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Quoted – Icahn Turns His Powers of Persuasion on Tim Cook – ECommerce Times

October 28, 2013 by 5 Comments
Image representing Apple as depicted in CrunchBase

Image via CrunchBase

Despite Carl Icahn‘s declarations that he’s interested only in what’s best for Apple’s investors, the self-proclaimed champion of “real corporate democracy” has his doubters.

Why add to Apple’s debt to pay for the buyback when it’s sitting on so much cash?

“A lot of the cash is overseas, and if you brought it back to the United States for a buyback, it would get taxed at a very high rate,” business professor Scott Testa told MacNewsWorld.

“Since it’s so cheap to borrow money, it makes no sense to bring the money back into the United States and get killed from a tax perspective,” he added.

http://www.ecommercetimes.com/story/Icahn-Turns-His-Powers-of-Persuasion-on-Tim-Cook-79268.html

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Quoted – 10 Tips for Better Time Management at Work – Staples.com

October 15, 2013 by 2 Comments
English: John Nepolitan photo taken at the sta...

English: John Nepolitan photo taken at the start line of the NYC Diamond League meeting (Photo credit: Wikipedia)

Many of us struggle to find enough time in the day to accomplish all that we need to do, but the crunch can be even more difficult for those working in a small business. Here are 10 tips to help you find time to focus on your business.

Tip #5: Take Breaks

Don’t underestimate the value of downtime, which helps your brain recharge and clears your thinking. Dr. Scott Testa, director of the Entrepreneur and Business Boot Camp at Villanova University, likes to go on predawn runs or bike rides. “That time unfocused on the business and exercising allows me to focus on the business,” he says. “It’s counterintuitive, but it helps me focus on what is important.”

http://www.staples.com/sbd/cre/tech-services/explore-tips-and-advice/tech-articles/10-tips-for-better-time-management-at-work.html
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Looking for companies or organizations who want a free business plan written or updated?

August 29, 2013 by 8 Comments
Business Plan in a Day book

Business Plan in a Day book (Photo credit: Raymond Yee)

Looking for companies or organizations who want a free

business plan written or updated?. .

Entrepreneur course by students. . – email me stesta97@gmail.com

I am also looking for Entrepreneur or Business related speakers who want free publicity.

You must come to Philadelphia to present and work with students. . no teleconferencing or Skype

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Quoted – Fresh & Easy stores could pull out of Valley – Businessweek

December 6, 2012 by 1 Comment

Fresh & Easy‘s parent company is considering selling its stores and pulling out of the U.S., leaving the fate of the eight stores in the central San Joaquin Valley up in the air.

But at least one retail expert said the end is near for Fresh & Easy.

“I think eventually they’ll pull out,” said Philadelphia-based independent retail expert Scott Testa. “They’ll probably find a buyer.”

But the stores didn’t make the kind of money its parent company wanted to see. Fresh & Easy entered an incredibly competitive environment, Testa said.

“This grocery business is a tough, tough business,” he said. “Margins are small.”

Signs of the retailer’s struggle were evident in the Valley.

The company closed the Fresh & Easy at Cedar and Shields avenues in January, part of at least two rounds of store closures companywide.

Read more here: Businessweek
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Black Friday gobbles up Thanksgiving

November 21, 2012 by 5 Comments
The First Thanksgiving, painting by Jean Louis...

The First Thanksgiving, painting by Jean Louis Gerome Ferris (Photo credit: Wikipedia)

It might be more than just a matter of consumer gluttony.

“There are reasons why we are the last superpower left,” said Scott Testa, a marketing consultant and former marketing professor from the Philadelphia area. “It’s because we are a democracy and because of our economic strength. It’s part of our DNA as Americans. Your typical American loves to shop.”

Power of conformity

“Retail Creep” is not a new phenomenon.

Blue laws prevented stores from opening Sundays for religious reasons. Most of the laws have been repealed, yet the sale of alcohol is still prohibited on Sundays in many places.

A fundamental cultural shift may facilitate the creeping consumerism.

“There are no barriers,” Testa said. “I am absolutely convinced you will see retailers in the future that simply require less people, less cashiers. Technology will do a couple of things; e-commerce will continue to grow, and physical retailers through technology will be able to operate with less people today. I would not be shocked if you see the Wal-Marts and Targets of the world open all day Thanksgiving and Christmas.”

http://www.poconorecord.com/apps/pbcs.dll/article?AID=/20121121/NEWS/211210310/-1/NEWS01

 

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