Monday, January 10

Corporate security: not just for Christmas

Extract . . .

8.5m office workers are planning to plug Christmas gadgets into the workplace. Something else to worry about.
 
Read more here
http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1047775/corporate-security-not-just-christmas/

Will the new VAT hike derail the recovery?

Extract . . .

Doom-mongers are predicting that hiking VAT to 20% will result in higher inflation, slower sales and job losses. Happy New Year to you, too.

Read more here
http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1047767/will-todays-vat-hike-derail-recovery/

How to tell which business angels are . . .

. . . an appropriate funding source for your company.

The simple answer is 'use your intuition'. Although simple, it is relevant – but it’s far from the whole story. Intuition can be an unreliable friend. So don’t rely on it entirely. There are other aspects to consider.

An angel investor might be a great opportunity to gain an advisor. So do your research. Is this person looking to just invest cash without any hands-on involvement – or can they contribute significant experience, knowledge, and networking opportunities, as well as the cash you need to grow your business?

Ideally you’d want both. Practically though, you might not get both in one individual. Fair enough. Under such circumstances you might want a suite of investors: some who contribute both cash and expertise, and others who contribute just the cash. You can never have too much cash, whereas it is possible you can have a surfeit of advice.

Advice is ideal if it is relevant, of course, but can be problematic if there is disagreement on advice between two or more of your business angel investors. Sooner or later you’ll end up being a referee, and that way you are bound to upset one of them, or all of them.

So to reiterate, ideally you want more that one business angel. Both provide cash and one provides expertise.

Should eBay and PayPal hand your sales data to the tax authorities?

Extract . . .

There’s been much talk recently both in the UK and in the US regarding eBay, PayPal and the tax man. The big issue is should eBay and PayPal hand across sales data and seller’s details to the authorities to ensure that any taxes due are paid. In the UK the issue was sparked by the story in the Daily Mirror of a seller who is allegedly not paying VAT, even though they are well above the VAT threshold. It’s been suggested that it’s down to eBay to ensure that sellers are registered as businesses, are registered for VAT if their sales exceed the VAT threshold, and that it would create a level playing field for all ensuring no one is disadvantaged by being forced to compete with sellers who aren’t paying their dues.

Read more here
http://tamebay.com/2010/12/should-ebay-and-paypal-hand-your-sales-data-to-the-tax-authorities.html

Microsoft warns on IE browser bug

Extract . . .

Microsoft has issued a warning about a serious vulnerability in all versions of its Internet Explorer (IE) browser. If exploited by a booby-trapped webpage the bug would allow attackers to take control of an unprotected computer.

Read more here
http://www.bbc.co.uk/news/technology-12067295

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