Are Companies Using Philanthropy for Altruistic Purposes?
Many companies give cash or in-kind donations to charities. In fact, corporate giving in 2018 increased to $20.05 billion—a 5.4% increase from 2017. (Giving USA 2019) Even small businesses contribute. According to a study by American Express and The Chronicle of Philanthropy, small companies donate an average of 6% of their profits to charity. There are…
Read More3 Best Investments to Create a Passive Income
Most young professionals dream of fantastic ways of receiving an extra income without having to actually invest ongoing efforts. While there are certain investments that will help you create a passive income, you will also need to invest minimal time for monitoring investment growth and any potential loss. Whether you are hoping to start small…
Read More5 Tips to Help Entrepreneurs Minimize Financial Stress in the New Year
If you’re like many entrepreneurs, you probably borrowed money, in one form or another, to start your business. According to the Kauffman Foundation, nearly 65 percent of entrepreneurs rely on personal and family savings for startup capital, and close to 10 percent carry balances on their personal credit cards. Now add student loans, mortgages, car…
Read MoreGamify Those Otherwise Dull Work Assignments
Most of us are driven by the competitive spirit, the desire or need to win. It reinforces self-worth, provides closure at the end of a good effort, and energizes us during the effort to achieve. Being driven to achieve results Many of us as managers—and our employees as workers—are driven by process, actions required to…
Read MoreHow Performance Reviews Can Kill Organizational Culture
I’m an unabashed fan of Shane Parrish and the Farnam Street Blog. I study everything they publish, listen to every podcast, read every article and book they reference. It is the single smartest site I have ever found, I encourage everyone to visit and learn on a regular basis. So it was interesting reading a…
Read MoreEmployee Training is Critical for Health and Safety in Fitness Centers
As is customary around this time of year, fitness centers, gyms, and other such establishments are a hot topic, with sign-ups skyrocketing following the indulgence of the festive period. However, as places open to the general public, and home to equipment which can cause serious injury if used incorrectly, these spaces can also be incredibly…
Read More12 Burning Questions to Ask Before Launching a Startup
Entrepreneurship is an essential thing we should be concerned about within this day and age—for us, our children, and grandchildren. Robots are taking over the majority of the jobs and careers many of us were brought up striving for. If you don’t have the inclination to start a business-post 2020, your financial future might be…
Read More10 Traits of Leaders Who Can Hold People Accountable
Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability. Many people hear responsibility as an obligation, but I hear it as “the ability to respond.” Unfortunately many people don’t…
Read MoreDigital Isn’t a Department
Many companies are trying to “manage” the onslaught of changes brought about by today’s digital trends by creating a department to deal with all of the new technologies, social networks, web trends, marketing automation and other aspects of this quickly changing landscape. I get it. It’s a lot to wrap your arms around. It’s comforting…
Read MoreWhat’s the Difference Between an LLC and an LLP?
There’s only one letter difference, so how different can they be? When you’re deciding how to choose the right entity for your business, there are a few important acronyms to learn and differentiate. A Limited liability Company (LLC) is a legal entity under which you operate a business. With an LLC, you pick up the ownership share…
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