; charset=UTF-8 Business Opportunities Weblog European Business Leaders Call For A Simplified Patent Process Posted: 28 Mar 2008 01:30 AM CDT ITNews: Europes 500, the association of the European top growth companies, calls upon the European Commission and the Member States to introduce a simplified central patent application process for the EU. At present, inventors in Europe are required to complete 27 separate registration processes in many languages across the EU27 and the cost of obtaining approval for a single patent can be as high as EUR150,000. In sharp contrast, the same inventor wishing to apply for a patent in the United States of America can do so with just one application at a cost of approximately US$5,000. This patent is then guaranteed protection throughout the United States. Patent applications in Europe are a particular problem for small and medium-sized enterprises and independent inventors who comprise 60 to 70 percent of all EU patent applications. The numerous filings and the cost involved prevent these innovative employment generating firms from developing their businesses and strategic partnerships throughout Europe. In practice most patents are only applied in one or two countries as it is very difficult to fund the European roll-out of new start-up technologies or products within the short time period in which it is allowed to apply in other countries based on the original countrys approval. One of the consequences of the current system is that there are 50 percent fewer new European patents - key drivers of innovation and growth. This comes at a time when it is widely accepted that the European economy must develop from an industrial to a economic model. Criticism is often heard whenever private equity firms become involved with the funding and enforcement of patents. However, private equity can be instrumental to protect smaller companies intellectual property against predatory behaviour by much richer big companies. In such a situation, the new trend for private equity firms to back intellectual property could lead to higher rewards for the owners of the intellectual property, which will ultimately attract more innovative activity, inventors and engineers - Innovation braucht Lohn. The lack of innovators and engineers in various crucial economic sectors is a serious threat to European We can only hope that private equity support will result in a greater respect for IP in the future and innovation efforts will attract more talent as young people see a promising career and financial rewards in IP. In order for Europe to grow successfully, we must focus policy on innovation and engineering. By adjusting the patent process for people in European countries, as well as the cost, more people would be willing to take that step to patent new great inventions and creations which in turn could help create new business opportunities for these people. Image from Stock.xchng. Big Winner Could Be Small Biz Posted: 27 Mar 2008 01:55 PM CDT The New York Times: Businesses, large and small, will be directly helped by the new economic stimulus legislation passed by Congress. But small businesses, in particular, may get the biggest lift indirectly Б=80=94 from consumers spending their tax rebates. The $168 billion measure, which was approved by both houses of Congress with uncommon swiftness, includes rebates for taxpayers and incentives for businesses, all intended to bolster the sagging economy. Bars, restaurants and other retailers are counting on increased business from consumers who will start getting their tax rebate checks in May. where small businesses will benefit the most,Б=80=9D said Barbara Weltman, a lawyer and small-business tax specialist in Millwood, N.Y. Smaller companies like Dahm Trucking in Woodstock, Ill., are poised to benefit from the provisions aimed at businesses. The legislation helps businesses in two ways. It gives companies a 50 percent bonus deduction on new equipment that would normally be depreciated over many years. And it increases Б=80=94 to $250,000 from $128,000 in 2008 Б=80=94 the limit on expenses that small businesses can deduct from annual income, with a total cap of $800,000. For a small business like Dahm Trucking, which has annual revenue over $5 million, the most valuable provision is the increased expensing. Now, Chris Dahm, its president, said he could buy three trailers, at $100,000 apiece. That means Dahm can enter contracts with three independent owner-operator truck drivers to haul goods on the trailers, and add a person to his two-member office staff. going to help us out quite a bit,Б=80=9D he said. Photo by VroomBroom. Secret No. 7: Sell Consciously Posted: 27 Mar 2008 12:10 PM CDT Inc.: How often do we sell? If we counted out the time we are actually in front of a customer, it would probably surprise you. Most sales professionals are only with a client less than two hours per day. The reality is, we do so little selling there itБ=80=99s hardly worth mentioning. So where do we sell if we donБ=80=99t sell in front of the customer? We sell everywhere. We sell to the receptionist, we sell to the sales assistant, we sell all the time. And our thought process should be that we should be prepared to sell all the time. The key for most breakthrough sales people is proximity. Proximity allows you to be around people who either buy your product, recommend you to others who buy your product, or give you information that later helps sell your product. HereБ=80=99s the secret: We have to make sure that we sell in close proximity to us at all times. Those sales lead us to more obvious sales. If you want to have record-breaking success, sell consciously all the time. Get ready and stay ready to sell! Photo by matthains. Custom Labels Create New Niche Posted: 27 Mar 2008 10:08 AM CDT The Seattle Times: One evening, while Namshin Kim, was trying on clothes at Nordstrom, a salesperson offered her a bottle of water with the storeБ=80=99s label. Pleased with the freebie, she took it with her as she left. she said, nursing the 8-ounce bottle at a table just outside the store. Б=80=9CI like Nordstrom buys bottled water from Kirkland, Wash.-based Bottle Your Brand and is one of the largest clients. Test-drive a Lexus and you may be offered a free bottle of water, complete with the Lexus logo. Dentists, doctors, chiropractors, salons, convention centers Б=80=94 all offer their own house water. By finding their niche in the bottled-water industry, cousins Scott and Adam Springer parlayed a $10,000 small-business loan into a $2 million revenue stream in 2007. The two launched their business in 2004, after Scott Springer, now 31, noticed that the bottled-water section of the grocery store was as big as the beer section. At first, they worked out of Scott basement in Edmonds. Now they have a office in Kirkland and last year sold more than 2 million bottles. But even as marketers are quenching thirst with free branded plastic bottles, are urging us to kick the bottled-water habit. Plastic bottles clog landfills, create greenhouse gases and take excess energy to produce, and the industry undermines faith in municipal water systems, they say. Americans today swill more than twice as much bottled water as they did a decade ago, averaging 27.6 gallons per person per year. Sales of bottled water jumped 10 percent between 2006 and 2007, according to the International Bottled Water Association, a trade group. Photo by vivekchugh. Tips For Marketing Your Service Biz Posted: 27 Mar 2008 09:07 AM CDT Most Americans cant get through a single week without purchasing a service from a small business. Whether theyre visiting the neighborhood car wash, having an office painted, or getting a home refrigerator repaired, they need the services of a local entrepreneur. Its the local, one-to-one aspect of service marketing that makes it so different from marketing the average product. 1. Let customers know you. Good relationships are built on trust. So its natural that customers want to learn as much as they can about your company and the people that stand behind it. 2. Compete based on value. What will make customers or clients select your company vs. your competitors? Most choose the service provider that offers the greatest value for their money. 3. Tempt customers with incentives. Customers whove had positive experiences with your companys services in the past will happily return. But tempting new customers requires making a special offer. 4. Keep in touch. It costs considerably less to keep a customer than to win a new one, so its smart to maintain a campaign to upsell or resell existing customers. In fact if youre not communicating with your customer database at least every four to six weeks, youre missing opportunities to grow your business. Photo by Remcofrank. -- You are buy onlined to email updates from "Business Opportunities Weblog." To stop receiving these emails, you may unsubcribe now If you prefer to purchase via postal mail, write to: Business Opportunities Weblog, c/o FeedBurner, 549 W Randolph, Chicago IL USA 60661 This Email Delivery powered by FeedBurner. =09 ; charset=UTF-8 Business Opportunities Weblog =09=09=09h1 a:hover ! important;} tr td div ul { =09=09=09} =09 tr td div blockquote { 6px solid #dadada; =09=09=09} =09 tr td div li { =09=09=09} tr td a:link, tr td a:visited, tr td a:active { =09=09=09}=09 =09=09=09img {border:none;} =09=09 Business Opportunities Weblog European Business Leaders Call For A Simplified Patent Process Posted: 28 Mar 2008 01:30 AM CDT ITNews: Europe’s 500, the association of the European top growth companies, calls upon the European Commission and the Member States to introduce a simplified central patent application process for the EU. At present, inventors in Europe are required to complete 27 separate registration processes in many languages across the EU27 and the cost of obtaining approval for a single patent can be as high as EUR150,000. In sharp contrast, the same inventor wishing to apply for a patent in the United States of America can do so with just one application at a cost of approximately US$5,000. This patent is then guaranteed protection throughout the United States. Patent applications in Europe are a particular problem for small and medium-sized enterprises and independent inventors who comprise 60 to 70 percent of all EU patent applications. The numerous filings and the cost involved prevent these innovative employment generating firms from developing their businesses and strategic partnerships throughout Europe. In practice most patents are only applied in one or two countries as it is very difficult to fund the European roll-out of new start-up technologies or products within the short time period in which it is allowed to apply in other countries based on the original country’s approval. One of the consequences of the current system is that there are 50 percent fewer new European patents - key drivers of innovation and growth. This comes at a time when it is widely accepted that the European economy must develop from an industrial to a economic model. Criticism is often heard whenever private equity firms become involved with the funding and enforcement of patents. However, private equity can be instrumental to protect smaller intellectual property against predatory behaviour by much richer big companies. In such a situation, the new trend for private equity firms to back intellectual property could lead to higher rewards for the owners of the intellectual property, which will ultimately attract more innovative activity, inventors and engineers - braucht Lohn”. The lack of innovators and engineers in various crucial economic sectors is a serious threat to European We can only hope that private equity support will result in a greater respect for IP in the future and innovation efforts will attract more talent as young people see a promising career and financial rewards in IP. In order for Europe to grow successfully, we must focus policy on innovation and engineering. By adjusting the patent process for people in European countries, as well as the cost, more people would be willing to take that step to patent new great inventions and creations which in turn could help create new business opportunities for these people. Image from Stock.xchng. Big Winner Could Be Small Biz Posted: 27 Mar 2008 01:55 PM CDT The New York Times: Businesses, large and small, will be directly helped by the new economic stimulus legislation passed by Congress. But small businesses, in particular, may get the biggest lift indirectly Б=80=94 from consumers spending their tax rebates. The $168 billion measure, which was approved by both houses of Congress with uncommon swiftness, includes rebates for taxpayers and incentives for businesses, all intended to bolster the sagging economy. Bars, restaurants and other retailers are counting on increased business from consumers who will start getting their tax rebate checks in May. where small businesses will benefit the most,Б=80=9D said Barbara Weltman, a lawyer and small-business tax specialist in Millwood, N.Y. Smaller companies like Dahm Trucking in Woodstock, Ill., are poised to benefit from the provisions aimed at businesses. The legislation helps businesses in two ways. It gives companies a 50 percent bonus deduction on new equipment that would normally be depreciated over many years. And it increases Б=80=94 to $250,000 from $128,000 in 2008 Б=80=94 the limit on expenses that small businesses can deduct from annual income, with a total cap of $800,000. For a small business like Dahm Trucking, which has annual revenue over $5 million, the most valuable provision is the increased expensing. Now, Chris Dahm, its president, said he could buy three trailers, at $100,000 apiece. That means Dahm can enter contracts with three independent owner-operator truck drivers to haul goods on the trailers, and add a person to his two-member office staff. going to help us out quite a bit,Б=80=9D he said. Photo by VroomBroom. Secret No. 7: Sell Consciously Posted: 27 Mar 2008 12:10 PM CDT Inc.: How often do we sell? If we counted out the time we are actually in front of a customer, it would probably surprise you. Most sales professionals are only with a client less than two hours per day. The reality is, we do so little selling there itБ=80=99s hardly worth mentioning. So where do we sell if we donБ=80=99t sell in front of the customer? We sell everywhere. We sell to the receptionist, we sell to the sales assistant, we sell all the time. And our thought process should be that we should be prepared to sell all the time. The key for most breakthrough sales people is Proximity allows you to be around people who either buy your product, recommend you to others who buy your product, or give you information that later helps sell your product. HereБ=80=99s the secret: We have to make sure that we sell in close proximity to us at all times. Those sales lead us to more obvious sales. If you want to have record-breaking success, sell consciously all the time. Get ready and stay ready to sell! Photo by matthains. Custom Labels Create New Niche Posted: 27 Mar 2008 10:08 AM CDT The Seattle Times: One evening, while Namshin Kim, was trying on clothes at Nordstrom, a salesperson offered her a bottle of water with the storeБ=80=99s label. Pleased with the freebie, she took it with her as she left. she said, nursing the 8-ounce bottle at a table just outside the store. Б=80=9CI like Nordstrom buys bottled water from Kirkland, Wash.-based Bottle Your Brand and is one of the largest clients. Test-drive a Lexus and you may be offered a free bottle of water, complete with the Lexus logo. Dentists, doctors, chiropractors, salons, convention centers Б=80=94 all offer their own house water. By finding their niche in the bottled-water industry, cousins Scott and Adam Springer parlayed a $10,000 small-business loan into a $2 million revenue stream in 2007. The two launched their business in 2004, after Scott Springer, now 31, noticed that the bottled-water section of the grocery store was as big as the beer section. At first, they worked out of Scott basement in Edmonds. Now they have a office in Kirkland and last year sold more than 2 million bottles. But even as marketers are quenching thirst with free branded plastic bottles, are urging us to kick the bottled-water habit. Plastic bottles clog landfills, create greenhouse gases and take excess energy to produce, and the industry undermines faith in municipal water systems, they say. Americans today swill more than twice as much bottled water as they did a decade ago, averaging 27.6 gallons per person per year. Sales of bottled water jumped 10 percent between 2006 and 2007, according to the International Bottled Water Association, a trade group. Photo by vivekchugh. Tips For Marketing Your Service Biz Posted: 27 Mar 2008 09:07 AM CDT Most Americans can’t get through a single week without purchasing a service from a small business. Whether they’re visiting the neighborhood car wash, having an office painted, or getting a home refrigerator repaired, they need the services of a local entrepreneur. It’s the local, one-to-one aspect of service marketing that makes it so different from marketing the average product. 1. Let customers know you. Good relationships are built on trust. So it’s natural that customers want to learn as much as they can about your company and the people that stand behind it. 2. Compete based on value. What will make customers or clients select your company vs. your Most choose the service provider that offers the greatest value for their money. 3. Tempt customers with incentives. Customers who’ve had positive experiences with your company’s services in the past will happily return. But tempting new customers requires making a special offer. 4. Keep in touch. It costs considerably less to keep a customer than to win a new one, so it’s smart to maintain a campaign to upsell or resell existing customers. In fact if you’re not communicating with your customer database at least every four to six weeks, you’re missing opportunities to grow your business. Photo by Remcofrank. You are buy onlined to email updates from Business Opportunities Weblog To stop receiving these emails, you may purchase now.Email Delivery powered by FeedBurner Inbox too full? Buy online to the feed version of Business Opportunities Weblog in a feed reader. If you prefer to purchase via postal mail, write to: Business Opportunities Weblog, c/o FeedBurner, 20 W Kinzie, 9th Floor, Chicago IL USA 60610

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