Archive for November, 2009

07.11 2009

Gold breaks $1,100

NEW YORK (CNNMoney.com) — Gold powered through $1,100 an ounce Friday after the U.S. government said the nation’s unemployment rate rose more than expected last month, fueling demand for the metal as a safe haven.

December gold jumped $6.40 and settled at 1,095.70 an ounce after surging to an all-time high of $1,101.90 an ounce earlier.

Prices spiked after the Labor Department said the unemployment rate rose to 10.2% in October from 9.8% the month before. That marks the highest level since April 1983. Economists had forecast an increase to 9.9%.

Gold rally to continue. Gold is benefiting from a “flight to quality,” said Adam Klopfenstein, senior market strategist at commodities brokerage firm Lind-Waldock.

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Tags: Gold, Gold Breaks

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06.11 2009

Latest Small Business Events

November is shaping up to be a busy month for small business events – both live and online.  Here’s our latest list, brought to you every two weeks by Small Business Trends and Smallbiztechnology.com.

Pubcon Las Vegas
November 10 -13, 2009, Las Vegas, Nevada

PubCon is four days of leading edge education and networking in over 90 sessions featuring 200 expert speakers in Social Media, Affiliate Programs, Search, and SEO/SEM. In its 8th year, PubCon was founded out of the rich and diverse base of WebmasterWorld forums. Thes

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Tags: Business Events, Events, Small Business, Small Business Events

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06.11 2009

Home-Based Business Definition

A home-based business is any business where the primary office is located in the owner’s home.

While we think of home-based business owners as working at home, that’s not necessarily the case. Software trainers, truckers, and interior decorators are just three examples of people who may run home-based businesses but have to travel to provide their services.

More people are choosing to run home-based business than ever before. Many online businesses are ideally suited to be home-based businesses, but it’s also increasing common to see professionals from travel agents through Notary Publics operating home-based businesses.

A home-based business in not for everyone, however. Most municipalities regulate home-based businesses, and particular neighbourhoods may have covenants against them.

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06.11 2009

Obama’s ‘Lost And Dislocated’ Jobs

The bailout is hurting–not helping–employment.

The White House announced last week that the $787 billion stimulus package has “saved or created” more than 1 million jobs.

Yet on Friday we learned that unemployment increased to 10.2%, and the number of unemployed Americans rose by 558,000 in October. If you factor in workers who gave up looking or settled for a part-time job, the real unemployment rate–what’s known as U6–is an astounding 17.5%.

Look out now for even more claims about “saved or created” jobs from the Obama administration.

As numerous economists have explained, there is no academic or empirical basis for the category of “jobs saved.”

Veronique de Rugy of the Mercatus Center at George Mason University says, “no agency–not the Labor Department, not the Treasury, not the Bureau of Labor Statistics–actually calculates ‘jobs saved.’ “

Dr.

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04.11 2009

‘Too Big To Fail’ Revisited

Regulatory reforms of systemically important institutions.

Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September meeting, there is no consensus yet among regulators, lawmakers and academics on how best to proceed. I noted recently that the problem of banks being too big to fail is even bigger now than it was before the crisis: “Why don’t we go to a system where they’re not too big to fail to begin with? The true solution to the too-big-to-fail problem requires more radical choices. In addition to an insolvency regime, such institutions should be broken up, and unsecured creditors of insolvent institutions should have their claim automatically converted into equity.

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04.11 2009

Top Ten Selling Tips

As a small business owner, you may be new to selling or marketing your product. Selling your product, however, will keep your business alive. To be successful,you need to understand sales and marketing. Jean Scheid takes a look at sales tips that will work for you.

What Are the Top Ten Selling Tips?

You’ve probably heard the old saying, “the customer comes first,” but that won’t get you far in selling your product. Browse the Internet for sales tips and you’ll find many so what’s the secret to selling success? Here are top ten selling tips that can help you sell to almost any customer:

    Know Your Customer-Base – This means watching and listening to your customers as well as knowing their spending trends, base incomes for your sales area, and who is the decision-maker when you want to close the sale.

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04.11 2009

SEC Lets Execs In Fraud Settlement Go Free

Bisys scandal boss promotes self as fraud expert.

Evidence of how easy it remains for corporate bosses to walk away from the scene of financial scandals and go on with their lives arrived in a recent e-mail pitch from a publicist for an outfit called Daylight Forensic & Advisory.

The New York City firm is one of dozens aiming to cash in on the white-collar crime wave by claiming it can battle financial wrongdoing. For its part, Daylight sees itself as expert in “the Madoff investigations, Wall Street collapse and the calls for financial reforms.” (See: “Giuliani Seeks To Cash In On Wealthy Investor Fears.”)

Expert? Well, at least one Daylight exec does have experience in corporate shenanigans. As Forbes pointed out two years ago, Dennis Sheehan, the guy Daylight co-founders Ellen Zimiles and Joseph A.

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Tags: Fraud, Fraud Settlement

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