Tuesday, April 7, 2020

Council Post: Don't Waste Your Small Business Budget On These 11 Line Items

For new or smaller companies, budgets are often tight and every dollar must be spent wisely. Cutting waste from the budget can make the difference between struggling to stay afloat and turning a profit. That's why finding and eliminating unnecessary expenses is a vital practice for small businesses. 

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Forbes Finance Council is an invitation-only, fee-based organization for senior-level finance executives.

Publisher: Forbes
Date: 2020-04-06
Author: Expert Panel
Twitter: @forbes
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This may worth something:

2020/03/12 UK Budget 2020 – Asset Holding Companies in Alternative Fund Structures | Dechert LLP

The government is pursuing a review of taxation and relevant areas of regulation applicable to the existing UK funds regime in order to ensure its ongoing competitiveness and sustainability.

As an opening step, there is to be both a review of the value-added tax (VAT) charges on investment management fees and also an exploration of the attractiveness of a new UK intermediate asset holding company (UK AH) vehicle through which alternative funds could hold assets. This might be achieved either through changes to existing UK tax rules applicable to companies or by the creation of a new bespoke tax regime for such UK AHs.

Publisher: JD Supra
Twitter: @jdsupra
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TCL details 10 Series releases, plans to launch $400 5G phone in US - CNET

The phone has four rear cameras: a 64-megapixel main shooter with a 16-megapixel camera, a 5-megapixel macro for close-ups and a 2-megapixel for improved low-light photos. There's also a 24-megapixel front sensor found in a teardrop notch at the top of the screen.

Also present are a 3.5mm headphone jack, 4,500-mAh battery and Android 10 software. TCL promises we'll get an upgrade to Android 11 in the future.

The 10L is the budget phone of the three. Priced at $249 (£199, approximately AU$500) it switches from AMOLED to a 6.53-inch full HD display with a Qualcomm Snapdragon 665 processor with either 6GB RAM and either 64GB or 128GB of storage, also expandable via microSD. A fingerprint sensor is around the back underneath four rear cameras: A 48-megapixel main, 8-megapixel superwide, 2-megapixel macro and 2-megapixel depth sensor.

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Publisher: CNET
Author: Eli Blumenthal
Twitter: @CNET
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Hess cuts CAPEX and exploration budget by $800 million, focuses on Guyana

The reductions to the company's 2020 capital budget will be primarily achieved by shifting from a six-rig program to one rig in the Bakken, which is expected to be completed by the end of May. Most discretionary exploration and offshore drilling activities, excluding Guyana, will also be deferred.

In 2020, approximately 80% of the company's oil production is hedged by put options, with 130,000 barrels a day at $55 per barrel West Texas Intermediate put options and 20,000 barrels a day at $60 per barrel Brent put options. In addition, the company entered 2020 with more than $1.5 billion in cash and cash equivalents on its balance sheet and has a $3.5 billion undrawn revolving credit facility and no material debt maturities until 2027.

Date: 1D13E169D1013DD25BFCEFC16212E6C5
Twitter: @WorldOil
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Many things are taking place:

T-Mobile Closes $26 Billion Sprint Deal, Budget Conscious Consumers Beware

FILE - In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint ... [+] stores in New York. Published reports say a group of state attorneys general are planning a lawsuit to block a $26.5 billion merger of wireless carriers T-Mobile and Sprint. It's an unusual step ahead of a decision by federal antitrust authorities. (AP Photo/Mark Lennihan, File)

New Phone, Who This: Only time will tell if low-income budget conscious consumers are going to be stuck with higher prices and fewer options. Americans already pay some of the highest prices for wireless and fixed broadband among all developed nations, so less competition probably won't fix that. In the meantime Shares of T-Mobile are continuing on an upward trend and have increased more than 35% in the past two years.

Publisher: Forbes
Date: 2020-04-06
Author: Kori Hale
Twitter: @forbes
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Where Should You Spend Your Marketing Budget in 2020? - Business 2 Community

In general, small businesses allocate 7% to 12% of their gross revenues to marketing. This compares with the Small Business Administration's suggestion of spending 7% to 8% on marketing. Of that amount, the total budgeted to digital marketing is expected to rise to 45% in 2020 compared to 42% in 2019. The biggest share of digital marketing expenditures will go to video marketing, and social media ads will account for 25% of the average digital marketing budget.

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For example, assume your business is a startup and you expect to gross $100,000 in the first year. With a budget between 12% and 20%, your marketing expenditures should range from $12,000 and $20,000.

Publisher: Business 2 Community
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gov.sg | Solidarity Budget 2020 Further support for businesses through the circuit breaker period

During this circuit breaker period, many firms may not be able to operate or can only operate at a much reduced level. To help businesses preserve their capacity and capabilities so they can hit the ground running once the circuit breaker is lifted, Deputy Prime Minister and Minister for Finance Heng Swee Keat announced additional support on 6 Apr 2020.

Here’s a breakdown of the support businesses can receive from the Solidarity Budget, as well as a recap of the earlier announced Unity Budget and Resilience Budget .

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UnitedHealthcare Medicare Supplement Plans: Protecting Your Senior Healthcare Budget
Publisher: Parade
Date: 2020-04-06T07:28:10-04:00
Author: chrissmith1
Twitter: @ParadeMagazine
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