Small Biz Flash
Small Biz Flash
1-16-24 - How a Fractional COO Can Make Your Business Life Wonderful
FEATURE
A fractional chief operating officer, or a FCOO, can help you make your business life wonderful, getting you back to doing what you love in the business, which is likely not overseeing the daily operational tasks.
* How to know when it is time to hire a fractional COO.
* How a fractional COO helps you as the business owner.
* What a fractional COO brings to the table.
Recommended reading: Rocket Fuel, by Gino Wickman and Mark Winters.
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NEWS ROUNDUP
1 - The Department of Labor has finalized its new independent contractor rule, with big implications for small businesses.
https://www.nsba.biz/post/news-dol-announces-independent-contractor-rule
2 - Recession fears are easing, which may explain why small business sentiment rose in December.
https://www.nfib.com/content/press-release/economy/inflation-returns-as-top-business-problem-on-main-street/
https://www.vistage.com/research-center/business-financials/economic-trends/20240105-small-businesses-welcome-optimism-wsj-survey/
3 β A record-setting 5.5 million small businesses were created last year.
https://eig.org/2023-business-formation/
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