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A heartbreaking story about time and money.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Ignoring the cost of product for a moment to make a point, saving a month’s fixed overhead by making processes more efficient, could easily double profits for the year.

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Looking to be acquired? Think the 10/40 or 20/20 rules.

Berkonomics

If you are experiencing 20% annual growth and 20% net profit before depreciation and tax, or any combination that adds to 40% (such as 10% profit and 30% growth), you are a prime target. That’s quite a goal to achieve. But there are obvious and not–so obvious ways to make it happen, even if over time. The second rule: The 20/20 rule.

.Net 156
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Demand Media Nets $77.2M From IPO

socalTECH

in net proceeds from the firm's IPO last week. The firm, which debuted on the NYSE as DMD, said it will use the new funding for investments in content, international expansion, working capital, product development, sales and marketing activities, general and administrative matters and capital expenditures.

.Net 145
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How much do you spend on R&D? Is it enough?

Berkonomics

One of the most obvious reasons mature businesses die away – when we look in the rear view mirror – is that they did not spend to renew their product or service when newer entrants into the business arrived with better products and services built upon newer technology. Should be an easy fix for companies making annual net profit.

.Net 120
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Cohu Divests PCB Test Business

socalTECH

According to Cohu, it sold its Printed Circuit Board Test Group (PTG) business to Mycronic AB, a Swedish company involved in development, manufacture and marketing of production equipment, including atg Luther & Maelzer GmbH and other affiliated entities and assets. in sales for the last twelve months.

.Net 113
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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

New product process. Business risks are not just development risks. From time to time, include customers and sales members in ideation sessions. Make sure all team members have some connection with the product – has either used it, or sold it, or assembled it. Net result and reward. Failure is the best teacher.

Coach 137
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Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.