Paradigms are shifting in unpredictable ways. Trends are forming that we can use to help increase our business. Take a look at your business objectives and see if you can integrate any of the following trends to serve an in demand need and increase profits. Here is a list from Entrepruer.com:
Local Business - Demand is exploding for locally grown and made products--for every $100 spent at a locally owned business, $68 comes back to the community.
Economic Turmoil - 8.7 percent of job seekers gained employment by starting their own businesses in second quarter 2009
Green Power - The stimulus plan poured billions into renewable energy.
The Senior Market - The elderly, make up three of the top 10 industries with the fastest employment growth.
Discount Retail – Consumer spending is down 30 percent while discount stores like Wal-Mart are up 5 percent. The Family Dollar is up 25 percent.
Education – Displaced workers are retooling their skills and going back to school.
Parental Outsourcing – Taking care of the family, cleaning the house and homework are all being outsourced.
Health and Wellness - Healthcare and social assistance revenue spent is $452.5 billion, up 3 percent from the previous quarter.
Texas – a youth magnet state and relocation destination.
Affordable Alcohol – an industry that has consistently grown over the last three years.
Pets – Pet owners are expected to spend 45 billion in 2009.
Read the entire article at: http://www.entrepreneur.com/trends/index.html
Tuesday, June 15, 2010
Friday, June 4, 2010
Hiring Incentives Workshop on June 17
RochesterWorks! (www.rochesterworks.org) is offering a special workshop for businesses on Thursday, June 17 from 2-4 p.m. on incentives and resources available to help decrease the cost of hiring new employees. The workshop will be held at the United Way Building at 75 College Avenue in Rochester . There is no charge to attend and parking is free.
The workshop will feature experts from New York State discussing unique programs and incentives that may be available to assist your business.
Topics for discussion will include the On-the-Job Training (OJT) grant program. Funding is currently available to help businesses hire and train new employees with an identified skill gap who do not meet the minimum qualifications for a posted job. Businesses are eligible to receive up to 50% of the employee’s wage rate to help offset costs during the period the employee is being trained.
The Hiring Incentives to Restore Employment (HIRE) Act recently passed by Congress will also be discussed. Through this program, businesses hiring for new positions may be eligible to receive a 6.2 percent payroll tax cut (or their share of Social Security taxes) if they hire people who have been unemployed for at least 60 days, and an additional tax credit if the new hire is employed for one year.
To register to attend this free workshop contact Diane Lewis at (585)258-3545 or dlewis@rochesterworks.org.
The workshop will feature experts from New York State discussing unique programs and incentives that may be available to assist your business.
Topics for discussion will include the On-the-Job Training (OJT) grant program. Funding is currently available to help businesses hire and train new employees with an identified skill gap who do not meet the minimum qualifications for a posted job. Businesses are eligible to receive up to 50% of the employee’s wage rate to help offset costs during the period the employee is being trained.
The Hiring Incentives to Restore Employment (HIRE) Act recently passed by Congress will also be discussed. Through this program, businesses hiring for new positions may be eligible to receive a 6.2 percent payroll tax cut (or their share of Social Security taxes) if they hire people who have been unemployed for at least 60 days, and an additional tax credit if the new hire is employed for one year.
To register to attend this free workshop contact Diane Lewis at (585)258-3545 or dlewis@rochesterworks.org.
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