The robustness of economies, businesses, and communities across Asia has been sorely tested by Covid-19. Standard & Poor's forecasts the pandemic will cost Asia-Pacific economies US$620 billion in total and permanent income loss, and the Asian Development Bank estimates 68 million jobs will be lost in the region. While the negative effects of the pandemic are profound, there may be a silver lining if it catalyzes a culture of business resilience.
The companies that will recover quickly from a crisis most likely have leaders who recognize that resilience is good business. A resilient organization structures its business to ensure that it can meet its minimum needs to survive if disaster strikes. Such a cultural shift can succeed only if it gets the full support of the board, executive management, and key stakeholders.
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'People are craving this connection': Minnesota business that arranges, coordinates
"People are... craving this connection," she says. "They're just stuck at home, and they can't get out."
Quade is the owner of Minnesota-based Balanced Roots Retreats , a business that empowers women by arranging and coordinating immersive retreats.
Right now, she stays connected with her clients and business partners by going virtual, five hours a day.
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"Even if it's online, just seeing faces, and being able to talk about things that are really hard, or things that are going on, it's just been so beneficial to so many women," Quade says.
business.com "Best Picks" Program Names Top Products and Services for Small Businesses
Best Pick selections highlight the solutions that help small business owners continue to adjust and grow in the face of COVID-19.
WALTHAM, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Today business.com , a trusted source of information for small to medium-sized business looking to start, run or grow their operations, announced the formal launch of its "Best Picks" program. Driven by business.com's extensive product reviews section, the program evaluates the industry's best tools and services specifically designed to help small businesses grow.
2020 Fall | Idaho State University
POCATELLO – U.S. Sen. Jim Risch made a stop at the Idaho State University College of Business Tuesday, Oct. 13, as part of a full day visiting Pocatello.
Risch's visit to the College focused around his work on the Small Business & Entrepreneurship Committee and with the Paycheck Protection Program (PPP) which has had a major impact on clients working with the College's Center for Entrepreneurship and Economic Development (CEED) service providers. During his visit, the College of Business's CEED staff, faculty and students shared their experiences with these programs and its impact on the work they are doing.
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Comcast announces RISE initiative that aims to strengthen Black-owned business - Delaware
Comcast Corporation launched Comcast RISE, an initiative created to help strengthen and empower small businesses hard hit by COVID-19. The Comcast RISE program will help thousands of small businesses over the next three years.
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The program offers grants, marketing and technology upgrades, including media campaigns and connectivity, computer and voice equipment, as well as free marketing insights to all applicants.
U.S. small businesses have been particularly hard hit by the pandemic. A recent study from the National Bureau of Economic Research found that the number of U.S. active business owners dropped from 15 million to 11.7 million from February to April.
Small business owners: Find opportunities at the AUSA's small business seminar and matchmaking
The seminar will include matchmaking sessions designed to pair small businesses with buyers from the federal government and private sector that support the Department of Defense and other federal agencies. Industry professionals and exhibits will address identified small business socio-economic categories and firms seeking to do business the government.
Kansas small business owner urges government to take action
TOPEKA, Kan. (KSNT) — Some small business owners in Kansas are struggling to make ends meet and now one business owner is taking action.
Brian Ramey is the owner of Ramey’s recycling — a small recycling business in Osage City. Ramey started the business two years ago, when his wife became ill. Ramey’s business was one of his main sources of income, so when coronavirus hit his business slowed. This forced him to find other ways to make ends meet.
The state relief funds were running low, which forced Ramey’s business alongside one thousand other businesses to not get any help.
The Kansas Department of Commerce has received more than 5,000 requests from small businesses for federal coronavirus relief.
Officials said the overwhelming demand left them with more than they can handle.
New Businesses Encouraged | Greenville Business Magazine
During a webinar last month hosted by the South Carolina Research Authority (SCRA), several state leaders and business experts emphasized to potential entrepreneurs that if they have a business idea they think worth pursuing, it's OK to open the doors – and use the services of SCRA to get it launched.
"Our mission is to fuel South Carolina's innovation economy," said SCRA Executive Director Bob Quinn. "We do this by accelerating technology-enabled growth of academia, entrepreneurs, and industry. And we support each of these groups individually through programs targeted at each of them."
Happening on Twitter
Joe Biden lied about having knowledge of his son's overseas business dealings, yet he is trying to claim the moral… https://t.co/lbWpsnYGYe LisaMarieBoothe Wed Oct 14 22:00:40 +0000 2020
"Why did you lie to the American people when you said you never discussed your son Hunter's foreign business scheme… https://t.co/0EWYIbW2va JasonMillerinDC (from Washington, DC) Wed Oct 14 13:24:28 +0000 2020
The obvious questions to Joe Biden are: Why did you lie about never discussing Hunter's foreign business deals? W… https://t.co/CUifdU8yBH TimMurtaugh (from Alexandria, VA) Wed Oct 14 11:39:09 +0000 2020
once again i am asking how and why wells fargo continues to exist https://t.co/9PreN9SiZB priaribi (from Los Angeles, CA) Wed Oct 14 21:51:24 +0000 2020
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