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Archived threads in /biz/ - Business & Finance - 6927. page

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What ruined companies have you been a part of /biz/?

>Work for market research company
>small but manageable
>incentive pay out the ass so employees work hard an value job
>management and general staff courteous to one another
>one of the few accredited research firms out there
>rarely if ever a firing of anyone
>work here for years and very happy

>then nielsen buys us out

>they take away all incentive pay
>employees instantly stop giving a fuck
>base pay is pathetic so cant even blame them
>completed surveys sail to almost nothing
>lose accredation
>fire old boss who stood up for us with new doormat
>employees call off constantly obviously looking for new jobs
>or just show up late
>so many new complicated rules that hardly make sense new employees dont stick around so have to keep shitty ones
>they say we will be shut down twice but dont actually do it
>half of entire center gone
>only 70 of 200+ employees left

>then a few days ago
>doormat boss comes up
>"New rules! not allowed to read at your desk anymore you can only focus on the phone for 8+ hours a day"
>"Also we have new diversity clubs you can be apart of!"
>"F-for blacks and gays! w-we are a very diverse company!"
>collective astounded silence
>the company is falling to pieces and they are pushing this shit
>start my own job search

id give them another year tops. I would have worked that job forever if it had stayed the way it was. RIP.
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>>1387584
>Work for food distribution company at IT help desk fixing registers and shit at store level
>Competitor goes under, massive layoffs from opposing side
>Our company picks up some of their old IT managers
>Our management team instantly turns to shit
>Start playing favorites, promoting friends from the competitor's company that don't deserve it
>Move IT help desk into freezing server room behind electro-magnetic lock
>No windows, no contact with the outside world other than inbound calls for 10+ hours per day
>Competitor's old employees starting HR games with our company veterans
>Half of our old timers get fired for shit that literally never happened
>Complain to company heads and HR about management killing the IT department
>"If you don't like it, find another job!"

Jumped ship 2 months later, never looked back. Word is they're trying to outsource the department now because turnover soared and the ones that stay don't give a fuck 'cause they might get fired on a whim.

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Hay guys, I am taking a marketing class and need some people to take my very basic survey. please help me :)
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http://www.surveygizmo.com/s3/2926571/Household-Cleaners
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>>1387496
Done.

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Hey /biz/,

What do you think of tax credits for startups in the United States? I have a limited knowledge of state-by-state programs but have gathered that most states tailor their programs to meet certain regional needs. Vermont has food production accelerators/credits, Louisiana has water management accelerators/environmental cleanup tax credits, and New York State has tax credits available to life sciences programs that utilize state university resources. Does anyone here have knowledge or experience with tax credit programs that work directly with small businesses?
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No one interested in creating your own startup?

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Hey /biz/ so I know in the RH general threads it says its not available in many countries.. does that mean in the app store or even if you've downloaded it you can't use it there? I'm traveling to China tomorrow and I'm concerned about if I'll have access to it, to buy/sell and also to withdraw and deposit money if needed. If I'm worried about this should I just take all of my money out of it before my flight? Or can I still access it there?
3 posts and 1 images submitted.
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>>1387288
Just call your broker's international or 800 number and have them execute the trades for you.
They'll charge you a little, but it's pretty easy.
>>
this makes me wonder if you could use an apk to use it in other countries

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Hi /biz/

Not sure what to do, thought someone here might have a requisite background to give some good insight. I'm an entrepreneur in a distribution services niche and have spent the last few years building up my business.

I was recently approached by someone interested in buying the company for a good price (I'll probably net 15-16M after taxes)

Anyway, I'm curious to hear any tips on selecting a wealth advisor/manager. My attorney has given me some tips, but he's mostly a corporate law specialist, very little overlap with finance, etc.

I've kept good control of my personal finances, but mostly have kept a lot of my money in the business (Minus paying off my house, comfortable salary, and solid retirement account contributions, etc) My plan was always to sell the business once it got to a certain threshold.

How can I filter and find a good manager?
What are the main questions I want to ask?

(Also, I'm 30.Not sure if that makes a difference, but I don't want to retire, I want to stash this money away and build up another business in a related, but different market, as next step)

Any help appreciated.
3 posts and 1 images submitted.
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Bump?
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>>1387167
Try googling: Finding a good wealth manager.

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Could a raise in agricultural production and exporting in addition to a lowering on housing sector taxes bring Indonesia GDP up?
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bump
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>>1387161
Bumppp
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>>1387161
Yes.

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I'm 18 years old with about 7k in the bank from working recently. I little expenses and can save consistently.
I have been looking into investing into the sharemarket to start making some more money, but I need advice on what to do.
Should I just focus on banks in the long run? Take a few chances on businesses? Or just save for a investment property in a couple years time.
TIA
2 posts and 1 images submitted.
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>>1386882

if you want to invest, find a broker. tdameritrade, etrade

then look around
finviz.com
stockcharts.com
bigcharts.com

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Hey guys, do you have any advice on how to get a business plan started for like a food truck? I'm looking into it but I'm coming up with nothing

Pic not related
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what about it you find so hard? dont you just need a suitable vehicle and a food permit?
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>>1399691
in aus you just buy a van and rock up where ever tradies are and beep your horn.

not even fucking with you, its that easy.
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>>1399694
>what about it you find so hard? dont you just need a suitable vehicle and a food permit?
It's not that easy.

Aside from the permits and all changing From state to state, if you want it to succeed you need to consider everything, the costs of food, the cost of labor, employees, the menu prices.

Cause if you're paying someone 12 dollars an hour and you sell a sandwich that's worth 30 bucks for 10 you're literally throwing money away.

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>We are studying/working hard to earn $80k/yr at best for a few years
>Meanwhile Russian hackers are making $10,000 a day and crashing expensive cars while snorting coke

w-why
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>>1399540
If it's so easy why don't you do it?
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>>1399544
When did I say it was easy?
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>>1399540
They have a skill, motivation and risk tolerance that you lack.

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21 year old pleb here, want to become an entrepreneur. I was wondering if you guys could help me out

now, say i want to start a business in the medical devices field, obviously the first thing i have to do is find a market niche, a good way of doing that is to study existing products and see where i can improve upon the design and or manufacturing. My question is, how do i learn about how products are manufactured?
13 posts and 1 images submitted.
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>>1399517

So you're idea is that you're going to study the way medical devices are made and then improve on that by creating your own manufacturing plant where you make slightly better versions of other products? And you just have a hunch that your going to see some inefficiency in the manufacturing process that nobody else is trying to fix and make profit off of it? You have enough money to do this?

Dude, if your market niche is medical devices, then take your money, use it to buy medical devices from manufacturers and then sell them at a profit. Do this first and see if you can even sell any. See if it even works before you go through the trouble of designing and manufacturing your own and sinking hundreds of thousands of dollars on it.

You might think, "well selling is the easy part, designing is the hard part, people who just sell must not make very much money" and you would be wrong. Selling is a fucking hard business to run on it's own.

My point is that there is other ways to make money than by coming up with the latest sexy innovative high-concept facebook.
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>>1399580
why would anyone buy the same product from me for more money when i'm just buying it from the manufacturer and not adding any value?
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>>1399580
specifically my idea is taking existing products and making them cheap so they can be sold in developing countries. for example, an EEG can cost in the tens of thousands of dollars, but really all it is is an amplifier hooked up to a bunch of electrodes, so theres no real reason it should cost that much. What i want to do is look at every stage of the manufacturing process and see where i can get away with cutting corners.

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I'm going to be coming into possession of 28'000 dollars soon, but I don't want to waste it away as many would.

How could I use this money in a productive way to get rich sustainably?
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>>1399445
I'm open to criminal enterprises, I have experience dealing weed and some hard drugs. I'm pretty crafty, some would describe me as being a genius.
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Buy a house. Rent to tenants.
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>>1399446
Whats the price on a 10 piece, I can beat it!

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hey i've got 18BTC, Can i make a living daytrading stocks, coins etc to earn 1000€ per month?
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>>1399129
totes bro!

You've come to the right place, everyone here is a rich fag
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>>1399129
some people claim to earn ~$300 daily trading shitcoins. take that as you will.
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>>1399132
People on /biz/ over the years have claimed all sorts of things.

If we took it all at facevalue then we'd be by far the richest, most educated and best socially standing board and probably website on the internet.

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Nasim Taleb.
6 posts and 1 images submitted.
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>>1398961
Based
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>>1398961
The Basedest
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>>1398961
Learned about him in a math class. Shit was indeed lit.

Hi, my friends. I'm student-economist from Russia. Russian's economics lags behind, but i want give new economics publications or research papers. What scientific journals and web-sites you can advise for me?
6 posts and 1 images submitted.
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>>1398958
richslavpoorslav.ru.cz
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>>1398958
Investopedia and Market Watch are a couple.
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Cyka Blyat

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I want to day trade stocks. My problem is that I don't know how to get started. I've been trying to read on how to start, which platform to use, how much to invest, and more yet this hasn't really helped me. Really would appreciate if someone could give me some useful info on how to get started.
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I already have mutual funds and long term stock investments so please don't tell me to look into that. I'm in college and have money I'd rather invest than put in the bank.
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>>1398878
pick a penny stock and dump all your money in it. If it goes up you sell it, if it goes down you contemplate suicide.
>>
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EDUCATE YOURSELF!

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