4 Ways to Turn Uncertainty into Strength for Your Business

How to find the silver lining in this situation and put your business in the best possible position. April 6, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. It’s a tough time for all of us. Beyond making my kitchen table my new “office,” I found out last week that my kids will continue homeschooling until at least May 15. We’re navigating uncharted waters both personally and professionally. But as someone who started her first business in 2008 — sitting at the aforementioned kitchen table with the same kids at home — I’d be remiss not to share the silver lining. Yes, it’s challenging, particularly as the global economy plunges, but surviving and growing as a business can be done. I’m here to prove that again. Some of you may not know that business ownership among female entrepreneurs grew dramatically during the Great Recession and afterwards. During this period (2007 […]

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The 5 Best Employee Retirement Plans – 2020 Review

Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. Studies show that retirement plans are a benefit the vast majority of employees want. In fact, 81 percent of workers say they would like it if their employer enrolled them in a 401(k) automatically. Despite this, a mere 22 percent of employers actually do so. So what accounts for the disconnect? In many cases, business owners, and especially small business owners, are intimidated by the prospect of employee retirement plans. Admittedly, retirement plans can seem complicated. They can also involve high administrative costs and various fees. If you take time to learn a little bit about employee retirement plans, however, you’ll see they’re not as overwhelming as they sound. There are also low-cost plans available. Here’s a look at some of the top employee retirement plans, along […]

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How a Tiger at the Bronx Zoo Tested Positive for COVID-19 (4/06/2020)

Joe De Sena’s morning conversation breaks down the coronavirus’s global impact. April 6, 2020 1 min read Opinions expressed by Entrepreneur contributors are their own. Every morning, Joe De Sena, CEO and founder of Spartan, connects with his worldwide network of leaders and experts to get first-person accounts of the ongoing coronavirus pandemic. These calls are happening in real time, and Entrepreneur has not independently verified the speakers’ reports. Today’s discussion included New York Governor Andrew Cuomo’s recent statement that the pandemic could be reaching a plateau in his state, the state of oil production in Saudi Arabia, and among the first animals to test positive for COVID-19 — a tiger at the Bronx Zoo who came into contact with an asymptomatic caretaker and developed a dry cough. Related: The 5:30 A.M. Warrior Call: How Are the Markets Faring Against COVID-19? (4/03/2020) Read_More Related posts: What Role Will AI Play in This Pandemic? (4/02/2020) […]

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6 Best Equipment Leasing For Your Business – 2020 Review

Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. The cost of equipment can be a staggering expense for any business, especially startups. Depending on what kind of equipment a business needs, a company might be looking at millions of dollars in investment over a period of several years. Worse, buying equipment outright can mean years or even decades of payments. By the time a business has paid off a piece of machinery or office building’s worth of printers, the equipment is likely to be outdated and in need of repair or replacement. Because few companies have the cash to buy equipment outright, many turn to equipment leasing. This is a sound financial strategy that can save a business money over time. The 6 Best Equipment Leasing Companies Equipment leasing is common across a broad range […]

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How a Sinking Ship and an Airplane Inspired Pam Jordan to Leave the Corporate World and Start Her Own Business

Be brave and take the risk, especially during a time of crisis, says the entrepreneur. April 6, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Pam Jordan, president of Pivot Business Group bookkeeping and financial executive services. It was condensed by The Oracles. What was a defining moment in your life?Pam Jordan: I metaphorically played the violin on the deck of the Titanic as my employer sank into bankruptcy. I’d worked there for over 10 years and was sold on the vision and leader. Due to bad sales contracts, the company outran its cash and had to file for bankruptcy. I worked as hard as I could to save the company, but the damage was too severe. Through that experience, I learned that loyalty and integrity matter above […]

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The 8 Best Medical Transcription Services – 2020 Review

Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. Having someone transcribe exam notes after a long day of seeing patients at your medical practice is a tough, but necessary, part of running an office. But in a small practice, finding someone on-site who can handle this job for you may not be practical, especially if you don’t know how much transcription work you will have week to week. Additionally, you may not have the budget to hire an on-site transcriptionist with experience in the medical field. The best option may very well be outsourcing your transcription needs. By using the best medical transcription services, you can save some money and gain some flexibility, all while receiving the benefit of a professional transcriptionist. The 8 Best Medical Transcription Services For your patient notes, you may consider […]

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Almost Two-Thirds of U.S. Workforce Must Work From Home, Many with Crap Internet

There’s about 10 million new or continuing WFH Americans who are trying to function with internet problems or horrible cellular signals. Thankfully, 50 percent of them are regularly disinfecting their phones. April 6, 2020 2 min read This story originally appeared on PC Mag The Coronavirus crisis hasn’t done anyone any favors, except maybe to introduce a large number of the (remaining) workforce in the United States to the wonders of remote work. Of people still with jobs, 57.1 percent are apparently are doing them at home, according to a Waveform survey conduced on March 30, 2020—about 2 weeks, give or take, into shelter-at-home orders in many states. It looks like the younger you are, the better the chance you had to start this WFH phase of your employment. Image credit: PC Mag The big question for employers is probably this: Is more or less work getting accomplished? The honesty of the […]

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The 10 Best Practice Management Software – 2020 Review

Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. When operating a medical practice, the primary focus is on helping patients feel better, enjoy their lives more, and improve their health. But to do that effectively, it takes expertise in multiple other areas. You need to be able to track appointments, stay on top of billing, manage the scheduling of employees, and stay in contact with patients. The best practice management software can help you do all of this, while saving time and effort. But if the management software for your medical practice is difficult to use, any timesaving benefits disappear. To save the sanity of employees and to allow your practice to run at the best possible efficiency, consider one of our best practice management software recommendations. The 10 Best Practice Management Software Solutions You […]

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How to Submit Your SBA PPP Loan Application and Calculate the Loan Amount

Getting a bank to take your app and tabulating the total should be your biggest concerns. April 6, 2020 9 min read Opinions expressed by Entrepreneur contributors are their own. Many small-business owners are completing their Paycheck Protection Program (PPP) loan applications and are running into common questions and roadblocks. The immediate question right now revolves around two issues: First, how do I work with my bank or find a bank to get it submitted? And second, how do I properly calculate the loan amount on the application? If you’re unfamiliar with the PPP loan and how it can be used and forgiven, please refer to my prior article here.  What if my bank still hasn’t launched its PPP application? Most large banks have yet to launch their PPP loan application, and it appears that nearly all of the large banks are planning to do this process entirely online and that initially […]

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The 8 Best Medical Billing Services – 2020 Review

Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. Operating a medical practice is a challenging process on a variety of fronts. Caring for patients’ health is the top priority, of course, but multiple other items are important. You need to schedule patients properly, schedule nursing and support staff, order supplies, manage patient records with HIPAA guidelines in mind, and create transcriptions of case file notes. Ultimately, you do all of this to make money. Caring for patients is of utmost importance, but if you cannot turn a profit, you won’t be able to properly care for patients very long. Keeping on top of your billing process is the key to keeping the profits growing and the lights on at the office. For quite a few practices, in-house billing is a serious chore. Instead, practices may […]

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This All-in-One Tool Makes Managing Social Media More Efficient

Raise your brand awareness in a fraction of the time. April 6, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. For small businesses, an efficient, lean social media marketing strategy is essential. You want to stand out online but you don’t want to expel huge amounts of time and money to do it. And with teams running leaner and meaner than ever while we navigate the impact of COVID-19, it’s important to utilize social media to connect with customers despite having limited resources. Fortunately, there are programs that can help you boost your social media marketing on a budget like Socialii. In short, it’s an all-in-one social media manager, and you can get a lifetime subscription to […]

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This Password Manager Makes Collaboration Easy for Small-Business Owners

Keep everybody aligned throughout the quarantine. April 6, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Transitioning to a fully remote workforce opens an entire host of new challenges. Perhaps you got into a good groove in week one, but now issues are popping up left and right. Like sharing passwords for example. Without being able to turn to the person next to you, sharing passwords becomes more complicated and potentially dangerous. We’ve already seen hackers take advantage of security loopholes on Zoom, and who knows where else they may be lurking. That’s exactly why it’s time to get a password manager like PassCamp. It can help your remote team share passwords safely as well as make sure […]

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The 10 Best Telemarketing Services – 2020 Review

Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. Contrary to popular belief, telemarketing is still a viable marketing strategy for businesses. The best telemarketing services offer more than just cold calling random numbers to sell something. They assist with lead generation, campaign management, and other essential services to make sure you’re generating a high ROI. Some telemarketing services even have complete call center solutions, from answering services to call forwarding and more. If you’re looking for the best telemarketing service for your business, I’ll help you find one that fits your needs. The 10 Best Telemarketing Services of 2020 There are hundreds of different telemarketing companies on the market today. Finding the best option for you can be tough if you don’t know where to start. After conducting extensive research, I’ve narrowed down the top […]

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How to Create a Facebook Business Page in 7 Steps

A Facebook Page for your business is a powerful way to connect with your customers and reach new ones. This story originally appeared on Fit Small Business A Facebook Business Page is a free opportunity for businesses to increase brand awareness and generate sales on Facebook. To create a Facebook Business Page, simply log into your personal Facebook account, click “Create a Page” from the drop-down menu, and then follow the steps to build out your business profile. While learning how to create a basic Facebook Business Page is simple, it can be a challenge to set up your page optimally and manage it on an ongoing basis. Try using Fiverr to find a freelancer who can help you develop your Facebook Business Page, create custom content to engage potential customers, and maintain your Facebook page so you can focus on running your business. Follow these 7 steps to learn how to […]

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Popular Time-Blocking or Time-Management Techniques You Can Use While Working Remotely

Just because you’re working from home doesn’t mean you should get less done. April 6, 2020 4 min read Opinions expressed by Entrepreneur contributors are their own. Adapting to remote work can be difficult, especially for those of us who have spent years commuting to the office week after week. Managing time is extremely valuable for working remotely, where distractions abound. Let’s look at some new ways you can manage your time to make the most out of your new workday: 1. Get into a new routine. You most likely used to wake up and prepare yourself to commute to work where you would spend your day in the office. Now, when you wake up you’re already at work. Establishing a routine can help you consistently set aside the time necessary to get things done. Set your alarm for the same time you always have, and add in some exercise and breakfast time […]

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Increase Sales With ‘The Dessert Pitch’

Your energy alone will help increase sales. April 5, 2020 3 min read Opinions expressed by Entrepreneur contributors are their own. A while back, the “Tall One,” aka my husband, some good friends and I went out for an “it’s-been-way-too-long” double date. As always, the best part was our conversation — which was proven hysterical because I collected at least 20 southern stares while my loud and proud NJ-self bellowed with laughter. A good night indeed. But the grand finale was the sales pitch the waiter gave for the dessert. As he shared the sugary treats, he seemed uninterested and sleepy. I thought he might lay down in the booth next to us and call it a night. But then, all of a sudden, he came to life. (It’s a miracle!) As he shared the final option, he sounded like a kid on Christmas morning with the first peek of […]

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Revealing the Secrets to Peak Professional and Personal Performance

Social entrepreneur Lian Pham biohacked her way back to health. Now, she’s passing her insights on to others. April 5, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Peak performance — it’s something just about everyone strives for. There are countless diets, books, blogs, TV shows and more dedicated to becoming your best self and operating at your highest capacity, both in business and in life. The question is, can it actually be done? While most focus on just one facet of self-care  (weight, productivity, nutrition, motivation, etc.), social entrepreneur and biohacker Lian Pham’s approach is all-inclusive and comprehensive. With her Peak Performance Pyramid, Pham — who, full disclosure, is a client of mine, but whose perspective I felt was valuable to share during these challenging times — has worked out a system of steps that include biohacking the mind, body and spirit to reach peak performance across the boards. Here’s how […]

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Why Learning a New Language Now Could Make You a More Successful Entrepreneur

And how to learn a new one fast. April 5, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. The world is flattening (figuratively) as international trade is easier than ever and more people speak English than ever. But just because doing business in English is widely possible, doesn’t mean you shouldn’t learn a new language. There are a number of reasons why entrepreneurs owe it to themselves to learn a new language. Plus, with your social calendar nonexistent for the time being and great deals on language learning software and apps popping up (like this lifetime subscription to Babbel for 60 percent off), there’s never been a better time to try it out. It rewires your brain. When […]

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Here’s the Secret to Absorbing Key Ideas from Stacks of Business Books Every Year

Save nearly half off a one-year subscription. April 5, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. It’s important for entrepreneurs to stay abreast of the trends, topics, and ideas being shared in the world of business. How else can you keep up with the evolving world around you? Of course, that also means you have to devote time to read. But with a business to run, a family to cater to, and all of your other personal obligations, it can be hard to find time to read. Fortunately, Soundview Executive Book Summaries® exists. Each year, 1,200 business books hit the bookshelf. Soundview aims to source out the truly great ones and extract the best, most compelling […]

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3 Critical Sales Touch Points to Grow Your Business

Finding qualified prospects is key to growing your business. April 4, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Too much prospect communication comes across as nagging, desperate and unprofessional. Too little prevents salespeople from laying the foundation for good relationships. Is there a middle ground? According to a new study from Accenture, 80 percent of frequent B2B buyers changed providers in a 24-month period. To avoid falling victim to heavy churn, entrepreneurs and their sales teams can’t afford to play a guessing game with prospect touchpoints. Mastering the art of communication frequency requires a careful balance, though. Not only must salespeople make prospects feel appreciated and valued, but they must also spend as much time as possible bringing in new business. Relationships are great, but when prospects with a limited budget and finicky demands ask for too much time, salespeople need to know when to let […]

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