| January 11, 2008 | News for the wholesale distribution industry |
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| News and Trends |  |  |
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- Southern Wine strengthens presence in Northeast
Miami-based distributor Southern Wine & Spirits of America has announced the creation of Southern Wine & Spirits of Delaware, a move that comes on the heels of its acquisition of Delaware Importers. "The Delaware acquisition solidifies our position as one of the major players in the Northeast corridor of the United States," President-CEO Wayne E. Chaplin said. The company also said it had purchased Columbus-based Postiy Wine & Spirits of Ohio, which is on top of its July purchase of Cleveland-based Paramount Wine & Spirits' Brokerage operations. American City Business Journals/South Florida
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| | Trying to figure out your 2008 hiring budget?
Take advantage of NAW SmartBrief job packs! Purchase multiple listings at a time at a cost savings to you. You can use your jobs anytime throughout the year. Reach out to more than 49,500 wholesale distribution industry professionals in the Who's Hiring section of this newsletter. Sign up and get started today! | |
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| Best Practices |  |  |
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- Keep company name simple, easy to remember
In striving to choose just the right moniker for your business, follow some basic guidelines: Pick a name that's memorable, easy to pronounce and spell, make sure it doesn't conjure up any negative imagery and double check that there are no existing trademarks on your selection. MarketingProfs (free registration)
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- Step back, assess career in the New Year
The beginning of a new year is a good time to give yourself a career audit and consider whether it's time to make a move. Some important questions to ask yourself include what things did you really enjoy in your job last year; what percentage of the job do those things represent; will the chance to do more of those things represent itself in the future; and is work a fun and enjoyable experience? American City Business Journals
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| Sales |  |  |
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- Ten talents that make salespeople successful
Finding the right salespeople can be a challenge, so expert Derek Gatehouse offers some strategies for overcoming the challenge in his book "The Perfect Salesforce." Gatehouse says he has identified 10 different selling talents that candidates should possess to pull off the job. Manage Smarter
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| Small Business Manager |  |  |
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- Ask IRS for extension if bill is too big
One way to keep capital available through the tax season is to break a tax bill up into installments rather than pay it all up front. An accountant or tax preparer may be able to negotiate an extension or installment plan with the IRS, but the taxpayer does have to pony up interest. Entrepreneur
(1/2008)
       
| Executive Life |  |  |
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- Overstressed workers seek out gadget-free getaways
Some overloaded executives are turning to travel companies that specialize in adventure vacations or remote destinations to escape the reach of the communications devices that connect them to work. Other travelers who want to stay in touch with the office even when on vacation are being introduced to little-known offerings, such as satellite phones or e-mail capabilities that function in even the most distant locales. MSNBC/Portfolio.com
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- Ten tech components for the ultimate digital living room
Tech-savvy homeowners looking for the latest and greatest offerings may want to invest in a bevy of new technologies destined for the home. Home servers, wireless projectors and smart TVs, which allow users to download content directly from the Web, are but a few of the products featured in this BBC News article. BBC
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| NAW Insider |  |  |
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Increase awareness ... reduce costs, downtime
In every wholesaler-distributor operation, materials of every shape, size and weight must be moved. Reduce costs and potential injuries by increasing the handling efficiency and safe operation of industrial vehicles. Learn more here.        
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Brand-new book: Profit Myths in Wholesale Distribution
This NAW Institute book has one overall goal -- to change the way distribution managers think about their businesses. Author Albert Bates says that both decision quality and decision consistency are influenced by some very bad information. He promises an eye-opening experience if you accept that much, if not most, of what you have been told about distribution finance issues is wrong.        
| Weekly Poll |  |  |
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Has your company experienced any issues with gray market piracy?
After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
 | Yes, but we are taking measures to prevent further issues. |
 | No, and we have been careful to avoid such issues. |
 | We have not yet, but we need a plan in place to prevent future incidents. |
 | I do not think gray market piracy applies to my business. |
| SmartQuote |  | |
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 | Learning from experience is a faculty almost never practiced."
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| | Recent NAW SmartBrief Issues:
- Thursday, January 10, 2008
- Wednesday, January 09, 2008
- Monday, January 07, 2008
- Friday, January 04, 2008
- Thursday, January 03, 2008
| | | Lead Editor: Ashley McMaster
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