When purchasing the assets of a company, finding a good letter of intent may not be easy for everyone nor may a good one be easily available especially when you are in need of it most. You may have a general idea and some time to spare to write one for yourself, but you might be slamming the door on yourself if it does not turn out to be effective and useful for those who will be using it. Such a letter of intent to purchase the assets of a...more
Daily you are leading others. You guide them and hope that they will continue to improve, produce, stick around, and crate the results that you have asked for. Are you providing the same sort of TLC to your own leadership skills, behaviors and attributes? Likely, the answer is no, but perhaps you do. That would mean you work on it, practice new techniques, always put the needs of those you work with as a priority, and spend dedicated time being...more
When someone is running a small local business, they can make the absolute most of their marketing budget by making sure they leverage their internet marketing tools. The internet is the one place where a small company can actually have a legitimate chance to compete with their larger competition. The most traffic online comes from search engines. People go to a website like Google and enter a phrase relating to a subject that they are interested in. Then the search engines return results based on its algorithm and the keyword used. The art of getting your site to rank higher in the listings based on certain keywords is called search engines optimization. Search engine optimization has been a gigantic industry over the last several years. One of the more recent trends that have emerged has been examining the power of local search. Local search engine optimization allows a website to target a ranking based not only on the topic that is contained within its pages, but also based on the location that the small business is located in. A very important part of achieving these kinds of rankings is making sure that you have your site listed in local directory listings. This especially...more
Are you feeling a little toasty this holiday season? Would you love to be one of those people who can stand up at the drop of a hat and offer a clever toast? Do you hold back because you aren't sure what to say or do you resist the urge because you aren't sure of the correct protocol?Few people seem to hold back for fear of committing a faux pas....more
As the end of the year rapidly approaches, the Tax Working Group is hard at work reviewing the current tax system of New Zealand. The Tax Working Group is a consortium of professionals in academics, government, and industry whose expertise shapes the proposals presented to the government.The current proposals are expected to produce greater equity...more
Normally, gold is priced relative to the global value which is based on global demand and global supply. A gold mine shuts down at the same time as the people in the area start wanting to buy more gold... and the price just about stays the same. Why? Because the global demand and supply has hardly changed... it's only changed in that particular area so it doesn't make any difference to the global price. So the best you can do with gold is to buy it in a country where the price is lowest and sell in a country where the price is highest. But after you've paid for shipping (it's VERY heavy) you're not left with much profit. You'd have to ship TONS of the stuff and ALL the time to make any cool money. Which is possible. But on eBay, the perception of supply and demand can be changed. You can make the supply look low and the demand high... regardless of the global price. This means you can buy gold from someone who has made the supply look high/demand look low and resell it making the supply look low/demand look high. I call it "Supply and demand intensification". It's a VERY powerful strategy indeed! Before I give you the example, let me explain how...more
Around this time the previous year, plenty of businesses need to freeze spending. All indications are that the recession is almost gone, so small businesses can get back to normal. Therefore, today is a great time to consider what the recession has...more
While doing business in Europe it is extremely important to be aware of the cross-culture differences. Bearing in mind the cultural influences of a country are crucial for the success of your business. Are you planning to start out a new venture in...more
Waiting 30, 60 and 90 days for customers to pay invoices is one of the most difficult challenges small and mid-size businesses face. It can be particularly hard to manage your business when you're waiting for clients to pay.Invoice factoring is a...more
As its name implies, a business plan is a summary of how the owner of the business, a manager or an entrepreneur wishes to organize his business as well as lay down the procedures and processes needed in implementing the plans to a logical and...more
Owning a business means a lot of decisions to be made and employees to keep happy. Perhaps your business is located in a less than state-of-the-art facility, which could mean your employees are uncomfortable if the air conditioning isn't up to...more
Reputation management businesses are growing rapidly as more and more companies have gone online. These companies have realized a direct correlation between customer comments online and their production levels. Most shoppers these days prefer to go...more