In business, investment is absolute. Without investment, you can be difficult to start business. For preparation and your equipment is not sufficient to jump in online business.

Investment here could be money, time, and energy.
Time? Clearly your time is an important investment. Any minimum time you spend, in business, investing the time would always be there. If you have an investment of time, means that investment is also out of power, because at least you invest the energy to think about it your business.

Well now the investment in the form of money / funds. This is probably avoided a lot of people. The reason may be because the funds that come out are not counted as a form of investment, but expenditure.

Though much different between the two. Expenditure means something that does not need to expected returns. Medium, calculated investments return on his investment, until then reached for the profit, profit, and so on until the business is run to grow bigger.

In online business, there is a tendency to regard this business as a business for free. That is absolutely not out of money. In fact, the name of business, both online and offline, zero investment amounts does not exist. The most that can be done is to try to minimize them. But if you absolutely free, I say no.

“Rating Standard and Poor` s putting the long-term credit ratings of the Republic of Cyprus at `A +` on credit watch list with negative implications, “said international rating agencies. “Short-term credit monitoring following the rejection of the legislative branch on July 9, 2010 from two government proposals to raise revenue,” S & P credit analyst Trevor Cullinan said. The majority of members of parliament rejected government proposals to increase corporate taxes by one percent to 11 percent and increase the levy on the ownership of large properties that will generate annual revenues of 90 million Euros. Parliament said the government must cut bloated salaries alone before trying to raise taxes.

“We doubt whether the government will be able to encourage through fiscal consolidation measures are sufficient to overcome the significant decline in public finance,” added the rating agency. Cyprus must reduce the fiscal deficit of six per cent of GDP to below the upper limit of the European Union, three percent in 2012, which means the need to reduce a deficit of 500 million Euros in two years. This country has been under strict supervision for the excesses of the European Union deficit rules.

Finance Minister Charilaos Stavrakis has warned MPs on Tuesday that the government refused to step increase in receipts will get into hot water with Brussels and rating agencies. Nicosia plans to cut 700 public sector jobs this year and trying to save 140 million Euros in spending cuts ministries, while the salaries of ministers and MPs have been cut 10 percent.

“The settlement of fraud charges AIG covers many things from October 1999 until April 2005 that involves the division of anti-market competition, violation of accounting and stock price manipulation,” attorney general Richard Cordray’s office said in a statement quoted by AFP.

Cordray declared a class action settlement a victory for “teachers, firefighters, police, and civil servants,” who “harmed” by AIG’s mistakes.

The company was accused of accounting fraud designed to boost AIG’s reserves to cover claims, the scheme of bid-rigging by insurance brokers and executives ordered traders to inflate AIG’s stock price. Cordray said that it is a class-action securities settlement 10th-largest in U.S. history. This is the latest blow to a company that requires nearly 70 billion dollar government bailout to stay afloat after the sub prime mortgage crisis.

Harvey Golub earlier this week resigned as chairman of the board, amid rumors of discord between the top executives at the company. If a fine win court approval, that means investors AIG has the right a little more than a billion dollars in compensation, including a settlement with the partners of AIG, General Reinsurance Corporation, PricewaterhouseCoopers and former AIG CEO Maurice “Hank” Greenberg, the statement said.

For your information, oil prices declined after the Thomson Reuters / University of Michigan consumer confidence index released for the month of July. In the data shown, the consumer confidence index declined to a level of 66.5 from the position on June 76. This is the lowest level since August last year. It also predicted the index would drop songs to the position 74.

“Sentiment is negative macro impact. Outlook global growth outlook participate aggravate the oil market,” said Toby Hassall, analyst CWA Global Commodity Markets Pty in Sydney.

Notes only, the contract prices for August delivery declined 51 cents, or 0.7 percent to U.S. $ 75.5 per barrel on NYMEX. At 9:56 pm Singapore time, oil prices are in the position of U.S. $ 75.64 per barrel. On July 16 last, the contract is sagging oil prices 61 cents and perched on the level of U.S. $ 76.01 per barrel. Meanwhile, the price of oil futures contracts so far this year has decreased by 4.7 percent.

As you know, weeks ago, both regional and global exchanges fall into. Conditions that caused many financial reports of companies that do not fit the prediction. In the U.S., the Federal Reserve also lowered growth forecasts in the United States. As a result, many investors who choose to be cautious and wait until there are clarity that is more certain.

Strategy and Finance Minister of South Korea Yoon Jeung Hyun expressed the need for world security network (global safety net) to tackle these capital flows.

“A number of developing countries would have the option to accumulate reserves in order to face the crisis. However, it is the high cost that is not the best choice. Global safety net is a good choice for all countries,” he said this afternoon.

He explained the IMF to prepare a more detailed plan to address capital flows that are too easy in and out and ensure global financial stability. However, IMF Managing Director Dominique Strauss Kahn assess actual Asia has shown resilience to the global financial crisis and even its economy continues to grow.

“The way to control the flow of incoming funds is of course dependent on each country, depending on the condition of each.”

Chief Investment Officer, China Investment Corporation Gao Xiqing said there should be cooperation between countries to solve the problems of protectionism and a weak social safety net.

“Countries in Asia should draw lessons from the past that shows domestic protection is not enough to endure external shocks. It should be no policy for dealing with capital inflows must have a concept of global financial safety net.”

According to him, this step will ensure economic growth as well as continue the policy of free trade and free markets.

There is a saying that the consumer is king. Proverb that I think is still relevant to current conditions or even universal. Seller will not be able to sell if there were no consumers, consumer vice versa will not be able to meet all their need if there are no sellers.

I think the effort to maintain consumer is far more difficult than getting new customers. Each business activity will compete to retain customers with a variety of ways so that the consumer does not move to another customer. Treat the consumer as king over many perceived by companies engaged in services. For those of you who have business that you run the center, there is a simple way how to retain customers in order to always give money to us. These are tips for you:

1. Greet customers properly. The point is, when consumers come to where we are; welcome the consumers with a smile. The first point we have got a sense of a “friendly”.

2. Ask what they need. We must pro-actively ask first advance what the consumer needs.
3. Provide the best quality. Every product that we give must be the best. Never provide to consumers with the bad products. This will create a bad impression for the customers of our products sale.
4. Give a fair price. In the highly competitive price of a products or services are critical. To buy something consumers usually opt to choose any place that is cheaper. Give
them with a reasonable price but still accompanied by good quality, commonly, consumers will always return to our place.

5. Keep promises; strive every promise we give to consumers to always keep. Never make promises to us consumers if we can not fulfill.

These tips are powerful enough because consumers feel cared for. Now if the spiritual bond already formed is difficult for consumers to move to another place.