Small companies – Dsmkw 07 http://dsmkw07.net/ Tue, 17 May 2022 01:06:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://dsmkw07.net/wp-content/uploads/2021/10/profile-120x120.png Small companies – Dsmkw 07 http://dsmkw07.net/ 32 32 Holcim reviews 10 large and small business acquisition targets: CEOs https://dsmkw07.net/holcim-reviews-10-large-and-small-business-acquisition-targets-ceos/ Mon, 16 May 2022 07:45:00 +0000 https://dsmkw07.net/holcim-reviews-10-large-and-small-business-acquisition-targets-ceos/ Holcim is considering 10 acquisitions with the ability to buy companies large and small, chief executive Jan Jenisch said on Monday, after the Swiss cement maker agreed to sell its Indian operations to Adani Group in a 10-year deal. $5 billion. “We are growing at a fairly rapid pace and the plan […]]]>

Holcim is considering 10 acquisitions with the ability to buy companies large and small, chief executive Jan Jenisch said on Monday, after the Swiss cement maker agreed to sell its Indian operations to Adani Group in a 10-year deal. $5 billion.

“We are growing at a fairly rapid pace and the plan is that with the proceeds from the divestiture we will continue to accelerate our 2025 strategy and acquire new businesses,” Jenisch told reporters.



“Right now, we have about 10 transactions verified by us, brokered by us. These are small transactions, these are larger transactions,” he added. “We’re ready for another Firestone,” he said, referring to Holcim’s $3.4 billion acquisition last year.

(Reporting by John Revill; Editing by Michael Shields)

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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“The secret is to demonstrate that small businesses can generate value quickly” – Q&A with Olivier Blais, Speaker at the Dublin Tech Summit – Business & Finance https://dsmkw07.net/the-secret-is-to-demonstrate-that-small-businesses-can-generate-value-quickly-qa-with-olivier-blais-speaker-at-the-dublin-tech-summit-business-finance/ Tue, 10 May 2022 18:41:33 +0000 https://dsmkw07.net/the-secret-is-to-demonstrate-that-small-businesses-can-generate-value-quickly-qa-with-olivier-blais-speaker-at-the-dublin-tech-summit-business-finance/ Olivier Blais is co-founder and Head of Decision Science at Moov AI. He will speak at Dublin Tech Summit on June 15 & 16, which returns to the RDS in a physical capacity. See all confirmed speakers here. What are the new technological trends? Despite all the new concepts like NFTs, metaverse, blockchain, etc., I […]]]>

Olivier Blais is co-founder and Head of Decision Science at Moov AI. He will speak at Dublin Tech Summit on June 15 & 16, which returns to the RDS in a physical capacity. See all confirmed speakers here.


What are the new technological trends?

Despite all the new concepts like NFTs, metaverse, blockchain, etc., I think the most game-changing trend is that companies are starting to adopt AI in their organizations. Despite all the negative sides of COVID-19, this pandemic period has been a great catalyst for organizations to think about automation and digital transformation. AI is just a tool, but it can be transformative when you integrate it well into a process. For example, if you get fantastic at forecasting your customer’s demand, you can streamline all logistics, supply chain, and purchasing functions accordingly. It’s huge for businesses.

How can small businesses get into the tech industry?

The secret is to demonstrate that small businesses can generate value quickly. I believe the advantage of small businesses is speed of delivery and innovative thinking. For larger organizations, partnering with smaller companies is otherwise difficult. Another secret to growing small businesses is to multiply successes. If a company solves a massive problem for a customer, it becomes a relevant supplier, regardless of the size of that company.

What are some of the biggest concerns facing the tech community today?

I think every tech company should address the following issues so that we can ensure AI adoption:

  • About 50% of organizations are stuck in their adoption of AI due to data issues (AI Forum, 2022). What can we do about it? How to propose solutions less dependent on a large amount of data?
  • Around 60% of organizations do not have enough knowledge or talent to generate value with their data (AI Forum, 2022). How can we make this very simple while ensuring secure use of data?
  • By 2022, 85% of AI projects will produce erroneous results due to biases in the data, models, or responsible teams (Gartner, 2020). How can we develop approaches and tools to validate the quality of an AI system before its release? Most data science teams still rely on basic ad-hoc performance assessment, but it needs to get more sophisticated. Software development evolved its testing approaches 10 to 15 years ago. The AI ​​should do the same soon to avoid the fallback of a poor quality system deployed in production.

What key message do you want the DTS community to hear?

Simply put, artificial intelligence is a great tool to support the transformation of critical functions in top organizations. However, changes do not happen overnight and the use of an instrument is usually not enough. Therefore, these tips optimize the success of a transformation project using AI:

  • Start small and gradually build on successes; otherwise, you will lack traction.
  • Use simple solutions to solve complex problems; Many existing and robust machine learning frameworks and algorithms exist, so be sure to reuse as many as possible.
  • Consider delivering a system and not just a model; Machine learning code typically makes up barely 20% of an AI system’s code base.
  • When developing your AI system, consideration of change management and training is paramount, as an unused AI system is useless.

Now in its 5th year, DTS 2022 will see over 8,000 registered attendees, 200 speakers and 65 partners representing 50 countries, the event, which has been held virtually for the past two years due to the Covid-19 pandemic , promises to be bigger and better than ever. It will bring together the brightest tech innovators, influencers and entrepreneurs from around the world, showcasing the capabilities and creativity that are part of a larger tech ecosystem. For Dublin Tech Summit themes, see here.

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Closely related small businesses can be incorporated under the ADA https://dsmkw07.net/closely-related-small-businesses-can-be-incorporated-under-the-ada/ Fri, 29 Apr 2022 07:00:00 +0000 https://dsmkw07.net/closely-related-small-businesses-can-be-incorporated-under-the-ada/ Although businesses with fewer than 15 employees are not covered by federal anti-discrimination laws, including the Americans with Disabilities Act, the United States Court of Appeals for the Ninth Circuit has found that those who are sufficiently linked can be combined to trigger ADA coverage. In Buchanan vs. Watkins & Letofsky, LLP, the employee worked […]]]>

Although businesses with fewer than 15 employees are not covered by federal anti-discrimination laws, including the Americans with Disabilities Act, the United States Court of Appeals for the Ninth Circuit has found that those who are sufficiently linked can be combined to trigger ADA coverage.

In Buchanan vs. Watkins & Letofsky, LLP, the employee worked for a law firm with fewer than 15 employees. When she sued for violation of the ADA, her employer argued that the ADA did not apply because of her size. However, the Ninth Circuit has previously recognized the “integrated business doctrine” in the context of Title VII and the Employment Age Discrimination Act, under which an employee may sue if he can establish that his employer is “so interconnected with another employer that the two form an integrated business” and the integrated business has at least the threshold number of employees (15 for Title VII, 20 for ADEA) . Ruling on this issue for the first time, the Ninth Circuit concluded that the integrated business doctrine also applies to the ADA, which shares the same 15-employee threshold and statutory enforcement regime as the title VII. (We note, however, that the Equal Employment Opportunity Commission has long taken this approach).

To determine whether two employers are sufficiently interrelated, the court considers the following factors: interrelationship of transactions; joint management; centralized control of labor relations; and common ownership or financial control. In this case, the employee alleged that her employer was part of an integrated company with another company. There was evidence that the two companies shared a website and toll-free number, that employees of both used the same email template footer with both offices, and that the two offices shared work operational and administrative, an IRS tax identification number and a list of employees. Additionally, the same two people own both firms, are the sole partners of both firms, and manage both offices, including all major employment matters. Based on this evidence, the Ninth Circuit ruled that a jury could find an integrated company that could be held responsible for the ADA violations.

Thus, owners of multiple small businesses should be aware of the possibility that their businesses may be combined for the purposes of triggering coverage under federal anti-discrimination laws. If they wish the businesses to remain truly separate, they will need to take appropriate steps to establish the independence of each business from the other(s).

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Montgomery Small Companies Fund and Investing for the Longer Term « ROGER MONTGOMERY https://dsmkw07.net/montgomery-small-companies-fund-and-investing-for-the-longer-term-roger-montgomery/ Wed, 27 Apr 2022 20:00:00 +0000 https://dsmkw07.net/montgomery-small-companies-fund-and-investing-for-the-longer-term-roger-montgomery/ Montgomery Small Companies Fund and Investing for the Longer Term We all know that stock markets don’t move in a straight line, and stock markets have for the past two years. Thinking back to some of the major events that investors and stock markets have had to deal with, we can list a global pandemic, […]]]>

Montgomery Small Companies Fund and Investing for the Longer Term

We all know that stock markets don’t move in a straight line, and stock markets have for the past two years. Thinking back to some of the major events that investors and stock markets have had to deal with, we can list a global pandemic, massive monetary and fiscal stimulus in response, lockdowns like never seen before, then reopenings, constraints of supply coupled with high demand, a Russian invasion of Ukraine, maintaining inflationary pressures across the world, rising interest rates and meanwhile businesses are adapting to the changing environment but ultimately try to provide the best products or services to their customers and generate profit growth.

I call this last period two years because the Montgomery Small Companies Fund (the Fund) has been managing client money for quite a bit during this period (inception 9/20/19). What a roller coaster ride this has been. More recently, the Fund has underperformed the S&P/ASX Small Ordinaries Total Return (TR) Index over the past six months by around 9%. The long-term performance is satisfactory as it generated a return of 43.94% compared to the benchmark index of 23.26%, after fees.

However, two and a half years is still not long term and only halfway through the recommended period of five years and more, equity investors should consider holding an investment of this type.

If we look at Figure 1 below, we can see that the Fund’s returns have been strong both in absolute terms and on a relative basis. The comparison chart includes both the S&P/ASX Small Ordinaries TR Index and the commonly known S&P/ASX 300 TR Index, which is the total return (TR) of the ASX’s top 300 stocks with dividends reinvested. Interestingly, the small cap index and the top 300 index showed roughly the same performance over this period.

Figure 1. Total return of $10,000 invested at fund launch (9/20/2019)

These Fund returns since inception have placed it in the top half of all managers in Morningstar’s category group of Australian small and mid cap managers who fall into a “mixed” category, meaning they may have growth and value characteristics. Why this is interesting becomes apparent when we examine Figure 2, which illustrates the returns of both the S&P/ASX Small Ordinaries TR Index and the S&P/ASX 300 TR Index as well as the average manager return from the Morningstar peer group. of Australian small and mid cap mixed managers over a period of 22 years (the longest data available).

Figure 2. Total return of $10,000 invested on return on 04/04/2000

Now it’s important to note that past returns are not a good indicator of future returns and I’m sure the next 22 years will be different, but what is observable is that the average Morningstar Australian category manager Mid/Small Blend has significantly outperformed both the Small Cap Index and the Large Cap Index (S&P/ASX 300 TR Index) over this 22 year period.

In fact, the average manager’s investors in this category earned a 10x return on an investment of $10,000 to achieve a return of $100,672. So while there have been significant market events over the past 22 years, including the most recent difficult six-month period, investors have been well rewarded by their average active manager in this category.

Finally, when we look at the fundamentals of the Fund at the end of March 2022, as shown in Figure 3. We see that the sales growth of our portfolio is almost three times that of the market. Our earnings before interest, taxes, depreciation and amortization (EBITDA) and our net profit after taxes (NPAT) are growing more than four times faster than the market (compared to 1.9 and 1.7 respectively 6 months ago). However, what is more interesting is that our enterprise value and price gains have moved from a slight premium to the market to a discount to the market.

Figure 3. Montgomery Small Companies Fund Portfolio Characteristics

Based on the portfolio measures above, we believe the Fund’s portfolio represents an attractive level of value by its historical standards. Investors can gain exposure to what Montgomery considers a portfolio of growing, quality companies at a price below the market. So even though the portfolio has underperformed the benchmark lately, we see latent value in our underlying holdings, which should provide it with a good opportunity to outperform going forward.


MORE FROM ScottINVEST WITH MONTGOMERY

Scott joined Montgomery Investment Management in 2013. Scott joined the company from BlackRock Investment Management, where he was Managing Director, responsible for retail in Australia for 12 years.

This post was written by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The main purpose of this article is to provide factual information and not to provide advice on financial products. Furthermore, the information provided is not intended to provide a recommendation or an opinion on a financial product. However, any commentary and statement of opinion may contain only general advice prepared without regard to your personal objectives, financial situation or needs. For this reason, before acting on any of the information provided, you should always consider its suitability in light of your personal objectives, financial situation and needs and should consider seeking independent advice from a financial adviser if necessary before making any decision. This post specifically excludes personal advice.

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Half of UK small businesses say rising costs will affect growth https://dsmkw07.net/half-of-uk-small-businesses-say-rising-costs-will-affect-growth/ Sun, 24 Apr 2022 23:04:07 +0000 https://dsmkw07.net/half-of-uk-small-businesses-say-rising-costs-will-affect-growth/ Almost half of UK small businesses have warned that rising costs of doing business in the UK will dampen growth this year, according to a survey by the Federation of Small Businesses. The group, which represents the interests of nearly 5.5million UK small businesses, said operating costs had risen for nearly nine in 10 businesses […]]]>

Almost half of UK small businesses have warned that rising costs of doing business in the UK will dampen growth this year, according to a survey by the Federation of Small Businesses.

The group, which represents the interests of nearly 5.5million UK small businesses, said operating costs had risen for nearly nine in 10 businesses compared to the same period last year.

More than half blamed rising fuel and utility costs, while more than a quarter said tax hikes had started to bite following increases in National Insurance rates and issue of new business rate invoices this month.

The majority of small business owners said they were also operating below capacity due to global supply chain disruption, labor shortages and rising wages.

Small businesses are expected to be particularly hard hit by rising costs, with many operating on consumer-like utility contracts given their size and lack of resources compared to larger competitors.

However, overall confidence remained in positive territory at +15.3 for the first quarter, meaning that more small business owners expected their business performance to improve in the next quarter.

The combination of the pandemic and Brexit has also forced the number of small businesses exporting to a two-year low, with the FSB saying many were considering ‘halting international sales’.

The survey will worry ministers given a wider decline in business confidence across the UK. Officials are hoping for a business-led recovery from the economic woes caused by Covid-19 lockdowns, which have forced many businesses to close for months at a time.

Instead, war in Ukraine, rising inflation and other costs have slowed business activity, with business leaders warning of another lost year for the UK.

Martin McTague, National Chairman of the FSB, said: “The small business community has shrunk in size to the tune of hundreds of thousands during the pandemic. With the current drop in Covid numbers, this summer must be when we start to reverse that trend – policymakers should do all they can to facilitate and encourage start-ups and side hustles.

The FSB surveyed 1,211 small business owners and sole traders in March and April 2022.

Overall optimism was bolstered by the recovery of businesses in the accommodation and foodservice sectors, to +16.5, which are finally able to trade freely after the relaxation of travel and lockdown rules. Information and communication companies, at +32.1, were the most confident, with many adapting quickly to hybrid working and the growing need for digital services.

But the overall confidence figure was down 12 percentage points from the same time last year. Among the most negative were manufacturing, wholesale and retail businesses given rising operating costs, supply chain disruption, labor shortages and declining consumer confidence.

A fifth of small business owners said they would increase their workforce in the coming months, but around two-thirds said they had already been forced to raise wages – a two-and-a-half-year high.

One in eight small exporters said they had temporarily or permanently halted sales to the EU, and a further 9 percent were considering doing so.

“As things stand, spiraling costs are eroding small business margins at a rate many have never experienced before, while absences from the workplace make it difficult to operate at full capacity in a market tense work,” McTague said.

“At the same time, new red tape and supply chain disruptions are weighing on our importers and exporters, and an endemic culture of poor payment continues to destroy thousands of people every year.”

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BUSINESS BOOST: Three Rivers Council offers small businesses membership in fully funded business program https://dsmkw07.net/business-boost-three-rivers-council-offers-small-businesses-membership-in-fully-funded-business-program/ Thu, 21 Apr 2022 19:07:00 +0000 https://dsmkw07.net/business-boost-three-rivers-council-offers-small-businesses-membership-in-fully-funded-business-program/ Three Rivers District Council (TRDC) has announced plans to help boost small and medium-sized businesses in Chorleywood and other places in the region by funding free membership to the Federation of Small Businesses (FSB ). The decision was made as part of the council’s ongoing measures to help local industry recover from the effects of […]]]>

Three Rivers District Council (TRDC) has announced plans to help boost small and medium-sized businesses in Chorleywood and other places in the region by funding free membership to the Federation of Small Businesses (FSB ).

The decision was made as part of the council’s ongoing measures to help local industry recover from the effects of the COVID-19 pandemic and lockdowns, with memberships being allocated on a first-come, first-served basis.

Joining the FSB makes businesses eligible for a wide range of benefits to help them thrive, including a platform for funding, advice and job protection, debt collection and a medical helpline .

There’s also an award-winning legal advisory team on hand, and they offer businesses a range of events and networking opportunities to help them extend their reach.

Geof Muggeridge, director of community and environmental services for Three Rivers District Council, said: “We want to do everything we can to help small businesses in Three Rivers grow and thrive in the months and years to come. to come.

“Small businesses form the heart and soul of our communities, and we want to do everything we can to ensure they are able to grow and thrive. This new program is another example of this council’s commitment in this regard.

To inquire about joining this new scheme, please email the FSB Membership Adviser at paul.randell@fsb.org.uk, and for more information visit www.threerivers.gov.uk /egcl-page/business-grants-and-funding.

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New Study Shows Section 230 Protects Small Businesses Much More Than Big Businesses https://dsmkw07.net/new-study-shows-section-230-protects-small-businesses-much-more-than-big-businesses/ Mon, 18 Apr 2022 22:37:00 +0000 https://dsmkw07.net/new-study-shows-section-230-protects-small-businesses-much-more-than-big-businesses/ of section-230-help-everyone department We have tried to make this point many times before. A few months ago, I wrote an in-depth post in response to a famous economist who kept insisting that repealing Section 230 would hurt Facebook, that the reality is the opposite. If you understand the mechanisms by which Article 230 Actually works, […]]]>

of section-230-help-everyone department

We have tried to make this point many times before. A few months ago, I wrote an in-depth post in response to a famous economist who kept insisting that repealing Section 230 would hurt Facebook, that the reality is the opposite. If you understand the mechanisms by which Article 230 Actually works, the key is that frivolous and unnecessary lawsuits are kicked out of court much sooner – when the costs are still intense, but more bearable. Without Section 230, the end result of the court case might be the same – where the company wins – but the costs would be much, much higher. For Facebook and Google, it won’t make a huge difference. But for small businesses, it can mean the difference between life and death.

Fortunately, there is a new study that goes very in depth on this point and comes to the same conclusion. This new report Understanding Section 230 and the Impact of Litigation on Small Suppliers, from Elizabeth Banker to the Chamber of Progress is really, really good. It opens with a quick case study that brings out the key point:

Take the story of Allnurses.com for example: In 2014, a company offering test prep classes for nursing students sued an online forum called Allnurses.com (allnurses®) for allegedly defamatory posts by students discussing the merits of nursing test prep options.

In 2020, after six years of litigation, the Eighth Circuit Court of Appeals upheld Allnurses’ Section 230 immunity. Is it a victory? In a blog post announcing the Second Circuit’s decision, Allnurses.com wrote, “Even though we won (successfully defended) the case, this long, drawn-out, groundless lawsuit resulted in enormous mental anguish and enormous legal costs.”

There are many cases like this. We talked about Veoh, an early YouTube competitor that was funded and founded by Hollywood insiders, but was killed by lengthy lawsuits, which it eventually won, but the company was already dead by the time where it happened. That was in the copyright context, but we’ve seen other things in the 230 context as well. One of the most famous Section 230 cases was the Roommates.com case, in which the company was stripped of its immunity under section 230 for some parts of the trial (other parts were protected by 230). In the (very, very) long term, the housemates actually won the case. The same was true for another infamous Section 230 case, involving Malwarebytes. For some stupid reason, Malwarebytes wasn’t allowed to use Section 230 to get the case kicked out early, so it just went on and on… and eventually Malwarebytes won. But only after eating a ridiculous amount of time and money.

At least these companies survived. Many others are not so lucky. As this new report notes:

Most small businesses or individuals experience a lawsuit brought against them as an existential threat with profound emotional, financial, and opportunity costs. This can lead to worry about losing one’s livelihood and ability to support dependents or continue to pay employees. Small suppliers and individuals may face tough choices, such as getting a second mortgage or dipping into their savings to pay legal bills. Even getting a loan can be difficult, as being a party to a lawsuit must be disclosed on personal and business loan applications and can result in a loan being denied due to concerns about repayment capacity. A small business owner or individual must worry not only about funding a defense against a lawsuit, but also about the risk of compensation for damages against them, which could put assets like a home at risk. , cars, funds for children’s colleges and other savings accounts.

While defending a lawsuit, a business also misses important opportunities such as business expansion; the purchase of the necessary infrastructure; and attract investment, new customers, employees or partnerships with other organizations. Defending the suit will also take a long time
consulting lawyers, appearing in court and gathering information – all of which distracts from business as well as family and other obligations. In other words, when the business needs revenue and leadership the most, they may be the scarcest.

Most small businesses are uninsured because liability insurance is not a realistic option. Beyond an initial price that may be out of reach for small providers, insurance is likely to have a high deductible that must be paid out of pocket (in addition to premiums) before insurance coverage does not apply. Even with insurance, there is a risk that the insurance company will dispute a specific claim if, for example, it was submitted improperly. And finally, if the company has already been sued once, it may not be possible to get insurance or the conditions may be so bad that it’s almost as if you weren’t covered by insurance at all. .

As someone who has unfortunately been the victim of multiple lawsuits, all of the above is both true and hardly ever spoken anywhere (apart from the times when small business owners sympathize over drinks). As the report notes, large companies do not face the same risks at all.

On the other hand, large companies are less affected by lawsuits. The business may already have: 1) lawyers ready to deal with litigation (allowing the business to continue with minimal disruption); 2) insurance coverage that can offset the cost of a defense, settlement, or compensation for damages; and 3) sufficient revenue and cash reserves for most cases to be considered a cost of business rather than a cataclysmic event.

Fortunately (and helpfully!), the report lays out some of the costs for small businesses facing these lawsuits. In the United States (unlike many other countries!), our legal system operates where everyone pays as they please. That is, if you bring a frivolous case, you are still going to cost the defendant a lot of money to defend that case. This is what we are talking about when discussing SLAPP suits where the goal is simply to cost the defendant money (and mental energy), rather than winning the actual case. Removing section 230 would make SLAPP suits much more effective because they would cost much more.

Of course, a good thing about some applicable anti-SLAPP laws some states is that some of them allow a defendant in a SLAPP to demand that the plaintiff pay his legal costs. But, even then, it covers only part of the actual costs, and the courts regularly reduce the amount awarded below the actual costs. The report notes that in the AllNurses case (mentioned above), the company asked for $130,000 for costs associated with the discovery, but the court only awarded $18,000 saying they could have done cheaper discovery.

The costs of these lawsuits add up extremely quickly, with no chance of recovery.

The document also examines ways to solve some of these problems – obviously starting with keeping article 230 in place because of how much it helps protect against those frivolous lawsuits dragged to the point of destroying small businesses.

Other suggestions are to make the courts more open to the idea of ​​imposing penalties on those who sue abusively – something that judges have in their power but use very, very rarely, and when they use it, it’s usually only in the most extreme circumstances. (and often after several warnings).

But the paper also rightly notes that the best solution is to couple section 230 with strong and robust anti-SLAPP laws because the combination of the two protects small businesses and free speech from abusive and tax-based litigation.

These are issues we have written about here for years, and who often seem extremely misunderstood by critics of big tech companies. For some reason, they seem to think that because Section 230 provides certain benefits to large corporations, the way to punish those corporations is to remove Section 230. However, as this report (and so many other things), the real victims will be small businesses, which will be the target of abusive litigation.

Filed Under: abusive litigation, anti-slapp, free speech, litigation, section 230, botched lawsuits

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Overton Business Association will hold monthly networking sessions to support small businesses https://dsmkw07.net/overton-business-association-will-hold-monthly-networking-sessions-to-support-small-businesses/ Mon, 18 Apr 2022 04:00:00 +0000 https://dsmkw07.net/overton-business-association-will-hold-monthly-networking-sessions-to-support-small-businesses/ A BUSINESS association has announced plans for monthly networking meetings for small businesses. At a workshop in March, the Overton Business Association (OBA) called on representatives from businesses, sports groups and churches to explore opportunities for better networking. Sponsorship of local events and potential collaborations were also discussed. OBA committee member Martin Fielder said: “Overton […]]]>

A BUSINESS association has announced plans for monthly networking meetings for small businesses.

At a workshop in March, the Overton Business Association (OBA) called on representatives from businesses, sports groups and churches to explore opportunities for better networking.

Sponsorship of local events and potential collaborations were also discussed.

OBA committee member Martin Fielder said: “Overton has always had a strong community spirit and the OBA is committed to supporting all efforts to keep it alive.”

READ MORE: Andover Gin Palace’s Kate Griffin joins Andover BID Board

The OBA has since discussed other plans at a general meeting held on April 5.

Topics included how to provide work experience for students at Testbourne Community School, with the employment of locals seen as a high priority.

The OBA plans to hold monthly networking meetings: the first will be on May 5 at 7.30pm at the Red Lion Pub, Overton.

All Overton and area businesses, members or not, are welcome.

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5 Reasons Small Businesses Buy Clearance Pallets https://dsmkw07.net/5-reasons-small-businesses-buy-clearance-pallets/ Wed, 13 Apr 2022 13:41:45 +0000 https://dsmkw07.net/5-reasons-small-businesses-buy-clearance-pallets/ A liquidation is a well-known approach to eliminating unwanted items in retail businesses. They are usually high quality products that were returned quickly after purchase. In addition to these closeouts, old shelf products, refurbished products and other comparable things may be included. Pallets are a wonderful technique to acquire cash cheaply. Small businesses that buy […]]]>

A liquidation is a well-known approach to eliminating unwanted items in retail businesses. They are usually high quality products that were returned quickly after purchase. In addition to these closeouts, old shelf products, refurbished products and other comparable things may be included.

Pallets are a wonderful technique to acquire cash cheaply. Small businesses that buy liquidation pallets can see their profit margin increase many times over. Wholesale liquidators who carry the most in-demand items and a wide assortment will usually have the most popular products and the widest selection, which can help your business grow. Buying liquidation pallets can also help your small business in the following five ways.

1. Secure and Convenient Provisions

Purchasing clearance pallets can save you a lot of time compared to sourcing products from multiple vendors. You’ll also save on shipping costs as most liquidators offer free shipping.

When you buy products wholesale, the costs are often inflated for various intermediaries between them. On the other hand, liquidated items tend to have only one link and no middlemen. The most effective liquidation sites are in direct contact with the biggest name in the market.

A clearance sale is simply the quickest approach for these businesses to obtain excess inventory or clearance products. Liquidators simply act as connectors, connecting you with the biggest discounts on well-known items.

2. Build your inventory quickly

Small businesses often have a limited budget for inventory. Buying pallets on clearance can help you build inventory quickly at a fraction of the cost of buying new products and if you are looking to buy pallets on clearance be sure to visit the stores at LearnLiquidation.com.

Liquidating items is becoming more and more common. Online auctions for goods sold are the most frequent case, with online auctions for goods sold being the most frequent form. Most national companies donate excess inventory to Internet sellers to save money. As a result, these stores are regularly replenished with new items. Small businesses can easily buy branded products

This inventory is available in full loads, pallet lots and various measures. Clearance stores also make frequent discounts. Additionally, the larger wholesale clearance firms will frequently include you on their list so you’ll be notified when a sale is announced.

3. Get products at a fraction of the cost

You can often save a lot of money when buying pallets for clearance. This is because traders want to get rid of these items as quickly as possible and they are not concerned with making a profit.

Buyers are likely to pay less for goods when they come from a local store, have direct business contact, or use more efficient shipping methods. Lower prices for the items you buy are just one of the many benefits of shopping at a local store. Customers will always choose you as the cheapest and most accessible option, even if you increase costs by

There are no products on this list that have been purchased or require further promotion. As a result, retailers only distribute them at the lowest price allowed in order to make room for new brand items. They are not totally sold out due to poor quality or defects.

4. Get a variety of products

Clearance pallets often contain a mix of products from different categories. It can help you stock a variety of products in your store and offer something for everyone.

Semi-liquidated assets are often in their most complete state. They are simply abandoned or sought after, and they almost always have a price. People who buy items directly from reputable vendors can still get faulty, broken, or substandard products whether they buy online or in person.

It is not uncommon for a company to liquidate its inventory. This is possible when you have liquidated products; but, as with any type of transaction, there is a danger! Liquidated goods are often produced by well-known brands.

5. Customers will prefer your site if it’s more compelling

Most people are blissfully unaware that many small businesses use liquidated items to operate. This can be used to increase your brand visibility on search engines by giving it a distinct design that no one else has.

If you’re competing in a crowded marketplace, offering it upfront can help you stand out and attract new consumers. However, you need to make sure that your customers can trust you and the items you provide. Price is often associated with speculation about product performance.

Conclusion

Buying supplies from a clearance store is a great way to get great deals on high-quality products and if you want to learn more about these stores, you can find them here. link. The customer has access to cheap, big-name items, and the store owner empties his inventory to make room for new merchandise.

The list above presents the top five most obvious reasons why small businesses acquire liquidation pallets to improve their business performance. There are a variety of alternative methods and tactics for marketing closeout items that can be used to maximize revenue in other ways. Read our other articles on this topic and find more useful information.

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On the listing of SMEs and other small businesses – BR Research https://dsmkw07.net/on-the-listing-of-smes-and-other-small-businesses-br-research/ Wed, 13 Apr 2022 03:03:14 +0000 https://dsmkw07.net/on-the-listing-of-smes-and-other-small-businesses-br-research/ The Securities and Exchange Commission of Pakistan (SECP) has relaxed the eligibility requirements for investors in GEM board companies. A GEM board allows companies that do not meet PSX’s direct listing requirements to raise funds (through an IPO) from investors with fewer restrictions. These companies can be startups or other companies with high liquidity and […]]]>

The Securities and Exchange Commission of Pakistan (SECP) has relaxed the eligibility requirements for investors in GEM board companies. A GEM board allows companies that do not meet PSX’s direct listing requirements to raise funds (through an IPO) from investors with fewer restrictions. These companies can be startups or other companies with high liquidity and investment risk compared to mature companies on stock exchanges.

SECP – earlier towards the end of 2021 – officially launched the Global Enterprise Marketplace (GEM) Boards to enable small and medium-sized enterprises (SMEs), green field projects, non-profit organizations and other companies to raise capital via the capital market but who do not meet the onerous requirements for listing on the main PSX board.

The main objective of this decision was to provide a regulatory environment conducive to small businesses and equity listing than the main advice. Its main conditions included a public limited company to have audited accounts for the last two financial years with paid-up capital after issuance of at least Rs 25 million. Also, the minimum entry fee has been set at Rs50,000 vs. Rs200,0000 on the main PSX draw. Other incentives for small businesses to list and raise funds in the capital market have been the relaxed post-listing requirements of the GEM Board, such as submitting a semi-annual progress report to the instead of a quarterly report.

The recent easing comes from the regulation of net assets by investors. Previously, investors had to have Rs 5 million of “net assets” to invest in GEM-listed companies, which involved reporting as well as verification by the broker. The changed condition is now that there is no need for broker verification anymore. In addition, “Net Assets” (also referred to as Net Worth) of Rs.5 million is replaced with “Assets” worth Rs. debts.

While the concept of eligible investor was introduced to address liquidity constraints, the GEM board since its inception has only been able to list a few companies with annoying trading volumes. It is hoped that the relaxation of investor eligibility (as outlined above) will create much needed liquidity. It is reported that 5 more companies have applied to be listed on the GEM board.

The global example of the GEM board in Hong Kong is not inspiring. While Pakistan’s GEM council is still in its infancy, some reading of what is happening in Hong Kong can be taken here. The fate of the GEM board launched in Hong Kong some 22 years ago has been plagued with scandals. New York’s NASDAQ-style financial center did not attract trading activity and returns were negligible. Why? Investors blame liquidity issues and a lack of sell-side research. So far in 2022, there have been no GEM board registrations in Hong Kong, with only one registration in 2021. Experts say where there is a conflict of interest: where GEM’s board aims to provide a platform for small businesses with “relatively low quality”. financiers to list, investors are looking for companies with high quality financiers. The Board of GEM in Pakistan also identifies eligible investors as all institutional and individual investors registered with NCCPL who have financial strength or expertise. Are these investors ready to invest in small businesses?

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