Thousands of articles have already been written about the way the pandemic has changed the behavior and expectations of customers. Over the past year, many consumers have been forced to change their habits, use different suppliers and switch to new channels. As a result of this varied exposure, they’ve more than likely had the opportunity to compare your business with others they’re in contact with.What does this mean, for example, for a small retailer? First, it means they’re no … [Read more...] about 3 Customer Service Essentials in the post-pandemic Economy
Economy
3 Things You Must Know About Capital Gains Tax
Learning about tax laws is essential for you to have an idea about capital gains. As such, there are various ways to determine your capital gains tax. It may vary depending on the items that you’re selling and your profit.Capital gains tax may not be a problem if you fall under the lowest income-tax bracket. It's because people who fall under this bracket are seen as not capable of acquiring taxable assets. Conversely, you can still have assets without worrying about the tax. This is because … [Read more...] about 3 Things You Must Know About Capital Gains Tax
What is the Minimum Wage in Louisiana
The minimum wage is the least wage that every employer needs to pay to the employee for their per-hour services. The wage in Louisiana is $7.25 per hour and has been more or less the same for the last few years.The average hourly wage in Louisiana indicates that if you are an employee in this state, the salary per hour that you should at least accept is the $7.25 declared by the federal government. So if your employer is paying you anything less than the minimum wage, he is breaking the … [Read more...] about What is the Minimum Wage in Louisiana
How is the UK Economy Expected to Perform in 2021?
While the pandemic has shown that it is impossible to predict what the near future looks like, many experts are now making their economic predictions for 2021 with the roadmap to normality outlined and the easing of restrictions starting. So, what might the economic recovery look like this year?Unemployment on the RiseRedundancies were rising at the fastest rate on record towards the end of 2020 even with the furlough scheme, so when this closes at the end of April (after several … [Read more...] about How is the UK Economy Expected to Perform in 2021?
What is the Minimum wage in Tennessee?
The minimum wage is the lowest amount of money paid by an employer to their employees. It is the legal requirement, and laborers get paid minimum wage or more than this. The minimum wage legislation was passed in the 20th century and is now a legal requirement in many countries.In America, the national minimum wage was created in 1938 and is still effective. The current federal required minimum wage is $7.25 per hour of work. But in the United States, different states are allowed to set … [Read more...] about What is the Minimum wage in Tennessee?
What is the Minimum Wage in Indiana?
The United States either set up its own state minimum wage or go with the Federal minimum wage law. Indiana is one of the states that go with the Federal minimum wage. The Federal minimum wage has been adopted by Indiana which happens to be $7.25 per hour. These wages are planned at the state level considering the customer price index.Indiana Minimum Wage LawEmployers follow the Indiana Minimum wage law while paying their employees. It is advised to pay the wage per house. In the case of … [Read more...] about What is the Minimum Wage in Indiana?
How has Brexit Impacted the UK Economy?
The historic deal on the UK's future trading and security relationship with the European Union was finally agreed on Christmas Eve 2020. And while the UK has been preparing for Brexit since the result of the referendum in 2016, no one could quite have predicted the impact. Europe has been Britain's largest trading partner for centuries, and already we've seen disruptions at European borders, as well as supply chains in disarray as a result of the new … [Read more...] about How has Brexit Impacted the UK Economy?
Minimum Wage in Virginia
Most companies and corporations are confined to meet some federal requirements as per the law in Virginia. There is currently no defined overall minimum wage rate in Virginia, but organizations including more than four workers befit this policy.The current minimum wage in Virginia is fixed at $7.25/hour, which is according to the federal wage plan. The government is working to change this policy and raising it to $9.50/hour from 1st May 2021.Furthermore, it can extend to $11/hour from … [Read more...] about Minimum Wage in Virginia
What Is the Minimum Wage in Texas?
Meeting the federal requirements and acquiescence with the law has been a challenge for most businesses these days. But to make the company survive, they have to do that. This challenge is becoming bigger and bigger with the increase in the laws, including tax changes, paid leave for sick, and minimum wage rates.Texas is the second-largest state of the U.S. on account of both area and population. To ensure the proper employment pay rate and keep it under control, it passed the Texas Payday … [Read more...] about What Is the Minimum Wage in Texas?
Effects of Covid on Sale of Cat Products
COVID-19 pandemic has affected all sectors of human life. Social distancing, stay-at-home orders, schools, and office closures have resulted in all-new patterns of living. In the lockdown protocols of COVID-19 business industries all over the world suffer major setbacks. It has created both unprecedented challenges and opportunities for the cat care market players. Pre-COVID-19 forecast of the cat care market pegged at 5%-6% growth in 2020, which is estimated to suffer a drop of 2.5%-3%. The … [Read more...] about Effects of Covid on Sale of Cat Products
How to Find a Good Economic Consultant
This year has been a year of turmoil and trials that have felt like swing after swing at businesses and those running them. Many companies aren't going to make it out of this year damage free, and some might not make it into the next year at all unless changes are made.One of the best options people turn to when they're hoping for changes that will save their business is looking for an economic consultant. These professionals are like sighthounds of the business world.They know good … [Read more...] about How to Find a Good Economic Consultant