Time is your inventory. You charge for time, improve efficiency to save time, and pay technicians for how productively they use time.
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"Time is our inventory just like electronics are inventory for Best Buy," says Adam Linnemann, president, Linnemann Lawn Care in Columbia, Ill. "How does Best Buy protect its inventory? They have a point-of-sale system, a security person at the door and cameras. They watch over their inventory.
You know the old saying, time is money. Unfortunately, many lawn care operators find this out the hard way when they treat a service as a loss-leader to win work (bye-bye, profit) or fail to budget accurately and wind up spending more than they make.
Other things to check out:
Budget carrier Frontier Airlines files for an IPO again
Frontier Airlines filed for an IPO on Monday, a second attempt to go public that comes as the industry positions itself for a rebound from the Covid-19 pandemic.
The airline is owned by private equity firm Indigo Partners, whose managing partner is airline industry veteran and low-cost pioneer Bill Franke, Frontier Airlines' chairman.
Airlines are gearing up for a rebound in travel demand after U.S. passenger levels last year fell more than 60% to the lowest point since 1984.
Avis Budget Group Announces Pricing of $500 Million of Senior Notes
PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the "Company") announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the "Issuers") priced an offering of $500 million aggregate principal amount of 4.75% senior notes due 2028 (the "Notes") in a private offering, which represents a $150 million increase from the previously announced size of the offering.
The Company intends to use the net proceeds from the Notes offering, together with cash on hand, to redeem all of the Issuers' outstanding 6.375% senior notes due 2024 and $140 million of the Issuers' outstanding 5.250% senior notes due 2025, and pay related fees and expenses.
Hong Kong: Cost subsidies to set up or re-domicile Open-ended Fund Companies announced as part of
Reflecting the Hong Kong Government’s aim to consolidate Hong Kong’s status as an international asset and wealth management center, Hong Kong’s OFC regime commenced in 2018.
The 2021-22 Budget Speech also contained additional measures that continue efforts to make OFCs a compelling option and that will be welcomed by the industry. Those were:
The SFC is expected to announce relevant details of how the subsidies may be obtained in due course.
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Investors dump $2 bn worth of India stock, bond funds after Union Budget | Business Standard News
Investors withdrew 172.2 billion rupees ($2.5 billion) from Indian stock and company debt mutual funds in February as concerns mount about the sustainability of returns.
“Also, many investors could be waiting it out till the interest rate environment settles.”
UK Budget 2021: what could be in it for small businesses?
The next UK Budget is on 3 March 2021. With most of the UK still in lockdown, Chancellor Rishi Sunak is expected to build on the government's plans to lift Covid-19 restrictions.
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Updated 23 February to mention the business rates review delay, the Scottish rates extension, and the report from The Sunday Times on Corporation Tax.
The government usually gives two economic announcements a year – the Autumn Budget and Spring Statement.
Budget 2021: What do young aspiring actors make of it? - BBC News
Chancellor Rishi Sunak has pledged £400m for the struggling arts sector. The BBC spoke to a group from The Young Actors Company in Cambridge to see what they made of the announcement and the Budget as a whole.
Having struggled since last March when gig venues, cinemas and theatres were forced to close, the Budget announcement could not have come soon enough for the arts sector.
Many who work in the industry are freelancers who have found themselves struggling during successive lockdowns.
Budget 2021: Furlough extension, business cash grants and more - Personnel Today
Formally announcing the furlough extension, he said: “The government is proud of the furlough, one of the most generous schemes in the world.”
Employees will continue to receive 80% of their wages while on furlough until September However, from July, the employers will need to contribute 10% towards employees’ wages, followed by 20% the following month, on top of continuing to pay employers’ national insurance and pension contributions.
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