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Small employers: Look before leaping into new MEP 401(k) option
Final rules governing multiple employer plans ("MEPs") are now on the table, leaving many small business owners wondering both what they should do to take advantage of the new rules and what they need to consider before jumping in. Small business owners have a wide variety of retirement planning options to choose from,
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5 Business Development Trends to Expand Your Business
Which of the following is on your business development to-do list for 2019? Close more new customers Decrease customer churn Increase referrals All of the above If you didn’t answer D, you’re either wildly successful (in which case, congratulations!) or you’re in trouble. But regardless of your answer, the real questi
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TK Ways Remote Work is Shifting How Businesses Operate DRAFT
Authors: Source: First Midwest Subject: First Midwest DRAFT Title 1: TK Ways Remote Work is Shifting How Businesses Operate Title 2: Key Takeaways from the Shift to Remote Work Title 3: Business Evolution in the Wake of COVID-19 Title 4: TK Ways Businesses Have Changed As a Result of Remote Work Date: 6.29.20In the sh
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3 Things a Small Business Can Do to Retain Employees
With the economy strong and a lot of companies looking for help, workers have more options than they otherwise would. That can create problems for small businesses, which may not be able to match the pay or perks at bigger firms. But just because big companies might offer your employees a raise does not mean you can't
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3 retention strategies as employers realize ‘back to work doesn’t work’
As companies realize that back to work might not work, they are scrambling to come up with strategies to mitigate high turnover rates.
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Is Everything You Thought You Knew About Marketing a Global Business Wrong?
Are you a small business owner? Do you hope to take your business beyond your country’s borders? If the answer to those two questions was yes, keep reading this article to learn what you need to know about marketing a global business. Some of the topics covered might surprise you. Is everything you thought you knew abo
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8 challenges for business leaders that will shape year 2 of COVID-19
Corporate boards and executive teams are typically considered effective if they are able to help a business navigate a global crisis in parallel with maintaining day-to-day operations. If only the bar was as simple and set so low right now. As we enter the second year of the COVID-19 pandemic, the intersection of the o
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Three Ways Small Businesses Should Prepare For A Second COVID Shutdown
With the COVID Delta variant on the rise and the CDC recommending mask-wearing again, small and medium-sized businesses (SMBs) should be preparing for a possible second wave of coronavirus and possible lockdowns. This week, the Centers for Disease Control (CDC) updated its guidance for fully vaccinated individuals. Cen
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How to encourage employee participation in preventative health
When you invest in health benefits and preventative health programs, you're investing in your employees. Giving employees the resources and tools they need to improve their health, both mental and physical, can reduce immediate and future health care costs and lead to a more productive workforce. However, these prevent
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What Do Investors Need To Know About the Secure Act?
Saving for retirement and education are important priorities for many Americans. A new law that took effect in January 2020, the Setting Every Community Up for Retirement Enhancement (SECURE) Act, aims to increase access to workplace retirement plans and generally expand opportunities to save for retirement, in additio