Business Trends

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Source: constructormagazine.com
Employee retention continues to be a concern for many industries. Only 29 percent of American employees say they feel valued by their companies, according to the Bureau of Labor Statistics. This dissatisfaction can lead to employee turnover, which costs American businesses $11 billion every year. If you’re seeking high-level talent, turnover can cause delays and create an unstable work environment in addition to costing your business. But by taking positive, thoughtful steps, you can prevent employee turnover. 

 

>>Calling all Women-Owned Small Businesses
Source: sba.gov
The SBA is seeking input and comments on certification of Women-Owned Small Businesses (WOSB) and Economically Disadvantaged Women-Owned Small Businesses (EDWOSB) in connection with the Women-Owned Small Business Federal Contract Program (WOSB Program). SBA is planning to amend its regulations to implement section 825 of the National Defense Authorization Act for Fiscal Year 2015 (2015 NDAA). Section 825 of the 2015 NDAA removed the statutory authority allowing WOSBs and EDWOSBs to self-certify.
 
Review The WOSB and EDWOSB Announcement of Proposed Rule Making (ANPRM) online. For details, contact Brenda J. Fernandez, Procurement Analyst, Office of Policy, Planning and Liaison at brenda.fernandez@sba.gov

 

>>A Simplified Approach to Setting Small Business Strategy
Source: sba.gov
One of the ironies of strategy, especially in small business, is that it can seem deceptively simple when it’s done right. When it works, it seems like it was always obvious. And yet there are people doing PhD theses on business strategy.

 

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