Now heres an idea for a business I saw the picture on Facebook.
Sounds like a great marketing approach for getting daytime business instead of just the normal crowd after hours especially if you live somewhere with a fairly large retirement or family vacation population!
Media company Gannett Co. Inc. said Monday that its fourth-quarter revenues fell 5.1 percent, mostly because of declining sales in its publications and broadcasting units.
The company reported net sales of $1.39 billion during the quarter, compared with $1.46 billion during the same period last year. Profit for the quarter was down 32 percent to $116.9 million, compared with $174.1 million during the fourth quarter of 2010.
The drop in revenue came from $52.4 million less in political advertising that was achieved in the fourth quarter of 2010.
Publishing revenues in the quarter were down 5.3 percent, while broadcasting revenues were down 14.2 percent.
Strong revenues at Gannetts CareerBuilder site helped the companys digital segment increase revenue 9 percent.
For the full year, revenue was down 3.7 percent to $5.4 billion.
Whats the difference between a business model and a business plan? It depends on who you ask. Business plan means a lot of different things to different people, and so does business model. Ive complained occasionally about confusing terminology, but I guess its just the way things are. There are similar problems with strategic plan, annual plan, etc.
What I really dont like is people saying dont do a business plan; do a business model instead. My favorite definition of the business model is the excellent book Business Model Generation, by Alexander Osterwalder and Yves Pigneur. And thats very compatible with business planning. Ive already incorporated the business model canvas into three business plans Im working on right now, as a good framework for thinking. To me, the difference between business model and business plan is just the semantics.
An amazing fact is that this new groundbreaking all-electric Model S sedan by Tesla Motors not only starts at almost $50,000 (and that is after taking advantage of a large tax break) and can double in price when fully loaded, but it also has over 8,000 advance orders with a deposit of $5,000 each even though this fascinating car has not even been test-driven!
It will be this summer before the Model S goes into production. An exciting feature is the promise of being able to go 160 miles on a full charge of electricity, and, if a buyer wants to upgrade to an expensive special battery, the car will be able to go as much as 300 miles. Do you think this will really be possible? If so, it may be a major factor in the decision of so many buyers to show their faith with orders that represent a major investment.
Recharging a car on household current takes many hours, and high-speed recharging stations may not be available in a nearby area as there are so few of them, so what will those buyers really do when they finally have these cars in their possession?
As I arrive in Davos, a gathering of the global 0.0001 per cent, I receive a copy of a well-timed speech from Sir Mervyn King.
It is the Bank of England governors piercing assault on bankers that sticks in the mind from todays important speech in Brighton. He doesnt quite join Occupy the City, but he does suggest that British capitalisms very legitimacy is up for grabs if bankers go too far on pay.
Sir Mervyn tells an audience in Brighton: The legitimacy of the market economy will inevitably be questioned if rewards go disproportionately to a small elite, especially one which benefited from the support of taxpayers. He said those now taking decisions on bonuses needed to understand that public confidence rests on the acceptance that rewards are fair.
This is stronger that we have heard from Sir Mervyn before.
Only a fraction of people prepare as much as they should for tax season. I was burned last year by not saving enough money to pay in April. Jackson Hewitt has decided to give us a few tips so that we are all better prepared.