One of the most crippling problems amongst small businesses is the excessive number of overdue payments. The average SME receives payments from other businesses two months late, and many suffer greatly from the delay. The Guardian lists several tips for avoiding such situations: Don’t make credit management subordinate to sales– Make sure the incentives you… Continue Reading
The numbers are in and the results are that the economy is growing at a sluggish pace, almost too slow to notice. Although slightly higher than the 1.5 percent that the Commerce Department originally predicted, the April to June quarter growth of 1.7 percent is an omen that the US economy during the last half… Continue Reading
The H.J. Heinz Company recently held its annual shareholder meeting. William R. Johnson, the company chairman, president and CEO, announced that the business plans to report “strong first-quarter results.” According to BusinessWeek, these include: Organic sales growth (volume plus price) of almost 5%, marking the Company’s 29th consecutive quarter of organic top-line growth; Net income… Continue Reading
Republican Governor of New Jersey Chris Christie gave the keynote speech at the Republican National Convention in Tampa on Tuesday night, directing much of his speech at the economic crisis and the Republican vision for the future. Here is a collection of some of Christie’s most quotable quotes: • “There’s only one thing missing now.… Continue Reading
After four years of development and a sensational successful run on the TV quiz show “Jeopardy!” IBM’s answer to Apple’s Siri is ready for the next step: placement inside consumer’s pockets. Vice president of innovation at IBM, Bernie Meyerson, says that he sees Watson as a voice-activated electronic personal assistant which can answer questions in… Continue Reading
Together, Jacob Frydman and Mr. Eli Verschleiser created United Realty Partners, a privately held real estate investment and advisory firm. Jacob Frydman undertook his first real estate investment in high school in New Jersey. Since that time, he has received his B.S. in Finance from Boston University and a J.D. from Case Western Reserve University… Continue Reading
For the first time in over ten years American companies took the majority of spots on the top-20 list of the world’s biggest companies. It took ten quarters of economic expansion and profit growth since Standard & Poor’s 500 Index hit rock bottom in March 2009 for the S&P to grow by 109% and send… Continue Reading
‘Green’ technology and eco-friendly solutions are becoming more popular among small businesses, as they are cheaper, more easily managed and environmentally conscious. Edra Equipamentos, a Brazilian firm, is currently in the process of developing green ATM booths, which will be built from recycled materials and powered by solar panels. The company claims the ATMs are… Continue Reading
According to Forbes, in a world where women are increasingly taking their places among the movers and shakers planning policy and determining destiny, these are the most powerful of the lot. In order from 1 to 5, the following women have made it to the top of the list of Forbes Most Powerful Women in… Continue Reading
Last week bore news of another upcoming recession in the Eurozone, according to the speculations of numerous economists. However, some believe the recession has never actually ended. Peter Rupert and Thomas F. Cooley, two U.S. economists, explain that Europe’s economies have remained low and struggling to regain momentum after the initial crisis in 2008. Germany… Continue Reading