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Carol Oakleaf and Lori Loveless, left, show off boxes of clothing donations for the Fort Scott Community Closet at Fort Scott Washateria in this 2019 photo. Fort Scott Washateria is a family-owned business that was opened in September 2019 by Carol Oakleaf, her daughter Lori Lovelace, her son-in-law Leroy Walker and her son Doug Oakleaf. “As part of our community outreach efforts, we're partnering with Southeast Kansas Community Health Center, Healthy Bourbon County Team and COPE to host Wash Wednesdays starting Nov. 1,” Lovelace said. Community Organizations to Advance Equity (COPE) is a project of the University of Kansas School…
Black women in America share a unique experience as business owners, facing challenges rooted in both systemic sexism and racism, and often lacking financing options. To better understand the challenges Black women entrepreneurs face in getting their businesses off the ground, we spoke to five successful business owners to learn how they overcame challenges. She shared her thoughts and offered advice to other Black women entrepreneurs.Business Tips for Black Women EntrepreneursBlack women entrepreneurs face unique challenges when starting a business due to funding hurdles and other issues. For example, Black entrepreneurs, on average, completed more applications for financial entrepreneurship assistance…
In this article, selected people and culture experts will speak. Utah Business Forward. This dynamic event, comprised of five different tracks covering entrepreneurship, international business, marketing, people and culture, and strategy, will take place on November 16, 2023 at the Grand America Hotel in Salt Lake City. click here Click here for more information about the event. WWhen it comes to modern business, success is no longer defined solely by financial metrics or market dominance. Rather, the heart of a thriving organization is its people and culture. But what really fosters this important aspect of a company's identity? Is it…
Since its launch in 2005, YouTube has become a modern media powerhouse. Currently, YouTube has more than 2.6 billion users worldwide and 122 million daily visitors. More than 500 hours of video are uploaded to the site every minute, with more than 41,000 channels that exceed 1 million subscribers. The platform was purchased by Google in 2016 and currently ranks No. 2 for global and domestic web traffic.Editor’s note: Looking for a tool to help you with social media management? Fill out the below questionnaire to be connected with vendors that can help.Marketing is moving toward video over static content…
Today’s consumers are just as interested in a business’s corporate social responsibility practices as they are in its products and services. This is good news for eco-minded entrepreneurs. If you’re interested in starting a company that can make a lasting environmental impact, consider the following 23 eco-friendly business ideas. You can simultaneously make money and help save the planet.Green business ideas for eco-minded entrepreneursEco-friendly companies may include outdoor apparel brands, businesses that make reusable plastic bottles, eco-friendly cleaning companies, businesses that install solar panels, a local recycling business, and many other potential ventures. If you want to start a business…
When you start a new business, there’s a good chance you’ll have to register your company to acquire a business license and other necessary operational permits. Your business location and industry will determine which licenses and permits you need. Since acquiring a business license can take considerable time and resources, it’s crucial to know which ones apply to your business (and how to get them) as soon as possible. What is a business license?A business license is your company’s legal registration that permits you to operate within your industry and jurisdiction. Small businesses are legally required by federal, state and local governments…
Although small businesses are often thought of as small businesses, they actually make up a large portion of the U.S. economy. According to the U.S. Small Business Administration (SBA), small businesses make up more than 99% of U.S. businesses and employ more than 46% of all private sector employees. Given their enormous influence in the U.S. economy, it's clear that small businesses are the backbone of America. Small business owners need to know the value of their business and how it impacts those around them, including large corporations. Read this article to learn about the broader impact small businesses have…
Many individual investors are now choosing a purely passive approach and going all-in on the S&P 500 for equity exposure. It's easy to see why. The go-to US indexes have performed very well over the past decade. However, in today's different economic context, in a world of rising inflation and rising interest rates, the returns may not be as promising. So if you're looking to invest in stocks for the next 10 years, you'd better find a new winner.Why not own the S&P 500?Even if you passively choose the S&P 500 as your primary exposure to stocks. teeth We welcome…
Economies tend to fluctuate in a cyclical pattern with periods of expansion and contraction. So you might think it would be easy to figure out where we are in the cycle and when things really change. But sometimes the economy sends conflicting signals. Fortunately, Morgan Stanley has a business cycle model for this. Unfortunately, however, the economy is sending a clear message that it has just entered a 'recession' phase…Wait, how do we know that?Morgan Stanley's model doesn't just track hard economic data like employment and manufacturing production. It also incorporates soft data such as consumer confidence, market data such…
From theory to practiceIn 1962, economist Paul Samuelson showed that using standard economic assumptions, time diversification is a mathematical fallacy. In other words, the idea that investors should hold relatively safe assets for short-term goals and riskier assets for long-term goals is false. According to Samuelson, if you've favored stocks for 40 years, you'll probably favor them just as much in a month.Subsequent researchers have denied, but not disproved, Samuelson's findings, but they continue to be ignored. Like other investment websites, Morningstar regularly publishes articles that assume time diversification. Investment professionals also do so when constructing their portfolios. For example,…