Business

It is characteristic for natural disasters to occur with little or even zero warning. Sometimes, natural disasters bear devastating effects on the economy because of the severe slow-down in operations of most, if not all, businesses. Natural disasters often injurious to businesses include extreme weather conditions, earthquakes, volcanic eruptions, tsunamis, etc. This is why business […]

The American Psychological Association (APA) reports that parents’ physical and mental health dip a year into the pandemic. Surprisingly, 82 percent of fathers expressed needing more emotional support—higher than mothers, with only 68 percent saying they needed more. Another important finding is that about 48 percent of parents said that their stresses increased due to the crisis,

During an economic crisis, people tend to cut back on purchases that are not necessary for survival. When money is tight, households will naturally prioritize buying food and other household essentials. However, not even a recession can stop people from spending a little money on acquiring small indulgences. The Lipstick Effect From the end of

The COVID-19 pandemic has been devastating to many businesses. In June this year, Vice President Kamala Harris stated that it had caused the closure of a third of small businesses in the United States. Businesses that depend on walk-ins were the most affected, including restaurants, bars, cafes, and retail shops. The Economic Tracker confirmed this

As a new entrepreneur, you are most likely eager to do whatever it takes to make your business a success. The first few months of preparation will keep you fired up, overflowing with ideas and creative thoughts before diving into the industry. While there are countless lessons about how you should run your company, not

Even if you’re not aware of it, the environment in which you work has the potential to influence your performance. A crowded, dark, and claustrophobic setting will undoubtedly reduce your productivity; whereas, a light, airy environment can improve your concentration. And as the cost of real estate in significant metropolises continues to rise, businesses are

At the start of the pandemic, many businesses had to close and lay off some of their employees. However, many businesses have also thrived because they provided the people with the necessary necessities and commodities. Some business owners had to adapt to the new normal. They had to either shut down some of their business,

The construction business is part of a big, lucrative industry the sees continuous demand no matter what happens in the global economy. This industry is linked to every other type of market as it makes it possible to open physical stores for other entrepreneurs. This kind of business can start small, catering to only minor

Many people lost their jobs. Many people are having a hard time paying their bills. Others don’t even have food on their tables. This pandemic has affected the means of living of many people around the world. Yet, these pandemic difficulties are even more aggravated by discrimination. As early as six months into the pandemic,

Aside from offering high-quality products at reasonable prices, giving back to the community is crucial for all businesses. In fact, 70% of millennials said they’d be willing to spend more on brands that give back. Considering millennials’ purchasing power is worth $2.45 trillion, businesses should indeed find ways to give back if they’re going after skyrocketing