Business News - Part 2

Study: Safety system can prevent low-speed crashes

WASHINGTON (AP) — Technology may be providing a cure for that bane of commuting drivers, the rear-end collision in bumper-to-bumper traffic, according to an auto insurance industry-funded study released Tuesday.

The study by the Highway Loss Data Institute found that 2010 Volvo XC60s outfitted with a standard collision avoidance feature called City Safety are far less likely to be involved in low-speed, front-to-rear crashes than other mid-sized SUVs without the system.

Insurance claims that pay for damage to vehicles hit by an at-fault driver were filed 27 percent less often for the XC60 than comparable vehicles, the study said. B

Jul 20, 2011

Posted by Elizabeth Hernandez | No Comments »
Tags: Study, Study Safety

How to Overcome Objections in Your Sales Meetings

Business-to-business (B2B) is the sales paradigm in many small companies. Rather than selling directly to the end consumer, your services or products are bought by other businesses. In most cases, this is where one-on-one sales strategies take place.

Imagine you are in a meeting with one of the biggest clients you have ever tried to woo. Your sales pitch and presentation were spot-on. You clearly defined the benefits and features of your product or services. You even presented real case studies and previous client exultations. You are ready to get this deal!

Jul 20, 2011

Posted by Elizabeth Hernandez | No Comments »
Tags: Sales, Sales Meetings

Smaller Start-ups Slowing Job Growth

Xconomy reports that start-ups in the U.S. are hiring fewer people, substantially slowing the growth of new jobs.

Many American see their country as exemplifying the entrepreneurial spirit and, while many countries certainly see the same drive from their people, start-ups have accounted for a substantial portion of America’s economy and particularly long-term jobs growth. Moreover, a new report from the Kauffman Foundation attributed job growth in the U.S. entirely to start-ups.

However, the report also notes that the number of jobs per start-up has fallen dramatically to 4.9 per company from 7.5 per company in the 1990s. Read more…

Jul 18, 2011

Posted by Elizabeth Hernandez | No Comments »
Tags: Growth

Debt worries drag down the stock market

NEW YORK (AP) — Not even a strong string of earnings reports could stave off worries about debt on Monday.

Europe’s banking troubles and an impasse over lifting the U.S. government’s borrowing limit helped drag down stock markets in the U.S. and Europe. The worries also sent gold prices to a record high before accounting for inflation.

The S&P 500 index dropped 11 points, 0.8 percent, to 1,305 in afternoon trading. The index had been down as much as 1.5 percent earlier. The Dow Jones industrial average fell 96 points, also 0.8 percent, to 12,383.

The Nasdaq composite fell 32 points, or 1.2 percent, to 2,758. Frenc

Jul 17, 2011

Posted by Elizabeth Hernandez | No Comments »
Tags: Worries, Worries Drag

Spotify Challenges Pandora in the U.S.

Less than one month after personalized radio site Pandora conducted its initial public offering, the online music market has gotten a good deal more competitive. Wired reports that European music streaming site Spotify has finally made its U.S. launch, after two years of planning.

Like Pandora, Spotify offers free music streaming on a variety of platforms supported by ads, with the option to pay $5 per month to avoid them or $10 to add features like offline storage.

Pandora, however, only allows a limited amount of control over the music being heard, instead using a recommendation engine to create personalized radio stations, while Spotify allows users to listen to any song in its library as desired.

Spotify also allows unlimited monthly listening, compared to 40 hours free per month on Pandora.

While immensely popular in Europe, Spotify took some time to migrate to the U.S. Read more…

Jul 16, 2011

Posted by Elizabeth Hernandez | No Comments »
Tags: Pandora

How to Answer the Legal Counsel Question

Every small business has a need for legal counsel. Sometimes it’s just a simple need to review and help negotiate a commercial lease or draw up a partnership agreement. However, what if you operate a business that needs a little more legal help? Having access to qualified and adequate legal counsel should be a priority because without it, you could face serious liability and even lose your business.

Here are some good reasons to hire good legal counsel and avoid going out of business:

Litigation – In this litigious society, people want to blame someone else for their troubles. B

Jul 11, 2011

Posted by Elizabeth Hernandez | No Comments »
Tags: Counsel, Legal Counsel

Insurance Info Store

Study: Safety system can prevent low-speed crashes

How to Overcome Objections in Your Sales Meetings

Smaller Start-ups Slowing Job Growth

Debt worries drag down the stock market

Spotify Challenges Pandora in the U.S.

How to Answer the Legal Counsel Question

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