Financial New for Everyone
By Sandra Hayes American small businesses are facing unprecedented challenges to their survival. This economy is at its worst state in over 70 years, with some families facing losses similar to what happened during the Great Depression. Everything changed in March 2020. With most state governments restricting business access because of the COVID-19 outbreak, unemployment numbers surged to …
By Sandra Hayes Whether you’re a sole proprietor, LLC, or corporation, April is tax month. Although you can file for an extension, the U.S. government isn’t changing the deadline this year. You’ll need to have everything ready to go for your business by April 15. If you operate on a different fiscal year, the IRS needs you to …
By Sandra Hayes As businesses underwent their digital transformations to survive in 2020, one of the emerging tools that became quite popular was Zoom. Although Zoom was already available, its meeting software with multiple windows made it much easier to collaborate, communicate, and manage business functions. Entrepreneurs are still using this technology for everything from teaching martial arts …
By Sandra Hayes Most companies find themselves dealing with departmental silos. These team-based or individualized preferences to stay in a bubble wreak havoc with communication and productivity. If that disconnect affects revenue, it can be impossible to scale a business appropriately. That’s why revenue operations is the fastest-growing job within the Software as a Service (SaaS) industry. It …
By Sandra Hayes After Congress passed the CARES Act in 2020 to respond to the COVID-19 crisis, eligible people received a $600 bonus to their unemployment benefits. If you qualified to apply for this resource, the federal government supplied another $600 on top of whatever you received locally. The benefits from the CARES Act applied to all 50 …
By Sandra Hayes Although it can seem like a cost-saving measure to avoid hiring an attorney or keeping one on retainer, the benefits of this investment typically outweigh not having it. Having a retainer ensures that you can work out an advantageous legal strategy with your attorney. That effort increases the chance you’ll prevail during litigation. Your lawyer …
By Sandra Hayes Some businesses don’t seem to have any morality infused into their infrastructure. They say, do, and create whatever is necessary to achieve profitability. When you look at companies like Volkswagen and Wells Fargo, it doesn’t take long to see that poor ethics might create short-term gains and long-term losses. If you want to achieve more …
By Sandra Hayes After the coronavirus lockdowns of 2020 that spared essential businesses only, global economies tumbled by 10% to 30% – and sometimes more. The U.S. experienced a 31.4% reduction in GDP from the year before. That information translates to an expected 4% GDP decrease worldwide. It’s one of the steepest declines on record. The Trump Administration …
By Sandra Hayes COVID-19 caused all of 2020’s predictions to get turned upside-down. What the world thought were safe growth sectors are now struggling to survive. That doesn’t mean investment opportunities dried up entirely. You’ll find several excellent prospects out there that can help your wealth grow in 2021 and beyond. 1. Grocery Foods Food producers hesitated when …
By Sandra Hayes The Motley Fool is a private investing and financial advice company. It was founded by the Gardner brothers, Tom and David, in 1993 with Erik Rydholm. The group provides online subscription services for stock research and analysis with some wealth management recommendations. Tom Gardner continues to serve as the CEO of The Motley Fool. He …