Friday, November 30, 2018

125 individual businesses registered on business portal - Business Recorder

The one-day awareness campaign jointly conducted by the Labour Department of Punjab and the Punjab Information Technology Board (PITB) at historical Anarkali Bazar attracted a large number of business community and registered as many as 125 individual businesses on Business Portal here Tuesday. Shop owners were given registration certificates at the spot while the registration certificates were sent to their registered email.

Earlier, the registration of businesses was time consuming, cumbersome, involving various offices and used to takes days for completion, however, in order to facilitate the business community and to ensure ease for doing the business, PITB developed online business portal, which registers the business (Shops and Establishments) to walk in and register them through online business registration portal (https://ift.tt/2U7Mwng) in hours and eliminates the chances of any corruption or bribe by the respective officials.

One can get registration notifications through SMS and email under this business portal while the business community can now register their businesses 24/7 while being at home or from anywhere to get the required certificates. "The Government of Punjab in collaboration with the World Bank to improve the doing business index took various initiatives for implementation of transparent and effective policies to regulate the processes using Information and Communication Technologies (ICT). Apart from various other initiatives, one of the key initiatives was to launch a Business Registration Portal (https://ift.tt/2AEuRdW). It may be recalled that Registration with Labor Department is mandatory under the "Pakistan Shops and Establishment Ordinance, 1969" or "Factories Act, 1934".

Copyright Business Recorder, 2018


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Business News in Brief - Arkansas Democrat-Gazette

Bayer cutting 12,000 jobs worldwide

BERLIN -- German pharmaceutical giant Bayer AG said it's cutting 12,000 jobs worldwide as it seeks to reduce costs.

The Leverkusen-based company said Thursday that details of the cuts to its 118,200-strong workforce would be worked out in coming months but that "a significant number" of the reductions would come in Germany.

Bayer acquired U.S. seed and weedkiller maker Monsanto Co. this year. It says that with the "synergies expected from the acquisition of Monsanto" and other efficiency and structural measures, including the job cuts, "Bayer anticipates annual contributions of 2.6 billion euros [more than $2.9 billion] from 2022 on."

The company says a portion of the funds will be used to strengthen competitiveness and innovation in its divisions.

-- The Associated Press

Ex-miners press U.S. for black lung aid

LOUISVILLE, Ky. -- Former Appalachian coal miners and supporters are in Washington this week to urge lawmakers to extend a tax that benefits miners sick with black lung disease.

The excise tax paid by coal companies funds the Black Lung Disability Trust Fund, but if Congress doesn't act the tax will decrease by about 55 percent at the end of the year.

Calling it a matter of life and death, supporters said the fund could be halved without the extension.

Kenny Fleming recalls working in an eastern Kentucky mine owned by Massey Energy that had dust so thick you "couldn't see your hand in front of your face." Fleming, 59, had to retire early from coal mining when he got sick with black lung.

House Republicans inserted a one-year extension for the tax into a tax bill released this week.

The fund supplies benefits and a medical expense card to black lung sufferers and dependents when a coal company appeals the miner's black lung benefits award or when the company goes bankrupt, freeing it from paying black lung benefits. A federal report said the trust fund paid about $184 million in benefits to more than 25,000 coal miners and dependents in 2017.

-- The Associated Press

No. 2 GM exec to run robot car division

SAN FRANCISCO -- General Motors' No. 2 executive is moving from Detroit to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation.

GM President Dan Ammann will become CEO of the company's Cruise Automation subsidiary at the beginning of next year. He will replace Cruise co-founder Kyle Vogt, who will become chief technology officer.

The transition announced Thursday comes as Cruise gears up to introduce a ride-hailing service deploying its driverless technology in GM's Chevy Bolt next year. The service is supposed to debut at some point next year in a major U.S. city, with Cruise's home city of San Francisco considered to be among the top candidates.

Cruise and GM have steadfastly declined to provide further details about the ride-hailing service, which is expected to be the second in the U.S. to rely on fully autonomous vehicles that won't have a human behind the steering wheel to take control if the technology goes awry. Google spinoff Waymo has promised to launch a ride-hailing service with driverless vans in the Phoenix area within the next few weeks.

GM's decision to put one of its top executives in charge of Cruise provides further validation of a 5-year-old startup that has ballooned from 40 workers to more than 1,000 employees since the Detroit automaker bought it for $1 billion in 2016.

-- The Associated Press

Madoff's victims to get another $695M

Thousands of victims of Bernard Madoff's Ponzi scheme are due to get checks totaling $695 million from a U.S. Justice Department fund created through settlements with some of the con man's oldest customers and his bank, JPMorgan Chase & Co.

The payout, to 27,000 victims worldwide, is the third distribution from the $4 billion fund, the department said Thursday in a statement. The government-led recovery is separate from a $13.3 billion fund overseen by a trustee who has been liquidating Madoff's firm in court for the past 10 years to compensate people he duped.

Madoff's investors lost a total of $19 billion in principal and more than $40 billion in fake profit when his securities firm collapsed in December 2008. Federal prosecutors called it the biggest Ponzi scheme in history. Madoff, 80, was sentenced to 150 years behind bars after pleading guilty in 2009.

-- Bloomberg News

Three carmakers reaffirm partnership

Renault, Nissan and Mitsubishi sought to reassure investors their automaking partnership was secure as executives met jointly for the first time since the the arrest of alliance Chairman Carlos Ghosn.

"Unanimously and with conviction, the boards of Groupe Renault, Nissan Motor Co. and Mitsubishi Motors Corp. have reaffirmed over the past days their deep commitment to the alliance," the companies said Thursday in a statement after a meeting in Amsterdam.

Ghosn's arrest in Japan this month on allegations of financial improprieties removed a leader who enforced over two decades a structure that favored Renault and kept a lid on differences with its main partner, Nissan. The joint statement, while thin on detail, was meant to reassure investors that their collaboration would continue, as divisions bubbled to the surface.

The CEOs of the three companies sent a similarly worded letter to employees, attempting to dampen fears of divisions between France and Japan, and to minimize the impact of Ghosn's departure.

-- Bloomberg News

Big Mouth Billy Bass lip-syncs to Alexa

DALLAS -- Kitsch and high-tech are linking up just in time for Christmas.

Big Mouth Billy Bass is programmed to respond to Alexa voice commands through a compatible Amazon Echo device. That means the singing and talking fish will lip-sync to Alexa's responses and will dance to songs from Amazon music. When it's first plugged in, it will respond "Woo-hoo, that feels good!"

Gemmy Industries product development vice president Steven Harris says "this is not your father's Big Mouth Billy Bass." But like the original, it includes the song "Fishin' Time" and can be mounted on the wall or on an easel.

Big Mouth Billy Bass was first sold in 1999. A developer first connected it to Alexa in 2016.

The new version will be released Saturday for $39.99.

-- The Associated Press

Business on 11/30/2018



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Business News Round Up - Nov. 30 - Water & Wastes Digest

Editor's Note: Each week, Water & Wastes Digest will post an aggregate of business news briefs and networking news items to keep you informed on facility openings, business mergers and purchases, changes in personnel and award notifications, among others in the water and wastewater treatment industries. If you have business news briefs you would like included in this weekly round up, please email the press release, photo and a link to the post on your website to [email protected] with the subject line "Business News Round Up." One news item per company per week will be posted.

Aerzen USA Opens Atlanta, Ga. Office

Aerzen USA celebrated the launch of a new facility with an open house event for the Aerzen Atlanta location. The event was attended by many Aerzen employees from around the country, as well as local customers, vendors and representatives. The new facility is designed provide better service to customers in the south-east region of the United States.  The building houses a regional sales office, rental equipment and service depot.

“This facility is strategically located in Atlanta to ensure our closeness to customers in the region and provide rental equipment throughout the country. We are growing and expanding into many industries. This facility compliments the expansion at our Coatesville headquarters and Houston office in working towards our vision for complete national coverage for Aerzen,” said Tony Morris, Aerzen USA.

AUC Group, L.P. Announces Acquisition

AUC Group, L.P. announced it has been acquired by AquaVenture Holdings Limited. The acquisition will enable AUC to better serve the needs of its customers.

AUC provides equipment design, manufacturing and installation of both field-erected and flexible, modular wastewater treatment plants that are designed to expand as needs arise. In addition, AUC offers a lease plant program as an alternative financing option that significantly reduces the upfront capital burden for customers.

The Energy Innovation Centre Announce Partnerships

The Energy Innovation Centre (EIC) is delighted to announce two new partnerships with Anglian Water and Yorkshire Water. The partnerships will accelerate the delivery of innovative projects and provide both companies with unrivaled support in their commitment to creating long-term value for their customers, respective regional economies and the communities they serve.

“We are excited to be collaborating with these forward-thinking organizations who are equally committed to creating a sustainable and resilient water system.  Our global network of innovators will bring huge value to the operations of both companies with their specialist skills and ability to think outside of the box, and our expert team have already begun work on finding innovative solutions for both Anglian and Yorkshire Water,” said Matthieu Michel, EIC’s OPerations Director.

Tank Holding Acquires Bushman Water Tank Line

Tank Holding Corp. has acquired Bushman USA’s water tank product line, and all the related assets, from Channell Commercial Corp. effective Nov. 20.

Bushman is similar to Tank Holding in that they use the rotational molding process to manufacture most of their products, but their market focus is primarily rainwater harvesting solutions for residential, commercial, and municipal applications. Channell launched the Bushman product line in 2009, and quickly established it as the industry leader in rainwater harvesting.

Grundfos WaterPRO Championship Competition

Grundfos will find out who has the guts and let them take home the glory – and $10,000 – at the National Groundwater Association’s Groundwater Week (NGWA) on Dec. 5 at booths #557 and 657.

Groundwater Week marks the culmination of a year-long WaterPRO Championship competition, which put well water contractors to the test at 75 qualifying events across the country. Tasked with putting together a Grundfos SP pump end, participants competed to see who could meet the challenge in the fastest time. Local winners were declared at the events, and those with the 12 fastest times overall have been invited to participate in the semi-finals at NGWA.

Keysino Modern Water Awarded

In China, Modern Water has been awarded the Global Partner in Clean Technology Award for its successful international cooperation with Hangzhou Shangtuo Environmental Technology Co., LTD.

This new award follows Modern Water’s recently announced joint venture with Hangzhou Shangtuo (trading as Sunup), which has activated the promotion of Modern Water's innovative and proprietary brine concentration technology (AMBC) throughout China.

Keysino Modern Water Award

Siemens Supports OPC Foundation Initiative

Siemens welcomes the initiative previously published by the OPC Foundation to further enable OPC UA adoption throughout industrial automation by extending standardization and harmonization activities for OPC UA, including TSN-enabled Ethernet networks at the field level. Siemens is a strong supporter of the OPC UA technology and has been active in core standardization working groups for many years.

Siemens has experience and a long history in the development and standardization of industrial communication systems. Siemens is participating in all relevant standardization bodies like IEEE, IEC, IETF, PI, OPC F, and many more not only as editor but also even as the convener and lead of the whole working group.

OWC Partners With Charity

OWC announced they are continuing to bring water to those in need by partnering with charity: water this #GivingTuesday and holiday season., OWC will donate $25,000 to charity: water and will match dollar for dollar raised by the public up to $125,000 match, for a total campaign of $250,000. In addition, OWC will donate $1 for every newsletter sign between Nov. 27 and Dec, 21, 2018. Join OWC in bringing the difference of water with charity: water.

According to charity: water, there are more than 663 million people living without access to clean water. That is nearly 1 in 10 people globally and twice the population of the United States. With clean and accessible water, we can improve education, income and health – especially for women and children.

MFG Chemical Upgrades Texas Plant

MFG Chemical is upgrading its Pasadena, Texas plant, which the company acquired in March 2018, and sits on 24.5 acres. The acquisition of the Pasadena plant, together with the company’s 3 plants in Northwest Georgia, makes MFG Chemical one of America’s largest consumers of Maleic Anhydride.

Pasadena plant improvements are scheduled for completion by the end of the first quarter of 2019 and entail a multi-million dollar investment. Improvements include debottlenecking and new capacity additions, including two new reactors, one of which is 20,000 gal in size.

MFG Chemical upgrades Texas plant



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Former CBS 21 reporter joins Harrisburg Regional Chamber, and other business news: Trade Talk - PennLive.com

By Linda Hasco | lhasco@pennlive.com | Posted November 30, 2018 at 12:30 PM | Updated November 30, 2018 at 01:09 PM



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Thursday, November 29, 2018

Police Search Deutsche Bank Offices in Money Laundering Case - U.S. News & World Report

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  1. Police Search Deutsche Bank Offices in Money Laundering Case  U.S. News & World Report
  2. Deutsche Bank headquarters raided over money laundering  BBC News
  3. Deutsche Bank offices raided in money laundering probe - Business News  The Star Online
  4. Deutsche Bank offices raided in connection with Panama Papers  The Guardian
  5. View full coverage on Google News


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Business news in brief | Business - telegraphherald.com

Consumer confidence slips in November

WASHINGTON — U.S. consumer confidence slipped this month but remains strong.

The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 135.7 in November from October’s 18-year high 137.9.

The index measures consumers’ assessment of current economic conditions and their outlook for the next six months. Their evaluation of today’s economy improved — but their assessment of future conditions slipped in November.

“Overall, consumers are still quite confident that economic growth will continue at a solid pace into early 2019,” said Lynn Franco, a Conference Board economist.

Mortgage rates weigh on home sales, prices

WASHINGTON — U.S. home prices increased more slowly in September from a year ago as higher mortgage rates weighed on sales.

The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 5.1 percent from a year earlier. That’s down from a 5.5 percent yearly gain in the previous month. It was the sixth straight month that home price increases have slowed.

The weaker price gains reflect a broader slowdown in the nation’s housing market. Sales of existing homes rose modestly in October, snapping a six-month streak of declines. But sales are still 5.1 percent lower than they were a year ago. New home sales have fallen for four straight months.

The declines can be mostly traced to higher mortgage rates, which have jumped in the past year. The average rate on a 30-year fixed mortgage was 4.8 percent last week, up from 3.9 percent a year ago.

New NAFTA to be signed at G20?

MEXICO CITY — The man tapped to head Mexico’s finance ministry after Dec. 1 says officials are expected to sign a revamped trade agreement with the United States and Canada at the Group of 20 summit in Argentina this week.

Carlos Urzua said late Monday that “all possibilities” point to a signing in Argentina. He said the pact would then have to be ratified by the legislatures in all three countries.

Urzua will lead the ministry when Mexican President-elect Andres Manuel Lopez Obrador takes office Saturday.



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Facebook Comes To Charlotte, Promotes Small Businesses Amid Year Of Controversy - WFAE

Public faith in Facebook has been rocky in 2018, amid scandals involving data breaches and the spread of misinformation. Despite a rocky year, some in Charlotte remain loyal to — and active on — the platform, including small businesses.

Hundreds of small business owners gathered at Mint Museum Uptown for Facebook’s “Community Boost” program, a two-day workshop aimed at teaching people how to best use Facebook and Instagram to promote and grow their small businesses.  The workshop has sessions on how to use targeted ads, how to build groups and how to boost posts for a wider audience.

Charlotte is the 47th out of 50 cities that Facebook is targeting for their events.

As social media becomes more central to small business survival, building up such skills is crucial.

A U.S. Chamber of Commerce study this year found that 55 percent of small business owners in North Carolina find Facebook to be essential to their businesses.

Thor Chitow is one of them, but he’s new to the bandwagon. A mortgage broker who works out of his home in Mooresville, he started using Facebook to find potential clients. He said that on Facebook, he can find a captive audience.

“That’s why it’s attractive to people like me, because you can get the average consumer that’s just scanning through Facebook,” Chitow said. “Hopefully, they see my ad, they click on it and say, ‘hey, I need some help with a mortgage.’”

For the past few weeks, Chitow has been purchasing targeted ads and said it’s already starting to make a difference.

“It’s a lot less to do it yourself instead of paying somebody thousands of dollars a month to get what you call ‘leads’ – which is a person interested in purchasing a home or refinancing,” Chitow said.

He said leads usually cost anywhere from $50 to $200. Now, he spends about $5 to $15 a day on ads — which has evened out to paying less than $4 a lead.

But, Chitow said, navigating Facebook isn’t easy. That’s why he attended the community boost.

“Doing it yourself is a lot more complicated,” he said. “It takes a lot of research and knowledge and all that. And, obviously, there’s no phone number or somebody to help you out at Facebook. So, hopefully, I can get some knowledge to help my advertising.”

Ticora Davis is another Charlottean using Facebook to boost her business. She owns The Creator’s Law Firm, which specializes in intellectual property law.

Davis is a mom who works from her “cloffice” — her term of endearment for her closet-sized home office — while taking care of her seven-month-old child. When she started her business in 2017, she said her Facebook business page was the first thing she created.

She said placing targeted ads that direct people to her page helps her find her “ideal client.”

“It’s very important because I want to know, and I believe every business owner should know, where is my ideal client?” Davis said. “First and foremost, who is the individual you want to serve and provide a transformation to? And where are they located?”

But Facebook has faced scrutiny over the past year amid numerous scandals involving personal data breaches.

In September, the social media company revealed that up to 50 million users could have been affected by a recent incident where hackers accessed names and contact details of people on the site. They said last month that the number was actually little less — only 30 million users were affected.

But the recent events have inspired public distrust of the social media giant.

Facebook’s Kaitlyn Wilkins said the company is owning up to its mistakes, referencing Facebook CEO Mark Zuckerburg and Chief Operating Officer Sheryl Sandberg.

“As you’ve heard Mark and Sheryl say, if we can’t protect peoples’ data, we don’t deserve to have it,” Wilkins said. “So we have a number of initiatives that we have launched outlining steps we are taking to protect peoples’ data and there will be more coming as we continue to put a great deal of focus on that.”

She said the community boost event’s purpose is to continue Facebook’s commitment to small businesses, which she called the “bedrock” of the digital community. Advertising is also the bulk of the company’s revenue, which totaled $13.5 billion in the last quarter.

Wilkins said the small businesses she works with haven’t expressed concerns over security issues. She said they’re more interested in getting their businesses off the ground.

That seems to be the case for Ticora Davis, who said she doesn’t let clients share personal information on the site.

“If a client messages me, and they will share this is what’s going on with my case or this is my background information, I very quickly tell them that this is not the best place to discuss this,” Davis said.

It’s the same for Chitow.

“I don’t put any of their information on there,” he said. “I have separate, secure systems that I use.”

And as far as his own personal data, Chitow said he isn’t concerned.

“I’m not interesting enough to be worried about any of my information,” he said with a laugh.



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West Virginia launches online business portal | Business - Huntington Herald Dispatch

CHARLESTON — The West Virginia Secretary of State's Office is now offering a new portal for businesses to complete filing requirements.

The website can be used by people who want to form a new West Virginia business or register an existing out-of-state business. Secretary of State Mac Warner said in a news release the new portal is mobile-friendly and replaces a service that was almost 15 years old and didn't work well with newer devices.

Business and Licensing Director Penney Barker said the new portal also does away with problems that made the old service hard to maintain and keep up-to-date.

Barker says the goal for the portal is to gather information from numerous state websites in one central location.



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Is Your Business Neglecting Its Most Important Audience? - Forbes

Experience is the new battleground in the modern-day business world.

The Transformative Age is all about removing friction from and building the optimal experience for audiences who engage with your brand across multiple touch points. Fail to do this and you risk losing customers, market share and reputation.

Creating the secret sauce is hard — every C-level executive is hyperfocused on how to approach this challenge already. Many are investing significantly in transforming their businesses into digital enterprises so they can create consistent and elegant experiences — in the on- and offline worlds — that charm their customers.

The problem is, when it comes to experience transformation, the customer is only a part of the equation.

There’s an alarming trend among companies from almost every industry sector spending billions of dollars in reimagining the customer experience but failing to match the same effort for their employees — leaving a significant experience gap between the two.

What does the employee experience mean exactly? In this case, the entire ecosystem in which employees operate — from the physical environment to the company’s culture to the digital tools and technologies that aid their ability to get stuff done. And oftentimes, the customer experience that a company spends so much time and money perfecting far outpaces the experience that is offered to its employees.

The gap between the customer and employee experience is real and perilous. Poorly designed or neglected employee experiences make it harder for organizations to attract and retain the best and brightest talent, while those left behind become frustrated and, at worst, disgruntled. And it doesn’t take much for those negative emotions to seep in and taint an employee’s ability and willingness to do great work.

On the flip side, experiences that enable employees to teach, nurture, collaborate and innovate are a recipe for a thriving enterprise in the digital era.

Take this example. Let’s say a utility company has technicians servicing homes throughout a state. The company has made significant investments improving the customer experience through smart devices, analytics, mobile apps that enable customers to track energy usage and a digital platform for on-demand scheduling of service and repair appointments.

But, the technicians — who are often on the front lines dealing with customers in their homes — are still working with legacy tools and systems, making effective communications and differentiated service a challenge for employees. Consequently, the customer’s experience dealing with technicians suffers dramatically in comparison with their experiences using the company’s smart devices and mobile apps. This experience gap leaves both the customer frustrated and the employee disgruntled.

You get where this is going. What’s good for the employee (experience) is good for the customer (experience), and businesses should more closely align the experiences that they offer their customers and employees.

So what should they invest in first? Is it all about integrating advanced technologies?

Closing the gap between the two experiences is actually as much about empowering your people as it is about introducing new technologies. Creating that modern, digital experience I spoke of is key, but you also need to ensure your employees feel valued. And, as your business moves to keep up with the pace of change, you want them to feel like they’re a part of that transformational experience.

One of the primary ways to do that is to invest in the employee’s professional development. Online, on-demand learning is a great way to upskill employees who lead busy lives and have limited time to pursue outside education. A performance management system that provides regular feedback so employees can learn, pivot and improve in real time will also go a long way with employees who are putting in an effort to evolve with the business. Above all, make sure that leadership is engaged with employees at all levels. Idea and knowledge transfer is a must. Innovation no longer only takes place in a lab; it thrives in the trenches where leaders and employees are collaborating to solve complex problems.

Business disruption is all around us, so start thinking today about whether you’re giving enough attention to your primary audience. Remember that if you don’t give your employees an incentive to digitally engage — they won’t. And neither will your customers.



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Business Insights Are A Many-Splendored Thing -- Data Is Meant For More - Forbes

Close up hand of marketing pointing at business document at meeting room.Getty

By Mike Gualtieri, Vice President, Principal Analyst

Download Forrester’s predictions 2019 complimentary guide to understand the 14 major dynamics that will impact firms next year.

Enterprise Mindsets About Data Are Changing

Give me a dashboard. Give me a report. Give me better insights. If that’s your approach, it’s old-school and you’re falling behind. Leading enterprises have shifted their data sensibilities to action-oriented insights. “Interesting” is no longer the standard for business insights efforts. Instead, insights projects must draw a straight line from business objectives to business outcomes.

Seems obvious . . . MBA 101, right? Unfortunately, many business insights organizations let whimsical stakeholder requests drive their efforts. No more, Forrester predicts. To be successful, business insights professionals must focus their efforts on the business outcomes that matter most. Therefore, the themes of Forrester’s business insights predictions for 2019 are:

  • The data economy will fail without a “fail fast, succeed faster” mindset.
  • Business insights professionals must become data storytellers.
  • Dashboards are for drivers, but we are fast living in a driverless world.
  • Data governance, until now a buzzkill, will become ambient and enabling.
  • Swamped data lakes will become virtual, because lakes too quickly become murky.

Bottom line: Forrester sees the mindset changing from data and analytics untethered to outcomes to become action-oriented analytics that helps enterprises win.

This post originally appeared here.



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8 signs you’re not ready to start your own business - Business Insider

Here's the harsh reality of starting a business: around 70% of startups are no longer in business by year 10, according to Fundera.

Even if your product or service is fantastic, there are a host of snags you can hit, from running out of money to running out of steam. To deal with this risk, "every entrepreneur should go into this with their own timeline" for when they expect the business to turn a profit — and pay its founder a salary.

This timeline should be "tied to their own financial wellbeing," Langer-Croager said. In other words, figure out how long you can afford to allow your business to grow without getting something back from it, knowing that there's a chance your startup might never turn a profit. She said that doing so "makes managing that risk a little easier."



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Manafort Lied About Business Dealings, Mueller’s Team Believes - The Wall Street Journal

Paul Manafort’s alleged misstatements to special counsel Robert Mueller’s investigators include comments about his personal business dealings and about his contacts with a former associate in Ukraine, say people familiar with the matter.

Those statements—among those described by Mr. Mueller as “lies” and Mr. Manafort as “truthful information” in a court filing Monday—are what led the special counsel this week to take the unusual step of ending the former Trump campaign chairman’s plea agreement 2½ months after it was reached,...



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New Survey Focuses On Challenges Of Business Resilience - Forbes

Should a business be prepared for the worst? In the event of a natural catastrophe or a major data breach—or even minor hiccups—should a business have the resources and processes in place to continue business as usual? A new survey from Tanium found almost unanimous consensus on the importance of business resilience—but execution and actually achieving it apparently lags far behind.

Tanium is in the business of business resilience. Business resilience is a term that encompasses business continuity and disaster recovery (BCDR). No matter what you call it, the goal is to be prepared to continue operating as a business in the face of catastrophes.

To understand more about the current state of business resilience, Tanium conducted a surveyv of more than 4,000 business decision makers across the United States, UK, France, Germany and Japan. The results were compiled into a report called The Resilience Gap.

Although 96 percent of those surveyed believe that business resilience should be a core element of their company’s overall business strategy, only 54 percent claim that business resilience actually is a focus. Tanium then asked what challenges or barriers exist that are preventing business resilience from being a primary focus of business strategy. Here are a few of the key findings from the Tanium study:

  • 34 percent blame increasing business complexity
  • 20 percent cited siloed business units as a barrier
  • 33 percent agreed that hackers and cybercriminals are more sophisticated than their IT security teams
  • 24 percent claim that poor visibility of network entry points is an issue
  • 21 percent stated that they don’t have the necessary skills within the company to accurately detect or effectively block attacks

"In 2018 alone, companies will spend over one trillion dollars making their enterprises even more digital– launching more applications, expanding IT services, and creating new connections with their partners and customers," said David Damato, Chief Security Officer at Tanium. "While this may seem positive, the speed and complexity of technology has led organizations to purchase multiple tools to solve for IT security and operations challenges. In turn, this has created a fragmented collection of endpoint management and security solutions which is leaving the enterprise environment brittle, vulnerable and lacking the Business Resilience needed to adequately mitigate threats. We believe that Business Resilience is fundamental to any strategy for long-term growth, yet the findings suggest that many businesses still have a long way to go to achieve resilience."

Business resilience—or disaster recovery, or business continuity—are like insurance. You need to have it just in case something catastrophic occurs, and it is not something you can decide to put in place after a disaster strikes. When it seems the least necessary is really the best time to pursue it. You may never need it, but if a situation arises where you do, you will be very glad that you invested the time and effort to put the tools and processes in place to continue business operations and rebound to business as usual as quickly as possible.



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Wedbush's Daniel Ives is bullish on Apple's services business - Business Insider

An Irish soccer team faked a player's death to postpone a match, but he was actually just at home playing video games - Business Insider

An Irish soccer team has issued a grovelling apology after it faked a player's death to get a league match postponed.

Ballybrack FC, an amateur soccer club in Dublin, told the Leinster Senior League that Fernando Nuno La-Fuente had died in a motorbike accident on Friday, November 23.

The league postponed Ballybrack's match against Arklow Town, organised a one minute silence before the kick off of other league matches, and published a death notice in an Irish newspaper to offer its "heartfelt condolences" to the La-Fuenta family and all at Ballybrack, the BBC reports.

Liffey Wanderers FC was one of the teams to observe a minute's silence before a match and even posted a photograph of the moment on its Facebook account.

Read more: RANKED: The 27 most dominant soccer players in the world right now

But Fuente was not dead at all, so it was not long before Ballybrack backtracked.

On Tuesday, the club said the management team made "a gross error of judgment" and that the person in question had been "relieved of all footballing duties," according to a statement posted on the club's Facebook page.

But La-Fuente saw the funny side. "I was playing some video games and suddenly I got a call from work and they said 'You're a celebrity.' That's how I found out that I was dead," he told RTE 1 radio on Wednesday.

La-Fuente said he always knew something was amiss as the club had contacted him beforehand to tell him to ignore any forthcoming statement from the Leinster Senior League that might claim he had "an accident."

He was expecting fake news of an injury like a leg break, so when he heard he had died, he wrote to the league to say he was actually alive. "They wrote straight back and apologised," he said.

La-Fuente, who recently moved to Galway and cannot play for Ballybrack anymore, said he did not believe the team was afraid of playing Arklow but probably having "a rough time getting players."

La-Fuente said his wife had "some Facebook fuss" and he called his mother "because she didn't know anything."

He added: "I find it a little bit funny because I am not dead and no one has actually been harmed."



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Burger King has been tweeting gibberish nonstop for hours - Business Insider

Dubai's automated, driverless metro: what it's like to ride - Business Insider

Visiting Dubai can often feel like hopping into a time machine to the future. The city emerges out of the desert seemingly from nowhere, with each gleaming skyscraper, landmark, and new building looking more futuristic than the last.

Dubai's decade-old metro system is no different. The bullet-shaped stations lie above ground like golden space pods and the trains race through the center of the city, weaving past skyscraper after skyscraper.

It's not just the shape and aesthetic that make the metro futuristic, but the underlying technology as well.

All of Dubai's 49-station, 46-mile metro is completely automated and driverless, making it the third-largest such system in the world, after systems in Singapore and Vancouver. The city's Red Line, which runs like an artery through the heart of Dubai, is still the longest single driverless metro line in the world.

And it's getting larger. The city is currently constructing a third line— called Route 2020 — that will connect the southwestern Dubai with the site of the World Expo, which Dubai is hosting in 2020. The city is also constructing extensions to the existing Red and Green lines.

Read more: I rode China's superfast bullet train that could go from New York to Chicago in 4.5 hours — and it blew me away

The practical result is that the automated metro has quickly turned local travel — previously a battle through traffic-choked highways in a car-reliant city — into a seamless, fast, and incredibly reliable travel experience. So long as you are traveling within the city, it's far more convenient than driving, as I found on a recent trip to Dubai.

While Dubai is far from the only city with a fully automated metro, most of the other similar systems lie in Asia and Europe. In the US, automated trains are currently limited to airports and a few very limited lines in Miami, Detroit, and West Virginia.

The best of the US's metro systems is likely still the New York City subway, but even that system is crumbling.

Traveling on Dubai's metro is an entirely different experience, as I learned when I recently rode the Red Line to downtown:



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A San Francisco politician is trying to get Mark Zuckerberg's name removed from the hospital to which he donated $75M - Business Insider

A San Francisco politician is pushing to have Mark Zuckerberg's name removed from the hospital to which he donated $75 million in response to Facebook's recent scandals.

On Tuesday, San Francisco supervisor Aaron Peskin asked the city attorney to "outline the procedure for the removal of the Zuckerberg name from San Francisco General Hospital" and to revisit the city's policy on offering naming rights in exchange for gifts, according to a copy of his remarks provided to Business Insider.

It comes after a protest earlier this year by nurses working at the Priscilla Chan and Mark Zuckerberg San Francisco General Hospital and Trauma Center — commonly referred to as just the Zuckerberg San Francisco General Hospital — over the attachment of the Facebook CEO's name to the institution. The protest followed the Cambridge Analytica scandal.

Mark Zuckerberg and Priscilla Chan donated $75 million to the institution in 2015 in exchange for naming rights. Critics of the name have previously noted that city residents approved an $887 million bond measure in 2008 to support the hospital, but weren't given any input into changing the hospital's name.

"What message does it send when we are willing to brand our public facilities in exchange for one-time donations, while the entities behind those one-time donations turn around and oppose even the most modest taxes, which — when allocated to our general fund — actually give the citizens of San Francisco oversight for how those funds are spent," Peskin said.

This is the first time a sitting San Francisco supervisor has spoken out in support of renaming the hospital, Peskin's chief of staff said. (Former supervisor John Avalos also called for it to be changed earlier this year.) It is a sign that Facebook and Zuckerberg's brand have become increasingly unpopular and points to how the consequences of the Silicon Valley giant's mounting scandals may impact the CEO's image.

San Francisco has 11 supervisors, each representing a district, and they are the city's legislative body. Peskin represents District 3, which includes North Beach, Chinatown, the Financial District, and Nob Hill. His comments, made at a Board of Supervisors meeting on Tuesday night, cite the Cambridge Analytica scandal, Facebook's attempts to smear critics with a line of attack that has been called anti-Semitic, and an experiment in which it manipulated users' emotions without their knowledge in 2014.

"It cannot be considered normal for corporations to hire political consultancy firms to perform opposition research on their critics," he said. "It is not normal for private entities to then use that information to spread anti-Semitic conspiracy theories on platforms that they control. It is not normal for Mark Zuckerberg and Sheryl Sandberg to refuse to accept responsibility and to publicly distance themselves from acts that they personally instigated. In fact it is abhorrent."

A Facebook spokesperson did not respond to Business Insider's request for comment as to whether Zuckerberg would fight the change, or if the CEO would ask for his money back if the removal is successful.

In an email, Sasha Cuttler, a nurse at the hospital, said: "It seems that S.F. politicians have heard how much the staff and patients actually care about their hospital. Mark Zuckerberg's motto to 'move fast and break things' was proven correct; the late Mayor Lee moved very fast in renaming the hospital and broke our hearts. Hopefully Facebook will refrain from further violations of our right not to be experimented on without our knowledge and consent."

Reached for comment, Zuckerberg San Francisco General Hospital CEO Susan Ehrlich defended the name change in an emailed statement, but did answer a question on whether the hospital would fight the change if it goes ahead.

"Naming is an important convention in philanthropy that encourages additional donors, and our hospital relies on the support of the community, the City and County of San Francisco, and generous private philanthropy," Ehrlich said.

"We are honored that Dr. Chan and Mr. Zuckerberg thought highly enough of our hospital and staff, and the health of San Franciscans, to donate their resources to our mission."


Do you work at Facebook? Got a tip? Contact this reporter via Signal or WhatsApp at +1 (650) 636-6268 using a non-work phone, email at rprice@businessinsider.com, Telegram or WeChat at robaeprice, or Twitter DM at @robaeprice. (PR pitches by email only, please.) You can also contact Business Insider securely via SecureDrop.



Here are Aaron Peskin's full comments, via his chief of staff:

Supervisor Peskin Talking Points for Roll Call for Introduction - 11/27/2018

CITY ATTORNEY REQUEST - REMOVE ZUCKERBERG NAME

I am also introducing a Request to the City Attorney's Office to revisit the City's policy on the Acceptance of Gifts in exchange for Naming Rights and, specifically, to outline the procedure for removal of the Zuckerberg name from San Francisco General Hospital.

Over the past couple of weeks, media outlets have reported on the latest in a steady string of scandals confronting Facebook and its leadership - namely, that Facebook hired a PR firm to spread malicious and anti-Semitic attacks against George Soros, which is a tool directly from the playbook of the most toxic rightwing conspiracy theory groups - many of which flourish on Facebook's own platform.

This latest revelation follows the Cambridge Analytica scandal earlier this year, wherein it was revealed that peoples' private information was being used to fundamentally undermine our system of democracy. That scandal was the impetus behind the Privacy First Policy which was on this last November's ballot, which the voters passed by a nearly two-thirds margin.

And it follows a report in the New York Times from earlier this year that Facebook itself was tinkering with users' emotions in a news feed experiment, which spawned protests by SEIU workers at SF General Hospital.

It cannot be considered normal for corporations to hire political consultancy firms to perform opposition research on their critics. It is not normal for private entities to then use that information to spread anti-Semitic conspiracy theories on platforms that they control. It is not normal for Mark Zuckerberg and Sheryl Sandberg to refuse to accept responsibility and to publicly distance themselves from acts that they personally instigated. In fact it is abhorrent.

And it cannot be normal for this City to put a price tag on the branding of institutions and spaces that fundamentally belong to the citizens of this City. As a matter of fact, while Mr. Zuckerberg and Ms. Chan gifted about $75 million dollars in exchange for these naming rights, the people of this City funded far more than ten times that via a nearly $900 Million Dollar bond in 2008 to rebuild the acute care hospital and trauma center at SF General.

This also gets at a larger issue of the true costs of corporate charity. And what message does it send when we are willing to brand our public facilities in exchange for one-time donations, while the entities behind those one-time donations turn around and oppose even the most modest taxes, which - when allocated to our general fund - actually give the citizens of San Francisco oversight for how those funds are spent.

Whether it's Facebook, or Amazon whose technology is being sold to target immigrants at the Mexico-United States border, or Wells Fargo whose complicity in the home foreclosure crisis and involvement in the Dakota Access Pipeline have also drawn public scrutiny - I really want this City to re-assess the value of giving up these naming rights and the message this sends relative to our role as stewards of the public trust.

More than just about naming rights, this is about the integrity of institutions and spaces that are overwhelmingly funded by the public and which exist to serve the public. I want to thank City Attorney Herrera for his commitment to pursue this.



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Storefront closing because online business is booming - NTV

The Country Nest closing (KHGI)

After over a decade in downtown Kearney, another business is closing their doors.

The owner of The Country Nest said business is picking up and that's why she's closing down.

"I'm excited for myself but to see something I've worked for, for a long time... now I'm going to cry," said The Country Nest owner, Pamela Robbins.

After 11 years of having her business on The Bricks, Pamela Robbins is closing The Country Nest storefront.

She said this decision came from years of success selling her handmade d├ęcor online.

"The etsy shop has grown into a full time job so I have chosen to continue on with the etsy shop and work out of my home workshop," said Robbins.

She said for gift shops, sales are typically slow in the summer months but online that's not the case.

"My etsy shop was just going crazy with sales and it pretty much paid for a lot of the bills that my storefront was accumulating," said Robbins.

According to their website, etsy has 1.9 active sellers and 31.7 million active buyers.

With so many shops selling online, is this having an impact on our local economy? The City of Kearney financial director said soon it won't.

"The Supreme Court ruled that states can require online sales businesses to collect sales tax if they have a physical presence in the state of Nebraska," said financial director, Wendell Wessels. "So, beginning January 1 of 2019 any business will be required to collect sales tax for the state of Nebraska and the municipalities of the state of Nebraska."

Customers can continue shopping the country nest locally now through mid February, or online at her etsy shop.

To follow this story and all of Jessica Stevenson's local news coverage, find her on facebook and twitter.



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New online business portal now available in West Virginia - Charleston Gazette-Mail

The West Virginia secretary of state’s office is now offering a new portal for businesses to complete filing requirements.

The website can be used by people who want to form a new West Virginia business or register an existing out-of-state business.

Secretary of State Mac Warner said in a news release the new portal is mobile-friendly and replaces a service that was almost 15 years old and didn’t work well with newer devices.

Business and Licensing Director Penney Barker said the new portal also does away with problems that made the old service hard to maintain and keep up-to-date.

Barker says the goal for the portal is to gather information from numerous state websites in one central location.

— The Associated Press



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How Micro Business Owners Can Become Tax Ninjas - Forbes

Tax doesn't have to taxing when you're a micro business Getty

One of the most stressful areas of running a micro business has to be managing your own tax affairs. When you’re employed, the tax system is basically invisible, as your employer managers this for you. When you move into self-employment or develop a side hustle, you suddenly have to become a tax expert.

As the UK has one of the most complex tax systems in the world, navigating its subtler aspects needs the help of an expert. One of the best decisions I took when I started my micro business was to hire an accountant. They have vast experience of the tax system and can save you substantial amounts of money that more than covers their costs.

With the UK moving inexorably towards a completely digital tax system as Making Tax Digital takes shape, if you’re thinking of moving into self-employment, or starting one or more side hustles, you need to get your tax affairs in order.

To gain an insight into the tax environment at the moment, I spoke with Emily Coltman FCA, Chief Accountant at FreeAgent.

Emily Coltman FCA, Chief Accountant at FreeAgent.Emily Coltman

What are the key pressure points that micro business feel when managing their tax affairs?

“In my view, the key concern for small business owners is making sure they are complying with all the relevant rules and regulations. The UK’s tax legislation is four times as long as the complete works of Shakespeare, so for a micro business owner, it can be something of a labyrinth to navigate.

“They must make sure they register for the correct taxes at the correct time, claim as much tax relief as they are entitled to but not more, file the right forms and pay the right amounts to the right accounts at the right time. It can be quite frightening for a small business owner trying to comply with the depths of tax law, which is where a good accountant can come into his or her own.”

How can accounting applications help micro businesses manage and even reduce their tax liability?

“When a small business owner uses an accounting application such as FreeAgent to keep his or her records, they have the peace of mind that all the relevant records are in one place and easily and securely accessible.

“Books can be kept in real-time and even give a tax projection that’s updated as each transaction is entered, meaning that the business owner has a very good idea of how much tax they can expect to pay and when.

“Keeping records online, in real-time, also gives the business owner’s accountant the chance to review them and suggest opportunities for tax planning while there is still time to put them into practice. For example, advising the business owner to buy an asset before the end of the year instead of after and claim tax relief earlier.”

Many of the app-based accounting and tax services seem to offer an automated way to manage tax and accounts, but are the skills of an accountant still needed?

“I would say absolutely yes. A computerised accounting system can automate a lot of the manual element of bookkeeping and recording transactions. However, when it comes to business and tax planning and decision-making, the input from a skilled human being is crucial.”

With Making Tax Digital around the corner for my businesses, what’s your advice when choosing an accounting and tax application to use?

“My recommendation is always to choose the application that is the best fit for your business’s own needs. For example, if your business sells a lot of goods, or makes goods for resale, you would be well advised to choose an accounting application that comes with, or integrates with, a stock control and/or Bill of Materials system.

“You are also right that business owners need to be mindful of the upcoming changes under Making Tax Digital, so any business that is VAT-registered and has yearly sales over the £85,000 threshold will need to make sure they are keeping records digitally ready for the beginning of April.”

Many micro business owners (sole traders) see incorporation as a way to save tax, but is the decision to incorporate much more complex?

“Yes, it is. There are lots of reasons why a business may or may not incorporate. The key point for incorporation is that the individual and the business will become separate legal entities. This has both its advantages and its disadvantages.

“For example, if an incorporated business (limited company or limited liability partnership) is successfully sued, then the creditors can only seize the business’s assets to cover the debt, not the individual’s unless the individual is guilty of wrongdoing or has given a personal guarantee to pay the debt. For a sole trader, on the other hand, legally creditors can seize the individual’s own assets as well as the businesses to cover any debts.

“However, legal separation also means that it is harder for the individual to withdraw money from the business without paying additional tax, and creating a new legal entity also creates extra reporting obligations in the form of accounts to be filed, a tax return to be prepared and filed for the company, and potentially also payroll reports to be filed.

“It is not a straightforward decision, especially as in recent years the tax advantages of incorporation have diminished, so this is certainly something that a business owner should discuss thoroughly with their accountant before taking the step of incorporation.”

Are there simple ways micro businesses could use to reduce their tax bills, but often don’t implement?

“Yes, there are. For example, sole traders can often claim a percentage of their expenses for business use of the home. They can also claim mileage travelled on business in their own cars. Food and drink when a sole trader is away on business overnight is also a cost that can be used to reduce a business’s profit and hence its tax bill.”

With increasing numbers of people embracing the ‘side hustle’, flexible working, portfolio careers, will the tax system have to change to support this new working environment?

“I believe it should! For example, currently a sole trader who prefers to work in cafes and use the free Wi-Fi cannot claim tax relief on the cost of the food and drink he/she purchases there, even though what he/she is effectively purchasing is the use of the Wi-Fi, on which tax relief would normally be available.

“Also, a group of freelancers who regularly meet to work together and buy each other cups of coffee, would not be able to claim the costs of those cups of coffee as they would count as business entertaining.

“And there is no tax relief currently available for freelancers who walk or cycle to their appointments rather than taking the car or bus. Surely the government should be encouraging greener means of transport? The tax system needs to be overhauled and simplified to reflect the changed face of today’s working environment.”

Tax they say shouldn’t be taxing, but for many micro businesses, it can easily become a time-consuming and frustrating part of their lives. As work continues to evolve into ever-more exotic shapes, taking advice to understand your precise tax position is a sensible first move before you make what could be radical changes to your working and tax life.



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16 Salutes: Kindness in Business Owners - WNEP Scranton/Wilkes-Barre

KINGSTON, Pa.  -- A business owner in Luzerne County is helping another business owner in Lackawanna County get through a difficult year. They knew each other through owning local businesses in the wedding industry, but an act of kindness has created a special friendship.

All things Christmas have taken over Mattern's Flower Shop in Kingston. It is the busiest time of year for the more than 100-year-old business, but for Michelle Valentino, this is only her second holiday season. She bought the business from the Mattern family last November. A year later, she is taking on a whole new project, but this one is a little more personal.

"This isn't a business project. This was done on a handshake," Valentino explained.

On one side, Mattern's looks like it always has, with its unique gifts and stunning flower arrangements. On the other side, a room that was used for storage in now the Darling Dress pop-up shop.

"Every employee here, I think it just speaks volumes. It's obviously a lot of work for everybody, but they didn't have a problem with it at all," Valentino said.

Victoria Donahue was born and raised in Dunmore and opened the Darling Dress, a bridal boutique in downtown Scranton in 2015.

"Provide the area with something a little bit different than we were used to seeing," Donahue explained talking about when her shop first opened.

After three years in the business and with three young kids at home, Tori announced she would be closing the dress shop in 2019 when her lease was up.

"Trying to balance taking care of my brides and customers and taking care of my family. I really felt like I was constantly torn between the two and having to choose. Of course, at the end of the day, my family is always going to come first," she said.

Then in September, an already tough year for Tori and her family became a nightmare. Tori's 8-year-old son, Luca, a second grader at Dunmore, was diagnosed with leukemia. He was sent to the Children's Hospital of Philadelphia.

"That was the start of what is to be a three-and-a-half to four-year journey of getting him back to full health," Donahue said.

Being in Philly sometimes three days a week for treatment, Tori decided she could not wait until 2019. In early November, the Darling Dress in downtown Scranton closed its doors for good, with about 75 wedding gowns left unsold.

In this story

"I have two little girls, so I think it's every mother's worst nightmare to hear that, and I heard how stressful it was going to be for her, and I didn't even think, I was just like, 'Hey, we have space. Do you want it?'" Valentino recalls.

"I was just shocked a little bit. I didn't know how to respond. I wasn't expecting that," Donahue said.

"After I walked out, I realized there was a lot of people I didn't even ask, including my husband," Valentino explained.

Her husband was on board, and in just a few hours, Michelle turned a storage room into the Darling Dress pop-up shop. Michelle says Tori can use the space until all of the gowns and accessories are sold.

"The fact that she made that possible and is giving me a place to offload the rest of my inventory without having to physically be here and sell it myself is just amazing," Donahue said.

Now for Tori, the thought of putting the gowns she has fallen in love with in boxes or storage does not have to become a reality.

"I'm sure there is someone out there that is perfect for one of these dresses. They just haven't met their match yet."

Tori tells Newswatch 16 her son Luca is in the most intense part of his treatments right now, but he is staying positive and doing well.

Michelle wants to point out that she has no plans to officially open a wedding dress shop. She says although she does not have any bridal boutique experience, she can answer questions about pricing and direct clients to the seamstress the Darling Dress has always used.

41.261748 -75.896863


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Benefit to raise money for downtown La Crosse business owner's funeral - La Crosse Tribune

Local Business Owner Charged with 13 Felonies - OzarksFirst.com

Spanx Founder Sara Blakely Has 99 Pages of Business Ideas - Entrepreneur

Three sure-fire online small business Ideas to launch in 2019 | London Business News - London Loves Business

According to Forbs, 63% of millennials have ever thought about launching a start-up, preferably an online one. However, the other statistics show that only 3.6% of people under 30 actually own small business in the USA.

These figures are disappointing, especially if compare them to 10.6% of young people that owned a company in 1989. What caused such a shrinkage?

With the rapidly changing technology market, it’s hard to impress users with something entirely new. 99% of ideas you come up with have been already brought to life by somebody else. The more copy-paste start-ups fail, the fewer people dare to make a move towards their dream.

Fortunately, you don’t need to be an inventor to run a successful online business. An alternative way is to hop on the swelling wave of an upcoming trend. To help you identify the most promising tendencies of nowadays, we’ve chosen these 3 sure-fire business ideas to try in 2019. Enjoy!

Create your own social network

Social networks have the highest possible engagement rate among the websites. After waking up, an average person will more likely check their Facebook feed rather than global news or weather forecast. Thus, social media advertising brings billions to their creators.

We all know: an attempt to compete with Facebook is insane. But instead of making a one-size-fits-all network, you can target your site at the narrower audience in a niche that doesn’t have an established online community.

The great example of such a network is Untappd, a mobile-based community of craft beer lovers. Here users can rate brews, discover new beers, and earn badges. Moreover, the app allows you to check-in with friends, start discussions, and meet other like minds online. According to Owler, the estimated annual revenue of Untappd is $5.5M, what’s not bad at all.

There is still room for new narrowly-focused social networks to appear: just imagine how many interests are still uncovered! Moreover, it’s not that hard to implement the basic features of a social media website, if you have a team of skilled web-developers. But even if you don’t, you can utilize a business website builder and customize a ready-made theme instead of building a network from scratch.

Establish a video marketing agency

According to Cisco predictions, videos will account for 80% of online traffic worldwide and 85% in the USA by 2021. This means only one thing: the video becomes a primary marketing tool for businesses that want to scale further.

Now in 2018, we have social media managers, content marketers, SEO experts, and a plenty of other digital marketing specialists that help companies expand on the web. Video marketing consultants are, thus far, a rare species. But since the demand is only expected to rise, you may fill this gap by establishing your own video marketing agency in 2019.

Another video-related start-up may be the development of video marketing software. Take a look at nFusz, a video creation platform aimed at making your videos interactive.

Using nFusz, marketers incorporate clickable buttons so the prospect can proceed to the purchase while watching the video. The tool is quite successful at increasing customer’s conversions since the app can boast of $7.8M of estimated annual revenue.

Develop an IoT app

Disney’s Smart House movie predicted it just right. In the nearest future, we will be able to merge all home appliances into the one smart system and control them via smartphones. And this is only one way to exploit the Internet of Things, a technology that literally connects everything to everything.

As of 2018, there are 23.14B devices connected to IoT. According to the graph provided by Statista, this number will rise more than threefold by 2025 and will comprise 75.44B devices. From smart cities to connected health — more and more IoT-based products will emerge.

That is exactly what we call “to hop on the swelling wave”. In early 2019, you have a chance to design an IoT app before the technology become hyped.

Even now we have good examples of prosperous IoT projects. PetCube is an IoT solution for domestic animal owners that lack time to spend with their pet. A user installs an interactive camera in the house and connects it to the smartphone, playing, teaching, and talking to it remotely. Estimated annual revenue of the start-up is $1.2M so far.

If you doubt that any of these options is a good fit for you, the opportunities you have to spare are almost limitless. Monitor news: every event highlighted in media may pitch you an idea that might grow into an on-demand start-up. For instance, a lot of GDPR compliance consultancy services emerged shortly after GDPR came into effect in May 2018. And what’s stopping you from doing the same thing when the right moment comes?



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