EU data base to promote transparency and analyze competitors 11. October 2006 by Thomas Jannot Actually a new data base storing information on EU grants and set up by the EU Commission is meant as a weapon in the fight against money squandering or bad investments. Furthermore, from a political point of view, it is to increase the faith of EU citizens by promoting more transparency. But the data base …
Study on the innovative potential of SMEs from the goods-producing industry 10. October 2006 by Thomas Jannot Quite often small and medium-sized entities distinguish themselves by their innovative power. A new study called “Empirical success factors for increased innovative power” prepared by the Fraunhofer IAO offers a synopsis of all the important benchmark values of the parameters and indicators relevant to business success, in particular for the success of innovative companies operating …
Most detailed credit counselling to SMEs offered by WGZ bank 10. October 2006 by Thomas Jannot According to a current survey by the Financial Times Deutschland (FTD) it is the cooperative WGZ bank which at present prepares small and medium-sized entities (SMEs) in the most detailed manner for rating talks by giving a 20-pages expert opinion. To this end the bank uses a computer programme called „Mind” which helps to draw …
Sales engineers earn the most 9. October 2006 by Thomas Jannot In Germany engineers are very much sought-after. The industrial sector talks about a serious lack of qualified engineers and laments about not being able to staff vacancies for months to come. How much money employers have to pay in order to keep or recruit top engineers is shown by a current salary study carried out …
74.000 domains unblocked again 9. October 2006 by Thomas Jannot The argument about “.eu” domains continues. The Eurid domain allocation company which had 74.000 eu-domains blocked has suffered a strong setback in current legal proceedings, as was reported by the pressetext news agency. By means of an interim order under a penalty of a 25.000 Euro fine per domain and per hour a court in …
WiMAX, UMTS and WLAN broadcasting may be alternatives to DSL 9. October 2006 by Thomas Jannot In Germany the most common internet access is DSL. But the current discussion about the introduction of broadcasting fees is causing quite a stir. Which are the advantages and disadvantages of the different broadcasting techniques? Are they also suitable for business use and what are their characteristics? To whom are the new business models, based …
Young executive managers meet Hidden Champions 7. October 2006 by Thomas Jannot The “Mittelstandstag 2006” is the first recruiting event of its kind bringing together top-talents with up to 5 years of professional experience and so-called “Hidden Champions”. Very often executives start their professional careers in major enterprises with well-known names or working as strategic management consultants. It is only after a few years that many executives …
Self-employed people use internet the most 7. October 2006 by Thomas Jannot A recent study by the Forschungsgruppe Wahlen Online (FGW Online GmbH) has revealed that eight out of ten self-employed people use the internet which means that they form the most active group of internet users. Other findings of the study: The number of people making use of internet telephony has only grown by 1 percent …
Company insolvency figure down by 15 percent 4. October 2006 by Thomas Jannot According to the Federal Statistical Office, there were 16.265 company insolvencies pending at German local courts in the first half of this year which is 15.1 percent less than in the first half of last year. Thus, the positive trend which had already started last year is set to continue. However, the number of private insolvencies …
Financing alternatives for SMEs 4. October 2006 by Thomas Jannot It is a well-known fact that German small and medium-sized entities are struggling with an equity ratio which is much too small. As a consequence rating will be so low that outside capital is difficult to obtain and only at a higher price. Improving a company´s liquidity generated from operating revenues is therefore a logical …