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The Rise of Ecommerce Nomads

Small Business Labs

Key article quote defining Amazon Nomads: " merchants who travel the backroads of America searching clearance aisles and dying chains for goods to sell on Amazon. "; These nomads are a digital version of a business that's almost as old as commerce itself - retail arbitrage.   Louis area. 

Travel 284
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Gender Equality In U.K. Financial Leadership At Least 14 Years Away

Allwork

million people have signed up for the ministry’s Women in Finance Charter — an initiative launched in 2016 to increase the number of women in senior roles. The finance ministry’s report states that “charter signatories have increased female representation to 35% on average, up from 34% in 2022”.

Finance 130
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Who are "Geriatric Millennials"

Small Business Labs

Over the past week, there's been a flurry of articles and social media posts on "geriatric millennials" This term refers to the oldest millennials, those born between 1980 and 1985.      One of the more popular articles is Today's Are you a 'geriatric millennial'?   

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Be Careful What You Post Online: 7 in 10 Hiring Managers Are Watching

Allwork

Survey key findings: 74% of hiring managers say they use social media to screen candidates 68% of hiring managers overall say they use social media to find answers to illegal interview questions 85% of those who screen using social media have passed on candidates due to information obtained What exactly are employers looking for on social media?

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The Surge in New Small Business Applications

Small Business Labs

Census chart below shows (click to enlarge), both solopreneur business applications (referred to as "Applications Other than High-Propensity") and High-Propensity Business Applications (those indicating they are planning on hiring employees) significantly increased in number.  As the U.S.

2008 273
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Your Top Job Candidate Is Probably A Liar

Allwork

Identifying resume embellishment is simple when employers effectively interview applicants and follow through on background checks. On average, 72% of a job applicant’s resume is accurate while the remaining 28% is embellished.

Resume 246
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Will COVID-19 Cause Older Small Business Owners to Close Their Businesses?

Small Business Labs

   We're hearing two things in our interviews and conversations with older small business owners on this topic.     Many simply are saying "now is a good time to close"    By this, they mean several things.    This group gave two reasons for this. .