Operational Challenges and Solutions for Small Businesses

This white paper discusses the operational challenges faced by small and mid-sized businesses (SMBs) and the emerging trend of utilizing independent experts to address these issues. Despite a general optimism about future revenue growth, many SMBs struggle with operational inefficiencies, low digital maturity, and gaps in strategic planning. The paper outlines how these challenges hinder effective execution and decision-making within SMBs. It highlights the increasing reliance on external expertise as a solution to overcome these operational barriers. The document details various roles that independent creators can play in helping SMBs streamline processes, improve efficiency, and implement effective systems. Additionally, it presents data on the growing trend of outsourcing key business functions, indicating a significant shift in how SMBs allocate their resources. By leveraging specialized knowledge from external partners, SMBs can better navigate their operational hurdles and enhance their overall performance.