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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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Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market, according to official figures. The Office for National Statistics (ONS) said the rate of UK unemployment rose to 4.3% in the three months to March, which is the highest since May to July last year and up from 4.2% in the previous three months.
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Usapang KathDen tayo, nagpaalala si Alden Richards kaugnay ng ilang tweets na kumakalat tungkol sa kanila ni Kathryn Bernardo!<br/><br/><br/>24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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This is the Met Office UK Weather forecast for the week ahead 13/05/2024. With low pressure dominating the UK weather scene there’s going to be rain around and indeed some heavy showers should be expected this week. But In late Spring between the showers when the sun is out there’s warmth to be had too. Bringing you this weekend’s weather forecast is Alex Deakin.
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A new study, Conducted by Talker Research for Office Depot found that 1 in 4 female small business owners has taken a pay cut in the past year.
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Walmart is cutting hundreds of corporate jobs and asking most remote workers to move back into offices. The retail giant is shutting smaller offices in cities like Dallas, Atlanta, and Toronto, asking staff to relocate to hubs like Bentonville or Hoboken. Workers must be in offices most of the time but can work remotely part-time. Walmart employs over 2 million people globally as of January 2024. The company has been shrinking its workforce and expects 65% of store tasks to be automated by 2026.
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Outbreaks of rain affecting southeast England move westwards across central England and northern Wales. Southwest England should see mostly cloud with a few showers. Elsewhere remains fairly bright with the occasional shower. – This is the Met Office UK Weather forecast for the afternoon of 16/05/24. Bringing you today’s weather forecast is Alex Burkill.
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A missing person, Sekar (MS Bhaskar), who is running against time to settle the dues to get back his mortgaged property| dG1feXhLb0dGbzJCd1k
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