Dividend Stock To Monitor: Sysco Corporation (SYY)

Sysco Corporation (NYSE:SYY) share price jumped at US$ 53.02 before falling back to end the trade at US$ 52.89 a share. The dividend stock is -6.76% off a 52-week high stock price of US$ 57.07 but is up 27.72% since hitting the US$ 42.77. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 28.78.

After a 0.27% rise from previous close of US$ 52.75, Sysco Corporation (SYY) has a US$ 28.72 Billion market cap. The company pays a US$ 0.33-cent-per-share quarterly dividend, giving it a 2.5% yield. That brings its full year payout to US$ 1.32 and 66.9% annual payout ratio based on EPS. According to FT, Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 3.39% and 42.93%, respectively. The positive trend in dividend payments is noteworthy since only some companies in the Retail (Grocery) industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.

The SYY has tumbled -3.9% year-to-date. The equity has slowed down in recent weeks, with shares lower about -0.97% in the past three months. It added 0.27%, climbed -1.18% and jumped 1.49% in the week, one month and six months, respectively. Revenue growth rate was recorded at 5.1% and net income per share was seen moving at a -3.4% rate in the past five years.

Sysco Corporation (NYSE:SYY) is over 1% above analysts’ consensus price target of US$ 54.31. The stock has blown through analysts’ low price target of US$ 46, but is still below the high US$ 60 target. On a price appreciation basis over the past 12 months, the stock returned 25.88%.

Financial Times data shows, In 2016, Sysco Corp reported a dividend of 1.22 USD, which represents a 3.39% increase over last year. The 9 analysts covering the company expect dividends of 1.28 USD for the upcoming fiscal year, an increase of 4.84%. The most recent short interest data show 2.49% of the company’s stock are short sold. It would take about 3.84 days to cover all short positions. In terms of volatility, it has a beta coefficient of 0.55 and technical analysis volatility indicator called Average True Range or ATR around 0.66.

Sysco Corporation (NYSE:SYY) closed 3.62% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is -2.22% below another chart threshold, its 50-day moving average and 0.75% above its 20-day simple moving average.

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Dividend Stock To Monitor: Sysco Corporation (SYY)

Mitsubishi Motors Stock Ready to Drop to New Record Low

On Thursday, shares of Mitsubishi Motors were not traded as they were swamped with massive sell orders and were ready to hit a new record low after the automaker based in Japan admitted to manipulating data on fuel economy. The sixth largest Japanese automaker announced on Wednesday that it had manipulated the test data to […]
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Mitsubishi Motors Stock Ready to Drop to New Record Low

7 Steps to Launch Your Small Business

The entrepreneurial spirit is alive and well in America today. Increasing numbers of people are opening their own small businesses in an attempt to gain economic freedom and command their own destiny. Unfortunately, statistics show that ninety-five percent of new businesses don’t last past ten years. New restaurants have even a worse record: fifty percent of them will close within the first year of opening.

Many of these failed business owners might have succeeded if they’d planned and followed an organized process on how to start a business. Even more starkly, there are thousands upon thousands of Americans who never take the risks of entrepreneurship – not because they lack the ideas, but because they don’t know where to start. As Suzy Kassem has told us, “Fear kills more dreams than failure ever will.” In order to help ease fear and mitigate the risk of failure, here are seven steps you should follow before your launch your own new business:

1. Research Your Idea
Ask yourself if there is a market and a demand for your business offering. Your intuition says that there is, but remember that you are unique, and your desires and excitement may not be indicative of the greater population. If research shows there isn’t a sizable market, stop. Go no further. Without demand, there are no sales and your business is doomed. Trying to create a demand for something new is extremely difficult and expensive. “A business that doesn’t make money is a hobby” (Dave Ramsey).

2. Choose a name
Pick a name that describes you and your business. Make it descriptive, distinctive, and eye-catching. Once you’ve picked a name, check with the CIPC to see if the name is available. If so, register it. Keep in mind that the name you choose will help in your reputation building as an owner and successful business person. You will want to register a domain name for your website that matches your business name. It is important enough to match the business name to the domain name that you may want to choose a business name based partially on which domains can be easily and cheaply obtained.

3. Write a Business Plan

Every new enterprise should have a business plan to guide you through the launching process and into the first year of operation. There are many resources that provide outlines and sample business plans you can study. Entrepreneur Magazine has this helpful guide to creating a business plan. Having a detailed plan will help you know what you need to do at every point in your journey.

4. Pricing Your Product or Service 
You need to determine the cost of producing your item before you can peg an asking price for it. You might have the best idea for an item since sliced bread, but if you can’t bring it to market at a competitive price, your business will fail. Study your competition to see what the costs of alternatives might be.

5. Finance Your Venture
The dirty secret of business financing is that the SBA Loan is the cause of most business failures. Debt of any kind is a stranglehold on a business at any stage, and especially in its vulnerable infancy. Successful businesses typically finance their growth and operations organically, meaning they pump profits back into the business repeatedly until it becomes self-sustaining.

6. Legal Structure
You should consult a tax or business advisor to determine what legal entity you should operate under. Your choice of a sole proprietorship, a partnership or a corporation could be instrumental in the taxes you pay and the long-term life of your business. What you learned about ownership structure in business classes was probably overly simplistic compared to the complicated structure of the business tax code.

7. Determine Your Cash Flow Needs

Cash is king in business, especially if you are going to manufacture an item to wholesale to a retailer. Many small businesses have failed who had a great product but didn’t have the cash necessary to produce large quantities of their product for buyers who only paid on extended terms. Try and secure a line of credit from a bank that will allow you to borrow money for short periods of times in order to cover these periods in between shipment and payment.

There are obviously many other factors you need to consider when opening a new business other than the seven offered above. If you follow these steps, however, and plan, plan, and plan, your chance for success should be greatly enhanced.

 

Rachael Murphey is an entrepreneur and writer on topics of business, finance, leadership, and self-improvement. She has written for Idea Cafe, Reputation Building, and the Odyssey. Rachael currently lives in Denver, CO with her dog Charlie.

The post 7 Steps to Launch Your Small Business appeared first on Blogtrepreneur — For Busy Entrepreneurs.

Blogtrepreneur – For Busy Entrepreneurs

7 Steps to Launch Your Small Business

China and Mexico: The Two Amigos? Part IV

In my first post, I discussed China’s efforts to build stronger economic ties with Mexico – and why Mexico should be clear-eyed about China’s motives. In my second post, I examined the current economic relationship between Mexico and China. In my third post, I explained why the economic relationship between China and Mexico has made so little progress. In this, my fourth and final post, I will look to the future and discuss how to improve the China-Mexico business relationship.

My first piece of advice is for Mexican companies to be realistic about what China wants and what China is truly prepared to do. Just because China offers itself as an alternative to Trump’s America doesn’t mean it is the right alternative, or even a good alternative. Every country has its own agenda and it would be foolish to think otherwise.

Beyond that, every Mexican company should ask itself if it is truly ready to do business with China, and every Chinese company should ask itself if it is truly ready to business with Mexico. It makes no sense to talk about strategic partnership without companies the right companies that are willing and able to profit from a reinvigorated relationship between the two countries. And in my company’s experience, there is a lot of work to be done on both sides, including the following:

• Companies must adopt corporate governance principles and incorporate due diligence into their everyday processes to ensure compliance with the other country’s laws and regulations.

• Mexican companies must make IP protection their top priority and register their copyrights, trademarks, and patents in China as soon as practicable. This advice applies whether they are directly operating in China or are merely operating in the US, Europe, or any other jurisdiction that would put them on the radar of a Chinese squatter.

• Executives must understand not just the relevant laws in the other country, but also the cultural mores and unwritten business rules – and the implications for their company. Mexican executives need to realize that they are both in charge of the Chinese operation and accountable for it. Similarly, Mexican companies should balance the obvious need to hire Chinese nationals with the need to retain personnel (probably expats) who “get” China but also understand Mexico’s business culture and are truly on the side of the Mexican company. This sort of cultural fluency is in many ways more important than language fluency.

• Mexican companies must move beyond the idea that they are direct competitors with their Chinese counterparts. Instead they should either engage in further specialization, or move up the value chain. Patents and trademarks and geographic indicators/appellations of origin can play a key role in differentiation. But being different only goes so far – if you don’t have a product Chinese consumers want, being different is irrelevant.

• Companies on both sides need the support of their respective government, as well as the counsel of qualified international lawyers. Many of the deals I see today have neither, but as the monetary value of the deals goes up, the rest will/must follow.

Almost all of the above address what private companies can do. But the Mexican government has a role, too. It needs to implement an effective economic agenda, and maintain progress toward North American integration.

An effective economic agenda involves more investment in trade intelligence and entering into trade and investment policy negotiations with China that are derived, as much as possible, from the political and ideological considerations that have characterized China’s relationship with many commodity-producing countries in our region. At the same time, Mexico needs to rise up the global value chain, and that requires investing in infrastructure, facilitating trade, and improving the quality of accreditation.

It may seem odd to talk about further North American integration against the backdrop of Trump’s rhetoric against NAFTA and against globalization. But China has long been the de facto 4th member of NAFTA and it’s silly to pretend otherwise. And given the enormously important economic ties among the NAFTA countries, a purely bilateral agreement (i.e., solely between China and Mexico or China and the US) seems increasingly unrealistic.

My company’s bottom line is that we cannot wait to see what Trump does or doesn’t do. Or for that matter, what China does or doesn’t do. China is not going to replace the US as Mexico’s largest and most important trading partner. Each Mexican company’s China strategy should be stand on its own terms. Mexican companies should expand into China because it makes sense to do so and because they think they can succeed there – not because they think China is going to replace the US as Mexico’s most important trading partner.

 

The above post is by Adrián Cisneros Aguilar. Adrian is the founder/CEO of Chevaya (驰亚), an Asia-Pacific internationalisation services company. Adrián has a Doctor of Laws from Shanghai Jiao Tong University and an LL.M. in International and Chinese Law from Wuhan University.

China Law Blog

China and Mexico: The Two Amigos? Part IV

Business Opportunities for Budding Entrepreneurs in Singapore

Are you eager to begin a new business? You may be surprised to discover that Singapore is a fantastic place to establish yourself – the best in the world.

Beginning a new life there is a great option, and a visa for entrepreneurs is something that can be acquired relatively easily if you meet the requirements.

They host a ton of opportunities for those interested in setting up or expanding their companies. More than 3000 foreign corporations have based themselves here – it’s a sign that something’s working. So, let’s take a look at what options are open to you.

What’s The Leading Business To Run?

Without a doubt, the majority of companies who prosper the most are the ones who deal in food. Not only does everyone need to eat food to survive, they also gain great pleasure from it.

However, it’s incredibly competitive and it’s highly likely that you won’t stand a chance. Opening a restaurant may be a little too ambitious to begin with, but creating a smaller-scale place that sells snacks may be more suitable.

You don’t need to invest a lot of money into it and, once you get it going, it can be extremely profitable – Singaporeans love fast-food and snacks that they can pick up on the go.

Agriculture

The agriculture sector comes with minimal competition, even though there’s such an enormous need for food and other items that cultivation can produce. Those who are in this industry are actually becoming overwhelmed with the demand, so you’d be welcomed to be a part of the industry to lend a helping hand.

Although, the cost for the technology to operate this kind of business is high, if you’re prepared to endure this short-term cost, you’ll see big-time profits shortly afterward.

Electronics

The tech trade is currently thriving in this country. It takes up a hefty chunk of the division of production. Furthermore, people are always going to be needing electronic items, and there are a couple of ways you could approach making sales.

If you’ve got a limited amount of start-up capital, you could try to specialize in certain types of products. But, if you obtain the money to spend, it would be wise to stock as many various items as possible.

Even those with a business elsewhere can benefit. This country is a great place to expand even further. The climate of businesses is always welcoming and supportive, which is why there’s a multitude of companies operating there.

There’s also a wide scale of different markets you could choose to invest in. It’s a great place to launch a new company and plan for your future. The standard of living is exceptional, as are the chances for you to succeed.

The post Business Opportunities for Budding Entrepreneurs in Singapore appeared first on Blogtrepreneur — For Busy Entrepreneurs.

Blogtrepreneur – For Busy Entrepreneurs

Business Opportunities for Budding Entrepreneurs in Singapore

How to Find and Work With Influencers

We have yet to see the full power of where the influencer economy will take us. What many don’t realize is this is only a new twist on the old game of having celebrities endorse your products or services. The difference now is what constitutes influence.

Where once only the rich and famous had significant influence (and they still do), today there are many paths to becoming influential enough to derive an income. We all have many more choices of influencers when we want to promote our book, product, or business.

Types of Influencers

Brands have been paying mom blogs to promote their products for years because their readers are loyal and trust their recommendations more than advertising.

Authors are investing money with social media influencers to push their content onto the “Most Popular” page of major sites like Forbes. They could spend more and get it featured on the home page.

Celebrities can now rise from the working class to become valuable on a specific social media platform. We see this most often on YouTube, Instagram or Snapchat, but that type of influence is also found on Twitter, Facebook, Pinterest and LinkedIn.

This fascinating story on Entrepreneur relates How This Entrepreneur Went From Dead Broke to Mega Influencer in One Year. He leveraged his connections to create demand for introducing important people to each other in a social setting.

While most of us do not have those kinds of connections, what he did is what I do to grow work for all my collaborators. The difference is that only those who can pay 4 figures can participate in what he is doing while anyone can benefit from working with us.

Influencers tend to know each other, and that influence grew out of their relationships. But what if you’re not an influencer? Maybe you want to become one or perhaps you would like to engage influencers to promote your business.

Finding and Working With Influencers

Fortunately, platforms exist to identify influencers and enable anyone to connect with them. ClearVoice is a creator marketplace enabling users to discover the optimum content creators for their needs.

I mention them because they go beyond just creating content or finding influencers; their platform provides a workflow for content strategy from start to finish.  Inside the ClearVoice platform, businesses can:

• search for ideas in their idea lab by topic or keyword
• create a project and add it to an editorial calendar
• find and hire a content creator
• provide specific, detailed instructions
• review, request revisions, and approve
• measure results

These new platforms make it much easier to stay on top of projects when you have many influencers involved.  Whether you automate your activities or do them manually, it is essential to stay organized from start to finish.

Using Influencers for Promoting Your Content

Creating content is just the first step. Just as important is promoting it well. If you choose content creators who are also influencers, ask them how much promotion is included and whether they offer additional types of promotion.

Babbly is a new method of amplifying social sharing. Unlike previous tools that influencers use to share your content on one platform at a time, when they use Babbly they click one button and the content is sent to their attached Twitter, Facebook and LinkedIn accounts.

Increase your reach by spreading the word among your collaborators about any tools you use. This one is so easy to use it should grow quickly, and the more users they have the more visibility the content you share there can receive.

This post offers some tips to identify additional influencers to promote your brand. Once you make contact with an influencer, ask them who else they know who would be a good fit for your projects.

Influencer Marketing Tips

The more guidance you give your influencers, the most satisfied you will be with the results you achieve. Share your goals in advance. Are you primarily interested in visibility, in driving traffic back to your site, or in capturing leads?

Develop your landing pages and 1500 word evergreen pillar content first. The better your existing content, the more your influencers can do for you. Work with a content strategist to determine your direction and set a strategy before you bring any influencers on board.

Influencers are in more demand than ever – and they’re very busy. Many brands do such a poor job of reaching out to them that they either get ignored or get a reputation as a company to be avoided.

Remember that influencers talk to each other, so if you treat any one of them badly, word will spread and getting influencers on board for your projects will become much more difficult.

Lee Odden at TopRankBlog has compiled these 50 Ways to Fail at Influencer Marketing. Be sure to read that post so you know what to avoid. If you don’t take these seriously, you will end up having to hire an influencer to try to fix your reputation among influencers!

The post How to Find and Work With Influencers appeared first on Growmap.

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How to Find and Work With Influencers

Keep in touch with dividend stock: Cardinal Health, Inc. (CAH)

Cardinal Health, Inc. (NYSE:CAH) share price jumped at US$ 81.85 before falling back to end the trade at US$ 81.73 a share. The dividend stock is -5.28% off a 52-week high stock price of US$ 87.85 but is up 31.16% since hitting the US$ 62.7. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 19.66.

After a 0.8% rise from previous close of US$ 81.08, Cardinal Health, Inc. (CAH) has a US$ 25.63 Billion market cap. The company pays a US$ 0.45-cent-per-share quarterly dividend, giving it a 2.2% yield. That brings its full year payout to US$ 1.8 and 39.9% annual payout ratio based on EPS. According to FT, Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 12.99% and 19.52%, respectively. The positive trend in dividend payments is noteworthy since very few companies in the Biotechnology & Drugs industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.

The CAH has soared 13.56% year-to-date. The equity has gained steam in recent weeks, with shares up about 17.07% in the past three months. It added 1.63%, climbed 9.48% and jumped 0.85% in the week, one month and six months, respectively. Revenue growth rate was recorded at 3.4% and net income per share was seen moving at a 9.6% rate in the past five years.

Cardinal Health, Inc. (NYSE:CAH) is over -2% above analysts’ consensus price target of US$ 82. The stock has blown through analysts’ low price target of US$ 74, but is still below the high US$ 97 target. On a price appreciation basis over the past 12 months, the stock returned 1.78%.

Financial Times data shows, In 2016, Cardinal Health Inc reported a dividend of 1.55 USD, which represents a 12.99% increase over last year. The 10 analysts covering the company expect dividends of 1.79 USD for the upcoming fiscal year, an increase of 15.50%. The most recent short interest data show 3.56% of the company’s stock are short sold. It would take about 4.47 days to cover all short positions. In terms of volatility, it has a beta coefficient of 0.77 and technical analysis volatility indicator called Average True Range or ATR around 1.35.

Cardinal Health, Inc. (NYSE:CAH) closed 7.53% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 8.88% above another chart threshold, its 50-day moving average and 6.05% above its 20-day simple moving average.

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Keep in touch with dividend stock: Cardinal Health, Inc. (CAH)