Recycling business opportunities

Share to Twitter Share to Linkedin Boyan Ivanov is the cofounder and Chief Executive Officer at StorPool‬ since November 2011. An economic downturn can be a difficult time for any company. During a downturn, consumers tend to spend less money, resulting in downward pressure on prices, sales cycles getting longer and fiercer competition. All these developments can lead to a decrease in revenue and profitability as well as a higher risk of going out of business for many companies. However, with the right strategies in place, a company cannot only survive but flourish during such a period. Here are 10 tips that can help a company stay afloat and come out stronger on the other side. 1. Optimize your operations and P&L. One of the first things a company should do during an economic downturn is to take a hard look at its income statement and consider optimizing its operations. This can include reducing some expenses or freezing business lines … [Read more...] about Navigating Economic Turbulence: 10 Strategies For Business Success In A Downturn

Share to Twitter Share to Linkedin Cofounder and CEO of Nylas . The past year has been full of business challenges, layoffs and budget cuts as we may be heading into a recession. While companies continue to think about the ways they can cut costs, business leaders have an opportunity to dive deep into their business and operations and identify the root causes that lead to inefficiencies and overspending. Often, business leaders focus only on where and how they can cut costs. But the problem with that strategy is that it’s solely a quick fix to a larger problem. In order to cut costs in a meaningful way that can have a long-term positive impact, leaders must look at three core problems impacting their workforce: context switching, disparate data and accumulated technical debt. While there are many ways to fix those three areas based on legacy systems, another way to explore solving them is by using APIs to enhance the developer experience. … [Read more...] about Three Core Operational Inefficiencies Impacting Businesses

Share to Twitter Share to Linkedin From the southwest corner of Nigeria, a pioneering social enterprise called Durian is lifting rural women out of poverty to become economically self-sufficient and confident of their value in building a more sustainable world. Training women to turn local waste into sustainable livelihoods is breaking through cultural norms that have historically relegated Nigerian women to powerless second-class citizens. In doing so, Durian is building a vibrant circular economy with measurable results for thousands of women, as well as their families and entire communities. Economic independence sustains communities Located in Imafon, a rural community in Ondo state, Nigeria, Durian operates training sites and crop and livestock farms where women produce food, learn how to make crafts and furniture from bamboo and wood, turn fabric waste into fashions, create skin care items from cocoa pod husks, and process food from cassava … [Read more...] about Sustainable Business Innovation From Rural Women In Nigeria

Share to Twitter Share to Linkedin The cannabis industry - both domestic and international in scope, and comprised of two substantial subsectors: marijuana and hemp - started last year off strong. Namely, with a splash of high-profile M&A activity in January and February. There was tremendous promise for growing the market. As we entered second quarter of 2022, the hope for a fruitful Q2 faded. By Q3, it was full-fledged retreat, with many of the industry investment conferences refusing to even consider seminar presentations or panels regarding workouts, receiverships or other proactive measures designed to protect or mitigate the poor economic conditions surrounding the industry and many of its operators. There was a concerted effort to “keep it positive” after the industry had been called “recession proof” and designated as an “essential business,” while enjoying record high sales numbers and revenues. Things were good — until reality set in. I … [Read more...] about 2022 Cannabis In Review And 2023 Opportunity Outlook

Share to Twitter Share to Linkedin For over a decade, reality television star Lisa Vanderpump has brought a memorable sense of elegance and style into our homes. From her nine seasons on Bravo’s The Real Housewives of Beverly Hills to her ongoing reign with Vanderpump Rules , Lisa has effectively utilized her notoriety to now be able to create the projects that matter most to her today. “I’ve got to a stage in my life where everything has to be a passion project,” Lisa, 62, tells me over tea at her vibrant “Villa Rosa” home in Beverly Hills. “I’ve done so many different things that now I find that I am motivated by something that excites me. I love design. My design partner [ Nick Alain ] is here now. We have two new big projects coming up. We’re designing two new restaurants that have a deadline and nothing is as motivating as a deadline. I’ve just opened Paris Casino in Las Vegas, which we presented to them and they fell in love with our visuals. … [Read more...] about Lisa Vanderpump On Being Her Own Boss, Reality Television Today And Her Expanding Business World

Share to Twitter Share to Linkedin Andrew Scivally, CEO, ELB Learning - helping organizations create better learning experiences for their employees and customers. Acquisitions can be a powerful way for a company to grow. In fact, all kinds of acquisition records were broken in 2021. And there is a good reason for that. Purchasing another business gives you new resources, opportunities and ideas. You can work with a new team of talented experts to expand to a whole new client base, refresh your brand and show forward momentum. Clearly, there are many reasons to pursue acquisitions, particularly when you find a company that compliments your own company’s strengths. Unfortunately, even with all of the benefits of acquiring a business, the Harvard Business Review reported that between 70% and 90% (registration required) of acquisitions were failures in 2011. There are a variety of complicated reasons for this fact, but I think many of the … [Read more...] about Four Key Indicators To Look For When Acquiring Companies

Share to Twitter Share to Linkedin Matt Herman is the CEO of Enhance Health . Recruiting and retaining great employees is an ongoing challenge for employers that has only been amplified by the pandemic. Nearly 47 million Americans voluntarily left their jobs in 2022, and the Great Resignation isn’t over. Analysis from Gartner found that employee annual voluntary turnover is likely to increase by 20%, starting in 2022 and continuing in the years to come. Employee retention is a top priority for many employers—but what can you do specifically to hire and keep valuable employees? I believe you must create a work environment that emphasizes learning, development and culture. “Having opportunities to learn and grow” is the most important factor in what defines an exceptional work environment, according to research in LinkedIn's 2022 Workplace Learning Report . Employees who give their culture a high rating are 25% more likely to be happy at … [Read more...] about Three Surprising Keys To Employee Retention

Share to Twitter Share to Linkedin Joe Oprosko is President and CEO of Veridocs , which offers ID authentication, watch list management, and watchlist monitoring technologies. You know your customer is who they say they are today. But how will you know they are still who they say they are tomorrow? As CEO of a company providing watchlist management, my experience has proven that being able to monitor your watchlists automatically can help keep you in compliance and provide better customer service. External Watchlists Reduce Risk If you’re in a business that requires checking IDs, knowing your customer is as important as having customers. Checking an individual’s ID document against external government watchlists is a standard procedure for regulated industries like financial institutions and casino gaming—screening improves regulatory compliance, which helps avoid costly fines. Other industries, such as hotels and data centers, may find … [Read more...] about Automated Watchlist Monitoring For Continued Compliance

Share to Twitter Share to Linkedin As any sourdough bread enthusiast can attest, beneficial microbes live all around us. Estimates suggest the Earth harbors as many as a trillion microbial species. Many make our lives better, enabling us to do everything from fermenting foods to synthesizing human insulin. Those possibilities attracted the attention of Tara Karimi, an academic researcher specializing in biologically inspired technologies. Her brother, Moji Karimi, worked with a company that wanted to sequence the DNA of microbes living in oil and gas wells. Both Karimi siblings were passionate about sustainability; when their professional lives intersected, they started thinking about ways their knowledge of science and technology might help reverse climate change. Ultimately, their collaboration led to Cemvita Factory, a biotech startup they founded in 2017. Today, their focus is to bring biotechnology to the energy transition with applications such as … [Read more...] about How Oil-Eating Microbes Could Revolutionize The Energy Transition [Video]

Share to Twitter Share to Linkedin Topline Pressure is mounting from Republicans and some Democrats in Congress to pass a national ban on TikTok, the social video app owned by Chinese company ByteDance which has already been banned on federal devices and some college campuses over privacy concerns. Key Facts TikTok has faced calls for bans from critics who fear China may use the platform to access the data of American users. Criticisms of the social platform intensified in the fall after reports revealed ByteDance repeatedly accessed U.S. user data and planned to use TikTok to track the location of specific American citizens ( including Forbes journalists ). ByteDance previously denied it had used TikTok to “target” journalists or public figures, but after an internal investigation revealed employees tracked journalists covering the company, it fired its chief internal auditor who led the team orchestrating the surveillance. … [Read more...] about Will TikTok Be Banned From The U.S.? Here’s Where It Stands.