Ethics
BBB Tip: Buying a car online
The ability to purchase goods and services online has permanently changed how countless industries conduct business. The days of high-pressure sales tactics and price haggling are largely in the past, as online marketplaces allow buyers to comparatively shop for the best deal on the product they want across hundreds or thousands of sellers. Particularly when…
Read MoreScreen for Progress: Developing Your Business With Technological Innovation
For small and mid-sized businesses, making inventive use of tech should be a top priority. The right tools can help you to optimize your processes, overtake the competition and develop the foundations for long-term growth – here are a few key areas to consider. Machine Learning Advances in data science have culminated in a new…
Read MoreBBB Tip: How to avoid purchasing fake tickets to events
As another Texas summer with record-breaking heat ends and the beginning of the Fall season approaches, many people will be looking to get out and enjoy themselves at various events across the state. Residents may be planning on watching their favorite sports team compete this season or attending a concert featuring a famous musician. With…
Read MoreRecession
Once again, the Federal Open Market Committee (FOMC) commonly called “The Fed,” is turning the mild recession during the first two quarters of 2022 into a deep two-year recession by raising interest rates too high and keeping them high for too long to control inflation. The Fed’s track record is deplorable. In the last 60…
Read MoreLong Term Effect of the Russia-Ukraine War
Sometimes in human history, wars between two countries have caused permanent, dramatic changes in the beliefs and attitudes of the world’s people. I believe the Russia-Ukraine war is one. It has caused world fossil fuel prices for oil to rise from about $60 per barrel to $100 plus per barrel. World natural gas prices went…
Read MoreBBB Business Tip: 7 ways small business owners can cope with inflation
U.S. consumers are experiencing the most significant 12-month increase in prices since 1981, and many small business owners are feeling the pressure. With the inflation rate hovering around 8%, according to the Bureau of Labor Statistic’s Consumer Price Index, many small business owners are experiencing increased costs to conduct business and shrinking profit margins. Desperate to…
Read MoreWhat I Learned “Not to Do” From My 500 Plus SCORE Clients
I have learned what works to create successful businesses from my SCORE clients. Equally important I have learned what does not work. 1. All markets are not the same. If a product or service sells well in one market, that does not guarantee it will sell well in your market. The one exception may be…
Read MoreBBB serving the Heart of Texas
Accepting applications for 2022 Torch Awards for Ethics competition Since 2014, BBB serving the Heart of Texas has been celebrating marketplace role models with the BBB Torch Awards for Ethics. The award is given to businesses that demonstrate their dedication to ethical business practices, often implementing standards of their own that exceed BBB’s requirement for…
Read MoreHow to Grow a Thriving Business After the Pandemic
The COVID-19 vaccine rollout has been a beacon of light to small businesses hit by the coronavirus pandemic. Business owners are ready to move on from this crisis and get back on their feet. While it may be some time until things truly return to normal, now is a great opportunity to make a comeback…
Read MoreBBB Scam Alert: 30% of employment scams occur during the summer
The beginning of summer brings an influx of job-seeking students looking to capitalize on their free time by earning money over their three-month break. According to the Bureau of Labor Statistics, most of these students find employment in the accommodations and foodservice industry, with a little over half (54%) of 16- to 24-year-olds employed in…
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