Jul 18
In what may come as mixed news for small businesses, the sale of small businesses with revenues of roughly $350,000 rose 8 percent in the second quarter of 2011, but this may be because owners are accepting that their businesses arent as valuable as they used to be.
An article on Inc.com, an entrepreneur and small business website, said that although the sales levels are about where they were in 2008, buyers paid a median of $25,000 below asking prices, according to numbers from BizBuySell.com.
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Tags: Owners, Small Business
Jul 18
Who is going to create the new jobs America so desperately needs to get our economy back on track? This question is a subject of ongoing debate. Will small businesses create them? Big business? Well, according to a new survey by online employment platform oDesk, new jobs are already being generated by remote hiring.
oDesk found what it called “a significant shift” in how businesses are hiring and how workers are finding jobs:
“Businesses are growing by leveraging remote contractors to build distributed teams, and contractors, in turn, are earning more money and even starting their own small businesses.”
According to the oDesk Online Work Survey, employers are becoming more comfortable with the idea of remote workforces. More th
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Tags: Jobs, New Jobs
Jul 17
The recent run of bank holidays, together with plenty of sunny weather, means Kingfisher’s first-quarter results, due out on Thursday, should be encouraging.
Aurelie Caspar, of Bank of America, believes the DIY retailer’s B&Q business will have seen its like-for-like sales rise 1.5 per cent over the three months. However, she predicts there will be a divide between the performance of its seasonal products and its big ticket items, sales of which she expects to have been “subdued”.
UBS, meanwhile, is a touch more bullish, forecasting a sales growth of 2 per cent.
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Tags: Bank Holiday, Holiday
Jul 15
Starting an online business is great fun, but if you have done it yourself, I’m sure you know that you know how quickly you start wanting to achieve even more. So what’s the next step once you have established your fledgling business?
Well one option is to take it international. It’s not an option that suits every business, but if you have a good product that you think would be well received overseas, there is no reason why you can’t take it international and grow your profits further. Here’s how.
Currencies etc
The first step is to make your web site international. That means things like prices, changing currencies and shipping amounts. It is pos
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Tags: merchant account review
Jul 15
We have been hearing about the baby boomers for decades and we will hear about their impact for decades to come. I remember studying them in high school and college, so I’m guessing that it was on all Generation X and Y curricula. They are still the largest group of babies born in the U.S. at one time and their decisions have and continue to affect business, retirement and your small business bottom line—if you know how to get and keep their attention.
Baby Boomers, Retirement and Education
Anita Campbell, in an article on American Express OPEN Forum titled, “When Big Companies Go Back To School, Will Small Businesses Benefit?“, broaches the idea of replacing the baby boomer in the manufacturing and engineering fields. “In manu
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Tags: Baby Boomers, Boomers
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