Faced with the prospect of closing up shop because of the coronavirus, some companies are retooling and pivoting to keep their doors open, and their workers employed.
NOEL KING, HOST:
Social distancing has devastated businesses that only work face to face. Think about hair salons, for example. And then that trickles down. You have the vendors who sell shampoo and conditioner to hair salons. Stacey Vanek Smith and Cardiff Garcia of our daily econ podcast The Indicator met a business owner who’s trying to adapt.
CARDIFF GARCIA, BYLINE: Entrepreneurs and business owners all over the country are in the same position. Their revenue is just gone, up in smoke. And a lot of them are desperately trying to pivot. They’re trying to get online, setting up delivery – trying anything and everything to keep some money coming in, people like Stephanie Luster, who saw things going downhill quickly…
As an entrepreneur, how often do you complete everything on your to-do list? Do you ever feel like there is too much to do in too little time? If so, you’re in the right place. I’m going to share with you, the entrepreneur, four easy productivity tips to decrease the size of your to-do list and increase your focus on the remaining critical tasks.
Having worked with brilliant and motivated people in my day job as Head of News & Media at InfoTrust, a digital analytics consultancy, I have seen the struggles of high performers. It generally comes back to too much to do, too little time.
Do, Decide, Delegate, or Delete
President Dwight D. Eisenhower, a five-star general during WWII and the 34th president of the United States knew a bit about productivity. He led one of the most productive administrations during his two terms as president, creating NASA,
One involves people; the other, finances. But both are essential to run your business effectively.
5 min read
Opinions expressed by Entrepreneur contributors are their own.
The following excerpt is from Rick Terrien’s Ageless Startup. Buy it now from Amazon | Barnes & Noble | IndieBound.
No one can start a business with absolutely no help. Whether you’ve incorporated your own team from the outset or you simply need the right advisors to help you launch, you need to know the ins and outs of building a truly supportive team.
Support teams for small enterprises are critical. Here are some professional areas in which you might want to seek extra help:
Financial and tax advice. CPA firms can help you get your books in order, set up your payroll, map out projected quarterly tax payments and assist with taxes.
Business intelligence (BI) is, in essence, new information that is not necessarily common knowledge and is sought to gain a competitive advantage over the competition. Business intelligence comes from a variety of sources, ranging from spies working for the competition to data mining. Contrary to the theme of several current articles, business intelligence is not a combination of tools, best practices, and software programs, but is the result of those tools and software programs. The same is true when using artificial intelligence (AI) to unearth BI. The tool (AI) is not business intelligence, but a source of business intelligence.
A popular form of
modern BI focuses on
offering insights about the organization itself, with the goal of streamlining
the business and thereby making it more profitable. Other forms of BI focus on
gathering information about customers or potential customers. The use of AI can
provide these types of insights quickly
You might need to give Student Finance England information about your income if your child or partner has applied for student finance that’s based on your household income.
You’ll be asked for financial details for the last full tax year previous to the start of the academic year. For example, if the student is applying for the 2019/20 academic year, the tax year will be 2017/18. Student Finance England will ask for details of the previous tax year because this is the most recent full tax year at the time applications open.
Your information will be used to work out if your child or partner can get extra Maintenance Loan on top of the Tuition Fee Loan and basic Maintenance Loan.
If your income in the current tax year is likely to be at least 15% lower than the previous tax year, Student Finance England can assess your household income