Archive for November 2004
Computer World: “Bloggers who write anything negative or defamatory about a corporation or an individual are opening themselves and their companies up to the possibility of libel suits, says David Carr, an attorney and partner at London-based consulting firm Big Blog Co.” I’ve already experience this first hand. A month or so ago, I received [...]
Entrepreneur: “Just a quick glance at the numbers shows lending to small businesses is way up compared with a year ago. Larger companies, still hunkered down, are skittish, preferring to finance expansions with internal cash flows rather than take on more debt. So banks are again turning their attention to small businesses, offering them friendlier [...]
A Free Lunch, or the Economics of Trust
Peter Rossi: “The current edition of Restaurant Magazine has an article on a restaurant in the suburbs of London where there are no prices on the menu. Customers pay what they think the meal was worth. It is called Just Around the Corner and has been around for 17 years.” via Marginal Revolution.
Key Concepts in Selling A Small Business
Anthony Cerminaro: “Understand that what is being sold is a business opportunity. Potential buyers look at a business with an eye to the future. Sellers are often stuck on past performance. Equally important is for the Seller to have a realistic understanding of how valuable the business really is. To do this, Sellers should do [...]
Startup Journal: Companies with a fast inventory turnover, such as a fast-food operation, don’t have severe working-capital needs because the cash register chimes “ka-ching” all day, every day. This type of company might require 10% to 15% of its annual sales as working capital, accountants say. For businesses that sell big-ticket items or services, an [...]
Guerilla Halloween Avon Marketing
Beauty Dish: “I’m printing out postcard-sized papers that say ‘Monstrous Savings!’ with a whole lotta Avon sales mumbo jumbo and sticking them into plastic baggies with two samples each. I’m handing them out to the poor unsuspecting mothers coming to my house with their little trickertreaters.” via Greedy Girl.
This week’s Carnival of the Capitalists is up on Will Pate’s weblog.
