Eighteen months after the global pandemic changed the commercial landscape and rendered many businesses inoperative, there is a glimmer of hope with the massive administration of COVID vaccines. Noticeably, there has been a lot of changes in the months leading to this point.
Before the global pandemic swept through and halted operations of businesses the world over, we were all dealing with a different kind of pandemic. However, global warming as a result of the ozone layer depletion is a menace that, if unchecked, will wreak havoc on a larger scale. Which is why the SEC is looking into potential new rules for ESG compliance.
Managing your administrative and operational costs may be one of the best decisions you should make this year as a business owner. Why? While the commercial landscape is slowly picking up from the wake of the pandemic last year, it has presented much uncertainty regarding managing top talents in your firm. As an employer you could potentially be experiencing a volatile jobs market.
A lot of business owners will remember the year 2020 for the way it transformed business operations. It was tough for businesses to introduce a new product or service to the market – as governments initiated lockdown protocols. Fortunately, 2021 has proven to be an impressive year for commercial industries as major establishments have hit the ground running. To help the businesses the federal government created tax credits and programs such as the Employee Retention Credit (ERC).
For the past 18 months the global pandemic has been the dominant storyline for headlines across the world. Because of this many are rethinking how we approach healthcare as a society. It is not so difficult to make the deductions from this emerging trend. The global pandemic raised the expenditure for drugs in the US to $358.7 billion, surpassing every other country’s expenses. Because of this typical healthcare plans will change.
Halfway into the new year, the after-effect of last year’s pandemic lingers. We remember how it brutally rearranged the economic and corporate landscape of businesses across the world. Business summits, product launches, and everything in between was placed on hold while everyone remained indoors due to lockdown protocols.
One of the major concerns we are trying to tackle is rising drug prices. Again we are seeing during the global pandemic healthcare takes center stage. As a result, while these hikes in drug costs are relatively unexpected, one can easily predict that healthcare is not cheap.
Did you know you're overpaying for some of your business expenses by about 18%? You are not alone: most businesses are unaware that they are overpaying vendors and service providers. We didn't make that statistic up either. When we audit our clients' expenses and identify areas for savings, we save them 18% on average. That is a substantial sum of money. We created this guide because we frequently encounter business owners who are unaware they are overpaying for the cost of doing business and don't know where to begin. Below you will find information on why you should hire an
Environmental, Social, and Corporate Governance (ESG) criteria are an essential requirement for every business in 2021 as world deals with a different kind of pandemic. The CO2 emission kind. Which is why focusing on ESG reporting can be an important business decision.
Climate change is a problem we are constantly faced with. With regulatory bodies across the world now swinging into action to curb the dangers of carbon emission, it has now become a collective duty to protect the planet. Businesses and corporations were previously indifferent on the matter. But with the increasing awareness of the potential and already apparent environmental impacts of carbon emission has entered the public discourse. Considering the public interest in the matter corporations can now use carbon reduction to both help the planet and increase valuations.