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
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
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
The nature of some types of businesses make it challenging to come up with a standard price list. For tradespeople and some freelancers, for instance, what’s required in terms of time, skill, labour, and materials frequently vary from job to job. Offering an estimate or quote provides potential clients with a customized figure for what they can expect to pay, based on what will be required to complete a specific… Read more
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
As a small business owner, you’re likely concerned about every penny you spend. That’s a good thing, because you need to keep track of your income and expenses. It also means, however, that you might be less likely to hire people who can help your business. People like bookkeepers, who are great investments for any small business. So what does a bookkeeper do? Bookkeepers take care of the daily financial… Read more
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
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
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
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
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
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
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
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
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
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
Virtually everyone can use a savings account to help build up their wealth, but with so many options available, how do you pick the best savings account for you? The number of options available might make it more difficult to select which savings account to choose, but it also means that with a little bit of knowledge, research and strategy, you can almost certainly find a savings account that fits… Read more
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
If your business hasn’t made it a habit to support a good cause, here’s why you should: giving back does more than make a difference in your community. Participating in charitable activities can have a positive impact on your staff, your customers and your bottom line. Customers want to support companies that demonstrate a commitment to more than earning a profit. A 2010 study by Cone Marketing showed that 85… Read more
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