Money Matters - Simplified

Ishita Sood's blog

Use of Social Networking Sites for Business

Since there is a lot of buzz about social networks these days, business owners must be quick and join a network pronto, and not just for socializing.

The common belief for such sites is that they are mainly focused to create online friends and develop relationships. However, that is not true. Facebook, MySpace, Twitter, Spoke, and LinkedIn etc. are also designed for business owners.

Tips on Blog Writing

Blog writing is one of the most upcoming styles of writing these days. A blog gives a chance to write whatever you want in your own special way. With a blog, you can make your voice easily heard. Blogs give web presence to the blogger and greatly help in interaction.

Blog writing is not specific to any topic. One can talk about just about anything under the sun. Blog is an informal way of writing, like a conversation put into writing.

I would recommend a few tips for starters to keep in mind while blogging.

Interview Tips for Employers

An interview offers an opportunity to evaluate and know about a prospective employee. It helps to explore a potential candidate’s motivation level, ability to work in a team, and other personal traits.

Every business should know what it wants from a prospective employee and conduct interviews accordingly. I would suggest a few points here which must always be kept in mind.

It is a good idea to be prepared before interviewing any shortlisted employee. Keeping the interviews on the same day is a good idea as it saves lot of time and effort.

New Year Resolutions for Entrepreneurs

New Year is a great time to start afresh, and as an entrepreneur, it is vital to set goals and make resolutions for the year ahead.

Since the responsibility of business falls on you, the entrepreneur, I would suggest starting the year by creating and refining goals. Also, reminding yourself of the existing business goals and objectives constantly is a good way to align your thoughts and actions.

Boeing 787 Dreamliner Makes Makers Proud

Boeing 787-8 Dreamliner took the much anticipated flight in Seattle earlier this month.

A midsized wide body aircraft developed by Boeing Commercial Airplanes, Boeing can seat approximately 330 passengers. Boeing 787 model is said to be the most fuel-efficient commercial aircraft of the world till date.

The airlines made history when 840 of its aircrafts were ordered by 54 customers around the world, making it the fastest-selling new commercial jetliner.

Volvo Goes to Geely

Ford announced this week that it would be selling its Swedish brand Volvo to Chinese automaker Geely, emphasizing China’s growing hold in the global auto industry.

Ford confirmed its terms with Zhejiang Geely Holding Group Co. Ltd., and said that all “substantive commercial terms” have been settled. Now all that is left is a sales agreement, which is expected to be signed in the first quarter of 2010. The final closing of the deal is expected for the second quarter.

Employee Retention Amid Recession

While a small business, seeing red in the recession, might already be shortlisting the dubious employees and making plans accordingly, these are actually the best times to strengthen relationships with employees.

The recession is a time of mounting unemployment, mourning workers, costly training and low profits—a time when employee retention is of critical importance.

Cash for Clunkers Boosts Q3 GDP Growth

The third quarter GDP result is out, and even though figures are not that impressive, they are definitely positive compared to the previous four negative quarters.

GDP growth in the third quarter stands at 2.2 percent, to which the maximum contribution came from the Cash for Clunkers program.

Also known as the Car Allowance Rebate System, the Cash for Clunkers is a $3 billion federal program given to the U.S. residents for purchase of new and efficient vehicles.

Q3 GDP growth falls to 2.8%. Is recession really receding?

The U.S. economy is not recuperating as fast as it was supposed to said a report by the Commerce Department Tuesday.

Gross Domestic Product --the total value of goods and services in the economy for the third quarter is reported to be only 2.8 percent compared to 3.5 percent for July-September.

Hershey and Ferrero eye Cadbury, lack dough

Just when Kraft Foods was in the hope of capturing Cadbury, an obstruction came in its way, in the form of Hershey Co. and Ferrero International.

Both the companies recently confirmed that they were now in line to make offers for the $16.7 billion bid and give competition to Kraft.

The news bought fresh optimism in the share market raising the price of Cadbury shares by 1.2 percent. Shore Capital’s Darren Shirley says, “There’ll be plenty of ups and downs for Cadbury’s shares over the coming months.”