9 Inflation Tips for Startups | AllBusiness.com

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The United States experienced historic inflation in 2022, and it paved the way for the surge of price increases that followed into 2023. Meanwhile, people continue to become entrepreneurs. According to the U.S. Census Bureau, over 5 million applications were filed to form new businesses in 2022. And now, many of these companies are facing an impending recession—or an economic squeeze at the very least.

For these fledgling startups, it’s important to proactively combat the rippling effects of inflation to stay afloat. From reassessing margins to cutting costs, the following inflation tips can help startups and entrepreneurs lessen the impact of economic headwinds.

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Why You Should Pay Employees to Stop Working for You | Business.com

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Learn what voluntary severance is and when you should offer it.

The past few years have been somewhat tumultuous in terms of the labor force. The pandemic led to a massive wave of layoffs, which was followed by a rapid — and somewhat chaotic — rehiring of workers. Now, as businesses face high levels of inflation, a looming recession and economic uncertainty, many employers are rethinking those recent hires and starting to make cuts again.

An obvious and common way to cut labor costs is to lay off workers. According to the Layoffs.fyi database, more than 1,000 tech companies made layoffs in 2022, resulting in more than 150,000 employees being laid off. However, layoffs aren’t business owners’ only option when it comes to reducing their workforce. One alternative is to offer voluntary severance — paying your employees to quit.

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Scaling Smarter: How Payroll Platforms Benefit Startups | The Startup Magazine

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Starting a new business can be an exciting journey where you’re bound to experience your fair share of ups and downs along the way. In this regard, one of the necessary evils startups have to deal with is finances, especially when it comes to managing payroll. The issue is, how can you even think about scaling your business when such a bottleneck is staring you right in the eyes, with each mistake having costly ramifications to boot?

That’s where payroll platforms come in. In essence, these are designed to automate the process entirely, an investment that virtually pays for itself considering how much time they save you – your most valuable asset you should rather invest in growing your business. They will help you make the deductions where necessary, generate pay stubs, and all the other tedious tasks you’d otherwise have to do manually.

In today’s post, we will explore payroll platforms from the perspective of startups, noting how they can help them overcome the setbacks they face on a daily basis.

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US border crisis: El Paso braces for worst as Title 42 deadline looms | BBC News

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A record number of migrants – more than 10,000 – were recently apprehended at the US-Mexico border in a 24-hour period, fuelling fears over what comes next when a controversial immigration policy expires this week.

Nowhere are the realities of what some have termed a border “crisis” more evident than in the Texas city of El Paso.

Here, migrants – many of them confused about the impending rule changes – have been left sleeping rough in makeshift campsites on city streets over the last several days.

Several thousand were camped out earlier this week around a single church in the city centre.

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Google I/O 2023 is a wrap — here’s a list of everything announced | TechCrunch

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On Google I/O keynote day, the search and internet advertising provider put forth a rapid-fire stream of announcements during its developer conference, including many unveilings of recent things it’s been working on.

Since we know you don’t always have time to watch a two-hour presentation, the TechCrunch team took that on and delivered story after story on new products and features. Here, we give you quick hits of the biggest news from the keynote as they were announced, all in an easy-to-digest, easy-to-skim list. Here we go:

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Americans Caught Smuggling Fruit Roll-Ups Into Israel | Entrepreneur

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On TikTok, all it takes is one viral video or trend to make a product sell out at an exponential rate.

And while this is good news for some retailers looking to make a splash, it can have an adverse effect on companies in smaller markets that quickly run out of items without being able to immediately restock.

This has been the case for Fruit Roll-Ups, the famed sweet snack that recently went viral on TikTok after users started a trend of taking a scoop of mango sorbet (or another ice cream) and placing it inside a roll-up, which quickly (and surprisingly) hardens to become crunchy.

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How to Cut Costs as a Small Business Owner | Getentrepreneurial.com

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As a small business owner, it’s important to be mindful of your spending. Cutting costs is one way to help ensure the success of your business so you can expand into a major corporation like Black Tie Moving Here are some tips on how you can cut costs as a small business owner.

Review your business expenses and cut out anything that is unnecessary

The first step to cutting unnecessary business expenses is reviewing what you’re spending your money on. Take a close look at your past invoices and compare them to your budget. Are there any areas where you’re spending more than you had planned? If so, see if there are any cheaper alternatives. For example, if you’re spending a lot on office supplies, see if you can buy in bulk or find a cheaper supplier. Once you’ve identified areas where you can save, make a plan to cut those expenses.

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Jobs report: Who’s hiring and who’s firing? | CNN Business

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All signs were pointing to a cooling labor market. Instead, the latest jobs report showed the unemployment rate fell to 3.4% in April after 253,000 jobs were added last month.

But hiring isn’t strong across the board, and is concentrated in a handful of industries.

“Employers continue to hire for in-demand skills while pulling back on non-essential headcount,” said Becky Frankiewicz, president and chief commercial officer at ManpowerGroup, a staffing agency.

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8-year-old girl unearths Stone Age dagger by her school in Norway | Live Science

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While playing outside her school in Norway, an 8-year-old girl found an unexpected treasure — not a lost ball or a discarded jump rope, but a flint dagger crafted by Stone Age people 3,700 years ago.

The student, identified only as Elise in a statement translated from Norwegian, discovered the gray-brown dagger when she was playing in a rocky area by her school in Vestland County. “I was going to pick up a piece of glass, and then the stone was there,” she said in the statement.

Elise showed the stone to her teacher, Karen Drange, who saw that the stone looked ancient. Drange contacted Vestland county council, and archaeologists from the county examined the artifact.

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