Entrepreneurial Burnout: 6 Ways to Avoid And Overcome It | Life Hack

December 15, 2021December 14, 2021 ~ knjohn ~ Leave a comment

Burnout became an especially painful issue during the pandemic when the majority of people worked from home, finding it difficult to draw the line between work and private life. However, entrepreneur burnout has been less discussed, despite evidence that entrepreneurs are at a higher risk of burning out.

It may seem that as the boss, you are more in control of your time and work duties. Feeling stressed? Take a day off. Don’t feel like doing something? Give the task to someone else. But in reality, the responsibility of leading a company weighs heavy on many company owners.

In addition, when you’re passionate about growing your business, it can be tricky to notice the symptoms of burnout. It may take long months or even years of putting yourself through survival mode before you notice that your body or mind has raised a white flag.

A Coinbase ‘display issue’ glitch showed incorrect customer wallet balances | Mashable

December 15, 2021December 14, 2021 ~ knjohn ~ Leave a comment

For a brief moment, their worlds had changed.

On Tuesday afternoon a Coinbase “display issue” changed the balances of an untold number of customers’ accounts — making many of them billionaires in the process. Billionaires on paper, that is, because as Coinbase hastily pointed out in a statement on Twitter, no real trading was affected by the glitch.

“We’re aware some customers are seeing inflated values for non-tradable crypto assets on Coinbase.com and Coinbase Wallet,” read the Coinbase statement acknowledging the error. “This is a display issue only and does not impact trading.”

Biden Order Should Make Filing Taxes, Renewing Passports Easier | Forbes

December 14, 2021December 13, 2021 ~ knjohn ~ Leave a comment

Americans will likely soon find it easier to do things like file taxes, renew their passport, manage student loans, change their address and more, as President Joe Biden signed an executive order Monday that will improve customer service infrastructure across 17 federal agencies.

The order will direct government officials to “account for the experiences of the public in seeking government services” by making 36 customer service improvements across the federal government, according to a fact sheet released Monday.

Biden Won’t Extend Student Loan Relief And Confirms Student Loan Payments Restart February 1 | Forbes

December 14, 2021December 13, 2021 ~ knjohn ~ Leave a comment

The Biden administration won’t extend student loan relief and confirmed student loan payments restart February 1, 2022.

Here’s what you need to know.

Cash Flow Management Mistakes That Can Kill a Small Business | All Business

December 13, 2021December 12, 2021 ~ knjohn ~ Leave a comment

Starting a business is never easy. Running and growing one is another challenge altogether. Whether it’s your first company or your fourth, the risks and opportunities are always boundless, and so is the pressure to make it work.

While there are a million different things that can go wrong with an emerging business, there are some common business mistakes that get in the way of almost every entrepreneur. One particularly nasty one is cash flow management.

Maintaining a healthy cash flow is critical for any business’s longevity and success, but it’s also a problem because cash flow concerns are never an immediate priority. Don’t get me wrong, most entrepreneurs do take cash flow management seriously, but it often takes a back seat, overshadowed by that critical meeting after lunch or the upcoming product launch. As a consequence, businesses start bleeding money—not all at once, but slowly over the months, until we get to a point where the flow stops.

$100 Billion in SBA Loans and Grants Still Available | Small Business Trends

December 10, 2021December 8, 2021 ~ knjohn ~ Leave a comment

With less than three weeks remaining in 2021, you still have the opportunity to get a piece of the $100 billion left in Small Business Administration (SBA) loans and grants. December 31 is the last day applications will be accepted for the COVID-19 Economic Injury Disaster Loan (EIDL) and Targeted EIDL Advance. And the Supplemental Targeted Advance applications must be turned in no later than December 10, 2021.

$100 Billion in SBA Loans and Grants STILL Available for Small Business

One of the benefits of applying for government loans is the great rates. As a small business with less than 500 employees, you can apply for an EIDL loan of up to $2 million. The loan comes with a 3.75% interest rate if you are a for-profit company. And if you are a not-for-profit organization, the rate goes down to 2.75%. What makes it even more attractive is, these are 30-year loans.

Consumers Spent Less on Black Friday and Cyber Monday Sales in 2021 | Small Business Trends

December 10, 2021December 8, 2021 ~ knjohn ~ Leave a comment

The Adobe Digital Economy Index revealed consumer spending for Cyber Monday was down 1.4% year-over-year (YoY). And for Black Friday it was down 1.3% YoY at $8.9B vs $9B (2020). Even though the numbers for Thanksgiving Day didn’t go down, spending, however, stayed flat at $5.1B.

Consumers Spent Less on Black Friday and Cyber Monday in 2021

Considering the events of the past couple of years, which were primarily driven by the pandemic, the data is not as bleak.

The Adobe Digital Economy Index provides a comprehensive view of U.S. e-commerce. It does this by analyzing direct consumer transactions online covering over one trillion visits to U.S. retail sites, 100 million SKUs, and 18 product categories. According to the company, this is more than any other technology company or research organization. Based on Adobe Analytics, the data is the final online shopping figures for Cyber Monday and Cyber Week 2021.

The Benefits of Tableside Ordering | business.com

December 9, 2021December 7, 2021 ~ knjohn ~ Leave a comment

What are the benefits of tableside ordering and payment? There’s something about the word “tableside.” Some Mexican restaurants offer guacamole prepared tableside for a markup that customers are willing to pay. In fine dining establishments, the Caesar salad that’s made to order next to your table with the right amount of flourish is worth the extra money to many diners. The personal touch makes a meal out even more special.

Tableside ordering could also be a special touch that diners would return for. If you’re interested in tableside ordering, read on to learn what it is, the benefits of adding it to your restaurant, and the technology you’ll need to offer this service to your customers.

How to Stop Absenteeism in the Workplace | business.com

December 9, 2021December 7, 2021 ~ knjohn ~ Leave a comment

Employee absenteeism is costly, and it can hurt company morale and productivity. However, many absences are preventable. Learn the underlying causes and how to prevent them.

Your employees help determine the success of your business, which is why it is important to have reliable, engaged workers who show up when they are scheduled. However, many organizations find themselves in the undesirable position of having one or more employees frequently show up late or not at all. Employee absenteeism might seem harmless at first, but it can cause significant problems for your company. If left unmanaged, excessive absenteeism can reduce productivity, efficiency and company morale. It can also increase burnout, employee turnover and staffing costs. Learn what the primary causes of absenteeism are and how you can stop it from happening.