Business and Money Tips

Note: PIC (Productivity and Innovation Credit) from IRAS gives companies 60% cash (maximum $60,000 yearly) when they invest in training and equipment. To get the most from the government under PIC claims and yet don't cheat them and break the law, all companies can do the following 7 things: (to get your free iPhone 6 + worth $1,488 without paying, read this ) Get a designated person in your company to be the PIC Leader, who will oversee all PIC claims.  This is because there is no such thing as auto pilot, more at here Learn from trainers how to maximise the PIC claims.  An example of a good course is here Go for cash payout instead of tax deduction , as this will give you more cash flow, allowing to invest more in PIC activities and claim even more in return Invest in PIC claimable equipment , like an automated door instead of a fancy door Invest in training , especially those t raining that increases your profits directly , in particular sales training .   Invest i

Note: Successful Selling Strategies seminar is now on 17 July 2014 Thursday 9 am to 12.30 pm.  Details at here . Everyone from Facebook to Google and Apple are jumping into this bandwagon of Successful Selling Strategies , which are summarized as follows:(source from here ) Your salespeople are the solutions to increasing sales , not more advertising or image building.  All Apple Stores (not to be confused with Apple Resellers) staff undergo 3-months of intensive training before they can attend to walk-in customers.  How about you?  When was the last time your salespeople attend training?   2 years ago?  Take advantage of PIC claims and sign them up for sales training now! Content is king, context is emperor.   Yes, content is important, but what is more important than content is context, how do you customize and contextualize your content to the local market?   Customer satisfaction is worthless, customer loyalty is priceless .  No point satisfying your c

* Find out how to be a great manager in 4 weeks at here Everybody knows that the PIC (Productivity and Innovation Credit) scheme is about the government handling out $60,000 cash every year (from 2012 to 2017) on your spendings on External Training , Internal Training, IT, Automation Equipment, Websites and Intellectual Property Rights.  However, the following are the 5 things that the government may not tell you about the PIC: The PIC Bonus scheme, which is expiring in 2014 , is given to you automatically without you applying.  What they may not tell you is that if your financial year-end is in 30 June, then your PIC Bonus has already expired on 30 June 2014.   Note that once expired, the PIC Bonus will not be renewed .  The g overnment will not send out reminders and companies can only blame themselves if they realized that they have not receive the full $15,000 PIC Bonus. PIC is given to all entities, including non-profit organizations like clubs and societies.  However, no