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Professional Liability Insurance for Your Medical Business

Thursday, August 29, 2013

Congratulations doctors, nurses, therapists, and pharmacists! You have studied hard, spent thousands upon thousands of dollars to attend school for what probably felt like thousands upon thousands of years, and now you are ready to enter the medical workforce. You are ready to start working for a medical business, or to open your own medical business. With a scalpel in one hand, a prescription pad in the other, and a stethoscope swinging around your neck, you are ready to cure the sick and save the dying.

However, before you start working, or open your own medical business, you must purchase professional liability insurance. Otherwise, you might find yourself paying out thousands upon thousands of dollars - again.

Remember, professional liability insurance isn't just for doctors and hospitals. Anyone working in the medical field should purchase professional liability insurance.

There are different kinds of professional liability insurance policies for you and your medical business, most of which cover allegations of malpractice. As a medical professional, you are familiar with professional liability insurance by now, and now that you are ready to start working or to open the doors of your own medical business, it is time to purchase your own professional liability insurance.

The kind of professional liability insurance you purchase for yourself and your medical business will usually depend on your specialty, the location of your medical business, and the demographics of your clientele. Along with your claims experiences and limits of liability you choose, these factors will also go into determining the cost of the professional liability insurance for yourself and your medical business, as well.

Search for professional liability insurance for yourself and your medical business based on the factors, and you can start by calling your state's insurance bureau and asking for information about professional liability insurance for medical professionals and medical businesses. They will be able to walk you through the steps of purchasing professional liability insurance.

Are You Looking to Buy Small Farm Tractors?

If you have some outside work to finish around the house, then small farm tractors may be just what you need. These tractors are also known as compact tractors, and are built as miniaturized versions of full size agricultural vehicles. These tractors are mainly used for landscaping purposes on smaller estates. They are not recommended for a full scale harvesting operation.

What are the most popular manufacturers for small farm tractors? Consider some of the top names and their legacy. Yanmar is the leading manufacturer of diesel engines since 1933 and partnered with John Deere in the 1970s to release a line of compact tractors. Mitsubishi is Japan's largest general trading company, with an agricultural division that started in 1914. Iseki has a long history spanning 70 years and has worked with Massey Ferguson and Caterpillar.

Hinomoto was once called Toyosha, and is one of the divisions of Hitachi Construction Machinery, a long time manufacturer of drive trains and small farm tractors. Shibaura manufacturers superior diesel engines and has worked with Ford and New Holland. Finally, there's Zen-Noh, one of the largest agricultural cooperatives in Japan, established in 1890, and Jinma, headquartered in China and one of the best producers of agricultural tractors. Where can you find these tractors? Small tractors are usually available from authorized dealers who work directly with the manufacturing company.

If you are looking for small farm tractors then visit Josef Tractor online. This online company sells farming, industrial, and construction equipment to online customers all over the country. The website also includes product information, dealer support, financing options, and technical specifications. Josef Tractor offers low prices, product warranties, and free tractor delivery along with loaders. If you are looking for small agricultural tractors for minor landscaping activity, then contact the official website at JosefTractor.com

New York Real Estate Ownership Guide

Tuesday, August 27, 2013

This article is designed to be a roadmap for the first time homebuyer or seller. Throughout, I'll guide you through the many steps of purchasing or selling your property and explain to you in the process how to avoid the most common mistakes. You will also learn both the legal and psychological problems often encountered.

For most people, buying (or selling) a home is one of the biggest part of living the "American dream". It's also probably the biggest investments they will ever make. Not surprising then, that many find this experience to be very exciting but also worrisome at the same time. Achieving the final transaction and transfer of funds for the property (referred to as the "closing") can leave many home owners feeling exhausted, even depressed. The same can be said for buyers. However, if the process is done correctly, it can also be both interesting and exciting for everybody involved. The ultimate outcome depends on many factors: time, energy needed to devote to the transaction, thoughtfulness and patience. All these traits are included in the process, and all can have an impact on your bottom line.

That's why preparation is key in any successful transaction. The process, complicated by multiple transactions and waiting periods, can be quite confusing. Real estate transactions require expertise. Those wanting total control of the transaction with a do-it-yourself attitude can make many costly mistakes. So unless buyers and sellers have a solid background in Real Estate, they stand to lose thousands of dollars in any given transaction.

Saving on New York Real Estate Attorney Fees

Trying to save a few extra dollars on legal fees may sound like a nice idea, especially for those with large down payments. But this strategy may backfire. You may end up being penny-wise, but broke in the long run. There are many detailed procedures involved in the purchase process that the vast majority of consumers may overlook.

In one of the biggest purchases of your life, it's simply not the time to "bargain shop". Remember the key criteria: if you can't afford to see the big picture in the transaction you probably aren't ready to close the deal. The amount of legal fees charged should not be the deciding factor in hiring a particular New York Real Estate Lawyer. You retain a New York Real Estate Lawyer because you trust that they will represent your best interest in the transaction. The bottom line is that you want a New York Real Estate Lawyer you can trust, if trust becomes an issue you are well advised to seek another New York Real Estate Lawyer, no matter how low the fees are. For the most part, a New York Real Estate Lawyers aim to satisfy their clients and keep that satisfaction within the legal bounds of the law --all at the same time. The happier their clients, the busier the New York Real Estate Attorney will be with future clients. So it makes common sense as much as it makes dollars sense to retain a New York Real Estate Lawyer who aim is to achieve the client's goal in the real estate transaction.
Real Estate transactions involve use of standard legal language. It is quite understandable then, if a buyer or seller do not understand the terms used in the transaction. First-time homebuyers have the worst experience. That is the reason why it makes sense to hire a New York Real Estate Lawyer who can represent your interest and can help you avoid pitfalls and unnecessary problems.
If not detected prior to closing, once a problem occurs, it can take time and money to correct the situation. An attorney with experience in New York real estate law can help steer a buyer or seller away from costly mistakes.

What kind of home fits my needs?

When buying a home, you have to determine what property will fit your needs. Picking the right kind of property to purchase requires careful planning, organization, and sacrifice. Since most people don't have the time, real estate brokers can be extremely helpful in letting you understand the many issues you might encounter. The questions involved can be overwhelming. What matters need further inquiry? Which homes come with bad neighbors? There are many matters which you need to inquire about when you look at different properties that interests you. However, some issues are common to most real estate purchases. A simple tip is to determine what borough you like to live. If you plan on living in Queens, Brooklyn, Bronx, Staten Island, Manhattan or Long Island, you may want to deal with a broker in that borough.

Coop or Condos?

Cooperatives are the most popular property purchased in New York City. One reason for this is a trend away from expense-ridden properties where foreclosures are common. Another reason for coop popularity is convenience. Deals can be less expensive (about half the price of a condo) and may involve less paperwork in the closing. Less financial stress and fewer headaches might sound good, right? But what most buyers don't know is that when you buy a co-op, you're NOT buying the physical apartment. Actually, you're buying "shares" of a corporation that owns the building which contains the co-op on its land. Also keep in mind that, just like any other company, a co-op has officers such as a president, a vice-president and a treasurer. And just like any other company they're responsible for the well being of the coop. If the coop suffers a financial meltdown, you could lose your apartment investment altogether.

What happens if I do decide to buy a coop?

You receive a stock certificate and a proprietary lease.

The co-op requires that each coop owner pay a "maintenance fee". If you own a condo, you'll be paying a "common charge." Usually, the monthly fee paid by a shareholder is almost double the fee paid by condo owners.

Sometimes a co-op only "owns" the improvements, and some other company or organization owns the land. This form of co-op is not the normal situation, but it does exist. Your New York Real Estate Attorney should be able to assist you in determining if you are purchasing such a property.

Where does the maintenance fee go? How is the money spent?

When an "entity" (i.e. some organization or other company) holds a mortgage of the co-op, the coop corporation must pay a monthly mortgage payment to the bank. The "maintenance fee" charged to coop owners helps the corporation offset this cost. By charging each shareholder a charge per share the "maintenance fee" helps pay the city taxes on the property as a whole and pay for the expenses in maintaining the property (such as the superintendent or doorman) The "common charge" for a condo helps offset the expenses associated with the maintenance of the building. Elevators, painting, cleanliness and any landscaping all require funding not to mention the common areas of the residential unit.

It is important to note that the monthly fee is not fixed. Just like rent, it can be increased. In buying a condo, however, you are buying a portion of the physical building in which the apartment is located. You then own part of the building and will receive a deed to the property that shows that you are the legal owner. The common charges for condos usually tend to be stable. Most co-ops require that a seller receive approval by the board before attempting to sell. Likewise, the buyer must also be approved by the board to make sure that the buyer will be a "responsible" co-op owner. One exception to this situation is when the coop has a special status as being a "sponsor unit". That means that when the building was converted into a co-op, the co-op conversion plans allowed the sponsor of the building to reserve the right to sell unsold shares without board approval. If you are purchasing the co-op from the original sponsor, then most likely you will not need to get board approval. The same applies to subletting the unit. In most cases you'll need permission. In some cases, purchasing the unit from the original sponsor, may entitle you to the same rights and privileges as the sponsor.

Recently after the cost of fuel skyrocketed, many co-ops and condos monthly fees increased. So when buying a coop or condo make sure that you understand the financial future implications. Ask for the financial information before signing on the bottom line.

Should I buy a single or multi-family residence?

One of the most common dilemmas encountered when purchasing a home is whether to buy a "single-family home" or "muti-family home". Common sense dictates that a single-family home will cost you significantly less than a multi-family home, and will appreciate accordingly. What are the advantages? The peace that comes with it is enticing for some. Not having to deal with renting to strangers, and the headaches of hiring (or being) a landlord. However, on the other side of that argument, a multi-family home can be a financial plus: the rental income helps with the monthly mortgage payments and makes ownership less financially stressful.

How can a real estate agents help me?

Normally the first person you may have direct contact with in the purchase or sale of land or residence, is a real estate agent. Most people use them rather than do it themselves. The agent works for his or her supervisor, and they are called "brokers". The kind of relationship you have with the agent can have a major impact on how well you as a buyer or seller, understand the initial process, and transaction. Two important points: Agents can normally provide good advice and suggestions regarding your purchase or sale. Since they're well-educated in both the property markets and their field, they are can give you past performance for a particular property. However, although the agent may seem to work for you, unless expressly contracted for, they normally work for the seller!

What is a Binder? Why is it important?

A binder (otherwise known as an "offer to purchase") is the first document secured by a minimal money deposit. You will normally sign a binder at the moment that you decide to make the seller an offer to purchase. This tells the seller that you are serious about making the purchase. Once the Binder Agreement is executed, the real estate broker or agent will present it to the seller. If accepted, the property will no longer be shown to potential buyers. It is important to note that the binder, unlike a contract of sale, is subject to a time limit. Unless the binder details the money to be refunded, it will be forfeited under most circumstances.

What should I know about the "Contract of Sale"?

The contract of sale is the first formal stage of the buying and selling process. When you have retained a New York Real Estate Lawyer and have made an acceptable offer, at this point in time, you and the seller will sign a contract of sale. The seller's New York Real Estate Attorney will normally draft the contract and then the buyer's New York Real Estate Attorney will review the contract to make sure that you are protected from any future problems (both legal and residential issues).

It's also important to note that when the buyer signs the contract, a "Down Payment" is given to the seller for the seller's New York Real Estate Attorney to hold in a special account called an "Escrow". The seller's New York Real Estate Attorney is required by ethical rules to do so. However, not to worry: the entire amount will of course, be credited to the buyer and applied to the final outstanding balance at "closing."

The biggest mistake a buyer or seller can make is signing a contract of sale before getting adequate legal representation. A contract of sale is an agreement to purchase and sell the property. Once it's signed, it becomes a legal document. If you change your mind and want to change the terms of the agreement or if you want out of the transaction altogether, then you will find yourself in an extremely frustrating legal bind. That's why an experienced New York Real Estate Lawyer is necessary throughout the process, especially at the beginning stages. The contract of sale dictates exactly how the transaction will proceed. It says how payments will be made and collected, and contains all the important details. Tell your New York Real Estate Lawyer every detail which you think is important and essential to you intensions. For example, maybe you are selling another property while simultaneously buying a home. Since the sale of your property is a condition, that condition is a major detail that you should tell your New York Real Estate Lawyer since, the other "party" may have not accepted your offer had they known such a condition.

Another issue that sometimes comes up is the issue of occupancy. Generally a house is sold vacant. However, if you would like to keep the existing tenants, it is a good idea to tell your New York Real Estate Lawyer (assuming it's not a new construction), and that by itself can save you time and hassle in the process of renting the property later on.

As a seller, should I have my home inspected?

Home inspections can sometimes make or break the deal. A New York Real Estate Lawyer can secure a condition in the contract of sale which allows the buyer to refuse to purchase the property if the home inspector determines that the structure is not physically sound. Termite problems or signs of other wood-destroying insects are great reasons for a buyer to opt out of the contract. In such cases the seller usually return the buyer's down payment and everybody walks away from the table. Home inspections are relatively convenient, inexpensive and will save you a lot of time and money.

Finding a New York Real Estate Lawyer?

When looking for legal representation, most importantly, you want a New York Real Estate Attorney whom you feel comfortable with. If you don't feel comfortable with a particular New York Real Estate Attorney, chances are that you will not have a good working relationship.

An experienced New York Real Estate Lawyer, who you feel comfortable with, can be greatly beneficial in explaining and reducing the mystery out of buying or selling real estate in New York. Your New York Real Estate Lawyer can review and prepare the contract of sale, order title insurance, and conduct key parts of the transaction. Making sure the property you are purchasing has no undisclosed liens. If they do exist, your New York Real Estate Lawyer can take care that they will be satisfied prior to the closing.

The last thing you need is to have doubts and questions about your transaction. You want to make sure that after all the documents are signed and notarized, that you understand what just happened and that you are confident that everything was done correctly.

When should I close the deal?

The closing is the climax of the transaction. The buyer's New York Real Estate Attorney is normally the ringmaster who coordinates the time and place of the closing. The closing is where the parties meet to finalize the deal. Normally the parties you will see at the meeting are the seller and their New York Real Estate Attorney, the bank's New York Real Estate Attorney, and the title representative. What occurs at the closing table can be broken down to three major steps:

The bank makes the loan to the buyer and in return the buyer gives the bank an interest in the property (Mortgage)

The buyer turns that loan over to the seller and in turn receives a deed from the seller

The title company makes certain that the seller does indeed own the property they are transferring

Unless there are any serious outstanding issues, the closing can take about 2-3 hours. At this stage, the buyer should have obtained homeowners Insurance prior to the closing. Since not all insurance companies charge the same prices for the replacement value of a house you might want to shop around before the closing.

Lastly, a day or two prior to the closing, it's always a good idea to do a walk though of the property to make sure that it is in the same condition as when you decided to buy it.

The Routes of the Legacy of Al-Andalus

Monday, August 26, 2013

For almost eight centuries, the Iberian Peninsula lived one of its most privileged moments, not only with regard to Spain, but also to Europe as a whole: the age of Moslem Spain, which the Arabs called al-Andalus.

The mixture of races, religions and cultures gave rise to a brilliant civilisation, where both the Arts and Science flourished. Silks, objects of art produced in ivory, bronze and marble, ceramic tiling, the creation of a subtle architectural style and luminous sensual poetry all made al-Andalus the cultural focal point of Europe; a bridge between East and West, the cradle of a splendid and refined civilisation.

The Foundation the legacy of al-Andalus aims to preserve the historical, artistic and architectural heritage of al-Andalus. But also, its wish is to promote the most outstanding values of that civilisation: the people's feeling for life, how they lived together in tolerance and harmony, their music, gastronomy, everyday life. The mark left by al-Andalus is reflected in the concept of art, in the character and in the attitude toward life of the present-day inhabitants, heirs to this legacy.

Today we can all delve into this living inheritance, thanks to projects such as the Routes of the legacy of al-Andalus, which will take us through beautiful spots, providing us with an overall vision of the culture, as well as with the chance to truly experience it. For the following routes car hire is essential. You will find many reputable car rental companies at all mayor airports like Malaga, Seville, Granada or Almeria.

Route of the Caliphate

This Route runs through lands of Cordoba, Jaen and Granada, along the N-432 and N-331 main road and covering approximately 180 km. It links two large geological depressions; that of the river Guadalquivir and that of Granada, traversing passes in the Sub-Betic mountain ranges opened by basins and river valleys. Both depressions are closed in by the Sierra Morena and Sierra Nevada massifs. This journey follows one of Andalusia's main communications routes.

The Route is a true adventure for the spirit: from Cordoba to Granada, also crossing ancient borderlands of Jaen. It shows the two extremes of the region, revealing the magnificent cultural, religious, political and social heritage left by the Moslems on the Iberian Peninsula. Cordoba, considered the binding brilliance that made all the other western cities pale by comparison. Granada on the contrary is the refined terminal mannerism of a civilisation under threat. And, between the two, a succession of walled towns and castles perched atop strategic vantage-points. Places that were witness to the occasionally agitated military exchanges and then formed the camps and bases from which to besiege Granada.

This journey is not just a lesson in history. It is also an aesthetic delight, a joy for the senses. Refined palates will discover products and tastes with echoes of the past. Those same echoes also seem to be palpable in any of the celebrations and traditions of the towns and villages along the Route. An itinerary by car which will undoubtedly make us that little bit wiser, thanks to all that we will experience along either of its two branches: northern and southern. History, celebrations and crafts, gastronomy, all taking place in a landscape with a vegetation, agriculture and climate that are unique to these provinces of the Region of Andalucia.

Selecting A Freight Payment Company

Sunday, August 25, 2013

One wise yet perplexing decision that has to made when you possess a company is often how to go about engaging the assistance of a freight payment company. There are some things you should keep in mind when deciding who to work with should you own a business where your supply chain demands a freight payment service to be able to function sufficiently in the industry.

As with any specialized service, you will want to evaluate and consider what your provider can offer you and decide if this matches your business’s needs. A wonderful incentive is to outsource your freight payment applications because it can result in reduced freight costs. A freight payment company could also offer many valuable post-payment services that could be helpful and unavailable to you on your own potentially making it possible for you to save even more money overall. For example, eliminating the possibility of being double billed, these services can include implementing systems to make certain you're always paying the right amount for freight. Many likewise have advanced reporting services that can provide valuable data in terms of tracking your expenses, monitoring the routing compliance of the freight company and providing you access to a broad number of consulting services without the additional costs of data collection.

As with several other professional services, you will want to assess a freight payment company’s standing and experience before getting into business with them. Questions like just how much business they do and how long they have been in business should get satisfactory answers. Does the company have a track record of paying freight carriers on time and what kind of industries does it work with? You could possibly speak with past and current customers to get their impression as this would be one of the best ways to evaluate a company in terms of trustworthiness and if they are able to accomplish the job effectively. Any potential company your contemplating would be happy to supply you with a list of clients you're able to contact and find out what kind of service you can expect to have from them. Has a provider been known to go out of their way to supply excellent service when challenges arise and how they have adapted their services to specifically accommodate individual business will speak volumes for their credibility and reliability.

At all points along the supply chain, businesses will emphasize the significance of trust and interactions. Just like other providers, freight payment agencies have to be able to perform the job you're hiring them to do. Specifically gather information on who within the company you will be working with. Learn what their qualifications are and get a feel for how comfortable you are that this is someone that you can work with and communicate with.

What you need now from a freight payment provider might not be the same as what you may demand a year or two years in the future. Make sure that any provider you outsource your freight payment to can keep up with demand, assist you in a number of tasks and be able to grow with you as your business grows and enlarges. Ask about their business practices and if they have a commitment to keeping up with the latest developments in technology.

It will be valuable for your evaluation purposes to find out what the carriers think about the provider on a professional basis along with just what their clients think. Seek testimonials and referrals from carriers prior to making your decision. You will want to make sure the provider operates at a certain standard which might include formal rules and policies. Areas where you may want to find out more details include their ethics, security and finances so as to make sure the provider has certain protections in place. On account you're ultimately putting your business in their hands, engaging a freight payment provider demands a level of trust as your depending on them to handle a vital part of operation. You really need to make sure that trust is warranted.

3 Things You Must Do to Succeed at Real Estate Investing

Saturday, August 24, 2013

Here are three simple guidelines that must be followed if you plan to succeed at real estate investing. It's not everything, of course, but at the very least, you must be willing to commit to these things if you want to become a successful real estate investor.

Shall we get stared?

Acknowledge the Basics

Real estate investing involves acquisition, holding, and sale of rights in real property with the expectation of using cash inflows for potential future cash outflows and thereby generating a favorable rate of return on that investment.

More advantageous then stock investments (which usually require more investor equity) real estate investments offer the advantage to leverage a real estate property heavily. In other words, with an investment in real estate, you can use other people's money to magnify your rate of return and control a much larger investment than would be possible otherwise. Moreover, with rental property, you can virtually use other people's money to pay off your loan.

But aside from leverage, real estate investing provides other benefits to investors such as yields from annual after-tax cash flows, equity buildup through appreciation of the asset, and cash flow after tax upon sale. Plus, non-monetary returns such as pride of ownership, the security that you control ownership, and portfolio diversification.

Of course, capital is required, there are risks associated with investing in real estate, and real estate investment property can be management-intensive. Nonetheless, real estate investing is a source of wealth, and that should be enough motivation for us to want to get better at it.

Understand the Elements of Return

Real estate is not purchased, held, or sold on emotion. Real estate investing is not a love affair; it's about a return on investment. As such, prudent real estate investors always consider these four basic elements of return to determine the potential benefits of purchasing, holding on to, or selling an income property investment.

1. Cash Flow - The amount of money that comes in from rents and other income less what goes out for operating expenses and debt service (loan payment) determines a property's cash flow. Furthermore, real estate investing is all about the investment property's cash flow. You're purchasing a rental property's income stream, so be sure that the numbers you rely on later to calculate cash flow are truthful and correct.

2. Appreciation - This is the growth in value of a property over time, or future selling price minus original purchase price. The fundamental truth to understand about appreciation, however, is that real estate investors buy the income stream of investment property. It stands to reason, therefore, that the more income you can sell, the more you can expect your property to be worth. In other words, make a determination about the likelihood of an increase in income and throw it into your decision-making.

3. Loan Amortization - This means a periodic reduction of the loan over time leading to increased equity. Because lenders evaluate rental property based on income stream, when buying multifamily property, present lenders with clear and concise cash flow reports. Properties with income and expenses represented accurately to the lender increase the chances the investor will obtain a favorable financing.

4. Tax Shelter - This signifies a legal way to use real estate investment property to reduce annual or ultimate income taxes. No one-size-fits-all, though, and the prudent real estate investor should check with a tax expert to be sure what the current tax laws are for the investor in any particular year.

Do Your Homework

1. Form the correct attitude. Dispel the thought that investing in rental properties is like buying a home and develop the attitude that real estate investing is business. Look beyond curb appeal, exciting amenities, and desirable floor plans unless they contribute to the income. Focus on the numbers. "Only women are beautiful," an investor once told me. "What are the numbers?"

2. Develop a real estate investment goal with meaningful objectives. Have a plan with stated goals that best frames your investment strategy; it's one of the most important elements of successful investing. What do you want to achieve? By when do you want to achieve it? How much cash are you willing to invest comfortably, and what rate of return are you hoping to generate?

3. Research your market. Understanding as much as possible about the conditions of the real estate market surrounding the rental property you want to purchase is a necessary and prudent approach to real estate investing. Learn about property values, rents, and occupancy rates in your local area. You can turn to a qualified real estate professional or speak with the county tax assessor.

4. Learn the terms and returns and how to compute them. Get familiar with the nuances of real estate investing and learn the terms, formulas, and calculations. There are sites online that provide free information.

5. Consider investing in real estate investment software. Having the ability to create your own rental property analysis gives you more control about how the cash flow numbers are presented and a better understanding about a property's profitability. There are software providers online.

6. Create a relationship with a real estate professional that knows the local real estate market and understands rental property. It won't advance your investment objectives to spend time with an agent unless that person knows about investment property and is adequately prepared to help you correctly procure it. Work with a real estate investment specialist.

There you have it. As concise an insight into real estate investing as I could provide without boring you to death. Just take them to heart with a dash of common sense and you'll do just fine. Here's to your investing success.

7 Coaching Predictions and What To Do About Them

Friday, August 23, 2013

To prepare for our segments, Milana asked us to reveal in no-holds barred fashion, a mindstream of the 3 most important trends, opportunities and landmines we could foresee for professional coaches in 2007, including how each is likely to impact a coach's business (that's you!), and what I'm doing about the predictions myself.

Here are the promised notes from the predictions I made, for those who missed the call or prefer reading over listening...

Coaching Prediction #1: Expect to see lots more coaching jobs.

By that I don't mean jobs that involve coaching skills, but jobs where coaching is the core deliverable. This will happen at three levels:

(1) the Executive level - this is already happening and there will be many more of these.

(2) the non-Executive level - these coaching jobs are becoming part of the woodwork in fitness and wellness industries, in the academic world, etc.

(3) AND - coaches who are reaching a certain degree of success are now hiring associate coaches themselves, creating a demand for coaches with the skill set and experience set who don't want to build businesses.

How to prepare for this trend?

- Collect testimonials of the hard-core type

- Use before and after progress worksheets

- Be prepared to provide examples of your coaching abilities in a resume...

Tip: As a natural benefit to your 1-1 or group coaching clients, you can already be offering to record their sessions, confidentially for their use, of course. It's a great value add and costs you little if you use an easy recording service like this.

When the time comes you then also have the option of approaching them for permission to use audio clips you record for the purpose of your coaching portfolio. This bolsters your application immeasurably as you are helping prospective employers understand how to recognize great coaching.

It's early yet in the days of coaching jobs, and people aren't altogether clear how to hire the best coaches. This is great news: you can help them hire you.

What I personally hope to do in light of the increasing number of coaching jobs is help build connections between those who want the jobs and those who are in a position to hire. I've already spent several years developing my business as a place that helps with business management and infrastructure so as to facilitate coaches hiring other coaches. Love that.

Coaching Prediction #2: Watch for a great deal more coaching in the mainstream media.

There will continue to be coaching in reality television, as a part of the bigger premise of the show. But you'll see in 2007 a couple of shows where coaching is the focus. Many of us have hoped that this would happen in a way that can showcase the real power of coaching - well, isn't it awesome that it's now coming?

As I explain on the audio clip from the Coaching Predictions call - I cheat a little with the word 'predictions' here because some of these things I know to be a forgone conclusion. Plus, I think you'll agree that we create our own future so if I have anything to do with the predictions, let's just say I like to think they'll be a little more than predictions when the year is through. ;-)

So, how to prepare for this one? It may sound silly, but stay flexible. Be prepared to nimbly take advantage of this trend in your marketing collateral. Now may not be the time to print 1000 business cards. Hedge your bets and be ready to take advantage of trends, language and ideas as they sweep through.

What I hope to do is support the coaches who are even now preparing for big launches in radio, video games and yes, TV, as well as help coaches who want to make the most of the halo effect of all this.

Coaching Prediction #3: I also predict an increase in mainstream criticism of coaching and the self help industry as a whole.

Some of you who are following along know this has begun already in the form of recently-published books painting self-help as a whole with a very dark shade of black. And of course, there is the backlash to the very successful movie 'The Secret.'

So how can you prepare for this? Isn't it hard enough to market your coaching business?

More details to this worthy question in another post, but in general terms, my best suggestion is that each of us embrace the criticism as an opportunity. Don't run from the criticism, take it as a vitamin and let it strengthen you.

Because here's the thing, when I take a close look at some of what's being said - there is real truth to it. And hearing that truth at a deep level can only make us better at what we do, and how we talk about it.

And although Milana only asked us for three, here are four more quickie predictions I slipped in. Note: Because I had to leave the call early, I wasn't able to cover each in detail on the record so the notes will be where you get the most detail.

Coaching Prediction #4: We will see a handful or so coaches emerging as leaders in definitive (and perhaps unexpected) new niche markets.

Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a list of 10,000, how can you leapfrog the organic process of doing that? Ask, who's getting out of the biz? Who's going on sabbatical? How can you step in, acquire or buy a business asset?

Also, be prepared to invest in infrastructure - accountants, lawyers, business managers etc.

As for myself, there are a couple of businesses I'm looking at acquiring and/or merging with now - and that's something I haven't done before in the coaching industry, for myself, only for clients. So this will be an exciting time of growth - one that I aim to navigate without adding too more hours in front of the computer. Fun.

Coaching Prediction #6: We will see increased numbers of companion coaching programs - where coaches create programs based on existing best selling material.

For example Coach Carol Ross' work based on Dan Pink's book 'A Whole New Mind' called "Leading with a Whole New Mind." If you're curious about this, I've posted my online interview with Carol in a separate post here.

Coaching Prediction #7: We will see significant bodies of proof come to light that coaches are earning great livings.

Ah, perhaps my favorite prediction. By this I mean Real Proof - no more 'Survey says we all stink.' (Can I just say I can't wait???)

As an adjuct to this, as more coaches begin earning well, the pendulum will begin swinging back towards the 'meaning' side of the Money--Meaning spectrum. We'll start hearing more conversation about the social value of our businesses. How can we best give back? How do we manage our legacies or build charitable organizations that reflect our values? How can we infuse our business successes with greater meaning?

We'll see more innovative creations along the social venture line, for example the book 'The BIG MOO' by Seth Godin where 100% of author royalties went to charity.

----end predictions----

Needless to say, it's truly the most wonderful of times, isn't it? Great evolutionary tension, as it were.

Very Useful Tips On How You Should Hire Employees

There is no doubt that the process of hiring employees is a very time-consuming and incredibly difficult thing to do. Nevertheless, it is also one of the most important aspects of running a company. The choice of who will be part of your staff is something that can have a significant effect on how successful your company is eventually. This is why human resource departments exist, and the reason why this part of an organization has got the resources and the means to choose the perfect applicants who will perfectly fit in the company’s system. Below are some of the more important considerations companies should make whenever hiring an employee or employees.

Avoid Conducting Interviews on Your Own

The truth is, interviews usually suck. You will come across people who would bluff their way to job interviews without actually possessing the appropriate skills and knowledge needed on the position they are applying for. There are those who would also give you references who simply exaggerate the competency of the applicant.

If you are hiring for a position that is not your expertise, you must get someone to hold the interview with you. Ask a friend with such expertise or anyone who you think has the best understanding of all the aspects of the position to be filled in.

Hiring for a Trial Period Is Always Beneficial

A trial period of 30 days is a great way for you to gauge how well your newly-hired will fit in your system and the workplace. See to it that you also include this in the employment contract the human resources department will prepare. Of course you wouldn’t want to be held liable for firing an employee only 30 days after you hired them.

If you see that this person is not really working out, do not hesitate to cut them out. Keep in mind that there is always someone better out there waiting for the chance to work for you.

Hiring a Family Member is not a Good Idea

More often than not, hiring someone from your own family results in a disaster. There are several explanations for this. For one, it would be really hard to fire them even if they obviously stink at their job. Another is that there is always a possibility that the drama in your own family will come out. This is something you will never want your other employees to hear or even know.

Don’t Hire a Person Out of Pity

During a job interview, you will likely hear some applicants talking about how desperate they are to find a job. They may even tell you how long they have been unemployed and that they may lose their home if they can’t get a job soon. This is an old trick that you should be aware of. In the first place, professionals apply for jobs that they think they are qualified for. You should always use competency as your basis of hiring someone. If you get carried away by the feeling of pity, you will eventually regret this decision.

Online Real Estate Courses

Wednesday, August 21, 2013

Buying a home is a major decision because it involves choosing a place where you will live for a number of years. This decision also has major implications on your financial status because of the usually high cost of homes and the loan applications that accompany such purchases.

Due to the enormity of the decision of purchasing a piece of property, most buyers solicit the help of real estate agents. Real estate agents are persons licensed by the government of a certain jurisdiction to handle real estate sales. Usually, real estate agents are under the employ of real estate brokers who can be either individuals or companies that have overall responsibility for the actions of real estate agents. There are also instances when real estate agents use the services of real estate appraisers to help them determine the market value of a home that is put up for sale.

Getting a License

Given the delicate and complex nature of real estate transactions, it is important that buyers get the right information so that they are properly guided in their decisions. Real estate agents, brokers, and appraisers need to have an understanding of the market and the technical aspect of real estate. To be able to get a level of competence in real estate, these persons need to take courses on the different aspect of real estate and take a licensing exam so that they can be certified by the state as persons who can handle real estate transactions.

Traditionally, people who wish to become agents, brokers, and appraisers enroll in institutions that offer courses on real estate subjects and take the subsequent exams for licensing afterwards. However, it is now possible for people who to take these courses in the comfort of their own homes because online courses are available on the Internet.

Online Courses

A search on the Internet can lead to you to a large number of online schools that offer real estate courses. Under this set-up, students enroll online, receive their materials through e-mail and they take exams online. These online courses promise that taking these courses is the same as or even better than the traditional way because students do not have to deal with the problems of traveling and face to face communication with instructors. These courses also offer review lessons on how the students can improve their chances in the licensing exams given by the government. Apart from being more convenient, these online courses also offer potential agents more opportunities since real estate courses on the different states are also offered. Given this new development, people who wish to be agents can now also avail of the benefits that the Internet offers.

5 Rock-Solid Real Estate Investment Strategies

Sunday, August 18, 2013

Investing in real estate is more complex than simply buying and selling homes. To help new real estate investors to decide which strategy might work for them I put together 5 rock-solid strategies. It is up to you which strategy you feel more comfortable with.

1. Buy and Hold

This real estate investment strategy is commonly known as rental properties. Becoming a landlord is easier than you think. You buy a property, you advertise it as "for rent" and you sign a contract with your new tenant. That's where the love story ends. You need to know a lot about your duties and your rights as a landlord or you will find yourself in trouble.

Screening your prospect tenants is your first line of defense. Protecting your property from damage is your first duty. I might paint a little bit dark picture of being a landlord. But dealing with tenants can be the most frustrating job you ever had. Do yourself a favor and visit a bookstore or library and get as many books on landlording as you can get. Armed with this knowledge you will be able to create a positive cash flow and a long term relationship with your tenants every time you put the "For Rent" sign in the yard.

With the buy and hold strategy you basically have 3 income streams going at once.

Amortization; while paying your mortgage you also lower the amount you owe.

Appreciation; while owning the property it increases in value.

Tax incentive; as a landlord you will be able to deduct your investment cost over several years. (See you tax advisor for professional advice).

Based on this information you can easily see that even if the rent doesn't cover 100 % of your mortgage payment you will still be able to create a positive cash flow.

2. Flipping

This is the art of "buying" and "selling" real estate investment without actually taking ownership. In a flip situation real estate contracts get assigned and the person who assigns the contract to someone else typically gets a commission for their services. That's how you can make money with real estate without credit checks or no money down. Because you never take possession of the property, you don't need to apply for a mortgage.

You only need 2 things to be able to flip a home. First, you need to find an attractive property that will sell very quickly. Second, you need to find a buyer within a very short period of time. Typically 2-3 weeks. Then you simply flip the contract to the new buyer and you will collect your commission at a so called "double closing".

This sounds complicated at first, but with a little bit practice you will be able to create a nice income from this. By the way, this is the preferred concept of most real estate "gurus" who appear in late night infomercials.

3. Rehabs

Rehabs are the most risky form of real estate investments. You hunt for a cheap, run-down property and you hope that your preliminary remodel cost estimates will leave enough room for a nice profit. Well that's the theory. Most real estate investors are failing with this type of strategy.

You either didn't get the property cheap enough to make a profit or the damages are more extensive than estimated which will offset the cheap purchase price. To make matters worst. If during the rehab phase of typically 3-4 months the market is going south all bets are off. Trust me, I made my share of experiences with this and I told myself, never again.

4. Commercial Real Estate Investment

What comes to your mind first when you think of commercial real estate investment? Big factory complexes, shopping malls or maybe huge office buildings. Well, my answer is much simpler. Anything bigger than a 4 unit apartment building, some call it fourplex, is considered commercial. The great thing with commercial real estate is that the value of the property is determined by the rent income it generates and not by how crazy people are going with bidding on residential real estate.

Theoretically there's no such thing as sellers or buyers market for commercial real estate. I wrote a complete article about the pros and cons of commercial real estate. So I keep this brief. Personally I love commercial real estate. Of course, commercial real estate is more or less off limits for beginners, because commercial real estate lenders want to see some form of prior experience in real estate investments. However, if you got some experience, go for it. As an added benefit; the competition is far less.

5. New Construction

This is the most affordable and easiest way of real estate investment. Getting into the earliest phase possible of a new development is a sure thing to make money. Keep an eye on the market and you will be able to sell your new home before construction is finished. The construction companies don't like this, so they limit the number of homes an individual can buy. Even so, keep one or two homes constantly under construction and you will make some nice profits. Of course this works only in a sellers market. Stay away from this strategy in a buyers market or when you see big changes in the local real estate market.


Peter Dobler

(c) 2005

ERP Manufacturing Systems

Saturday, August 17, 2013

ERP manufacturing systems have been a fixture of the business technology landscape in the high budget manufacturing sector for more than two decades. But recently, ERP manufacturing systems and integrated software applications have undergone a rapid series of product evolutions that are bringing them increasingly into the hands of smaller and mid-sized businesses. If you own or manage a small process or product manufacturing firm in the pharmaceutical, food and beverage, or apparel industry, there's never been a better time to begin investigating ERP manufacturing systems to find out how they can help you move your business forward.

Product and process modules, as well as back office software for accounting, human resource management, customer relationship management and payroll have never been more affordable and reliable. These products are also rapidly expanding in capability as they become more cost-effective. There are several factors that can help explain this recent shift in the market landscape, and may help to understand the capabilities of modern ERP software systems in a broader context. Before you begin your investigation, which may include research of product reviews, white papers, online demonstrations and a thorough needs analysis and diagnostic review of your existing software system, consider the growth of ERP manufacturing systems during the past several years.

The first early ERP manufacturing systems, called MRPs or manufacturing resource planning systems, were implemented in the manufacturing sector in the late 1980s. These systems were developed in response to specific demand from operations managers, who needed to find ways to control complex scheduling, billing, ordering and other activities on shop floors. At that point, most large firms were running their separate departments on individual software platforms that were unable to intersect. This caused productivity slowdowns, especially when task management required the input of more than one department. Once the first ERP manufacturing systems were in place, employees from across the organization could run standardized applications from a shared server infrastructure that was typically owned and maintained by the company.

They could also use the server to house databases that could be accessed by any authorized user and updated in real time. This revolutionized operations, and even though these early systems were cumbersome and expensive, they quickly became very popular among the large firms that could afford them, both within and beyond the manufacturing sector. As the new millennium approached, businesses rushed to replace their legacy software systems with integrated platforms. Implementation demand peaked at this time, even among hospitals, university systems and government offices. Shortly after the year 2000, however, demand at the high budget level began to cool, partly as a result of market saturation.

As the market landscape began to shift, developers and providers turned their attention downstream to find new sources of market share. They began an ongoing effort to shape and customize their product and service offerings to appeal to smaller clients that they had previously been able to ignore. Since about 2005, products for small business markets have been rapidly improving in functionality, reliability, and affordability, and have now become essential tools for small business managers.

Consolidation Loans For Military Personnel: Facts To Be Aware Of

When debts have become almost too much to handle, finding a way to lift the pressure becomes extremely difficult. The debt trap is something that everyone in every walk of life can easily find themselves in, including those in the military. Thankfully there is a way out, with consolidation loans, for military personnel and others, offering a chance to clear debts and ease the burden.

A lot of advantages come with turning to consolidation, for both civilians and military members, but there are also points to carefully consider before applying for a consolidation program. Getting loan approval with bad credit is never guaranteed, but as long as the right boxes are ticked, there should be little trouble in getting the green light.

But what are these boxes, and more importantly, what issues need to be addressed in order to tick them. We take a look at just 3 of the most significant facts to be aware of before any military personnel should apply for a debt consolidation loan.

Does Consolidation Really Work?

The answer to this question is a very definite Yes. When seeking a solution to acute financial pressures it is the most effective way to handle the debts that cause the problem. The advantage of consolidation loans for military personnel is that is allows them to clear their debts completely, without prompting the negative effects that come with bankruptcy.

Bankruptcy is often the route that people take when they want to get rid of their debts once and for all. A ruling would normally influence credit matters for up to 10 years, but through consolidation it would still be possible to get loan approvals with bad credit almost immediately.

This is because the key advantage is that all of the debt is cleared in one go, thus ensuring that credit scores are improved. And because a single debt consolidation loan replaces all of the debt, and is repaid over a longer term, more cash is freed up to meet other monthly expenses.

Finding The Right Loan Source

There are a variety of loan sources out there, from the traditional lenders that can be a little expensive, to the online lenders that tend of offer superior loan deals. But when it comes to seeking consolidation loans for military personnel, the best place to go is to lenders registered with the Department of Defense.

These lenders are not just 100% trustworthy because they have been carefully vetted by the US government, but they also offer far better terms than any traditional (and even online) lenders can. They are also amongst the most accommodating lenders, with members of the military able to secure loan approvals with bad credit quickly and without fuss.

Finding these specialist lenders is not difficult thanks to the Internet. Simply search the net for debt consolidation loans for the military and see the thousands of options listed. Sifting through them is easier with the comparison sites that exist.

Advantage With Soldiers and Sailors Relief Act

For several decades now, serving members of the military have been able to benefit from extremely good discounts secured through the Soldiers and Sailors Relief Act. However, unlike with many civilian loan benefits, a consolidation loan for military personnel maintains its key attributes too.

For example, according to the Act, military members on active duty are entitled to as much as 6% off their regular interest rate for the duration of the duty tour. It does not matter whether the applicant had been given approval with bad credit, or if the loans in question are from a military or civilian lender.

This means that, along with the terms of the debt consolidation loan, monthly repayments can hit rock bottom, with as little as $150 being paid each month on a $25,000 loan.

Colorado Real Estate

Friday, August 16, 2013

Many people not only love to spend their vacations in Colorado, they also buy real estate there in all its forms, whether it is a vacation home, rental real estate, or a permanent residence. There are many different reasons why people want to live in Colorado. From outdoor activities to world-class shopping and entertainment venues, Colorado has a lot to offer to everyone.

If you are a property owner in Colorado, it is not that difficult to sell your property; the Colorado real estate has a great market. Colorado is known as a state with a healthy economy, so it is not hard to start a new life there if you decide to relocate. The real estate also appreciates in a few years' time, which is why many people are enticed to buy property there. If you have Colorado real estate to sell, just post its details with a real estate listing agent so that more clients will know about it. You will have a bigger chance to sell it quickly.

Meanwhile, if you are looking for Colorado real estate, you can begin your search by going through the Colorado real estate listings. Here, you can find quite a few choices such as luxury real estates in Vail and prime pieces of land in Colorado's fastest-growing city, Denver. However, if you want to be away from the big city atmosphere, you can check out Colorado Springs real estate. If you want to be near the University of Colorado, you can look at Boulder real estate listings.

Whether you are selling or buying a real estate in Colorado, you can certainly rely on real estate listings. You can even go online since many real estate companies have now taken advantage of the Internet for easy access and convenience.

Professional Indemnity Insurance For Accounting - A Risk That Needs to Be Covered

Wednesday, August 14, 2013

Given the complex nature of tax laws and accounting & corporate practices in all nations today, professional indemnity insurance for accounting professionals is gradually becoming a must. Keeping this requirement in mind, several insurance firms have formulated cutting edge professional indemnity insurance cover for accounting professionals and financial planning firms. In fact if one peruses any of the companies' lists of claims that are covered by accounting insurance coverage, one realizes that there are a vast variety of claims that the accounting profession needs a buffer against.

For instance a business makes a sizable investment based on the balance sheet made by an accountant or his firm, only to find further down the line that the figures are erroneous. The disgruntled businessman who sees his money lost is quite capable of filing for damages from the accountancy firm, his claim being that it was based on their balance sheet that he took the decision to invest. The accountant is then considered liable according to his professional actions. It is in such a probable scenario that professional indemnity insurance kicks in for the beleaguered accountant. One must always keep in mind that a professional liability lawsuit just does not involve staggering legal costs; it also damages reputations and credibility, sometimes irrevocably.

With the professional indemnity cover in his insurance portfolio the accounting professional knows that the risks of his profession have been factored in. He knows that his claims will be dealt with competently and promptly, keeping his best interests in mind. Broad coverage is beneficial to the accounting professional today. The areas which his policy should cover are legal fees and claim costs, loss of documents, fraud and dishonesty, cost of official inquiries, previous business, outgoing principals and sometimes even vicarious liabilities which covers advice provided by other professionals to referred clients.

All of this is covered under the broad spectrum of errors, omissions and malpractices. These insurance policies are available to firms of all sizes, from solo owner proprietorship firms to large partnership practices. In fact some companies even offer a 'Disabled Partner Replacement Coverage'. All these precautionary moves might seem like over the top to a layman, but for a professional who has invested a quarter of his life qualifying himself and another decade or more to establish his business, its money well spent. Risk management is essential.

In fact there are insurance firms that not only provide professional indemnity insurance to accounting professionals but also a number of adding on services that add value to their product providing for a more satisfied customer. Ranging from free legal counsel from qualified experts offering pre claim assistance, advice relating to issues about accounting practices and procedures, to document review and engagement letter wording. It is a comprehensive and all inclusive package, and any accounting professional will be smart enough to recognize a safety package that encapsulates all his risks, manages them and protects him.

Journey to Everest Base Camp: Meet the Sherpas

Exhilarating, challenging and enthralling: a trek to Everest Base Camp is everything that people say it will be - and more. To follow the route towards the legendary base camp of the world's tallest and most famous mountain is an experience in a league of its own, not just for the magnificent landscape and the journey's incredible legacy, but also because it is a chance to meet the Sherpa people in their own homeland, and learn directly from them about their history and culture. Passing through Sherpa villages and enjoying their hospitality in the tea houses along the route, trekkers will have ample opportunity to talk to those who live here, and share in their traditions. Those who have learned something of the region before travelling are likely to appreciate it all the better, so read on for some background and local context.


For those making the journey to Everest Base Camp, it can be a humbling thought that this region has been travelled through and settled in for hundreds of years before today's trekking routes were established. The origins of the Sherpa people and how they came to live in the region are recorded in local oral history, with stories telling how four groups of nomads - who would eventually become the four most prominent Sherpa clans - travelled into the region from the East, probably originating in Eastern Tibet. There are a number of reasons suggested for the migration, including following salt trade routes, and searching for a legendary Beyul, or mystical hidden valley. Establishing themselves in the Khumbu region, they became known for their expert knowledge of the mountains, and this expertise was greatly valued by visitors who dreamed of climbing Everest. It was a Sherpa man, Tenzing Norgay, who first summited the great mountain alongside Sir Edmund Hillary; many of the Sherpas that trekkers may meet on the way to Everest Base Camp are rightfully proud of this legacy.


Sharing many cultural and linguistic roots with Tibet, Nepal's Sherpas practise a form of Tibetan Buddhism known as Nyingmapa, or the Red Hat sect. This branch of the religion was founded by a religious leader called Padmasambhava in the 8th century, with many stories telling of how he journeyed into the mountains and fought with resident demons, quelling them so that they became helpful spirits. Before the arrival of Buddhism, people in this area were adherents of the Bon religion, and worshipped a pantheon of local deities; today, Nyingmapa incorporates ancient traditions that may be adapted from the Bon religion, including shamanistic practices and belief in spirits. With religious beliefs and customs initially spreading by oral tradition, they are now taught and studied in mountain monasteries, some of which can be visited en route to Everest Base Camp.

Why You Need a Los Angeles Real Estate Agent

Tuesday, August 13, 2013

A large number of Americans make the decision to sell their homes. Are you one of those individuals? If you are, then you may be in need of a real estate agent.

Real estate agents are individuals who are trained and experienced in the buying and selling of real estate. They typically have experience with arranging negotiations with potential buyers, arranging open houses, dealing with professional lawyers or accountants, and managing the final sale transaction. If you live in or around the Los Angeles area, you are encouraged to seek assistance from a Los Angeles real estate agent.

Los Angeles real estate agents work like all other real estate agents, expect for the fact that they are familiar with the Los Angeles real estate market. This is an advantage of working with a local real estate agent. If you are in need of a Los Angeles real estate agent, you will have to find an agent that fits your criteria.

When it comes to choosing a Los Angeles real estate agent to do business with, there are a number of important factors that you should consider. These factors often include the experience of a particular agent and the services that they offer. Many individuals mistakenly believe that all real estate agents operate the same way, but many operate under different guidelines. These guidelines could not only determine whether or not your home sells, but also for how much it sells.

One of the first things that you should consider is whether or not the Los Angeles real estate agent of your choice operates as a duel agent. Duel agents are those who work with home buyers and sellers. In addition to placing your home on the market and overseeing its sale, a duel real estate agent would assist those looking to purchasing a home in the area. Working with a duel agent may increase the number of potential buyers for your home.

It is also important to determine whether or not the Los Angeles real estate agent of your choice participates in an MLS Marketing Service. MLS stands for a multiple listing service. There are a number of cities, town, and counties in the United States that run an MLS program. Instead of searching for homes offered by a particular real estate company, potential buyers can view a collection of homes all in one place. Having your home listed with an MSL program is likely to increase the chances of your home selling.

As previously mentioned, a professional real estate agent may also be able to have an impact on the amount of money that your home is sold for. When finding a Los Angeles real estate agent to work with, you are encouraged to determine how much they will list your home for and how they reached that number. Many real estate agents use an appraiser to determine the value of a home and others use competitive pricing.

By taking the time to examine a number of real estate agents, you should be able to find the Los Angeles real estate agent that best fits your needs. Real estate agents are important to the successful sale of a home. That is why it is important to understand all of your options when selecting a Los Angeles real estate agent.

Securing Military Loans With Bad Credit To Consolidate Debt And Clear It

There can be several reasons why a credit score drops, but it all comes down to the simple fact that combined repayments are too high to manage. But when members of the military get a military loan with bad credit, it can actually be the solution to the problem.

Members of the military are not immune to bad credit. True, they have a better employment status due to the fact their employer is the US government, but they still face the same financial challenges everyone else does. Clearing existing debt is not easy, and therefore securing extra funds to help in the task is important.

But there are great advantages for military personnel who choose to take out a military loan to handle their debt problems. The alternative is to seek a civilian loan to clear debts with, but the terms are not always great.

Military Vs Civilian Loans

So, what are the advantages that securing military loans with bad credit has over securing civilian loans? Well, for a start, the typical terms that come with the military option are far superior to those offered by traditional civilian lenders, with interest rates lower and loan limits stricter.

Because of their secure income, military members have little trouble in proving an ability to make repayments. And when clearing existing debts is the purpose of the loan being sought, the chances of getting approved are even stronger.

Repayment methods also mean that the chances of defaulting are pretty much non-existent. The government deducts military loan repayments each month, diverting the sum to the relevant lender. It means military personnel do not even have to worry about forgetting to make a repayment.

Military Vs Consolidation Loans

But given that there are numerous dedicated debt consolidation programs out there, is this not a more viable option for any military borrower too? In fact, it depends on the specific situation that the borrower is in. Getting a military loan with bad credit is easier, and should do the trick if the debt is modest.

However, if the debt is very large, and a significant degree of financial discipline is required, then getting a consolidation program from a recognized debt consolidation company is usually the best option. These professionals can ensure debts as large as $100,000 can be dealt with practically.

For military members, the challenge of clearing existing debts independently through a military loan can be too much. A consolidation company may be more expensive, with a fee added to loan charges and interest rates, but leaves little room for further mistakes.

Applying For A Military Loan

The decision whether to apply for a civilian loan or a military loan with bad credit is pretty straightforward, but like all financial products, getting the application right is essential to getting fast approval.

The best move is to approach one of the officially recognized military lenders, who have satisfied the standards set by the military itself. However, there are dozens of lenders who welcome military applicants. Providing proof of military membership is obviously pretty simple, but lenders will want to see a credit history, even when the loan purpose is clearing existing debts.

It is also worth approaching lenders online, with official military approval meaning the normal risks of borrowing a military loan online can be avoided. Applications can be received from overseas, unlike with civilian lenders.

Professional Indemnity Insurance - Peace Of Mind

Sunday, August 11, 2013

n. pl. in·dem·ni·ties

1. Security against damage, loss, or injury.

2. A legal exemption from liability for damages.

3. Compensation for damage, loss, or injury suffered.

Definition from the free dictionary

Are You Prepared For The Worst?

Professional Indemnity Insurance (also called Professional Liability Insurance) in today's business jungle is crucial. We don't live in the dark ages any more, and big walls, deep motes and strong shields won't be much help against lawyers, bankers and irate clients. So then, what can protect us in this day and age against these three 'super powers'? What can cover us in the cases where normal insurance won't, such as:

- Negligence

- Misrepresentation

- Violation of good faith

- Unfair dealing

- Inaccurate advice

- Errors or Omissions

Yes, you guessed it, Professional Indemnity Insurance to the rescue!

Insurance Vs Assurance Vs Bankruptcy

Can you afford bankruptcy? Can you afford to carry on business without the assurance of having insurance protection should the client hit the fan? Professional indemnity insurance will provide assurance that your business will not suffer loss, setback or possible bankruptcy. Assurance can go a long way to increasing confidence; and confidence will increase perseverance, and perseverance will increase reputation, and reputation will increase client trust, and client trust will increase confidence - the full circle of safety and peace of mind!!

So... is it worth the insurance?

What Is Covered...

Professional indemnity insurance essentially covers you should your skills or services, bought by the customer, are thrown back in your face; the side-effects of something hitting a fan! It usually covers the legal costs that may arise from the client filing a lawsuit against you and also for any potential compensation in the event of losing the lawsuit.

...And What Is Not

What catches some off guard is the fact that professional indemnity insurance claims can come some time after you have provided the goods or service to your client, even many years later! When a policy expires they are canceled, and you may not be covered should a claim be made after you have canceled the policy or let it expire. You may be resting in front of your fireplace, enjoying your retirement and dreaming of that boat you have always wanted - then the phone rings and that boat sails off into the sunset without you! It is important, crucial that you keep your policy current for a number of years after you retire.

You will face the same issue if you switch insurers. During the 'in-between' time of changing insurers a customer, who bought a service or good from you while you were with the first insurer, could just make a claim against you - and your new insurance company won't protect you. Your previous insurance company won't protect you either, as your cover will have been canceled. Be mindful of this when switching insurance companies and ask the new insurer what provisions they have in the event of this unfortunate scenario happening.

Who Needs Professional Indemnity Insurance?

Traditionally, the term defines itself in 'Professional'; those considered to be the 'men in the white coats', such as doctors, lawyers, accountants and engineers. In more recent times the term 'Professional' has broadened to include many other industries, including education workers, health workers and consultants, architects and designers and real estate agents.

Certain professions are required to have professional indemnity insurance (PII). These include doctors, lawyers, insurance brokers, some contractors and some accountants. The need or requirement for PII may very widely from country to country.

Breaking The Real Estate Bubble Myth

Saturday, August 10, 2013

Bubble? What bubble?

At the root of the Real Estate Bubble Myth is the fact that interest rates are on the rise and the inexplicable truth is that, all of a sudden, everybody is so worried and concerned about it. Interest rates have been steadily on the rise both in the United States and, by reflection, in Canada since mid-2004, so I will leave to psychiatrists and psychologists the arduous task of explaining the newest, interest-rates phobia. I will, however, delve into the reasons as to why interest rates have been on the rise for these past 18 months.

Interest rates are the most important mechanism of Monetary Policy used by Central Banks to expand or reduce the available pool of capital at any given time. Central Banks use this mechanism to control the level of aggregate demand for goods and services, a primary cause of economic fluctuations. By reducing the money stock the cost to the banks for using the available capital is raised and passed on to consumers with a mark-up factor. This, in turn, discourages consumer spending on goods and services and, conversely, stimulates consumer saving. The effects are widespread and reverberate throughout the economic basket including, of course, real estate. What, however, pays to bear in mind is that it is not so much the amount of the increase that is important but, rather, the time given for the economy to adjust. The effect of a one percent interest rate hike in one month is going to be very different - and much more dramatic - than the effect of a one percent rate hike in six months, and this is a fact very well known to both the Federal Reserve System and the Bank of Canada.

So much so, in fact, that David Dodge, the Governor of the Bank of Canada, as well as Alan Greenspan, the outgoing Chairman of the Federal Reserve Bank and Ben Bernanke, the nominee for the Chairman position are all proponents of gradual interest rates increases. Prof. Bernanke in particular, in fact, has gone even as far as postulating an inflation-targeting approach designed to keep inflation in check at 2 percent over two years. All number-crunchers out there, therefore, consider this: the posted annualized U.S. rate of inflation calculated monthly for November, 2005 using the Consumer Price Index published by the Bureau of Labor Statistics is 3.46 percent, so all the Feds are talking about is a -1.46 percent inflation-targeting reduction programme over two years. That amount should be easy enough for everyone to absorb and it certainly does not look nearly as ominous as the doomsayers are all too fond of depicting.

Contrary to the belief of many 'bubbleologists' and the uneducated guesses of ill-informed consumers, a rise in interest rates is actually a welcome variable for the economy and, moreover, it is specifically the tool needed to keep a bubble from bursting. An economic bubble as it is widely known - or perhaps it isn't - occurs when speculation causes prices to increase, thus producing more speculation and subsequent price increases. The bubble bursts when prices of goods are so absurdly high that consumers either refuse or cannot afford to purchase, thus sending demand tumbling down. As real estate markets in North America have seen more than a fair share of speculation in recent times, it follows that a cooling-off trend through higher interest rates will have the beneficial effect of consolidating market wealth achieved thus far. The bubble would be likely to burst if no pressure were applied on speculation, thus increasing prices even further and causing demand to lower and finally collapse. Allowing the economy to get an even footing through a slowdown of capital appreciation and, at the same time, allowing real wages to catch up is exactly the tonic needed for a healthy foundation. Higher interest rates, moreover, promote domestic saving and attract foreign capitals thus reinforcing both the Greenback and the Loonie, another beneficial factor in finance albeit not in trade.

So, what is the prognostication for 2006? Real estate consumers need to look no further than at the prices large developers are asking - and collecting - today for new construction slated for completion by the end of 2006 and beyond. Prices for residential condos in the planning stage or just under construction sold 'on paper' today are about 10 percent higher than prices of equivalent existing resale units, which goes a long way to point out where big players think the real estate market is heading. The basis of this buoyance is that consumer confidence is stronger than ever. Just before the Holidays, in fact, the Feds reported that the Index of U.S. Consumer Confidence has risen to 103.8 from 98.3 in November, the second highest level since August, 2005 when the Index reached 105.5, a reflection of lower energy prices and an improved job market environment. Moreover, preliminary estimates already show an 8.7 percent rise in Holidays spending in the United States and a 7.6 percent rise in Canada over the same period last year. There is no valid reason to believe, under the circumstances, that consumer confidence applies to everything but real estate and that an economic bubble would affect only real estate markets and nothing else. Furthermore, Real Estate Boards across Canada and the United States report that inventory levels are 'seasonally normal' - an indication that the anticipated glut of housing due to the inability of homeowners to meet mortgage payments has failed to materialize thus far. In fact, those who worry that adjustable-rate mortgages are a potential financial time-bomb ready to explode should be informed that while there has been a surge of new adjustable-rate mortgages over the past twelve months, especially in the United States, they account overall for less than 10 percent of the total existing inventory of mortgages held by banks. Furthermore, many adjustable-rate mortgages have allowed consumers to fix rates up to 10 years, and it is only borrowers of sub-prime mortgages that face monthly-payment adjustments after three years - which therefore means that the problem, if there is a problem, will come due in 2008, not in 2006. Interest rates increases have absolutely no impact whatsoever on the vast majority of mortgagors who have locked in already.

In conclusion, therefore, it certainly appears that the Real Estate Bubble theory belongs more to Greek mythology than the reality of our times. There is in progress right now a reduction of real capital values, which will continue for some time as the direct consequence of the markets taking a breather. This trend is expected to settle real estate markets to new, more commensurate pricing levels before appreciation will surge upwards once again. Where the difference will be seen more likely than not is in the annualized rate of appreciation: gone are the times of twenty percent capital appreciation increases from year to year. As interest rates are steadily, gradually increasing, expectations in economic circles range from a conservative 5 percent to an optimistic 10 percent housing appreciation in value by this time next year. But there is no question that real estate markets still have a way to go to make up for years of decline. Those who theorize the collapse of the housing market by comparing it to the stock market are fundamentally incorrect. At its core the housing market, like the stock market, is all about supply and demand. However, the difference is that investors base their decisions to buy into stocks on future potential whereas investors base their decisions to buy into housing on inherent value. Moreover, externalities as varied as immigration, internal migration trends, marriage trends and cultural precepts as well as generation gaps affect real estate markets whereas they are totally missing in stock markets. As such, real estate markets just do not 'crash' like stock markets. There is not going to be in real estate the infamous Black Monday - October 19, 1987 - when the Dow Jones collapsed 22 percent in value in one day. When people buy into stocks there is no guarantee whatsoever that the companies they are buying into will be still in business five, ten, fifteen years down the road. Real estate markets, conversely, are far, far safer.

In the absence, therefore, of external negative influences the likes of wars, terrorist attacks or devastating virulent pandemics - which, on the other hand, would affect the entire economy - and until such time as consumers exhibit confidence and purchasing power the way they have been doing thus far, there is no reason to fear bubbles of any kind anywhere in real estate. Hence, do not expect to hear a popping sound any time soon.

How To Keep On Top Of Your Businesses Cash Flow Forecast?

Friday, August 9, 2013

To ensure a successful business it is imperative to know what the future has to hold. Without successfully calculating profits, projecting turnover and determining the outgoings of the business it becomes very difficult to plot a course towards the future development of the company. Having a good cash flow forecasting process in place allows you to make certain business decisions much easier and also lets you to see issues in finances before they arise and means that you aren't panicking when you need to pay the bills.

In some industries, there is an initial outlay in either cost or time before you are able to invoice the client, this is something that is often difficult to include in your forecast. If you are an electrician for example you’ll need to buy parts and cost for labour before you hand out the invoice, if you provide a service such as marketing or PR it is likely that you’re going to have to pay your staff’s wages before the invoice is paid to you. It is therefore important that you know how much each job is going to cost you and ensure you've got this money set aside before commence work.

Other than cash flow software you may want to develop a comprehensive Excel spreadsheet which you can glance at to immediately see what is going on with regards to your company’s finances. With a basic knowledge of Excel formulas you will be able to forecast your turnover, profit and loss each month. It can also help with the calculations so that you know exactly how much you need to bring in each month in order to break even.

Purchase orders may be considered to be old-fashioned and time-consuming, but depending on the industry you work in they may well be a good addition to your financial procedures. Being able to prove that you have an order from a client can mean that if a difficult situation arises, you have a back-up.

The final point is to make sure that you are being realistic, all too often businesses forecast on the theoretical large job that is ‘sure’ to come in this month. Being conservative isn’t a bad thing and means that you won’t be caught short when it comes to the time when you need to pay your bills.

Forecasting cash flow can be difficult to start with, but once you've got a good, efficient and effective system in place it becomes much simpler to manage the process.

Chicago Real Estate Appraisal

Thursday, August 8, 2013

The first thing to do before selling your real estate property or buying one is to get an appraisal. This is essential in all situations. Whether you are a first time seller or a savvy real estate investor, you need to get your property appraised before you put it on the market.

Real estate appraisal means determining a piece of property's monetary equivalent based on its highest and best use value. A real property's value differs in many ways: market value, value-in-use, insurable value and investment value.

In order to optimize the sale of your property and get every cent you deserve, refer to a reliable appraiser. An accurate Chicago real estate appraisal is important for loan financing, real estate tax and financial planning.

The real value of property is not in its physical appearance but its use. For example, a certain area of land may be given its highest and best value as a commercial lot rather than as a residential property. So if you are looking for a place for your family, it would be best to opt for real estate labeled as residential. For one, dwelling in a commercial space may not be legal. And two, most commercial spaces are more expensive than residential areas.

So to be on the safe side, acquire a Chicago real estate appraisal before you take action. There are plenty of appraisal companies all over the Chicago area that will put you in touch with qualified appraisers. A quick visit to any appraisal company is all you need to get a Chicago real estate appraisal.

Protect your investment with a Chicago real estate appraisal. Whether your property is a 2-room apartment or a sprawling mansion, a log cabin in the mountains or a high-rise condo-you should get an appraisal before you put it on the market.

Royalty Audit - Is Your Income Everything It’s Cracked Up To Be?

Wednesday, August 7, 2013

In days gone by, people used to think of royalties as something that really only concerned authors and musicians. The truth is that today royalties are paid on a whole range of goods and services which third parties have been given a licence to use themselves or supply to others for cash. This might apply to everything from food outlets and computer software to pharmaceuticals and technology. Very often there may not be anything physical involved but simply intellectual property.

Either way, it is essential that anyone granting a licence or franchise or allowing the use of IP gets used, early on, to the idea of royalty auditing. It doesn’t matter who you are providing a licence to, you need to assume that, at some stage, you will suspect that you are not receiving as much by way of royalty income as you thought you might.

This is where royalty audits comes in. Even if it is not written into the original contract, you are entitled to insist on a specialist royalty auditor going in and examining the books of your licensee to check whether everything is in order.

An experienced licensee or someone who is just taking a chance will doubtless find all sorts of wrinkles that result in reduced royalty payments. One crude example might be when a licensee deducts a percentage of sales to allow for pilferage by customers and staff.

A specialist royalty auditor will be well acquainted with all the potential pitfalls and things to expect when experiencing the reality of a licensing agreement in practice rather than in theory. In fact, most licensors will take the precaution of having the auditor in at the initial contract drafting stage so that all the usual areas of contention can be covered at the outset. Don’t worry about your prospective licensees being frightened off by this. It is perfectly reasonable for you to insist that the auditor is there at the beginning and is entitled to make future inspection visits to audit the books.

If you plan to license IP overseas, you will also need to make sure that your royalty auditor has wide international experience. What goes on in one country might be the norm there but might well be considered totally unacceptable in the UK and other mature Western jurisdictions.

Finally, if you think that royalty auditing is not, on balance, likely to prove worthwhile bearing in mind any associated fees, it is worth noting by way of example that an audit of a major international publishing company conducted on behalf of a global entertainment giant identified a whopping 27% shortfall in licensing payments compared with what was actually due.

This Isn't Living, This Is Dying!

Tuesday, August 6, 2013

Invisible Cages

Any free society should be based on the concept of voluntary action but voluntary action alone does not lead to a free society. Volunteerism has been popularized by the concept that you own yourself. If you own yourself then you should be able to sell your time body and hence your liberty. The problem with this argument is that you don't own yourself, you are yourself! To say that you own something implies that there is an owner and the thing that is owned. You can't sell your labor because you are your labor. Otherwise people would go back to sleep when their alarm clock goes off, while their labor goes off to work. While the argument of self-ownership sounds interesting and even implies the concept of liberty, the reality is the opposite. The very idea of self-ownership turns people into commodities. It strips the humanity out of humans. People can now be bought and sold in the market place. On a larger scale the commodification of human beings has striped the humanity out of society, leaving a landscape devoid of human qualities and a people completely alienated from each other, a society in which we exist inside invisible cages.

Thank Freddie

The commodification exploitation of people has always existed but it was capitalized by Frederick Taylor in his theory of scientific management. In the late 1800's, Taylor complained that workers were lazy and could produce exponentially more by tough management. He studied the motions of workers to find out how to increase their productivity. It turns out that if an employee performs the same task over and over, then he could manufacture more product. Anyone who refused to conform to Taylor's methods were fired and had their wages reduced. Soon a new class of managers emerged while the highly experienced labor force was transformed into unskilled workers. It was Taylor's belief that all would be benefited by his methodology. To his surprise with the increase in productivity and profits the workers' wages were stagnant and even decreased. Scientific management along with a new class of managers quickly spread to all sectors of the economy. All of society, the schools, the workplace, the government, could be turned into large assembly lines. The fast food industry today epitomizes Taylor's legacy. Behind the counter kitchens are geared so that workers don't have to move or even think. Each person performs the same repetitive task endlessly like robots.

Cubicle Hell

The factory of yesterday has been transformed into the high-rise and the cubicle. The factory foreman has been replaced by the suit and tie. Almost every job including office work has been reduced to a monotonous task, typing, printing, going to meetings and generating reports that nobody reads. It's all the same every day, these dungeons dressed in fluorescent lights, phony smiles and mundane tasks. We were told that if we went to college we would become marine biologists, physiologists and writers. With the exception of a few, nothing could be further from the truth. The average student debt today is over $23,000. All those wannabe artists, sociologists and investigative journalists have been prepped for the reality of the cubicle. Not for their choosing but because they must pay back their loans. These people will be herded into sterile offices like animals because the world doesn't want truly creative people. The private sector needs people who can write memos, push paper and calculate profits and losses. The managers will impose work tempos, production quotas, you punch in, you punch out, surf the internet, you'll stay late. You'll day dream about what life could have been because this isn't living, this is dying.


While the government is usually blamed for limiting individual freedom, nothing attacks human liberty and sovereignty more than the work place. A person can buy you and extract your labor, an entire system of ultra-surveillance ensures your obedience to your superiors, regulations are all prevailing. You are told when to show up to work, when you can leave and what you must do in the meantime. They watch over you, inspect you, spy on you. They punish, forbid, correct, assess, number and abuse. Your told what to wear, trained how to talk and you are forced to compete with other workers. When you talk back or make a mistake you can be disciplined or scolded as if you were an infant. To paraphrase Bob Black, discipline is what the factory and the office and the store share with the prison and the school and the mental hospital. It is something historically original and horrible. It was beyond the capacity of demonic dictators such a Nero, Genghis Khan and Ivan the terrible. For all their bad intentions they just didn't have the machinery to control their subjects as thoroughly as modern despots do. This is the complete annihilation of human dignity, transforming people into prisoners. Even the most totalitarian states never had this much dominion over their subjects.

Decay of Human Potential

We used to get injured on the playground, now we get occupational overuse syndrome, muscular skeletal disorder, repetitive strain, tendonitis, cervical radiculopathy. We have problems with our eyes and our spine that even the best doctors can't figure out. The sedentary lifestyle is the new trend along with its legion of diseases such as diabetes, high blood pressure and obesity. Performing the same tasks day after day, week after week, year after year is an assault on the human psyche. Nothing can be more detrimental to human growth, creativity, personal progress than the tedium of the workplace. When a person carries out the same monotonous job they're naturally drained of energy at the end of each day. It's no wonder then that the average person spends over 4 hours per day watching television, consider that. We spend 8 hours at work, 8 hours sleeping and after preparing for work, commuting to work and eating at home we only have 5 hours to ourselves and 4 of those are spent in front of the television. We actually live in a society that nurtures and maximizes stupidity and stunts human potentiality.

The 1%

Repetition is the enemy of every worker, the chains of humanity. Yet it is the liberator of the business executives and managers. Instead of using technology to free individuals, as it could be, the private sector has turned people into gears and commodities while they are the beneficiaries. These people make a living off of our lives, stripping us of our dignity, stealing our meaningfulness and seizing our essence.

New Religion

Frederick Taylor's legacy has become ubiquitous; in the last 100 years his methods have been studied, improved and refined with immense precision. Scientific management is today's god; its technique has saturated everything. Our schools, our workplace, our government and even our lives are regimented with this insanity. We can see it all around us in the cars we drive, in the advertisements we see, in the government that doesn't work and in the homes we live. When something is so pervasive we become entangled in its net. Every day is the same, a repetition with no end, dulling the person until they feel like they are living in a dark haze under water.

The American Dream is Dead

We were told if we worked hard enough we could experience the American dream. What we weren't told is that there isn't one and there never was one. A new reality awaits our young where wealth and equality has been celebrated and deified, yet inequality has created the separation of power and power, more than anything else, limits liberty.


The workplace needs to be transformed not by deskilling laborers as Taylor did. Instead we need to liberate workers. Every employee should have the opportunity to participate in a variety of jobs from manual to intelligent labor. Workers should have equity in the workplace so they can call it their own. They should not be perceived as mere automata or commodities on a factory line but as living beings. We should be building technology to liberate not to enslave. All tedious and unwanted jobs should be reduced or automated. Most of all we should be producing not for the market but for people.

The Time is Now

It is important not to completely dismiss Taylor and his method, productivity is important. After all both the US and the soviets under Lennon used Taylor's methods to pull themselves out of the dark ages. However there comes a time in every society to transform such barbaric and childish techniques with moderation and compassion. That time is now. We cannot talk about liberty if we can't even mention the place we spend a third of our life.

The Return

"But its voluntary" you say. That is always the answer you hear repeated and repeated. "It's voluntary, we live in freedom". No we don't live in freedom, we live in invisible cages, we live in slavery. While it is true that every free society should be voluntary, volunteerism is not enough. Labor should be humanities highest aspiration, the basis of ones dignity. Until the day comes when the thinker works and the worker thinks. Free intelligent labor can emerge and humanity can once again be instituted.


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