Scott Yahraus, America’s Leading Business Turnaround Specialist, Offers Strategies to Help Companies Navigate the Pandemic Economy

LOS ANGELES, Oct. 13, 2020 /PRNewswire/ — Scott Yahraus (www.scott4business.com), America’s leading expert in business turnarounds and dispute resolutions, was featured in an article in Business Management News offering strategies to help companies successfully navigate this current economic storm.

In an article titled, “How to Save Your Business During these Challenging Times,” Yahraus offers 7 ways that business owners and senior executives can create an environment that is less susceptible to the merciless impact of the Covid economy.

“America is going through its worst economic times since the Great Depression. Millions are out of work. Thousands of businesses have closed – at least temporarily,” the article stated. “Make sure your business isn’t one of them.”

The first piece of advice Yahraus shares is perhaps the hardest to swallow. “Know when to pull the plug,” he states. “There could be an opportunity for you to merge or acquire a competitor

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‘Microloan’ helps East Bay family-owned business bounce back during pandemic

By some estimates, about 6,000 businesses have closed in the Bay Area since the COVID-19 pandemic began in March about half permanently.

‘Microloan’ helps East Bay business survive pandemic

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Minority and women-owned businesses are among them. However, they’re getting help with something called “microloans” from nonprofit lenders. They’re small loans that can help them to survive.

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RELATED: $5,000 in grant money being offered to help small businesses in SJ, SF gear up for winter

This was supposed to be the best year yet for Alicia’s Tamales Los Mayas. The family-owned business was selling 40,000 tamales per month with contracts to sell to Facebook, Google, Twitter and Chase Center. Then the pandemic hit.

“We lost all our business all at once. And I could say like 95% of our business is gone,” said founder Alicia Villanueva.

Villanueva, her husband Pedro and their son started

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How the pandemic is affecting travel trends and the economy

  • Despite more trips by automobile, gasoline demand is still below pre-pandemic levels.
  • Spending patterns are changing as more Americans stay closer to home for vacations and choose road trips over flying.

By Debbie Carlson for CME Group

Americans are choosing road trips over flights as they choose a safer-perceived way to vacation, and that’s having an economic impact, say analysts who follow the travel and retail industries. The phenomenon is expected to last at least through the end of 2020, if not early 2021, but it remains to be seen if this is a structural change in consumer habits.

Omer Rabin, managing director at Guesty, a property management software firm used for short-term rentals, says they are seeing several travel trends. Trips are shorter distanced, generally about 100 miles away, and reservations are very last minute. They’re also seeing travelers repeatedly book the same units, with those stays growing from

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Don’t believe the hype: Trump’s economy was plummeting even before the pandemic

There’s fresh evidence that the robust economy Donald Trump inherited from Barack Obama was faltering before the pandemic.

State personal consumption spending growth slowed sharply in 2019 compared to the year before, the federal Bureau of Economic Analysis reported Thursday morning. The growth rate plummeted by a fifth.

Personal expenditures grew in 2019 but by only 3.9%, down from 4.9% in the previous year.

This official data came just hours after Mike Pence told a whopper about American incomes during the vice presidential debate Wednesday night, a lie that escaped the notice of our major news organizations. That’s because no official announced the numbers and mainstream journalists rely way too much on what officials tell them instead of doing their own analyses of official government data.

Pence said, “the average household income for a family of four increased by $4,000 following President Trump’s tax cuts.”

Incomes down, not up

In

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Did Trump Add 11.6M Jobs to U.S. Economy During Pandemic?

U.S. Election Day is Nov. 3, 2020. Check your state’s vote-by-mail options. Browse our coverage of candidates and the issues. And just keep fact-checking.

Facing Democratic rival U.S. Sen. Kamala Harris for a debate in October 2020, Vice President Mike Pence attempted to give credit to his boss, President Donald Trump, for developing policies that rebounded the economy after unprecedented losses due to the COVID-19 pandemic.

In particular, Pence said the U.S. workforce added millions of jobs since the early days of the outbreak because of Trump’s fiscal and regulatory policies. He said:

We’re going through a pandemic that lost 22 million jobs at the height, we’ve already added back 11.6 million jobs, because we had a president who cut taxes, rolled back regulation and unleashed American energy, fought for free and fair trade. […] We literally have spared no expense to help the American people and the American

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The consultants in high demand during the pandemic and their salaries

  • The management consulting market declined by $30 billion due to decreased client demand during the coronavirus pandemic, but certain areas are still growing. 
  • Experts told Business Insider that technology, healthcare, and strategy consulting remain steady areas of growth for major firms like KPMG, McKinsey, and Boston Consulting Group.
  • Consultants with specializations in digital transformation, corporate turnarounds, and cybersecurity are in higher demand right now. 
  • Here are the practice areas that will expand in response to the coronavirus and how much they pay. 
  • Visit Business Insider’s homepage for more stories.

If you’re looking for a job in management consulting right now, it pays to be in a booming sector. 

The coronavirus pandemic has upended the management-consulting industry. The market for consultants has declined this year to an estimated $132 billion from $160 billion because of decreased client demand, according to research platform Statista. The crisis put a strain on corporate budgets,

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Champion of poor or demagogue? Mexico’s president remains popular despite stalled economy, pandemic and crime

The Mexican economy is cratering, homicides are rising at a record rate, and the COVID-19 death toll has surged past 80,000.



a group of people flying kites in front of a crowd: A member of the National Anti-AMLO Front holds up a Mexican flag during a protest against Mexican President Andrés Manuel López Obrador in Mexico City's zócalo square on Sept. 23. (Pedro Pardro / AFP/Getty Images)


© Provided by The LA Times
A member of the National Anti-AMLO Front holds up a Mexican flag during a protest against Mexican President Andrés Manuel López Obrador in Mexico City’s zócalo square on Sept. 23. (Pedro Pardro / AFP/Getty Images)

For any other leader, the torrent of bad news might herald a political reckoning. Not for President Andrés Manuel López Obrador.

Yes, protesters have been camped out in downtown Mexico City calling for his resignation and drawing outsized media attention.

But the left-wing populist saw his approval rating rise from 56% in June to 62% in September — according to polling by El Financiero newspaper — making him one of the most popular leaders in the world.



Mexican President Andrés Manuel López Obrador rings a bell as he gives the annual independence shout from the balcony of the National Palace to kick off the Independence Day celebration at the zócalo in Mexico City on Sept. 15. (Rebecca Blackwell / Associated Press)


© (Rebecca Blackwell / Associated Press)
Mexican President Andrés Manuel López

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What Pandemic? One Survey Says 69% Of Global Travelers Plan To Fly Soon

Seven months since COVID-19 was officially designated a pandemic by the WHO, its effect on global travel and the airline industry in particular remains severe. Although more flights are running now than at the lowest points in April, global airline capacity is currently down 47% from this time last year. Looking at the statistics page for flights tracked on Flightradar24, the 7-day moving average for commercial flights has remained flat since early August. The latest 7-day average stands at just shy of 69,000.

In many ways it’s surprising the number of flights is even that high. With ongoing uncertainty around travel restrictions and quarantine requirements, and a hesitant approach by many governments toward launching any

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Enterprise Resource Planning Software Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio

LONDON–(BUSINESS WIRE)–The global enterprise resource planning software market to register an incremental growth of USD 19.52 billion, witnessing a CAGR of almost 9% during 2020-2024, according to the latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the enterprise resource planning software market in optimistic, probable, and pessimistic forecast scenarios.

Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of Enterprise Resource Planning Software market. Download free report sample

Amid the COVID-19 Crisis, the Revaluated and Updated Enterprise Resource Planning Software Market Report Says:

  • The enterprise resource planning software market will witness a Positive and Superior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic.
  • Due to the extensive spread of the virus across the globe, the Information Technology industry is anticipated to have Mixed and Direct impact
  • Furthermore, as per Technavio’s
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Pandemic or No Pandemic, Customer Loyalty is Paramount

DUBLIN, Oct. 8, 2020 /PRNewswire/ — The “Loyalty Management – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

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Pandemic or No Pandemic, Customer Loyalty is Paramount. Loyalty Management to Reach $9.2 Billion

Customer Relationship Management or CRM is one of the most important aspects for almost all businesses and this is what is going to drive the global loyalty management market worldwide. Customers in this digital era hold the power to choose from the multitude of options available to them. It is therefore important for businesses to identify and pursue means for retaining customers.

However, retaining customers is not an easy task. There can be several challenges which organizations would be required to overcome. There are however, certain common practices that businesses follow for customer retention. Creating a system of rewards, based on past purchases is one such practice. Incentives provided

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