Business Action Group

Posts Tagged ‘business’

On 13 October in the CEOE Headquarters in Madrid the first Forum: “Turkey, a bridge to new markets” which will discuss opportunities for cooperation and investment between Spain and Turkey.

Through various presentations on the economic relationship between the two countries, this meeting will present discussions on investment in Turkey or the progress of the most dynamic economic sectors like renewable energy and infrastructure.

The meeting, organized by the Spanish Confederation of Business Organizations (CEOE), the Turkish employers DEIK (Foreign Economic Relations Board) and Nexus Fostering Partnership, with the collaboration of the Dogus Group, Garanti Bank, and the Support and Promotion Agency of Investment in Turkey (Invest in Turkey).

Currently Jacanas, with average growth of 7.5% is placed next to the BRIC countries as one of the more interesting when long-term investment. Read the rest of this entry »

Taking the stigma of the great inventions, the Tupperware was born by accident. The merchant and inventor Earl Silas Tupper (1907-1983) worked as an employee of the DuPont chemical company in the early ’30s and experimented with synthetic polymers (Wallace Carothers engineer had discovered in 1928 polyester, polyamide and working for DuPont neoprene) when he discovered a method for purifying waste from refining oil and turn them into a durable, flexible and without any toxic properties.

Earl Tupper was the son of farmers in Massachusetts and dreamed of being like Leonardo Da Vinci, Thomas Edison or Henry Ford, as well as to dream of being a millionaire. Took technical courses for mail and was convinced that the secret of success lay in the advertising and marketing.

Always write your ideas on scraps of paper and put them in the pockets where you could read some as an improvement for women’s garter, a clip for hanging the comb of a belt, non-iron trousers and even a powered boat by fish.
The discovery of the synthetic polypropylene enabled first start manufacturing plastic parts for gas masks used during the Second World War to after World War ended the first devoted to manufacture plastic containers for food preservation. This second use of his invention came to his head after realizing that the American Way of Life in Postwar generated a flood of household appliances, including refrigerator highlighted the power and gas.

The famous “Wonder Bowl,” as Earl Tupper patented during its launch in 1946 caught the attention of consumers immediately. His magic seal, which also allowed to expel the air, was the solution to countless problems with keeping fresh and clean both food and other nonfood products.

Until today there are many brands use the foundation of this fabulous invention, millions of people take their lunches or keep food in a Tupperware container or some other similar but different brand, I bet you keep calling your brand independent … Tupper, right?

In recent years there has heard that the Colombian family businesses are close to face major generational changes. Statistics show that only 30% of family businesses survive the change from first to second generation and 13% change from second to third generation. These data raise concerns me about how to get companies Colombian family endure over the years and the face of generational change?

I found that one factor of great importance and that some have talked about is the “entrepreneurial spirit.” The project, as suggested by some scholars, is a tool that allows companies to develop new strategies and capabilities to compete in mixed environments and changing environments. In a family business, the venture could lead the way to be an ancient family business.

Therefore, it is worth asking what is actually undertaken, and how can families Colombian entrepreneurs cultivate an entrepreneurial spirit and carry out entrepreneurial practices. Read the rest of this entry »

There is a key question that can define both corporate strategic capacity as opening your mind to new ideas and potential to develop and expand your business, and that is: when do you think should take new risks and try new ways and strategies to business?

Unfortunately, most home business is family SMEs, which means more experience, “street” that training, and more conservative than innovation. And by returning to our question, he finally be the answer … only when things are falling apart.

SME business training (mostly family, but grows well in cases of companies not familiar with untrained members in administrative, managerial or marketing) is usually obtained on the fly. A first initial success may be added some others, and a certain trend of growth or stability, those who command these companies tend to stagnate, “achancharse” and assume (falsely) that have the cow tied, and that just to get milk life, they, their children and future generations.

Not even Bill Gates and the almighty Microsoft, which have a quasi-monopoly (the largest in the world) have tied the cow, there is Linux and other operating systems market shares scratching, there are other alternatives to Office Suite … eminences assumptions are not eternal, but in the case of Microsoft, get out of it (market forces) has to take much longer than just SMEs in Argentina.

The problem is complacency. Family SMEs assume that in times of plenty, it is time to take profits, renovate cars and houses, investing in currencies, bonds and time deposits, and “living la vida loca.” To take an example close the prosperity of a neighborhood business involves change of car, home improvement, buying houses for children, nice clothes, travel and university in-class institutions. And indeed, this should not be.

“Why?

If we speak of Argentina, but everyone who reads this note, you can study the cases of their country and reach their own conclusions. The economy is cyclical, and in the case of Argentina, taking into account more recent years, it is easy to conclude that about every 10 years comes a serious crisis, recession included. Without going any further, I can guess that fixed deadlines apoderación 91 is the grandfather of the “yard” of 2001 … and about 2011 the government again seize foreign savings.

Even in first world economies there is regular and constant growth there are always cyclical crises. And unfortunately, only when these crises erupt, is when they venture entrepreneurs to take risks that did not want to take. They do it on time, bad, without advice and with little room for maneuver.

Returning to the example of the business district, not a bad reward for the sacrifice to build it up and running … but why do not foresee, optimize, and above all, to expand?

When you must take risks, it is precisely at the time of fat cows, money back and room for maneuver. There are some simple recipes that can serve as a kick to build more complicated strategies:

- First, you should try to calculate your monthly residual income. Sea with a scientific method or not, you must have performance indicators for the month. For example, you can define from 1 to 20 is the time of operating expenses (assume 20 per take, eg the date of payment of VAT as a major expense last month), and measure results from Day 21 and 30, with the period of 21 to 30 last month (as was the bank last month to that date?, I have checks held more or less than last month? regarding my stock? how much I have dates receivable similar?). The measurement of so-called assets used to know if the month has been successful or had to put money in your pocket.

- Second, the comparison of results tends to form a trend, especially if it results build one or two years, to measure seasonal variations (summer sold less in January, selling more than in December because everyone already received the bonus, etc) Read the rest of this entry »

It is a fact, in times of crisis, the first reflex of the entrepreneurs is protect yourself at all costs a favorable conjuncture, sometimes to the point of closing.
However, stay afloat should not be the only priority, is essential to keep open minds to take advantage of growth opportunities and exploit them. More than surviving a crisis, it’s about learning to take advantage.

Some tips to help your company overcome the crisis

1. Monitoring the cash: you must be alert and forecasting monthly
2. Negotiate longer payment terms, or alternatively, get the provider more attractive prices. In both cases, improve your cash flow.
3. Get a discount for prompt payment.
4. look for alternative suppliers, to not depend on one (or group) that could be entrained in the fall.
5 – To give full priority to its customers: its current base is his best weapon, it is cheaper than acquiring new customers and a form of loyalty
6. Take care of your brand image and its relations with partners and customers. Maximum credibility need to survive the crisis.
7. Do not forget the template: you must be clear about the difficulties, is the only way to maintain confidence and his team make pineapple in difficult times.
8. Marketing and Advertising: do not let your guard down is an opportunity to gain advantage over their competitors, if used in an adapted form.
9. New technologies: do not hesitate to invest in those that entail a lower cost and higher productivity, and get a new advantage over others.
10. Do not be afraid to spend, without investment there is no survival, but these investments should be well thought out.

There are several reasons that can lead to wanting to sell your business (retirement, other higher priority business, lack of profitability, lack of time), but those tips are worth in all situations. If you plan on selling your business, this reading may be interested.

1. Prepare for sale:
Before you decide to sell your company, you have to carry out a profound reflection on their motives and objectives. As of when created or bought the business, can not embark on lightly. Remember that an investor caution, and any doubt or uncertainty about the operation feel you could drive away. Be transparent and clear about their motivations, objectives and statistical help.

2. Do not sell directly:
You can not maintain the confidentiality necessary to the sale if you bring it personally. In addition, a company that will represent a more objective view of the transaction, will give more credibility to their data and have the technical knowledge required.

3. Maintain confidentiality:
A sales transaction must be kept in complete secrecy until its completion. Knowing that a company is selling many risks for your business (employee concerns, the image of weakness, uncertainty of their suppliers and customers) and not worth taking. Read the rest of this entry »

This is not the wrong way to go about doing things. It is a perfectly viable option. It’s just that as mentioned above, care must be taken and one of the toes. Therefore, it is suggested that one ask some important questions about the company being in the presence before one agrees on anything, especially writing.

1) Who am I currently hold? Are you working with a real estate agent or company representative? This person knows nothing about real estate or have given a student? Is this the company can be found on the web or is it a sub-company that has been leased to? 2) How long have you been in business? It may not bother you that this is a start-up, maybe that’s why I chose them. Maybe you’re the type of person who prefers to work through well-established companies with experience, especially taking into account the risk that you are about to take the money and that is about to happen. 3) They are what they say they are? Perhaps in support of made arrangements for the sale of goods to overseas buyers? 4) They are honest and reliable? This is based on instinct a bit much in the written references from previous customers and word on the street if you can get. Do not be afraid or ashamed to ask for references. It is your right as a client to know what your history is and how happy previous customers have been with them. 5) They have credibility? They have good reputation in the real estate company? They have the respect of his peers? People work with them again after having worked with them before? 6) They are the origin of the property? Not own the property? Have a working relationship with that building? It is a closer? 7) are the intermediaries, if they are both direct and indirect intermediaries? This can help establish the amount of information they may have knowledge of where food chain and sales (which should give some indication of the amount of charge that can wait for your purchase.) Have you checked whether the property can be sold? You would think this would be quite obvious, however, it is surprising how many people get caught out. Yes, it’s an obvious question, so ask. 9) offer after sales advice? Many companies offer very good service right up until the sale goes through and then you drop like molten lava, leaving him adrift in a foreign country all its own. post-sales advice is as important as anything that led to the sale and shows the true value of the company. 10) are respected in the local market? This is closely aligned with credibility. If they are respected locally and are found to be credible at the local level, is likely to be for you to trust them. 11) What do you waste money and who ultimately pays? Do not spend excessive costs on the client? How? 12) Are the license (in particular for the region that they operate in)? Again, this seems an obvious question, so ask

When the property has been confiscated by the government for any purpose, then the property is included in the auction of properties. Auction Property list shows all relevant information concerning the different types of properties listed for sale in the real estate auction area. Property auction becomes the recognition and most people interested in buying and selling property at auction for highest bidder. The payment of the property depends on the terms of the auction of properties. More number of properties displayed in the auction of the property and provide buyers website owned online auctions have created.

In general, the auction of the property involves a lot of procedures and formalities, both seller and buyer have to compile with all statutes of the state and federal government. Property auction comes up with a bid for the buyer and the customer. This large number of the property for auction and start bidding for the property listed in the auction of goods and to the highest bidder for the sale of the property will be sold. Property auctions will be very interesting and most people attend the auction and compete. Some of the property auctions are owned British auction, seized property auctions, auction U.S. property and so on.

Property auctions ensures guaranteed forced sale of properties in the area of ​​the property of the auction. Property auctions are created to provide useful services with respect to different types of properties listed for auction of property in the auction of the seized property. The main reason for the introduction of property auctions among the customer is that the population to facilitate the sale and purchase of different auction properties. In auctions of goods, all types of properties are listed, particularly house property or real estate is sold more demands from buyers worldwide. The types of properties listed in property auctions are repossessed property, government and commercial properties.

Property auction list will consist of a greater number of properties listed for action in the property market and interested persons can go to the bidding of the property. Property Auction facilitate both the seller and the buyer involved in property auctions. Property auction takes place around the world and will be taken by property auctions property auctions have experience with the appropriate state. Auction property meets all the statutes of the state and federal. The main objective of the creation of the auction the property between the client population is that compiling the terms, rules, regulations and state statutes. Auction property obtains more demand among customers and the large number of people availing the service provided by the auction of properties.

Customers can get from anywhere, but especially on the side of his friends may have a hidden source of customers.

It is not going to offer you products or rather annoy with their needs to sell, no, you simply will find and greet friends not seen such a long time ago, I hope you’re in a social network, I hope that at least have an e-mail.

Your friends and contacts are a key part of their lives online, and add new contacts who will listen and address can be very time and effort.

We’ve all made friends throughout our lives, school mates, college, work, travel, entertainment, etc., And we have the Internet to find them. We ask how to find my old acquaintances on the Web? one can find a discouraged, also not everyone is on the same network.

No wonder that a friend is not interested in the business we do, but if our work is not about business but we do what we did with it, such a significant improvement of our life, travel, have things both desire and love, etc., they may be more willing to listen and be interested in the method or tool by which we achieve these results.

Web tube into a social event to be fun and that fun and work even better we have several tools that allow us to find those people who may be key in our business.

Snitch.name is a service that allows you to search by name and surname of a person in the major social networks, all at the same time. Some of the sites covered are Facebook, MySpace, Flickr, LinkedIn, Hi5, Twitter, Google, WordPress.org blogs. Read the rest of this entry »