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Apr
25
How To Avoid Hiring A Bad Property Management Company In The OcIn Southern California, especially Orange County property management is an important aspect of investing in real estate. The profitability of your property is dependent on hiring a qualified helpful and professional property management company. Hiring the wrong management company can mean losing thousand of dollars, or more. Property owners who hire the right OC property management company however, can enjoy the bene Click here to read more.. »
Feb
27
The business case for video conferencing One of the most compelling cases for video conferencing technology has to be the reduction in travel costs. Many businesses increasingly view travel as a drain on time and budgets. You can understand why when most business travellers admit that only half of the time spent on a business trip can be classed as productive working time. Not only could you reduce your business travel bills by up to 30%, but you could also improve employee productivity by cutting back on idle hours.
Allied to the reduction in travel time and costs is the environmental argument. Video conferencing uses little energy – no petrol, diesel or aviation fuel, only a few units of electricity. The technology can help the business reduce their carbon footprint and environmental impact. To demonstrate the point, a UK environment minister gave a keynote speech at the Climate Change Conference in Sydney via video conferencing. This saved 60 hours of travel time and 6.2 tons of CO2 emissions.
Your business could benefit in other ways too. Video conferencing gives you the flexibility to hold ad-hoc meetings; you don’t have to plan weeks in advance. This flexibility could speed up decision-making and response times, which will also benefit your customers.
Why invest in video conferencing now?In the past, video conferencing has had a bad reputation. It’s been seen as expensive, complex to implement and delivering low quality, jerky images. However, these arguments are losing ground as the technology rapidly evolves and affordable fast connections make high definition video conferencing a reality.
Traditionally, you would have needed an ISDN network for video conferencing, but today’s IP-based networks are fuelling an interest in converged voice, video and data communications. IP lends itself to cost-effective voice and video conferencing and has the added benefit of allowing users to collaborate on documents simultaneously. Cisco estimates that global IP traffic will increase fivefold over the next four years. The company also estimates that all forms of video traffic will make up 90% of global consumer IP traffic by 2013.
Video conferencing shopping listThere is a video conferencing system for every budget, ranging from personal desktop systems using low cost webcams, through to specialist video conferencing equipment designed for use in meeting rooms and other shared environments. However, the essential components of any video conferencing solution are camera, microphone, monitor, speaker and codec.
For most organisations, high definition video conferencing is the most readily available option and offers good quality on a limited budget (usually between £1,500 and £5,000).
Your next consideration should be the number of point to point video-enabling terminals or ‘endpoints’ needed. If you specify too few endpoints users could get frustrated that they do not have access to the technology. You need to balance the cost of the video conferencing equipment and services against convenient access to the network of endpoints.
Video infrastructure – a high definition video conferencing service may require an investment in additional network infrastructure, such as a dedicated line or circuit for each endpoint. Each session will demand connectivity of around 1Mbps for clear video and audio. Deploying high definition video on the enterprise network can cause problems; the network may not be able to handle real-time video, while video activity may compromise other enterprise tasks. The right media-ready network is vital to the delivery of business video applications.
Extra peripherals – you might also want to invest in additional peripheral devices to enhance the video conferencing experience; this could include high definition and wide-angle cameras, upgraded speakers and microphones. You may also want to connect your systems to DVDs, VCRs and document and multimedia applications via a PC.
Test the water with web conferencingIf there’s some resistance to investing in video conferencing solutions, one way of proving the benefit to the business may be to experiment with lower cost web conferencing solutions. These could not only demonstrate cost savings but also lead the way to more sophisticated technology.
Web conferencing allows your staff to share what’s on their desktop with people in other locations. Typically, this happens in conjunction with a phone call or audio conferencing session. Additional features include the ability to share documents and to work collaboratively on projects.
Why telepresence could be the next step for video conferencingJohn Chambers, Cisco chief executive, has compared telepresence to “Star Trek teleporting”. Telepresence offers ultra high resolution, which makes video conferencing an even more immersive experience. Spatial audio allows the transmission of every nuance of a conversation, while huge screens and high quality cameras capture every detail of an expression.
Fabulous as this sounds, telepresence remains an expensive technology to implement at present. It requires a high-bandwidth connection and a specifically designed room at each location. Question about businessHow do I start a successful retail business? 1. Which retail business would be best to start and why: a) Specialty retail business or b) Mail order business? 2. Which type of business is more predictable and does not change often: Specialty retail or mail order? 3. Many people say that PASSION is important when it comes to starting a business because the owner will have to work long hour to make his or her business a success. I agree with that but can you explain to me why there are many people out there who started their successful businesses outside their PASSION? 4. How can I choose products and services to sell that fit my personality and are part of my values? 5. I took a Myers-Briggs personality test and the result of the test shows that my personality type is an ISFJ (Introverted, Sensing, Feeling, Judging). Would someone like me who possess this personality type can become successful in operating his or her retail business?
ntl:Telewest Business boasts more than 15 years’ experience in delivering communication solutions for private and public sector organisations, and has invested more than £13billion in the largest alternative Next Generation Network in the UK. To find out more visit http://www.ntltelewestbusiness.co.uk/
Feb
27
Benefits of Direct Mail Advertising and Catalog Mailing Services to Miami FL Businesses Direct mail advertising and catalog mailing are two initiatives that could definitely benefit any business in Miami FL. Direct mail advertising is much better than more expensive mass media campaigns that are blindly sent out to a wide unclassified audience. With direct mail advertising, your advertising and marketing efforts and costs are specifically targeted to carefully identified market segments, down to individuals who meet your company’s required criteria for certain products and services. This makes for a more cost effective advertising and marketing campaign that could result in more sales in Miami FL. Catalog mailing is one of the best examples of direct mail advertising that you can do in Miami FL. In fact, it has been proven by research that every year, up to 167 million people in the United States make their purchases from catalogs they receive in the mail. Each person has been found to be making an average of 11 orders in a year. Summed up, that makes $1.8 billion worth of sales from catalog mailing every year. If the purchases of businesses are included, the amount goes up to $150 billion worth of sales from catalog mailing every year. When your target consumer receives your catalog mailing, it becomes a convenient reference material helping them decide on what to buy. Studies show that with the printed catalog in hand, the consumer is more than twice as likely to buy one of your products online. Statistics show that majority of online sales come from consumers who based their purchases from a catalog received by mail. Such consumers are more valuable than others because they have also been shown to spend an average of 16% more than others. They also often become repeat buyers who make frequent purchases, increasing sales by 15% more on the average. Aside from encouraging consumers to buy your products or services online, catalog mailing can also give them the option of placing their orders through the phone or through regular mail. When done in the same area as the company’s physical store or office, the catalog can also send you additional walk in shoppers who may be curious to check out your products in person. Direct mail advertising and catalog mailing is an effective way of introducing your company’s products and services to your prospects in order to establish brand recognition and recall. You can use them for your current customers, too, giving them information about your other products, aside from the ones they are already using. Furthermore, your direct mail advertising and catalog mailing campaign can be used to strengthen your relationship with your clients by being a venue for their feedback and for a continuing dialogue between you. You can also use the mailing campaign to reward them with discount coupons and freebies. One of the advantages of direct mail advertising and catalog mailing is that both can be adjusted depending on the size of your firm’s budget. You can make it as small or as large as you need or want. You can even intentionally launch a mini campaign first in Miami FL for the purpose of testing, tracking and measuring responses. Results can then be used to make the subsequent larger campaign more efficient and effective, ensuring higher revenue per cost. To assist you with your direct mail advertising and catalog mailing efforts, postal services are sometimes not enough especially when you will be handling bulk mail. Find a professional mail house that offers business mailing services. Make sure that they offer fulfillment services such as presort services. With this simple step, your business is on its way to success in Miami FL. Question about businessWhat business minor should I get in addition to human resource management?
Rapid Mail & Computer Services Inc
Feb
27
Business Process Outsourcing in the Philippines through Web Dot Com Business process outsourcing has opened the doors of third world countries like the Philippines to global business, inspiring local talent to attain world-class credentials and eligibility. Now that the country has proven its capability at providing a highly qualified pool of human resources, companies around the globe have seen the wisdom of outsourcing in the Philippines. In fact, the Philippines is one of the top recipients of outsourced business processes worldwide. Through business process outsourcing, companies are able to streamline their operations and lower costs. Certain work processes are sourced out at a fraction of the cost of in-house counterparts. Not only are resources saved but company management time is freed up, as well, to enable them to focus their attention to core business competencies, maximizing the company’s specialization and leveraging income and profit. Back Office and Front Office Procedures Business process outsourcing is divided into back office procedures and front office procedures. Back office procedures are internal functions that include, among others, human resources administration, payroll, tax compliance, purchasing and disbursement, order entry, billing and collection, and cash and investment management. Front office procedures are external functions that include, among others, customer relations, marketing and technical support. This contributes to customer satisfaction, strengthens brand loyalty and increases market share. Front office procedures are often handled by contact centers or call centers. Contact centers provide more comprehensive services beyond voice calls. Unlike call centers, contact centers use a multi-channel contact management platform where customer interaction may also be done over the web or through email, fax and even instant messaging. Inbound and Outbound Calls Contact centers handle either inbound or outbound calls. Inbound calls are calls from customers or employees of a client company. The calls are received by a help desk and, depending on the caller’s needs, are routed to the most appropriate persons to handle them. These calls are usually related to customer service needs, sales or technical support. The contact center is bound by a service-level agreement with the client company, where service goals are stipulated. Several metrics are used in measuring performance, including first call resolution, average handle time and average queuing time. Outbound calls are made by contact center associates to clients, customers or a lead list. This could involve telemarketing to prospects or current customers, or collections on overdue bills. The interaction is often recorded or tracked by special programs. Business Process Outsourcing in the Philippines Business process outsourcing in the Philippines offered by Web Dot Com includes software development and maintenance, animation and graphic design, back office processes, and inbound and outbound contact center solutions. Contact center associates can set appointments, do customer profiling and acquisition, conduct business to business telesales, process credit cards, manage leads, manage customer relations and provide customer support and technical support. Aside from business process outsourcing, Web Dot Com also offers comprehensive website development services, including web design, e-commerce solutions such as online store applications for online shopping and online payment, content management systems, advanced portal development and other custom programming, web based database programming, website maintenance and support, search engine optimization, search engine marketing and social media marketing. Established in the Philippines in 1998, Web Dot Com has in the last ten years succeeded in positioning itself well as an ideal business partner for companies in its home turf, as well as in the United States, the United Kingdom, Australia, Germany, the United Arab Emirates, Korea, Hong Kong and the British Virgin Islands. It is committed to giving top quality service to fully support to its clients’ business growth, believing that the client’s success is its success. Question about businessOpening a business and wondering what types of expenses I can write off? What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses? Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me?
Web Dot Com Website Development Phils., Inc.
Feb
26
For the Support of Small Business in GeorgiaFor the Support of Small Business in Georgia
Content.
In the conditions of deep economic crisis and during the period of extreme restriction in requisite resources for economic investments of tendency of selecting priority in investing activities enquire upmost importance. According to these circumstances, small and average businesses must be admired in such system of priorities. It follows not only from conjectural, political or ideological purposefulness, but also from objective activities of social-economic conditions; Simultaneously it is also connected to the position perspectives of this field to solve vital questions of the country. (creating concrete atmosphere, increasing employment level and efficiency, treating and spreading technical decisions etc) however, it is baseless to speak that small and average businesses in our country have any kids of advantages in distribution of investing resources, ` moreover, it often moves to the second place.
Financing has always been the urgent problem of small and overage businesses. According to the social research of small industrial management, half of respondents had to use their own savings in organizing these enterprises. Only more than a quarter managed to receive credits, but less than 20% – to attract depositors’ sources.
The employers admit that, the first and main problem is finances and buildings and then follows cooperation with local authorities. However, investment always remains as the main problem in the activities of a particular firm.
Pressent Day Situation of a Small Business.
In western countries outnumbered commercial banks, insurance companies, branch funds, regional commercial departments of tuition structures stimulating small business, regional guarantees, outnumbered charitable funds and associations, actively support them.
Due to not existed similar institutions, the development of small and average businesses is prevented. So it is quite natural, that development of small industrial net is still unable to form the commodity market. Nowadays supporting industrial activity has no main basis in small and overage businesses. The situation of providing these enterprises with material, energetic and financial resources has recently been deteriorated; according to results of selective researches in 2000-2005, in order study small industrial business activities in industry, building and retail trade showed that nearly 40% from small industries have their raw and building material supplies reduced. The existing level of orders and resource maintenance was estimated as “..below average”; however unlike large industries, homogeneous tendency of economical situation in small and average businesses is distincted, e.g. during 200-2005, the amount of employees and usage level of industrial capacity maintained sufficiently stable in small industries.
Although capital investments of small industries include sufficiently large amount of money (11% of investment realized at the expense of financial resources in Georgian economy. The small enterprise activity of industry in the field of investment is still exceptionally low.
Inquiries showed that among active reasons about restriction of investing activities, about 60% of respondents consider high level of taxation, 30% – high rate of inflation, above 30% general economic and political instability.
The leaders of small industries, critically characterize competitiveness of their products over 50 % of leaders consider it as “average” towards the internal market.
Leaders of examined small industries consider lack of their own resources. (75% from inquired people), high payment rate (over 60%), unaccepted conditions of investing and accounting as a main resistance for their innovational activities.
Financing Sources of a Small Business.
Analysis of financing sources for small and overage business shows that the most available for their activities are inner developing sources which are used by over 3/4 of industry, while only one from four, manages to abtain any kind of means from external sources. Enquiries show that their own small business incomes take first place among financing sources. It’s proved by every two participants from three ones. On the second place are the founders of average business with their own sources; (21,7%). And private credit takes the third place, used by 17,9% of these industries. Other sources are used by 10-15% of small businesses. Simultaneously over 20% of enquired leaders consider that their enterprises have no any developing chances. More complete idea about the nature of investing in small and average business field is given by the results; Researches on tendencies of small business investments. According to this data, leaders are those industries which direct their investments towards the equipment and transportation (57,5%); and the enterprises which use investments to fill their sources of circulation. take the second place (44,3%). A lot of enterprises use their sufficient sources in repairing building and commercials (38%). Over 20% of small enterprises spend their sources on their staff training.
Comparison of data according to the groups of small industries prove all the following differences connected with specificity of a business field. e.g. small industries of trade fill their sources of circulation, frequently (76%), but they stay backward in investment of human capital – only 8% of them provide staff training, whilst corresponding average index for all enterprises is 20,8%.
One of the main problems in small business development is their slight investment in the process of crediting due to existing high risks in this field. It is caused by following factors: usually, small industries have no ability to represent absolute guarantee independently over their responsibilities and there’s no complete system of guarantees and insurance of their investing activities.
Usually, personnel of small and average businesses have no sufficient knowledge in economy, which is the main cause of those incomplete projects which are introduced by them. As for consulting service of business management and preparation of investing projects, as a rule it is excessively expensive for enterprises of small and average businesses.
The results show that in the process of providing crediting resources, leaders of small and average enterprises experience not only general inflexibility of crediting, but also discriminative policy of banks towards small and average businesses.
The main difficulty in the process of receiving credits is price restriction (very high percentage was mentioned by 47,6% of leaders of small enterprises); It is followed by the range of nonprice restriction – unpractical mortgage and guarantees (21,9%), innaccessibility of investing credits (10,5%), restriction of crediting terms (14,3%) and subjective evaluation of discriminative conditions. Besides, the role of organizing factors is not sufficient.
The interests of commercial banks are not directed towards crediting of small enterprises due to their non-existing complete technologies of investment; Besides it claims to discuss numerous investing projects, though working procedures are highly significant. Banks don’t take risks, due to their negative experience in disappearing of credited firms, no returned credits and hidden mortgages, including small and average businesses as well. Hence, due to controlling and providing insurance, they choose organizations having accounts in a particular creditor bank.
Banks avoid crediting of newly founded firms and insist on collateral security guaranteeing a small enterprise. The level of percentage implies the level of risk that is significantly high for every small industry. Sta
Thus, Georgian banks. like in western countries must inevitably develop assisted financial services for small and average businesses. First of all, it includes detailed treatment and examination of any kind of projects independently from credited funds and improvement for abilities of banks in estimation of loans. The same time, they must rely more on the knowledge of potential resources for enterprises and markets than in the amount of funds and guarantees.
Who Helps and How to Developa Small Susiness.
Noticeably developing non-governmental specific structures formed for supporting small and average industries are also of great importance. The first similar structure was founded in 1992. It was an agency, supporting small and average businesses. Its purpose is to increase industrial activity among the population with the help of consulting, informational and expert services provided not only for small and average industries but for pioneer implcyers as well. It includes issues on economic, financial and taxation policy; recommendations about keeping a ledger; support for composing constituent documents; registration of enterprises and allowance of their activities; elaboration of a firm mode, teaching business; (hobbits based on special programmers, worked out of the agency together with foreign experts). for the successful development of their own activihes; (business planning; marketing; commercials; industrial experience etc); informational support for the operations of external trade. customs issues and other normative juridical problems. Agency constantly tries to expand its own activities. It mainly includes issues on the support of activity of small and average business industries. Special investing department is created in the structure of agency for this purpose, which is directed towards the preparation, training and conducting of recommendations for composing business plans, investing projection and financial management; working and conducting of examination for investing projects; researches of their financing sources. The given department is an official agent of the federal fund for supporting small industries, that is directed to the selection of industrial projects for providing credits.
In the beginning, the functions of agency were distinctly oriented on the demands of developing small and average businesses in Tbilisi region, but now it has begun to play the role of informal-methodical – coordinative organizational structure throughout the country.
Realization of this role is significantly depended on the formation of corresponding regional agencies and their active participation in the country. Above mentioned activity of the agency must necessarily be established by state departments. Namely, it is advisable for the government to elaborate a special document about “regional agencies for supporting small industries”. In this document, it is necessary to be mentioned the labor financing scheme of the regional agencies’ net at the expense of assignation from the state budget. Formation of regional agencies supporting small and average businesses is decisive to serve physical and juridical persons in creating small and average enterprises and to provide their effectiveness. Such schedule of services is defined by developing quality of agencies which may include practically all types of support for small and overage businesses including informational services, legal advice and participation in investments. As a rule, the purpose of agencies is not receiving profits and that is why their quite high level of services compared with ones of other organizations are relatively cheap, but in some cases it is absolutely free of charge; if agencies function into contact with the government and authority organizations of all level. and are based on the assistance of these organizations.
Herewith, the first task is that the agency of small and overage business supporting, leads the work to form united informational net of regional agencies, that will take active part in the field of modern informational technologies, highly quailfield organizations. It is a significant stage of business, for united as well as regional agencies. Practice showed that, distinct division is the most essential task for separate regional agencies and affective organizational development of their net. It implies the gradual development according to the accumulation of organizational experience, stabilization of financial situation and equipment with modern organizational-technical means and so forth. At the some time, determined service must be formed gradually and successively, not only in accordance with the principle of senseless expansion of above men toned factors, but also selecting the variants which are the most profitable and essential for the agencies in this or that concrete region. It must be said that estimation of perspectives in small and average business support activities is connected with the fact, that its significance is constantly outlined by the central government of the country as well as regional authorities. Of course, it clearly gives the chance to make optimistic prognosis. Unfortunately, in reality, the existed mechanism to support small and average businesses can’t still put into practice not only present-day objective demands, moreover the tasks which are not only possible to be solved but should be , for the development of its investing activities.
Wat is the Programme of Small and Average Business Investment Support?
As it is know, programme realization of investment support in small and average businesses, may have double substantiation. The first assistance of a small enterprise development, represents the effective way of solving social and foremost, employment problems. Thus, conception of social direction for financial support in small and average business fields, follows that, grant realization of socially useful functions in a small business, must be fulfilled by state and society. The second-progress of small and average businesses are significant factor from the standpoint of effective use of people’s economic resources. Due to such approach , from the position of market economy, defined means for small and average businesses must be considered as profitable investments.
Nowadays, systematical crisis is proceeded in our country. Factual unemployment problem instead of falling is rising steadily and it requires of taking vast and active measures for small and average business development. Simultaneously, tensity of central and local budgets and lack of foreign investments do not give chance to form such material-financial basis, that includes all the above mentioned factors.
It’s clear that the way out of exiting situation can be found in the treatments of conception, such is investing support (and realization) of small and overage businesses, when all the possible funds used with this purpose will be spent on forming organizations and such financial machinery, that has high level guaranteeing aptitude for the feedback of invested resources. For the realization of this conception, several main directions can be singled out, for the fulfilment of investing activity in small and average businesses.
1. Scientific-analytical and informative provision development of investment support mechanism in small and average business fields. Here, main goal is to study priority system of financing for small enterprises, according to essential directions of development and substantiation of their realization activities with the purpose of reflecting aims at each level. (central, regional as well as small and average enterprises). Strategic research organization and financing, forming development conceptions and treatment of inter-active mechanism for investing support system in small and average businesses. In additi
The first and foremost, the mechanism for investment support in small and average businesses must be based on state structural and industrial policy, financing of private investments or definition of essential directions for stimulation, in the section of divisions, subdivisions and enterprises – definition of so called dot priorities.
Second – towards the formation of mentioned mechanisms, maintenance of scientifically proved approach is accessible as far as it reflects the real peculiarities of economic development and investing processes in this or that region.
Third – Improvement of scientific -methodic and informative supply for investment activities, mostly in small and average businesses is simultaneously connected with the existence of investing projects of small enterprises in order to restrict existing risks. The most is financial, technological and marketing accompaniment, i.e. financial analysis, technical examination, and marketing research of investing projects of enterprises in small and average businesses.
2. Reinforcement of objective direction and transfer the obstacle centre of topping-up process of investment activities in small and average enterprises at regional level. It must be taken into consideration that, formation of regional politics of investment support of these enterprises, in accordance with this qualitative index of region economy, that creates the peculiarities for small and average business development and support. Simultaneously, the development level of industrial production, resourceful base, consumers market provision, regional problems of population employment and social defence must be taken into account. Only complex consideration of all these factors, gives chance to study those activities that provide attraction of owners of industries for people’s demands in the most suitable fields and stimulation of economic development, first of all at the expense of local possibilities.
Nonexistence of financing, due to the deficit of state and local budgets, is one of the main reasons, that represents the obstacle for the outcome of central and regional programmers in supporting small industries. In such cases, it is advisable, not only subsidization of industries, but also the assistance for the development of infrastructure in small and average enterprises. (marketing as well as industrial). It must also be admitted, that the state should do its bit to establish special regional banks, innovational funds, informational analitic centers and such organizational-regional structures that serve small and average businesses and keep their interests by means of preferential duties privileged regime of transferring buildings to the possession, licensing, etc.
3. Development of perspective forms of small and average business support and financing. In this field, for reinforcement of purposeful direction of investing process and raising its effectiveness, local administrations should orientate on the creation of main tendencies of progressive investment infrastructure for small and average businesses. Great attention should be paid to the following factors:
Grade 1. Development of crediting system for the purpose of increasing the number of financial support receivers and simplify the way of giving commercial credits to small industries, implies the expansion of financial institutes net, that realize small and average business crediting with preferential conditions. It includes: lowering interest, extension of crediting term, reduction of demands at the expanse of guarantee and free consultations.
Grade 2. Development of guarantee mechanisms of investing credits, given to small and average business industries must include given state guarantees to commercial banks, which took part in financing these enterprises. Compensation of some parts of interests rate. at the expense of commercial credits of banks, could be considered as the significant tendency of using guarantee reserves, especially at the initial stage of project realization, when returning of funds is still delayed in small and overage business field, for the support of investing business activity.
Grade 3. Financial crediting mechanism of small and average business support, implies the assistance of development, including cooperation of small enterprises and establishment of new mutual – crediting forms of societies in crediting field.
Grade 4. Leasing development, as the most perspective form, is inevitable process as the most perspective form for small enterprise investors. In industrial countries, leasing includes 25-30% of direct investments annually, but in our country it is not still well expanded. for moving complicacy centre of financial operations from circulation field into real sector of economy in leasing development, it is essential that the participation of reliable commercial banks and insurance companies to be actively stimulated.
Grade 5. Establishment of industrial and technological service system in small and average businesses, implies the consideration of this fact that, nowadays, actual reserve of forming some element of infrastructure of small businesses, can be usage of industrial capacities and properties of poor industries, after their liquidation, reorganization and changing profile. (namely, it is possible to locate supporting units of small groups of ownership and enterprises on their base). Distinct experience of realization of such approaches is already existed in a number of regions from the standpoint of industrial-technologic support of industries.
Grade 6. The problem of developing modern tendencies in small overage and large business cooperations has already been matured, e.g. franchise development of small industries in Russia will help to solve many essential economic and social problems. Here, first and foremost is meant the creation of new working places and broad involvement into business of all these people, who can’t manage it independently, without any support and getting suitable knowledge. In modern conditions, a range of obstacles arised against the franchise development in Russia: non-existence of special normative-legitimate base and suitable informational insurance, owners insufficient knowledge of running business by means of peculiarities of such skills and possibilities; nonexistence of sufficient consultative structures; and common financial-crediting problems.
In the development of modern tendencies of cooperation in large and average businesses, financial-industrial groups play a drastic role. According to the practice of development countries, such groups grow the stability of economy and give chance to solve investing problems. It’s especially important for the regions, where there are outnumbered branches and subbranches with high investment capacity. Such as: (fuel-energetic complex, wine-making, mineral waters, etc) and conversional enterprises. Financial-industrial groups can become the significant means of realization of state selective structural politics, as with the help of these large integrated structures, it is easy to carry out rational manoeuvverability in industrial sector; among them, definition and support of prioritative fields and enterprises.
Grade 7. It’s necessary to put ventural financing schemes into motion and develop investment insurance system in small and average business fields. During realization of the above mentioned schemes, effectiveness of scientific-research and experimental-constructive works are significantly increased in small enterprises. Innovational campaigns of a small business, in most of the countries function by direct backing of the state, that really estimates their great national-economic importance and due to this is ready to assign corresponding financial expenses. Innovational small enterprises, technological development funds, incubator of te
4. Establishment of united investment infrastructure in small and average businesses. Specialization of financing-crediting system in small and overage businesses can be carried out in two ways: a) Investment. In the way of forming financial organizations, specialized at the expense of investing operations: 6) In the way of orienting, just connected with small business operations. Different combinations of the above mentioned directions of specialization for financing-crediting organizations in small and average business fields, are also possible. But in any case, these organizations must be given distinct privileges by federal and regional organs. Unfortunately, for fear of next “financing pyramids”, at present, population don’t have eny confidence in establishing these specialized investment banks and sharing investment funds, that assemble the private investors’ funds and after, these are put in small enterprises as well as in small and average infrastructural units as the investment portfolio. Thus, at initial stage ideological training for the sharers of small business and population is necessary. It’s not less important that such specialized investment organizations, for the purpose of guarantee and getting confidence must be created on the initiative of these state, social and commercial organizations, which are highly qualified in successful running of small business industry field and have authority over this field.
5. The role of small and overage business support agencies in the development of crediting and investment mechanism of this field. In the regions, these agencies characterized by a range of peculiarities due to their status, that creates quite profitable atmosphere for them, during the corresponding service. First regional agencies are fully specialized in their field. With the difference from many other organizations, for which small and average business support is either temporary or accompanying with essential business. These agencies can use their priorities for getting experience and advices, attracting highly trained specialists, having permanent relationship with administrative organs and so forth. That is why, the service of regional agencies is famous for its quality. Their consultations and other forms of small and average business support are high trained in all, and recommendations – useful and practically acceptable. Second, such agencies have right to use all the various forms and methods of small and average business support, that on its side securing the complexity of their service. Third, from the very beginning regional agencies are involved in federal, regional and local systems of small and average business support; That is very important for the successful realization of their registration, investment and other functions. Fourth, regional agencies take objective part in the whole net of intercommunicated and inter useful organizations, that is practically expanded all over Russia.
In the case of successful development of regional agencies’ net, this advantage can be essential for small and average business support, due to their specialization and professionalism, treatment of regional politics, development of proper federal and regional programmers and also because of having participation ability in creating similar regional bases.
To maintain the special status and role of their organizations, the staff of regional agencies must take into consideration well, a main point of the politics of small financial industries support, that must be realized on different levels of state government, clearly elucidate all the varieties of useful forms, methods and institutes, necessary for the development of this politics; They must easily manage to orientate on the proper segments of investment-financing, momentary-crediting and stock markets.In the formation and realization of regional politics of small and average business subjects, the first condition for successful participation of regional politics is to know as much as possible about real financial demands of concrete enterprises. But the problem is not only in the manifestation of the demands of additional finances, but also in structural-problematical analysis of the above mentioned and also in the manifestation of these small enterprises, that require financial support most of all; afterwards, selecting the most long-range enterprises from the standpoint of future profitability. (after getting financial support).
The role of regional agencies in deciding these problems will be shown in working out unavoidable systematic-analytical instruments, in leading proper date basis, creating informational guide and findings fulfilled by general as well as individual orders on the basis of their own estimation. Above mentioned orders can be as from enterprises themselves, as from authority and government organs and financial-crediting organizations.
Other direction of activity of the above mentioned agencies, according to the regional politics context of financial support of small industry, must be the research of possible sources of free funds in the region and in solving financial problems of small and average business or working out principal schemes of their usage in investments.
Evaluation of regional politics structure for financial support of small industry. without the arrangement of systematic monitoring of this sphere, its constructive and in-time correction is impossible.
During the time of special and regular researches of industries, regional agencies can evaluate programmer realization results in small and average businesses – (for different level budgets and enterprises, which require assistance) in the concrete regions. Also, practical results of giving credits and establishment of regional taxation privileges for small industries.
Thus, regional agencies can take part in the realization and formation of regional politics of financial support in small enterprises and play a mediator role and such a performer, who has to carry out a range of the functions, which were not paid any proper attention by any kind of elements of regional infrastructure in small and average businesses. With the help of all these, they would like to assist the growth of investment activity of this field.
The Funkcions of Regional Agencies in the Development of Small and Average Businesses.
Functions of above mentioned agencies, for small and average business support, enquire essential analysis in line with the development of progressive investment forms; and in the realization part of prioritative tendencies of its state support.
1. The role of regional agencies in the development of leasing and franchise. In the development of these progressive forms of
Such steps represent the following: a) making contact to these firms in Georgia, which are potential organizations of leasing and franchise, working out typical documents jointly (contracts, methodic, checking procedures etc). b) organization of juridical, consulting and informational assistance. (Search and selection of partners, consultations, assistance in teaching and control, etc). c) organization of international cooperation (leaseholders and franchisers ‘ search in Russia and abroad, assistance in market research, selection of potential clients, adaptation of foreign system of leasing and franchise to Russian conditions, assistance in arranging these technical questions, which include partners separation a long way off, corresponding..service..etc).
2. The role of small and average business support agencies in the development of industry in innovative field. These agencies can play an important role in getting contact among innovative firms and their providing with necessary information; They can render assistance to such industries, expressed by investment support. from the side of agencies, main directions of small industries support in innovative sphere are the following: information base development in innovative small enterprises, assistance to establish such data base, were advices about the publication are given in the proper scientific fields; notifications about introduction of distinct types of techniques, about perspective development of scientific-technical approaches. b) rendering assistance of preparing investment projects, in estimation of perspectives of offered scientific-technical projects, in creation and introduction of new techniques and risk determination connected to above mentioned factors. c) in assistance of providing small innovative enterprises with industrial buildings and equipment and for scientific-research realized by them. d) ensuring of small innovative enterprises with consulting and teaching services and keeping intellectual questions: e) assistance in finding partners and making contact with those enterprises, which work in a joining fields.
The law on “supporting the development of small enterprises” adopted on 23 Jule 1999 is considered to be the next step toward supporting the development of country’s small and medium enterprises. The law helped to create “the center for supporting and developing small business”. The year 2002 was very important for providing Georgia’s business enviornment with legislative basis and adopting new normative acts.Much attention is presently given to the changes in the law on supporting small and medium enterprises.The law defines the status of small and medium enterprises according to workers’ requirement and annual turnover of their funds. In the same year small and medium business support program 2002-2004 was finished and adopted on president’s descreet.From then on the law has been improving,but the desirable result hasn’t been achieved yet.It is noteworthy that in 1991 there were 600 small enterprises registered .In 1994 their number increased to 12000,in 1995 to 17000 and in 2000 it increased by 20%, in the year 2006 the total number of small and medium enterprises amounted to 22000,thought 28% of the enterprises are inactive.[
In Georgia, mastering new skills for industrial development in small and average business fields, gives chance to make conclusion that, this field of economy gives vast possibilities for effective investment and its future progress. But it is essential to reveal and put into practice energetically, the most effective ways of using these possibilities. In connection with this , it must be said, that state policy must be more flexible in the tasks of forming own financial sources of investment, which are the most important at present, for the small enterprises. These industries must be given free rein, while establishing amortization norms, which defines the structure of internal financial sources of investment (in the job of using internal sources of investments, except the state legislative support, the effective consultative assistance of small business support organs is also unavoidable). Active state support is very important for the attraction of external financial sources of investment by small and average business enterprises. Small business characteristics, such as flexibility and mobility, implies that small industries must have ability to increase their financial resources fast, in any proper time. Its realization is only possible at the expense of borrowed funds. On its side, it includes organizational state assistance in getting funds, guaranteeing commercial funds given to small industries and accomplishing other supporting activities . It is natural that, the progression of this support must be accompanying process of state control reinforcement from the view point of using investment sources and overall development of small and average businesses.
Thuse, the analysis of current social- economic conditions in Georgia and valuable experience gained from foreign countries show that during transitional period small and medium business must play on important role in forming national economy.
Small business representis one of the main structures of business, that must establish market economy provide the creation of private business as well as new social class- small and medium business managers and help to overcome the crisis in economy.Small and medium business proved its viability. Their exsistence encourages the mobilization of labour and material resourses creation of jobs,quickly reacts on investments and meets market needs and takes part in state and local budget fulfillment process.
We must hope that if we use the experience gained from foreign enterprises,we will be able to support small business. From this point of view the structure “Business incubations” is the most effective. Business incubations hasten the development of small business and reduce fail in business by 22%. This question deserved our particular attention because the conditions of small and medium business in Georgia are unfavorable. We approve the creation of business incubations for supporting the small enterprises that have been chosen for some reasons, and their support is exercised by providing them with machinery, services, consultanting and
education.They act to establish contacts between other sectors of economy,grow innovative activities of business that makes diversification of economy possible and on top of all encourages the growth of small and medium business and their viability.
Business incubations are flexible structures and merge with infrastructural complexes of region very well. The analysis of functioning business incubations based Our recomrndations:
Based on these recommendations we set the goals and main directions of small and medium business development in the following way:
1. To create a stable enviornment for business with the help of business incubations.
2. To create new highly paid jobs in small and medium business.
3. To introduce specialized multilateral business incubations.
4. To provide small and medium business with informational,consulting and financial – credit means.
5. To Supporing the increase of independent traders’ number in small and medium business.
6. To meet the consumers’ needs immediately.
7. Formation of the enterpreuners’ class that should become the stable guarantee for economic security and overcoming poverty.
Question about businessOpening a business and wondering what types of expenses I can write off? What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses? Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me?
Lamara Qoqiauri Tbilisi Iv.Javakhiashvili StateUniversity Professor Doctor of Economics Mob: (995 99) 906011, (995 32)79 07 10 e-mail: qoqiauri@yahoo.com
Feb
25
Black Business – Things to keep in Mind A business (also called a firm or an enterprise) is a legally recognized organization designed to provide goods and/or services to consumers. A black business is a term given to the business owned by black people. The black business has gained popularity in the world and the black entrepreneurs have gained a lot of recognition in the world. Starting a new business is a huge responsibility in itself and it requires a lot of dedicated effort and time by the black entrepreneur. He is the person who starts the black business and plans ahead for his black business. Certain skills and experience are critical to the success of a business. The black entrepreneur must possess these skills in order to make his black business a success. Sometimes it is unlikely that the black entrepreneur possess all the skills and experience needed to start the business, so it is better to hire personnel who possess the knowledge and has qualities that the black entrepreneur lacks. There are some basic and special skills you will need for setting up your black business. It is important to identify the strengths and weaknesses and capitalize on them. The black entrepreneur must hire trained and enthusiastic professionals so that their black business gets benefit. The trained professionals have experience and can help in the betterment of the company. They can help the black entrepreneurs in taking decisions of the company and help the black business to grow in a better way. The selection of the business is very important. If the choice of business is good, then it will benefit the black business and would help the company in growing quickly. A lot depends on the choice of work that the company is going to offer and the location where the company has been opened. The location of the company is an important factor for various reasons. Firstly, the employees would feel great if the company location is nearer to their house. The employees would feel an ease in managing their time schedules. Also the location of the company matters a lot in the choice of business it is providing to its customers. It would be a bad idea to open up woolen shop in an area near to industries. It would be of no use to the owners as well as to the customers. So a proper planning is needed to start a business by looking at various aspects in the society. For the black business to flourish, it is better to provide better service to its customers. After all, Customer is God in the professional world. So the black entrepreneurs must give stress on customer satisfaction. It is for the betterment of the black business. It would be right to say that various factors altogether add up to a successful business. The black entrepreneurs must keep all these things in mind in order to make their business a success and gain popularity in the professional world. Question about businessOpening a business and wondering what types of expenses I can write off? What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses? Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me?
Black Business – Things to keep in Mind.
Feb
24
Black Business – African American Business Setting up a business is a huge responsibility on the shoulders of the entrepreneur. When starting a new business, there are many important decisions to make and many rules and procedures that must be addressed. It is a huge responsibility to start a new business. It involves high risk to start a new business. A black business owner is ready to take on the responsibility head-on and work patiently and dedicatedly to start a new business and take it to great heights. It is the initial stage of setting up the black business that needs extra care. The black entrepreneurs are very conscious about their businesses and they put in their efforts into it. Setting up a new business requires experience and the black people are experienced enough to handle various situations with care. Businesses are predominant in capitalist economies, most being privately owned and formed in order to earn profit that will increase the wealth of its owners and grow the business itself. This will increase their profits and they will gain popularity. The black business owned by black people is gaining popularity in many cities of the United States. The black people who own the black business are very determined and conscious about their businesses. They have the strong will of putting their 100 percent effort in the business so that it nourishes well and thrives against all shortcomings. This way they grow their black business and gain popularity. To build a successful enterprise, it is very much important for the black entrepreneurs to enjoy their black business. The black entrepreneurs have a slight edge because they are the owners of their business which is actually their passion. This way they are motivated to work even more as they are doing the work which they like. With the monotony of forceful involvement in a field that means a little or nothing to you removed, you are bound to flourish doing what you enjoy the most. Before actually starting their black business, they must write a guide in which they have the written down the plans of starting and running their business successfully. This plan will encourage loans, promote growth, and provide a map for the black business owners or for the black entrepreneurs to follow. They would not feel lost and they would have their ideas at any point of time. It is very encouraging to see the black business growing at a robust rate. Viewing this fact, one can say that the black business owners are the people who are growing their black business at a very faster rate thus becoming the firms that are among the fastest growing segments of the US economy. Question about businessWhat does a business analyst do? What course do you take to become a business analyst?
Black Business – African American Business.
Feb
24
What Do I Need To Do To Start Marketing My Business On The Internet?Many people are daunted by effective custom web design, site optimization, internet marketing, seo, etc. How can you blame them? There are so many so called “experts” out there spouting off the latest internet tripe. With just a little research, you soon discover that these experts are usually hawking some business opportunity or selling software. So, we’re going to divest the entire process of it’s mysticism and make it as plain as possible. Here’s what you’ll need to market your business effectively on the internet. The first thing you’ll need is a great website. This is not the area where you want to play it cheap. Do not design your own website! Unless you’re a graphic designer, you’re probably not as artistic as you think that you are. Hire a good web design company. Think about it. The first contact that many prospective customers may have with your business are you marketing materials such as your web site. A well designed web site should educate, instill confidence and trust in potential customers and above all is A SALES OR CLOSING TOOL. This can not be emphasized enough. It should not merely be a pretty online brochure. It’s purpose to either directly or indirectly close business for you. Period. Make sure you check around on the internet and observe your competitors websites before deciding on the design of your site. A good design company will help you with this. Study the design elements and features of the most successful companies in your industry. Do searches to determine which of their sites get top rankings in the search engines. Also, look for opportunities to innovate to make your website even better than theirs. Make it clear what you want from your website to your web design company. After your site is constructed, the next thing that you need is for your site to be optimized. Site optimization consists of selecting the right keywords and then imbedding those meta keywords and phrases in the pages and links of your site, installing site maps, doing link exchanges, installing robots and analytics, tying in blogs and article directories, posting articles, and more. This makes your website search engine friendly and helps to get you higher rankings in the search results. Make sure your design company is experienced at this. Some designers are just so eager to get the business that they’ll claim to know more than what they actually do. Do not bypass the site optimization step and just try to submit your site to the search engines. All that will happen is that no one will ever be able to find it. The last component is actually internet marketing or promoting your site. One popular way is submitting your optimized website to the search engines. There are literally thousands to choose from. However, the majority of searches are done through: Google, Yahoo, AOL and MSN. A study conducted by Berrier Associates shows that of people who spend five or more hours a week online, they average an astounding 71% of their time searching for information. Other research shows that the most common method of finding a website is through search engines. Google powers over 70% of all searches and is the trendsetter for algorithm creation. Therefore, search engine marketing is of paramount importance. Some search engines are free and others you pay for. A good SEO company can advise on which search engines work best for you. By applying just these simple strategies, you will be well on your way to getting good results from your internet marketing. Question about businessOpening a business and wondering what types of expenses I can write off? What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses? Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me?
From The Minds Of Wharton Get Appointment Setters, Virtual Assistants, Telemarketers, Search Engine Marketing Specialists and more as low as $299 per month! Wharton Business Foundation is one of the foremost respected consulting firms helping companies to grow their business to the next level and beyond. With clients spanning across the nation as well as around the globe, our name has become synonymous with cutting edge expertise and timely intelligence. Though many of our clients know us for our business building experience and marketing and sales training expertise, we are quickly becoming known as the Premier Outsourcing Firm in the continental United States.
Feb
19
How Can I Use A Virtual Assistant To Benefit My Business?Outsourcing to a Virtual Assistant (outsourced employee) can increaseproductivity, reduce costs and save you and your company time. Virtual Assistants, also known as VA’s, have been around for more than 10 years and in this day and age, utilize the technology era. They are highly qualified, educated and experienced people who basically can perform all of the same skills that traditional in-house staff provides. Many VA’s are College or University educated in business and office administration with work experience in an office setting. We recommend a simple 3 step formula for determining what duties to assign an outsourced employee. First and foremost should be revenue producing functions. Simply write a list of what they should be. These include: appointment setting, cross-selling your existing customers on additional products and services (very important), telesales to new prospective customers, follow up sales calls on old leads that never closed, email blasting to generate new leads, internet sales, sending out online newsletters to existing clients, search engine optimization, blogging, article writing, handling your social networking (Facebook, Linked-in, Twitter, etc), updating your website with fresh content and articles, there are over 50,000 free classified advertising sites on the internet other than Craigslist.org they can post these ads for your business, and much more. Secondly, are the revenue retaining activities. These include: customer service, technical support (online and on the phone), internet “live chat” on your website, invoicing, billing, taking phone payments, collections, sending out birthday or thank you cards and gifts to clients, fulfilling client information requests and more. Third and last, are the non-revenue producing functions. These include: book-keeping, accounting, payroll, data entry, document and contract preparation, programming, research, answering your emails and cleaning up your inbox, scheduling and managing your calendar, acting as an answering service, fulfilling information requests from prospective clients, office management, employee scheduling, presentation preparation, making travel arrangements, desktop publishing, computer training, medical/legal transcription and more. The benefits of outsourcing to a qualified VA are plentiful. VA’s use their own equipment so there is no wear and tear on your office equipment or a need for special equipment. By outsourcing to a VA rather than hiring an in-office assistant, you will never need to pay employment insurance, vacation pay, sick pay, or contribute to retirement plans and worker’s compensation. There is no cost for training new or existing employees; VA’s are already qualified. There is no need for extra office space; VA’s do everything off location. There’s no need to worry about in-office employees requesting time off; VA’s are available when you need them. Like you, a quality outsourcing firm understands the needs of businesses today, ensuring the success of their clients. A good outsourcing firm values each and every client; it is because of these clients that they ensure your VA’s will aid in the success of your business. How else can outsourcing to a VA save you money? VA’s are pre-trained and experienced individuals with the ability to catch mistakes made in-office, not only saving your business money but also protecting your business reputation. And for those in-office employees that you cannot go without, a VA can take a little of the never-ending workload or less-important projects off their shoulders to ensure you, as a successful business, maintain your quality reputation and increase employee productivity. So the question really should be, “why didn’t I do this years ago?” Question about businessHow do I start a successful retail business? 1. Which retail business would be best to start and why: a) Specialty retail business or b) Mail order business? 2. Which type of business is more predictable and does not change often: Specialty retail or mail order? 3. Many people say that PASSION is important when it comes to starting a business because the owner will have to work long hour to make his or her business a success. I agree with that but can you explain to me why there are many people out there who started their successful businesses outside their PASSION? 4. How can I choose products and services to sell that fit my personality and are part of my values? 5. I took a Myers-Briggs personality test and the result of the test shows that my personality type is an ISFJ (Introverted, Sensing, Feeling, Judging). Would someone like me who possess this personality type can become successful in operating his or her retail business?
From The Minds Of Wharton Get Appointment Setters, Virtual Assistants, Telemarketers, Search Engine Marketing Specialists and more as low as $299 per month! Wharton Business Foundation is one of the foremost respected consulting firms helping companies to grow their business to the next level and beyond. With clients spanning across the nation as well as around the globe, our name has become synonymous with cutting edge expertise and timely intelligence. Though many of our clients know us for our business building experience and marketing and sales training expertise, we are quickly becoming known as the Premier Outsourcing Firm in the continental United States.
Feb
16
Lebanon: Many Businesses Plan to Expand, Despite Unrest Copyright 2008 IPS – Inter Press Service/Global Information Network BEIRUT, Lebanon, Feb 6 2008 The year 2008 has already been grim for most Lebanese businesses: Struggles with the nation’s permanent protest movement, security problems, a brief war in a Palestinian refugee camp and sporadic bombings have brought the nation to its knees. Most recently a bomb tore through the bustling Chevrolet area on the outskirts of Beirut on Jan. 25, killing Captain Wissam Eid from the Internal Security Forces. As the political situation tips further in the direction of widespread insecurity, however, Lebanese businesses around the country are clinging to the motto, "the show must go on." Expansion seems to be the word on the street in Beirut, no matter what the uncertain future may hold. ABC, a major department store and mall with seven outlets, two main flagship stores and a staff of more than 1,000 is currently revamping one of its main branches in Dbayeh. "In March, we are also launching a new section extending over an entire floor of 8,000 square meters dedicated to children, dubbed Kidsville. It will also include a 500 square meter playground, an array of kids’ accessories and a coffee shop, La Mie Doree," said Robert Fadel, ABC’s general manager. A second big store in the Ashrafieh suburb of Beirut is adding an extension for a playground that will fill an expanse of 800 square meters. The Johnny R. Saade group is also jumping on the expansion bandwagon. Its travel and tourism arm, Wild Discovery, will be setting up shop in Kaslik in northeast Lebanon in a few months. "We decided to push forward with the opening of new branches in Lebanon despite the prevailing situation, following the simple strategy that one has to invest and position oneself in times of relative crisis to prepare for the inevitable economic and political recovery that can be foreseen," said Sandro Saade, one of company’s owners. "This opening is also justified by a strategic objective to cover the northern Beirut area, where there is a demand for high-quality travel services." The company’s real estate arm boasts a $30 million residential project sprawling over 18,000 square meters in one of Beirut’s posh suburbs. In addition, the group is developing a winery in Bekaa Valley, near the villages of Kefraya and Tell-Denoub, covering a 50-hectare swath of land. The project is estimated at $25 million and will employ 50 people, excluding seasonal workers. "The Lebanon venture will also integrate two other complementary projects, namely a wine museum and a boutique hotel, or ‘h"tel de charme’" with 30 to 35 rooms, said Karim Saade, another company owner. It is not just big names that are taking a leap of faith into the murky Lebanese waters. Nehme Lebbos, founder of Iloubnan, a news portal for Lebanon, left his home country in 1991 and worked as an IT consultant for 12 years in France before coming back. "I wanted to come back ever since I left. I started IIoubnan in March 2005 with the help of my wife, a French journalist," Lebbos said. "It is a Web magazine dovetailed with an e-commerce wing." The young entrepreneur has poured all his savings into this venture, relying on a bank loan, as well. The company’s recent success has allowed for an increase in operations, with four journalists employed on a full-time basis and a network of 20 freelance journalists around the world. A shared vision of Lebanon seems to cement together the diverse business figures. "Lebanon is our homeland and we believe in our country," Fadel said. On the other hand, Lebbos is conscious of the risks he might incur but is nonetheless determined to promote change in his home country. Although most companies are investing in Lebanon, many have also looked to taking their business abroad. ABC will be opening in Jordan in March. "The company will bring to the Jordanian market a spirit of Lebanon, and aims at becoming a leading and trendy shopping destination," Fadel said. Similarly, the Saade brothers are relying on an international network of agencies for their tourism activity as well as launching a new winery in neighboring Syria. The group is trying to counter the negative business environment by highlighting the quality of its services. And so Wild Discovery is investing in an in-house sales training program expected to enhance its team’s knowledge and technical skills. For most entrepreneurs, the essential rationale linking their projects is endorsing Lebanon as a brand in the region. Lebbos believes that this cannot be done without the help of young Lebanese people. "They need to travel, study abroad, graduate and experience foreign countries," he said, and "then come back and invest in Lebanon." http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=574&topicId Question about businessOpening a business and wondering what types of expenses I can write off? What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses? Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me?
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