Archive for April, 2010

30 April

History of Business Models

The concept and type of business models have constantly evolved throughout the years and have had a long history that dates back to several years. A very basic and popular model, since ancient times, has been the “shopkeeper model”, which involves establishing one’s store in such a location that is most likely to fetch potential customers and that makes it easier to advertise the products or services being offered. Cherished Registrations
The “bait-and-hook business model”, also known as the “tied-products business model” and the “razor-and-blades business model”, emerged in the first half of the 20th century. This model often involves presenting a common good at an extremely low price that in fact puts the seller at loss (bait), and then asking for compensatory recurring sums for associated products, services, or refills (hook).An interesting example of such a model is offering the software developer along with a free word processor reader and charging hundreds of dollars for the word processor writer.

In the decade from 1950 to 1960, revolutionary business models were introduced by Toyota and McDonald’s Restaurants. Following these, in 1960s, Hypermarkets and Wal-Mart came up with another set of interesting models. In the 1970s, Toys R Us and FedEx were the innovators. The 1980s saw new models from Home Depot, Dell Computer, Intel, and Blockbuster; and 1990s from Netflix, Amazon.com, Starbucks, and Blockbuster. Poorly designed and inadequately thought out models constituted a major problem for many dot-coms. cake boxes wholesale

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30 April

Businesses in Bloom Amidst Economic Crisis

There are many new businesses to put up even in these times. It may sound contrarian but actually putting up a business during a downturn may make sense. First and foremost, as someone looking for rental space or land, it is your market and you can negotiate for better options and better terms. One of the businesses you can get into is logistics and warehousing. There are many old warehouses that may have be up for lease. By negotiating on a long term lease, you can lease one of these warehouses and then subdivide the insides for you to have more room for self storage. By creating mini warehouses in that warehouse, you can earn an income of five times what you pay for at the very least. Be sure to create sub space and utilize roll up garage doors for the other storage spaces. These roll up garage doors may be purchased second hand to save on money and you can actually source them online and negotiate for the final sale price. If you are getting in volume, you may even get good trading terms.
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Other businesses that may do well in this economy are repair shops. Especially when it comes to automobiles, these shops do well as people tend to have their cars fix to last longer than to purchase a brand new car. The key factor to setting up a repair shop is getting good people. Your chief mechanic or head mechanic should be someone you have confidence in and someone you can with some degree trust. An intimate knowledge about cars is also preferred. Those who get into this business have a passion for it and often times; the customer will see this passion and may be impressed by it.
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30 April

Business Analysis and Market Share Analysis

This new business analysis stage is crucial in the total process of new product development because several vital decision regarding the Acai project are taken based on the analysis done at this stage. This stage will decide whether from financial and marketing point of view, the project is worth proceeding with. Investment and profitability analysis of the project under different assumptions are made at this stage. The projects overall impacts on the corporations financial position with and without the new product are estimated and compared. The financial estimated would be reliable only if they are based on a fairly accurate demand forecast and related market factors. The marketing experts by now should have undertaken detailed exercises on the marketability of the product. They have to come up with information on the following aspects, in particular: estimate of demand for the proposed product.

A fairly reliable demand estimates is essential for evaluating the visibility of the proposed project. Demand estimation for intrinsically new product is being discussed in a separate section. If the proposed product is only a ‘me-too’ product, the demand for the product category has to be estimated and the likely share the proposed product can take, has to be evaluated. Seasonal patterns in consumption, if any. Major competitors, their market share, the dominant market segments held by them. Special market feature affecting demand. The marketing organization required for marketing the product whether the existing marketing organization set-up is required. If so, what would it cost?

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30 April

She's After Your Money

She’s after your money! That’s what I was told by a guy who was working with me just after I met my wife. After all, I was quite a catch…I lived in one of those houses with share bathrooms along with guys on the dole and at least one or two drug addicts.Cheap SEO

My tax cheque was the only thing which allowed me to pay my bills and survive through that Xmas. My car had a big scratch down the side of it which I couldn’t afford to fix. My clothes were about 3 years old and I clearly hadn’t had a fashion upgrade for some time. I hardly had a cent to my name.

Obviously, my mate was joking. And I feel fortunate that I met my wife at a time when I didn’t have much because I know she loves me for me… and not for my money. I can’t imagine how difficult it would be to be famous and try to work out what people’s real intentions are in befriending you and if they have second agendas.

Perhaps that’s why Hollywood Stars always seem to date each other. Who knows. Anyway, that’s not the point of this email. But this is…Let me ask you a question: Let’s say you were entering Australia for the first time as an immigrant. Who would you rather be?

The guy who had just managed to inherit a tidy sum from a bank before he left and had $700,000 in the bank… but had no money and limited skill? Or the guy who had invested the last five years of his life to gain the knowledge to practice as a specialist in this country with highly sought after skills. Many people would probably say the first guy. But the reality is the first guy’s assets add up to $700,000. And if he doesn’t know how to manage that money, 10 years from now, what’s it going to be worth? Not much.
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30 April

Top Ways to Evaluate Your Boss

Now it is very difficult to find ways to evaluate your boss. It is thing that everyone wants but only a few of them can do in reality. Actually only a few of them know the tricks about it. The biggest problem at your work place is that your boss evaluates you and not the other way round. However there are many a time that you are asked to fill up a feedback form and then you gap in the zero. Let us see how you can do so.

In the first place the difference between a good and a bad boss is that the former motivates to excel in your work, the latter demotivates you. In that case you need to check what exactly the approach of your boss is. In preliminary stages you may not be able to understand that. A deeper observation will tell you all. For that you have to develop an eye for detail.

Okay it is very east to criticize others, but you should know your worth as well. You should be capable of performing your own duties properly. Only then you can find ways to evaluate your boss. This is because work ethics are not limited to anyone.

Another thing that you can do is ask for your feedback from your boss on a regular basis. You can discuss your own areas of strengths and weaknesses. You should try and work on your weaknesses as well. This will add to your interaction with your boss.

Then there are some other ways of assess your boss like you can also see whether he encourages his team members honestly or not. Again a good boss will but a bad boss may not even care for that. Observe is he manipulative or not and is he always criticizing his team for something or the other?

Then you also need to observe how he controls his anger and frustration. You can scrutinize his behavior on days when he fails to do certain things. You can also have a good idea from the way he acts on the failure of his team members.