27th January
2012
In my 2009 book, Business Decisions!, I discussed the exceptional decision made by Ford in November 2006 to borrow $23.6 billion to get the cash necessary to weather the storm of a potential business downturn. The company mortgaged everything, including its logo. It wasn't forced to borrow the money; it made a strategic decision to be prepared. Yesterday, Ford announced that it made a $2.6 billion profit, its fifth consecutive profitable quarter. Its two major domestic competitors, GM and ...Read the rest of this entry »
Business
26th January
2012
The online Social Networking market is emerging from an immature period of competitive dislocation to one of market maturity, in which clear user needs and platform value propositions have emerged, paving the way for incumbency, scalability and successful monetization. Not just another 'how to make money via social networking; report, 'Monetizing Social Networking' is a thorough examination of the totality of emerging value chains, quantifying commercial opportunities along the value chain. It ...Read the rest of this entry »
Business
25th January
2012
When you create your profit and loss statement to assess the
health of your business, you will see:
Sales minus Cost of Goods Sold equals Gross Profit.
You pay for all of your expenses with the gross profit. If you
are finding that your gross profit is not enough to cover your
expenses, you have two options, you can either raise gross
profit by increasing sales or lowering cost of goods sold, or
you can lower your expenses. Certainly, that's an over
simplification, the art of business ...Read the rest of this entry »
Business
24th January
2012
I don't want to lock my money into super
Two alternative strategies that many investors consider are:
' borrowing to invest (i.e. entering into a gearing strategy), outside super; and ' increasing pre-tax contributions to super and investing in the superannuation environment.
Which is best? The comparison is not straightforward, but is often hijacked by raising the issue that your money is "locked away" in super. For those some years away from being able to access their super, this is often a ...Read the rest of this entry »
Two alternative strategies that many investors consider are:
' borrowing to invest (i.e. entering into a gearing strategy), outside super; and ' increasing pre-tax contributions to super and investing in the superannuation environment.
Which is best? The comparison is not straightforward, but is often hijacked by raising the issue that your money is "locked away" in super. For those some years away from being able to access their super, this is often a ...Read the rest of this entry »
Business
23rd January
2012
The epidemic of corporate downsizing in the U.S. has made owning
a business a more attractive proposition than ever before. As
increasing numbers of prospective buyers embark on the process
of becoming independent business owners, many of them voice a
common concern: how do I finance the acquisition? Prospective
buyers are aware that any credit crunch prevents the traditional
lending institution from being the likely solution to their
needs. Where then, can buyers turn for help with what is ...Read the rest of this entry »
Business
22nd January
2012
In the wake of the terrible tragedy in New York and at the
Pentagon, perhaps we need to reevaluate the way we handle and
position our workforce. The World Trade Center was a huge target
containing a congregation of thousands of individuals and
hundreds of companies. In such a situation, in many cities, the
idea of implementing a telecommuting strategy to decentralize
the workforce would not only save lives, but also reduce the hit
taken by many companies.
--- Never again! ---
I recently spoke ...Read the rest of this entry »
Business
21st January
2012
Business rises and falls on leadership. According to business guru, Brian Tracy, "Leadership is the most important single factor in determining business success or failure in our competitive, turbulent, fast-moving economy." Still not convinced? Based on a study by Jessie Hagen of the US Bank, here are the main reasons why businesses fail:' Poor Business Planning' Poor Financial Planning' Poor Marketing' Poor ManagementProper application of these key factors is a function of good leadership. ...Read the rest of this entry »
Business
20th January
2012
This entry
Home Appliances
Market
1 5, 05 at Galanz new strategy conference and press conference held at the home appliances, Galanz Group Co., Ltd. CEO Liang Zhaoxian sustainable development of China's home appliance industry, the problems presented his views, he that the business objectives, the value of strategic positioning of the three major issues need to address China's home appliance industry.
The first is the creation of enterprise, what is the objective of enterprise ...Read the rest of this entry »
Business
19th January
2012
Self Improvement
19th January
2012
Outsourcing as a business strategy began gaining prominence in the late 1980's and early 1990's as organizations began looking for ways to diversify to compete globally and to trim costs. Both were accomplished by contracting with a firm that specialized in a service that the buyer either was not set up to perform or could not perform as cost effectively as a supplier.
A furniture manufacturer, for instance, can develop marketing materials and have them printed for in-store use or direct mail ...Read the rest of this entry »
Business
