Finance

5 Lessons That Will Help Your Business Get Through a Crisis

May 22, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. The coronavirus outbreak has thrown us all for quite a loop. What could have been an exciting and prosperous year has quickly turned into overwhelming feelings of uncertainty, fear, and anxiety.  With major corporations in the travel and retail sectors letting go of workers and the media reporting a picture of doom and gloom, CEOs and owners are hitting the panic button. I get it. As a leader in your business, you are facing big decisions that shouldn’t be taken lightly. Should you lay off staff?…

COVID-19, the flexibility stigma, and gender equality

One of the biggest forces holding back gender equality in the workplace is a set of structures left over from what I call the “Mad Men era.” Laws, policies, and stigmas that, in households where there is one male parent and one female parent, push women to do more of the caregiving at home, while pushing men to spend more time at work. This has been clear in the data for many years. Despite the stereotype of the lazy, uninvolved father, through a combination of paid work, unpaid work, and childcare, dads put in as many total work hours as…

Sell-off in banking and financial stocks drags benchmark indices down

A sharp sell-off in banking and financial stocks dragged the benchmark indices down on Friday. The Sensex fell 260.31 points or 0.84 per cent to end at 30,672.59, while the Nifty declined 67 points or 0.74 per cent, to close at 9,039.25. The Bank Nifty declined 2.6 per cent, with several big names posting losses in excess of 4 per cent. Analysts said investors shelved financial stocks on worries that an extension in the moratorium would lead to a pile-up in bad loans. The RBI on Friday extended the moratorium by…

It’s Time to Get Creative and Adapt Your Marketing to the Crisis

Now is the time to be agile.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. May 21, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. The business world is upside down. Things are chaotic right now, and rightfully so, but there are still signs of hope. Entrepreneurs and business leaders need to think outside the box to help their companies navigate these unprecedented times and hopefully to come out stronger on the other side. Now is the time to…

Why Companies See Higher Profit Margins with Remote Work

Much of this was due to the elimination of day by day commutes and prolonged in-person meetings. There are piles of analysis papers detailing the negative influence that an extended commute can have on mental and bodily health, both of which have a knock-on impact that may hurt productiveness. Staff that work from home have the opportunity to make extra of their time, which means every workday is less expensive. The more that companies dip their toes into remote working waters, the more it appears to grow.Working remotely also reduces the necessity for sustaining a devoted workplace area, resulting…

Mandating insurance not the way forward to boost penetration: Irdai member

Despite the fact that there is massive under-penetration in the county as far insurance is concerned, the regulator is of the view that the solution to this does not lie in mandating insurance because a stage has been reached where insurance should be a product on “demand”. It cannot be forced upon consumers by the industry or other stakeholders. “There has generally been a feedback that either the regulator or the government should mandate certain types of insurance, but ideally the solution does not lie in mandating insurance,” said T L Alamelu, Member (Non-Life) Irdai. …

Investors may lose money if wind-up spurned, says Franklin Templeton

Franklin Templeton Mutual Fund on Monday said it has sought consent of the unitholders for the orderly winding up of the six fixed income schemes. The electronic voting will take place from December 26-28 and the meeting of unitholders of relevant schemes on December 29, Franklin Templeton MF sais. The unitholders would have to take a call on whether to give consent to the winding up decision or withholding it, which would allow the schemes to reopen for purchase and redemption. The move comes after Supreme Court on Thursday asked Franklin…

Boost Sales, Visibility, and Other KPIs With Comprehensive Digital Marketing Training for Just $35

This 22-hour bundle covers social media, email, SMS, and much more.Free Book Preview Ultimate Guide to Facebook Advertising Get a glimpse of how to use Facebook’s marketing resources to your business’s advantage. December 6, 2020 2 min readDisclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. More business is done online today than ever before. Regardless of your industry or your target demographic, chances are you’re using the internet to…