Welcome to the Small Business Run Down. Each day, we bring you stories and trends that impact small business owners and their workforce.
Today, online prices take a bite out of retail, Colorado adds apprenticeships for healthcare, and overexertion is a pain in the workforce.
Online Prices Are Killing Small Businesses
Everyone loves a bargain. But the bargain-hunting taking place online through e-commerce is having terrible effect on local small businesses, who can’t afford to keep up.
The Number: 3.65. The amount of time merchandise was sold at regular prices fell to 3.65 months in 2014-2017. It was 6.7 months from 2008-2010.
The Quote: “They think, if I go to a store with a $500 budget, I can get what I want. That’s not even my wholesale cost.”
Colorado Adds Apprenticeships for Healthcare
The state of Colorado is announcing an adult apprenticeship program for people who want to work in the healthcare industry. It’s using a $12 million grant from the Federal government to fund the project.
The Number: 5,000. 5,000 apprenticeships will be available through the program.
The Quote: “In this ‘earn while you learn’ model, individuals will earn college credit, make a livable wage and gain valuable work experience, reducing out-of-pocket costs for education and the time required to earn a credential.”
Overexertion is a Pain in the Workplace
Turns out, the number one source of injuries in the American workplace is overexertion. Thankfully, there are a number of tips on how to prevent these ailments.
The Number: 33.5%. The number one cause of workplace injuries is overexertion, which resulted in 33.5% of all incidents.
The Quote: “While we often find ourselves sitting in a forward flexed or bent position throughout the day at our desk, driving or with home activities, we can make the choice to sit in a more effective and less demanding position to benefit our health.”
When You Regret Hitting Send on a Job Offer
Taking back a job offer has real-world implications. Check out what you need to know before you rescind a job offer letter.