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Showing posts with the label due diligence

Intermodalism? Small to Medium Enterprises and Assosications take note!

Intermodalism? Small to Medium Enterprises and Associations take note! John Lyman Business Chronicles Small and Medium Enterprises and Associations fight uphill battles for international trade; especially, when confronting large corporations with significant influence on trade route shipping and competitive modes of delivery. Not too long ago, I was asked by two of the most influential small business associations in Ecuador and Taiwan to work within their associations to determine which members might be able to establish international trade and might exercise spheres of influence in developing new, alternative trade routes. Ecuador , the largest Latin American benefactor of multi-country trade agreements, wanted to work with their Federation of Exporters to develop an alternative trade route that bypassed the Panama Canal - "The Amazon Route to The Gulf of Mexico". Taiwan , one of the most influential of the Greater Asia Pacific trade associations, wanted to establish new tr...

Rating Agencies Fail to Help Business - Small Business Models Better

Rating Agencies Fail to Help Business - Small Business Models Better Well, there they go again! That's right Rating Agencies (S&P, Moody's, D&Bs), the ratings companies of Enron, Worldcom, lose their moral right to rate! Reputations built on due diligence can follow the home based entrepreneurs and small to medium enterprises models. Let's just suggest, that MicroSoft, Apple, Google and others, if rated by Ratings Agencies at their time of conception...would have never rated either worth capital funding and sound market entry. Small and medium enterprises under successful models balance "self due diligence" with sound research like MIRs and CMRs , sound communication between business partners, strategic market entries, limited capital with targeted goals. Rating Agencies should truly consider returning to the basics and look to the small and medium enterprises, home based entrepreneurs and associations of small and medium enterprises and the merits o...