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Archive for January, 2010

Pop Up Displays – They’re Good in The Right Place!

I’ve always said that Pop-Up Displays do have their place in the trade show world; it’s just determining what that place is, which is where so many people run into trouble. Far too often new comers to the exhibiting world have a mindset that says that says; “all I need to do is show up and smile and business will come my way.” So that we can look at this in a little more rational way and come to some logical conclusions, let’s go down the list of a few scenarios where you would be projecting your image with a pop up display:

1) Your company is exhibiting over the weekend in the local mall and the mall management has given the exhibitors strategically placed locations in the middle of the aisles from which you can get people’s attention and visit with them as they move from one store to another. Good idea? Yes, probably is because most of the exhibitors will, in all likelihood, have only a table top display at best. You’ll probably look light years better than most.

2) Your company is exhibiting in a chamber of commerce after an hour’s event to get new members acquainted with existing members and you wish to expose your services to potential buyers. Good idea? Yes, probably is as you’ll look better than at least half of the participants that are exhibiting; especially if you’ve created a trade show graphic package that smartly represents what your business offers.

3) Your state convention is coming up and you’re wondering if a pop up is the image you want to project to a statewide audience. Good idea? Yes, probably is because on a statewide basis, table tops are still the most popular and you’ll still stand out in the crowd.

4) Your regional convention is being held in San Francisco and you want to attract a regional clientele for your business, and at least a half dozen of your direct competitors are going to be exhibiting there plus 2 of the competitors market their services on a national basis. Good idea? This is where it begins to get tricky. Hmmm, maybe not! Why you ask? Well what’s your plan to differentiate yourself from your competitors if you’re using a concave shaped booth that 50% of all the exhibitors in the hall use; therefore you’ll look exactly alike everyone else; guaranteed! Or is that your plan to blend in with everyone else? I hope not!

5) Now you’re considering exhibiting in your industries national convention; this is where it gets worse! How are you going to differentiate yourself plus look the part of a “market leader” when you’re looking like one of the other guys? If you want to look like the small regional guy that’s fine, but people who buy from people nationally at some point want to be doing business with one of the big dogs in the industry or at least with somebody that looks like it at least. Where do you fit in? Now keep in mind, if you have a one of a kind product, you can probably get away with using a pop up without any ill effects.

So what is the bottom line? It all boils down to how you look up next to your competition; PERIOD-end of story!


Legal Aspects of buying Real Estate

Like all the places in the U.S, buying a real estate in Las Vegas, Nevada is not a two minute, simple and hassle free process. It’s a complex process that involves legal documents and tax issues, requires input from a business attorney in Las Vegas, and can take weeks — even months — to complete.

As a buyer, you cannot go solo and clinch a good deal and believe that you are smart enough to read through the legal documents and will be able to handle the legal issues associated with buying a real estate. And, real estate agents, loan officers, or closing agents cannot provide you crucial legal advice, or tell you how to deal with legal issues and tax consequences.

A business attorney in Las Vegas can answer all your legal queries, let you know about your rights as a buyer, and help you with the negotiation. Also, the real estate attorney takes care of minute details that the real-estate agents often do not tell you about and you might not be aware of.

One of the biggest steps in a real estate sale is the contract, and it’s governed by the property laws of Nevada. It defines the rights and liabilities of the seller and purchaser, and contains all the material terms. The business attorney in Nevada can help draft a contract in accordance with the property laws of the State.Legal advice would go a long way in having a hassle free new home.


India’s Mukesh Ambani awarded Penn Engineering Dean’s Medal


Mukesh Ambani, the CMD of Reliance Industries Ltd., received the Penn Engineering Dean’s Medal here in Mumbai, India, on Friday, 8th January 2010. In a ceremony at the Trident Hotel he was honoured with the Dean’s Medal by Eduardo Glandt, Dean of Penn Engineering. The University of Pennsylvania has conferred this award on Mukesh Ambani for his visionary leadership in the application of engineering and technology for the betterment of society and mankind. The award is a testimony to this global visionary; who runs India’s biggest corporate house, Reliance Industries Ltd.

The keynote address for the event was made by Dean Glandt who introduced Mukesh Ambani warmly, in a well attended gathering in the Regal Room of the Trident Hotel. Amidst the attendees were industrialists, celebrities and the Indian media including Kumaramangalam Birla, Anand Mahindra and Sachin Tendulkar. In his speech Mr. Ambani announced the newest project of the Reliance Foundation – a university in India, to be headed by Mrs. Nita Ambani. He also expressed with much passion the requirement for a global paradigm shift to include a focus on real engineering instead of financial engineering in light of the recent economic crisis.

Mr. Mukesh Ambani has come a long way having started his corporate journey in 1981 when he joined his father, late Mr. Dhirubhai Ambani, the founding chairman of Reliance. He initiated Reliance’s vertical integration journey from textiles into polyester fibres and further into petrochemicals, petroleum refining and eventually oil and gas exploration and production. He then led the creation of 51 new, world-class manufacturing facilities encompassing diverse technologies that increased Reliance’s manufacturing capacities manifold.

The Jamnagar Refinery in Gujarat which is now the world’s largest grassroots petroleum refinery was the brainchild of Mukesh Ambani. Dhirubhai’s dream project Reliance Infocomm, which is now one of the largest telecommunications companies in India and has emerged as Reliance Communications Limited was also set up by Mukesh Ambani. He is currently steering Reliance’s development of a pan-India retail network, a transformational initiative connecting, rural and urban India.

In a recent study by the Harvard Business Review, Mukesh Ambani has been recognized as the fifth best CEO of the world in a review, which surveyed a total of 1,999 CEOs of large public traded companies across the globe. In the course of his career he has been conferred as many as 5 awards by NDTV, a leading news channel in India. He has also featured in the survey of ‘Top 50 Most Respected Business Leaders of the World’ conducted by PricewaterhouseCoopers in 2002 as well as 2004. At the global level Mukesh Ambani has been felicitated twice by the United States India Business Council. He is also the only Indian CEO to be invited thus far to become a Council Member of World Business Council for Sustainable Development (WBCSD) in July 2007.


Reliance Industries Limited – on its way to glory


When Reliance Industries announced a bonus share issue after its second quarter results this year, it came under fire from market analysts. This was a sign of weakness, said one. They are doing it merely to placate shareholders, was another’s opinion. In its usual style, Reliance Group did not bother to explain itself. Now it has made a play for LyondellBasell, the number one polypropylene (a thermoplastic polymer with a wide range of applications, from underwear to labs producer in the world.

The acquisition of the Dutch company, if it goes through, will catapult Reliance into the global big league. Revenues will more than double, from $32 billion that it notched up in 2009 by about $50 billion posted by LB in 2008. But the business benefits that will accrue from the expansion of its footprint into the US and European markets, are much more substantial.

RIL’s international distribution presence is currently limited to a little tankage (huge storage tanks for oil) and some trading. Buying LB, which has 50 manufacturing facilities across 19 countries, will take it to the top bracket in the refining and petrochemical heap.

LB’s research facilities too are cutting edge and can be the resource that RIL needs to cater to future developments in the business. The deal will break the popular perception that RIL can only succeed in India. Strategically too, RIL has to move decisively from the stasis that has set in after the completion of the second refinery and the gas production facilities on the east coast. The LB buy is one good opportunity.


January 2010
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