Monthly Archives: June 2014

Simple Tips to Improve Small Businesses

It doesn’t matter if you’re doing business alone or with partners. The need for improvement to become profitable is the  main goal. Your business can either go down or go up. There’s no static mode even for small businesses. It’s a good choice to create strategies to improve your business. You only have to balance your time and choose the right area that impacts your profitability. Check out these tips that can help you in improving your business.

  1. Keep Score: Keep your cash flows updated. You can even hire an accountant to do it for you if you don’t know how get the job done. It’s amazing how business gains by keeping the daily, weekly and monthly financial trends. It’s the most basic thing you can do especially for newly started businesses.
  2. Set Your Business Goals: The importance of setting your goals is as important as keeping a score. Your objectives are substantial for future success. For example, you have to determine the future goal of selling the best ice cream maker in your area.
  3. High Impact Marketing: Make sure that you don’t waste your money on some ineffective marketing strategies. Acquire the knowledge of using low budget but high-impact marketing that your business needs.
  4. Good Business Presentations: You should know the power of excellent business presentations. It will help improve business to a different level that you can’t even imagine. It’s best to know the secrets to a great business presentation to increase profit.
  5. Keep Up With Trends: The ever changing market trends can affect your business’ performance. To avoid problems of operating in a vacuum, you need to stay currently updated on business trends and issues.
  6. Intensify Your Selling Skills: Remember that you can only gain profit if you know how to sell your products. You need to therefore improve you sales function. It doesn’t matter if you’re managing a sales team, the most important is the focus on sales improvement.

Don’t forget your limitations. Even the most successful business-owners like Bill Gates knows their  limitations. Knowing the type of entrepreneurship approach will help you improve areas of weakness.

Thai Coup: What’s the Economic Impact?

The continuing clashes of Thai government and anti-government protesters have a great impact on the economy. Protesters want the current Prime Minister and its members to resign. Chaos left Thailand practically a no-go district for tourists, with shopping stores,  restaurants and hotels closed.

Some shopping stores close their businesses because of protesters occupying the area last month. This seems to be unstoppable and could harm Thailand’s growing economy and scare foreign investors and tourists. This is more than drug addiction that needs inpatient drug rehab. Chaos like this will bring damage to the entire region.

Tourism contributes a lot to a country’s economic development. But given the Thailand situation, tourism is expected to decrease in rate. This is bad news because 6% of Thailand’s economy depends on foreign visitors. Tourists are now advised by the British Foreign and Commonwealth Office to rearrange their flight schedules or cancel it.

Clashes between protesters and soldiers left hotels with a 20% drop down on their income. If this problem will continue, it’s predictable that businesses will shut down and economy will be affected. Some shopping stores are bothered by the red shirt zone since the protest began.

Economists are forecasting a 20%  lower economic growth if the crisis will not be stopped. The country’s economy mostly depends on exports and surely, the performance this year will be highly affected. Exporters want business assurance and it will not be given to them if the current situation will not be resolved.

The fear of foreign investors is inevitable due to continuing protest and chaos. Some Japanese clients are already delaying their contract signing because of the risk of sales. Some foreign investors are also planning to withdraw their investment since last month, leaving Thailand’s stocks the cheapest in Asia to date.

The country really needs help in facing this problem. They need allies to resolve the chaos that may bring the people and the nation down. Tourists and foreign investors will not gain the courage to spend money if the crisis will worsen. Remember that this is a worldwide phenomenon that affects even the world economy.  Crippling Thailand’s business sector has a huge impact on economic growth.

Government Assistance for Single Moms

A single mom’s life is full of difficulties. With numerous sufferings and challenges, it can be a lifetime of pain and struggle. However, the difficulties of life can be eased with the help of right assistance program in the sidelines. Seeking help in the time of need is very vital to take the maximum advantage. Putting some time looking for different programs is one good idea to pick the most suitable one. Local government offices can be contacted to help find out details of the program. It’s important to study the eligibility and features of different programs before applying for them.  The Federal government offers Government Help for Single Mothers in a variety of forms.

Rental Assistance for Single Mothers is specifically meant for single mothers who need help in paying their periodic rent. Mortgage loans and housing loans are also available to single moms at a low interest rate. The Government provides facility in low amount for down payment to avail the home loans.

FHA Mortgage Program

The FHA Mortgage program. is an organization that has been assisting single mothers to purchase homes since the 1930s. The FHA insures loan so lenders are able to offer more to single moms seeking for housing, including:

· Smaller Down Payments

· Lower Closing Costs

· Flexible Qualifying Guidelines

The FHA is able to help single mothers in many ways:

1. They can minimize the required down payment to as low as 3.5% of the housing purchase price.

2. Fees and closing costs can also be included within the loan.

3. The loan can be refinanced to assist single mothers with needed home repairs after they purchase the property.

They also help single mothers to purchase mobile homes, whether they’re on land or in a mobile home park. This is good news because mobile homes are usually less expensive than a traditional home prices so it increases the chance for a more affordable home.

Daycare Assistance for Single Mothers is specifically provided to help single mothers who are attending a full time job while taking care of their toddler . Many single moms who are in the middle of a divorce cannot pursue it further because of financial limitations, they can ask for Legal Help for Single Mothers.

Marathons Contributes to Local Economies

There are lots of famous road races around the globe. Boston Marathon is one of them. It doesn’t only invite local participants but foreigners as well. It’s good to join in road races because of its health benefits. That’s why wearing the best running shoes for flat feet during marathons is necessary for a better running experience.

But it’s not only beneficial to your health but to local economies as well. Contribution of road races to the economy is a familiar topic. But you will not know its importance if you don’t understand how it works.  You see GDP’s with dollar signs ranging into millions but without proper knowledge you wouldn’t know what it means.

The truth is that marathon and tourism generates economic activity. Some runners are visitors from different countries around the world. Essentially, they are foreign travelers coming in for vacation. Large races usually benefits from the huge spending these visitors are willing to spend. They will eventually pay their hotel accommodations and meals during their stay and this is a great contribution to the local economy.

It’s undeniable that runners from out of town or out of the country need a place to stay and food to eat. This is the reason why famous marathons like Boston marathon, Chicago marathon generate millions of economic activity. Usually runners participating in these marathons are not from the area but from other from countries.

It’s a way to invite visitors. Runners come for the race but they want to stay for 4 days or 3 nights to experience the city. Exploring the city needs money therefore adding to the local income. In other hand, these races bring out many spectators. Friends and families want to watch their loved ones race and spend more money as they stay to witness the marathon. These large numbers are the GDP plus the average consumption that the event generates.

Another contribution is creation of job and the taxes created during the event. Increase of full time employment is visible in road racing events. Plus taxes generated are higher than usual. These paid taxes are used to continue government projects like road enhancement, school improvement and health care benefits.