecurity Essentials<\/h3>\n
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SaaS Consolidation<\/h3>\n
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Evolving Role of Social Media<\/h3>\n
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