In the longer term well targeted spending on health, education and infrastructure will have long terms economic benefits in terms of productivity which will make
existing businesses more effective and attract new investment.
Whether buying distressed assets or whole companies, the intelligent acquirer can add new markets, technologies, or cheap capital assets to make
the existing business more productive.
Not exact matches
But
more resources should be allocated to helping
existing business stay afloat.
Susan Faykus, from Integrated Financial in Austin, Texas, says: «
More often than not, when we help
business owners exit their
existing company, we commonly find they have waited too late to engage legal,
business broker and financial strategist professionals that could help them mitigate the heavy tax burden that could have been restructured for philanthropy or their legacy.»
Customer retention is an essential part of a service
business model because
existing customers are easier to upsell and
more profitable than constantly acquiring new customers while having a high turnover.
Since Buzz is currently limited to Gmail, it will be
more labor intensive to tie in the new feature with your
existing small
business software, and there is no defined public Web space for Buzz, which means that users define public or private posts.
Salespeople at established organization are often handed warm leads on a daily basis, and their goals are oriented
more towards taking orders from
existing accounts rather than closing new
business.
By positioning itself where it has, Theranos may have taken the latest
existing technology and tweaked and refined it into a unified system that's
more streamlined and
more elegant than any
existing system, creating a disruptive lab
business.
One of the best ways to boost your
business revenue is simply to get
more money from your
existing customers.
Speaking of which, hiring for the year is slightly down — at 1.7 percent — and the average paycheck is flat, meaning small
businesses have been able to grow revenue without spending
more on either new or
existing employees.
Namely, a customer base and some form of
existing systems that could continue to be used (or upgraded) or easily replaced with
more efficient technology or ways of doing
business.
By getting to know their customers, effective email marketers can leverage their
existing customer base to hone and develop
more effective strategies and ultimately grow their
business.
«By clarifying the definition of what can be patented, we are giving New Zealand
businesses more flexibility to adapt and improve
existing inventions, while continuing to protect genuine innovations,» New Zealand's Commerce Minister Craig Foss said.
Companies with CEOs whose compensation is
more than 100 times the median pay of all of their workers must pay an extra 10 % surcharge on top of Portland's
existing 2.2 %
business income tax.
Part of the problem, the study found, is that «
existing tax rules effectively create a $ 19,399 reporting tax loophole impacting millions of taxpayers» because of the confusion surrounding the requirements for forms 1099 - K, which is supposed to be filed by companies when they earn
more than $ 20,000 through 200 or
more credit card transactions, and 1099 - MISC, which covers payments above $ 600 to independent contractors, freelancers and small
businesses.
That's why
more and
more companies (both startups and
existing businesses) are turning to leasing to finance their equipment purchases.
The problem is that most
businesses put
more effort into chasing new customers rather than acknowledging
existing customers.
That said, I do think in a situation like this, there is a lot of money to be made for a
business in Clearpath's position — if Uber really wants that trademark, it might be willing to pay for it, and that amount of money might end up meaning
more to a smaller company than its
existing brand.»
The small
business package includes Recruiter Lite, a
more affordable version of LinkedIn's signature recruiting software; as well as the ability to post sponsored job listings that get 30 to 50 percent
more applicants; and create a custom employer page and targeted ads to spread the company talent brand and turn
existing employees into brand ambassadors.
As inflation intensifies,
more and
more companies find that they must spend all funds they generate internally just to maintain their
existing physical volume of
business.
In January, the Company replaced its
existing debt with a $ 10.0 million credit agreement to strengthen its balance sheet, provide additional cash for operations and provide increased financial and operating flexibility through a covenant package
more suitable to its
business.
As
more and
more business owners retire over the next decade, the search fund model will become a meaningful part of the private investment ecosystem and a
more popular choice for
existing owners.
Finding a way to create a new
business or adapt an
existing one so that it is
more aligned with your values and your company's is an individual process.
The ability to rise within the ranks of a
business is tremendously motivating to your
existing team and can make your
business even
more attractive to potential future hires.
New APIs make it possible to integrate that data into
existing IT infrastructures, enabling
business owners to create
more efficient systems and processes.
Some observers believe that this reduced dynamism — the replacement of
existing companies with new ones — is hurting the economy because «the churning process replaces lower productivity
businesses with new,
more productive ones, thereby increasing productivity in the economy as a whole.»
You can extend your
business into new areas, you can «slide to the side» into adjacent markets, you can offer alternatives to
existing solutions — cheaper, faster,
more accessible, etc. — and you can create entirely new markets and products and services based on the new tools, mobility and connectivity that we now have.
What's
more, it added another 250 new accounts — that's totally new companies, not just additional
business within
existing clients.
«Verizon data centers as they
existed were not cloudable and there wasn't enough automation to make that
business more scalable without a ton of
more investment,» said this former exec who requested anonymity.
This is a great strategy for your
business — it is much easier to market
more products and services to your
existing customers that are already raving fans than to try to find new ones.
Access to Microsoft's
more than 40,000 salespeople, along with that team's set of
existing relationships with
businesses, could drive significant sales for startups that are selling to other companies.
Maybe you're genuinely the first person to come up with the foundational principles of your
business, or perhaps you found a need in the marketplace and believe you could fill it
more readily than companies that already
exist.
Typically, Kauffman focuses much of its research on startups, but its recent index delves into the lives of
businesses that have
existed for five years or
more, and have 50 or fewer employees.
So you've decided to purchase an
existing business instead of starting from scratch and you've done some initial research to find out
more about the
business you're thinking of buying.
Krupa says the bank is hoping to win
more business with
existing clients, as well as close some gaps where it does some
business with clients but not other bits of
business.
If this is the case, use language that suggests they view the cost of doing
business with you as
more of a reallocation of expendable funds in their
existing budget.
The National Do Not Call registry allows
businesses to contact
existing customers, leading some companies to make phone calls to let customers know about new promotions or try to add
more services.
Grovo also offers Handbooks, which lets
businesses put together a collection of micro-learning videos designed to quickly onboard new employees and give
existing team members an overview of a
business's health benefits, security policies, and
more.
Both would make
more sense as parts of
existing media companies, where synergies could come into play between
more traditional assets and the online
businesses of those two sites.
Today if someone has a viable
business idea, many
more funding options
exist besides taking the route of seeking the backing of angel investors and venture capitalists.
In February, the SurePayroll Small
Business Scorecard found hiring among more than 40,000 small business owners was down slightly (0.1 percent), as it was in January, and paychecks were up (0.1 percent), likely due to existing employees working longer hours or getting overt
Business Scorecard found hiring among
more than 40,000 small
business owners was down slightly (0.1 percent), as it was in January, and paychecks were up (0.1 percent), likely due to existing employees working longer hours or getting overt
business owners was down slightly (0.1 percent), as it was in January, and paychecks were up (0.1 percent), likely due to
existing employees working longer hours or getting overtime pay.
What's
more, a unique Southern perspective
exists when it comes to big
business lending a hand to smaller companies: It's part of the culture.
I'm concerned, however, that there isn't
more discussion about the option of buying an
existing business.
What's clear is that small
businesses remain cautious and are relying on
existing workers to do
more.
These risks include, in no particular order, the following: the trends toward
more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or
existing products; losses of one or
more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct
business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our
business of natural disasters.
Thanks to the improving economy, there are now
more buyers who are financially able to purchase
existing businesses.
Chris Luo, head of small -
business marketing for Facebook, described to Inc. two different types of webinars: «One is for
existing,
more advanced advertisers, and one is for
businesses that are new to Facebook's offerings.
As for loss leaders, as long as the hosting
business exists, there will be somebody offering free or below - cost service because they think adding customers is
more important than building a sustainable service.
Mr Regan said a lot of work had already been done in the past four years to improve the North American unit including
existing businesses, which has led to it now having a «profitable core», but said there was
more to be done.
Lash expects Sysco to look for
more acquisition targets, but said the company will probably look for smaller
businesses that it can «bolt on» to its
existing operations.