This Week in Business Strategies

This week's roundup addresses what we can learn from PPP, tapping into a new customer base, and planning for the future.

May 17, 2021—To better assist shop owners with their business-building tactics, Ratchet+Wrench has compiled a short list of essential leadership material from some of its favorite sources. Here's a look at a few must-read articles from the past week.

The PPP Is Out of Cash. Three Ways It Could Improve in the Next Crisis — Inc. 

The forgivable loan program helped more than eight million small businesses access more than $780 billion in aid. But former SBA boss Michael Roth says it could have been a less painful process.

Attention Small Businesses: There's a Generation-Sized Untapped Customer Base — Entrepreneur

This potential market is roughly the same size as Generation X.

The High Cost of Poor Succession Planning — Harvard Business Review  

Companies need to start succession planning well before they think they need to.

About the Author

Ratchet+Wrench Staff Reporters

The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.
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