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Which Industries Are the Most Successful During Valentine’s Day?

Ever wonder which types of businesses cupid’s arrow snags the most throughout the season surrounding Valentine’s Day? While some of the answers won’t surprise you (like florists and candy shops enjoying a strong sales boost), others may. Did you know that in recent years one of the most popular gifts to give isn’t a bouquet of roses or a dinner date out, but the gift of experience via a gym membership or outdoor adventure? Or that now more than ever one of our biggest Valentines include our pets? Utilizing statistics from the National Retail Federation throughout 2014-2017, we’ve rounded up a look at February 14th’s greatest hits by the numbers to see which industries are consistently successful at spreading the love.
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What Is Tunable White Light and How Can It Help Your Business?

Conventional, artificial office lighting is the stuff of horror movies. That flickering, soul-sapping, eye-scraping lighting that emanates from fluorescent tubes does no one any good. In fact, bad lighting has been proven to place significant strain on people exposed to it for long periods of time, adversely affecting mood, perception and overall psychological well-being. It can also cause eye strain, headaches and other health issues. No business can afford to make its employees less productive, so if you have a lighting problem, you need to address it—fast. (more…)

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Everything You Need to Know About Your Small Business Credit Score

If you’re in the process of applying for a small business loan, something called “the SBSS score” has probably popped up in literature about credit screenings. So what is it?

The FICO SBSS score (Small Business Scoring Service), simply put, is a credit score that, in addition to your personal FICO score, determines the risk of U.S. small business credit applicants. While the scoring system has been around since 1993, it only recently gained popularity when the Small Business Administration (SBA) started requiring it for their 7(a) loan application pre-screening. How does it work? Let’s look in depth. (more…)

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How Applied Psychology Can Improve Your Small Business

Many aspects of modern business administration and management come from the world of applied psychology. Here are four examples of applied psychology principles incorporated into modern business.

1. Employee Engagement

A small business is highly dependent on the performance of its employees. If staff members feel unmotivated or disengaged from the company, productivity and quality of work will suffer. In this situation, an expert who has earned a degree from in-campus or online applied psychology schools can come up with a strategy for greater employee engagement; this strategy can not only help to improve the workplace, but also improve employee morale and job performance. (more…)

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Steps for Improving Your Analytical Skills in Business

All companies undergo changes, and you should always strive to improve your own analytical skills so when changes occur in your field or industry, you won’t get left behind. There are several ways you can improve your business acumen in the office. You can get further education through seminars or take on more challenging tasks. When you combine these tips with online courses in MPA degree programs, you will boost your confidence and improve your analytical skills. (more…)

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