Thanks to SME Germany is less sensitive to high oil prices 24. May 2006 by Thomas Jannot An article by the FrankfurterAllgemeineZeitung (FAZ) demonstrates an interesting connection: The German industry is profiting from high oil prices due to a backflow of petrodollars from the oil-producing countries buying high-quality technology and equipment in Germany.
Corporate podcasting as a new kind of communication for SME 24. May 2006 by Thomas Jannot According to the news service Pressetext.de the number of downloads from so-called podcasts (⇒ Wikipedia) has plainly multiplied by ten over a period of one year in Germany. Whereas in June 2005 there were still about 220.000 downloads being registered, this number increased to over three million recorded each month by March 2006. Podcasts can …
Increased turnover on German book market 23. May 2006 by Thomas Jannot For the first time in four years there is a noticeable increase by 0.9 percent in turnover on the German book market which is mainly dominated by small and medium-sized entities (SME). Book merchants, publishers and whole salers recorded a turnover of 9.2 billion Euros last year. Also in 2006 signs point to another increase. …
Prizes worth 15.000 Euros to be awarded to companies providing training 23. May 2006 by Thomas Jannot Wirtschaftsjunioren Deutschland (WJD), the Junioren des Handwerks, the Interversicherungen and the impulse business magazine will award the »training ace award« to model companies providing training as well as to exemplary training initiatives. The prize is endowed with a total of 15.000 Euros. The award is intended to draw the general public´s attention to the variety …
Higher taxes on lease and rent detrimental to SME 23. May 2006 by Thomas Jannot With about 50 billion Euros the leasing industry is the biggest investor in Germany. As was reported by the dpa subsidiary news aktuell, the chairman of the Bundesverbandes Deutscher Leasing-Unternehmen e.V. (BDL), Mr. Horst-Günther Schulz, strongly criticized the plans of the Federal Minister of Finance, Peer Steinbrück, who wants to increase trade taxes on lease …
5 strategies for SME as recipes for the way to success 22. May 2006 by Thomas Jannot A concise cookbook for the success of small and medium-sized entities (SME) is the „Innovative future – strategies for SME winners in 2006″ survey, which was carried out by Ernst & Young in co-operation with the F.A.Z. institute for management, market and media information.
SME turn attention to Business Intelligence 22. May 2006 by Thomas Jannot As is reported by the IDC, small and medium-sized entities (SME) are increasingly interested in so-called Business Intelligence, a software which transforms operational data into knowledge on the basis of which business decisions are made. According to the IDC survey, the German market for such software is growing by approx. five percent annually and will …
Emails have to be stored for tax audit 20. May 2006 by Thomas Jannot The latest edition of the Computerwoche magazine draws the attention to a weak point of many companies: Although emails with tax relevant contents, just like the relevant paper documents, have to be stored for 6 years (for data which refer directly to accounting entries or year-end financial statements this period is even ten years), there …
IFRS accounting unavoidable for SME in the medium-term 20. May 2006 by Thomas Jannot At the convention of the Federal Association of Accountants and Controllers (BVBC) which is currently taking place in Suhl, Germany, Mr. Uwe Jüttner, chairman of the association, expressed himself on the introduction of the so-called International Financial Reporting Standards (IFRS ⇒Wikipedia) which draws nearer also for small and medium-sized entities (SME). He stressed that although …
There is still potential for electronic procurement of SME 19. May 2006 by Thomas Jannot According to an old merchant´s saying cost-efficient procurement is the best way for companies to save money. As was reported by the Federal association for material management, procurement and logistics e.V. (BME) at the “e_procure & supply” expert fair in Nuremberg, companies using tools for electronic procurement on average save between 15 and 30 percent …