Schools must play a bigger part in creating entrepreneurs, says leading business organisation

   

 That was one of the key messages from the Forum of Private Business in a submission to the All-party Parliamentary Small Business Group’s entrepreneurship inquiry, which opened last month.

The inquiry was set up to consider the role of entrepreneurs in driving economic growth, examine the barriers small firms face, and identify ways in which the UK can increase the number of motivated self-starters capable of running a profitable business.

The not-for-profit Forum also made a number of other suggestions to the inquiry on matters such as tax breaks for lenders, NI holidays, access to finance, prompt payment and the new enterprise allowance scheme.

The Forum began its submission by outlining the importance of the education system and how it should be better used to foster growth in numbers of young entrepreneurs.

Jane Bennett, the Forum’s Head of Campaigns, said: “Schools are vitally important because they are essentially where young minds are honed and appetites for working life whetted.

“They have a vital role to play in encouraging entrepreneurial spirit we recognise that and so do our members which is why we are calling for a greater focus by government on making sure schools are given the tools for the job. Th

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Prosecutor: Stanford stole investors’ money

HOUSTON (AP) — Texas financier R. Allen Stanford lied to investors and stole their hard-earned savings so he could live the lavish lifestyle of a billionaire, a prosecutor said Tuesday at his fraud trial.

Prosecutor Gregg Costa told jurors in Houston federal court that Stanford used investors’ money to buy homes and yachts and fund cricket matches.

“He treated depositors’ savings like it was his own personal piggy bank,” Costa said.

The prosecution says Stanford’s business empire was built on smoke and mirrors and he bilked investors out of more than $7 billion over 20 years as part of a massive Ponzi scheme centered on sales of certificates of deposit from an Antiguan bank he owned.

Stanford, who denies the claims and says his businesses were legitimate, is charged with 14 counts, including wire and mail fraud. H

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Time Management – No, But Really This Time

We all want to do more things in less time. It’s a common theme throughout all of corporate America, and it even extends into professions like healthcare, education, and civil service. We can’t rely on the institution we’ve placed ourselves in to help us accomplish this goal. Rather, I believe we must rely on multiple paradigm shifts in our own life. No longer can we say, ‘Oh, I’ll do that tomorrow’, or ‘Staying up an extra hour won’t mean much tonight’. 2012 is a new year, a new opportunity to do new things with our lives, and more importantly, our personal lives.

If you’re an entrepreneur like me, you probably work 50+ hours per week every week of the year, with the exception of maybe one or two 30 hour weeks around the holidays. You probably have a tight schedule of meetings, development time, and HR priorities. What you may not have is a highly organized and efficient manner of completing all these tasks. Success as an entre

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Different Types of Branding Techniques

According to the American Marketing Association (AMA), a brand is a ‘name, sign, term, design, symbol’ or a combination of these intended to identify the services and products offered by a seller or group of sellers and to distinguish them from those offered by other sellers. Brand marketing is a process by which you propel your products and services in the mind of your target audience. Exploring and implementing brand marketing strategies is a great way to stream line your business model and business practices.
 
A good brand is invaluable asset for your company. It is important to invest time in researching, defining and creating your brand. Creating a strong brand can encourage your prospects to choose you over your competition. Creating a effective brand can help you to achieve:
Deliver your marketing message clearly
Affirm your credibility
Connect your target audience emotionally
Motivate the buyers
Improve customer loyalty

It is preferable to develop your branding campaign based on the needs and wants of your potential and existing customers. Read full article…

Conservative think tank asks Apple to investigate board member Al Gore for conflict of interest

A conservative think tank that holds shares in Apple is asking the company to investigate whether board member Al Gore violated the company’s business policies by advocating for actions that would be benefit him personally, but not necessarily benefit the company.

The National Center for Public Policy Research (NCPPR) has filed the proposal in Apple’s Proxy Statement for the 2012 meeting of shareholders, which will take place in February. Entitled the “Conflict of Interest Report,” NCPPR has requested that Apple’s board of directors look into “board compliance with Apple’s Business Conduct Policy.”

The report, NCPPR wrote, should specifically, “Disclose the investment of board members that could reasonably be viewed as a financial conflict of interest; describe the role board members play in the development of the company’s policies and the process by which Apple determines if board member participation violates its Business Conduct Policy; disclose policies that could financially benefit board members.”

The target of this request, in particular, is former Vice President Gore, and what role he might have played in Apple’s decision to resign its membership from the U.S. Chamber of Commerce in

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Formation northwest of Abilene draws attention of oil exploration companies

With interest in oil and gas production rising along with the price of oil, the industry is turning an eye to a rock formation northwest of Abilene, local experts said.

In the Abilene region, “the biggest thing is a leasing play occurring in northern Fisher County and western Nolan County and Mitchell and Scurry counties for a potential shale that may be oil and gas productive,” said Allan Frizzell, a district vice president for the Texas Oil & Gas Association and vice president of Abilene-based Enrich Oil Corp.

Such a “leasing play” is a rush to acquire mineral rights from landowners.

“It’s pretty speculative, but the lease bonus money being paid to mineral owners is pretty high and is injecting a lot of revenue into local banks,” said Frizzell, explaining that “it’s in its infancy, as far as the drilling and completion phase.”

Mark McKeehan, past-president of the Abilene Geological Society, said about the geologic formation that “everybody’s known it shows oil and gas for long time.”

But now producers have the ability to use techniques such as hydraulic fracturing, commonplace in exploring rock formations such as the Barnett Shale and Eagle Ford Shale in Texas.

In the area northwest of Abilene, “the technology’s catching up with it: the ability to go in there and ‘frac’ the thing and open it up has caused it to be a potential moneymaker for the people in that area,” said McKeehan.

Such fracking techniques have come under fire from environmental critics who have complained about potential contamination of groundwater from fracking or waste produced by the fracking process, with the Environmental Protection Agency studying any potential harmful effects.

Frizzell emphasized the depth of the formation.

“It’s very deep.

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