<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Micros Report &#187; Business</title>
	<atom:link href="http://www.microsreport.com/category/business/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.microsreport.com</link>
	<description>Proven Business Strategies and Proven Business Guide</description>
	<lastBuildDate>Wed, 21 Jul 2010 13:53:39 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0</generator>
		<item>
		<title>Opening a Wholesale Food Business</title>
		<link>http://www.microsreport.com/business/opening-a-wholesale-food-business/</link>
		<comments>http://www.microsreport.com/business/opening-a-wholesale-food-business/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 13:40:22 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Food]]></category>
		<category><![CDATA[Wholesale]]></category>

		<guid isPermaLink="false">http://www.microsreport.com/?p=401</guid>
		<description><![CDATA[People who love gourmet food are always interested in sharing their knowledge and the most interesting and rewarding way to do this is to open a wholesale food business and invite friend and relatives to come and sample some on the first day of business. The best way to do it is to avoid imploring [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">People who love gourmet food are always interested in sharing their  knowledge and the most interesting and rewarding way to do this is to  open a wholesale food business and invite friend and relatives to come  and sample some on the first day of business.</p>
<p style="text-align: justify;">The best way to do  it is to avoid imploring them to buy even if your food is very good.  Just relax and let them taste the different types of dishes freely in  order to get them interested. This is a clever way of catching customers  and retaining them; for after enjoying the food free of charge, they  will surely feel like coming back for more.</p>
<p style="text-align: justify;">Another way to get as  many people as possible to sample your best dishes and create interest  is by volunteering to feed people at a school function. This time you  will need to display a number of different gourmet food items that can  catch attention.</p>
<p style="text-align: justify;">After succeeding with this, the next thing will  be to accept invitations to host small parties like birthdays or house  events. Within in no time at all, you will see many people beginning to  show greater interest and these will help to set up a good clientele for  you.</p>
<p style="text-align: justify;">Anytime you get an invitation to attend a dinner party,  offer to bring something along. Very soon you will find that you have  built a good list of wholesale gourmet choices that can fascinate your  friends.</p>
<p style="text-align: justify;"><span id="more-401"></span>Many will notice and they will begin to be excited at the  selfless contribution you are making and observe how tasty they are. It  will be your chance to make a discreet offer. If you can succeed to be  bringing some extra popular dishes most of the time, it will really  improve your chances of making sales.</p>
<p style="text-align: justify;">Another wonderful way of  promoting what you do will be to join some community events to help you  increase your circle of friends or if you like, customers. It might just  be offering to run a booth at a fundraiser, either for a school, church  or a community center. It will help to showcase your best food items.</p>
<p style="text-align: justify;">Remember  not to waste food even if you want people to familiarize so much with  your dishes, but use modest portions that you can afford to give them at  reasonable prices in order to cover your costs. These will eventually  be made up for in the future when the business begins to pick up.</p>
<script type="text/javascript" class="owbutton" src="http://onlywire.com/btn/button_3793" title="Opening a Wholesale Food Business" url="http://www.microsreport.com/business/opening-a-wholesale-food-business/"></script>]]></content:encoded>
			<wfw:commentRss>http://www.microsreport.com/business/opening-a-wholesale-food-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ten Mistakes in Making Acquisitions</title>
		<link>http://www.microsreport.com/business/ten-mistakes-in-making-acquisitions/</link>
		<comments>http://www.microsreport.com/business/ten-mistakes-in-making-acquisitions/#comments</comments>
		<pubDate>Sun, 09 May 2010 15:12:17 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Buy]]></category>
		<category><![CDATA[Mistake]]></category>
		<category><![CDATA[Sell]]></category>

		<guid isPermaLink="false">http://www.microsreport.com/?p=360</guid>
		<description><![CDATA[1. Speculating about a seller&#8217;s motives At the end of the day, you will never know why or when a seller will decide to sell their business. You shouldn&#8217;t care why or when &#8211; what matters is that you want to be on that shortlist of potential buyers when the sale comes. Even if an [...]]]></description>
			<content:encoded><![CDATA[<div id="body" style="text-align: justify;">
<p>1. Speculating about a seller&#8217;s motives<br />
At the end of the day, you will never know why or when a seller will  decide to sell their business. You shouldn&#8217;t care why or when &#8211; what  matters is that you want to be on that shortlist of potential buyers  when the sale comes. Even if an ideal prospect was not interested, says,  six months ago, there is still the possibility that he or she may  change their mind. Keep in close contact so that they will remember you  when they are about to sell again.</p>
<p>2. Failing to remember that  buying is selling<br />
Not every company is sold to the highest bidder. Most sellers are  concerned with the nature of the &#8220;fit&#8221; and the way they perceive that  they and their employees will be treated following the sale. Compare it  to the first few dates in a relationship. If you aren&#8217;t nice, courteous  and respectful during the early stages, then why would your partner  think about getting married one day?</p>
<p>3. Not using experienced  professional advisers<br />
For the first few acquisitions, it is wise to use qualified  advisers. Naïve buyers and sellers frequently make mistakes, and  mistakes can prove more costly than if they were to hire a professional  adviser. Some buyers think that a failed acquisition effort is not worth  paying for. Sometimes, though, you make more money by not doing a deal.  The aim is to do a right deal at a right price for you. What your  adviser can do is to keep you up-to-date about what competitor buyers  are doing, both from direct experience and research. Their knowledge of  the market can prove invaluable in helping you to bring an acquisition  successfully to a close.</p>
<p>4. Discussing price without having an  objective, underlying pricing rationale<br />
Sellers who are offered four times the earnings before interest and  taxes may be offended. If the difference can be explained by a severe  working capital deficit, be able to demonstrate that your offer is  really six and a half times this, less the necessary adjustment for the  working capital you will need to inject into the company. Have the  ability to articulate your valuation rationale and negotiate from it  rather than adopt a &#8220;Higher!&#8221; or &#8220;Lower!&#8221; approach.</p>
<p><span id="more-360"></span>5. Being  inflexible regarding the structure of a deal<br />
Sellers generally prefer to sell stock, while buyers often prefer to  acquire assets and take on known liabilities. The structure, however,  often has pricing implications, so you must be prepared to offer  alternative structures at differing prices. Articulate the rationale for  pricing differences.</p>
<p>6. Trying to cut out a seller&#8217;s adviser(s)  and deal directly<br />
The seller who has professional representation has that for a  reason. Deal with the owner(s) on important issues and deal through  intermediaries. More often than not, your efforts will be regarded as an  attempt to take advantage of the owner. The advisers are getting paid  for their work, so let them get on with it.<br />
And don&#8217;t be afraid to include the seller&#8217;s investment banking  expenses in your offer payment. It is a psychological &#8216;win&#8217; for both the  seller and yourself &#8211; if you remember that it is part of your purchase  price.</p>
<p>7. Promising that &#8220;nothing will change&#8221;<br />
Both you and the seller know that things must change after the  acquisition. Discuss what changes need to be made with all parties  involved.</p>
<p>8. Failing to conduct proper due diligence during  appropriate periods<br />
Ask all of your questions in an objective fashion before you agree  to the acquisition. Due diligence is not only legal and financial in  nature, but also operational. Keep in mind that the cost of the  surprises following the acquisition are adverse to the buyer. Pinpoint  the impact of the most likely post-deal surprises in the final  agreement, but also remember that no rational seller will endure an  infinite &#8216;tail&#8217; on adjustments. Ensure that you reach a balance between  an acknowledgment of any potential risks and your ultimate goal.</p>
<p>9.  Not willing to walk away<br />
Some deals are probably left better off undone, even if you have  invested a lot of time, effort and money. The biggest pricing mistakes  and errors in judgment in negotiation occur when buyers are &#8220;overcome by  the deal&#8221;. It is every seller&#8217;s dream to find an irrational buyer. So  don&#8217;t become one.</p>
<p>10. Perceiving the deal as done<br />
Remember that the close of the deal is also the beginning. It&#8217;s like  a marriage. There are two parts in a marriage: the having and the  holding. When you have settled the acquisition, you still need to hold  it &#8211; by integrating it within your organisation financially,  operationally and in terms of management and leadership. Don&#8217;t make the  mistake of thinking the deal is done at the point of closing.</p>
</div>
<script type="text/javascript" class="owbutton" src="http://onlywire.com/btn/button_3793" title="Ten Mistakes in Making Acquisitions" url="http://www.microsreport.com/business/ten-mistakes-in-making-acquisitions/"></script>]]></content:encoded>
			<wfw:commentRss>http://www.microsreport.com/business/ten-mistakes-in-making-acquisitions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Expand Your Business through Internet</title>
		<link>http://www.microsreport.com/business/expand-your-business-through-internet/</link>
		<comments>http://www.microsreport.com/business/expand-your-business-through-internet/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 15:23:58 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Online]]></category>

		<guid isPermaLink="false">http://www.microsreport.com/business/expand-your-business-through-internet/</guid>
		<description><![CDATA[Today, we can have easy communication tools in this world. Through the use of internet, we can be connected to the global society. This will be very beneficial for marketing and advertisement sites. Through the easiest and fast information delivery, many people then try to start their business in virtual world. There one people named [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Today, we can have easy communication tools in this world. Through the use of  internet, we can be connected to the global society. This will be very beneficial  for marketing and advertisement sites. Through the easiest and fast  information delivery, many people then try to start their business in virtual world.</p>
<p style="text-align: justify;">There one people named Markus McCool that can get success in IT business. He  started his career from computer trading. After having enough capital, he  established Cyber Wize in 1999 and worked as the CEO. This company is really helpful to  gain and expand your business using internet facility. The aims this web is to  help people get easy access and services for Independent Business. This web  also opens opportunity for online businessmen to improve their company. You can see Mark McCool&#8217;s page in LinkedIn to introduce your  business and professionalism through worldwide citizens. This networking system has more than 150 industries from over 200 countries  in this world today.</p>
<p style="text-align: justify;">To be as successful as  mark McCool you can get closer to him by following his Twitter or FACEBOOK. Learning more  about <a href="http://www.npros.com/dir/cyberwize/" target="_blank">Mark McCool  Business Information</a> will inspire your business and give you new idea to use internet properly to develop  your company.</p>
<script type="text/javascript" class="owbutton" src="http://onlywire.com/btn/button_3793" title="Expand Your Business through Internet" url="http://www.microsreport.com/business/expand-your-business-through-internet/"></script>]]></content:encoded>
			<wfw:commentRss>http://www.microsreport.com/business/expand-your-business-through-internet/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Success with Online Business</title>
		<link>http://www.microsreport.com/business/success-with-online-business/</link>
		<comments>http://www.microsreport.com/business/success-with-online-business/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 15:09:06 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Online]]></category>

		<guid isPermaLink="false">http://www.microsreport.com/?p=344</guid>
		<description><![CDATA[In this modern era, small business is a good choice to earn more money. Having a small business means that you should use any and all marketing tools at their disposal. Many businesses will turn into SEO services to reach the untapped clients pools to extend the market influence too. Today, most businessuses their website [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><span style="font-size: x-small;">In this modern era,  small business is a good choice to earn more money. Having a small  business means that you should use any and all marketing tools at their  disposal. Many businesses will turn into SEO services to reach the untapped clients pools to extend the market influence too. Today, most businessuses their  website to find the traffic as well as cultivate a loyal client  following.  A website is an important tool to expand the business and get more potential customers. Promoting products and services in the website is effective since it can be accessed by all people in the world.<br />
</span></p>
<p style="text-align: justify;"><span style="font-size: x-small;"><br />
</span></p>
<p style="text-align: justify;"><span style="font-size: x-small;">Today, there are so  many options to create an  online business by using ecommerce technology. It helps people to earn  money by providing service around the world within 24 hours every day using the right product with the high quality service. A perfect online business needs a lot of experiments. Direct sale is the best experienceto be implemented in online market. Those with experience in  product marketing can take advantage of the experience in the online  market. Meanwhile, if you want to expand your career business, you  should build your network. Some of the online business use social  networks like Linkin and Myspace. You should build your social network  in order to make your product or services well known.<br />
</span></p>
<p style="text-align: justify;"><span style="font-size: x-small;"><br />
</span></p>
<p style="text-align: justify;"><span style="font-size: x-small;">You can <a href="http://www.linkedin.com/pub/dir/Mark/Mccool/" target="_blank"><span style="text-decoration: underline;">visit Mark McCool&#8217;s LinkedIn page</span></a> to see the business experience of Mark McCool. He has long experience  marketing that becomes the main factor in achieving his success in the  online business. He has reach success by expanding his business in the social network. When you join a social networking site, you will find people with the similar interest and category. It enables you to easily promote your products and services. You might also get invitations from the social gathering that means a good opportunity to expand your own business.</span></p>
<script type="text/javascript" class="owbutton" src="http://onlywire.com/btn/button_3793" title="Success with Online Business" url="http://www.microsreport.com/business/success-with-online-business/"></script>]]></content:encoded>
			<wfw:commentRss>http://www.microsreport.com/business/success-with-online-business/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Conference Call, Great Facility to Help Business</title>
		<link>http://www.microsreport.com/business/conference-call-great-facility-to-help-business/</link>
		<comments>http://www.microsreport.com/business/conference-call-great-facility-to-help-business/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 11:52:03 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Conference Call]]></category>
		<category><![CDATA[Office]]></category>

		<guid isPermaLink="false">http://www.microsreport.com/?p=323</guid>
		<description><![CDATA[Yesterday a potential client was adament that I had to travel to a weekly catch-up meeting every week. So much so that he put it into the proposed contract. Meetings are essential for my business. But, sometimes I find getting to meetings impossible. So I use conference calls. Numerous conference call companies are available and [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Yesterday a potential client was adament that I had to travel to a weekly catch-up meeting every week. So much so that he put it into the proposed contract. Meetings are essential for my business. But, sometimes I find getting to meetings impossible. So I use <a href="http://www.powwownow.co.uk/Uk-Conference-Calls/">conference calls</a>.</p>
<p style="text-align: justify;">Numerous conference call companies are available and the price of the service continues to decrease. You don&#8217;t have to reserve meeting rooms or restaurant reservations. Obviously there is no need to travel so that is a significant cost saving. Conference call systems are cheap, as the bill will not be much more than a normal telephone call. So taking all that into account you can save a lot of money and to be honest I&#8217;ve travelled extensively throughout my career and I&#8217;m getting to the stage where I detest having to travel for meetings.</p>
<p style="text-align: justify;">I know I&#8217;m not breaking any boundaries by extolling the virtues of <a href="http://www.powwownow.co.uk/Conference-Calling/">conference calling</a>. But I really couldn&#8217;t live without them so I thought I&#8217;d post something here.</p>
<script type="text/javascript" class="owbutton" src="http://onlywire.com/btn/button_3793" title="Conference Call, Great Facility to Help Business" url="http://www.microsreport.com/business/conference-call-great-facility-to-help-business/"></script>]]></content:encoded>
			<wfw:commentRss>http://www.microsreport.com/business/conference-call-great-facility-to-help-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
