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How Your Business Can Create an Employee Volunteer Program

Corporate social responsibility programs are essential to businesses not only from the perspective of their customers but also because of today's workers. Workers are pushing multi-national corporations and smaller mom and pop shops toward CSR. One of the best things you can do for your team is to create an employee volunteer program, which will help you hire and retain the best talent. It's also a way to demonstrate that your business understands how it's vital for all types of organizations to be involved in making a social impact. In turn, this will enhance morale within your company and broaden your brand and the base of people and groups that interact with it.Many years ago, I had dinner with a high-powered and wealthy finance professional. The financier told me that after spending a ...
Business

The Burn Rate

In the surety underwriting business, we are forward looking. Bond decisions are based on a variety of factors including "The Four C's of Bonding" (Read Secret article #5). Surety capacity levels are determined and used as a guideline to administer the account. That all makes sense.However, the forward looking analysis makes assumptions - that may or may not be correct. If they are incorrect, the outcome could be devastating for the contractor and surety.In this article we will delve into an aspect of evaluation used extensively by investors, but not so much by bond underwriters. It is called the Burn Rate.Here is the internet definition:Burn rate is the rate at which a company is losing money. It is typically expressed in monthly terms. E.g., "the company's burn rate is currently $65,000 p...