Recent Trends in Friendly Environment Business

With the increasingly widespread awareness of protecting the environment and the earth, the more entrepreneurs who demonstrate a real effort in their business that supports the principles of sustainability (sustainability). It can be observed from the increasing trend of eco-friendly businesses in recent years in different parts of the world.

When you glance at the business opportunity such as this, and still do not quite understand gap opportunity that suits your interests and abilities, a list of trends derived from the report "State of Green Business 2013" by Joel Makower from Trucost below will help you.

-A lot of companies are doing calculations "natural capital" and take it into account in their financial decisions: Natural Resources in reference to environmental resources owned by company. Consideration of natural resources consumed by the company during the course of this business resulted in pollution of water and air and soil, extracting non-renewable resources, or trigger carbon emissions.

-Risk management has become crucial in continuity: Drought, floods, hurricanes and fires have caused problems in the company and their supply networks with increasingly higher frequencies.

-The financial statements accounted for in the data continuity: many and more investors want to see the environmental costs are included in the consolidated profit or loss.

- A lot of companies install machines that talk to each other: It may sound a bit strange and futuristic, but it does happen accretion engines can communicate with each other through an integrated sensor, measuring and making decisions. These machines allow its facilities to save energy by automatically turn themselves during periods of high demand and lower when demand declining.

-The big investors start to care: Now many and more investors are showing concern higher on aspects of environmental sustainability. They are increasingly aware of the importance of the company's actions in protecting the environment.

- A lot of enterprises begin to extend the already achieved the goal of sustainability: environmental sustainability experts are watching how companies are achieving their goal to make a new goal.

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Advantages and Disadvantages of Gold Investment

As we know, gold is one investment that is safe. Additionally, gold also serves as a protective asset inflation of scours. However, gold prices continue to move according to the market situation. Movement, which tends to rise making it one of the preferred gold investment community since the first.

One of the advantages of gold investment is a relatively stable value makes it very useful for long-term household expenses such as the cost of the pilgrimage or the education of children.

Investing in gold is also no need to have any skills, it just takes a small fee to rent a safe deposit box or stored in a safe place at home. Unlike other investments such as stocks, mutual funds, and others that require special attention.

In addition, more profitable gold because gold can be taken any action after being bought for some time, while having the U.S. dollar should be kept up to date.

Even so, gold also has its drawbacks. Lack of investment gold is a store of gold in large quantities relative risk for theft-prone. Besides, if you keep it in a bank deposit box save you will spend more money.

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How to Grow Your Small Business

If you have a small business or planning to build a business, of course we need a strategy to make your business success. Here are 5 important tips that you have the business can continue to grow:

1. Having a business plan
Failing to plan is same like planning to fail. Write down your company's main targets this year, consumers are being targeted marketing and cost to open your business and monthly operating costs of the business you run.
You need to understand and get a true vision of the daily operations of your company, whether you are operating with a loss or profit and whether your cash flow positive.

2. Promotion through online media
The business world today is very dependent on the internet. All that customers need can be obtained only by seen from pc and mobile. As a business owner, you want to make sure you have a marketing company via a powerful online media.
Make your website attractive to meet the needs of your target market and make sure you have a marketing strategy via social media aggressively. Start by creating your Facebook account to introduce your company so that your customers can monitor it and pass it on to your friends and colleagues.
Make a video presentation that can be posted on YouTube, Twitter and Instagram account is also something you must-have. You can submit events to be held or introduce new products that you sell.
You can invite your followers to use your product, give gifts or discounts to attract their interest.

3. Accept credit card payments transactions
Small business size sometimes tend to avoid accepting payment by credit card. But the reality that a credit card has become a primary means of payment. By accepting credit cards you will not only be able to satisfy your customers but is your opportunities to get more customers

4. Advertise
The idea behind the ad was to create a strong brand and is easily recognizable. Having a known brand is very important for small businesses. So develop advertising strategies in newspapers and websites.
If there is an opportunity to get a promotion in public, take a chance. Design an attractive business card with your company logo and tagline that can be disseminated to the people you meet. Effective advertising will help you get more customers and quickly grow your business.

5. Keeping financial records
Make sure you have a system to keep track of your finances. By having a proper financial records so you can save a lot of time and energy.

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Why Strategy Very important for Your Small Business

A good strategy can make differentiate your new business from other businesses. The strategy also gives your customers a good reason to choose the trading or other business activities with you.

Good strategy should be developed after consideration of market, customer needs, competition occurs, and the relative advantages of your business, and do not forget, your business has weaknesses.

While the advantages of larger competitors and established may look very intimidating for new business (such as sources of funding with large customer base that has been evenly distributed), any new company also has its own strengths (unfortunately many small business owners are less aware of this and focused on their weaknesses, especially in terms of capital). Such excess is greater flexibility and knowledge about how the company that has been established to put themselves in the market.

The trick is to learn how the giant competitors conduct business, then know what the weaknesses of your business can do. Handed the business skills that are not owned by the large company to its customers, then your business will have its own advantages than others. For example, if you know the business customer X are bored with the monotony of a product design, then you can set a strategy to provide product design more cheerful, colorful, or can be customized as you wish and customer tastes.

Many small businesses try to versatile, self-contained, and so just to attract the number of customers as much as possible. This is referred to as having no strategy at all! Even if you are able to do other tasks well. It would be very difficult for you to succeed in business without a proper strategy and specific.

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10 How to Attract Ideal Consumers Through Social Networking

If you already have a social networking account and gain followers and fans, but still no tmake your brand famous/known by many people and your sales do not go up too, it's time to try a number of 10 tricks that you want customers to come.

1. Don't make too much promotion: No one can make people resentful than a company that just sending promotional or sales material continuously. Social network advertising media is not outspoken like that. Be social to establish communication with the first segment of potential customers that you are aiming. They wanted a brand that can be invited to interact like humans instead of robots.

2. Give incentives: Do not make the mistake of making the same message in the same social network. Offers specific to each social networking and promotion of different, followers and fans you will encourage more people to find you.

3. Make it easier for them to find you: Make sure your name is the name of a social networking company and easy to find. On site and blog as well as email, include a link / link clear so people can visit your social networking account.

4. Do a little research: Do not be afraid to use email lists of consumers when they want to create your account. The majority of the platform have the option?? Add your Friend?? which will find any user on your email contact list. Another option is to use a program like Flowtown or RapLeaf.

5. Take a picture: If you're curious why Instagram and Pinterest so popular, here's why. Image is very interesting and contains a lot of meaning. People prefer pictures than text so feel free to share photos of your company, your latest product and other topics.

6. Look: Take the initiative and look for this ideal consumer. Use the search option social networks such as Twitter.com / search to find keywords and tagar (hashtag) that have relevance to your company.

7. Create a contest: Who does not like to race? Many people love contests like this to make followers feel more active and involved in the company by a competitor.

8. Be more personal: Create a conversation and answer the questions given follower. Banya companies that interact only in one direction. Time for you to be different with the two-way interaction. Ask their opinions and ask to communicate more closely.

9. Being a trendsetter: Occasionally make yourself a trendsetter by using your influence to followers / fans. It would be very easy if you are in the field of beauty and fashion. Share photos and tips for followers.

10. Appreciate the input: Show potential customers that you care by always responding to their input and consider the opinions presented. Without good customer base and solid, you will not advance. If you find the same input continuously, it is time to evaluate themselves.

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Destiny

Right click the script, select all, copy, & paste it in your website or comment.

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The Starbucks Ways

Coffee may have the same taste, but enjoyed the atmosphere will provide a different experience. Therefore, The Starbucks ways, not quite describe the taste of coffee, but also a description of the service does.

Joseph A. Michelli, author of "The Starbucks Experience" had no idea about this. "They (Starbucks) helps us understand the benefits if a company considers human relations as a priority," he said. As a result, Starbucks culture spread throughout the world and there are outlets everywhere. The key is to provide wise and it carried the lance interpreter, that the baristas at all stores. These advantages Starbuck that you should emulate for your business:

Friendly
At The Starbucks ways ,  Friendly is the ultimate way to give a warm impression on customers. Among the forms of hospitality that is the baristas greet someone by name and remember from visit to visit. "I always try to do the best possible job. One way is to remember names and drinks of people and their dogs names and where their child's school and all the things that I can know of them," said a barista.

Sincere
The story of Angela barista example. There once was a woman entered with a face frantically to Starbucks where she worked. Then order a coffee. She was like she was crying. Angela tried to talk to him, while offering the best choice of a cup of coffee. Turns out she was in trouble. When the coffee came, Angela says that coffee is free today for him. "He was thrilled. He went and we did not think much about it because we were happy to have made him happy," said Angela.

Some time later she sends flowers to the booth and thanked him for now the problem is over. After that she became a regular customer of Starbucks.


Attention
Attention is not only aimed at the customers but the "others". Anyone else here means customers, potential customers, critics, partners, shareholders, managers, support staff, farmers, those who harvest the coffee, vending, and even the environment. For the outlet level, the partners are always looking for ways to pay attention to the local environment and issues surrounding social and participate in it.

Insightful
In the information age, any job, adding value to the hard work happens when we gain insights pertaining to the job. When we have more information, we are in the business of value, confidence, and a real influence on others we are also increasing. The higher an employee knowledge of a product, the greater the impact he can make in the life of a customer.

Care
Care means to participate actively in the stores, the company, and in the community. In a fast paced world like today, businesses do not have a bright future if employees act cool by doing just enough. Successful business is growing rapidly as a result of the sweat and tears of our colleagues who understand how to embrace the opportunities quickly.

Some people view the company as an island of its own, apart from the community and society as a whole. Starbucks understands that a company, big or how small, could be an asset to the community it serves. That's where the need for care.

By having such a  social concept, The Starbucks ways can quickly spread everywhere.

Related articles

• Is Starbucks Still a Growth Company? (fool.com)
• Starbucks CEO: 'We Will Do for Tea What We Did for Coffee' (blogs.wsj.com)
• Social Business More Lasting than Charitable Organizations (businessuck.com)

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Are You Ready to Become Powerful Businessman?

Do you want to become an entrepreneur . But are you ready to compete? Jennifer Kushell, entrepreneur and author of the book Secrets of the Young and Successful, share 5 tips to make your business to survive and  to grow.

1. Love your businesses 
Whatever kind of your business , first you have to love it and believe that you have passion in the product or service of your business. For example, to open a restaurant business, you should know what  person who likes this food  and find a recipe for make more flavor food.

2. Make a test product
It seems trivial, but not a few entrepreneurs who didn't make a test market. For example, if you want to make cookies business, try to distribute free samples to people around you so you can get feedback as well find out if your product is worth to sell.

3. Ask for help
Do not hesitate to ask for make people to buy your products, such as deposit items at the fair. Remember that the promotion and success of the business from very closely related.

4. Prepare reserve fund
Not all direct business to be profitable. For example, the spa business takes 3-4 years before the break event point (return on investment). Therefore prepare a reserve fund.

5. Choose a good location
An accessible location and convenient still be considered a lot of people to come to your place. Because of it's location is one of the factors that are important in a business.

Related articles

• It's Never Too Late to Become an Entrepreneur (hiscoxusa.com)
• Making the Shift: Developing the Entrepreneur Mindset by Darren Hardy (lugenfamilyoffice.com)
• Entrepreneur Must Dare to be different (businessuck.com)

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Behind a Great Man, There Is a Great Woman

David Dinkins, the former mayor of New York in the 1990s was the only black man ever get mayoralty before. In a speech, he tells an interesting experience. At that time, Dinkins was driving with his wife. When they were looking at the city, he suddenly saw a man who was working construction worker. Dinkins remembered that the man was ex-boyfriend of his wife. Dinkins then teased his wife, "You must be proud because now you're in a luxury car with a husband who is a mayor, not with a man who worked as a construction worker on the side of the road." Then Dinkins wife said, "Hmm .. I guess if I was married to him, then he would be in the car with me, not you."

Proverb says. "Behind a great man, there is a great woman." This might sound weird, because today's success is not only belong to men alone. But, the point of proverb it was true. Not a problem man or woman, but that behind the success of a person, is due to the participation of the people around him, and especially the role of God, should not be ignored. As illustrated above, sometimes we are stuck like David Dinkins. We think the success is due to our ability alone. Then, we become dehumanize people.

Still remember and respect the people around you. And most importantly never forget the role of the God. Both should never be forgotten

Related articles

• Three Instant Steps To Success in your business (businessuck.com)
• Social Business More Lasting than Charitable Organizations (businessuck.com)
• On This Day In 1989, Two African-American Firsts In Politics (rememberinghistory.wordpress.com)

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How to Get a Good Business Idea

Business ideas can come from anywhere. By looking at the circumstances, you can find ideas business to run. From many business ideas you get, not all ideas are viable. There is a selection process that you must do in order to get ideal business. To get an idea of ideal business, consider the three tips below:

1.Start from the city where you live
Start with your city, take a look at What is the business currently running and what is not running the business. You can take that rarely business opportunity (niche) market and so there is a greater chance of success.

2.Look around you
This is one simple way. Do not look for anything complicated in the business. When you leave the house, look at the business opportunities that exist. If these opportunities gives you the ease of doing business, then do it and learn the business activities. If you open a similar business, then keep in mind is do differentiation for your business to be unique in the eyes of consumers.

3.Develop your hobby
Take appropriate business expertise. You can do what you like and make a business out of your hobby. Then change your hobby into a profitable business. For example, you liked the automotive world, then you can open a business workshop or vehicle modifications.

Related articles

• How Hobbies Can Improve Your Business and Your Life (bizfilings.com)
• 704 Business Opportunities (news.terra.com)

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Starting a Business For Achieving Your Dreams

Everyone must have a dream or goal, but what does it mean if the dream or goal is not accompanied by action to attain. Start today step by step to achieve your goals. Why don't you try to do this today?. Because success begins with the first step and today is the most appropriate time to start. Of all days, nothing is more appropriate than today.

When the right time to start a business?

Many people think if you want to start a new business, must have a perfect plan before starting the new business. Indeed, in every business needs a plan, but don't wait for perfect plan, because it might be perfect if you don't start first. Because perfection is formed from the time of the process that you have done. How perfect would, if it has not started yet?

Depart from makeshift plans beforehand, while stepping over a process, one part after another to fix the problem, then your dreams and your aspirations will be realized. There is no dream or goal that can be achieved with instantly or overnight.

To perform the first step is not as difficult as you might think. Everything is in the reach of all of you. So what are you waiting to start your business?. The important thing is you must starting a business right now, because  your best day is today. And why not start tomorrow?, Because tomorrow is not necessarily exist.

So don't waste your time to get perfect planning to completion first, start today. Dare you to take the first step and enjoy every process. Success for you.

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The Importance of Join the Business Community

One of the advantages of joining the business community to encourage the progress of the business, has a lot of relationships and gain information about new business opportunities. With the goal of to multiply the profit entrepreneurship.

If you currently have not joined the business community, now it's time to start joining one of the business community around you.

One benefit of the business community is able to expand business networks. If you are an entrepreneur must have the opportunity to knew other business relationships. Introduction with another business will enrich your business. On each occasion the meeting, there will be a new information obtained in promoting your business trip.

Exchange of information within the community there is a regular thing. Moreover, if the relationship between members of the community is getting closer, it is possible get a lot of business information that you do not get.

Just imagine, if you are a great business relationship, the more information is also important that you can get easily and for free.

Another benefit of the business community in which the relationship will become more intimate relationship and create a spirit of helping each other. If you have your own business, it definitely has twists a very complicated business trip, at that time, the business community will help solve business problems that you live.

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Three Instant Steps To Success in your business

The main topics in the business is about money, which for many people is one of the parameters of the happiness and tranquility of life. There are three ways to earn lots of money in a very short time. First, win the lottery. Second, it can be inherited from parents and third, marry a rich man.

This three instant way is very short, but if we see there is one factor major  that makes these is rather difficult to be realized. It is the control factor. If you don't have control when receiving an inheritance or winning the lottery and marrying a rich man that was definitely heavy competition, all of this need a very large fortune.

There should be an effective if you have control. And that you can have if you start a business. This method is even more effective than save money in the bank and entrust your money to a fund manager.


There are two mentality factors in the working world . You work for someone else or you introduce others, the business you work for someone else or you have your own business.

People working for someone else was not bad. There are so many good reasons to become employees for another person, such as, working as an employer make you learn how to recognize a business running, so you can open your own business. In other words, you work for someone else while you learn and get paid for your education.


Many successful people who came from the bottom for learning business from others. Well, get to experience anything like it so much nicer. So, now we are assuming that you've made ​​the decision to start a business. You have learned from the experience person who have good experience in the business world.

Therefore, if you have aspirations to be a businessman, and Reach pursue that goal. So, you will be a great entrepreneur.

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Promote Your Business Without 'Promotion'

Explaining why someone should ask your cooperation in business activities or introduce you to a friend who was in need a partner or investor, may feel less comfortable. You have to sell yourself but you do not want to impress or sound like an annoying salesman.

Rather than detailing your strengths, tell a story that includes the following:
1. Situation: Describe the problem or situation that you, the business sector, or the company you're dealing with.
2. Occupation: Pour in the framework of an outline of what you're responsible for solving the problem.
3. Achievement: Explain what you are doing to meet these responsibilities.
4. Results: What happens as a result of your achievements? Is the income increase? Are customers more satisfied? Use specific examples to generate interest your audience.

(Excerpted from "Guide to Getting a Job")

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Entrepreneur Must Dare to be different

If you are someone who always wants to know, and then be able to see an event and make an experience to be an opportunity, have courage, and creative thinking. Then, be prepared to be an entrepreneur.

Many examples can give us an idea, nothing is impossible for an entrepreneur.Take out all the ideas. Don't be afraid belittled or humiliated people.Your idea may be will make the admiration of people to you. Once you start to gain success, many people will respect you. 

If you dare to be different from others, it means you have an entrepreneurial spirit. The successful entrepreneur is like patience and calmness an acrobatic actor to achieve their goals. He does not spend time with feelings of worry, but he has a concentration focused on the goal. No less important, do not be ashamed of the mistakes that we make. An entrepreneur does not like mistakes, but he'll take it as long as it can provide valuable experience and lessons.

An entrepreneur is also able to escape from situations that almost impossible to overcome. In  global era today, the business activities carried on almost 90% of it was not accordance with the plans.

Therefore, flexible attitude and wise entrepreneur should be owned. Prepared from one plan to another plan. An entrepreneur can not be easily discouraged, he must believe in creativity. There is always a new way to solve a problem for an entrepreneur.so, are you ready to become an entrepreneur?

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Social Business More Lasting than Charitable Organizations

Social businesses have the advantage of more lasting than charity-based organizations in the fight against poverty and community empowerment.

"In organizations (social)-based charity, you need fresh funds to carry out social activities again. Whereas in social business, new funds were not needed because the business will continue to run on its own," said the founder of Grameen Bank, Muhammad Yunus, after the public lecture "the Role of Social Entrepreneurship in the Context of Poverty Alleviation "in Jakarta city, last week.

The winner of Nobel Peace Prize in 2006 said that the founder of social business is not taking advantage of the company because the company's profits are used to empower the poor such as micro-loans for business capital.

"If it (social business) does not develop, it will run itself because it is a profitable business. Owners Interest to solve the problem," said Yunus.

Another difference of social business process rather than a mechanism of social responsibility of the company is located at the design and the main purpose of the community empowerment activities.

"In a conventional business processes, you will be asked how much money the CEO can be made?" Muhammad Yunus said.

Meanwhile, Yunus continued, "You would not ask the CEO gains in social business, but will ask how the problem can be solved this year? Like the cure of children from malnutrition."

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Hangover Helpers, Turn Trash Into Cash

Business ideas can come from anywhere. As what was done by Marc Simons. A mess after the party turned into a business idea. Be advised, when held a party, everyone is happy. Lots of food, drink fresh, frenetic music. Finish the party, the host see stacked dirty dishes and glasses, not to mention the other garbage scattered about. the idea of ​​turning trash into cash is very unique. Marc Simons so cleverly taking advantage of opportunities.

Marc was founded Hangover Helpers providing cleaning services home after a party. Marc started a business cleaning house after a party about a year ago.

The first motivation Marc just want to earn extra money. Until he realized had found a nice business opportunities in the ailing economy. Then, he partnered with his high school friend, Alex Vere-Nicoll. Clean-up company that has been getting a lot of customers and crowded booked. Creativity does bring in money.

Now, the company "Hangover Helpers" had been getting a lot of customers and crowded booked. Creativity is proven brings money. including turn trash into cash is a brilliant idea from Marc Simons. so what is your brilliant idea?


Illustration image source from new york times.

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FRANKENSTORM Disaster in The Haloween Day

Sandy Hurricane or called frankenstorm makes severe disaster in the halloween month. This is the worst disaster that ever hit America at halloween day. This disaster made ​​a lot of losses for America and leaving damage. Estimated, property and economic losses caused by this disaster reached billions of dollars.

Reported by the Telegraph, Tuesday, October 30, 2012, economists estimate property losses in several states hit by Sandy reached U.S. $ 15 billion. This figure does not include losses due to business stopped because employees can not go to work.

"What I worry about is the disruption to the business sector," said Mark Vitner, economist at Wells Fargo financial services company. Vitner estimates the economic losses from the storm has reached more than U.S. $ 7 billion.


"What I worry about is the disruption to the business sector," said Mark Vitner, economist at Wells Fargo financial services company. Vitner estimates the economic losses from the storm has reached more than U.S. $ 7 billion.

Sandy Hurricane also damaged oil refineries in the U.S. east coast and make Wall Street paralyzed. New York Stock Exchange and Nasdaq closed during the storm that hit the city. This is the first time the weather halted stock trading since 1996, when 20 inches of snow blanketed New York.


A total of 10 states declared disaster emergency status. As a result, income stagnant economy. chief economist at Moody's Analytics, said that gross domestic product in New York and Washington reached U.S. $ 2.5 trillion. So, if one day paralyzed the economy, would be detrimental to the city of $ 10 billion.

Peter Morici of the University of Maryland also estimated, Sandy Hurricane would hurt America between U.S. $ 35 billion to U.S. $ 45 billion. The U.S. will spend more, about U.S. $ 36 billion in the current post-disaster recovery efforts.

So far, the U.S. perceived catastrophic losses when Hurricane Katrina struck in August 2005, that is more than U.S. $ 100 billion. Hurricane Katrina, which killed 1833 people are the worst in 77 years.


This is a video of the Sandy hurricane  from fox news




Source image from Reuters/Lucas Jackson

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Hurricane Sandy makes U.S. Stock Close

Sandy storm makes stock market close in the U.S. market on Tuesday, October 30, 2012. This is the second day. But market players on Wall Street seeking to open trade at the end of this month, Wednesday, October 31.

As quoted by Reuters, the stock market was closed on Monday due to bad weather for the first time after 27 years. The bond market closed early in the afternoon, the wind and waves from Hurricane Sandy hit the Eastern Seaboard.

Officials two largest stock exchange operator in the U.S., NYSE Euronext (NYX) and Nasdaq OMX Group (NDAQ), said they intend to re-open trade on Wednesday if conditions better. The bond market will be closed again on Tuesday.


Wednesday is an important trading day, as it marks the end of the month, when the price of market participants to manage their portfolios. But New York City is still feeling the effects of the storm on Monday night, so that concerns remain haunted, because storms can cause damage and possible power outages.

Concerns that will test the ability of the market to re-open trade on Wednesday. In addition, the mass transit systems in New York, which is mostly used employees to go to work, nor does it operate. Not yet known when the service will be back to normal.

Far-reaching effects of the closure of the stock market, according to analysts, will result in the loss of tens of millions of dollars in potential revenue from banking and stock trading services.

In fact, some companies suspend quarterly earnings for the period. Several bank branches were closed in the Northeast, while some of them promising to release certain costs in areas threatened by Sandy hurricanes.

Eqecat, a company that measures exposure to catastrophe risks, estimate the impact of the storm could cause insured losses of U.S. $ 5-10 billion. Meanwhile, the economic losses predicted U.S. $ 10-20 billion.

Closing stock trading also threatened the postponement of planned initial public offering (initial public offering / IPO) at least six companies. Meanwhile, Facebook Inc. employees are prohibited from selling shares in the company's social media site, as "locked" in the trade ended.

"If you are out of the market over the past two days, you really start to make some serious financial pressure," said Jim Paulsen, from Wells Capital


image source: bloomberg by Kena Betancourt/EFE/Zuma Press

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Sandy Storm Losses Reach U.S. $ 20 billion

"images from bloomberg"

Institutions for disaster risk assessors from the United States, Eqecat Inc., estimated economic losses due to hurricanes Sandy reached U.S. $ 20 billion. Estimated would make greater losses if there's a disaster or flood subsequent landslides.

In a statement to CNN, Vice President Eqecat, Tom Larsen, said that insurance losses caused by the disaster reached U.S. $ 5 billion to U.S. $ 10 billion. According to him, the estimates based on damage on residential property (residential), commercial property (office and place of business), the production of energy.


"In addition, there are a lot of losing business due to sandy storm," he said, Tuesday, October 30, 2012.

Data from Eqecat indicate that losses caused by  Sandy storms greater than the economic impact of Irene Hurricane  in 2011, which reached U.S. $ 4.3 billion. However, this number less substantial when compared with  Katrina hurricanes that makes insurance losses at U.S. $ 45 billion in 2005. Besides ingesting considerable material losses, the storm also caused 1,800 people died.

Before Eqecat issued this forecast, the analysts at the Wall Street estimate losses due to storm Sandy reached U.S. $ 5 billion. According to them, the loss figures could still be tackled by the employer and insurer.

Analysts at Janney Montgomery Scott LLC, Larry Greenberg, said that the losses due to the Sandy storm could swell mainly because the threat of floods and tides. The water level in coastal areas could be increased significantly if a storm comes on the full moon.

Hurricane Sandy also called Frankenstorm predicted to strike states in the Mid-Atlantic to New England. In the website of the National Oceanic and Atmospheric Administration said that this storm was the biggest storm ever attack the United States.

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