Category: News

The Budapest Business Journal on the web #business #banking

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Are you sure?

Samsung will start manufacturing batteries for electric cars for the European market in Göd, northeast of Budapest, creating some 600 new jobs in a project worth HUF 100 billion, Minister of Foreign Affairs and Trade Péter Szijjártó said at a press conference Tuesday.

Amnesty International Hungary will launch its own information campaign in the lead-up to the October 2 referendum on EU quotas for accepting refugees. The goal of the campaign will be to provide voting citizens with information on the referendum and refugees, Amnesty told Hungarian news agency MTI today.

The upward trend in visitor numbers and revenue are driving growth, but officials say the industry’s impact on the economy can be even greater.

The government has designated the insolvent owner of the property at Ajtósi Dürer sor 19–21 a company of high strategic importance, clearing the way for the site and buildings to be taken over by the Capital Circus of Budapest, according to a report yesterday on City Park information site varosliget.info.

Two new types of vocational training schools, which will offer students both a technical path and an academic path, will open in Hungary as the semester begins next month, Economy Minister Mihály Varga said during a visit to Kecskemét today, according to state news agency MTI.

PwC CEO Survey

Innovation





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Business First Greater Richmond #business #quiz

#business first

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We re Here to Help Your Business

We identify your needs connect you with resources.

We have lots of resources available to help businesses. And if we can t help you directly, chances are we know who can. What can we do for you today?

  • Hiring workforce training
  • Financing
  • Real Estate
  • Operations planning management
  • Investment hiring incentives
  • Downsizing Management
  • and much more!

Free Confidential

because we re managed by a non-profit

Business First Greater Richmond is funded by public and private investors. Our confidential services are offered at no charge and we leave all the profit-making to you. When your business succeeds, we succeed.

A strong business community is the key to an amazing life in Greater Richmond.

Businesses are the backbone of our community. Strong businesses create a strong economy and improve everyone s quality of life. Our goal is to grow the regional economy by helping you prosper.

The Business First Visit

So you’ve decided to participate in a Business First visit. We’re looking forward to talking to you!

This is a great oppurtunity to voice your opinion, connect with resources that might help your business today, and form a lasting relationship with your local economic development department for any needs that may arise in the future.

Business First | Greater Richmond is a program supported by the Greater Richmond Partnership, Inc. in collaboration with the economic development offices of Chesterfield, Hanover, Henrico and the City of Richmond.

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Corridor Business #business #administration #degree

#business journal

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September 1, 2016

By John Langhorne / Guest Column
Recently, the Wall Street Journal had an article with the title “Myers-Briggs Is a Crock.” Reading it, I could hardly control my chuckling. According to the article, 89 of the Fortune 100, as well as more than 250 federal agencies, use the personality test for employee selection. For years I have been railing against this massive fraud against my profession.

By Jean Robillard / Guest Column
A lot of people – health care providers among them – have a difficult time thinking of medicine and health care as a business. After all, most health care providers enter the field to develop caring relationships with patients, find cures for disease or mentor and teach the next generation of providers – not to sift through a profit-and-loss analysis.

By Nancy Garberson/Guest Column
When dealing with competitors who have interrupted your marketing space with new techniques, it’s time to either match the demand with copycat techniques, or reshape an existing product or service to meet the demands of customers. When you can be an original, why would you copy the competitors?





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Business journal #business #leads

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YOUNGSTOWN, Ohio – Rick Dearing, president of Dearing Compressor and Pump Co. hauls a large piece of brush across the parking lot of the dilapidated and shuttered Master’s Tuxedo building on Market Street. About 10 blocks northeast on East Laclede Avenue, Pete Asimakopolous and Kevin Freisen of First National Bank of Pennsylvania cram large branches [ ]

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YOUNGSTOWN, Ohio – Natural gas production from horizontal wells in Ohio’s Utica shale edged upward during the second quarter while oil output declined, according to the Ohio Department of Natural Resources. The Utica’s horizontal wells produced 334.2 billion cubic feet of natural gas during the three months ending June 30 compared to 329.5 billion cubic [ ]

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BOARDMAN, Ohio – Donald Trump, Hillary Clinton and their surrogates are frequent visitors to the Mahoning Valley this presidential campaign, Paul Sracic noted Thursday, so how would their economic proposals affect its economy? Sracic, professor and chairman of the department of politics and international relations at Youngstown State University, offered some insights as the keynote [ ]

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YOUNGSTOWN, Ohio The Community Foundation of the Mahoning Valley this week unveiled its new logo, which the organization says features connected elements that emphasize the interconnectedness of the community it serves. “Our new logo conveys the close relationships that unite those working for good across Mahoning and Trumbull counties,” said Shari Harrell, president of [ ]

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BOARDMAN, Ohio Earley and Sons Relocation this week launched its new mobile friendly website. Themoving and senior relocation company’s site, EarleyAndSonsRelocation.com, provides a greater user experience across all devices, said Dan Earley, who owns the company with his wife, Stefanie. “Our business has seen a growth in online activity, especially on a mobile device, [ ]

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LORDSTOWN, Ohio – Officers in labor unions at Vice President Joe Biden’s campaign appearance for Hillary Clinton said Thursday they’re ready to do their part to elect her president. A crowd of about 250 heard Biden speak at the United Auto Workers Local 1714 Hall, according to Tim O’Hara, Local 1112 vice president. That included [ ]

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YOUNGSTOWN, Ohio – The rig count in the Utica shale increased to 17 during the week ended Aug. 27, up three from the previous week, according to the Ohio Department of Natural Resources. ODNR also reported that permit activity across the Utica is on the rise. The agency said that 12 permits were issued for [ ]

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YOUNGSTOWN, Ohio – The city’s Board of Control Thursday approved two purchase agreements with residents as part of the Near East Urban Renewal Plan. The board – which consists of Mayor John McNally, Finance Director David Bozanich, and Law Director Martin Hume – approved the city spending $25,000 and $1,000 in closing costs to purchase [ ]

$ |. | beds | baths | sq. ft.

CHAMPION TOWNSHIP, Ohio – As part of the nursing curriculum, students and faculty at Kent State University at Trumbull will be using eight new hospital beds in the nursing lab. The beds were donated by Trumbull Memorial Hospital. “We are truly appreciative of Trumbull Memorial Hospital’s generous support,” said Kathy Dwinnells, Kent State Trumbull’s nursing [ ]

$ |. | beds | baths | sq. ft.

LORDSTOWN, Ohio – Vice President Joe Biden returned the Mahoning Valley today – four years and one day since his last campaign stop here – and made the importance of organized labor and the auto industry the thrust of his message. No surprise given that he spoke at a union hall here or that Labor [ ]

$ |. | beds | baths | sq. ft.

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Day of Caring Brings Out Best in Community

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Earley and Sons Relocation Launches New Website

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Over-the-Rhine Chamber: Cincinnati, Ohio: Business First Grant #small #business #association #loans

#business first

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Business First Grant (BFG)

Business Recruitment Initiative for Over-the-Rhine

The mission of the Business First Grant Program (BFG) is to benefit the city by strengthening the local economy, increasing business and employment opportunities, and animating the sidewalks of OTR.


To be eligible for a grant, the incoming business must:

  • Be new to Over-the-Rhine. New businesses and businesses previously established in other locations are permitted to apply. It is preferred that established businesses are currently located outside of the City of Cincinnati boundaries.
  • Occupy a storefront or occupy other location in OTR that is consistent with the neighborhood tenanting strategy.
  • Sign a three-year lease with the landlord (see note below regarding letters of intent).

* The tenant and business owner/landlord negotiate the required build out, renovation and
preparation required of the building and disclose the cost of build out and the monthly rental
amount.
* The incoming tenant/ business will submit a copy of its current business plan to the building
owner/landlord before lease negotiations will be completed.
* Building owners and/or landlords must agree to participate fully in the program and tri-party
meetings will be held between the applicant, Chamber and Landlord.

  • Agree to be open at least 50 hours per week .
  • Submit a complete application prior to opening .

* This includes a thorough and well-organized business plan with a start-up budget and projected
cash flow statements for the first three years of operation.

  • Once awarded funds, agree to actively participate in the Business First mentoring program, which includes attending regular meetings with a mentor to discuss business details and providing annual financial statements for the period of the lease.

* The new business meets with the Mentor to discuss concerns and review financial information
regularly for three years. As needed, a new business owner may be teamed up with an
experienced business owner to work together to address a specific need.
2016 Program Goals

  • Promote diversity among business owners in OTR.
  • Increase customer traffic, safety, and return on investment.
  • Support capital improvement in unused and underutilized storefronts for business occupation in OTR.
  • Mentor and encourage businesses that strengthen the neighborhood as a viable and diverse place to live, work and play.
  • Provide an environment for individuals, entrepreneurs, investors and businesses to thrive.

Desirable businesses include retail, neighborhood services, large employers who hire from within OTR, Women/Minority Business Enterprises, and those that locate in an area that is compatible with the tenanting strategy for the neighborhood. Ineligible businesses include convenience stores, check-cashing services, temporary labor services, churches, social services, not for profits, home-based businesses, and businesses that are not compatible with adjacent residential uses.

Businesses that are selected through the Business First Grant Program s competitive process will be awarded a matching grant up to $20,000 for furniture, fixtures and equipment (FFE) and tenant improvements (TI). The funds will be distributed through a reimbursement process through the OTR Chamber.

Additionally, the BFG Program works to create a support network for the new business. Ongoing mentoring will be provided for the three year duration of the program. The Review Committee will match the new business owner with a committee member mentor based on the needs of the business. The Review Committee may also refer the new business to local business resources to strengthen areas of the business that present a challenge to the business success. A member of the Review Committee will meet with the business owner regularly to address any concerns the business owner may have and assist the business owner in updating her/his Business Plan.

Applications will be reviewed twice annually through a competitive process. Applications will be due December 6, 2016.

Applicants must submit a completed application to the OTR Chamber prior to opening up for business. At the time of application submission, expected project completion date should be within 9 months to a year. The Application form can be downloaded at the bottom of this page. The submission should include a:

  • Professional Business Plan that clearly articulates the business model, industry analysis, demographics of target population, hours of operation and corresponding staffing schedules, experience of personnel, marketing strategy, and includes detailed cash flow projections. (Note, click the link above “Professional Business Plan” to read tips from Forbes)
  • Three Year Lease including the landlord s contact information so the OTR Chamber can contact her/him to discuss the terms of the lease. Please note, a signed letter of intent by landlord and applicant can be submitted initially if a signed lease is not in place at the time of submission. Awarding of any grant money would be contingent upon a signed three year lease.
  • Detailed Build-Out Costs of space clearly defining what will be provided by the landlord and what is the responsibility of the tenant. Detailed budget for FFE is also required.

The applications will be reviewed semi-annually in a competitive process by the Business Attraction and Retention Review Committee.

This program is administered by OTR Chamber of Commerce with the support of a Review Committee to oversee leases, programs and funding.

The Business First Grant program is made possible by the following corporate and foundation partners: BB T, The Carol Ann and Ralph V. Haile, Jr. / U.S. Bank Foundation, Over-the-Rhine Chamber of Commerce, PNC Bank, and P G.





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Start Here #business #networking #sites

#online business ideas

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Getting started with VibeTechMedia

My name is Jason and I would like to introduce you to VibeTechMedia. I have been making a living online for over 12 years and this blog will teach you everything I know about Internet marketing, blogging, SEO, affiliate earnings and email marketing. It all boils down to making money online and I guess the reason you have ended up here is because you would like to make a substantial income online starting right now!!

Want to get started earning money online? Begin here ..

– How to start your own blog/site today This is a great starting point. In this post I show you exactly how to build your own blog right now.

– How to make money from home as an affiliate – Affiliate marketing is a great way to start earning online

Interested in SEO to drive traffic to your sites? Check out these posts

Keyword targeting for SEO – The most important factor when it comes to SEO is keyword research. This post has it covered.

How to write content for SEO Google has put a massive emphasis on content and you must ensure you get it right

A designers guide to SEO How you design your site plays a huge part on SEO, find out why

Site speed and it s importance on seo – User experience is becoming evermore popular, having a fast site counts

Want To skip straight to the good stuff

Get ShopHoo The best drop shipping service online. Start selling products online today

Want cheap, reliable web hosting – I use BlueHost

If you want to contact simply use the Contact Form Here

Hey! My Name Is Jason, owner of VibeTechMedia.com. I specialise in Internet Marketing, SEO and Blogging!





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Corporate Comms: Ideas to Improve Your Business Acumen #business #credit #cards

#business acumen

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CEB Blogs

Ideas to Improve Your Business Acumen

We surveyed Heads of Communications asked them: in what competency does your team need the most improvement? The resounding answer (63% of all respondents) = business acumen. It s the foundation of business acumen that helps communicators dissect business partner needs into successful communications support and it serves as a prerequisite to getting that coveted seat at the table.

However, as someone who has business acumen as a performance criteria in my annual review, I often struggle to quantify WHAT it actually means and HOW I can get better at it. On our Competency Framework (access the entire Modern Communicator s Skill Set here ), we ve defined business acumen as:

An understanding of my company s strategy and ecosystem, including global trends, macroeconomic shifts, and regulatory changes.

My common approaches to improve my own business acumen have been to (try to) read dense articles in the Wall Street Journal and Financial Times and, more recently, to watch the film, Too Big To Fail on HBO (which I HIGHLY recommend).

While these tactics help, I think the onus is on us as individuals to constantly look for ways to get more exposure and business education. I ve provided a few ideas below based on research conversations with CEC members.

1) Educate Yourself. Do you know the difference between net worth, net income, profit, revenue, capital, and equity? How about the definitions of: options, swaps, futures, derivatives, multiples, and value investing?

You can start speaking the language of your business partners by at least knowing the definition and application of these and other business terms. Get comfortable with the components of a balance sheet. (FYI: If anyone wants a short cheat sheet of business vocabulary, I m currently studying for Pre-MBA tests before I head to school this fall and would be happy to share!).

Complement this fluency with regular skims of the WSJ, FT, and NYTimes. And it s cheating if you re only reading the Sports or Dining sections.

2) Learn from Others. Shadow others and learn from leaders in other functions. Here s a great lesson from one of your CEC peers, Craig Rothenberg at Johnson Johnson. During a recent CEC webinar. he shared the following advice:

About a dozen years ago, I was given one of the best pieces of professional advice from a former manager as I was moving into my first operating company management role.

I was told to take the first six months or so in my role and to develop a mentorship relationship with the CFO of that operating unit. I would meet routinely with the CFO of that business and we would dive deep into the P L of that business. I then branched out and did the same with our supply chain leader in that business. It really helped me to get grounded in the business, the various pressure points in the business. Seek someone out a coach, a mentor, a colleague who can teach you a part of the business that you haven t been exposed to before.

And it didn t take me much time before I could actively participate in boardroom discussions. I could talk about the P L, the pressure points, the cost of goods, etc. I could bring that knowledge through a communications lens and see the communications implications. And that s where you start blending the business acumen with the ability to act as a trusted advisor in Communciations.

You ve got to roll up your sleeves. There are no shortcuts.

3) Practice. Another recommendation offered during a past CEC guru meeting was to get yourself or your team involved in rotations in other parts of the organization to broaden your business acumen. Popular destinations for rotations include Investor Relations or Financial Communications. Others have done rotations in other geographies to fine-tune their business savvy.

14 Responses

Eileen Lehmann says:

One of the most valuable experiences I had was a manager training course provided by a previous employer. The course was designed for people ascending into senior leadership, not communicators per se. I had the good fortune to have a boss who hoped I would succeed him and pushed the CEO to let me go.

The course forced me not only to learn the same things the future CEOs were, but to interact with these people on those topics. It was a great opportunity to practice having important business conversations in a safe environment.

My advice is to pursue you communications career as any other business leader would with the hard, cold practical business principles along side the business leaders themselves.

Rebecca Canan says:

John, I ll email it now!

Eileen, thanks for your thoughtful comment and what a valuable experience.

Barbara Duroselle says:

Hi Rebecca
I thought your article was full of tips I can use. Thanks. Could I also have a copy of the balance sheet tips as well?
Thanks.

Rebecca Canan says:

Thanks so much, Barbara. I ll send the business vocab document your way.

We re also building out additional recommendations and resources as a follow-up to our online skills assessment which I see that your team participated in! More to come!

Kristen Cardillo says:

A little late to the conversation, but I d love to take a look at the business vocab document/balance sheet tips you referenced. Thanks!





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Standard Business Card Dimension #at #home #business

#business card dimensions

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Standard Business Card Dimensions

Standard dimensions of business cards is a 3.5 x 2 inches, but in spite of small size,e nsure that graphics is sharp, it means that your designer has to prepare image resolution at least 300 dpi or better, to use the vector design, which can then be magnified to higher dimensions, without loss of quality.

Do not let your impression of your company being broken only
because apparently frivolous business cards.

Business cards are printed in different sizes, visual effects, methods of printing, prices and other details that differed from culture to culture.In general, business cards are printed in the stocksof 350 g / m² density, 45 kg (100 lb) weight. But the best quality business cards are prepared without full-color photos and business cards were usually printed using the so-called spot colors on sheed-fed offest printing processes.
For example, the process of the two colors is that it is enough that the logo on business cards is one color and the type of business cards and other colors. Of course, if necessary, add more of these spot colors.
Before digital printing was quite expensive, but now a lot cheaper and more effective, using modern technology business card printing in color has never been easier.
Monochrome card or cards on which there is more than one color, the printed sheet-fed processes, however, for the processes they use light blue, magenta, yellow and black, and it is called the process of printing with four colors.

As for the dimensions of the card we have certain standards in certain countries. In Italy, the Netherlands, Great Britain, France, Slovenia, Germany, Austria, Spain, Switzerland, Belgium and Ireland are using 85 55 (mm) dimensions or aspect ratio Aspect ratio is the so-called 1.545.
In Japan, the dimensions are 91 55 and Aspect ratio is 1655. In Hong Kong, China and Singapore have a 90 54 Aspect ratio is 1.667.
Australia, Norway, Vietnam, Sweden, Denmark, Taiwan and New Zealand have the dimensions of 90 55 Aspect Ratio and 1.636.
Finally, Croatia, Serbia, Finland, Israel, Kazakhstan, Russia, Montenegro, Bosnia and Herzegovina, Ukraine, Mexico, Argentina They have dimensions of 90 50, and aspect ratio 1.8.
These were the basic parameters for the listed countries, these dimensions are largely similar, but again everyone has their own standards.

Although business cards are now used less as the technology progresses, all usually give away CDs, USB sticks on which all relevant information about them and also their work, USB sticks and mini discs are convenient to them, plus it can also put a print so that is the reason why people are becoming more and more used. But again, the business card has its advantages, because its dimensions are designed to fit in a purse and everything inside pocket, so we believe it will never pass their time.





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Certificate in Business Acumen Overview #business #venture #ideas

#business acumen

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Certificate in Business Acumen

Call
+91 22 6162 3112

Lead business

Today’s managers operate in a globalised world with a rapidly changing and demanding business environment. Organisations are seeking leaders with the business acumen to navigate these changes and successfully run business units.

INSEAD’s Certificate in Business Acumen is designed to bring INSEAD to participants from select emerging markets, at their workplace and at their pace. Taught by the same world-class INSEAD faculty who teach in the MBA, Executive MBA and Executive Education programmes, it will enable participants to advance their business acumen for their organisations’ success.

Consisting of four modules that are delivered over three months, the programme enhances participants’ understanding and application of the cross-functional skills of business management. A variety of learning pedagogies, including video lectures, live webinar interactions, learning circles for group work, quizzes, assignments and self-assessments, will be combined to achieve the learning outcomes.

How you benefit

  • Boost your intellectual capital. Leverage INSEAD’s thought leadership in management, and deepen your knowledge of customer-centricity, strategy, finance and operations, to develop the skills required to lead a business.
  • Reinforce your brand capital. Obtain a certificate in management from INSEAD upon completion – with the top 20% of participants receiving a ‘Distinction’.
  • Build your social capital. Take advantage of the opportunity for rich peer learning from the diverse pool of participants and maximise the group-learning circles to get to know your peers and learn from their insights.

Participant Profile

The Certificate in Business Acumen is tailor made for working professionals from select emerging markets, across sectors and functions, who want to benefit from INSEAD’s thought leadership to accelerate their leadership journey.





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Business Liability Insurance from Nationwide #business #awards

#business insurance quotes

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Liability Insurance Can Help Protect Your Business from the Unknown

With the day-to-day uncertainties of business management, liability insurance is something you cannot do without. Accidents happen – on site, off site, with employees and with customers – no matter how much you’ve planned. It is a critical part of any insurance portfolio, regardless of your industry.

Liability insurance can help cover medical expenses, attorney fees and damages you are legally responsible for. It can also offer protection against situations that may not have even crossed your mind. For example, any individual or business providing an opinion, making recommendations, designing products/solutions or offering a service is at risk for a professional liability lawsuit. Nationwide can help with defense costs, regardless of fault, as well as protection for judgments, court costs and more.

Nationwide offers great basic plans that can be easily customized with a wide variety of options so you can select the coverage you need. We understand that you need complete business protection, not one-size-fits-all coverage. Our agents will work with you to determine the right type of commercial liability insurance you need for every stage of your business.

You can enhance a basic policy with additional commercial liability insurance options, known as endorsements, that meet the specific needs of your business.

Hired and Non-owned Auto Liability Insurance

Provides auto liability coverage for short-term auto rental or for employees using their personal auto during the course of business.

Umbrella Policies

Extends coverage over and above your other liability coverage. Designed to protect against unusually high losses when the policy limits of one of the underlying policies have been used up.

Product and Completed Operations Liability Insurance

Provides protection for bodily injury and property damage that occurs away from your premises that are caused by your products or your work. The amount of coverage and the level of risk depend on your business type.

Employment-Related Practices Liability Insurance

Covers wrongful termination, wrongful refusal to employ, invasion of privacy or defamation claims made by your employee against you, the employer.

Directors and Officers Liability Insurance

Provides coverage for situations where a poor decision was made by a company’s board of directors or officers resulting in a claim for damage. Coverage can be provided for condominium associations, golf courses and churches.

Liquor Liability Insurance

Protects you against claims for injury sustained by reason of you selling, serving or furnishing any alcoholic beverage during the course of your business operations.

Fire Legal Liability

Provides coverage for fire damage to premises you rent or occupy with the landlord’s permission. You must have been negligent in causing the fire for this coverage to respond.

Understanding Business Liability Insurance – Additional Resources

Ask your agent about Medical Payments, Premises Liability, Employer’s Liability and Employee Benefits Liability.

In addition to the above, please review these additional resources, based on frequently asked questions (FAQs) about business liability:

Prevent Common Business Liability Claims

Learn a few simple things you can do to help prevent many of the most common loss events from happening to you.

Choose Nationwide as Your Business Liability Company

Learn why Nationwide is the #1 Total Small Business Insurer and the right company to protect your small business.

Commercial Auto Liability

Business auto liability insurance is an important safeguard for your business.

Product, coverage, discounts, insurance terms, definitions, and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms, and discounts may vary by state and exclusions may apply.

Business Safety and Loss Prevention

Get disaster and safety planning support from Nationwide, a trusted business insurance company.

Accident Medical Insurance

Protect your organization and its participants during group events.

Medical Stop Loss Insurance

Limit your risk while keeping your employees safe and healthy.

Business Interruption Insurance

Keep your business running when the power, gas or other utility goes out.

Businessowners Policy

Find the right BOP insurance for your medium to small business.

Disaster Planning and Recovery

Prepare your business for natural or manmade emergencies.

Agriculture Insurance

Find solutions, resources and products for your agribusiness.

Commercial Business Insurance Discounts

Get up to 10% off uniforms and workplace safety products.

Business Banking

Find banking solutions that suit the needs of your business.

Business Alerts Insights

Keep on top of safety issues that can affect your bottom line.





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