Labor and Inflation Inflation and the rising cost of talent are expected to drive up labor costs in 2022 and beyond, which could impact growth as companies compete for skilled talent. It could also lead to offshoring at earlier stages of the development life cycle. With a workforce that continues to be largely remote or dispersed, organizations face new operational and regulatory challenges as well as opportunities to mitigate rising labor costs. communications and media, and medical technology (Medtech), could improve the ability to innovate and raise nondilutive capital. Capital markets remain available to emerging and growth- stage companies, including initial public offerings (IPOs), special purpose acquisition companies (SPAC), and institutional investors, which increases the ability to raise funds and accelerate growth. Funding Federal funding for certain sectors, such as Start-up Growth The costs to launch a business by leveraging infrastructure could continue to decrease, which would give emerging
and growth-stage technology companies the opportunity to grow. Companies are accelerating through the traditional stages of a business life cycle—from emerging to growth to mature—which also accelerates the need to build infrastructure and manage the risks and opportunities presented to them. Technology Companies are driving the increased demand for System and Organization Control (SOC) examinations, Federal Risk and Authorization Management Program (FedRAMP) assessments, the need to better understand their IT environments, systems integration, and cybersecurity to ensure services provided to their customers are technologically advanced. Taxes There are over 9,000 state and local jurisdictions that impose taxes on businesses, and their rules are in constant flux. Tax changes and regulation continue to be a challenge for companies. The need for organizations to stay informed, be compliant, and minimize exposure is predicted to continue. n
BIG CLEANUPS REQUIRE A BIG BIN
LIFE CAN BE A MESS. The boxes in the garage you’ll get to “someday.” The attic full of “treasures” you no longer treasure. Even the everyday stacks and piles can seem overwhelming. A temporary cleanup bin from Rogue Disposal & Recycling can be a great solution. Each five-yard bin holds roughly the same as thirty 32-gallon trash cans. You can schedule the bin for up to three nights, and the cost includes delivery, removal and one dump of the bin. Bigger bins are available too. Cleaning day has never been easier.
roguedisposal.com
19
April 2022 | The Business Review
Made with FlippingBook - professional solution for displaying marketing and sales documents online