| May 30, 2008 | News for the wholesale distribution industry |
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| News and Trends |  |  |
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- Distributors weigh the cost of imposing fuel surcharges
Only 17% of distributors have instituted a fuel surcharge for deliveries, according to a recent survey, even though nearly half said they had seen increases of up to 40% in their year-over-year expenses. A majority of respondents said they were simply absorbing the higher costs while a quarter said they would like to add a surcharge but fear losing business as a result. Modern Distribution Management
(5/28)
       
| Best Practices |  |  |
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- When it comes to layoffs, personality plays a big role
When times get tough and heads start to roll, employees wrongly assume the newest hires will be the first to go, but more often it comes down to a simple matter of who the boss likes and who he or she doesn't like. Managers may disguise the choice as a business decision, but it's actually a personal decision, one expert says. MSNBC
(5/21)
       
- Moving away from home? Consider leasing executive suite
When a home-based business is ready to move into rental space, executive suites can be an advantage because they come with amenities such as phone service and broadband connections. Suites usually have shorter-term leases, which gives a growing business more flexibility. Entrepreneur
(5/2008)
       
| Sales |  |  |
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- Two essential concepts can help sales soar
Two essential components in reviving struggling sales organizations are understanding the basic laws of businesses and charting a path to success. Among those basic laws are that costs and prices always decline and the rule that your competitive position determines your options. Selling Power (free registration)
(5/19)
       
| Small Business Manager |  |  |
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- Milwaukee business center provides ongoing education
The Small Business Development Center at the University of Wisconsin-Milwaukee offers development programs for entrepreneurs and small-business owners. "It's hard out there," says center director Tim Peterson. "There's a lot of bad economic news. If we can give people some skills, education and knowledge, it's going to help them to compete better." Milwaukee Journal Sentinel
(5/27)
       
| Executive Life |  |  |
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- Analysis: 401(k) plan holders retire later
Workers with 401(k) plans retire later than those with traditional pensions, according to an analysis of workers over age 50 by consulting firm Watson Wyatt. The booms and busts of markets can also make choosing a retirement date tricky for those in defined-contribution plans. "When the market booms, defined-contribution plan participants might retire just when companies need to add workers, and when there are market busts, defined-contribution plan participants might stay at work just when companies want to reduce the size of their work force," said Mark Warshawsky, director of retirement research at Watson Wyatt. U.S. News & World Report
(5/28)
       
| NAW Insider |  |  |
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Increase awareness, reduce costs and 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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Critical tool for financial success in tough times
In today's tough economic climate, it's vital that your employees understand the realities of how the finances of your business work. That's where the Official Guide to Wholesaler-Distributor Financial Success comes in. It's your complete employee training tool. It shows you how to transition employees at every level to financial management thinking. Buy multiple copies for everyone on your staff.        
| Weekly Poll |  |  |
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In which foreign market do you see the most growth potential in the near future?
After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
 | China, India and other Asian countries |
 | Central and South America |
 | Europe |
 | Other |
| SmartQuote |  | |
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