Women in Business – Recession Busters

Financial crisis – you hear the term all the time.  You own a TV, radio, computer, newspaper or magazine subscription? Then you have heard the forecasts.  But even in the midst of a “financial crisis” we are seeing select companies not just weathering this storm, but thriving within it.  If history has taught us anything it is that the economy moves in cycles.  The crisis of today can be the boom of tomorrow.

What is different about this financial crisis?  Now, more than in any other point in history, we have the benefit of a fresh outlook.  There are more women in positions of true power than ever before.  There is no doubt that some key women will emerge from this economic downtrend as financial heroes.

Here are three woman who are breaking all barriers by not just leading their companies, but by leading them through these tough times:

1. Indra Nooyi – Pepsico: Chairperson and CEO

Like many business sectors in this day and age, the soft drink industry was facing a steep downturn.  North American beverage sales in general were falling relatively rapidly.  Nooyi reacted quickly to reports of falling revenue.  She bolstered Pepsi’s international presence to offset the North American slowdown.  In fact, now 26% of Pepsi’s revenues are collected internationally.  Also, noticing the upward trends in consumer demand, she prompted Pepsi to start supporting it’s more healthier brands (like orange juice with omega-3 fatty acids).

The Result:  In a tough market with a current downtrend, Nooyi was able to keep Pepsi stocks flat versus one year ago.

2. Irene Rosenfeld – Kraft Foods: Chairperson and CEO

“The Big Cheese of All Turn Arounds” was Rosenfeld’s goal when she first took over the helm at Kraft Foods.  When she took over stock had been losing steam.  The food giant needed a fresh approach.  She was responsible for an upheaval that saw her plunge more money into brand building.  She then gave power back to local managers (especially in third world countries).  She also made sure Kraft began launching more quick microwaveable meals immediately.

The Result:  Last year Kraft stock stayed relatively flat in a downtrending marketplace.  It also replaced AIG on the Dow.  Multi-billionaire Warren Buffet also saw promise in Rosenfeld, upping his stake to a full 9%.

3. Andrea Jung – Avon Products: Chairperson and CEO

Similar to Rosenfeld, Jung was given the task for an “extreme company make over”.  Also similar to Jung she was not afraid to step right in and take control.  Not one to walk lightly, she quickly trimmed management, invested $100 million in research AND tripled their ad spending. In her off time, Jung is also the only female member (as of 2008) on Apple’s board.

The Result:  Avon doubled it’s Chinese reps to 700 000, and in 2008 the stock was actually up 15%.  Their second-quarter performance of that year was the best since the turnaround began.

These three women have looked disaster in the face and decided … Read More

Which Automobile Leasing Choice to Select?

There are lots of vehicle leasing alternatives you may come across and it is actually at times tough to opt for the proper 1. You need to do adequate investigation to seek out out which vehicle leasing alternative suits your kind of work, organization or individual circumstances.

Contract Hire

Contract employ, contract acquire, leaseback and finance lease would be the main kinds of car leasing selections readily available. Contract hire can be a kind of long term rental arrangement which could be opted for by company folks and personal users. This kind of vehicle leasing is suited finest for those who prefer to pay smaller payments initially each and every month, there is certainly no risk of depreciation or the problem of disposing in the vehicle, for the user.

It can be the finance enterprise which delivers the contract employ service, it buys the automobile, requires around the threat of any possible depreciation or loss and requires the duty of disposing in the vehicle in the finish with the term on the contract. The contract is between 2 and 5 years, plus the consumer has to take a credit check. So you will need to be reasonably confident that your credit file is up to scratch. Every single client can possess a tailor produced contract to suit his person desires and VAT registered enterprise can claim half the VAT charges. Vehicles for pure small business use can claim each of the VAT charges. Monthly rentals can also be offset with earnings that are taxable.

Contract Obtain

Contract obtain is actually a form of vehicle leasing opted for by corporations or organizations. They employ highly-priced vehicles and wish to become given the choice of either handing over the vehicle at the end with the term of the contract, or to purchase the auto at the finish from the period. This sort of contract does away with the danger of any depreciation. Here, an initial payment is produced and is followed up by monthly installments. In this type of car or truck leasing, the vehicle is shown as an asset within the account books on the enterprise. At the finish of your term of contract, the business enterprise can invest in the car or truck having a balloon quantity and claim ownership from the auto, or it could return the car or truck and go in for a new contract for yet another automobile.

Leaseback

Leaseback is a form of car leasing and is utilized by corporations. Companies which wish to free the capital generated from the sale from the car at marketplace worth to a finance business, typically go in for this type of contract. The finance firm then leases back precisely the same automobile for the enterprise which sells it, and this is completed with VAT in thoughts. This time round, the contract choice will be the contract hire kind.

Finance Lease

Finance lease is actually a type of commercial leasing and is made use of by corporations … Read More