TECH GLEAM » Business and Finance

Save on your Inkjet cartridges

admin — Tue, 27 Jul 2010 14:55:38 +0000

The business environment is becoming tough and companies are now forced to look for better ways to cut costs and become more efficient. And that is the only way you can survive the tough time and stay afloat.
And savings is possible in every sphere of activity in the office be it electricity usage or computer usage or travel expenses management or communication spending.
You can save lot of money on your inkjet cartridges purchases and other stationary item purchases.
Till few years back , companies were forced to depend on the few handful of suppliers for their office items. But the internet technology and the computer technology has narrowed the gap between customers and manufacturers.
If you are smart enough, you can just browse through the internet for few minutes and find out the best product in each category you are looking for, at the lowest possible cost.
And there are indeed many dependable online sellers for every product under the sun, including inkjet cartridges.
These companies do bulk purchase / manufacture of the cartridges and sell them directly to the customers with minimal overhead expenditure.
By buying through such online sources, you would also be able to benefit from lower cost of purchase.

Europe bank stress tests today

admin — Fri, 23 Jul 2010 04:50:22 +0000

The European banking system has been put to deep turbulence over the last few months, due to the fear of default by weaker member countries like Ireland, Portugal, Greece and Spain.
And the European central bank had decided two months back on the backdrop of the European sovereign fears, to conduct a thorough bank stress test covering the top bankers in each member country.
The results are going to be announced today and it may indicate that over 40% of the banks in the region are short of capital to sustain the business. That could also mean more banks coming to the banks for raising new capital, which in turn can pull down their share prices further.

Portable banner stands

admin — Mon, 28 Jun 2010 06:02:40 +0000

The economic environment is tough, and companies are now fighting it hard to grab the customers in the market as they are also shrinking in size. Added to this is the problem of reduced marketing and sales promotion budgets by all the companies.
That is precisely the reason why companies are resorting to innovative and cost effective sales promotion tools, like portable banner stands and internet advertising.
A portable banner stand would be easy to place in front of a shopping mall or a big departmental store and hence grab the attention of every prospective customer. But the banner needs to be attractive and also communicate about the product / benefits / features etc., quickly and effectively.
Too much color or too many words could take away the attention of prospective customers, so you need to be careful in designing the banner properly. This is where you need to seek the help of proven experts, with years of experience in this field.
There are indeed a handful of sales support gear providers with proven track record, who can help you out on this. You can find them out through the internet in a matter of few minutes. You need to check out their credentials and also their client list and then only take a call.

G20 agrees to cut deficit by 50% by 2013

admin — Mon, 28 Jun 2010 05:51:46 +0000

The major industrialized countries including US, UK and France are running on huge budget deficits and those are being funded today by costly borrowings. And countries like Portugal, Greece and Spain are already finding it difficult to raise funds from the international market, as lenders are fearing a debt default by debt ridden countries.
Realizing the dangers, the G20 countries have pledged to cut down their deficits by 50% by the year 2013. While that could be good in the long run, in the immediate short term it could result in major unrest in those countries.
Also a major cut in spending by a big country like UK or France could spell disaster to many other countries like US and China, as exports from these countries could crash. So expect more global disturbances and volatility in the days to come.

BP tries a new trick

admin — Fri, 04 Jun 2010 16:39:36 +0000

A new cap placed over a ruptured oil well in the Gulf of Mexico has begun to funnel oil to the surface.

US Coast Guard chief Adm Thad Allen said rough estimates showed that 1,000 barrels a day were being captured.

This is only a small part of the 12,000-19,000 barrels a day believed to be leaking and BP says it could take 48 hours to know if the system is working.

BP says it has spent more than $1bn so far. President Barack Obama is to visit the affected area again on Friday.

All about proper business

admin — Fri, 04 Jun 2010 16:36:41 +0000

What are the first three things that a person should do as soon as he plans to start a business?

First, he should have a proper business plan. That plan should have everything that he wants to do in the business, his assumptions about the business and his expected outcomes. It should have the strategy by which he wants to go about it. It should have clear tactics in terms of choices being decided upon.

The second thing is that he should have a clear idea about who is the customer. Who is going to buy his product or service? Is it an individual or a company? Is it a man or woman? That clarity is very very important.

The third thing is the person should have a clear view of the kind of website that he wants to have in place to get his business in. There is no point waiting for everything physical in this connected world. A lot of things and especially business is happening on the net. The other thing connected with the website is the hosting site that you need. The business hosting has to be near perfect. You cannot afford to have down times. The site should be up and running all the time.

BP to face criminal proceedings

admin — Wed, 02 Jun 2010 09:19:36 +0000

The US government has been at the receiving end ever since the oil rig blast happened, only because it has allowed British Petroleum, the owner of the exploration project, to approach the oil spill corrective measures in a irresponsible manner.
The company had initially estimated the leakage to be only around 2000 barrels a day, while it appears now that the leakage is running at over 15000 barrels per day.
Also the company claimed that the leakage will be plugged in one or two weeks, but even after six weeks the leakage has not been plugged. Rather , the company, now accedes that the leakage has only widened from this week due to the failure of the Top kill attempt.
Now the US government has decided to initiate criminal proceedings against the company, in order to save face against the public anger mounting against the government. Even now the majority of the US citizens and even the global investors, feel that the US administration has not been able to force the company in taking timely measures to stem the leakage.

Euro’s Survival : Question Mark

admin — Thu, 20 May 2010 00:24:54 +0000

The euro has hit another four-year low against the dollar. What next for the currency?

The eurozone’s single currency fell to below $1.215 before recovering to $1.217.

The decline follows the German government’s decision to ban some types of short-selling of financial products. Analysts say that the move has led to uncertainty on the markets and added to fears for Europe’s banks.

Leaders of Europe’s eurozone single currency bloc agreed last week to set aside a trillion-dollar package to reassure markets that member states would not default on sovereign debt and to shore up the euro.

Germany banks naked short selling

admin — Wed, 19 May 2010 03:29:38 +0000

The Germany government is not willing to take any more risk on the Euro currency downfall, and it has brought a ban on naked short selling by speculators. The ban is expected to force many of the short sellers to start covering up their existing shorts in the coming days which could help Euro bounce back to some extent.
The German authorities have also banned speculation on government bonds through credit-default swaps with a view to cool down the markets. In the last two months, the European currency has been pulled to multi-year lows by speculators on fears that the European Union may face another bout of recession due to rise in government debt for most of the countries.

Expect record bank closures in 2010 in US

admin — Wed, 19 May 2010 03:15:25 +0000

The US bank closures were just 25 banks in 2008 but that was dwarfed when over 125 banks were closed down in the year 2009. Now the pace of bank closure seems to be gathering pace, if you go by the actual record in the first four and a half months of 2010.
As of last week end, 72 banks have been closed down in US, which is nearly double the number of bank closures in the same period last year. The pace is only gathering speed due to the mounting bad debts at banks. On one hand more and more existing loan accounts are becoming bad, and on the other hand, no major new business is coming through.
Experts fear that the bank closures could well exceed 150 this year and that could spell doom for the jobless rate further.