The first thing someone will want to know before they invest in your business: how does your company create value? Revenue enhancement, capital efficiency and margin improvement are all solid ways to do it, but which is best? You may be able to cut costs and make your processes more effective, but it all still boils down to reaping more revenue, says Tom Taylor, EY’s Private Equity Value Creation Advisory Leader. “Look for those … initiatives that add value to the customer, because that will in turn enhance your revenue, which will enhance your value to all your stakeholders,” he says.
Facebook founder and CEO Mark Zuckerberg is now the company’s lowest-paid employee, according to its latest proxy filing. Zuckerberg — worth $27.8 billion dollars mostly in Facebook stock — requested an annual wage of $1 dollar in 2013, joining the ranks of a handful of other very wealthy CEOs who take a symbolically negligible base pay. Google's Sergey Brin and Larry Page, worth roughly $30 billion a piece, have been drawing a $1 salary for a decade now.
Gold prices ended the U.S. day session lower and dropped to another seven-week low Tuesday. More chart-based selling was featured amid a lack of bullish fundamental news for the yellow metal. Also, the recent rally in the U.S. stock market that has pushed the major indexes back toward their recent all-time highs is again drawing money away from other asset classes, including the precious metals. June gold was last down $5.60 at $1,278.10 an ounce.
A business survey showed on Tuesday, global manufacturing growth lost momentum last month as new orders came in at a slower pace but factories increased staffing to meet the continued expansion. JPMorgan's Global Manufacturing Purchasing Managers' Index dipped to 52.4 in March from 53.2.