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	<title>Comments for Sage on the Web</title>
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	<link>http://www.sageontheweb.co.uk</link>
	<description>An insider&#039;s perspective on doing business in difficult times</description>
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		<title>Comment on About Isosceles Finance by The Part time FD - When Half is Better Than a Whole! &#124; Isosceles</title>
		<link>http://www.sageontheweb.co.uk/about-isosceles-finance/#comment-1082</link>
		<dc:creator>The Part time FD - When Half is Better Than a Whole! &#124; Isosceles</dc:creator>
		<pubDate>Thu, 08 Dec 2011 08:35:29 +0000</pubDate>
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		<description>[...] Mike O’Connell, CEO, Isosceles Finance [...]</description>
		<content:encoded><![CDATA[<p>[...] Mike O’Connell, CEO, Isosceles Finance [...]</p>
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		<title>Comment on About me by The Part time FD - When Half is Better Than a Whole! &#124; Isosceles</title>
		<link>http://www.sageontheweb.co.uk/about/#comment-1078</link>
		<dc:creator>The Part time FD - When Half is Better Than a Whole! &#124; Isosceles</dc:creator>
		<pubDate>Tue, 06 Dec 2011 12:33:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.sageontheweb.co.uk/?page_id=2#comment-1078</guid>
		<description>[...] Mike O’Connell, CEO, Isosceles Finance [...]</description>
		<content:encoded><![CDATA[<p>[...] Mike O’Connell, CEO, Isosceles Finance [...]</p>
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		<title>Comment on Don&#8217;t fall foul of the Bribery Act by Rayann</title>
		<link>http://www.sageontheweb.co.uk/2011/06/15/dont-fall-foul-of-the-bribery-act/#comment-1006</link>
		<dc:creator>Rayann</dc:creator>
		<pubDate>Sun, 02 Oct 2011 17:22:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.sageontheweb.co.uk/?p=396#comment-1006</guid>
		<description>What I find so interesting is you could never find this aywhnere else.</description>
		<content:encoded><![CDATA[<p>What I find so interesting is you could never find this aywhnere else.</p>
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		<title>Comment on Would now be a good time to collaborate? by Business Plan &#8211; 10 Things to Include in Plan B</title>
		<link>http://www.sageontheweb.co.uk/2009/09/08/good-time-to-collaborate/#comment-1000</link>
		<dc:creator>Business Plan &#8211; 10 Things to Include in Plan B</dc:creator>
		<pubDate>Thu, 29 Sep 2011 20:01:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.sageontheweb.co.uk/?p=47#comment-1000</guid>
		<description>[...] Now might be a great time to collaborate.Â  It will take a brave management team to actively look for out potentially competitor [...]</description>
		<content:encoded><![CDATA[<p>[...] Now might be a great time to collaborate.Â  It will take a brave management team to actively look for out potentially competitor [...]</p>
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		<title>Comment on Abolishment of the DRA (default retirement age) so what? by IRA RMD</title>
		<link>http://www.sageontheweb.co.uk/2011/07/14/abolishment-of-the-dra-default-retirement-age-so-what/#comment-850</link>
		<dc:creator>IRA RMD</dc:creator>
		<pubDate>Thu, 28 Jul 2011 01:39:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.sageontheweb.co.uk/?p=382#comment-850</guid>
		<description>The Government has confirmed the abolition of the Default Retirement Age with effect from 6th April 2011 and being totally implemented by 1st October 2011. Transitional arrangements will be in place from 6 April 2011 to cover employees who will have already been issued with notifications of retirement under the statutory retirement procedure but no new notifications can be issued after 5th April 2011.</description>
		<content:encoded><![CDATA[<p>The Government has confirmed the abolition of the Default Retirement Age with effect from 6th April 2011 and being totally implemented by 1st October 2011. Transitional arrangements will be in place from 6 April 2011 to cover employees who will have already been issued with notifications of retirement under the statutory retirement procedure but no new notifications can be issued after 5th April 2011.</p>
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		<title>Comment on Spare a Thought for Sue by Sokura</title>
		<link>http://www.sageontheweb.co.uk/2010/04/29/spare-a-thought-for-sue/#comment-523</link>
		<dc:creator>Sokura</dc:creator>
		<pubDate>Tue, 29 Mar 2011 14:12:45 +0000</pubDate>
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		<description>I  genuinely  value  your work , Great post.</description>
		<content:encoded><![CDATA[<p>I  genuinely  value  your work , Great post.</p>
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		<title>Comment on The Big &#8220;VAT&#8221; Reveal. by Mike O&#39;Connell</title>
		<link>http://www.sageontheweb.co.uk/2011/01/27/the-big-vat-reveal/#comment-509</link>
		<dc:creator>Mike O&#39;Connell</dc:creator>
		<pubDate>Tue, 01 Mar 2011 13:17:19 +0000</pubDate>
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		<description>Interesting point, I have to agree that whilst the VAT reduction did little to fuel extra economic activity (in my opinion) an increase and effectively a 5% swing from the reduced rate to the increased rate could have a massive dampening effect - as you say a tipping point in some industries.

Inflation is a problem we haven&#039;t faced for a long time and I&#039;m not sure we know how to deal with it right now - just look at the split of opinion in the bank&#039;s monetary policy committee.

Just going through budgeting exercises with a number of clients right now and there is more pressure on salary costs than there has been for 4 or 5 years.  Just working with clients on trying to tie any increases to performance rather than just an immediate increase in salary to react to inflation rates.


Regards,

Mike</description>
		<content:encoded><![CDATA[<p>Interesting point, I have to agree that whilst the VAT reduction did little to fuel extra economic activity (in my opinion) an increase and effectively a 5% swing from the reduced rate to the increased rate could have a massive dampening effect &#8211; as you say a tipping point in some industries.</p>
<p>Inflation is a problem we haven&#8217;t faced for a long time and I&#8217;m not sure we know how to deal with it right now &#8211; just look at the split of opinion in the bank&#8217;s monetary policy committee.</p>
<p>Just going through budgeting exercises with a number of clients right now and there is more pressure on salary costs than there has been for 4 or 5 years.  Just working with clients on trying to tie any increases to performance rather than just an immediate increase in salary to react to inflation rates.</p>
<p>Regards,</p>
<p>Mike</p>
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		<title>Comment on Would now be a good time to collaborate? by Business Plan &#8211; 10 Things to Include in Plan B</title>
		<link>http://www.sageontheweb.co.uk/2009/09/08/good-time-to-collaborate/#comment-506</link>
		<dc:creator>Business Plan &#8211; 10 Things to Include in Plan B</dc:creator>
		<pubDate>Thu, 24 Feb 2011 11:27:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.sageontheweb.co.uk/?p=47#comment-506</guid>
		<description>[...] need a fat development department  with a mature product?  Do I need a full time FD when a Now may be a good time to collaborate.  It takes a brave management team to actively seek out potentially competitor companies and [...]</description>
		<content:encoded><![CDATA[<p>[...] need a fat development department  with a mature product?  Do I need a full time FD when a Now may be a good time to collaborate.  It takes a brave management team to actively seek out potentially competitor companies and [...]</p>
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		<title>Comment on The Big &#8220;VAT&#8221; Reveal. by S N</title>
		<link>http://www.sageontheweb.co.uk/2011/01/27/the-big-vat-reveal/#comment-505</link>
		<dc:creator>S N</dc:creator>
		<pubDate>Wed, 23 Feb 2011 15:05:28 +0000</pubDate>
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		<description>Hi Mike,

Maybe there is another force at play here as well - have the retailers already hiked the prices prior to 22nd Dec in anticipation of the VAT increase in Jan 11? In this way they can be &#039;seen&#039; as a good retailer who can absorb price hikes? On ther other hand, the cost of pint in the pub has gone up. The industry is already on a tipping point and this increase will unsettle it further.

I think VAT increase is only one tiny factor that the retailers have to consider while setting prices - other cost pressures such as raw material costs, transportation have had a greater impact.</description>
		<content:encoded><![CDATA[<p>Hi Mike,</p>
<p>Maybe there is another force at play here as well &#8211; have the retailers already hiked the prices prior to 22nd Dec in anticipation of the VAT increase in Jan 11? In this way they can be &#8216;seen&#8217; as a good retailer who can absorb price hikes? On ther other hand, the cost of pint in the pub has gone up. The industry is already on a tipping point and this increase will unsettle it further.</p>
<p>I think VAT increase is only one tiny factor that the retailers have to consider while setting prices &#8211; other cost pressures such as raw material costs, transportation have had a greater impact.</p>
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		<title>Comment on The First Time Entrepreneur &#8211; Part 1 by Mike O&#39;Connell</title>
		<link>http://www.sageontheweb.co.uk/2010/10/05/the-first-time-entrepreneur-part/#comment-343</link>
		<dc:creator>Mike O&#39;Connell</dc:creator>
		<pubDate>Tue, 02 Nov 2010 18:42:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.sageontheweb.co.uk/?p=264#comment-343</guid>
		<description>I think the technology market is fractured into so many subsectors - eg biotech, social media, enterprise software, cleantech  - that the product vs services debate is perhaps less relevant than it once was.  With Software As A Service and volume based pricing models for product companies and value add, gain share models for service companies the lines have become more blurred as time goes on.  In the last couple of years  the cycle seems to be related to risk -  with the less risky, cash-flow positive established management team led companies becoming more attractive once again, whether they be product or services.</description>
		<content:encoded><![CDATA[<p>I think the technology market is fractured into so many subsectors &#8211; eg biotech, social media, enterprise software, cleantech  &#8211; that the product vs services debate is perhaps less relevant than it once was.  With Software As A Service and volume based pricing models for product companies and value add, gain share models for service companies the lines have become more blurred as time goes on.  In the last couple of years  the cycle seems to be related to risk &#8211;  with the less risky, cash-flow positive established management team led companies becoming more attractive once again, whether they be product or services.</p>
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