Welcome to BusinessBreaker Dot Com site. This will be one of the business site for you to visit everyday from now till forever. We are proud to say it because we want you make this business site as part of your life.
World business data, reports and review.
Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them. Business, that's easily defined - it's other people's money.
Sagging dollar makes doing business in U.S. cheaper
Thanks to the weakened dollar, the U.S. has leapfrogged France, Britain and other European countries as a cheaper place to do business. A new study released last week by KPMG shows that the U.S. moved up on the list of most cost-efficient places around the world. Researchers compared 136 cities in 10 of the biggest industrial nations in North America, Europe and Asia, but did not include rapidly growing China.
Mark MacDonald, the global director of KPMG Competitive Alternatives, said the survey authors found the U.S. to be more cost competitive than they’d ever seen because of the plunging dollar. The euro and the yen are stretching further now than two years ago, driving down overseas’ companies costs for everything from labor and transportation to energy.
In 2006, the U.S. ranked seventh for affordability. This year, with the dollar at record lows against the euro, only Mexico and Canada were cheaper. Is this a good sign for your business? [source:chron]
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. One more thing is in the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. Remember, a business that makes nothing but money is a poor business.
Leave a Reply