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Casper 1774 Studio While the headline numbers from JOLTS (naturally) grabbed all the headlines, Ross MKM says investors should look at retirement rates as a more accurate gauge of the economy. Job openings fell below 9 million for the first time since March In 2021, Animal spirits in danger On Tuesday, the percentage of people leaving voluntarily fell to 2.3%. Chief economist and strategist Michael Darda said the job-cutting rate is now approaching levels seen at peaks in past business cycles. “The unemployment rate tends to be a predictor of labor market pressures and leads wage and salary growth,” Darda…
(Dennis Pageot/Getty Images) The ownership group for North America's new Women's Professional Hockey League (PWHL) has a business plan that spans at least 10 years, according to Los Angeles Dodgers president Stan Kasten, who is leading business operations.The Mark Walter Group and Billie Jean King Enterprises, financial backers of the Women's Professional Hockey Players Association (PWHPA), originally planned to launch a women's league in 2024. In June, it acquired the existing Premier Hockey Federation (PHF) and all its organizations. Assets were leveraged to create a single unified women's ice hockey league in the United States and Canada.Revealing plans for the…
Automated investing is a broad term that refers to technology-driven investment management methods that use algorithms and mathematical models to invest funds on behalf of clients. It offers a rational and cost-effective way to invest, especially for investors who are comfortable with technology. To use Automated Investing, it is essential that potential users understand their investment needs and how the features of this tool fit with their respective financial and investment goals. Important points Automated investing is a technology-driven method of investment management that uses algorithms and mathematical models to invest funds on behalf of customers.Automated investing and robo-advisors typically…
The wedding venue business is constantly evolving. To attract customers – and make money – the wedding venue business owner has to keep tabs on what people want, provide excellent customer service and be ready to adapt.To accomplish this in the ultra-competitive wedding venue industry, you’ll need a business plan that includes options for pivoting as the market demands.Understanding the Wedding Venue BusinessWe’ll start with an overview of trends and challenges in the wedding venue business:TrendsEco-friendly Venues: With a rising emphasis on sustainability and environmental consciousness, many couples are seeking out eco-friendly venues. This includes places that utilize renewable energy,…
Facebook Messenger is a powerful communications tool that allows you to connect with existing and potential customers through one-on-one conversations that make social media as personal as it can be. With automations and intelligent chatbots, you can use Facebook Messenger for business to communicate personally at scale, giving customers the individual attention they need without burning out your team. Bonus: Get a free, easy-to-use Customer Service Report Template that helps you track and calculate your monthly customer service efforts all in one place. What is Facebook Messenger? Facebook Messenger is Facebook’s dedicated messaging app and platform. Nearly a billion people…
General liability insurance is a type of insurance. business insurance This helps protect businesses financially if they cause or are accused of causing damage to people or their property.Businesses of all sizes, from sole traders to corporations, typically require commercial general liability insurance coverage. All major commercial insurance companies sell commercial liability insurance, either alone or as part of a policy. Employer policy.Here are some of the best options for small business owners to purchase general liability insurance, and details on how it works and what it covers.Looking for tools to help grow your business?Please tell us where you are…
August 29, 2023An effective organization's operating vision must articulate a plan for success and serve as a north star for employees to work together toward a shared goal. To properly develop an operations vision and execution plan, the COO needs to understand the overall business strategy, how operations can drive that strategy, and what role it plays in delivering results. there is. In a previous post, we outlined the importance of creating a COO agenda and the core elements listed below (the focus of this post is italic): vision—Clearly articulate business-wide goals and the COO's role in realizing them, consistently…
After 100 years of relatively quiet existence as a diabetes drug maker, Danish company Novo Nordisk has suddenly grown enormously and is reshaping Denmark's economy.Why: Two drugs manufactured by Novo Nordisk, Ozempic and Wigovy, have been declared revolutionary in the field of obesity.The company's rapid growth now accounts for almost all of Denmark's recent economic growth, with soaring overseas sales of the drug prompting Denmark's central bank to keep interest rates lower than usual, economists say. say: In the past few weeks, Novo Nordisk's market value has exceeded the size of the Danish economy. The soaring share price has made…
There are many sources of financial grants available to help your small business grow and succeed, including federal, state and city governments, as well as various charitable organizations and corporations. Applying for these grants can be time-consuming, but once you've obtained them, they offer several significant advantages over small business loans. Most importantly, grants don't have to be paid back. Key Takeaways Many financial grants for small businesses are available from federal, state, local, and other agencies.Most grant programs accept applications online.Before you apply, make sure your business meets the eligibility requirements, some of which are very specific.Keep in mind…
End-of-life care is expanding on the city's north side, with two providers building funeral homes about a half-mile apart.Workers are building a funeral home at Blue Ridge Memorial Gardens Cemetery on Airport Road, and at the same time, Serenity Funeral Homes and Cremation Services, headquartered in downtown Roanoke, is renovating the former Terrace Theatre at Crossroads Mall into a funeral home.”Our business has really grown,” said Dwight Steele Sr., president of Serenity, which is family owned.Large funerals, held in the 300-seat chapel on Gilmer Street, can be so packed that people have to stand, he said. And there's not enough…