• Breaking News

    Friday, May 29, 2020

    Business GE is saying goodbye to its 129-year-old light bulb business

    Business GE is saying goodbye to its 129-year-old light bulb business


    GE is saying goodbye to its 129-year-old light bulb business

    Posted: 28 May 2020 04:23 AM PDT

    Tacit Knowledge: What it is and How it Benefits Businesses

    Posted: 28 May 2020 06:48 AM PDT

    Chinese tech giant NetEase files for secondary Hong Kong listing, amid greater scrutiny over Chinese firms

    Posted: 29 May 2020 02:39 AM PDT

    Worried about running a business

    Posted: 29 May 2020 02:38 AM PDT

    Hello, so I wanted to ask about an issue that I'm worried about and wanted to talk about it here since I don't know much about business. So recently, my dad decided to run his own lawn care business because he wanted to make more money and the only action he did is ordered business cards. Do I need to tell him to do some business work like getting approval or license from the government before he started his business and passing out cards? I doubt that he'll go far enough to rent another building for that business or hiring other people, mostly because he is busy with his other job and wanted both me and him to do the lawn service. In conclusion, should I tell my dad to get some approval before making his lawn care service? I don't want him to get into trouble on something we both don't know.

    submitted by /u/MamaMiaPizzeria100
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    Nordstrom sales fall 40%, but retailer says it has ‘sufficient liquidity’ to weather pandemic

    Posted: 28 May 2020 07:05 PM PDT

    Nissan to cut production capacity by 20% after suffering worst year since 2009

    Posted: 28 May 2020 06:33 PM PDT

    Businesses owners, I need your advice

    Posted: 29 May 2020 12:29 AM PDT

    Hi there,

    I wonder if I can ask what the two things you look for in a business or headshot photographer? I am trying to build my website up to be the best in the area and wanted to know what actual company managers look for from a photographer to get the best results. Thanks!

    submitted by /u/GravitasMusic
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    FDI jumps 13% in India for FY20, records growth from FY19

    Posted: 29 May 2020 03:33 AM PDT

    Listed low desired salary on application, now I’m worried that I may not get job

    Posted: 29 May 2020 03:23 AM PDT

    I submitted a job application and received a prompt request from HR for me to enter my desired salary in my application. I have never enter a desired salary on an application; especially with a company that I've never worked at. I feel I don't know enough about the culture at the company and day-to-day work to have my mind set on a salary. I honestly do not start thinking about salary until after the interview and an offer is extended.

    Nonetheless, I abided by the request and entered a salary which I now realized was too low. The reason I entered a low salary was because I would be working 32 hours per week rather than 40 hours per my request. However, I do not want the employer to feel like I'm going to give him part-time or a half ass effort with such a low salary expectation. I have every intention to give my best efforts in meeting the company's goal. With my desired salary being listed this low; I am afraid I may have given the employer a bad impression. What are your thoughts?

    submitted by /u/mercy716
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    I made some Handshake Warning signs for offices - what do you think?

    Posted: 28 May 2020 06:22 PM PDT

    double degree in accounting/international business or accounting/business administration?

    Posted: 29 May 2020 01:05 AM PDT

    EDIT: or Finance instead of accounting?

    Any thoughts?

    I gather that accounting jobs require further qualifications etc. so would IB/BA provide any 'better' skillset than the other?

    Or is it too subjective?

    Appreciate any input! :))

    submitted by /u/xxxxx318
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    I feel as though my employer does not understand basic business principals, I might quickly be in a position to make positive changes, but I don't know where to start learning.

    Posted: 29 May 2020 12:22 AM PDT

    The company seems to be struggling with what I assume are really basic functions. They struggle to accurately schedule tasks. They still use paper documents and anything electronic is scanned in or is a simple excel table in a maze of folders so retrieving information is a nightmare. The owner views company money as "his" money, and I get the impression that they don't do proper accounting beyond keeping the checkbook positive. There's no legal department or evidence of legal counsel having been used for what should be legal documents(they don't have the legalese tone at all).

    The whole experience has left me questioning everyone's competence, but the company is small enough that I have a rare opportunity to learn and make significant improvements. I just don't know where to start, or how to go about proposing ideas once I have the knowledge.

    submitted by /u/__WhiteNoise
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    TikTok owner moves to shift power out of China: ByteDance has quietly made a series of moves in recent months to transfer global decision-making and research capabilities out of its home country. The changes come at a time of heightened tension between the US and China over trade, tech and Covid-19.

    Posted: 28 May 2020 11:34 PM PDT

    Wall Street is still in for a ‘rough ride,’ Jim Cramer says - For those keeping track of Cramer's record of-late, here he is today

    Posted: 28 May 2020 08:46 PM PDT

    Did I make a smart move by submitting a 2 weeks notice letter effective unless I get the Schedule I requested?

    Posted: 28 May 2020 08:17 PM PDT

    Basically we are currently understaffed as it is, plus I normally cover a shift on moments notice.

    I am assuming they need me or risk burdening everyone else with to many shifts especially since hiring when people are getting $600+ a week for staying at home is hard.

    submitted by /u/BasicRedditor1997
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    Nordstrom permanently closing 16 stores and three boutiques. Is your location on the list?

    Posted: 28 May 2020 06:32 PM PDT

    Please give some advice to my business

    Posted: 28 May 2020 04:56 PM PDT

    My business is to teach high schoolers research skills and publish papers with them. The value is to help them standing out from college applications. I buy ads from facebook for over a month. The image captures are below.

    What do you think about this business? I do not have any customer so far. I got a few people asking out the price only (before I marked the prices on my website).

    Here is my website researchnpublish.com

    I really need advice.

    https://preview.redd.it/985ves60gl151.png?width=391&format=png&auto=webp&s=5b787e57bea563b0469be7fdd23d202c01c89022

    https://preview.redd.it/oaybsw60gl151.png?width=382&format=png&auto=webp&s=8a628bb75254989c1ae936a32cc4765076613011

    submitted by /u/superhero_io
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    Legitimacy as a Teen Entrepreneur

    Posted: 28 May 2020 03:50 PM PDT

    To all entrepreneurs/investors,

    I'm an aspiring teen entrepreneur and I've been hearing a lot about how teen entrepreneurs are at a disadvantage when it comes to getting investors to listen/give money due to our age and lack of "legitimacy". I was wondering if I could get some of your ideas about:

    1. How can I (a teenager) gain legitimacy/get investors to listen to me?
    2. What factors give a company legitimacy when it comes to investment?

    If you have any other thoughts or would like to chat, please PM me. Thanks!

    submitted by /u/nhbin
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    Mistakes that Entrepreneurs should avoid.

    Posted: 28 May 2020 02:30 PM PDT

    Not following the Lean Startup methodology is the biggest one.

    Don't get over-excited, grow fast before the product is ready, and fail because the product was never good enough.

    Facebook, Google, Snap, Instagram, YouTube, Groupon, DropBox, TechCrunch, MailChimp, and I could go on and on… all started off using the Lean Startup methodology.

    Being lean means shipping early, achieving product/market fit by repeatedly trying, and the stay lean until that winning formula is hit. It also massively reduces the chance of failure as less cash is being burnt.

    It took Netflix TEN years before they got into streaming and even when they did, in 2007, it then took them a couple more years before they took off. Trying and trying to get it right for over a decade, but once they did they became a US$75bn company pretty damn quick.

    Great products don't just happen.

    And this doesn't just apply to tech. McDonald's was fine tuned for 15 years by the McDonald brothers before Ray Kroc came into the business and made it into the most successful fast food company in the world.

    The Candy brothers, who revolutionised ultra high-end property, started by renovating flats - that was their lean period.

    You often hear about the explosive periods of startups. The lean periods tend not to make the headlines.

    To build a great product, tech or otherwise, you need an iterative lean period. This period allows the startup to scale in incredible ways much later - when you hit the gas there will be far more growth if your foundations were built on a very effective lean period.

    submitted by /u/Rajeshlee
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    Americans on Jobless Benefits Post First Drop of Pandemic

    Posted: 28 May 2020 10:19 AM PDT

    Good leadership is about communicating “Why”: « Answering why is an act of empathy and adds a layer of persuasion to your communications. When people know why they’re being asked to do something, they’re much more likely to do it. »

    Posted: 28 May 2020 09:42 AM PDT

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