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	<title>George S. May NewsGeorge S. May News</title>
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	<link>http://www.georgesmaynews.com</link>
	<description>Company news and events</description>
	<pubDate>Thu, 05 Feb 2009 18:14:43 +0000</pubDate>
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		<title>George S. May Scholarship Recipients</title>
		<link>http://www.georgesmaynews.com/george-s-may-scholarship-recipients/</link>
		<comments>http://www.georgesmaynews.com/george-s-may-scholarship-recipients/#comments</comments>
		<pubDate>Thu, 05 Feb 2009 18:13:13 +0000</pubDate>
		<dc:creator>gsmeditor</dc:creator>
		
		<category><![CDATA[Company Events]]></category>

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		<description><![CDATA[George S. May Scholarship Recipient Updates
Aron Joshua Aytona, son of District 81 Special Representative Florante Aytona recently graduated from Simon Fraser University (SFU) with a Bachelor&#8217;s degree in Business Administration, with joint honors in International Business and Economics.
                                                                                                                                                             Aron completed internships in China as a Business Development Coordinator for the Canadian Institute of Business &#38; [...]


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			<content:encoded><![CDATA[<p>George S. May Scholarship Recipient Updates</p>
<p>Aron Joshua Aytona, son of District 81 Special Representative Florante Aytona recently graduated from Simon Fraser University (SFU) with a Bachelor&#8217;s degree in Business Administration, with joint honors in International Business and Economics.<br />
                                                                                                                                                             <a rel="lightbox" href="http://www.georgesmaynews.com/wp-content/uploads/2009/02/aron-aytona-1.jpg"><img class="alignleft size-medium wp-image-565" title="aron-aytona-1" src="http://www.georgesmaynews.com/wp-content/uploads/2009/02/aron-aytona-1-201x300.jpg" alt="" width="145" height="195" /></a>Aron completed internships in China as a Business Development Coordinator for the Canadian Institute of Business &amp; Technology and in India as a Business Analyst for Satyam Group of Cos. (an IT/BPO consulting company. Aron also worked as Teaching Assistant at SFU.</p>
<p>The Aytona family says &#8220;Thank you&#8221; to everyone responsible for awarding Aron the GSMIC scholarship.<br />
 <br />
                                                                             </p>
<p> </p>
<p><a rel="lightbox" href="http://www.georgesmaynews.com/wp-content/uploads/2009/02/kacey-scholarship-winner.jpg"><img class="size-medium wp-image-566 alignright" title="kacey-scholarship-winner" src="http://www.georgesmaynews.com/wp-content/uploads/2009/02/kacey-scholarship-winner-157x300.jpg" alt="" width="94" height="180" /></a>Kacey Lutz, daughter of Edward (Field Service Special Representative in District 91) and Linda Lutz attended Colorado State University in Fort Collins, Colorado, majoring in Journalism.  During her sophomore year Kacey transferred to the Ohio Center for Broadcasting in Denver, Colorado.  In May 2008 she received her degree in broadcasting from OCB. </p>
<p>          Kacey is currently working two jobs while also applying for broadcasting positions locally.  Kacey plans to enroll in either the Colorado Film Institute or Metropolitan State College in Denver to take additional broadcasting/editing classes.  Her long-term goal is to be a Film Editor. </p>
<p>          Her high school volleyball coach was recently quoted as saying &#8220;regardless of whether Kacey is in front of the camera or behind the scenes, I know she will always give her competitive best to be the best.&#8221;  Kacey&#8217;s parents, Ed and Linda Lutz are extremely proud of their daughter&#8217;s achievements.  Congratulations to the Lutz family!</p>
<p>Cami Muller, Lee Muller&#8217;s daughter and another George S May scholarship recipient.</p>
<p><a rel="lightbox" href="http://www.georgesmaynews.com/wp-content/uploads/2009/02/lee-mullers-daughter.jpg"><img class="alignleft size-medium wp-image-567" title="lee-mullers-daughter" src="http://www.georgesmaynews.com/wp-content/uploads/2009/02/lee-mullers-daughter-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p> </p>
<p> </p>
<p> </p>
<p>Congratulations Cami!!<strong>  </strong></p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p>In September, Christopher Robert Best (son of Kirk Best, Special Representative, District 84) was sworn in as one of Oregon&#8217;s newest attorneys by the Chief Justice of the Oregon.  The ceremony was held at Wilmette University, home of the most senior law school west of the Missouri.  Chris graduated in May from the University of Oregon College of Law in Eugene, OR.</p>
<p>In the ABA-ethics portion of his bar exam Christopher scored one of the highest scores ever in Oregon.  In 2005 he graduated Cum Laude from Oregon State University in Corvallis. </p>
<p>The Best family says, &#8220;None of this would likely have happened without his having been granted a George S. May four-year college scholarship, which was sufficient to cover all tuition and university fees.  Thank you to all of you for the great work you do to enable this company of ours to be able to continue granting these tremendous boosters of successes.&#8221;</p>


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		<title>Field Service Seminar</title>
		<link>http://www.georgesmaynews.com/field-service-seminar/</link>
		<comments>http://www.georgesmaynews.com/field-service-seminar/#comments</comments>
		<pubDate>Thu, 29 Jan 2009 15:56:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Company Events]]></category>

		<category><![CDATA[FS seminar]]></category>

		<category><![CDATA[sales seminar]]></category>

		<guid isPermaLink="false">http://www.georgesmaynews.com/?p=532</guid>
		<description><![CDATA[


Our GSM  Field Services Team is out to a great start for the New Year.  Highlighting the  Company&#8217;s theme for continuous improvement, an advanced training meeting was  recently held in Salt Lake  City for members of one of our top producing Districts.   It was a real treat for [...]


Related posts:<ol><li><a href='http://www.georgesmaynews.com/building-a-great-business/' rel='bookmark' title='Permanent Link: Building A Great Business'>Building A Great Business</a> <small>If you’ve read more than a couple of business improvement...</small></li><li><a href='http://www.georgesmaynews.com/client-satisfaction-demands-different-attitudes/' rel='bookmark' title='Permanent Link: Client Satisfaction Demands Different Attitudes'>Client Satisfaction Demands Different Attitudes</a> <small>There are many elements that contribute to client satisfaction. Quality...</small></li></ol>]]></description>
			<content:encoded><![CDATA[<table width="0%" border="0" cellspacing="10" cellpadding="10">
<tr>
<th scope="row"><a title="Lee, Greg, Dan. Brian, Kori, Wendy, Katie, Bill, Rich, Scott, Bob, Owen" rel="lightbox" href="http://www.georgesmaynews.com/wp-content/uploads/2009/01/group.jpg"><img class="size-thumbnail wp-image-533 alignleft" style="margin: 5px 10px;" title="Lee, Greg, Dan. Brian, Kori, Wendy, Katie, Bill, Rich, Scott, Bob, Owen" src="http://www.georgesmaynews.com/wp-content/uploads/2009/01/group-150x150.jpg" alt="" width="150" height="150" /></a></th>
<td rowspan="3">Our GSM  Field Services Team is out to a great start for the New Year.  Highlighting the  Company&#8217;s theme for continuous improvement, an advanced training meeting was  recently held in Salt Lake  City for members of one of our top producing Districts.   It was a real treat for Brian Vaill and Christine Kelly to travel to Salt Lake and exchange ideas on how we can  provide improved services to our clients. <strong>Some of  the subject matters covered in the seminar were:</strong></p>
<p>The challenges  of the present economy, and how we can assist our Clients in this economy.</p>
<p>What value a  Client receives from a Preliminary Survey, and how to communicate that  effectively.  Introduction of the New Brochure entitled &#8220;What do you get for  $350?&#8221;.  This brochure details the 5 key elements that our Clients can expect  from every Survey.</p>
<p>Review of the  many new tools being developed in the  Department.</p>
<p> Excerpts from  Charles Green &#8220;The Trusted Advisor&#8221;, and how his analogies describe best how we  are able to do our survey for such a low cost to our Client.</p>
<p>The importance  of ethical behavior, and truth in selling.</p>
<p>Also  included in this seminar were materials from noted authors Jeffrey Gitomer and  Brian Tracy who speak to their audiences about selling value, not price, and how  trust based selling always wins.  These selling principles are a basic  ingredient in the GSM selling system.</p>
<p>    It was a  full day of wonderful exchanges of information with all who attended and we all  went home better prepared to meet the challenges and opportunities that 2009  presents.</p>
</td>
</tr>
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<th scope="row"><a title="Wendy, Katie and Kori Spelling GSM" href="http://www.georgesmaynews.com/wp-content/uploads/2009/01/gsmymca.jpg"><img class="alignleft size-thumbnail wp-image-534" style="margin: 5px 10px;" title="gsmymca" src="http://www.georgesmaynews.com/wp-content/uploads/2009/01/gsmymca-150x150.jpg" alt="" width="150" height="150" /></a></th>
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<th scope="row"><a title="Katie won the award for best presentation." rel="lightbox" href="http://www.georgesmaynews.com/wp-content/uploads/2009/01/shirt.jpg"><img class="alignleft size-thumbnail wp-image-535" style="margin: 5px 10px;" title="shirt" src="http://www.georgesmaynews.com/wp-content/uploads/2009/01/shirt-150x150.jpg" alt="" width="150" height="150" /></a></th>
</tr>
</table>
<p>&nbsp;</p>


<p>Related posts:<ol><li><a href='http://www.georgesmaynews.com/building-a-great-business/' rel='bookmark' title='Permanent Link: Building A Great Business'>Building A Great Business</a> <small>If you’ve read more than a couple of business improvement...</small></li><li><a href='http://www.georgesmaynews.com/client-satisfaction-demands-different-attitudes/' rel='bookmark' title='Permanent Link: Client Satisfaction Demands Different Attitudes'>Client Satisfaction Demands Different Attitudes</a> <small>There are many elements that contribute to client satisfaction. Quality...</small></li></ol></p>]]></content:encoded>
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		<title>Proud to be an American</title>
		<link>http://www.georgesmaynews.com/proud-to-be-an-american/</link>
		<comments>http://www.georgesmaynews.com/proud-to-be-an-american/#comments</comments>
		<pubDate>Mon, 26 Jan 2009 16:20:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<category><![CDATA[George S May proud to be an american]]></category>

		<category><![CDATA[obama]]></category>

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		<description><![CDATA[When one considers some of the bad	news in the headlines, things look discouraging:	the economy, the war in Iraq,	gas prices, pollution, global warming, the	credit crisis, and the stock market crash,	just to name a few. George S. May said:	&#8220;I don&#8217;t believe too much in looking	back. If you&#8217;ve done well, you&#8217;re too	inclined to become smug. If you&#8217;ve done	poorly, [...]


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			<content:encoded><![CDATA[<p>When one considers some of the bad	news in the headlines, things look discouraging:	the economy, the war in Iraq,	gas prices, pollution, global warming, the	credit crisis, and the stock market crash,	just to name a few. George S. May said:	&#8220;I don&#8217;t believe too much in looking	back. If you&#8217;ve done well, you&#8217;re too	inclined to become smug. If you&#8217;ve done	poorly, you&#8217;re inclined to become discouraged.	Keep looking ahead - yesterday&#8217;s	done with - think about today and	tomorrow.&#8221;</p>
<p>In spite of the current state of economic and financial affairs, the United States of America has proven to be a resilient nation of innovators. When the going gets tough, Americans get tougher and better. Even when things look bad, Americans have continued to do exactly what Mr. May said; we have looked forward.</p>
<p>Time Magazine recently published an	article about 10 things that have never	happened before:</p>
<p>1. A Former First Couple Switches Roles - Past President Bill Clinton tried to be a supportive spouse and a former First Lady Hillary Clinton emerged as a political powerhouse.</p>
<p>2. Superdelegates Finally Have a Say - After Ronald Reagan&#8217;s landslide victory over Jimmy Carter in 1980, Democratic Party insiders created the monsters known as superdelegates. The superdelegates sealed Senator</p>
<p>Hillary Clinton&#8217;s fate in the 2008 presidential election.</p>
<p>3. Wrong Track Sky-High - From the moment Obama entered the race, he presented himself as the candidate of fundamental change - with a biography, campaign strategy and set of priorities to match.</p>
<p>4. Outsiders In - 2008 is the first year since 1928 in which neither an incumbent President nor Vice President ran for the top slot. The die was effectively cast before the general-election process began.</p>
<p>5. Selling History - Barack Obama&#8217;s supporters craved a piece of the Obama brand, and for that, the campaign made them pay in all sorts of ingenious ways. Want an Obama blue t-shirt with the &#8220;O&#8221; logo? All yours in return for just three things: your money, your contact information and, ultimately, your vote.</p>
<p>6. An African American but Not Just an African American - The past four decades have been truly revolutionary in American politics, with a significant increase in the number of minority elected officials, greater voter participation by nonwhites and symbolic runs for President by Shirley Chisholm, Jesse Jackson and Alan Keyes. Obama owes those trailblazers a debt, but his ascendance was the product of something very different from those previous WhiteHouse bids: not only was race not Obama&#8217;s signature dimension by any measure, but - with the exception of the Rev. Jeremiah Wright controversy - it was barely an issue at all.</p>
<p>7. Best Reality Show Ever - Politics is show business for ugly people, the old joke goes, but the 2008 campaign was just plain show business, with a cast of fascinating if not always camera-ready players.</p>
<p>8. Internet Fund-Raising Comes of Age - Obama&#8217;s foremost advantages, and what allowed him to break all records, were Web savviness and volume.</p>
<p>9. Mooseburgers, Snow Machines and Serious Politics - In a stunning, star-making two-month burst of attention, Sarah Palin took her home state of Alaska into every American living room.</p>
<p>10. An October Surprise (in September) - Never has one eleventh-hour external event so transformed the trajectory of a presidential campaign. On a single day Lehman Brothers declared bankruptcy,</p>
<p>Bank of America salvaged a troubled Merrill Lynch, the Dow dropped 500 points, while McCain famously declared that &#8220;the fundamentals of our economy are strong.”</p>
<p>It was the start of a big, bad political catastrophe for McCain and Republican candidates all over the country.</p>
<p>We have come a long way as a nation by electing the first African American president. We have demonstrated to the world that we have healed from the wounds of a very painful and embarrassing chapter in our history by electing a president based on his qualifications…the only thing that really matters. What does this have to do with us at GSMIC?</p>
<p>We at the George S. May International Company have adopted a policy and practice of continuous improvement, which has served us well. We learn from the past, listen to our clients and employees,enjoy the compliments and correct our mistakes, but always look forward.</p>
<p>This is a never-ending effort and must include everybody. We have to maintain our quality standards, our policies and procedures and at the same time search for revisions and improvements of the current method of operation. I encourage every one of you to come up with ideas that can improve your job, your performance, your work conditions and any company process or procedure. I encourage everyone to take initiative and share your ideas with co-workers, so that everyone may benefit. Anything we can do to individually promote personal growth will benefit us all.</p>
<p>There is an atmosphere of hope in the air; we hear about it on TV and radio and read about it in the media. We believe that events in our lives will bring a positive outcome, things will turn out for the best and we will get what we want. However, let&#8217;s not confuse hope with optimism.</p>
<p>Hope is an emotion but optimism is the result of rational thinking. Achieving a positive outcome and creating the basis for optimism is always in the planning. Planning is a chain of actions aimed toward a very specific outcome. Planning to succeed, as opposed to simply hoping for success, is the key to optimism. Optimism can always be actualized when specific goals are set and actions taken in the direction of the intended outcome. Continuous movement and continuous improvement allow us to continue as the innovators we are.</p>
<p>This is our goal as a firm, this is our mission: to teach anyone who comes into contact with us, whether employees, clients, vendors, etc. how to plan for and realize success.</p>
<p>It is my desire that every employee at every level of the George S. May International Company embrace and create a corporate environment whereby this time next year, we will have our own set of 10 firsts. I invite you to join me in creating an innovative, progressive, and successful 2009.</p>


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		<title>Client Satisfaction Demands Different Attitudes</title>
		<link>http://www.georgesmaynews.com/client-satisfaction-demands-different-attitudes/</link>
		<comments>http://www.georgesmaynews.com/client-satisfaction-demands-different-attitudes/#comments</comments>
		<pubDate>Sun, 18 Jan 2009 12:51:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[There are  many elements that contribute to client satisfaction.
Quality management  systems that work well. . .  outstanding customer service. . .and great value are three key contributors that  should be goals for everyone everyday, whatever their position. These help satisfy  clients. Follow-up with clients is also important. Our Client For [...]


Related posts:<ol><li><a href='http://www.georgesmaynews.com/what-is-your-level-of-commitment/' rel='bookmark' title='Permanent Link: What Is Your Level Of Commitment?'>What Is Your Level Of Commitment?</a> <small>At a recent sales meeting I was asked by an...</small></li></ol>]]></description>
			<content:encoded><![CDATA[<p>There are  many elements that contribute to client satisfaction.</p>
<p>Quality management  systems that work well. . .  outstanding customer service. . .and great value are three key contributors that  should be goals for everyone everyday, whatever their position. These help satisfy  clients. Follow-up with clients is also important. Our Client For Life Program  is designed to gain client satisfaction and increase client retention. It&#8217;s  helped us move in that direction. And we need to continue striving for even  greater client satisfaction.</p>
<p>We should always use the concept: &#8220;What does  the client want&#8221; as a guiding light to clearly see our way to client  satisfaction. Client satisfaction must be our ultimate goal. We may think we  know what a client needs. We may know from experience what a client needs.  However, only the client can tell us he or she is satisfied with our work, and  that is the measure of our success. Taking a &#8220;positive&#8221; approach to  all the work we accomplish is one way we can bring about client satisfaction.  But this idea is not limited to only the people in the field working with  prospects and clients. Each of us has our own “clients.&#8221; These are the  people we work for. Consider the people you support as your own personal  clients. This way everyone in our Company will understand the importance of  client satisfaction.</p>
<p>However, there are times when good work alone is not  enough to differentiate ourselves. This is because when we work with prospects  and clients, we enter THEIR world. Our world is filled with the projects, policies and  procedures that will provide the kind of systems, service and value clients  expect. Today, however, they expect more. An added way to influence and  register our interest in prospects and clients is on the basis of our corporate  citizenship.</p>
<p>In this  issue you&#8217;ll read about a variety of activities the Company, as well as  individuals, have taken  to extend our reach into different communities. These benefit the Company, as  well as benefiting the organizations and the individual. Some examples include:  sponsoring golf tournaments for the Rotary and Better Business Bureau,  involvement in the Taste of Polonia and Polish Discovery Festival,  becoming a corporate member of the Polish-American Chamber of Commerce, Torch  Award sponsorship and various individual projects. I urge you to read these  articles and think about how you could extend your reach and our influence for everyone&#8217;s  benefit.</p>


<p>Related posts:<ol><li><a href='http://www.georgesmaynews.com/what-is-your-level-of-commitment/' rel='bookmark' title='Permanent Link: What Is Your Level Of Commitment?'>What Is Your Level Of Commitment?</a> <small>At a recent sales meeting I was asked by an...</small></li></ol></p>]]></content:encoded>
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		<title>What Is Your Level Of Commitment?</title>
		<link>http://www.georgesmaynews.com/what-is-your-level-of-commitment/</link>
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		<pubDate>Sun, 18 Jan 2009 12:42:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[At a recent sales meeting I was asked by an SR: What is the greatest obstacle to a successful career in the Sales Department? “It is YOU,” I said without hesitation
Throughout the years we have learned that self motivation is the key to success, in any job. Lack of self motivation is the number one [...]


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			<content:encoded><![CDATA[<p>At a recent sales meeting I was asked by an SR: What is the greatest obstacle to a successful career in the Sales Department? “It is YOU,” I said without hesitation</p>
<p>Throughout the years we have learned that self motivation is the key to success, in any job. Lack of self motivation is the number one destroyer of careers. This is particularly true in our Sales Department where our representatives have to motivate themselves, day in and day out, to leave the comfort of their home and venture out into the &#8220;hostile&#8221; world of prospects and clients…or is it?</p>
<p>The answer is in your mind-set. It is a matter of commitment. How committed are you to your career? How has that commitment changed over time?</p>
<p>At the same meeting, during lunch, a conversation took place about the current, most popular TV shows. As one SR was able to describe every TV show out there, another SR made a profound statement. He said: &#8221; I don&#8217;t know how you get the time to keep up on all of this.&#8221; The room fell into a deafening silence.</p>
<p>I guess if your career seems to be taking a negative turn, but you somehow are able to keep up on all your favorite TV shows, it speaks volumes about your level of commitment. It says that you are not<br />
spending enough time improving your skills and working on bettering your career. if a great career really<br />
matters to you, your actions will show it.</p>
<p>Success equals personal commitment. Successful people are dedicated to learning more and more. They have an insatiable appetite for new materials and tools that will help them to do a better job. Your level of commitment plays a key role in the process of creating a fulfilling career. It is very simple- lack of commitment equals lousy results.</p>
<p>During the past three years we, as a company, have embraced a culture of Continuous Improvement. This couldn&#8217;t happen without strong commitment by everyone in all levels of the organization. Continuous improvement requires dedication and a willingness to be guided by objective information. There is no doubt that our Company&#8217;s culture is evolving. We have learned that we as a group can change our culture,<br />
because the culture is influenced by us as much as it influences us. Our open-door policy, on all levels of management, has empowered our employees to do what&#8217;s right.</p>
<p>Our goal is to do right by our clients and our company; meaning everyone has the power to do their job, to openly speak to another department&#8217;s personnel, to help clients, to find a &#8220;better solution&#8221; when necessary, and so on. Continuous Improvement means constantly making changes and adapting by receiving and using information, and evaluating the effectiveness of these changes.</p>
<p>As changes should never be made in a vacuum, Continuous Improvement is highly dependent on the use of objective information. Only with objective measures can we get a good handle on what is working well and what is not. When we make a change, we can see if it is working well and work with other people to make adjustments. No one will argue with information and numbers that reflect a true picture of success or failure</p>
<p>We are now experiencing the strongest business success we&#8217;ve had in the last 5 years. Aside from sales and profit, employee satisfaction surveys indicate the highest job satisfaction and approval rating we&#8217;ve had in many years. Thanks to you our strategy seems to be working well.</p>


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		<title>Use Your 6 Positive Sales Sense</title>
		<link>http://www.georgesmaynews.com/use-your-6-positive-sales-sense/</link>
		<comments>http://www.georgesmaynews.com/use-your-6-positive-sales-sense/#comments</comments>
		<pubDate>Thu, 15 Jan 2009 16:38:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Executive Insight]]></category>

		<category><![CDATA[bank;]]></category>

		<category><![CDATA[Jason Crowley;]]></category>

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		<description><![CDATA[
Jason Crowley - Southern Divisional Sales Manager
Each sales person has six “Sales Senses.”  If you aren’t using them, you are missing opportunities because these give you important support for your selling efforts.
The  sense of confidence: Your “presence” or the “air” you have about you that&#8217;s bred by preparation and previous wins. The best [...]


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			<content:encoded><![CDATA[<p><a href="http://www.georgesmaynews.com/wp-content/uploads/2009/01/jason_crowley_ad.jpg"><img class="alignleft size-medium wp-image-295" style="margin: 5px 10px;" title="jason_crowley_ad" src="http://www.georgesmaynews.com/wp-content/uploads/2009/01/jason_crowley_ad.jpg" alt="" width="93" height="100" /></a></p>
<p><strong>Jason Crowley - Southern Divisional Sales Manager</strong></p>
<p>Each sales person has six “Sales Senses.”  If you aren’t using them, you are missing opportunities because these give you important support for your selling efforts.</p>
<p><strong>The  sense of confidence: </strong>Your “presence” or the “air” you have about you that&#8217;s bred by preparation and previous wins. The best part about confidence is that it is contagious. You can give it to your prospect.  (Don&#8217;t confuse confidence with its evil twin, arrogance.)</p>
<p><strong>The sense of positive anticipation:</strong> Everyone has read the best book on the subject before the age of five,  “The Little Engine That Could.”  I think I can, I think I can. Thinking you can is 50% of the outcome. (So is thinking that you can&#8217;t.)</p>
<p><strong>The sense of determination: </strong>Hanging  in there no matter what. Determination is having the prospect tell you “no” and  you hear it as “not yet.”</p>
<p><a href="http://www.georgesmaynews.com/wp-content/uploads/2009/01/winning.jpg"><img class="size-medium wp-image-297 alignright" style="margin: 5px 10px;" title="winning" src="http://www.georgesmaynews.com/wp-content/uploads/2009/01/winning.jpg" alt="" width="119" height="168" /></a><strong>The sense of achievement:</strong> Everyone subconsciously strives for his or her goals. Sensing achievement comes from a replay of the satisfaction you gained from making your last sale. Remember how good it felt.</p>
<p><strong>The sense of winning: </strong> Everyone  wants to win, but only a few actually do. That&#8217;s because the will to prepare to  win must exceed the will to win.</p>
<p><strong>The sense of success: </strong> This is the hardest sense to master, because you must sense it before you actually achieve it. That calm feeling of money in the bank. An “I can do it” attitude. A well-lighted path in front of you. The sense of positive purpose.</p>


<p>Related posts:<ol><li><a href='http://www.georgesmaynews.com/building-a-great-business/' rel='bookmark' title='Permanent Link: Building A Great Business'>Building A Great Business</a> <small>If you’ve read more than a couple of business improvement...</small></li></ol></p>]]></content:encoded>
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		<title>Do You Know The Value Of A Survey?</title>
		<link>http://www.georgesmaynews.com/do-you-know-the-value-of-a-survey/</link>
		<comments>http://www.georgesmaynews.com/do-you-know-the-value-of-a-survey/#comments</comments>
		<pubDate>Thu, 15 Jan 2009 16:33:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Executive Insight]]></category>

		<category><![CDATA[Chartered Accountant;]]></category>

		<category><![CDATA[george s may international company]]></category>

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		<guid isPermaLink="false">http://www.georgesmaynews.com/?p=291</guid>
		<description><![CDATA[The George S. May International Company&#8217;s Survey Analysis  is an excellent way to find out:

Break-Even Point
Key Operating Ratios
Cost Control Effectiveness
Organizational Problems
Growth Potential
Profit Potential
Quality Systems Status, and Much More!

Profit Analysis:
Unlike the clients’s CPA or Chartered Accountant, who works with the financial history of a business as it relate to income tax implications, our Survey Analyst [...]


Related posts:<ol><li><a href='http://www.georgesmaynews.com/building-a-great-business/' rel='bookmark' title='Permanent Link: Building A Great Business'>Building A Great Business</a> <small>If you’ve read more than a couple of business improvement...</small></li><li><a href='http://www.georgesmaynews.com/tampabay-media-mentions-gsm-survey/' rel='bookmark' title='Permanent Link: TampaBay media mentions gsm survey'>TampaBay media mentions gsm survey</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/gsm-survey-is-mentioned-in-st-petersburg-times/' rel='bookmark' title='Permanent Link: GSM Survey is mentioned in st. Petersburg Times'>GSM Survey is mentioned in st. Petersburg Times</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/george-s-may-business-consultants-mentioned/' rel='bookmark' title='Permanent Link: George S May Business Consultants Mentioned in Rochesters Shoe Stores History Book'>George S May Business Consultants Mentioned in Rochesters Shoe Stores History Book</a> <small>The Smell of Leather – The History of Rochester Shoe...</small></li></ol>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.georgesmaynews.com/wp-content/uploads/2009/01/ckelly.jpg"><img class="size-medium wp-image-292 alignleft" style="margin: 5px 10px;" title="ckelly" src="http://www.georgesmaynews.com/wp-content/uploads/2009/01/ckelly.jpg" alt="" width="93" height="112" /></a>The George S. May International Company&#8217;s Survey Analysis  is an excellent way to find out:</p>
<ul type="disc">
<li>Break-Even Point</li>
<li>Key Operating Ratios</li>
<li>Cost Control Effectiveness</li>
<li>Organizational Problems</li>
<li>Growth Potential</li>
<li>Profit Potential</li>
<li>Quality Systems Status, and Much More!</li>
</ul>
<p><strong>Profit Analysis:</strong></p>
<p>Unlike the clients’s CPA or Chartered Accountant, who works with the financial history of a business as it relate to income tax implications, our Survey Analyst works with the profit potential of the business as it relates to the future.  Our Analyst can do nothing to impact the past, but his or her work can substantially improve the profit picture for the future of that client.</p>
<p>Our Analyst during the Survey will perform a profit analysis pointing out areas of waste and inefficiency.  This study will include a calculation to a tenth of a percentage point the profit potential of the business.  Areas of lost profit opportunity will be discussed with the client in a manner that the client will have a clear picture of where to improve the financial well being of the business through profit management.  This profit analysis could demonstrate thousands of dollars of lost profit for the average business.</p>
<p><strong>NOTE: This part of the Survey is worth the $350.00 Survey  fee by itself.</strong></p>
<p><strong>Human Resource  Analysis</strong></p>
<p>Most business owners have no idea of the productivity levels of their employees.  Add to this, the fact that most have no method to evaluate employee morale.</p>
<p>It is not uncommon for the business owner to believe that all of the employees are content with their jobs and are working at full capacity.  Our experience with over 10,000 new Surveys a year clearly demonstrates that most businesses do not maximize their human resources.  The Survey Analyst uses questionnaires together with employee interviews and the power of observation to report on the level of productivity and employee morale.</p>
<p>When the Analyst arrives at the client, the Analyst has never met the employees before and will no doubt, never see them again.  Our Analyst is not influenced by relatives or friends of the business owner.  The business owner will get an objective review of the utilization factor of the employees for the first time.</p>
<p><strong>NOTE: The review of human resources is worth the $350.00  Survey fee by itself.</strong></p>


<p>Related posts:<ol><li><a href='http://www.georgesmaynews.com/building-a-great-business/' rel='bookmark' title='Permanent Link: Building A Great Business'>Building A Great Business</a> <small>If you’ve read more than a couple of business improvement...</small></li><li><a href='http://www.georgesmaynews.com/tampabay-media-mentions-gsm-survey/' rel='bookmark' title='Permanent Link: TampaBay media mentions gsm survey'>TampaBay media mentions gsm survey</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/gsm-survey-is-mentioned-in-st-petersburg-times/' rel='bookmark' title='Permanent Link: GSM Survey is mentioned in st. Petersburg Times'>GSM Survey is mentioned in st. Petersburg Times</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/george-s-may-business-consultants-mentioned/' rel='bookmark' title='Permanent Link: George S May Business Consultants Mentioned in Rochesters Shoe Stores History Book'>George S May Business Consultants Mentioned in Rochesters Shoe Stores History Book</a> <small>The Smell of Leather – The History of Rochester Shoe...</small></li></ol></p>]]></content:encoded>
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		<title>George S. May&#8217;s Survey Mentioned in The Record</title>
		<link>http://www.georgesmaynews.com/george-s-mays-survey-mentioned-in-the-record/</link>
		<comments>http://www.georgesmaynews.com/george-s-mays-survey-mentioned-in-the-record/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 16:42:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Media Releases]]></category>

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		<guid isPermaLink="false">http://www.georgesmaynews.com/?p=239</guid>
		<description><![CDATA[Most small-business  owners
Feels credit relief is critical to their survival, but 60.2  percent don’t think it will come in time. The management consulting firm George S. May International  poll of 750 small business owners across the U.S. showed the top three  expectations from the new administration as being credit relief (35.1 [...]


Related posts:<ol><li><a href='http://www.georgesmaynews.com/gsm-survey-is-mentioned-in-st-petersburg-times/' rel='bookmark' title='Permanent Link: GSM Survey is mentioned in st. Petersburg Times'>GSM Survey is mentioned in st. Petersburg Times</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/gsmic-mentioned-in-a-biztimescom-article/' rel='bookmark' title='Permanent Link: GSMIC mentioned in a biztimes.com article.'>GSMIC mentioned in a biztimes.com article.</a> <small>Don&#8217;t make wellness a budget casualty By Connie Roethel ,...</small></li><li><a href='http://www.georgesmaynews.com/tampabay-media-mentions-gsm-survey/' rel='bookmark' title='Permanent Link: TampaBay media mentions gsm survey'>TampaBay media mentions gsm survey</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/george-s-may-mentioned-in-god-owns-my-business/' rel='bookmark' title='Permanent Link: George S May mentioned in &#8220;God Owns My Business&#8221;'>George S May mentioned in &#8220;God Owns My Business&#8221;</a> <small>“Of course, what bothers me is that if we really...</small></li></ol>]]></description>
			<content:encoded><![CDATA[<p align="left"><strong><a href="http://www.georgesmay.com/extra/reference_reprints/the_record_economyroundup.pdf" target="_blank"><img src="/wp-content/uploads/2008/12/the_record_economyroundup.jpg" alt="therecord" width="111" height="144" border="1" align="left" style="margin:10px;" /></a>Most small-business  owners</strong><br />
Feels credit relief is critical to their survival, but 60.2  percent don’t think it will come in time. The management consulting firm George S. May International  poll of 750 small business owners across the U.S. showed the top three  expectations from the new administration as being credit relief (35.1 percent),  affordable health care for employees (32.6 percent) and tax rebates or  incentive (32.3 percent). In addition to late credit relief, 53.7 percent of  respondents believe health care costs will rise in 2009, while 29.6 percent  said health care costs will stay the same, and 16.7 percent believe costs will  decrease.</p>
<p><strong>Despite the slowing  economy, </strong>U.S. Internet advertising revenue rose in the third quarter,  according to an analysis released Thursday. The report from the Interactive Advertising Bureau and  PricewaterhouseCoopers LLP said that online advertising revenue totaled almost  $5.9 billion in the third quarter, up 11 percent from the same period last  year. It marked a 2 percent rise from the second quarter.</p>
<p><strong>New claims for  unemployment benefits </strong>jumped last week to a 16-year high, providing more  evidence of a rapidly weakening job market expected to get even worse next  year. The government said new applications for jobless benefits  rose to a seasonally adjusted 542,000 from a downwardly revised figure of  515,000 in the previous week, the highest level of claim since July 1992. The four-week average of claims, which smoothes out  fluctuation, was even worse; it rose to 506,500, the highest in more than 25  years.</p>
<p><strong>The economy’s health  worsened in October </strong>as stocks, building permits and consumer expectations  all fell. The New York  based Conference Board said its monthly forecast of economic activity declined  0.8 percent in October. Over the last seven months, the index declined at a 4.7  percent annual rate, faster than any decline since 2001.  </p>


<p>Related posts:<ol><li><a href='http://www.georgesmaynews.com/gsm-survey-is-mentioned-in-st-petersburg-times/' rel='bookmark' title='Permanent Link: GSM Survey is mentioned in st. Petersburg Times'>GSM Survey is mentioned in st. Petersburg Times</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/gsmic-mentioned-in-a-biztimescom-article/' rel='bookmark' title='Permanent Link: GSMIC mentioned in a biztimes.com article.'>GSMIC mentioned in a biztimes.com article.</a> <small>Don&#8217;t make wellness a budget casualty By Connie Roethel ,...</small></li><li><a href='http://www.georgesmaynews.com/tampabay-media-mentions-gsm-survey/' rel='bookmark' title='Permanent Link: TampaBay media mentions gsm survey'>TampaBay media mentions gsm survey</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/george-s-may-mentioned-in-god-owns-my-business/' rel='bookmark' title='Permanent Link: George S May mentioned in &#8220;God Owns My Business&#8221;'>George S May mentioned in &#8220;God Owns My Business&#8221;</a> <small>“Of course, what bothers me is that if we really...</small></li></ol></p>]]></content:encoded>
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		<title>GSM in Industry Week</title>
		<link>http://www.georgesmaynews.com/gsm-in-industry-week/</link>
		<comments>http://www.georgesmaynews.com/gsm-in-industry-week/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 16:16:14 +0000</pubDate>
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		<guid isPermaLink="false">http://www.georgesmaynews.com/?p=235</guid>
		<description><![CDATA[


Small  and Mid-sized Manufacturers: Flexible and Focused
Saturday, November 01, 2008
By Jonathan Katz
By targeting niche products and staying nimble, small and  mid-sized manufacturers prove they can play with the big boys. 
One area where many  small and mid-sized manufacturers often find themselves lacking is in the  process of cost accounting, says Joe [...]


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<h3 style="line-height:18.0pt;"><span style="font-family:Arial; color:black; ">Small  and Mid-sized Manufacturers: Flexible and Focused</span></h3>
<p style="line-height:18.0pt;"><span class="byline1"><span style="font-family:Arial; color:black; ">Saturday, November 01, 2008</span></span><em><span style="font-family:Arial; color:black; "><br />
By Jonathan Katz</span></em></p>
<p style="line-height:18.0pt;"><strong>By targeting niche products and staying nimble, small and  mid-sized manufacturers prove they can play with the big boys. </strong></p>
<p style="line-height:18.0pt;"><span style="color:black; "><a href="http://www.georgesmay.com/extra/reference_reprints/industryweek.pdf" target="_blank"><img align="left" style="margin:10px;" src="/wp-content/uploads/2008/12/industryweek.jpg" alt="industryweek" width="98" height="144"></a>One area where many  small and mid-sized manufacturers often find themselves lacking is in the  process of cost accounting, says Joe Vogel, senior staff executive at small and  mid-sized business consulting firm George S May International Co. In some  cases, small companies haven&#8217;t invested in reporting systems that gather enough  data from the shop floor to measure productivity, Vogel says. &quot;When an  operator is not doing something that&#8217;s directly making parts, you need to know  what that is, and not only measure what that is but monitor and manage that  cost,&quot; he says. When Vogel enters small manufacturing operations he often  finds them using low-level accounting software such as QuickBooks to manage  their costs. His firm helps clients establish accounting systems that can  categorize direct and indirect costs.</span><span style="font-size:14.0pt; color:black; "> </span></p>
<p style="line-height:18.0pt;">Another area that all manufacturers are  struggling with is skilled labor. This means small and mid-sized manufacturers  will need to be equally innovative with their job recruitment strategies as  they are with their marketing tactics. Marlin Steel Wire tries to woo workers  with four-day workweeks of 10-hour days, a family-friendly atmosphere &#8212; the  company bookkeeper is permitted to bring her one-year-old daughter into the  office &#8212; and bonus programs for plant-floor workers who meet their targets,  which have been particularly successful, according to Greenblatt. &quot;I&#8217;ve  created 20-something entrepreneurs here, and they&#8217;re all extremely focused on  enriching themselves, and because of that, they&#8217;re pumping out a lot of stuff,  and we&#8217;re extremely productive.&quot;</p>


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		<title>TampaBay media mentions gsm survey</title>
		<link>http://www.georgesmaynews.com/tampabay-media-mentions-gsm-survey/</link>
		<comments>http://www.georgesmaynews.com/tampabay-media-mentions-gsm-survey/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 10:39:55 +0000</pubDate>
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		<guid isPermaLink="false">http://www.georgesmaynews.com/?p=233</guid>
		<description><![CDATA[


Small businesses reduced to survival mode 
By Jeff  Harrington, Times Staff Writer 
  In print: Sunday, December 14, 2008 
TAMPA — Like  many of the small-business owners crammed into the classroom-sized seminar,  Judi Belanger had a problem. 
Her Ruskin-based pet-sitting business, This Little One Stayed Home, was  handling up to [...]


Related posts:<ol><li><a href='http://www.georgesmaynews.com/gsm-survey-is-mentioned-in-st-petersburg-times/' rel='bookmark' title='Permanent Link: GSM Survey is mentioned in st. Petersburg Times'>GSM Survey is mentioned in st. Petersburg Times</a> <small> Small businesses reduced to survival mode By Jeff Harrington,...</small></li><li><a href='http://www.georgesmaynews.com/george-s-mays-survey-mentioned-in-the-record/' rel='bookmark' title='Permanent Link: George S. May&#8217;s Survey Mentioned in The Record'>George S. May&#8217;s Survey Mentioned in The Record</a> <small>Most small-business owners Feels credit relief is critical to their...</small></li><li><a href='http://www.georgesmaynews.com/dan-hall-invests-in-george-s-may-and-it-pays-off/' rel='bookmark' title='Permanent Link: Dan Hall invests in George S May and it pays off'>Dan Hall invests in George S May and it pays off</a> <small>Dan Hall went from being janitor to owner of Church...</small></li><li><a href='http://www.georgesmaynews.com/do-you-know-the-value-of-a-survey/' rel='bookmark' title='Permanent Link: Do You Know The Value Of A Survey?'>Do You Know The Value Of A Survey?</a> <small>The George S. May International Company&#8217;s Survey Analysis is an...</small></li></ol>]]></description>
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<h3>Small businesses reduced to survival mode </h3>
<p>By <a href="http://www.tampabay.com/writers/article380507.ece">Jeff  Harrington</a>, Times Staff Writer <br />
  In print: Sunday, December 14, 2008 </p>
<p>TAMPA — Like  many of the small-business owners crammed into the classroom-sized seminar,  Judi Belanger had a problem. </p>
<p><a href="http://www.georgesmay.com/extra/reference_reprints/tampabay.pdf" target="_blank"><img src="/wp-content/uploads/2008/12/tampabay.jpg" width="111" height="144" border="1" align="left" style="margin:10px;"></a>Her Ruskin-based pet-sitting business, This Little One Stayed Home, was  handling up to 15 customers a day until business dramatically fell off in  September. She&#8217;s lucky to pull in one or two new customers a month. </p>
<p>&quot;Money is tight and people aren&#8217;t traveling and leaving their  pets,&quot; Belanger told fellow entrepreneurs during a Small Business Survival  Expo last week. Organizers for Hillsborough  County&#8217;s Small Business   Information Center  pulled together the expo in less than three weeks and were  part-encouraged/part-dismayed when almost 400 people showed up. </p>
<p>&quot;We&#8217;ve never done something like this before,&quot; Beth Calhoun, an  expo coordinator, said before adding in a half-whisper, &quot;Things have never  been so bad before.&quot; </p>
<p><span id="more-233"></span></p>
<p>Amid all the bailout talk for financial and auto giants, the country&#8217;s vast  and varied pool of small businesses, the proverbial backbone of the economy, is  taking it on the chin. </p>
<p>Depressing data abounds: Small-business loans taken out have fallen 38  percent from a year ago; two-thirds of senior loan officers report tighter  credit standards on loans to small companies. Small business makes up 90  percent of the retail and restaurant trade, one of the sectors suffering most  in the recession. </p>
<p>In a recent semiannual survey by American Express, one-third of  small-business owners reported the economy as their biggest challenge to  growth. &quot;And until small businesses feel more optimistic about their  business in the near and long term, this economy will continue to drag,&quot;  an October report from the U.S. House Committee on Small Business concluded. </p>
<p>Concerns are broad-based. But for many businesses that believe they <em>could</em> be growing, the most agonizing issue is lack of available credit from banks and  credit card companies. <span style="background:yellow; ">In  a November survey by consulting firm George S. May International, most  small-business owners said credit relief is critical, but 60.2 percent don&#8217;t  think it will come in time.</span> </p>
<p>&quot;Anyone who relies on short-term credit for things would tell you  they&#8217;re having the same problem,&quot; said Doug Towne, a consultant in Largo who advises  companies on disability issues. </p>
<p>&quot;We gave (the big banks) $700-billion to free up credit … and  apparently it&#8217;s done just the opposite. They&#8217;re using this money to buy other  banks; they&#8217;re not extending credit, not to the small-business owner.&#8221; </p>
<p>At USF&#8217;s Small Business Development  Center in Tampa, assistant director Jim Parrish offers  rather somber advice to startups looking for loans: Wait &#8217;til next year. Maybe  February or March. &quot;All of the financial institutions, almost all of them,  are sitting on their hands … even the community banks that do have money to  lend,&quot; Parrish said. </p>
<p><strong>Statewide fallout</strong> </p>
<p>In its broadest terms, the Small Business Administration defines a small business  as any with fewer than 500 employees. In Florida,  economists say, small business accounts for more than 80 percent of the  economic engine. </p>
<p>Whether it&#8217;s the lone operator designing Web sites from home or the  manufacturer with a work force just south of 500, this recession isn&#8217;t  discriminating; they all face challenges. </p>
<p>One measure of the impact is chronicled by FRED, the acronym for the  state-run Florida Research and Economic Database. FRED lists 214 private  employers based in the Tampa   Bay area with fewer than  500 employees apiece. But that dated list includes more than a few that have  either recently gone into bankruptcy reorganization or closed their doors:  names like Arigato Japanese Steak House, Accentia BioPharmaceuticals, Creative  Loafing, Dynamic Leisure, NetWolves Corp. </p>
<p>Some of the most successful American companies were founded during  recessions, like Disney (recession of 1923-24) GE (panic of 1873) and Microsoft  (1975). </p>
<p>This time, circumstances are different. </p>
<p>In a typical postwar recession, established but bloated businesses are  affected the most. Mass layoffs from major manufacturers are widespread. That&#8217;s  still happening now, but small businesses are being hit harder than usual  because the credit crunch is fueling this recession. The last time that  scenario happened: 1929. </p>
<p><strong>Stalled startups</strong> </p>
<p>Small businesses have historically relied on home-equity loans and credit  cards to get established. Those avenues, along with small-business loans from  banks, have turned into dead ends. Homeowners have lost equity to tap while  credit card companies such as American Express and Citigroup are lowering  credit lines and hiking interest rates. </p>
<p>&quot;Washington  has failed to realize that so many small businesses rely on a diverse method of  financing their day-to-day activities,&quot; said Dean Doulou, a business  broker and commercial real estate broker in the bay area. </p>
<p>&quot;You can see what&#8217;s happening. … Go up and down the highways (showing) Pinellas County&#8217;s strip centers.&quot; </p>
<p>In October alone, companies nationwide with 50 or fewer workers eliminated  25,000 jobs, according to the ADP Small Business Report. It was the first  decline in small-business employment in six years, running counter to the old  saw that small-business employment grows when big companies lay off workers. </p>
<p>&quot;It&#8217;s tough for small business. They most likely don&#8217;t have a war chest  to fall back on,&quot; said Sean Snaith, an economist with the University of Central Florida. &quot;You&#8217;re not too  big to fail when you&#8217;re a small business.&quot; </p>
<p>Snaith recalled a recent conversation with a businesswoman in Orlando who runs a day  care center. She used to buy goldfish crackers and other snacks from a vendor  on credit; now it&#8217;s cash only and she can&#8217;t afford to stock up. &quot;Simple  things that small businesses count on are drying up, let alone going to a bank  to finance an expansion,&quot; he said. </p>
<p>Parrish with the Small   Business Development   Center said one banker  told him they won&#8217;t approve any SBA loans unless they are secured by commercial  real estate and the borrower is taking out no more than 70 percent of the value  of the property. </p>
<p>&quot;Why even bother?&quot; he said. </p>
<p>Parrish is steering business owners to alternative financing. One source he  cited is equipment leasing companies that are still actively seeking customers  for long-term rental agreements. </p>
<p>Another is the SBA&#8217;s 504 loan program, which targets job creation.  Businesses can&#8217;t use it for working capital, but they can get support for  buying land and equipment. Here&#8217;s how it works: A Certified Development Company  approved by the government would loan 40 percent of a project and work with a  bank to provide 50 percent, with the bank&#8217;s loan secured by a first mortgage.  The business owner would then have to put up only 10 percent. </p>
<p>Perhaps the most popular option lately for the cash-starved: factoring. </p>
<p>The most common way a factoring company operates is to advance a small  business the money needed to meet customer demand by buying that small  company&#8217;s accounts receivable payments. Once customers pay up, the factoring  company takes out what it&#8217;s owed and pays the balance — minus fees of 1 to 5  percent — back to the small business. </p>
<p>Often, factoring companies will advance a business 80 to 85 percent of the  value of their accounts receivables. If their accounts are equal to $10,000, a  company would get about $8,500 up front. </p>
<p>&quot;It&#8217;s very expensive money,&quot; Parrish said, &quot;but the good news  is it&#8217;s still available, and if your profit margins are adequate, it&#8217;s a way to  go while you&#8217;re waiting for the banks to start loaning money again.&quot; </p>
<p>Bebe Ziegler, who runs Brandon  fashion designer Ice It By Bebe, turned to a factoring arrangement with  Amerifactors recently after landing a big merchandise order from  Bloomingdale&#8217;s. </p>
<p>&quot;We&#8217;re not stuck on financing $30,000 … until our check comes in from  Bloomingdale&#8217;s,&quot; Ziegler said. &quot;It&#8217;s instant pay.&quot; </p>
<p>And it beats the alternative, she added: putting that $30,000 on a credit  card charging 17 percent interest. </p>
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