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5 Black Friday Strategies for Retailers

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Not all stores have the same Black Friday Strategies. Learn how Walmart, Target and chain stores like Foot Locker are tackling this holiday season. Retailers are facing a tough holiday season this year. With expanded Internet sales and economic uncertainty on the minds of consumers, it's difficult to gauge which sales strategies will work best to maximize sales. In the process of trying to determine which is the best approach, you can see what top retailers are doing. Some retailers, like … [Read more...]

Accelerate Growth by Scaling Your Business

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Before scaling your business, it's important to ask yourself these two questions to ensure that your business is scale-... Before scaling your business, it's important to ask yourself these two questions to ensure that your business is scale-ready and scale-worthy: Have I identified a problem worth solving? Is there demand for a solution to this problem? If the answer is yes to both, then you need to ask how you can grow your company quickly and profitably. Scaling your business –which … [Read more...]

What It Takes to Get Funding in this Economy

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Finance expert Mike Periu on a valuable resource to get funding your small business. Dun and Bradstreet Credibility Corp. recently held the first ever "Access to Capital" event in Los Angeles, which brought together hundreds of small business owners, lenders, venture capitalists, angel investors and others. The event included panel discussions on traditional lending, alternative funding and crowd funding. It also included panel discussions with funded entrepreneurs. A summary of the key … [Read more...]

Turn European Economy Around

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Finance expert Mike Periu on the European economy's financial health. The One Person Who Can Turn European Economy Around. The Eurozone economy, which includes Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain, is once again in recession after the GDP shrank last quarter by 0.1 percent. While France and Germany still managed to squeeze out tiny economic growth, it wasn't enough to … [Read more...]

Why Small Manufacturers Must Prepare for Sequestration

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Finance expert Mike Periu on how small manufacturers mush prepare for Sequestration and the financial Impact on them. Small Manufacturers must Prepare for Sequestration, It will lead to $1.2 trillion in spending reductions beginning in January, with half of that coming from the defense budget. According to National Defense Magazine, military spending is expected to decrease by nearly $500 billion over the next 10 years. This doesn't include the impact of Sequestration, which is an automatic … [Read more...]

How Fiscal Cliff Negotiations May Impact Housing

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Finance expert Mike Periu on the potential for big changes to the housing marketing. Cliff Negotiations May Impact Housing. If Congress and the President can agree to a fiscal cliff compromise, it is almost certain that changes impacting the housing market will be a part of the deal. It's likely that the Mortgage Interest Deduction will be scaled back significantly or even eliminated entirely, making homeownership more expensive and less attractive compared to renting. However, it could also … [Read more...]

The Increasing Probability of a Recession

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Finance expert Mike Periu on the increasing probability of a recession. Jeremy Piger, Associate Professor of Economics at the University of Oregon, has developed a new model for determining the probability of an impending U.S. recession. The Federal Reserve Economic Dataset (FRED) has added Piger's model to its information database. The model looks at four variables: non-farm payroll employment, the index of industrial production, real personal income excluding transfer payments and real … [Read more...]

Small-Business Owners: What to Expect in the Next Four Years?

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Finance expert Mike Periu on the financial challenges that may lie ahead for small-business owners. What to Expect in the Next Four Years? The next four years may prove challenging for small-business owners. According to Dr. Jeffrey Cornwall, the Jack C. Massey Chair in Entrepreneurship and Director of the Center for Entrepreneurship at Belmont University in Nashville, Tenn, it is a near certainty that taxes on small businesses will increase. This includes the potential approval of a Value … [Read more...]

Framework for Fiscal Cliff Compromise

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Finance expert Mike Periu on the framework for fiscal cliff compromise that is already in place. In mid-2011, Republican Speaker of the House John Boehner and Democrat President Barak Obama were negotiating a deficit reduction. While that negotiation ultimately failed, the terms of that deal could serve as a starting point for negotiations on addressing the fiscal cliff. In that potential deal, both sides had agreed to a tax increase as well as spending cuts. Also on the table were changes to … [Read more...]

Leading Investor Offers President Economic Turnaround Plan

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Finance expert Mike Periu on Pimco's Mohamed El-Erian's open letter to President Obama to offer Economic Turnaround Plan. November 07, 2012 Mohamed El-Erian, CEO and Co-Chief Investment Officer of the Pacific Investment Management Company or PIMCO, which oversees over $1.8 trillion in fixed income investments, has some advice for the President. El-Erian, a well-respected investor and analyst, has published an open letter to the President offering a four-point plan to turn the economy around. … [Read more...]