The National Cybersecurity Alliance says, “If you connect it, protect it.” Currently, two out of 10 people work remotely from home full time according to Owl Labs blurring the lines between business/personal environments. This can expose both teleworker and their business to unique cyber threats and attacks. That’s why creating cybersecurity policies and procedures to reflect … [More]
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Is a Seasonal Business a Timely Fit for You? 4 Ways to Make It Work
inbusinessPHX.com
An ever-changing economy creates new opportunities for entrepreneurs, even during these rocky times that COVID-19 has caused. Whether people are looking for a better work-life balance, a new job after having lost one, or an extra source of income, opening a seasonal business is one strategy that fits those goals, says Chris Buitron, president of Mosquito Authority®. “Many … [More]
Global Artificial Intelligence Spending to Surge by 120% and Hit $110B by 2024, Retail and Banking Top List
BuyShares
Recent years have witnessed a swell in the adoption of artificial intelligence solutions, revolutionizing industries, and helping businesses boost growth. The rising volume and complexity of business data are set to continue driving AI adoption in the following years, causing a surge in global AI spending. According to data presented by BuyShares.co.nz, global artificial … [More]
Over Six in 10 HR Professionals Say Getting Employees to Read the Employee Handbook Is Challenging
XpertHR
Getting employees to read the employee handbook is the most challenging handbook-related issue, according to 619 US employers responding to XpertHR's 2020 Survey on Employee Handbooks. The survey covered seven major handbook-related challenges and found that 66% of participating HR representatives rated "getting employees to read their organization's handbook" as either … [More]
Survey Shows 95 Percent of U.S. Households Were Banked in 2019
Federal Deposit Insurance Corporation
A record 95 percent of U.S. households had a bank or credit union account in 2019, according to a new biennial survey and report released today by the Federal Deposit Insurance Corporation (FDIC). How America Banks: Household Use of Banking and Financial Services also found that a record low 5.4 percent of U.S. households were unbanked in 2019. Since 2009, the FDIC has … [More]
5 Tips to Avoid ERP Failure and Turn 2020 Disruption into Success
inbusinessPHX.com
The trials of 2020 have put many businesses in a mode of transformation. For some, that can mean changing anything from their internal operations to the services and products they offer. Due to advancements in digital technology, massive change was well underway in numerous industries before the pandemic. Enterprise resource planning (ERP) has been a central part of those … [More]
NEW Poll: Nearly Half of Black-Owned Small Businesses Closed Permanently Or Will Soon Shutter Due to Insufficient Federal COVID Relief
inbusinessPHX.com
As critical federal coronavirus relief legislation remains stalled in negotiations between lawmakers and the White House, a new poll from Color Of Change and Main Street Alliance out today reveals Black-owned small businesses are being decimated by government inaction and racial inequities. Barring swift and decisive action by Congress to provide direct grants to Black small … [More]
7 Rules You Need to Know for B2B Lead Generation
by Christopher Tompkins
So, you have heard the term “lead generation” before. But what does this actually mean for how you should operate your business? To start, there are a few things to break down: Many B2B business owners do not know where to begin when it comes to gaining quality leads. They want to make sales, but they have no specific strategy to reach their goal. Add to that the fact … [More]
Is Home-Based Work Productive? Or Not?
Rick McCartney
According to Cynthia Spraggs, this recent NPR article isn't about Zoom meetings at all. It is about whether home-based work is productive or not. "There are a lot of spurious statistics from low sample sizes. If employees are fatigued by being on video all day (honestly what a nightmare), you can make this better by reconsidering the webcam," says Spraggs. "Clearly, if … [More]
Four Best Business Practices to Take Control of What Is Ahead
by Ryan Weissmueller
For many businesses, the landscape has begun to settle to some degree, but we are still in the midst of great uncertainty economically, medically and politically. There are always positive steps that can be taken and here are a few often overlooked best practices to help navigate choppy seas. Explore the What Ifs There are few weapons in a leader’s arsenal more powerful … [More]
To Move Up in Your Career, Avoid These Leadership Traps like the Plague
inbusinessPHX.com
In an Innovative Management Consulting blog, leadership coach Tamara Raymond cautioned workplace leaders to avoid playing favorites among employees and explained why the practice can set leaders and their work teams up for failure. In a recent interview, Raymond, author of Careering: The Pocket Guide to Exploring Your Future Career, expanded on that idea, saying, "There are … [More]
Survey: 9 in 10 Voters Support Congress Passing Another COVID Relief Bill to Help Distressed Businesses
American Hotel & Lodging Association
Americans are concerned about the impact of the coronavirus pandemic on all aspects of the economy, and 90 percent support Congress passing another economic stimulus bill to help distressed small businesses and employees, according to a new survey of registered voters conducted by Morning Consult and commissioned by the American Hotel & Lodging Association (AHLA). A … [More]
Vacation Areas Are Trending amid Pandemic, Show Low Makes List
Zillow
Page views of for-sale listings are up nearly 50% from a year ago in metro areas typically considered vacation destinations, defined as metros with at least 65,000 people and five times more vacation homes than the U.S. as a whole. That's compared to a 37% increase in page views nationally. Vacation metros seeing an uptick in demand include places like the Jersey Shore area, … [More]
Is Increased Market Concentration Hurting Workers? No, Says New Report
Information Technology and Innovation Foundation
Pundits, scholars, and activists say the cause of the reduced share of U.S. national income going to workers over the past two decades is increased market concentration. But a new report released today by the Information Technology and Innovation Foundation (ITIF), the leading think tank for science and technology policy, shows that this analysis is largely flawed and … [More]
New Study: Trade Supported Over Three Quarters of a Million Arizona Jobs
Business Roundtable
A new study from Business Roundtable finds that international trade supported 783,500 jobs in Arizona in 2018, having represented 1 out of every 5 jobs in the state before the pandemic. Since 1992, before the implementation of the North American Free Trade Agreement (NAFTA), the share of jobs tied to trade in Arizona has increased by 85 percent. Additionally, the Grand … [More]
Latinx Americans are Driving U.S. Homeownership Gains
Zillow
Remarkable growth this half-decade has boosted the share of Latinxi households in the U.S. that own their home to its highest since the housing bustii. While recent signs are encouraging, a new Zillow® analysis reveals remaining roadblocks on the path to equitable housing. Latinx Americans are a massive and diverse group, with more than 200 unique ancestriesiii among the 60 … [More]
Tips to Reduce Cloud Spend
Grid Dynamics
2020 radically changed the world of work. With most companies dealing with a remote workforce for the first time, the need for technology that facilitates collaboration regardless of location is imperative. If businesses weren’t using the Cloud before, it’s now become a necessity. While Cloud storage is often billed as a cost-saver, businesses are often surprised that their … [More]
Poll: 34% of Small Businesses Still Struggle to Pay Their Full Rent on Time
Alignable.com
Paying rent during the COVID Crisis has been a challenge for many small business owners since last spring. And it doesn't seem to be getting any better. Eight months into this devastating pandemic, more than one-third of small businesses are still having trouble paying their rent, according to our latest Alignable Pulse Poll of 7, 726 small business owners taken last … [More]
