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Opinions expressed by Entrepreneur contributors are their own. In January alone, more than 81,000 Americans were laid off, and despite signals that the job market remains strong, there are likely more to come. The fallout from these headcount changes is significant, and it often increases pressure on leaders to do more with less. Dramatic reductions…
Opinions expressed by Entrepreneur contributors are their own. The year started off with HR continuing to make headlines, as news of massive layoffs within tech and other industries have dominated headlines and discussions about the incredible capabilities of predictive AI — like those displayed by ChatGPT — have complicated the hiring process. It might seem…
When it comes to franchise marketing, the best CMOs find ways to strike a balance between protecting, growing and enhancing the brand at the national and global levels while still allowing for customization at the local level. “It’s our responsibility as a franchisor to provide tools, resources and support for our franchisees that allow them…
There are finally cracks in the previously resilient employment foundation of the economy. This is leading more investors to become bearish on the stock market. That is hard to see through the lens of the S&P 500 (SPY). However it becomes MUCH more apparent when you review these 3 charts. Read on below for the…
Bernard Arnault is back on top as the wealthiest man in the world. According to the Bloomberg billionaires index, Arnault earned $200 billion for the first time, as shares in his luxury goods company LVMH rose 30%. Arnault, 74, is only the third man ever to earn $200 billion plus. Amazon CEO Jeff Bezos was…
The law of diminishing returns is a concept of economics that every entrepreneur should understand. Also known as the law of diminishing marginal returns, this law helps entrepreneurs and economists gauge how much additional labor or capital should be invested before it becomes counterproductive. What is the law of diminishing returns? Manufacturers strive to increase…
If you are new to the business world, you may not be fully aware of what S corps and C corps are. You are not alone. Many are unfamiliar with these two basic types of corporations in America. So why are these two corporation structures relatively unknown, and how are they important for you to…
Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This idea is crucial to understand, whether on a grand scale or a small business level. Understanding net income (often called net earnings) gives you a clear picture of your…
Opinions expressed by Entrepreneur contributors are their own. Gone are the days of avoiding politics and religion at the dinner table. Today, we often wear our opinions and beliefs on our sleeves, and divisive views dominate the news. Employees are increasingly vocalizing their support or dissent for various causes and issues and expecting their places…