Last week, I traveled to beautiful San Diego for business and spent the day in a hotel restaurant that overlooked the harbor. With laptop in tow and cell phone in hand, I worked, without hassle.As the sun set, I took a stroll and it occurred to me that technology and the crazy pace of our world has caused us to work 24/7. Life's way too short for that.But, Passive Income holds the answer.Passive Income means that you earn money while you...more
In the first article of this series, I defined fraud, discussed how it can occur in a company, and provided some real-life examples of when and how it has occurred in the corporate world. (To read the first article, visit inlogik.com/12530+0+free-articles.htm.) In this - the second - article, we get down to nuts and bolts; how do you minimize fraud in YOUR company?There are two main steps required to stop fraud in your company: Step 1 - identify...more
I am finally reading "The 8th Habit" by Stephen Covey. It seems to be a great book so far. One of the nice things about this book is that it includes a website that has short videos about some of the topics, so you can watch the video and then go back to the book which makes the learning experience much better. One of the videos makes the comparison of how a leader "manages" his prize hunting dog and his new employee. And after I watched the video, I had to laugh because I have experienced many similar situations in the workplace. The dog is not allowed to go into the water, he must stay on the grass. One day the "leader" drops his hat into the water. His dog immediately jumps into the water and brings the hat back to his master, hoping to receive praise for his efforts. What he gets is a loud voice telling him that he is never to leave the grass.How often do we as leaders forget that we have great people around us that want to take the initiative to help customers or please their manager, but when they act outside of our standard "policies" we jump all over them. As a leader, we need to look at why people do the things they do, and never suppress the initiative and...more
On January 26, 2006 we heard that the U.S. Department of Justice (DoJ) started a preliminary inquiry into SDL's July 2005 acquisition of Trados. We spoke with a person in the DoJ's Anti-Trust Division who told us that they had had come across news of the acquisition and felt they should look into it. At this stage it does not mean...more
Most Americans have a problem with debt; the fact that the average household owes nearly $10,000 on their credit cards makes that pretty clear. And with interest rates and minimum credit card payments rising, consumers are finding their bills harder to pay each month. In years past, those who cannot repay their bills would often resort to filing...more
The government provides loans to those individuals who have low to moderate income for permanent residence in rural areas. To qualify for these government loans is not that hard and the restrictions are small.The Federal agency that provides the loans for housing is: Rural Housing Service, (RHS)Their main objective is to assist very low, low-income, and moderate-income households so that they can get decent, safe, and modest housing as a permanent residence.The types of assistance they provide are "Direct Loans" or "Guaranteed / Insured Loans".Description for Uses and Use Restriction Reads:"Direct and guaranteed loans may be used to buy, build, or improve the applicant's permanent residence. New manufactured homes may be financed when they are on a permanent site, purchased from an approved dealer or contractor, and meet certain other requirements. Under very limited circumstances, homes may be re-financed with direct loans. Dwellings financed must be modest, decent, safe, and sanitary. The value of a home financed with a direct loan may not exceed the area limit. The property must be located in an eligible rural area. Assistance is available in the States, the Commonwealth...more
At tax time, most Americans find themselves expecting a refund. That's no surprise, as most people have too much money withheld from their paychecks. It would be a simple matter to adjust the withholding so that the amount of money withheld is...more
Did you know that it is very likely your company is a victim of fraud? In fact, it's probably happening right now! Fraud takes many forms - some obvious and well known, others subtle and unmarked. This two-part article sheds some light on the...more
What's the thing that seems to always happen every time you are finding it difficult to meet your credit card payments? You get slapped with a penalty fee. These fees or penalties seem to always happen just at the very moment you need them...more
From television commercials to websites to expos and conferences, the call to become an entrepreneur is loud and clear. And it's no surprise. According to the latest research, owning a business has been cited as the number one goal of Americans...more
How often do people try to sell us something before we have expressed an interest, have a desire, or are in the market for what they have? It seems the standard for many salespeople is to try to sell to anyone and everyone regardless of the interest...more
Using sample business plans and their structure, along with studying as many business plan examples as you can, will provide you with the necessary framework to consider your business from every possible angle.Starting or running your business...more