California Gov. Gavin Newsom signed Assembly Bill 5 last autumn, a bill that could make gig businesses like Lyft and Uber class their workers as employees rather than independent contractors. The new law states that workers must be classed as employees if a business controls the way they require tasks to be performed, or if that work is used…
COVID-19 Remind SBOs of the Importance of Disaster Recovery Plans The COVID-19 pandemic has been brutal in all regards. But it’s been an especially powerful reminder that even when we think we’re in control, there are outside forces that threaten to tear us apart. A good disaster plan can help mitigate damage in situations like…
With the onset of coronavirus panic, many see this as proof of the “failings” of capitalism as bread shelves are finally empty in the midst of a global pandemic. Although it took this much to turn American stores into what is essentially just a Venezuelan Thursday, this means that it’s time to decry the weak…
4 Ways Regulations Hurt Small Businesses – And Not Just In The USA! Regulatory burdens are cited as one of the major challenges by small businesses. While many regulations apply to certain industries, some regulations apply to every industry in common. Here are some of the ways how the regulations hurt the small businesses. Federal…
Finding a good sourcing company can be crucial to the success of any company. It doesn’t make a difference whether it’s a small startup, a thriving company, or a chain business. The common denominator shared among all is the sourcing company that they use. The leading number of firms that have failed from the start…
Due to a financial crisis, banks and financial institutions had created a regulation that made the lending environment demanding and restrictive. SMEs got closed out from financing opportunities, and a lot of them got rejected due to the new algorithm, thus, cutting them off from any additional capital required for the growth of their economy….
With the advancement of social media in our lives, this past decade has opened so many new avenues and job opportunities. There are so many different job profiles now which were merely a skill in the past. Instagram has had a great impact on the world and its people. On average, eight out of ten…
The world of business is a very competitive and challenging one, and this can make it very difficult for small businesses still trying to find their way. When you have bigger, more established companies as rivals, you may feel that it is impossible to compete. Fortunately, digital technology means that this is no longer the…
Who do people consider to be less ethical or honest than either telemarketers or used car salesman? If you said Washington politicians, you’d be right on the button. According to Gallup News Services, members of Congress are right at the bottom of perceived ethical behavior and honesty. Every year Gallup issues the results of a…
There are 3,2 billion users of social networks in the world. People communicate here, read and discuss the news, and make shopping decisions. You must admit that such an audience is attractive to business. Let’s figure out how to set up social networks to attract potential customers and expand a loyal audience. Which Social Networks…