An annual summit hosted by Major League Baseball as part of its Diverse Business Partners program allows companies to pitch MLB teams on products and services that may be of use to them. During the meetings, the competition is extremely heavy, with vendors having to impress purchasers on the grounds of uniqueness, fast turnaround, price and other factors.
The US political environment is the biggest concern that most Americans have for the nation's economy, according to a recent Bankrate.com poll. In the poll, 38% listed the political climate as their top economic concern, while instability abroad and terrorism received 19% and 14% of all votes, respectively.
Digital marketing offers several advantages, including the ability to monitor your results and adjust your approach quickly. Gabriel Shaoolian, CEO of Blue Fountain Media, outlines five ways to maximize the return on your investment in digital, beginning with creating clear calls to action.
Kiki Ramsey, inspired by her mother's personal struggles, launched a business in 2009 to help women realize their potential as leaders and entrepreneurs. Ramsey knew that becoming certified as a Woman-Owned Small Business could lead to more business from the federal government, and a SCORE mentor helped her through the self-certification process.
Sales teams should collect basic demographic data and referral sources to optimize their efforts, writes Dan Scalco. Tracking content performance and transaction history also is vital for improving business results.
To ensure that you're bringing the right employees onto your team, focus on finding job candidates with passion, advises Adam Bornstein, founder of Pen Name Consulting. "You also want to assess key qualities like the ability to respond to criticism, speed of work and communication style," he notes.
Loan approvals for small businesses are on the upswing at institutional lenders and small banks, per Biz2Credit's Small Business Lending Index for March. Meanwhile, the approval rate at big banks held steady at 24.1%.
Truly inspiring leaders "unlock higher performance through empowerment, not command and control," writes Eric Garton of Bain & Co. The best leaders tend to have a strength in a key area that aligns with a company's overall mission.
Sales leaders must always be ready to make new connections, which is much easier if they can quickly and easily describe what they do to the people they meet, writes Bryce Sanders. Depending on the situation, decide whether briefly giving your job title or giving more details about your company and job description is appropriate.
The World Trade Organization ruled that Mexico may impose $163 million per year in trade sanctions against the US due to unfair penalties against Mexican tuna. The sanctions are the result of a dispute in which Mexico claimed that its fishermen follow rules not to harm dolphins, but the US disagreed.
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