Image: Bigstock Verizon Communications Inc. ( VZ – Free Report ) is scheduled to report fourth-quarter 2022 results before the opening bell on Jan 24 . In the fourth quarter, the Business segment is likely to have recorded year-over-year lower revenues owing to a challenging macroeconomic environment and rising inflationary pressures. Factors at Play The Business segment includes the wireless and wireline operations of Wholesale, Public Sector and Other, Small and Medium Business, and Global Enterprise. During the quarter, Verizon collaborated with Higi to provide digital health solutions and services to support preventative health, drive literacy and identify high-risk consumers eligible to be managed via home-based monitoring. It also partnered with Openloop to accelerate anytime, anywhere virtual care delivery. According to the terms of the collaboration, the firms will work in unison to provide rural communities and seniors with limited access to transportation with greater access to care powered by the Verizon 4G LTE and 5G Ultra Wideband networks. These initiatives are likely to have translated into incremental revenues in the quarter. In the fourth quarter, Verizon inked an agreement with Wipro Limited to develop global Network-as-a-Service (NaaS) for network modernization and cloud transformation for businesses with a range […]

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Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Managing your business’s inventory can be expensive. Amazon FBA may be a lucrative alternative to sourcing, storing, and shipping your inventory, and Amazon only charges 10% to 15% off your margins. If you want to learn how to convert your business to an Amazon FBA or Shopify Dropshipping model, check out The 2023 Business Model and Strategies Bundle , featuring courses on Amazon FBA and Shopify. Amazon FBA and Shopify Dropshipping are two options for accomplishing similar goals, and both could benefit your business by saving you money on inventory storage and order fulfillment. Start with Amazon FBA: The 2023 Business Model & Strategies Course. This 2.5-hour course taught by drop shipper Paul Heidiri covers which items tend to be profitable on Amazon, how you can generate high-quality sales copy, where you might find suppliers, and more of the practicalities of running your business through Amazon. If you want to expand your business opportunities , you could even try selling existing products […]

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As the world’s economy continues to be affected by a global recession, small and medium-sized enterprises (SMEs) face many challenges in staying afloat. Research reveals they are increasingly worried about the impact of the recession, with many being forced to lay off workers, reduce wages or even close down completely. Research calls on government to help ensure that SMEs remain part of the global economy and … [+] getty A recession can cause a decrease in consumer spending, which can result in lower sales for SMEs, exposing them to financial risk. This lack of capital can make it difficult for these businesses to cover expenses and maintain operations. Additionally, as larger companies tend to be better positioned to weather an economic downturn—according to research —SMEs may find themselves competing with more prominent companies for fewer resources in terms of financing, customers, employees and more. Michael Hundeshagen, CEO of Sumaoptix GmbH , observed, “the biggest challenge SMEs face in a recession is cash flow,” in an interview. However, he added, “Many times, larger companies have access to resources that SMEs cannot, such as large amounts of credit or financial assistance from the government. This can make it difficult for an […]

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OXFORD, England, Jan. 20, 2023 /PRNewswire/ — Scott Bairstow has been appointed Head of Aerospace Business Development at Unipart Logistics. Scott brings an extensive Aerospace industry background and knowledge gained from over 15 years working in the sector in previous roles including Head of Programmes at Northwest Aerospace Alliance (NWAA) leading the Aerospace Supply Chain Excellence 2 programme and through his Business Development role at the Northwest Regional Development Agency (NWDA). Continue Reading Scott Bairstow (PRNewsfoto/Unipart) Scott Bairstow, Head of Aerospace Business Development, Unipart Logistics said: "The Aerospace sector is rebounding with positive optimism from the pandemic and is gearing up ready to embrace the challenge of the critical future Jet Zero targets (Department of Transport strategy to deliver Net Zero aviation by 2050) . "I am delighted to join Unipart Logistics and am excited to engage with new customers requiring innovative logistics solutions, based on the principles of process excellence, world-class safety and sustainability standards. "Applying these Unipart Way principles will enable Aerospace customers to achieve resilient, efficient, high-performing supply chains in response to the forthcoming sector challenges." Simon Wheelton, Director, Aerospace, Defence & Utilities, Unipart Logistics said: "Scott joins at a really exciting time for Unipart, following […]

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Fortescue Metals Group CEO Elizabeth Gaines poses for a picture after sharing her outlook on China’s steel production prospects, in Shanghai, China January 15, 2020. REUTERS/Emily Chow DAVOS, Switzerland, Jan 20 (Reuters) – Renewable energy is likely to eventually overtake Fortescue Metals Group’s (FMG.AX) iron ore business, despite strong tailwinds for the commodity ahead, the company’s former chief executive officer Elizabeth Gaines said at Davos. Fortescue would continue growing its iron ore business, but the scale of the world’s green energy transition would boost demand for renewable energy far more, said Gaines, non-executive director and global green ambassador at Fortescue, on the sidelines of World Economic Forum’s annual meeting in Davos. There’s no lack of ambition for growth in our iron ore business. But when you look at the scale of the green energy transition, it’s not unreasonable to think that ultimately renewable energy will probably outscale our iron ore business significantly," she told the Reuters Global Markets Forum. "I think we will see renewable energy play a very big part of our overall earnings in the future." Last year, the Perth-based miner said it would spend $6.2 billion to eliminate the use of fossil fuels and achieve "real […]

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Business leaders can gain valuable insights from history’s great military strategists. Martin Roger, an author and the former dean of the Rotman School of Management at the University of Toronto, suggests examining The Art of War by Sun Tzu. Although the text is more than 2,000 years old, Roger argues that it contains timeless philosophy that applies not only to the battlefield, but also to modern business strategy. To Roger, people often think business (and war) are all about numbers and hard data. But in reality, it’s often just as important to think about the more qualitative aspects of your company and its competition. That’s where philosophy and customer-focused design come into play.

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Amb Mustafa AmCham Remarks 01-20-2023 Remarks of Ambassador Mustafa “Rule of Law and the Business Environment in Bulgaria” Conference Sofia Good morning, ladies and gentlemen, Minister Zarkov, my friends, Ambassadors from Italy, France, Chargé from Germany, Ambassadors Meyer and Zarra, Deputy Head of Mission Röken, Mr. Matthew Murray, and Olivier Marquette. I am honored to have you here to share this stage today. I would like to start by thanking the American Chamber for organizing today’s event and I would like you all just to take a minute to absorb what you’re seeing today. Which is a gathering of the British, French, German, Swiss, Greek, Swedish, Italian business organizations. The fact that you have all of us here – this hasn’t happened before – to come together to talk about rule of law. Just take a minute to absorb that. In addition to having these entities, we are here with our partners, the Bulgarian organizations, who are also very involved in fighting for this issue – we are here with the members of the NGO community, we are here with members of the business community and other diplomats. I want to say thank you for continuing to make this […]

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Opinions expressed by Entrepreneur contributors are their own. Virtual Assistants are growing increasingly vital for modern businesses and starting your own virtual assistant business is a great opportunity for organized and energetic entrepreneurs. To help get you started, Melissa Smith, the founder and CEO of the Association of Virtual Assistants, will be sharing her tips and strategies for building a successful virtual assistant business. Melissa has extensive experience in this arena, having done virtual work on five different continents. In this webinar , you’ll learn: The first things you need to do to get started Where and how to get your first client How much to charge clients Top skills clients are looking for And so much more! Secure your spot today and get the guidance you need to get your virtual assistant business launched and thriving. About the Speaker: Melissa Smith is the Founder & CEO of the Association of Virtual Assistants and The PVA , a firm that matches clients with the right virtual assistants. She is also the best-selling author of two books, Hire The Right Virtual Assistant and Become a Successful Virtual Assistant . Additionally, Melissa also mentors for Remote-how Academy , the first global, […]

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Opinions expressed by Entrepreneur contributors are their own. Tesla owners can give you numerous reasons why they believe their vehicle is superior to other makes and models, many a diehard Apple user would simply never switch to an Android device… and you’ll likely never catch a Starbucks enthusiast skipping their morning Caffè Misto or Pike Place ritual. The results of such brands of customer engagement can seem over the top to some, but all business owners should take resulting lessons on the importance of attracting and developing raving fans. These loyal customers not only generate recurring revenue, but also positive buzz around products and services, and so influence other consumers’ buying habits. Why are raving fans critical to success? We all want customers to say nice things about our company, brand, products and services, but most business owners don’t understand how much of an impact that makes on the bottom line. Word of mouth drives approximately $6 trillion in global spending and roughly 13% of all sales. A majority of marketing experts ( 64% ), meanwhile, agree that word of mouth is the most effective (and inexpensive) form of marketing, especially when customers become brand ambassadors by sharing experiences […]

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Founder, CEO and CIO of HGM Fund , managing investments in the financial technology, health technology and communications industries. getty As record inflation keeps costs high and interest rates escalate , we’re all feeling tremendous financial pressure. On top of that, prices in the first half of 2022 rose far beyond expectations , putting a strain on budgets. As we start off 2023, no one is entirely sure where the market is headed. Typically, people look to the government for guidance during economic uncertainty. However, businesses can play a more prominent role in encouraging the deflation of the economy. We know that less demand leads to deflation. For example, gas prices plunged during the pandemic because everyone was forced to stay home, creating a drastically lowered demand for gas. So we can apply that same logic to things like energy costs, which gives businesses an opportunity to affect positive change in the economy. Here are four energy-saving strategies that businesses can apply to their operations. 1. Adopt a “work from anywhere” model. Many employers have brought people back to the office as the pandemic has subsided. However, if we were to transition to a hybrid model or even go […]

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