4 Tips For Starting Or Reinventing A Business In Tough Times
Richmond Times-Dispatch (VA)
Think the best time to start a business is in a booming economy? Maybe. But some of the biggest business success stories in recent decades actually came from a good idea hatched during a recession. Consider these names: CNN, Uber, Airbnb and Square. There are many more.
The effects of COVID-19 are forcing existing businesses to reinvent themselves, and some of today s most significant business obstacles will spark new startups offering innovative solutions. With the pandemic quickly shifting consumer behavior, more than $3 trillion is expected to be lost or moved to the businesses best prepared to exploit the possibilities, according to a November 2020 Accenture analysis.
The IRS has estimated the first direct deposits may start hitting bank accounts the week of March 22, and paper checks may be sent out the week of March 29, which would be in line with the schedule of the prior relief checks.
John Hancock Retirement Debuts Plan Design Analysis Dashboard
PR Newswire
John Hancock Retirement announced today the availability of a new plan design analysis dashboard which enables an in-depth review of a plan s retirement readiness across several key metrics and identifies opportunities to improve participant outcomes.
The new dashboard analyzes a plan s data to visualize and quantify how different sponsor match structures and contribution scenarios impact both projected participant replacement ratios and the sponsors costs associated with those scenarios. Plan design is complex, and it impacts both the sponsor and the participant directly, said Lynda Abend, chief data officer, John Hancock Retirement. Sponsors need to not only understand how a plan design change could help participants prepare for retirement, but also how those changes can impact their business. Translating data into tangible information helps facilitate the decision-making discussion. These dashboard
Tactile Mobility Appoints Tech Veteran Shahar Bin-Nun as Chief Executive Officer
PR Newswire
HAIFA, Israel,
March 15, 2021 /PRNewswire/ Tactile Mobility – the leading tactile data and virtual sensing technology company for the automotive industry, municipalities and road authorities, insurance industry and more, today announced the appointment of
Shahar Bin-Nun as Chief Executive Officer (CEO). With over 20 years of global sales, marketing and business development experience, Bin-Nun brings a wealth of expertise to Tactile Mobility s rapid growth strategy. Shahar s experience at leading-software technology companies makes him an invaluable addition to the Tactile Mobility team, and we re excited to welcome him aboard, said
Spectrem Study: Household Wealth Hit Record Levels In 2020
EIN Presswire
Wealthy Americans made strong financial gains after the pandemic market crash in 2020.
The number of wealthy American households reached a new record high in 2020 according to Spectrem Group’s newly released Market Insights Report 2021.
The study reveals that U.S. Millionaire investors - households with $1 million to $5 million in net worth, not including the value of their primary residence (NIPR) – increased by 600,000 to 11.6 million in 2020, a 5.5 percent increase over the previous year.
Similar increases were reported across other wealth segments profiled in the report, which analyzes changes in the number of wealthy American households based on net worth, from the Mass Affluent ($100,000 as the minimum) to the $25 million-plus segment. Other key findings include: