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5 Essential Marketing Financial Tips

As a financial advisor, your ability to market yourself is vital to the success of your practice, even if you are a fantastic salesperson. The growing competition from virtually all other sectors of the financial industry, including banks, CPAs, robo-advisors and online services requires that you find a compelling method of separating yourself from your competition. This article provides a few helpful tips to assist you in accomplishing this formidable task.

1. Be Succinct

Some of the basic concepts of marketing apply to financial advisors in the same way they do to any other business or profession. A good technique to use in a corporate interview is to give the journalist or interviewer a solid lead concept in perhaps two sentences that concisely summarizes your firm’s key philosophy or benefit. This will entice them to learn more about what you have to offer, especially if you can incorporate a common phrase such as “strike while the iron is hot” or some similar saying that evokes a tangible picture of action.

If they are looking for a quote, then you will probably get the greatest amount of exposure with a strong statement of some sort. For example, if you believe that most experts are wrong about what the markets will do this year, then a bold statement to that effect will grab the most attention. Other techniques include making your words rhyme or comparing your idea or business to another common concept or scenario in order to make a readily understandable analogy or metaphor.

If your interview will be televised in any way, then be sure to focus on your voice inflection and other intangible elements of your speech and image as much as the content of your speech. The effectiveness of this form of advertising will depend heavily upon your ability to exude confidence and competence to your viewers.

2. Sell a Story

Many successful advisors have learned that spinning a compelling yarn to their clients can help them to teach important concepts to their clients and close sales. This strategy allows clients to envision a common everyday process or scenario that corresponds to a financial concept. One of the most common stories used in this manner is the stewpot story that mutual fund salespersons use to sell their products. The story basically outlines the similarities between making a stew and creating a mutual fund, where the ingredients that go into making a stew represent the securities that are picked by the fund managers, and each spoonful of the stew then contains a tiny portion of each ingredient in the stew just like each share of the fund offers a fractional interest in each security held in the fund’s portfolio.

You can also use stories from your own personal experience to show clients why you care about them and your business. For example, if you sell long-term care insurance because you had a friend or relative who was financially wiped out when they went into a nursing home, then relating this story can help clients to see that your motivation for selling this product is not primarily for your own financial gain.

3. Specialize

Advisors who zero in on a specific niche can often provide a much higher and more focused level of service than those who try to be all things to all people. Small business owners, government employees, military service people and medical professionals are all popular segments of clientele that many firms have chosen for their exclusive market.

This can be especially effective for those who market to those in an area in which they themselves have previously worked. Earning professional credentials in the area of your specialty, such as becoming a Certified Divorce Planner can also build credibility and enhance your image to your clientele.

4. Networking

The digital revolution has made creating an effective internet presence every bit as critical to the growth of your business as the traditional methods of networking such as attending chamber of commerce meetings and obtaining client referrals. A top-notch website that provides the latest online services to your clients coupled with an effective social media campaign can stretch your marketing dollars and increase your appeal to tech-savvy clients. Joining professional societies such as the Financial Planning Association, The National Association of Fee-Based Advisors and other similar groups can also provide you with additional marketing resources and tools as well as a platform for exchanging ideas and finding employees and new job opportunities.

5. The Bottom Line

Growing your practice in today’s world requires both old and new forms of marketing that will appeal to an increasingly sophisticated market that demands expertise, technology and individualized service. Those who are able to meet these challenges will likely see their firms continue to grow and reap commensurate rewards now and in the future.

Money Management Fact in Personal Finance Every New Grad SHould Know

One of the first steps towards a bright financial future is establishing good money management skills. Whether that means setting up a budget or just spending smarter, check out these facts for help guiding your financial journey.

  1. Living at home can be a smart financial choice. As much as it might pain you to move back home, it could help you pay off college debts more quickly and start saving. You won’t be alone, either. Twenty-five percent of young adults ages 18 to 24 lived with their parents in 1990. By 2000, this figure increased to 52%.
  2. It is essential to create a financial plan. You need to lay out specific goals and how you want to reach them. Plan your Colorado skiing trip, car repair fund, and even grocery budget in advance. This way, you’ll have a plan when you save money every month.
  3. Small indulgences add up quickly. Spending $5 on lunch every day or $3 for a coffee doesn’t seem like a ton of money at first, but think about it in the big picture. That’s $25 on lunch each week and $12 on coffee. Each year, that adds up to $1,300 on lunch and $624 on coffee, give or take a few dollars.
  4. Tracking your income and expenses will help you understand where you can improve. Maybe you’re spending too much on going out to eat or could be saving just a little bit more each month. Finding tools to help you track spending can be a great help in planning for a strong financial future.
  5. You will not be able to go out every time you want to. Being an adult means having to be a little more responsible than you might have been in college. You won’t be able to go out every single night if you’re trying to save money, so choose your fun activities wisely.
  6. Peer pressure won’t get any less intense after college. You might have thought your days of peer pressure were over, but it doesn’t let up after school is done. Your friends and family will still urge you to spend money on everything from going out to dinner to the hiking trip to the Grand Canyon.
  7. Setting up automatic payments can help you pay bills on time. Thirty-two percent of college students have either missed or been late on a credit-card payment. It goes without saying that this isn’t a good thing, so always make sure your bills are pay in full and on time.
  8. You must monitor your bank account. In the age of debit cards, it’s easy to go weeks without checking up on your bank account. Yet twenty-four percent of college students have bounced a personal check. Don’t let it happen to you, check your bank account levels regularly.
  9. Living within your means isn’t a punishment. Approximately 40% of families live off 110% of their incomes. Don’t become part of this stat. Learn to start living within your means from the get-go and you won’t be as tempted to overspend later.

Benefits of Finance Subsidiaries

A finance subsidiary is a separate legal entity created for the sole purpose of carrying out certain financial activities on behalf of its parent company. While a financial institution may use a finance subsidiary to issue stock, a consumer company can set up a finance subsidiary in the form of a captive finance company to provide financing. To treat another company as its subsidiary, the parent company must own more than 50 percent of that company’s interests. Wholly-owned subsidiaries are not uncommon, especially in the case of finance subsidiaries. A parent company can also benefit from a finance subsidiary’s separate-corporate-identity status because it can limit liability and achieve optimal returns.

Fundraising

While a company could hire outside financial underwriters to handle its fundraising by selling financial securities, it is often beneficial to keep such financial activities internal if the company has the capacity to do so. Companies pay underwriting fees to financial underwriters for their efforts to pitch and sell securities to investors. Using a financial subsidiary of its own affiliation, a company avoids paying costly underwriting fees. It also benefits from its subsidiary’s intimate knowledge of the parent company’s business, which can more effectively attract interested investors.

Credit Financing

Financial activities are critical in supporting a company’s primary business operations. For example, to increase product sales, a company may consider offering consumer financing with funds designated for purchasing specific products. A company could team up with an outside financial institution to handle consumer credit applications, arrange loans and manage ongoing loan payments. But given the potential benefits, including additional interest revenue, a company would likely want to partner with its own finance subsidiary, often in the form of a captive finance company, for closer cooperation. This is quite common, for example, in the area of car sales. Major car manufacturers like Ford Motor often control their own finance arms; in the case of Ford, Ford Credit is a captive finance company. Keeping such functions within the company can help generate tailored credit terms better suited to customer needs.

Limited Liability

Using a finance subsidiary helps shield a parent company from certain liabilities. From a legal standpoint, a finance subsidiary is different from a finance division within a company. A subsidiary is a separate legal entity and can bear full corporate liability on its own. Therefore, a parent company is liable for its subsidiary’s financial liability only to the extent of its investment holdings in the subsidiary, and creditors cannot request that any unmet liability be covered by the parent company’s assets. While a company may use an inside finance division to handle certain financial matters, for its own protection it can choose to rely on a separate finance subsidiary to undertake riskier financial activities.

Optimal Returns

A successful finance subsidiary also plays to a parent company’s advantage by contributing goodwill and easing the transfer of liquidation returns. When its finance subsidiary performs well, the parent company benefits from increased investment goodwill (or positive associations) attached to the subsidiary. Moreover, investments in a subsidiary are held as assets on a parent company’s books and can be used as collateral when needed for additional debt financing, which the use of an internal finance division cannot provide. If it becomes necessary to sell off unwanted finance operations, it is usually easier to find buyers for an independent subsidiary than it is to divest a division of a consolidated business.

5 Facts you may not know about car finance quotes

Many customers come to us looking to refinance their car loans due to unaffordable repayments arranged by others. Many also have family or friends which have been caught out by quotes and want to avoid making the same mistake. Although 360 Finance can assist with refinancing your loan, it is always best to avoid this by not falling victim in the first place. In order to prevent this, read on to find out five important facts about car finance quotes.

1. Quotes are subject to change….and more often do!

Customers seeking to refinance often report that they were unaware that the final figures in their loan contract were significantly different to what was originally quoted. How this happens so often is due to the way a sale is managed. Once a customer has settled on a car and a price, the business manager is introduced and finance packages are offered. In order to commit the customer to the car, the business manager will quote a low interest rate without seeking preapproval from their lender. The customer is sold on the deal and has mentally driven that car out of the showroom. It is only when the customer provides their financial information and the deal is submitted to the lenders that a final, accurate figure can be presented. This is often higher than originally quoted as certain aspects of the lending criteria have not been met for low interest loans. Although the dealer is obligated by law to disclose all the information on the contract, often the customer is easily distracted from the final figures as they are eager to get into their new vehicle. It is not until the monthly repayments are due that it becomes obvious that the numbers have changed from the original quote.

Quote Bubble with dollar sign inside

Don’t get caught out by a false quote

2. Quotes are a sales tactic

Vehicle sales through a dealership are usually a carefully balanced transaction between four factors: trade in price, sale price, finance and extras. The dealer will manipulate one or all of these factors to suit their needs. For example, if the customer negotiates well on the sale price of the new vehicle, they will reduce the price of the trade or increase the finance or extras charges. A low interest finance quote in this case would be made up by inflated sales price, reduced trade price or upsold extras. Or as in the circumstance above, the quote simply changes once the final deal has been submitted to the lender. Dealerships use this tactic in order to provide customers with an interest rate that seems as though it cannot be beaten by other finance providers. So even if the customer attempts to do the right thing and seek alternative finance solutions, the dealer has provided a rate that is too good to be true. Again, it is not until the final approval is provided that customers realise they may have been misled.

3. Quotes are obligation free

The dealer has no obligation to meet an original quote in the final deal package. Although a customer may realise early on that their original quote has changed, the sales manager will use every excuse or strategy under the sun to explain or renegotiate the numbers. As buying a car is often a lengthy and drawn out process, too often it seems easier to just agree to the inflated figures instead of going through the hassle of arguing about the repayments. This is especially true when that brand new car is just waiting to be driven away.

4. Car Finance Quotes are usually best case scenario

Very little information is needed from a customer in order to provide a quote on repayments. Typically all that will be asked is employment status, income, and a brief overview of credit history. Based on this information a “best case” figure can be provided. This however does not take into consideration any other personal circumstances such as existing finance liabilities, assets, and residential status or credit scores. Again it is not until the all of the information and documentation is collated and submitted to the lender that an accurate repayment amount and interest rate can be calculated. Lenders have very strict criteria as to which customers qualify for certain finance packages, and although a low rate may be initially promised, dealers are often unable to deliver on their quote.

5. Quotes do not guarantee an approval

Unfortunately we also see a lot of customers who have been through almost all of the sales process at the dealership, collected and provided all of their information, only to find out they were never eligible for the finance in the first instance. Some common reasons for this are employment history, credit history, and residential status. This is incredibly frustrating for the customer! However this situation likely ends in the best outcome as it allows them to freely seek other finance options before the deal has been finalised. Brokers including 360 Finance and our unique product offerings provide access to many more loan products than any dealer in the country. These products suit a range of different circumstances and budgets and brokers can quickly tailor a package to bring the ordeal to a close.

10 ways small business owners can improve their financial literacy

Here are 10 tips for taking control of business finances, improving financial literacy and taking your company to the next level:

1. Do the math. Do you know how much money it takes to run your business? Determine the true costs of your products and services, including labour, transportation, rent, marketing, insurance, phone, Internet, utilities, taxes, and whatever else you require to function. That’s just the beginning. You need to learn how to effectively track money in and out of your business, a first step of which would be setting invoicing periods.

2. Uncover your hidden costs. Have you ever needed to obtain a permit? Or get a license? The expense of these things can start adding up, especially when you factor in the cost of legal services, your own salary, return on investor capital, and capital for future expansion. Don’t forget to add the cost of borrowing money and the interest and debt you may have already accrued. Then start thinking ahead: once you can put numbers to everything that takes money out of your business, you can plan how much you will need to grow going forward.

3. Bone-up on the basics (at the very least). Even if you have a professional helping you with your finances, you still need to understand them. Know how to read – and make use of – income statements and balance sheets, understand your inventories, and learn how to manage your cash flow and supply chain.

4. Know where you stand. Educate yourself on your marketplace. Analyze your competitors and ascertain how your company stacks up against them in terms of goods, services, and pricing. Determine competitors’ strengths and weaknesses and identify opportunities therein. Additionally, work on deepening your understanding of your customers and figure out if they could and would spend more for what you provide. All you have to do is ask. Crowd source via Facebook and Twitter – market research has never been easier.

5. Establish priorities. Making a profit is an obvious goal, but what else should you aim to accomplish? Do you want to see your product on every shelf or only in select boutique stores? Do you want to expand or franchise your services or keep your company small in order to provide customized experiences to those willing to pay for them? Identifying your priorities will help determine the future course of your business, and the correct costs for your products or services.

6. Embrace technology. Intuit’s most recent study on small business success found a sizeable majority (86 per cent) of Canadian entrepreneurs believe the contributing value technology adds to their business is worth the cost. By using mobile devices and tools like financial management software, online banking, and secure cloud-based document storage, entrepreneurs can work effectively from anywhere, making life as a business owner easier, faster, and more enjoyable.

7. Find a professional you trust. Everyone needs a second opinion. Even if you can only afford a professional’s expertise on a part-time basis, accountants and bookkeepers are invaluable partners who can help you understand where your business is and where it is headed. They will use the data from your financial management tools, analyze it, and work with you to provide an overview of your needs.

8. Learn how to use financial management software. Whether you have a good understanding of finance or are just starting to learn, there are software options that can help you accurately track your finances, invoice customers, file taxes, manage your budget and build your financial literacy at the same time. Cloud-based financial management tools can give you an immediate picture of your financial situation, saving you time and allowing you to get back to what you love: growing your business.

9. Seek guidance from credible organizations. Canada has a vibrant small business community, with small businesses making up about 98 per cent of employer businesses, according to Statistics Canada. This means that we also have near-countless resources available to entrepreneurs, including associations, classes, and professional groups. There are several organizations willing and able to guide you, including Startup Canada, Communitech, and Futurpreneur. Taking advantage of these resources will help you make smart decisions, get you on the right track and keep you there.

10. Determine your worth. How do you price your products or services and how much does an hour of your time cost? These questions confuse most entrepreneurs. Unfortunately, many business owners guess incorrectly and assign arbitrary numbers. In fact, one in four small business owners (27 per cent) believe they may be undercharging based on the high level of value they provide and are therefore impacting their overall profitability and chances for long-term success.

UK household debt continues to soar

The Office of Budget Responsibility (OBR) has forecast no end to the credit-fuelled spending binge for households. Low pay rises along with low interest rates mean that people feel debt is a great option if they want to acquire consumer goods or improve their quality of life by taking the family on holiday.

UK household debt continues to soar

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“Unprecedented” levels of debt

This build-up of debt has been all the more sudden given that after the financial crisis, households pulled in their horns and ran surpluses. The OBR has described this as “unprecedented”. There is nothing in the economic history data to show what happens when households carry this much debt for such a long period. The debt boom seems to have been fuelled by increasing confidence among consumers, even though they have actually not been better off due to low or no pay rises.

Warning signs

The OBR is forecasting that unsecured lending – mainly credit cards and loans –will rocket to £662bn by 2020. The debt figures are now getting close to their peak before the financial crisis, and financial regulators are beginning to worry about a credit bubble.

They have a good reason to worry. If there’s a sudden economic bump in the road and people begin to suffer unexpected periods of unemployment, people’s ability to service the debt will decline and defaults will start to rise.

Mark Carney, Governor of the Bank of England, has been warning that these high debt levels might pose an indirect threat to the UK’s economic health. He has said that the Bank will act if credit growth becomes unsustainable. Many would say it already is. If you recognise yourself in this position, you can explore an IVA through Carrington Dean or an IVA from other providers to see whether it would help you get things back on track.

Generation Internet” expects everything to be free, and with interest rates at these levels, money almost is. Interest rates have been at dramatically low levels for seven years.

In that time, many 20-year-olds have started work who have no knowledge of what life is like with interest rates at more typical levels. However, as rates return to their long-run levels, many people are going to find that they have over-borrowed and cannot service their debts at a higher level of interest.

Heated NFU debate over Brexit continues

With the referendum on Britain’s membership of the European Union fast approaching, the National Farmers’ Union (NFU) continues to debate the impact a so-called ‘Brexit’ would have on the farming and food industries.

Heated NFU debate over Brexit continues

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In a meeting held on 18 April 2016, the NFU council discussed the findings of a report it had commissioned from a Dutch research institute. The report outlined the possible implications for farmers should the British public vote to end the country’s membership of the EU on 23 June.

What Brexit would mean for farmers

The NFU report warned that farmers’ incomes would be significantly reduced if Britain votes to leave the EU, with looser trade agreements and a potential cut in support meaning a dramatic loss of earnings. Beef farms would be particularly hard-hit, it suggested, with greater competition from imports meaning Britain’s cattle farms would go into decline.

Under a more positive scenario, the LEI Wageningen University study said incomes may in fact rise if the UK introduced tariffs to limit cheap imports and maintained some level of government support. Farmers up and down the country will have an opportunity to debate the findings over the coming fortnight, with the report due to be presented at 28 regional NFU member meetings to be held across England.

A worse deal for consumers?

In the event of a Brexit, lower incomes and less support for farmers would have a major knock-on effect on the British public. While prices on the supermarket shelves would go down, the UK would be less self-sufficient and the quality of the produce on sale could not be guaranteed. With some of the strictest regulations on animal welfare and slaughter, farmers, meat processing companies and suppliers of meat processing machinery such as clarke-fussells.co.uk have to adhere to the highest standards to ensure the best quality meat reaches supermarket chillers.

In the wake of the horsemeat and campylobacter scandals, a British exit from the EU could undermine consumer confidence in the meat they are buying. Cheaper imports from countries with lower animal welfare standards or meat reaching the UK after a long and convoluted supply chain would undoubtedly be of poorer quality.

Whichever way Britain votes on 23 June, the scenarios outlined by the NFU’s research make worrying reading for farmers and consumers alike.

TYPES OF MORTGAGE

It is displeasing and hindering when banker fail to acclaim you for a home credit in Toronto. Years before you need to go to the bank and apply for mortgage. Essentially plead the lender for a house. If you don’t meet the lender criteria you will not get approval for loan bad credit mortgages Kitchener. But now days there are more mortgage options, more lenders and more banks options.

One outcome we go in for is the non adhering mortgage credit accurately for those people who have previous credit affairs or for those who want to buy a particular property that does not fit in the bag of the lenders .Non adhering mortgage loan program helps those people who have no traditional credit, who have damage credit, who need different mortgage banker, who recently self occupied and cannot find out income, newly come down immigrants, are in credit caution.

Early mortgage

75% mortgage with finance organization or mortgage lender. These programs are for customers that can justify profit and steady enrollment.

Early and secondary mortgage

10 to 25% secondary mortgage with a independent investor or business company. This program is for especially for previous loss, damage credit, mythical income and recent settler to Canada, self hired for less than 3 years. In petty cases mortgage funding up to 85% of the property value can be arranged if in situation the house is in polluted area of 25,000 or more. 80% in new areas Here beneath are banking options for non adhering mortgage

Land requirements

Property is the first important aspect for a firm banker mortgage loan. The bankers are lending one of the assessments of inland and will be assertive that the estate is good and profitable cut of real estate. This will be kind of security that their property is safe in case of delinquency .For regain their purchase lenders must be highly comfortable and their happiness comes from calculating price of the land that should be done by an authorized appraiser. If the property does not fit their approval then credit will not be allowed.

Interest requirements

To service the loan income requirement must be acceptable in the way that candidate must be on the job or self employed and have salary coming in. As the integrity increases income requirements tend to be adjustable. The income conditions don’t have to fit in the particular GDS ratio.

Past bankrupt

You can still apply for mortgage even if you have stated loss. It depends on your down outlay figure how much you will be accepting. A least possible of 2 years before a granted mortgage is offered with 5 or 10% down return for this CMHC require that a previously insolvent client be replaced.

Banker fees

The settlement for the agent for the work done in procuring finance is paid by the buyer in bad credit position canadawf.com bad credit mortgage. This cost is specially paid on closing and interest of the financing arranged. Almost always second mortgage banker will charge amount.

How to get financing for your home improvement project?

Home improvement projects do cost pretty much, as a result nearly all of us have to take out some kind of financial help to pay for them. Nowadays you have a lot of opportunities to find the most appropriate method how to organize your upgrading project. In addition, it is highly recommended to have a small investigation concerning the type of financial add that is the most suitable for you.  As with lots of financial decisions, on the other hand, it’s actually worth the time to realize your dissimilar options so you don’t turn yourself in the long run. The sum of money you will need depends on the size of your project. For example, if you simply need to replace your old windows or to install new ones, then you just can use cash you have. However if you decide to change the whole appearance of your house, it is better to think about loan to have enough money to pay for it. So here are the main methods how to organize improvement project successfully:

  • Use your cash

Cash is typically preferable for collecting more debt. On the other hand, for small projects, like windows replacement, if you’re capable to save enough in cash, this is almost certainly the most excellent way to go. In addition, take into account that by “cash” it is meant to pay for the project complete instead of getting a loan for it that you pay off little by little. That could signify charging the project to your credit card as a result you get the rewards for it.

  • Use 0% or low interest credit card for various small projects

In case you have decent credit, you’ll run into offers for 0% interest on your credit cards. It’s simple to apply and meet the criteria for various small credits and you don’t even risk losing your house on this type of unsecured loan. Just be sure you realize the fees and terms such credit card offers and can completely pay off the debt by the time the offer ends.

  • Think about personal loans for medium-sized projects

If you want not only install new windows in your house then think about personal loans. Such types of loans are uncomplicated to call for, don’t need any guarantee and they are likely to present higher loan sums than credit cards do. On the other hand, interest rates are liable to be higher on personal than they are on home equity line of credit loans. For the reason that terms and rates vary significantly between these niche loan products, it’s as well harder to realize just what you’re signing up for. That’s why be sure to check all the aspect of such financial support.

Jody Carlson is established as a reviewer for a big array of online publications, who focuses on different home improvement points for example – energy-efficient  windows in Edmonton  financing and matters alike. A tireless drifter of online space and an influential blogger in all having to do with home improvement financing options.

Types Of Bad Credit Card Loan Available

In a credit card loan is the lending of money from one individual, organization or entity to another individual, organization or entity with having some hold to the person. A loan is a debt provided by an entity, organization or individual to another entity with an added interest rate to it and evidenced by a promissory note which specifies among other things like the principal amount of money borrowed from person to person, the interest rate that the lender is charging and the date of repayment of the money. A loan will also entails the reallocation of the subject asset for a period of time till the money paid back between the lender and the borrower of the money. In a loan the borrower will initially receive or borrows an amount of money and that is the base amount called the principal from the lender and the same is obligated to pay back or repay an equal amount of money to the lender at a later time with added some percentage of interest to it.

Procedure For A Car Loan With Bad Credit

The loan amount is generally provided at a cost that is referred to as rate of interest on the debt which provides an incentive kind of thing for the lender to engage in the loan amount. In a legal loan each of these kinds of obligations and restrictions is enforced by contract person with additional charges which can also place the borrower person under some additional restrictions to known as loan convents of the loan amount. Car finance will arose because of the price of cars was out of the reach for an individual to purchase that without borrowing the money from the lender. The funding for personal car finance is provided either by a retail bank or a specialist car financing company or a Bad credit auto loan. In that some car manufacturers own their own car financing arms with them such as Ford with the Ford motor Credit Company and General Motors with its GMAC Financial Services arm to have the double money from the person which has now been renamed and rebranded as Ally financial it is available with all kind of loans.

The Indirect auto lenders may set risk based on the interest rate of the loan or buy rate that it conveys to auto dealers of the loan. Car companies may then allow their own auto dealers to charge a very higher interest rate to the loan when they finalize the deal with the consumer who want a car loan. This is typically called as dealer mark-up for the purpose of the company. The interest rates on unsecured loans are nearly always higher than for focus of the secured loans because an unsecured lender’s are options for recourse against the borrower loan in the event of default are severely limited at times. In an unsecured lender he must be sue to the borrower to obtain a money judgment for breach of contract made earlier and then pursue execution of the judgment against the borrower’s unencumbered assets.

What to do when you need money for your business

When you require getting rapid access to money in Coquitlam, payday loans are one of the most excellent options for you to think about. Compared to other categories of credit, they have quite a few advantages that you simply cannot get somewhere else.  Here are five benefits that come with payday loans:

  1. Speed

One of the great reasons to get payday loans when you need money for your business is that they are fast to get.  You can come to a decision that you need money at the moment, walk into a payday loan store in Conquitlam or even apply online and get money to spend in an hour in a few cases.  This basically is not the case with other categories of credit.

  1. Easy to meet the criteria

One more big benefit of using a payday loan is that they are easy to meet the criteria for getting it. You ought not to have a brilliant credit rating so as to get this type of loan. The majority of payday loan operators simply wish to identify if you have a job and if you make the appropriate sum of money per month. Certainly, they’ll do various checks, however they’re mainly interested in knowing whether you’ve got the funds to pay the loan back. If you meet those requirements for payday loans in Coquitlam, you can typically get your money.

  1. You get your cash to spend

Take into account that with a payday loan, you really get cash that you can make use of immediately to spend on anything.  However take into account that with a credit card, you may get access just to credit, excluding you can’t get it all in cash.

  1. Flexibility

One more advantage of payday loans in Coquitlam is that they are really flexible.  You can get your money and spend it how you wish without any limits.  Keep in your mind that with other types of loans, this is not possible.

  1. Convenience

Payday loan stores in Coquitlam are typically very easy to work with.  They have suitable hours that are normally more flexible than what you’ll discover with a bank. As a result, this makes it simple for you to get payday or any other type of loans and easier to make your refunds in time.

Keep in your mind that with all these advantages, it is easy to see how payday loans can in actual fact assist get you out of any financial problem if you need cash rapidly.  Simply be sure you realize all of the terms and conditions connected with this type of loan prior to signing up for one and you’ll be all right.

Benny Mason is established as a content developer for a range of online publications, who sheds light on a variety of personal finances themes for instance such as easyFinancial payday loans alternative and areas alike. A restless drifter of digital community and an opinion maker in anything noteworthy for the personal finances.

Types of loans SMEs should consider for the growth of their business

Being enterprising can be a good thing, even admirable. However, there are a lot of factors that one needs to consider, especially in terms of finance, when you are a Small and medium-sized enterprise (SME). Listed below are five of the popular types of SME loan that you could consider for growth and stability of your business:

  • Term loans

Term loans are one of the most popular types of loans that any business considers. When you take a term loan, you borrow a specific amount, and repay the money over the course of the term, usually between 1- 5 years. The terms of the loan depend on the lender, the amount of money borrowed, the credit rating or credibility of the SME, the purpose of the loan, etc. Such loans can be acquired from banks or other lenders. Such lenders will want to know the purpose of the loan, your credit rating, and require you to give some collateral.

  • Short- term loans

More and more small businesses are turning to these loans to take care of the cash- flow gaps that occur frequently with such kind of businesses. These loans come handy when you need to pay your employees, build an inventory, pay taxes, etc. They are similar to term loans, with the difference being that these loans entail a higher interest rate and shorter instalment durations such as making daily payments.

  • Equipment loans

You take out this loan to buy equipment for your enterprise, using the said equipment as collateral. In case that you are unable to repay the loan, the lender takes possession of the equipment. The expected length of the term is the expected life of the purchased equipment itself. Such loans are easy to get based on your business’ credit rating, and your business’ history. Equipment loans usually have fixed monthly payments, a fixed term length, and fixed interest rates.

  • Merchant cash advance

Do most of your customers pay you using credit card? Then you may want to consider merchant cash advance. They entail little paperwork, that can be approved and funded within a day. The process involves the lender lending you money based on expected credit sales, and you need to repay the lender by paying him a part of your sales for each day along with a fee. However, they entail a high Annual Percentage Rate of as high as 80%, making them expensive, so proceed with caution on this type of loan.

  • Line of credit

A line of credit can be acquired for multiple purposes such as working capital. These loans can be both, unsecured or secured. If it is secured, then the collateral is often in the form of equipment or inventory. One advantage of getting a line of credit is that you don’t have to repay until you actually tap into the credit given to you. The interest rates are lower than that of conventional term loans, as long as you keep making the required payments on time.

Make sure you thoroughly research into the kind of loans available for your SME before you start with your endeavour.

The Effective Website For Your Business – 3 Important Strategies

Anyone that aspires to do well on the Internet needs to have a website that is well designed and performs for them everyday. It is not possible to have an online business with a website that does not convert. It is a mistake that will lead you to failure. Finding out what is wrong with your website is essential, and instant feedback can help you accomplish this. More than likely you will have a high bounce rate (people leaving within seconds) if your site is poorly designed.

You will notice that your conversions for your offers that you send via e-mail will also be dismal. You can turn everything around if you believe, and work hard – anything is possible!

Many times, when your website visitors arrive, you will want them to do many things. Also, there is the idea of the most desired action, MDA, you want your visitors to do. Becoming more familiar with a call to action statement is how you can change this for the better. It is important that you make everything as easy to understand as possible. There really are no rules. This is not the time to be wimpy about it, either. It is important to tell people exactly what they need to do once they arrive. Don’t worry about your writing abilities – as long as you convey a simple message, people will follow what you are asking them to do.

Tie up all the easy and simple loose ends on your site so you do not lose visitors for not very good reasons. For instance, make sure visitors are able to find your contact information easily if they have questions. Depending on what you’re selling, you may also want to include your terms of service, or even a privacy policy if you expect people to leave information on your site. People are also naturally curious about who the person behind the website really is. Let them know exactly who you are on a separate ‘About Us’ page because you know people really will want to know. These are very basic things anyone can do, but they will have a positive effect on increasing trust for your business.

The more invigorating your content is, the more likely it will be that your readers will come back to read what else you have to say. Perhaps there are other ways that you could share content with your visitors, something that does not have to be read at all? You might want to create some videos. People like to watch those! You can use a variety of options in your testing, such as adding video with your text. Your readers will be the best judge of what you have done, and you can modify based upon their reactions. People can produce podcasts, which many like to download and listen to at their leisure. And if you have a newsletter, you can fill it with old newsletters and podcasts for them to download.

If you are able to create a plan of action, and execute it the right way, you will have a successful web business on your hands. Two separate things are usually required – the knowledge of what you need to do, and the ability to implement what you know. After you read about something, then you have to get the experience by actually doing it. To succeed online, just follow this path, and you should reap the rewards of your efforts.

How to Start an Insurance Premium Financing Company

Insurance premium financing is one of the newest offerings in the insurance market. Basically, this activity involves having a bank extend an individual a line of credit to pay for an insurance policy over the course of a certain amount of time. Generally, this option is only available to clients over the age of 65, and most will need to already have a good financial standing. If the policy is needed during the term, the loan is paid in full from the funds. If not, the client can either pay off the loan and keep the policy or sell the policy on the secondary insurance market. Now you can get involved in this profitable approach to insurance; here’s how.

Building

Instructions

  1. Get Licensing. Because you are going to be working in the insurance field, you’ll need to have a license to do so in every state in which you hope to offer your services. Be aware that many states have very different licensing requirements and some are fairly strict. Because this can be a time-consuming process, hand over the responsibility to your lawyer.
  2. Look into a captive financing company. When you start this type of business, financing is going to be a big part of your success. If you control the financing company, you get to make the important decisions, such as what interest rates to charge and what other lending terms to set in motion. You also profit from the deals, even when things don’t go well with the transaction. For example, normally, if the client had to sell the policy because he could not afford to pay off the loan you would end up taking a loss. If you own the financing company, that’s not going to be the case.
  3. Find clients. Even before you officially open the doors of your business, you should have your eye on potential clients. Hopefully, you already have a strong reputation in the insurance or financial planning market which will make lining up clients easier. If you are currently working in those fields, consider marketing yourself to existing clients if there would be no conflict of interest with your present employer. Another way to find new clients is to start hosting free seminars or by offering to do presentations for individual potential clients.
  4. Consider outsourcing management. One of the popular options available for premium financing companies is to outsource their management to services that can run them. The benefit is that you’ll be able to reap the benefits, but you won’t necessary suffer if you don’t have a lot of business acumen or if you want to continue working in your present field while also opening up this additional income stream.
  5. Build your capital. Because of the higher than average capital costs required to start one of these companies, you’ll need to either finance the business yourself or find some partners who will assist you. Remember that your expenses will be determined, in part, by how many policies you plan to extend. You may also not generate much profit right away either so you’ll need to have sufficient capital to cover the costs of hiring a management team and covering all of the financing fees, such as interest, associated with each of these loans.

QROPS is not the only fruit

The ubiquitous QROPS is, for many, THE international pension product.

But whilst there is no denying that QROPS are a fantastic and flexible product (and in the best interests of many of ex-pats) what of the other types of offshore pension provision?

What about the client lucky enough to have a fully funded pension? True, a QROPS can take contributions with no ceiling but what about the limited investment choices? I get asked on a weekly basis if a client can purchase a buy-to-let portfolio (and fine wine seems to be a popular choice at the moment). However, due to the Taxable Property provisions that affect Investment Regulated QROPS these cannot be placed into a QROPS (and if any QROPS provider claims to offer a non-investment regulated scheme make sure you demand independent proof because I am yet to see a scheme that would hold up to scrutiny). So what would you suggest?

Enter the new(er) kid on the block – QNUPS. I’m not going to go into too much detail here on the ‘key features’ of each of these products, I assume that if you’re reading this supplement that you will have at least a basic understanding of QROPS and in simple terms a QNUPS is just a QROPS without the Taxable Property restrictions. Clearly there are greater idiosyncrasies but word count will not allow me to delve too far in this forum.
So a QNUPS could be the obvious choice for a client with more diverse investment needs, they’ll still benefit from tax-free roll up and IHT protection but with the added benefit of virtually no investment restrictions. But are there any drawbacks to a QNUPS? Well the obvious concern is the fact that they are based upon UK legislation and as we know all too well, HMRC likes to ‘tinker’! The tinkers! Bear in mind though that a QNUPS will largely only be attractive to a UK domiciled individual.

So if you’ve looked at QROPS and QNUPS and they still don’t quite tick all the boxes how about an International Pension Plan (IPP)? Unlike their offshore cousins mentioned above, IPP’s are nothing new and I’m sure that most of you will have used them in the past. However, IPP’s seem to have fallen out of favour since the Q denominated bully boys of the acronym world came about – for any of you that have seen my Blogs or read previous articles you’ll know that I have a bit of hate hate relationship with acronyms but try as I might, I just can’t escape them! – Anyway, IPP’s. For the truly mobile individual there are few better products around. We write all of our business from Guernsey which is a tax neutral jurisdiction, this coupled with some of the simplest pensions legislation anywhere in the world can provide mobile clients with the comfort that not only do they have a tax neutral pension product, there is also much less chance of an overly officious government looking to change the rules at the drop of hat. IPP’s can be very flexible and are suitable both for individuals and as group schemes, which leads us on nicely to the next product in the armoury, Section 615 Plans.
Again, Section 615 pension plans are nothing new and the snappy title draws it’s imaginative name from Section 615 (6) of the 1988 Income Tax Act. Despite their provenance, 615 Plans are still unheard of to a lot of people. The basic premise is that a UK employer with an international workforce needs to be able to provide benefits in a secure and tested manner. By utilising a 615 plan, the non-resident member can salary sacrifice very reasonable levels of salary into the plan without deduction of UK tax and thus reduce the amount on income they become taxed on in their current jurisdiction. Unfortunately, once again the revenue decided they were due for review. Until the disguised remuneration provisions came out last December it was possible to receive the entirety of the contributions back in the UK tax-free. There was a very simple justification for this – protectionism. The UK government clearly didn’t want UK money going to fund other countries coffers so to encourage the members of 615 plans to spend their contributions back in the UK they offered the tax break. Alas, the powers that be decided that was far too generous in these times of austerity and bought the benefits back under the UK tax net. Despite this, 615 plans are still great for the right people and should always be considered along with group IPP’s for corporate clients.

With all of the above in mind I could forgive the reader for thinking that I might in someway be adverse to QROPS. Nothing could be further from the truth and in fact they are the bread and butter of Marlborough’s business. We have an extensive & colourful client base and there are never 2 clients the same. The brilliance of QROPS is their almost universal appeal to ex-pats with UK cited pensions. The diversity of our client base for QROPS never fails to amaze me, we have individuals from every walk of life, from chimney sweeps to fighter pilots and I can guarantee that everyday will bring a new individual with a new life story that is looking to maximise their hard earned capital.

I get rather protective about QROPS and it annoys me that so much of the press written about them is negative, whether that be sensationalist headlines about the next mis-selling scandal or rival product providers bickering about who’s read the most legislation. The simple truth is that QROPS are a great product but like all financial services are open to abuse and with the complexity of the legislation there will undoubtedly be conflicting views on interpretation. It’s about time advisors and providers accepted that the market place is so enormous that we couldn’t possibly deal with it all on an individual basis.
Whichever product you look to to meet your client’s needs the single most important thing is to remember is the client is king. There is a very basic principle of trust law that states a provider should manage their client’s interests ‘as a father would for his family’. We all have a duty of care to provide the best levels of service for our clients, without them we would all be unemployed and therefore squabbling over who knows the most, has the cheapest fees, has managed to ‘bend’ a few more rules is an exercise in futility. Apart from anything else, we all sleep better knowing we have done a good job!

Bad credit? Need a Car Loan? GO ONLINE!

Bad credit auto finance is very common, as a large percentage of Americans have an imperfect credit history. This is to make sure that the dreams of those who do not have a great credit history do not remain unfulfilled. Every individual has the right to fulfill his dreams, and the hindrance in making a dream-come-true should not be a mere “Bad Credit”.

Why go Online for a Bad Credit Car Loan?

Low interest Rates – Periodically online car dealers offer low interest rate incentives from the manufacturer to buyers which local lenders are unable do. Even with poor credit history, you can be benefited with such incentives. For instance, many captive finance companies have offered interest rates as low as 0%, 1.0%, 2.9%, or 3.9%. It can be hard to match those rates no matter where you shop.

Abundant Lending Resources – A great number of lenders means that online dealers can offer buyers a variety of lending options. Many of the top auto finance companies in the country only offer funds through local car dealership partners such as those within an affiliate network.

Extreme Convenience – Buyers with bad credit car financing problems can finance and buy a car at the same time, which is time saving as well.

Less stringent Underwriting Requirements than Direct Lenders – Online dealership bad credit finance managers are particularly trained to present your situation to the lender in the most favorable terms to guarantee applicants the best possibility of approval.

Best Bad Credit Car Loan online.

It is not very difficult to find help locating a low interest poor credit car loan online. There are numerous reputable online lenders that offer the best available finance rates for people with bad credit, and you can compare their rates at sites that provide you with precise bank rates.

Many online companies also could do some great work in bad credit financing. If you visit the websites of these companies, you will have to provide your information and they will, in turn, give you a list of lenders. Their databases have several listings, therefore making the time-consuming task of finding these on your own, easier.

Advantages of getting an Online Car loan for bad credit.

There are many advantages of online bad credit car finance. As discussed earlier, one of the most important is Attractively-low Interest rates which only an online Bad credit car financing can offer due to its various tie-ups with numerous lenders.

Another striking advantage of online bad credit auto finance is the process involved, which easy and time saving, as a result of the huge database that a lot of online bad credit car financing companies contain.

Again a very important benefit of car loan online for bad credit is that the personnel that present your case to the lenders are highly trained and experienced in their particular field, which helps them show your positive and favorable aspects to lender. This helps in making the approval more probable.

How to Evaluate Financial Investment Companies

Evaluating a financial investment company is important before using that company for personal finance needs. A company should only be used when the evaluation of the company shows that the company is the best possible financial investment company and there are no possible complaints that a client can have regarding the company. There are key points to look for in a financial investment company before giving the company money.

A good investment company takes care of investments.

Instructions

  1. Find out the company philosophy. The company managers should be able to provide proof that shows how they invest, which risks they take and how they minimize the risks of investments. The philosophy of the company should be acceptable before considering any other factors about the company. The public disclosure of any investment company can be obtained from the Securities and Exchange Commission’s Investment Adviser Public Disclosure, or IAPD, website.
  2. Look at the company process of investing. The process that the company uses should match up with what it claims for a philosophy. If company managers claim that they invest in environmental friendly investments and then turn around and invest client money in stocks or companies that are known to harm the environment, the company is not a good company.
  3. Ask questions of the people working for the company, especially the individuals who are handling client money. Questions should include asking about their methods and understanding of the company processes and philosophy, whether they work individually or as a team, who they work under and how they make investment decisions. It is very important that the people in the company that handle client money are considered before hiring a company.
  4. Find out about the company’s background. Check on the company through the Financial Industry Regulatory Authority’s website, under the broker check section. FINRA’s search will give information about the company including whether the company has committed crimes in the last ten years or if it has filed for bankruptcy.
  5. Find out how the company charges clients. Some financial companies charge very specific fees and rates while other companies, especially hedge funds, will charge a specific percentage of the investment gains instead. This should be clarified to determine if the fees and charges are acceptable.

Total Network Monitor is An All-Seeing Eye For Your LAN

Today’s growing demand for network asset management tools makes the developers seeking for new solutions to satisfy all sophisticated needs of network management. Main task of such tools is to provide maximum effectiveness of network performance and to reduce costs for hardware and software upgrades. Administrators should be always aware of everything what is going on in their networks in order to anticipate and timely eliminate grave problems connected with local network.

Softinventive Lab has keen sense of the pulse of modern tendencies in network monitoring and audit (http://www.softinventive.com/products/total-network-monitor/). We found new solution to manage your network even better than ever. Softinventive Lab presents its new product Total Network Monitor (http://www.softinventive.com/products/total-network-monitor/) which is a software for the continuous control over the performance of your network, separate computers, network and system utilities that make the essence of your network place and need to be thoroughly monitored. Total Network Monitor will alert you in case of failures and unpredictable errors by many ways before situation becomes threatening to your work. It will build a detailed report on the type and time of the error or failure. You always have an opportunity to check any aspect of this or that utility, server or file system: HTTP, FTP, SMTP/POP3, IMAP, Event Log, Service State, Registry and many other. To all these benefits network map and user-friendly interface make your work with the software the most demonstrable.

The time when you were running from one computer to another for checking the state of certain utilities and applications and waiting for complaints of the annoyed users is irrevocably gone. Total Network Monitor allows you to create monitor lists and customize them as much as possible according to your needs. Just press “Check All Monitors” and you always get an updated information about the state of all network computers and utilities ran on them.

Your each network monitoring project includes three important object groups: devices, monitors and actions. Each device can comprise one or more monitors. Total Network Monitor gives you an ultimately convenient opportunity to monitor the state of devices and monitors (http://www.softinventive.com/screenshots/total-network-monitor/1/).

If you are away from your computer where Total Network Monitor is running you can always find out if something goes wrong. Just add a new action to your monitor which will allow to send message to your mail box or your Jabber client, to run a separate application or to execute script, to reboot a remote computer or utility or just to make a record into a selected log-file. Anyway Total Network Monitor will build a detailed report on this project monitoring.

Besides arranging the devices into various groups Total Network Monitor also allows you to build a demonstrative map of your network (http://www.softinventive.com/screenshots/total-network-monitor/2/). After adding a new computer to your project it will automatically appear on the map. The only thing you need to do is just join it to already existing devices and a conclusive plan of your network is ready.

Total Network Monitor was designed to be your all-seeing eye. Any important feature is just one click away from you.

Try Total Network Monitor now and feel the advantages of new solution from Softinventive Lab.

Tips for Mortgages

Signing up for a mortgage is a necessity for many people who wish to own their own home. There aren’t many people who can afford to spend several hundred thousand pounds for the home of their dreams at one time. Mortgages allow people to borrow money from a lending organization like a bank to finance the home they’ve always wanted. They will typically have anywhere between 15 and 30 years to pay back the money, plus interest. When signing up for a mortgage, it is important to not accept the first offer you find. Shopping around is one of the keys to getting the best rates to finance not just your home but the future of your family.

When you get ready to apply for a mortgage, the first step to take is to research your existing credit history. Look up both your credit report and your credit score to get an idea of how much you can expect to pay in interest should you be approved for a mortgage. Because of the housing crisis of the late 2000s, credit standards for new mortgage applicants remain very tight. New mortgage rules have been unveiled as recently as 2013 and are not expected to loosen in the near future. As a result, your credit history has become your most valuable asset with regards to securing a home mortgage. If you want to get the best rate on a mortgage, you need to have a credit score of at least 720. Though it is still possible to get decent rates with a score of around 680, interest rates will gradually start to increase as your score drops lower.

If you know you won’t be applying for a mortgage for a few years, start taking steps to repair your credit today. Pay down as much debt as you can and get your finances under control. If you have any past accounts that have gone into collections status, pay down those debts so they can stop hurting your credit score. Though repairing a person’s credit score takes a long time, getting on financially stable ground today will definitely pay off when it comes time to borrow money for a house. Every little step of progress helps when it comes to getting the best rates on a mortgage.

If you already have a home mortgage, consider refinancing to lock yourself into more favorable rates. Due to the housing crisis of the last few years, home rates all over the world remain at an all time low. If you purchased your house several years ago and are current on your payments, refinancing can be a great way to lower your monthly minimum payment, your interest rate or both.

Once you’ve applied for a mortgage and have been approved, remember one key piece of advice: the process is not officially over until the loan “closes.” When you’ve been approved and your home offer has been accepted, you will need to provide a large number of documents to the bank. Most mortgage brokers require these documents to be in hand as quickly as 24 hours after the process begins. Do not delay in getting these documents to the right people, as missing your deadline could see the whole process fall apart before your eyes.

If your mortgage is “underwater,” consider refinancing. Underwater mortgages are ones where a customer owes more money on the house than the property is actually worth. When the economy all over the world was in better condition a few years ago, these people had a difficult time refinancing and getting more favorable terms and conditions. Because the market is in its present condition, these people are finding it much easier to get the results they want. Even if you’ve tried to refinance in the past, now is the time to try again and hope for the best. And in the case that you are not underwater, you can still consider refinancing or taking out a second mortgage in order to remodel or otherwise improve your home through services like those offered by Infinity Home Improvement.

Kevin Campbell knows that when you have a less than perfect credit rating it can be difficult to get a mortgage. Go to uswitch.com/mortgages/bad-credit-mortgages/ and find out about mortgages especially for people with a bad credit history and see if they could be something of interest to you.

Ben Feldman’s 13 Sales Success Secrets!

Ben Feldman was one of the most prolific insurance agents in the world. From 1942 to his death in 1993 he sold $1,800,000,000 of Life Insurance for New York Life. During his life he held the world record for the most products sold by a salesman in a career, a year ($100,000,000), and in a single day ($20,000,000). Near the end of his career, his annual commission totals were over $1,000,000 per year. Here are the ‘Sales Secrets’ for Mr. Feldman’s success:”

1. Be More Creative
Use your intelligence and your imagination to continually develop and execute your attitude, image, enthusiasm, potential, discipline, plan, thinking, ideas, call, problem defining and solutions, belief in the products you sell, advance your product knowledge, relationships, confidence, and persistence.

2. Develop Your Positive Mental Attitude
The biggest asset you have is your earning capacity, and that depends entirely on your attitude. Attitude is your first and most important factor!
You know that you must sell! You’re not waiting for people to buy!
A positive mental attitude –more than anything else, — determines your earnings. If you decide you are going to lead and feel wonderful, strong, excited — then you have the power to move mountains!

3. Stick With It
Who says there is no sale pending? All is not lost. Follow-up! Follow-up! Follow-up! The sale may be next month or next season or next year, or in 17-months, so stay with it.

4. Stay Enthusiastic
The most important person to get excited and enthused in the sales interview is the financial professional. Enthusiasm is nothing more than the excitement conveyed by your voice and convictions.

5. Be Dissatisfied
People who are perfectly satisfied with the way they are living, and the way they are doing their job, are in a rut. If they have no driving urge to be a better person, or to accomplish a better job, then they are standing still.
And, as any successful financial advisor will tell you, this means the same thing as going backwards. One of the greatest human traits is the total inability to be completely satisfied with our own work. The feeling of having completed a job well is rewarding. The feeling of having done it perfectly is fatal!

6. Prepare With Care
Organize your ideas into a simple sales presentation. Spend more time in preparation than in presentation. Never call on a person unless you’re prepared. The sale of financial products is a procedure, not a problem. This becomes a problem when it stops being a procedure.

7. Make Your Calls
One of the keys to selling is simply to make the calls. Don’t try to make the sales before you visit, just make the calls, and your sales will follow.

8. Pay Attention To Your Image
Your image does not take care of itself! If you don’t take care to promote your image, then your competition will take care of your image and your competition will also take care of your sales!

9. Find The Problem
Simply look for the problem! When you find the problem, make sure that you have identified it! That you recognize it and you understand it so well you know the price of doing something about it, and the price of doing nothing about it. Pinpoint the problem! Problems have price tags!

10 Fit The Right Solution To The Problem
Your work is to make the financial product fit. You know, when you buy a pair of pants, or a pair of shoes, you don’t just buy any pair. You make sure the fit is precise. Like a tailor with a bolt of cloth, you must make the product fit.

11. Keep Your Solution Simple
Sell a package – a very simple package designed to do a special job.
Sell a policy designed to make sure a spouse will never be dependent on the children, a policy designed to convert bricks and steel back into dollars, so a family ends-up with cash instead of frozen assets. I repeat, sell very simple packages! Merchandise – simple clean-cut packages. Regardless of size!

12. Sell Softly
Don’t back your prospects into a corner and force them to make decisions. Don’t push. Lead. Be a leader! “Let me put this together and you take a look.”

13. Ethics And Honesty
Always remember that ethics and honesty are proven to pay best! The best interest of the client always comes first.

Auto Finance Your Desires

With the average car today costing way too much for the average employee, it’s quite fortunate then that there exists numerous companies which offer car finance services so the average individual can now purchase a car of his choice.

Today, we all need cars. From using them for your daily commute, to ferrying your kids to school every morning, to taking the family off to see your parents, or taking your partner to your personal special date place, an average person will be needing an individual mode of transportation that could grant him mobility and independence. For this, a private automobile would do quite nicely. Today, though, just as with everything else, the prices of vehicles are high and are still skyrocketing. The standard sticker price of any car may be out of reach of your ordinary employee, rendering it extremely hard to have one. Fortunately though, nowadays there are companies focusing on auto finance which happens to be offering car financing programs for anyone who is considering getting a vehicle.

An automobile is really a complicated piece of machinery and what is considered to be the very first modern automobile was invented in 1885 by a German inventor named Karl Benz. It was actually a simple four-stroke gasoline engine that utilized the now-common idea of internal combustion. From that point onwards, the world never looked back, and the automobile has become one of the most iconic symbols of the last century.

Now, the motor car is just about the most common modes of transportation on earth. However, today, in addition to the rising prices of virtually everything around us, the prices of automobiles are likewise high, with the average value of a vehicle just beyond the reach of the ordinary individual. A normal automobile may cost thousands of dollars, and with the average paycheck not sufficient to afford the cost of one, an ordinary employee won’t be capable to afford a vehicle.

Thank heavens then that there’re car financing companies on the market who’re capable to help out with a number of their auto finance packages. These packages are aimed towards helping a person finance a vehicle purchase by allowing him to pay by way of a specific car finance plan.

What are these car finance plans anyway? These car finance plans are basically a group of agreements, conditions, and terms wherein rather than pay for a car with a complete one time payment upfront, an individual would come up with an initial amount for downpayment after which you’ll gradually pay the total amount of the automobile over a lengthy period of time. This allows a person to be able to own and drive his own car even if he can’t pay for the full amount yet.

These car financing plans come from three possible sources. The first is from specialist companies solely dedicated to providing car financing plans to people. The second source would be a retail bank that offers the same type of car financing, although with slightly different terms of payment depending on the bank. Lastly, there are several car manufacturers that offer their own car finance schemes, although these only provide their services if you plan to buy a car from their company.

With all that in mind, if you think that it’s the right time for you to purchase your own vehicle and yet don’t have enough money to cover it, don’t fret: auto finance companies are here to help you.

Why Choose InstaForex Forex Trading Broker?

InstaForex (InstaTrade Corporation) – ECN-broker provides on-line trading services on the international financial Forex market and trading of contracts for difference CFD services. The name of the company comes from the eng. “instant” and “Forex”, which means “instant execution of orders on the Forex market”

History
InstaForex project was founded in 2007 by InstaTrade Corporation as retail broker on the financial Forex market. Right after the registration the contract was concluded with one of the leading companies in software engineering for financial markets – MetaQuotes Software. That is how InstaForex started working on the market of brokerage services all over the world. During the first couple of months of InstaForex operations the contracts were concluded with the major western contra-agents, which provides access to the banking currency market. For providing informational support to the clients agreements were signed on the news providing with major media-company on financial markets in the USA – Dow Jones & Company.

Location
InstaTrade Corporation is registered at the British Virgin Islands. Clients’ relationship department, Dealing Department and Marketing department are situated in Kaliningrad (Russia). Moreover InstaForex has many representative offices all over the world: in Russia, Ukraine, Latvia, Kazakhstan, Malaysia, Indonesia, India, Dubai, Iran, China, the USA.

Licence
Activities of group of companies InstaForex correspond to Russian and International legislation. InstaTrade Corporation is registered in British Virgin Islands and acts within the juridical bounds of British law. The Headquarters office is in Russia and licenses on brokerage were obtained by group of companies InstaForex, which were granted by the main regulating authority of the Russian Federation – Federal Financial Markets Service (FFMS).
Operation of the company
The main direction of the operation of InstaForex group of companies is providing on-line trading services. Company provides its service in more than 50 countries all over the world, the majority of which are European and Asian countries. Every day more than 300 traders open accounts in InstaForex and invest their funds in currency and stock markets. Nowadays more than 20,000 individuals and corporate customers are InstaForex Clients.

Trading platform
Carrying out dealings and managing trading accounts is occurred by means of the trading system InstaTrader. InstaTrader is software engineered on the basis of MetaQuotes Software company’s product MetaTrader4. Functional possibilities of the trading terminal come to opportunity of the dealings execution on Forex market, receiving market quotations for the main currency pairs, crosses, world stock indexes, receiving news from the market as well as announcements and surveys of the company.

Key factors that affect the success of an M&A

The cost of capital is low and your company made it through the recession. Now may seem like a good time to buy but you’re scared off by the high business mergers and acquisitions failure rate. Studies conducted in the late 1900s and early 2000s show that M&A failure rate hovered around 70%.

However, recent results project an upward trend. According to Bain & Co, only 30% of M&A’s underperform, down from 50% of previous years. While the science of predicting the success (or failure) of M&A may seem hypothetical, there seem to be factors that hinder or help M&A.

Integration program

Budgets and people don’t integrate themselves. Before the deal closes, it’s important to have a detailed integration plan that covers all facets of the organization. Moreover, first steps towards integration should be taken before the ink dries. Combining synergies on paper is easier than doing so in practice, but cultivating and maintaining processes should smooth the transition.

Target sighting and metrics

M&A’s with synergy targets and metrics in place have a better chance at succeeding. Collecting, analyzing, and presenting data on a regular basis lets the board know if the unit is growing according to plan or if actions need to be taken to correct missteps, should growth plateau or slow.

Maintaining business intelligence

Loss of key people has a definite impact on the future performance of the merged entity. It’s important that new organizational structure and leadership is set early in the integration process to prevent business intelligence from literally walking out the door.

Protect your base business

While it’s important to have a smooth transition process, getting work done should still be top priority. Management shouldn’t be distracted by M&A activity. They should be vigilant against competitors who may try to take advantage of the flurry of activity and present a unified front to customers despite gaps in the integration.

Lack of due diligence

Performing proper due diligence can unearth factors such as pending law suits, outstanding tax debt, and extreme vulnerability to litigation that can dissuade a potential buyer. A thorough background check can protect your base business and can save you time and money.

Relative Size

A significant difference in size between the acquiring and target company has been found to be a factor in poor acquisition performance. M&A can flounder if the divested company is too large to manage or if smaller acquisitions don’t receive the time and attention they required.

Cultural Differences

Salient differences in corporate culture is another factor that can hamper the chance for success. When a company is acquired, the decision is typically based on product or market synergies, “soft factors” that can be overlooked with the assumption that personnel issues can be overcome. While cherished aspects of a work environment may seem petty compared to the bottom line, their removal may result in resentment, productivity decrease and loss of key employees.

Business Merger and Acquisition Experience

While previous M&A experience is not a necessary requirement for success, it does help when detecting red flags and creating and implementing a better integration plan. If this is your first M&A, seek the advise of expertise of knowledgable professionals.

Proformative.com is a free, open and independent community of corporate finance, accounting, treasury and related professionals that offers a wealth of expert advice, information and accounting resources . Finance forums like Proformative allow you to learn about M&A and other relevant issues important to finance, accounting, and treasury experts.

Magento Store Management? You Can Do That on Your Own!

Magento shopping cart is claimed to be one of the largest and the most well-known e-commerce platforms that gained trust of numerous business owners in different branches of web business. This shopping cart is utilized by such business titans as Nokia, Olympus, Samsung, Lenovo and plenty of others. Even so, a good deal of merchants refuse to work with this platform in favor of some much less refined and well developed. The characteristic feature of Magento e-commerce platform is its very elaborate construction and functionality. This attracts some business owners and scares off others, who consider working within this platform very challenging.

When an ordinary web business manager gets to working with Magento, he/she encounters a number of issues. To get the hang of its functioning and use all the attributes to the fullest a person really should have programming skills. An additional alternative is usually to employ a person who would do this work for you. Not each manager would be pleased to spend additional money and let an unknown person manage his or her business enterprise.

Should you need to use Magento shopping cart, you’ll need a lot of extensions and modules, which would make your work not as much tedious. They really simplify the whole process, but having to pay for all of them will not be a really profitable option.

One more way out of this situation is Store Manager for Magento. This is a windows based app that is aimed at effortless administration of your on-line store. What on earth is so peculiar about this software? First of all, it simplifies a good deal of tasks which appear to be much too challenging to tackle on your own. Within this program you can manage your items, add and edit product attributes, organise your goods into a category tree, keep track of all your orders and so on. This system allows you to accomplish operations with numerous products at once. You are able to assign new price, discount or product attribute to a thousand products in several seconds.

Store Manager for Magento doesn’t require from you any programming competencies. It could be very easily operated by an regular personal computer user. As for the installation, it’s a really quick and easy process. It is possible to download a demo version from the official web site of Store Manager for Magento and try it right away. All you should do to obtain access to all of the attributes of the software program is buy the license.

The functionality of this software program is fairly impressive. Product Management and Category Management sections allow you to create, edit and delete products and categories respectively, modify the present product attributes and create the new ones. Using the help of Customer Management you can organize all of the information about your customers in one location. Store Manager for Magento also gives an efficient solution for orders management. The corresponding option makes it possible for you to arrange all of the orders, filter them by any time period and export to excel .csv file.

For more advanced users there’s Raw Table Editor that enables you to work with your database tables directly.

Store Manager for Magento is a software, that helps make Magento management far more user-friendly and accessible to all varieties of company owners. It combines the features of a variety of extensions and simplifies all of the tasks you ought to accomplish. It’s always up to you to decide what would suit your needs most of all, but a great deal of online store owners have definitely confirmed: Store Manager for Magento is an excellent opportunity to save your time, energy and money and turn your store management from a tedious procedure into a pleasant activity.

New Quebec Immigrant Investor Program Checklist

On July 15, MIDI issued a new checklist to replace the controversial document checklist of December 2014. This new QIIP document checklist brings significant improvements to the file preparation process for applicants and their agents. While the checklist is currently only available in French, we do expect the English translation to be available online in the next few weeks. In the meantime, and in order for you to already adapt to this positive change in the QIIP, RCI has provided a highlight of what this new checklist means for you and your clients.

For more details, a full RCI memo on the new checklist can be found on our website www.rcican.com.

What Are the Main Changes of New Checklist ?

– Full translation of bank transcripts is no longer required, and a simplified certified translation may be submitted instead;

– Applicants have full discretion to choose which documents best document their management experience instead of having to submit several specifically identified documents;

– The engagement report, previously required to document investments in the stock market, is no longer required;

– Documents relative to stock options are no longer specifically required;

– For most applicants, only the detailed personal credit report is required to document liabilities (e.g. no more credit card statements or mortgage contracts required);

– For most documents, the checklist requires only the submission of photocopies instead of originals or certified true copies;

– The Sections 6 and 7 of the checklist have been completely re-edited and simplified;

– Section 8 (on Chengbao contracts for Chinese applicants) has been deleted.

When does the new Checklist apply?

The July 2015 Checklist of the QIIP replaces all old checklists.

It applies to applications to be submitted for the upcoming intake, from August 31 2015 until January 29 2016.

The new checklist equally applies to all applications in inventory, and therefore to all update requests and pre-interview updates from now on.

Does this mean I can use this new checklist for my client’s file updates?

Yes. The new checklist applies to all files, including those submitted in prior intakes. The new checklist therefore not only simplifies the processing for new applicants, but also benefits prior applicants as well.

Completeness of Declaration is Still a Must

It is to be noted, however, that although the document checklist has been significantly simplified, it is still mandatory for applicants to declare all their assets, liabilities and sources of funds. As such, a complete and detailed narrative document remains an essential part of any QIIP application, and we urge everyone to refer to our narrative template and narrative example for more details. Our QIIP Handbook, available for free on our website (www.rcican.com), is also a useful resource to assist you in this process. Please do not hesitate to contact us for any assistance.

The New Checklist: A Fresh Start

This positive development is the fruit of a positive dialogue between MIDI and appointed stakeholders of the financial intermediaries, including an RCI delegate, in order to improve the processing of the QIIP and ensure that the program remains an attractive and competitive option for immigrant investors.

We look forward to working together for this intake. The new QIIP intake being due to start in only a few weeks, our entire team is standing by to assist you and answer your questions. Please contact your RCI Account Manager to find out more on what RCI can do to ensure you have a positive QIIP intake this year.

Renaissance Capital Inc. (RCI) is an authorized financial intermediary of the Quebec Immigrant Investor Program since 1996.

The only method to buy a car with bad credit car rating

Are you one of the many people with bad credit rating? Are you having difficulties to get a car loan? Are you truly interested in buying a new car? If the answer of those questions is yes than you need to know that there is a way to get guaranteed approval car finance regardless of the poor credit history. Nowadays you can have your new car driving the same day when you applied for this type of financing. The all process is done online and it doesn’t take too much time.

However, you need to know that you can take advantage of this service only if you are UK citizen. If you are one than the chances are big that you are eligible for the type of financing that is described in this article. The first step is to submit an online application. Once you do that someone will review it and will call you to tell you the details and whether you accept them. Once you accept the terms that are offered you need to choose the car that you want to buy. Once you make your mind you can go and pick up your new car from the dealership. Once that is done you can visit the dealership and you can get your new car. It is a simple process that can be done within few hours once you submit the application.

The thing that distinguishes these finance services from the classic finance services such as bank is that they don’t consider your previous credit card history. A bad credit car is a term that is used when a person is considered as not eligible for classic financing services. Usually that is due to divorce, mortgage, decreased incomes or similar issues that can impact your overall financial situation. However, if you are servicing your debts on time and if you can prove that than there is no reason for you not to have your new car. Your current financial situation and your overall ability to service your current debts are the things that count when applying with such service. Show that you are making at the moment enough money to service the debt and you can forget about the bad credit car. Ferrari, Bentley and Maserati are some of the exclusive brands that you can consider if you can afford the monthly rates.

Even though in the past guaranteed approval car finance was a myth these days that is a reality that is on disposal of almost everyone in the UK. If you are part of the big group of people that are faced with bad credits than by all means this is the right and maybe the only way to buy a new car.

How to Start a Finance Company in India

A finance company in India is known as a non-banking financial company (NBFC). It must first be registered under the Indian Companies Act of 1956 before applying to the Reserve Bank of India for registration as a finance company. There are three types of NBFCs in India: asset finance companies engaged in asset-backed financing, such as equipment leasing; investment companies engaged in the securities industry, such as investment dealers and brokers; and loan companies engaged in general financing activities.Finance companies must register with the Reserve Bank of India before commencing operations.

Instructions

  1. Incorporate your company under the Indian Companies Act of 1956 if you have not already done so.
  2. Apply to the Reserve Bank of India to be registered as a NBFC. You must have have unencumbered capital, or net-owned funds, of at least 20 million Indian rupees.
  3. Submit the application online by accessing the Reserve Bank of India’s website. Download the NBFC application form, fill it out, and upload the form, making sure to enter the correct regional office code. A reference number will be provided to you.
  4. Submit a hard copy of the application form indicating the reference number, along with the supporting documents, to the same Reserve Bank of India regional office that you indicated in the online form.
  5. Make preliminary plans to start operations. The Reserve Bank of India will issue the Certificate of Registration after ensuring that the conditions outlined in Section 45-IA of the Reserve Bank of India Act of 1934 have been met.

How to Start Your Own Bad Credit Auto Finance Firm

The purpose of an auto finance company is to provide individuals with the funds necessary to purchase a car. The borrower then pays back the amount of the loan, plus interest, to the finance company. A finance company’s profits come directly from interest charges and any late payment fees a borrower accrues. Individuals with bad credit are much more likely to seek financing through a finance company rather than a bank. Banks are unlikely to extend financing to bad credit buyers, not just because of the higher risk of default, but because of the extra work that comes along with recovering lost funds and repossessing vehicles. A finance company for bad credit buyers can be a lucrative business venture if you take care to market your business in a way that will attract customers and establish loan recovery procedures ahead of time.

Financing used cars will net quicker profits.
Step 1:Gather the necessary capital to start your business and get your paperwork in order. You will need a substantial start-up fund since you will be loaning money out for quite a while before you begin to see a profit. A small business loan or line of credit through your bank is a good option. You must also obtain a license to conduct business in your state and apply for a tax identification number for your finance company through the IRS.

You must have a business tax ID before filing taxes.
Step 2:Market your services to car dealerships that may be willing to refer their customers to you. Your first stop should be small used car dealerships. Small dealerships are less likely to have the financial overhead to service their own loans, and they often work in conjunction with a local finance company. More partners means more profits.

Make deals with local dealerships for customers.
Step 3:Draw up a risk management model. A risk management model is a chart containing how likely a customer is to pay his loan based on his credit score. A finance consultant or computer program can keep your chart updated with the current interest rates. This will help you offer accurate rates to customers based on their scores. The higher a customer’s lending risk, the more interest your finance company can charge.

Risk management model based on credit scores.
Step 4:Consider defaulted loans ahead of time and plan accordingly. When doing business with consumers who have bad credit, the prospect of defaulted loans is a much larger risk. Interview companies in your area that handle vehicle repossessions. The ideal repossession company will charge reasonable fees and do the work of tracking down the debtor for you. The car dealers you are allied with will probably be more than happy to purchase back the vehicle. If the car loan was close to being paid in full, this may even net you a small profit.

You will need help repossessing vehicles.
Step 5:Hire an attorney who can draw up your legal paperwork such as contracts and repossession notices. You must meet certain legal requirements when repossessing vehicles. If you do not conduct repossessions properly, the borrower may have recourse to recover the car and sue you for damages. It is vital that you successfully navigate the legal red tape involved, and its best to allow an attorney to take care of this for you, lest you risk making mistakes.

Be careful not to accidentally break the law.
Step 6:Apply for membership in the credit bureaus’ reporting program. Reporting your customers’ loans to the credit bureaus is important because your customers expect that a good payment history will be rewarded. If you have no method of rewarding their good payment behavior, they are very likely to refinance and this will cut into your future profit margin. Membership in the reporting program is free, but you will have to pay a $75 fee for a business evaluation and purchase your own reporting software.

Report your customers' accounts to their credit reports.
Step 7:Advertise your willingness to finance bad credit buyers. A large percentage of your clientele will come directly from the dealerships you are working with, but you can attract more customers by marketing your business via the radio, print media and the Internet. If you can afford it, you may even consider filming a local television commercial.

Advertise your finance company.
Step 8:Be patient. Because you are the loan servicer, it will take longer for you to see profits from customers. Used cars are cheaper and thus turn a profit for finance companies much more quickly than new cars. By partnering with the right dealerships, you could begin to see a profit in as little as two years and maybe even less.

Wait patiently for profits.

How to Start a Finance Company

When you look at finance companies, banks easily come to mind. Banks, large or small, have always been the institutions looked to in order to finance such things as homes or a new business. However, it is possible for private citizens to go into business to provide many of the same services that banks have provided for years.

Start a Finance Company

Mortgage Broker and Loan Originator Requirements

  1. Pay a $1,500 non-refundable investigation fee. The investigation is needed to find out if the applicant has been involved in any fraudulent activity in the past.
  2. Write a check to the state for $1,200 for your license fee. This fee is non-refundable.
  3. Produce a Surety Bond to the state in the amount of at least $20,000. This contract is your promise to the state to be legal in your practices. The cash amount is your compensation in the event of any damages.
  4. Submit your financial statements to the state. Your net worth must be at least $35,000.
  5. Pay your loan originator application fee to the state in the amount of $125.
  6. Fill your continuing education requirement of at least six hours. The continuing education courses are on residential mortgage finance.
  7. Take courses at a local college or university to get a better understanding of finance before you enter into business.

Life Insurance Broker Requirements

  1. Fill out your Life Insurance Broker application and submit to the state.
  2. Fulfill your required 40 hours of pre-licensing education at an institution approved by the state.
  3. Take and pass the state exam. Your license is good for two years. At the end of your term, you must retake the test again.

Build Your Office

  1. Get your business license from your city or state before acquiring any space for your office.
  2. Find a storefront or office space to make your offices.
  3. Buy computers, fax machines and other electronic equipment to help organize your business.
  4. Hire staff for your office based on need.

Is Pipeline Forex The System For You?

Pipeline Forex states it can make you a lot of money , a system that will win 19 out of every 20 trades . But how accurate is that ?

The system is the brainchild of Ray W Schwartz and is derived from his flourishing techniques of making money by way of the FOREX markets. I imagined I would be getting a software system that was fully automated , but this was nothing like that . It teaches the old fashioned way and it works . You do not need to be an expert on the FOREX market to use this system . My only knowledge was the FOREX market was used to buy and sell currencies . I wanted someone who would teach me to trade.

Ray came across a successful formula in his FOREX trading and this is the basis of Pipeline Forex – no mechanical robots to do everything for you . Ray states that using automated software simply does not work it is a waste of time and money . With this system both time and effort are needed to make it work . If you are the type of person that purchases things and then never spend any time trying to make them work then do not buy this system .

The thing I like about this system is it relies on tried and trusted methods and if you follow them you will be successful . This is a great product for anybody that will put in some energy and simply follow the instructions . In truth I was a little dissapointed that it was not an automatic system that did all the work for me. But in hindsight I understand why it would not work .

This product can be used by simply anyone . Someone who has never dabbled in FOREX before can pick it up and follow it just as well as someone who knows the markets .

One word of advice if you are a total newbie check out some of the free games that teach you FOREX on the internet . They give you a great overview of how the market works which will be very useful for you.

At a price of just $77 this is a great little investment for anybody prepared to work and wants to learn to trade FOREX. It has a 60 day money back guarantee and I can tell you that after 60 days you will know if this is is the product for you .

It is a proven system that works , simply look at Ray’s earnings from using it. It is certainly worth a look. During this current economic climate with many people wanting to earn a few extra dollars each month I would certainly recommend using this system

Internal Rate of Return: Understanding the Difference Between IRR, MIRR and FMRR Home Finance

Internal rate of return (IRR), modified internal rate of return (MIRR), and financial management rate of return (FMRR) are three returns used to measure the profitability of investment property. Each method arrives at a percentage rate based upon an initial investment amount and future cash flows, and in each case (of course) the higher the better, but the procedure for making the calculation varies significantly as do the results.

By definition, internal rate of return is the discount rate at which the present value of all future cash flows is exactly equal to the initial capital investment. To make the calculation, negative cash flows are discounted at the same rate (i.e., the IRR) as positive cash flows.

Let’s consider the following investment with the initial investment as CF0 (always a negative number because it is cash outflow) and subsequent cash flows as CF1, CF2, etc., with some negative and some positive.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

IRR = 30%

Seems all well and good, but the problem here is that the calculation assumes that the cash generated during an investment will be reinvested at the rate calculated by the IRR, which may be unrealistically high and therefore will overstate the return on initial investment. Likewise, since negative cash flows are also discounted at the IRR, if that rate is fairly high, the investor might not accurately estimate the cash required to meet those future negative cash flows.

To deal with this shortcoming many real estate analysts use a method known as MIRR (i.e., modified internal rate of return). In this approach, the assumption is that positive cash flows the investment generates during its life can be reinvested and earns interest at a “reinvestment rate”, and negative cash flows must be financed at a “finance rate” during the life of the investment. In other words, rather than simply using one rate (i.e., IRR) to deal with both negative and positive cash flows, MIRR introduces the option to use two different rates.

By applying a finance rate of 5% and a reinvestment rate of 10% here’s the result using the same investment criteria as we did earlier.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

MIRR = 18.75%

Okay, then along came the financial management rate of return (or FMRR). Though it also provides two separate rates to deal with negative and positive cash flows known as the “safe rate” and “reinvestment rate”, FMRR takes it a step further. The assumption here is that where possible, all future outflows are removed by using prior inflows. In other words, negative cash flows are discounted back at the safe rate and are either reduced or eliminate by any positive cash flow that it encounters. The remaining positive cash flows are compounded forward at the reinvestment rate.

We’ll apply a safe rate of 5% and a reinvestment rate of 10% to our investment criteria to show you the result. But this time we’ll also include a table to show you the adjusted cash flows.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

CF0 -111,717
CF1 0
CF2 0
CF3 0
CF4 0
CF5 304,300

FMRR = 22.19%

The financial management rate of return is difficult to compute, which is why most real estate investment software solutions opt for the modified internal rate of return (MIRR) calculation. But after learning about it from CCIM, I considered it a beneficial return for real estate investment analysis, so I included FMRR my ProAPOD real estate investment software as well as my ProAPOD mortgage calculator software. To learn more please visit the link provided below.

Web page scraping, Website Scraping, Web Scraper, web data scrape

Website scrapping which is also called screen scrapping is the process of extracting data from targeted websites using advanced web scraper tools. Website scrapping is done by using automated script or programs which are written using programming languages like Java, Perl, Python etc. Web page scrapping is the solution to handle web data without the need of any manual intervention by using automated tools. Web scrapper is designed for people who find it tedious to manually copy and paste data from thousands of web pages. Web scraper will allow users to scrap data from targeted websites and export the contents to various formats such as MySQL, Microsoft Word, Excel, PowerPoint, Text format etc.

Web scrapper can help in converting unstructured content from web pages to structured format. Web scrapper can be helpful for extracting product information, online shopping data, news, press releases, contact details, stock quotes and other financial information. Web scraper can gather data or content from business directories, job portals, e-commerce website, search engines and shopping sites. Web scraper will help you save lot of man-hours involved in manual extraction of data and reduce the time taken drastically.

The contents present in websites are present in different formats and structure and in order to gather all information manually we need to copy data from web pages manually and paste them in desired document format. Web scraper can resolved this problem by using advanced web crawling algorithms to extract data from websites.

Web scrapper is nothing but software application which is written to crawl through websites and gather unstructured data from web pages and export them to desired format of our choice. The technical scenario of web scraper is like a human visiting the website by entering the URL and then collection information from web website. Web data scrapper does this job by using advanced crawling algorithms which are implemented using scripting languages like PHP, Perl, Python etc.

Web site scraping is helpful to mine data from web pages to your local hard disks. Web scrapper has a graphical user interface which allows you to designate URL (Uniform resource locator), the data to be extracted and the crawling algorithm to be used for traversing through mined data. Web scrapper can be used at periodic intervals and by using web data scraper you can download an online database to your spreadsheets. Web data scrapper can gather huge amount of unstructured data and convert them to useful format for the purpose of analysis. Web scrappers are used in different business sectors for various purposes like creating leads, establishing marketing strategies based on market analysis, forex analysis, gather stock quotes, product pricing data etc. Using web scrapper, the information required for your business can be gathered from internet.
Web data scrapper can also be used to crawl public email addresses from websites which can be used for creating huge mailing lists for marketing purposes. You can use the mail address for online promotion of your products and sending proposals related to business offers to customers throughout the world. Web scrappers work similar to search engine spiders but are more powerful than that and we can get output in desired format as we like.

Importance and characteristics of college research paper examples

Introduction
Writing of research paper in colleges is compulsory for all students. Research papers are meant to evaluate and assess the understanding of students in certain topics. The papers are used to test the knowledge of students on specific issues of their study. Students need to know the requirements of the research papers, how to write them and the different formats of writing the papers. For a good understanding of how to write a quality research paper, there is a need to have a clear understanding of how the papers are being written. College research paper examples are useful to students in getting a clear picture of how research paper should be written. Through the reading of the past research papers, students will be able to know the exact requirement of research papers, the format of how they are written, and the structure of the papers. This will help them have a good understanding of the research paper hence help in improving their writing skills in the papers.

Importance of college research paper examples
The college research paper examples are written either by the lecturers or the past students. The research papers help students to know different formats that a research paper can take. The examples will allow students to learn about the different writing styles, and how they are applied in the writing of research papers.
The research papers example will also allow students to understand the structure of research papers. The students will learn of the various structures that research papers will take. The structure of the research essays differs according to the specifications by lecturers or the stated format of the paper.

Through the use of college research paper examples, students will be able to know the correct format of how the in text citation and references should be done. The example will portray a clear picture of the different formats of references and the in text citation. The students will also have a chance for practical experience of research paper writing.
The research paper writings will also help in improving students writing skills in essays. They will use the various examples of research papers to learn the writing skills of essay papers.

Characteristics of college research paper examples
For the benefits of students, college papers should be of specific characteristics.
The papers should be written in the correct format specified by the tutor or professor. They should be free of grammatical mistakes. The papers should be proof read so as to ensure that they are free from any mistakes. The papers should also be written in the required level of language. The references and in text citations should also be in the correct format and style. The paper layout should also be correct and according to the instruction of the tutor or professor.

Conclusion
Providing students with college research paper example is an important aspect in the student academic programs. Colleges should provide their students with examples of research papers so that they can understand the concepts of writing the papers. This will help students to write good essays in their academic programs.

Immigration to Quebec – A Gateway to Great Life

Quebec is a province located in eastern Canada, the largest in size and second only to Ontario in population. The name “Quebec” derives from the Algonquin word “kébec” which means where the river narrows – that was originally referred to the area around Quebec City where the Saint Lawrence River narrows to a cliff-lined gap. The beautiful place of Quebec is the only Canadian province that has a predominantly French speaking population. Many travelers and residents find this place unique among North American destinations. Its French heritage does not only set the province apart from most of its English speaking neighbors, moreover it is also one of the historical places in North America that fully preserved its Francophone culture.

According to a report from the Organization of Economic Cooperation and Development (OECD), Canada is among the best places in the world to live. In addition, the beautiful country of Canada performs well in many measures and it ranks above the average in personal security, economic stability, high-skilled jobs, quality education and many more. It is undeniable that Canada holds a unique reputation among first world nations as a country many people would like to visit and migrate. Here are more reasons why many immigrants aspire to relocate in Canada and be part of the country’s rich heritage:

– Canada offers all the citizens and permanent residents a universal health care regardless of income level.
– Canada is ranked consistently high by the World Bank. In fact, Canada’s Gross Domestic Product (GDP) is ranked one of the world’s highest.
– The quality of education in Canada is among the highest in the world. Many students pursue a high quality career after getting a Canadian degree.
– Canadians place a high value on their natural resources. The citizens protect the wildlife and natural environment with the supervision of the Government.
– Canada’s job market is growing. The country creates hundreds of thousands of new jobs each year.
– Canada is a safe, established and secure place to live with a fair justice system and low crime rates across the world.

There are many reasons why people migrate especially in Canada and the beautiful province of Quebec – be it a career path, a better quality life, equal freedom and many more. To sum it up, immigrants are increasing as they choose to have a great life ahead.

The province of Quebec offers a business immigration program called Quebec Immigrant Investor Program (QIIP) which is reserved for business people who are interested in bringing an economic contribution to Quebec’s economy.

We, at Renaissance Capital Inc., understand that relocating to another country requires a systematic method. For any individual or family who wants to move to another country, immigration is an important decision. Therefore, it is important to choose the right partner. The main role of our team is to assist your immigration consultant to ensure that the application will be handled fairly throughout the Immigrant Investor Program application procedure. Renaissance Capital Inc. is an authorized financial intermediary of the Quebec Immigrant Investor Program since 1996, and is a registered member of the Investment Industry Regulation Organization of Canada (IIROC) and of the Canadian Investor Protection Fund (CIPF). Below are the advantages of Quebec Immigrant Investor Program:

1. The requirements are less demanding compare to other federal programs.
2. A candidate can invest in this program without any risk. The investment will be guaranteed by the Quebec government and the full amount will be refunded after 5 years.
3. The immediate members of the candidate are included in the application. The spouse and dependent children can accompany the applicant to Canada.
4. The candidate can receive the same benefits provided to Canadian citizens.
5. More importantly, settling a life in Quebec provides lower cost of living compared to other Canadian provinces. A good quality life is waiting for anyone who wants to be part of this program.

At Renaissance Capital Inc. we value most our clients’ interest. Feel free to contact our team and we will be happy to assist.

An Auto Finance Calculator for Assessing Your Ideal Car

It’s great to acquire a car. You are free to go wherever you would like. You’re not restricted to the running schedule or route you have to take when using public transportation. You could travel with the individuals you want to be around to the areas you want to head to. Owning your own car is comparable to getting freedom in relation to your transportation, which means a lot to almost anyone. Keeping that in mind, there are a lot of cars individuals could decide among when looking to buy their particular vehicles, as based on World Odometers, there were 19 million cars produced in the globe right now (and counting). One of many ways regular everyone is buying the cars they really want is by auto car loan packages that can include an auto finance calculator, that offer an incredible economic substitute for the budget-conscious individual.

Purchasing a car is the same as buying any other kind of items: you show up in a store, you select which kind of vehicle you choose, and upon paying the shop, you may then take home the vehicle you bought. Most likely the major difference between a car and also a regular part of merchandise is the common value of a vehicle. The average car can cost thousands of dollars, quite a large amount even by anyone’s standards. Taking that under consideration, what many individuals now do is buy a car using an auto car loan, a sort of financial product mainly designed for allowing customers to acquire cars without having to pay for this instantly.

An auto loan is a kind of financial product supplied by companies that offer car financing. This is how it really works. You get to an organization that provides financing, exclusively a car loan, and give them your details. Then, they go to check your information, verify your source of income (or employment record), approve you, and in just a few moments they’ll have the ability to offer you an auto financing deal that can enable you to choose the car you wish without having to pay for its whole amount upfront. The payment terms you’re going to get relies on the sort of auto financing plan you received, with the regular plan requiring you to make monthly installments.

At present, this approach of auto financing is offered the latest platform. Now there are auto financing companies which exist on the web. These businesses work the same as the businesses that manage physical offices, and an alternative advantage given to people is definitely the utilization of an auto finance calculator. Essentially, a car finance calculator is a program that people can access on the company’s website. This program may be used to calculate how much your monthly bills is for this selected variety of auto finance plan, combined with your interest rate.

This makes it possible for you to know outright what kind of financial obligation a certain auto plan would entail, allowing you to have the information to be able to make a sound financial judgment.

All in all, if you’re looking to buy a car, then you don’t even have to leave your home to find one. All you will need is a web-based auto car loan company to give you what you want.

Car Finance Calculator – A Great Help For Consumers

The many as well as different credit or loan alternatives readily available for individuals today have allowed people from all walks of life and also income degrees the ability to buy their fantasy vehicle. For most folks who make deals to have a new or pre-owned automobile, the possibilities are many because of the availability of car loans in the automobile market today. Nonetheless if you are serious about taking a car finance option, then you must understand the different alternatives present and making use of a car finance calculator would be of great help as well.

A car finance calculator helps you discover an approximation of your regular monthly payments incorporating the finance provider’s interest rate amongst others. In a whole lot of circumstances this is not the exact amount and is only an approximation but this will assist you prepare for the repayment that you should make and also precisely how you may divide your monthly cash flow in between paying your home loan, any other loans as well as home-related expenses such as food items, apparel, children’s education and so on.

The car finance calculator facility is now available on many websites. But when you are about to buy your vehicle, it is advisable that you approach a reputed and experienced car finance dealer. The advantages range from getting a good deal both on the price of the new car as well as on the finance. Big and experienced dealers are able to pass on the economies of scale benefits to their consumers much better than the smaller ones.

They also have the most advanced car finance calculator model software to help you get the best deal possible. There are different ways in which a finance scheme can be packaged and unless you are aware of them, you would be consigned or forced to take what is available. With advanced software and the fact that bigger dealers invariably have a wide network that they can leverage, you are able to get the most attractive deal prevalent at that point in time. In short, you can choose from the many options available and not be compelled to take the one that the dealer offers you.

They would be able to advise you about using a bank loan or take an advance on your mortgage, credit card among other solutions and work out the implications on the car finance calculator for you to know how much you need to pay monthly for your car.

Prior to making use of the car finance calculator at the dealer place, it is recommended that you do some research about car finance and the way it is structured. Just like you would have done a study of the different car models before selecting one, you would need to understand the basic car finance model and how it is offered using the car finance calculator to consumers.

Why Is It Easy to Secure Online Car Finance

How good you are buying auto finance? Are you in a hurry to buy the auto loan? Or do you care a damn about auto loan? Whatever be your way of buying the auto loan, the only thing that matters is how easy and cheap auto finance you are able to buy at the end. It is you who have to make the choice ultimately. Online car financing should be ruling high on your mind when you are planning to go for auto finance. It is easy to shop for the online auto finance, as all you need to do is fill an online loan application. The lender will begin processing your application almost then and there the moment you fill and send the application online. You make sure that the credit report is in perfect condition and also completely updated, If you credit report is not updated or it has some flaws, then your very first objective should be to make it complete and attractive,. Another important benefit of securing car finance from Internet is that you will have high possibilities of getting low interest rate auto loans. This will automatically place you in comfortable place. Internet is the place where you can easily search for sub prime lenders who are willing to offer you low cost interest rates.

Search for best car finance rates from genuine online auto lending website. A genuine auto finance lending website is the one which provides updated information on the prevailing as well as projected interest rates. The car financing website will also provide information on different types of interest rates charged under variety of loans. Genuine websites also provides loan calculator that the borrower can use to calculate approximate interest rate on the car finance that you are likely to buy. The process of availing auto finance through online means is easy and all you have to do is fill an online application form and attach your updated copy of credit report with it. Lenders will always be in a hurry to go with the prospective auto finance borrowers who present genuine credit report. Put in plain statement, credit report will place you in advantage position before the auto finance lender. You will be able to avail hassle free auto finance if you start in the right direction.

You can also think about using the car finance calculator to check your credit situation.

How to Interpret the Financial Statements of Insurance Companies

Investors interpret financial statements in order to choose the best stocks. The financial statements of insurance companies show assets just like any other company. Unlike most other companies, however, insurers are liable for paying claims. The National Association of Insurance Commissioners (NAIC) regulates all U.S. insurance companies to make sure they can meet these liabilities. Each U.S. state elects or appoints a state insurance commissioner, and they all belong to the association. The NAIC dictates how U.S. insurance companies write their financial statements.

Assess the financial health of an insurance company with a few calculations.

Instructions

  1. Turn to the insurance company’s “combined ratio” to see how efficiently it handles its claims liability. The National Association of Insurance Commissioners explains that an insurer’s combined ratio includes: accounts receivable (net written premiums and premiums earned), accounts payable (losses incurred, loss expenses incurred, other underwriting expenses incurred and aggregate write-ins for underwriting deductions) and dividends to policyholders.
  2. Note whether the insurance company’s combined ratio is less than or greater than 100 percent. A combined ratio of less than 100 percent means the insurer’s income exceeds its liabilities and expenses. Mercury’s letter to its shareholders, in its 2009 annual report, brags of a much improved 2009 combined ratio of 96.9 percent, as compared with its 2008 combined ratio of 101.8 percent.
  3. Subtract the company’s liabilities and surplus from its total assets to get the company’s “statement of condition.” State Farm’s 2009 statement of condition balanced to exactly zero, with assets equal to liabilities. This is a neutral statement of condition, as compared to a positive condition if assets are greater or a negative condition if liabilities are greater.
  4. Turn to the company’s summary of operating data. See if it paid any dividends to its shareholders, and if it enjoyed a net income or suffered a net loss. Although State Farm enjoyed a net income of $570 million in 2009, it did not pay any dividends to its shareholders.

How to Start an Auto Finance Company

Not many people can afford to put down $10,000, $20,000 or more to buy a new car. Banks may have certain qualifications regarding credit and income. However, an auto finance company has many ways to finance the sale of an automobile. Rates and down payments are higher to compensate for any credit risks with the borrower. With a high profit margin and secured assets such as the borrower’s vehicle, an auto finance company can be lucrative.

Auto finance companies help people afford to buy a car.

Instructions

  1. Contact your state government and pay any application fees it requires to obtain a commercial finance license. In some states such as Florida, the application fee is $825, and there is a minimum of $25,000 liquid cash requirement.
  2. Apply for a line credit from your bank. This is the cheapest form of financing to be lent out to your borrowers. Your profit is the difference in interest between what you pay your bank and what rate you charge your borrowers. If your bank is charging you 3.5 percent on your credit line, you can charge as high as 18 percent to your borrowers, depending on their credit history.
  3. Visit as many car dealerships as possible. Meet the finance manager and present him your lending programs. Car dealerships make money on points they earn on the financing. One point is translated to 1 percent of the entire loan. The easier it is to get their customers financing, the more cars they sell and the more money your auto finance company lends.
  4. Keep a sufficient amount of capital available to make your bank loan payments. Not all borrowers will be steady payers.

Wanna Be Wealthy and Rich? Voodoo Money Spell Is What You Need Most

Money is very powerful to buy comfort and happiness. Truly speaking, without money we can’t run our families happily. Monetary unit is the only mode of transaction in the commercial market. To buy products, you need to earn dollars. Now if you want to be financially stable, and rich, you should earn huge amount of bucks so that you will be able to purchase different types of fashionable products and accessories at the comfortable price rates.

However, in actuality, everyone is not wealthy and financially affluent. If you have the limited financial resources, you will not be capable of leading the elegant and luxurious lifestyle. Therefore, you should seek for convenient way which will help you to obtain huge amount of bucks within short span of time. How will it be possible? Do you believe in occult art? Have you any previous experience to take help and assistance from Voodoo spell caster? Look, Voodoo magic spell caster is very powerful to apply his black magic for helping you to find the treasure trove.

In actual life, it will be impossible to become a millionaire overnight. If you are very common person with average monthly income, it will be really very tough to get million dollars within few days. However, Voodoo money spell caster will definitely give you the golden chance to earn money in huge amount without putting 100% physical effort. You will have to be more careful when Voodoo magician will cast Voodoo money spell on you. You can also gather the information about the different steps of casting Voodoo money spell to gain extra dollars very comfortably and easily.

There are certain ingredients which are required to apply the Voodoo money spell. These accessories are paper money, needle, string, piece of red colored cloth, salt, pink colored candles, tangerine oil and amber incense sticks. Now you can also do experiment by learning Voodoo occult art in casting money spell. For instance, just collect a piece of paper money and make a small puncture on the paper money.

Then, just take a needle for passing the thin string through the tiny hole of the paper money. Later, you will have to fix the paper dollar to the red colored cloth. It will be very fantastic idea to hang it on the surface of wall of your room. Just below the red cloth, draw a marvelous square with good quality white colored salt. Now, you will have to place four pink colored candle sticks on the four corners of the square.

Next, just place a small container into the square which will be filled with tangerine oil. Last but not the least, handpick an amber incense stick and start stirring the oil in the bowel with incense stick. After completing the oil stirring process, you will have to utter the voodoo spell. Take a note of paper money. Pierce a tiny hole into it. With a needle, put a string through it. Practice this wonderful black magic three times for the span of 15 days After practicing for 15 days, you can do practice once in every morning. To be frank, you will see that your bank account will be overflowed with currencies within short timeframe.

New Quebec Immigrant Investor Program Checklist

On July 15, MIDI issued a new checklist to replace the controversial document checklist of December 2014. This new QIIP document checklist brings significant improvements to the file preparation process for applicants and their agents. While the checklist is currently only available in French, we do expect the English translation to be available online in the next few weeks. In the meantime, and in order for you to already adapt to this positive change in the QIIP, RCI has provided a highlight of what this new checklist means for you and your clients.

For more details, a full RCI memo on the new checklist can be found on our website www.rcican.com.

What Are the Main Changes of New Checklist ?

– Full translation of bank transcripts is no longer required, and a simplified certified translation may be submitted instead;

– Applicants have full discretion to choose which documents best document their management experience instead of having to submit several specifically identified documents;

– The engagement report, previously required to document investments in the stock market, is no longer required;

– Documents relative to stock options are no longer specifically required;

– For most applicants, only the detailed personal credit report is required to document liabilities (e.g. no more credit card statements or mortgage contracts required);

– For most documents, the checklist requires only the submission of photocopies instead of originals or certified true copies;

– The Sections 6 and 7 of the checklist have been completely re-edited and simplified;

– Section 8 (on Chengbao contracts for Chinese applicants) has been deleted.

When does the new Checklist apply?

The July 2015 Checklist of the QIIP replaces all old checklists.

It applies to applications to be submitted for the upcoming intake, from August 31 2015 until January 29 2016.

The new checklist equally applies to all applications in inventory, and therefore to all update requests and pre-interview updates from now on.

Does this mean I can use this new checklist for my client’s file updates?

Yes. The new checklist applies to all files, including those submitted in prior intakes. The new checklist therefore not only simplifies the processing for new applicants, but also benefits prior applicants as well.

Completeness of Declaration is Still a Must

It is to be noted, however, that although the document checklist has been significantly simplified, it is still mandatory for applicants to declare all their assets, liabilities and sources of funds. As such, a complete and detailed narrative document remains an essential part of any QIIP application, and we urge everyone to refer to our narrative template and narrative example for more details. Our QIIP Handbook, available for free on our website (www.rcican.com), is also a useful resource to assist you in this process. Please do not hesitate to contact us for any assistance.

The New Checklist: A Fresh Start

This positive development is the fruit of a positive dialogue between MIDI and appointed stakeholders of the financial intermediaries, including an RCI delegate, in order to improve the processing of the QIIP and ensure that the program remains an attractive and competitive option for immigrant investors.

We look forward to working together for this intake. The new QIIP intake being due to start in only a few weeks, our entire team is standing by to assist you and answer your questions. Please contact your RCI Account Manager to find out more on what RCI can do to ensure you have a positive QIIP intake this year.

Renaissance Capital Inc. (RCI) is an authorized financial intermediary of the Quebec Immigrant Investor Program since 1996.

Nationally Recognized Psychotherapist Bill Benson, LMFT, LPCC Questions the Commonly Held Definition of Stress

For years, health care professionals (including many therapists) have advised their patients to live as stress-free as possible. They’ve cautioned: “Stress kills.”

Recent findings, however, indicate stress is not the lethal culprit we once thought it to be. Science now confirms it is our negatively held beliefs about stress that damage our bodies and (over time) may spell our demise. In other words, it is not the actual events in our lives but how we perceive these occurrences that determines our emotional and, ultimately, our physical outcomes.

When we struggle with situations, our veins and vessels constrict – and this kinetic tension taxes our bodies, triggers inflammation, weakens arteries and veins, and leads to disease (dis-ease). It’s now clear that struggle, not stress, is the Grim Reaper’s best friend….

One popular form of Struggle is worry. This emotional state is especially damaging because worry is future-focused. Sure, we all need to plan ahead, but thoughts of “what if this happens” or “what if that happens” tend to trigger anxiety responses that are not based on anything that’s factually unfolding. There is nothing anyone can do about things that have yet to (and may never) happen. We are essentially emotionally shadowboxing here because these ruminations are creating fears that are, more often than not, false alarms (False Evidence Appearing Real). A lawyer friend of mine once stated that many of her clients wasted a lot of time worrying about things that, statistically, will never take place. Let me repeat: an attorney – a person whose financial stability involves mitigating risk – admitted this to me.

There is hope, however. By training ourselves to identify, and then reframe our thoughts during challenging situations, we can actually circumnavigate negative biological chain reactions. In fact, we can actually use stress to enhance our emotional health.

The key to the beneficial use of stress lies within our collective chemistries. Oxytocin, a naturally produced brain-based hormone, fuels our nurturing desire. Oxytocin is sometimes referred to as “the hug drug” because babies (in constant need of care) bathe in the stuff: When a baby is hungry it cries – and then receives food from an alerted caregiver. Oxytocin released because the baby is stressed.

The current Pixar movie Inside Out is an insightful portrayal of how our brains effect on our emotions and actions. By the film’s finale, we learn that the main character’s sadness provides a vital trigger for her reaching out for a solution to her troubles. We can note her film journey in this way: Stressful events => sadness => Oxytocin release => desire to bond => seeking help and reassurance => a happy ending.

It has been hypothesized that oxytocin release during stressful situations serves to dampen physiological stress levels.1 Its presence has both direct and indirect inhibitory effects on the (central) amygdala.2 The amygdala is our biological “fight or flight” alarm clock – Oxytocin, therefore, allows us to hit snooze on our panic buttons when our misguided thoughts create worry and fear. Instead of running away from our troubles, we, instead, seek help in solving them. What’s more, this process is a win-win scenario for everyone involved, because helping others also releases feel-good oxytocin. This is the reason band together when crisis arises and why those who volunteer tend to become emotionally healthier.3

STRESS MANAGEMENT

Stress doesn’t have to involve worry or trigger high blood pressure. It is not the stress but the way we perceive this emotion that creates the distinction between health and horror. Consider this: When we jog a mile, pick up a dumbbell or take a yoga class, we are actually stressing our bodies. Yet, these experiences yield a positive result: The physical stress builds our muscles and releases pent-up energy. If we approach these activities from a relaxed psychological perspective our hearts (which have oxytocin receptors) drink-in this healthy chemical – creating a sense of well-being.

Instead of “stressing out,” decide to embrace your challenges with optimism and ease – and don’t be afraid to ask for help. You have the power to create the perspective that will produce oxytocin – and keep you healthy and happy for years to come.

1. Psychoneuroendocrinology Journal, September 2013, Volume 38, Issue 9, ,The role of oxytocin in social bonding, stress regulation and mental health: An update on the moderating effects of context and interindividual differences. Pages 1883–1894.
2. LeDoux, 1994, LeDoux, J.E. The amygdala: contributions to fear and stress. Semin. Neurosci. 1994; 6: 231–237
3. Emotional Mojo Newsletter, Health Benefits of Volunteering, March 2014.

ABOUT THE AUTHOR: Bill Benson is a Board certified Behavioral Scientist and Licensed Psychotherapist. Bill pioneered The Mental Gym, a counseling practice that has trained thousands to build, and then maintain healthier perspectives and emotional muscle.

A go-to expert in the Psychology field, Bill has appeared on a variety of television programs, including Fox’s Good Day LA, CBS’ Woman to Woman, and NBC’s Tonight Show.

Bill is a recurring panelist for Huffington Post Live and co-hosted 250 episodes of the cable talk show Doc Talk.

Bill is a published writer, covering creative solutions to life’s challenges. He and his work have been featured in newspapers and radio programs across America.

Internal Rate of Return: Understanding the Difference Between IRR, MIRR and FMRR

Internal rate of return (IRR), modified internal rate of return (MIRR), and financial management rate of return (FMRR) are three returns used to measure the profitability of investment property. Each method arrives at a percentage rate based upon an initial investment amount and future cash flows, and in each case (of course) the higher the better, but the procedure for making the calculation varies significantly as do the results.

By definition, internal rate of return is the discount rate at which the present value of all future cash flows is exactly equal to the initial capital investment. To make the calculation, negative cash flows are discounted at the same rate (i.e., the IRR) as positive cash flows.

Let’s consider the following investment with the initial investment as CF0 (always a negative number because it is cash outflow) and subsequent cash flows as CF1, CF2, etc., with some negative and some positive.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

IRR = 30%

Seems all well and good, but the problem here is that the calculation assumes that the cash generated during an investment will be reinvested at the rate calculated by the IRR, which may be unrealistically high and therefore will overstate the return on initial investment. Likewise, since negative cash flows are also discounted at the IRR, if that rate is fairly high, the investor might not accurately estimate the cash required to meet those future negative cash flows.

To deal with this shortcoming many real estate analysts use a method known as MIRR (i.e., modified internal rate of return). In this approach, the assumption is that positive cash flows the investment generates during its life can be reinvested and earns interest at a “reinvestment rate”, and negative cash flows must be financed at a “finance rate” during the life of the investment. In other words, rather than simply using one rate (i.e., IRR) to deal with both negative and positive cash flows, MIRR introduces the option to use two different rates.

By applying a finance rate of 5% and a reinvestment rate of 10% here’s the result using the same investment criteria as we did earlier.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

MIRR = 18.75%

Okay, then along came the financial management rate of return (or FMRR). Though it also provides two separate rates to deal with negative and positive cash flows known as the “safe rate” and “reinvestment rate”, FMRR takes it a step further. The assumption here is that where possible, all future outflows are removed by using prior inflows. In other words, negative cash flows are discounted back at the safe rate and are either reduced or eliminate by any positive cash flow that it encounters. The remaining positive cash flows are compounded forward at the reinvestment rate.

We’ll apply a safe rate of 5% and a reinvestment rate of 10% to our investment criteria to show you the result. But this time we’ll also include a table to show you the adjusted cash flows.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

CF0 -111,717
CF1 0
CF2 0
CF3 0
CF4 0
CF5 304,300

FMRR = 22.19%

The financial management rate of return is difficult to compute, which is why most real estate investment software solutions opt for the modified internal rate of return (MIRR) calculation. But after learning about it from CCIM, I considered it a beneficial return for real estate investment analysis, so I included FMRR my ProAPOD real estate investment software as well as my ProAPOD mortgage calculator software. To learn more please visit the link provided below.

Car Finance Specialists

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Out there in the so called real world there are quite a few places like finance companies and banks and car dealerships where you can apply for a auto loan. You know that comparing different rates of interest and finding the best auto loan means that you can save yourself a lot of money. There is just one particular problem that you could be facing if you end up doing this by going from one bank to the next: It ends up taking too much time to compare all the offers that are out there. The only solution really is to apply for a car loan online through an auto finance specialist.

Searching for a online auto loan through an auto finance specialist is much easier on yourself and will save you lots of time and money. Not only will you be able to compare the rates of interest from different financial institutions and banks but will also be able to save some cash through the use of free applications and free car loan calculators. For the most part, a car loan rate through an auto financing specialist are a lot lower when compared to the rates that you would receive from an off line car dealership, bank, of even finance companies. The annual interest rates tend to be lower and you end up having enough time to choose the best possible deal because once you end up being approved your loan would be locked in for at least sixty days.

Most car loans through car finance specialists are approved very quickly, some even within an hour during business days. The market itself is controlled by some very well known companies, so you can be certain that there are no actual hidden fees or poor credit scams and no pre-payment penalties like you will find at some of your local car dealerships. Once you car loan is approved you would then get a check from the loan company via mail. If you wished, you could apply for a car loan today and be able to drive your new car home as soon as tomorrow.

In that event that you have a poor credit score, there are a lot of online loan finance specialists out there that can help you finance the car of your dreams. There are most always ways to be approved for a vehicle loan and they will help you achieve this.

Most financial institutions will offer you a wide range of car financing deals, from new or used car loans to motorcycle financing, car refinancing, and even a lease buyout. These types of companies tend to provide auto loans that are one to two percentage points lower when compared to the national bank averages.

Another point of interest is that most of these companies will provide you with additional tools and recourses. Some of them tend to have finance tools available that you can use for free. Some will allow you to research for car prices, specifications, and will even provide you with product reviews.

So why take the time to apply for a car loan online through an auto finance specialist? Well, it’s simple, fast, and it can work for you!

How to Finance a Bus Company

Starting a motor coach company requires funding to purchase the buses and pay for expenses until the company can make enough money on its own to meet its costs. Among the expenses of a bus company are bus repairs, equipment, buying a bus, fuel and hiring professional drivers. The company will require at least two buses at first, usually one small bus and a larger motor coach. Obtaining the right amount of financing is an important part of getting the bus company up and running.

A new bus company needs financing to fuel a good start.

Instructions

  1. Write a business plan. An estimated plan of action should include information about the bus company, the number of employees, the cost of operation and expected income. Research consumer demand for tour buses or luxury buses. Motor-coach services usually charge more than do public-transportation operations. Typically, a business plan’s estimate covers a five-year period. A business plan is necessary for financing because it shows prospective financiers, banks or investors the likelihood that the business will succeed.
  2. Determine minimum funding necessary for the company start-up. The seed money should provide for the purchase of buses and gasoline, insurance that covers the bus and passengers and the cost of hiring bus drivers as well as meeting government-required fees.
  3. Apply for small-business grants or loans. Grants obtained through state, city or private sources are free money the business does not have to pay back. Motor Coach Mania lists several bus-financing companies that offer lending options, including Advantage Funding, A-Z Resources and Buckman-Mitchell Inc.

Current Status In Iraq

The Iraq war is a conflict between the United States of America and Iraq. In the year 2003, during the month of March, the United States army invaded Iraq. The main reason and cause for the Iraq war was Iraq’s development of weapons of mass destruction. The Iraqis supposedly were working on developing nuclear weapons, which was creating a threat to the security of the United States of America.

It was during the year 2003 that the president of the United States of America thought that waiting longer could create a nuisance and hence the invasion was planned .

The main cause of the war in Iraq was the information that the US got regarding the development of the weapon of mass destruction in Iraq. However, contrary to the information, the Iraq was not found to hold any such weapons.

There are a number of claims made by the US intelligence and its officials that say that the United states invasion of Iraq was due to the contacts that the US though, Saddam Hussein had with Al Quadi, which is a major terrorist activity group. Other officials said that under Saddam’s rule human rights were not respected in Iraq. All these claims were put up by the US Officials to support the war between Iraq and the United States of America.

Moreover, Iraq was limiting oil it supplied to other countries from being used in the military services.

The fact that Iraq was going to start an Oil Bourse excluding the US dollar did not help any.

As far as the claims are concerned, none of the claims were true. It is interesting to know that on 20 March 2003 the US army along with the army officials of UK and some other allies invaded the Iraq. The invasion was made to get rid of Saddam Hussein’s rule in Iraq. The US army and the armies of the other allies of US were successful in defeating the army lead by Saddam Hussein in a very short span of time. Iraq was occupied and conquered by the US army, and for a short time, a small coalition government was found to have the situation under control. However, the coalition government was unable to maintain order. This led the Iraqi Insurgents to take up war with the US.

Most of the members of the coalition government decided to withdraw from the government and this led to failure. There are scant details of the causes leading to the invasion, and there are a large number of discrepancies and uncertainty related to this topic. Moreover, the consequences are also not clearly visible and still remain a mystery.

There are no official reports or statements that the US could provide to support the war, and its invasion in Iraq. This war has made a large number of people suffer, as there were a number of causalities have been reported in Iraq, as well as the United States military.

Automatic login a website

Automated login to websites is the very attractive opportunity for a modern man who uses Internet actively. Having infinitely many web accounts, unique passwords and logins we spend so much time filling our login information in the web forms. Let’s say, I have ten accounts on different websites. The average length of my login is 9 symbols, of password – 10 symbols. When I enter the website, I spend about 15 seconds on remembering the information I need to type and about half a second to type a single symbol. Thus, to login all my ten accounts, I’ll spend about 5 minutes! Of course, 5 minutes is not a scary number, but think of it: it’s the time I spend not on the internet surfing, I spend it on bare typing the information. And what is it, if I have 20 accounts? Not to mention that when you have a large amount of web accounts and strong passwords, you can plainly forget your information.

Today we are offered to auto login websites where we have accounts. We can do it by using a password saver built in many browsers – Mozilla Firefox, Opera, Google Chrome, Internet Explorer. When you fill the login form, the browser asks you if the information should be saved. When you say “yes”, next time you enter the site, you won’t have to type your information. This method can’t be called secure as the passwords are stored openly, without any protection, and anyone who uses the same computer can access them.

If you can create a script or a program to auto login websites, you obviously don’t need to read this article. And if you can’t or don’t want to spend time on it, you can take advantage of special software designed for effective password management.

Such programs save your passwords and login websites automatically just as built-in browsers’ password savers do. But what’s very advantageous – these programs don’t keep this information without protection. Commonly, password managers encrypt login data and protect it with the only password to remember.

Many password managers have a wide set of additional functions: bookmark manager, working as a toolbar for a browser, random password generator. These options provides comfort and security to your internet surfing. All your information are securely saved and you can easily auto login your favorite websites.

Internal Rate of Return: Understanding the Difference Between IRR, MIRR and FMRR

Internal rate of return (IRR), modified internal rate of return (MIRR), and financial management rate of return (FMRR) are three returns used to measure the profitability of investment property. Each method arrives at a percentage rate based upon an initial investment amount and future cash flows, and in each case (of course) the higher the better, but the procedure for making the calculation varies significantly as do the results.

By definition, internal rate of return is the discount rate at which the present value of all future cash flows is exactly equal to the initial capital investment. To make the calculation, negative cash flows are discounted at the same rate (i.e., the IRR) as positive cash flows.

Let’s consider the following investment with the initial investment as CF0 (always a negative number because it is cash outflow) and subsequent cash flows as CF1, CF2, etc., with some negative and some positive.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

IRR = 30%

Seems all well and good, but the problem here is that the calculation assumes that the cash generated during an investment will be reinvested at the rate calculated by the IRR, which may be unrealistically high and therefore will overstate the return on initial investment. Likewise, since negative cash flows are also discounted at the IRR, if that rate is fairly high, the investor might not accurately estimate the cash required to meet those future negative cash flows.

To deal with this shortcoming many real estate analysts use a method known as MIRR (i.e., modified internal rate of return). In this approach, the assumption is that positive cash flows the investment generates during its life can be reinvested and earns interest at a “reinvestment rate”, and negative cash flows must be financed at a “finance rate” during the life of the investment. In other words, rather than simply using one rate (i.e., IRR) to deal with both negative and positive cash flows, MIRR introduces the option to use two different rates.

By applying a finance rate of 5% and a reinvestment rate of 10% here’s the result using the same investment criteria as we did earlier.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

MIRR = 18.75%

Okay, then along came the financial management rate of return (or FMRR). Though it also provides two separate rates to deal with negative and positive cash flows known as the “safe rate” and “reinvestment rate”, FMRR takes it a step further. The assumption here is that where possible, all future outflows are removed by using prior inflows. In other words, negative cash flows are discounted back at the safe rate and are either reduced or eliminate by any positive cash flow that it encounters. The remaining positive cash flows are compounded forward at the reinvestment rate.

We’ll apply a safe rate of 5% and a reinvestment rate of 10% to our investment criteria to show you the result. But this time we’ll also include a table to show you the adjusted cash flows.

CF0 -10,000
CF1 -100,000
CF2 50,000
CF3 -60,000
CF4 50,000
CF5 249,300

CF0 -111,717
CF1 0
CF2 0
CF3 0
CF4 0
CF5 304,300

FMRR = 22.19%

The financial management rate of return is difficult to compute, which is why most real estate investment software solutions opt for the modified internal rate of return (MIRR) calculation. But after learning about it from CCIM, I considered it a beneficial return for real estate investment analysis, so I included FMRR my ProAPOD real estate investment software as well as my ProAPOD mortgage calculator software. To learn more please visit the link provided below.

Will A Credit Cards Comparison Of New EU Rules On Interchange Fee Favour Amex Premium Credit Cards?

EU rules targeting the interchange fee on premium credit cards have most rewards card lenders worried – everyone, except, maybe American Express (Amex). The new rules do not apply to all of Amex premium cards and even those that are impacted typically charge higher fees to the merchant to be accepted into the network in the first place. The charge card will often show up as a top pick for travellers and business people who want to have a rewards card that can offer a good network and a large variety of travel rewards, from worldwide comprehensive travel insurance to points for redeemable for gifts, travel, and entertainment. Will this card get an unfair advantage over other premium cards that will have to abide by a proposed cap on interchange fees thus limiting what they can offer? Initially, they may actually be one of the few ‘safe’ options out there, but that will surely change as they have to be as competitive with other lenders to keep operating a profitable business that attracts people to their credit offerings.

The answer could be ‘yes’

If the proposal to limit the interchange fees applied to premium credit cards hit lenders, they will probably react by reducing the amount of rewards they offer on most cards. They may downgrade points or increase the amount of Avios necessary to collect a round-trip ticket. They might even decide to impose foreign transaction fees on those that currently do not do that to replace the lost fees. Either way, the money to support the rewards will have to come from somewhere or the lenders will have to revamp their programs. This could make the Amex cards, even though they are only charge and not credit cards more appealing to travellers still looking for generous travel reward cards as they aren’t directly impacted by the new regulations. However, just because the new rules may not apply to them does not mean they won’t be affected as other creditors take steps to comply with the capping of the interchange fee.

Or, it could be ‘no’

However, don’t believe that Amex is immune to what goes on in the marketplace. For one, if merchants are upset about paying interchange fees and instigated this regulation to reduce them, there’s no guarantee they will continue to take Amex’s higher fees to be on their network, too. They may just decide to leave the network entirely, thus reducing the number of places a consumer can use the Amex card when travelling. Even if they keep them in their network, Amex may be forced to reduce their fees to remain competitive in the marketplace as consumers seek online through credit cards comparison sites. They may even reason that if they don’t do it now on a voluntary basis and in the manner that they want to see to happen, then the regulatory engine may target them next for financial reform. Thus, they may also end up having to reduce their rewards program in line with the type of fees the new market will support.

What about ‘maybe’?

It’s still possible that credit card issuers come up with a scheme of their own to save a lucrative rewards system from crumbling for lack of fees. The customers who get a variety of credit cards enjoy the air mile and point schemes and would be very unhappy to see them go. They also have served as a valuable incentive to promote spending in the economy, which helps to keep the economic engine humming and business strong in the credit card industry. Don’t assume that premium rewards cards are going the way of the dinosaur just yet. For one thing, the top tier premium rewards cards will never go away and will always continue to offer rewards that distinguish them from regular credit cards. Maybe the annual fees will go up and maybe the rewards structure will change dramatically, but it’s not likely they will want to eliminate a program that has been profitable for many years and highly popular with credit card holders. Even so, consumers who hold current rewards cards may want to think twice before closing accounts as there may end up being fewer good offers on the market later on, depending on whether the proposal passes or not.

Laura understands that there are different credit cards to suit the needs and lifestyles of different consumers. To learn more about premium credit cards visit uswitch.com/credit-cards/premium-credit-cards/ and discover if this is something that would benefit your lifestyle.

Audi Finance: Learn How To Buy Your Dream Prestige Audi Car on Best Rate Finance

If you’re currently looking to buy a prestige Audi, BMW or Mercedes, you might want to consider a few practical tips to make sure you’re purchase goes through simply, and at the best possible price.

Now, if you’re going to be paying cash to buy your Audi, BMW or Mercedes, you might want to rethink your choice, why tie up your cash when you can just finance your Audi, BMW or Mercedes with rates as low as 5%.

Worried about all the paperwork and fuss, don’t be, with my simple tips to Audi finance, I will guide you through the do’s and don’ts of applying for prestige car finance so that your application goes through quickly and with no fuss at all.

Okay so before you start, the first thing you need to evaluate is your current financial position, are you financially independent, for example do you work for yourself or are you a high net worth individual. The better your financial position, the more likely you are to secure Audi finance. In fact, there are even lenders who specialise in Audi finance for high net worth individuals and are therefore able to secure the best rates on the market exclusively for self-employed and high net worth individuals.

The second tip is to go through your finances, your income and expenditure, to decide what monthly instalments you are comfortable with paying each month. Again, you should consider that if you are stretching yourself to secure your Audi finance then you may not be able to get finance on your Audi as lenders consider you to be too risky, or they may charge you extortionate interest rates to cover the risk of lending to you.

The third tip is to establish your credit worthiness, in other words what is your credit score like and do you have any defaults, arrears, CCJ’s or prior bankruptcies. The better your credit score then the more likely you are to find Audi finance deals at the best interest rates and with the most favourable terms. As before, the reason for this is that lenders do not want to offer finance to applicants they consider to be unreliable. In some cases you may have to clear outstanding finance or loan agreements to get your Audi finance.

If you are struggling to get the best prestige car finance you can offer to put down a larger down payment on your Audi finance, this could help you get the best deal or lower your interest rate.

Unless you want to put down your hard earned cash to get your prestige car like an Audi, BMW or Mercedes, which you probably would not want to do because the cash can be better invested elsewhere, than securing an Audi finance loan will be probably be the best route for you. With the simple tips presented in this article you should now be able to find your prestige car finance with no fuss or hassle.