Many of us entrepreneurs start our businesses as technicians. This means we have a skill, specialty, or trade that we apply to serve our clients. We open our businesses to provide the product or service that stems from that expertise. And some business owners like being the technician. They want to be the one to coach the client one-on-one or do the manicures or review their … [More]
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With Jobs Eliminated Daily, Is Now the Right Time to Buy a Business?
By Terry Monroe
The economy and job market have been on a roller coaster since the pandemic hit in the early part of 2020. First, the stock market took a nosedive and reached some all-time lows, only to rebound to all-time highs. The same has occurred in the job market. First, we were experiencing the lowest unemployment in years, only to be followed by the highest unemployment since the … [More]
Organizations with a Culture of Connection Hold the Competitive Advantage, As Do Their Employees
inbusinessPHX.com
To prevent negative effects of social isolation employees might be experiencing during the COVID-19 pandemic, leaders should strive to build a culture of connection. In Connection Culture: The Competitive Advantage of Shared Identity, Empathy, and Understanding at Work, Second Edition (ATD Press, September 2020), leadership experts Michael Lee Stallard, Todd W. Hall, Katharine … [More]
Healthcare Startups Raised $111.4B in Total Funding, a 34% Jump Year-Over-Year
BuyShares
The coronavirus pandemic put enormous pressure on the healthcare industry, forcing pharmaceutical giants and institutions to roll out clinical trials for a COVID-19 vaccine at breakneck speed. But behind the COVID-19 outbreak as the main healthcare issue in 2020, large health systems and venture capital firms continued investing millions in startups whose products could bring … [More]
Remote Work Set to Nearly Triple in the Post-COVID World
XpertHR
New Providence, NJ (September 22, 2020) – The average percentage of employees who will work remotely at least part of the time is projected to nearly triple from 12% before the COVID-19 pandemic to 30% after the pandemic, according to 835 US employers responding to XpertHR’s Survey on Employer Response to COVID-19. During survey fielding—which was late July to mid-August … [More]
Disrupt the Disruption: How Businesses Can Meet COVID-Forced Changes Head-On
inbusinessPHX.com
Businesses continue to navigate the changes that COVID-19 has wrought on the economy, rethinking how they serve customers, searching desperately for ways to cut spending, and trying to make long-term plans while ensuring short-term survival. But it’s worth remembering that change that disrupts the economy is nothing new – with or without a pandemic, says Juan Riboldi, an … [More]
The Struggles of Small Business Don’t Bode Well for the Overall Economy
inbusinessPHX.com
The year 2020 can’t end quickly enough for most small business owners. Across the country, the pandemic forced many of them to close their operations temporarily – or permanently – and the continued economic uncertainty threatens to kill the ambitions of entrepreneurs who planned to launch businesses but now must put their dreams on hold. None of that bodes well for the … [More]
Why Do I Have to Praise Someone Just for Doing Their Job? And 4 Other Questions Leaders Have about Appreciation
by Liz Uram
Do you ever feel like there is way too much appreciation going on in your workplace? If you said no, you’re not alone. Your team would probably say the same thing. A Gallup survey revealed that 65% of employees haven’t received recognition in the last year. This directly correlates to the studies that consistently report that two-thirds of American workers are … [More]
Five Tips for Success in a Multi-Cultural Workplace
by Stacey Lynn
By standards relating to both morality and money, a diverse workplace is a successful workplace. In a brick-and-mortar office, diversity in the workplace is generally limited by the demographics of a given locale. As most know, COVID-19 forced many companies to start working completely remotely, and a lot of those companies are expected to continue this style of work, at least … [More]
Keeping Your Career Goals On Track, Even in a Remote World
inbusinessPHX.com
Is remote work and a lack of face-to-face time with the boss derailing career advancement for ambitious employees? Possibly, but even when working from home, savvy individuals can find ways to demonstrate they possess what it takes to move up in the organization, says Kimberly Roush, founder of All-Star Executive Coaching and co-author of Who Are You… When You Are … [More]
