The Unexpected Costs Guide for The Small Business

In those early, exciting days of establishing our business, most of us will do the traditional process of outlining all of our known expenses on a beer mat. Aptly, it’s called the beer mat method.

Suffice to say, there’s only so far in which this process can go. It will give you a rough idea of how your business is going to pan out, but as time progresses you need more solid numbers.

Unfortunately, every business is going to be different. The costs for one industry are going to be much different to another. However, through the course of today’s

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JP Morgan Chief Jamie Dimon Paid $31.5 Million – Jewish Business News

JP Morgan Chief Jamie Dimon Paid $31.5 Million

This in spite of most Americans suffering from the Covid recession.

Jamie Dimon, the billionaire boss of JPMorgan Chase, is getting a little bit richer. He was paid $31.5 million for 2020. And this is after the man actually lamented how much corporate leaders are overpaid.

The salary constitutes a 1.6% pay increase over 2018 and it is the same as his compensation for 2019.

But JPMorgan shares fell 8% in 2020, understandable considering that last year the world economies plummeted because of the Coronavirus. Because of that the firm

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Stocks are set to retreat from records to end the week, Dow futures drop 250 points

Stock futures fell early Friday morning with the S&P 500 and Nasdaq Composite set to retreat from records, as investors reassessed the outlook for President Joe Biden’s ambitious Covid stimulus plan.

Dow Jones Industrial average futures dropped 250 points, or 0.8%, while S&P 500 futures fell 0.8%. Nasdaq 100 futures lost 0.6%. The Nasdaq Composite and S&P 500 each reached record closing highs on Thursday. The Dow set a record earlier in the week.

Shares of IBM fell more than 7% in premarket trading after the company reported fourth-quarter sales below where analysts were expecting. Revenue fell 6% on an

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Stock market frenzy feels like 1999 dot-com bubble

Billionaire global investor Barry Sternlicht said Thursday he’s concerned about the long-term viability of current conditions in the stock market, warning that some aspects feel reminiscent of the dot-com bubble back in the 1990s.

“I don’t think we’re having a problem in the stock market near term,” Sternlicht said on “Squawk Box.” “The stimulus is too big.”

After the market plunged due to Covid fears in February and March of last year, the Federal Reserve slashed interest rates to near zero and unleashed other programs to support the financial system. Congress also pushed through two massive stimulus packages in 2020,

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Wall Street Celebrates Joe Biden Inauguration with Soaring Stock Markets – Jewish Business News

Wall Street Celebrates Joe Biden Inauguration with Soaring Stock Markets

The S&P 500 rose by 1.39%.

In spite of the expectations of former President Trump’s supporters, Wall Street did not go into a panic after Joe Biden was elected President of the United States. Quite the contrary. The New York Stock Exchange celebrated with historic gains on the day of President Biden’s inauguration.

The S&P 500 rose by 1.39%, reaching a record close of 3,851.85. This was 14 percent higher than on Election Day. Interestingly, this broke the previous record for an inauguration day climb previously set on the day

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6 Ways to Offer Premium Customer Service as an Ecommerce Business

Customer service is extremely important in the day and age we live in today. The relationship between businesses and consumers is totally different from what it was a few years ago. Today, consumers give importance to customer service almost as much as product pricing and quality.

In fact, according to a survey done by Zendesk, 84% of customers think that customer service is an important factor to consider when deciding to buy from a company.

This factor especially weighs heavily in the case of eCommerce businesses. Millions of businesses probably offer products of the same quality as you, so why

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Family-Owned Virginia Company Wants To Increase Black Wealth Locally

Closing the racial wealth gap has been a goal for numerous organizations around the country in response to decades of oppressive laws and procedures committed by big banks. For one family based in Norfolk, Virginia, they created a business with the hopes to empower their community by providing resources to help them succeed financially.

Kenneth Royster is the president and CEO of First Genesis of Virginia, a finance company aimed to help others like him in his community. He became inspired to start his company first being exposed to other Black professionals within the finance industry and wanted

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