Challenges Small Business Owners in U.S are Facing Due to COVID
Three of the biggest fears, challenges or frustrations that small business owners in the United States have around adapting their business due to COVID include ensuring employees are able to work remotely, accommodating clients/customers through digital solutions, and shifting to business/operation models that they are not prepared for or accustomed to. Table of Contents 1….
Glenn TrevorCorporate Hiring Trends Centered Around Hiring U.S. Nationals or Foreign Citizens
The primary corporate hiring trends centered around hiring either US nationals or foreign citizens include dropping degree requirements and leveraging artificial intelligence. 1. Dropping Degree Requirements Several top corporations in the United States are dropping a long time preference — the college degree, in hiring skilled workers. The trend towards dropping degree requirements gets approval from labor market…
The Best Resources For Small Business Owners to Grow Their Financial Education
MyMoney.gov, 360 Degrees of Financial Literacy, EVERFI’s Small Business Education, the Business Literacy Institute, and Operation HOPE are five examples of resources that small business owners can use to grow in their financial education. Equally, cash flow management and budgeting are some examples of pain points for small business owners when it comes to dealing with finances. PAIN…
How an Improved Business Environment Positively Impacts your Business
Improved business environment due to higher competition has an impact on innovation and revenue, customer service and revenue, and the bottom line. A detailed coverage of the insights is presented below. Also, read the importance of supplier diversity in every business. Table of Contents 1. Impact on Innovation and Revenue 2. Impact on Customer Service and Revenue…
Best Practices to Get Users to Complete a Survey
Email surveys have an average survey response rate of 30%, and online surveys have a response rate of 29%. Below is a comprehensive report on some of the best practices employed to complete an email/online survey. Additionally, research has shown that incentives can increase your survey response rate by 10 to 15%. Insights on how incentives affect survey…
Case Studies & Best Practices: Financial Advice for Vulnerable Groups
Table of Contents Case Studies: Financial Advice for Vulnerable Groups Liverpool Victoria: Vulnerable Customer Champions Scottish Widows: Trusted Friend Protocol Best Practices: Financial Advice for Vulnerable Groups Skill, Care, and Diligence of Frontline Staff Leverage Proven Tools and Resources Case Studies: Financial Advice for Vulnerable Groups This research presents case studies on how organizations in…
Most Common Survey Biases and How To Avoid Them
Among the most commonsurvey biases are sampling bias, order bias, acquiescence bias, social desirability bias, and demand characteristics bias. For each type of bias, a selection of methods to reduce or avoid the bias has been provided. Table of Contents Sampling Bias Avoiding Sampling Bias Order Bias Avoiding Order Bias Acquiescence Bias Avoiding Acquiescence Bias Social Desirability…
Impact of Mental Health Issues on Personal Finances
People with poor mental health often engage in either manic spending, comfort spending, social value spending, or nihilistic spend, leading to them amassing sizable debt. Consequently, many of them are unwilling or unable to seek financial assistance/advice as they see their struggles as a personal failure. We have provided for you other high-level overview reports…
Impact of English Language Skills on Personal Finances
People with low English proficiency in the U.K. and around the world usually possess low financial capabilities. They typically find it challenging to understand financial messages that are being communicated to them. Government entities are also finding it challenging to relay COVID-19-related information and services that are available to those who are not proficient in English….
B2B Megatrends (U.S, India, China, Germany)
Table of Contents B2B MEGATRENDS – US 1. Big Data 2. Robotic Process Automation B2B MEGATRENDS – INDIA 1. Artificial Intelligence 2. Internet of Things B2B MEGATRENDS – CHINA 1. Blockchain 2. 5G B2B MEGATRENDS – GERMANY 1. Robotics 2. IoT & AI B2B MEGATRENDS – US 1. Big Data Big data is one of…