Solyndra Solar Term Paper Example | Topics and Well Written Essays - 1250 words

Solyndra Solar - Term Paper Example Meanwhile, the program intends to create over 60,000 jobs for the citizens and remains the significant source of jobs for thousands of people. Despite the current bankruptcy, the program is facing, the administration claims that its investment portfolio is still effective and productive. Meanwhile, the Solyndra issues post criticism about the suitability of government in the process of funding technologies and programs. Thus, the paper will evaluate the bankruptcy issues, bailout and analysis of the Solyndra Solar in order to establish its performance in the market. Solyndra Solar Bailout The research indicates that the Solyndra has used a lot of billion dollars ineffectively due to the poor management and $535 million are direct bailout from the United State taxpayers (Cappiello, 2011). The program was handed $535 million dollars as a federal loan guarantee despite its unstable financial footing. Solyndra has applied for the federal trade regulation support in order to assist foot t he bill for the 1,100 employees that it laid off as a result of bankruptcy. Meanwhile, the administration program is supposed to use $1.5 billion to bailout the retraining for employees who had lost their jobs due to the foreign trade like competition from the cheap panels from china. ... The bailout had a lot of risk disclosure, but the company was operating at a high cash burn rate because it could not mange its expenses effectively. Meanwhile, the company had sales of $100 million in 2010 and as a result of high costs and overhead it recorded a loss of $172 million that year (Cappiello, 2011). The company had lost about half a billion dollars for three sears before it comes for the bailout money from the federal programs. The federal government gave the money to the Solyndra without evaluating the financial crisis that was affecting the company. The company was producing tubes at cost of $4 per watt output, but it made losses on them because it was charging $3.24 in the market. Meanwhile, the company spent tens of millions of the bailout money in establishing a 500 million megawatt production capacity given that its production volumes had reduced to 65 megawatts (Cappiello, 2011). The company was expected to use the bailout money to sort the sales problems, but it spent its cash to build costly production firm. Meanwhile, the Kaiser Foundation bailout the Solyndra with a total of $ 75 million that would assist the company’s situation, but the company would be paid before taxpayers get their $535 million back (Cappiello, 2011). The paying the taxpayers should follow the order of creditors due to the bankruptcy proceeding of the company. Meanwhile, the bailout assisted the company because it was almost certain to fail in case it was not bailout because the refinancing plan was rejected by the federal program. Solyndra Solar Bankruptcy The company faced various difficulties that led the company to close operations that will affect the

How Buy USA Helps Exporters Essay Example | Topics and Well Written Essays - 750 words

How Buy USA Helps Exporters - Essay Example The website has great presence across the country with offices in almost every region. This huge nationwide presence allows businesses from any region in the US to sign up to connect with potential clients. Buy USA gives business owners in the US a great opportunity to expand their businesses and put them on the international map. This expands the market for the businesses and enables them to maximize their profits with a lot of ease. It is a US commercial Service aimed at helping businesses find potential clients and meet new partners on the international level. Companies outside the USA can also find the website very useful in locating appropriate suppliers for their goods and services. Buy USA operates in about eighty countries across the world creating a very huge market for businesses to interact and share their products and services. Apart from connecting businesses to potential clients and business partners, Buy USA provides a wide range of services to both current and potential exporters, making it one of the leading commercial services in the country. The websites contains links to other equally essential business websites such as export.gov (www.export.gov) which has numerous resources about conducting an export business, and Commercial News USA (http://www.thinkglobal.us/) which offers businesses the latest news in the international market. Both new and experienced businesses in exports can benefit a great deal from using Buy USA. With a wide range of connection in about eighty countries, established export businesses can use these connections from Buy USA to rapidly increase their operations on the international scene, while new businesses can have a good foundation to start from with a great prospect of future growth and expansion. Among the services offered to new businesses that want to start exporting i nclude provision of relevant business and legal information, business advice, and advice on international logistics. New businesses can use this information to strategically plan their entry in to the international market. Lack of information and legal huddles have been stumbling barriers for small businesses to sell their products on the international scene but the services provided by Buy USA have greatly simplified that. With offices in over one hundred cities in the country, Buy USA is dedicated to ensuring growth of small businesses through provision of information and business advice to set them off to the international market. Established businesses can also benefit from services such as the latest international news, new links to customers and business partners, legal assistance, trade show experiences among others. Using Buy USA is a great way to market your business on the international scene. Established businesses can use this easy way to market their goods and services to the outside the US and reduce their marketing expenses on physical marketing (Joshi, 2005). The website enables businesses to maximize their profits by exporting their goods and services to a ready market outside the US. Buy USA is one of the most trusted agencies helping businesses in America and its growing popularity is set to benefit so many businesses, both big and small. Buy USA serves businesses in diverse industries ranging from agricultural, service businesses, manufacturing among others. Any company can join in and locate other businesses in the same industry for partnership or business deals. Potential clients for Buy USA include small and medium enterprises who may not afford the