Rabu, 01 Mei 2013

Taming Customers though Promotional Marketing

If a business firm id able to control the minds of million of customers, it will earn billions as profit. It is impossible to do that. But using some promotional strategies, the mind of the consumer can be tamed by influencing their decision making power. They can be presented with material, which can be motivating and persuading. There is no magic involved in this; only the psychology of the human mind is to be studied and played with. Human mind reacts to different situations in different ways.  Some key psychological aspects can be studied in promotional marketing to get overwhelming customer response.

Curiosity is the want to explore the unknown. Humans are always in pursuit of knowledge. They want to know more than what others know. Secrets are simply hard to be kept. This desire can act as an attractive force in marketing. Like customer won't be that interested if they are told that they can be provided with successful diets. Instead they want to hear the secret of the diet plan which is being provided.

The information shouldn't be let out easily. Obviously it is important to catch the attention of the customer by interesting heading, but the content, too, should be as interesting so as to retain the interest of the reader till the end. In case of cross-titles or sub-titles, the initial ones will always have the advantage of developing more curiosity than the following sub-titles.

If the content speaks about why the customer should select so and so company or product, it will be easier for them to relate to it. Let the matter speak out and give the explanation by itself. Like supposing a company wants to sell some product before the expiry date and it's the slowest time of the season, plain advertising won't do the trick. Customers are smart enough to think that the company wants to get rid of the old stuff. Instead if the customers are provided with a discount or a limited time offer, a believable reason, they will be more attracted. Every action should have a solid reason.

Customers are greedy from a marketing point of view.  By understanding the need of the customer, a basis can be prepared for the content. Their greed should be taken into consideration while preparing the content. They should be shown how the product or company would benefit them. They want to buy benefits in the form of products. Suppose when advertising for a camcorder, say that it displays all the colors that can be seen with naked eye, instead of saying it supports 16-bit color.

Just specifying that the memory card have a memory of 2 GB isn't catchy. Instead it should be quoted that the memory card can store over 500 pictures, 100 audio songs and 50 videos. This surely will increase the customer enthusiasm. The benefits should be clearly mentioned to the customer and later other information about the product can be discussed, incase if they are looking for more. This is called listing the product features. Features reveal what the product has and benefits describe the advantages that can be derived from those features. Each feature can have more than one benefit, depending on different situations and customer needs. Lots of benefits and fewer features should always be the way to go.   


Marketing and Selling on Internet

 Marketing on the Internet involves online advertising to reach out to potential customers. It requires creativity like designing, development and technical aspects like marketing and advertising. Affiliate marketing, email marketing, search engine marketing and interactive advertising are all different facets of Internet marketing. It also includes sales, public relations, information management and customer service. Ever since the advent of Internet, it is widely used for all kind of purposes. Among the advantages of Internet, some helps in doing business, shopping, etc, from the comfort of the house. According to a research, a quarter of the Internet users shop online. It has also helped grow electronic commerce and Internet marketing is a part of electronic commerce. 

Direct marketing techniques like radio and television commercials, mails, and newsletters are the inspirations for Internet marketing, which involves direct response marketing strategies and is rapidly growing. Business-to-business, also known as B2B, and business-to-consumer, also known as B2C, are the two business models to which Internet marketing can be linked. B2C companies were the first to start when Internet marketing originated. They are companies that sell directly to the customers. B2B companies are meant to do business with each other.

Websites built for Internet marketing are slightly different than others. There are peer-to-peer modeled websites which are used to exchange products and services between each other. Other is name-your-price, where the customers have to specify their price range that they can spend and select products that fall in that price range. Priceline.com is an example of such a website. Amazon.com is a website which is based on find-the-best-price model, where customers can find the lowest prices. Last are online auctions sites, where items are bid. Ebay.com is an example. 

The companies who use Internet marketing are at an advantage. They don't need to put in huge amounts of energy and time in Internet Marketing like other traditional methods. With the help of only few resources national and international markets can be reached. Because of very low investment, even small businesses are turning to online marketing. Websites and blogs have been developed for this purpose. Internet marketing is advantageous in the sense that the data is easily available on the Internet. Newsletters can be directly sent to customers and if it doesn't contain the information they are looking for, they can search for information about the product online, make a decision and purchase it online itself.

One of the factors that hinder the growth of online marketing is delayed loading of the page. The web pages that take a lot of time to download test the patience of the consumer. To add to that, if the businesses design complex web pages with lots of graphics and animations, it will slow down the speed even more. Another minus point of online marketing is that the customers cannot feel, taste, smell or try products in order to make a good decision. To over come this, some of the online stores have created liberal return policies with the help of which the customer satisfaction is guaranteed.

Another biggest threat of online shopping is identity theft. Paying online using credit cards, e-checks are susceptible to hackers and information can be stolen and used. Many hackers and websites have been caught who were involved in buying and selling of personal information. Most of the websites have taken measures and incorporated good security on their websites. One of the best methods is encryption. When the data is being transferred between two computers; there is a possibility of a hacker intercepting it. So the data is changed by applying some encryption algorithm and is sent through the network and upon receiving, the decryption algorithm is applied to bring back the data to its original form.

Online selling is influencing all kinds of businesses like banking, advertising, music, etc. Instead of going to a store for buying cassettes and CDs, music can be bought online. Bank transactions like depositing, withdrawing, transferring funds, and paying bills are all performed online. Billions of dollars are invested every year in online advertising alone. 

Selasa, 30 April 2013

Relationship Marketing

Relationship Marketing is targeted at building stronger and long lasting relationships with clients and other companies. The business is done with a strategic orientation, where the relationship is improved with existing customers rather than finding new customers. It is meant to cater to the needs of individual customers. Its major part involves studying the need of the customer and how it changes in different circumstances.

Relationship marketing applies techniques like marketing, sales, customer care and communication. The relationship is not only enhanced but its life period is increased by these strategies. And as the customer realizes the value of relationship, they are drawn closer. This marketing not only focuses on building relationship and attracting customers to their products and services but also how to retain them.

A raw form of Marketing came into existence in the 1960s. But, organizations were still facing difficulty in selling products, so a system was developed to sell low cost goods to larger group of customer. Leonard Berry and Jag Sheth originated this marketing, in 1982. It was started in B2B markets and industries, which involved long term contracts for many years.  Over the period of time, various marketing strategies were improved and relationship marketing was one of them.

Relationship marketing is applicable where the customers have many options in the market for the same product or service and the customer is entitled to make a selection decision. In such a kind of market, businesses try to maintain their clients by providing comparatively better products and good service and hence, achieving customer loyalty. And once it is achieved it becomes difficult for competitors to do well in the market. The customer turnover wasn't paid attention on as the main attention was on customer satisfaction. This kind of marketing was initially named as defensive marketing. Offensive marketing is the marketing strategy where not only new customers are attracted, but also the sales are stepped up by increasing the purchase frequency. This kind of marketing concentrates on freeing dissatisfied customers and acquiring new customers.

According to a research, the cost of retaining an old customer is only ten percent of the cost of getting a new customer, which makes sense to not to run around to get new customers in relationship marketing. And according to another research done by cross-sectional analysis, says that, a five percent improvement in customer retention is responsible for twenty-five to eighty-five percent of the profit. Usually high cost is incurred when getting new customers, so if sufficient number of existing customers is retained, there will be no need of acquiring new customers.

Once the customer trust is gained his chances of switching to other company becomes relatively less, he buys goods in bulk, he buys other supplementary goods and he starts neglecting average price variation. This maintains the unit sales volume and there is an increase in dollar-sales volume. The existing customers will be like a living advertisement. If he is satisfied with the company he will recommend it to his friends and acquaintances.

Since the existing customers are familiar with the process, it will take less time and money to educate them about the procedures putting fewer burdens on employees also and making them feel more satisfied with their jobs. The customers are divided into groups based on their loyalty. This procedure is known as relationship ladder of customer loyalty. The groups in ascending order are prospects, customer, client, supporter, advocate and partner.

Due to the advancement in computers and Internet, software has been developed to facilitate customer relationship management. With the help of this software the tastes, activities, preferences, and complaints of customers are tracked. Almost all the companies have this software in their marketing strategy, which benefits the customer as well as the company.

Thus the main aim of relationship marketing is to construct and maintain relationship with committed clients who are meant to bring profit to the company. The other benefits achieved are confidence building and social benefits.

Marketing and Sales: What is the difference?

Marketing and sales are one of the most important components of a business's survival in the market. While both are dependent on each other many people confuse marketing with sales and vice-versa which is a big mistake. Marketing involves designing a product according to the needs of the market and customers, promoting the product through advertising etc. and setting up a competitive price for the product. Marketing is a platform which drives sales. While on the other hand the sales process is what you do to successfully sell a product and fetch a contract. Sales and marketing together is a part of selling and one cannot do without the other. They can also be called activities. The success of a business is critical to the success of these two important activities.

Marketing is the backbone of a company's future and launching pad for the sales. While the marketing process encompasses the design of the product, advertising etc. the sales process is the execution of all the efforts which involves direct interaction with client either by in-person meeting or cold calls or by networking. But there is always an ongoing rivalry between the two, one claiming dominancy over other. The marketing people say they have an upper hand because they think it is they who designs the products, lays down the strategy and also develops tools essential for sales. They say sales are the outcome of marketing and thus should follow its directions. The sales people might not agree to this view and may be completely opposite in their opinion. They think that it is the sales people who actually sells a product and bring money to the business.

But many experts believe that marketing should play a pivotal role among the two. A successful marketing campaign makes sales easy and makes people believe that it is actually the sales people who are the dominant leaders. The most important role of marketing department is to create opportunities for the sales department. Marketing drives sales and sales drives companies' success. Marketing is like a life support for sales, one who is constantly backing up the sales department and enabling them to successfully deliver the end product. There shouldn't be a race to gain supremacy over another department but a race to win the market and customers working together.

Many businesses combine sales and marketing together but in reality they have different targets. While the sales department is interested in fulfilling the requirements of what the customer asked for, the marketing department is actually busy studying what the market demands. The goal of the marketing department is to foresee how the market will shape up in future. They should envision their product catering to the needs of the market for next few years and be ready to make design changes in their product accordingly.

It is very important that a company integrates their sales and marketing department in a well fashioned manner. It is the correct integration of these two important entities that fuels the growth of a company. The sale people should not be merely treated as the cash collectors. Each department has its own role and should go hand in hand in selling the product of the company and should be the foremost important criteria.

Sabtu, 27 April 2013

What=?UTF-8?B?4oCZ?=s a Career in Personal Finance?

A lot of people often don't know what they want to be. Those who enter college will often get the course they thought they are interested but later on will change courses as they come to realize their actual calling. For me personal finance was one of the courses in college that really called out at me.

You might say it yelled at me. "Take me as your college course!" That would be ho personal finance would be yelling inside my head. It may be weird to some of you but to most of you who had that epiphany of what you want to be, I know you can relate to what I mean.

To the uninitiated, personal finance is simple taking care of your own or someone else's money. Although, there's truth to that, but the process and the responsibilities are not as simple as what you might think. Personal finance is using financial principles to help individuals, families, or a singular unit get money, use that money wisely, save some, learn existing and possible life risks that would affect how they will gain and spend their money.

Okay, it may sound simple but combining all these principles to elements like checking and saving accounts, insurance policies, tax management, credit card loans, investments, retirement plans, and social security benefits, efficiently managing the finances is definitely a challenge.

Part of your job as a personal finance professional would be informing people how their financial decisions will come into play with their lives today or in their future. It is your responsibility to educate them on the consequences of their financial actions. With this in mind it is important to provide regular assessments of the client's finances. Reevaluating the steps that were previously undertaken for financial gain and security should be conducted also on a regular basis to keep the financial situation updated and always in perspective.

Assessing where you are so far financially would mean getting all those balance sheets and income statements in order and trying to balance the values. Simple balancing of assets and liabilities is always the first step in assessment.

Once you know where you stand, you can set goals and objectives. It's planning aside where you will be financially in say ten or fifteen years. Living off your pension after ten years, enjoying the good life is a goal that most people set for themselves. This is a good goal, since after working for years you earn the right to live the rest of your life relaxed and comfortable. Personal finance professional is supposed to help clients reach their personal goals.

To reach their goals, it is imperative that one has a concrete plan of action. In this plan, financial details will be laid out. Short term and long term goals with corresponding financial computations will help make overall financial planning a lot easier both for the client and the personal finance professional .

Now, assessment, setting objectives, and planning can all be tiring and time consuming stuff but the reason for all these meticulous planning is to ensure that implementation of the personal financial plan will go smooth. Admittedly, the most difficult phase of personal finance management is setting the plan in motion and sticking to it. Discipline is the word here. You need to constantly remind yourself of your final goal to keep you motivated and stick to your financial plan.

With this in mind, it would be important to conduct regular assessments and evaluations along the way. This will keep you focus and see if you have deviated from the main financial plan. You can put yourself back on track through regular reevaluation of your financial status.

This is basically what a career in persona finance will take you. Focusing on individuals or families and helping them with their financial management while incorporating philosophies, ideas, and elements of business and financial management techniques. Is this for you? For me it is.

Reminder about Career plus Finance Mindset

There are many risks that you have to do in life. But life with career plus finance or work inside the finance industry will present you with more challenges and risks than you may have imagined.

Do not fear those risks. Finance involves money, the value of time and the risks involved. Interrelate the three and you will get an idea of how this concept works.

There are many avenues that you may want to venture on to when you are already on this type of business. You must gain experience through time because your career path will all boil down to what you know. If you want to succeed in this avenue, know all its corners, the manholes and especially the good roads.

Choosing a career in finance must be done when you are still choosing what courses to take in college. But other people are lucky to enter this world with little academic knowledge. Yes, there are high school graduates who eventually become successful in this field.

Pleasing Personality

It is very important that you know how to relate to all types of people to be able to last in this biz. You cannot be affected by just anything ranging from petty to non sense. To be able to last in the industry, you must know how to dance to the music whatever its genre is.

This will be most useful when you become involved in sales. Your bread and butter will be your charm. So you must know how to charm your way into this world and charm your way towards the clients’ hearts. You must have enough convincing powers to be able to close such priced deals.

Supreme Knowledge

The finance industry is no ABC. You must not treat this as trip to the park or watching your favorite movie with a buddy. This is a serious world. You have to know what you are talking about to be able to relay to people proper information.

This doesn’t mean that this will be a boring world to live in. Who will be bored when you are earning more than enough? Yes, money is not everything so you must also know how to use it right. You must know how to pamper yourself once in a while. But you must not forget feeding your mind. It is your asset. It is your gem. So nurture it in order to be good in the field.

Greener Pastures

In this industry, there are no other ventures but to go up and look for greener pastures. In order to do so, you must be able to understand everything that each of your jobs teaches you. Experience work and life. Learn from everything that comes your way.

Through time, you will be able to land on those greener pastures. Do not forget to look back and teach someone like you when you were starting if you can afford to do so.

There are so many things to do every day in order to last in this industry. It will be helpful if you will take note of every vital detail and include that on you action plan.

Setting your mindset on a career plus finance mode will help you get through this industry with flying colors. So from the start, set your mind to always win. Risk whenever you have to. Do not be afraid to come out of your safety nest once in a while to be able to get hold of what are the possibilities for you in the finance industry.

Household Finance Career Opportunities

Let's say you have been an accountant for a very long time. You are probably a manager, a supervisor or maybe even a partner. If you don't like the long hours anymore and want to slow things down, there are household finance career opportunities that you can look forward to.

What do we mean by household finance career opportunities? Basically, you will be doing your accounting practice from the home. You may not have to work the same hours as before and instead work with people who need to complete their tax forms before the deadline or perform the same services for small businesses.

You get to choose the kind of workload you get, the number of clients you will see and so forth. With the years of experience under your belt and your credentials, it will be easy for you to open a private practice instead of someone who is just fresh out of college.

The first thing you have to do is advertise by telling your clients that you will be going into private practice. Some of these people may stay with you since they are happy with your services but since you can't just rely on that, you will have to market yourself as a practitioner. There are websites that invite professionals such as yourself to sign up. You can also post an ad in the newspaper or in the community bulletin board.

But if you don't want to leave your current job, you can still do some household accounting but on a part time basis.

In any case, you will need to purchase a few things for your home office. This includes a fax machine, a copier, a computer and a few computer accounting programs similar to what you are already using.

The start up cost for everything if you don't have it yet will be from $2500 to $4000. This is a small amount that can be recovered quickly again because of your experience in accounting.

To give you an idea, one report shows that accountants make $22500 to $52500 annually working 30 hours a week that charges by the house $20 to $30 per client. This may not be much compared to what you were earning before because you are not working 40 hours a week which is the standard in the profession.

This of course may change depending on your credentials. The nice part is that you manage your own time unlike before where you have to meet deadlines and at time multi-task to get the work done.

Aside from relying on your previous clients and posting ads, you should also get in touch with other professionals who may be able to recommend clients to you. One example is the American Institute of Certified Public Accountants or AICPA.

Being your own boss is a change from what you have been used to but at least you have time on your hands to do other things apart from work. You can spend more time with the family, take up classes or learn a new sport.

For those who decide to leave their current jobs and want to pursue a household accounting career, look forward to the future. Life as you know it does not end when you leave that 40 hour per week desk job.

Jumat, 19 April 2013

Search Engine Relationships To Marketing

The landscape of search engines have went through
some drastic changes over the years. Not only with
technology, but also with various partnerships
between the many different search companies as well.

You might be running your search engine queries on
a particular search engine, although who is actually
supplying the results – it could be a different
company altogether.

Below, is a list of the search engines that feed your
precious keywords:

Yahoo provides the primary search results for Yahoo
search, Alta Vista, and AllTheWeb, and receives paid
listings from Yahoo Search Marketing (formerly known
as Overture).

Google provides the primary search engine results
to Google AOL Search and also Netscape. Google also
supplies paid listings to Lycos, Ask, Netscape, AOL
Search, and HotBot. It also supplies secondary
results to HotBot and receives it’s directory data
from DMOZ.

Lycos receives the directory search results from
DMOZ, primary results from Ask, and paid listings
from Google Adwords.

Hotbot receives directory search results from DMOZ,
primary search results from Ask, and paid/secondary
results from Google Adwords.

Ask provides primary results to Ask, Hotbot, and
Lycos. It receives secondary search results from
Teoma and the directory results from DMOZ, with
paid listings from Google Adwords.

In relations to marketing, search engines can
provide anything you want to know. If someone is
looking for something, they normally refer to the
search engines. When they type it in, the highest
sites on the engines will show – which is normally
where the visitor will go.

By keeping good position on the search engines,
you’ll be near the first for visitors who are looking
for a certain product. You can make a lot of money
with search engines as well, if you know what you
are doing.

Smart Affiliate Marketing Advertising

Affiliate marketing is really about the promotion
of products with an online company. The affiliate
will sign up with the advertiser or marketing arm
of the company, then the affiliate will become
an active looker of clients.

Advertising is the means to making a great number
of consumers aware of certain products. Therefore,
advertising should be both attracting and appealing
to consumers. If the advertising isn’t appealing
enough, it won’t be effective. If the advertising
manages to pull the attention of consumers, then
it’s considered to be powerful.

To make advertising powerful and effective, the
affiliate must use smart methods of advertising.
An example of smart advertising is the re-use of
one key concept of affiliate marketing – the
harnessing of human resources. What this means,
is that an affiliate may tap on the capacities of
others to bring more visitors to the website.

The economics involved of making an affiliate
marketing program beneficial can be simple, yet
unquestionable. Say for instance, when a visitor
ups a form to the website of the affiliate, the
affiliate may be earning .50 cent from the company
that he’s promoting. In a single day, he may
refer ten visitors – which is equivalent to 5.00.

Keep in mind, the affiliate may increase his income
by utilizing others as well. The more people an
affiliate manages to recruit or get to make purchases
or fill out forms, the more money that affiliate
will make.

To have a significant increase in income in
affiliate marketing, an affiliate can actually
do three things. First of all, the affiliate must
search for a profitable site. Next, he’ll need to
link with companies that are generous with their
leads. Last, the affiliate will need to locate
a progressive and rising company online then
recruit affiliates for the company.

Things To Know About Affiliate Marketing

The truth behind affiliate marketing is the fact that
90% of affiliates will actually make less than 100$
a month. Therefore, you shouldn’t count on making
full time income unless you can get very good at the
1. Building a good web site that converts.
2. Search engine optimization. You’ll need a
lot of traffic, as maybe 1 out of 200 visitors will
buy your products. SEO can help you get your site
in the search engines so more people will be able to
find you.
3. The trial and error of picking the right
merchants and learning the correct ways to promote

Too many people out there assume that affiliate
marketing is actually a get rich quick type of
program. These types of people will throw up a
couple of banners, then wonder why they never make
a single sale or any money at all.

How long you’ll need to do it depends on how much
money you are wanting to make. If you are a quick
learner and really good at affiliate marketing, you
may high 2,000 in 2 years. This is based on the
fact that you are starting at 0 and the fact that
you have another full time job, not being able to
devote a lot of time working with your affiliate
marketing program.

If you decide to give it a try, the hardest challenge
will be the first few months. If you check your
stats and see that you are only making a couple of
bucks, you’ll find yourself wondering if all the
hard work was worth it. If you get some sales
going and stay committed with your hard work, the
commissions should start growing.

One of the biggest factors with affiliate marketing
is the traffic that goes through your site. Even
though you’ll get a lot of traffic passing through
your website, only a fraction of the traffic will
be buyers.

The key here is knowing your visitors and then
being able to determine which affiliate programs
you can offer to meet their needs. There is also
the concept of pre sale, which is the ability
to put your visitors in the required open and
mind set that’s required for them to actually click
on what you are selling.

By sticking with affiliate marketing, you’ll learn
more and more over the years. You can’t expect to
be the best when you first start, it’ll take a lot
of hard work and dedication. By putting the time
and effort into your programs, you’ll be well on
your way to making it in the very profitable and
exciting world of affiliate marketing.

Kamis, 18 April 2013

Professor Kingsfield

In the novel, The Paper Chase, by John Osborn, one of the most important figures was Professor Kingsfield. The setting was law school and Professor was instrumental in teaching young learners to become good lawyers. Student’s feelings were not obviously any worries of Kingsfield as its sole goal is to provide the highest possible value as a teacher to his students. His lectures were so well planned and States that were able to complete the last page of the reading material during the last minute of class time which meant I never fell behind or obtained prior to its planned schedule.

The author of Osborn, Jr. depicts the character of Professor Kingsfield as the quintessential successful and respected lawyer. He seemed to get every feature required to succeed in the field of law. Kingsfield’s intelligence, time management and work ethic are some examples of the qualities that made quite an impression on Hart and other law students.

One night when Hart was walking through the campus has bumped his friend Anderson and said, “Hey, you’re looking for in the Office of Kingsfield,” Hard said, rounding up mouth into a smile. “I really see here again, cannot.”

It did feel close to Anderson. “I’m not looking at him,” Anderson said stiffly. “I’m studying him.”

“He studies?” Hart said.

“I want to learn the best way to maximize my time, then I use it as a template. It is all tied up grade point. ”

For anyone to be peeking in a window in the middle of the night to study the actions of a person to help with their time management gives insight how brilliant Kingsfield is. This is because the essence of Anderson’s actions seem to be the epitome of usefully do not spend your time.

The teacher was clearly one of the most efficient people that Hart had never met. It is important to use these role models as mentors in the future. For these labour law students who have put in during the school will help them with their cases in the future.

GPS Tracking judgment brings Privacy discussions to the forefront

For months, proponents and opponents have argued the warrantless GPS tracking problem. With the Supreme Court unanimously agreed that placement of a warrantless GPS tracking device was unconstitutional, law enforcement will have to adapt while still benefiting from the GPS tracking technology. Although the Court was unanimous in its decision, there was a split on the reasoning thus opening the door for ongoing discussions pertaining to privacy. The Supreme Court was careful to limit the U.S. decision vs. Jones by law the use of GPS tracking application. Modern technology and abundant access to information online today only complicates the protection provided in the fourth and fourteenth amendments to the Constitution. We believe that the judges were well aware that many privacy challenges would come to Court based on alternative technologies.

Privacy in the digital age

Modern electronics provides not only access to a wealth of information, they offer unprecedented convenience. The phone offers the perfect example of this and would probably be a candidate for future cases. Twenty-five years ago, mobile phones were introduced in mass and mobility began to take shape. However, today brings the power of a personal computer and almost makes the phone have a rethink. Internet access, two-way communication including SMS and social media are just a few examples of how your privacy may be compromised. The Supreme Court ruling last week, Justice Sotomayor wrote: “in the course of performing mundane tasks, Americans disclose telephone numbers dialed, URLs visited,” the books, food and drugs that purchase. ” In addition, our mobile phones incorporate a GPS receiver that is used by many aftermarket applications. Consumers go about their day not knowing which can already be traced by GPS or cell tower triangulation, let alone historical record of communications and transactions. Mobile phones, as well as many other amenities are equipped with a level of responsibility and personal responsibility.

GPS Tracking offers many advantages

GPS tracking devices have not only benefited from law enforcement, but consumers and business owners alike for more than 20 years. Those who claim that GPS tracking devices are used by everyday citizens to illegally monitor others and employees lose a principle of responsibility. GPS tracking devices provide many individuals with valuable information that improves security and productivity. There will always be those who benefit from the technology beyond its intended purpose. We cannot stifle American ingenuity benefit most to appease a few. If we make our opinions based on these facts, the same might be said about video cameras and tape recorders. Stay tuned, as we will continue to monitor privacy issues in the future.

Selasa, 16 April 2013

Start your financial independence today-it's easy and fun and gives you peace of mind

Start earning big today. You need an extra income? Why not consider a passive income stream. And don’t have much time or money, but you can earn a lot of money in the long run, without spending much time. Passive income you need when you want to earn extra money, or don’t have the time to work on your extra income.

If you build a passive business, get some customers and 20 minutes a day for a year, you will have an income on auto-pilot without the input for the rest of your life.

You can consider having more than one of these companies of passive income. Is a little more time and effort at the beginning. After a year you get to reap the benefits and your bank account is refilled automatically every month. It is also a welcome income for you when you retire. Get money without working for it month after month means peace of mind.

Before you start, the more money you will earn and the more rapid will be financially independent.

It’s a good idea to get a business that is legal, fun and goes with your way of life. If you feel good about it, the job will be easy for you and not see it as work, but as a fun way to help yourself as well as many other people. Multi level marketing is a great and easy way to start a business of passive income.

Why Yahoo Finance is the best financial website

Yahoo Finance is the best without solution for analytical data of internet finance. When I was a young investment banker, I used to use Yahoo Finance all the time to control stock prices. It is absolutely fantastic for young professionals who don’t have poor college a lot of money and I would like to learn more about finance. If you can’t afford expensive data services such as Bloomberg and still want to conduct basic financial analysis, then Yahoo Finance is for you.

Yahoo Finance can help with many different activities. You can get all the latest news on companies you are interested in. Simply punch in the company’s ticker and get all the latest information on that company. It also works for mutual funds and index funds. If you’re looking to study macroeconomic data or specific country currency, Yahoo Finance can provide data transmission as well.

If you’re looking to do financial modeling, you can get good historical data on Yahoo Finance on any company or mutual fund you choose. So you can download data in csv format to be used with any spreadsheet program of your choice. This is a wonderful feature, because it gives you very raw data, that you need to make a graph of the price. Then, you can use the chart to understand forms, trends and future price movements. This is amazing for any up and coming technical analyst.

Because Yahoo is strong in a lot of different countries of the world, you can also access data concerning international many emerging economies. So, if you are studying Asian economies or South America, you can now get good reliable data on these countries. Also, get info about currency exchange rate that can be of great help when charts forex charts and price forecast.

The best feature of Yahoo Finance is the ability to create their own fake portfolios. Now you can select companies that you think will do well and create your own portfolio. Then, you can see if they made money with those decisions. You can buy and sell shares in as many as you want depending on the chosen price points.

Also get custom news alerts for companies in your portfolio. I recommend to create as many portfolios as possible to learn as much as possible about different types of investments. This is also an excellent learning tool for those who want to learn more about the stock market.

Yahoo Finance can be an absolute advantage for anyone wanting to get started in finance. If you’re looking to learn how to conduct yourself in the market, obtaining thereby learn the ropes is a cinch on Yahoo Finance. I would recommend your site to any beginner. It really is a great offer from Yahoo and arrive at a great price: free. So go ahead and sign up, get your username and password and can be turned off on your adventure.

What are in General CFD Trading strategies?

CFD stands for contract for difference. Is an agreement between two parties that wants to exchange the difference in opening and closing price of the contract. Trading CFDS are derivative products that allow you to trade on live market prices and moving it. In fact, it might do so without owning the thing the contract based. CFDs trading strategies in General mainly focuses on speculation and predict future movements in market prices. Despite the real markets are rising or falling, might be using trade use only a small part of the total value of the contract.

CFD trading strategies generally make use of graphical models to analyze price movement. Although there are many indicators and ways of being invented for analyzing graphs, parsing pattern is still the basic concept for an operator to use as a tool for forecasting future prices. Thanks to this, it’s not just the recognizable pattern that plays an important role. A trader needs to check other factors, indicators and trading volumes to get good results from the activity.

There are some strategies of what to do and not to do CFD trading. You should ask your broker about how your account will be classified. Most brokers will classify your account as an intermediate, marking with a high degree of knowledge and experience. You must also remember that move stocks significantly and there are times that it can also be suspended. Then, get all possible knowledge, but also sometimes losses. What you should do is be irrational and I think will be helpful. This will lead to further losses as when you go forward with trading expected to get in exchange for fast cash more than analyze the situation.

Senin, 15 April 2013

How to choose the best accounting service

Outsourcing your accounting shows that have grown to a new level because it is no longer possible to manage accounting on their own. Because accuracy is an important aspect of any business, it is essential to choose a reliable company to do the accounting. Accounting services are many and this places a maze when it comes to hiring the best supplier to meet your needs. However, the maze can be simplified by considering some points.

The first thing you need to do to get the best accounting service is to get referrals. This is an important factor to consider as gives first hand information concerning a certain accounting outsourcing provider. You should do an internet search of the potential provider of accounting services and make a list of those that are the best. Ask people who have had their accounts made by the providers in the list and restrict the list. Know what you think of outsourcing services and make a list of their recommended vendors. This will help you avoid frustration caused by taking blind.

The next step will be to narrow down the list by using the provider’s reputation further. Conduct research on the experience and the nature of the services of all remaining service providers on your list. It is important to note that service providers who have been in the business are good in what I do and will surely give you the best results. Also, learn whether you can trust with your confidential data.

Finally, with the remaining providers in your search list, filter it using your budget accounting service fees. There are many suppliers of Toronto records that can meet your needs at an affordable price. Choose the supplier that offers the best rates.

The accounting service in Toronto is a good place to start your search for the best accounting services Toronto. They are nice and definitely will offer the best service with their many years of experience.

Mortgage reduction program

Mortgage reduction program aims to assist the Government mortgage of stressed U.S. homeowners who want to keep their homes. Refinancing them potentially Government-backed mortgages with lower payments. It is hoped to improve the country’s economic system, solving the turbulence of foreclosure. The latest programs require the customer to make payments instead of the Villa.

Government mortgage programs are extensions and 2010 help improvised versions of the existing mortgage. These help home owners to pay their monthly loans on time. The Government intends to draw cash the $ 50 billion designated buildings in Troubled Asset Relief Program and not the new taxpayers ‘ money to fund these programs.


Borrowers who are unemployed are at the heart of Government reduction program mortgage along with home owners that need more banks as loans against the value of their house property. The program envisages giving incentives to lenders to find lower monthly mortgage payment options for borrowers.

Home Affordable Refinance

The mortgage reduction program of Government requires mortgage providers to reduce the amount of the mortgage to receive financial aid from the Government. The new fees should reflect the current value of the home. If home owners need to lender even after this reduction, they can refinance their loan with help from the Federal Housing Administration. The new lending rates reflect the history of mortgage and the borrower’s repayment.

Home affordable modification

The goal of this program is to assist the unemployed and low income to pay their instalments. Dramatically reduces monthly repayment home owner. The mortgage reduction program of governance involves voluntary participation of the creditor that becomes mandatory once the Government pays the lender. The new program also motivates the loan companies write down the value of loans for borrowers in modification programs.

The States faced more foreclosures and unemployment are eligible to receive help to provide temporary assistance to qualified homeowners. In an effort to combat the number of foreclosures, the State of Florida has developed with Florida mortgage reduction program 2010 in collaboration with federal programs for mortgage assistance. The loan program to assist Florida actually provide potential buyers with up to $ 10,000 in tax. Is the interest-free loan and set as a second mortgage on the House with no monthly payment. Loan repayment is only when the House is sold. The homeowner’s assistance for moderate income Loan Program offers up to $ 5000 toward their down payment or closing costs, at a 5% interest rate. However, borrowers must meet certain requirements in order to qualify for these programs.

Taxes are not applicable to the mortgage reduction program. The goal is to keep the borrower’s payment flows that have encountered financial difficulties and long-term that are exploring permanent foreclosure alternatives.

People should be aware of the various mortgage reduction programs 2010 that facilitate their purchasing or maintaining a House. Obama administration is taking a number of measures to assist people in America to stay out of refinance foreclosures and mortgage modification.

Advantages of options Trading

There are different types of investments that an investor can participate in making money. Some of the most common investments include stocks and bonds. However, you can engage in options trading that is an investment platform that are misunderstood. Once the rules and the basics you may be able to make a lot of money.

This type of trading allows a buyer to make a buy or sell an asset at an agreed price by a certain date. In this process, the buyer is not obligated to trade but has the right to take part in the process. This makes it possible to study the market and make the right move depending on the situation they are. There are many benefits that can be obtained by trading options like:

Does not involve the risk of other forms of investment. Once the rules and regulations of the negotiation process the chances of losing money are minimal. You can use them as a hedge that is one of the most reliable options. This is because you are assured of securing all day until the market closes.

Options Trading are very convenient. For starters, one does not need a huge capital base to start with. This is not the case with stocks as you will get a better investment for a good start. However it should be very carefully to make the right call so that you can be in the same position with someone who is trading with stocks. The negotiation process is a good investment, as traders have a chance to do a tremendous amount of money. The options can give up to 60-70% of the initial investment, or even more. However, you must make the right decisions in order to reap the benefits. Get all the information you need on trade process to be a successful trader.

Selasa, 09 April 2013

Five facts you never knew about gold

So you’ve decided to sell your old gold? That’s great! Did you know that selling your old and unwanted gold of a cash for gold service is one of the best ways and faster to get money quick? Not only do you avoid having to make a refund to a lender, but you will also receive your money within days! But before I go ahead and send your gold, here are five things you probably didn’t know about gold.

First of all, the price of gold has been rising over the past decade and is now at the highest. It’s incredibly unlikely that you will have to deal with this level of value for gold, then now is the perfect time to use cash for gold and sell your unwanted precious metals. Refiners cash for gold service never again be that this affects your small amounts of unwanted gold at home, so take advantage of it and make sure you send out your gold!

Secondly, what do you think is gold might not be that great. A lot of time that you may not realize that the ‘ gold ‘ jewelry and jewelry at home keep is actually gold plated and gold plated objects — generally not be favoured, or accepted, when it comes to selling your gold to be refined. To speed up the process, you might want to take the jewelry to a jeweler before sending it to a cash for gold company ensure that you won’t be disappointed.

Another thing to remember about gold is that it’s value fluctuates on a daily basis. If you plan to sell your gold, might be worth studying the market for a couple of days before you decide when the best time is to sell your gold. In this case, you might be able to land a few extra pounds when you receive payment for your gold!

Also remember that not every refiner out there will offer you the same price. Using comparison sites, you can be sure to choose the company that is going to offer you the best price for your gold.

Finally, cash for gold companies sometimes refuse gold, if their gemstones in them, due to complications in their removal. In this case, it is worth to get stones removed before sending out the gold. Probably even be able to sell the precious stone for a good price, anyway!

Control Software for the perfect internal Audit

Internal Audit is usually required by company management to ensure the quality and quantity of software and technical resources used.

The IT Department is responsible for audits of internal network. In addition, IT departments frequently need to reconcile their physical inventory with an electronic inventory to meet various regulatory and financial requirements. This can be really long if you are not using a professional asset management tool that lets you manage and control your entire computer and network inventory efficiently.

Beyond the hardware revision strategies, software asset management tools provide much better results such definition software products used on remote computers, a mapping file licensing products and the full functionality of system resources.

There are control software products on the market that make it much easier to perform quality audits the internal network.

-Management of all product keys in one place can become a real challenge. As a company grows more U.S. products. Allow network management tool implemented to store all data of the software in a safe place. Software automate the work and you can devote your time to more important tasks.
-Create reports and track changes purchased hardware and software in order to avoid problems during the audit on the internal network.
-You don’t have to worry about missing out on any inventory management software, because your tool is going to carry out this task for you.
-Don’t bother with manual control of your system, use the tool to version control, services and software patches.

Money is the root of this evil

A well-known economist said that currency debauching unleash the forces of destruction only a very few can see. I find what you said applies as time showed the economies of many developed countries increasingly weak today after currency games. Despite this, many people still chose to ignore the advice because currency debauching made people feel rich as you could buy more things and this was compounded by the creation of credit card in 1951 where people now could use the debit card to purchase goods. All these can be attributed to 1 the root and that is money.

Today, money is the cause of the weakening of economies because they want to control supplies of money people use to need more of their money. We need more money, more, the weaker we become, the more we are dependent on the Government. All these make the rich richer as more passive income received from interest payments by printing more money. Now let’s look at how much money has weakened the u.s. economy.

From 2000 to 2007, the largest export was America’s debt. Today, the Government of the United States issued a record number of bonds, incurring massive amounts of debt to devalue the US dollar to stimulate the economy. This caused many currency wars with countries such as Japan and also trying to devalue their currencies to maintain export competitiveness.

With such currency Wars going on, the United States will have the rack up more debt to increase the money supply and this will be an infinite loop because other Nations there will allow Exports to be less of them.

However, the United States has to do so because the economy can grow only now to get into debt. This was the reason for its growth to date. To quote, household debt to disposable income rose less than 40% in 1952 to 133% in 2007, amounting to US $ 2.56 trillion in consumer debt.

To add on, bank debt increased by 21% rose in 1980 to 116% of GDP in 2007. All these show that the United States can only grow with the debt which pose a threat to the economy. So, when the world will talk of a bubble, the bigger is in fact the American debt bubble and as a word of caution, economies around the world are following in the footsteps of the United States today.

With the debt being run today, the world economies will usher in an inflationary era where savers are losers. This is because inflation silently eating away the purchasing power of savings. Given the growing trend today for debt, inflation will rise and accelerates the rate of money eroded. So, contrary to what experts say, I don’t think that saving is good for the day.

However, while money can be the root of an evil, can also be the source of good and an example will be wealth. Sun Tsu said, know your enemy and yourself to win a hundred battles. So, a good way to be rich is to know yourself and your money. In other words, unlike economies around the world is trapped in a chasm of debt, you should check the personal cash flow and monitor the cash flow of the world for which money flows to you where to find opportunities to become richer.

So to conclude, given today’s economic situation, it is reasonable to say that money has brought us so far. Brought us growth but also dangers with it. However, to say that it’s the root of all evil is unfair and why it would be too much of a sweeping statement. However, it would be apt to make it responsible for economic weakness, because many of today’s crises are the fruits of debt.

Minggu, 07 April 2013

Credit Cards and the Common Issues Associated With Them

Credit cards are among the leading causes of debt in American households. The unfortunate truth is that most of the families in the United States have debt that is so much greater than their revenues. Although most people’s debts are due to home equity lines and mortgages, card debt obtains specific attention. Perhaps this is because of the card costs and not the total amount people owe.

Your credit card can become a liability if you do not know how to use it responsibly. You will soon be facing huge interest fees and other rates, along with several other hidden costs if you fail to pay your credit card dues on time. Failure to pay on time is one of the main reasons why many people are now struggling with their financial situations. If you are one of these people, it is best to immediately address the issue and to start using your card the proper way.

Dealing with credit card problems may not be easy, but it is achievable. Here are the common issues associated with credit cards and how you can fix the imminent problems:

Cards Can Encourage Bad Spending Habits

The use of these plastics is truly convenient, which is why many people tend to rely on them on a daily basis. The convenience it provides, however, is as much a course as it is a blessing. The use of these plastics can encourage bad spending habits. Most people often don’t realize that their spending habits have spiraled out of control until it is too late. You can avoid such problem, though. Like all things in life, you can simplify the problem-solving process by spotting and preventing the occurrence of the problem before it even occurs. This is far better than trying to remedy the difficulty after the situation has occurred.

Cards Can Lead to Debt

Many have fallen into the debt trap. The use of credit cards is among the leading causes. The following may be signs that you are on your way to credit card debt:

You can’t pay your bills on time.
Collectors are calling your home and office phone.
You live in your credit line or overdraft.
You lose sleep because you are worried about your cards.
You are spending more than you can afford.
You spend impulsively because of stress.
You hide your debts and expenses from your partner.
You ignore your bills because you can’t pay them.
Fortunately, avoiding this sort of problem can be avoided as well. The best way to avoid this is to never spend more than you can afford and to always pay your dues on time and in full. If you cannot and it seems that you could no longer help but succumb to debt, find ways to immediately solve your problem.

Huge Interest Rates

Many are struggling with huge interest rates, which often add up and contribute to their troublesome financial situation. This problem, however can be avoided if dues are paid in full on time. Interest fees are only incurred when you miss a payment or when you default on your card. If you ever realize that you have missed a payment, it is imperative that you contact your issuer immediately. You can ask to have the late fees and interest charges removed. Before you call, though, determine how much you can pay and the exact period that you will be paying for your debt.

Nightmarish Debt Collectors

If you have missed several repayments, collectors will soon bombard you with calls no matter what time of the day or night it is. Collectors can be annoying. To avoid this nightmare, communicate with your lender. You can ask for a payment scheme that will help reduce your debt. You can also ask if they could allow you to pay in small amounts until you have fully recovered and have paid your dues in full. Making small payments is so much better than not making any payment at all.

There are still many other issues associated with the use of credit cards. These issues, though, can be curbed or solved with a little effort from you. To avoid these issues, simply be a responsible credit card holder.

Why Direct Debit? What are the benefits?

It is necessary to improve the customer sign up or increase retention rates? Are you looking to improve the way we make financial transactions? Maybe you want to simplify the administrative tasks of fundraising. An efficient direct debit can help you get all that and more. Here are some things to consider:

1. payment method is ascending.

Debit Direct (DD) is the preferred method to pay regular bills between taxpayers bill UK:

75% of UK adults now have at least a day and more, on average, 5 are in place
81% of users agree that DD is convenient
73% agree that DD is a securely and reliably to paying bills
7 to 10 days you agree that save time.
The direct debit has been going for over 40 years, and the volume continues to increase. In 2011, more than 5.7 billion UK payments were made this way.

2. It offers advantages for customers:

The following are some of the advantages for customers of direct debits:

flexible, which is better for your budget
peace of mind-you will not forget to make a payment or fail to get to the Bank on time
convenient and save time
often there are incentives to pay by direct debit, cashback, vouchers etc.
are portable and can be moved to the side of a bank account
all payments are protected by the guarantee (which protects the customer from any errors in payment processing)
perceived as safe. Direct debit fraud is rare and less common instances of credit/debit card fraud.
3. It provides benefits for your organization (Service User):

The following are some of the advantages for your organization:

cheaper than cheques, safer than cash
the organization controls the funds received to your account
funds are cleared on a given note-best financial planning
flexible-can be variable amounts, variable Dates
can eliminate reconciliation takes time and requires few administrative hours to process collections
can improve your conversion sales requests.
4. it should not be complicated to set up a new system.

Typically it will take a minimum of 6 weeks to set up a new direct debit system. The Bank shall approve the scheme; approve all documentation (against the provided templates) and will release a number of unique service user. Once you have had training and have decided on a method of gathering in-house or outsource, you’ll be ready to start. Remember, Clear Academy can guide you through all these steps.

Sabtu, 06 April 2013

How to Kiss And Make Up with your money

You cannot escape the need to deal with the money in your life. For this reason, you should be cautious when it comes to your financial responsibility. The following article offers some tips on getting the most out of your financial situation.

Get a good understanding of what to spend money on before making your budget. The key to building an actual budget is knowing exactly how much money the family earns each month. Everything that you spend money should be accounted for. Spend more money than you earn, it’s not a way to live.

Start by compiling a complete list of all expenses. You must also include quarterly and annual payments. This includes things like car insurance, home, maintenance and annual fees. Don’t forget to include extras such as the cost of going out, food, entertainment and children’s Centre. You want this list to be as comprehensive as possible so that you can determine what you spend.

With an idea of how your family spends each month and port, you need to take stock of the work. Remove all unnecessary expenses from your budget. If you get rid of that Starbucks coffee or the McDouble, you could save a lot of money.

Home improvement projects can be a great way to save on bills. Changes how windows waterproofed and efficient water heaters can significantly reduce the electric bill. Repair minor leaks will reduce your water usage as well. Another simple idea is to make the most of your appliances, such as dishwashers and washing machines, running them only when you have a full load.

A great way to lower your utility bill is to reduce the energy consumption of your appliances. You need to replace your old appliances with more energy efficient appliances. Many appliances and devices can be disconnected when not in use to avoid the use of energy.

If you are upgrading the insulation in your roof, don’t be wasting heat because it does not escape through the walls and ceiling. Updates to your home as they are paying money back with lower bills.

You can keep costs under control and reduce overall spending by doing some work on your home and its equipment. Initially you’ll be out of money when Fix or replace an item, but make up for it later by not having to face expensive bills.

Do you know the steps to form an LLC?

Decide to form a limited liability company (LLC) has many benefits. Safeguard your business from unexpected as causes. Also prevents double taxation problems that society. More information on this corporate structure and determine whether or not forming an LLC is right for you.

What is a limited liability company?

Limited liability company is a structure that combines the features of a sole proprietorship, a partnership and a corporation. Members of this family go by the name of members and non-members or partners. This arrangement is suitable for small and medium-sized enterprises. I’m going to get the benefits of society without sacrificing their small business structure.

LLCs are different from society, since there are no shareholders; as a result, this organization does not need regular shareholder meetings for the most important business decisions. LLC does not also require their own set of laws. There were many who need operating agreements, but most do not.

What are the benefits of being an LLC?

The owners of an LLC can decide whether or not they want to be taxed as a sole proprietorship or a company. Company lower taxes, but that’s because the IRS taxes them both on the corporate and personal level. A sole proprietorship has higher taxes, but you can choose whether the IRS treats as an individual or a corporate entity. The IRS considers LLCs more like a sole proprietorship, taxing and members who need only return information from the company.

Decide to form a limited liability company also allows you to avoid personal responsibility as a company makes. Personal responsibility easily can lead to failure, especially when you have a lawsuit pending. In a limited liability company, the company’s assets are separate from your personal assets. The Government only holds the company liable for accidents or deficiencies.

This organization provides even more control over your business. The shareholders must agree on a ruling before applying any change in a society. LLCs, on the other hand, simply need to member management control and corporate management.

How do you form an LLC?

The first step to forming an LLC is to choose where you want to register your company. Each State has its own regulations regarding the formation of LLC and registration. Next, you must select a unique name that conforms to the rules in your state. Your name should not violate trademark another industry. Should end up with three nominators-LLC, l.l.c and Ltd. liability co. Some States do not allow specific words, such as Bank, insurance or the city. Check your state law before taking a name.

The next step is to find a registered agent LLC. This agent is going to be representative of your company in the State. Your agent would be the contact person of the Government if they need something from your company. Together with your agent you file articles of organization and other disclosure requirements. Some States tend to be strict with the information they need. Texas needs a list of members of LLC along with regular disclosure documents. Delaware, on the other hand, is known to ask at least information. After you complete the requirements, you need only pay the necessary expenses and you’re all set.

Should still invest in gold?

Investing in gold. Still a smart move for your portfolio

Wow, another reminder for investing in gold! Debka reports that India will use the gold to buy oil from Iran. India spends about $ 12 billion dollars a year to buy oil from Iran. China is expected to use gold as a currency to buy oil from Iran as well.

So what does this mean? India and China have completely lost faith in the dollar and the euro. India and China are growing faster than the United States and are the engines of this new global economy. Have more influence in the global economy, than they did just a few years ago.

As Bob Dylan would say, “times are a changing”. You should invest in gold to your investment portfolio, and if you already own gold, you can discuss this with your financial advisor. Most financial advisers recommend an allocation between 5-15% of gold. An easy way to invest in gold is to purchase it through a fund traded mistaken. Go here for more details. http://www.spdrgoldshares.com/

What are the reasons to invest in gold? (or buy more)

Is that the dollar will continue to devalue.
You are concerned about the United States printing money to exit the recession/slow growth.
You are worried that inflation is going to go back to the big time.
You are worried that Greece will default and that things will get worse in Europe.
Is that there is a possibility that the euro will no longer devalue or just go away. I am also worried that Europeans will print money to get out of its recession.

As I write this, gold is at $ 1,665 per ounce. It has been 10 years in a row. Then, you need to ask yourself how this negative news around the world is already factored in gold stocks? This means that you can buy gold to a high. If you think there are more negative news to follow, you should invest in gold.

Oh and one more thing on the advisability of investing in gold. Historically, gold has not been correlated to stocks. In other words, what happened to stocks had little impact on the price of gold.

Keep in mind that this is the General Council. You need to understand your risk tolerance. Gold should not be the only investment in your portfolio. Gold can go down and you can lose money. I use it as a hedge against other investments.

Jumat, 05 April 2013

Challenges for Islamic banking

Islamic banking has been thriving in recent years. The primary target market for these banks is basically the Muslims in Islamic countries, as well as Muslims in Non-Muslim countries. Many banks in Muslim countries and non-Muslims follow Islamic banking system, this banking sector has experienced a boom in the last years of the 20th century and also many Non-Muslims have benefited from the services of Islamic banks.

Although there are some differences in the practices of these banks, in General, most of these banks following Islamic principles are fully Shariah compliant. Since this area is still new and growing and therefore must have some kind of relationship with other banks that operate as conventional banks.

Here are the challenges for the Islamic banking sector:

1. A lot of legislation is needed for Islamic banking throughout the world and especially in non-Muslim countries; even in Muslim countries, some legal loopholes are present in its proper implementation.
2. complete economic models and Islamic banking have still to develop or are not in their stage of ripeness to provide a model of economic development and prosperity.
3. and developments and research in the most recent banking sector are in non-Muslim countries where their interest based banking past conventional instruments, will enjoy a very strong position so Islamic banking but less than conventional banks.
4. environment of these banks in the West have been rejected after 9/11 attacks on the WORLD TRADE CENTER, New York and later Prophet Mohammad (P.B.U.H.) protests in the Muslim world, widening the gap between Western investors and Islamic banking markets.
5. the market is good, but much less than conventional interest based on banks around the world, that is more than some countries.

The article is written by Ahsan Ayub and Maria Iqbal. Joseph and Mary worked for Marish hotels solutions and have written articles on various topics, including business, marketing, finance, entrepreneurship, technology etc. In addition to this, the company Marish hotels Solutions offers a wide range of services in the category of Business and IT solutions. The company also provides consultancy services for many small and medium-sized enterprises.

A Primer of Corporate Finance

Corporate finance can be complicated. They are financial instruments to increase the company’s business value and reduce possible risks associated with the company, such as credit, liquidity and operational risks. Credit risk refers to the risk of a borrower not paying back debt. Liquidity is the ability to modify an asset into cash. The faster the well can be converted to cash, more liquid. Liquidity risk is the risk that a particular asset cannot be converted into cash fast enough to bring a profit or avoid a loss. Operational risk addresses the risk inherent in the operations of a company. This is a bit wider than other types of risks. Operational risk includes fraud and other illegal practices.

When a company makes a profit, distribute dividends to their shareholders. Shareholders are investors in the company. Dividends are simply part of the company’s profit that is paid to the shareholders of that company’s shares. Dividends can take a variety of forms, including cash payments, stock dividends (further action) or property dividends. Property dividends can be activities such as titles, as well as products and services. In the past, they have also involved the Earth’s surface. Sometimes a company to reinvest dividends. This is what is part of net profit of the company.

Occasionally, an individual or a company wants to buy another company. There are several ways to accomplish this. One way is an acquisition. The acquisition, also known as acquisition or buyout, involves the buyer of the company buying the target company. MBO (Management buy-out) and MBI (Management Buy-In) are two types of this. MBOs occur when existing management company acquires a large part, or all, of the company. Contrast with this MBI, which happens when no individual or group of people from outside the company took over the company and gives themselves as the new management of the company.

Another form of acquisition is known as the consolidation or merger. The merger occurs when two similar sized companies join together to form a completely new company. A friendly merger is one in which both companies are negotiating the terms of the merger. On the contrary, a hostile merger is one in which a company does not want to join another, or the Council of the society does not know before the merger bid.

Debt consolidation loans are easier than you think

If you’re reading this, you probably have awakened to the fact that you are fighting in a battle to win. You are buried in debt. This debt accruing for some time and your idea it would all go away magically-or “out-of-site”, “out-of-mind” thought process would simply eliminate your debt. Not usually will never erase your debt and repair your credit or relieve you of any obligation to repay the debt.

Maybe you consider bankruptcy or running on your loans, but there is a better solution. A debt consolidation loan will be free from decades of interest payments of 20% on credit cards and allow you to put away some money in savings at the end of each month if you go about it the right way.

First of all, be honest about your financial situation. Do some research into different types of debt consolidation that exist. There are many different companies and plans to choose from. You might think that you don’t qualify for a debt consolidation loan because of poor credit, but really, get a consolidation loan can improve your credit. Reasonable financial decisions can improve your entire financial future.

A few things to keep in mind as you search for a debt consolidation loan is to make sure that you practice due diligence with the lending companies that you consider. Be sure to understand the financial language and ask questions to make certain points and considerations are clear. Work with a reputable company will ensure that you will be given the respect and the terms they deserve. Be aware that there are a growing number of vultures who prey on those with dire financial positions.

Another important thing to consider is that most of the loan officers you talk to will be working on flat Commission or a Commission against a draw, so make sure you do its duty. While it’s good for them to get your loan, very often they will not give you all the information you need or maybe will tack on the highest interest rate allowed by law, if possible. Before you go talk to the loan officer, know what are the common interest rates before talking to them. Make sure you know in advance what closing costs will be and let them know you are shopping around for the debt consolidation loan.

Kamis, 04 April 2013

3 tips to achieve financial freedom

Let me start by saying that we live in a world very distracted these days, where consumerism is King. What is consumerism? Is the thought or idea passed on my marketing and society that we need every new gadget, gizmo or even more recent suit design that comes out. Now, let me ask you this. Just how much is enough. There are many out there with brand new clothes with the tags on them after one year’s time! This should tell you something, we are living in a time when ‘ shop-aholic-ness ‘ is the new addiction of illness-if there is one word.

Is the notion that we have to buy absolutely everything that we see on tv, hear on the radio etc just because it’s fashionable, we need it. Well, I heard to snap out of this dream is unrealistic and financially devastating that perhaps living in. Much better to fight to one day become financially free and live the kind of lifestyle that conforms to your status as a newfound financial freedom. Is a goal that should be looking for every aspiring dreamer of lifestyle. I will show you 3 tips to achieve financial freedom in this article.

Here are three simple tips to get financial freedom that you can start applying almost immediately.

Start a journal and keep track of what you spend. One of the biggest problems you maybe right now is that in fact are not checking what you spend. We maybe floating on a ship that has financial losses, where losses are in your financial life by detecting keep you financially afloat and help you towards your goal of achieving financial freedom.
Get rid of all bad loans. What I mean by ‘ bad ‘? I’m talking about the debt that is not part of an investment strategy but instead you have to pay down you every month or so. For EXAMPLE a new car is an example of bad debts while a rental house income that a tenant pays your loan is debt well.
Paying more than your minimum. If you want to finally get out of debt and achieve financial freedom, you should pay more than the minimum each month. Start with the lowest debt and wipe off, then start the next and vice versa.
Only by implementing these three steps in your life will be perhaps more than the 90% of people are not doing. These people are not usually financially free and trapped by our example of consumerism. If you want to achieve that goal of finally becoming debt free, come with a measurable plan and stick to it. Imagine what your life would look like without having to worry about the burden of debt on the shoulders.

For a more detailed look at last achieve financial freedom, please visit this site which is dedicated to helping others with their quest for financial freedom.

Dwight Anthony is a Blogger of financial freedom that helps others in their journey towards true financial freedom personal development. To learn more with financial freedom in your life, please visit this impressive resource on Personal Finance Help.

Bank and Credit Union automated planning

Years ago, someone in the fast food industry has thought it would be a good idea to introduce two drive through Windows, so that restaurants could better serve their customers. They believed they could make more if the functionality to accept payment and delivery food orders were separated. Unfortunately, this idea was good only during the peak hours operating one of two Windows left vacant for most of the day. This also left many fast food restaurants more staff to non-peak hours. After all, someone had to man the second window! Today it is not uncommon to see only one of these Windows in use even during the busiest of times. The good news is that these fast food restaurants that have bought into the idea have added space to store fresh bread racks to traverse all clients to see!

Banks and credit unions can staff their branches for hours, therefore, avoiding unnecessary costs with automated scheduling solutions. Are the days of more staff. Unlike dual drive through the idea that fell short of actually help a restaurant operate more efficiently, such as automated scheduling solutions allow financial institutions to take quick decisions, smart based on actionable business intelligence.

Automated planning manager gives you the ability to match the preferences of employees provided to the needs and objectives of productivity. Banks and credit unions that use planning based on historical transaction volumes cashier have an advantage over their competition by knowing when to schedule employees and those employees to schedule. And why automated scheduling solutions that manage the individual employee work preferences (availability of work, hours of work, minimum and maximum, etc.), specific employees can be scheduled in order to take account of these critical moments of the day. These efficiencies result in more satisfied customers and a better work environment for your employees.

Understand peak moments and adequately staff programming is vital to ensure that the Bank or Credit Union provides the best service for your clients.

Robby Monk is an Internet Marketer who works closely with Chad j. Davis. Mr. Davis is the Marketing Manager of Financial Management Solutions, Inc. (FMSI). FMSI helps banks and credit unions to maximise their productivity when measuring valuable data by providing a suite of automated planning tools, Lobby Tracking System and management system of teller to name a few. If you would like to request a demo, sign up for our newsletter or find out more about our solutions, please contact us today.