E-Readers Make Great Gifts -- but Which One?

Kindle offer on Amazon website

In these precious few holiday shopping days left, e-readers make for an easy gift for a wide range of family and friends. So, DailyFinance has assembled a guide to the major e-readers and what each one is best suited for as well as what issues you should consider before buying.

Continue reading E-Readers Make Great Gifts -- but Which One?

E-Readers Make Great Gifts -- but Which One? originally appeared on DailyFinance on Tue, 21 Dec 2010 07:00:00.

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Source: http://www.dailyfinance.com/story/media/e-reader-gift-guide/19751630/

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The Boiled Frog - Feb 22,2010

Joe Stack, Lower Merion School District's Scandal, The Rasmussen Poll, Health Care, Embezzlement in all of it's forms. How much is enough folks? What part of our nation's founding documents did you (and Washington DC) not understand?

Market Ticker | Markets | Stocks | Economics | Politics

Source: http://www.blogtalkradio.com/marketticker/2010/02/22/the-boiled-frog

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Sunburned Whales (Video News)

Welcome to Planet 100 for November 11, 2010. Here's what we're covering today. WATCH VIDEO: Sunburned Whales Sunburned Whales Some whale species off the Mexican coast are showing signs of severe sunburn most likely caused by the ozone layer's decreased ability to block UV rays. Whales are particularly vulnerable to the sun damage in part because they need to spend extended periods of time on the ocean's surface to breathe, socialize, and feed their young. Since they don't have fur or feathers, that effectively means they sunbathe naked. Or a lead researcher Laura M... Read the full story on Planet Green

Source: http://planetgreen.discovery.com/feature/planet-100/sunburned-whales-video-news.html

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Know Food's Water Footprint?

Know Food's Water Footprint?

by Matthew McDermott
water footprint food
tomatoes photo
How many gallons of water are required to grow a pound of tomatoes?

19 gallons

22 gallons

34 gallons

Read the full story on Planet Green

Source: http://planetgreen.discovery.com/games-quizzes/water-footprint-food-quiz/

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How to Perform a Break-Even Analysis


A break-even analysis is a key part of any good business plan. It can also be helpful even before you decide to write a business plan, when you're trying to figure out if an idea is worth pursuing. Long after your company is up and running, it can remain helpful as a way to figure out the best pricing structure for your products.

It sounds complicated, but it's not. Basically, a break-even analysis lets you know how many units of stuff—say, how many ham sandwiches, iPhone apps, or hours of consulting services—you must sell in order to cover your costs.

You'll need several basic pieces of information:
• Fixed costs per month
• Variable costs per unit
• Average price per unit

Performing a Break-Even Analysis: Fixed Costs

Fixed costs are ones like rent and administrative payroll that don't change much from month to month, regardless of how many units you sell. SCORE lists many common fixed costs.

"Be sure to include everything," says Jerry Chautin, a volunteer SCORE business mentor in Atlanta and Sarasota, Florida. "People forget about things like deposits or contingency funds, which can add up to a sizable amount."

If you're creating a business from scratch, don't rely on guesswork to estimate your costs. Chautin suggests asking the utility company for the past year of bills for your location. Call an insurance broker for a real quote for your particular business. Check with trade associations or web sites such as www.bizstats.com for information on average costs in your particular industry.

Dig Deeper: Exploring the Break-even Analysis


Performing a Break-Even Analysis: Variable Costs

Variable costs are ones like inventory, shipping and sales commissions that rise or fall with your sales volume. As with fixed costs, talk to trade associations, vendors and even other business owners in your field to come up with the most accurate estimate.

"Look up the financials of public companies in your industry: 10-Ks, which are annual disclosures, or 10-Qs, which are quarterly," Chautin says. "Even though those companies are much larger, you can size it down. The ratios are not going to be that far off."

Dig Deeper: Break-Even Analysis Chart


Performing a Break-Even Analysis: Pricing

This is the trickiest of your three pieces of data, since you're able to choose exactly where to set your prices. Start by looking at your competition, and how they price their products. You can also do informal focus groups to see what people might be willing to pay for your wares or services.

"You can look at pricing many different ways," says Gwendolyn Wright, a small business coach with The Wright Consultants in San Francisco. "How's your competition pricing it? Do you want to be at the midpoint, higher end, or lower end? I see people pricing earrings at three times what their competitors are charging. Why would anyone buy that?"

You'll also need to consider your costs when setting prices. If you spend $2 on meat and condiments to produce a hamburger, you'll obviously need to price it at more than $2. But how much more—$4? $5? $7? That's where a break-even analysis can come in handy.

Dig Deeper: Break-Even Analysis in Inc. Tools


Performing a Break-Even Analysis: The Formula

Once you've got your cost data and a target price, plug them in to this formula:

BEQ = Fixed costs / (Average price per unit – average cost per unit)

This will tell you your break-even quantity (BEQ), the number of units you need to sell to cover your costs. Any sales above that are pure profit. Anything below means you're losing money.

Here's an example. Suppose you're turning a jewelry-making hobby into a business. You have $1,000 per month of fixed costs (studio rent, utilities, equipment, etc.). Your variable costs for each necklace are $50 for materials and labor. You'd like to charge $70 per necklace, since that's what similar pieces are selling for.

BEQ = $1000 / ($70 – $50) = $1000 / $20 = 50

That means you'd need to sell 50 necklaces a month at $70 each in order to break even.

Use your break-even formula to compare different pricing strategies. For instance, if you raised the price to $80, you'd only need to sell 33 necklaces—but it might be harder to attract buyers.

On the other hand, if you lowered the price to $60, you'd attract bargain shoppers—but would need to sell 100 necklaces to break even.

The break-even formula can help you compare different cost structures as well as prices. For instance, suppose you used less expensive materials in your necklaces and pared the unit cost down to $45. The formula tells you that you'd have to sell just 66 necklaces at $60 to break even.

You can use a basic Excel spreadsheet to run different break-even scenarios, or download one of many break-even templates available online.

Dig Deeper: Break-Even Analysis, a Basic Calculation

Source: http://feedproxy.google.com/~r/inc/headlines/~3/Gm4-mdtfsMY/how-to-perform-a-break-even-analysis.html

COSMOTE MOBILE TELECOM. D-LINK DIGITAL CHINA HOLDINGS DIRECTV GROUP

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Entering Year Three of the Presidential Cycle and Bull Market

David I. Templeton submits:

In a few short weeks the presidential cycle will enter its third year and the market has been kind to investors at this point in the presidential cycle. As the below chart details, since 1945, the third year of a president's term has seen the S&P 500 Index rise an average of 17.1% and up years have occurred in 94% of those years.

Click to enlarge:


Complete Story »

Source: http://seekingalpha.com/article/242915-entering-year-three-of-the-presidential-cycle-and-bull-market?source=feed

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