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The Biden administration recently emphasized the strength of the US economy. That’s good news for small businesses, as it gives you the chance to expand sales and operations. The steps you take in the next months will set the stage for the entire year. To help you get off to a flying start, the list of small business tips below is based on emerging trends in the entrepreneurial sphere. Business owners everywhere can apply these tips and come out stronger than ever. How to make a small business successful Not everyone has the budget to hire for growth. However, don’t let this stop…
Source: Deloitte Access Economics, Business Outlook. And as the economic cycle passes its nadir and begins to pick up again, Australia's reeling economy cannot afford to sit idly by and watch today's cost of living crisis unfold. Instead, Australia's business sector should also look to 2024 as a year that offers growth opportunities. According to these forecasts, business investment appears to be slowing, with only 2.9% growth in 2023-24 and 1.6% growth in 2024-25. But beyond short-term economic cycles, there are significant opportunities (and some challenges) for Australian businesses through the uptake of AI and the transition to net-zero emissions…
Cartels bring assault rifles and other weapons into Mexico through strong underground supply chains, taking advantage of the country's proximity to the US' $21 billion gun and ammunition manufacturing industry and relatively lax regulations on weapons purchases. . About 70% of Mexico's guns come from the United States, and the flow of weapons southward powers the same organizations that smuggle drugs and migrants north across the U.S. border. These groups rely on guns to maintain trade routes and protect themselves from Mexican military and police. Over the years, these powerful criminal organizations have developed supply chains, often originating from the…
When I was 17 years old, I was obsessed with comics. I read, collected, and drew. The only world I knew was that of sequential art. I didn't fit in at school, felt aimless studying for high school entrance exams and doing homework, and suffered from anxiety and depression.Drawing pictures was very therapeutic and soothing. I was hiding behind my character's challenges and distracting myself from my own. When my parents gave me my first laptop, I started posting my comics online and created a webcomic called Majesty.Surprisingly, Majesty went viral. It quickly gained thousands of fans from all over…
⏰ Estimated reading time: 8 minutesEven if you are a limited liability company or LLC, a lawsuit can put your business at risk. LLC owners need business insurance to protect their assets and comply with contracts and laws.Although you may need more than one type of coverage, general liability insurance for LLCs is a must-have for most businesses. Depending on what you do and where you do it, it may make sense to purchase professional liability insurance, workers' compensation insurance, and other insurance.The good news is that you can often purchase the LLC insurance you need online in minutes. Most…
LaylaBird/E+ via Getty Images Real retail sales resume growth The just-released real retail sales for September showed growth for the sixth consecutive month, with the year-on-year rate turning positive.Sales have returned to the growth trend of the previous economy. Magnification (red line on chart). This completes the two-and-a-half year period of historic surge from May 2020 to April 2021. economic lead This record surge pushed inflation to its highest level in 40 years. After two-and-a-half years of flat to declining real sales and negative year-over-year growth in 10 out of 11 months, inflation has begun a downward trend that is…
From theory to practiceIn 1962, economist Paul Samuelson showed that time dispersion is a mathematical fallacy when using standard economic assumptions. In other words, the idea that investors should hold relatively safe assets for short-term goals and finance long-term goals with riskier assets is a fallacy. According to Samuelson, if you loved stocks for 40 years, you'll probably love stocks the same way for one month.Future researchers have circumvented Samuelson's findings, but have not disproved them. However, his discoveries remain ignored. Morningstar, like other investment websites, regularly publishes articles based on time diversification. Investment professionals do the same when creating…
The Biden administration recently emphasized the strength of the US economy. That’s good news for small businesses, as it gives you the chance to expand sales and operations. The steps you take in the next months will set the stage for the entire year. To help you get off to a flying start, the list of small business tips below is based on emerging trends in the entrepreneurial sphere. Business owners everywhere can apply these tips and come out stronger than ever. How to make a small business successful Not everyone has the budget to hire for growth. However, don’t let this stop…
Marshall Space Flight Center recognized the 2023 Top Contractors, Subcontractors, Teams and Individuals at the 36th Annual Meeting of the Marshall Small Business Alliance.The event was held on September 21st at the US Space and Rocket Center's Davidson Space Exploration Center. Approximately 600 attendees from industry and government gathered to network, learn about business opportunities, and recognize outstanding achievements in supporting NASA's mission and the small business community.”Marshall is a powerhouse of opportunity within our community and beyond,” said David Block, small business specialist for Marshall's Office of Procurement.Marshall's Industry & Advocate Awards are presented annually and reflect sustained achievements…
A circular economy system diagram, known as a butterfly diagram, shows the continuous flow of materials. circular economycircular economyA system solutions framework that addresses global challenges such as climate change, biodiversity loss, waste, and pollution. It is based on three principles driven by design. Eliminate waste and pollution, circulate products and materials (at best value) and regenerate nature.. There are two main cycles. technology cycletechnology cycleThe process through which products and materials go to maintain their highest value at all times. Suitable materials for these processes are those that are not consumed during use, such as metal, plastic, and wood.…