Baby Boomer-owned small businesses can help resuscitate urban economies

For privately held businesses, there are various pathways to transition: inter-generational (if the firm is family-owned); transfer between partners; sale to management, employees or a third party; partial sale or recapitalization; and orderly liquidation. (Obviously, the last pathway is least desirable.) And in some cases, the Boomer-owned business may wish to transition by first purchasing […]

Cyberattacks: where can small businesses turn to for help?

The changing IT landscapeIn addition to building up their cybersecurity protocols, SMBs must deal with growing amounts of data to manage and an increase in the number and types of devices to support. In many cases, this increase is the result of bring-your-own-device (BYOD) initiatives, where employees may be using a wide range of technological […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

According to the organising board, the participation of quite a few exhibitors of fruits from Italy and other countries around the world is a good chance for Vietnamese enterprises, distributors and importers to learn and look for business cooperation in the context that the EU-Vietnam Free Trade Agreement (EVFTA) has been effective since August 1, […]

Black North Carolina business owners adapt to financial uncertainty amid pandemic

Morgan was making about $5,000-$7,000 per month, seeing 50 to 60 clients at her mall kiosk. But from the end of March through April, Morgan said she brought in $9,000 and performed more than 100 client repairs. Though she was spending more on travel costs driving to multiple cities — sometimes hours apart —Morgan lowered […]

‘I started a fashion business from two suitcases’

‘I was standing at the wrong end of a machine gun’ ‘Someone needs to help parents control their kids’ spending’ The gaming boss who gets addicted to the games ‘My chronic acne inspired me to start my own skincare company’ ‘I used to hate road cycling, now I design biking gear’ Her tailors are working […]

The boss who bounced her way to £3m from just £200

‘I started a fashion business from two suitcases’ ‘I was standing at the wrong end of a machine gun’ ‘Someone needs to help parents control their kids’ spending’ ‘My chronic acne inspired me to start my own skincare company’ With the business enjoying an annual turnover of £3m last year, Kimberlee now oversees a management […]

COVID-19 Impact | Seven ways the pandemic has changed how we shop for food

The Freezer Is Hot<Frozen food is another surprise breakout. Sales initially jumped by 94% in March from a year earlier, according to the American Frozen Food Institute. That initial rush abated, but even in August, sales remained up almost 18%. Costco, whose sales are up 15% over August a year ago, attributes some of the […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

Gautam Adani, the founder and chairman of Adani Group, attributes the group’s high ranking directly to Adani’s commitment to building the necessary infrastructure to play a part in a clean energy future. Over the course of the next decade, some existing business models will be affected by disruptions caused by plummeting costs of renewable energy, […]

Three ways to keep communities moving forward

As a nation, we continue to work very hard to shut down the physical effects of this virus. But as we make an effort to combat the physical effects, we can’t let our economy be shut down at the same time. The economic health of local communities during this pandemic is essential for the success […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

The granulated blast furnace slag is a by-product of the iron and steel production process using closed blast furnace technology. Due to the extremely rapid cooling with high pressure water, the granulated blast furnace slag is good for cement and concrete and has been used for a long time around the world as well as […]