Amid economic strife and a public health crisis, businesses naturally divided along two lines: the prepared and the unprepared. Even then, most did not escape without bruises. In a PNAS survey conducted in 2020, 43% of the small business respondents had temporarily closed, mostly due to Covid-19. Read more ….
As much as you might want to hold one-on-one meetings with each employee at your company, at a certain point, those meetings become unrealistic. That’s why we asked 13 entrepreneurs from Young Entrepreneur Council (YEC) the following question:“What system do you use to check in with employees as your company gets too large for one-on-one meetings every week?” Here’s what YEC community members had to say: Read more ……
One of the best ways to learn how to manage your employees is to ask them questions. If you pose the right questions, you’ll get to know what motivates your employees and what their goals are. You can then use this information to manage them more effectively and help them succeed in their jobs. To help you figure out which questions to ask, 12 business leaders from Young Entrepreneur Council (YEC) respond to a question of their own: Read more ……
With more than 580 million entrepreneurs in the world, I believe determined entrepreneurs and small businesses lie at the heart of every economy. From my perspective, they not only oil a country’s financial system but also bolster the workforce tremendously, offer insight into market conditions and help create a more productive landscape for potential products. Read more ……
Businesses grow and evolve with time. What may have been a small enterprise a mere two years ago may need to expand to cater to its growing consumer base. Once a business is performing well, growth is inevitable. Yet without a proper strategy for that growth, the enterprise may end up wasting time and money. Read more ……
If you’re looking for the best soul food restaurants down south or Black-owned boutiques or just about anything that Black folks have curated or created, wouldn’t it be great if that information was compiled in one convenient place without the need to go slogging through the interwebs to conduct your own research? There are many apps created by Black app developers for users who are interested in everything from the best places to dine to tips on money management. There are apps that occupy children’s time and those that help galvanize Black people to social justice causes. Read more ……
August is National Black Business Month in America, a time when individuals and businesses recognize Black-owned businesses across the country. This month traces its history back to 2004 when Frederick E. Jordan, an engineering entrepreneur, teamed up with John William Templeton, president and executive editor of scholarly publishing company eAccess Corp to start the yearly event. According to BlackEnterprise, Jordan felt compelled to highlight and uplift Black business owners like himself after reflecting on the challenges he faced as a new business owner. Read more ……
Here’s how some of the most influential tax rules have changed and how they might affect you. Read more ……
Since February 12th, the Internal Revenue Service (IRS) has been processing federal tax returns for the 2020 tax year, complicated for taxpayers and the IRS by the coronavirus pandemic and multiple pandemic-related relief packages passed last year. That’s why on Wednesday, the IRS announced the extension of tax filing and payment deadlines from April 15th to May 17th to help taxpayers navigating the many tax changes and give the IRS opportunity to clear its backlog of tax returns and correspondence. Read more ……
More employers and HR leaders are now turning to benefits brokers because they recognize that offering a voluntary benefits program is not only a way to meet the needs of the workforce, but also a strategy for employee engagement and retention. Read more …...
