Small Business Owner Should Know in 2025

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Four Trends Every Small Business Owner Should Know in 2025

Small Business

As 2025 progresses, embrace emerging trends helping shape the future of the marketplace. From online shopping experiences to automated tools and data-driven insights, taking advantage of these advancements can help you stand out against your competitors.

Shoppers Prefer Online Experiences
It’s been a common refrain for years, but one worth repeating: Shoppers no longer need to visit physical stores. In fact, many are choosing not to in increasing numbers. According to industry forecasting, e-commerce accounts for a fifth of all retail sales worldwide, something that’s projected to grow to 22.6% by 2027.

E-commerce describes buying and selling products and services online through a website, mobile app or social media. If you’re not taking advantage of this trend now, you could lose a powerful opportunity to make sales.

Fortunately, you don’t need to be associated with a big box store to take advantage of the newest and fastest-growing trend in decades. These tools can help you boost your small business by allowing customers to purchase your goods and services quickly and safely online:

Cybersecurity Concerns Remain Top-of-Mind
In 2024, the average data breach cost reached its highest total ever — $4.88 million — according to cyber insights published by IBM. Small businesses don’t often have access to the same resources as major retailers to protect themselves and their customers against damaging cyberattacks, whether data breaches, hacking events or other kinds of illicit intrusion. It’s important you take the necessary steps to protect your business and customers against these events.

The Federal Trade Commission (FTC) and Federal Communications Commission (FCC) offer advice and tips for small businesses, including training employees in security basics and setting up secure computers and networks. However, these won't be able to assist your business should the worst come to pass; you must secure a Cyber Insurance policy to help manage your risk and ensure you can respond appropriately in the event of a breach.

Not only will this coverage help protect your business against losses resulting from a cyberattack, but it can also assist with:

  • Defending your business in a lawsuit or regulatory investigation.
  • Establishing a breach hotline, credit notification and similar services for affected customers.
  • Covering fines, fees and penalties related to the incident.

Complete Everyday Tasks Faster with Artificial Intelligence (AI)

With AI tools, you can streamline processes, reduce human error and free up valuable time so you can focus on other business tasks. Some areas where you can leverage AI tools include:

  • Customer service – Support your existing customer service staff with a virtual one capable of instant responses, handling a high volume of inquiries and around-the-clock service. However, AI customer service has its downsides, including a lack of personality and empathy on top of privacy concerns.
  • Sales and marketing ­– Craft compelling content for your social media channels, newsletters and more, thanks to generative AI. These tools are great at helping you move past writer’s block, but be sure to apply your creative touch and brand voice from there.
  • Reducing workplace monotony – Repetitive tasks can make the workday drag. Let AI handle simple tasks such as monthly meeting scheduling, deadline reminders, inbox sorting, inventory analysis and more.
  • Digital security – Businesses of all sizes can be the target of cybercriminals. With AI security tools, you can automate security functions that allow your business to react quickly to an attack. This can help save you time, money and headache. 

While AI tools deliver convenience, they can expose you to additional risk. State legislators and federal regulators have passed or are working on passing laws to regulate employers' use of AI systems. These bills aim to mitigate the risk of algorithmic discrimination and ensure fair treatment.

Data Insights Drive Business Strategy
With the proliferation of AI, it should come as no surprise that diving deep into customer data has become a focus for business owners in 2025. While it’s always been key in overall business decision-making and efficiency efforts, data has increasingly become a critical part of marketing efforts. By gleaning a deeper understanding of customer preferences, needs and habits through data, you can better respond to their changing desires and evolving market conditions.

The American Independent Business Coalition (AIBC) is here to help small business owners achieve their dreams. With access to unmatched discounts, invaluable services and special resources, we make it easier for you to succeed in your profession. To learn more about the benefits of becoming an AIBC member, visit aibcoalition.com.

Articles in this newsletter are meant to be informative, enlightening and helpful to you. While all information contained herein is meant to be completely factual, it is always subject to change. Articles are not intended to provide medical advice, diagnosis or treatment. Consult your doctor before starting any exercise program.

Benefits may not be available in all membership levels. For more information, or to upgrade your membership, please call 1.800.992.8044.

 

 

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