7 Things You Can Legally Steal from Successful Companies

Data-gathering from scratch is a daunting prospect. The good news is a lot of this data has already been gathered for you by your competitors.

Source: thenextweb.com

“If you just want to get a list of the top influencers of an account, use this tool to generate the data. If you want more comprehensive data on your competitors’ followers you can use this tool. It is important to make connections with influencers early on so they can be evangelists for your brand.”

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SEC Rule Changes – Small Businesses Get Funding Cap Raise to $50 Million

Nearly three years after the law was signed, the Securities and Exchange Commission has taken an important step toward implementing the so-called JOBS Act, making it easier for small and mid-sized businesses to raise capital through small public offerings.

Source: www.washingtonpost.com

>” […] Commissioners on Wednesday approved rule changes that allow companies to raise up to $50 million a year, up from a longstanding cap of $5 million, through what’s known as Regulation A offerings. Under Reg A offerings, as they’re commonly called, companies looking to raise relatively small amounts of money through a public offering are subject to a much simpler SEC registration process, putting fewer bureaucratic hoops between them and investors.

Until now, the Reg A path, which is nearly as old as the SEC itself, has been sparingly used. Congress voted to lift the cap as part of the Jumpstart Our Business Startups (JOBS) Act, which was signed into law in April 2012, largely to encourage more small and mid-sized companies to consider that option. […]

The finalization of the rules was the latest step in what has become an exceptionally long process to breathe life into the JOBS Act. Now on the cusp of its third birthday, only about half of the provisions in the statute – which, by providing better access to capital to new and growing businesses, was touted as a potentially powerful gust of wind in the economy’s sails – have been put in place by the SEC.

Among the most highly anticipated changes mandated by Congress but not yet implemented by the SEC are rules allowing companies to raise small amounts of money from mom-and-pop investors via what are known as online crowdfunding portals. Initially, the SEC was to give that process the green light by the end of 2013; however, the agency has been slow to move on the rule-making process. The SEC put forth proposed rules in October 2013, but it isn’t clear when they will be finalized.

While the crowdfunding rules, which are outlined in Title III of the JOBS Act, have drawn most of the JOBS Act’s spotlight, Paul explained that the Reg A changes (contained in Title IV of the legislation) will likely have a much more significant impact for certain companies.

“With Reg A, we’re talking about businesses that are going to be much further along in their life cycle than the ones that would benefit from Title III,” Paul said, noting that the online crowdfunding rules will limit entrepreneurs to raising no more than $1 million from non-accredited investors. “Obviously, a company raising $1 million is in a very different place than a company raising $40 million, or even $10 million.”

“It’s all part of a continuum,” Paul added. “While crowdfunding will be important for getting capital to genuine start-ups – ones that have three people working for them – this will help those that have 300 people working for them and are still looking to grow.” […]”<

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Leaked HSBC Files from Swiss Bank lead to Tax Evasion and Money Laundering charges

Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions

Source: www.theguardian.com

Video:  Guardian explains case against HSBC

>”[…]  The Guardian’s evidence of a pattern of misconduct at HSBC in Switzerland is supported by the outcome of recent court cases in the US and Europe. The bank was named in the US as a co-conspirator for handing over “bricks” of $100,000 a time to American surgeon Andrew Silva in Geneva, so that he could illegally post cash back to the US.

Another US client, Sanjay Sethi, pleaded guilty in 2013 to cheating the US tax authorities. He was one of a group of convicted HSBC clients. The prosecution said an HSBC banker promised “the undeclared account would allow [his] assets to grow tax-free, and bank secrecy laws in Switzerland would allow Sethi to conceal the existence of the account”.

In France, an HSBC manager, Nessim el-Maleh, was able to run a cash pipeline in which plastic bags full of currency from the sale of marijuana to immigrants in the Paris suburbs were collected. The cash was then taken round to HSBC’s respectable clients in the French capital. Bank accounts back in Switzerland were manipulated to reimburse the drug dealers.

HSBC is already facing criminal investigations and charges in France, Belgium, the US and Argentina as a result of the leak of the files, but no legal action has been taken against it in Britain.

Former tax inspector Richard Brooks tells BBC Panorama in a programme to be aired on Monday night: “I think they were a tax avoidance and tax evasion service. I think that’s what they were offering.

“There are very few reasons to have an offshore bank account, apart from just saving tax. There are some people who can use an … account to avoid tax legally. For others it’s just a way to keep money secret.”

The Labour party said: “Tax avoidance and evasion harms every taxpayer in Britain, and undermines public services like the NHS. What is truly shocking is that HMRC were made fully aware of these practices back in 2010 but since then very little has been done.””<

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Business Management: Habits Of Successful People – Infographic

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  Many C-level executives have distinctive formulas to reach business success, and some of the techniques are surprisingly peculiar. Does your pursuit of corporate victory by way of traditional practices need adjusting?

See on themainstreetanalyst.com

Green Computing – Business migration to Data Centers and the Cloud

>With the cloud computing scenario, time and power savings mean everything, in these huge scales, running hardly used servers is effectively throwing money away as well as annoying the environmentalists. In this scenario resource scheduling becomes amazingly effective. so we go back to our 5:30pm shutdown, but on this occassion the technology hosting the Virtual infrastructure kicks in, instead of sitting there half used, it will begin to migrate VM’s that no longer require resources to the same host, so although as a whole they may be using quite a lot of resource, it will enable hosts to be powered down and be sat in a ‘power saving’ state awaiting resources requirements to increase and as such power up from their slumber. Again, getting to the scale of this, you could effectively save power on as an example, 100 hosts – these hosts being the beefiest and most cutting edge servers available, are going to have requirements for a large amount of power, effectively turning these off when not used, is a god send to the idea of cloud computing. Why leave the light on in the attic if you have no intention of going there?

So that is effectively how these datacentres work from a green perspective, but from the company utilising this infrastructure, what do they save?

  • Downsize or offset office space.
  • Downsize onsite infrastructure requirements.
  • Expand the ability for users to work remotely (or globally dependent on your requirements)
  • Support the mobile workforce.
  • Reduce consumables use (printing, ink, paper, file storage costs).
  • Reduce hardware (desktop computers/server systems/UPS’s/cabling)


Green Computing – Office365 #greencomputing
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Predictive Analytics And The Power of Prediction – Small Business Trends

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Predictive Analytics And The Power of Prediction
Small Business Trends
Another interesting correlation experiment is the “Anxiety Index,” a correlation of blog mentions against S&P 500 performance. Fun correlated …

Duane Tilden‘s insight:

>“PA [predictive analytics]  in and of itself does not invade privacy – its core process is the opposite of privacy invasion. Although it’s sometimes called data mining, PA doesn’t “drill down” to peer at any individual’s data. Instead, PA actually “rolls up” learning patterns that hold true in general by way of rote number crunching across the masses of customer records.”<

See on smallbiztrends.com

10 Ways Twitter Will Change American Business – TIME

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Microblogging platform Twitter has 32 million users, an increase from about 2 million a year ago, according to research mentioned in the Wall Street Journal. Some Internet measurement services show…

See on www.time.com

Europe’s Most Advanced Paper Recycling Plant Opened in UK – Waste Management World

See on Scoop.itGreen Energy Technologies & Development

A recycled paper mill claimed to be the most advanced in Europe has been officially opened by Michael Fallon, the UK’s minister of state for business & energy, at Partington Wharfside, Trafford.

Duane Tilden‘s insight:

SIACA said that the mill will help to some 450,000 tonnes a year of used paper from export by recycling it within the UK – reducing carbon emissions by 84,011 tonnes per year – equivalent to taking 28,000 cars off the road each.

Economic boost

According to the company PM-11 has led to the creation of 94 direct jobs plus opportunities for contractors and other roles.

“This cutting edge facility shows how state of the art technology and innovation can help drive growth. It’s a real boost for the economy and will create new jobs for Partington and the local area,” commented Fallon.

See on www.waste-management-world.com

Starbucks presses social media onward

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Five employees manage Starbucks’ social media and, with 34 million fans, have developed the fifth-largest brand on Facebook.

Duane Tilden‘s insight:

“Starbucks was holding Facebook promotions before most restaurants even figured out this was a space they needed to be in,” said Alicia Kelso, senior editor at Networld Media Group in Louisville, Ky., parent company of FastCasual.com and other online trade publications that track the restaurant business.

See on seattletimes.com

Social Dellight: From social media presence to a social business

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Dell is a social media pioneer, jumping in before the first tweet was ever sent. The man who spearheads their efforts, Richard Margetic tells B&T how to improve your brand’s presence.

Duane Tilden‘s insight:

How are brands stumbling on social media?

From the very beginning we realised social was not a traditional marketing tool, and if you treat it as a broadcast medium you’re going to fail. So many brands continue to do that today, despite the fact the medium requires engagement and authenticity and organic communications which are two-way.

The core things companies need to know are whether people are talking about your brand, product or area, and, if that’s the case, you need to establish a presence in social media. […]

Another is curation. Right now there’s so much being generated you need a curator to make sure the amount of time you’re spending is used on things that are important to you. User curation with influential users, will become stronger too.

Then there’s individual social capital. For years people have been talking about influencers, but for us the direction is more along the lines of understanding a complete profile of an individual: his or her levels of expertise, areas of interest and, secondarily, his or her level of influence.

There’s too much grey stuff around understanding influence, but the data and signals generated by individuals will become more embedded across any social media campaign across the company.

See on www.bandt.com.au