BetterSMB Best practices for small and mid-size businesses

One thing to consider during the business disruptions due to the pandemic is how it can affect perceptions of your business’ prices. According to new research from the Indiana University Kelley School of Business, scarcity decreases consumers’ tendency to use ...

Coca-Cola CEO James Quincey said that the economic impact of the coronavirus lockdowns is just starting to begin.  CNBC > Because of coronavirus relief measures, most unemployed workers who can collect unemployment will get benefits that beat what they earned at ...

$2.2 trillion The projected federal deficit in 2020, according to the Congressional Budget Office READ MORE AT CNBC >

Weekly jobless claims hit 3.84 million last week, higher than economist expectations of 3.5 million.  CNBC > Despite an executive order about meat processing, shortages of meat are still projected.  USA TODAY > Small businesses seeking loans through the government’s $2 ...

Professionals who rely on their personal mobile phones sometimes have to discern whether an incoming call is for business.

Google has banned Zoom software from its employees’ devices.  BUZZFEED NEWS > There’s been a large and rapid decline in electricity usage over recent weeks.  THE NEW YORK TIMES > How your business can get a paycheck protection loan, including how the ...

These tips were submitted for the BetterSMB blog by Kyle Harris, Senior Vice President – Wealth Management, UBS Financial Services, Inc. If you have a business loan, it’s important that you keep that loan current. It may make an important difference ...

$349 billion The amount of money available to small businesses in the Paycheck Protection Program. READ MORE AT INVESTOPEDIA >

Job seekers interested in work who let hiring managers know of their interest in salary and benefits could end up hurting their chances of getting hired, according to new research from the University of Maryland’s Robert H. Smith School of Business. But the scientists behind the research say that being motivated by the work itself as well as the pay and benefits are common, and actually better for both organizations and employes.

Competitive rewards are most effective in getting creative innovation proposals from employees, according to new research from the University of California San Diego.

McDonald’s has launched a collection of burger-scented candles.  DESIGNBOOM > Global air traffic could fall for the first time in a decade because of the coronavirus.  CNN BUSINESS > Many small business owners are starting wellness programs to help employees be healthier, happier ...

$3.3 billion The amount that BorgWarner Inc. agreed to spend in an all-stock transaction to buy Delphi Technologies. READ MORE AT WALL STREET JOURNAL >

Footage of unrest in Charlotte, North Carolina is being used in a beer commercial. Some are upset. CHARLOTTE OBSERVER > Martin Shkreli is being used by the FTC and the New York attorney general over allegations of monopolistic behavior. THE HILL > Here’s ...