The holidays are over, the new year is here, and it’s time for everyone to get back to work. One way to get rid of the “holiday hangover” is to start looking forward to what the new year holds. Here are some small business trends for 2019 to keep in mind as you plan your business strategy for the new year.
The Talent War Rages On
Unemployment is at its lowest in nearly fifty years. That means it’s a job seeker’s market and workers have options. Job-hopping is on the rise as younger generations shop around for the workplace they like best. In order to retain talent, small businesses need to offer competitive pay, benefits, perks, and company culture. And while some experts are predicting an economic downturn in 2019, there are still more jobs than workers.