DealBook | How Do You Fix … All of It? Sections Skip to content Skip to site index A group of leaders in business, politics and academia gathered to try to solve problems from student debt to carbon emissions. Here are their recommendations. Credit Credit Kotryna Zukauskaite Supported by DealBook ByThe New York Times Sept. 18, 2019, 7:04 p.m. ET At the inaugural DealBook DC Strategy Forum , sponsored by The New York Times, influential leaders in academia, business and politics gathered to discuss and debate provocative issues, and provide innovative solutions to some of our nation’s top policy agenda challenges. Task forces developed recommendations for businesses and policymakers, identifying some central questions that will be driving conversations through the 2020 election. Can Taxing the Wealthy Fix the Economy? Taxing the rich is having a moment in American politics, even more than … [Read more...] about How Do You Fix … All of It?
Fixed assets software
Innovation is the key to growing the economy and creating prosperity. It creates new industries, transforms old ones, and often generates well-paid jobs. Today, innovation usually relies on the investment in and the growth of intangible assets, such as software, data, networks, and design. But the financial system has failed to keep pace with innovation. Lending models, especially for smaller businesses, are not designed to support the intangible economy. While value is built in intangible assets, finance is raised against tangible ones, which are diminishing. Without change, old lending models based on providing a hard asset as security will restrict innovation and hurt growth. What’s caused this issue? Well, over the last 20 years, business has evolved. To spur growth in the twentieth century, companies might have invested in property, machines, and hardware – tangible assets. But to generate growth now, businesses are putting more money into … [Read more...] about Banks aren’t keeping up with the rise of the intangible economy
A visitor at Commart Thailand checks out innovative features of tablet devices. The Digital Economy Promotion Agency (Depa) plans to offer a 200% tax deduction for the purchase of smart devices, digital services, robotics and Internet of Things (IoT) devices by small and medium-sized enterprises (SMEs), in addition to software, starting next year.From 2017 to this year, SMEs have been entitled to tax deductions of up to 200% of the value of computer programs they buy, but the incentive places a ceiling of 100,000 baht in product value. These software providers must be registered with Depa. The cabinet will be asked to approve the extension of the tax deduction, which is expected to run from Jan 1, 2020 to Dec 31, 2022, said Chatchai Khunpitiluck, vice-president of Depa. The ceiling will be pushed up from 100,000 baht to 200,000 baht. From next year, the incentive will be widened to cover hardware and smart devices, 3D printers, IoT devices, robotics, drones and … [Read more...] about Tax perk aims to help SMEs join digital wave
Reasons why CRM is important to SMEsSmart businesses of every size have always understood how important it is to build and maintain good relationships with their customers. Good administrators and sales managers would accumulate information on their best accounts and file it away mainly in paper records or random spreadsheets but often only in their own personal memory. Gathering information that way was time-consuming, inefficient and actually of limited value. It could easily be overlooked or lost and deriving value from it was much more art than science, depending on the intuition of the person closest to the customer. Today, the rise of digital technology means factual information on customers is freely available, in unprecedented detail. Guesswork, however intelligent, is no longer the only way to try and develop a competitive edge.Clearly the adoption of technology is essential for business survival. But is it only larger organizations that should follow this trend? The answer is … [Read more...] about Reasons why CRM is important to SMEs
A year ago, just a few months after joining WeWork as head of enterprise business, Veresh Sita strode onto a stage at Madison Square Garden during the company’s annual global summit to announce a whole new direction for the company. Blue and red lights beamed around the cavernous arena as Sita addressed 4,000 of his raucous new colleagues. “You heard earlier speakers talk about this as our equivalent of AWS,” he said, referring to Amazon Web Services, the online retailer’s massively lucrative cloud business. “We have built these amazing workplaces and we’re now able to take these workplaces into enterprises.” He was talking about a newly launched product called Powered By We, a design, renovation, and office management service. Powered by We was a big expansion from the company’s previous business, which required customers to take space—a desk, a personalized office—inside of a WeWork leased property. Now, WeWork could come … [Read more...] about WeWork grows up (and out and everywhere)