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"If a business makes $500,000 a year and it's a 3% fee just for credit cards? That’s a lot." Visa and MasterCard dominate the credit card market, controlling around 80% of transactions in the U.S.
In addition to the 600,000 establishments that typically close each year, an extra 200,000 companies shut their doors as a result of the... The Biggest Challenges Restaurant Owners, Small ...
International competition. Potential tariffs are also set to shake up the fashion industry. Incoming President Donald Trump threatened tariffs of 60% on Chinese imports, 25% on Mexico and Canada ...
New challenges in 2021, including the Delta variant and reduced access to the COVID-19 vaccine in developing countries, further exacerbated the recovery of global production even as the economies of wealthier, vaccinated regions, such as the United States and Europe, resumed their patterns of consumption.
After struggling to maintain business levels at its brand names Karstadt and KaDeWe, Arcandor sought help from the German government, and then filed for insolvency. Hypo Real Estate: Germany: 5 October 2009: Banking: Depfa, one of the companies subsidiaries ran into liquidity problems in 2008 as a result of the financial crisis.
Business risk implies uncertainty in profits or danger of loss and the events that could pose a risk due to some unforeseen events in future, which causes business to fail. [ 1 ] [ 2 ] [ 3 ] For example, a company may face different risks in production, risks due to irregular supply of raw materials , machinery breakdown, labor unrest, etc.
Jan. 9—Many local businesses are facing challenges with the recent COVID-19 surge. Some are juggling schedules or are forced to shut down temporarily as staff members get sick, and are seeing a ...
This list of global issues presents problems or phenomena affecting people around the world, including but not limited to widespread social issues, economic issues, and environmental issues. Organizations that maintain or have published an official list of global issues include the United Nations, and the World Economic Forum.