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Considering dipping your toes into the world of online business but feel overwhelmed about where to begin? Or maybe you’re already running multiple businesses but want to try your hand at eCommerce to develop another income stream. Either way, dropshipping might be the solution you’re looking for. In this article, we’ll teach you how to start a dropshipping business of your very own, quickly and easily. If you’ve never even heard of dropshipping, don’t worry. We’re going to get started by covering what dropshipping is, how it works, and why you should start your own dropshipping business. From there, we’ll…
kurt dirks University of Utah President Mitzi M. Montoya announced that Kurt Dirks has accepted an offer to become dean of the David Eccles School of Business. Dirks is Professor of Business Leadership at Bank of America and Director of the Bauer Leadership Center at Washington University Olin School of Business (WashU) in St. Louis. He will assume his new role on July 1, 2024. Mr. Dirks has been on the public and private business school faculty for more than 20 years and has held multiple senior leadership roles, including senior associate dean, interim dean, and acting dean of WashU…
In the words of Max Planck, science advances one funeral at a time. The Nobel Prize-winning physicist had argued that new ideas in his field would only spread after the supporters of old ideas disappeared. With a little adaptation, he could have also described a disastrous science: economics advances one crisis at a time. The Great Depression provided fertile ground for the growth of John Maynard Keynes' theories. The great inflation of the 1970s popularized Milton Friedman's monetarist ideas. The global financial crisis of 2007-2009 increased interest in credit and banking. In the words of Max Planck, science advances one…
listen to this article When Julie Pettis was looking for a way to honor her late parents, she didn't need to look any further than their motherhood for inspiration. Her parents, Erma and Larry Pettis, met as students at NYU Brockport, New York, in the 1950s. The two studied education and became teachers, then transitioned and opened Pettis Pool in 1962. The East Rochester and Greece-based business is celebrating its 62nd anniversary.n.d. Year of operation. pettis “My parents were great people,” said Pettis, vice president of Pettis Pools. “And when we were looking for a way to pay a lasting…
⏰ Estimated read time: 16 minutesMinority small-business grants offer funding you don’t have to pay back. Below, we’ve included the best small-business grants for minority business owners. We’ve also rounded up other resources where entrepreneurs of color can get free coaching and additional support. Although business grants can give you a leg up, competition tends to be stiff and funding amounts are usually relatively small. You may want to consider alternative financing options as well. We’ll start with a brief questionnaire to better understand the unique needs of your business.Once we uncover your personalized matches, our team will consult you on the…
⏰ Estimated reading time: 6 minutesof The average interest rate for small business bank loans ranged from 5.89% to 12.23%. in the third quarter of 2023, according to the latest data from the Federal Reserve.[0]. However, the price depends on many factors.Understanding small business loan costs can put you in a better position to make the best choices and save money as a business owner. Here's what you need to know about business loan interest rates and fees.We start with a quick survey to better understand your business's unique needs.Once we have found your personalized match, our team will be…
If you buy something through our links, we may earn money from our affiliate partners. learn more.Digital cameras can be an important tool for small businesses. If you have a website, social media channels, or other digital media, you need a high-quality digital camera. But how do you find the best digital camera for your small business?You may be tempted to simply take a photo using your smartphone's camera, but this may not give you the image quality you desire. Smartphone cameras have improved a lot over the years and are very capable, but your best bet for the best…
In business, the butterfly effect describes the phenomenon where the simplest actions yield the largest rewards. The butterfly effect was coined by meteorologist Edward Lorenz in 1960 and as a result, it is most often associated with weather in pop culture. Lorenz noted that the small action of a butterfly fluttering its wings had the potential to cause progressively larger actions resulting in a typhoon. AspectExplanationButterfly EffectThe Butterfly Effect is a concept from chaos theory that suggests that small, seemingly insignificant events or actions can have far-reaching and unpredictable consequences in complex systems. It is named after the idea that…
MONROE COUNTY, Ohio (WTRF) — Neighbors are helping neighbors in Monroe County, Ohio, after devastating tornadoes ripped through many areas of the county. Cleanup continues in Monroe County just weeks after a devastating tornado left residents overwhelmed with property damage. Fortunately, one local company is offering its services free of charge to those affected. Monroe County's excavator, TTA Services, is active and doing everything it can to assist in the extensive cleanup. The company's owner, Tyler Abbott, shares how he helped families today who saw their properties torn apart by the twister. “This barn was stripped down. It was torn…
Does the Chinese government have officials inside TikTok's parent company ByteDance pulling the strings? And will storing data from popular social media apps outside of China protect Americans? These questions appear to be dominating current U.S. thinking over whether to ban TikTok if its owner, Chinese tech giant ByteDance, refuses to sell the platform. But in my opinion, developed over 40 years as a researcher of China, its political economy, and business, both questions obscure a more interesting point. Furthermore, they suggest a serious misunderstanding of the relationship between the state and private enterprise in China. Simply put, China does…