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America’s top financial regulator issued climate disclosure rules that are more burdensome for smaller companies than large companies, according to the agency’s own analysis. While the rules would cost large corporations $640,000 at first and $530,000 in subsequent years, they would cost smaller publicly-traded companies $490,000 initially and $420,000 in following years, the Securities and Exchange Commission (SEC) said in its proposal. The regulator’s analysis suggests that smaller companies would feel a relatively larger financial burden as a result of the proposed disclosure rules. “This climate rule making is unlike anything I’ve seen in my 25-year career in securities law, in the breadth and scope of the proposals,” David Lynn, a partner at the law firm Morrison & Foerster and a former SEC official, told The Wall Street Journal on Tuesday. “It is standing up a whole new disclosure regime.” The Democratic-majority SEC proposed a series of climate disclosure … [Read more...] about Big Business Wins Again: Biden Climate Rules Will Hurt Small Companies Most

Share to Twitter Share to Linkedin Although it is known as the home to some of the country’s biggest and most successful corporations (Amazon, Cisco, eBay, PayPal, Adobe and others), San Jose is the “Best Small Business City in America,” based on average annual revenues in 2021, credit scores, age of business, and Biz2Credit’s proprietary BizAnalyzer score. It’s the second year in a row that San Jose has come out on top in Biz2Credit’s annual ranking. Biz2Credit factors in the local business climate, including rents, labor costs and local tax rates in examining the financials of over 82,000 companies that applied for small business loans in 2021, including companies that applied for PPP loans. According to Biz2Credit’s new study, the Top 10 Best Small Business Cities in 2021 were: San Jose, Baltimore, New York, Boston, San Francisco, Los Angeles, Washington, D.C., Portland, OR, Providence, RI and Denver. With Silicon Valley thriving , it is no … [Read more...] about Silicon Valley Is Not Just For Corporate Giants; San Jose Is The Top City For Small Businesses

Share to Twitter Share to Linkedin Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 - Virtual real estate reaches new limits with the addition of major corporations. Admix—a virtual reality platform—has been very prevalent in the metaverse and is currently working with McDonalds, Pepsi, and other large corporations on buying and selling virtual real estate. The virtual real estate market is much like the real world, using cryptocurrency as their main monetary source. Admix has bought in between $200,000 and $1,000,000 worth of real estate in this virtual platform and urges others to take advantage of this new enterprise. The company believes that this is the new age of capitalism and a very savvy way for companies to integrate their business into our digital world. (Source: Fast Company ) Why this is important for your business: I tell oftentimes incredulous audiences made … [Read more...] about McDonalds, Pepsi, And Other Large Brands Are Buying Real Estate On The Metaverse …And Other Small Business Tech News This Week

Share to Twitter Share to Linkedin CEO of DKBinnovative , a leading managed IT services firm that offers secure, reliable solutions to small and medium businesses globally. A war is happening silently in the background on our computers, cell phones and bright devices. Bytes of information are moved from device to device and deal devastating damage to government infrastructure, business informational security and individual access to information. The Cybersecurity & Infrastructure Security Agency (CISA) has urged American businesses and individuals to focus on cyber resilience . The CISA and every MSSP encourage American companies to create a plan to respond to disruptive cyber threats. Here are just a few things companies should be aware of when it comes to cybersecurity: Bytes can injure a company and then destroy those who are dependent on them. Infrastructure has been hit in the past and caused problems for the American … [Read more...] about The War On Bytes: Companies Must Understand The Realities Of Cyberattacks

Share to Twitter Share to Linkedin Co-founder of Cloud Paper , a company leading the drive toward the end of deforestation by providing tree-free paper alternatives. This year’s Earth Day theme was “Investing in our Planet,” so it comes as no surprise that environmental, social and governance (ESG) investments are at the forefront of conversation for businesses and consumers alike, and will continue to be this year and beyond. Since the 1990s, we’ve seen sustainability grow in importance to both consumers and investors. Studies continue to show that public environmental concerns are steadily increasing. Meanwhile, social and governance concerns have slowly risen over the years but seem to have shot up recently and are yet to come down. In fact, if you look at the components contributing to S&P 500 market value , tangible assets make up a smaller and smaller piece, while ESG is becoming ever more important. In 1975, tangible assets made … [Read more...] about 4 Ways Companies Can Build Their ESG And Invest In Our Planet All Year Round

Share to Twitter Share to Linkedin CEO & Founder of Triton Commerce , passionate about equipping businesses with innovative, digital marketing solutions for optimal growth. There's nothing quite like the rush of excitement after launching your new website. This time you know you've done it right. It features clean designs, best SEO practices are in place, content marketing is on a roll and prospective clients have been clicking on calls to action and filling out forms. However, you might find yourself wondering, “What else can I do?” Having a high-performing website is the pinnacle of any digital content strategy. Now that you've accomplished that, it's time to consider how you can improve your online presence beyond your website. Get creative in building your overall web presence. There is no shortage of opportunities when it comes to enhancing your online reputation. However, it can be challenging to create a comprehensive … [Read more...] about How To Improve Your Company’s Online Presence Outside Of Your Website

Share to Twitter Share to Linkedin The holiday shopping season is a critical time for most retailers. In fact, Black Friday, the day after Thanksgiving that is generally regarded as the first day of the holiday shopping season, got its name because it traditionally begins the period when stores go from being “in the red” and “into the black” (profitability). Just how important is the holiday season to retailers? Although it varies by industry, some retailers are more dependent on fourth quarter sales than others. For instance, toy stores and jewelers stores typically generate more than one-third of their annual sales (35%) during the fourth quarter of the year, according to U.S. Census Bureau data. Other retailers whose success hinges on a profitable fourth quarter include department stores, electronics stores, and clothing stores. While Christmas shopping seems like a long way off, small businesses must prepare for it now. Holiday season marketing takes … [Read more...] about Tips For Small Businesses To Finance Their Holiday Marketing And Inventory Now

Share to Twitter Share to Linkedin CEO of AllenComm since 2003. Are you making use of cross-skilling to create agility within your organization? Cross-skilling lies at the intersection of upskilling and reskilling processes. It is a training strategy that creates fluid, dynamic teams by training employees with the skills to perform tasks adjacent to those needed to function within their role through use of a jobs task analysis. It develops the capability and flexibility of employees, who are empowered with an expanded set of skills and additional confidence. As the CEO of a top training consultant company, now more than ever, I would recommend building a strategic plan to develop your internal talent pipeline to proactively manage change. Learning and development professionals currently have a great opportunity to have a positive, proactive impact on their organizations by adding cross-skilling training to their programs. Consider investing your … [Read more...] about Recommendations From A Top Training Company CEO To Expand Your Strategic Reach

Share to Twitter Share to Linkedin Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1- Microsoft's desktop browser - Microsoft Edge - is more popular for users than Safari. Microsoft Edge has become the second most popular desktop browser, surpassing Safari according to an analysis done by Statcounter. This increase in the platform may suggest that Mac users are using Safari less frequently due to new design updates that dissuaded many users. The increase could also suggest a rise in Windows users-however-Google Chrome still has a 50 percent lead on the rising platform. (Source: 9to5mac ) Why this is important for your business: Never underestimate the power of Microsoft. Although Chrome still remains the leader by far, it's clear that Edge has become the next best alternative. As usage grows, I expect to see Edge becoming a more recommended browser for applications going … [Read more...] about Microsoft Edge Is Now More Popular Than Apple Safari…And Other Small Business Tech News This Week

Share to Twitter Share to Linkedin From lower-level employees to high-level executives, managing time can be a challenge for everyone. With distractions all around us, it’s easy to find yourself losing track of the day and feeling unproductive. Small adjustments to your daily schedule can have a big impact on fighting these distractions. To help, a panel of Forbes Business Council members shared one thing busy people can do to take back several hours of time during their week. They offer tried-and-true advice that they’ve used to manage their workweeks productively, making the most of their time. 1. Separate Personal And Business To-Do Lists Despite the tools and technology available, time management is a struggle we all share. It’s easier to manage a task or a project, but how about a week of your life? Alongside your calendar, have your daily to-do list but segregate personal and business. We all have personal responsibilities that disrupt our … [Read more...] about Want Hours Of Time Back Every Week? Try These 15 Small Adjustments