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Monthly Archives: August 2020
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5 Skills I Learned From the Prolific Regis Philbin
by Brian T. Edmondson • • 0 Comments
His work ethic won him a Guinness World Record, and his people skills were incomparable.
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Goldman Sachs Says Investors Are Underestimating the Chance of a COVID-19 Vaccine in 2020
by Saloni Sardona • • 0 Comments
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Only 43% of businesses plan to claim £1,000 furlough bonus
by Anna Jordan • • 0 Comments
Originally written by Anna Jordan on Small Business
New figures reveal that almost half of businesses aren’t going to take up the £1,000 furlough bonus scheme.
The latest British Chamber of Commerce (BCC) Coronavirus Business Tracker was carried out around two weeks after the Chancellor’s Summer Statement, gathering responses from over 500 companies.
The intention of the scheme is to give employers confidence in retaining and hiring employees. Plans also include a subsidy to cover some of the pay for young people and grants for apprenticeships and trainees.
Even fewer businesses want to take part in these other schemes. A substantial 56 per cent of businesses said they didn’t intend on using the Kickstart scheme, a further 31 per cent hadn’t even heard of the scheme and 8 per cent want to use it but are not eligible.
Measures are insufficient in protecting jobs with almost a third of businesses expecting to cut workforces in the next three months, according to the BCC. Some firms say the coverage from the bonus scheme isn’t worthwhile as it’ll still be too costly to bring employees back.
Over half of firms (55 per cent) have reported a slight or significant decrease in their cash flow since June 2020. Another
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As predicted, Amazon passes on 2% sales tax onto small businesses
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Entrepreneurs say that Amazon has “shafted” small businesses by passing on the Government’s new 2 per cent digital sales tax.
Instead of forcing the internet giant to pay its fairer share of corporation tax, all the new digital sales tax has done is hiked up fees to sellers, “punishing small businesses in a crisis,” according to Amanda Thomson, founder of Thomson & Scott, which sells alcohol-free and sparkling wine on Amazon.
The Government launched the 2 per cent digital sales tax in April with the aim of getting internet giants to pay their fair share of tax. At the time, Amazon UK country manager Doug Gurr warned all that would happen was that his company would pass the levy onto its small business sellers, which is exactly what has happened. The same thing happened in France.
>See also: Amazon retailers could find their businesses blocked in a no-deal Brexit
Amazon has told UK small businesses using its services to sell products that it will increase its fees by 2 per cent. Some say they will have to pass on the cost to consumers.
“This self-employed group, who already pay their taxes in the UK, have become collateral damage
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How NOT to tweet like President Trump if you want to keep your account
by Nicola Ryall • • 0 Comments
Originally written by Nicola Ryall on Small Business
There’s a lot of stuff going on in the world.
And if you’ve ever been on Twitter, never will this have been more apparent. With just a click of your mouse or a touch of your phone, you can read worldwide updates, industry news and local scandals.
But which information should you be sharing on your profile? And how do you discuss major world issues or matters that affect your business, without causing controversy?
>See also: Twitter marketing in less than 15 minutes a day
Last week, the Twitter account of the son of President Trump, Donald Trump Jr, was suspended for 12 hours. This was because he breached misinformation rules after he shared a video in which politically affiliated doctors said shutdowns and masks were unnecessary and promoted the use of hydroxychloroquine to treat coronavirus. The antimalarial drug has been labelled as risky by the US Food and Drug Administration.
President Trump himself also retweeted the video, which was removed from his feed and replaced with a label from Twitter saying it was “no longer available”.
Incidents like these result in bad publicity for the person or company involved. That’s why your business needs to know what it
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How to Choose a Company Name
by Successful IBO • • 0 Comments
The name of your company defines your brand. Here’s how to make a choice that works for your business.
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5 Ways to Build Team Culture in a Remote World
by Tanner Simkins • • 0 Comments
Creating a strong company culture for teams working remotely is challenging, but necessary. Here are five tips for successfully building your team’s culture.
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How to Create Video Advertising Campaigns for the Long Run
by Benton Crane • • 0 Comments
It’s tough enough to create a funny, on-trend video, let alone one that also moves product. Here’s one marketer’s advice.
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Gaming Is More Than Entertainment
by David Meltzer • • 0 Comments
The president and COO of the gaming organization 100 Thieves talks about how brand awareness is changing as the esports community grows.