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SMALL BUSINESS-BY-THE-BAY

Restaurant Extortion + Prime Days + The Audit You DO Want + State of Bay Area Small Biz

7/10/2022

 
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At this point, nothing is shocking, but here are some stories we found hitting San Francisco that you should have on your radar. Plus if you’re in the retail world here in the Bay Area, the FINANCE section below is a must read. Here’s this past week’s finds, enjoy!
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THE GOODS TO GO BIG + MAKE BIZ LIFE EASIER

Here are the goods, lots of info that you may have missed this week:

FOOD BIZ
Restaurant Extortion: This article by the SF Chronicle details out what has been happening to many fine dining restaurants and other businesses throughout the City and how fake Google Biz reviews from networks overseas are heavily impacting online reputations.

PRIME DAYS
Next week, both Tuesday 7/12 + Wednesday 7/13 are Amazon Prime Days, got a plan to grab the attention of all these hungry shoppers? My advice. This is your chance to move the stale inventory that’s been sitting there, preventing you from investing in new, fresh inventory. Even if you break even, get your money back and reinvest it in product that will move.

STATE OF BAY AREA SMALL BIZ
How a 6K sqft space for $100/month in San Francisco has come about through creativity, but here’s another story from ABC7 that shares the details on how/why 48% of San Francisco storefronts (many are retail) are still closed (scroll down the linked page) down from 51% at the pandemic’s worst. 

FINANCE
Next week, my fellow small biz advocate, Larry Hebert and I are visiting the Monterey Peninsula to optimize a retail biz owner’s cash flow. We know financials aren’t fun, but it’s not a time to ignore them if it’s getting overwhelming, whether it involves landlords, inventory control, loans or even bookkeeping. If your Bay Area retail operation is in a situation that’s keeping you up at night, we’re out to help make sure Greater Bay Area businesses are on the right track financially, so reply to this email with your situation and just know that there are people who really want to help you without a catch.

SEARCH
Didn’t see a resource or link worth clicking? I’ve created a ton of content with articles, videos and links over the last 12 months that are still super relevant. Click HERE to search the entire BryceRoot.com resource site.

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