I’m happy to announce the date and venue for our next meeting.

WHEN: Wednesday – 8th September 2010

START TIME: 1.30pm Registration — 2.00pm Prompt Start

WHERE: Los Naranjos Golf Club,
Apdo. 64, 29660 Nueva Andalucia,
Marbella.

Click Here for Map

COST: Members 16.00€, Guests 21.00€ (includes lunch)

RSVP: To reserve your place please confirm your attendance NOW, or no later than Monday 6th September 2010.

Email John McKenzie, John@4businessglobal.com

or call us on
654 070 726.

‘If you find that you are unable to attend the meeting please let us know at least 24 hours before the start of the meeting or we will be obliged to charge you the fee.’

NEW to 4B Networking?

No problem!

Join us at our next meeting and further grow your business? Our meetings attract many local businesses, it’s the best chance on the Costa del Sol to meet lots of other business owners who can help you find your next referred customer.

Can you imagine how hard you would have to work otherwise, to put yourself in front of so many prominent decision makers at the same time?

We look forward to offering you a very warm welcome.

The 4B expansion programmed is now underway and we are very pleased to welcome John McKenzie as Master Franchisee for Mainland Spain and the Spanish Islands.

John was the obvious choice for us, not only to continue with the existing club and members to also to drive forward the Master Franchise for Spain. Already known to the other members John has a very effective and professional networking manner, having built his insurance business purely on referrals and networking. John understands what makes a networker successful and will be able to help other members to be successful in their networking activities. John has our full backing and we know that the 4Business name could not be in better hands, we look forward to helping John take 4Business into other regions of Spain very soon.

If you would like information on running your very own 4Business Networking Group you can contact John on Tel +34 654 07 07 26 or email John at john@4businessglobal.com

4Business are also looking for Master Franchisees for Asia, Australia, Uk and various other countries, for an explanation of Master Franchising see the notes below, for more information on a 4B Master Franchise contact dave@4businessglobal.com

Imagine coming up with a franchise concept that explodes in your area with dozens of new units opening up. Imagine having control of this concept and receiving royalties and franchise fees on a consistent basis. Imagine having an idea like McDonald’s and having people line up at your door to buy into your opportunity. This opportunity is extremely rare, one such opportunity is called Master franchising.

With Master franchising you get all the benefits mentioned above without the expense of having to develop the concept from scratch. You get control of the successful franchise system in a specific geographic area, a proven track record that works the brand name and even a partner in the form of a corporate office and other master franchises to give you valuable support when you need it.

As a master or regional franchisee your ways of generating income are expanded over that of a normal franchisee. With a master franchise you can generate income through your own networking groups and in addition you can generate sales through:

a) New Franchise Sales: When you sell a franchise, you receive a franchise fee of 50% of the total franchise fee.

b) Ongoing royalties: This is the ultimate income source. Once you help set up a franchise, you receive royalty income for the rest of the life of that franchise.

Imagine receiving a percentage of your franchisee’s volume every month for many years.

If you are interested in owning a Master Franchise with 4Business email us today for more details. info@4businessglobal.com

One of the world’s largest toothpaste making companies reported a loss in sales and blames it on the country of Venezuela.

While accounting the second quarter results, Colgate-Palmolive showed a net income of $603 million but the worldwide sales of $3.8 billion were disappointing. Even though this figure is a 2% increase from last year’s figure, the estimates prepared by the company’s analysts were around $3.9 billion.

Venezuela Blamed

They have principally blamed this on Venezuela’s continued hyper-inflation and devaluation of the Bolivar. Sales in that country are expected to reduce yearly worldwide sales by 10 to 15%. But it has also been speculated that blaming a country for their loss is just a redundant excuse cooked up by American companies. However, the concerns over the consumer products market in the country are rising. This is due to the reason that companies like Proctor and Gamble, Avon and Colgate saw an opportunity to match the prices due to hyper-inflation and have been building up a noteworthy presence there, also taking advantage of the currency’s formerly fixed dollar exchange rate.

Bolivar Devalued

All this turned upside down when Venezuelan President Hugo Chavez devalued the Bolivar by 50% and announced a two-level system for imported items. This method values items considered essential- like food and medicines- at 2.6 bolivars per USD and other supplementary products were evaluated at 4.6 bolivars per USD. Thus consumer products companies started to feel the pinch after this system and also due to the high inflation rate of 31.3%.

Interesting turn of events…isn’t it?

Research firm, Markit Economics compiled the latest International business Outlook Survey, on behalf of KPMG; and the results are attention-grabbing.

Irish confidence flying high

Business leaders in Ireland emerged more confident of the bright future of services sector in the country than in other places in European Union. Reactions about Irish business activity in the services sector is running at +47.9, which is quite ahead of the EU averages standing at 33.6 and global averages of 43.9. There are prospects of growth of new businesses and sales in both the services and manufacturing sectors in the next year, but the services sector is expected to grow better. There could be some increase in the employments also. This is a good indication because it is indicative of expansion of economy, which is a good sign of recovery; and this has shown plausibility on a yearly basis only after 2006.

Government to support innovation

Local recovery has been an issue bogging many minds. The present projection is partly based on the completed transfer of the largest property loans from banks to NAMA, which has created a scenario of some increased liquidity to support targeted bank lending to the SME sector. A good number of economists are of the view that even if the projection becomes a reality it shall lead to a jobless recovery as job markets are pretty bleak. However, service sector business leaders predict an increase in new businesses by 48.3% instead of 33.1%, higher profits of 26.5% from 11.5% and higher employment numbers of 16.8% from 6.3%. On top of this came the government’s announcement of €500m fund to support innovation, which was another glimmer of hope.

Based on the statistics, the future indeed looks good. Let’s bank on it for the present moment.

The Brick is Back is the line that is circulating around in most people’s minds.

The Danish toy-making company started having its own series of problems by the end of the 1990’s when the focus of the designers shifted and they started off on wild forays of personal imagination.

New lines lead to disaster

The creation of new lines such as the Galidor series and also the modernization of many existing toys in the City line led to disaster. The number of set pieces jumped up from 7000 to 13000. The supply costs shot up too. This occurred because the management gave the designers a free rein and they started conjuring up extremely complex models of toys that in reality did not need any construction skills which were the trademark of LEGO. In short, their innovation led to their doom.

The legendary City line also saw many changes that did not appeal to the kids. What appeared cool to the designers was thought to be stupid by the kids. This resulted in the City line to drop from 13 percent to a mere 3 percent of the total revenue. Nevertheless, the comeback was also attributed to design.

The paradox here is that instead of giving the designers an open hand, they were held back by a tight fist. Only the most likable components were included in the set. This brought the number of set pieces back down to 7000. In 2008 the LEGO City line was back to the top of the charts and accounted for 20 percent of the revenue.

Looks like a lot of kids will have something to smile about in the coming times.

Join us for our next meeting at this great venue and location on Wednesday – 28th July 2010.
If you have not already reserved your place, be sure to book NOW to avoid disappointment.
RSVP by Return Please!! to sue@4businessglobal.com

WHERE:

CIOMIJAS Hotel
Ctra A7, Km 201 29649 La Cala, Mijas Costa, Malaga
Tel: 952 599 347

START TIME:

1.30pm Registration — 2.00pm Prompt Start

Map:

COST:

Members 16.00€, Guests 21.00€ (includes lunch)
Please advise us if you are vegetarian.
We look forward to seeing you there!

BP’s activity of drilling a relief well in the Gulf of Mexico after one of the worst oil spills in history was disrupted by tropical storm Bonnie.

The company had to evacuate all vessels from the site as the storm was heading directly for the spill area. However, vessels were sent back to resume the task once the storm subsided. But moving the ships has delayed the work for nine days. Bonnie was the second named storm of the Atlantic hurricane season which begins in June and goes on through November.

Last month the workers were forced to evacuate when Hurricane Alex hit the area. The covering up of the Macondo well will begin in a few days. This will be done by pumping mud on the site to permanently stop the outflow of oil.

Lately, the pressure within the well had risen to 6890 pounds from 6700 pounds resulting in a dangerous situation. Higher well pressure will increase the chances of sealing it using drilled mud and heavy cement. These readings also help the scientists to approximate the rate at which Macondo was spewing out oil after the Deepwater Horizon Rig blew up and sank.

The London based company will require some time to connect the Transocean Inc. owned Development Driller to start pumping in cement in a process known as “Bottom Kill”.

This explosion and its impact on the environment have led to speculations that BP CEO Tony Hayward may resign. This may have some long-term impacts on the company.

Let’s wait and watch for the future developments.

I’m happy to announce the date and venue for our next business lunch meeting:

Our next Meeting is on Wednesday – 14th July 2010.
If you have not already reserved your place, be sure to book NOW to avoid disappointment.
RSVP by Return Please!! to sue@4businessglobal.com

WHERE:

Selenza Hotel, Estepona.
N-340 km 165
Cancelada Cambio de Sentido,
29680 Estepona.
Tel; 952 899 499

START TIME:

1.30pm Registration — 2.00pm Prompt Start

‘If you find that you are unable to attend the meeting please let us know at least 24 hours before the start of the meeting or we will be obliged to charge you the fee.’

Click Here for Map:

COST:

Members 16.00€, Guests 21.00€ (includes lunch)
Please advise us if you are vegetarian.
For more information please call Sue on 625 908 621

Join us for a night of fun at the Vista Del Mar on the 22nd July for some summer time fun