The IRS announces a tax deadline extension of 90 days to July 15 interest and penalty-free to help individuals and businesses affected by the coronavirus pandemic.
As Treasury Secretary Steven Mnuchin said Tuesday in the briefing about the coronavirus, individual taxpayers and small businesses can delay paying their income taxes on as much as $1 million for up to 90 days. The sum goes up to $10 million for corporations.
Employee incentives do not always have to involve money. Many employees just want to hear a “thank you” and “great job.”
Studies have shown that employee rewards programs can be a good idea. (Companies with some kind of recognition program have 31% lower turnover, according to Bersin & Associates.) But the execution of an employee rewards program can be bad or good.
Ever try to negotiate with a toddler? You’ll soon find one of the first words that they learn is “no,” and they use it every chance they get to let you know what you’re offering doesn’t work for them. You don’t have to cross your arms and pout, to see the lesson learned from them in how most entrepreneurs negotiate.
As a small business owner, you are probably optimistic to a fault and eager to please. You focus on making customers happy at all costs, so you are willing to take on an immense amount of pressure to avoid ever having to say the dreaded word “no.”
This is a shame because there’s so much power in that single word. When used thoughtfully and intentionally, it creates negotiating leverage, but more importantly, it changes the entire psychology of the decision-making process.
Essentially, a business aims to generate profits from its operations. However, if your venture is operating in debt, its viability can be impacted. Many businesses are funded from various loan sources during the start-up phase but issues such as increased interest rates, recession as well as a lack of credit can be a cause for concern. You will realize that your business may be struggling to get out of debt in the long run. With that being said, the situation can be compounded by the limited income that the company generates. When you are in such a predicament, you need to implement effective strategies that can get you out of business debt. If you want to learn some of these strategies, read on!
Google shook things up in the online storage field when it announced that it had rebranded its cloud storage offering and added new pricing plans. Google One is the new name of the company’s paid storage platform, which allows you to store a range of data, including documents from Google Drive and images from Google Photos. Google Drive is still the company’s free document storage service, but paid storage has moved over to Google One.
For many people, being negative is just a part of life. Maybe they’ve been negative their whole life or some recent event knocked them sideways, and now they’ve just come to accept that way of thinking, but this article will show you how to stop being negative.
Not only do you have news and social media working hard to flood you with sensationalized stories each day, but you also have your own mindset working against you. We each have our own inherent negativity bias[1] where the bad stuff tends to stay around much longer in our mind than anything positive. This was a survival mechanism back in hunter-gatherer times, but no longer serves us.
Like every other cultural institution that makes life in New York City worth living, the Metropolitan Opera was forced to cancel its live performances in the wake of the coronavirus pandemic.
But don’t expect a finale just yet. The famed opera house, a pioneer of live-streamed theatrical performances, is mining its vault to help all those Verdi and Donizetti fans cope with their cabin fever while they’re holed up in their eight-room Upper West Side penthouses.
So many forces are outside of a business’s control. (This is true in every era, not just now, when things feel particularly out of control.) Yet there is an ingredient of business success that’s within your control to improve, interaction by interaction and inch by inch.
That ingredient is the quality of your engagement with customers: your customer service, customer experience, the quality of your relationship with your customers and of their relationship to your brand and organization.
When you’re an entrepreneur, you generally need to understand every function of your company: operations, sales, marketing, finances, and human resources. Many business owners, however, only concentrate on departments that are directly linked to sales and increased ROI, and put human resources on the back burner.
However, by not making HR a critical department in your operation, you are sabotaging your company. This is not to say that a startup should immediately hire an HR coordinator, but if you run a small business, you need to be knowledgeable about HR. Implementing the following practices will put your organization in a stronger position for growth and financial success.
As more people work remotely, they are doing so from different places. And one of those places is a coworking space. So, what are the challenges users of these spaces face when they work there?
According to a new survey from Clutch, safety is one of the issues. Almost a quarter or 23% of the respondents in the survey say they don’t feel safe. Moreover, 88% experience different types of challenges.
In the report, Clutch says there are more than 20,000 coworking spaces in the world. And as more companies send their workforce to work in these spaces, they should address the challenges they are facing.
Titled, “6 Challenges of Coworking Spaces” the report looks at each issue with a workaround for the problem.
Dispatches From The Front 