Hot Business News Today

Concern over red tape and skills shortages for small businesses

by Successful IBO • January 8, 2015 • 0 Comments

Half of small and medium-sized businesses are worried that tough legislation will hamper their ability to grow in the next 12 months.

Hot Business News Today

PartyLite Candles Expands Into Turkey

by Tina Williams • January 8, 2015 • 0 Comments

PartyLite is excited that its products will now be available in Turkey. PartyLite is the world’s number one party plan company selling candles, candle holders, flameless fragrance and wax warmers, as well as holiday and home décor, predominately through independent business entrepreneurs.
PartyLite reached an agreement in October with Istanbul-based which will have exclusive distribution rights to sell a variety of PartyLite products in Turkey. The opening of the Turkish market means that PartyLite products are now available in 18 countries across the European continent.
Martin Köhler, President of PartyLite Europe, and Luca Pozzoli, PartyLite group general manager for Switzerland and Emerging Markets, greeted more than 150 independent entrepreneurs at a festive opening event held by the distributor in December. Approximately 500 starter kits have already been ordered for 2015 by the distributor.
The distribution company was founded by two enterprising women, Elçin Birben and Hürcan Haydar, who both have several years of experience in direct selling. “We are a young company with a goal to play a vital role in the Turkish direct selling industry,” explained Elçin Birben.

Luca Pozzoli, who also serves as PartyLite Vice President of Market Development, said, “Elçin and Hürcan are very ambitious individuals, and we have no doubt that they are capable of growing

Hot Business News Today

Avon’s Downtrend Continues And Hits 52 Week Low

by Tina Williams • January 8, 2015 • 0 Comments

Share price of Avon Products Inc. has been witnessing a downtrend for about over a year as the company has lost its luster due to continuous loss of active representatives, declining volume, unfavorable foreign currency translations and reduced margins in mature markets like North America. Consequently, shares of this New York-based global beauty company hit a new 52-week low of $8.54 yesterday, before closing trade at $8.61. Moreover, the stock has tumbled about 49.6% year over year.
The aforementioned factors have led Avon to produce distressed operating results over the past few quarters. Further, weakness in the emerging markets as well as regulatory and cash flow issues risking dividend are the other negatives.
Additionally, over the last four years, Avon has witnessed a declining revenue trend in North America, especially in the U.S., mainly due to a decrease in active representatives, partly offset by large average order. Total revenue from this region has declined considerably from about $2,293.4 million in 2009 to nearly $1,458.2 million in 2013. Further, revenues from this region have also declined so far in fiscal 2014, reporting an 8% fall in the third quarter. The company’s management is concerned about the decline in revenues and has been constantly striving to

Hot Business News Today

Where to Focus Your Marketing Energy

by wahanelson • January 8, 2015 • 0 Comments

By Dawn Berryman Do you subscribe to the notion of the New Year, New You? Do you make New Year’s Resolutions each year? Do you stick to them or do you lose sight of them after a few short weeks? Do you look at the New Year in business the same or differently than you do […]

Hot Business News Today

Top Income Earner, Robert Dean, Joins Kannaway

by Tina Williams • January 8, 2015 • 0 Comments

Robert Dean has moved companies again and Kannaway released the following press-release announcing his latest move. The statements in the press-release are of the companies and do not reflect the opinions of this publication.

Kannaway has started the New Year with a bang. Multimillionaire mentor, author of “The Dean Effect” and world-renowned network marketing sales leader, Robert L. Dean, Jr., has joined Kannaway, the network marketing industry’s rapidly growing hemp lifestyle company.
“I am looking forward to the run of my life with Kannaway!” Dean states.

Producing more than half a billion dollars in revenue throughout his entrepreneurial career, Dean is poised to have a profoundly positive impact on Kannaway’s expanding hemp lifestyle revolution.
Around the world, hemp is known as a “super food,” “low THC cannabis” and “industrial hemp.” The ancient plant is well documented for its unique capability of producing more than 25,000 products from building materials, clean energy, auto parts, functional foods, personal care products and so much more. The industrial hemp plant is cultivated for its hemp seeds (a.k.a. “hemp hearts”), hemp seed oil, and all-natural cannabidiol or “CBD” oil that cannot get anyone “high” or “stoned.”
This is the main difference that is fueling the return of hemp to