The US Federal Reserve on May 4 raised the benchmark lending rate by 50 basis points, in what is being viewed as the sharpest increase in over two decades. The increase in the Fed’s key rate raised it to a range of 0.75 percent to 1 percent, the highest point since the pandemic struck two years ago. The half-point […]
Kitsap Update
Wall Street is predicting a 2023 recession. Here are the red flags you should know about
The U.S. economy added nearly half a million jobs in March. The Dow Jones industrial average is within 6% of its record high. And U.S. households accumulated roughly $2.5 trillion in excess savings throughout the pandemic. Still, despite all the good news, predictions of an impending recession are widespread on Wall Street. Billionaire investors, former Federal Reserve officials, and now even investment […]
81% of U.S. adults are worried about a recession hitting this year, a survey finds
After two years of the coronavirus pandemic, a recession and a rapid recovery, Americans are worried that the economy may swiftly decline once again. Some 81% of adults said they think the U.S. economy is likely to experience a recession in 2022, according to the CNBC + Acorns Invest in You survey, conducted by Momentive. The online […]
Feds raise rates of fair market rent in Kitsap.
Starting April 11, the fair market rent, or FMR, for Kitsap County will increase by nearly 20%. The increase — amid an ongoing affordable housing shortage in the county — comes after the Bremerton Housing Authority challenged a proposed increase of 2% for fiscal year 2022, which was less than the rate of inflation, according to BHA. Fair […]
Common Small Business Problems.
Want to know the biggest challenges facing small businesses? The National Federation of Independent Businesses may have at least a partial answer. The NFIB’s Index of Small Business Optimism has been an invaluable resource since 1975. They’ve done research on everything — from job openings to labor markets, from capital spending budgets and the cost of inflation; on a […]
Tips and Tricks for Small Business Owners
Starting your own small business is an exercise in uncertainty, which is why it’s so important to learn from those who have been in your shoes. Get off the ground with these helpful tips from experts. With the right guidance, you’ll succeed in creating a unique venture without reinventing the wheel. Below are 10 Tips […]
Secrets for Growing Your Business Quickly
Growing a small business isn’t easy. It is one of the toughest challenges many face when they are looking to get out of the 9 – 5 daily grind. The success of your small business depends on your efforts to grow profits using various methods. From employee training to marketing, every aspect of your business […]
Proven Business Growth Strategies for Startups
Did you know that only 50 percent of startups survive more than five years? Unfortunately, many startups fail to achieve product-market fit. Without a smart growth strategy in place, startups have no clear roadmap towards long-term success. Growing business is one of the most challenging situations you will face as an entrepreneur. In order to successfully grow […]
Powerful Traits Of Successful Leaders
Everybody wants to be a business leader until they have to do what is expected out of a leader. Business leaders cannot think and perform like the average person. They have to think in terms of doing what is best for their team and not just themselves. Being a great leader takes a lot of […]
BENEFITS OF VIDEO PRODUCTION FOR SMALL BUSINESSES
Video marketing is a great way to connect with customers and provide value to your target audience. Without a doubt, videos are a lot of work. They take a lot of time to create and shoot, and the editing process can be tedious. However, the payoff is worth it. Recent studies have shown that an […]