Despite confusion about exit strategies, 47 percent of middle-market business owners 55 years and older are interested in selling their businesses within the next three years, yet over 90 percent of them have not begun the planning process, according to research released today by MidCap Advisors, a leading middle market investment banking firm. Approximately 70 percent of those surveyed indicated they were interested in selling their business to...more
Author: Al HardyFHA Mortgage Streamline Refinance loans are available to homeowners that financed their homes with FHA Loans.First a little history on FHA Refinance Loans. They have been available for a long time, all of the way back to the 1980's. Because of the popularity of FHA Home Loans the FHA Streamline Refinance Program has at least 20% of the home refinance market and it is increasing at a steady rate.The FHA Home Loan Program is very...more
Owning a business that runs itself is one of many ways for easy income, that's why you see commercial ventures being put up everywhere. Statically speaking, the likeliness of you failing is greater than the odds of you succeeding. But nevertheless, many bold individuals take the risk and still manage to make it big anyway. Their purpose for forming such is to make money of course, but what if I told you that putting up a business is one way of repairing your bad credit history? Surprised maybe, but you'd most definitely agree that using such a method would be in some way "unique". Troubled by countless debt problems can be ironically solved by getting a bad credit commercial loan. By availing of such a service, you'll actually be able to alleviate the financial fix you got yourself into, by pooling the bad credit commercial loan you pulled out into a venture of your choice. Regardless of the trade you engage yourself in, this type of service will be made available. Big, medium, or small, they'll be there to cater for all, just as long as you prove to be credible. For whatever business you plan to put up, you're going to have to provide your creditors with a detailed plan of your...more
The Federal Credit Reporting Act ["FCRA"] makes it mandatory for Credit Reporting Agencies such as Experian, Equifax and Trans Union "to follow reasonable procedures to assure maximum possible accuracy of the information in the [consumer's credit] reportÂ…." A willful and negligent failure to do so is violation number 1 of the FCRA. One wonders...more
Quitting your current job to invest full-time in real estate is an important decision. Fear is the biggest road block we put in front of ourselves, even if what we fear will change our circumstances for the better. Unless you are financially able to support yourself for one year while you get started, you'll need to wisely prepare to quit your job...more
The national credit card debt problem, enthusiastically cheered on by the credit card companies, has exploded into a completely out of control catastrophe. Having happily added on every sort of fee that they possibly could - late fees, pre-payment fees, over-limit fees, and so on - they're suddenly surprised and shocked that many credit card holders have fallen behind in their payments.As a matter of fact, the credit card corporations were apparently so surprised by this state of affairs that they charged off over 5% of their debt - billions of dollars - last December. Now, it seems, they're finally getting a taste of their own medicine, as they start to default on their own debt obligations and try to get help from policy makers.Regrettably, although we might feel pleasure at seeing the corporations suffer some, this does not help the millions of credit card holders who have over extended themselves and are scrambling to make payments on their growing credit card bills. So, if you're in credit card debt, what should you go?The first thing you need to do is to face the music and take stock of your current credit card debt situation. Take all of your credit card statements, lay them...more
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,...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...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...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...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...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...more