Rules on foreclosures vary from one state to another but the processes and transactions are basically the same. The process of foreclosure begins whenever homeowners fail to make payments on their mortgages. Once this happens, the bank informs the homeowner as well as the local government that there is a delinquent loan. There is a period of time that the bank must wait for payment after which they will be able to begin the process of...more
Businesses will need to borrow a loan during certain periods for its life span, such as to purchase new equipments, expand the operation, to repay another loan, or to acquire another business. To acquire a loan, you usually will go to a bank or loan company for your capital needs. There are a few things you will need to consider like we discuss in this article.Typically, bankers require a personal guaranty when you are securing a commercial loan,...more
"Having gained global confidence in Software Development services, Indias natural progress towards developing cutting-edge high-end technology products is seeing it gain global acceptance and familiarity in its R&D Offshoring Services."India, the favored destination for outsourcing of software development, is now powering her way towards becoming the most favored destination for offshore outsourcing of R&D as well. According to Zinnov, an offshoring advisory firm, offshoring R&D to India is a US$9.35 billion industry and is expected to witness a growth of 23 percent by 2012 to become a US$21.4 billion industry. The three focus areas of this industry being Software Product Development, Engineering Services and Embedded Systems.Although it was the call centers and other low-end services that ignited the outsourcing boom in India, she has made rapid strides since and has quickly moved up the value chain. Today, several global technology companies are offsetting the shortage of highly skilled resources back home by leveraging Indias high intellectual caliber to enhance its R&D capabilities. The outcome is for all to see, with several of todays high-tech products, be it advanced...more
Those entering the world of retailing soon find it can be fun, challenging and rewarding all at the same time. There are so many different things tugging you in every direction. There are so many tasks to be completed and so little time. It is very easy to put off the less desirable tasks in favor of the more enjoyable duties. One of the less...more
In todays tough economic times retailers are really stuck in a difficult position. On the one hand they must face a marketplace where shoppers are definitely less willing to part with their hard earned money. This behavior is reinforced as almost everywhere you look there is another economic doom and gloom statistic or report. On the other hand...more
The cruel reality when your own a dollar store is the margins are extremely tight. If you are to create dollar store profits you must be a good business person. You must understand how to manage inventory. You must know how to purchase wisely. You must know the drivers to increase dollar store profits. For example, it is a mistake to waste time and effort on actions that return a few dollars in cost reduction rather than actions that can yield thousands. In this article I address some of the key actions to deal with the tight margins that are a part of the business.#1) Inventory management is critical to success if you own a dollar store. Inventory management involves so many pieces. There is the management of order sizes. There is the management of existing inventory levels. There is the management of inventory down to the individual item stock number. Learn all about inventory turns, and then manage your business to maximize them. #2) Drive out cost at every opportunity. Building dollar store profits takes a laser focused effort on cost reduction. Once you meet one set of cost goals, establish new, even more aggressive goals and a plan for achieving the latest reductions. Start...more
Starting your own new business has many challenges, especially when its a dollar store. There are questions about the right format, which location is best, how big does the store need to be, what is the right time of year to open, where to find the...more
Starting your own business is filled with risks, challenges and unexpected problems. Yet for those who take action and actually start there own business there is the potential for so many rewards. Theres the pride of ownership. Theres the freedom...more
Despite the worsening conditions of our economy, quick-thinking individuals still manage to find success in opening niche, but profitable businesses. These businesses prove not only to be very financially rewarding, but they also have the ability to...more
Sounds too good to be true doesnt it? Believe me its not. I know firsthand its my real life story and now I coach other people to hit goals they never dreamed possible! Herere the facts: In less than a year I went from 0 (actually less than...more
Due diligence is an essential step in real estate investment. After selecting the property type and geographic location, the investor needs to ascertain he has accurate information regarding the physical asset, financial performance, tenant base and...more
Truly Great Leaders expect maximum productivity from everyone!In High Performance Teams absenteeism is very low, productivity is high, and people are busy doing what they should be doing to contribute, they are entirely relaxed about the leader and...more