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Entrepreneurship

Time for a Change? The What and How of Business Entity Conversion

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The one constant is change. Forgive the cliché, but I think it’s an appropriate introduction as I address the topic of business entity conversions.Your clients’ businesses evolve over time — and the business environment in which they operate changes as well, especially at a time like this when the COVID-19 pandemic is having such a far-reaching impact on businesses of all kinds. As a result, the business structure they chose as a startup may no longer be the most advantageous one for their current situation. What happens at that crossroads? It might be time to consider a business entity conversion
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Business World

George Floyd protests hammer cities just as they try to reopen

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The reopening of America was always going to be fraught, with competing fears of new virus outbreaks and economic meltdown. Now cities across the nation, from New York to Chicago to Los Angeles, are reeling from unrest that could worsen both. Violence erupted in dozens of cities following the death of George Floyd, a black Minneapolis man who died after a white police officer pressed a knee into his neck for more than eight minutes. Some demonstrators broke off to rampage through shopping districts, including Rodeo Drive in Beverly Hills and Michigan Avenue in Chicago, and set fire to police
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Entrepreneurship

Facing Crushing COVID-19 Effects, India Could Use Israeli Innovation On Its Road To Recovery. Here’s How.

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While much of the world prepares to slowly emerge from the COVID-19 pandemic, some countries are still scrambling to control the virus. One such country is India, which, despite assertions back in March that the country was surprisingly better off given its large population, is currently facing a huge number of active cases – approximately 100,000 – and a rising death toll of over 3,000. Many health officials are concerned that the coronavirus epidemic in India could be disastrous due to its largely inadequate healthcare infrastructure. Shutterstock Prime Minister Modi is painfully aware of the stress on the country’s already
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Business World

More Grocery Chains Are Ending Hazard Pay Even As The Pandemic Continues

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Jeffrey Reid has been earning a 10% premium on his wages working in a grocery store’s meat department in Silver Spring, Maryland, during the coronavirus pandemic. But Reid’s employer, Giant Food, plans to phase out that additional pay at the end of this week. Reid called it “absolutely absurd” for him and others to return to his normal pay rate just as the U.S. death toll from COVID-19 topped 100,000. “We don’t have a vaccine. They still don’t know how to treat this thing. We’ve still got a bunch of people walking around asymptomatic,” said Reid, 55. “So why are
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Entrepreneurship

Clocr is a Tool to Make Planning Your Digital Estate Easy

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What happens if something happens to you and you don't have an authorized legacy estate plan for your online accounts and digital assets? Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! May 30, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. If you've made a career as an entrepreneur, there's a good chance you're highly independent and self-sufficient. But just because
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Business World

Visas for Hong Kong – WSJ

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President Trump on Friday issued his response to China’s assault on Hong Kong’s autonomy, and as a statement of solidarity it was welcome. The problem is that the punishment will fall mainly on the innocent people of Hong Kong rather than on the perpetrators in Beijing. A better idea would give Hong Kongers an escape route to America. China is replacing the “one country, two systems” form of governance it promised Hong Kong with “one country, one system,” Mr. Trump said in remarks at the White House. He’s right. Beijing... Source link
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Entrepreneurship

Want to be Successful? Stop Focusing on Failure

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Young entrepreneurs with great ideas will often feel an overwhelming desire to be successful. However, this desire and drive is often overshadowed by a fear of failure. In fact, this fear can be so pronounced that it completely takes over the entrepreneur’s focus, effectively derailing their best efforts to push forward to the top. The lesson? If you want to be successful, you need to stop dwelling on the possibility of failing. Here are a couple of tips to help you to stop sabotaging your success. Replace thoughts of failure with thoughts of success You know how you constantly visualise
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Business World

Alibaba’s InTime department store chain turns to live-streaming

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Sales associates at one of Alibaba-owned InTime's store display products for sale during a livestream.InTime | AlibabaInTime, one of China's largest department store operators that's owned by e-commerce giant Alibaba, turned to livestreaming and online sales during China's coronavirus lockdown, its CEO Chen Xiaodong told CNBC.The move helped the company significantly boost its digital revenue, he added, while pledging to continue opening more physical locations.The digital push underscores how InTime has been able to leverage the e-commerce might and logistics scale of Alibaba in order to survive the lockdown, which saw its 65 stores closed for a number of weeks. Alibaba acquired
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Future

Big Tech in Healthcare report from Business Insider Intelligence

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The Big Four tech companies — Alphabet, Amazon, Apple, and Microsoft — are accelerating their pursuit of the healthcare market, and they're starting to hone their strategies in on specific corners of the ecosystem. Business Insider Intelligence US healthcare players are being forced to move on their digital transformation efforts, and Alphabet, Amazon, Apple, and Microsoft are lending their data prowess and tech-savviness to become attractive partners for the job.Healthcare organizations have to contend with a population that's growing sicker, heightened costs, and shifting consumer demands for fast and convenient services. Further, the electronic health record (EHR) boom over the
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Entrepreneurship

Cookware startup Caraway raises $5.3M as it eyes new product categories – TechCrunch

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Caraway, a direct-to-consumer startup selling ceramic pots and pans, is announcing that it has raised $5.3 million in seed funding. Founder and CEO Jordan Nathan (previously a brand manager at e-commerce holding company Mohawk Group) told me that he became interested in cookware after burning a Teflon pan and learned more about the dangers of Teflon poisoning. In fact, although nonstick materials like Teflon are used most of the cookware sold in the United States, it turns out that that there are real health risks when those pots and pans are overheated. So Nathan said Caraway offers non-toxic, eco-friendly pots
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