The U.S. economy shrank 32.9 percent in the second quarter due to the pandemic, according to Commerce Department's latest data. But Americans are actually spending more while earning less: In May, consumer spending increased 8.2 percent while personal income decreased 4.2 percent.

Attaining the status of "thought leader" is an elusive goal that many business leaders and executives strive for. However, with the right tactics, along with dedication, patience, and education, you may be able to successfully influence others in your respective field and become a reliable source of insight and information.

Adaptability, hustle and momentum are everything, especially in today’s competitive, ever-changing technological environment. If only your employees would spend fewer hours on social media and more time perfecting their individual crafts, your business would easily outpace less efficient competitors, allowing you to live the entrepreneurial dream you’ve always wanted.

A resolution is a decision to do something that will improve your life or your situation in some way. In your business, you may resolve to become more focused on sales, to become more productive or to expand your team. There are many types of resolutions small business owners can make. But a decision on its own is meaningless. It's when you create a plan that focuses on obtaining the desired results of your decision that the magic happens.