Archive for the ‘Business’ Category

The Affordability Triangle

July 14, 2010 - 10:14 pm No Comments

The income triangle is divided in 5 income classes from Class A, the top income bracket to Class B to E for the lower income brackets. Let’s say the triangle represents 1000 people. The top triangle, which is Class A, is 1/5 the height of the triangle and is 1/5 as wide. This represent 1/25 of 1000 or 40 people. The total of Class A and B is composed by 2/5 the height and 2/5 of the triangle, representing 4/25 or 160 people. Classes A,B and C is 360 people. Class A,B,C and D 640 people. Assuming Class A can afford US$1000, Class B can afford US$750, Class C, US$500 while Class D can afford US$250.

Assuming the financial crisis cause a 50% class degradation, meaning 50% or 20 people Class A becomes Class B while 60 people in the original B population becomes Class C, while 80 people in the original Class C become Class D and the 140 Class D become Class E. This produces a Class A population of 20 people, Class A and B population of 140 people, Class A,B and C population of 260 while Class D becomes 500 people. Thus, gross sales of US$250 widgets becomes a US$125,000, US$500 widgets is US$130,000, US$750 widgets is US$105,000 while US$1000 widgets has US$20,000. Thus, lowering prices in times of crisis is the best way to maintain profitability. However, reducing prices will require increased production to cover the larger market. Small Business Financing is the best way to do this. Small Business Finance loans provide instant capital for the needed increase in production. Business Finance allow business to cover most expenses.

Always there for me

July 7, 2010 - 10:53 am No Comments

Some financial problems can be solved with the help of our friends but most of the times when we need bigger amount of cash or when our friends have financial problems too as we do, Small Business Financing or Personal Loan is the best solution for that. For bigger amount of cash you need specially if you are a businessman, a Small Business Finance is the best solution for you.

Every time I have some financial problem, personal loans is what saves me always. With this way, I am not worrying to have my budget to become short because I have  something to lean on. For an employee like me, budgeting  the salary I am receiving is harder specially when I have need of emergency cash. Loans are always there for me to help. Even most of my friends who are asking my help when they also have financial problems, I keep on telling them to have loans and even Business Finance.

My friend’s business

March 19, 2010 - 10:19 pm No Comments

My bestfriend is planning to start a business and he is thinking of what kind of business can help him to earn more. His savings according to him are enough to start a small business. He is a fine arts graduate and he is good in designs. I told him to start a business that is related to his education and talent. He is presently employed on a printing company so he knows printing jobs on different canvasses. The earnings on his present job is not enough to support his family. His eldest son will start to study this coming school year and he knows that with his present earnings on his present job, he won’t be able to support his son’s needs on school. Even the days that his son is not yet going to school, he still finds it hard to budget his money for supporting his family’s daily needs. The electric bills, water bills, foods, his transportation allowance, milk for his children, diapers and others.

My bestfriend really needs to earn more than his earnings at present. So having business could be the solution for this. As I told him to start a business that is related to his education, talents and skills, he thought of having a castors and industrial wheels retail business. He is planning to buy some of this in an online store he found so that he can resell it for a higher price.  I know that my bestfriend can succeed on the business he is planning to start because I believe on his ability and skills. He will get lots of potential customers. I’m wishing for my bestfriend’s good luck on the business he is planning to start.If I’m going to assess what would be the result of the business that my bestfriend is planning, I can say that he will succeed because the business he is planning to start is much related to his knowledge and skills.

To have a good business

February 28, 2010 - 1:30 am No Comments

An important function in telemarketing is the ability to generate leads that are essential part of developing long-terms sales. Generating leads can be an important first step in build a lasting business relationship with your consumer.  However, some businesses are uncertain on how they should start developing leads.

Because of this, The List Company provides unique quality and integrity of the data for their customers to introduced for some businesses that are not familiar with the usefulness of a good marketing list.  And some of the products that they  offered are business lists, consumer mailing lists, response lists, list brokers and more.  To see what the science of data can do for your business, you can contact one of their free analysts for a free list consultation.

Maximizing Business Profits

November 10, 2009 - 9:59 am No Comments

Establish goals of the enterprise and develop plans to attain goals. Common to all business organizations is the pursuit of profit. They may vary in strategies of achieving or maximizing profits.

Organize people and other resources to achieve goals. Resources and activities of the enterprise must be grouped in such a way as to ensure efficiency and economy.

Lead and motivate people towards the goals of the enterprise. The entrepreneur must be a good leader and effective motivator. He must be able to stimulate his employees to give their peak performance for the best interest of the enterprise.

Maintain sufficient control system to ensure that the enterprise is moving well towards its goals. The entrepreneur must evaluate and regulate current activities to make sure that gaols are realized. In case activities are not on schedule or out of line, then corrective actions can be done.

The Small Business

August 19, 2009 - 2:30 pm No Comments

A small business is a business that is independently owned and operated, with a small number of employees and relatively low volume of sales. The legal definition of “small” often varies by country and industry, but is generally under 100 employees in the United States and under 50 employees in the European Union. In comparison, the definition of mid-sized business by the number of employees is generally under 500 in the U.S. and 250 for the European Union. Small businesses are normally privately owned corporations, partnerships, or sole proprietorship. In Australia, small business is defined as 1-19 employees and medium businesses have 20-200 employees.

In addition to number of employees, other methods used to classify small companies include annual sales , value of assets and net profit , alone or in a mixed definition. These criteria are followed by the European Union, for instance headcount, turnover and balance sheet totals. Small businesses are usually not dominant in their field of operation.The smallest businesses, often located in private homes, are called microbusinesses. The term “mom and pop business” is a common colloquial expression for a single-family operated business with few (or no) employees other than the owners. When judged by the number of employees, the American and the European definitions are the same: under 10 employees.

Business and Leadership

June 16, 2009 - 2:33 pm No Comments

The business community needs to rethink its role in the new economy. Business should provide leadership for the broader changes to come, not only through altruism but also through self-interest. The success of businesses will depend on the rapidity and smoothness of the societal changes that are being unleashed by the I-Way. Business in any nation-state can succeed only if it has a new-economy workforce—one that is educated, motivated, stable, and healthy. And domestic markets will be viable only if they are supportive of innovations, see the social benefit to themselves, and have confidence about their personal privacy.

Corporations have never lived in a social vacuum. The- have always had an interest in the sociopolitical environment.  Companies gave to charities, support political parties, invest in social projects.  Conversely, companies have been able to operate in unstable volatile environments, but that’s not where they put their head offices and key assets.  However, as the shift to the new economy gains momentum. the links between economic and social transformation become intense. The federal deficit is a tame problem compared to the potential social deficit lurking in the wings of a poorly managed transition to the new economy. Furthermore, as the world becomes a smaller place both for companies and customers such links grow on a global scale.

Digital Economy

May 14, 2009 - 3:05 pm No Comments

As networks proliferate and new companies and individuals innovate to create wealth (using the new infrastructure) knowledge is dispersing and along with it—economic and political power.

More than ever knowledge is power. In the emerging digital economy, what people know matters. What they know about new production processes. What they know about where to find information on organic bread or energy efficient heating. What they know about the occupational health or learning needs and services of their community.

Today, as most innovative organizations already understand, the capacity for knowledge in action is the predominant source of economic advantage. People are the source of knowledge in action. People are the prime engine of economic power. In innovative start-ups, such power can correspond to income and wealth. In larger companies there is still dissonance between contribution and rewards—between ownership of the new means of production and ownership of wealth. But as Miller says, the genie is out of the bottle.

Advertising

April 22, 2009 - 3:05 pm No Comments

A role will remain for advertising in the new environment but advertising in this on-demand world will be very different from that in the current broadcast world. Remote control devices already allow TV viewers to graze across the channels or mute advertisements, but in the new broadcast world customers can choose what advertisements they’ll experience.

There is good news in this scenario for both the sender and the sent. The best market for auto advertising is consumers who are looking for a vehicle. Such consumers will seek out advertisements about cars, and they want information amid the clutter. Consumers, for example, may want to compare standardized crash test results across different auto manufacturers. As a result, ads in the new environment will tend to become more factual and richer in content, downplaying the hyperbole. As advertisers become more like information providers, ad agencies which are solely in the business of creating hyperbole will need to readjust their strategies. In a disinter mediating world, they live a tenuous existence. The man or woman in the gray flannel suit is no more.

Browsing the Net

March 10, 2009 - 3:06 pm No Comments

High-bandwidth connections come in all shapes, sizes, costs, and acronyms. The specific connections available where you live depend quite heavily on exactly where you live within your city, state, and area of the country. Even though one of the high-speed services may be available in your city, you could discover that it isn’t in your neighborhood yet.

Don’t automatically assume that no high-bandwidth connections exist in your neck of the woods just because you live far away from a booming metropolitan area. Some of the coolest high-speed projects take place in smaller, more rural cities, because those areas understand the economic importance of the online world better than their big-city brethren.  Cost and ease of installation also vary wildly around the country.  Just because companies sell the technology doesn’t mean they know how to install it yet. Big businesses, with their equally big budgets, need more speed than these connections provide, so those folks are on their own.