What do I sell?

BERLIN (Reuters) – Spanish automotive supplier Gestamp is planning to open a new pressing facility to supply Volkswagen’s production in Chattanooga, Tennessee, a source familiar with the matter told Reuters.

What are two things a start-up must have?

What are the first things you must have when starting a business? The answer is so obvious that many people overlook it. The two most important critical factors for success in any business are products and customers.
You can’t have a business without products and customers. So the very firstRead more…

What are two things a start-up must have?

A simple lesson in profit making

When you sell something for more than it costs, you make a profit. So when my grandkids wanted to open a lemonade stand, I gave them a lesson in profit making. They decided that one glass of lemonade cost exactly one dollar. They raided their piggybank for the initial investment. But they wantedRead more…

What is an organization?

VIENNA (Reuters) – Oil group OPEC is set on Friday to stick by its policy of unconstrained oil output for another six months, setting aside warnings of a second lurch lower in prices as some members such as Iran look to ramp up exports.

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What do I sell?

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What is an organization?

For a business to consistently sell products and/or services for a profit, it needs a solid organization. An organization includes everything that needs to be done to accomplish the work of the business. The work of an organization includes such things as tasks, functions, processes, systems,Read more…

Exactly what is a business?

(Reuters) – Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday.

http://feeds.reuters.com/~r/reuters/businessNews/~3/LNEvu5N-kMg/story01.htm Read more…

What do I sell?

What is a product?

My definition of a product is anything that a business produces and receives payment for. Some products are tangible which means we can hold or touch them. In general these products have a shelf life. At some point we will use them up or wear them out. One great example is a computer or cellRead more…