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Is WordPress The Right Choice For eCommerce Websites? via @sejournal, @atuljindal01
From customization to security risks, here’s everything you need to know about using WordPress for ecommerce. The post Is WordPress The Right Choice For eCommerce Websites? appeared first on Search Engine Journal. View the full article
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Crocs’s new Marimekko collab will bring some whimsy to your shoe rack
Crocs have taken a lot of forms over the years. From collaborating with Balenciaga to send 10 inch platform clogs down the runway to collaborating with Taco Bell to make a sold-out Mellow Slide together, Crocs is no stranger to whimsy. Now, Cros is partnering with the happy-go-lucky Finnish design house Marimekko to produce a line of shoes that feature the brand’s signature prints. “Marimekko and Crocs both have a very similar brand philosophy to bring joy, positive energy and playfulness to the world,” says Rebekka Bay, Marimekko’s Creative Director. “Our lifelong mission at Marimekko is to bring joy and color to people’s everyday lives, and collaborations with global brands such as Crocs are one of the ways in which we can execute this mission.” Marimekko is a brand known for its bold colors and patterns adorning clothing, home furnishings, accessories, and bags. Over its almost 74-year-long history, Marimekko has developed an impressive library of over 3,500 print designs. “I feel that in order for us to look forward, we also need to look back, so we are especially focused on the ways that we can reflect on our rich heritage whilst creating something forward-thinking,” says Bay. Starting from April 23, Crocs classic clogs and sandals will don Marimekko’s iconic Unikko print, which traces its origins back 60 years. For this collaboration, Marimekko wanted to explore new ways to interpret the flower design, from playing with the sizes to reducing it to just the pattern’s outlines. “What was cemented during that process is that Unikko is an extremely strong print that can be applied into different forms or onto different surfaces and it is still recognizably Unikko” says Bay. “That is why it was also the perfect pattern for this collaboration: it brings as much joy as a larger black and white print as it does as a very small multicolored print.” The Marimekko x Crocs collection will also include socks, a 5-pack of Jibbitz charms, and the first ever printed tote bag released by Crocs. “Our partnership with Marimekko highlights the shared values that define both of our brands— bold self-expression, unwavering authenticity, and unapologetic individuality,” said Matias Infante, Vice President of Global Marketing at Crocs. You can find the collection for a limited amount of time on the Crocs website, at select Crocs stores, and wholesale locations. View the full article
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Eurozone business confidence plunges over US trade war
Optimism falls to lowest level since November 2022, pushing economy to brink of stagnationView the full article
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Designing for Avelo was a dream job. Then the airline partnered with ICE
In 2020, designer and brand strategist Kim Berlin got a call she was not expecting. Her small New York firm was invited to help create the visual identity of a new budget airline being formed from the bones of a former charter airline. The new airline, Avelo, would focus on bringing low-cost flights to underserved regional airports like those in Burbank, California, and New Haven, Connecticut. Berlin worked with the company to develop everything from its logo to its airplane livery to the clothes its flight attendants would wear. “It was actually a huge deal for me because I’m a one-person operation over here,” Berlin says. “I was selected to create an entire airline from scratch. It’s something that not even some of the largest design firms ever have the privilege of being able to do.” The bright and cheery design she created has won her numerous awards, including the American Graphic Design Award, and an honorable mention in Fast Company’s 2022 Innovation by Design Awards for graphic design. It’s become a kind of calling card project for Berlin and her firm. But then the business behind the brand made a controversial decision that Berlin is still trying to wrap her head around. Earlier this month it was reported that Avelo had signed an agreement to begin operating charter deportation flights out of Arizona for the U.S. Department of Homeland Security’s Immigration and Customs Enforcement agency. It’s a process the The President administration has already begun implementing with other partners, including the U.S. military. Some of these deportations have been conducted without the due process of law, a violation of the U.S. Constitution. The Supreme Court unanimously stated recently that targeted individuals must be granted time to contest their removal. Avelo’s agreement to participate in these actions has prompted a backlash, including a growing petition to boycott the company. In a statement, Avelo CEO Andrew Levy defended the partnership. “We realize this is a sensitive and complicated topic,” he said, noting that the airline’s flights would be part of a “long-term charter program” with DHS that would help with expansion and protect jobs. Berlin learned about the partnership via a Google Alert she had set up to track the company. In contrast to previous alerts about positive news like route expansions or growing revenues, the ICE partnership came as a shock. “Historically I’ve been celebrating them all along and then this shows up and I’m like, oh my God,” she says. “It sounded so different from the initial objectives of the [company] when we started . . . five years ago.” These actions have put Berlin in the awkward position of being so closely connected to a brand that has done something she neither expected nor wanted. It’s forced a kind of reckoning over how she should respond: whether to distance herself from the brand and her own work on it, to look beyond the politics of the decision, or to find some other way of celebrating the work while also opposing the decision of the company she once served. “That is the question I have been chewing on ever since I found out about a week ago,” she says. Avelo’s involvement in the deportation effort came as a surprise to Berlin because her experience working with the company’s leaders was such a positive one. “I love everyone I worked with on this project,” she says, noting that the company’s founding effort was driven by community and idealism. “It was great. It was like the little guy for the little guy. Everybody was so family-oriented. Even through the design process, some of the families got involved. We were fielding comments from wives and children.” Avelo did not respond to a request for comment by time of publication. Berlin’s processing is ongoing—“I’m still circling,” she says—but she’s found herself leaning toward a set of principles she believes other designers may find helpful should they ever encounter a similar situation. “As designers we’ve got to recognize that these babies have a whole life of their own once they’re out in the world. And what our clients decide to do with the work is entirely their prerogative. That’s the way business works,” she says. “I also feel like now more than ever is a time when we need to ask whether the way business works is actually working for us.” The experience has led her to reevaluate how she will interact with clients going forward, allowing herself more time to decide whether to take on new projects. It’s also led her to a place of acceptance about what she can and can’t control. “I’m really proud of this work. And just because they’ve made a particular decision that I don’t necessarily agree with doesn’t necessarily mean that the work I’ve done has no value,” she says. “It was really a dream to do.” Her main piece of advice to designers is to not conflate one’s work with their identity. “You are not your projects,” she says. “If you did your best, then you did your best. Don’t let somebody else’s actions or decisions take that away from you.” View the full article
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People say plant-based burgers and nuggets taste just as good as the real thing. So why aren’t they buying them?
Last month, a food research organization called Nectar released an expansive set of findings from taste tests that rated plant-based meat alternatives alongside actual meat. One bit of information stood out: In terms of taste, 54% of people on average found 20 vegan products (such as burgers, nuggets, and sausages) from 13 brands (including Beyond Meat, Impossible Foods, and Gardein) to taste as good as or better than analogous conventional meat products. This should probably be good news for those of us who are concerned about the environment, public health, and animal welfare. But the flipside of this discovery is that even though plant-based meat is starting to taste just as good as (and in some cases better than) animal meat, most people aren’t changing their purchasing habits accordingly. If “taste is king,” it doesn’t deserve the crown—and ignoring this reality will doom alt protein to irrelevance. For many decades now, people in a whole array of fields have been on a mad mission to figure out how to get people to eat less meat. It has long been clear that education alone about the problems with factory farming isn’t enough to get people to change their behavior. Certainly shaming people, demanding total lifestyle overhaul, and expecting perfection are tactics that don’t work—that’s why I cofounded the Reducetarian Foundation, because encouraging incremental change actually does work. But even that has its limits. Indeed, I have always believed that a more pragmatic approach—offering people better options in the marketplace—is ultimately one of the most effective ways to drive change. Specifically, I figured that the pillars of price, convenience, and especially taste were a sort of holy grail for the alt-meat industry. We can’t reasonably expect people to change their eating habits unless and until the more ethical, environmentally friendly, and healthy option is also the more affordable, convenient, and delicious choice. Interestingly, we’ve reached a point where, at least in the case of some products, plant-based meat is indeed as tasty as (or, to some people, even tastier than) real meat. Prices are nearing parity (though aren’t quite there yet) and in some cases are even cheaper than animal meat. And plant-based meat is easier than ever to find, with major brands like Impossible Foods and Beyond Meat stocked in mainstream supermarkets and fast food chains like Burger King and Starbucks offering alt-meat options. Plant-based meat may not have totally surpassed regular meat in the price-taste-convenience (PTC) trifecta, but compelling data shows that we’re closer than ever. And yet, we’ve yet to see a real revolution in consumer habits. Plant-based meat still only makes up about 1% of total retail meat sales. We’re still a nation of meat eaters, eating more than 225 pounds of meat per year (and climbing), making us one the biggest meat-eating nations in the world. Suffice it to say, the scales aren’t tipping—at least not to the degree we’d expect to see if the so-called “PTC hypothesis” were wholly true. It turns out that in 2023, researcher Jacob Peacock, of the think tank Rethink Priorities, actually put the PTC hypothesis to the test, reviewing existing research on plant-based meat and consumer behavior. His conclusion? PTC doesn’t explain people’s choices. At least, not as comprehensively as some of us believed it would. Peacock explains some major problems with collecting good data on consumer choices—like not enough real-world research, unreliable self-reports, and missing control groups. He also reviews many studies showing that people still prefer animal meat over plant-based meat, even when price and convenience aren’t issues and they say the taste is similar. Even in hypothetical situations, people tend to report that they’d still prefer real meal to alt-meat, regardless if it’s indistinguishable in terms of price, taste, and convenience. One of Peacock’s conclusions is that we’ve been underestimating the importance of social and psychological factors. Diet, especially when it comes to meat consumption, is highly politicized. Conservative-leaning people are likely to be dissuaded by environmentally friendly messaging, and several Republican politicians have proposed legislation to keep the alt-meat industry out of their states. Meat is also gendered, being socially linked to masculinity. These ideas may be divorced from rationality, but people don’t always behave rationally—emotional, social, and psychological forces are at play, too. It comes as a bit of a blow to think that even if someone in the culinary or food tech spaces creates the most delicious burger the world has ever seen, and at an affordable price, most people will still go for regular old beef. One caveat to all this is that the Nectar study found there’s still room for improvement in taste even among the top performing products. For example, it reported that among those who preferred the plant-based products, they preferred them less strongly than those who preferred animal meat. In other words, the animal meat attracted more die-hard fans. This partially explains why some plant-based brands won a “Tasty Award,” in the language of Nectar, but not a Parity or Superiority Award, which is reserved for products that have an equal or much greater chance of being preferred. Still, the limitations of taste are clear. Given more than half of participants rated 20 plant-based meat products the same or better than animal-based meat, we’d expect plant-based meat sales to be a lot higher if taste primarily explained consumer behavior. As frustrating as it may be to champions of alt-meat, this is information we can use. Price, taste, and convenience are certainly factors in consumer choice (if smaller factors than we previously believed), and it can only help the sector—and thus, make a real difference in changing the way people eat—to make plant-based meat as tasty and cheap as possible. All of the time and resources going toward that have, likely, not been wasted. But now, it’s clear we need to diversify our attention. We need researchers to delve into the more amorphous factors that drive people’s food choices, and we need marketers and educators to include them in their messaging. When someone chooses meat over plant-based alternatives, even when they acknowledge that the plant-based option tastes just as good, we need to find out why. We need to start gathering information so we can make a real effort to combat the psychological and social factors keeping people from switching to alternative meats. What is it that’s actually stopping them, and how can we remove or lessen those obstacles? Answers to these questions won’t come easy, but nothing worthwhile ever does. View the full article
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How to delete your personal info from the internet for free
For years, Google made it incredibly easy to look up someone’s address, phone number, age, and other personal info. All you had to do was type in a person’s name and where they live, and you’d get all kinds of details from sites like Whitepages and Spokeo, which pull together that info from public and private sources. Creepy as this is, doing anything about it has always been a slog, and most people never bothered. While some companies charge hundreds of dollars per year to remove this data on your behalf, that’s not really necessary. If you have an hour or so to spare, you can hide your personal information from casual snoopers on Google, and even on the people search sites themselves. It’s well worth the effort and doesn’t cost you anything. This story first appeared in Advisorator, Jared’s weekly tech advice newsletter. Sign up for free to get more tips every Tuesday. Google’s search results removal tool Google’s search results removal tool lets you hide pages that include your personal details with just a few clicks. Here’s how it works: Search for your name and a bit of personal info, such as your street number, your city or town, or the last four digits of your phone number. When you find a result that includes your information, click the ⋮ button next to it. In the sidebar menu that pops up, click “Remove Result.” When asked why you’d like to remove the result, select “It shows my personal info and I don’t want it there.” Select “Contact Info,” enter your name, and specify the type of info that appears on the page. (If the page shows multiple types, such as your address and phone number, you can select either one.) Type in your name and the contact info that appears on the page. Click “Send” to confirm the request. Google says it responds to these requests within a few days, but usually it takes less than an hour. While requests are subject to Google’s removal policies—it won’t for instance, pull results that are newsworthy, or that come from government sources—it seems to be pretty lax overall. I was even able to remove a page about my wife that listed me as a relative and included a previous home address. One catch: Removal requests require a Google account, so you’ll need to set one up if you don’t have one already. But once you’ve done that, you’ll be able to track each request through Google’s “Results about you” dashboard . An update to this dashboard, coming soon, will also proactively surface results that include your personal info, and you’ll be able to get notified through Google’s mobile app if new results arise. A deeper cleanse Removing a result from Google search doesn’t delete the page itself. People can still look up that information through other search engines or by going directly to sites like Whitepages. If you want to delete the underlying info, start by setting up Permission Slip, a free app from Consumer Reports that I wrote about a couple years ago. The app’s “Auto Requests” feature automates the process of getting data brokers to delete your info, some of which feeds into popular people search sites. The app is available for both iOS and Android. Beyond that, you’ll have to make opt out requests with each individual site. Burdensome as this may seem, usually it’s just a matter of finding their opt out pages, then submitting a link to the offending page along with a valid email address to verify the request. Making manual opt out requests Here’s where you can find the opt out pages for major people search sites: Spokeo Whitepages BeenVerified/PeopleLooker/NeighborWho InstantCheckmate/Intellius/TruthFinder/US Search ClustrMaps Nuwber MyLife PeekYou PeopleFinders CheckPeople TruePeopleSearch USPhoneBook FastPeopleSearch SearchPeopleFree Radaris Unmask DeleteMe also offers a searchable list of guides to opting out of more sites. A couple caveats though: Strongly consider using a disposable email address for your requests—no need to give these companies more info than they already have—and do not pay for any opt out services they might try to offer. Should you pay for data removal? If all that seems like too much work, you can always pay a third-party service to handle deletion requests for you. DeleteMe, for instance, charges $129 per year for data removal service, while Optery charges $249 per year for its “Ultimate” package. But much like third-party antivirus software and system cleaners, these services tend to inflate the amount of work they’re actually doing. An investigation by Consumer Reports found that these services are less effective than manually making opt out requests on your own. That tracks with my own experience trying out Optery. When I signed up for its free version, it claimed that 246 sites were exposing my personal data, yet when I clicked through on many of the results, it said data was nowhere to be found. With the steps I’d taken above, most sites have already removed my data or are in the process of doing so, and none of them are showing up in Google anyway. If you insist on paying for data removal service, consider using EasyOptOuts instead. It only costs $20 per year, and while I haven’t tried it myself, Consumer Reports found that it’s just as effective as Optery’s most expensive plan—and more effective than other, pricier services. EasyOptOuts also received a positive review from Privacy Guides, another site that I trust. Security through obscurity Ultimately, the goal is not to banish every trace of personal information from the internet. That’s a Sisyphean task, especially given how often our data simply leaks into the hands of hackers. But the more friction you can introduce to the process of looking up your personal info, the more you’ll be able to deter casual snooping. To that end, even just a little effort goes a long way. This story first appeared in Advisorator, Jared’s weekly tech advice newsletter. Sign up for free to get more tips every Tuesday. View the full article
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These people turned introductions into opportunities of a lifetime
It takes a lot of chutzpah to walk up to television personality and Skinnygirl founder Bethenny Frankel, put a pair of sunglasses in her hands, and tell her, “These are for an oblong face.” But that bold act paid off for Kari Dowiak, founder of sunglass brand Memorí Eyewear, which specializes in sunglasses for petite and narrow faces. The result? Frankel posted a 47-second TikTok video recounting the exchange and showing off the sunnies, calling them “cute” and high quality. The video went viral, racking up more than 1.3 million views as of mid-April, and skyrocketing the company’s sales. Of course, it wasn’t all happenstance. Dowiak had signed up for a networking event and noticed that Frankel was a late addition to the speaker lineup. The founder immediately went to work analyzing Frankel’s social media posts to find out more about her interests and figure out a strategy to get the sunglasses in front of her. She refined and rehearsed her six-second pitch in advance—including noting that Frankel had called her face “oblong” in a post and adopting that language. Dowiak positioned herself at the location where speakers entered and exited the stage, ensuring she would have access to Frankel. It was a professional event, so approaching Frankel wasn’t “making it weird,” she says. “You have to be aware of your environment. I would never have approached Bethenny if she was getting out of the Uber with her daughter,” Dowiak says. “But the situation was right.” ASK to receive Negotiation and leadership expert Linda Swindling says a research-based approach like Dowiak’s is essential if you want to turn a big introduction or chance meeting into an opportunity. She uses the acronym ASK to map out her action plan when sussing out the potential for a sale or collaboration. First, comes awareness. You may be aware of the person or that they have a similar interest. Then, you seek greater understanding. That may require asking questions or doing research. Finally, the “know” phase is “know your next step,” once you’ve gathered your information, refined your pitch, and are ready to make the ask. Natalie Dawson and her husband, Brandon, used a similar approach when they sought out entrepreneur and investor Grant Cardone to partner with him on a business opportunity. They purchased front-row tickets to a 35,000-person event at which Cardone was speaking. When they had the opportunity to meet him face-to-face, they came prepared, which Dawson says is a key step in turning intros into relationships and opportunities. “We’d already done enough research to know what they were offering and what they weren’t offering, and we created a solution for an opportunity that they didn’t even know that they had,” she recalls. “We already had a track record. It wasn’t like we were asking him for a favor.” Orchestrating networking introductions With social media making many folks just a post away, some of these introductions don’t even need to be face-to-face. Tim Sharp found his next big opportunity on LinkedIn. He noticed Michael Browning, the founder and CEO of Unleashed Brands, pop up on his feed and was impressed by the entrepreneur’s energy and enthusiasm as well as the company’s Urban Air Adventure Parks, which are indoor adventure parks for children. He began interacting online, responding to some of Browning’s posts. The engagement caught Browning’s attention, and he asked Sharp to get in touch with members of his management team. Sharp met with some of the company’s senior executives—and soon became one, being named vice president of operations in 2019. Within a few days, he was in Toronto, opening a new park. That year, the company opened 54 parks in 52 weeks. This year, Sharp was named brand president. Leveraging opportunity for the long-term Natalie says asking Cardone to partner on business consultancy Cardone Ventures was just the first step. Their pitch made the business opportunity potentially lucrative for Cardone, offering a 50% partnership. In addition, she says, the couple “kept showing up.” In other words, they put in the time and effort consistently to make the business successful. Last year, the company’s gross revenue was $220 million. “But what’s more impressive is the thousands of business owners whose businesses have grown since working with us,” Natalie says. Sharp says that authenticity drove his relationship with Browning and his team from the start. “Sometimes, people get caught up in trying to sell themselves. The best way to find the right fit is—well, don’t sell yourself and listen to what the appeal is,” he says. “If it speaks to you, and you’re able to match that energy and that feeling, you’ll find that once-in-a-lifetime game changer on both sides.” Playing the long game And if you don’t? Swindling says that sometimes, an introduction or meeting is the first play in a long game. If you get a “no,” ask questions about why to get to the heart of that decision. It could be as simple as asking, “I heard you say no. Can you tell me about that?” You might find that getting to “yes” simply requires more information, adherence to a process, or some other “fixable” step. And, if not, it may be the start of a relationship where you build trust and interest and get to “yes” over time. And while Dowiak doesn’t know what the future holds with Frankel, she is using the cash infusion from the sales uptick to invest in her business, negotiate better terms with her supplier, and even invest in some advertising, all of which will help make her business stronger. “Before Bethenny, I never ran a single ad,” she says. “Now the kind of return on ad spend that we’re going to be able to get is so much higher because so many people have interacted.” View the full article
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Breakthrough study finds your brain uses multiple learning rules at once
Every day, people are constantly learning and forming new memories. When you pick up a new hobby, try a recipe a friend recommended, or read the latest world news, your brain stores many of these memories for years or decades. But how does your brain achieve this incredible feat? In our newly published research in the journal Science, we have identified some of the “rules” the brain uses to learn. Learning in the brain The human brain is made up of billions of nerve cells. These neurons conduct electrical pulses that carry information, much like how computers use binary code to carry data. These electrical pulses are communicated with other neurons through connections between them called synapses. Individual neurons have branching extensions known as dendrites that can receive thousands of electrical inputs from other cells. Dendrites transmit these inputs to the main body of the neuron, where it then integrates all these signals to generate its own electrical pulses. It is the collective activity of these electrical pulses across specific groups of neurons that form the representations of different information and experiences within the brain. For decades, neuroscientists have thought that the brain learns by changing how neurons are connected to one another. As new information and experiences alter how neurons communicate with each other and change their collective activity patterns, some synaptic connections are made stronger while others are made weaker. This process of synaptic plasticity is what produces representations of new information and experiences within your brain. In order for your brain to produce the correct representations during learning, however, the right synaptic connections must undergo the right changes at the right time. The “rules” that your brain uses to select which synapses to change during learning—what neuroscientists call the credit assignment problem—have remained largely unclear. Defining the rules We decided to monitor the activity of individual synaptic connections within the brain during learning to see whether we could identify activity patterns that determine which connections would get stronger or weaker. To do this, we genetically encoded biosensors in the neurons of mice that would light up in response to synaptic and neural activity. We monitored this activity in real time as the mice learned a task that involved pressing a lever to a certain position after a sound cue in order to receive water. We were surprised to find that the synapses on a neuron don’t all follow the same rule. For example, scientists have often thought that neurons follow what are called Hebbian rules, where neurons that consistently fire together, wire together. Instead, we saw that synapses on different locations of dendrites of the same neuron followed different rules to determine whether connections got stronger or weaker. Some synapses adhered to the traditional Hebbian rule where neurons that consistently fire together strengthen their connections. Other synapses did something different and completely independent of the neuron’s activity. Our findings suggest that neurons, by simultaneously using two different sets of rules for learning across different groups of synapses, rather than a single uniform rule, can more precisely tune the different types of inputs they receive to appropriately represent new information in the brain. In other words, by following different rules in the process of learning, neurons can multitask and perform multiple functions in parallel. Future applications This discovery provides a clearer understanding of how the connections between neurons change during learning. Given that most brain disorders, including degenerative and psychiatric conditions, involve some form of malfunctioning synapses, this has potentially important implications for human health and society. For example, depression may develop from an excessive weakening of the synaptic connections within certain areas of the brain that make it harder to experience pleasure. By understanding how synaptic plasticity normally operates, scientists may be able to better understand what goes wrong in depression and then develop therapies to more effectively treat it. These findings may also have implications for artificial intelligence. The artificial neural networks underlying AI have largely been inspired by how the brain works. However, the learning rules researchers use to update the connections within the networks and train the models are usually uniform and also not biologically plausible. Our research may provide insights into how to develop more biologically realistic AI models that are more efficient, have better performance, or both. There is still a long way to go before we can use this information to develop new therapies for human brain disorders. While we found that synaptic connections on different groups of dendrites use different learning rules, we don’t know exactly why or how. In addition, while the ability of neurons to simultaneously use multiple learning methods increases their capacity to encode information, what other properties this may give them isn’t yet clear. Future research will hopefully answer these questions and further our understanding of how the brain learns. William Wright is a postdoctoral scholar in neurobiology at the University of California, San Diego. Takaki Komiyama is a professor of neurobiology at the University of California, San Diego. This article is republished from The Conversation under a Creative Commons license. Read the original article. View the full article
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UK government borrowing exceeds expectations in last fiscal year
Figures deal blow to chancellor as The President tariffs hit economyView the full article
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my boss says my salary research is wrong because our benefits are so great, calling out sick for flight anxiety, and more
This post was written by Alison Green and published on Ask a Manager. It’s five answers to five questions. Here we go… 1. My boss says my salary research is wrong because our benefits are so great I recently received a promotion with a significant increase in job responsibilities and found myself negotiating salary for the first time in my career. My state requires salary ranges to be posted with job descriptions, so I have a good idea what other companies in our industry are offering for my role and my years of experience, and I asked for a similar amount, about 10% higher than what I was offered. My manager wanted to know how I came up with the new number, so I pointed out these job postings. She responded that the total compensation I was being offered, including benefits, was already equivalent to the amount I was asking for, so there was no need to increase the offered salary amount. I understand where she’s coming from; we have very generous benefits, including regular bonuses and multiple reimbursement programs for a variety of qualified expenses, and total compensation is a way to quantify those extra dollars. But in my mind, these benefits are not the same as guaranteed pay. Bonuses are dependent on the company’s profits, and I won’t receive the reimbursement funds unless I incur the relevant expenses. Not to mention that the market rates I’m researching are base salary and I don’t have any way of knowing what the dollar value of another company’s benefits would be for a more equivalent comparison. Is this normal to consider total compensation when negotiating a salary? Am I too focused on the base salary number? I generally consider benefits as more of a happiness boost than a monetary boost (and this is the first time I’ve had benefits that result in me receiving cash payouts), so maybe I need to adjust my mindset. But I feel like my manager is using the company’s benefits package to justify giving me a salary that is below market rate. I’m wondering how I can approach this better at my next salary review. Ha, no, the value of your benefits package isn’t supposed to be used like that. Your boss is comparing salary plus benefits at your current company to salary alone at another; it’s apples and oranges (or cash and scones?). For all we know, the other companies’ benefits packages could be the same or better than your company’s is! It sure is convenient for her to use that to swat away the comparisons, but it’s not at all accurate to do that. Bonuses could be an exception to that if your bonuses are extremely reliable (although still not ideal for the reasons you point out), but “we reimburse a lot of expenses that you may or may not incur”? No. The next time this comes up, you could say, “I appreciate our benefits, but ultimately salary is the most important piece of compensation for me, and that’s what I’m focused on.” You could add, “I can’t include the value of our benefits package without comparing it to the value of theirs.” (And really, she’s practically begging you to go out and learn more about what the competition is offering.) Related: can I include the value of my benefits when I talk about my current salary? 2. Can you call out sick for flight anxiety? This is a hypothetical, but it almost happened. I just had a weekend social obligation in another city that required two flights each way. (These were domestic flights within the U.S.; my local airport doesn’t have direct connections to the destination city.) At the gate for the first flight back home, I was feeling very anxious about the flight and almost bailed to rent a car and drive back. If I had done this, I would’ve had to miss one day of work. Ironically, that flight ended up being super smooth. But if I had gone with my idea, would I have legitimately been able to call out with a sick day, on the grounds that flight anxiety is anxiety and therefore a mental illness? In theory, in a perfect world where everyone understands anxiety and there’s no stigma around mental health? Sure. It should qualify. In this world, though, the wiser move in a lot of organizations would have been to just say your travel arrangements got messed up, you were having to rent a car to get back, and you’d need to use an additional day of vacation to do it. 3. My boss won’t let me send client reports until he reads them, but he never reads them My boss is generally fantastic and supports my professional growth and allows me flexibility in working hours and leeway to manage my clients as best I see fit. However, he has one frustrating area of micromanagement that is causing me workflow issues and I don’t know how to move forward. Our organization’s clients receive quarterly reports on the performance of their products, which I spend about a day each quarter compiling. My boss insists on seeing the reports before I send them to clients. This is despite me never having an error that needs correcting in the five years I’ve worked here. The issue is that he is swamped and it takes him forever to get round to checking and approving the reports. Currently, he hasn’t yet looked at my 2024 Q4 reports, and the Q1 reports for 2025 are now also waiting for him to check. When I finish a report, I email him with a link to where it’s saved. I remind him about checking the reports at least twice a week in our standing meetings, and he says he’ll do it that day but gets distracted by more urgent priorities and the client reports get pushed to the bottom of the pile. My clients have been asking for the 2024 Q4 reports for a couple months now and I have been giving them vague promises of “soon.” Telling clients that the reports are ready but I’m not allowed to send them until I get my manager’s approval makes me sound incompetent. However, being months late sending the reports also seems unprofessional. Every time I finish the quarterly reports, I ask if I can send them to clients, and every time he says “I want to do a quick read-through” and then sits on the reports for months. Do you have any advice on how I could do things differently to get a quicker response? Going to his boss feels like a nuclear option as they’re very senior. I don’t want to stop doing the reports as the clients like them and I find it a useful exercise to see how the products are performing. I just want to send them out reasonably soon after the quarter ends! Have you laid out for your boss that clients keep asking for the reports and you’re concerned it looks bad to keep delaying and then never send them? If not, do that! And then say, “Since I’ve never had an error in the reports in the five years you’ve been looking them over, could our system be that you’ll have a week to look them over, but then I’ll send them at that point if I haven’t heard back from you? I could give you a heads-up the day before. Otherwise they’re not getting to clients in enough time for them to be useful, and I worry we’re making ourselves look bad by delaying them when people keep asking for them.” If he doesn’t like that, could you pull the latest report out in your standing meeting and ask him to go over it with you right then and there so you can put it to bed? 4. I flamed out at my last job, but there were mitigating circumstances — can I apply again? I worked for two years at one of the largest and best employers in my field. During my first year, I did well: received good feedback from managers, got good reviews, had my contract renewed for a second year. During my second year, things took a turn: I struggled, got assigned a new manager in case that would help, was put on a PIP, and ultimately let go. The thing is, there were mitigating circumstances. Starting right at the year mark, I had a series of crises: three pregnancy losses, a surgery, and then a flare-up of a chronic condition so severe that I had to take leave to get treatment. Needless to say, this drastically impacted my work performance, and though my bosses knew what was going on and gave me some grace, I wasn’t able to do enough to mitigate the damage, and they let me go. The good news is, I did get treatment — and what’s more, got an actual diagnosis (which I’d never had before) and got medicated, also for the first time. The difference is night and day. I didn’t realize how much my chronic condition had been impacting my work performance until suddenly it wasn’t any more. In my new job, I’m excelling again, and it feels easy in a way it never has before. I’d like to apply for a role with this org again. I know from reading your site that the phrasing “had some health challenges that have since been dealt with” can go a long way towards explaining resume gaps. But as I understand it, that’s usually done in interviews. Is there a similar way to professionally bring up this situation in my cover letter as a way of basically saying, “Yes, I know my records show I was let go, but the situation was very circumstantial and truly won’t happen again”? Having been a hiring manager, I understand not wanting to take a risk on a candidate with a poor internal record, but as an applicant, I’d love to be considered for the role given that I’m now in a very different life situation and the difficult circumstances are unlikely to happen again. It’s pretty hard to apply at an organization that fired you for poor performance (despite the mitigating circumstances!) so I wouldn’t rely on a cold application and an explanation in your cover letter. Instead, can you get in touch with your last manager there and share the situation? You don’t need to get into private health details but a general description of what happened, that it’s now resolved, and how well you’ve been doing since might go a long way. You can then say you’d love to come back but understand the previous situation might be an obstacle to that, and do they have any advice on whether, given the circumstances, there might be a way to be considered again? They might or might not be able to help, but that’s going to give you a better shot than just applying cold will do (and that manager will definitely be asked about you at some point if you did get considered, so you might as well talk with them and get them briefed ahead of time anyway). Good luck! 5. Employer wants to photocopy my Social Security card As part of a starting a recent job, I went through the usual onboarding processes. I’m aware the purpose of the I-9 form is to verify eligibility to work in the United States. My understanding is, and always has been, that presenting these ID’s is sufficient to meet the requirements of the I-9. Recently, I was asked to provide a photocopy of my Social Security card. The HR person was vague when questioned, only saying, “For company security reasons.” They apparently keep a filing cabinet with these. This is questionable to me and possibly a security risk. Is it legal for a company to request and keep photocopies of sensitive documents such as these? Yes, it’s legal and not uncommon. Many employers keep copies so that if they’re ever audited, they can show that they did in fact check your documents and record the information correctly. The government’s guidance to employers on this says, “You may make copies (or electronic images) of the documentation you reviewed, but must return original documentation to the employee. If you make copies, they should be made consistently for all new hires and reverified employees, regardless of national origin, citizenship, or immigration status, or you may violate anti-discrimination laws.” They’re also required to keep the copies as secure as the I-9 itself. For what it’s worth, a photocopy of your Social Security card doesn’t really make you more vulnerable to identity theft than the I-9 itself does, since an identity thief only needs your card number, not an image of the actual card (and that number gets recorded on the I-9). View the full article
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Nomura’s top banker says traders’ ability to go ‘max risk’ is now higher
Christopher Willcox tasked with rebuilding wholesale business in wake of $2.9bn Archegos debacleView the full article
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Grant Thornton US expands global footprint with roll-up deals
The accountancy plans to buy more than half a dozen sister firms in a PE-fuelled spree across Europe and the Middle East View the full article
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One-third of Lower Thames Crossing budget spent on planning documents
More than £450mn used for obtaining permission for road tunnel scheme View the full article
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What would a US tariff on chips look like?
A component levy on foreign-made semiconductors would function as a major tax increase on electronics sold in AmericaView the full article
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The cost of Trump’s attack on American science
Sweeping funding cuts threaten to undermine the innovation that has been a central part of US economic strength for decadesView the full article
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Small Business Sales Hold Steady in Q1 Amid Rising Prices and Tariff Concerns, BizBuySell Reports
The U.S. small business market maintained steady momentum in the first quarter of 2025, according to BizBuySell’s latest Insight Report, with 2,368 businesses sold and a total enterprise value exceeding $2 billion—a 9% increase over Q1 2024. Despite looming uncertainty surrounding new tariffs, deal volume grew 2% quarter-over-quarter, as buyers pursued high-performing businesses and prices climbed 4% to a median sale price of $349,000. Following a dip at the end of 2024, transactions rebounded in January, climbing 4% amid optimism over anticipated tax cuts, lower interest rates, and deregulation. However, policy uncertainty under the new administration soon tempered that momentum. Transactions slowed by 5% in February and 2% in March, while median time on market increased 15% year-over-year to 198 days. “Q1 of 2025 definitely picked up speed compared to Q4 of last year… Overall, Q1 felt more energized and productive, and it’s looking like a great start to a big year,” said Charles Patawaran of Gatsby Advisors Brokerage. Tariff announcements from President The President triggered concern among buyers and sellers, particularly in import-reliant industries. “Tariff announcements have added a layer of uncertainty for both buyers and sellers,” said Kinzie Jones of Sunbelt Business Advisors. Despite delays, buyer demand remained strong. Median cash flow rose 6% to $160,000 and revenue increased 3% to $700,000. Buyers gravitated toward recession-resistant and high-margin businesses. “If a seller has a stable or growing business… that business will be a rocket ship on the market,” said Max Friar of Calder Capital. Tariffs were viewed as both risk and opportunity. “Buyers may find good opportunities when a business has pricing power and can easily pass on the impact of tariffs,” said Vipin Singh of Murphy Business Sales. Among surveyed business owners, 37% reported increased costs due to tariffs. Of those, 57% passed costs on to customers, and 46% saw reduced sales. Twenty-six percent reported lower profitability, while 34% said it was too early to assess full impact. “The uncertainty about tariffs and policy is far worse than the actual impact of them,” said Ryan Hemmert of Washington Business Brokers. Manufacturing saw notable growth amid reshoring trends. Median sale prices in the sector surged 54% to over $1 million, with cash flow and revenue up over 50% year-over-year. New tariffs on steel and aluminum contributed to the shift. “High demand for domestic manufacturing capacity… led to significantly more deals,” said Raymond P. Dowd of PNW Business Brokers. The service sector also saw a modest 2% gain in closed deals but reported 5% declines in both sale price and revenue. Essential services like healthcare and auto repair remained in demand. “[Tariffs] have created nervousness and uncertainty. Buyers are looking for service businesses not as likely to be impacted,” said Art Warsoff of Transworld Business Advisors. Retail and restaurant sectors continued to struggle under consumer cutbacks. Restaurant transactions dropped 4% while retail fell 7%, with both sectors reporting lower financials. However, some buyers saw this as opportunity. “I think in this year there will be great opportunities… that’s managerially broken that I can fix,” said James Williams, a buyer in South Carolina. Seller financing emerged as a critical tool for dealmaking. While 62% of brokers see it as very important, only 19% of sellers intend to offer it. “Seller financing is uncertainty’s friend, and we live in uncertain times,” said Max Friar. Looking ahead, BizBuySell reports that economic uncertainty and recession concerns are shaping buyer and seller strategies in 2025. However, a surge of retiring business owners and adaptable buyers are expected to keep the market active. “Now is an excellent time to sell,” said Friar. “Values are at their peak, take advantage of that,” added Katrina Loftin of M&A Business Advisors. As the year unfolds, the Insight Report suggests preparation, adaptability, and awareness of industry dynamics will be essential for both buyers and sellers navigating a complex market environment. Image: BizBuySell This article, "Small Business Sales Hold Steady in Q1 Amid Rising Prices and Tariff Concerns, BizBuySell Reports" was first published on Small Business Trends View the full article
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Small Business Sales Hold Steady in Q1 Amid Rising Prices and Tariff Concerns, BizBuySell Reports
The U.S. small business market maintained steady momentum in the first quarter of 2025, according to BizBuySell’s latest Insight Report, with 2,368 businesses sold and a total enterprise value exceeding $2 billion—a 9% increase over Q1 2024. Despite looming uncertainty surrounding new tariffs, deal volume grew 2% quarter-over-quarter, as buyers pursued high-performing businesses and prices climbed 4% to a median sale price of $349,000. Following a dip at the end of 2024, transactions rebounded in January, climbing 4% amid optimism over anticipated tax cuts, lower interest rates, and deregulation. However, policy uncertainty under the new administration soon tempered that momentum. Transactions slowed by 5% in February and 2% in March, while median time on market increased 15% year-over-year to 198 days. “Q1 of 2025 definitely picked up speed compared to Q4 of last year… Overall, Q1 felt more energized and productive, and it’s looking like a great start to a big year,” said Charles Patawaran of Gatsby Advisors Brokerage. Tariff announcements from President The President triggered concern among buyers and sellers, particularly in import-reliant industries. “Tariff announcements have added a layer of uncertainty for both buyers and sellers,” said Kinzie Jones of Sunbelt Business Advisors. Despite delays, buyer demand remained strong. Median cash flow rose 6% to $160,000 and revenue increased 3% to $700,000. Buyers gravitated toward recession-resistant and high-margin businesses. “If a seller has a stable or growing business… that business will be a rocket ship on the market,” said Max Friar of Calder Capital. Tariffs were viewed as both risk and opportunity. “Buyers may find good opportunities when a business has pricing power and can easily pass on the impact of tariffs,” said Vipin Singh of Murphy Business Sales. Among surveyed business owners, 37% reported increased costs due to tariffs. Of those, 57% passed costs on to customers, and 46% saw reduced sales. Twenty-six percent reported lower profitability, while 34% said it was too early to assess full impact. “The uncertainty about tariffs and policy is far worse than the actual impact of them,” said Ryan Hemmert of Washington Business Brokers. Manufacturing saw notable growth amid reshoring trends. Median sale prices in the sector surged 54% to over $1 million, with cash flow and revenue up over 50% year-over-year. New tariffs on steel and aluminum contributed to the shift. “High demand for domestic manufacturing capacity… led to significantly more deals,” said Raymond P. Dowd of PNW Business Brokers. The service sector also saw a modest 2% gain in closed deals but reported 5% declines in both sale price and revenue. Essential services like healthcare and auto repair remained in demand. “[Tariffs] have created nervousness and uncertainty. Buyers are looking for service businesses not as likely to be impacted,” said Art Warsoff of Transworld Business Advisors. Retail and restaurant sectors continued to struggle under consumer cutbacks. Restaurant transactions dropped 4% while retail fell 7%, with both sectors reporting lower financials. However, some buyers saw this as opportunity. “I think in this year there will be great opportunities… that’s managerially broken that I can fix,” said James Williams, a buyer in South Carolina. Seller financing emerged as a critical tool for dealmaking. While 62% of brokers see it as very important, only 19% of sellers intend to offer it. “Seller financing is uncertainty’s friend, and we live in uncertain times,” said Max Friar. Looking ahead, BizBuySell reports that economic uncertainty and recession concerns are shaping buyer and seller strategies in 2025. However, a surge of retiring business owners and adaptable buyers are expected to keep the market active. “Now is an excellent time to sell,” said Friar. “Values are at their peak, take advantage of that,” added Katrina Loftin of M&A Business Advisors. As the year unfolds, the Insight Report suggests preparation, adaptability, and awareness of industry dynamics will be essential for both buyers and sellers navigating a complex market environment. Image: BizBuySell This article, "Small Business Sales Hold Steady in Q1 Amid Rising Prices and Tariff Concerns, BizBuySell Reports" was first published on Small Business Trends View the full article
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Joe Rogan and Dave Portnoy are already distancing themselves from Trump’s agenda
Just a few months into Donald The President’s second term, are the manosphere influencers who championed him already starting to backpedal? In a recent episode of The Joe Rogan Experience, host Joe Rogan raised concerns about the president’s decision to send undocumented immigrants directly to El Salvador’s mega-prisons—without trial, lawyers, or, as critics argue, any semblance of due process. “What if you are an enemy of, let’s not say any current president. Let’s pretend we got a new president, totally new guy in 2028, and this is a common practice now of just rounding up gang members with no due process and shipping them to El Salvador, ‘you’re a gang member.’ ‘No, I’m not.’ ‘Prove it.’ ‘What? I got to go to court.’ ‘No. No due process,’” said Rogan. “We gotta be careful we don’t become monsters, while fighting monsters.” For those who had been sounding the alarm during The President’s campaign, it was a painful watch. “Watching Joe Rogan figure this shit out in real time is painful,” one commenter wrote. “That ol’ ‘Even a broken clock is right twice a day’ idiom comes to mind,” another added. As one Reddit comment pointed out, “Why does he need to use a hypothetical president to make this point? This entire commentary describes the current administration.” This election cycle, The President owes at least part of his victory to Rogan and other manosphere influencers who endorsed him. After hosting the now-president on The Joe Rogan Experience—in what became one of the most-watched podcast episodes of all time, with 58 million views at the time of writing—Rogan followed up with a full-throated endorsement just one day before the 2024 election. Are we now seeing the first cracks appear? Rogan isn’t the only vocal The President supporter expressing unease in recent weeks. Barstool Sports founder Dave Portnoy, who publicly backed The President during the campaign, voiced frustration after the president’s rollout of sweeping tariffs sent markets into a nosedive. Portnoy claimed he lost $7 million in the aftermath. “So, The President rolls out the tariffs, right?” Portnoy said in a livestream posted April 7. “This is a decision that one guy made that crashed the whole stock market. That’s why we’re calling it ‘Orange Monday’ and not ‘Black Monday.’” Just days earlier, Portnoy had reaffirmed his support for The President. “I voted for The President, I think he’s a smart guy,” he said in a clip. “I also think he’s playing a high-stakes game here. I’m gonna roll with him for a couple days, a couple weeks, see how this pans out.” By Monday, he said his estimated losses had climbed to $20 million. View the full article
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Essential Guide to Hiring Security Guards for a Safe and Secure Environment
Key Takeaways Enhanced Safety: Hiring security guards significantly improves safety by deterring crime, managing emergencies, and maintaining a secure environment for both employees and customers. Types of Guards: Understand the differences between unarmed and armed security guards to choose the right personnel based on your specific security needs. Employee Motivation: A secure workplace fosters higher employee motivation and engagement, leading to improved performance and reduced turnover. Qualifications Matter: Prioritize candidates with appropriate training and certifications, ensuring they are qualified to handle various security scenarios effectively. Thorough Screening: Conduct comprehensive background checks to ensure you hire experienced and reliable security personnel who can contribute to a safe environment. Compliance and Reputation: Investing in security guards supports compliance with labor laws and enhances your business’s reputation, ultimately helping mitigate liability risks. When it comes to safeguarding your property and ensuring peace of mind, hiring security guards is a crucial step. Whether you’re a business owner, event planner, or homeowner, having trained professionals on-site can make all the difference in deterring crime and handling emergencies. Security guards not only protect your assets but also enhance the overall safety of your environment. Their presence alone can discourage potential threats while providing a sense of security for employees and customers alike. In a world where safety concerns are ever-increasing, understanding how to choose the right security personnel is essential for your peace of mind. Importance Of Hiring Security Guards Hiring security guards plays a critical role in safeguarding your small business. Trained security personnel manage emergencies, deter crime, and enhance overall safety for your workplace. Their professional presence instills confidence in your employees and provides reassurance to your customers. Security guards protect your assets while fostering a secure environment, a vital aspect of employee retention and satisfaction. When employees feel safe, their motivation and engagement increase, leading to better performance and productivity. A secure workplace culture reduces staff turnover and promotes employee loyalty, positively impacting your business growth. Incorporating security guards into your staffing solutions demonstrates a commitment to safety. This proactive approach aligns with effective workforce planning, ensuring that your employees can focus on their roles without concern for their safety. Utilizing trained professionals from a reputable staffing agency streamlines the recruitment process, allowing you to access a diverse talent pool. Hiring security guards also serves as a key component of your HR policies. Establishing clear job descriptions and expectations for security personnel contributes to effective onboarding and training, enabling them to integrate seamlessly into your team. Regular performance reviews ensure accountability and encourage continuous improvement in workplace security. Investing in security personnel supports compliance with labor laws, enhancing your reputation and mitigating liability risks. Ultimately, prioritizing the hiring of security guards not only protects your business but also contributes to a thriving, secure work environment. Types Of Security Guards Understanding the different types of security guards is essential when hiring for your small business. Each type has distinct roles that address specific security needs, ensuring the protection of your assets and employees. Unarmed Security Guards Unarmed security guards are ideal for low-to-moderate risk environments such as malls, schools, and hospitals. Their primary responsibilities include: Patrolling locations to maintain a visible presence. Monitoring surveillance systems for suspicious activities. Controlling access to restricted areas. Enforcing company policies and procedures. Responding to incidents promptly. Unarmed guards facilitate crowd control and conduct searches as needed. Although they lack weapons, their presence alone offers significant deterrence against crime. Additionally, they maintain thorough records of occurrences and anomalies, which strengthens overall safety. Armed Security Guards Armed security guards are necessary for high-risk environments where threats are elevated. Their duties often encompass: Carrying firearms or other weapons to deter criminal activity. Responding to emergencies with a higher level of preparedness. Conducting thorough security assessments of facilities. Collaborating with law enforcement as needed. Hiring armed security guards requires careful consideration of your staffing requirements, as they undergo extensive training and background checks. Maintaining compliance with labor laws and ensuring proper onboarding is vital due to the nature of their roles. While this option presents flexibility for full-time or part-time employees, addressing employee management and potential staff turnover effectively aligns with your overall workforce planning. Incorporating guards into your security strategy enhances workplace culture and levels of employee engagement, ultimately contributing to a safer environment for everyone involved. Benefits Of Hiring Security Guards Hiring security guards brings various advantages that can enhance your small business environment. They contribute to a safer space for employees and customers, fostering a productive workplace culture. Crime Deterrence The presence of security guards significantly deters potential criminals. Criminals often hesitate to target your business if they know trained personnel monitor the area. Local security firms bring invaluable knowledge of the community, further enhancing this deterrent effect. For businesses with heightened security concerns, armed security guards provide an additional layer of protection. Their presence creates a substantial risk for would-be offenders, making your business a less attractive target. Enhanced Safety Security guards play a vital role in protecting your assets and employees. They take proactive measures to prevent vandalism and theft while swiftly addressing suspicious activities. By monitoring premises, they spot potential threats before they escalate, ensuring safety for everyone in your establishment. This proactive approach not only enhances safety but also boosts employee motivation and engagement. When employees feel secure, they’re more likely to focus on their roles without safety concerns, positively impacting job satisfaction and overall workplace culture. Factors To Consider When Hiring Security Guards Hiring security guards involves several critical factors that influence the effectiveness of your security strategy. Focus on these elements to ensure you select the right personnel for your small business needs. Qualifications And Training Prioritize candidates with relevant qualifications and specialized training in security practices. Look for certifications that demonstrate their expertise in areas like crowd control, emergency response, and conflict resolution. A well-trained guard contributes significantly to workplace safety, ultimately increasing employee satisfaction and enhancing your overall workplace culture. Experience And Background Checks Evaluate candidates’ experience levels and conduct thorough background checks. Experienced security guards understand various scenarios and can effectively manage threats. Implement a recruitment strategy that emphasizes candidate screening, including verification of past employment and references. This process ensures you hire reliable personnel who meet your staffing requirements and comply with labor laws, which aligns with your commitment to maintaining a safe environment for employees and customers. Conclusion Hiring security guards is a vital step in creating a safe and secure environment for your business or event. With the right personnel in place you not only protect your assets but also foster a culture of safety that enhances employee morale and customer trust. Understanding the specific needs of your environment allows you to choose the appropriate type of security guard whether armed or unarmed. This strategic decision contributes significantly to deterring crime and managing emergencies effectively. By prioritizing the hiring process and ensuring that your security team is well-trained and qualified you’re investing in the long-term safety and success of your organization. A commitment to security not only safeguards your premises but also supports a thriving workplace culture. Frequently Asked Questions Why should I hire security guards for my business? Hiring security guards can significantly improve the safety of your business by deterring crime, managing emergencies, and providing a sense of security for employees and customers. Their professional presence fosters a safe workplace culture, enhancing employee motivation and customer trust. What types of security guards are available? There are primarily two types of security guards: unarmed and armed. Unarmed guards are ideal for low-to-moderate risk environments, while armed guards are suitable for high-risk situations. Understanding your specific security needs will help you choose the right personnel. How do security guards contribute to workplace safety? Security guards enhance workplace safety by monitoring the environment, controlling access, and responding swiftly to incidents. Their proactive approach helps prevent vandalism, theft, and other security threats, creating a safer atmosphere for employees and customers. What qualifications should I look for in security guards? When hiring security guards, prioritize candidates with relevant certifications in crowd control, emergency response, and conflict resolution. Thorough background checks and experience evaluations are also essential to ensure you hire reliable and compliant personnel. How can security guards help improve employee satisfaction? The presence of security guards creates a safe work environment, which contributes to higher employee satisfaction and motivation. By minimizing safety concerns, employees can focus on their roles, leading to improved productivity and reduced turnover. Image Via Envato This article, "Essential Guide to Hiring Security Guards for a Safe and Secure Environment" was first published on Small Business Trends View the full article
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Essential Guide to Hiring Security Guards for a Safe and Secure Environment
Key Takeaways Enhanced Safety: Hiring security guards significantly improves safety by deterring crime, managing emergencies, and maintaining a secure environment for both employees and customers. Types of Guards: Understand the differences between unarmed and armed security guards to choose the right personnel based on your specific security needs. Employee Motivation: A secure workplace fosters higher employee motivation and engagement, leading to improved performance and reduced turnover. Qualifications Matter: Prioritize candidates with appropriate training and certifications, ensuring they are qualified to handle various security scenarios effectively. Thorough Screening: Conduct comprehensive background checks to ensure you hire experienced and reliable security personnel who can contribute to a safe environment. Compliance and Reputation: Investing in security guards supports compliance with labor laws and enhances your business’s reputation, ultimately helping mitigate liability risks. When it comes to safeguarding your property and ensuring peace of mind, hiring security guards is a crucial step. Whether you’re a business owner, event planner, or homeowner, having trained professionals on-site can make all the difference in deterring crime and handling emergencies. Security guards not only protect your assets but also enhance the overall safety of your environment. Their presence alone can discourage potential threats while providing a sense of security for employees and customers alike. In a world where safety concerns are ever-increasing, understanding how to choose the right security personnel is essential for your peace of mind. Importance Of Hiring Security Guards Hiring security guards plays a critical role in safeguarding your small business. Trained security personnel manage emergencies, deter crime, and enhance overall safety for your workplace. Their professional presence instills confidence in your employees and provides reassurance to your customers. Security guards protect your assets while fostering a secure environment, a vital aspect of employee retention and satisfaction. When employees feel safe, their motivation and engagement increase, leading to better performance and productivity. A secure workplace culture reduces staff turnover and promotes employee loyalty, positively impacting your business growth. Incorporating security guards into your staffing solutions demonstrates a commitment to safety. This proactive approach aligns with effective workforce planning, ensuring that your employees can focus on their roles without concern for their safety. Utilizing trained professionals from a reputable staffing agency streamlines the recruitment process, allowing you to access a diverse talent pool. Hiring security guards also serves as a key component of your HR policies. Establishing clear job descriptions and expectations for security personnel contributes to effective onboarding and training, enabling them to integrate seamlessly into your team. Regular performance reviews ensure accountability and encourage continuous improvement in workplace security. Investing in security personnel supports compliance with labor laws, enhancing your reputation and mitigating liability risks. Ultimately, prioritizing the hiring of security guards not only protects your business but also contributes to a thriving, secure work environment. Types Of Security Guards Understanding the different types of security guards is essential when hiring for your small business. Each type has distinct roles that address specific security needs, ensuring the protection of your assets and employees. Unarmed Security Guards Unarmed security guards are ideal for low-to-moderate risk environments such as malls, schools, and hospitals. Their primary responsibilities include: Patrolling locations to maintain a visible presence. Monitoring surveillance systems for suspicious activities. Controlling access to restricted areas. Enforcing company policies and procedures. Responding to incidents promptly. Unarmed guards facilitate crowd control and conduct searches as needed. Although they lack weapons, their presence alone offers significant deterrence against crime. Additionally, they maintain thorough records of occurrences and anomalies, which strengthens overall safety. Armed Security Guards Armed security guards are necessary for high-risk environments where threats are elevated. Their duties often encompass: Carrying firearms or other weapons to deter criminal activity. Responding to emergencies with a higher level of preparedness. Conducting thorough security assessments of facilities. Collaborating with law enforcement as needed. Hiring armed security guards requires careful consideration of your staffing requirements, as they undergo extensive training and background checks. Maintaining compliance with labor laws and ensuring proper onboarding is vital due to the nature of their roles. While this option presents flexibility for full-time or part-time employees, addressing employee management and potential staff turnover effectively aligns with your overall workforce planning. Incorporating guards into your security strategy enhances workplace culture and levels of employee engagement, ultimately contributing to a safer environment for everyone involved. Benefits Of Hiring Security Guards Hiring security guards brings various advantages that can enhance your small business environment. They contribute to a safer space for employees and customers, fostering a productive workplace culture. Crime Deterrence The presence of security guards significantly deters potential criminals. Criminals often hesitate to target your business if they know trained personnel monitor the area. Local security firms bring invaluable knowledge of the community, further enhancing this deterrent effect. For businesses with heightened security concerns, armed security guards provide an additional layer of protection. Their presence creates a substantial risk for would-be offenders, making your business a less attractive target. Enhanced Safety Security guards play a vital role in protecting your assets and employees. They take proactive measures to prevent vandalism and theft while swiftly addressing suspicious activities. By monitoring premises, they spot potential threats before they escalate, ensuring safety for everyone in your establishment. This proactive approach not only enhances safety but also boosts employee motivation and engagement. When employees feel secure, they’re more likely to focus on their roles without safety concerns, positively impacting job satisfaction and overall workplace culture. Factors To Consider When Hiring Security Guards Hiring security guards involves several critical factors that influence the effectiveness of your security strategy. Focus on these elements to ensure you select the right personnel for your small business needs. Qualifications And Training Prioritize candidates with relevant qualifications and specialized training in security practices. Look for certifications that demonstrate their expertise in areas like crowd control, emergency response, and conflict resolution. A well-trained guard contributes significantly to workplace safety, ultimately increasing employee satisfaction and enhancing your overall workplace culture. Experience And Background Checks Evaluate candidates’ experience levels and conduct thorough background checks. Experienced security guards understand various scenarios and can effectively manage threats. Implement a recruitment strategy that emphasizes candidate screening, including verification of past employment and references. This process ensures you hire reliable personnel who meet your staffing requirements and comply with labor laws, which aligns with your commitment to maintaining a safe environment for employees and customers. Conclusion Hiring security guards is a vital step in creating a safe and secure environment for your business or event. With the right personnel in place you not only protect your assets but also foster a culture of safety that enhances employee morale and customer trust. Understanding the specific needs of your environment allows you to choose the appropriate type of security guard whether armed or unarmed. This strategic decision contributes significantly to deterring crime and managing emergencies effectively. By prioritizing the hiring process and ensuring that your security team is well-trained and qualified you’re investing in the long-term safety and success of your organization. A commitment to security not only safeguards your premises but also supports a thriving workplace culture. Frequently Asked Questions Why should I hire security guards for my business? Hiring security guards can significantly improve the safety of your business by deterring crime, managing emergencies, and providing a sense of security for employees and customers. Their professional presence fosters a safe workplace culture, enhancing employee motivation and customer trust. What types of security guards are available? There are primarily two types of security guards: unarmed and armed. Unarmed guards are ideal for low-to-moderate risk environments, while armed guards are suitable for high-risk situations. Understanding your specific security needs will help you choose the right personnel. How do security guards contribute to workplace safety? Security guards enhance workplace safety by monitoring the environment, controlling access, and responding swiftly to incidents. Their proactive approach helps prevent vandalism, theft, and other security threats, creating a safer atmosphere for employees and customers. What qualifications should I look for in security guards? When hiring security guards, prioritize candidates with relevant certifications in crowd control, emergency response, and conflict resolution. Thorough background checks and experience evaluations are also essential to ensure you hire reliable and compliant personnel. How can security guards help improve employee satisfaction? The presence of security guards creates a safe work environment, which contributes to higher employee satisfaction and motivation. By minimizing safety concerns, employees can focus on their roles, leading to improved productivity and reduced turnover. Image Via Envato This article, "Essential Guide to Hiring Security Guards for a Safe and Secure Environment" was first published on Small Business Trends View the full article
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Essential Steps to Take After Incorporating a Business for Success
Key Takeaways Incorporation Basics: Incorporating your business establishes it as a separate legal entity, affecting liability, taxes, and growth potential; choose the structure that best fits your needs (LLC, corporation, etc.). Financial Organization: Open a corporate bank account to separate personal and business finances, simplify tax preparation, and enhance business credibility. Tax Compliance: Understand and meet your tax obligations by obtaining an Employer Identification Number (EIN) and keeping accurate records to avoid penalties. Ongoing Compliance: Maintain proper records, conduct annual meetings, and file necessary reports to ensure compliance with state and federal regulations, essential for continuing your corporate status. Liability Protection: Enjoy the benefits of limited liability protection, which safeguards your personal assets from business-related risks and liabilities. Funding and Credibility: Incorporation enhances your business’s credibility, making it more attractive to investors and providing access to various funding opportunities. Incorporating a business is just the first step on your entrepreneurial journey. Once you’ve taken this leap, a new world of responsibilities and opportunities opens up. Understanding what comes next is crucial for your success and growth. From managing your finances to navigating legal requirements, you’ll need to adapt to a new way of operating. Whether it’s setting up a corporate bank account or ensuring compliance with state regulations, each decision you make shapes the future of your business. Embrace this exciting phase, and let’s explore the essential steps you should take after incorporating your business to thrive in today’s competitive landscape. Understanding The Incorporation Process Incorporating a business introduces significant changes, including new responsibilities and opportunities. Understanding the incorporation process will help you navigate these changes effectively. What It Means To Incorporate Incorporation means creating a legal entity separate from its owners. Options include LLCs (Limited Liability Companies), corporations, and partnerships. Each structure affects your taxes, liability, and growth potential. For example, a corporation offers liability protection but comes with more regulations. Recognizing these differences will help you choose the right legal structure for your startup. Key Steps In The Incorporation Process Choose Your Business Structure: Decide between an LLC, corporation, or other options based on your business model and goals. Select a Business Name: Ensure the name aligns with your branding and is unique in your state. Check for trademark conflicts to protect your intellectual property. File Articles of Incorporation: Submit the required documents to your state, including details about your business, its purpose, and structure. Create By-Laws: Draft by-laws that govern your business operations, including meeting protocols, voting processes, and roles of officers. Obtain an EIN: Get an Employer Identification Number (EIN) from the IRS for tax purposes. This number is essential for opening a corporate bank account and hiring employees. Open a Corporate Bank Account: Separate personal and business finances to ensure clear cash flow management and accounting. Comply With State Regulations: Stay informed about ongoing compliance requirements, including permits or licenses specific to your business type. Establish a Record-Keeping System: Implement an accounting method to track income, expenses, and perform tax reporting efficiently. By understanding the incorporation process and its key steps, you’ll position your small business for success in the competitive market. Immediate Considerations After Incorporating A Business After incorporating a business, you face important tasks that ensure compliance with legal and operational requirements. Addressing these immediately sets a solid foundation for your small business. Setting Up A Business Bank Account Opening a separate business bank account is essential for maintaining clear distinctions between personal and business finances. This practice not only simplifies tax preparation but also keeps accurate financial records. Make sure that the bank account is registered in the corporation’s name, and list all authorized officers as signatories. Many banks offer options specifically tailored for small businesses, which can provide additional services like bookkeeping or access to loans that facilitate your growth strategy. Understanding Tax Obligations Understanding your tax obligations is critical for long-term success. First, obtain an Employer Identification Number (EIN) from the IRS if you haven’t yet. This number identifies your business for tax purposes and is required before hiring employees or opening a business bank account. Accurate record-keeping aids in managing accounting needs and staying compliant with tax laws. Furthermore, familiarizing yourself with local, state, and federal tax obligations can help avoid penalties and streamline financial planning for your small business. Consider consulting with a tax advisor or accountant to navigate these complexities effectively. Ongoing Compliance Requirements After incorporating a business, you face ongoing compliance requirements to maintain your company’s legal status and avoid penalties. Understanding these requirements ensures smooth operations and compliance with regulations. Keeping Records And Filing Reports You must keep accurate records and file reports regularly. Maintaining statutory registers such as the Register of Directors and Register of Members is essential for compliance. In India, these records undergo regulatory audits and inspections as stipulated under the Companies Act, 2013. Additionally, you must have proper books of accounts, which accurately reflect your financial situation. This requirement applies to all types of companies, including corporations and LLCs. Regular filing of financial statements and other reports ensures adherence to tax obligations and regulatory standards. Annual Meetings And Documentation Conducting annual meetings is a vital part of compliance for incorporated businesses. These meetings allow you to discuss strategic decisions, review performance, and address any functional issues. Proper documentation of these meetings, including minutes, is crucial for maintaining legal integrity. Ensure you follow state guidelines regarding the timing and structure of these meetings. Documentation also serves as a record for stakeholders and investors, reinforcing transparency. By adhering to these practices, you can position your business for continued growth and success. Benefits Of Incorporating Incorporating your business offers various significant benefits that can enhance your startup’s sustainability and growth potential. This legal structure is vital for protecting your interests and improving your credibility in the marketplace. Limited Liability Protection Limited liability protection acts as a safety net for your personal assets. Incorporation creates a distinct legal entity separate from you as the owner. This separation means that in case of business liabilities—like debts or lawsuits—creditors can only target corporate assets. Your home, car, and personal savings remain shielded from business-related risks. Shareholders enjoy this protection, ensuring that personal financial stability isn’t jeopardized by corporate obligations. Increased Credibility And Funding Opportunities Incorporation increases your small business’s credibility with customers, suppliers, and financial institutions. Operating as a corporation or LLC signals professionalism and commitment. This setup also opens doors to various funding options. Many investors, including angel investors and venture capitalists, prefer to invest in incorporated entities due to the legal protections involved. Incorporation enhances your chances of securing business grants, loans, and other financial resources, fueling your growth strategy and helping you develop a robust business model. Additionally, this credibility can attract potential partnerships and collaborations, essential for market penetration and expanding your target audience. Common Challenges Faced After Incorporation After incorporating, several challenges arise that require your attention as a small business owner. Addressing these challenges effectively helps you establish a solid foundation for your venture. Navigating Legal Requirements Navigating legal requirements involves ensuring compliance with local and state regulations. You must obtain the necessary licenses and permits specific to your business type. Ignoring these legalities can lead to costly fines or penalties. Maintaining your LLC or corporate status is equally vital. You must file annual reports, pay franchise taxes, and submit beneficial ownership information according to state and federal mandates. Managing Business Operations Effectively Managing business operations effectively entails coordinating various aspects, including finance, marketing, and employee management. Maintaining accurate accounting practices is crucial for tracking expenses and cash flow. Developing a strong business model helps you identify your target audience and align your operations accordingly. Implementing a growth strategy can drive customer acquisition efforts, enhance sales, and improve profit margins. Prioritizing customer service reinforces your brand image and builds loyalty, essential for long-term success in a competitive market. Conclusion Embracing the journey after incorporating your business sets the stage for future success. By managing your finances and adhering to legal requirements, you create a solid foundation for growth. Remember to keep your business operations organized and compliant, as this not only protects your assets but also enhances your credibility in the market. As you navigate this new phase, focus on implementing effective strategies that prioritize customer satisfaction and operational efficiency. This proactive approach will help you build a thriving enterprise that stands out in today’s competitive landscape. Frequently Asked Questions What should I do first after incorporating my business? After incorporating your business, the first step is to open a corporate bank account. This ensures a clear separation between your personal and business finances, which simplifies bookkeeping and tax preparation. Why is it important to set up an Employer Identification Number (EIN)? Obtaining an EIN is crucial for tax purposes. It allows you to hire employees, apply for business licenses, and file corporate taxes, helping you comply with local, state, and federal regulations. What are the benefits of incorporating a business? Incorporating offers limited liability protection, separating your personal assets from business debts. It also enhances credibility and opens up funding opportunities, as investors often prefer incorporated businesses for their legal protections. How do I choose the right business structure for incorporation? When choosing a business structure, consider factors such as liability, taxation, and growth potential. Common options include LLCs, corporations, and partnerships, each with unique advantages and obligations. What ongoing compliance requirements should I be aware of? Ongoing compliance involves maintaining accurate records, filing regular reports, conducting annual meetings, and ensuring you meet state regulations. These practices are essential for retaining your business’s legal status and avoiding penalties. How can I effectively manage my business finances post-incorporation? To manage your finances, establish a clear accounting system, track expenses diligently, and create a budget. Regularly review your financial performance and adapt your strategies to align with business goals. What licenses and permits do I need after incorporating? The specific licenses and permits required depend on your business type and location. Research local, state, and federal regulations to ensure compliance with all necessary legal requirements for your industry. How can I build credibility for my newly incorporated business? You can enhance credibility by showcasing your incorporation status, maintaining transparency in operations, delivering quality products or services, and engaging in professional marketing strategies to attract customers and partners. Image Via Envato This article, "Essential Steps to Take After Incorporating a Business for Success" was first published on Small Business Trends View the full article
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Essential Steps to Take After Incorporating a Business for Success
Key Takeaways Incorporation Basics: Incorporating your business establishes it as a separate legal entity, affecting liability, taxes, and growth potential; choose the structure that best fits your needs (LLC, corporation, etc.). Financial Organization: Open a corporate bank account to separate personal and business finances, simplify tax preparation, and enhance business credibility. Tax Compliance: Understand and meet your tax obligations by obtaining an Employer Identification Number (EIN) and keeping accurate records to avoid penalties. Ongoing Compliance: Maintain proper records, conduct annual meetings, and file necessary reports to ensure compliance with state and federal regulations, essential for continuing your corporate status. Liability Protection: Enjoy the benefits of limited liability protection, which safeguards your personal assets from business-related risks and liabilities. Funding and Credibility: Incorporation enhances your business’s credibility, making it more attractive to investors and providing access to various funding opportunities. Incorporating a business is just the first step on your entrepreneurial journey. Once you’ve taken this leap, a new world of responsibilities and opportunities opens up. Understanding what comes next is crucial for your success and growth. From managing your finances to navigating legal requirements, you’ll need to adapt to a new way of operating. Whether it’s setting up a corporate bank account or ensuring compliance with state regulations, each decision you make shapes the future of your business. Embrace this exciting phase, and let’s explore the essential steps you should take after incorporating your business to thrive in today’s competitive landscape. Understanding The Incorporation Process Incorporating a business introduces significant changes, including new responsibilities and opportunities. Understanding the incorporation process will help you navigate these changes effectively. What It Means To Incorporate Incorporation means creating a legal entity separate from its owners. Options include LLCs (Limited Liability Companies), corporations, and partnerships. Each structure affects your taxes, liability, and growth potential. For example, a corporation offers liability protection but comes with more regulations. Recognizing these differences will help you choose the right legal structure for your startup. Key Steps In The Incorporation Process Choose Your Business Structure: Decide between an LLC, corporation, or other options based on your business model and goals. Select a Business Name: Ensure the name aligns with your branding and is unique in your state. Check for trademark conflicts to protect your intellectual property. File Articles of Incorporation: Submit the required documents to your state, including details about your business, its purpose, and structure. Create By-Laws: Draft by-laws that govern your business operations, including meeting protocols, voting processes, and roles of officers. Obtain an EIN: Get an Employer Identification Number (EIN) from the IRS for tax purposes. This number is essential for opening a corporate bank account and hiring employees. Open a Corporate Bank Account: Separate personal and business finances to ensure clear cash flow management and accounting. Comply With State Regulations: Stay informed about ongoing compliance requirements, including permits or licenses specific to your business type. Establish a Record-Keeping System: Implement an accounting method to track income, expenses, and perform tax reporting efficiently. By understanding the incorporation process and its key steps, you’ll position your small business for success in the competitive market. Immediate Considerations After Incorporating A Business After incorporating a business, you face important tasks that ensure compliance with legal and operational requirements. Addressing these immediately sets a solid foundation for your small business. Setting Up A Business Bank Account Opening a separate business bank account is essential for maintaining clear distinctions between personal and business finances. This practice not only simplifies tax preparation but also keeps accurate financial records. Make sure that the bank account is registered in the corporation’s name, and list all authorized officers as signatories. Many banks offer options specifically tailored for small businesses, which can provide additional services like bookkeeping or access to loans that facilitate your growth strategy. Understanding Tax Obligations Understanding your tax obligations is critical for long-term success. First, obtain an Employer Identification Number (EIN) from the IRS if you haven’t yet. This number identifies your business for tax purposes and is required before hiring employees or opening a business bank account. Accurate record-keeping aids in managing accounting needs and staying compliant with tax laws. Furthermore, familiarizing yourself with local, state, and federal tax obligations can help avoid penalties and streamline financial planning for your small business. Consider consulting with a tax advisor or accountant to navigate these complexities effectively. Ongoing Compliance Requirements After incorporating a business, you face ongoing compliance requirements to maintain your company’s legal status and avoid penalties. Understanding these requirements ensures smooth operations and compliance with regulations. Keeping Records And Filing Reports You must keep accurate records and file reports regularly. Maintaining statutory registers such as the Register of Directors and Register of Members is essential for compliance. In India, these records undergo regulatory audits and inspections as stipulated under the Companies Act, 2013. Additionally, you must have proper books of accounts, which accurately reflect your financial situation. This requirement applies to all types of companies, including corporations and LLCs. Regular filing of financial statements and other reports ensures adherence to tax obligations and regulatory standards. Annual Meetings And Documentation Conducting annual meetings is a vital part of compliance for incorporated businesses. These meetings allow you to discuss strategic decisions, review performance, and address any functional issues. Proper documentation of these meetings, including minutes, is crucial for maintaining legal integrity. Ensure you follow state guidelines regarding the timing and structure of these meetings. Documentation also serves as a record for stakeholders and investors, reinforcing transparency. By adhering to these practices, you can position your business for continued growth and success. Benefits Of Incorporating Incorporating your business offers various significant benefits that can enhance your startup’s sustainability and growth potential. This legal structure is vital for protecting your interests and improving your credibility in the marketplace. Limited Liability Protection Limited liability protection acts as a safety net for your personal assets. Incorporation creates a distinct legal entity separate from you as the owner. This separation means that in case of business liabilities—like debts or lawsuits—creditors can only target corporate assets. Your home, car, and personal savings remain shielded from business-related risks. Shareholders enjoy this protection, ensuring that personal financial stability isn’t jeopardized by corporate obligations. Increased Credibility And Funding Opportunities Incorporation increases your small business’s credibility with customers, suppliers, and financial institutions. Operating as a corporation or LLC signals professionalism and commitment. This setup also opens doors to various funding options. Many investors, including angel investors and venture capitalists, prefer to invest in incorporated entities due to the legal protections involved. Incorporation enhances your chances of securing business grants, loans, and other financial resources, fueling your growth strategy and helping you develop a robust business model. Additionally, this credibility can attract potential partnerships and collaborations, essential for market penetration and expanding your target audience. Common Challenges Faced After Incorporation After incorporating, several challenges arise that require your attention as a small business owner. Addressing these challenges effectively helps you establish a solid foundation for your venture. Navigating Legal Requirements Navigating legal requirements involves ensuring compliance with local and state regulations. You must obtain the necessary licenses and permits specific to your business type. Ignoring these legalities can lead to costly fines or penalties. Maintaining your LLC or corporate status is equally vital. You must file annual reports, pay franchise taxes, and submit beneficial ownership information according to state and federal mandates. Managing Business Operations Effectively Managing business operations effectively entails coordinating various aspects, including finance, marketing, and employee management. Maintaining accurate accounting practices is crucial for tracking expenses and cash flow. Developing a strong business model helps you identify your target audience and align your operations accordingly. Implementing a growth strategy can drive customer acquisition efforts, enhance sales, and improve profit margins. Prioritizing customer service reinforces your brand image and builds loyalty, essential for long-term success in a competitive market. Conclusion Embracing the journey after incorporating your business sets the stage for future success. By managing your finances and adhering to legal requirements, you create a solid foundation for growth. Remember to keep your business operations organized and compliant, as this not only protects your assets but also enhances your credibility in the market. As you navigate this new phase, focus on implementing effective strategies that prioritize customer satisfaction and operational efficiency. This proactive approach will help you build a thriving enterprise that stands out in today’s competitive landscape. Frequently Asked Questions What should I do first after incorporating my business? After incorporating your business, the first step is to open a corporate bank account. This ensures a clear separation between your personal and business finances, which simplifies bookkeeping and tax preparation. Why is it important to set up an Employer Identification Number (EIN)? Obtaining an EIN is crucial for tax purposes. It allows you to hire employees, apply for business licenses, and file corporate taxes, helping you comply with local, state, and federal regulations. What are the benefits of incorporating a business? Incorporating offers limited liability protection, separating your personal assets from business debts. It also enhances credibility and opens up funding opportunities, as investors often prefer incorporated businesses for their legal protections. How do I choose the right business structure for incorporation? When choosing a business structure, consider factors such as liability, taxation, and growth potential. Common options include LLCs, corporations, and partnerships, each with unique advantages and obligations. What ongoing compliance requirements should I be aware of? Ongoing compliance involves maintaining accurate records, filing regular reports, conducting annual meetings, and ensuring you meet state regulations. These practices are essential for retaining your business’s legal status and avoiding penalties. How can I effectively manage my business finances post-incorporation? To manage your finances, establish a clear accounting system, track expenses diligently, and create a budget. Regularly review your financial performance and adapt your strategies to align with business goals. What licenses and permits do I need after incorporating? The specific licenses and permits required depend on your business type and location. Research local, state, and federal regulations to ensure compliance with all necessary legal requirements for your industry. How can I build credibility for my newly incorporated business? You can enhance credibility by showcasing your incorporation status, maintaining transparency in operations, delivering quality products or services, and engaging in professional marketing strategies to attract customers and partners. Image Via Envato This article, "Essential Steps to Take After Incorporating a Business for Success" was first published on Small Business Trends View the full article
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Why Do Web Standards Matter? Google Explains SEO Benefits via @sejournal, @MattGSouthern
Google's Gary Illyes explains how web standards benefit SEO, focusing on the differences between robots.txt and sitemaps. The post Why Do Web Standards Matter? Google Explains SEO Benefits appeared first on Search Engine Journal. View the full article
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SBA Reports Major Increase in Manufacturing Loans Under Trump Administration
The U.S. Small Business Administration (SBA) announced a significant increase in 7(a) loan approvals for small manufacturers during the first 90 days of the The President Administration. According to data released April 17, the number of loans issued through the SBA’s flagship lending program has risen by 74% compared to the same period during the start of the Biden Administration. Since January 20, 2025, SBA has approved more than 1,120 7(a) loans for manufacturers, totaling $677 million. By comparison, during the first 90 days of 2021, fewer than 650 loans were approved, amounting to $497 million in total loan volume. The 7(a) program provides government-backed financing for small businesses to fund equipment purchases, real estate, working capital, and business expansion. “Loan applications and approvals for small manufacturers are surging – a clear sign that American manufacturing is roaring back, fueled by pro-growth policies that put American workers and businesses first,” said SBA Administrator Kelly Loeffler. “Thanks to President The President’s agenda to restore economic and national security, SBA is helping to power an industrial comeback – meeting massive demand to help America’s small producers expand operations, create good-paying jobs, and restore our supply chains.” Nearly 99% of American manufacturers are classified as small businesses, and the SBA continues to prioritize this segment of the economy through targeted initiatives and lending support. The increase in lending activity coincides with the The President Administration’s focus on domestic production. SBA attributes the growth in loan volume to pro-business measures such as tax cuts, deregulation, energy independence policies, and tariffs. The agency noted that 10,000 manufacturing jobs were gained during President The President’s first full month in office, in contrast to the more than 111,000 jobs lost in the sector during 2024 under the previous administration. In March, SBA launched the Made in America Manufacturing Initiative, a campaign aimed at reducing regulatory burdens, improving access to capital, and supporting workforce development in manufacturing. The agency stated that the initiative’s goal is to cut $100 billion in red tape and provide direct support to small producers. This article, "SBA Reports Major Increase in Manufacturing Loans Under The President Administration" was first published on Small Business Trends View the full article
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SBA Reports Major Increase in Manufacturing Loans Under Trump Administration
The U.S. Small Business Administration (SBA) announced a significant increase in 7(a) loan approvals for small manufacturers during the first 90 days of the The President Administration. According to data released April 17, the number of loans issued through the SBA’s flagship lending program has risen by 74% compared to the same period during the start of the Biden Administration. Since January 20, 2025, SBA has approved more than 1,120 7(a) loans for manufacturers, totaling $677 million. By comparison, during the first 90 days of 2021, fewer than 650 loans were approved, amounting to $497 million in total loan volume. The 7(a) program provides government-backed financing for small businesses to fund equipment purchases, real estate, working capital, and business expansion. “Loan applications and approvals for small manufacturers are surging – a clear sign that American manufacturing is roaring back, fueled by pro-growth policies that put American workers and businesses first,” said SBA Administrator Kelly Loeffler. “Thanks to President The President’s agenda to restore economic and national security, SBA is helping to power an industrial comeback – meeting massive demand to help America’s small producers expand operations, create good-paying jobs, and restore our supply chains.” Nearly 99% of American manufacturers are classified as small businesses, and the SBA continues to prioritize this segment of the economy through targeted initiatives and lending support. The increase in lending activity coincides with the The President Administration’s focus on domestic production. SBA attributes the growth in loan volume to pro-business measures such as tax cuts, deregulation, energy independence policies, and tariffs. The agency noted that 10,000 manufacturing jobs were gained during President The President’s first full month in office, in contrast to the more than 111,000 jobs lost in the sector during 2024 under the previous administration. In March, SBA launched the Made in America Manufacturing Initiative, a campaign aimed at reducing regulatory burdens, improving access to capital, and supporting workforce development in manufacturing. The agency stated that the initiative’s goal is to cut $100 billion in red tape and provide direct support to small producers. This article, "SBA Reports Major Increase in Manufacturing Loans Under The President Administration" was first published on Small Business Trends View the full article