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    Tuesday, December 8, 2020

    Business Foxconn electronics giant hit by ransomware, $34 million ransom

    business

    Business Foxconn electronics giant hit by ransomware, $34 million ransom


    Foxconn electronics giant hit by ransomware, $34 million ransom

    Posted: 07 Dec 2020 01:29 PM PST

    Despite Biden pledge, coronavirus bill in Congress now may be all Americans get: analysts

    Posted: 07 Dec 2020 01:51 PM PST

    U.S. Congress closes in on COVID-19 aid bill as funding deadline looms

    Posted: 07 Dec 2020 03:41 AM PST

    Chick-fil-A sues chicken producers, alleging price fixing on billions of dollars of poultry

    Posted: 07 Dec 2020 08:35 PM PST

    Here's how you can size up climate change to tap into smart investment opportunities

    Posted: 07 Dec 2020 06:24 AM PST

    Layoffs at Husky worksite announced after company gets $41.5 million in public cash

    Posted: 07 Dec 2020 09:34 PM PST

    Uber sells its self-driving unit to Aurora

    Posted: 07 Dec 2020 02:27 PM PST

    Exxon Under Pressure From New Activist Fund

    Posted: 07 Dec 2020 10:53 AM PST

    How to be more productive

    Posted: 08 Dec 2020 02:01 AM PST

    As aspiring entrepreneurs being productive is imperative. Sometimes we have a lot of work to get through and diversions like social media distract us. That is why trying the Pomodoro technique can help you, you basically work non-stop for 25 minutes and then take 5-minute breaks.

    You need to be hyper-focused on the task at hand for that time period. No checking messages, calls, social media, or anything else. After the 25 minutes, you take a break for 5 minutes and you continue doing that for the whole day. Take a 5-minute break between every 25-minute work block.

    You can either use an app or website to do this for you or just use the timer on your phone for it.

    I hope this post has added value to you, let me know if you think this strategy is effective!

    P.S If you would like to receive more advice about work, business, and more check out my youtube channel for more! https://www.youtube.com/channel/UC5EI6PgMssyBGr7HcCunZhQ/videos

    submitted by /u/Desong_Productions
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    Start-up advice

    Posted: 08 Dec 2020 01:51 AM PST

    I'm looking to start a small business in the UK for myself and my partner, potentially catering...although the exact market I am unsure of. Ideas include; a mobile trailer to make breakfast and lunch sandwiches, or pizza and burgers that can capitalise on local nightlife around pubs/bars/clubs etc.

    The idea has been brewing for a while, but we have no idea where to start and what is available to us in terms of start-up loans. We have no savings, poor credit and no personal assets...such as a house to borrow against.

    Can anybody point me in the right direction for some advice or sources of information? Is it even feasible for someone in our situation? Is a business loan or a personal loan through the business the right option? Making some crude calculations, I would think in the region of £15,000+ would get us up and running...is there any alternative methods of raising the money?

    Any advice is appreciated.

    submitted by /u/chris_packit
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    Bullion For A Billion: The Effect Of COVID-19 On Startups

    Posted: 08 Dec 2020 01:41 AM PST

    JD Health soars on stock market debut

    Posted: 08 Dec 2020 12:54 AM PST

    Catering to Everyone

    Posted: 08 Dec 2020 12:24 AM PST

    Is starting a business that caters to one group of people bad? How can I highlight that specific group of people while also making it known that I am open to everyone in a bio?

    Let's say for example I'm focusing my brand to tall people bc of lack of tall representation but I also want short people to know I'm supporting and catering to them too? (This is a fake example lol not my actual idea)

    submitted by /u/idkwhat2putasmyuserr
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    How does this idea for a "bar for kids" restaurant sound?

    Posted: 07 Dec 2020 08:36 PM PST

    I don't mean bar as in a place to sell alcohol to kids, I mean as in a place for kids to come after school and socialize over beverages and simple food.

    The lengthwise wall on one side would be lined up with booths, and across the room there'd be the counter with barstools. Booths would get table service from wait staff.

    The drinks would be things like juice, smoothies, milkshakes, coffee, soda, mocktails, etc. The food would be simple to make stuff like hot dogs, cheeseburgers, saimin, musubis, pizza, nachos, soft pretzels, bowls of cereal, scrambled eggs and bacon, waffles, pancakes, chicken nuggets, lasagna, spaghetti, toast, club sandwiches, etc. There'd also be things like ice cream, cookies, cake, and cinnamon rolls available for dessert. Nothing on the menu would cost more than $10-15.

    The place would be open from 9:30am to 8:00pm, with Sundays being closed. From 4:00pm to 6:00pm, all drinks would be 10% off, and all food would be 20% off.

    There'd also be a membership that parents could sign their kids up for, or if you could sign up for yourself. For about $20-30 a month, you get a card that allows you to get 2 free food items and 2 free drinks every month (but unredeemed food/drinks don't carry over month to month), and 5 cents in spending credit for every $1 spent on food and drinks. This way, I can collect monthly fee for something that some people might forget to use, and I'd have a lot of people coming into redeem those free food and drinks, which would attract non-members into coming in and trying the place out.

    The main demographic for this place would be kids who'd come here to socialize with friends after school, so probably ages 7 to 15, and they get out of school at 2:00pm (12:30-1:00pm Fridays). A such, various extras would be provided to attract customers:

    • A TV constantly playing cartoons on Nickelodeon, Disney, Cartoon Network, or a movie on a DVD player.
    • Coin-operated pool and/or air hockey table
    • Skill crane
    • A few multiplayer competitive arcade games, like Street Fighter or Mario Kart Arcade.

    The secondary demographic would be parents and people working or running errands downtown who wanna stop by for breakfast or lunch, hence the 9:30am opening. I don't know what I'd do to entice parents though, and I'm aware that that's a key aspect. Maybe I'd have a couple tables be reserved for adults 16 and over only, so the parents can all sit and chat while the kids sit together and hang out.

    I think a cool thing to do would be to hold tournaments on Fridays once a month for pool, air hockey, or those arcade games. People could pay a $2 or $5 entry fee to join, and the entry fees would be split into 70% for first place, 20% for second place, and 10% for third place. That'd be a fun thing for people to come play and watch, and then I could sell food and drinks to them.

    submitted by /u/hunter-da-hammah1
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    Hyatt announces plans to grow its brand portfolio in Europe significantly by the end of 2023 with more than 20 executed managed and franchised deals for new hotels, 'signals significant intentional growth plans for Hyatt that will increase its brand footprint in Europe by more than 30 percent..'

    Posted: 07 Dec 2020 09:51 AM PST

    Recommendations on structuring partner percentages & salaries?

    Posted: 07 Dec 2020 10:00 PM PST

    Good evening fellow Redditors & entrepreneurs! I am looking for recommendations on how to structure partner percentages in my (about to open) second retail location. (Burner account, so I will give all financial information below). Currently, I am a sole proprietor our primary location. (Primary location does $500,000 a year in sales) My wife & I run it along with 3 other employees. Two of them we brought on the team earlier this year in preparation for our new location. Part of the deal to get them with

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