This year, National Small Business week is May 5th through the 11th. How will you celebrate? Here are five ideas for inspiration.

By FINSYNC

Entrepreneurs are the foundation of the American economy, and it’s time to celebrate them. According to the Small Business Administration’s 2018 Small Business Profile, small businesses account for 99.9% of U.S. firms, employing nearly half of the country’s workforce and generating 1.9 million new jobs annually.

National Small Business Week has been recognizing the country’s small businesses since 1963. We know how busy you are, but why not take a well-deserved break from your hectic regular schedule to celebrate your achievements and those of your colleagues? Here are five ideas to get you started

Attend an Event

The SBA is hosting events throughout the week that you can attend either in person or virtually. Can’t make it to the #SmallBusinessWeek Hackathon or the National Small Business Week Awards ceremonies in D.C.? You can watch the latter live on the SBA’s Facebook page.

In addition to streaming the awards ceremonies, you can also watch live workshops on the SBA’s Facebook page. On Sunday, May 5, tune in for the Next Wave in Digital Commerce Workshop at 4 p.m. EST. On May 6, you can get some helpful Social Media Tips for Your Small Business at 10:30 a.m. EST.

It’s also a great time to check in with your local district SBA office to find out what events they’re hosting near you.

Join the SBA Free Virtual Conference

In addition to streaming awards ceremonies and workshops, the SBA and SCORE are hosting a two-day virtual conference. The free conference will take place on Tuesday, May 7 and Wednesday, May 8 between 11 a.m. and 5:30 p.m. EST.

Designed to help small businesses succeed, the virtual conference will give you the opportunity to meet other business owners, chat with industry experts and participate in webinars on various topics. Beyond the invaluable advice and inspiration, there will also be giveaways, free resources and networking chat rooms.

Live Webinar Topics Will Include: 

  • The U.S. Economic Outlook and Its Impact on Small Businesses
  • Making Sense of Online Marketing: A Simple Checklist for Success
  • Mastering Control of Your Cash Flow
  • Creating Effective Online Ads
  • The Culture Imperative: Drive Growth with Customer Obsession
  • SBA Funding Programs Explained
  • How to Do Business with the Federal Government
  • Disasters Happen: How to Prepare Your Business and Recover

Raise a Glass to Small Business Success

You’ve no doubt heard the disheartening statistics about the percentage of small businesses that fail, but this is the week to celebrate those that succeed. Around 80% of small businesses survive their first year in business, 70% survive the second year and 50% of small businesses are still up and running after five years in business.

Whether your business has been open for six months or six years, if your doors are still open there’s reason to celebrate your success. While you’re at it, go ahead and lift a glass to the winners of the 2019 Small Business Persons of the Year from each state. The national winner will be announced at the National Small Business Awards ceremony streaming live on May 6 at 12:45 p.m. EST.

Know a small business owner who deserves recognition? Nominate your colleague for next year’s awards. Beyond the Small Business Person of the Year, there are 13 additional awards categories that are recognized each year.

Get Social

Why did you start your business? What do you love about your job? Your customers want to know! Share your story on social media to personalize your business and connect with your customers on a deeper level. It’s also an ideal opportunity to tap into the country’s thriving small business network for advice, support and good old-fashioned shoptalk.

The SBA is hosting a Twitter chat on Friday, May 10 at noon EST (@SBAgov). Industry experts will discuss how to start and grow a business, with plenty of tips and resources thrown in. Join the conversation or follow along at #SmallBusinessWeek.

Celebrate Your Customers

National Small Business Week is a perfect time to shift the focus back on your customers with a heartfelt thank you. Why not take it a step further than a nod on social media? Consider rewarding loyal customers who make a purchase during Small Business Week with a discount, coupon or a free gift to show your appreciation.

No matter how you choose to celebrate Small Business Week, take a moment to recognize how far you’ve come to get where you are today. Here at FINSYNC, we want you to know that we see you, we appreciate you and we’re rooting for your success every step of the way.