Meet The Insurance Company Against Bear Markets, How Bill Gates-Backed Republic Services Turns Waste Into Big Money And More For Small Business Owners

Meinflation continues to affect small businesses. Others 85% of small business owners Surveys showed inflation sensitivity, with 67% raising prices in response to lower prices, according to data from MetLife and the US Chamber of Commerce.

Although fear has been falling for a long time, Forbes Contributor Rohit Arora writes that inflation is a regular occurrence and small business owners should be prepared. Here’s how Main Street can survive inflation and the coming recession.

Many businesses are cutting back on unnecessary expenses and thinking of new ways of doing business. However, sometimes the best time to sell is when the world is breaking. This is true for Simplify Asset Management, which sells insurance against bear markets. Paul Kim and David Berns founded Simplify Asset Management, which invests in mutual funds that protect portfolios from risks such as stock market crashes and rising interest rates.

Although the 23-employee company is not in the black, Kim hopes it will be soon. “ETFs are like a movie studio,” Kim said Forbes. “You’re looking for a blockbuster to help the business.” He wouldn’t agree to pray for a catastrophic bear market in stocks or bonds, worse than the ones we’ve had, but such an event could produce a blockbuster, he writes. Forbes Senior assistant William Baldwin. Read more about the company here.


A Case Study

How Bill Gates-Backed Republic Services Turns Waste into Big Money

Garbage was a very successful business until a young McKinsey consultant saw how Republic Services could be turned into a profit-making machine by pricing all types of waste at a higher price. He is now the CEO of the most successful giant, which had sales of $11.3 billion in 2021 thanks to 198 landfills and 71 recycling centers and collection systems in 41 states.

Key words: “Garbage is more important than we think.” – Said Jon Vander Ark, CEO of Republic Services


You Should Read Through Forbes

Signs are mounting that a recession is imminent: The Fed raised interest rates again last week, the economy contracted in the second quarter, and in the face of it all, the primary income decreased significantly. This makes it very attractive for companies that continue to grow. Take business-to-business payments app Balance, for example, which raised its valuation to $356 million after a recent funding round that brought in $56 million.

The little-known CEO of Goldman Sachs-backed logistics software company Slync.io was being big a few weeks ago, flying in his private jet to private golf courses and buying luxury cars. But now, the 34-year-old executive, Chris Kirchner, has been suspended from his post Forbes an investigation that found some workers had not been paid for nearly two months and were fired after raising questions about the company’s finances.

Many of the most valuable startups in the US were founded by immigrants, according to a report released last month by the National Foundation for American Policy, which was written by Forbes Assistant Stuart Anderson. In fact, 64% of US unicorns – independent companies valued at $1 billion or more – were started by immigrants or the children of immigrants.

If you want to grow your small business’s customer base, one thing you should be sure to do is build a good reputation on Google—over 60% of customers check Google reviews online before starting a business. . Here’s what you can do to make your reviews more diverse and powerful.

About 100 black-owned businesses set up shop Sunday afternoon in the nation’s capital last month for the city’s first “Black on the Block” festival. In keeping with the tradition that started in Los Angeles last year, the team will take over Franklin Park, which was held in collaboration with Buffalo Bills wide receiver and DC native Stefon Diggs, and attracted about 5,000 people. Read more here.