The COVID-19 pandemic has had a severe impact on the American economy. Before the crisis, unemployment in the United States was at a 50-year low while inflation was also under the Fed’s target. After the pandemic, inflation spiked, and unemployment hit record highs. But these are just the large-scale effects of the pandemic. Take a closer look, and you’ll see that the virus … [Read more...]
For small business owners, the current way of conducting business is anything but normal but adapting to the new normal is something that has to be done in order to maintain a healthy profit margin. The good news is that even though the current circumstances warrant changes, you can still come out on top. Data Provides an Abundance of Knowledge Human contact leads to future … [Read more...]
People today do not understand how lucky they are to live in the 21st century. Of course, not everything around today's society is perfect, but the improvement of advanced technology has allowed us to live a more comfortable life. Those changes are visible in all areas of life, and they are especially noticeable in the business world. For example, companies operate … [Read more...]
The need to abandon offices and resume work from home came suddenly and unexpectedly. Thankfully, remote work was already an emerging trend before it became the need of the hour. As a result, when it did become an absolute necessity, most businesses found that the tools and technologies that are needed to operate with distributed employees already exist and are easily … [Read more...]
As thousands of businesses struggle during COVID-19, those that have been able to survive this long remain encumbered by the continuously changing requirements to reopen. More professionals are wary of leaving their homes and thus choose to work indoors. Cities are enforcing strict public health measures which are affecting commercial operations. Sales numbers are dwindling as … [Read more...]
The Coronavirus pandemic has adversely affected businesses all over the world, causing many entrepreneurs to change their marketing strategies to increase their sales. New business trends have emerged this year and small businesses are using them to create new opportunities. The following are the seven top 2020 small business trends. A High Number of Online Retailers More … [Read more...]
As the business landscape has evolved, new technologies and economic changes have shaped the way people do business and has inevitably affected the workplace. Only ten years ago, the technology and benefits that modern innovative workspaces offer today seemed impossible, and working from home was reserved only for freelancers and contractors. Employers who want to keep pace … [Read more...]
Have you suddenly found yourself working from home for the first time? Due to the coronavirus (COVID-19) pandemic currently sweeping the world, many office workers are finding themselves in the same position. When you’re used to working from an office, transitioning to working from your spare room, kitchen, or sofa can be tricky because it isn’t always everything that it’s … [Read more...]
Running a business is expensive, and with the economic uncertainty of today, it’s important that businesses do everything that they can to be in control of their spending. One of the most effective ways to do that is to “go green,” and take steps to make your office functions more sustainable and energy efficient. Not only is going green the right thing to do to help prevent … [Read more...]
Coronavirus is top concern for many organizations right now, and it is making them think through — or rethink — their remote working policies. The outbreak, also known as COVID-19, has prompted the Centers for Disease Control and Prevention to recommend staying home or working remotely to prevent the spread of disease. It is hard to anticipate what could happen next, as the … [Read more...]
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