Small-business owners seeking loans have to be prepared to navigate a maze of complex banking terminology, writes Megan Tyler. She offers definitions for six terms, including APR, factoring and merchant cash advance.
Employee turnover can be especially painful for small businesses, but these companies can use a variety of tactics to boost retention. Entrepreneurs offer several tips, including giving employees opportunity for advancement, offering feedback and explaining why the work matters.
Lila Owens spent a decade working for her family's real estate business after college before pursuing her passion by opening Cupcakin' Bake Shop in Berkeley, Calif., in 2014. Owens is now leasing a second space, and she plans to expand her business and her product line.
The number of computer science graduates is rising but not as fast as demand, and retail provides a growing number of new tech job opportunities, Sam Berndt writes. Retail tech jobs pay as well or better than similar posts in other industries, many are located in areas with low costs of living and the positions offer a chance to play key roles in retail's digital transformation, he writes.
Are you a memorable storyteller, inspiring leader and strong collaborator? If you checked all the boxes, you may be the right fit for the senior director of communications and content role currently available with the NRF Foundation, the philanthropic arm of the National Retail Federation. Learn more.
Time is running out to apply for the NRF Foundation's top scholarship. The Next Generation Scholarship provides all semi-finalists an opportunity to attend the NRF Foundation Student Program in New York City and the chance to get exposed to top retailers in the industry. Just like Garrett Ledbetter. Read Garret's story.
The internet of things, artificial intelligence and other technologies are reducing downtime, saving money and delivering other gains on the factory floor, writes Infor's Kevin Price. "With the ability to predict the upcoming issues and identify issues early, the maintenance team can be proactive and take action before the issue escalates and become catastrophic or costly," Price writes.
Freight-hauling firms in the US are suffering from capacity shortages and a manufacturing backlog of nine months. ACT Research says a record 450,000 heavy-duty vehicles will be ordered this year.
Centralized security via the cloud is the best option for protecting cloud-based supervisory control and data acquisition systems, writes Rusty Gavin of Honeywell Industrial Cyber Security. "Combined with a top-down security management platform, this architecture can be used to deliver robust ICS security following the NIST Cybersecurity Framework," he writes.