With all this talk about shortages we feel the economic meaning of a shortage is getting lost. Shortages are a function of prices. Specifically, a shortage means that at a given price the quantity demanded of a good exceeds the supply of the good. Further, shortages should not be confused with scarcity.
As a result of a first-of-its-kind case filed recently by the U.S. Equal Employment Opportunity Commission, employers may soon get a glimpse at the administrative body’s attitude toward the future of work-from-home arrangements.
Bookkeepers provide businesses with many basic financial services needed for compliance and long-term success. These include keeping accounting records up to date, reconciling financial statements, issuing payroll, and managing accounts receivable and accounts payable [...]
Though the issuance of a federal rule mandating that employers of 100 or more employees ensure that their workforce is vaccinated against COVID-19 or can present negative test results is still weeks away, management-side attorneys are already advising clients on what they should know about the anticipated emergency regulation.
Cash flow is critical to the success of a small business. Even more than profitability, cash flow is important because it allows companies to buy inventory, keep the lights on, and their employees paid. While small businesses continue to try and recover from the pandemic, focusing on cash flow can help a small business survive and thrive.
As businesses continue to rely on emerging technology and data to serve their customer base, they may be exposing themselves to cyber risk, which encompasses any financial loss or damage incurred from a cyberattack or breach.
The morning huddle is something I have discovered to be a powerful and yet really simple method of improving my practice. While it brings numerous benefits, its principal benefit for me is that it creates and maintains daily alignment in my firm.
There is a widespread push in many federal agencies to investigate small businesses that borrowed funds from the Small Business Authority and/or the Payroll Protection Program (PPP). Small businesses as well as their owners now need protection against governmental agencies that have turned against those small businesses they claimed they were trying to help.
Nearly half of companies surveyed find it impossible or very difficult to prevent an insider attack at its earliest stage, while less than a third believe their organizations are very or highly effective in preventing leaks of sensitive information.
Many cyber experts are all in on a concept known as “psychological security.” As defined in a recent column in Forbes, psychological security is the idea that cybersecurity issues are largely caused by behavioral or cultural habits within a company.