Archive for October 20th, 2004
Let Your Customer Keep the Change
The Monster Blog: I’ve never visited the Abracadabra Superstore in New York. And, based on the establishment’s name alone, I normally wouldn’t hazard to. But now I’m tempted to check it out. Why? It lets its customers keep the change. Having instituted a new “rounding down” policy, this specialty store, which sells costumes, masks and [...]
Business2Blog: “This is almost as good as stealing the neighbor’s paper. No, better. Online Journalism Review says the Wall Street Journal will open up its site for five days starting Nov. 8. You won’t have to pay anything to read Walt Mossberg or absorb the wisdom of its editorial pages. The Official Blogging Community, led [...]
Patent Attorney or Patent Agent?
InvetorsEd: “A patent agent generally makes half the hourly rate that a patent attorney makes, and the agents usually have practical engineering experience which patent attorneys generally lack. So I think that an inventor should have their patent application drafted by a patent agent, but reviewed by at least one patent attorney. I think that [...]
So what if you have two widely disparate passions? Olga Watkins combined her vocal talents with her cooking skills to become the singing chef. USA Today has the story: Several years ago she started a catering service that kept her busy, but she wanted to be something more than just another catering company. Olga told [...]
The Psychological Profile of an Entrepreneur
Real Business: Serial Entrepreneur Description: Displays a compulsion to start, build and sell on successful businesses. Profile: Visionary. Highly driven but easily bored. Concentrates in short, intense bursts. Fits: Peter Wilkinson, Chris Gorman, Peter Wharton. Parallel Entrepreneur Description:Gets a buzz from starting and running a string of ventures simultaneously. Profile: Restless. Enjoys bringing ideas to [...]
Business Week: “Firms exist that buy high-quality receivables from your business, usually at a substantial discount. These firms are called ‘factors’ and they are especially prevalent in the apparel industry. ‘Using a factor is similar to having a revolving credit line at the bank, only more expensive,’ Busby says. ‘You can use the cash your [...]
David Newton: 1.Capitalization: This describes the way the company has funded its fixed assets. 2.Depreciation: The fixed assets used in company operations have significant tax advantages for the company as well. 3.Amortization: This term describes how some purchases (or leases) can be posted to the company’s books on a periodic basis over time, rather than [...]
