• Breaking News

    Thursday, June 7, 2018

    Brazil Trucker Strike Begins to Affect Global Commodity Markets small business

    Brazil Trucker Strike Begins to Affect Global Commodity Markets small business


    Brazil Trucker Strike Begins to Affect Global Commodity Markets

    Posted: 06 Jun 2018 06:27 PM PDT

    When people are so focused on the trade dramas between Trump and China, it's easy to miss what's going on in the other parts of the world. In Brazil, the truckers strike has crippled the country and brought Latin America's largest economy to a halt. The strike, which has been going on over one week, is mainly accused of the rising fuel cost – result from the increasing international oil price, has exerted much heavier operating expenses on Brazilian truck drivers.

    The truckers are furious at the rise in fuel costs from 3.36 reais (92 U.S. cents) a liter in January to 3.6 reais before the strike, which has hit 3.8 reais per liter On May 26. The strike has soon paralyzed nationwide goods, foods, fuel deliveries, leaving the country with plenty of chaos.

    To defuse the increasingly out-of-control situation, Brazil's state-controlled oil company Petrobras agreed to a temporarily 10% price reduction on May 23, offering time for the President Michel Temer to reach a deal with the truckers. Although Temer finally made concession to cut the diesel price by 0.46 reais per liter for 60 days, the deal seems not powerful enough to be accepted, truckers outside Rio vowed to continue the strike – 60 days' discount isn't a desirable solution.

    Not only Brazil domestic commerce got hurt, but also the global commodity markets have been negatively affected by its foreign trade problem raised from the trucker strike. It's estimated that Brazil has lost 120,000 tonnes exports of chicken and pork meat over the past eight days; the blocked transportation also made soybean traders delay the shipments, and Brazil's vast sugar industry shuts down big part of its processing plants.

    One of the main Chinese food purchasers Cofco International temporarily suspended soybean shipments from Santos for the shortage of soybean cargoes for export. Before that, Brazil is expected to be the best alternative soybean exporter to China instead of U.S., but now enjoys no benefits but losses.

    Also Read: Who's the winner of US-China Trade War? Maybe Brazil

    Some other soybean exporters at Santos relied on inventories over the weekend to avoid the break off of shipments moving but the stock now remaining is very low. Archer-Daniels-Midland Co., the processor of soybeans said it has to halt or slow some operations after running out of storage space.

    In Paranagua Port, the second-largest port for Brazilian grain shipments, five vessels which were supposed to carry about 300,000 tons of soymeal was failed to load enough amount of the commodity.

    Coffee export is also facing disruption. Because of the strike, the number of vessels waiting to dock in Santos is increasing day by day but there's no flow of trucks to the port. Nelson Carvalhaes, president of exporters group CeCafe said:" Coffee shipments are halted at most Brazilian port terminals."

    Sugar industry is facing the same situation, most of the mills have halted sugar-cane harvesting, two major sugar mills have closed their doors. According to INTL FCStone Inc., the cane processing in Brazil's center-south region would drop by 10.9 million tons in the last two weeks of May because of the strike.

    So do the meat and poultry sector. Local meat exporter ABPA has lost 64 million chicks; JBS, one of largest meat supplier in the world, has halted all domestic slaughtering of cattle, hogs and chicken, all due to feed shortages.

    Although the strike was eased by May 31, it has almost brought Brazil to knees.

    submitted by /u/cecilia128
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    Health insurance

    Posted: 06 Jun 2018 10:50 PM PDT

    My husband and I are thinking of starting a small business but we're afraid to quit our day jobs because of loss of benefits. What do you do for health insurance in the US as a small business owner starting out?

    submitted by /u/ninnymuggin
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    How can I shake off a client that I regret taking on?

    Posted: 06 Jun 2018 05:58 PM PDT

    I've been doing web development for a client, and it's been a terrible experience. Client never seems satisfied, always questioning my price quotes, expecting me to do work for free, etc. I'm tempted to tell him to start looking for somebody to pick up where I left off. For those of you who've freelanced and been in a situation like this, what would you recommend? How can you officially terminate a contract?

    submitted by /u/skipthedrive
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    Advice on tardy/cursing employee

    Posted: 06 Jun 2018 04:09 PM PDT

    Critique/Feedback of My Landing Page

    Posted: 06 Jun 2018 05:12 PM PDT

    Hello, I am starting a home cooked dog food recipe website, so I created a landing page to start my email list until the site goes live officially. My plan is to build an audience on social media (Facebook + Instagram) with guest blogging/social media shout outs before I begin officially posting my blog content. I created the landing page with MailChimp. Right off the bat, I wish that the font under the heading was larger, somehow it didn't look so drastic in the customization window. https://mailchi.mp/0f74c005ffdc/dogfoodrecipes

    submitted by /u/OverenthusiasticWoof
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    Can companies make deals with shipping services?

    Posted: 06 Jun 2018 07:36 PM PDT

    I heard from a friend that this company ships for less than a regular person would pay. Is this true?

    submitted by /u/guppy001
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    Those with an office and employees, what do you think is appropriate to spend on employee appreciation/benefits?

    Posted: 06 Jun 2018 03:22 PM PDT

    For starters, I don't mean healthcare and other insurance for benefits. Just general benefits...not insurances and retirement.

    I'm thinking of adding some company-branded products (like a shirt and stuff) to our employee package once they pass their 90 day probation period. But I dunno if we would be spending more than average, or if we're being too stingy.

    We're a bit larger than a small business though. Also in the healthcare industry. Figured this would be a decent place to start gathering some datapoints. Thanks!

    submitted by /u/MightBeJerryWest
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    Startups/Companies doing well in your area

    Posted: 06 Jun 2018 06:19 PM PDT

    Hey everyone. A long time lurker here.

    I have some experience in local business start ups. Currently have four employees in my company and things are running smooth. I hired general manager few months ago so I could start working on another project.

    I´ve been thinking of storage business or healthy vending machines, since there is a both demand and lack of competition in that sector where I live. Do you have any other ideas of businesses in your city that are doing well and are profitable for early adopters in rural markets.

    submitted by /u/not_chickentarian
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    Help finding a sock manufactuer

    Posted: 06 Jun 2018 05:00 AM PDT

    Hello, I have started a small clothing brand that will be selling socks. I have designs ready and looking to order each design in a quantity of 500. I am hopefully looking to sell for $11.95 (AUS) I've found Alibaba quite frustrating as the customer service agents have very broken English. On the ads it says $0.3-1.10 (USD) It will cost me $1938 for an order of 500 socks. Which is more then I expected but really what's holding me back is personal money.

    Is there a certain consultant I should be looking for that I can hire to find the best deal? Like a middle man who understands the Manufacturing market well and will find me the best deal. I asked local "Small Business Consultant" companies and they just kepted reffering me to non helpful people in their office. Thank you

    submitted by /u/astoradota
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    Marketing Experiment

    Posted: 07 Jun 2018 12:22 AM PDT

    This is a challenge to anyone on this thread, I will give you one landing page and your challenge is to get someone to book a lesson with this instructor. PM me for the link. Bay Area only. Contest lasts for 3 days. First one to book a lesson gets a $20 visa gift card OR can defer to try to get a second lesson before anyone else, that will get you a $200 amazon gift card. This is 100% real. Let's go!

    submitted by /u/SBAlgos
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    [NYC] Looking to file complaint to Attorney General about Credit Card Processor

    Posted: 06 Jun 2018 11:26 PM PDT

    I signed a 3 year contract with my credit card processor with a large termination penalty. They raised my rates in April are now charging me higher than the contracted rate. I'm not even a year into the contract. I'm having a lot of trouble getting through to anyone in the company who will help. Someone said that maybe I should file a complaint to the Attorney General.

    Does anyone have experience in dealing with something like this?

    submitted by /u/meteoraln
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    Handling illegal credit card surcharges

    Posted: 06 Jun 2018 10:25 PM PDT

    I own a small business that is in the construction industry and live in a state where it is illegal to impose credit card surcharges or any additional fee or penalty for using a credit card. This fee is a big hit on us financially because of the cumulative quantity and cost of materials in each job. I would like to avoid taking this hit, but don't want to up-charge every single customer.

    What is a creative way to word this offset of cost? I was thinking a material delivery charge which is waived if paying with cash or check. Any other ideas?

    submitted by /u/awaynowthrowthis
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    For those using (Canada) the Dream Merchant POS system, you will need to read this ASAP.

    Posted: 06 Jun 2018 09:35 AM PDT

    I need a CFO - can I get a remote one?

    Posted: 06 Jun 2018 06:49 AM PDT

    I need help with my business finances. I need a CFO

    submitted by /u/RuffledFeathers411
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    I’m looking to make an app

    Posted: 06 Jun 2018 08:08 PM PDT

    I'm looking to make an app . Any idea how to go by this ? What's my first move besides copyright I have all my ideas intact . Where do I go to get someone to build my app

    submitted by /u/MikeAdamo
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    Lifestyle Commercial offer -- what do I need to know

    Posted: 06 Jun 2018 08:00 PM PDT

    Hello, this is my first post on here. Hopefully I am not violating any rules. I own and operate a small service-based business (year 7, just hit six figures last year). We don't usually advertise but have gotten some attention recently from local orgs and media, possibly through social media. I've been approached by a production company that makes lifestyle commercials that air on a local TV channel. I've gathered from my fellows in the industry that they are a marketing company offering to make, for a fee, a commercial for my business that I can then own (?) in digital format that can be shared on social media and our website. And yes, air on local TV but who watches that anyway right? So is this worth venturing into success-wise (ROI), and what would be a reasonable fee so that I know I'm not being overcharged? This is a densely populated group of suburbs, and our target demographic is 40ish married women. I am trying to grow the business but don't want it to explode suddenly either -- we are in our busiest time of year now. Thanks for any replies!

    submitted by /u/Thisiisi
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    Anyone own/start an export business?

    Posted: 06 Jun 2018 06:25 PM PDT

    Has anyone started an export business? I'd like to pick your brain if possible.

    I already have a few products I'd like to export. I'm located in the US and I've spoken with the manufacturer and they seem to be onboard and understanding of my needs. My main areas of interest for exporting would be Australia, Brazil and India. The product is mainly used for agricultural purposes. Based on my research they appear to have a growing agricultural sector at the moment. I'm hitting a roadblock with finding leads in this particular sector. Which leads me to some of the following questions:

    How did you get into the export business? Was it difficult to get started? What methods did you use to get your first client? What method should I be using to get my name out there to other countries? Are there any useful B2B or lead generation websites?

    submitted by /u/TX_heat
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    What do you use for HR software

    Posted: 06 Jun 2018 09:52 AM PDT

    What do you use for your HR needs? What do you do with it and what do you wish it had?

    What do you pay for this? Monthly per user fee or a per account fee?

    Disclaimer, I am collecting this data for a potential business idea and plan.

    submitted by /u/jsdfkljdsafdsu980p
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    Need advice for a restaurant

    Posted: 06 Jun 2018 09:08 AM PDT

    I'm interested in becoming a partner for a restaurant. I have 2 options given either I get a already working restaurant split 50% which makes ~15k/month vs a new restaurant (needs construction, equipment ~400k) but projected to make 30k a month also split 50%. I've been working in restaurant business for a while this is a big investment would love to get some opinions, thanks.

    submitted by /u/lebnick613
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    Business 101

    Posted: 06 Jun 2018 04:31 PM PDT

    i was having a talk the other day with a friend that bought a Yeti cooler for like $500 dollars, after talking about it someone else brought up the fact that Yeti did not actually invent the rotomolded cooler, infact a company called Engel did. Obviously Yeti did a much better job marketing their product and are hugely successful. I started googling around and researching what they did and read about several lawsuits they have against other companies like RTIC and some other companies. So I guess this is where I'm trying to figure out the basics of this whole process. First, why is Yeti suing companies when they didnt even invent this type of cooler? Why didnt Engel sue Yeti (maybe they did). So, just for an example I went to Alibaba to see if they carried these type of coolers which they do. They have rotomolded coolers from $29- $150 based on size and quantity ordered. So, if I were to buy several of these coolers and create a cool logo and market the hell out of it is that just Business 101? Is that just White Labeling? With so many different coolers RTIC, Grizzly, Yeti, Orca, etc.. I'm just trying to wrap my head around this, not that I want to get into coolers but I see alot of other products and I'm just curious if I'm way over thinking this or if its just like the post title- Business 101. Thanks

    submitted by /u/chubbys8
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    Small quiz to help choose ecommerce platform for your small business

    Posted: 06 Jun 2018 04:16 PM PDT

    I know it's hard to choose between many ecommerce platforms. I had spare evening and wrote small quiz to help you with decision. Hope you will like it

    https://codestera.com/ecommerce-platform-quiz

    submitted by /u/lackoftactics
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    Inventory management Integration?

    Posted: 06 Jun 2018 10:09 AM PDT

    Hi! Our business sells in Shopify, Amazon and Ebay. As you can imagine that it's great hassle and time consuming when ever we get orders and we have to adjust inventory on each store. We get 15 hundred orders per month(Thats on slow days). Is there a good inventory management that could sync with the 3 stores and update inventory automatically? I would like to import products to that software and just link them to my already created listing of ebay and amazon.... We sell the same stuff. Thanks! Any recommendations would be great!

    submitted by /u/Zackio
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    Warehousing issues

    Posted: 06 Jun 2018 03:45 PM PDT

    Hi all - I am starting a eCommerce pet supply store. How do small businesses handle warehousing needs? I was originally going to store in an extra bedroom I am but some wholesalers will not sell to me because I don't have a warehouse. I am open to 3PLs but was curious if others dealt with this pain point?

    I am pre-revenue and just starting have sourced one product (directly from manufacturer). I wanted 3 products before I went live with my site but am running into this issue.

    Thanks!

    submitted by /u/aguadog
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    Delving into a new market for our company and we’d like some opinions about how much of a chance we stand to succeed within this niche

    Posted: 06 Jun 2018 02:44 PM PDT

    I've been doing a lot of research into B2C personalised fitness wear but couldn't find much data about it, there is a lot going on on a B2B level, good upward growth within the sports and fitness industry in the past decade with no signs of it slowing down and a dramatic spike within the athleisure category within the last year or so.

    Let me break it down on what we have:

    • We've launched a business specialising in gym wear, fitness wear and anything to do with athleisure.

    • We took it a step further by introducing our own designs and offering customisation to the designs such as names, nicknames, colour schemes and generally anything the client wants.

    -We pre-design items of clothing both in-house and outsource to designers to produce best results and a handful of designs

    -We're currently in a testing stage where we use few manufactures that do small scale orders to see the quality of the products and the print quality.

    -We also offer a variety of other products related to this industry just so there is more choice.

    As of yet the business hasn't been fruitful to us and I'm wondering if it's just me being impatient, it's been a month since we've launched and just over a week since we re-designed the website even though we had pre-built a small audience few month prior leading up to the launch. Or is it a lack of proper advertising, it's been quite broad so the bounce rate is quite high which is now being worked on and hopefully restarted by next week for a more targeted audience. Or is it that we chose to do something that is too narrow to sell to make a profit, even though it's quite a vast industry and we chose to build our own corner within it.

    Thank you for your time.

    submitted by /u/modelcroissant
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