4-25-23 - The Balanced Scorecard: Focus On What’s Important

FEATURE
The balanced scorecard is a tool that any small business can use to focus on the important areas of operations, as well as finances, linking them to specific goals to generate better outcomes. The scorecard moves beyond just the typical financial metrics and aligns daily activities with the company’s overall strategy.
https://hbr.org/1992/01/the-balanced-scorecard-measures-that-drive-performance-2
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NEWS ROUNDUP
1
Small businesses are hiring only temporary, part-time workers and contractors at a record high rate of 25%.
https://www.alignable.com/forum/smbs-hedge-bets-on-recession-contract-part-time-hiring-up-to-new?from_topic=polls
2
The Small Business Regulatory Flexibility Improvements Act would force federal regulators to more accurately disclose the total impact of all new rules on small businesses.
https://cei.org/blog/regulatory-reform-in-the-118th-congress-small-business-regulatory-flexibility-improvements-act/
3
The United States Patent and Trademark Office (USPTO) has reduced fees for small and micro entity patent applicants as part of a Congressional effort to lower the barriers to obtaining patents.
https://www.natlawreview.com/article/2023-patent-fee-reductions-and-trademark-response-period-changes
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