• Breaking News

    Thursday, April 9, 2020

    Business Uber wants to redefine employment. More than 50 labor groups are fighting back

    Business Uber wants to redefine employment. More than 50 labor groups are fighting back


    Uber wants to redefine employment. More than 50 labor groups are fighting back

    Posted: 08 Apr 2020 03:50 PM PDT

    Logan’s Roadhouse fires employees, closes 261 locations

    Posted: 08 Apr 2020 05:22 AM PDT

    Staples refusing to pay rent on all U.S. stores, report says

    Posted: 08 Apr 2020 09:24 AM PDT

    World economy faces a $5 trillion hit, which is like losing Japan

    Posted: 08 Apr 2020 10:17 PM PDT

    The coronavirus pandemic is set to rob the global economy of more than $5 trillion of growth over the next two years, greater than the annual output of Japan.

    submitted by /u/nasirbobby
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    $70B in coronavirus rescue loans authorized. But where's the cash?

    Posted: 08 Apr 2020 08:31 AM PDT

    COVID is adding to our lack of sales, I really need help :(

    Posted: 09 Apr 2020 01:30 AM PDT

    Hey all, so I am proper out of ideas around growing this company I've been growing for the past year. I honestly have no idea what it is. Our solutions are really good, really affordable and we work with the best Vendors...I have spent money on Facebook ads, Google AdWords, been posting on social media every week and now because of COVID, I'm pushing IT infrastructure management and automation, which is also really affordable. I have no mentor, and the guy who hired me and my potential partner really doesn't have a clue. Its literally me doing everything, the admin, quotes, orders, customer queries, website and more. I do email campaigns as well. Would someone be willing to help me out by just having a look at a few of my emails and social posts and adverts? I am so broke plus we are on lockdown and I have had to take a salary cut so no money for advertising or promotions. Please let me know I'm honestly desperate.

    https://convexum.co.za/ | https://www.facebook.com/convexumsolutions | https://www.linkedin.com/company/convexum-solutions

    submitted by /u/djcurzed
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    Sen. Kelly Loeffler and her CEO husband will sell all individual stock shares after coronavirus trade furor

    Posted: 08 Apr 2020 11:55 AM PDT

    Don't get sick tho. You can't afford that shit.

    Posted: 09 Apr 2020 03:02 AM PDT

    Trump changes course, backs India's position on hydroxychloroquine

    Posted: 08 Apr 2020 10:15 PM PDT

    US President Donald Trump did a u-turn a day after suggesting retaliation against India by praising Delhi and pointed out that Prime Minister Narendra Modi was helpful as he backed India's position on Hydroxychloroquine.

    submitted by /u/nasirbobby
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    If a recession were to hit...

    Posted: 08 Apr 2020 10:07 PM PDT

    What business would you start in a recession? Like full on 1930s style depression.

    Apparently there is one heading this way fast and I know I'll lose my career over it so time to future plan, what's a good business to run or a way to make money in a recession?

    submitted by /u/PlasticAthlete
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    Amazon suspends delivery service that competes with Fedex, UPS

    Posted: 08 Apr 2020 06:12 AM PDT

    How your conversations create transactions

    Posted: 09 Apr 2020 01:31 AM PDT

    Post-Virus Crisis: Thoughts of a Strategy Consultant, Part 4

    Posted: 08 Apr 2020 11:14 PM PDT

    This time, the thought is not only about business strategy, but also life strategy. My personal opinion is that this severe crisis (and 2008 will be remembered as an easy stroll) will teach us how to diversify. Business will try not to depend on one industry or one product. Or one customer. Or from one country, as business that operates in several countries is more sustainable. Ordinary people will try to obtain additional knowledge and skills so that they do not depend on one profession or one employer. The situation when the world around us fell apart in a few weeks has convinced us that nothing in the world is strong, and it is very dangerous to invest all our efforts in one thing. Jack Trout once wrote: Differentiate or die! The slogan of 2020-2021 is Diversify or die!

    submitted by /u/sbiryulin
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    Dilemma: PPP vs. Unemployment (x-post from /r/smallbusiness)

    Posted: 08 Apr 2020 07:11 PM PDT

    I have a friend who owns a salon shuttered by Covid19. I'm helping her run some numbers, and it looks like half of her employees will actually be worse off if she takes PPP money. Is my math correct? If so, what's the best approach to dealing with this?

    She has 15 staff. The salon is completely shut down and everybody was furloughed.

    About half of her staff made $15/hour and work full-time. So she paid them $600/week. On unemployment, they now make $288/week from New York, plus $600/week in federal relief. So they are making about $288/week more on unemployment than they were while working full-time.

    The other half of her staff made higher wages. These staff are making between $200 and $300 per week less on unemployment than they were making before the salon was shuttered.

    If she uses a PPP loan to pay these folks as employees, the $15/hour employees will be worse off. But the higher wage employees will be better off. If she turns down PPP money, her lower-wage staff will be better off, but her higher-wage staff will be worse off.

    Of course, if she takes the PPP money she can use part of that for rent and utilities. So it is in her personal interest to take the PPP money - so long as she can maintain her staffing level and keep it forgivable. But what if some of the low-wage staff refuse her offer to return to her payroll? Will she lose forgiveness?

    Is anybody else seeing this same conundrum with your employees?

    submitted by /u/gpd209
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    Airbnb rolls out new features aimed at its next big bet: longer-term stays

    Posted: 08 Apr 2020 03:21 PM PDT

    Greeting and sentiments use in card making

    Posted: 09 Apr 2020 12:29 AM PDT

    How Companies Use Machine Learning

    Posted: 09 Apr 2020 03:50 AM PDT

    Fed policymakers see slow U.S. recovery

    Posted: 08 Apr 2020 09:35 PM PDT

    Siteground offering huge discounts

    Posted: 09 Apr 2020 03:18 AM PDT

    anecdotal data on Trump-backed hydroxychloroquine as COVID-19 treatment

    Posted: 08 Apr 2020 09:37 PM PDT

    Same name different brand? UK

    Posted: 08 Apr 2020 04:55 PM PDT

    Hi people! So I am starting a clothing label in the UK and I found another comoany trading under the same name. Is it still alright to have the same name as them? I am planning on selling to a completely different niche market.

    submitted by /u/martin1811
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    Who gets rich in China?

    Posted: 08 Apr 2020 02:24 PM PDT

    Since there is no intellectual property rights, I assume many entrepreneurs don't become wealthy because others just pick up their idea and make it better. Like you can't just ensure a monopoly just by creating the product and patenting it.

    With this in mind, and most businesses being able to offer the same product, what sets someone apart? What makes someone invaluable to the company, or which company owners are wealthiest if all the products are the same?

    Who gets wealthy in perfect competition?

    submitted by /u/Needcompass
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