SBANC Newsletter - January 13th, 2015

Page 1

SMEC

Who: American Mktg. Association

When: February 13-15, 2015

What: Summer Marketing Educators’ Conference

Where: Chicago, IL Deadline: January 31st, 2015

Who: Society of Business Research When: March 19-21, 2015

SBR

IABE

ICSB

Where: Orlando, FL, USA What: 2015 International Conference Deadline: February 25, 2015 Who: IABE

When: March 22-24, 2015

What: 2015 Orlando Winter Conference

Where: Orlando, FL, USA

Who: ICSB

When: June 6-9, 2015

What: ICSB 2015 World Conference

Where: Dubai, UAE

Deadline: February 10, 2015

Deadline: March 1, 2015

SOBIE

EMBC

Who: University of North Alabama

When: April 14-17, 2015

What: SOBIE 2015 Academic Conference

Where: Destin, Florida

Who: The Intl. Academic Forum

When: July 9-12 2015

What: The European Business and Management Conference

Where: United Kingdom

Deadline: March 8th, 2015

Deadline: March 15, 2015


ABSRC

SBAET

Who: ABRSC 2015

When: March 25-27, 2015

What: Advances in Business-

Where: Venice, Italy

Related Scientific Research Conf.

Deadline: February 12, 2015

Who: BizStrategy

When: July 27-28, 2015

What: 5th Annual Intl. Conference

Where: Singapore Deadline: May 15, 2015

AACSB

Who: AACSB Intl.

When: April 26-28, 2015

What: ICAM - 2015

Where: Tampa, FL, USA Deadline: March 15, 2015

AII

Who: Annual Interdisciplinary Conference What: AIIC 2015

When: July 8-11, 2015 Where: Azores Islands, Portugal Deadline: June 25, 2015

Who: Journal on Business Review When: February 2015

GBR

What: Volume 4, Number 1

Where: Online Deadline: January 31, 2015

ABR

ADVENA

Who: Academy of Business Research

When: March 25-27, 2015

What: Spring 2015 Conference

Deadline: February 6, 2015

Who: Advena World

When: February 26, 2015

What: Innovation Leaders 2015

Where: Washington DC

Where: New Orleans, LA

Deadline: March 15, 2015

AA

IJIER

Who: Allied Academies

When: April 8-10, 2015

What: Spring 2015 International Conference in New Orleans

Where: New Orleans, Louisiana Deadline: February 26, 2015

Who: Intl. Journal for Innovation Education and Research

When: January 31, 2015

What: Volume 3, Issue 1

Where: Online Deadline: January 20, 2015


SBANC

The Small Business Advancement National Center aims at increasing your knowledge of small business and entrepreneurship. All questions and comments are greatly appreciated.

SBANC

The Small Business Advancement National Center is moving its website. In the process of doing so, we have found that our Newsletter archive lacks the following issues: 513, 521, 534, 535, 611, 617, 622, 626, 631, 649, 665, 732, 733, 754, 785 & 786. If you have any of these issues, please contact us. Thank you!

SBANC

There have been some questions concerning how to get to the meetings from our Newsletter’s inside links. When hovering the mouse of the meeting three icons will appear. Click on the right icon that looks like ∞. If you have any further questions please contact us. Thank you!

FBB

WEI

GMC

GAM

The 12th Finance, Business & Banking Symposium has been scheduled on February 24-26, 2015 in Melbourne, Australia. The submission deadline for papers is January 30th, 2015. The registration deadline is February 10, 2015.

The West East Institute Business & Economics Academic Conference will be held on March 19-21, 2015 in Athens, Greece. The submission deadline for papers is February 22, 2015.

The 2015 Spring Global Management Conference will be held March 68, 2015 in Los Angles, CA. They are welcoming all papers and the submission deadline is February 27th, 2015.

The European Scientific Institute and Jawaharlal Nehru University in New Delhi, India, is having its 2nd Global Academic Meeting from April 1-4, 2015. The deadline for papers is March 1, 2015.


Tip

of the Week

“A mall location is no guarantee of business success...” Choosing the Right Location and Layout When evaluating a mall or shopping center location, an entrepreneur should consider the following questions: 

Is there a good fit with other products and brands sold in the mall or center?

Who are the other tenants? Which stores are the anchors that will bring people into the mall or center?

Demographically, is the center a good fit for your products or services? What are its customer demographics?

How much foot traffic does the mall or center generate? How much traffic passes the specific site you are considering?

What is the mall’s average sales per square foot (a common metric for measuring a mall’s attractiveness)? The average for all malls is $350 per square foot, but one-third of malls generate less than $300 per square foot in sales. Only about 15 percent of malls generate sales per square foot of $400 or more.

How much vehicle traffic does the mall or center generate? Check its proximity to major population centers, the volume of tourists it draws, and the volume of driveby freeway traffic. A mall or center that scores well on all three is more likely to be a winner.

What is the mall’s vacancy rate? What is the turnover rate of its tenants?

How much is the rent, and how is it calculated? Most mall tenants pay a base

amount of rent plus a small percentage of their sales above a specified level. A mall location is no guarantee of business success, however. Malls have been under pressure lately, especially from online retailers and fastgrowing discount stores, and mall vacancy rates have been slow to recover from the Great Recession. Many weaker malls (known as “gray fields”0 have closed or have been redeveloped. The basic problem is an oversupply of mall space; there is about 20 square feet of mall retail space for every person in the United States. The last new indoor shopping mall opened in 2006. Another problem is that many malls are showing their age; in face, 85 percent of the malls in the United States are more than 20 years old. In addition, the demographic makeup of an area’s shoppers often changes over time, creating a new socioeconomic customer base that may not be compatible with a small company’s target customer profile. As a result, many malls have undergone extensive renovations to transform themselves into “entertailing” destinations, adding entertainment features to their existing retail space in an attempt to generate more traffic. For instance, in addition to its 520 retail shops and 60 restaurants, Minneapolis’s Mall of America, the second –largest mall in the United States (located only a few miles from Southdale, the nation’s first mall), includes a Nickelodeon Universe amusement park at its center, a 1.2-million-gallon aquarium, and a 14screen movie complex in its 4.2 million square feet of space.


Initial and Long Performance of Emerging and Nonemerging Industry Initial Public Offerings This paper was written by Abena A. Arkorful and Dr. Frank W. Bacon from Longwood University.

The purpose of this study is to test the initial and long run aftermarket performance of emerging and nonemerging industry initial public offerings. According to research, on average most IPOs are underpriced due to investor uncertainty about its performance. The underpricing of IPOs is subsequently followed by underperformance in the long run aftermarket. Using the S&P 500 to adjust for risk this study used a 40 firm sample (20 emerging and 20 nonemerging) to test evidence of underpricing as well as the long run after market performance of emerging and nonemerging IPOs from 1996-2012. This study found that initial market adjusted return for emerging firms showed no evidence of underpricing. Emerging firms overperformanced in the long run aftermarket compared to the nonemerging firms. (pg. 1) Read Entire Paper Here

Executive Director Dr. Don B. Bradley III

Development Intern Marissa Sides Raina Silva

The Small Business Advancement National has recently made immense changes to the layout of its website, SBAER.UCA.EDU, as well as its Newsletter. We welcome constructive criticism, comments, and of course, all questions throughout this transition.

Email: SBANC@UCA.EDU Phone: 1 (501) 450-5300 Allied Academies 2014 Proceedings Abena A. Arkorful and Dr. Frank W.

Essentials of Entrepreneurship and Small Business Management Norman M. Scarborough

Bacon

PEARSON

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Pages 543-544

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