VEDA may have additional tax-exempt bond capacity, large projects sought

first_imgThe Vermont Economic Development Authority (VEDA) has announced that additional tax-exempt bond issuance capacity may be available under the Recovery Zone Facility Bond (RZFB) Program, created by the American Recovery and Reinvestment Act (aka the Stimulus Act), enacted by Congress in 2009.“Thus far, VEDA has preliminarily committed all of Vermont’s $135 million in special tax-exempt bonding capacity under the Stimulus Act,” said VEDA Chief Executive Officer Jo Bradley.  “However, there is no guarantee that every project approved earlier this year will succeed in finalizing all project details before the December 31, 2010 bond commitment deadline.  Therefore, since it is vitally important that Vermont make the best and highest use of every dollar in tax-exempt bond issuance capacity allotted by the federal government, VEDA is inviting additional proposals, in case excess bonding capacity suddenly becomes available.” Financing a project with tax-exempt bonds enables borrowers to make needed investments at the lowest possible cost, borrowing at a lower-than-normal interest rate.  This financing vehicle is appropriate for larger projects, involving capital assets.  Project funds may be used for the acquisition of machinery and equipment, the construction of new facilities, and in some cases, the purchase and renovation of existing real estate. Projects should total at least $2 million to make this type of financing cost effective for borrowers. Refinancing and working capital are not eligible uses.All of Vermont was designated a Recovery Zone by Governor James Douglas, so eligible and qualified projects may be located anywhere in the state.  A qualified business is any trade or business (including some non-profits), except those engaged in the rental of residential property and certain other prohibited facilities such as golf courses, country clubs, gambling facilities and liquor stores.All applications for RZFB financing must be reviewed and approved by the VEDA Board.  This review is a two step process.  First, preliminary approval (Inducement) must be granted before any significant project expenditures are incurred.  The most qualified applicants will have their proposals presented to the VEDA Board for Inducement approval.  VEDA acts as a conduit issuer for RZFBs, and neither VEDA nor the State of Vermont guarantees payment of the RZFBs.  The ability to sell these bonds is based solely on the creditworthiness of the borrower.  Borrowing terms such as interest rate, amortization, collateral and required equity contribution are negotiated on a case-by-case basis between the borrower and the bond purchaser. Recovery Zone Facility Bond inducement applications may be downloaded from the VEDA website (www.veda.org/RZFB(link is external) ), or obtained from VEDA’s office by calling (802) 828-5627.  For more information about the program, businesses may contact any of VEDA’s Commercial Loan Officers at (802) 828-5627.VEDA’s mission is to promote economic prosperity in Vermont by providing financial assistance to eligible businesses, including manufacturing, agricultural, and travel and tourism enterprises.  Since its inception in 1974, VEDA has made financing commitments totaling over $1.5 billion. Source: VEDA. 8.30.2010-30-last_img read more

Laura Loomer announces bid for Congress in Palm Beach County

first_imgConservative investigative journalist Laura Loomer announced her candidacy for Florida’s 21st Congressional District in the 2020 election on Friday.Loomer is known for her controversial rhetoric and describes herself as the “most banned woman in the world.”Loomer is banned from almost all social media platforms including Twitter,  Facebook, and Instagram, which could pose as a challenge when promoting her campaign.She was also banned from Lyft, Uber, and even Uber Eats in 2017 after tweeting that she didn’t want to be driven by Muslim rideshare drivers.The 26-year-old is joining a packed field of Republican hopefuls seeking to unseat Democratic Rep. Lois Frankel in Florida’s 21st district, which covers a majority of Palm Beach County.Frankel represents a heavily Democratic district and did not face a challenger in 2018.“The congressional seat is currently held by Democrat Lois Frankel, a staunch obstructionist and critic of President Donald J. Trump, and a close friend and ally of Speaker Nancy Pelosi,” a press release from Loomer said. “Frankel, despite chairing the Democratic Congressional Women’s Caucus has refused to denounce Freshmen Democrat Reps. Ilhan Omar, AOC, and Rashida Tlaib for their anti-Semitism.” Loomer’s Republican contenders include Christian Acosta, Michael Blueming Jr., Liz Felton and Victor Garcia da Rosa, according to ballotpedia.last_img read more

Why is NBA’s Violet Palmer a game changer?

first_imgViolet Palmer (Courtesy Photo)Sometimes longevity under difficult circumstances deserves praise. Violet Palmer became one of two women to infiltrate the all-male referee ranks of the NBA in 1997. Her fellow groundbreaking female referee left after five years, leaving Palmer to hold it down on her own for the last several years.“I didn’t just kick the door — I knocked it down,” Palmer told espnW.The climb upward hasn’t been easy.Palmer spent nine years refereeing high school and women’s college games, including two NCAA Final Fours and the championships. The NBA took notice and recruited Palmer.“The NBA was never my goal, because I thought it was unattainable. I was a college referee. I was the No. 3 referee in the world for women’s basketball.“I had everything. The Final Four. Big TV games – all the limelight I wanted. But my personality is if you give me a challenge, I’m going to take it.“In the back of my mind, I said, ‘It doesn’t cost me anything. I can just try it. If nothing happens, the training will be good.’”But things were difficult at first.“Generally it was a good ‘ole boys club, and I think that’s within any sport. There were a lot of referees that resented me joining the ranks,” Palmer told PBS.But looking back at her life, it wasn’t hard to predict that Palmer would be a trailblazer. If she wasn’t challenging her brother in basketball, she was busy being the only girl on her Little League team.At first, players didn’t know how to deal with her, said Palmer, and the fans and the critics were worse.“‘You’re not going to make it.’ ‘Why are you here? Go back to the WNBA.’ ‘Players and coaches are not going to accept you.’ ‘Your guys that you work with, they’re not going to accept you,’” Palmer said about her critics.And the rookies sometimes didn’t know how to act, Palmer told CNN.“Every now and then, I might have a little young fella come out, and I say, ‘Oh wait, young fella, I’ve got a lot more years of service than you. Check yourself,’” said Palmer.But then the players began to see that she was just like any of the other referees. Some of the players first looked at her as a mother figure and then just began to realize she was a cool person.“I think a woman should be able to do any job that she qualifies for,” Palmer told Scholastic. “If she can go out and be the best at it like any man, why shouldn’t she have the opportunity to do whatever sport or career (she wants)?”Now Palmer’s boldness has left that door she kicked open ajar for other women.“Two more women have already been working two or three NBA games a month this season for on-the-job training,” Palmer said. “And I’m not sure anyone even noticed much, which is great.”http://www.indianapolisrecorder.com/news/print_highlights/article_bb0045d2-9fc0-11e3-9c45-001a4bcf887a.htmllast_img read more

See how Sourav Ganguly reacted to the news of the Mohun Bagan – ATK…

first_imgAdvertisement 6k52iuNBA Finals | Brooklyn Vs7mWingsuit rodeo📽Sindre E6oydw( IG: @_aubreyfisher @imraino ) 5co0Would you ever consider trying this?😱uavCan your students do this? 🌚awRoller skating! Powered by Firework BCCI president and former Indian cricketer Sourav Ganguly, who also happens to be a hardcore football fan, reckons that the merger between ATK, the Kolkata-based Indian Super League franchise and I-League giant Mohun Bagan is a “momentous partnership for Bengal football”. On Thursday, the RPSG Group, (owner of ATK) acquired majority shareholding in Mohun Bagan Football Club (India) Private Limited and Bagan is all set to play as ATK-Mohun Bagan in next year’s ISL.Advertisement “A momentous partnership for Bengal football. I have no doubt ATK and Mohun Bagan will be torchbearers of moving Indian football forward together,” Ganguly tweeted.Advertisement “In this context, I am very thankful to India’s one of the most well-known industrialists and our Kolkata’s very own Dr Sanjiv Goenka for his investment through RPSG. Their vision on Indian football aligns with our philosophy and our combined forces will surely take the club to bigger and greater heights. In this respect, it is a red-letter day in the history of this iconic institution,” said Swapan Sadhan Bose, Chairman, Mohun Bagan Football Club (India) Pvt. Ltd. in an official statement.“I can assure millions and millions of Bagan supporters spread across the globe, that the poetry will continue. Now that the prose is ready to lend a helping hand,” he added.Meanwhile, former India captain Bhaichung Bhutia also hailed the merger but hopes that ATK should maintain the 130-year-old club’s legacy to reap rewards of their hard-work.“It’s good that Mohun Bagan is getting a good buyer but I think the colour and name has to be kept and the logo. Their history is very rich. It’s good that RPSG Group is buying it, they are a very professional company. But I hope that they can completely use the Mohun Bagan colour, logo and jersey. It should be maroon and green,” Bhutia said in an interview.The RPSG Group is set to become 80 per cent majority shareholder while Mohun Bagan Football Club (India) Private Limited will own the remaining. The merged club will come into existence from June 1, 2020 and will participate in the Indian Super League season (ISL) next season as well as other important competitions held by the All India Football Federation (AIFF).You may also like:Sunil Chhetri aware that his international career is winding downEXCLUSIVE: Minerva FC goalkeeper Nidhin Lal accuses club of not paying his salary for 8 months Advertisementlast_img read more

More sports in brief

first_img Maxwell’s 96 guides Australia to series win MELBOURNE, Australia (AP): Glenn Maxwell scored 96 runs from 83 balls to guide Australia to a series-clinching three-wicket win over India yesterday in the third of five limited-overs internationals. Maxwell hit a six and a boundary at the start of the 49th over to tie the scores, but was out trying to hit a six to raise triple figures, leaving James Faulkner (20 not out) to hit the winning single with seven balls to spare. The win gave Australia a winning 3-0 lead in the five-match series following an opening five-wicket win in Perth and a seven-wicket in Brisbane. India, batting first for the third game in a row, posted 295-6, with Virat Kohli scoring 117 – his 24th ODI century – and sharing partnerships of 119 for the second wicket with Shikhar Dhawan (68) and 109 with Ajinkya Rahane (50). John Hastings led the Australian attack with 4-58 from 10 overs. Australia chased down 300-plus targets in Perth and Brisbane and were in a comfortable position chasing 296, with opener Shaun Marsh scoring 62 in partnerships of 48 with Aaron Finch (21) and 64 with Steve Smith (41) for the first two wickets. Sinclair fifth in Bermuda 10K HAMILTON, Bermuda (CMC): Jamaican Kenia Sinclair followed up her runner’s-up spot in Friday night’s elite women’s mile race with a creditable fifth-place finish in the women’s division of Saturday’s Bermuda Marathon Weekend 10-kilometre event held in wet and windy conditions. Sinclair, 35, was 14th overall in a time of 37 minutes and 42 seconds – around two minutes behind the British female winner, Faye Fullerton. The 31-year-old Fullerton was clocked in 35:48, ahead of compatriot Charlotte Arter in 35:48. Finishing third in 36:22 was Heather Kampf of the United States, who beat Sinclair into second place in the mile race. The overall 10K winner was Zambia’s Jordan Chipangama, who stormed to an emphatic victory over the undulating course – his fourth in Bermuda. Chipangama won the 10K event in 2014 and back-to-back half-marathon titles in 2013 and 2014. He also holds the half-marathon race record, which stands at one hour, 4:21 minutes, which he achieved in 2014. Coe: IAAF will probe bribery claims against Qatar LONDON (AP): IAAF President Sebastian Coe says claims of bribery by Qatar in the bidding process for the 2017 World Athletics Championship are being investigated. Ed Warner, chairman of UK Athletics, said yesterday his bid team was told “brown envelopes” were being handed to members of the IAAF Council the night before the vote in 2011 between London and Qatari capital Doha, which London won. Warner also said his team agreed to spend $7.2 million to cover prize money, having been warned they were unlikely to succeed if they did not. Speaking on BBC Radio alongside Warner, Coe said he was unaware of the claims and promised to look into them. Qatar has denied any wrongdoing in its bids for either the 2017 championship or the 2019 championship, which it will host.center_img NZ beat Pakistan by 10 wickets HAMILTON, New Zealand (AP): Martin Guptill made 87 and Kane Williamson 72 in an unbroken record partnership of 171 that steered New Zealand to a 10-wicket win over Pakistan in the second Twenty20 cricket international yesterday, levelling the three match series at 1-1. New Zealand took four leg byes from the fourth ball of the 18th over to win the match with eight balls to spare. In doing so, Guptill and Williamson passed the Twenty20 record partnership for all wickets against all nations that had been held for South Africa by Graeme Smith and Loots Bosman at 170. Pakistan seemed to have posted a sufficient total when they came in after batting on winning the toss with 168-7, just short of their winning tally in the opening match.last_img read more

Colon isn’t counted on yet

first_imgColon, who suffered some rotator cuff damage last season, is throwing from flat ground with his graduation to a mound two or three weeks away at best. “There are some hurdles he needs to clear, but the time frame hasn’t changed that much from what we talked about,” Scioscia said. “I think it’s probably a stretch to see him ready by opening day.” TEMPE, Ariz. – While Bartolo Colon is aimed toward making the opening-day roster, manager Mike Scioscia hardly painted as optimistic a picture. Scioscia, speaking during a brief respite between staff meetings Wednesday, said he does not expect Colon to pitch in a Cactus League game this spring and would be happy simply if the right-hander threw from a mound before camp ended. The regular duo of play-by-play man Steve Physioc and color commentator Rex Hudler will be reduced to about 100 telecasts this season. The remaining 50 local broadcasts will be handled by play-by-play man Jose Mota and color commentator Mark Gubicza. The Angels agreed to contract terms with six players: right-handers Jose Arredondo and Steven Shell, infielder Matt Brown, outfielders Terry Evans and Nick Gorneault and catcher Bobby Wilson. Another 16 players on the 40-man roster are expected to be signed in the upcoming days. Juan Rivera’s broken leg in winter ball means Chone Figgins will continue to be on call for a number of positions, even though he is being aimed at the starting third base job. Scioscia said Figgins is being looked at as the probable fourth outfielder to go along with his third-base duties. Tommy Murphy and Reggie Willits also are vying for the backup outfielder job. There still is no further timetable on Rivera’s return. Scioscia expects him to be in Arizona for a examination by staff doctors possibly in two weeks. Rivera currently is being seen by a doctor in Florida. Kendry Morales, who had knee soreness in winter ball, was given clearance to begin camp on time. Position players report Monday with the first full-squad workout on Tuesday. Frankie Rodriguez has experienced visa problems the past few seasons which delayed his arrival in camp, but Scioscia does not foresee any late arrivals this year. [email protected] (626) 962-8811, Ext. 2731 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img The Angels are resigned to a best-case scenario of Colon pitching some time in the first half. While his return could happen by the start of May, it could be delayed into June if he can’t get rehabilitated and build stamina in short order. “You try to (think) for the long term, too,” Scioscia said. “He has to be stepped up to a certain pace to make sure he holds up for this year. And in the future, we want to be careful when moving forward.” Scioscia hinted that mound work could be two weeks away but quickly backed off that. “He’s got a good amount of work ahead of him before he gets on the mound,” he said. The Angels announced multiple telecast teams for the upcoming season. last_img read more

ADDICTION DROVE MAN TO SELL ILLEGAL CIGARETTES, COURT HEARS

first_imgA DRINK and drugs addict took to selling illegal cigarettes for crime bosses in a bid to fund his habits, a court has heard.Karl Ryan (44) of 20 Burwood, Buncrana admitted selling untaxed cigarettes and rolling tobacco at 4 Cathedral Court, Church Lane, Letterkenny on February 17th 2012.There was a loss to the State of almost €1,600 in excise duty. Customs officers bought cigarettes from Ryan and found they did not have the excise duty stamp on them.In a follow-up operation officers seized 2,460 cigarettes and several pouches of rolling tobacco.Solicitor Ciaran MacLochlainn said at the time Ryan was “addicted to all sorts” and was “not the main player by any means in this.”He added: “He was paid in cigarettes for what he did.”The father of six had mixed “with the wrong people” when he decided to move to Letterkenny from Buncrana.His client had since moved back to Buncrana and was receiving help.“Mr Ryan spent eight years homeless on the streets of Dublin and there is little doubt he would have been dead had he stayed there,” said the solicitor.Mr MacLochlainn added that Ryan had no money to pay fines or the excise duty and “does not want to return to prison.”Judge Paul Kelly accepted that Ryan was being used by others and he adjourned the case for the preparation of a community service report.ADDICTION DROVE MAN TO SELL ILLEGAL CIGARETTES, COURT HEARS was last modified: September 9th, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:buncranaKarl RyanLetterkenny Courtlast_img read more

Cassini to Rewrite Textbooks on Saturn

first_imgHundreds of scientists and engineers are waiting with eager anticipation for SOI: Saturn Orbit Insertion, as the schoolbus-sized Cassini spacecraft races for its closest approach to the ringed planet tonight.  Just before closest approach, Cassini will fire its main engine for 96 minutes to slow down the spacecraft and allow Saturn to capture it in orbit (see guide to SOI and diagram on the Cassini website).    Right after the burn, for about 75 minutes, Cassini will be flying high over the rings at close range.  The instruments will gather as many measurements and pictures as it can, because it will never again be this close to the rings or to Saturn.  Scientists do not predict that the high-resolution cameras will be able to resolve individual ring particles from this range – the best resolution will be about 50 meters per pixel, and most particles are much smaller than 10 – but it may detect wakes, waves and streams that will provide clues to the dynamic evolution of ring particles over time.  There should be good sample images of all three main rings, C, B, and A, as well as the narrow F ring.  After downloading its data during the night, Cassini will point to Titan for its first of 45 encounters.    Saturn has already provided Cassini’s instruments with a puzzle: the rotation rate appears to be slowing down.  According to Cassini’s radio and plasma wave detectors, Saturn is rotating about 1% slower than when Voyager made measurements in 1981.  (This is determined by timing radio pulses in the planet’s magnetic field, which is presumed to originate from deep within the fluid planet’s interior.)  Jupiter’s rotation rate has been rock solid for 50 years of measurements, so why Saturn should show this change is without explanation at this time.  The principal investigator for the radio and plasma wave instrument suspects it has something to do with the fact that Saturn’s polar and magnetic field axes are almost perfectly aligned, to within 0.2 degree – a characteristic unique to Saturn.  All other planets with magnetic fields show an offset of 10 degrees or more.  It is that offset that generates the magnetic dynamo, according to favored models; these models, however, cannot account for a field on an axisymmetric body.  How Saturn can have a magnetic field with a negligible offset is a major puzzle Cassini scientists hope to solve.Update  Stupendous success!  The orbit insertion burn occurred flawlessly.  Cassini followed its trajectory exactly as predicted, and then turned to capture the data and images.  Relieved scientists and engineers expressed their enthusiasm at the performance of the spacecraft.  Now the four-year adventure begins.  Some of the first science results will be posted in the July issue as soon as available.We hope to be able to bring you findings and analyses that the media will miss or misinterpret.  For instance, the media will always interpret phenomena in terms of the Sacred Parameter A, the “age of the solar system” (4.5 billion years), a figure invariably assumed without question, even when apparently young phenomena are being observed.    Of special interest will be the rings, not only because of their beauty, but because of their apparent youth.  Most ring scientists believe that the rings had to form relatively recently.  Even if 100 million years were allowed, that would only be 1/50 of the Sacred Parameter.  To hold onto A, they have to invoke ad hoc theories of a comet wandering into the Roche Limit of Saturn and disrupting.  Even so, the forces of plasma drag, sputtering, micrometeorite bombardment, light pressure and collisions would dissipate the rings in short order.  Will embedded moons be found to feed new material into the rings?  Stay tuned.    Also, we will provide balance to the claims about Titan having “prebiotic chemistry” that might be like the “building blocks of life” or like the “early earth in deep freeze.”  One scientist was even heard suggesting that Titan’s atmosphere may be a natural laboratory for the Miller Experiment (see 05/02/2003 headline).  Such statements assume evolution in spite of the evidence.  Also, it will be interesting to see if long-age believers can rescue Titan’s atmosphere from the evidence it is depleting rapidly (see 10/16/2003 headline).    Cassini is poised to make major contributions to our understanding of the solar system and its age.  For now, enjoy the ride; it will be high adventure tonight at Saturn!(Visited 11 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

How can Employee Scheduling Work as a Growth Booster for your Business?

first_imgWhat Nobody Teaches You About Getting Your Star… Massive Non-Desk Workforce is an Opportunity fo… Related Posts Creating an efficient and effective employee schedule can be the difference between being stressed out or being relaxed as a manager. Your employees are your business and you always have to Ensure that your staff is where they need to be is critical for the smooth operation of your business.Related Read: 9 Ways To Help Your Employees Step UpThe roster will always be a major focus of any business. In saying that, business is primarily about making money, and with this being the major goal of most business’ they will always be focused on ways to save time and money, and one of, if not, the biggest expense is payroll. Having a system such as an employee scheduling will cut time to an arduous and sometimes exhaustive process as rostering staff. With efficient scheduling software, you can track staff shift times down to the minute, thus getting an exact calculation of your wage expenditure. Therefore with such accurate and real-time information, you can cut down on any unnecessary staff and wages.With ever-changing technological advancement, workplace laws and requirements and changes to the workplace, running a business has more components than ever, and with this, the time pressure becomes even more problematic. With scheduling software, you can avoid the pitfalls of not being compliant and be abiding by all workplace laws, scheduling software lessons the risk of accidentally flouting workplace laws with a multitude of functions to help make sure you’re in compliance. From overtime to hours worked public holiday rates and different industry awards, keeping your finger on the pulse of all the different requirements that a business has to abide by eases the stress on a manager.Implementing latest management tactics and processes with technology will keep you ahead of the game and will ease the pressure that occurs when you’re trying to build and keep, happy and loyal employees.Staff Scheduling ChallengesPlanning out a roster for the day, week or month can be challenging, having a central electronic platform to perform a multitude of tasks just makes your life much simpler. Flicking in between different applications and programs, emails and texts to work out the staff requirements, allowed wage budget and pay rates can fry a manger’s brain sometimes. It can take hours for a manager to plan and sort through all of the above, to make a roster for the business, hours that can be saved quite easily, all the while being a more efficient and effective way of processing a staple requirement of any business.Managers always have the pressure and responsibility of being compliant with organizational and workplace regulations, internal business requirements, employee upskilling, customer requirements and so much more. With all these tasks, it is becoming a basic requirement of any business today to use employee scheduling software in order to always Staying Compliant with employee scheduling in any current and future laws and regulations of your business.A well-managed and well-implemented employee scheduling system can help to keep your business moving smoothly as well as resolving a few difficult situations which can arise from rostering, payroll and compliance.Importance of Employee SchedulingImplementing and maintaining a consistent and efficient workplace schedule is important for the smooth function of your business. It helps to cut down wasted time, find inefficiencies and improve productivity. A great employee management system helps owners and managers to get more bang for your buck. Here are some key reasons why employee scheduling is important for your business:Add a professional touch that is cost-effective: To get the work done efficiently and effectively, employee software is becoming a requirement for all business’ today. It also reduces the labor cost and the maximum amount of work is completed in a shorter amount of time. Employees with the proper resources at their disposal can really maximize their efficiency at work.Reduce the stress: Creating an effective schedule ensures all the required tasks are done in a timely manner, without shift conflicts and to also ensure that your staff happy and a bit less stressed.Meeting deadlines: Managers can send alerts and notifications immediately to all staff if a shift needs to be filled, or priority tasks need to be done earlier, scheduling software can quickly alleviate your issues.Utilising Employee Scheduling SoftwareIt is always a challenge to coordinate with your staff members via email or text, regardless if you are part of a small cafe, or a large corporation, using employee scheduling software is a powerful and productive way to manage the employee schedule.In real time you can quickly track your employees’ holiday leave, sick leave and also alert employees when there are scheduling conflicts. Managers and Employees can update their availabilities, see their hourly rate, receive their schedules and get notifications in real time on any mobile devices. In addition to the preceding features, managers can customize compliance rules like overtime, break allocation, public holidays to suit your internal business policies and workplace regulations.Here are some benefits that owners and managers can gain by using employee scheduling software:The software makes scheduling easy to manage and employers will know the employee availability, key details, pay rates, leave requirements, payroll and shift times. In addition, It will help to improve accountability of your staff and catch those staff members that spend a little too long on break.Managers can view and edit the schedule from anywhere in real time. Scheduling software helps employers save time and improve their focus on other parts of their business.Employee scheduling software is compatible on multiple platforms like Android, iOS, and available for desktop.ConclusionThe old paper timesheets is a dinosaur of the past, the clock on a system on your old POS system is on the way out and being replaced in a very rapid movement towards all-encompassing employee scheduling software. Accurate and in real time, great all-in-one employee scheduling software is the future of your business. 3 Areas of Your Business that Need Tech Nowcenter_img James Grills How to Make the Most of Your Software Developer… James Grills is a technical writer with a passion for writing on emerging technologies in the areas of mobile application development and IoT technology. He is a marketing advisor – currently associated with Cumulations Technologies a mobile app development company in India. last_img read more

In Sales? How You Can Distinguish Bad Products from Good

first_imgBrad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com. Tags:#product quality#Products#sales#sales pitch#sales proposition Related Posts Brad AndersonEditor In Chief at ReadWrite AI is Not the Holy Grail of Sales, at Least Not… Presentation Management: Key Component to the E… A career in sales is supposed to be lucrative and fulfilling, not frustrating. Good salespeople consistently close deals and increase their earnings, developing wide networks of happy customers along the way.Why, then, do so many salespeople struggle to live out the professional success of their dreams? Drive, training, persistence, and empathy all impact sales success, but one factor stands out above the rest: quality products.Don’t believe the hype that a good salesperson can sell anything. Customers today are more cautious about what, where, and how they buy. According to The ROBO Economy, a sales report from Bazaarvoice, 82 percent of smartphone users look up products online before they make in-store purchases. If they see a lot of negative reviews, they’ll drop the product and move on — regardless of how charming a salesperson might be.For anyone trying to make a living in sales, this new digital reality means product quality is more important than ever. Buyers are wary of bad deals, and today, they have all the resources they need to sniff them out. Salespeople looking for dependable, scalable incomes have to be cautious about which companies and products they choose to support.Use this process to determine whether a product is worth selling:1. Act like a buyer.Would you choose this brand over others? It’s easy to talk yourself into preferring your supplier’s product, but it’s another thing to convince a person who has better options elsewhere.Look at general review sites to see how comparable products stack up. If the product is more niche, check out industry-specific review sites to see how the public perceives the available options.“When you believe in the products and love them yourself, that comes across in a way that is much more authentic than if you didn’t have any connection,” says Mari Coyle, director of wine of ONEHOPE Wine. “Our wine is fantastic, made by a team of highly accredited winemakers based in Napa. In addition to that, every bottle supports a charitable cause, so the salesperson’s authentic story becomes part of the company story.” Coyle says people can sense whether a salesperson genuinely likes what she’s selling.2. Practice pitching to a tough crowd.Practicing in the mirror might help you maintain eye contact, but when it comes to overcoming objections, it’s better to work with a partner.Ask people in your network or social circle to help you test a prospective pitch. Encourage them not to hold back. You’re not trying to “win” this deal — you’re trying to determine if the product is worth advocating for.After a few rounds of practice, review your notes and think about how the conversations went. Did you feel like you were forced into an indefensible position based on a flaw in the product? Don’t get bogged down by personal preferences — some of the people you pitch won’t have any interest in the product, regardless of the brand behind it.3. Look at the current sales team.The best way to see if a product is worth selling is to look at the people already selling it. Are they successful and happy? Have they been selling the product for several years or just a few months? Does the brand have a small number of successful sellers, a large team of middling sellers, or another mix?Strong products attract strong salespeople. No one wants to waste time and energy generating demand for a product that has none. If the product is good, the team should be excited to sell it and visibly engaged with the target audience.Check out company reviews on Glassdoor to see what the salespeople say. When salespeople talk about high earning potential and empowerment, that’s a plus. When they talk about frustrations and silence from leadership, they could just be bad apples — or they could be on to something.4. Evaluate the competition.If consumers want to buy something, odds are good that more than one company fulfills that need. Look at competing products and brands in the space to determine which ones are most popular. Does your prospective product own most of the market? If not, does it have a loyal fanbase or a differentiating factor?Your product doesn’t have to be the biggest name in the market to be successful. The size of the market determines the sales potential. A product that only owns 5 percent of a $10 billion market, for instance, offers far more potential than a product that owns 90 percent of a $10 million market.Just as there are a few unscrupulous salespeople in the world, there are some companies that make bad products and swindle honest sellers into hawking junk. Don’t get tricked into selling a bad product for peanuts when you could be living the high life. Before you accept a new sales opportunity, consider whether the quality of the product deserves your loyalty. Connected Digital Assistants will Change the Wa… Skyrocket Your Instagram Marketing with Busines…last_img read more