For most business owners, there simply aren’t enough hours in the day to get everything done. Time goes by quickly as the clock ticks away, leaving well-intentioned entrepreneurs pushing important tasks off to future dates. Add in the challenging economic... (Continue reading)
When business is slow and consumer spending decreases, solidarity between entrepreneurs can help drive sales and possibly cut down on marketing costs.... (Continue reading)
On Sept. 15, 2008, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection. It was also one year ago today that changed Wall Street, my street, and your street. Lehman’s shares cratered, falling 90%, and the broader market tumbled... (Continue reading)
Face of the Uninsured The United States spends more than any other nation in the world on healthcare—more than $2.2 trillion each year—almost $8,000 per person. Despite increases in spending, disparities among race and ethnic groups continue. Roughly 46 million people... (Continue reading)
By the time Doni Pitchford told anyone what she had done, it was too late. “The store was already built. There was no turning back,” she says. Owner and operator of a Jamaica, New York-based Subway franchise, Pitchford took the... (Continue reading)
There’s no doubt the economic downturn is sparking a lot of anxiety as people worry about financial woes and job loss. But anxiety is nothing more than nervous energy, which can be channeled into actions that can improve your standard... (Continue reading)
Each month, the American public has met the U.S. Labor Department’s unemployment reports with a great deal of apprehension. And with good reason: Since the recession began in December 2007, nearly 6 million Americans have received pink slips. So you... (Continue reading)
Kenneth Holley cringed last winter every time he heard someone on the television news compare the current U.S. recession to the Great Depression of the 1930s. “They went too far,” says Holley. “Unemployment was 25% during the Depression, and there... (Continue reading)
Massive cuts and layoffs continue but as companies restructure, opportunities for job seekers will increase. Do you have what these organizations are looking for?... (Continue reading)
For entrepreneurs whose businesses are less than eight years old, this is the first time they’ve operated in a recession since the previous one took place in 2001. But for business owners who’ve experienced other downturns, there’s a sense of... (Continue reading)