Thursday, May 31, 2012

Factoring Vs. Borrowing: An Alternative Method Of Financing That Really Works

Today, perhaps more than ever, banks are reluctant to help finance contractors and subcontractors. As a result, the need for alternative financing methods is greater than it has ever been.

Yes, finding sources to finance projects is difficult, but without financially stable contractors and subcontractors, a project could wind up dead in its tracks causing delays and even greater costs.

Factoring is fast becoming the alternative financing method of choice because factoring helps to shore up the financial stability of those who actually build the projects.

In fact, banks are referring contractors and subcontractors to qualified factors such as Quantum Corporate Funding, Ltd. in an effort to help contractors and subcontractors who have been and may still be their customers.

Why? Because as a factor we can help the bank's customer survive financial setbacks and bankruptcies simply by financing their receivables.

Accounts are also referring customers to Quantum because we help to improve their clients' cash flow for operating expenses. This enables their clients contractors and subcontractors as well as MBEs, WBEs, SBEs, and DBEs, to purchase supplies and equipment and increase their labor force to keep their businesses going in these tough economic times.

For example, we're helping by factoring receivables for an electrician in New York who is working on a large public record. The electrician was able to increase his cash flow, which allowed him to buy supplies, pay his laborers and purchase the necessary equipment needed to finish what has become his largest job ever.

Without the help of Quantum Corporate Funding, this carpenter would probably have remained just another small, struggling carpenter.

But, you don't have to be an electrician to qualify for alternative financing via factoring. As I said MBEs, WBEs, SBEs, and DBEs who more than ever, are having difficulty financing for the project work that they get, can increase their own cash flow to grow their businesses, complete their work on a project, and use that success t obtain new work.

Interior firms can also qualify! Quantum Corporate Funding agreed to purchase the receivables of an interior firm that was turned down by a bank at a critical point in its business by providing the firm with the cash it needed for operating expenses.

In another example, one subcontractor, after we evaluated his situation, was indeed a candidate for factoring. He inquired about points, the percentage he would be charged to factor, and how soon he would be able to receive the monies he so desperately needed. In this case, the subcontractor would be able to receive an advance, under a no term contract, with no credit risk, equivalent to 70 percent of a specific single invoice totaling 0,000 or ,000 in cash that would be wired directly to his bank account.

The subcontractor agreed to pay three percent of the total for the first 30 days as a fee on the 0,000. In other words, he would pay ,000 to factor a 0,000 invoice for one month. He would receive the balance of the money - ,000 less the ,000 fee a total of ,000 upon receipt of the funds due toward payment of the invoice. He therefore received ,000 plus ,000 a total of ,000 for his 0,000 invoice.

The subcontractor, reluctant at first, said he was operating in an extremely competitive market as most are. Further investigation disclosed that his gross margin was 18 percent and that his annual overhead was 0,000.

He also said that if he had unlimited funds, he could double his business. I would be going million in sales if I had unlimited funds. I'm turning away business now because I don't have the cash flow to handle it, he said.

This is a very familiar scenario. However, the question most often asked is if he doubles his sales, would he double his overhead? The answer is no. Actually the extra million in sales would only cost him an additional ,000 in overhead expenses.

A doubling of sales for most small businesses does not lead to a doubling of overhead. A business does not need twice the space or twice as many employees. It is the economy of scale that allows for such an increase in net profit.

This contractor realizing how he could benefit from factoring conjured up an image of another subcontractor smiling ear-to-ear an image I have seen so many, many times in person.

Let us assume the gross profit percentage of 18% and overhead of 0,000. On a 2 million dollar volume the net profit would be 0,000 with the ability to double volume to 4 million and a resultant increase in overhead of ,000. The net profit would be 0,000 after factoring costs of ,000 on a 4 million factored in invoices without taking in a partner our client made an additional quarter of a million dollars. This is quite a dramatic increase to the bottom line.

Factoring helped him grow his business by taking advantage of discounts offered by suppliers. Factoring with Quantum enabled him to take greater advantage of work opportunities he might have missed out on that would have substantially increased his bottom line.

We do not buy retention. Retention is where a percentage of monies are withheld by the owner until a project meets the owner's satisfaction.

What we do is supply cash. Cash to help you meet your payroll, tax and insurance needs.Cash to help you pay your suppliers and achieve greater discounts from them.But we do more, much more. We provide bank-to-bank wire transfers; we require no long-term contracts; we will factor as many invoices as you require; we don't need your financial statements; and in some cases, we can providing funding in 24 hours.

So, when your bank says no, many times we'll say yes. You don't need to go from bank to bank with your hat in hand. Your receivables are as good as cash with us. And, if you are a business start-up, we may just be able to help you too.

There is an unlimited potential for growth if factoring is used as the alternative financing method of choice.

For more information, contact: Quantum Corporate Funding, Ltd., 2115 Linwood Avenue, Fort Lee, NJ 07024 (800)352-2535 ext 4342.

Wednesday, May 30, 2012

Small Installment Loans-Convenient financial assistance for quick relief

Short term and unforeseen financial expenditures often create disturbances in life. The assistance of small installment loans is powerful financial tool that let you arrange the desired loan money with ease and flexibility. Thus, to overcome your financial troubles without undergoing any fuss, check out this monetary aid for better and effortless financial support. It would let you arrange the money for meeting your fiscal troubles at ease.

The assistance of small installment loans is quick and hassle free in nature that helps you to get over your low financial standings with ease. You need not have to arrange any valuable asset to pledge against the loan amount. Funds that you are allowed to borrow can be ranges from 0 to 00 with swift repayment period of 14 to 31 days. To match up with your financial budget, spend this loan money for meeting any desired purpose such as meeting medical care costs, grocery bills, utility bills, tuition fees of your child, credit card dies etc.

Quickly qualify the mentioned below eligibility criteria to get the assistance of no credit check small loans, such as:

1. Permanent citizenship of US

2. Bank account not more than three months old

3. Regular employment from the past same six months

4. Complete the age of eighteen years or more

5. Earning should be at least 00 per month

If your credit scores are no so perfect and you are facing some monetary pressures, small installment loans are still for you. There will be no credit pressures. Therefore, even if you are tagged with several bad factors like insolvency, foreclosures, skipped payments, late payments, arrears, defaults etc., you can still enjoy this loan aid. One need not have to face any credit issues at all.

Internet is the great technology that let you enjoy the finance right away with the comfort of your doorway. You need not have to visit to lender to lender in search of the loan deal. PC with internet connection will let you enjoy the loan deal at most reasonable rates. Moreover, application does not demand long hours. Just a single online application form is required to be completed with few personal details. Loan money will transfer in your checking account once you are approved.

In order to remove the financial distress that arises due to shortage of finances, apply with small installment loans for better and swift monetary aid.

Tuesday, May 29, 2012

Boat Loans After Bankruptcy

Boat is the dream of every coast living residents who are living near the sea or the rivers. There are many problems for fisher men as well as other persons who want to purchase a new boat, fishing rode, net or other articles, which are related with boat however they don't concern about new boat because we are ready with Boat Loans After Bankruptcy to help the fisher men as well as other persons. Lenders who are attached over internet are providing Boat Loans After Bankruptcy without checking the credit history of the borrowers thus fishermen can get Boat Loans After Bankruptcy easily and then they can go to the beach or the bank of river to fishing. Many lenders or credit agencies are ready to provide Boat Loans After Bankruptcy. You are to apply for Boat Loans After Bankruptcy over internet by filling an online application form and few details as per requirement of the lenders and experts of the selected lender will complete rest of the work. Besides this lenders who are providing boat loans after bankruptcy don't need the documents to fax or no need to check your credit history at the time of providing Boat Loans After Bankruptcy. Therefore, borrowers who are bankruptcy, they can get Boat Loans After Bankruptcy amount range from 00 to 0,000 without any tension. There are many lenders attached over internet, they also provide Boat Loans After Bankruptcy through bad-credit-boat-loans online every time When you apply for Boat Loans After Bankruptcy then our lenders will provide you an online application to fill up, you are to fulfill your residence, name, contact number, email ID, account number, amount range, date of birth etc and remain task will be completed by the our experts of the lenders. Experts of the lenders will transfer the Boat Loans After Bankruptcy directly in your account within few hours. lenders want to tell you about the interest rate or repaying the Boat Loans After Bankruptcy. If you are a bankruptcy, however the rate of interest is average at your Boat Loans After Bankruptcy amount and the repayment process of Boat Loan After Bankruptcy may for 7years. If you are a good credit history borrower, the rate of interest is low at your Boat Loans After Bankruptcy, and you can repay the Boat Loans After Bankruptcy within 7years or 10 years. Thus you can't find such opportunity anywhere.

Monday, May 28, 2012

A Car Loan With Bad Credit - Available in Kansas City

Looking out for an vehicle loan when your credit is perfect is as easy as it gets. Essentially you have the world of all automobile dealers in the palm of your hand. But, if you're planning on looking for any sort of car loans with bad credit or are searching for a bankruptcy auto loan, it becomes much more difficult. Think about it, your credit report is the first factor that lenders can have a look at before they make a choice to give you the cash or politely show you the door if your credit score is too low.

However, don't begin getting too exited yet. If you are currently struggling with 'fair', 'bad' or 'poor' credit as the lenders like to call it, you may continue to have several options to get yourself a car loan. On the other hand, finding yourself a decent car loan with bad credit is completely going to take some more time since you will have to do some further researching and applying before you'll find the one that you are most comfortable with.

Normally the automobile loans depend on the applicant's qualifications to pay the loan amount. Auto loans also depend upon the information that the applicant should have a sound credit history. Substandard credit occurs when someone does not take his bank account seriously. There are many reasons why an individual may end up having flawed credit that finally ends up in him being rejected for automobile loans.

When an person applies for a car loan with bad credit he is apt to have a credit check. The creditors go through their past records to determine if bills are paid on time and if there are significant transactions made in their bank accounts. Within the meantime if the person decides to apply for a mortgage during this period the pending inquiry would leave the creditors unsure whether he/she has been approved or rejected hence frequently putting off the creditors and being rejected for auto loans.

The good news is that deficient credit is repairable and many folks with rotten credit get approved for vehicle loans. A lot more often than not people with inferior credit can consult specialists and acquire guidance to repair rotten credit. Moreover there are a lot of financial establishments that provide a car loan with bad credit to people with rotten credit history. These institutions additionally have definite automobile types for specific sorts of candidates and offer them an idea of what kind of plan they will be approved of. With this information the applicant can choose from the list and choose what kind of auto he would buy.

Saturday, May 26, 2012


If you don't have enough funds in your hand to deal with your urgent monetary crisis then you can take help from instant decision payday loans. This loan will provide you a helping hand in getting quick funds at the time of need. With the help of this loan you can easily meet your urgent needs which you can't delay till your next payday.

Instant decision payday loans are short term loan and unsecured in nature. Thus lender will not ask for any collateral. The amount from which you can take benefit ranges from 100 to 1500. You have to pay back the loan amount within the time period of 2 to 4 weeks. This loan does not include any time consuming loan formality.

For getting instant decision payday loans you have to meet some prerequisites. Those conditions are as follow

Your age should be 18 years or above. You should be employed and must earn more than 1000 per month. You should have an active bank account of minimum 3 months old.

With the help of instant decision payday loans you can easily cope up with your short term expenses like paying children expenses, home rent, car breakdown, covering sudden medical expenses, paying monthly instalment, debit card bill, grocery bill and other pending bills.

If you don't have good credit history and have fear of getting the loan rejection then you can apply for instant decision payday loans without facing any hesitation as this loan is free from credit check. Thus bad credit holders like CCJs, IVAs, bankruptcy, arrears, or defaults in a hassle free way can apply for this loan.

You can easily avail payday loans instant decision by using online method. There are many lenders offering this loan at varied rate of interest. Choose the deal which suits you and by filling an online application form you can apply for this loan. This loan gets approved quickly and funds get credited in your account in the lowest possible time. Thus by making few clicks on your mouse you will be able to grab a good loan deal to deal with your crisis.

Friday, May 25, 2012

Payday Loans Are Easy Access To Much Needed Financial Relief

Payday loans are increasingly becoming more popular not only in the U.S. but in the U.K. and Canada as well. The troubled economy continues to be problematic for many. Income is not supporting expenses and lifestyles combined or separate. Whatever the reason, more and more people are turning to a low cost payday loan for emergency money help. The low cost comes from the actual amount paid in fees (when paid off on time) is much more cost effective than paying late or overdraft fees and risking credit history complaints.

"How do I get a payday loan?" is a question heard daily by direct payday loan lenders. The need is there and companies are processing loans for many. Some are repeat customers looking to get extra help with finances, while others have found themselves in a bad financial position without credit cards to fall back on. Credit card debt has risen to extremely high proportions and those in debt are finding themselves needing to find new ways to get assistance. The ease of online payday loan applications with no credit checks and now no fax documentation has attracted many new users. Sometimes, these low cost payday loans are used to help support an overrun budget while other times they fund emergency costs. People are finding that the ease of accessing the payday loan online applications a way to get out of a monetary jam. It is no longer necessary to be at your desk to apply for quick money. People are using their laptops, tablets and now even smartphones for budget assistance. Not having to fax or email over bank statements has made the process even easier.

The most time consuming aspect of obtaining an online payday loan from a direct lender would be finding a company with a trusted history. There are many out there who use best practices with their customers. Give their phone number a call and talk to the customer representatives. Your questions should be answered thoroughly without pressure to sign on for a loan.

Once you have your application sent and all qualification information accurately relayed, your approval status will be processed in less than an hour. The pressure relief that these plans bring to hard working people is what brings them back each time. No credit check, no long applications or waiting. Once you are approved, you will have your money deposited into your account within 24 hours on business days. When you are up against payments, which need to go out before your next paycheck, the low cost payday loan solution helps.

You do need to be aware that there are lenders out there without your best interest at heart. A lender who follows state regulations will offer the best practices for your loan. The debt trap complaints refer to those who take the online payday loans out without a plan for payment. The loans are short-term and are typically paid off within two weeks. When there is no payoff, the loan begins to accrue the high interest attached to the loans. The low cost is gone and people fall further into debt. Default loans are sold to collections and your credit history is no longer protected. A good practice on behalf of a borrower is to have a working plan to pay off the loan before signing on for a loan or line of credit with any company.

Thursday, May 24, 2012

How You Can Improve Your Credit Score Without Working Two Jobs

If you use credit, have a loan, or even ever considered getting one, you've heard of your credit score. Based on information in your credit reports, the FICO score is used in 90% of lending decisions, according to

While the exact combination and formulation of the score is a closely-guarded secret, the factors that can improve your score are public knowledge. There are tangible, strategic actions you can take to increase your score and improve your rating, giving you access to better loan products and lower interest rates. Most of these are strategies you can implement without changing the amount of money you spend each month; the system works a certain way so make sure you know how to work it.

Know your score

This one seems obvious, but many people have no idea where they stand on the spectrum. This one doesn't need to cost you a dime, as The Fair Credit Reporting Act (FCRA) mandates the three credit reporting agencies Equifax, Experian, and TransUnion provide you a copy of your credit report every year, upon your request, for free. You can always pay for the report if you've got money to burn, but is the government site where you can get it free. Check it for accuracy, look at the positive and negative information, and note your score. Alternatively, you can also get your FICO score directly from the Fair Isaac Corporation, but this option will come at a nominal cost.

Use your cards, just not too much

The best way to improve your credit is by using what you have responsibly. Keep your total use of credit cards under 30% of your total available credit limit. We're talking about the amount you use and pay off every month, not the amount of debt you carry. If you can, using 10% of the limit will help even more.

Don't close the cards you pay off

You save and scrimp, finally pay off the balance on that card and in a cathartic moment of happiness, cut up the card and throw it away, thinking that will help your credit score. Wrong. Older accounts are a positive indicator and reducing your overall available credit limit makes you less appealing to lenders. That's two reasons to leave that card open.

Have more than credit cards on your credit report

Lenders like to see a variety of credit products. If you have a mortgage or auto loan already, this should do the trick. If you don't, consider taking out an installment loan to pay off a balance on an existing card to improve your score.

Be date-conscious

Credit inquiries show up on your credit report. If you're shopping a loan like a mortgage or an auto-loan, multiple entries within a 30-day period will only count once. A continual habit of applying for credit at multiple institutions does not look good. Pick your window and stick to it.

Pay those bills on time

This last one is obvious to most people, but we have to mention it. Late payments hurt your credit. Prioritize your budget to pay at least the minimum amount due every month.

Wednesday, May 23, 2012

Risk Management: The Three Lines Of Defence

The three lines of defence principle is a long and well established concept that has been deployed in a variety of industries and situations.
In the insurance industry the three lines have consisted of the following:
The business the day-day running of the operation and the front-office
Risk and compliance the continual monitoring of the business
Audit the periodic checking of risk and compliance.

In part this approach is the solid foundation upon which firms can protect themselves against a range of potential risks, both internal and external, and to a degree it is an approach that is forced upon them through regulators' insistence on external audits as well as on an embedded risk management capability.

As reliable and well proven as the three lines of defence concept is throughout the insurance industry, it is in need of an update. In today's market there is a far greater number of risks and regulations and an ever-increasing level of complexity in business. Simply being sure that every major risk is in hand is a difficult task.

It is not so much the concept of the three lines of defence that needs to be overhauled but the way that these three lines communicate with each other and the relationship between them.

The complexity of today's market affects the risk and compliance function more than any other. In the majority of organisations management of the various different forms of risk operational risk, compliance risk, legal risk, IT risk are all carried out by different teams, creating a pattern of risk silos. This situation leads to a number of negative consequences. The first of these concerns efficiency.

These risk silos each gather their information by asking the business to provide various information relating to their daily tasks and any potential risks associated with them. Because of the silo structure, the business will find itself being asked for this same information on a multiple of occasions. This not only leads to inefficiency due to the duplication of effort, it can also lead to frustration from front office staff and subsequent disinclination to engage with risk management.

Such is this level of frustration that, according to one insurer which recently appointed a new chief executive, when the new head asked his staff what single change would make their life easier he was told to do something about the endless questionnaires and check sheets that they have to fill out to satisfy risk managers and compliance officers.

While frustration among staff is never a positive development, any company's risk management programme depends on getting buy-in from the staff so anything that threatens the success of this programme has to be addressed.

Perhaps more importantly there is also an inconsistency due to the different ways this same information will be interpreted by different risk teams. This disparate relationship between risk teams can also lead to a lack of recognition over potential correlations between various risks. For example, the recent sub-prime crisis that has affected so many banks may have been avoided if there had been more co-ordination and communication between the credit department and those selling mortgages to people with bad credit.
Similarly the 6.4 billion loss at Socit Gnrale was the result of several risk oversights, combining a lack of controls on individual traders as well as a failure to implement various checks on the trading systems themselves. There was also a negligence of market risk factors with risk management not highlighting a number of transactions having no clear purpose or economic value.

Major risk events rarely result from one risk and most commonly involve a number of potential exposures all combining. Consequently insurers need to be more joined up in their risk management and more consistent in the way that risk is reported across the organisation.

For those individuals charged with the responsibility for enterprise-wide risk management, their task is made harder by the inconsistent formats that they receive their risk information. For example, interest rate risk may be reported as a single Value at Risk number, whereas regulatory compliance or operational risk may be expressed through a traffic light format. How is a chief risk officer, or indeed a CEO, expected to rank such disparately expressed exposures?

What organisations are now looking to do is to gather all of the various risk information in a consistent format for their chief risk officers to work from. So having a common framework for this process is crucial.
There are various initiatives in the insurance industry ICAS, Solvency II and, often, the Basel Accord all of which have contributed to the growth of risk and compliance teams. The chief requirement for all of these regulations is capital adequacy, meaning that insurers have to set aside a calculated reserve of capital to cover a number of potential risk scenarios.

However, regulators will say that they are not simply looking for firms to fulfil their most basic regulatory requirement and to set aside a defined sum of money to cover a list of risk scenarios. Instead they are looking for firms to concentrate on the methodology used to arrive at these numbers, and on ensuring that the risk management process is thoroughly embedded throughout the organisation and scenario analyses bring together risk information from all of the various risk silos.

Scenario analysis is one approach that firms are using to meet their regulatory requirements but effective scenario analysis is very much based on the ability to collate and correlate risk information from all over the organisation.

For the internal audit teams, their primary concern is to be more effective and to ensure that they are not simply repeating the work of the risk and compliance teams and are adding value by rigorously testing this work. Such a task requires access to this information and, ideally, to be using the same common framework as the risk and compliance teams so that information can be seen in the correct context.

We are seeing much greater independence and objectivity in the internal audit role, says Simon Rogerson, head of internal audit at Zurich Financial. In an increasing number of organisations the internal audit function is no longer confined to existing within a corner the finance department and has more direct communication with senior management.

The Role of Technology:
According to Rogerson, the use of technology to facilitate the evolution of the three lines of defence is a new development in the insurance industry. Because it has been hard to clarify the different lines of defence and their relationships, it has been difficult to build a business case for a new system and to build the necessary workflow around these different roles.
The situation is exacerbated by the presence of separate legacy systems in the business, risk and audit departments. Everyone is aware of the weaknesses in their own systems but this knowledge does not always translate across the three lines of defence. This leaves most insurers with two choices. The first is to go back to the start and design a new all-encompassing system from scratch. The second choice is a system that supports common processes and reporting while allowing each function to continue using specialist solutions that suit their own needs.

I think the successful firms will be those that recognise there are different functionalities in these different spaces but they are all able to communicate with each other in a common language and through common systems, says Rogerson. Observations can be shared and specific risk issues can then be discussed through an email exchange and summary reports can be automatically sent out to managers.

For internal auditors a lot of their work is manually-based, says Rogerson. But technology would enable us to do these things quicker and more accurately. The system would also enable us to make certain risk issues generic so that where a risk is identified in one office or department we can then alert all the relevant risk managers in other departments and offices to see if this risk has been recognised and if there are processes in place to manage this risk. By automating this identification of risk, it enables insurers to take a smarter, more efficient and more global approach to the internal audit function.

For risk managers it is about simplifying the process. They have a limited set of resources and want to make as much use of them as possible. In order to achieve this, it often means involving the business in carrying out much of the risk process controlled risk assessments through recording any losses or the breaches where these losses occur. By conscripting the services of their business colleagues, risk managers are able to concentrate on the value-added side of their work and their role.

There are also some wider benefits to the organisation from such a system and the principle behind it. The more that front-office staff is exposed to the mechanics of the risk management process, rather than being repeatedly petitioned for the same information from multiple parties, the more they are aware of its importance and their role in it.

Decades ago, total quality management was a fashionable concept in many organisations. The frailty of this concept was that in having a dedicated management team in this area, the rest of the business could assume that quality was no longer their problem but someone else's. This same misconception could be applied to risk and compliance, unless the business is kept well-informed of the risk management process and their own role within this process. Therefore it is important to make everyone realise that risk is their problem too.

Monday, May 21, 2012

Important Ideas In Starting Online Shops And Stores

As the first month of 2011 entered, online businesses is the perfect way to start up a business. Selling and buying of items and products and even services can be much hassle free than the traditional way.

Many are favorable to online shopping especially to busy people. They don't have enough time to go personally in department stores or shops to buy their needs that is why one of the successful online businesses today is having online shops and stores.

Online stores and shops is the process whereby consumers directly buy goods or services from a seller in real-time, without an intermediary service, over the Internet. If an intermediary service is present the process is called electronic commerce. An online shop, eshop, e-store, internet shop, webshop, web store, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or in a shopping mall. The process is called Business-to-Consumer (B2C) online shopping. When a business buys from another business it is called Business-to-Business (B2B) online shopping. Both B2C and B2B online shopping are forms of e-commerce.


Consumers find a product of interest by visiting the website of the retailer directly, or do a search across many different vendors using a shopping search engine.

Once a particular product has been found on the web site of the seller, most online retailers use shopping cart software to allow the consumer to accumulate multiple items and to adjust quantities, by analogy with filling a physical shopping cart or basket in a conventional store. A "checkout" process follows (continuing the physical-store analogy) in which payment and delivery information is collected, if necessary. Some stores allow consumers to sign up for a permanent online account so that some or all of this information only needs to be entered once. The consumer often receives an e-mail confirmation once the transaction is complete. Less sophisticated stores may rely on consumers to phone or e-mail their orders (though credit card numbers are not accepted by e-mail, for security reasons).

Like other online businesses you also be aware of what you have got and what are those negative side in this kind of online business. Here are some ideas and information you have to give importance.


Convenience includes the overall ease of finding a product, time spent on shopping, minimization of overall shopping effort. Online shopping allows consumers to shop at the convenience of their own home, and to save traveling time to retail stores and spend their time on other important tasks and hobbies. Researchers identify convenience as a 'fundamental objective' related to online shopping. This is relevant to 72% of online shoppers' claim that they would rather surf online than go to retail store to attain information about a product. According to a study, 72% of online shoppers chose convenience over privacy. In addition to ease of finding products online and shopping time reduction, consumers can shop without time limitation with 24-hr access at their convenience because the World Wide Web never closes. Also, consumers can exchange information online through chatting and discussion forums to help them make wise consumer decisions.

No need for vendors and no pressure to buy
Online shopping benefits both the society as a whole and individuals. The society can save human resources when consumers help themselves by browsing freely online instead of asking for assistance from vendors. In addition, consumers are freed from the pressure to buy from the vendors and can spend more time to make wise purchase decisions. But it is important that Web sites have good product descriptions because it is one of the significant conditions that satisfy consumers.

"Infinite shelf space" available
Consumers desire a variety of products because they look for the right product that will fully satisfy them. There is infinite variety of products available online because online shopping allows consumers to browse through products that are made all around the world without geographical boundaries.

Able to compare product price and features
With the online tools that enable product comparison, consumers can compare product prices and features to make a better decision with less effort. More details are included in solutions section.


Privacy and security issues
Privacy is the number one reason that non-online shoppers do not shop online. Almost 95% of Web users have declined to provide personal information to Web sites at one time or another when asked. Another recent study has found that privacy was the top concern of customers while security ranked bottom. This proves that many do not trust the privacy of the Internet and are concerned with their credit card feuds, unwanted solicitation, and use of their information for other purposes. Security of Web sites is not the top concern because many shop on Web sites that they trust so that other factors appear to be more important than security.

Expensiveness of the items
Most items sold online are very expensive compared to items bought in a physical, brick-and-mortar shop. This is because other than paying for the item, customers are also paying for its convenience such as delivery fees as well as taxes.

Another disadvantage of using online shops is that the items available on these online shops are normally only those available in the Philippines. Other items, such as signature clothing labels, accessories, and electronics, which are only found abroad, can only be sent through the use of packages, such as balikbayan boxes.

Product category risk
Product category risk is related to functional products such as apparel, perfume, and electronics, that have functions that cannot fully be experienced online. Online shoppers are worried that the products will not be what they have expected by viewing online. This is a clear disadvantage of online shopping because it shows that "the likelihood of purchasing on the Internet decreases with increases in product risk". Apparels in particular had negative rating in online shopping because of it is difficult to feel and see the texture of color online that is incomparable to going to a retail store, even with magnifying tools online. Also, one cannot try on clothing before buying it online, so it would be very inconvenient if the size did not fit the person and he/she had to return it.

Too many choices
Although having access to a very large number of products is highly desirable, consumers have limited cognitive resources and may simply be unable to process the potentially vast amounts of information about these alternatives. Online stores need to provide the variety in an organized way that will facilitate shopping online.

Much better to shop online only those products that you already know and use. So that you cannot blame any person or even yourself. Most importantly its really a waste of money if you just buy a certain product and then you'll just keep it or may be throw it away.

Saturday, May 19, 2012

Silver Libertad - Neglected And Undervalued Silver Coin Carries A Rich History

Probably the most underappreciated and ignored silver bullion coins is the Mexican Silver Libertad.

Most coin lovers along with other buyers invest in well-liked bullion coins including the U . S . Silver Eagle or even the Canadian Silver Maple Leaf and so are unaware of the beauty along with valuation on this excellent coin.

I can't imagine one more coin which design boasts from difficult struggled freedom to endlesslove to early quest for civilization much like the silver Libertad actually does!

Prior to diving to the specification of the actual coin, let's check out the unique design.

The opposite side of the coin showcases the particular coat of arms of Mexico, which is a golden Mexican Eagle that's holding a snake in its beak while he is perching on a cactus. The particular eagle is actually flanked by the wreath combined with words and phrases, Estados Unidos Mexicanos, the standard Spanish name for Mexico.

The coat of arms highlighted on the coin is renowned along with symbolic occurred because of the particular achievement of an time tested prediction.

In the days of the Aztec, ahead of the city was started, this particular group started to search the particular Mexican valley spot to reside.

The particular God they patronized revealed for them the fact that they {would understand when they had the correct place whenever they observed an indication. This indicator ended up being a good large eagle, located on a cactus, holding a snake in the beak.

And the Aztec created their particular fantastic city, Tenochitlan, in the precise region exactly where these people noticed The eagle. The region was really any swampy isle, in Lake Texoco.

the location eventually became thus so big as well as regal thatl conquerors coming from Europe whom discovered ended up dazzled because of it.

Tenochitlan became what's right now, modern-day Mexico City.

Currently let's glance at the obverse aspect of the Libertad silver coin.

The actual obverse side of the coin showcases the Angel de la Independencia. She's portrayed as rising in the air across the famous volcanoes of Iztaccihuatl and Popocatepetl.

The particular angel is a symbol of the freedom involving Mexico In the heart of Mexico City presently there stands a well-known column that is a symbol of both triumph and liberty. The actual angel is actually designed after this popular column generally known as Independence Column.

The identities of the volcanos originated from a pair of doomed, mythic Aztec lovers. Unfortunately, these two people became separated and ended up changed from the Gods into a couple of interlocked mountains to ensure finally they might be together perpetuity!

At present minted with the Mexican Central Bank, the silver Libertad is not legal tender and is regarded as a numismatic coin.

What's intriguing , Hugo Salinas, the Mexican billionaire, has been trying for a long time to produce a silver bullion coin legitimate money. His concept is to monetize and publicly distribute a one ounce silver bullion coin : especially the Libertad : combined with the Mexican Peso.

The particular proposition has been launched and passed by the 2009 Mexican legislature but unfortunately rejected from the Mexican Central Bank.

To summarize, I believe the Mexican Silver Libertad, with its fine .999 gold content and also prosperous, historic, style makes a beautiful supplement to any collector's portfolio. It's great for anyone who desires to own a small bit of history.

Commercial Real Estate Expert Knowledge On Holding And Closing Costs

When investing in commercial real estate, investors have to consider the projected costs surrounding their investment. A savvy investor must have a working knowledge of what the closing and holding costs for the property will be prior to committing themselves to the investment. Working on the purchase price, and the market selling price is simply not enough to make an informed decision on whether a property will be a sound investment.

Holding Costs
When real estate investors purchase property, their main goal is to sell the property for a profit. But during this process, the investor must take into consideration the amount of money they will need to pay out before the investment is re-sold. Holding costs are also known as carrying costs. When calculating the holding costs, investors must include the purchase price, and deduct operating income to come to an estimated figure.

Holding costs must be carefully considered when factored into an investment. Without calculating this cost, an uninformed investor could be faced with a disastrous situation. All to often, new investors only factor the purchase price, and the resale market value into their calculations. The result can be disastrous to the estimated profit margin if the investor must produce a further sum for their holding costs.

An example of such a situation is buying a property for 0,000 with an estimated resale value of 0,000. At this stage, the property would seem to be a sound investment with a very generous profit margin. But if the holding costs of the particular property over a six month period were to come to ,000, it could mean severe loss to the investor, rather than a generous profit.

Estimating Holding Costs
Investors must pay close attention to their estimated carrying costs before investing in a property. These include costs such as operating expenses, mortgage payments, capital improvements, as well as the selling costs of the property.

The best way to factor these costs before purchasing an investment property is to analyze the associated carrying costs over a six-month period by taking the sale price, and then deducting associated costs such as
Purchase closing costs,
Clean up and decoration of the property,
Mortgage repayments,
Resale broker commissions,
Resale closing costs

Take the purchase price, plus the carrying costs, and the total of the two should be deducted from the re-sale price of the property in order to get an estimation of the profit margin.

Knowing what to expect from holding costs should be one of a real-estate investor's main priorities when looking for a profitable investment. While these costs are important to factor, the savvy investor will always be able to creatively come up with solutions to decrease costs, or find ways to make an extra income from the property to make it more profitable.

Closing Costs
Closing costs are an estimate of the projected cost once the property has been resold. These costs are often calculated by things such as the lenders experience with the real estate industry, and the area being invested in. The closing costs are only an estimation, which can mean that they will change over the term of the loan.

The lender has no control over how much the attorney or title company will charge for their expenses, but as a rule of thumb, investors should be able to rely on the final estimated expenses to be close to the estimations given in their good faith estimation from the lender.

The closing cost figures, as far as the lender is concerned, should be especially accurate, although in a situation where there are significant changes in the loan program, or the borrower's qualifications, the closing costs could be inflated.

No Closing Costs
While closing costs are essential to factor into an investment, there are options available to remove some of the associated closing costs for investors. However, it is important to note that even with advertised no closing costs, there will always be costs, such as attorney fees, insurance, local municipality, and title company, that must be paid.

The no closing cost programs offered by lenders are an option that applies to things such as application, appraisal, credit reporting, processing, underwriting, origination, and discount points. These costs only factor into about a third of the total closing costs of a property. Even with a no closing cost option, investors may still be required to pay other closing costs, such as title insurance, attorney fees and county recording fees.

Friday, May 18, 2012

Obtaining Approvals For Second Chance Checking Accounts Online Successfully - The Top Benefits

Creating and submitting an application for a second chance checking account online is perhaps the easiest method to get an account started. Most financial institutions today have internet websites. This way, you save yourself time from visiting the bank physically which could take a few hours depending on the crowd.

In several cases, sending in a digital application is also essentially the most practical way. Some finance institutions may have very few branches in a state. It may be a good hour's drive one-way before you get to the nearest local branch. With the high gas costs, it is definitely expensive. Plus, it also very time depleting. Furthermore, some second chance banking institutions only do business online, so the only approach to open the account is on the web, which fortunately also happens to be one of the most effective.

Prior to you starting on the online application, it could be a good suggestion to check on the benefits that you will get with the account of choice. Also read the web site and when you have any question, you may want to read the frequently asked questions section for answers. Some of your concerns may not be the same as others so if you feel that you need extra explanation on something, you can ask the customer support phone line or contact representatives via e-mail to obtain clarification. You can check the availability of ATMs near you on the list provided. Don't rush through. Take time to understand every thing that you have gone through before you click to apply.

As soon as you have understood every thing and are completely ready to apply, click on the second chance checking accounts online application link or banner. We will to go over what the typical steps needed are. Every second chance bank is different, so expect some differences amongst different banks.

In most online applications, as soon as you choose to start the application, you will be directed to a start section that lists for you several actions that will be needed for the application. The first step to come up is typically the disclosure in which you'll agree to the areas the bank may or can disclose the details you supply them. You will find boxes for you to tick 'yes' or 'no' answer which you will answer yes should you want them to use the details for their advertising or other purposes. Just click 'no' should you feel otherwise.

Right after that is carried out, you'll be required to sign electronically and agree that you have accepted to receive information and that you intend to supply your information honestly. One crucial step to remember would be to print out a copy of the disclosure and application along with your signature before submitting the application online. When you have your signature on it, it indicates you have accepted the terms and conditions. This becomes a contract.

It is best to be honest and complete in providing all needed information. The more complete your answers, the less annoyance it might be for the back and forth down the road. Arguably, having nobody to assist oneself when filling in an application could the principal drawback to most in terms of opening an account online. Nevertheless, a lot of people are able to manage it.

Last but not least, to complete the second chance checking accounts online application, you might be asked to provide 1 or 2 forms of identification, conceivably copies of your driver's licence or other recognized photo IDs. Some banks may require notarized copies to be sent over. You may be asked to mail the application to the second chance bank and wait for some time for it to be processed. As soon as the application is approved, you ought to get an email approval. There may be a couple of final steps before the second chance account is officially opened. But by and large, you would have gotten the confirmation you need - that your application has been accepted and approved.

Thursday, May 17, 2012

Tips To Rebuilding Your Finances After Bankruptcy

Reestablishing yourself as a respectable borrower following bankruptcy can be difficult, but thousands of people are working on the same goal right now. Because of the difficult economy that we are all now a part of, there are many folks who have been forced to file bankruptcy in order to protect their most valuable asset - their home. Even non-homeowners who have assets to protect have been forced to file bankruptcy and are now in the process of rebuilding their financial future. You, too, can rebuild you credit from scratch - with perseverance and diligence, your future can be brighter than ever once your bankruptcy is discharged.

Common Products To Improve Your Credit After Bankruptcy

There are many types of loans that you might immediately qualify for once you have had your bankruptcy discharged. Although bankruptcy is a negative item on your credit report, lenders also know that your slate is wiped clean and you have no outstanding debt. Because you now owe nothing to anyone, you show a great potential to be able to repay them when they loan money to you or extend credit for your use.

Automobile Loans

You might consider taking out an automobile loan after bankruptcy. An automobile loan can be a great way to rebuild your credit and is one of the easiest loans to get for borrowers with your history because the lender has security interest in something of value when loaning you money to purchase an automobile - the automobile itself stands as collateral for the loan. You can also apply a down payment towards the purchase of your automobile - any type of down payment will make your loan application more approvable.

Personal Loans

Personal loans that are secured by a cosigner are also readily available to those who just come out of bankruptcy. When applying with a creditworthy cosigner, the lender will look at the credit history of your cosigner as well as your credit history to make a determination about whether or not to loan you money. Having a cosigner for your personal loan after bankruptcy will not only improve your chances of getting the loan, but also reduce the amount of interest charges that you will pay over the term of the loan as well.

Secured Credit Cards

Secured credit cards provide a wonderful means for you to rebuild your post-bankruptcy credit also. Secured credit cards are issued in the amount that is equal to the deposit you have placed with the issuer when you receive the card. You can get a secured credit card in amounts up to ,000 easily.

Online Lenders Provide Additional Savings

All of these financial products can be obtained with ease by using the services of online lenders. Online lenders have higher rates of approval due to the competitive lending environment that can be found on the Internet. In addition, because online lenders are eager to draw in new borrowers, there are additional savings to be had in the way of reduced interest rates and friendlier repayment terms.

Tuesday, May 15, 2012

Christmas in Austin, Texas

Like most towns during the holiday season, Austin brings out their festive lights. However, there are two areas in town known for displaying an awesome array of lights- 37th Street, and the Trail of Lights in Zilker Park.

Starting back in the early 80s, neighbors on 37th Street in Hyde Park came together to create a completely unique Christmas light experience that is creative, wacky, and fun- what today would be deemed as, "Keeping Austin Weird." Resident Jamie Lipman began wildly decorating his home, and his neighbors followed suit. Discarded motorcycles have been wrapped in hundreds of lights, bushes were sculpted into automobiles (including headlights), BBQ cookout scenes were created, and several strands of lights crisscrossed the street. From the rooftop of one house, massive amounts of lights were strung, and every 5 minutes a volcano "erupted" with a cloud of smoke, and the lights turned red, mimicking lava pouring down a mountain. Lipman would go all out, decorating his front and backyard, with thousands of lights, and covering his home in black plastic to have his homemade creations show up better and brighter.

Though the street has gained national attention for its creativity, it has gone through many changes in recent years. Old residents have moved out, and a new crowd moved in. Even Lipman himself moved from 37th Street last year, though he has offered to come back and help set up his famous lights. Time will tell if the new neighbors will keep the spirit of 37th Street alive.

Boasting 300,000 lights, The Trail of Lights is put on by the city of Austin, and grows bigger every year. The Trail of Lights was originally named "Yule Fest" in 1965, and is a one mile strip of static and moving displays located in Zilker Park. "The 12 Days of Christmas" display was the first created, and still holds a prominent position at the beginning of the trail. Many of the beautiful craggy oak trees have brightly colored lights from the bottom of their trunks to the tips of their highest branches. Along with the 43 lighted displays, shops selling trinkets, hot food and apple cider dot the trail. A variety of local dance troupes perform on the entertainment stage, Santa holds court for a throng of youngsters, and a massive Yule log burns night after night.

For most visitors to the Trail of Lights, their trip begins or ends at the Zilker Tree. Located just south of the trail, the Zilker Tree stands 155 feet tall, and is not really a tree at all, but one of Austin's original moonlight towers. The towers were erected in 1894 as the city's first illumination system, and 17 of the original 31 still stand. The tree hosts 3,309 lights, and children and adults alike can be found underneath the tree with their heads up staring at the lights, and spinning in circles until they crash to the ground. This year's tree lighting ceremony will be held on December 2nd at 6pm, with the Trail of Lights open evenings through December 31st.

Monday, May 14, 2012

Stock Trading As A Home-Based Business And A Quick Day Trading Strategy

Everybody is interested in the stock market and have looked into investing at one time or another. Whether you believe you do not have time to do it, investing in the stock market is quite possible for almost everyone. You can easily trade stocks at home. In the 1990s, trading was just for the rich. At present, a lot of people generate a comfortable living by doing this, sitting in the home doing virtually nothing. You no longer need piles of cash to begin.

Envision being your own boss and not having to be anywhere at a certain time. It is possible to stay away from rush hour traffic and the rat race. You'll be able to come and go as you please and you don't need to worry about job security. It is possible to achieve success through stock trading with hardly any effort on your behalf whatsoever.

Individuals can certainly develop their financial portfolios and discover everything about the stock market over the internet. In case you only have 0 to invest, that's a start. You can make your money up to over ,000 in a year in your trading account. If you're pondering quitting your job or making some extra money, this can be an excellent way for you to do so.

One can learn numerous things online nevertheless the stock game is easily the most lucrative and is also very interesting to learn about. How else might you turn 0 into 0,000 within a year? You ought to learn how stock market trading works and study as much about it that you can. Be sure you know the stocks you are looking at purchasing. Keep on top of everything. It is said that knowledge is power and power is everything. You are able to empower yourself and be financially set for life. It has never been easier to trade stocks at home and there's a lot of cash to be made.

It is very important to be smart and take your time when dealing with stocks. Do not jump at the first option that comes along. Carry out some checking first. There are numerous scam artists operating out there and you should take care. If you need a lifetime of financial security, perform a little research and homework and you're almost there already.

To hit your objectives in day trading, a person should be able to spot down and up patterns quickly in stocks they're looking at, nonetheless one question remains. What stocks do I need to be looking at? After you've learned this one method, you are miles in front of other traders who are not applying this method.

Leading day traders have what they call a Watch List. This watch list is the list they're constantly monitoring, searching for patterns that will show it would be the best time to purchase. Almost all a prosperous day trader's trades originate from observing stocks on their watch list.

What are the requirements for choosing a great stock for your watch list?

One important criterion is liquidity. A stock that trades at least 1.5 million shares a day is a great guideline. Even when the stock meets all of the other requirements, it does no good if you can't rapidly buy or sell your stock. This isn't too hard to look for because so many great day trading stocks trade in several millions a day. About 28 million in one day for the large liquid stocks. Keep off of thinly traded stocks. The Market Makers can manipulate their price movement too easily.

Next consider the volatility of stocks. An excellent stock for the watch list ought to be a highly volatile stock, as day trading profits are made when share prices change. Evaluate and do a comparison of businesses you are contemplating by day, week, and month.

High dividend stocks really should be taken off as well. Trading isn't a long-term investing approach, and the more dividends a company pays, the less cash they are re-investing in the corporation's expansion.

As soon as there is a set of prospects, choose between five and thirty to use on your watch list. Begin small in the beginning, and work your way up to more stocks while you gain self-confidence and experience using your watch list.

This strategy on it's own could earn you lots of money.

What Is Medicare Supplemental Insurance Plan E?

Medicare Part A and Medicare Part B, also known as original Medicare Part A and Part B, make up the federal government program designed to provide health-care coverage for people over age 65 and for people under 65 who are disabled or who are experiencing end-stage renal disease (ESRD) and require dialysis or a kidney transplant. Medicare supplemental insurance (Medigap insurance) Plan E is one of 12 plans designed to fill the gaps in original Medicare coverage. These plans are sold by private Medicare supplemental insurance companies.

While original Medicare Part A covers most hospital bills as well as hospice care, original Medicare Part B handles doctor's fees, medical equipment, diagnostics, outpatient care and certain kinds of rehabilitation. But there are important limitations. For example, inpatient hospital care coverage won't last forever, and once the original Medicare coverage runs out, you're on your own.

Supplemental Medicare insurance Plan E delivers all the coverage available through Medigap plans A and B. Thus, Medigap Plan E covers original Medicare Part A coinsurance the percentage of the cost of services after deductibles have been paid for which you are responsible. It also provides coverage for an additional 365 days of hospitalization after original Medicare coverage ends. Should you need blood, Medigap Plan E covers the first three pints each year. Original Medicare does not cover the first three pints.

For outpatient services, Medigap Plan E pays the Medicare Part B coinsurance, which is usually 20 percent of the cost of services after deductibles are paid. The amount is based on the Medicare-approved amount for the services. The Medicare-approved limit is the amount a service provider who has accepted assignment with Medicare can be paid. Included in the amount are any deductibles, coinsurance or copayments. Plan E also covers the Medicare Part A deductible, as does Medicare supplemental insurance Plan B. Plan A does not cover this deductible.

Medicare supplemental insurance Plan E goes beyond Plan A and Plan B by paying the coinsurance costs for a skilled nursing facility. It also provides coverage for preventive care and foreign travel emergencies. Unlike Plan C, in does not cover the Medicare Part B deductible, nor does it cover at-home recovery, as does Medigap Plan D.

All Medicare supplemental insurance companies must offer Medigap Plan A. They are not necessarily obligated to carry Plan E or other Medigap plans, and the requirements vary from state to state. However, Medicare supplemental insurance plans offered by different companies can carry significantly different price tags. Although a company carries Plan E, in other words, it could charge more or less than another company for the same coverage. It pays to shop around.

Sunday, May 13, 2012

Five Steps To Planning A Successful Business Exit

A business owner's exit is a once-in-a-lifetime transformation. We're not talking about selling a house or a car. This is a complex process that requires the technical expertise of a team of trusted advisors. The key to any successful business exit is planning. It must begin with personal reflection on the part of the owner regarding what he or she wants out of the business exit. Only then can the owner, along with his advisors, design an appropriate exit strategy. The five (5) planning steps outlined in this article are designed to help business owners define their personal goals, understand all the transfer options and work with an advisory team to execute a successful business exit plan.

Step 1: Define the Personal Goals of the Owner

Since personal goals intertwine so closely with the daily existence of a private business owner, it only makes sense to begin with the basic albeit crucial question, What do I want to accomplish with my business exit? The answer seems obvious--make the most money after taxes and fees. Often, however, it isn't this simple. Owners have nourished and raised their businesses from infancy; they typically care a lot about who will take the reigns. Family members might also be involved in the business. Their fate will also be dependent upon what the business owner ultimately decides.

Aside from money, other motives for a business exit can include transfers to family, transfers to employees, transfers to co-owners, partial transfers to gain some liquidity today but still run the company's day-to-day business, or an initial public offering. The decision often comes down to a question of liquidity. A substantial source of liquidity outside the business makes for a much easier choice.

However, more often than not an owner's wealth is tied up in the business. The owner must therefore balance his financial and interpersonal goals in order to find the best possible exit strategy. Therefore, an assessment of the range of values for the business is the crucial next step.

Step 2: Understand that a Range of Values Exist for the Business

The value of a privately-held business depends largely upon who buys it. It's not as simple as watching the ticker tape for today's stock price. The type of buyer can impact both the price placed on the shares (or assets) of the business and the tax consequences to the selling owner. Value (net transfer price) is therefore a range concept.

Internal transfers to employees, family, and co-owners provide fewer dollars up front, but allow for greater control of the business, continued income, and flexible timing and tax characterization of payments to the exiting business owner. By contrast, External transfers to other industry players, financial groups, or by initial public offering command more liquidity up front while the owner relinquishes more control over the Company and the timing and tax characterization of payments. A closer examination of the transfer options can help an exiting business owner determine the right balance of money and control over the future of the business.

Step 3: Examine the Options Available for the Transfer of Shares

There are seven (7) primary purchasers of privately-held business stock (or assets). Below are listed the Parties to the Transaction and Types of Transactions Available (samples; not a complete list)

Internal Parties:

Employees - Employee Stock Ownership Plan (ESOP)
Charity - Charitable Remainder Trust
Family - Gifting Program
Co-owners - Leveraged Buyout

External Parties:
Financial Groups - Recapitalization
Industry Buyers - Acquisition (at Synergy Value)
Initial Public Offerings - IPO (at Public Market Value)

Based on the primary goals defined in step one (1), an exiting business owner chooses the party to whom the business will be transferred. That designee, once chosen, will determine the limits or expansion of the Value. At the end of this phase, the process comes full circle as the Value (after taxes and fees) is matched against the owner's goals. If the two meet as one, congratulations! A successful business exit strategy has been devised. Now it's time to execute.

Step 4: Provide Full Financial Disclosure to the Buyer

This step isn't going to be easy on the business owner. Assembling financial records and presenting them to a buyer/successor is a very time consuming, very personal survey of how the business is run. It can be huge psychological block for many exiting owners. Remember, any savvy buyer (or successor) to a business will need to understand the financial condition of the Company. When an owner fesses up to any creative accounting they may have employed over the years to help build wealth and reduce tax bills, the process goes smoother. Full disclosure is the best path to a seamless process. There is an old saying - if the truth will kill a deal, then there is no deal.

Not only that, but it may reward the owner in the end. Full disclosure is not about passing judgment, but instead affords the buyer (or successor) an opportunity to assess the business's true profit potential. The astute exiting business owner will recognize this in advance. Why? Because most creative accounting practices depress the profitability of a business. Clear those away and the Buyer will recognize a higher earning power and in turn a higher Value for the Company.

Step 5: Assembling the Advisory Team No One Should Go It Alone

Planning and executing a successful business exit strategy is a complex process that requires the technical expertise of a team of trusted advisors. It's not the time to take short cuts or pinch pennies. Time and money should be invested in assembling the right team of advisors; a successful business exit is more than worth it. It should be viewed as an investment in success.

We must understand that business owners are independent self-starters. If they weren't, their businesses wouldn't be so successful and we wouldn't be talking to them. But some of their strengths and characteristics can lead many business owners to attempt the do-it-yourself business exit strategy. This can create an unnecessary drain of time and money on both the business owner and their business.

A business owner's exit is a once-in-a-lifetime transformation. It is an important milestone that is sure to provide any business owner with one of the most challenging yet satisfying sense of accomplishments.

So remember, planning is the key to any successful business exit because a proactive approach to an Exit Strategy is the only approach to a successful Exit Strategy. If you've come to the end of this discussion, you're already ahead of the game.

John M. Leonetti

World's Richest Real Estate Moguls

No matter what profession you are in, you will be impacted by real estate in some form or another. Whether you own, rent or sub-let, your life is impacted by real estate and the professionals or individuals that sell, manage or own it.

With that in mind, it would make sense that you just might be interested in people who have made it big in real estate. There are a select few in the entire world who have made their tremendous mark on the real estate landscape. Although, there were many struggles along the way, they arrived at that coveted spot of being a famous real estate tycoon.

Sarah Beeny is a developer and a host of Property Ladder, a British television program in the U.K. Beeny is a die-hard optimist and proponent for incorporating energy efficiency into building or remodeling.

Tim Blixseth is an American real estate mogul and billionaire businessman. He made a promise early on in his investment life to only collect assets, not liabilities, for the remainder of his life. He says he's stuck to that promise.

Donald Bren, according to, is the wealthiest real estate tycoon on the planet with a billion net worth. He currently owns hundreds of office buildings, along with 90 apartment complexes.

Conrad Hilton is the founder of Hilton Hotels. Hilton was known as a tremendous philanthropist who believed charity was a basic requirement for humanity.

Stanley Ho is one of the richest people in Asia. He's a Macau and Hong Kong billionaire and casino mogul.

Lee Shau Kee is recently most famous for losing around billion in net worth just in the past two years. Even with the huge losses, Kee continues to be noted as a real estate magnate as owner for Henderson Land Development. China's greater region still considers Kee as one of the area's richest people.

Ray Kroc is a entrepreneur who founded the McDonald's Corporation franchise. Kroc purchased all rights to the McDonald's name from the founding brothers Richard and Maurice McDonald. He took the franchise internationally to Japan and Germany in 1971.

Akira Mori is a famous Japanese real estate tycoon and billionaire. He's one of the richest men in the world. President and CEO of Mori Trust, his family's company owns real estate and hotels in Tokyo and all over Japan.

Minoru Mori is also a famous Japanese tycoon and billionaire. He and his brother Akira are sons to Taikichiro Mori.

Donald Trump is a famous television celebrity and billionaire real estate developer. Although his investments fluctuate with the waves of the sea, he always seems to come out on top.

Steve Wynn is a well-known Las Vegas casino and resort developer who developed some of the most opulent casinos and resorts in the City of Las Vegas.

Sam Zell's net worth exceeds billion. He is ranked 68th on Forbes' list of richest Americans. He co-founded Equity Group Investments LLC that launched Equity Residential and Equity Office Properties.

Friday, May 11, 2012

The Accounting And Finance Bsc Degree At The University Of Southampton

The Accounting and Finance BSc degree course is designed so that you will study the core concepts and methods of financial accounting and management accounting across all three years, supplemented by appropriate topics from the field of finance.

In year one and year two of this Accounting and Finance BSc, you will study a range of subjects that provide support for more advanced study in the final year.

You will be given a range of options to help you acquire the understanding of modern theories and empirical evidence relating to accounting.

The anticipated destination of Accounting and Finance BSc graduates is management roles in a wide range of private, public and third sector organisations (including social enterprises), particularly the most innovative students.

A small number of Accounting and Finance BSc students may form their own businesses on graduation, or within a few years of graduating.

However, the intent of the programme is not to encourage too-early business formation, but to develop wider enterprising competencies that will enable employability in a range of organisations.

Understanding better quality venture creation should be the result for students who choose this Accounting and Finance BSc degree course.
Understanding better quality venture creation should be the result for students who choose this Accounting and Finance BSc degree course.

The University of Southampton's Management School has an enviable record for producing high-calibre graduates who move quickly into good careers soon after finishing their studies.

The latest survey of Management School graduates showed that 89% were employed or undertaking further study six months after graduating.

Employers value the quality of our programmes and recognise the skills of our graduates. Many of our graduates go on to professional training and graduate management schemes, while others begin careers in management, accounting, finance or banking.

To discover more information about the Finance and Accounting degree course at the University of Southampton, simply visit the Management School's website at

Thursday, May 10, 2012

A Dental Expert Witness Can Help Establish the Duty of Care

As in any legal case, an expert witness service can help provide you with the right type of testimony that can support your claim. When a medical issue is involved, using a medical expert witness can help simplify complex issues for both you and a jury to understand. A medical expert can also help you assess the quality of your case before it even goes to trial and the value of the claim if one does exist. If the medical issue at hand is related to a dentist's work, then you can benefit from the advice from a dental expert witness.

One of the threshold issues medical expert witnesses can help you resolve is identifying whether the dentist in question has violated the duty of care owed the patient. Many dental malpractice claims never go before a judge because the medical expert can establish that any duty of care was breached.

Often, dental malpractice claims are based on a patient's dissatisfaction with the outcome of a procedure, which is a very different issue from malpractice. Any quality expert can help you distinguish between dissatisfaction and a failure of care.

In the scheme of these types of claims, there are four basic areas in which a dentist has a duty of care. These areas are general dentistry, cosmetic dentistry, TMJ therapy, and implant dentistry.

In general dentistry, a dentist owes a patient care that is reasonably prudent and would be expected of any dentist under similar circumstances. The same standard applies to cosmetic dentistry since it is not considered a sub-specialty by the profession.

Implant dentistry is likewise not yet considered a recognized sub-specialty, but it has been acknowledged that special training is required. So if the malpractice claim is based on a implant dentistry procedure, you will want to know about the specific training and practice background of the dentist in question.

TMJ therapy, designed to address Temporomandibular joint (TMJ) problems can sit between the reasonably prudent duty of general dentistry and some showing of expertise as with implant dentistry. While also not considered a sub-speciality, TMJ therapy can be complex and many dentists can make wild claims about their ability to resolve this issue. So a dental expert witness will usually explore the specific claims and practical results of the dentist mentioned in the claim to assess whether the duty of care was violated.

Assuming the dental expert witness can establish for a claimant that a dentist did in fact breach the duty of care owed the patient, the next step is to help the attorney quantify the claim. Very few dental medical malpractice claims ever actually result in an award to the patient, so you can use help to assess whether the potential award for the breach of care is worthwhile relative to the legal expenses.

Any physician expert witness should be prepared to address and be well experienced to handle both duty of care you should have received from your dentist relative to the service you were provided as well as the size of award you might reasonably expect. So discuss both needs with any dental expert witness with whom you meet.

expert witness legal firm providing case evaluations and expert reports. Call us today.

expert witness legal firm providing case evaluations and expert reports. Call us today.

Wednesday, May 9, 2012

Used Bike Finance

Now that you have made up mind to buy a used bike, your foremost concern is to take a loan in such a way that you feel no burden in repaying it. Taking this concern into account, there are many lenders in the marketplace who are providing used bike finance to every type of borrowers including bad credit ones.

You have secured or unsecured options in availing used bike finance. Under secured option you are required to place some valuable asset or the used bike you intend to buy as security with the lender. You should opt for secured used bike finance only when you require greater loan so that you avail the loan at lower interest rate for its easy repaying. Unsecured motor bike finance is a risk free borrowing as it is approved without any security. The lenders however will charge higher interest rate on unsecured used bike finance for covering risks. A comparatively lower rate is possible for good credit borrowers. You would be approved smaller amount as unsecured used motor bike finance. Repayment duration for secured or unsecured used motor bike finance is kept shorter ranging 2 to 5 years.

And do not worry about your past mistakes or late payments, payments defaults, arrears or as a results county court judgments against you, as such borrowers can always find lenders offering used bike finance to them. All you are required to do is show a convincing repayment plan to the lender mentioning your income and employment status. These days, lenders are more interested in repaying capability rather than bad credit of the borrower. You should however be paying high rate of interest.

Banks, financial companies and online lenders are main source of used bike finance. Make sure to compare their interest rate. Chances are that online lenders will provide you a low rate loan and that too in less time without charging anything on processing loan application.

Tuesday, May 8, 2012

First Step for Millionaires in the Making

There are roughly 9.5 million millionaires in the world, and it's more than likely 99.9 percent of them didn't get rich on their own.

According to the latest World Wealth Report released in June by Merrill Lynch & Co., the amount of worldwide millionaires jumped from 8.7 million due to a powerful global economy. The combined wealth of the world's richest is equal to .2 trillion, an 11 percent increase from 2005.

Expansion and emerging economies has played a tremendous role in the creation of wealth. The ranks are swelling in the United States and abroad, but the one truism about becoming a millionaire, whether it's in Europe, Asia or the U.S., is that you can't get their on your own.

My new book, How Come That Idiot's Rich and I'm Not, covers several topics, including how the rich attain their financial status through the help of others, which I call O.P. Power.

Some of the world's most successful individuals Donald Trump, Bill Gates and Andrew Carnegie didn't become a success on their own. They harnessed the power of other people, tapping into teamwork and surrounding themselves with those who had a common vision. If you attempt to do everything yourself, you will fail.

The study from Merrill Lynch predicts that by 2011, wealth among the world's rich is expected to eclipse trillion, rising at an average yearly rate of 6.8 percent. Nearly all of those who have and will become wealthy have assembled a dream team of individuals who represent both the power of the new entrepreneur and the seasoned professional.

After you've created the idea for getting rich, the first priority is to surround yourself with the people who can make that happen. Using their experience, their ideas, their time and their money is paramount to achieving success. You can have the vision on your own, but you're going to need to assemble a great team to realize that vision.

Monday, May 7, 2012

Mike Monaco-san Diego's Skilled Finance Investor

Michael Monaco has emerged in the form of skilled investor belonging to San Diego city. It was in 1983, that Michael Monaco started gaining his real experience as an investor at 18 years. This is considered as the year when Mike Monaco resorted to making contributions of his expertise at the position of an investor in the mortgage business belonging to family. Michael Monaco San Diego did the job of a loan officer and opted for broker license belonging to California real estate during 1985. The business of Mike Monaco was present on ground in 1994 as well as 1995. The company got popular for carrying out the activity of offering before credit scores associating with San Diego home loans.

In the year 1995, Michael Monaco San Diego led to the formation of Champion Mortgage. Licensing of the company was done in over 40 states in relation to retail loan initiation. The company belonging to Michael Monaco carries specialization in the area of sub-prime as well as equity credit line. The marketing of Champion Credit Corporation was carried out during the year 1997. This further continued with the founding of engine 2000, which is regarded as initial type of home loan credit judgment authorization engine software. A lot of significance was provided to the year 1998 during the business career belonging to Michael Monaco San Diego. The purchase of his investing company was done for an amount of 1.6mm. SUB 500 Mortgage was considered as the initial mortgage company founded privately by Michael Monaco in order to securitize mortgages less than 500 credit scores. Mike Monaco received a lot of popularity for being one stop retail lender of mortgage in San Diego. Michael is possessed with staff members that counts above 34 retail loan executives and gave training to them. These officers tend to serve in places as Riverside, San Diego, Los Angeles, Orange as well as San Bernardino. The authentic services as well as quality assertion provided to clients has converted Mike Monaco into a star in the field of mortgage as well as investment segment. Michael Monaco San Diego is dedicated to make a good name in trade but has provided him lot of success as well as popularity at earlier stage. His spirits could not be dampened by ruthless problems related to his health as well as colon cancer detection in his body for shining in the form of a good investor. Michael Monaco received a lot of victory in his undertaking.

Sunday, May 6, 2012

Select The Best Bin List

A bin list is certainly a great way for credit card verification and protection against financial frauds. The bin list helps the entrepreneurs to check the card data with ease and accuracy. A good bin data search tool allows easy and reliable search and verification.

Look for accuracy

The bin list can be of use only if the records contain accurate and complete information. Some free bin databases contain lesser bin numbers and obsolete details. Without complete information a bin list is practically useless and hence caution needs to be exercised while selecting the bin list for your business.

Check for reliability

Bin databases built from generally available information in the public arena will be less accurate and hence less reliable. Wikipedia search can give you the general numbers for a visa, Master Cards and deposit cards for generating a bin list but not all the necessary information needed to conduct a fine bin search. Any bin database gaining their information from authoritative sources therefore can support a qualitative bin list.

Choose configurability

The best bin list is often not the one with large number of bins. Wondering why? Even if the bin list contains a lot of bank identification numbers and the data is accurate, it will not be suitable if it is not compatible with the existing security software and accounting software. The same is the case when the bin database has a non compatible format too. Generally bin databases use a csv (comma separated value) format which is easily retrievable by other database software.

Go legal

A legally approved and licensed version gives you the peace of mind that other free bin databases cannot offer. Since you are getting access to the customer's personal and financial data, data integrity is the highest concern. This is one of the reasons why most bin software databases are linked to firewalls and security software which can prevent fraudulent transactions. The matter is much important especially in cross country transactions where the risk of identity theft and financial frauds are higher. Such a system also ensures the customers that their data will not be utilized for any other malpractices involving finance.

Free or licensed?

Some may choose free bin database over licensed ones. Of course, start up companies with limited transactions can settle to freely available bin list before they establish their business. However, once the business starts growing and reaches the masses across the globe, priorities need to be reanalyzed. An investment in a bin list is not a loss at any point of time whether start up or established one. Protecting the finances from losses is the concern of any investor no matter what the business nature is.

Lastly don't forget to check the review of the bin list that you have finally short listed. A review tells a lot about the past usage of bin database so that you can check whether it is ideally suited to your needs or not. For example, if you are running a travel agency, the cards which you process mainly will be travel cards. A bin list with all travel cards would therefore be more accurate than the one whose bin numbers involve more number of gift cards. A good selection is the first step into a hassle free secure financial future of your business.

Saturday, May 5, 2012

Case Scenario Exercise

1. Jean says that there are four internal auditors in the forest root domain. There are two internal auditors in each of the child domains. Each set of internal auditors has been placed in a global group within each domain. These groups are named IA_Main, IA_East, and IA_West after their respective locations. Jean wants all of the members of these groups to be able to access the same resources in every domain. What is the recommended way to configure this?

Create a universal group that all individual global groups can become a member of. This will allow each internal auditor to have access to resources granted to the universal group. Choose a name for the group that represents the entire company, such as HumongousJA.

2. The network administrators from the East domain want to know why the option to
create a universal group is not available in their domain. What can you tell them?

Universal groups are only available to domains that have a functional level of Windows 2000 native or later. When using the mixed functional level, you cannot create universal groups. In order to change the functional level, all of the existing Windows NT 4 backup domain controllers (BDCs) must be removed or upgraded. Once the domain functional level is raised, the two Windows Server 2003 domain controllers will no longer replicate the domain database to Windows NT 4 BDCs.

3. The network administrators from the West domain want to know why everyone
always recommends placing global groups into universal groups, instead of just
placing the users directly into the universal groups. What should yoti tell them?

Universal group membership changes cause forest-wide replication. If you use global groups in the universal groups instead of users, it is less likely that there will be membership changes to the universal groups. If instead you decided to place users in universal groups, every time a user was added to, or deleted from, a universal group, forest wide replication would take place. In most domains the user accounts are modified more frequently than the groups themselves. Once you are able to upgrade all the domain controllers in the forest, you'll be able to raise the domain functional level to Windows Server 2003, which would alleviate this issue and concern.

4.Jean approves a plan to hire assistants for each domain to create and manage user
accounts. How can you give the assistants the immediate ability to help in this way
without making them domain administrators?Place the assistants in the Account Operators group of the domains for which they are expected to be assistants.

5. Two employees have been hired to back up data, maintain the Windows Server
2003 domain controllers, and manage printers for the Main_Site. Which Builtin
groups will give these users the permissions they require to manage the domain
controllers? How should you set up their accounts and group memberships?

These users will need permissions assigned to the Backup Operators, Account Operators, and Server Operators. You should create a global group specifically for these users. For example, create the Maintenance_Main global group. Make that group a member of the Backup Operators, Account Operators, and Server Operator domain local groups. Then place the user accounts for these new employees in that new global group.

6. Two security specialists have been contracted to create group policy for the domain. They have no need to perform most administrative
tasks. How should you assign their group memberships?
Make them a member of the Group Policy Creator Owners domain group.
Exam Objectives in this Chapter:
Plan a user authentication strategy
Delegate permissions of an organizational unit (OU) to a user or security group

Friday, May 4, 2012

Getting A $10,000 Car Loan With Bad Credit Is No Longer A Neat Trick

Buying a new car can be a major challenge when the applicant has a low credit rating. Usually, a low rating is a consequence of some poor financial habits of the past, though increasingly honest people have been caught out. But even so, a ,000 car loan with bad credit is possible to get your hands on.

This is because, while low credit scores are troublesome in their own right, once the necessary boxes are ticket there is little chance of the application being rejected. In fact, getting loan approval is practically guaranteed if there is ample income and every step is taken to convince the lender the repayments will be made like clockwork.

Of course, a ,000 car loan is no small matter, and the need to repay the loan is likely to take at least 3 years. That is a lengthy commitment, and as such both sides of the deal need to make some careful calculations before anything should be agreed.

Providing Security

First and foremost, the ability to provide security as part of the deal can come as a major plus, in the eyes of the lender. This is because a ,000 car loan with bad credit carries with it some serious risks. So, the lender wants to be sure they will get their money back should the borrower default.

There are two kinds of security that can be offered to ensure getting loan approval. The first is old-fashioned collateral, which involves family heirlooms, equity and other property being offered in compensation in the event that the borrower can no longer make the repayments. This seems strange given that usually the car is considered the collateral.

The second is the inclusion of a cosigner in the application. This is more desirable in the eyes of the lender because a cosigner guarantees that the monthly repayments are made on time. With a ,000 car loan, the lender always wants the cash, not the collateral.

Terms and Conditions to Consider

Of course, there are some strict criteria applied to large loans that are provided to those with less than perfect credit histories. So, an application for a ,000 car loan with bad credit cannot simply be provided to anyone - they must pass the qualifying standards.

These standards relate to two key areas: firstly, the income of the applicant; and secondly, the interest rate that is charged by the lender. Only by satisfying both of these can the applicant hold out any hope of getting loan approval. For example, the income has to be large enough to cover the expected repayments and handle the usual monthly financial obligations.

The interest rate is influenced very heavily by the credit score that the applicant has. The lower the score, the higher the interest rate charged because the greater the perceived level of risk. And with high interest rates, the higher the monthly repayments - and it this that causes the problems. With a ,000 car loan, repayments can be as high as 0 per month.

Finding a Lender

The best place to go to is online, where there is a wide range of lenders specializing in loans to people with low credit scores. So, when seeking ,000 car loans with bad credit, the lowest interest rates and best terms are generally available there.

However, it is important to check out any lenders that may attract attention. This is because of the risk of scams, so visiting the BBB website is a very good idea. After all, getting loan approval is nothing to celebrate if it leads to a disaster. The risk is not just for the lender, when a ,000 car loan is sought over the Internet the borrower could lose out too.

Tuesday, May 1, 2012

Avail the Benefit of Payday Cash Loan

Cash loan provide immense financial benefits. Cash loan is necessary for every individual to fulfill the financial need. It is simply not possible to avail the benefit of a specific product or service without the help of cash loans.

It is the ultimate desire of every individual to gain the benefit of quick cash loans to satisfy our wants. Cash loan is necessary in case of emergencies and when one is in the need of cash on an urgent basis. Gaining access to cash advance facility enables one to satisfy day-to-day demands like car-repairing bills and hospital bills as well.

Important Considerations

One needs to bear in mind that the pay limit of cash advances is not high. The automatic question that creeps in the mind of every individual is how one can gain the benefit of fast cash loan. It is an encouraging aspect that one does not have to pay a high rate of interest. It is also necessary to pay the interest within a short span of time. Most of the dealers willing to provide cash advance facility do not make it mandatory to submit many documents to avail the benefit. There is least doubt about the fact that quick cash loan is indeed the real need of time. It is the earnest desire of every individual to gain the benefit of payday loans online within a very short time.

Legal Documentation

Legal documentation assumes paramount importance if one desires to opt for cash loan facility. Legal documentation assumes paramount importance as companies can verify whether a loan seeker is eligible for the proposed loan. Legal documentation serves as a real testimony to the fact that the borrower can repay the loan at the appropriate time. Documents that can act as legal credentials include address proof, types of paper and income proof. It is an encouraging aspect that unemployed youths can also avail the facility of cash advance loan. It needs to be clearly understood that cash loans do not strive to sell products and services. Cash loans also assist an individual to gain the benefit of the best deals to make a better decision while surfing.