Silent auctions are a great way to raise additional funds at any event. Putting together the right basket makes all the difference. Themed baskets are the best way to accomplish this. While individual gift certificates for restaurants and local businesses are great, they may only appeal to a few individuals at the event. Combine them with other items to make the basket stand out and appeal to more bidders. All of this sounded great, and she was talking 90 miles per hour; plus, I was in the midst of rush hour traffic, so I was also distracted with that. So imagine what was going through my mind as I’m driving through this traffic listening to her spiel telling me she’s going to get me all this business. I was thrilled with the prospect, but in the back of my mind, the thought was there about cost.
With the assistance of FoodExport, we started hitting the global trade-show circuit. They provide exploratory tours to help retailers discover whether a particular market is right for them. These tours offer crucial learning time, where retailers, manufacturers and distributors can quickly learn which regions are worth pursuing. When you’re on one of these tours, I recommend maximizing every minute of your research gathering.
In my opinion, both emerging startups and SMEs are the next growth area for the country – the growth in terms of economy, technology and human capital. With the TPPA and opening of ASEAN markets, the timing now to support these businesses is simply right, inevitable perhaps.
For many of the most serious business finance mistakes made by lending institutions, greed is a common theme. Unsurprising negative results were produced by the attempt to produce quick profits and higher-than-normal returns. The only people seemingly surprised by the devastating losses are the bankers themselves. After two years of trying unsuccessfully to get someone else to pay for their errors, the largest small business lender in the United States (CIT Group) eventually declared bankruptcy. We are already seeing a record level of bank failures, and by most accounts many of the largest banks should have been allowed to fail but were instead supported by artificial government funding.
Hi Kierstin, thank you for writing this, it was very thorough and well thought out! I am an Independent Watkins Consultant so I wanted to share some information about the company. The current fee to join is $19.95, however starting January 1, 2017 the fee will go up to $29.95. This is an annual fee but will include a J.R. Watkins e-Consultant website where you can send your customers to shop directly from you online, which is a very nice bonus! Currently the website costs $65 to set up plus $19.95 a month so this change will result in a huge savings for consultants.
Another effective auction is an auction held when a business has failed and the contents of the business is auctioned off by the lender to recoup some of their losses. While these auctions are unfortunate for the former business owner (we never like to see fellow businessmen fail) it can actually be beneficial for auction buyers. I attended one of these auctions and was able to secure a ton of needed equipment and supplies at ridiculously low prices. Staplers, computers, copiers, trash cans, artwork, shelves, file cabinets, carts, and more are just some ideas of what I was able to save drastically on. Often most of the other auction buyers are after bigger ticket items so things like trash cans, shelving units and file cabinets go ignored as dull and boring.