In my experience and research, I’ve found that viral marketing can be a positive or negative advertising method. But as with the Berlin march, new restrictions have often run into opposition as public frustration grows over curbs on social life, mask requirements and business shutdowns. The current and future projections of your business financial performance. In short, every financial plan should focus on the following key components. The capital requirements should reflect on how much money you need to raise, how are you going to use the money or how much you need from investors. Assumptions in terms of growth or internal components of your business should always be backed with strong evidence and experts opinions. The income statement as the forecast of your business for the coming three to five years and the balance sheet generally prepared by your accountant. And finally, the cash flow statement showing weather your … Read the rest...
In her late 20s, Daria Halchack managed to found her own company, Gipnetix PTE. LTD., in the middle of a global pandemic. Gipnetix is an online learning platform that will bring your personal and corporate brand development to new heights. The platform also helps social media marketing specialists advance in their careers and improve the performance of their ads. Business owners can benefit from the knowledge available on Gipnetix as well.
Prior to launching her own business, Daria already was an influencer with over 200k followers on Instagram. Despite her now devoting most of her time to running her business, we’ve managed to talk to her and ask more about her success story as well as advice for today’s influencers and starting entrepreneurs. Daria’s story is a perfect illustration of the power of smart business planning and implementation.
Rishi Sunak is to acknowledge that the coronavirus pandemic will lead to a steep rise in long-term unemployment today when he announces a £4.3 billion package to help the jobless.
The economic devastation will be made clear in a series of forecasts published by the Office for Budget Responsibility (OBR) alongside the Whitehall spending round. The Resolution Foundation, a think tank, has suggested that the central forecast will show a permanent reduction in GDP of 3 per cent, equivalent to £1,000 a head.
Government borrowing will be close to £400 billion this year as public spending jumps above 50 per cent of GDP, a level not seen since the Second World War, and the national debt reaches a 60-year high. However, updated GDP forecasts will show that the economy is on track for a V-shaped recovery. After a shrinkage of about 10 per cent this year, the deepest recession in … Read the rest...
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
In early March, a data-savvy employee at the game studio Blizzard Entertainment started taking a hard look at rising number of U.S. COVID-19 cases, which then numbered in the low hundreds.
“We were able to do some math and say, looking at the China and Italy data, this is going to affect us very dramatically,” says J. Allen Brack, Blizzard’s president.
Within days, Blizzard, a unit of gaming giant Activision-Blizzard, asked groups of its designers, programmers, and other staff to work from home temporarily. They thought of it as a test, meant to refine the organization and infrastructure needed to keep creating video games, just in case things got really bad.
And of course, things got really bad.
“It was pretty damned fast,” says Blizzard executive John Hight. … Read the rest...
In my last article on Cost Effective Marketing Strategies for small businesses I discussed how you can use Mass Media on a small budget very effectively. Established businesses can also benefit from developing a Business Plan to attract further funding, manage rapid growth, or reevaluate the company’s vision and goals. As businesses are competing in an ever increasing competitive environment, controls over performance are essential in driving the company in the most profitable direction possible. Control is the process of assuring that organizational goals are achieved, which usually involves five key steps: setting up the standards of performance, measuring actual performance, comparing actual performance with planned performance, deciding whether any deviations are excessive, and determining the appropriate corrective action needed to bring actual performance into conformity with planned performance. Obamacare has not been implemented, so for the last six years the country has been in flux on healthcare. Adding the … Read the rest...
(11-16-2020, Shanghai) On November 14, 2020, USI (SSE: 601231) held a groundbreaking ceremony for its Vietnam Facility in Dinh Vu Industrial Zone (“DVIZ”) located in Hai An District, Haiphong City, Vietnam. City officials including Nguyen Duc Tho, Municipal Party Committee Member and Vice Chairman of Haiphong City People’s Committee, Nguyen Tong Quan, Deputy Chief of Office of Haiphong City People’s Council, Le Trung Kien, Member of the Standing Committee, Haiphong City Party Committee and Head of Haiphong Economic Zone Authority, Bui Ngoc Hai, Deputy Head of Haiphong Economic Zone Authority, Bruno Johan O. Jaspaert, General Director of Dinh Vu Industrial Zone Joint Stock Company, attended the ceremony to witness the facility’s milestone moment.
On December 12, 2019, USI’s board of directors approved an investment for a manufacturing facility to be set up in Vietnam and, established the Universal Scientific Industrial Company Limited, a wholly-owned subsidiary, for that purpose. With a … Read the rest...
TOKYO — Sixty-year-old Yashiro Haga is folding his Tokyo noodle ramen shop after 15 years in December, unable to overcome the prospect of a lasting customer slump due to the coronavirus crisis.
“The flow of people has changed due to the coronavirus,” Haga said, standing behind the counter of his ground-floor shop, Shirohachi. “Customers aren’t coming in and queuing up outside shops any longer.”
The pandemic is damaging Japan’s “mom-and-pop” restaurants—including noodle shops like Haga’s—at a growing rate, despite evidence the government’s massive effort to stave off bankruptcies is working in other sectors of the economy.
Hurt by deflationary pressures and growing competition in the run-up to the now-delayed Tokyo Olympics, noodle bars are particularly prone to the economic malaise the pandemic triggered in the service sector.
Small and mid-sized businesses like Haga’s noodle bar employ about 70% of Japan’s workers and account for 99.7% of the total number of … Read the rest...
Rishi Sunak is facing calls to scrap corporation tax and overhaul “largely toothless” foreign takeover rules in an attempt to boost British industry through Brexit and the pandemic.
The Independent Business Network, which has positioned itself as an alternative lobby group to established players such as the British Chambers of Commerce, also said that the pound should be “maintained at a competitive exchange rate”.
The chancellor’s spending review tomorrow provided a platform for “greater co-ordination and focus” around expanding the UK’s trade with the world, it said.
Business leaders who endorsed Brexit in 2016, including John Longworth, a former director-general of the British Chambers of Commerce, and John Mills, who founded JML, established the IBN to seize on the opportunities they believe could be created by leaving the European Union.
It called corporation tax a “disproportionate administrative burden” for companies, and added: “Without corporation tax, businesses will have more cash … Read the rest...
The General Services Administration ascertained Monday that President-elect Joe Biden is the “apparent winner” of the Nov. 3 election, clearing the way for the start of the transition from President Donald Trump’s administration and allowing Biden to coordinate with federal agencies on plans for taking over on Jan. 20.
Trump, who had refused to concede the election, said in a tweet that he is directing his team to cooperate on the transition but is vowing to keep up the fight.
Administrator Emily Murphy made the determination after Trump efforts to subvert the vote failed across battleground states, citing, “recent developments involving legal challenges and certifications of election results.” Michigan certified Biden’s victory Monday, and a federal judge in Pennsylvania tossed a Trump campaign lawsuit on Saturday seeking to prevent certification in that state.
Yohannes Abraham, the executive director of the Biden transition, said in a statement that the decision … Read the rest...
Get life insurance quotes from multiple carriers. Competing for Convenient Insurance’s business are other independent agents, and captive agents offering their particular ‘brand’ of products and services (examples are Fall State and State Barn). At an increasing rate, more insurance carriers are enticing newer clients over the web and with new apps – even eliminating the need for traditional behind the desk appointments. These internet based insurance carriers can pose the largest threat to Convenient Insurance if they do meet or keep pace with the technology requirements. Likewise if Convenient Insurance can keep up the pace, the market potential is limitless. I have raised three sons, cared for aging parents, volunteered in my church and my local community, have lived carefully when it comes to money – I have no credit card, school loan, or vehicle debt. Paid them all off and raised the boys – by myself as their … Read the rest...