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One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).
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TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Planet Fitness is raising its membership price.
⏲ 1:51 👁 13.5M
For the trailer launch of her film ‘Mr. & Mrs. Mahi,’ Janhvi Kapoor made a striking choice with a saree that sported a blend of red and blue hues, adding a unique sporty twist to her look. The actress sparkled in her latest appearance, elegantly carrying off the two-toned saree with style.<br/><br/>#janhvikapoor #rajkummarrao #msdhoni #mrmrsmahi #janhvikapoorfashion #fauxleather #reddress #entertainmentnews #bollywood #viral video #trending
⏲ 1:48 👁 1.8M
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
⏲ 0:41 👁 570K
Janhvi Kapoor has elevated her stylish promotion game to new heights, captivating both her fans and cricket enthusiasts with her latest look. She graced the scene in a mesmerizing Red Faux Leather dress that not only embodies high fashion but also reflects the spirit of the film. Her latest look is making waves across social media.<br/><br/>#janhvikapoor #rajkummarrao #msdhoni #mrmrsmahi #janhvikapoorfashion #fauxleather #reddress #entertainmentnews #bollywood #viral video #trending
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Much is up in the air in Latin America: Mexico may see its first-ever female president, the Argentine peso is collapsing amid the country’s highest inflation in three decades and Brazil’s new president Luiz Inácio Lula da Silva continues to wrestle with a deeply polarized political environment. But one thing is certain: billionaires in the region are booming, both getting richer on average and adding new members to their ranks.<br/><br/>The average Latin American billionaire’s net worth rose by 23% on this year’s World’s Billionaires list, which also welcomed 21 new faces from the region, compared to just 1 last year. In all, Forbes found 110 members in Latin America, worth a combined $530 billion, up from $413 billion in 2023.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/gigizamora/2024/04/04/the-10-richest-people-in-latin-america-2024/?sh=2717cbe67c84<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 4:27 👁 3.4M
The federal budget will be unveiled on Tuesday with persistent inflation shaping the government's economic approach. Labor wants to help people with the rising cost of living but needs to be careful it doesn't add to inflationary pressures.
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#Khabar #ImranKhan #Election2024 #ElectionCommission #PTILeader #PTI #PMLN #PPP #IMF #inflation #pmlngovt <br/><br/>(Current Affairs)<br/><br/>Host:<br/>- Meher Bokhari<br/><br/>Guests:<br/>- Senator Humayun Mohmand PTI<br/>- Shahbaz Rana (Economist Analyst)<br/>- Matiullah Jan (Analyst)<br/><br/>PTI Leader Breaks Big News Regarding Reserved Seats<br/><br/>Humiyun Mehmand's analysis on Talks with PTI<br/><br/>IMF-Pakistan Agreement: Will agreement improve Pakistan's economy or increase inflation?<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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Shadow treasurer Angus Taylor spoke to David Speers on ABC Insiders this morning about the upcoming budget. He says the government is far from pushing inflation down and that the focus needs to be on enabling the economy to grow at a faster rate than spending.
⏲ 2:48 👁 16.4M
The alleged disinformation campaign of China was dubbed as “Marites warfare” by an official of the Philippine Navy (PN) who bellied that a conversation between a Western Command (WESCOM) chief and a Chinese diplomat took place.<br/><br/>READ: https://mb.com.ph/2024/5/10/ph-navy-labels-china-s-alleged-disinformation-as-marites-warfare<br/><br/>Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin<br/><br/>Visit our website at http://mb.com.ph<br/>Facebook: https://www.facebook.com/manilabulletin <br/>Twitter: https://www.twitter.com/manila_bulletin<br/>Instagram: https://instagram.com/manilabulletin<br/>Tiktok: https://www.tiktok.com/@manilabulletin<br/><br/>#ManilaBulletinOnline<br/>#ManilaBulletin<br/>#LatestNews
⏲ 1:39 👁 50.7M
Global brewers are expected to see higher beer sales volumes this year after several quarters of declines, supported by factors like sports events and moderating inflation. Heineken and Carlsberg have already reported first quarter volume growth after over a year of declines, signaling a turnaround. AB InBev's sales have been hit by a boycott but this impact is easing, and analysts expect a return to volume growth in the second quarter. Major sports events like the Olympics and Euro Cup will drive beer sales, as will more normal weather patterns than last year.
⏲ 0:35 👁 360K
#IMF #pakistaneconomycrisis #inflation #pmshehbazsharif #khabar #tax #Meherbukhari <br/><br/>IMF aims to milk more taxes from salaried individuals | Meher Bukhari's Analysis<br/>
⏲ 4:28 👁 145K
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