Learn what you can do to be successful in your business, even in a recession

Learn What You Can Do to Be Successful in Your Business, Even in a Recession!

News reports contain plenty of bad news about the economy that can make an entrepreneur fear that it is not possible to be successful during a severe recession. Utilizing the right tools and mindset, it is very possible to be successful. Here are some things other profitable companies have done to grow profits during economic downturns.

Turn off the news and think about this: Customers will still spend money in a recession; they just become more selective on where to spend their dollars. They look for what appears to be a better deal, whether it is better pricing, better customer service, a special add-on, easier sales process, and more.

Even during the Great Depression (that began in 1929), consumers were still spending. Companies that survived, and even thrived, got creative and took action. Here are just a few examples from that time period:

* Kellogg and Post were once pretty close competitors until the Great Depression. Kellogg came out swinging, with heavy marketing; Post took the no-growth strategy — thinking they needed to save money and not spend it. Kellogg overtook Post, and Post has never caught up.

A similar situation occurred with Chevrolet and Ford. Chevrolet increased their marketing and had a large market lead over Ford for many years.

* Proctor and Gamble began a huge branding campaign by being the first company to sponsor radio soap operas, which was a significant form of entertainment and relaxation for listeners. Their name became a household word and remains so today.

* Bixler Jewelers, credited as the oldest jeweler in America, saw a drop in customer traffic and decided to open a free lending library in the store. This creative service addition brought more people into their store, and also kept their current customers coming back. In time, sales began to increase. Bixler Jewelers survived the Depression and are in existence today.

* A.E. Schmidt was a billiard table manufacturer when the Depression hit. They diversified and sold janitorial supplies to restaurants. They also sought new markets for their billiard tables, approaching the US government about the need to provide inexpensive and positive activities for those in government work camps during the long, boring evenings when they weren’t working ? and billiards became one of the top activities at those camps.

* Cornell Iron Works was a specialty ironworks provider. In the Depression, they broadened their market so that they not only made specialty railings, grates and stairways; they also made plain metal siding for delivery trucks and security doors.

Some entrepreneurs saw opportunities that others didn?t see during the Depression, and took them.

* Warren Buffet?s father, Howard, noticed that many brokerages had closed or were not taking new customers, yet there were still some people who wanted to invest in stocks, so he opened a brokerage.

* Walt Disney knew people still wanted entertainment, and provided it at a low cost through animated cartoons.

* Ever hear of Monopoly? The rise of this game occurred as another form of cheap entertainment. A small investment for the Monopoly game became a way to see hope in the future, and as players developed their money making skills, they could pretend they were real estate barons.

There have been severe recessions since the Great Depression ended, and during each one, new and existing businesses were built to great levels of success.

Two companies that began business in a recession are Domino’s Pizza and Toys R Us. They thrived by using new marketing models. Domino’s Pizza created a marketing campaign that no other pizza company had: if they didn’t deliver the pizza within 30 minutes, the customer did not have to pay for it. Toys R Us transferred the warehouse store concept to selling toys — a first for that niche.

A very short list of some other companies that started business during economic downturns include: Wrigley Gum, UPS, NewEgg, Super 8 Motel, Microsoft, Symantec, Nantucket Juice, Zippo Lighters and Hewlett Packard. These companies are giants, and are well-known by multitudes!

What are the main keys to success in these examples?

1. GET CREATIVE with marketing, business models, product diversification and positioning, and,

2. SEEK the opportunities that others do not see, and,

3. TAKE ACTION, because of, and in spite of, the economic news.

Don’t get caught up in the fear that is being propagated on the news channels. Instead, focus on what you can do to create you success, regardless of the current economy.

Kpx fine chemical co

KPX FINE CHEMICAL CO.,LTD (25850) — Financial and Strategic Analysis Review — Aarkstore Enterprise

KPX FINE CHEMICAL CO.,LTD (25850) — Financial and Strategic Analysis Review
KPX FINE CHEMICAL CO.,LTD (KPX) is a Korean based chemical company which is engaged in the production of toluene diisocyanates (TDIs). The various TDIs offered by the company are used in flexible foams, footwear, furniture, automobiles, toys, and mattresses, as well as in automotive interiors. The company’s TDIs are also used in polyurethane paints, which includes paints for automobiles, building and construction, boats, and furniture; and synthetic leather, such as luggage, footwear, handbag, and sports equipment, as well as in adhesives, flooring, and waterproofing.
This comprehensive SWOT profile of KPX FINE CHEMICAL CO.,LTD provides you an in-depth strategic analysis of the company’s businesses and operations. The profile has been compiled to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
This company report forms part of the ‘Profile on Demand’ service, covering over 50,000 of the world’s leading companies. Once purchased, the highly qualified team of company analysts will comprehensively research and author a full financial and strategic analysis of KPX FINE CHEMICAL CO.,LTD, including a detailed SWOT analysis, and deliver this direct to you in pdf format within two business days (excluding weekends).
The profile contains critical company information including*,
— Business description – A detailed description of the company’s operations and business divisions.
— Corporate strategy – Analyst’s summarization of the company’s business strategy.
— SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
— Company history – Progression of key events associated with the company.
— Major products and services – A list of major products, services and brands of the company.
— Key competitors – A list of key competitors to the company.
— Key employees – A list of the key executives of the company.
— Executive biographies – A brief summary of the executives’ employment history.
— Key operational heads – A list of personnel heading key departments/functions.
— Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
— Key manufacturing facilities – A list of key manufacturing facilities of the company.
— Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
— Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.
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How to find a business wholesale supplier online

How to Find a Business Wholesale Supplier Online

If you are trying to get yourself set up with a wholesale supplier, this can be quite an interesting process, especially if you are a newbie at this. The plain and simple truth is that some of the more technical material, tools and hardware are only available through a wholesale supplier. This is because of the fact that most retailers shy away from carrying inventory that is too specialized or that seem to be beyond the average consumer’s comprehension.

When you think of wholesale, what comes to your mind? The first thing that pops into your head is that they are cheaper than retailers. Today that is not always true especially since the big dog warehouse mega stores came onto the scene. When these two entities start a slug fest, it can really work to your financial advantage. For your part, you just have to be vigilant at shopping around for the best deals.

Establishing credibility: It may be tough to try to establish credibility with some suppliers who are in the wholesale business. What you really need to do is to open a business checking account with a wholesale supplier. If you do not have an account, but pay with a company check, you are as good as in! You may even be in for a discount.

Where to look: Some of the time you may find wholesale suppliers by word of mouth, and at other times nothing beats the good ole Yellow Pages. Another very viable source that can be invaluable is the Internet. Now that you have it narrowed down as to where to look, you must then decide what kind of wholesale supplier you are looking for.

What am I Looking For: You first have to know what you are looking for in relation to products before you zero in on a specific wholesale supplier. Are you looking for clothing, accessories such as handbags, hats, scarves, belts sunglasses and the like, jewelry such as earrings, watches, rings, bracelets and diamonds, electronics such as cell phones, MP3 players, video games, DVDs, digital cameras, and car audio, gifts such as figurines, gift basket supplies, candles, baby gifts, gift boxes and gift bags, toys and collectibles such as baby toys, novelties, dolls, Christmas ornaments and games.

You may also want to be supplied with furniture and home decor such as housewares, clocks, curtains, furniture, kitchenware, towels and pottery or general merchandise such as dollar store bargains, closeouts, convenience store bargains, overstock, party supplies and books. Perhaps you already own a beauty shop and are looking for more bargains for your displays such as fragrances, skin care, bath products, beauty supplies, cosmetics and aromatherapy.

No matter what business you are in or what business you think you might like to try, there is bound to be a wholesale supplier who is able to meet your needs. An Internet search will bring you in contact with many of these suppliers. Then your business will be able to beat the cost of high prices and realize more profit.

How can getting in control

How can Getting in Control!

In a world where «too much to do and too little time» is a common mantra, there’s a sense that everyone and everything has more control over our day than we do. While we might be at the beck and call of clients, there are still areas where the culprit is none other than ourselves. Using the word «control» as an acronym, let me suggest ways in which we can begin to gain some relief from self-induced pressure.

Can the clutter. Do you walk into your office and instantly feel a sense that you could get buried in all that mess? Papers are piled on the desk, on the floor, and in tiered boxes. Note that if this is your natural style of organization, you’d feel pressure by having items out of sight! But if you’re like a great majority of people, clutter only adds to the time spent in finding what you need. Do you use everything that you have on display? Can you find items when you need them? If you’ve answered «no,» proceed to the next recommendation.

Out with excess paper. Examine what surrounds you. What can you throw out, give out, leave out? If you are months behind in journals and other publications, scan the table of contents and keep only those items, which you KNOW you’ll need. Throw the rest away.

No, not, never, not now. Say it. Practice it. We frequently nod our heads «yes» like a wind-up toy because of guilt, fear, or a sense that obligation. Ask yourself, why do you say «yes». Perhaps even a «not now» would suffice. I am convinced that if we do not put limits on our time, it will vanish with our unknowing permission.

Talk up. To curtail long conversations or meeting, learn these sentences. «I would like to be able to talk with you but I have another engagement. Can you please tell me your request (situation, concern, etc.) in 25 words or less?» First, you won’t be lying with your opening statement. You will always have another engagement — even if it’s with the report in your computer. Second, you have indicated a willingness to respond. You have merely put a concise cast to the conversation. It’s amazing how «25 words or less» can increase the speed and fluency of conversation. As a variation on this theme, you can also curtail a drawn-out conversation with this question: «How would you like this conversation to end?»

Read only what matters. And what matters concerns your business, your future, your soul.

Operate early. This can mean everything from getting up early to doing things early. If you pack for a trip, don’t wait until the last minute. Prepare, in advance, your suitcase, your briefcase. The only things that need to be added are last minute items. Create artificial deadlines, which are in advance of the true deadline. You’ll always feel more in control.

Lighten up. Perfect isn’t always perfect. Look for and relish the unexpected. There is serendipity when we allow ourselves to surrender to events and times over which we have no control. The weather-hold that keeps my plane grounded allows me to complete a piece of writing I could not have finished. The shop which closes just as soon as I approach the door lets me walk down the street and find other stores which I had never noticed before.

Getting in control is ultimately about getting clear on our work habits, our priorities, and our values.

If you are an overworked executive, an entrepreneur, a stressed-out employee who knows there’s more to life than receiving a paycheck, then this book is for you.

Here is step-by-step supportive advice—based on the experience of real people who have made advantageous career choices—that will enable you to find and maintain a pro-active balance in your life and occupation.

Did you find this article useful? For more useful tips and hints, points to ponder and keep in mind, techniques, and insights pertaining to Internet Business, do please browse for more information at our websites.
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Indian handicrafts exporters an exquisite collection

Indian Handicrafts Exporters An Exquisite Collection!

The largest segments of the Indian Economy is the textile industry. India is known for its handicrafts, bed covers, cushion cover, bed spread, decorative and hand embroidered table cloths and door mats and carpets are quite popular ones. People from across the world, buy textiles online such as embroidered bed cover, bed sheets, table cloths from Indian handicraft suppliers. These handicrafts are shipped world wide as they are in great demand across the world. Handicraft exporter show cases the handicraft products designed by local handicrafts makers and they and their products get popular this way. The exporter arranges for a quick delivery services. Thus these craftsmen get global recognition due to the exporter.

Home furnishings, jewellery, decorative items, table accessories, antique armoury, paintings, garden accessories, furniture, nautical instruments, garments, toys and dolls, home products and antiques, decorative lightings, kitchen ware and timers, clock etc. and the list is endless, you can find a volley of antique crafts and embroidered articles online. If you are a handicraft lover, then, you should look at the online range of Indian embroidered and hand made products.

Customer trends and needs vary. In order to boost the handicraft industry, exporters are constantly updating their products according to customer’s demands. And keeping the customer’s interest going, they always create some thing new every time, you click online to purchase.

The exporters of handicrafts are constantly updating their products according to customer trends to increase sales and boost the popularity of their hand woven products in the overseas domain. The enriched repertoire of Indian handicrafts has many miles to go and the handicrafts exporters can help considerably to walk down the miles.

Pottery made out of ceramic and clay can have beautiful designs carved on them. Such hand carved work is in great demand in America, Europe, West Asian countries. Other handicrafts include items made up of glass and ceramics, marble and stone crafts, jewelleries, terracotta products and leather crafts, earthenware, woodwork, sculpting, scarves, shawls, textiles, embroidered and knitted goods, zari items.

Online Searchable List of Indian Importers and Indian Importers offer you all the information you are looking out for right from your jewellery to decorative handicrafts etc. Searching it over the internet offers you a greater choice of products across various countries offering information about business to business marketplace for importers & exporters, manufacturers and suppliers. What ever you are looking out for, you can find it easily.