The term ‘working capital’ gets thrown around a lot, but what does it actually mean? Working capital measures a business’s ability to pay off its current liabilities with its current assets. It plays a large role in a company’s success and affects several aspects of a business, including funding inventory and planning for long-term growth.
You should probably have a good handle on your company’s cash flow, but do you ever wonder how your company compares with other small businesses? Intuit QuickBooks recently released a global study, the State of Small Business Cash Flow, which reveals the cash flow challenges experienced by small business owners and self-employed workers around the world. The study
Slowly but surely, the impact of the COVID-19 pandemic response on American small businesses is weakening. According to the latest results of the U.S. Census Bureau Small Business Pulse Survey, fewer businesses than ever are reporting that the pandemic creates a very negative effect on their company. Just 31.8% of small business owners surveyed by
Remote working has surged in the wake of the COVID-19 pandemic. Despite its growing prevalence, research shows less than 8% of job seekers want to work in a fully remote environment. This was the finding of a survey composed by iHire, a leading career-orientated platform. iHire’s ‘2020 State of Online Recruiting’ report found that just
Once your business is established, doing PR is a must. Most companies hire an agency to do their PR and get them interviews, media mentions, and promote company news. If you have a smaller business or have dedicated your budget to other marketing expenses, it’s understandable why you may not want to spend money on
The COVID-19 pandemic continues to rock the workplace with no end in sight, leaving business leaders to struggle with a wide variety of challenges, including keeping staff members happily engaged—and employed. To make sense of the pandemic’s impact on workers—both on their day-to-day roles, as well as their mental well-being—a forthcoming article in American Psychologist