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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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The network is providing internet access to over 2.7 million subscribers across 75 countries. The company has also expanded into enterprise, mobility, and government markets, with an estimated 50,000 users in these sectors.
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Santrel Media
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CHS Alliance
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While the budget is set to deliver another surplus, Treasurer Jim Chalmers says it won't come at the expense of keeping inflation down and providing assistance for those doing it tough.
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LakelandGov
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Wild at Heart
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Melanoma is a type of skin cancer that is primarily caused by sun exposure, so everyone is at risk. It's so common, that nearly 5 million Americans are treated every year. In fact, more people are diagnosed with skin cancer each year in the U.S. than all other cancers combined. The good news is it's preventable, that's why Dr. Nkem Ugonabo partnered with Neutrogena to spread the word. For years, Neutrogena has been committed to supporting sun safety and providing sunscreen solutions for all as a preventative measure for skin cancer. In honor of Melanoma Awareness Month this May and Melanoma Awareness Day on May 6, Neutrogena is proud to share it has donated over 1 million dollars to the Melanoma Research Foundation over their 7-year relationship. And what we love about the brand, is that they make it super easy to choose the sunscreen that works best for specific needs, so you actually use it every day. What are some common myths and misconceptions around sunscreen? The first, is thinking that because there is SPF in your makeup, you don't need to wear sunscreen. Unfortunately, the SPF in makeup isn't enough to limit the harmful effects of UV-Rays. If you're looking for an SPF that works well under makeup, try the Neutrogena Ultra Sheer Face Serum SPF 60+ , a weightless serum that protects, hydrates and primes skin for makeup in one step. The second myth is thinking that if you have dark skin, you don't need to wear sunscreen. Everyone is at risk for melanoma, so regardless of your skin color, you need to wear sunscreen. A great option is Neutrogena's Invisible Daily Defense Face Serum SPF 60+ . This sunscreen helps fight against environmental aggressors like ozone and pollution while hydrating skin. The last myth is thinking that you don't need sunscreen if it's cloudy or cold. Every day is 'sun' day. Wearing sunscreen every day is the best way to prevent skin cancer. It's best to look for sunscreen labels that say, 'broad spectrum' and always wear an SPF 30 or higher. A great option is Neutrogena's new Invisible Daily Defense Mineral Face Liquid SPF 30 which provides 100% mineral active protection with a smooth and lightweight finish. What are some other healthy habits that you can incorporate into your lifestyle to reduce the risk of skin cancer? In addition to wearing sunscreen, avoid being out in the sun during peak hours. The sun's rays are the strongest between 10 a.m. and 4 p.m. If you're spending extended periods of time outside, it's best to seek shade (for example, under an umbrella). It's also important to cover up with protective clothing, such as a hat and sunglasses when you can. Lastly, make sure to see your friendly dermatologist for an annual skin cancer screening and mole check. Check out Neutrogena.com for some helpful tips and get these products everywhere at retailers nationwide and on Amazon.
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SMNI News Channel
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