Business – Page 29 – The Veteran-Owned Business Blog

5 Skills Every Small Business Owner Must Master to Run a Successful Business

Entrepreneurship is one of the toughest trades. Whether you’re a long-time business owner or someone just starting out, there are certain skills you want to master to have the most success possible. While you may have an innovative business idea, without the proper skills, executing it successfully can be extremely challenging. Every successful business has aContinueContinue reading “5 Skills Every Small Business Owner Must Master to Run a Successful Business “

Proposed Changes in Overtime Rules and What to Do About Them

If certain employees work more than 40 hours in a workweek, they must be paid time and a half. This requirement can’t be avoided in most cases by giving workers comp time. The thresholds for determining whether certain employees are subject to this overtime rule was last changed in 2019. Now, the DOL has proposedContinueContinue reading “Proposed Changes in Overtime Rules and What to Do About Them”

What Measures Should Businesses Take to Prevent Insider Data Breaches?

Companies often look at external threats to their assets. However, data breaches sometimes occur from the inside. For example, a disgruntled former employee gains access to sensitive files. A dishonest current worker chooses to use personal details for their own gain. How can companies keep proprietary information and customer data confidential from those who workContinueContinue reading “What Measures Should Businesses Take to Prevent Insider Data Breaches?”

Hybrid Work: Shaping Real Estate Trends in the US in 2023

Hybrid work has become a hot topic, so let’s consider what it’s all about. So, what is it? In simple terms, hybrid work refers to a working model that combines remote and in-person office settings. It’s like having the best of both worlds. The COVID-19 pandemic significantly popularized this trend as companies quickly adapted toContinueContinue reading “Hybrid Work: Shaping Real Estate Trends in the US in 2023”

McKinsey’s Three Horizons of Growth

Organizations undergo different phases of development. Some reach maturity and then decline over time, whereas others just fade away in the startup phase. A few businesses, however, evade collapse and maintain growth for years. They keep surprising their customers with novel product or service offerings. They accomplish this by allocating dedicated resources, investment, time, andContinueContinue reading “McKinsey’s Three Horizons of Growth”