Sometimes in business, something just isn’t working, despite the best efforts of everyone involved. This is when founders have a choice: Either close up shop, or consider a strategic pivot into a new direction. If the founding team isn’t quite ready to call it quits, there are certainly a few telltale signs that a pivot should be considered.
Read MoreUBS recently noted in their On-Air podcast that “78% of business owners expect to fund their retirement through their business – but 95% don’t know what their business is worth”. And today, in our COVID world, business values are often quite different than a just few months ago.
Here are five reasons it’s important for you to know what your business is worth:
A while back, Benjamin Griffith noticed something while gathered with family to celebrate his brother-in-law’s college graduation. Griffith’s mother-in-law, he realized, spent most of her time preparing and cooking food in the kitchen, missing out one time with family and friends.
Read MoreCOVID-19 transformed a vast majority of office workers into stay-at-home workers. Instead of being united by water cooler talk and endless hours in conference rooms, workers are now bound by instant messaging apps and countless hours of video conferencing.
Read MoreWhile massive wildfires continue to rage across California lands at a never-before-seen pace, the state’s National Guard is filling the skies with air tankers and helicopters to suppress the fires and rescue people trapped amid billowing smoke and fast-moving flames.
Read MoreEven if we have been blessed with good health, COVID-19 has changed the way we live, learn and work. As we have adjusted to the “new normal,” employees have gone back to work, and students returned to school. But for thousands of Nevadans, the pandemic has left them without a job to which to return.
Read MoreNow we’re at the ominous-sounding “marketing plan” step, which I promise, should not inspire thumb-sucking and cold sweats. In fact, if you do a basic search of your favorite engine, you’ll discover countless tips about developing a marketing plan — including the fact that a good one includes anywhere from four to 267 “fundamental elements.”
Read MoreMany high school students spend their summers working a full- or part-time job. Priyanka Senthil spent hers helping launch a social enterprise.
Read MoreSpace is hard to come by for a startup in Silicon Valley — especially lab space. This is one of the many reasons why startup company Bioelectronica decided to branch out at the University of Nevada, Reno’s Nevada Center for Applied Research (NCAR).
Read MoreIs your company producing great marketing that connects with your target audience and inspires action? If you’re like most organizations out there, the answer is no. Sure, there are pieces that stand out – a great tagline that sticks in our head or an innovative use of technology that gets a message out at just the right time – but, if we actually look at a typical marketing campaign from top to bottom, you’re going to see a lot of holes.
Read MoreStudies have shown that an estimated 62% of Americans sleep with their mobile phones in or near their beds. Entrepreneurs, who are often stretched thin by competing responsibilities and tasks, are without a doubt a big part of that number. What you can get done on your phone is incredible.
Read MoreSo, there was the time that your company had a presentation about the dangers of phishing during a staff meeting … Oh. You didn’t?
Read MoreMany reading this article have recently filed their personal property declaration with the county assessor. The mistake is innocent enough; you report the current year additions on the declaration. You give this same list to the buyer.
Read MoreConsider the following scenario. You’re having an important conversation about a project with a work colleague. Suddenly, in response to a suggestion you make, your colleague rolls their eyes and says, “Are you nuts?!
Read MorePerhaps never before in recent history has health been so clearly in focus. And as employers have learned from the COVID-19 pandemic, it pays to protect employee health. While this is simply the right thing to do, it is also fiscally responsible.
Read MoreCinammon Davies and Renee McGinnes have been re-elected to the board of directors of NCET, a member-supported non-profit that produces educational and networking events to help people explore businesses and technology.
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