But despite all the gloom, the U.S. Securities and Exchange Commission delivered good news in November, when it voted to approve increasing the amount entrepreneurs can raise using investment crowdfunding platforms. The new rules went into effect in mid-March.
The COVID-19 pandemic shutdowns had a drastic impact on many small businesses. Two rounds of Paycheck Protection Program loans provided critical support, but in early May, the funding dried up for most.
Tokenism is the practice of making only a perfunctory or symbolic effort to do a particular thing, especially by recruiting a small number of people from underrepresented groups in order to give the appearance of gender or racial equality within a workforce.
Business leaders constantly strategize on ways to stretch their resources. Turning to a fractional service model can benefit an organization in several ways.