Category Archives: Business

IT firms eyeing $1-bn business from GST transition

Indian IT firms could see business opportunity of over $1 billion in building and implementing solutions to help their clients become compliant with the GST regime.   Companies such as Infosys, Wipro, HCL Technologies, Tech Mahindra and others, which implement the enterprise software of SAP, Oracle, will now have to align the technology backbone based on GST norms.   The Read More


The Growing Concerns Of IT Industry And Its Workers

A US-based business advisory firm estimates automation could mean a 14% decline in India’s IT workforce. MUMBAI: Experienced techie Raghu Narayanaswamy lost his job recently and fears he may not get another, as analysts warn of massive layoffs across the country’s multi-billion-dollar information technology sector. IT outsourcing has long been one of India’s flagship industries but experts say automation, a Read More


This Millennial Created A $1M, Ultra-Lean Business While Traveling Abroad

Imagine running a business that would allow you to travel the world and still bring in more than $1 million in annual revenue. That’s what Anton Kraly, 32, pulled off. After graduating from college in 2006, Kraly spent $25,000 to buy a delivery route to sell cookies in Merrick, N.Y., a Long Island community. “I would basically drive on the Read More


Who has the best persistency ratio?

Persistency ratio, which tells you what percentage of an insurer’s policies are still in force after a certain period of time, such as one, three or five years, is a criterion you should definitely look up when choosing your life insurer. This data gives you an idea of whether policyholders are retaining their policies with the insurer or exiting it Read More


Why Small Business Owners Must Understand Financial Statements

As a small business coach, many times I will start the initial conversation with a new client by asking the business owner: What are the financial statements? I have gotten such perplexing answers as: A bunch of numbers on a piece of paper? A tax return? A bank statement? Does it have to do with a balance sheet? Are there Read More


Trump’s “small business” tax plan helps only the rich

One of the central parts of President Trump’s tax plan is to cut taxes on what are called “pass-through” businesses. Proponents pitch that as a big boost for middle-class owners of small businesses. But a new analysis from the Tax Policy Center finds that aside from making Trump personally a lot richer, the pass-through provision would almost entirely benefit the Read More


“War Paint,” the ugly fight over the business of beauty

Patti LuPone as Helena Rubinstein and Christine Ebersole as Elizabeth Arden in the Broadway musical “War Paint.” “WAR PAINT” A new musical ON BROADWAY brings to life a historic rivalry that was anything but pretty. With Richard Schlesinger, we take a look:   “All of my life’s work lost. All because of her: Second-rate imposter. She appropriated half my line. Read More


The 16 best big cities for starting a business in 2017

Salt Lake City is one of the best places to start a new business, thanks in part to an abundance of investors and workers.Aqua Mechanical/Flickr Entrepreneurship is a fixture of the 21st century iteration of the American Dream. Today, about 10% of the US labor force works for themselves, according to the Bureau of Labor Statistics. Still, it’s no easy Read More


9 Investigates: Prison baby ‘business’

  OCALA, Fla. – 9 Investigates learned adoption attorneys are paying for food, clothing and other items for inmates serving sentences right here in Central Florida, in anticipation of being able to adopt out those inmates’ babies.   Though some describe it as ‘buying a baby,’ it’s legal, and one particular attorney has been supporting both pregnant inmates and others Read More


Trump proposes to cut business tax to 15%

The White House made its opening bid for what officials called the “biggest tax cut” in US history — with cuts that would benefit businesses, the middle class and certain high-earning individuals — but left unanswered questions about whether the plan would be paid for, or how. A list of goals for the tax overhaul, unveiled by President Donald Trump’s Read More