Business Video Roundup: Retail Advice from Crate & Barrel CEO, Essential Books & More
In this week’s business video roundup, Patrick Bet-David recommends five essential books to read as we head into the new year, Gary Vaynerchuk dispenses wisdom to followers at an event at Wine Library in New Jersey, and Crate & Barrel CEO Janet Hayes reveals her illuminating perspective on navigating these turbulent times for the retail industry. Plus, Forbes takes a look at whether remote work will see a decline in 2023 as more workers return to the office, while one lucky business owner gets a $2 million investment offer on Entrepreneur Elevator Pitch. Merry Christmas and happy holidays, everyone! Stay warm and safe!
Patrick Bet-David: 5 Books to Read Going Into 2023
Five great books you should read this winter, according to Patrick Bet-David, that will help you on your journey into the new year and beyond, no what level you’re at as an entrepreneur.
GaryVee: 12 Minutes of My Best Advice
Gary Vaynerchuk takes a trip back to his dad’s store (New Jersey’s Wine Library) for a chance to connect with friends old and new. He answers questions and dishes out some warm-hearted advice to aspiring entrepreneurs, artists, and business owners.
Crate & Barrel CEO Janet Hayes on Navigating Turbulent Times for Retail
As part of Harvard Business Review’s “The New World of Work” series, Crate & Barrel CEO Janet Hayes reveals some fascinating insights into how the pandemic has changed consumer behavior and how her company has managed to weather the storm by staying true to its core values.
Forbes: Remote Work on the Chopping Block – Will Workers Return to the Office in 2023?
While the last couple of years has seen a rise in businesses embracing remote work, there’s evidence to suggest that the tide may be turning yet again. Will 2023 see a huge influx of workers heading back to the office? Forbes’ Emmy Lucas looks into it.
Entrepreneur Elevator Pitch: Turn Down a $2 Million Investment Offer?
The latest episode of Entrepreneur Elevator Pitch features the show’s biggest offer yet. Which business will it be? Backyard Bev Co (all-natural cocktail mixers), Bad Kiss (women’s lingerie), Fit Oven (instant healthy meals out of a vending machine), Skinthetix (skin-kind apparel for people who have undergone laser hair or tattoo removal), or Otis Dental (custom teeth night guard)?
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
How Factoring Works for a Small Hot Shot Trucking Company
Hot shot hauling is one of the fastest ways to put a truck to work, but it comes with a built-in cash flow trap: you pay for fuel, insurance, and your truck note in real time, while brokers and shippers pay you on their schedule. Invoice factoring closes that gap. Here is exactly how the process works for a small hot shot operation.
The Cash Flow Problem Every Hot…Can Factoring Help Me Make Payroll on Time?
Yes. If making payroll is the specific worry that brought you here, invoice factoring is one of the fastest, most reliable ways to solve it. Factoring converts your unpaid invoices into cash within about a day, so you can make payroll on time no matter how slowly your customers pay.
For a lot of business owners, “can I cover payroll this week?” is the single most stressful question…
How Does Invoice Factoring Affect My Business Credit?
This is a thoughtful question, especially if you’re trying to build your business credit carefully. The short answer is that factoring is generally gentle on your credit profile — and in some ways can help it — but there are a few nuances worth understanding.
Start with the most important point: factoring is not a loan, so it doesn’t add debt to your business credit profile the way…
