Tue.Aug 23, 2016

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How to Rescue Your Business from the Brink of Insolvency

Small Business CEO

There’s no denying that approaching insolvency is a problem that requires immediate attention. While it can feel a little scary, the best way to fix it quickly and simply is with a targeted, focused response. In other words, don’t push it to the back of your mind and hope that it handles itself. With just a few small changes to the way that you do business, you can put your affairs in order and start to better protect your investments.

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Corporate Layoffs Make Independent Work Look More Secure

Small Business Labs

Cisco announced last week it's laying off 5500 employees. This is about 7% of their workforce. Cisco also reported quarterly earnings of $2.8 billion on sales of $12.64 billion.  Most would consider quarterly earnings of $2.8 billion and an after tax profit margin of 22% pretty good. Cisco's CEO Chuck Robbins seems to think so. He said on CNBC's Squawk Box : "We are proud of not only the quarter but the year that we just completed.

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