Business Update – June 29 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Exxon CEO predicts every car sold will be electric by 2040 Darren Woods said during an interview last week that the bold prediction is not a threat to Exxon’s business. He stated that even with the change, oil demand would only drop down to 2013-2014 levels, which was still…  Read more

How to protect the goodwill in your business

It takes time, energy, and continuous effort to build a brand that attracts loyal customers and is rewarded by word of mouth referrals. Without a doubt, the good name you worked so hard to earn is one of your most valuable business assets; in addition to your solid customer base and positive employee relations, it is what is known in business as “goodwill.” If you’re like many small business owners,…  Read more

Business Update – 22 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. After bad end to last week, stock futures see slight improvement The stock market showed hints of improvement on Monday. Emerging after last week’s freefall, investors questioned if last week’s selloff had gone far enough to price in concerns about rising rates and slowing growth. Gas prices ease a…  Read more

Is it the right time to take out a business loan?

In the lean, early years of running a business – that crucial time when most startups need capital – qualifying for a loan can be difficult. Step one is to build a solid credit rating, so a lender feels confident your company isn’t a high risk for repayment and can say “yes” to your application. Once you’ve established a positive credit score, the perfect time to take out a business…  Read more

Business Update – 15 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Jan. 6 hearing continues to dominate headlines Politico has provided a summary of the second hearing, which took place on Monday. It can be found here. Recession fears loom after Wall Street plunge The S&P 500 sunk more than 20% below its record low on Monday, falling firmly into…  Read more

Main Causes of Stress for Business Owners & How to Counter Them

Many entrepreneurs believe that hard work and dogged determination are all it takes to build and sustain a successful business. But when you consider the pressures of running a company, it seems wise to add effective stress-management to the list. Left unchecked, stress can erode your passion and undermine performance – not to mention, take a serious toll on your health. Research compiled by Office Vibe reveals that over 70%…  Read more

Business Update – 8 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Price of gas rises yet again The national average gas price is now $4.87, with 10 states sitting at over $5 a gallon. Many more states are just pennies away, and costs are expected to rise further over the summer. Elon Musk threatens to walk away from Twitter deal…  Read more

3 Ways to Delight Your Online Customers

Businesses are increasingly moving online to expand their reach and provide the best possible experience to their customers. Being online, however, means more competition, so business owners must come up with ways to amp up their game to gain a bigger market share. If you own an ecommerce business or are looking to start one, read on to learn about ways to delight your online customers. Put the buyer’s journey…  Read more

Business Update – 1 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Market rally extends gains Coming off promising increases at the end of last week, Dow Jones futures rose recently, snapping a weeks-long losing streak. Biden meets with Powell amid rising inflation rates President Joe Biden met with Federal Reserve Chair Jerome Powell at the Oval office on Tuesday to…  Read more

4 Key Areas to Evaluate in Your Business Budget

With the potential for business life to return to something resembling normal, it’s a good idea to take a look at your budget and see where you may need to shift some of your priorities. Pay attention to how your spending over the past few years affected your business and either helped you achieve, or took you away from, your overall goals. Considering how your business and your employees functioned…  Read more

Business Update – 25 May 2022

US Weekly Digest – May 25, 2022 Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. President’s comments signal change from strategic ambiguity policy with China During a visit to Tokyo, President Biden said that the US would intervene militarily if China were to invade Taiwan. Starbucks follows McDonald’s out of Russia for good The coffee chain announced…  Read more

6 Unconventional Ways to Market Your B2B Company

Sometimes you want to try something new when it comes to networking with other business owners. Here are some unconventional ways for you to grow your network and bring in new leads. 1. Collaborate with others in the industry You know your niche, so you know the questions to ask others when it comes to your industry. Collaborate with people who fit your ideal market. For example, you could create…  Read more

Business Update – May 18, 2022

US Weekly Digest – May 18, 2022 Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Gas prices of $5/gallon could become the norm The price of gas hit a new record high on Monday, reaching $4.48/gallon. Prices have increased 40 cents in a month, and are now 27% higher than they were the day before Russia invaded…  Read more

4 Steps to Retiring Early

Early retirement may sound like a big dream, but it is achievable if you’re willing to do some planning and stick to your strategy. Here are four steps you can take to put yourself in a position to retire early. 1. Figure out how much money you’ll need after you retire This involves figuring out what age you want to retire at–if you want to retire at 55 you’ll need…  Read more

Business Update – May 11 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Americans rapidly taking on debt Consumer debt levels climbed by $52.4 billion in March, according to Federal Reserve data released Friday. Pent-up spending after lockdown and consumers turning to credit cards to cover rising cost of living are likely factors, says credit analyst. Feds increase interest rates by 0.50%…  Read more

How to finance your child’s education

As a parent, you may worry about how to ensure your child can receive a post-secondary education. Costs are constantly rising, and you may face high tuition fees as well as cost of living expenses if your child has to live away from home. Here are some steps you can take to save for your child’s education. Be clear about what you can and cannot afford to pay Being clear…  Read more

Business Update – May 4, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.   US GDP falls The US GDP fell 1.4% in the first quarter, the first time the economy has shrunk since early in the pandemic.    S&P 500 drops more than 13%  The S&P 500 had its worst four-month start to a year since 1939, falling more than 13%…  Read more

Weekly Digest – April 27 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Government Sees Strong GDP Growth in 2022 While the government sees more risks to the economy in the months ahead due to rising prices and Russia’s invasion of Ukraine, it still expects healthy GDP growth in 2022. This comes after the International Monetary Fund estimated that the US will…  Read more

5 Effective Ways to Find New Clients

If you want your business to continue growing and thriving, you’ll need to find ways to bring in new clients. Here are 5 ways you can find new clients for your business. 1. Set aside time for marketing Regardless of whether marketing is your preferred activity, you need to set aside time for it. It’s easy to put marketing at the bottom of your priority list, but doing so makes…  Read more

Business Update – April 20 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. CDC Removes All Countries from COVID “Do Not Travel” List The US Centers for Disease Control and Prevention has removed all countries from its “Do Not Travel” recommendations. The highest Level 4 designation will now be reserved for “special circumstances” reflecting a dangerous spike in COVID-19 cases, a new…  Read more

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