Advantages Of A Business Sales Consultant

January 23, 2010 by Virginia Hatstand  
Filed under Economy

The role of business sales consultants in the field of information technology is to bring more business to the company, also known as the service provider, from as many different clients as possible.

The job of the business sales consultant is to meet with your range of clients, whether they may be banking or insurance or financial. The are to meet with them across the globe and attempt to win projects over for them. This is then handed over to the service provider who then creates a solution to the client’s problems.

It is important that business consultants remain competitive so as to increase the amount of business that is coming towards them. This is because the competition is increasing day by day and losing out on business is not productive. Most information technology companies will have many qualified and well-equipped business sales consultants with the correct skills to win projects or assignments for the company with which they work for.

The business sales consultant’s main goal is to ensure that the company incurs low costs but still providing a better service to their client. Therefore taking up projects that are offshore is far more productive than taking up projects onsite, as projects such as these can become very costly. Another cost to think about is that there is more than one person working with each project. Keeping each person at the client’s location can bring a large cost. Therefore it is important to discuss this with the client beforehand discussing the costs that the company may have to incur and then drawing up a deadline for the submission of the project and the terms and conditions for the project or assignment also.

It is not sufficient enough for only one project from only one client to be won. Your business consultant has to work constantly. This means that they must provide new leads from each experience as there are many organisations that run on the work that is done from the business consultant.

Terry Forsey is an industry leading business sales consultants with over 30 years of experience, to get in touch with Terry Forsey visit forsey.info

Drop In Blood Donations

January 10, 2010 by Jen Long  
Filed under Economy

Health and financial concerns go hand in hand once again, this time when observing a significant drop in blood donations. Only 5% of eligible Americans donate blood and that number has dropped considerably this year with the convergence of an economic recession and the swine flu pandemic. The scent of latex gloves wafting across the high school gym or the sight of the Blood Mobile in the company parking lot is far less frequent than usual.

Corporate sponsored blood drives have seen a remarkable drop in donors this year; some hard hit areas like Michigan have seen a decrease by as much as 20 percent. The blood mobile pulled up in front of the office or plant is attracting fewer donors as lay-offs take their toll and the remaining skeleton crew is working extra hard and feeling unable to take the time away from their jobs. The workplace has served for many years as an excellent collection point for the American Red Cross and other blood supply agencies. An organized blood drive has traditionally offered a sort of respite at work with soft rock and cookies in the lobby or van while simultaneously building charitable and community spirit.

Charitable givings from corporations have taken a sharp decline this past year, as well. The drop in blood drives can be seen as part of this economic reflex. Prescheduled annual drives are being cancelled and a number of blood banks are doubling their collection of red blood cells from individual donors to help offset this occurrence. There is also an increased effort to locate rare negative type O blood which is usable by any recipient.

To add insult to injury, the H1N1 virus or swine flu has hit the population earlier this season than originally expected. This jeopardizes donor clinics that are held at schools which can be affected by high absenteeism or temporary closure. Schools have long been a major link in the blood supply chain and this development is being watch with some unease by blood collection agency officials.

Furthermore, blood donors are asked to contact blood centers if they become ill during the next couple of days after giving blood. Their blood must then be removed from the supply in accordance with government regulations. Although cold and flu viruses are not typically transmitted through blood transfusions like other diseases, some studies have recently shown that certain strains, such as H1N1, can possibly be present in the blood before the patient shows symptoms. Some blood samples of these donors who report illness within forty-eight hours of giving are now being tested for the H1N1 virus.

Considering the significant drop in donors this year, you may wish to encourage your workplace to host a blood drive in the near future. Knowing that one donation can save up to 3 lives will inspire your colleagues to get behind a very worthy cause. Everyone benefits from the opportunity to build their community and exercise charity. The American Red Cross makes the project simple for hosts, knowing that both charity and efficiency is their key to success. You can get started now by visiting them at givelife2.org.

Jen Long has been in the glove industry for 30 years and is PR Director for an online store specializing in Disposable Gloves and Healthcare Products where she is writing resources to support disposable glove users. Visit her library, Latex Gloves How-To.

Are we in a recession yet? Part 2.

December 2, 2008 by admin  
Filed under Economy, Markets

Finally some admission from the powers that be that we are officially in a recession.  Specifically, the economy began contracting in December 2007.  This revelation comes as the DOW closed down 680 points, the 4th largest point loss in its history.

So who made the official determination and why did it take so long to confirm what regular people like you and I knew all along.  The group is called the National Bureau of Economic Research.  According to their website’s FAQ,

Here is the who.

The NBER is the nation’s leading nonprofit economic research organization. Sixteen of the 31 American Nobel Prize winners in Economics and six of the past Chairmen of the President’s Council of Economic Advisers have been researchers at the NBER. The more than 1,000 professors of economics and business now teaching at universities around the country who are NBER researchers are the leading scholars in their fields. These Bureau associates concentrate on four types of empirical research: developing new statistical measurements, estimating quantitative models of economic behavior, assessing the effects of public policies on the U.S. economy, and projecting the effects of alternative policy proposals.

Here is the why.

Q: The financial press often states the definition of a recession as two consecutive quarters of decline in real GDP. How does that relate to the NBER’s recession dating procedure?

A: Most of the recessions identified by our procedures do consist of two or more quarters of declining real GDP, but not all of them. As an example, the last recession, in 2001, did not include two consecutive quarters of decline. As of the date of the committee’s meeting, the economy had not yet experienced two consecutive quarters of decline.

And…

Q: Typically, how long after the beginning of a recession does the BCDC declare that a recession has started? 

A: Anywhere from 6 to 18 months. The committee waits long enough so that the existence of a recession is not at all in doubt. It waits until it can assign an accurate date.

This committee is appointed by the NBER president and consists of directors responsible for various NBER programs as well as expertise in business cycle research.  It does not forecast durations of recessions.

I hope they don’t take as long to announce a depression.  Actually, they don’t do that or really use the word.  

The NBER does not separately identify depressions. The NBER business cycle chronology identifies the dates of peaks and troughs in economic activity. We refer to the period between a peak and a trough as a contraction or a recession, and the period between the trough and the peak as an expansion. The term depression is often used to refer to a particularly severe period of economic weakness. Some economists use it to refer only to the portion of these periods when economic activity is declining. The more common use, however, also encompasses the time until economic activity has returned to close to normal levels. The most recent episode in the United States that is generally regarded as a depression occurred in the 1930s. The NBER determined that the peak in economic activity occurred in August 1929, and the trough in March 1933. The NBER identified a second peak in May 1937 and a trough in June 1938. Both the contraction starting in 1929 and that starting in 1937 were very severe; the one starting in 1929 is widely acknowledged to have been the worst in U.S. history. According to the Bureau of Economic Analysis, real GDP declined 27 percent between 1929 and 1933, roughly ten times as much as in the worst postwar recession. If the term Great Depression is used to mean the period of exceptional decline in economic activity, it refers to the period from August 1929 to March 1933. If it is used to also include the period until economic activity had returned to approximately normal levels, most economists would judge that it ended sometime in 1940 or 1941. However, just as the NBER does not define the term depression or identify depressions, there is no formal NBER definition or dating of the Great Depression.

For additional information on the National Bureau of Economic Research and the committees Recession Dating Procedure, go to http://wwwdev.nber.org/cycles/recessions_faq.html.

Are we in a recession yet? Hmm!

November 19, 2008 by admin  
Filed under Markets

Perhaps the economist are confused about what the definition of a recession is, but it has felt like one in any people’s personal economy since the beginning of the year.  Finally, the talking heads, are acknowledging that we “may” really be in one.  What?

Anyway the DOW falls below 8000 for the first time in 5 years.  Keep in mind that in September 2002, the index closed at 7592 which was 6 years ago.  Are we headed in that direction?  How fast.  After that, at 7539 which was the low in August 1998, we will see lows posted that we haven’t seen in X years.  Here is an iPhone screenshot of the result.


Here are a few excerpts from MSNMoney explaining the losses yesterday.  The entire article written by Charlie Blaine and Elisabeth Strott can be found — HERE.

Today’s selloff reflected three forces at work:

  • A sharp decline in financial stocks. That was, in part, a show of investor unhappiness that the Treasury Department has junked its plan to take over the troubled assets of a number of financial institutions.
  • Increasing worries that the recession will be much worse than anyone thought, with deflation problems growing. The Federal Reserve issued new projections today showing unemployment could jump well above 7% next year. Prior forecasts had seen jobless peaking at no more than 6%. The economy is “deteriorating faster than any time since the second quarter of 1980,” former Fed governor Lyle Gramley told Bloomberg Television today. Indeed, the Fed pledged at its Oct. 28-29 meeting to take “whatever steps were necessary to support the recovery of the economy.”
  • Fears that inaction in Congress will lead to the collapse of General Motors (GM,news, msgs), Chrysler Group or both.

Cheers, it’s not the end of the world…yet.

Even the “Wealthy Are Afraid They’ll Run Out of Money”

October 6, 2008 by admin  
Filed under Retirement

The ongoing crisis occuring in the markets has even the wealthy worried about having enough money to retire. Whether you consider yourself wealthy or you are just a regular person concerned about how your retirement will survive this bear market, and recession, Premier Guaranty can help. Check out the solution and the case study tabs to find out how.

Oh, yes, the rest of the article can be found here for your review from the Wall Street Journal:

Wealthy Afraid…