Benay Informer 4/13/2021
Updated: Apr 14
Avoiding the bait-and-switch of small business finance
Small to medium sized business borrowers today are faced with an interesting conundrum. While the number of sources that can facilitate access to capital could shrink, the number of financial products available on the market today designed for SMBs continues to grow. SMB owners are intelligent, busy, and they often lack the time it takes to get fully educated on which products might be most appropriate for their unique needs.. Learn more
Microsoft buys Nuance Communications in $16 billion deal
Microsoft announced Monday that it will buy speech recognition company Nuance Communications for $56 per share, about 23% above its closing price Friday. The deal is worth about $16 billion and about $19 billion including debt. Nuance has a strong reputation for its voice recognition technology, and it has been considered an acquisition target for companies for several years. Learn more.
Alibaba shares jump after $2.8 billion anti-monopoly fine
Alibaba shares rose 6% in premarket trading in the U.S. after the company was fined 18.23 billion yuan ($2.8 billion) by Chinese regulators as a result of an anti-monopoly investigation. Alibaba will introduce new measures to lower the entry barriers and costs for businesses and merchants on the platform. Learn more.
How a business finance coach can help your business make money
If your business is making a profit, that is impressive. But many multiple seven-figure businesses have gone bankrupt due to a lack of profit. The financial data in your business is telling you a story and it’s up to you take that financial information and interpret the data.
Are Democrats friends with big business now?
Democrats, especially the more progressive members of Congress who made their careers bashing big business and corporate money in politics, may need to rethink their friends. Big business has become one of the most powerful forces in the country to advance social equity issues. Learn more. #democrat #politics #business #congress #socialequity #benayinformer
Making politics a part of your social impact strategy
Employees and customers alike expect the brands they love to take a stand on social and political issues that are important to them. Tech leaders have begun reimagining their social impact strategies and leveraging their products and platforms to help people engage with their local communities, vote in elections, and take action on pressing socio-political issues. Learn more.
Businesses try to navigate post-Trump politics
For more than a half-century, the voice emerging from the U.S. Chamber of Commerce’s monolithic, Beaux Arts-styled building near the White House was predictable: It was the embodiment of American business and, more specifically, a shared set of interests with the Republican Party.
Top 4 must have business management tools in 2021
Whether you’re managing an enterprise or a start-up, handling a horde of tasks at once can get tedious and burdensome. Demanding and problematic functions can be a great hindrance to the success of your enterprise. With the right business management tools, gliding through daily operations will be a much-welcomed reality. Learn More.
Ten online business managers to watch in 2021
The world of online business has been booming over the past decade, to say the least. According to Boost Media Agency, an online business manager is key if you’re serious about taking your own business to the next level. Each with their own unique areas of expertise, are the 10 online business managers to watch in 2021. Learn More. #management #businessowners #online #onlinebusiness #managers #benayinformer
The overlap between marketing and business management
To successfully market a business, one must work with management to move forward on the company’s goals. They must negotiate contracts with vendors, present advertising campaigns to the team, and broadcast campaign messaging over one or more channels. Finally, the business marketing professional must collect and analyze data to measure their success. Learn more
Pandemic assistance programs for small businesses
The passage and signing of the American Rescue Plan Act in March kicked off another round of funding for COVID relief, which includes several assistance programs for small businesses. While this is good news for struggling business owners, many either don’t apply or underestimate the amounts that they qualify for. Learn More.
Small business closures tick back to pre-COVID heights
Small business closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable. The report also found that certain demographics were getting hit harder than others: 27% of minority-led small and medium-size businesses reported closures, compared with 18% of others. Female-led businesses saw 25% closure rates, while 20% of male-led businesses closed. Learn more. #COVID19 #business #workplace #covidinbusiness #closures #pandemic #benayinformer
COVID-19 weary business owners can win with the right mindset
Many owners have been in survival mode for a year now, taking as much support as possible from government aid programs while scrambling to adapt their staffing and business model to the pandemic world. But as the smoke clears and the longer-term outlook becomes clearer, the option of selling the business and moving on is likely to be the most attractive and viable option for many owners. Learn more. #COVID19 #business #smallbusiness #company #pandemic #benayinformer
How technology will change the way business is run in 2021
New digital trends pave the way for a rise in society’s expectations, and things that seemed impossible just a decade ago are now taken for granted. Having witnessed virtual reality, enhanced 5G connectivity, and even drones integrate seamlessly into society, it begs the question of when—not if—the next breakthrough is coming. Learn more. #business #technology #businesstechnology #forbes #digitaltrend #benayinformer
5 technology challenges faced by every business owner
In the dynamic market environment, technology is regarded as the key to effective business management. However, business owners struggle with integrating this technology into their business to enjoy its benefits. As a result, instead of helping them run the business, technology becomes a problem altogether. Learn more. #business #businesstechnology #technology #IT #security #risks #managemnet #benayinformer
The impact of technology and automation in today's businesses
The last year saw unprecedented acceleration that is likely to continue. Every business owner now understands what benefits are available from process automation and advanced IT infrastructure. For the workforce, the opposite may be true as emerging technologies are making some jobs obsolete. Learn more. #technology #business #businessowner #businesstechnology #benefits #benayinformer