Many employers have responded to the Great Resignation by increasing their wages ahead of a federal mandate. However, if you’re a small business owner, you may be fearful of how a minimum wage increase will impact your business. There are pros and cons when increasing wages. Here are some things to consider before making a change. (Read More...)
Supply chain challenges are a complex entanglement that’s affecting everyone in 2022. From aluminum to food products and fertilizers to plastic resins, businesses and consumers alike are feeling the strain. Some of the biggest sufferers of these economic disruptions are small businesses. (Read More...)
If there's one constant about healthcare in this country, it's that it is always evolving, thanks to technology and innovation. From streamlining processes to admit or discharge a patient faster to developing a vaccine for COVID-19, these improvements have had direct impacts on patients' lives. (Read More...)
As IT components increase in both number and complexity, businesses have been brought to the threshold of a major transformation—a digital transformation. Gartner reports that IT spend is shifting from traditional components (e.g., PCs, data centers, mobile phones) to maturing components like cloud solutions or “as a service” (aaS) solutions and the Internet of Things (IoT) as it can be leveraged in operations. These and other IT components are catalyzing a change in the role of IT in an organization. (Read More...)
Healthcare technology is a frontier which may transform all aspects of medical care. Patients, providers, payers and institutions are all seeing changes—and improvements—in type and quality of care. Hospitals are improving the patient experience through a range of technologies like data analytics and remote monitoring. Though there is still a lot of frontier to explore, the current landscape may be pointing to truly transformational achievements in the not-too-distant future. (Read More...)
The U.S. renewable energy industry continues to grow despite federal legislation uncertainties and implementation of new import tariffs.
Renewable energy sources accounted for approximately 17% of total electricity generation in 2018. These sources included hydropower (7%), wind (6.6%), biomass (1.5%), solar (1.6%) and geothermal (0.4%). The global market is expected to realize around 5% compound annual growth rate to a size of $2B by 2025. (Read More...)
The Equipment Financing and Leasing Industry is a $1 trillion-dollar industry, with approximately 60% of leased and purchased equipment in the United States funded by the equipment financing and leasing industry.
Over the past few years, there has been significant growth in this financing sector. Uptrends are expected to continue in 2019, though 2018 was considered a banner year with greater advancement than is expected to be seen in 2019. (Read More...)
Fewer and fewer of us nowadays are enjoying the experience of washing our car in our own driveway on a Saturday morning. It was a first car owner's ritual; soaping up the car with a big sponge and rinsing it off with the garden hose. Before we all assume it's the youth of today not wanting to put in a little hard work and elbow grease, we should realize . . . that's only part of the problem. The main issue is the waste water run-off from these seemingly harmless chores. That sudsy water running off your driveway into the street is called nonpoint runoff and it is the leading cause of fresh water nonpoint source (NPS) pollution in the United States. And, it is causing many states and communities to ban the once typical suburban activity. (Read More...)
