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Audit tips for a cash-based businesses
Fox Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
No one likes to be the center of an audit, but small businesses that deal primarily in cash may find themselves under the IRS' scrutiny more often than other companies. The IRS realizes that a considerable amount of cash income is not reported on small businesses' tax returns. In turn, it has developed techniques to uncover hidden stores of cash. Here is what they look for. More



Beverages


Starbucks, Dunkin' catch a break on coffee prices
MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Coffee shops, such as Starbucks Corp. and Dunkin' Brands Inc., are looking at some relief next year as arabica prices trend lower, taking some of the pressure off companies' profit margins. Coffee futures traded on IntercontinentalExchange have tumbled 15 percent over the last month, easing the inflation that coffee providers faced the past couple of years. Recently, arabica futures hit a fresh two-year low, as the market continues to retreat in anticipation of a record harvest from top producer Brazil. More



Starbucks sells 'made in America' mugs to create jobs
ABC News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Starbucks' line of American-made merchandise went on sale in stores across the country recently. The Indivisible collection, which will be sold from June 12 to July 9, features made-in-America coffee, mugs and tumblers. Starbucks will donate a portion of each sale to its Create Jobs for USA Fund. The fund awards grants "to help create and sustain jobs in underserved communities throughout America." More

Honest Tea introduces fresh brewed iced tea for food service retailers
Seattle Post Intelligencer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Honest Tea announces the availability of a fresh brewed iced tea system nationwide. All four varieties — Classic Green Tea, Just Iced Tea, Lemon Herbal Tea and Raspberry Tea (naturally flavored)— are USDA organic, gluten free and contain no genetically modified organisms (meaning Honest Tea does not use ingredients produced using biotechnology). All of the teas used are Fair Trade certified. More

Why are Poland Spring bottles so crinkly?
Slate    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If you've bought a bottle of spring water recently — a little, half-liter one, the single serve kind — you may have noticed how fragile it was. Cellophane-thin walls, so easy to squish and crinkle. Tiny, fiddly caps that seem to come off without any effort. Why have these bottles become so insubstantial? The answer: Environmentally friendly operations. Or, less charitably but perhaps more accurately, operations that cut down on raw material use and, along the way, have environmentally pleasant side benefits. More


Alpine® "Flowing with technology™"
Alpine® is the industry leader in (POU) point of use water filtration solutions. Alpine® recently introduced their new high end Aurora POU cooler using digital technology, tri-temp, UV sanitization, filter monitoring, leak detection, etc. Microsoft® picks Aurora™ as best in the industry.
Bottom Line Benefits of using GPS North America

Reduce operating expenses - including fuel costs, overtime pay, and insurance premiums, and enhance safety and reduce liability. Better measure, monitor, and manage fleet performance while increasing driver productivity and enhancing customer service.
Vagabond: Vending operations management at your fingertips
Live machine views, net profit reports, inventory management—they're available in real time on your desktop or mobile device with Vagabond. A cloud-based vending operations software tool, Vagabond helps you carry less inventory and increase revenue as it learns product/sales trends. As machines are serviced less frequently and more efficiently, Vagabond customers report a reduction of up to 25% in labor costs!


Business / Industry


Vending machines appear around town as part of Conan O'Brien-related invasion
A.V. Club    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Recently, Chicagoland Conan O'Brien fans are able to take home a souvenir of the comedian's visit to the Windy City as part of the TBS Just For Laughs comedy festival. Viewers of Conan's late-night show were encouraged to be on the lookout for pop-up vending machines throughout the city. Inside these vending machines were T-shirts featuring fan-created likenesses of O'Brien. More

Twitter-activated vending machine trades tea for tweets
Gizmag    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In South Africa, getting a little liquid refreshment can be as simple as sending a tweet, thanks to what appears to be the world's first Twitter-activated vending machine. The machine is named BEV, and recently, she started rewarding people at Cape Town's Wembley Square who tweet the right hash tag with a sample of BOS Iced Tea. More


Brew Golden Cups for Every Guest

Curtis’s Gold Cup brews to SCAA’s Golden Cup standards, providing precise time/temperature/extraction control. Gourmet coffee gets well-deserved credibility, and guests perfect coffee. Learn more!
AMERISOURCE

In this time of economic pressure, Ameri-Source makes sense: it cuts your costs, and helps deliver more profit to your operation.
MORE


Corporate Social Responsibility


Honest Tea and Fair Trade USA team up to support tea growers
TriplePundit    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Honest Tea was the first company to market bottled tea that is Fair Trade Certified. Recently, the company announced that it has chosen to work with Fair Trade USA as its certification partner. The aim of this collaboration is to increase the impact of the organization's work as well as to include more farmers, farm workers and tea pickers around the world. More

NAMA News

Highlighting Knowledge Source Partner, Fred Parrish, Founder and CEO of The Profit Experts

Many of you, who do not have a Chief Financial Officer or Financial expert on staff, have mentioned Cash Flow and Profit Management is a significant concern to you. Fred Parrish, with input of NAMA members, has developed a program we encourage you to review. Understanding the challenges that can impact cash flow and profitability is why NAMA is reaching out to introduce The Small Business Owner's Cash Flow and Profitability Solution.

The Profit Experts Solution offers you something that every business needs, a Chief Financial Officer who utilizes our proprietary tools and coaching process specifically designed for entrepreneurs who understand what it takes to achieve financial success in a small business ($250K to $25 Million) and at a very affordable price. There is no long term contract or software to purchase and learn.

The short video, TheProfitExperts, will demonstrate how the process works, its benefits and cost and allows you to hear testimonials from clients.

For additional information about their services, please call 214-383-0500 or email fparrish@profit-experts.com.



Plan NOW to Attend
The Next BIG Event...
CoffeeTea&Water 2012!
The city of New Orleans is READY...

New Orleans is rich in coffee history, is the 2nd largest port of entry for green coffee, and boasts some of the finest restaurants in the country.

CoffeeTea&Water is the single largest event dedicated to the coffee, tea and water service operator. Make your plans to attend, be a part of the experience and see firsthand the opportunities for growth and profitability.

Make your reservation today!

CoffeeTea&Water 2012
Nov. 13-15

Hyatt Regency Hotel Reservations

This video shows a brief glimpse of the damage Hurricane Katrina did to the New Orleans area and the Hyatt Regency. Then fast forward 7 years and see the progress the city has made and what the Hyatt looks like today. This video was made in celebration of The Make It Right organization helping to rebuild the lower 9th ward. CT&W 2012 is an event you don't want to miss. The hotel and the staff are first class and look forward to welcoming you.


 
Keeping In Touch With NAMA
Colby Horton, Vice President of Publishing, 469.420.2601
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Brie Ragland, Content Editor, 469.420.2639   
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