A Vat registration form is required to be submitted by every proprietor of a company or firm reaching the vat threshold limit providing information about the status of the business. This applies whether the firm is solely owned or in a partnership, and also whether the company or firm is registered or not, and it provides your required and necessary details to HMRC. Following vat registration the business which can be self employed or a company...more
When the recession hit, fast and furious, one of my management consultants was quick to remind me: "At high tide, the water covers the rocks, but when the tide goes out, the rocks begin to show." I've done a lot of thinking about that statement, and then I started applying that statement to my clients and their business objectives. During economic downturns, a vast majority of companies go into "bunker mode" to avert crisis; or worse, they...more
To ensure the optimum growth of an organization, it is essential to have an effective workforce planning. The very first thing which the management needs to ensure is that a person is appointed at the right position and for the right job. It is very important that an employee has complete knowledge about his work and enjoys doing the same. If an employee is made to do something which is not his forte, then he would not be able to add much towards the growth of the organization. During the process of workforce planning it is also essential to identify the positive qualities of all the employees. For example, if an employees in a good team player, then he should be made to work in a team and if he has got the leadership qualities and experience, then he should be made the team leader. This ensures that there is no wastage of labor.However, besides proper planning, efficient workforce management is also required to ensure that all the employees are working sincerely and helping the organization to increase the productivity. Maintaining records of attendance and time spent in the office by an employee are two main responsibilities of workforce management. These records are important as...more
We are truly in one of the worst economical disasters of the entire history of man on this planet, and there are a number of reasons for it, lets focus on one for now. Real estate as I am sure most of you know has been on a downward, self destructing cycle of foreclosures and falling values. This is a trend that the fed is trying to stop, and they...more
A fixer upper has been the point of entry for many first time home buyers. There are a lot of good reasons why a fixer upper could be of benefit. It must be noted that fixer uppers do vary. Some need more fixing up than others. The amount and the type of refurbishments could save you money. There can be no doubt that buying a home in need of fixing...more
FHA foreclosures have been steadily rising in the last three years and the number of new homes getting on the selling block keeps coming by the day. A dominant market is taking a new form today and that is FHA foreclosures.Real estate market forces have pushed the price tags of homes down nationwide but the number of FHA foreclosures has continued a sustained increase in rate up to this point. Market analysts are even predicting a new wave of foreclosures. This time, it will hit the prime mortgage sector.At face value, this means more homes priced cheaper will be available for potential homeowners as mortgage lenders are pressed to dispose of FHA foreclosures to ease their liquidity problems. The prospects seem to be attractive for those with sufficient equity.Words of Caution on FHA ForeclosuresBuyers of FHA foreclosures should be wary with their buying of homes from the FHA foreclosure listing. As would be expected, most of the foreclosure homes for sale are results of default of sub-prime mortgage loans. In this case, a lot of these real estate properties have not sufficiently built on its equity from payment of mortgage from the original homeowners. You might end up with a home...more
It is not true that successful entrepreneurs are born that way; in fact, anyone can be a successful entrepreneur. However, there are some specific entrepreneurial traits a person must have to be successful in the field of business. Of course,...more
Don't be such a slob knowing that the management has hired an office cleaning service to clean and maintain the spotlessness of the office. There may be a daily cleaning crew who make sure everything is clean and neat but this doesn't give you the...more
Are you or anyone you know involved in a cult?Don't answer too quickly. It's not as outlandish a question as you might think.It is widely recognized that there are many cult-like organizations all around us, largely operating under the radar. And...more
If you want to know how to succeed in business I would like to suggest that you begin by minding your Ps and Qs.Politeness and consideration of others should be maintained at all times in business. Unfortunately, however, good manners alone are no...more
In the face of this severe, take-no-prisoners economic downturn, far too many organizations are responding in knee-jerk reaction to the thought of holding all but the smallest of meetings. Training budgets are slashed. Employees hunker behind their...more