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PMA Business Focus
Oct. 30, 2008
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6Sight® Future of Imaging Conference Announced
from PMA
More than a conference, the 6Sight® Future of Imaging Conference is an experience that examines the technology breakthroughs that are changing how people communicate visually – at work, at home, and in communities – and transforming how imaging companies will do business in the coming years. 6Sight attendees preview demonstrations, in some cases for the first time in public, of the most impactful innovations in imaging and interact with their developers, top media, analysts, and fellow executives. More

Mitsubishi Imaging

Retailers Plan Strategies, Embrace Layaway
from The Pasadena Star-News
Tightened credit markets, layoffs and a meltdown in the nation's housing and financial sectors have created a lot of uncertainty for consumers. But one thing's clearly certain - this holiday shopping season is not going to be pretty for retailers. A new report by Deloitte & Touche offers a grim prediction of what's to come. With the economy weighing heavily on their minds, many Americans are planning to spend less and shop differently, according to DeLoitte's 23rd annual Holiday Survey of retail spending and trends. Fifty-three percent of consumers who were surveyed expect the economy to weaken next year, up from 43 percent last year. "Retailers are grabbing onto the rails and holding on for dear life," said Richard Giss, an equity analyst with DeLoitte. "And you're seeing more and more of them turn to something that used to be a staple but hasn't been used in years - the layaway." More

Small Business Tips for a Challenging Economy
from The North Florida News Daily
As the world's economy becomes more and more challenging, small business owners need to find ways to keep their business afloat. Here are some tips to maintaining good customer relations while managing the bottom line. More

Social Networking Gaining Business Credibility
from The New York Times
Use of social networking sites such as Facebook, LinkedIn and YouTube is widespread in business today, along with instant messaging, peer-to-peer file-sharing and media streaming, according to new research. Market research firm NewDiligence surveyed 527 end users and IT managers and found about 60 percent of respondents use social-networking sites at work, while 85 percent use instant messaging and media, including streaming audio and video. More

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  • Shifting Into Cost Cutting Mode
    from Business Week
    Many small business owners may soon find themselves in a difficult situation, with rising costs and stagnant sales in a sour economy. Recent surveys of economic trends by the National Federation of Independent Business found weak levels of capital spending over the past six months. And in its latest survey, conducted in September, just 21 percent of respondents expected to make capital purchases in the next few months. The survey also found businesses reducing inventories, with a net 12 percent cutting stock rather than adding. Still, by recognizing the problem early and making moderate reductions, small firms can avoid more severe cuts later on, financial experts say. Companies that ignore warning signs can erode their profits with rising costs, and those that borrow to meet those costs can wind up insolvent. More

    Small Business Tax Help
    from The Wall Street Journal
    Joe the Plumber and his tax worries have suddenly become a major feature of the campaign. But from the sound of things Joe doesn't need a new president; he needs a new accountant. The reason? The tax code already contains some incredible deals for small business owners and independent contractors. Of course he'll also be able to write off a lot of business expenses. But that's just the start.Special plans like SEP IRAs, self-employed or "solo" 401ks, and defined benefit pensions let the self-employed slash their taxable income still further and save the money in a tax-deferred retirement account each year.We're not just talking to the $15,500 limits available to ordinary folk working for a salary. We're looking at limits of $46,000 or more. More

    Fuji

    Unleashing the Genius in Your Workforce
    from BusinessWeek
    Stephanie Chick is a colleague and friend whose personal mission is to help corporate employees unleash their personal genius inside the workplace and beyond. While she has specialized in the area of African-American women, her thoughts apply to a wide range of employees. Recently, she had an insightful discussion with BusinessWeeks’s Marshall Goldsmith on why unleashing employee potential is critically important in today's challenging business environment. More

    How Retailers Can Make the Best of a Slowdown
    from Forbes
    Downturns are tough on retailers. Recent McKinsey research indicates that during the last two recessions (1990 to 1991 and 2000 to 2001), growth slowed for nearly every retail sub-sector in the U.S. Ninety-three percent of the retailers surveyed that existed during both downturns experienced slowing revenue growth in one of them, and 59 percent endured it in both. These downturn dynamics--declining sales followed by a sluggish recovery period--mean retailers should move quickly to minimize performance deterioration. The challenge, of course, is that retailers have a large number of options to sort through, ranging from cutting costs by shutting stores or restructuring support functions, to increasing revenue by refreshing stores or overhauling promotions. More

    Some Tips for Surviving Online Retail
    from Ecommerce Journal
    The Internet has opened up information sharing in unprecedented and ever-expanding ways. This new world is great for creativity and communication, but it's also brought intellectual property rights into question. It's vital that online retailers understand intellectual property law so that they don't find themselves infringing on others' rights and possibly facing lawsuits and fines. With that in mind, here's an introduction to intellectual property law for e-tailers who want to stay legal. More





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