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FPB warns that removing ‘green’ fuel tax incentive will further alienate small firms : The FPB is questioning the Government’s commitment to helping small firms switch to environmentally friendly fuels, following an announcement in the 2008 Budget that it is to remove a tax incentive for investing in ‘green’ biofuels.
« Government – Small Business Quote of the Day Small Business Start-Up Checklist – Time Management » « Previous Entries This entry was posted on Wednesday, July 2nd, 2008 at 12:30 pm and is filed under SME News Round-up. You can follow any responses to this entry through the RSS 2.0 Digg Furl Netscape Yahoo!
The 2008 financial crisis took down the global financial system. Reference to any products, service, processes, hypertext links to third parties or other data by trade name, trademark, manufacturer, supplier or otherwise does not necessarily constitute or imply its endorsement, sponsorship or recommendation by SUCCESS®.
These occur in suppliers to the plant as well as places where auto workers spend their money. We even featured the industry in a 2008 research report, The New Artisan Economy, which we did with Intuit. For example, the employment multiplier for auto factory workers is about 7.
Cost Cutting for Small Business – Payment Terms by Stefan Töpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. This is like a 24% p.a. Digg Furl Netscape Yahoo! Digg Furl Netscape Yahoo!
Cost Cutting for Small Business – Payment Terms by Stefan Töpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. This is like a 24% p.a. Digg Furl Netscape Yahoo! Digg Furl Netscape Yahoo!
At the 2008 Beijing Olympics, I supplied tickets to more than 8,500 people, netting over $1 million in profits. I was caught in the middle of a scandal, between one supplier and thousands of people I made promises to. I had a team of employees and $1 million in sales my first year. It wasn’t just my money, either.
If the supplier knows you are ready to buy for the right price they will cut you a deal. Promise to buy from one supplier for better payment terms, like 60 or 90 days. Getting a better price is especially easy to do right now, since suppliers are tripping over themselves to get business. Get better payment terms by negotiation.
Individualization , which the paper describes as "the puzzling elimination of returns to scale, resulting in a supplier base that consists of one-person micro-providers." " While we agree that returns to scale have been reduced and in many cases eliminated, we don't find this puzzling.
by Stefan Töpfer on Jan 23, 2008 The last couple of days you could follow what can only be described as a panic on the world stock markets. » « Previous Entries This entry was posted on Wednesday, January 23rd, 2008 at 8:37 am and is filed under Exporting. Micro Business, Recession and Exporting. thanks for posting this.
by Stefan Töpfer on Dec 29, 2008 I’m thinking more and more about opportunities for people to start a small business, home business or a self-employed business during this recession/depression or once they lose their jobs. No you are not – the former customers or clients have lost a supplier too. — ST.
Ethics And Small Business » « Previous Entries This entry was posted on Thursday, October 18th, 2007 at 9:26 am and is filed under Accountants/CPAs , Question & Answer , Small Business / SOHO , Sole-Trader , Suppliers , start-up in business. You can follow any responses to this entry through the RSS 2.0
by Stefan Töpfer on Jan 14, 2008 In a report, due to be published next month, from the European School of Management – ESM , it is reported that there has been a marked decline in small business activity in the the UK under Gordon Brown. Decline of Small Business Sector in the UK! I’m allowed to dream, aren’t I?
« Government – Small Business Quote of the Day Australia/ New Zealand Small Business News Round-up – 26/11/2008 » « Previous Entries This entry was posted on Wednesday, November 26th, 2008 at 11:06 am and is filed under Announcements , Comments. Winweb Security – winwebsecurity.com – more facts.
by Stefan Töpfer on Jan 13, 2008 Two professors, Julian Lang and William Bygrave , from Babson College in the US have found that the business performance of businesses started, with or without business plan , was unaffected. own a franchise Said on January 24th, 2008 at 5:48 am I remembered one of my friends when I read your last line.
The recent downturn has made companies think twice about who they are dealing with and has made them potentially more likely to switch suppliers. Turbocharge Your Sales by Stefan Töpfer on Feb 03, 2010 With better economic conditions coming soon, there couldn’t be a better time to brush up on your sales skills. Perhaps to your firm?
Even if you have staff – outsourced of employed – doing your bookkeeping and organize the payments for you, you need to make the decisions of when your suppliers get paid, so you can control your cash-flow. Am I in control of my spending or have I abdicated this function to someone else? Digg Furl Netscape Yahoo!
This will allow you to stay in close touch with your supplier, and get real time up-dates and feed-back – there are other benefits too. If it becomes a distraction, deal with it immediately, if need be change supplier. Roland Quast Said on March 22nd, 2008 at 2:23 am Great article! Do It Online. Don’t abdicate.
Suppliers will probably thank you for short meetings, so they too can get more done. Penny Pullan Said on January 21st, 2008 at 11:21 am I agree with you that meetings are often far too long. Banner Maker Guy Said on August 26th, 2008 at 6:36 pm Meetings should get straight to business and end with business.
by Stefan Töpfer on Jan 21, 2008 I believe that many factors contribute to small business failure. » « Previous Entries This entry was posted on Monday, January 21st, 2008 at 11:14 am and is filed under Question & Answer. Cheers, Jim Stefan Töpfer Said on January 23rd, 2008 at 9:26 am Hi Jim, Thank you for your comment.
by Stefan Töpfer on Apr 16, 2008 When my wife went to university in London in the eighties one of her professors was of the opinion that the education was wasted on women, since they would leave university, get married and have children. . Christie Lyle Said on May 21st, 2008 at 3:41 am Thanks for the great post. — ST.
by Stefan Töpfer on Nov 23, 2008 We had the misfortune that there seems to be a computer virus/malware program affecting many Microsoft Windows operating systems, called winweb.exe. Said on November 26th, 2008 at 11:13 am [.] John Heaslip Said on December 18th, 2008 at 6:56 pm some info on Winweb security fom a website % Regtime Ltd.
Vladovsoft Said on July 2nd, 2008 at 10:16 am Yes, pretty nice blog, bu I can recommend another accounting sofware: Vladovsoft Sklad. San Francisco Lawyer Said on August 29th, 2008 at 2:05 pm Excellent offer. Shawn Said on September 7th, 2008 at 2:27 am Thanks for the insight, I’ll have to look into SaaS for our business as well.
Small Business Startup Checklist – Naming Your Business by Stefan Töpfer on Mar 12, 2008 This is the first of a series of weekly posts focusing on some of the key issues that a small business startup faces. You can follow any responses to this entry through the RSS 2.0 You can leave a response , or trackback from your own site.
by Stefan Töpfer on Feb 02, 2008 Starting from home and using bootstrapping techniques will save you money and help your small business to stay afloat. How much money do you really need to start your micro business? But you will need some money – the question is, how much capital will you really need. Digg Furl Netscape Yahoo!
by Stefan Töpfer on Dec 29, 2008 These days many ask, what to do if you lose your job? Webmasters feeds : THE SMALL BUSINESS BLOG» Blog Archive » Top 5 Website Design Tips Indinero.com Blog : Your Business, Your Cash: More Small Business Resources Mark Rosemans Blog : Kudos for 20 years in the internet business! — ST.
Restructuring – a word used by BIG Business to lower cost, fire employees and squeeze suppliers. . ‘Restructuring’ or Cost-Cutting For Small Business Enterprise With WinWeb OnlineOffice. The small business owner was at a clear disadvantage – until now! Digg Furl Netscape Yahoo! Digg Furl Netscape Yahoo!
by Stefan Töpfer on Feb 12, 2008 It always amazes me to see how many businesses still charge by the hour – it is a business killer. » « Previous Entries This entry was posted on Tuesday, February 12th, 2008 at 2:32 pm and is filed under Marketing/PR , grow your business , market and sell. Which is stupid. [.]
Even if you need the service or product from your supplier, check others all the time, insurance, telephone, utilities, etc. Janni Said on March 26th, 2008 at 12:39 am The little details can make a big difference in the world of business. Analyze your fixed cost every month. Compare and get new quotes. Get better payment terms.
by Stefan Töpfer on Mar 20, 2008 I always enjoy the opportunity to meet entrepreneurs out in the field, during speaking engagements, trade-shows and other events. Entrepreneurship live and kicking! After 30 years in business I still get a buzz out of conversations with young and just starting business owners. — ST.
So now I had my supplier with whom by this stage I had built up a good base for a trustworthy supplier by way of emails. Get your suppliers to advertise in it! Stefan Justine Curtis Said on May 1st, 2008 at 3:11 pm What a great idea for a multi-lingual virtual assistant. But what about quality of wine making ?
Perhaps your suppliers have raised prices. Posted by Deborah Chaddock Brown on June 24, 2010 under Communication , Connecting Moments , Trust | Be the First to Comment I have been saving a torn out letter to the editor since May 26. Perhaps a local vendor you used went out of business and now you have shipping costs you never had before.
Shop around : Make sure you are getting the best deals from all you suppliers- right down to your electricity, broadband and gas bills. If your business has an inventory make sure you source the best suppliers at the right price, and don’t be afraid to haggle ! Digg Furl Netscape Yahoo! Digg Furl Netscape Yahoo!
‘Restructuring’ or Cost-Cutting For Small Business Enterprise With WinWeb OnlineOffice : Restructuring – a word used by BIG Business to lower cost, fire employees and squeeze suppliers. Significant growth can be observed in the field of broadband, intranet, website hosting, and website development. — ST.
Keep stakeholders (customers, staff, suppliers etc.) Even if you have brilliant staff, standards will inevitably start to slip if you are not around to keep an eye on things. Make sure that you understand every detail of your business, right down to the everyday minutiae. You must set an example with your work ethic.
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