If your small business has been struggling because of the Covid-19 pandemic, here are some important … [+] ways this new relief package may help. © Jeff – Adobe Stock By Gerri Detweiler The second stimulus bill, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, has been passed by Congress and signed into
January 1, 2021 8 min read Opinions expressed by Entrepreneur contributors are their own. The impact of 2020 will stay with us for the rest of our lives. It marks a critical inflection point of before and after. It is a year that blindsided many small-business owners. We’ve seen new businesses birthed with success and others thriving
Let’s all resolve to do these six things to make 2021 a much better year for our small businesses. Kalim – Adobe Stock By Susan Guillory If you’re up for a task—a really easy one—I’d like you to commit to making 2021 better than 2020. Easy peasy, right? This year has certainly knocked us all
The International Ethics Standards Board for Accountants released a report on its accomplishments over the past four years on setting ethical standards around the world. The report, released Wednesday, includes an update on the IESBA’s current projects and initiatives, along with the board’s efforts to promote awareness, adoption and implementation of IESBA’s International Code of
Wondering if you’ll be running your career remotely in 2021? Although nearly 42% of companies are currently working remotely at least part of the time, recent research by Upwork suggests that many companies are planning on a return to the office. Managers believe only 26.7% of the workforce will be fully remote in one year.
Last year, we called 2019 a “roller coaster of ups and downs.” Hindsight is 20/20, and while many of us can’t wait to put 2020 in the rearview, the way the search industry’s biggest players responded to the new needs of businesses and consumers, brought on by the pandemic, will have lasting consequences for how
CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Janelle Finch is a senior at the University of Missouri in Columbia, majoring in journalism with an emphasis in TV/radio reporting and
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Besides providing quality products and services businesses have to make sure they accommodate the needs of their customers. Equally important is how your business is viewed by the public. This goes hand in hand with how you invest
From accounting to personal finance, learn how to manage money smarter. December 30, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Entrepreneurs
Economy Flops, Credit Cards Approvals Drop Since June 2020, the likeliness of a credit card application being declined surged from 26% to 35.1% in October, according to NY Fed data. This high turndown rate is the largest on record since 2014. The decrease is undoubtedly not a surprise, as we continue to contend with the economic
Letizia Le Fur | ONOKY | Getty Images While the federal Covid relief bill addresses a key concern for small businesses with forgivable loans, these firms could still face a tax hit — this time on their state returns. In addition to pledging stimulus checks to American households and providing a $300 boost to unemployment
Standard mileage rates for 2021 have just been released by the IRS. One of the biggest differences in 2021 is a drop in the per mile rate for business use from last year. The mileage rates for 2021 according to the IRS for vehicle use are as follows: 56 cents allocated per mile on vehicles
We have a real problem in the U.S. around supplier diversity with a significant gap with how much is spent on women-owned businesses. What can these businesses can do to secure more contracts? On The Small Business Radio Show this week, Ingrid Vanderveldt, CEO of Empowering a Billion Women (EBW) discusses how women owned companies
When Roy Moëd met with his elderly father for lunch years ago, he felt both sad and frustrated when his dad repeated the same stories again and again. Realizing his father, then in his eighties, needed a way to share his history, Moëd decided to enlist his assistant, Kathy, to visit his father every week
When your business operates using an ecommerce website, your main goal should be to have your website encourage anyone who visits to make a purchase and then make it as easy as possible for interested parties to complete their transactions. Sadly, not every online business knows the best ways to do this. Optimize Your eCommerce
The Securities and Exchange Commission announced that President Trump has named Elad Roisman acting chair of the agency. Roisman has been a commissioner at the SEC since 2018; he had earlier stints as a counsel ot SEC Commissioner Dan Gallagher, as chief counsel to the Senate Committee on Banking, Housing and Urban Affairs, as chief
A major misunderstanding amongst some entrepreneurs is that warm leads translate to sales at a significantly higher rate than a cold prospect would. While it makes sense — they’ve already made their interest in your product or service known — the numbers show that it’s unfortunately not quite true. Bear City Impact wrote that for
December 27, 2020 4 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. In a hyper-competitive digital marketplace, design is everything when it comes to
Person being productive at work desk. getty 2020 threw a wrench in everyone’s plans and sapped productivity for months. In an effort to make 2021 a better year, you should start planning now in order to secure productive efficiency. ADVERTISEMENT Workflows won’t always be constant. Some days you’ll be swamped, and other days you have
No one can say with certainty how the economy will perform in the coming year or what new government rules will be imposed, but you need to make an educated guess. Why? So you can set prices for your goods and services and be profitable. Looking ahead, there are some additional expenses you will or
The Apple iPhone 12 Pro Max at the Apple flagship store during a product launch event in Sydney, … [+] Australia, on Friday, Nov. 13, 2020. Sales of the iPhone fell 21% on anticipation of the new models, which arrived later than usual this year. Cook said the response to the 5G iPhone lineup and
The Institute of Management Accountants reported record growth in 2020 despite the impact of the COVID-19 pandemic on the accounting profession. The IMA’s annual report for its fiscal year ended June 30, 2020 showed a record number of more than 144,000 global IMA members, representing a 3 percent year-over-year growth rate, and 17 percent year-over-year
Customer service recovery (turning things around when a customer is upset, disappointed, irritated, flustered, or all of these things at once) is one of the essential skills of great customer service. getty As far as the positive steps to take, has your company implemented my MAMA framework for customer service recovery yet? (If you’d like
It’s that time of year that every small biz owner dreads- tax time! Unfortunately this year, there are some new tax forms that every small business will need to use. On the Small Business Radio Show this week, Jaime Lizotte, the Tax Compliance Solutions Manager at efile4Biz discusses the new tax form on the block,
On January 1, will your small business be in good standing with the state? © penguiiin – Fotolia.com By Nellie Akalp As many people scramble to finish their last-minute holiday shopping and make sure everyone on their gift list is covered, business owners have another list to pay attention to: their list of business compliance
House Speaker Nancy Pelosi, D-Calif., leaves a meeting on Capitol Hill on Dec. 18, 2020. Saul Loeb | AFP | Getty Images Lawmakers extended an additional lifeline to small businesses in the next round of Covid stimulus: more forgivable loans and the ability to take a tax write-off for covered expenses. Members of Congress reached
Onboarding a new employee is an exciting time for any business. While you’re eager to get your new team member up and running on their tasks, you also need to ensure they understand the company culture and will mesh with your organization for the long term. That’s why we asked the members of Young Entrepreneur
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Is your new year’s resolution to start a new business venture? If so, you’ll need insights from business experts to help the journey run smoothly. Members of the online small business community have tips for every aspect, from
Whether you know much about Zen Buddhism or not, anyone can find growth within its practices of patience, peace, and inner-exploration. These traits are useful for those in leadership positions. After all, our jobs as leaders are about connecting, teaching, inspiring, and showing true vulnerability. Roshi Joan Halifax/Upaya Zen Center and Institute With a rare
Here we are, at the end of December, and you know what I’m not seeing? A lot of predictions for 2021. Now, this isn’t surprising. In 2020, anything I predicted, or anything anybody else predicted, surely didn’t happen. A meme that circulated early in the pandemic sums it up best: “Those who made their five-year
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