Archive for December, 2009

26.12 2009

Best Business Opportunities

Here they are; my predictions for the best business opportunities of 2005. Whether you’re looking to start a business of your own or to invest in a small business, this list of business opportunities is a good starting point.

What makes these business opportunities the best? In my opinion, in terms of current trends, these are the business opportunities with the best potential for profit and growth.

(For more of what I consider to be the best business opportunities, see Top 10 Home Business Opportunities – or take a peek at my past predictions for the best business opportunities of the year in the Related Resources box in the sidebar.)

The Best Business Opportunities For 2005

1) Interior Decorators and/or Designers

The home renovation boom continues this year with one twist; fewer people want to do what it takes themselves.

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Tags: Best Business, Best Business Opportunities, Business, Business Opportunities

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24.12 2009

Cash Flow Analysis Definition

Cash flow is essentially the movement of money into and out of your business; it’s the cycle of cash inflows and cash outflows that determine your business’ solvency.

Cash flow analysis is the study of the cycle of your business’ cash inflows and outflows, with the purpose of maintaining an adequate cash flow for your business, and to provide the basis for cash flow management.

Cash flow analysis involves examining the components of your business that affect cash flow, such as accounts receivable, inventory, accounts payable, and credit terms. By performing a cash flow analysis on these separate components, you’ll be able to more easily identify cash flow problems and find ways to improve your cash flow.

A quick and easy way to perform a cash flow analysis is to compare the total unpaid purchases to the total sales due at the end of each month.

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Tags: Analysis, Cash Flow, Cash Flow Analysis, Flow Analysis

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24.12 2009

China revises 2008 GDP higher

China’s economy grew at 7.7 percent in the first three quarters of 2009 compared with the same period a year ago. Peng Zhilong of the National Bureau of Statistics said the government would likely revise up growth figures reported thus far this year.

The hidden strength found in China’s services sector was a modicum of good news for policymakers in China and abroad, who have said that promoting the development of the country’s non-tradeable sector is a key ingredient in rebalancing the global economy.

But it was still far from mission accomplished on that front.

0:00 /2:16China’s Christmas labor crunch

China’s services sector accounted for 41.8 percent of gross domestic product last year, up from the previously reported 40.1 percent.

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Tags: China, China Revises

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24.12 2009

Vizio Looks Beyond TVs

The flat-panel TV maker is set to unveil new consumer electronics items amid optimism about 2010.

Taipei — Vizio, one of the biggest flat-panel TV suppliers in the U.S., is looking to move beyond its niche, and will unveil prototypes of new consumer electronics items at a big trade show in Las Vegas next month, the CEO told Forbes in an interview.

“Eventually, we’ll get into different consumer electronics categories, not just TV,” said William Wang. He predicted shipments of Vizio televisions next year would increase by a third, and expressed optimism about the U.S. economy, something that should be welcome news to its retailing partners including Wal-Mart ( WMT – news – people ) (WMT:NYSE) and Target ( TGT – news – people ) (TGT:NYSE) Interview excepts follow:

FORBES: It’s been a great year for Vizio.

WANG: We went from 3.5 million pieces last year to 6 million this year.

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Tags: Vizio, Vizio Looks

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23.12 2009

Sales Tips: How to Squash Your Price is Too High”

Here’s a good introduction for you and your salespeople for handling the sales rebuttal “Your price high.”

This video is from Nick Moreno at the National Sales Center, a sales training firm.

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Tags: Price, Price High”

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22.12 2009

Away In A Manger By Decree

What the Christmas story tells us about big government.

The story of the virgin birth–Joseph, Mary and Jesus–is told often at this time of the year. The book of Luke tells us that Mary and Joseph traveled to Bethlehem because Caesar Augustus decreed that a census should be taken. Mary delivered the baby after arriving in Bethlehem and “placed [baby Jesus] in a manger, because there was no room for them in the inn.”

Conventional wisdom assumes that Mary and Joseph were somehow mistreated by a greedy, evil capitalist innkeeper. This hearsay is repeated in just about every play, skit or sermon on the subject, with nothing to back it up.

The Bible does not name an innkeeper. There is no record of anyone complaining at the time, nor apparently were Mary and Joseph charged for the use of the stable.

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21.12 2009

Need a New Employee? 5 Tips to Find Great Workers

Is it time for you to add one or more employees to the team of your small business? Are you concerned about finding the best workers to fill the openings you have? Find out five resources you can use in your hiring and recruiting efforts to locate the best candidates for employment with your company

Finding the Right Employees

Finding the right employees to work in your small business can certainly be challenging! When you have an open position, it’s important to take steps to increase your chances of getting applications from people who have the skills you need, who want to work, and who are well-suited for the culture of your company.

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Tags: Workers

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