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Consumer Spending Fell in September
A new report issued by the Commerce Department has shown that average consumer spending fell in September for the first time in five months, a development that has been attributed to the ending of the Cash for Clunkers automotive rebate program. This drop in consumer spending matching analyst estimates and follows a 1.4 percent jump in the previous month.
Consumer confidence has taken a hit in recent months because of stagnant wages and growing unemployment, two factors that have raised worries that consumers will cut back spending in the coming months.
Analysts also worry that consumers will grow reliant on government programs, [...]
Post from: EveryJoe
Consumer Electronics Makers Recovering
The consumer electronics industry has been hit especially hard by the recession and slow consumer spending, as electronics are among the first things that many families cut back on when money is tight. However, several consumer electronics companies, including Sony and Panasonic, have posted results that may signal some recovery in the market.
Sony just posted its fourth-consecutive quarterly loss on Friday, a fact that is troublesome on its own. However, the brighter outlook on the global economy and cost-cutting measures have allowed Sony to trim its loss forecast for the year in hopes that the situation will continue to improve.
Panasonic [...]
Post from: EveryJoe
Chevron 3Q Profit Down 51 Percent
Though production is up, Chevron, the nation’s second largest oil and gas producer, posted overall profits down 51 percent to $3.83 billion, or $1.92 per share, in comparison with the same three-month period last year.
The company did increase oil production by 11 percent. The average sale price was $62 per barrel — definitely better than last quarter but still far below the $103 per barrel during the same period in 2008.
“We continued to experience weak margins on the sale of gasoline and other refined products,” said Chairman and CEO Dave OReilly. “Weak demand and plentiful supply affected all our major [...]
Post from: EveryJoe
PC Backup Startup Names New CEO
One of the hottest industries in the online world is PC backups. There are a number of major players in this industry, which wants to capitalize on the market that is filled with consumers who want to backup their important data from their PC quickly, easily and without paying a fortune.
Rebit.com is one player in the PC backup market. Recently, this startup named Paul Guerin as its CEO. Guerin has worked for a number of major corporations including Lotus, IBM and GTSI. He has also worked for a few startups including Jabber, Torrent Systems and Digital Archaeology.
Said Guerin, who steps [...]
Post from: EveryJoe
Goodbye From Small Business
Bizzia Small Business will be going away and merging with some of the content at EveryJoe starting tomorrow, so I wanted to bid you all a fond farewell since I will not be writing here any more. You can still find me several other places online, give me a shout out on Twitter sometime I’m @Linetteg there. I’d love to hear from you.
You can also stop by and visit me at one of my other blogs. Mostly I blog about parties and entertaining, with a little kid’s stuff thrown in for fun. So, if you like parties or kids (and [...]
Post from: EveryJoe
How To Manage Your Support Team
Being able to manage a support team successfully, means that you are a project manager who know how to listen and delegate. Yes there are other key skills that a successful project manage need to have in place but listening and delegating are two of the most important one.
Managing a successful support team takes a project manager who is willing to not only work on developing their team but also developing themselves. Below are a list of areas where a project manager should either currently excel in or are developing in as part of their skillset. This list is based [...]
Post from: EveryJoe
5 Advantages Running a Small Biz From Home
I run my small business from home, and I love it! There are advantages and disadvantages to running your small business from home. Today I’m going to focus on the advantages, because it’s more fun to think of the positive, right?
One of the biggest advantages is working in your slippers if you want to. When you’re not meeting with clients or customers you can hang out in comfortable clothes and your slippers if you want to. I do always try to get dressed for the day when I get up in the morning. I think that sets the tone for [...]
Post from: EveryJoe
Seasonal Small Business Ideas
Some small business ideas are seasonal in nature. If you pick the right business you can work really hard for a couple months out of the year and take it easy the rest of the year. That doesn’t usually mean you’re not working at all, there’s usually quite a bit of preparation the rest of the year for those few months of crazy business. Some businesses are just slow certain times of the year, but you still have to be there open for business.
Seasonal businesses do have their draw backs, one of the biggest drawbacks is cash flow. It [...]
Post from: EveryJoe
Small Business False Starts
Have you ever thought of starting your own small business but never quite got it off the ground? Many small businesses don’t even make it off the drawing board. They may look good on paper, but for some reason or another aren’t practical in the real world.
Are you someone who’s got a great idea for a small business? Maybe you’ve thoght of a new product, or a new way of doing things, or cutting edge technology? Will you be able to get it off the ground, or will it be just an idea in your head?
How can you get your [...]
Post from: EveryJoe
Blogger Sean Kelly Moves to FranBest.Com
FranchisePick.com was launched in November, 2006, as one of original blogs in the newly-formed b5 media business channel (later renamed bizzia.com). I was one of the original b5 Business Channel bloggers, the only one of the 16 to be active on the bizzia channel up until today.
Since that time, I have published 1011 blog posts that generated 12,752 comments, often on controversial franchise topics and companies.
I recently received notice from b5 that, after tomorrow, Franchise Pick will no longer be published as a stand-alone blog, and that the Bizzia channel is being assimilated into the EveryDayJoe.com [...]
Post from: Franchise Pick
