Monday, March 9, 2015

Doing Business in Turkey & Turkish Business Culture.

Turkish Flag
In Today’s World, I believe that there are no borders anymore. Globalization rules the World with the help of Internet and It greatly affects every part of our life. Maybe 30 years ago, when people decided to buy something, they do not have so much options or they can’t compare prices, features etc. But now, we can just go to internet and check other options and compare prices & features of goods. And this can directly affects business also.

Saturday, December 20, 2014

Credit Acceptance Corp. Stock Analysis

Credit Acceptance Corporation is a finance company and helps car dealers to sell their cars to the consumers on credit. What makes CAC different from others? CAC doesn't care about your credit history or grade. Risky business but extremely profitable.

Why I choose this company; Because I strongly believe that in 2015, CAC will become better and perform better. CAC is in the middle of it's 52-week Performance. Highest Price was $168 and Lowest Price was $110. CAC's currently stock price is $138 but I believe that It will show better results in 2015.

Sunday, December 14, 2014

The World's Richest People By Region Part 2

the world's richest people by region
In First Part of The World's Richest Person by Region article, I wrote about North America's Richest Person (Bill Gates), Europe's Richest Person (Amencio Ortega) and Asia's Richest Person (Li Ka-Shing) But, after I published the article and It reached thousands visitors, Asia's Richest Person changed from Li Ka-Shing to Jack Ma. Business world changes so quick but I was prepared, I already wrote about Jack Ma and Alibaba.

Anyway, as I promised, in the second part we will look at the different regions such as Africa, Oceania and my favorite Middle-East. So, let's begin;

Saturday, December 13, 2014

Which Language Should You Learn For Business?

World Business Languages
World becomes smaller and connection becomes bigger. Business is absolutely limitless. Today's business people doesn't aim only their home country anymore, they aim the world market. They are right, because World is a real business market. Local companies with local plans have no power and no future.

In the past, we could say that `Countries are different, People's taste is different etc.` But, today, with the help of globalization everyone's taste become the same. In Paris, people wear the same shoes with the people in Dubai or Tokyo.

Saturday, December 6, 2014

The World's Richest Person by Region Part 1

Have you ever wondered who is the richest person in your region?  How old is he/she? What is his business? What difficulties did they face? If yes, this article is for you.

In Part 1, I'm going to write about the richest people in North America, Europe and Asia.

I always impressed with the self-made businesses and luckily, all business men that I will write about in this article, started their businesses from zero.

Personally, I believe that we can learn from them and they can motivate us. Moreover, they are already at the top which makes them the best example for the start-ups and beginner entrepreneurs.

Thursday, December 4, 2014

Economics and Islam; Interest Rate and Zekat

Economics is the study of human behavior. Why? Because we can use and see economics in the every aspect of our life. From small grocery store to big shopping mall, from one house-wife to CEO we can see that. But Is it only for concrete things? I don't think so. Economics are in the religions, beliefs, traditions. In this short article, I'm going to explain the two basics of Islamic economy which are prohibition of Interest Rate and Zekat (alms giving).

Wednesday, December 3, 2014

How Low Interest Rate Affect the Economy?

Lower or Higher interest rates can affect the economy greatly. In some economies, (specially in Europe) We can see that interest rates are quite lower than rest of the world. What is the reason for that? In this short article, I will try to show you the potential benefits of low interest rate to economy.

Who determines interest rate? Interest rates are generally determined by the central banks except some countries. Interest rate can help monetary authorities to organize money supply.