Wednesday, November 21, 2012

Choosing a Career: Is it a Hard Decision to Make?

Choosing a career effectively is very crucial to obtaining success in the future. If you want to enjoy a more fulfilling life, then you have to decide on the career path that you intend to track in the future as early as possible. You have to start creating a very concrete and solid plan so your chances of attaining your dream profession will be increased. Through this, you will be enjoying your chosen profession in the future and the amount of money that you earn from it.
When it comes to deciding on the most suitable profession for you, you have to be aware that there are essential steps that you need to undertake. One of them is to think and determine the things that you enjoy doing. You have to assess your personal interests. Say for example, if you love figures, then the best professions for you would be those that are related to accounting and finance. You really have to find a career that greatly connects with your passion. This will increase your chances of succeeding while ensuring that your productivity, knowledge and income will also achieve proper growth.
Once you have become aware of your interests and you have already created a list of the possible professions for you, then the next step towards choosing a career is determining which among the possible professions is the most realistic. This means that you have to evaluate the available opportunities in a specific profession. You have to find out if you have a great chance of becoming successful in a career that you desire to track. If after making a careful scrutiny you realized that your chances of success is minimal, then you are better off choosing another of the career options in your list.
After selecting the most feasible career path for you, then you have to bear in mind that you will be required to complete specific levels of education in order for you to reach for it. You have to know that you will need to finish a degree so you will be qualified to work in the kind of profession that you have been dreaming of. Keep in mind that the level of your education will greatly matter when you start to seek for jobs. It will open a lot of career opportunities for you. Because of this, you have to be very determined to complete your college degree as this will definitely help you reach for your dreams.
In choosing a career, it is also advisable for you to think of your long-term goals. You need to make a list of the things that you desire to achieve in the future. Your goals should be in line with the career path that you intend to take or else you will have a hard time dealing with confusions. Once you have set your goals, then you have to keep them all in mind. Never ever forget your long-term goals as this will serve as your inspiration in undertaking the steps that will bring you towards success. You will then feel a strong sense of motivation to complete your education which is a huge help in reaching for your goals in life.

Tuesday, November 6, 2012

How To Spot The Best Disney Cruise Price

If you are planning to go a cruising vacation, Disney Cruise's offerings, as well as the Disney cruise price choices, certainly are something to consider. Disney Cruise Line caters to families by providing an array of entertainment activities aimed at cruisers of all ages. From wonderful shore excursions to excellent dining opportunities and on-board family cruise activities, the Disney Cruise Line never fails to bring families together during their cruise. With several special packages available for families, travelers can cut a good deal on their Disney cruise price.

The Disney cruise price encompasses almost all things available on board your ship. Starting with breakfast, lunch and dinner during the trip, it also includes soft drinks served during meals as well as between meals at the beverage station. The Disney cruise price also includes snacks and ice-cream served throughout the ship. Further, all the onboard activities fall under the Disney cruise price package. There are some elements of any cruise that invite extra costs. Typically, these will include shore excursions, phone calls, a visit to the salon or spa, video games and alcoholic beverages.

If you are shopping for a cruising stint with Disney Cruise Line, there are strategies you should consider in order to find a bargain on your Disney cruise price. Specifically, it pays to shop around for special offers, such as those including stateroom credit for incidental on-board expenses like those mentioned above. There are also many travel forums where fellow Disney enthusiasts exchange their best tips for getting the most bang for your buck when it comes to cruising. To find these forums, simply search the internet for the topic of your choice along with the word forum or message board. For example, search for Disney Cruise Price Forum or Disney Cruise Price message board (leave off the quotes during your search).

Another important point to consider is that the best discounts on Disney Cruises are often found through off-season discounts. This might make a family Disney cruise even more economical than you might have imagined.

Monday, November 5, 2012

Things To Look Out For When Deciding To Invest In Commercial Real Estate

Commercial real estate is any property that has to do with any aspect of business. Whether it involves selling, buying, renting or leasing properties, it is all part of business. Nearly every business in existence is housed in either a residential or non-residential area. Churches, shopping malls, hotels, hospitals, restaurants, and other places of business are all located on commercial real estate property. One example of this is commercial real estate in Chesapeake, Virginia.

To determine whether or not a property is located in the right area for a particular business, many prospective business owners may go to the local business zoning office, and search out this pertinent information. Another way to find out is to consult with a licensed real estate agent .

Commercial properties deal with properties for business in Chesapeake. Whether it is selling a house or leasing an office space. Many people will consult a Realtor during this time, especially if they're not sure about a transaction. This is not uncommon. Even when selling or buying a house that is in question, it is always wise to consult a professional in that area of expertise.

There are huge differences between commercial real estate and residential commercial estate. There are many issues that can arise out of the buying or selling of any property. Some properties may have liens or other issues such as ownership problems, or title verification. There may be unforeseen liabilities or risks that could be buried underneath the surface. These hidden surprises could result in the purchaser or renter spending hundreds or even thousands of dollars in legal fees. There are some properties that are located in residential zones, but a trained real estate agent will be able to decipher the law as to whether or not a certain type of business can be opened, and operated, in that particular zone.

It is important for anyone who is looking to invest in commercial property in Chesapeake to seek out the services of a qualified real estate agent or agency. There are occasionally illegal and fraudulent business ventures that prey on unsuspected and less than knowledgeable entrepreneurs. Many first-time investors make the mistake of thinking they have everything under control, only to run into problems later. A qualified agent can help someone in their purchase or rental and ensure that they receive the best price in today's market. They will go over contracts, check ownership status, and title or deed verification. Seeking the advice and service of a licensed Realtor makes good practical sense.

Friday, November 2, 2012

How Lean Can Benefit A Woodworking Shop

Everyone has felt the effects from the economic downturn over the past several months. Sales are down, income has been lost, profits have been reduced, and efficiency has been negatively impacted; resulting in increased operating costs. So the question becomes, what can be done to at least partially offset these economic issues? More importantly, what can be done to make my business even stronger once the economy improves? Well, most people understand that the key to survival and to building a stronger business is to develop and strengthen a loyal customer base. However, in order to do this, we must first understand exactly what our customers want, and additionally, we must understand what motivates them to want to do business with us. Think about it for a minute. When a customer buys a product, what do they want? They want the same thing we want when we buy something: quality (no errors), speed (on-time delivery), and reasonable prices (lowest possible cost). To be successful, it is important that businesses recognize that low quality (items with defects which need to be repaired, or reworks) and slow speed (product throughput or exit rate) are elements that make products more expensive. Note that these problems are contrary to customer expectations, and affect our ability to attract and retain long-term customers and to make a profit. So how do you achieve high quality, on-time delivery and low cost?

The answer can be found within the concept called Lean. Much has been written about this subject over the past few years, and many companies have embraced this concept and implemented lean within their organizations. Some have been successful; others have achieved moderate success. A few have failed along the way. So, what exactly is Lean and how can it benefit the small to medium size woodworking shop?

First, let's briefly take a look at the background of Lean. Lean has appeared under many different names such as Lean, Lean Manufacturing, and Just-In-Time. However, probably the best know name is The Toyota Production System, named after the company who successfully developed and implemented lean for many years to the point that it propelled that company last year to the number one position in automotive manufacturing. So can the system that made Toyota number one be applied successfully to a woodworking shop? The answer is a resounding Yes! The next question, then, is How? Lean eliminates the causes of waste, allowing processes to speed up product flow, improve customer responsiveness, and reduce cost; all of which are very important aspects to any successful business.
Although there are many, many aspects to lean, one aspect that can be addressed relatively easily in your shop is waste reduction. Waste is any activity that consumes resources (people, energy, machine capacity, etc.) but creates no value for the customer. Therefore, any element in the production of a product that adds cost and time that the customer is not willing to pay for is considered waste. In order to eliminate the causes of waste, we must first work towards developing what Toyota calls Eyes for Waste. Take a look around your shop by taking a Waste Walk. How many types of waste can you identify? Often we become so used to seeing something that we think that is just the way things are. However, that approach will not make you lean or help to reduce your operating costs. Simply stated, wastes (plural) drain operating cash out of your business. Therefore, the elimination/reduction of wastes is critical to the success of any business, no matter how large or small. Toyota's approach over the years has been to identify all the types of waste that drain cash out of a company and to attack those sources of waste. They have identified eight types of waste as follows:

1) Correction of product defects. This is the first type that readily comes to mind when we think about waste. It is making something with a defect, or something that is not acceptable in meeting customer needs. Look around your shop. Can you identify products that have a high defect rate? If so, ask your employees to document reasons for the defect (or defects) over a reasonable period of time. Look at the data that has been collected and separate it by cause. Do you see a pattern developing? Then investigate the most frequent cause(s) for the defect(s) and develop a corrective action plan to prevent the defect from occurring. The solution might be as simple as developing a jig or guide, making a machine adjustment or repair, cleaning, or developing a new procedure. It could be that all that is needed is a chart of machine settings or conversions by product.

2) Overproduction. This is the number one cause of waste. Since typical accounting systems treat inventory as an asset, why then would overproduction be considered waste? Overproduction is waste because something was made that is not currently needed. Cost was incurred to produce the product for labor, energy, material, etc., and to store the product. Storage space requires expenditures for buildings, lighting, taxes, insurance, racking, material movement equipment, maintenance, etc. Additionally, stored product runs the risk of becoming damaged, obsolete or lost. Get the picture? Money is tied up in something that has not been sold yet. This money could be better used by investing it for a return, using it in lieu of a securing a loan and paying interest, or using it to produce products that have a current demand. Look at your sales history and finished product inventory levels by item. Associate a cost with these inventory levels to see where the majority of cash is invested. Look for opportunities to reduce or eliminate tying up excess cash in slow-moving inventory.

3) Motion. Excessive or unnecessary motion is waste. Examples include multiple handling of product, movement of product from one area to another, and walking to get things such as tools, templates, setups, wood, glue, and components. Since the people using excessive motions are most likely being paid by the hour, guess what? You are actually paying those individuals to generate waste! However, it is usually not their fault. After all, they did not create the floor layout. In this case, a technique called a Spaghetti Diagram is useful in identifying motion/movement waste. Observe the person as they work and sketch a rough diagram of their work area. Draw a line with an arrow each time they go from one area to the next to perform an element of their job. Number each stop point in which work is performed. Then write a brief description of the work performed at each numbered stop point. When you are finished, chances are the diagram will look like a plate full of spaghetti! Work at eliminating or reducing wasted motions and walking (reduce the spaghetti) by locating needed items as close as possible to their point-of-use.

4) Material Movement. A Spaghetti Diagram can also be useful for moving materials. When the diagram is completed, examine it to determine how far and where materials are being moved. Are materials located near point-of-use (POU)? Can they be located in a better place?

5) Waiting. Idle time is waste. Do employees have everything they need such as materials, setups, components, tools, etc. available when they start a job? What about work instructions? Are work instructions, drawings, customer orders, etc. available when and where they are needed? Are they readable, understandable, concise, and accurate? Does the employee have enough information, too much information, and the right information provided?

6) Inventory. Excess inventory is waste. As stated above, it ties up operating cash that could be better used somewhere else; whether for earning returns, or used instead of borrowing money and paying interest. This does not mean that you can operate with zero inventory, however, it does mean that you should only have enough inventory on hand to service your customers until you can produce more of what they are buying. This will require you to work with your suppliers also to insure quick delivery on materials on an as-needed basis. As your business gets leaner (reduces wastes and develops faster throughput), strive to service your customer on a make-to-order basis, rather than relying on stockpiles of inventory.

7) Processing Waste. This type of waste falls under the category of over-engineering. Every processing step that a product goes through adds cost. Is the extra processing step something the customer really needs or wants? You may think that they want it, but have you really asked them? More importantly, is this additional cost for the extra processing something the customer is willing to pay for?

8) Underutilized People. Are you taking advantage of the knowledge, ideas, experience, and suggestions that your employees have to make improvements? If not, you may be missing out on one of the most important assets you have at your disposal to implement continuous improvement ideas and reduce operating costs.

There are many different aspects of lean, and instilling a lean culture within your shop is not something that just happens overnight. However, by applying the lean principle of waste reduction, improvements can be realized in your operation and a competitive edge developed; all through the benefits of shorter lead times, less material handling, lower cost for storage and floor space, and fewer customer service activities.

Monday, October 29, 2012

Business Loan: How to Take Full Advantage of Business Loans

Before applying for a business loan, prudent business people look into the various aspects of borrowing, ensuring cash flow and business success in the long term. Careful planning is the first step in applying for a business loan. Business financing available from lenders can be long term, 30 years or more, or short term, less than five years. The key point in planning a business loan or securing business financing is the projected cash flow. An even better option is to get your written business plan analyzed by knowledgeable professional investors or business professionals. There is a charge for this, but paying the consultancy charges is much less expensive than future business loss and going bankrupt.

Business loans are not easily given out to start ups. This is because banks and lenders worry about their money. Without showing any operating history, it is extremely difficult to get any business financing at all.

Thus the very first step, even before thinking about a business loan, is to look at the frugal route. It is pretty tempting to pour all of the initial capital into any project that comes your way. Don't fall victim. The best way is to test the waters with minimal spending. It is not absolutely necessary to spend big dollars on cosy furniture, flashy cars, and the highest performing computers and printers. Cut out as much as you can. Used furniture is not bad to start out with as well as used vehicles. Instead of costly computers, you can look for cheaper alternatives. Start small, but firm. Spending your initial borrowed money on depreciating assets is in itself not a good business decision.

Great stories of successful businesses start with a business loan secured from friends and relatives. Your own savings account is another source of the initial capital investment. Don't discount any source of money for the sake of a business loan. Only after completing an operating history of more than six months can you go to a bank and demand business financing.

If you can convince your business loan lender even before starting your venture, you will have a pretty tedious task of submitting a business plan, complete with market overview, and customer behaviour and trends. You will also need to submit personal financial statements. Your personal property will be asked for as collateral for releasing the loan.

It can be a bit confusing to pick the right business loan. There are specific niche business loan programs. Finding the perfect lending program enables you to quickly secure the loan. Thus, just as you did your market research, you also should conduct business loan research. What types of loans are available to you and what amount you can request for your project are the things you must have a clear idea about before applying for the loan.

Who said getting a business loan is an easy task? It is not. You will not think about the easy routes if you have the real entrepreneur spirit in you.

Friday, October 26, 2012

2008 Market Crash Recap

2008 is over at last. It has been an extremely turbulent year and everyone's swept under its currents such that it was hard to see what actually happened, so, here's a recap of what happened in the stock market in 2008.

Summing up, the Dow lost a total of 4488 points this year, down 33.84%. The Nasdaq composite lost a total of 1075 points, down 40.54%. The S&P500 lost a total of 565 points, down 38.49%. The more volatile Nasdaq Composite became the loss leader this year just as it is expected to be the gain leader in a rising market, so, no surprise there. Both the Nasdaq Composite and the S&P500 went lower than the low of the last crisis in 2002. Only the Dow managed to stay above the last crisis level marginally. I had expected it to also make a lower low but it did not.

How did it all begin? Indications of this 2008 market crash actually started showing up as early as July of 2007 when short term bond yields begun yielding higher than long term bond yields in a bond yield curve that is almost perfectly horizontal above the 4% yield line. Such a bond yield curve indicates excessive optimism in the capital market as the 20yr bond hit an all time low price (relative to recent years). Bond prices go down when demand for bonds goes down. Demand for bonds goes down when capital gets reallocated, usually into the equities market (for simplification sake), resulting in high bond yields. At that time, the Dow was trading well above the 13000 points level, just one step from the 14000 level resistance which marked the beginning of the 2008 market crash. At the same time, foreclosure rates had been and continued to rise nation wide, putting pressure on the value of the most complex derivative instrument ever created amongst investment bankers, CDOs or Collateralized debt obligations.

All 3 major indices hit their peak in October of 2007 and begun their long retreat. The retreat didn't look at all menacing for a start as all 3 major indices backed down to their respective short term support levels and even rebounded slightly, making it all look like a classical pullback in a strong primary bull trend. At that time, the Fed's still all confused with what to handle, inflation or growth, and talks of Stagflation begun showing up as real GDP went sideways in Q3 2007 and then retreated in Q4 2007. This was when 2 groups of economists; Recession Talkers and Goldilocks, begun their battle of tongues over the major wires. Of course, now we know who knew better. Sensing danger, investors begun taking positions in bonds once again, bringing bond yields down from their previous highs. The Fed also begun taking Fed Fund Rate down from its high of over 5% in August gradually (too gradually, argued by some economists). At this time, a perfect storm is brewing as the more the Feds cut rates, the lower the dollar goes and the higher commodities prices went (as well as prices at the pump of course), putting further pressure on the real economy.

The first warning sign of a recession surfaced in January 2008 as unemployment rate hit 5% for the month of December 2007. 5% is a psychological level that says that something might be wrong in the economy as full employment rate (normal unemployment with minimal cyclical unemployment) is around the 4.5% level (number arrived at from my own research). That was probably one of the catalysts that caused all 3 major indices to break their respective short term support levels downwards in the first month of 2008, threatening the integrity of the primary bull trend that was in place since 2003. At the same time, inflation continued to be a problem as oil continued it march to the 0 per barrel level while talks of CDOs becoming worthless due to significant doubt about the fixed income ability of mortgage loans built into them begun hitting the wire. In fact, it was around this time when analysts begun finding CDOs being over-rated by rating agencies (well, like one of the high profile analysts said, they belonged to the same club).

By February of 2008, it has become apparent from the charts that the intermediate term bull trend has been compromised as investors rushed for quality, depressing short term bond yields to almost half of what they were just a couple of months ago. On the charts, however, it could still be argued that the Dow merely made its first major intermediate term correction since the primary bull trend started in 2003. Such a technical correction is also an acceptable argument under the Dow theory as some technical chartists expect the major indices to make a rebound from that level, which, did not happen (even though the Dow did rebound just a little bit for a couple of months as technicians took position). At this time, however, the economy's already not looking at rosy as it did just months ago with rising unemployment, lowering durable goods order, rising oil price and a dropping GDP. Signs of trouble also begun emerging in the investment banking sector as major investment bankers started changing CEOs and writing off worthless CDOs and subprime loans. By this time, the Fed is beginning to get it that the economy is in real danger but has yet to take major actions on the fed fund nor to take coordinated action with central banks around the world. The dark cloud also spreaded into stock markets worldwide, making it obvious that this is not only an USA crisis but a world crisis.

By July 2008, investors were convinced that the economy is indeed in a recession (at last) and the credit crisis is deeper than most has expected. All 3 major indices made their first significant downwards breakout, totally disintegrating the previous primary bull trend, and stated without a doubt that the bear has arrived. All hell broke loose after that as Lehman Brothers closed down, unemployment rate soared and real GDP went negative. Investors begun rushing for the door, taking major indices down by a greater magnitude each month. The Dow was down 9% for the month of September and over 17% in October. At the same time, as aggregate demand drops in the economy, so did demand for oil as crude oil price dropped like a rock from its high of 0 per barrel all the way to below , taking CPI along with it. The US dollar also took a surprising turn and surged upwards against major currencies for months, wiping out forex traders trading on the "short-the-dollar-golden-strategy".

Right now, commodities prices are at lows that was not seen for decades, bond prices has formed a bubble waiting to be burst and unemployment rate has reached higher than the previous crisis. Talks of write downs are also disappearing. This is certainly the best time for enterprising companies to take advantage of better prices and start hiring once again. In fact, purchasing by companies are already picking up slightly as indicated by the latest PMI number. All the ingredients needed for economy recovery seems to be in place and I suspect we should see some real signs in 2009. 2008 has done a good job of quickly and mercilessly draining waste from the economy instead of making it a prolonged agony. With stocks this low and bond bubble waiting to be burst, the stock market definitely has a lot more upside potential than downside potential right now. Let's say a nice goodbye to 2008 and welcome 2009! :)

** I am sorry if I did not include many of the other major events that contributed in the 2008 crash as I intend to keep this as short as possible while correlating events in the economy to the stock market.

Thursday, October 18, 2012

Government Subsidized Internet

There are some internet programs that are specifically designed to increase broadband access in rural areas. A Federalprogram instituted in 2009 is partially designed to bring broadband internet coverage to rural areas. These are areas that typically do not have a great deal access to broadband computer technology.

One of the programs that has been designed to bring broadband to rural areas is the Exede internet service. Exede is designed and developed with Wild Blue Satellite Internet technology. Rural subscribers can get this internet at a reduced price and can get a great deal of data at fast speeds and low prices.

Rural broadband was instituted in 2009. It made 7.2 billion dollars available for development of these resources. The money was made available to Rural Utilities Service or RUS. Dollars were also provided to another agency namely the National Telecommunication Information Administration, also known as the NTIA, to increase broadband internet as a way to spur jobs and investments in the infrastructure.

There are many iniatives as part of this program. Some of the other infrastructure items the grant covers includes public computer centers,and other sustainable computer programs. This rural broadband initiative goes by the acronymn BTOP.

Many rural areas applied for funding under this act. It is also sometimes called the Broadband Intiative Program also called BIP. Rural areas are encouraged to find information on the loan and guarantee opportunities within this act. There is a certain segment of BIP that deals with the Broadband loan mortgage and guarantee program. Program information can be seen online, at specific websites.
One of the important pieces of information for rural businesses looking to take part in a government program to understand that receipts should be kept as part of the process. The Davis-Bacon act explains the fiscal portions of this act.

One can see examples ofapproved funding applications in alibrary, that is sponsored by RUS.

Individual Funding

In certain cases, households may qualify to get individual funding under the auspices of the broadband act. For individuals looking to get broadband via satellite as previously mentioned,Exede internet can be provided to individuals at certain addresses. They get free installation of their equipment, and can also get a reduced payment of 39.99 per month. This is 10 dollars less than the regular price for the technology.

One can go to the Wildblue website and can see if their address qualifies for these special services under the Exede program. Alternatively, they can call the provider and give their information. Wildblue will tell the indiviual if their address qualifies for this special program. It simply can not be easier to do. Unfortunately, many consumers do not know about this program.

Those who live in rural areas and have despaired about the quality of internet services provided for them, can be pleased that programs are now available to help them. Government Provided Satellite Internet Services are making rural broadband possible. The money is available and can be utilized to help rural businesses and consumers get the internet services they desire to obtain.

Monday, October 15, 2012

Guerrilla Loan Tactics for Small Business Finance

Although the suggested actions in this article might be seen as a last resort to be undertaken only when all else fails, in reality these suggestions should probably be considered by most commercial borrowers in the early stages of their commercial financing search due to the growing failure of banks to provide a normal level of business funding. The necessity of resorting to guerrilla loan tactics has been accelerated by the decreased performance of commercial banks in providing effective small business finance programs. Hopefully this report will serve as a short survival guide for business owners when they are seeking small business loans.

Business Consulting as a First Line of Defense

To put it succinctly and candidly, the current commercial lending climate is no place for amateurs when dealing with more complicated small business finance programs and banks which predominantly are not functioning in a normal manner. The use of business consulting and a commercial finance expert should be considered as one way for business owners to overcome a substantial information gap. A business consultant experienced in the ways of overcoming small business loan problems is a pragmatic solution to a situation that most commercial borrowers would admittedly prefer did not exist in the first place. A business consultant with an appropriate level of expertise will normally require a business owner to pay a reasonable fee for their specialized services. This professional cost will typically be justified when compared to the potential financial damages if specialized help is not acquired.

Determine Whether Your Bank is a Good Bank or a Bad Bank

We have published a separate report about the growing need to determine if a commercial bank is a good bank or a bad bank. The most practical gauge for defining whether a bank is good from a small business owner perspective will often be guided by whether the needed commercial financing can be provided or not. Although banks have been broadly proclaiming that they are providing a normal level of commercial funding, in reality there are multiple reports indicating otherwise. An experienced business finance consultant can serve as a valuable resource based on their advanced knowledge of which lenders are truly active in making working capital loans and commercial mortgage loans. If a particular bank is in fact not providing commercial loans as usual, it certainly might be because they do not have sufficient resources to do so. While this bank might not feel they deserve the bad bank label, our perspective is that results count. On the only scorecard that matters to most commercial borrowers, the small number of good banks will gradually become obvious based on their healthy business lending habits. In the meantime, business owners should expect to need some professional help in finding these few remaining good banks.

Be Prepared to Fire Your Bank and Your Banker

For small business owners, the idea of firing their banker has perhaps not occurred to them yet. The average business owner often thinks of their banker as one of the family or at least a close business partner. But with a guerrilla business loan perspective that is appropriate in the midst of banking chaos currently seen almost everywhere, small business owners must increasingly look out for their own best interests because it is unlikely that their banker is up to the task anymore (even if their commercial banker is their best friend). An escalating number of times when their commercial banker is unable to achieve the results which were originally offered or discussed will ultimately serve as one of the most predictive signs that a commercial borrower might need to fire their banker.

Business Cash Advances and Other Options for Working Capital

For small businesses to survive in an erratic economy, the use of guerrilla loan tactics means that some small business finance options which borrowers previously ruled out because they were considered too complicated (or too expensive) might deserve a second look. A key example of a commercial financing strategy which has frequently been a Plan B for many merchants but often not utilized in their final choice for acquiring more working capital is a business cash advance program (often referred to as credit card factoring). The use of credit card processing to obtain working capital cash now has more practical appeal for the typical small business owner who needs more cash for their daily operations, particularly if they have been subjected to an increased requirement for collateral and a sudden reduction in business lines of credit by their commercial lenders.

More Guerrilla Tactics for the Small Business Survival Guide

This brief discussion was intended to illustrate the importance for small business owners doing whatever it takes to survive in a tough business climate. The guerrilla loan tactics noted above will be a good starting point for most business owners. But there are more commercial loan options which should also be considered by commercial borrowers before finalizing their commercial mortgages, small business loans or SBA loan financing.

Friday, October 12, 2012

10 Ways To Grow Or Expand Your Business

In these tough economic times, it is more important to look at different ways in which you can grow business wisely. This can be done in a variety of different ways. In growing your business effectively, it will be important to look at several different aspects of your existing business. Are you financially sound to take on this new project? Have you sought out the perfect location? Do you have a plan of action in place? All of these questions are integral in assuring that your business will be a success. Let's go into a little bit more detail on the ten best ways to grow your business.

The first step is to know your market. If you are looking at growing your business and possibly adding other locations, it will be important to know who you are catering to. Make sure that the products or services that you are offering will be adequate for the needs of the consumer.

Second is to know what your financial availability is. Often, the business owner may have the right intentions, but it may not be feasible for the moment to grow or expand the current business. There is the possibility that waiting and planning will actually be in your best interests.

Third, you will need to make sure that your employee needs are covered. Can the existing staff accommodate an increase in work? Will you need to hire more staff? Have you trained the existing staff to take leadership roles if need be? These are all answers in which only you can provide.

Fourth is to know whether your location will suffice for the growth. Will you need to add a location? Would it be better to buy or lease a larger location or should you add on to the existing location?

The fifth best way to grow or expand your business is to make sure that your support staff is in place. You will need people who are organised and professional in order to build the base on which you can make your business a success.

Sixthly, you need to keep up to date with all your financial obligations and ensure that they are all being dealt with and upheld in a professional and timely manner.

The seventh item would be to look at your procedures and if need be create a new organizational structure. This can be done through joint ventures, mergers, and acquisitions which can help grow and diversify your business. Eighth

The eighth way to improve your business is to analyze all aspects of your business, products, suppliers, clients, areas, etc. Try to phase out any areas that are not making a profit and incorporate more of the successful areas into your business.

Ninth is to look at the value of your company as a whole and try to increase its market share and diversify your client base and increase in areas that have been previously unexplored.

And last but certainly not the least is your time! Do you have the time that it is going to take to make this happen? Often, during the expansion of business, the owner will find themselves devoting just as much or more time to the growth process.

Saturday, October 6, 2012

Factors to Consider When Choosing a Bankruptcy Lawyer

Bankruptcy is a legal state of an individual or organization failing to pay debts owed to others. Bankruptcy lawyer is a legal expert who helps in giving legal support to individuals and organization undergoing bankruptcy process. Bankruptcy lawyer helps in giving a legal support to parties undergoing bankruptcy process. Due to the complex nature of this process, Bankruptcy lawyers are necessary in giving counsel in these legal matters. Due to the legal expertise required in bankruptcy process, it is advisable for one to consider a number of factors when choosing a Bankruptcy lawyer.

Just like any other lawyers, Bankruptcy lawyer may also have busy schedule due to the nature of their duties and responsibilities. Therefore, availability of a lawyer is a major factor that has to be considered before choosing one. It may be necessary to understand a bankruptcy lawyer diary, so that one in need of their services will get an insight of their availability. As far as duties of a Bankruptcy lawyer, they are involved in various activities such as giving their clients legal advice and reviewing court hearings. Such duties require much commitment of their time, which therefore, necessitates a guarantee of Bankruptcy lawyer availability from onset after seeking his or her services.

Cost is another factor that one has to bear in mind when in need of an attorney. Various attorneys will charge varying fee depending on the nature of their experience and specialization. Clients seeking services and assistance of such lawyers have to bear in mind the amount of resources available to be spent in obtaining the legal services.

In addition, qualification and experience is another vital factor that has to be considered in selecting a Bankruptcy lawyer to guide in bankruptcy process. Lawyers with higher academic qualifications are generally perceived to perform better and give better results. Experience in terms number of years in providing legal services in bankruptcy processes also influences their selection. Attorney with a track record of performance in bankruptcy cases is likely preferred when it comes in obtaining services of such legal expert.

In fact, it is advisable to choose an attorney who operates from a known law firm with a reputation. Inexperienced bankruptcy lawyers may be costly and inconveniencing if consulted for their services. It is necessary to talk to people you trust like family members and friends in determining the experience and qualification of a Bankruptcy lawyer. Lawyers who are known for long time to be top performers should enjoy top priority when it comes in hiring their services.

It is also important to consider the client - lawyer relationship before choosing such a lawyer. One should get a lawyer whom they are open and compatible to. A good lawyer listens and understands every issue and concerns of their client. A lawyer with passion about their work has a higher preference than one who is committed and lacks dedication in their work.

In addition, time is of great essence in choosing an attorney. Client seeking to file their bankruptcy cases and other processes in a short duration of time have to get a time conscious attorney. Lawyers who cause unnecessary delays and time wastage have to be avoided. A smart attorney should give accurate time prediction that the bankruptcy process will take. It is uneconomical to hire an attorney whose services extend over a longer period of time before the bankruptcy process is completed.

The other important factor to consider in choosing a bankruptcy lawyer is the legal requirements. It is very important to choose a lawyer who meets all the legal requirements in their field of operations. Bankruptcy lawyers who are not recognized by law and lack right certification and recognition by relevant authorities should be avoided at any cost.

It is worthy to note that the success of a bankruptcy process partially depends on the choice of a Bankruptcy lawyer. The right choice enables a client to get legal services and this therefore influences the expected outcome of the bankruptcy process.

The Bankruptcy Attorney in Orange County will definitely help those people if they have filed for bankruptcy so that, the common people do not get over burdened with the debt which will be impossible for them to pay back. Click here for Bankruptcy lawyer Orange County

Experienced bankruptcy attorneys in law matters are likely to charge a higher amount compared to less experienced attorneys.Visit for more details.

Thursday, October 4, 2012

The Benefits of Equipment Leasing for Small Business Owners

If you are a small business owner, equipment leasing can be the perfect way to save on upfront costs so that you can conserve your money for other important needs. Leasing is essentially renting equipment for a fixed monthly payment allowing you to enjoy the benefits of ownership without having to absorb its responsibility and costs. Since leasing companies usually do not require leasers to provide a down payment, you can save money on your initial equipment expenses. And, depending on the contract, you may even enjoy tax deductions on the cost of leasing.

The leasing industry has been booming lately in the wake of difficult financial times as many companies look for ways to cut down their costs. Although it may cost you more in the long run to rent as opposed to buying the equipment outright, some equipment leasing contracts also provide you with the option to buy the equipment at a depreciated price once the lease term has expired. If you do not need updated equipment this may save you money as you can take ownership of the equipment for a lower price and still use it for a number of years before it has to be changed.

There are two major kinds of equipment leasing contracts for you to choose from:

Operating leases. This type of lease contract allows you to rent equipment without any ownership rights for a relatively short term. While the leaser does not have to absorb any of the responsibilities of ownership they also do not gain any benefits from the lease, such as declaring lease expenses as tax deductible.
Capital leases. Also known as a conditional sales contract, this type of lease is undertaken by leasers who are interested in taking ownership of the equipment once the contract has lapsed. The price of the equipment can be added to the monthly payments, allowing you to pay for it over time and own it at the end of the contract. These lease contracts may also have terms for early termination, at the end of which you can buy the equipment at the prevailing fair market value.

Both types of equipment leasing contracts have their own specific benefits. For example, an operating lease has a relatively short-term, allowing you to quickly update your equipment by entering into a new lease contract once the old one has expired. On the other hand, a capital lease allows you to enjoy the benefits of the equipment without having to tie up your capital to pay for it.

When entering into a lease contract, make sure you study all the provisions carefully to ensure that you understand what you are entering into. In particular, look at the other fees that the lease company may be charging in addition to the monthly lease payments, such as late payment fees and early termination penalties. You should also look at the type of support the equipment leasing contract offers you such as regular maintenance of rented equipment and replacement provisions if there is a problem with the equipment.

Saturday, September 29, 2012

How To Use Subdomains To Rocket Your Pay-per-click (ppc) Profits Upward

Subdomains are domains set up almost as folders within the main domain. For example, what if your main domain is:

The Subdomains could be:

From these examples it's clear that they're often used to focus on a subcategory of the primary domain. This application for the purposes of SEO will have to wait for a different article. Right now we want to examine how they can be used to raise your Pay-Per-Click (PPC) or Paid Search profits. But you should know the Why' first.

Why would you use subdomains for your Google AdWords campaigns? There's a couple of reasons. Number 1, they allow you to get another occurrence of an important keyword into your ad. Let's say you're a real estate agent. You want to match your ad copy and content to your most important keywords, and their markets, as closely as possible. Here's what you'd do.

For your business prospects you'd create a subdomain like this one:

This insertion of Commercial' clearly communicates that you serve business real estate clients. The space you have to work with in a Google AdWords ad is very limited. Therefore any extra keyword mention can be very valuable to you. After all, most searchers who are looking for space for their shop or business are going to use that word, Commercial', when they're searching in Google. It just makes sense because that's how most define and label that type of real estate, right? But that subdomain gives you more than just that bump up in searcher's minds

The AdWords Built-In Advantage

You might have noticed that Google bolds the words in your AdWords ads when they match a search term a searcher has used. So when someone has searched for Commercial real estate agent', all occurrences of any of those 4 words in your ad will now be in bold type. And that benefit extends to terms in your URL. If you haven't noticed, Bold Type makes things stand out.

Anything that causes your ad & your message to stand out on that search page is an advantage over your competition. You need to grab any and every edge you can get in business because that can be the difference between success and failure. That's why this is something you need to think about.

What You Give Your Pay-Per-Click Visitors Matters. A lot.

That's not the only reason to use a subdomain in your Pay-Per-Click campaigns, though. Subdomains also give you the ability to focus on serving that customer you've gained from Google with exactly what they want.

Every day businesses online lose customers and clients because their visitors can't find what they're looking for fast enough. How soon do you leave a site if you can't locate that one thing you want? Pretty quick, I'm sure. You and I both know there's another person selling the same thing a click or 2 away so it's no big deal to hit the Back button.

A subdomain that's concentrated purely on a specific area gives you the opportunity to focus very clearly on a specific need. You can, and should, restrict the content on the subdomain to the subject of that subdomain, like commercial real estate, for example. When you serve your visitors precisely what they want, you increase the chances of a sale. Why wouldn't you do that?

Now to make all of this work you still need to target your AdWords campaign precisely so that the right customers get the right ad and see the right subdomain. You don't want Residential real estate clients getting the Commercial real estate ad. Especially since that ad will take them to the Commercial content, which a Residential customer has no interest in.

That means you have to create keyword targeting and focus within your campaign. That's a subject and a process that'll have to wait for another article, or series of articles. For now, keep in mind the use and powerful benefits of subdomains in Pay-Per-Click. They could make a huge difference for your business.

Friday, September 28, 2012

Are Payday Loans Addictive?

While payday loans can act as a savior in immediate financial needs, they can be compulsive too. These are useful as they are easily accessible when one is low on cash in between the paydays. And you can acquire small amounts of money without any paperwork and hassles. Nevertheless, these loans can be obsessive. The part, which is compulsive, is not possession of money but act of acquiring it.

Being compulsive with habit of borrowing is horrible and without preparedness to pay it back, you can be trapped in greater complications and debts. This in turn will persuade you to borrow the money again, fuelling your loan addiction. Compulsions are not easy things to break, they can over power the lifestyle, and you will find yourself creating justifications and excuses for it, no matter devastating it is. You experience buzz or jolt due to such obsession and you end up losing the view of proceeding or coming out of it. Possessing the compulsion of money advances can lead you to stack of trouble. It can attract greater debt, which will trap you in the vicious circle of borrowing.

Lure of immediate cash is enough for propelling individuals straight to different sites offering such an opportunity. Many people assume that by applying payday loans, they are getting good deals, cash for their purchases as compared to use of credit card that charges high interest rates. Like most of Janes and Joes who easily get addicted to any activity, they really are not able to recognize the big stumbling block, waiting for them in near future.

If you are struck in one such situation then you should start by understanding more money that you borrow through payday loan, you are also losing higher finances that are being charged by payday loan companies. One of the best ways for assisting yourself is making a budget and sticking to it. Prepare an efficient financial plan for yourself so that you do not end up taking payday loans for every small monetary disaster that comes your way.

Doing all the above mentioned things would surely help you to understand that you can live in the lieu of the payday loan lender and this is will make you feel better and comprehend that you can manage from your work in between the paychecks too. It is easy to get obsessed to payday loans but it takes a lot to come out of it. For what we think as the best solution for the moment exacerbate existing financial problem too. So you need to very careful while taking the cash day loans.

If you think that you are well equipped for facing penalties posed by overnight cash advances, think again. This hook, reel scheme and cast if reason why the payday loans are considered to be an addiction. Immediate cash is enticing but the inability to pay it back within in the specific time span can invite a lot of trouble for you. So next time you apply for payday loans, ask yourself if you really need it.

Sunday, September 23, 2012

Advice on Home Improvement Loans

There are a series of questions that need to be asked when contemplating a home improvement loan. A well informed applicant can be assured that the outcome of his/her diligence will be appreciated by all concerned. The first question one must ask is 'what can I afford'? An accurate accounting of finances is a basic requirement. 'What is my income'? 'What are my expenses'? 'Do I have a good history of paying my debts'? These type of questions are necessary, not only for my own well-being but for the protection of the lender and the person performing the work. Each person is relying on the integrity of the other.

Home improvement loans are a vital tool in today's economy. The main reason for obtaining them is to ultimately increase the value of your home, as opposed to purchasing a new structure. The biggest benefit to improving an existing property is the fact that less money needs to be invested. A loan can be used for something as modest as putting in an extra bathroom or as extensive as adding several hundred square feet for a growing family. Borrowing for the project is the best way to get the extra room you need when you need it. Sometimes its just not feasible to save for a long period of time. For example, planning a nursery for a new arrival may not have the same priority if the child is going to grow out of it before you can complete the project.

A good piece of advice for someone that is ready to borrow for their improvements is, talk to someone who has done it. But remember to keep an open mind. People have varying experiences; some good, some not so good. Personality is a big factor. One homeowner may be very detail oriented and therefore see a minor flaw as a catastrophe while someone else may not even notice major defects in a project. In each instance you will receive opposing feedback. You must decide, in the end, what your own expectations will be. One of the best resources you can get is your building inspector. He is trained to look for anything in a project that does not meet local building codes. But because of his experience he can tell if a tradesman is good at what he does.

Finally, but most importantly, research your lender options. Who has the best interest rates? Do they have a good reputation in their community? Be aware that the lender you choose will be working with you to see that the job is done in accordance with their requirements. Remember, this is their money and they want to protect their investment. A good lender will spend time with you and your contractor to make sure you get the finished product you deserve. People that do the work for you will more than likely know your lender and as they work together on your project you should have a gratifying experience. When your home improvement is finished you will be a qualified reference for others.

Thursday, September 20, 2012

Saving Green Space Bad For The Environment?

Real estate developers have long been criticized as a threat to the environment and, many times, for good reasons. Suburban sprawl has certainly destroyed many open, green spaces and natural habitats. Forests have been cut down in exchange for big box retail and rows of overpriced McMansions. But, when it comes to urban development, there are examples where saving green space can do more harm then good.

Recently, the City of Philadelphia has begun to auction off many of their surplus properties. The economic picture for the City of Brotherly Love looks dim, much like the balance sheet of every major city in the country. Budgets are in the red, and promises made to pensions, medical care, and bloated payrolls will keep cities losing money for many years. So, it seems natural for Philadelphia to begin a process of selling real estate. However, many times, vacant lots owned by the City have been used by neighborhoods as parks where children play and events are hosted. For this reason, many residents are upset, and rightfully so, that developers may get there hands on these properties and quickly destroy green spaces.

Although one can certainly understand neighbors fighting against further development and preserving open green spaces, there are several larger issues to point out both environmental and economic. For example, it is important to keep in mind that urban development is a greener option in and of itself. The more density there is in urban areas, the less suburban sprawl. That means more public transportation and less gas consumption. Smaller townhomes often use far less resources than larger suburban developments. In other words, keeping urban spaces open and green pushes development further outward into the suburbs where resources are utilized less efficiently.

Philadelphia is one of the most spread out cities and one of the biggest reasons is that for so long no one was able to build higher than William Penn's hat on the top of City Hall. This caused less density in the City, less population, less businesses, and less tax revenue. Although this law was finally repealed, the City is still trying to catch up and bring businesses back into Center City. Less density and development has hurt Philadelphia economically and made it tougher for the City to compete for jobs.

All economic decisions have tradeoffs and keeping these spaces open is really just causing another space somewhere else to get developed and suburban sprawl to continue. We should be embracing housing demand in urban areas because, in the larger picture, it is more sensible for cities economically and better for the environment.

Wednesday, September 12, 2012

Chinese Negotiation Style - Meetings

When negotiating with the Chinese, it is important to understand that they are going to be conduct business in a way that is comfortable to them, which is the Chinese way.

Business etiquette in China is different than in the West, the idea of face and harmony are important concepts to the Chinese. The means that public telling people they are wrong, or that you disagree with them is something you should try and avoid.

How does this affect how they view business meetings and the Chinese negotiation style?

When the Chinese have a business meeting, they often don't expect there to be a resolution to issues during the meeting. To come to a resolution might mean having to tell someone that they are wrong and therefore cause them to lose face. Loosing face is a big insult to many Chinese.

Instead of making major decisions during a group meeting, the Chinese will often meet afterwards in smaller groups of 2-4 people and come to a resolution in the post meeting get togethers. This is perfectly acceptable to the Chinese because it helps them maintain harmony and nobody loses face.

Remember this does not bother them because it is part of the Chinese cultural customs and Chinese business etiquette.

Just realize that you may encounter this as part of the Chinese negotiating style and it will help you be more successful when conducting business in China.

If you find this information helpful and you would like to find out 3 more habits about conducting business in China than just go to our website.

Monday, September 10, 2012

Car Finance: Common Mistakes People Make

It is extraordinary the way some people go about sorting out car finance. Compared with getting a new credit card or a bank loan, often people looking to get a car loan or car credit finance behave in a completely different way to normal, and yet there seems to be no reason for it.

It is almost as though car finance was a completely different type of financial agreement or arrangement, and that car loans can be treated in a different way, with different rules. To think this way is often to invite disaster, but what is it that people do which could be done better, what risks are people taking, what other options are available, and what are the benefits, both in the short term, and the longer term?

First of all, let's imagine someone who is about to get a credit card. What do they do first? It is an unlikely scenario that the first thing they do when looking to get a new credit card is to go shopping with a view to finding things that they'll be able to buy with it.

It seems to make little sense to make your first move in getting hold of a credit deal to go looking for ways of spending it, despite this often being the way that people looking for cars on finance or car finance deals do it.

Instead, it would make sense when looking for a credit card to shop around, look at the various options, considering both the short term offers such as low introductory rates and zero rate transfers, and the longer term benefits, such as a lower interest rate, an absence of annual fees or a lower balance transfer rate.

Once you've looked around, and you're sure you have found the best deal for you, you might apply for it. After all, there's little point applying for a credit card on the basis of their zero transfer rate if you have no other balance to transfer - it has to be a finance deal that suits your circumstances and needs as well as your pocket.

For many people the way they approach car finance is to leave behind the common sense practicalities such as budget, interest rates, credit history influences and poor credit implications. Instead, the first thing they often do is head to the car showrooms and dream about what they'll spend it on. This often results in disappointment and embarrassment when they're declined a car loan or car finance, or they find they're unable to be approved for the cheap car finance deals advertised, and are looking at paying a much higher rate of interest because of an adverse credit history.

Instead, it makes a lot more sense to sort out the finance first, before looking for a vehicle to spend it on. Despite the fact that many people don't approach it this way round, the benefits are considerable. In the first place, you're not shopping under a delusion, but instead know that you already have your car finance sorted.

Secondly, you have a clear and definite budget. It's easy to have a ball park figure in your head that's little more than a guess, and have a look around at the showrooms at cars in that price range. But if you sit down and sort out your car finance first you'll be able to make absolutely sure that everything's included, such as any registration costs, licensing and tax costs, insurance, fuel and interest payments, as well as the repayments on the car loan itself.

Once this hurdle has been dealt with you can then enjoy shopping for cars, because rather than guessing, or hoping, you'll know for certain whether you can afford a car or not, and can therefore look more seriously and more confidently at each once that appeals.

If you've been turned down for car finance already because of adverse credit you may have considered guaranteed car finance. If this is so, you may have given up on the idea of being able to sort out your car finance first before shopping, or given up on the idea that you'll be able to choose any car you like from any dealer you like.

Certainly it is true that some car credit finance firms offering guaranteed car finance do restrict you - but fortunately not all. If you approach getting your car loan or car finance sorted straight away, before looking for a car to spend it on, you'll stand a much better chance of getting the car you want, without the embarrassment and disappointment.

Saturday, September 8, 2012

Pay Off A Payday Advance By Selling Clothes You Don't Need

If you're trying to pay off a payday advance, you either need to spend less or bring in more money. Consider selling clothes that aren't worn any longer to bring in the money you need.

Selling used clothes has become a growing business as people look for ways to save money as well as help the environment by recycling clothing. As stores continue to sell their inventory of used clothes, they need to replace it by buying from anyone willing to sell.

When going through your closets, look for clothing that is not worn or torn (unless that is part of the fashion), and especially not stained or smelling badly. You also need to look for clothes that fit the season, as these are more likely to be purchased.

Make sure the clothes are looking their best. Wash and iron them before you take them to the store. Also, call the store ahead of time and ask if you should have the clothes on hangers or if it has any other preferences.

Also, research the stores in your area. Different stores will often have different preferences for styles and labels. A vintage store will want clothes from 20 years ago or more. A modern/contemporary store will want clothes that are currently fashionable.

When you take the clothes to the store, don't bring it in a garbage bag. This will give the buyer a poor impression of the clothes before even seeing them. Bring the clothes on hangers in clear plastic or neatly folded in boxes or reusable shopping bags.

Don't take it personally if the store doesn't want your clothes or offers prices that are much lower than you expected. This isn't a reflection on how the buyer feels about you. It just means the buyer doesn't think the clothes you brought will sell well at this store.

At the same time, be willing to walk away if the buyer doesn't offer what you feel is a fair price. You can always try a different store.

You also might want to consider selling your clothes at a consignment shop, which doesn't buy the clothes from you, but pays you a percentage when the store sells the clothes. A consignment shop could still choose to not sell your clothes, but it may be easier to get a consignment shop to accept the clothes because it is not risking as much as a store that buys clothes.

The nice thing with a consignment arrangement is that you can claim the clothes back if they don't sell. You will just have to negotiate the price the clothes will be priced at and how much of that price you will get when it does sell.

If you can't find a store to accept your clothes, you could always try to sell them directly to customers yourself. You could do this by advertising on Craigslist or Ebay, or you could even try to sell them at a yard sale. Another option would be to try to sell them to friends with similar taste in clothing.

If all else fails, you could take the clothes to a thrift store, which only take donated clothing. This may not help with the payday advance, but you can get a receipt for them and deduct the clothes from your taxes.

Tuesday, September 4, 2012

Types Of Commercial Real Estate

It is true that commercial real estate comes in all different shapes and sizes. There are large companies and corporations that operate a variety of different locations. Then, on the other hand, there are small business owners that are only in control of their space. There are five different categories that this type of property is often divided into with multifamily dwellings like apartments sometimes being added on as a sixth category.


Hotels, restaurants and sports facilities are considered to be commercial real estate that falls into the leisure category. It makes sense as these businesses and buildings are where people look to have a good time and relax. There is a wide variety of different companies that all fall into this category. An owner of the property may run the business his or herself or lease it out to someone else.


Shopping centers, stores, and malls are all considered retail property. Here customers are walking into the building, looking at a company's goods and making a purchase. There are small stores that specialize in only one thing and malls that take up several city blocks. Size can vary from one property to the next in this category. It is not unusual to see a group of retail spaces all put together in one shopping center. The goal is to find a place that is easily accessible for customers.


Everyone needs a space to work and offices are an important part of commercial real estate. There are a variety of different industries that require a central place for employees to work and customers to visit. Again, there is a real variety in the type of offices and office buildings available. Some are state of the art and ready for the latest technology. Others are older and may not have all of the same amenities. In some cases, homes can be rezoned and converted into office space, depending on the location of the property.


Industrial space is considered to be things like warehouses, garages, and distribution centers. In these buildings, there is an inventory that is being stored. This category of commercial real estate often includes large buildings with lots of space. In many cities, these buildings are all grouped together because of zoning laws.


Separate from all the rest, healthcare centers, including hospitals, doctors' offices, and nursing homes are completely separate from the others. This commercial real estate category is very specific in that the buildings need to be properly equipped to handle all of the different services that will be provided. They need to be accessible to patients as well as the medical staff.

Friday, August 31, 2012

How To Qualify For Auto Loans With Bad Credit And Self-employment Income

Being self-employed and having a poor credit score can make getting an auto loan a very difficult task.

This difficulty is primarily the result of some folks, who are their own bosses, failing to report their entire income on the Schedule C of their internet tax return forms. While, of course, this results in the self-employed paying less in taxes, it also leads to lenders not knowing how much a person actually earns.

Fortunately, this is not always an issue for loan applicants since banks do not normally ask for income verification when processing auto loans. However, banks do tend to ask for this from applicants with a FICO score of around 640 and below.

The self-employed have got to report all of their income. Not only will doing so keep them out of prison and from paying interest and penalties, but it will also help them qualify for auto loans when the time comes to purchase a vehicle.

Saturday, August 25, 2012

Mortgage Property Finance Loan Application

Home loan is defined like a expression when a loan is taken depending on the assure with the borrower's house. A property finance loan is primarily a document that gives the financial institution the best to utilize the borrower's house as collateral or security for that loan purposes. Whenever a fresh loan is taken a loan property finance loan application form is likewise taken together with it. This property finance loan document makes certain that this individual who has taken the loan gives assure that this loan sum will repaid properly depending on the payment schedule.

For example, if somebody wants to buy some land and hopes to take a loan from any monetary institution or perhaps a traditional bank; he can do so having a loan property finance loan application form. The moment the application form is received, the traditional bank will produce the required sum in lieu of property finance loan of his household. Borrower's household property finance loan will commonly involve an interest, which will likely be amortized more than stated period, typically its thirty many years. The sum that this borrower will pay on the traditional bank will likely be related to property finance loan amortization. Home loan is likewise termed like a expression loan which is secured depending on the borrower's actual estate house.

But, the borrower wouldn't be allowed to sell his house unless and right up until he has completely paid the property finance loan that he had taken against his household. Nonetheless, he may possibly pay back the original property finance loan by going into another property finance loan on any other house that he owns.

You need to adhere to some measures though making a loan property finance loan application form. First and foremost, anyone who hopes to borrow cash needs to have a nod for principle sum from the financial institution (a traditional bank or perhaps a monetary institution) before selecting the property finance loan house. Via this the financial institution can easily make a decision on just how much loan he is prepared to give. For this objective, the information necessary will consist of the person's employment status, cash flow, and what form of house or household does anyone is looking to pay for. Right after this the financial institution can held anyone in making a decision or perhaps a judgment.

The individual who wants to have the loan will need to appoint another person to determine the legal paperwork. The moment he has made the decision that which house he hopes to pay for, he can go ahead with the loan property finance loan application form by filling the form furnished with the financial institution. To verify the person's fixed cash flow, the lending institution may ask for written reference from the traditional bank or an employer. Right after this, the financial institution will evaluate and value the house so as to become particular that this house has the worth that this individual who's taking loan has agreed to pay back. If the value with the belongings is just not equal on the sum getting borrowed, the financial institution may possibly review the sum of loan. It is a good thought if borrower has carried out a survey in advance to ensure you'll find no surprises when the financial institution reviews the house for its value.

The moment the financial institution agrees with the mortgaged house value and any references furnished with the borrower, a formal present for that application form related to loan property finance loan is created along with the loan sum is forwarded to release.

Thursday, August 23, 2012

Second International Seminar: Trade and Project Finance took place

8 November 2011, Kyiv: Second International Seminar: Trade and Project Finance took place with the participation of world's second largest Export Credit Agency (ECA) of the Netherlands Atradius Dutch State Business NV, international bank Rabobank, as well as the experts of IBcontacts company. The event was supported at the international level by the Ministry of Economic Development and Trade of Ukraine and the Embassy of the Kingdom of the Netherlands in Ukraine.

Heads and owners of fifty Ukrainian and foreign trade and industrial companies that develop their business at the international level and attract foreign capital visited the Seminar. The event was held in an interactive mode with the experts from IBcontacts being masters of ceremony.

At the Second International Seminar Mr. Volodymyr Tkachuk, Deputy Director of Trade and Economic Cooperation Department of the Ministry of Economic Development and Trade of Ukraine, outlined the current economic situation in Ukraine as well as promising directions of country's export.

Mr. Rogier van Tooren, Second Secretary of the Embassy of the Kingdom of the Netherlands in Ukraine, speaking about bilateral economic relations of Ukraine and the Netherlands, said that the Netherlands is among five largest investors of Ukraine. The general amount of investments is US $ 4.7 billions, with the largest share in industry and construction. The Netherlands is also one of 15 largest trade partners of Ukraine.

"Finance availability is now a key factor in a trade agreement. Foreign exporters of the same level, with products of nearly equal quality, are competing in more favorable finance conditions for their buyers, unlike before when they were competing in the quality of goods. And since a Ukrainian company is a party to the agreement and the one that pays all accompanying expenses when attracting foreign finance, it is essential for heads and finance directors of Ukrainian companies to understand the principles and details of different schemes of attracting foreign finance" commented Ms. Kateryna Barabash, Managing Director of IBcontacts about the trends of international trade.

Mr. Stephan Naber, Underwriter/Regional Specialist (Eastern Europe) of Dutch ECA Atradius, described the structure as well as the procedure of export credit insurance, insurance products, kinds of risks covered by Atradius, requirements to Ukrainian companies, and the general policy of Dutch state ECA regarding Ukraine. Mr. Han Bartelds, Vice President of Rabobank, emphasized the advantages of export credit insurance, outlined its schemes, specific features of company assessment and financing, as well as shared his experience of cooperation with Ukrainian companies.

IBcontacts experts Ms. Anna Pobedymska, Head of Project Department, Mr. Oleg Dorofeev, Head of Legal Department, and Mr. Vilen Kharchenko, Head of Finance and Analytical Department, analyzed the barriers in international trade at the level of state, company and entrepreneurs, and defined the ways to mitigate trade risks.

These experts identified the obstacles for Ukrainian companies that hinder attracting foreign finance and the ways to overcome them, namely: financial and organizational barriers (e.g. absence of reporting in accordance with international standards, "group of companies" scheme), barriers of legislative and procedural character (custom and monetary regulation).

"We often face the situation when companies refuse to provide financial information at the request of ECAs due to lack of awareness about the negative effects of it on their relations with foreign partners. As a result, ECA is likely to make a negative decision in regard to export risks insurance of a Ukrainian borrower" noted Ms. Anna Pobedymska.

"A Ukrainian company can also face obstacles that seem to be uncommon in Ukraine. For example, IBcontacts has had a project, the implementation of which depended upon its impact on the environment. Most of the Ukrainian companies consider this factor insignificant, unlike European companies do. Moreover, Atradius regards the absence of conclusion about the impact of a project on environment as a considerate ground to abandon ensuring risks" added Mr. Kharchenko.

The practical part of the Seminar became a platform for Ukrainian companies to share their experiences in attracting foreign finance on security of export credit agencies to enhance production.

"Direct financing (i.e. without participation of a Ukrainian bank) of our company involving foreign ECA and financing banks is a bright example of the availability of this instrument to both large market players and importers that aren't included into top-100 companies, commented on the experience of "ZhL" confectionary factory its General Director Mr. Yevgen Gamov. In spite of certain difficulties, an independent implementation of the project was our great success which enabled us to raise our international reputation. It should be noted that our projects are coordinated by the experts of IBcontacts. The reason is that this instrument is new for most of Ukrainian companies. Though when attracting international finance, it is important to be aware of the special features of ECAs as well as demands of foreign ECAs and financing banks to buyers. It is also necessary to use different approach while cooperating with each ECA or financing bank."

"Mriya" Agroholding has been attracting foreign finance with the participation of foreign export credit agencies since 2008. Attracting direct foreign finance has a number of advantages, i.e. long terms, cheap resources and no pledge. Besides, direct cooperation with foreign ECA and financing bank obliges a Ukrainian company to have a list of clear, specific, structured and predictable requirements from these market players" according to Ms. Olga Rybachuk, Head of Foreign Finance Division of "Mria" Agroholding, who shared her experience with the participants of the Seminar.

In his turn, Mr. Rob Coppejans from Robinvest Reeuwijk B.V. shared the experience of Dutch exporters' cooperation with Ukrainian buyers.

Thus, by virtue of the presence of all elements of export finance scheme (ECA, bank, company-advisor) the participants of the Seminar were able to form a complete image of the process of attracting cheap and long-term finance from abroad on security of ECAs, to receive answers to all interesting questions, as well as to learn the experience of the companies that had successfully attracted foreign finance.

The experts of IBcontacts company and Atradius pursued the series of innovative seminars conducted in an interactive format. The First International Seminar on Trade Finance was organized by IBcontacts company on May 19, 2011 in cooperation with the world's leader in trade and project financing, German ECA Euler Hermes.

For more information, please contact Ms. Iryna Vasylenko, Head of IBcontacts Communications Department via phone +38 044 359 02 00 or e-mail

Sunday, August 19, 2012

Real Estate Concepts You Will Want To Take Into Consideration Before Committing

Acquire Beach Front Island Real Estate

Numerous investors last year dealing with Island real estate found it extremely successful. It is a promising projection for this year in Island real estate, as it is a stable source for profit given that the financial situation has transformed about. Still, it is advised to do some study, and get some assistance if you are a pretty brand-new investor in this sector. Along with some real estate company know-how, you could earn money. Listed here are some recommendations for a profitable Island real estate endeavor.

There are 2 instructions for Island and beach front real estate financial investment

There are 2 standard directions that you can easily choose real estate in this charming isle country: Island residential property available, or Island rental estates. Along with the initial option you can easily buy, when getting a residence at an affordable via repossession, for instance, then sell it for an earnings. Island condos are a strong investment anywhere on the Island. Whether Island real estate, or beach front real estate, you tend to generally transform an earnings in getting and selling condominiums in this subtropical haven. The second choice is to opt for property for a Island rental house in which you will certainly get a regular or regular monthly payments. Numerous property owner leasing a house or condo will certainly need a couple of months deposit to cover any type of damage to the home, or to cover the rental income loss should the tenants vacate the properties before their lease firing. It is necessary to research which of the 2 choices is for you, then have a clear strategy for your Island real estate investment.

Know your alternatives

Know the choices available for the financing of your real estate venture. Usually, a person will get a bank home mortgage for a new property to have or rent as a company. You ought to speak to a financial institution officer concerning this sort of residential property home mortgage that suits your haves. If you prepare to acquire a rental home, for example, you might prefer a set rate mortgage. Nevertheless, if you opt for getting and offering properties, referred to as "turning", it may be smart to choose a versatile price home mortgage. In this case, you will certainly pay the passion while the new home buyer will inevitably pay the balance.

Study the Island residences for commission, and find out the marketplace fads prior to you buying any sort of property. There is much to take into consideration for turning an earnings from your home purchases. As an example, if you invest in a house within a bad area, or when there is a slump in the market, your revenues will diminish. It is suitable if your rental residential property is close to your home in order that you can examine your home conveniently. If you only have one rental home, or "flipping" a single house each time, it is suggested to have a second income at first. This is to soak up the loss of having a lapse without any boarders, or holding onto a property much longer than you intended if you are selling it.

The outlook is bright for Island real estate financial investment

In verdict, the prognosis for large revenue in the Island real estate market is great. In locations of area advancement, whether Island rental houses or Island condos for commission, much higher profits are expected this year. Presently, rental estates are much in demand throughout the Islands, and is expected to be in high demand. Because of the current monetary situation, there have actually been many residences in the Island available for sale. Some have actually undergone repossession, which has actually made it profitable for others who have opted for these homes at all-time low costs. Overall, with some study, spending in beach front real estate can be a successful venture for you especially in this economy.

Thursday, August 16, 2012

How to Avoid Danger When Operating a Vacuum Truck!

When operating any type of heavy-duty equipment, safety should always be a top priority, especially when the equipment being used is a massive extracting machine such as a vacuum truck. These vehicles are particularly useful since they are a very powerful machine that can remove just about any kind of debris. It must be noted that, while the ability to create a very powerful suction makes the job of an operator much faster, it also makes the job much more dangerous. One small error in the placement of the extraction hose can lead to serious work-related injuries.

Potential Injuries

In order to have a picture of how this equipment can become potentially lethal when misused, listed below are some real life stories of workers who encountered near-death experiences when operating this powerful vehicle:

Vacuumed Limb - A vacuum truck operator had already begun extracting debris when the hose encountered a blockage. The worker manually removed the blockage with his arm; however, he did not turn the equipment off while removing the obstruction. When the debris that was stuck dislodged, the pressure that had built up in the hose removed the worker's limb by the greater vacuum power before the worker could remove it.
Toxic Fume Mishap Three vacuum truck workers were removing waste water from a well. The workers did not know that the storage tank of the truck contained sludge that did not mix well with water. As the workers extracted the waste water, it combined with the sludge inside the tank and caused a chemical reaction which generated toxic fumes. One of the crew members became disoriented while another completely passed out from the toxic gas. Thankfully one was able to seek medical assistance before something more serious happened.

These accidents were not caused by poor design. In fact, vacuum trucks are equipped with numerous safety features designed to protect the workers; however, accidents still occur due to the lack of knowledge on the part of operators regarding work-site safety hazards as well as a lack of proper implementation of safety features.

Important Safety Guidelines

Use Only Certified Vacuum Truck Operators - Due to the variety of liquids that vacuum trucks handle, every operator should know the proper way of handling various types of liquids in the safest manner possible. Only proper training and certification can provide these workers with the knowledge they need to operate the equipment safely and under all conditions.
Use Personal Protective Equipment - During training, some of the important knowledge that operators learn about is the proper way to use personal protective equipment such as personal alarms and air-supplied respirators. Workers must also learn the hazards involved in handling toxic fluids and the possibility of a gas explosion. Equally important, they need to learn how to respond if such an emergency should arise.
Conduct a Pre-Operation Inspection - Before taking the vehicle on the road, it is important for operators to conduct a thorough inspection of the vehicle to ensure that all of its components are in good operating condition. They should inspect every part of the equipment from top to bottom.
Carefully Check Vacuum Components - The vacuuming components of the vehicle should also be checked daily. Operators should be sure that: all removable components are in place; all water tanks are full; and no crack or puncture is present in the hose. The storage tank, filter bag house, and cyclone separators should be free from any substance that might react to the fluid to be extracted.
Conduct Site-Specific Orientation - Before starting the job, all employees should first be provided with specific information about the job site including the material to be handled. Workers should be informed about the risks involved and how the material should be handled in the safest manner. Employees should also be briefed on what to do in case an emergency arises.
Maintain a Log of Transported Fluids - Operators should always fill out a log for each vehicle regarding all fluids that were transported and it should always be readily available. Maintaining a log should help to prevent any chemical reactions from occurring by creating awareness of any previously transported fluids.

Operating a vacuum truck can be potentially dangerous, especially when handling various types of fluid on a regular basis. There is always a possibility of being exposed to toxic chemicals. These dangers can be avoided if workers have been properly trained on all safety guidelines when operating a vacuum truck and are aware of work-site safety hazards and how to avoid them!

Wednesday, August 15, 2012

How To Think Fast In a Job Interview

Has your mind ever gone blank during a job interview? That's interview brain freeze, and it's horrifying. Your confidence sags and the interview goes from bad to worse. As a job-search career coach, this is the most frequent interview dilemma I hear about from my clients. Typically, brain freeze occurs when behavioral or situational interview questions are asked. With the right preparation you can learn to think faster and improve your interview performance.

First of all, it's important to understand what a behavioral or situational interview question is. It is any question that start with:

Tell me a time when ...

Give an example of ...

Describe a situation when ...

Employers ask these types of questions with the assumption that past behavior indicates future performance. These questions reveal a lot about a candidate, including a candidates ability to think fast on their feet. Given that interviews are inherently stressful, many job seekers find it extremely difficult to think fast during interviews. Here are four steps that will help you prepare for any interview question.

1.Take inventory of your accomplishments.

This requires more than a cursory mental note of the good stuff you've done in the past year. Take a systematic approach by asking yourself what challenges you've faced in each of your positions over the past five or more years. Try asking yourself

What processes have I improved?

How have I made work easier for others?

What did I do to save my company money?

When did I find a solution to a departmental problem. How did I save time?

When did I go beyond the call of duty to solve a customer problem?

Write out your answers to these questions. Quantitative information is always helpful. Include dollars saved, hours cut, percentage increased etc.

2.Study the job description.

With your list of accomplishments in hand you are ready to turn your attention to the job description. Study the requirements to determine the all possible challenges involved with the job. It helps to look at other similar job descriptions that may include more requirement details. Additionally, ask others who hold similar positions what their greatest challenges of the job are. Write out your list of anticipated challenges.

3.Create a list behavioral questions.

Turn your list of challenges of the position into a list of questions that start with:

Tell me a time when you ...

Describe a situation when ...

Have you ever had to ...

Your list will look something like:

Explain how you cut costs from your annual budget.

Describe a situation when you had to fire a friend.

How would you go about repairing a relationship with a disgruntled client?

4.Use your list of accomplishments to answer your behavioral questions.

Ask a friend to help you role play your interview answers. You should feel very comfortable communicating your success stories. The more time you practice actually talking about your accomplishments the faster you'll be able to recall your stories in your next interview.

With interview performance more important than ever before it pays to prepare, prepare, prepare. There is no such thing as over preparation when it comes to interviews. Follow this easy method of interview preparation to gain confidence and skill for your next interview. The better you interview the faster you'll be at your new job.

Monday, August 13, 2012

Ownerwiz: The Truth Behind Scam Rumors

With the latest crisis in the economy there seems to be no way that people will still be capable to own the house of their dreams. When you do not have funds and when everything else falls apart when it comes to making certain that you simply get to finance a residence then there is certainly no other way for you to be in a position to gamble on mortgaging a room for the family. But certainly mortgaging a residence is not the only real choice; one may possibly select to go rent a space. The terms may possibly be great yet technically, if you, will not get to own the room that you want, is certainly quite discouraging. The mood has switched though now that there are rent to own homes that are made available in every city and state in the country. The new offer seemed to have caught the attention of everyone specifically those that are hoping to get a residence of their very own. The skeptics are nevertheless acting cynical on these though particularly that they're thinking that individuals that offer these kinds of offers are simply just up to fraud and scams. Forums on the web are hounded by queries that ask whether Ownerwiz as well as other similar real estate websites are mere scams.

If you are one who believes in gossip, you will be effortlessly swayed by words and possibly lose the chance to own the home that you simply desired from the very beginning. It could be tough and perhaps there aren't too many individuals who will be in a position to comprehend that there are still legitimate websites that offer these types of bargains. The thing is, if your neighbor has been a victim of fraud, would you think that the exact same thing would probably happen for you as well? Will you really think that everything else is really a hoax just simply because somebody else has become a victim of it? You can't be considered a victim of the mean world syndrome.

The point is that, to think that something is a scam as soon as you heard a particular person falling victim to this kind of things should be changed. There are usually means for you to obtain the rent to own home offer in the state and city in your selection. The really common question in most forum websites is the legitimacy of sites that provide rent to own homes in various locations around the country. There are those that are ready to take the risks but are frightened that they'll only fall into a fraudulent deal and wind up losing nevertheless. OwnerWiz as well as other websites are often the ones pointed out in queries that are something which is both an advantage and drawback.

It's a benefit because there are more individuals who become informed of these websites however the drawback lays inside the taint on these websites reputations because of a number of infamous individuals' deeds. If you happen to be one individual who finds the rent to own alternative a fantastic way to ultimately own a residence of your very own, you'll be taken aback because of rumors spreading.

The only ones who can answer though are those who have trusted OwnerWiz as well as the other similar websites for that matter. If they will tell you that they have had an incredible encounter, no problems, hook ups and certainly no fraudulent acts, after which maybe there is no reason for you to freak out. The legitimacy of such deals could always be traced.

If you are still uncertain, you may well verify it with the authorities in a location because for certain, if a real estate website goes through legal dealings with their offers, you'll be capable to check it with them and track things down. In the event that you notice that OwnerWiz along with other websites are dealing properties legally, then maybe you could get the residence of your choice right there and then without anything to worry anymore.

Thursday, August 9, 2012

Financial Assistance Programs for Canadian Homeowners

If you're struggling to save up to buy your first home or if you already own property but don't have the financial resources to keep it in a state of good repair, you may not be aware of the many financial aid programs that are designed to assist Canadian homeowners. Below are just a few of the programs available today for homeowners all across the nation.

As your family gears up for what could be a long winter, it's important to make sure that all structures and vital systems in your home are in good working order. The Residential Rehabilitation Assistance Program (RRAP) is an initiative that was set up in 1973 by the Canada Mortgage and Housing Corporation (CMHC) to help low-income homeowners make repairs that would bring their properties up to an adequate standard of living. This program covers repairs for heating systems, electrical issues, plumbing, and structural problems.

There is a limit to how much financial aid a homeowner can receive through RRAP, depending on your geographical location. Maximum aid available for residents in the southern portion of the country is approximately ,000, while those living in the far north can receive up to ,000. If the cost of repairs exceeds the maximum loan amount in your area, you will be required to make up the difference.

To qualify for RRAP, your income must be lower than the Income Threshold, as determined by the Canada Mortgage and Housing Corporation. Your home must be more than five years old, and the property value must not exceed the limit set by CMHC.

If you're eligible for funding through RRAP, you are not obligated to repay the loan if you stay in the house during the loan forgiveness period, which could be up to five years, depending on the terms of your agreement.

The CMHC has another program designed to assist homeowners with repair costs, called the Emergency Repair Program. To qualify, repairs must be deemed urgent to make the house safe for habitation. This includes repairs to heating and electrical systems, foundations, roofs, and more. With the Emergency Repair Program, only emergency repairs are made, regardless of the habitability of the rest of the home, whereas with the Residential Rehabilitation Assistance Program, the entire property must be brought to a minimum standard of safety and livability. The maximum funding offered through the Emergency Repair Program ranges from ,000 to ,000.

If you're a homeowner that doesn't require emergency repairs, but is looking for help in making your home more energy efficient, there's the ecoENERGY Retrofit program. This initiative provides grants for owners of detached and multi family dwellings who modify their properties to be more environmentally friendly.

To receive this grant, owners must first have their properties inspected and evaluated by a representative from Natural Resources Canada. They compare the energy efficiency of your home with comparables in the area, as well as make recommendations for retrofits. Once the work is completed, you will receive a second assessment to measure the improved energy efficiency of your home. The amount of funding you receive will depend upon what modifications you make, and how much impact they have on the total energy efficiency of the home.

The GST/HST New Housing Rebate is for Canadians who are building a new home or are buying a newly constructed home from a builder. The program also applies to homeowners who have performed a significant amount of renovations on their existing property, as well as those who have been forced to rebuild after a house fire.

This rebate returns to you a portion of the GST costs involved with purchasing new construction. The amount of rebate you're eligible to receive depends on the value of your home. Properties worth more than 0,000 are not eligible for this rebate.

If you need a little extra to go towards the down payment of a house or to help cover the building costs of a new home, the Canada Revenue Agency has made it a little bit easier to borrow from your RRSP. If you meet their criteria for a first time home buyer, you can borrow up to ,000 from you Registered Retirement Savings Plantax-freethrough the Home Buyers' Plan.

There are additional programs throughout Canada that provide financial support to seniors and homeowners with disabilities who need to modify their homes to improve accessibility. There are also provincial programs that help buyers and homeowners deal with the costs of home ownership, and to make it a little easier for low income families to live in safe, comfortable, houses.