It’s almost that time of the year again! The holiday season is edging forward, and with it comes the need to think about how to prepare your business for sales in order to enjoy a big uptick.

Small businesses make the majority of their money from around Halloween to New Year’s. With holidays like Black Friday, Cyber Monday, and Christmas peppered in between these two holiday season bookends, you should start preparing now for the holiday sales coming up.

On average, consumers spend around $1,000 during the holiday sales seasons. This is a figure that has been steadily rising over the past decade.

Even during the 2008 Great Recession, the amount people spent over the holidays only dipped slightly. While it’s likely that there will be a similar dip this year due to the pandemic, it’s still going to be a major chunk of the annual sales your business makes.

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(Bloomberg) —

The top-ranked forecaster of the Australian dollar sees the currency’s remarkable rally losing steam as a rebound in iron ore prices and Chinese manufacturing cools.

Jason Schenker, the Texas-based president of Prestige Economics LLC, projects the Aussie will edge about 1.5% higher to 73 U.S. cents by year-end and to 74 cents in early 2021. That’s after it surged more than 30% from an 18-year low in March.



Jason Schenker wearing a suit and tie smiling at the camera


© Bloomberg
Jason Schenker

Jason Schenker

Source: Prestige Economics

“You’re not likely to get this catapult up two years in a row,” said Schenker, who worked at McKinsey & Co. and Wachovia before starting his own company. “We’re still expecting positive growth but there’ll be some deceleration,” he said of the currency.

Schenker hasn’t set foot in Australia or China during his 16-year run of forecasting the Aussie. Instead, he puts greater store in studying key commodities and factory gauges

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NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to issue the following Letter to Shareholders on behalf of the CEO:

Dear Valued Shareholder,

This is an exciting moment in the history of Sugarmade. We have assembled the building blocks of a coherent and cohesive strategic vision, and we are more grateful than ever for your continued patience, commitment, and support as we put in motion key next steps to manifest that vision and drive strong and sustained shareholder value as a key emerging leader in the California cannabis marketplace.

Today, I want to highlight two themes that will help to drive our value proposition for shareholders over the intermediate term: geographic expansion for BudCars and our move to vertically integrate through the establishment of cultivation operations. Together, they represent tangible catalysts driving both top and bottom line

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Headwinds Ahead Of Cintas

The COVID-19 pandemic led to increased sales of healthcare and hygiene-related products for Cintas Corporation (CTAS). The volume growth, particularly for new programs, was aided by the opportunities to cross-sell products and services from its different business units. In Q1, its operating margin saw a significant margin expansion due to tighter expense budget and cost control. As a result, the stock price returns outperformed the SPDR S&P 500 ETF (SPY) in the past year.

However, many of its customers may continue to lowball operating activities following the uncertainty over the recovery. The company will likely increase the expense on marketing and sales, which will reduce the margin in the coming quarters. Its debt-to-equity is higher than some of its competitors – a warning signal in the current environment. I think the stock price has a slight negative bias in the short-term, although I also expect the

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  • Apple is holding a big event on October 13, and its new iPhone 12 lineup is expected to be the main attraction.
  • It’s shaping up to be a major launch for Apple, as some analysts say this could be the company’s biggest upgrade cycle in years.
  • Several other products are rumored to be in Apple’s pipeline, but this event is expected to squarely focus on the iPhone.
  • The one exception may be the introduction of a cheaper new HomePod speaker. 
  • Visit Business Insider’s homepage for more stories.

Apple announced two new Apple Watches last month, but it’s far from being finished when it comes to new product launches for the year.

The company is holding an event on October 13, where it’s widely expected to unveil four new iPhones and possibly a new HomePod.

The iPhone 12 launch is expected to be the main attraction during Apple’s big event. Apple

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Kelly Rippon is an author, professional speaker and proud mother of six. For National Coming Out Day, she wrote a letter to her eldest son, figure skating Olympic medalist Adam Rippon, to share her pride and what other parents can take away from their experience.

Dear Adam,

You may be wondering why I am writing you a letter when we text and talk several times a week. You may also wonder why sometimes, after hanging up after an hour-long conversation on one of your homebound commutes, I will call you back within minutes and say, “Before I forget to tell you …”

MORE: Take it from Olympic athlete Adam Rippon: ‘Don’t put a limit on your dreams’

Lately I have felt an overwhelming sense of urgency and stopped assuming thoughts I want to share can wait to be said until next time. The life-altering conditions brought on by the pandemic

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Just how much money do Phillies have coming off their books this offseason? originally appeared on NBC Sports Philadelphia

The Phillies have a substantial amount of money coming off of their books this offseason — more than $60 million with the expiring contracts of four players in Jake Arrieta, Didi Gregorius, David Robertson and J.T. Realmuto.

From a luxury tax perspective, those four expiring average annual salaries equal $60.5 million.

Jose Alvarez ($2.95M), Phil Gosselin ($1M) and Tommy Hunter ($850,000) reach free agency too, clearing up another $4.8 million.

That’s over $65 million that was applied to the Phillies’ 2020 luxury tax threshold that won’t be applied in 2021. That’s a ton of wiggle room for the Phillies to accomplish what needs to be accomplished this offseason by signing Realmuto, adding pitching and potentially bringing back Gregorius.

Beyond that $65 million, the Phillies can clear even more money if they

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KEY POINTS

  • Trump accused Democrats of holding $1,200 stimulus checks hostage to aid for cash-strapped state and local governments
  • The president is still recovering from COVID-19 and is taking a steroid that interferes with thought processes and causes aggression
  • Trump’s shift in direction comes as the recovery from the coronavirus-induced recession appears to be losing steam

After putting the kibosh on further coronavirus stimulus negotiations, President Donald Trump Wednesday urged Congress to send him a trimmed-down measure that would provide $1,200 payments to individuals, along with funds to shore up the airlines and small businesses.

Trump sent the Dow Jones Industrial Average into a more than 375-point dive Tuesday, tweeting he had ordered an end to negotiations between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. The two sides were more than $500 billion apart on the size of the next round of stimulus. The president said there would

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Donald Trump wearing a suit and tie: New stimulus bill


© Provided by BGR
New stimulus bill

  • President Trump stunned everyone on Tuesday, when he tweeted that he’s asked his negotiators to halt all talks toward agreement on a new stimulus bill.
  • Officials in Washington and Wall Street alike expressed alarm at this move, coming as it days less than a month before Election Day 2020 and still in the midst of the coronavirus pandemic that’s resulted in millions of Americans losing their jobs.
  • Later in the evening on Tuesday, Trump surprised everyone again, tweeting a bit of an about-face — clarifying that he’s actually in support of approving new $1,200 stimulus checks right now.

Anyone on Tuesday who was trying to follow one of the big will-they-or-won’t-they storylines that’s been playing out in the nation’s capital for two months now — the maddening negotiations over a new coronavirus stimulus bill that includes funding for more $1,200 stimulus checks —

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ORLANDO, Fla. (AP) — At least a quarter of the 28,000 layoffs planned for Disney’s parks division will come from Florida, according to a letter the company filed with state and local officials last week.



FILE - In this March 13, 2020 file photo, visitors take photos at Disneyland in Anaheim, Calif., the last day the park was open due to the COVID-19 pandemic. Theme park industry leaders in California say they aren't pleased with proposed reopening guidance being considered by Gov. Gavin Newsom's administration. Erin Guerrero, executive director of the California Attractions and Parks Association, said amusement park leaders wanted changes to a draft they reviewed on Thursday, Oct. 1 and asked Newsom to continue conversations with industry leaders before finalizing the rules. (AP Photo/Amy Taxin, File)


© Provided by Associated Press
FILE – In this March 13, 2020 file photo, visitors take photos at Disneyland in Anaheim, Calif., the last day the park was open due to the COVID-19 pandemic. Theme park industry leaders in California say they aren’t pleased with proposed reopening guidance being considered by Gov. Gavin Newsom’s administration. Erin Guerrero, executive director of the California Attractions and Parks Association, said amusement park leaders wanted changes to a draft they reviewed on Thursday, Oct. 1 and asked Newsom to continue conversations with industry leaders before finalizing the rules. (AP Photo/Amy Taxin, File)

The letter said that at least 6,390 nonunion Disney employees in Florida will be laid off starting

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