This strain is forcing high energy costs on European companies which in turn will inevitably affect imports from Europe and the companies buying them as prices soar to accommodate energy costs. What could this mean for business owners enmeshed in globalization? Well, if you’re importing from Europe or doing business with anyone in the EU, expect higher trade prices as European companies are attempting to offset the cost of rising energy, especially if Russia puts embargos on their oil.
Read MoreSo what can your business do to ensure the safety of your employees, patrons, and yourself?
Purchase PPE (personal protective equipment) for the employees you have working for your establishment. Items like gloves, masks, hand sanitizer, and ample amounts of antibacterial hand soap should be readily available for your entire workforce. Your employees require their jobs but also require their employers to care about their safety…
The average loan for women is an average of $5,000 less than men receive for their startup businesses, despite our long-term successes so, where do we find the money?
Read MoreIf your contracts and policy manuals have not been updated, move it to the top right along with your fiscal year planning. If you are one of those companies where planning was done last year or years before for this new decade, congratulations, we are trying to keep up with you, but if you have not yet put those goals and ideas down on paper and discussed them with your department heads (which could be you and all your many hats) then let's get the ball moving.
Read MoreIt's true that the world is in need of repair. Could Dr. King be proud of the state of our world? We think that he would be tremendously pleased to see the rapid rate at which the truth and information spread. We think he would be delighted to see how hard organizers and youth around the world are fighting for the tomorrow he-too believed in. We think he would be elated to know how the world is changing - that we have a deeper awareness of the ties that bind us, the things that divide us and that we are working to break them.
Read MoreThe impeachment process for Donald J. Trump began on September 24th of 2019. Today - January 23rd - we’re just getting into the Trial portion of impeachment. Among the discoveries in American households when impeachment began was that it doesn’t *actually* mean an automatic unseating of the president. In-fact, in the other rare circumstances of Presidential impeachment, the President has been acquitted.
Read MoreThis new law means for employees seeking to earn a fair wage in proportion to their worth and earning potential - they'll earn what they're worth - not just a few dollars up from their last role. Many employees, namely women, are held down under what is commonly known as the "wage gap".
Read MoreCulture is very important in business and has an impact on the strategic direction of business. Culture influences management, decisions and all business functions from accounting to production. Don’t just think in terms of the national culture but also in business think of meetings, negotiation, formalities, social media use, internships and work placements hierarchy.
Read MoreIn order to decrease fears of US litigation, or any long drawn out litigation, for that matter, NAFTA has "dispute resolution panels." These panels look at whether or not the NAFTA countries participant is being treated fairly. Under President Trump, the US has claimed that "US court's sovereignty is eroded." He would do away with the panel altogether. Canada and Mexico want to keep them of course.
Read MoreThe Sanctions, under President Obama, the first U.S. President to visit since the embargo, authorized specific licenses for travel conditions and other transactions directly related to attendance or professional meetings in Cuba. This did not change the sanctions, but simply softened them. With a change of policy came diplomatic travel which included increase in tourist industries; with U.S. businesses going in and Cuban entrepreneurs opening up their homes for restaurants and cars for joyrides.
Read MoreThe main contributor to the Chinese GDP is manufacturing. “Made in China” used to mean “low-cost labor stuff.” China has now transformed itself and although fewer products may be made in China, they are still within the region and Chinese products will be slightly more expensive.
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