Tag: Business

4 Key Considerations When Launching a New Project

By Lucas Miller Whether you’re a first-time entrepreneur or plotting your next big product launch within your current company, any new project requires a considerable amount of pre-planning before it’s ready for the public. But amid the excitement of a new idea, it can be easy to leave a few key considerations behind. Slowing down…


Japan’s Business Mood Improves on Solid Demand, Hopes of Post-COVID Recovery

TOKYO—Japan’s business mood improved for a fifth straight quarter in September with manufacturers perking up on robust global demand, a central bank survey showed on Friday, boding well for the next administration’s bid to pull the economy out of the doldrums. Steady progress in vaccinations and hopes of a reopening in economic activity also helped…


China’s High-Tech Push Seeks to Reassert Factory Dominance

At a factory in northern China, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country’s manufacturing up the value chain. The Tianjin-based robot maker has received tax breaks and government-guaranteed loans to build products that modernize…


The Number One Thing That Determines the Sale Price of Your Business

In the past year, our company, Acceleration Partners, has been evaluating several potential acquisitions as part of our partnership with a private equity firm. Unfortunately, as we’ve connected with several first-time sellers in this process, it’s become clear that many founders don’t have an accurate sense of what their company is worth to a buyer….


Reopening Plan a ‘Roadblock’ for Business: Victorian Chamber of Commerce

The Victorian Chamber of Commerce has criticised the state government’s roadmap out of lockdown, calling it a “roadblock” to prosperity. This follows an announcement by Premier Daniel Andrews, who said lockdowns would remain in place until 70 percent of Victorians over 16 are fully vaccinated, which is expected to occur by Oct. 26. At that…


Pennsylvania Auditor General: COVID-19 Businesses Closure Process Was Flawed

A performance audit released this week confirmed what Pennsylvania business owners already suspected; the process used to determine businesses closures during COVID-19 mitigation efforts was flawed and administered unevenly. Pennsylvania’s Auditor General Timothy DeFoor’s audit provides a window into the thought process of Governor Tom Wolf’s administration as it shuttered thousands of businesses. “This audit…


Lufthansa Putting on More Business Flights: CEO

BERLIN—Lufthansa is putting on more flights for business travelers in September and October, the chief executive of the German airline told Reuters on Wednesday. “We are now seeing very clearly that business travelers are coming back,” Carsten Spohr said, adding Lufthansa had increased capacity on domestic flights by 30 percent in September and would increase…


Takeda Eyes Vaccine Business Growth as Dengue, COVID-19 Shots Progress: CEO

TOKYO—Takeda Pharmaceutical Co., which distributes Moderna Inc.’s COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said. Takeda, Japan’s biggest drugmaker and among the top 10 globally after its 2019 takeover of Shire Plc, has traditionally been…


Australia Business Conditions Show Promising Improvement in August: Survey

SYDNEY—A measure of Australian business conditions showed a welcome improvement in August as sales and profits weather coronavirus lockdowns in parts of the country, offering hope of a speedy recovery once restrictions ease. Tuesday’s survey from National Australia Bank showed its index of business conditions rose 4 points to +14 in August, recovering part of…


What Entrepreneurs Can Do to Overcome the Impact of Natural Disasters

By Pui Ki Opinions expressed by Entrepreneur contributors are their own. Natural calamities such as floods, fires, hurricanes, and earthquakes are major concerns for businesses across the globe. At any time, an environmental or atmospheric disaster can strike down companies and cause significant damages. They can also lead to severe and widespread economic recession, which…