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...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 done to your business. Think about how the economic changes have affected your industry in general. Has your customer base changed? Have your competitors started cutting prices? How about their service...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 Italy? Are you apprehensive about getting along with your clients in Italy?Well here is a list of things to keep in mind to do business the Italian way:1.Good manners and politesse are held in high regard in Italy. They prefer to deal with people who are polished but not uptight. So it is important to maintain some distance while having a professional conversation, but at the same time it is vital to be courteous. Too much resistance may be perceived as a sign of snooty or cold behavior.2.Make sure to shake hands at the commencement and at the end of all rendezvous, this implies for group meetings as well. Italians are warm people; so dont be surprised if the greeting switches from a handshake to an embrace after a while. In fact, treat it as a positive sign; it indicates that their comfort level has gone up.3.Remember that Italy is one of the most fashionable countries in the world. Home to some of the most coveted fashion labels, this...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 solution for companies that don't have a large cash cushion in the bank. This problem isn't felt with...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 fruitful conclusion. It sets down in writing a guide of the company's business purpose. A good plan has...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 today's standards. Being in a building without ductwork makes it difficult to cool. That's how a mini split AC unit can be a huge help. Using a mini split AC unit is a great way to accommodate the needs of your employees, or even customers, without spending the money to install ductwork in the building. Another time when a mini split AC situation is agreeable is in a heavy use computer area. As most people know, computers and electronics in general produce quite a bit of heat when running. Using a mini split AC unit is a good way to keep them cool, especially if you have a room full of them as many of today's successful companies do. Ask anyone who's been the subject of a major computer problem corporately and they will tell you that taking good care of the temperature of your computer room is very important to make sure they keep running for you. Overheating of electronics is not recommended by any person in the computer field!So you...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
Internet activity at this time of year increases substantially and many customers all looking for different things are accessing the various websites trying to find exactly what they are looking for. As a company we need to have the right tools at...more
Attraction marketing is a modern technique for gaining clients and making sales. It is very different than the traditional hard-sell tactics that used to be the norm. Because of this, it is a perfect way for people genuinely interested in customer...more
Personal branding is an often overlooked technique that has tremendous potential for financial success. It takes awhile to fully establish and, therefore, should be started early in the process to see the most benefits. By having a recognizable...more
Babies seem to be very sweet when they are nicely dressed up. So as to is why a good number of the mummies be in love with to shop for their infants. This truth gives you an idea about that the wholesale a little one garments market is an attractive...more
We found that about 10 percent of the water that is applied is lost below the vine rooting zone and does not have contact with the soil and vine roots," said Eve Hinckley, who worked on the project for her PhD thesis in the department of geological...more