BY NATHALIE PIERREPONT Many small-business owners are not keeping up with consumer demand for credit-card payments, according to two surveys released Thursday. Seventy-two percent of small-business owners who took part in the survey say they prefer to accept cash or checks as a form of payment over credit cards. Meanwhile, 64 percent of the consumer respondents report using…
By MARTIN ZWILLING The sad truth is that cash-flow surprises kill many startups. Overall, 90 percent of small-business failures are caused by poor-cash flow, according to Dunn & Bradstreet. To prevent becoming part of the 90 percent, you’ll need to maintain a certain reverence for cash. When it comes to the financial management of a growing company, always…
Unless you’re an accountant, the word “accounting” probably strikes fear in your heart — or a little bit of nervousness, at least. For young entrepreneurs, the feeling is probably amplified. After all, poor bookkeeping out of the gate not only can set a project back in the short term, it can really come back to…
Exports to India by members of Dubai Chamber of Commerce and Industry fell 18 per cent in the first eight months this year after New Delhi capped inflows of gold and other precious metals. Exports and re-exports to India dropped to Dh3 billion, according to data from the chamber. It follows the Indian government raising…
NEW DELHI/BANGALORE: “No, not now” is what a number of technology entrepreneurs are saying to venture capitalists as they find that there are enough customers willing to pay for products while the cost of starting up decreases. These entrepreneurs, who are developing products ranging from mobile apps and analytics to digital advertising tools, say bootstrapping…
By David Evans Cisco Chief Futurist For the past few years, industry pundits have been predicting the death of the personal computer. I look at it a bit differently—the personal computer is not dying, but is becoming even more personal. It is now something you’re going to wear—in your clothing, jewelry, shoes,…
By Kurt Wagner Twitter CEO Dick Costolo took the stage at TechCrunch’s Disrupt event Monday afternoon, but he didn’t talk about his own company. In fact, Costolo didn’t even mention Twitter during his brief stint on stage. Instead, the former entrepreneur and one-time Google employee shared leadership advice with the audience, which is appropriate considering he may soon lead his…
Contributor: Alan Wheatley, Global Economics Correspondent at reuters A blend of past and present holds the key this week to gauging global economic prospects. Month-old minutes from the Federal Reserve could offer hints on when the U.S. central bank will scale back its extraordinary stimulus and up-to-date sentiment indicators will help track momentum in the reviving euro…
For a platform built on 140-character snippets, San Francisco-based Twitter is certainly hogging a fair chunk of the IPO spotlight. But it’s not the only game in town. As investor appetite improves and the Big Apple’s tech scene continues to mature, analysts expect New York City to become a hub of tech IPO activity in coming years. Part of the reason…
New York City Mayor Michael Bloomberg says he spends more time eyeing London than he does Silicon Valley in the battle to be the champion city for the tech industry. “Our competition is only going to be in other cities that have similar kinds of characteristics. And the city that comes to mind is London,”…
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said. Chidambaram said that the total investment requirements for power, roads, ports, civil aviation etc. during the 12th Plan period is projected at $1 trillion, nearly half of which is…
Contributor : Torrie Callander Torrie Callander is a corporate dealer at independent foreign exchange provider, Global Reach Partners The V of ‘CIVETS’ – some of the world’s fastest emerging markets – we look at what Vietnam has for British businesses. The CIVETS (Columbia, Indonesia, Vietnam, Egypt, Turkey and South Africa) promise to be among the fastest…
1.Introduction How much is the business worth? Are sales growing or declining? What about cash flow? These and many other vital questions are regularly tackled by qualified accountants of the Association of Certified Chartered Accountants (ACCA). Some of the answers are found fairly easily, others are much tougher to uncover and need the skills and…
InnovationManagement is delighted to present a brand new Case Study highlighting the challenges of creating an innovation culture that: supports new product/service development initiatives, facilitates the creation of idea campaigns, spurs employee engagement and develops business value. In this article, Colin Nelson, Director of Strategic Consulting at HYPE Innovation, delves deeper into how collaborative innovation…
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