Category Archives: Money

Excess Logic to Reward $10,000 to One Who Finds the Apple 1 Lady

After 2 weeks of unsuccessful searches of the mysterious lady who tossed Apple 1 computer in Excess Logic’s recycling center in Milpitas and didn't leave any contact information, Excess Logic asks for help celebrities and everyone who wants to help. Excess Logic to reward $10,000 to one who buys the T-Shirt, take a selfie, post…
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10 Tips On Equipment Liquidation

If you have decided to get out of business and are not able to pass your business on, merge it with another business, or sell it as a going concern, liquidating the assets could be the most appropriate exit strategy. However, before you terminate your lease, sell a key piece of equipment, or disconnect your…
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Excess Logic on ABC7 News looking for a lady to reward $100,000

Excess Logic is looking to reward $100,000 to the owner of an Apple-1 computer. A Silicon Valley based surplus equipment liquidation and e-waste recycling company Excess Logic is looking for the anonymous lady who dropped off an Apple-1 computer to reward her $100,000. Here’s what happened: In April, an anonymous lady around 60-70 years of…
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EVER WONDERED WHY YOUR COMPANY WAS LOSING MONEY?

All businesses strive to make a profit, but not all of them succeed. Unmonitored (or mismanaged), your business can go from making money to losing it in the blink of an eye — and stay that way until you step in and fix it. But how does this happen? As it turns out, there are…
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Excess Logic on CNN Newsroom Live Report to reward $100,000

Excess Logic is looking to reward $100,000 to the owner of an Apple-1 computer A Silicon Valley based surplus equipment liquidation and recycling company; Excess Logic is looking for the anonymous lady who dropped off an Apple-1 computer to reward her $100,000.   Please Share This Video to help find the lady to reward her…
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Excess Logic on NBC to give $100,000 back to the owner of Apple 1 computer

A Silicon Valley based surplus equipment liquidation and recycling company; Excess Logic is looking for the mysterious lady who dropped off an Apple-1 computer to give her the $100,000 back. A month ago, an anonymous lady around 60-70 years of age came to Excess Logic’s recycling center in Milpitas, CA and dropped off a couple…
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See how much money you company loses by using outdated equipment

The world of IT is a fast moving business and one of the most difficult issues facing Technology Support Companies and Managed Service Companies (MSP) is getting clients to upgrade or replace aging IT equipment such as servers, firewalls, desktops and laptops. Very often clients get sticker shock, not only from the equipment and licensing…
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6 Unexplored Ways Your Business Loses Money

Cash flow is an important aspect of any business. And, it's particularly critical for a small business growing on a shoestring and a prayer. In the hectic day-to-day operation of a business, it's common to overlook the many holes in your small business through which your cash is leaking. Most small business entrepreneurs are familiar…
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16 firms worth billions despite losing money

Thanks to a new round of funding, the music app is now part of a growing list of technology companies that investors believe are worth at least $1 billion even though they're unprofitable. While making money may not be the most important factor for young companies, the lofty price tag placed on businesses stuck in…
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Maintenance Cost vs Asset Replacement Value RAV

Is your annual production plant maintenance cost running at more than 3% of your Replacement Asset Value (RAV)? When you get your maintenance costs down to 2% RAV you join the list of the world best maintenance practitioners. Bring your maintenance costs down to 1% RAV and you will be the world best maintenance practitioner.…
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How to Increase Profitability by Managing Surplus Assets

Abstract. With the current pressure on companies to maximize revenue, many purchasing professionals are being tasked with uncovering new areas of “savings”. Within many organizations, Surplus Assets is a commodity category that does not receive the attention it deserves. In many cases, the revenue generated from competitively selling assets can significantly affect a company’s bottom…
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Calculating Return On Investment For Equipment Purchases

ROI is also known as the payback period and is often expressed in a period of time, such as weeks, months or years. The calculation is based on how long it will take to earn back — in the savings generated — the cost of the investment required to purchase a piece of equipment. Normally,…
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4 Business Lessons from Operations Managers

The operations person is often overlooked as a source of business wisdom. She directs seemingly mundane duties, supervising hourly workers, walking the production floor, and making sure that orders are shipped on time. However, a good operations manager who understands the nuances of the position, is a particularly valuable asset to a business. I have…
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To Replace, or Not To Replace. Guide for The Equipment Replacement Decision

The parts replacement decision, to replace a piece of equipment should be based on facts and figures. The judgment which the owner-manager of a small company makes should be the result of weighing the costs of keeping the old equipment against the cost of its replacement. This parts replacement guide discusses the elements involved in…
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Two stories on the importance to be different

I’d like to share with you 2 stories which vividly illustrate the importance to be different. It works for employees, independent contractors and entrepreneurs. I wish after this article you would be able to find a differentiator and become even more successful. I hope all of you have eaten burrito. Read how to do data…
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10 Tips How to Reduce Labor Costs in Your Business

Salaries and wages are one of the largest costs of every company, and are often the most difficult to control. But changing compensation is touchy for those who are affected, so it is important to handle the changes with compassion, truth, and firmness. One way to do this is to identify your key employees and…
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DCR National Temp Wage Index

In November 2014, the latest figures from the U.S. Bureau of Labor Statistics (BLS) found that U.S hiring surged, adding a surprising 321,000 jobs, far exceeding analysts’ predictions, with the largest monthly increase since January 2012. Average hourly wages had their biggest gain in 17 months. The unemployment rate was unchanged from October at 5.8…
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Seven Ways to Run Your Business More Efficiently

At a time when gas prices are climbing steadily and everyone is a little worried about the economy, running your investigation or process serving business efficiently is a must. Efficiency does not mean a rigid schedule or work process; however, it does mean being savvy in order to make the most of your time, effort…
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10 Tips for Making Your Business More Efficient

To keep pace in an increasingly competitive world, your business needs to run as efficiently as possible. "Sooner or later, any company not operating efficiently will be out of business," says Laurie McCabe, vice president of small and medium business insights and solutions for research firm AMI-Partners. Efficiency is even more important for small and…
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Replacing obsolete hardware may be smarter than upgrading it

These days, we have several options available when it comes to dealing with obsolete computers--but we weren't always so lucky. An IT pro describes his experiences during the big upgrade boom of Y2K and discusses what he would have done differently. Back in 1999, everyone was scrambling to update computer hardware and software before the…
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6 Tips for Greater Workplace Efficiency

We all know the old saying that time is money. It’s true, especially in the world of manufacturing. The more time you waste, the more it costs to make your products and the less profit your business has to take home. Likewise, the better you get at working efficiently, the better your profits will be.…
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Elon Musk Had a Deal to Sell Tesla to Google in 2013

On the verge of bankruptcy, the company sought a savior in Larry Page. This story is excerpted and adapted from Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, due out May 19 from Ecco, an imprint of HarperCollins. On May 8, 2013, Tesla Motors shocked just about everyone by posting its first-ever…
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5 simple ways to save money in 5 minutes

When you're already trying to balance work and home, time for the checkbook may come last. But don't let procrastination take a bite out of your wallet. Stashing cash and cutting expenses are things that are often put off until tomorrow, but why wait to save money? Instead of taking five minutes to check Facebook…
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Novartis AG (NVS) Japan Ordered to Halt Business for 15 Days

TOKYO – Japan’s health ministry ordered the Japanese unit of Novartis AG (NVS) to halt sales and manufacturing of prescription drugs for 15 days for failing to report the side effects of some medications, Reuters reported Friday. The 15-day suspension, which will take place from March 5 to 19, was handed down for failing to…
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AT&T to Sell $2B Worth of Data Center Assets

AT&T wants to sell about $2 billion worth of data center assets as it looks for ways to pay down debt after making huge investments in spectrum and acquisitions, Reutersreported, citing three anonymous sources. No details about the planned AT&T data center sale have been made public. A company spokesperson declined to comment. Excess Logic continues…
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Why Hybrid Cloud Continues to Grow: A Look at Real Use-Cases

Cloud computing isn’t going anywhere. In fact, there are more cloud platforms, services and environments being developed each and every day. The evolution of the cloud has seen many organizations evolve from private to public and now hybrid cloud platforms. In reality, almost every cloud environment within a pubic cloud has some sort of connection…
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