Do you have the right temperament?Starting a small business is one of the most serious decisions that a person can take in life. Positively, it often results in higher income levels than one could achieve as an employee together with the unique buzz of being your own boss but conversely it also can be stressful, will demand longer working hours and will probably reduce your ability to take long holidays. Do you have a definite business idea?The...more
Every since serving a hitch in the military, I have been nagged by the question that's been hanging around leadership since time immemorial: How can some leaders persuade people to believe in them and follow them and other leaders can't? But it wasn't the military that provided me with a framework to answer that question. It was Albert Einstein and his quest for the unified field theory of the universe. Einstein is well known for his special and...more
A Savings Incentive Match Plan for Employees plan, better known as a SIMPLE plan, is an IRA-based retirement plan available to employers with fewer than 100 employees. Under a SIMPLE IRA plan, an employee can contribute a portion of his pay to his SIMPLE IRA account. An employee can make a maximum contribution of $9,000, ($10,500 if age 50 and over), to his SIMPLE IRA account for 2004. You, the employer, are required to make a contribution for every worker who receives $5,000 or more in compensation. You can match up to 3% of the salary for the employees who contribute to their SIMPLE IRA account. You only have to match for those employees who contribute to the plan. In any 2 years out of a 5 year period, after notification to the employees, you may elect a lower matching contribution percentage but not less than 1% of salary. Your business also has the option to select a "non-elective" mandatory company match of 2% of annual salary for every employee. Under the "non-elective" contribution formula, even if an eligible employee doesn't contribute to his SIMPLE IRA, you must still contribute to his account 2% of his salary. Advantages of the SIMPLE IRA Less expensive than a 401(k)...more
Things to take into account at the time to look for feng shui office harmony.At the time to look for feng shui office harmony, there are many important things to consider and to use in order to achieve your search for harmony goal. Through this article we will provide you with some of the most important feng shui office evaluation techniques.The...more
Feng shui coins can allow you, among other things, to increase your income. By keeping three coins tied with a read thread, you would protect your already existing income as well as increase it. According to Chinese traditions, three coins tied that way symbolize prosperity and income protection.By carrying these three tied coins with yourself you...more
A feng shui money tree is an indoor plant used in order to attract prosperity and wealth into any space. The feng shui money tree's botanical name is Pachira, and its care requires the average sun light and watering that any other indoor plant would need. Its height can reach to as much as seven feet while it can reach to be as much as three feet wide.The shape of these plant's leafs represent the five main elements of feng shui, wood, water, earth, fire and metal, and this is what makes the feng shui money tree so symbolic. When an element is missing, or the elements in a space are not balanced, a feng shui money tree would help adding what is missing harmonizing the elements. Since feng shui money trees bring or increase wealth, they are ideal to place near a place where money is kept or near the cash registers in businesses. Prosperity and wealth, as well as elements harmonization should come after placing this plant at those spots. Any other place where money and wealth is needed can be a good place for a feng shui money tree as well.Feng shui money trees can also be strategically placed according to the house areas indicated by the bagua map. The bagua map northwest corner...more
Financial markets provide their participants with the most favorable conditions for purchase/sale of financial instruments they have inside. Their major functions are: guaranteeing liquidity, forming assets prices within establishing proposition and...more
When trying to analyze whether a promotional ad for an investment newsletter or a market timing investment trading system is worthy of investigation, the following questions should be asked:Does the strategy have a track record? Without this you are...more
Did you know that business executives spend about half their time sitting in meetings? In fact, 40 to 50 percent of their working hours are consumed by meetings, according to a study by the Annenberg School of Communications at UCLA and the ...more
Today's competitive marketplace for consulting services is no longer responsive to the marketing strategies that worked in the past. The services you provide should speak volumes about your consulting business. Think about what happens when you hear...more
About a year ago, I had an opportunity to have dinner with the CEO of an engineering startup company in Pennsylvania. As we discussed engineering design matters over Chinese food, he took a few moments to talk about his business philosophy. "As far...more
Too many businesses wait until a crisis occurs before they start to focus on improving their financial management. Often, by that time, it can be too late. By setting aside an hour now to evaluate the strengths and weaknesses of your company's...more