A Company Voluntary Arrangement allows a limited company to settle its debts with creditors over a fixed period of time, normally 3-5 years. Once the arrangement is completed, the creditors agree to write off any outstanding debt leaving the company to continue to trade debt free. were introduced into the law in 1986At first glance, a Company Voluntary Arrangement is beneficial for both the company and its creditors. It allows a company which...more
Talking about Germany is talking about history. This country was home of excellent artists like Max Ernst (1891 - 1976). Max Ernst shared his job of painter with other activities. He also was a talented sculptor, graphic artist, and poet. Max was a prolific artist, for this reason, he was considered one of the pioneers of the Dada movement and Surrealism. The paint career of Max Ernst began after he abandoned the University in his natal Cologne...more
With the economic climate as it is currently an increasing number of companies are going into administration. I have spoken to a number of people recently who are employed by businesses where administration is happening or imminent. These people are quite concerned and want to understand what administration is and what it means for their personal situation. If a company is facing Administration it means that there are serious problems affecting its survival. Usually the business will be in a position where it is struggling to pay the people it owes money (its creditors) and there is a risk that they may try to force the company to be closed. In this situation, significant changes will normally be required for the company to survive. It is normally the directors or shareholders who apply for Administration. However, the process could also be initiated by sympathetic creditors who want to see the business work so they have the best possible chance of being paid and many be trading with the business into the future.The legal protection afforded by Administration gives a struggling company normally up to a year of breathing space from its creditors. During this time any legal action...more
Tenants or people that rent property from a property owner or landlord are protected by several laws. While most landlords are honest, hard-working people that want to provide tenants with a safe, clean home in which to live, some are dishonest and more interested in making illegal demands. If you are currently a tenant or considering renting a...more
There are three types of reputation management available today. They are online reputation management, business reputation management and personal reputation management. When a business is doing well or it has to do well, besides many other things, reputation matters a lot. Hence recently reputation management has come into being and many onsite...more
Author: Amit SatiConsidering the fact that complete advertising industry is affected by our economy in one way or another last year. Everyone would imagine that U.S. Small Business Internet Marketing spend will face most challenging time. On the contrary Small Business Advertisers are still very optimistic and the SMB Online Spend is expected to hit more than at least US$ 8 billion in 2010. The total US Interactive marketing Spend in the year 2010 is expected to reach around US$ 30 billion, which is 13% of all ad spend and shows 13% year to year growth also. According to a study about 69 percent of small business advertisers expected that their spending on online advertising for 2010 would be equal to or greater than last year. Among their criteria for selecting advertising opportunities are rates, proximity of the ad vehicle to business prospects, and repeating what they have done in the past. Around 50 percent of small business owners believe online advertising is effective -- a number considerably higher than the rank they gave direct mail (32 percent), yellow pages (28 percent), and newspapers (27 percent). The study also recommends that by 2013, the spending habits of SMBs are...more
Author: Chandan ChaturvediStarting a small business is really the challenging and an exciting venture. Writing a business plan is the very important missions that entrepreneurs should focus on before starting small business. But the entrepreneurs...more
When it comes to salon booth rental agreements and those stylist choosing to enter into the rent a chair or booth rental business model it can be overwhelming at times as to where to start.As a prospective Rent a Chair stylist, it behoves you to take...more
Author: Bob GoldenAs a business owner, one of the things that you have to be familiar with is the various labor laws. Knowledge of this set of laws can ensure that you treat your employees fairly and that you and your business are protected from any...more
Infinite Banking Systems are becoming a trusted vehicle for growing individual wealth. But there are also many practical and beneficial ways to apply the Infinite Banking concept to businesses.Understanding the Infinite Banking SystemThe concept is...more
From the summer to grow, it's time to put thoughts in your pool. If you are not alone, you have several options. You can head to the store and buy what you blow up or set up and keep from 5 to 8 people. Or, you can take a big step. From the land of...more
If you manage to increase employee job satisfaction it is not only going to benefit them, but it will also benefit the business as a whole. Many studies have shown how management strategies that increase employee job satisfaction lead to a more...more