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3 Steps to Take Before Going Into Business for Yourself

Success

A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Before going into business for yourself, you should have an account set aside to save for these additional expenses. If you’re struggling to save money, take a look at your budget.

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During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

During a White House event in February 2021, President Biden said, “Small businesses are the engines of our economic progress; they’re the glue and the heart and soul of our communities.”. Social media sites provide endless opportunities for marketing, networking and support from other professionals in your industry.

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The Post-Covid Economy Demands a Hybrid Office Concept | Virtual Offices and Remote Workers Drive Innovation and Productivity

Allwork

Companies that may have been on the come up have suddenly found themselves tied to an expensive long-term office lease that they are contractually bound to. However, this was not the case in 2021 and won’t be so in the coming years. . Layoffs have been rampant since the beginning of the pandemic nearly two years ago. .

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7 Strategies To Attract And Retain Top Talent

Allwork

That includes remote work: job postings for tech positions that specify remote work continue to rise with a year-to-date rate of 34% compared to 27% in 2021 and 22% in 2020. Being transparent with your finances is important for both recruitment and retention. Clearly, remote work seems here to stay. . It’s not only surveys.

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How to Survive a Recession, According to a 91-Year-Old Business

Success

The key to staying in business and being profitable, Hustead notes, requires regularly monitoring your overhead, labor, inventory expenses and revenue: “If you run out of money and go broke, you’re out of business.” As a result, he began monitoring the company’s finances on a weekly basis.