finance

Buying any type of used car is always a bit of risk. When looking for a second hand Audi Quattro this is no exception. After all there is no guarantee that the car is all the seller claims it to be. However when using the internet you can cut down the risks some, for instance you can get a car data check. This will at least let you know whenever the car has any outstanding finance on it, if it has been written off or if it was reported stolen.

You can also follow a few safety rules to ensure that your search for a second hand car goes as smooth as possible. You also need to give certain factors some consideration such as insurance, the cost of running the car and where you will get the finance to buy it.

It goes without saying that a test drive is needed and this should be additional on different road surfaces and in different situations such as on the motorway and small side streets. Always go for the test drive during daylight hours and this way you will be able to give the car a good inspection. The inspection should include the bodywork, engine and all exterior including the paintwork and testing the lights. You also need to go over the cars interior paying attention to electric windows, the dashboard, electrical equipment on the dash and the seating. Always insist on seeing the paperwork for the car and the service history of it, a seller should never have any qualms about giving you this to check over.

Of course a little background history of the Quattro never goes amiss and can tell you a lot about your choice of car and how well it might service your needs.

The first thing you should know about the Quattro is that it is a four wheel drive. The four wheel drive from Audi was first shown to the world over 25 years ago and its popularity just kept on growing. In the 1980s it was the first road car to be mass produced that had four wheel drive and also an engine that was turbocharged. It was the highlight of the Geneva motor show in 19080 where it was presented as the first ever sports car for the road to feature permanent all wheel drive. The road holding capacity of the car was untouched and even by today's standards it takes some beating.

The Audi Quattro was the brainchild of Ferdinand Piech back in 1977. The very first test car was red in color and 2 doors, an Audi 80 that came with just the test name of A1. It was not until March 1981 that the Quattro car first came to the United Kingdom when 163 cars were shipped in. It was not until much later that this all changed and it became Audis best export. Over time many slight changes and improvements have been made to the car which all went …

For those OFW’s and foreigners wishing to start a business, but not wishing to involve themselves with the stress of a business involving day-to-day operations, employees, landlords, inventory, and so forth, there are several available opportunities for foreigners living in the Philippines. Buy fixer upper properties, improve them, then rent or sell them.

1. Buy Fixer Upper Properties, Improve Them, Then Rent or Sell Them. This is a great business for those of you who have experience in your home country in buying, fixing up and renting or selling properties. Over the past 10 years, a lot of people got involved in this kind of business in their homeland.

With the overall economic problems in the world the past couple of years, the Philippines has not been immune, and there are a lot of properties in a state of disrepair, as well as lot of distressed and foreclosed properties.

2. Build An Apartelle. An Apartelle is an apartment building where all but one of the units are rented out long term, and you are left to operate on a nightly or weekly basis, like a hotel – hence the combined name of apartelle. These are common in the Philippines.

This business will require a heavier capital investment, yet with the right property and by focusing in the more rural areas or smaller cities, you can construct a small 4 unit apartment building for Peso 3,000,000 – not counting cost of the land.

You would want to rent out 3 units on a long term rental basis, and keep one for short term rentals – for the many traveling salesmen that frequent the countryside. They like booking into such short term apartelle units rather than the much more expensive hotels in the area.

3. Condotels. I have not given this business my “thumbs up” in all instances. Condotels have been heavily touted and promoted the past several years and there have been many, many new condominiums built in Manila, and now even in Cebu and starting in Davao.

The problem is that although the developers offer great down payment terms (usually around 30% down financed over 3 years) and in some cases carry back the mortgage and finance for perhaps 10 years, the interest rates are incredibly high, and the split of rentals with the management team runs around 50%/50%. There is also always a nominal monthly maintenance fee.

What looks like “cheap” entry point and cash flow out each month, in many cases simply becomes a bet on long term property appreciation – finding someone willing to pay you more for it than you paid for it.

This is because with all the inventory on hand, there is a surplus of condos which have been into hotel type rental pools, but not enough visitors to rent them all.

Consequently, what an investor thought would be a good positive cash cow, turns out to be a continuous negative cash flow – not what a new retiree to the Philippines is looking …

A small step of applying for an online business loan uk can inch you closer to your business expansion!

Make the best use of an online business loan uk to improve your day to day cash flow and enhance your business in the long run. Only a uk business loan can meet your needs for setting up a new business firm or expand an old one in UK.

A UK borrower can seek out for online secured business loan uk to start a new business or to grow an established business, online uk business specialists will work with you to find the right business loan for your specific needs. A new business loan would be the right one for you, be it to start off a fresh in your business OR move to a new business location, then a new online business loan uk would be the right one for you.

Different options available to an online business loan uk borrower looking out to fund business requirements are as follows:

Small online business loan uk

New online business loan uk

Business online startup loan uk

Secured online business loan uk

Unsecured online business loan uk

A small online business loan uk caters a borrower looking out for small business finance to fund his smaller business requirements. One can be easily approved for such an online business loan uk even without a collateral as it calls for a smaller loan amount.

New online business loan uk caters a borrower hunting for a fresh start in his business it could be on a smaller scale or a bigger scale, a secured one or an unsecured one. Move to a new business location with new online loan for business.

Secured online business loan uk helps a uk homeowner to fund his huge business loan requirements. It is the security that holds the key to your cheap loan rates and offers 100% loan approval with a loan backed with security.

Unsecured online business loan uk enables a uk borrower to raise business finance in the absence of a collateral. It is rightly designed to help the uk tenant looking out for immediate business finance. As there is no collateral attached a tenant takes no risk of losing out any asset. Your business loans are made instantly to you as there’s no verification of collateral carried out.

Run your business plans smoothly with online business loans uk regardless of your bad credits, ccj or mortgage defaults. Good or bad credit, online business loans uk are still made to you however it would affect your online business loan uk rates. A request for a free online quote from lenders online can help you compare the business loan rates across all uk competitors and helps make a sound decision which is a first step towards your growth in business.…

Speed ​​matters. It can be the difference between winning the Indy 500, catching tonight's dinner, or making a profit on a real estate fix and flip project. Many real estate investors turn to hard money loans to finance the purchase and renovation of rehab properties, and the need for speed is one of the chief reasons why.

How can you "win the race" in the real estate renovation world?

Renovation projects are extremely time-sensitive, and require funding sources that can respond quickly. Here's why:

· Quickest Money Gets the Deal: In a high-density area like Washington DC, the competition for suitable fix and flip properties is intense. When foreclosed, abandoned or dilapidated housing stock comes onto the market, it's often the developer with the quickest access to funding that snaps up the property. If you can not arrange funding within a couple of days, you might miss a great deal.

TIP: The US Department of Housing and Urban Development's website has a portal that lists all foreclosed properties in the country. Check it out to see what's available near you.

· Timing your Sale : In most areas, the optimum time to sell a fixer-upper is constrained to a multiple-month buying season, usually starting in early spring. This means you ideally time your purchase and the completion of rehab to coincide with the selling season. A speedy private loan, available as soon as you need it, is the key to proper timing of your rehab project. A recent Zillow study puts the magic window to sell between mid-March and mid-April, depending on variables such as location and weather. Homes sold during this window sold 15 percent faster and for 2% more. That's real money in your pocket.

· Flexibility : Fix and flip or construction loans are often structured with a draw schedule, so that funding is released each time you reach a given benchmark (permitting, framing, etc). This ensures a steady flow of funds throughout the project. However, cost overruns and construction delays can occur, and developers often increase the project scope or timeline after initial funding. Whatever your reason for needing additional funds for your project, waiting for a new loan can slow the project down. Hard-money loans can be structured to include multiple phases, drawing on phase two or three only if needed, and money can be disbursed as quickly as the same day, so that there should not be any interruption to your project. …

What Is Auto Insurance?

Auto insurance is a product that is purchased and also that can pay for damages to your vehicle or others' vehicles in the event of a car accident or non-accident related harm. Each state has its laws regarding the amount of car insurance that each person should have to be able to drive legally. Many different factors influence auto insurance rates, as well. It does not even base on various companies; It is up to the insurance industry to determine what car insurance is and how much each person will pay for auto coverage.

What is car insurance? It seems like a very fundamental question. However, there are many different facets and elements to consider about car insurance that it can get complicated very fast if you're not prepared for what you're getting in. You need to know how rates are more calculated what types of coverage are available, how much coverage you need or can get, and which companies offer the best auto insurance for your needs.

What Does Auto Insurance Cover?

Auto insurance is used to protect you the individual or a business or organization from financial loss in regards to a motor vehicle. Financial loss can happen due to many reasons, and having auto insurance can cover your losses in a variety of ways.

Liability for Property Damages

Responsibility for property damages is coverage against damage you or a person driving your vehicle with your permission does to someone else's property. Costs can include the other vehicle, utility poles, fines, buildings, homes, businesses, or almost any type of structure your car comes into touching.

Collision

Collision coverage usually protects your vehicle from damages resulting from an accident with another vehicle, pothole, car flipping over, etc. Collision coverage will pay for repairing your vehicle, or if your vehicle has damaged the accident, it will refund you for the value of the car subtracting deductible and in many cases other costs.

AUTO INSURANCE IN THE USA

Auto insurance is a necessity, and this is amply evident from the fact that all states of the USA have made it mandatory to have car insurance on all vehicles. Most of the time, this appears to be aothersome exercise, but why to wait until you get involved in an accident to find out how taking an auto cover takes care of your assets and you. High medical expenses and lawsuits judgments on the rise make it worthwhile to protect yourself and your precious vehicle with car insurance.

Furthermore, all jurisdictions have made it compulsory to have two auto insurance systems – the no-fault system, and the Tort system. The former type of insurance favor in most states dictates that your insurance carrier will pay the damages claims no matter who caused the accident in reality. The amount payable is up to a specified limit, and if you are involved in an accident, your carrier is liable to pay for the injury. As against this, the Tort system the …

America is a land of opportunity. According to the United States Census Bureau, recent data indicates over six million new businesses were created in 2003, the latest year for which data is available. It appears that for every business that was created another business met its demise. Does this mean these business enterprises failed?

Not necessarily. The United States Census Bureau records closures of companies with employees, but they do not look further into the specific circumstances for the closure. When a business closes its doors, there can be many reasons for what's statistically a "failure," including a sale or merger, which may actually be a sign of robust financial health or good prospects. When a business closes, it may be because the investors have lost their investments or because they have sold out profitably.

Selling out profitably is known as an exit strategy; it is also known as "cashing out". If you have a business that manufactures or distributes a product that suddenly becomes very popular, you may be presented with a once in a lifetime opportunity. Here are two examples.

An inventor of a device that permits parents to regulate the time that their children can watch television wins Best of show in a commercial competition for innovative products. Commercial interest in purchasing the product is intense, but funds to manufacture are insufficient. Another company manufactures a device that is related to pets. For twenty years they struggle. They pitch it to a "Big Box" store and sign a proposal to test market it in fifty stores; if successful, it will be rolled out to 200 to 300 stores with wholesale purchase orders for $ 1000 per week per store. If the product sales meet expectations, how will the manufacturer afford to pay to produce the immunity quantity of product required?

Both of these situations are in need of a bridge over troubled water called purchase order financing. Purchase order financing can be complicated and complex in details, but the concept is simple.

When a manufacturer or distributor has a large purchase order from a creditworthy customer, a commercial finance company will issue a Letter of Credit to guarantee that a factory producing the product will be paid. When the goods are shipped and delivered to the customer (ie the big box store) the commercial finance company pays the factory. The customer is invoiced for the product. An account receivable is created, which will be paid to the commercial financing company that provided the letter of credit. Purchase order financing is the bridge that makes the deal possible. Accounts receivable financing, or factoring, is the back end financing that guarantees payment to all concerned. This may involve one company on both sides of the transaction, or two companies- a purchase order financing company and an accounts receivable financing company with an intercreditor agreement to contractually obligate all parties to be repaid.

The Free Dictionary defines bridge as a verb, – .to make a bridge across; "bridge a river" …

There comes a time when we start strict considering starting our own businesses. At this point in searching which route to take, we are presented with so many ideas by our own minds, we find Network Marketing opportunities and they prove promising, we also find all this information which promises to make us wealthy.

Some reasons to start your own home business could include:

– Having small children and need some extra income, but do not wish to leave the home to work.
– There may not be any jobs available where you are from.

– Or you may just be sick and tired of working for someone else.

– You may not have adequate transport to take you to work or getting to work would be a difficulty.

Whatever your reasons for wanting to start your own work from home home business, starting your own home business can be the way of securing your long-term financial future. One thing to keep in mind is that this is a risky route, but working for someone else who could easily make you redundant is also risky. So it lets venture on

Now, we desire to start our own business and we will. Whether it is a small business or a large business, what will determine the route you take will depend on your needs. In this article I am more focused on beginning a small home business and growing it larger than a business which you may need large financing for.

We now have two options available to us in starting our own work from home, home business. We can either go and blaze our own route with our own idea for a home business or join a Network Marketing opportunity. There are benefits to be had with both, some benefits why you could choose one other the other are:

::: Your own work from home home business idea :::

– You want full control of every aspect of the business

– You want to do the planning of the business

– You want to create your own product or concept

– You can get finance for your business

– You can invest full time into your home business

– You know how to run a business

::: Join a Network Marketing home business opportunity :::

– You do not know much about business or it is your first time in business

– You want to operate part time

– You want to get started right away

– You want to get started with most minimum of investment

– You want access to something that works and is proven

– You want blueprints and a downline to help you succeed

As you can see with both options of whether you choose a home business or a Network Marketing opportunity for a first home business, it all depends on your current resources. Running your own home business with your own concept, idea or product is a great way to build something big, …

IT / ERP / MRP consulting industry is currently under the transformation. This process is usually happening and comes in parallel with new economic recovery and change in the business paradigm. We'll try to appeal to historical excursion and give some hints on the future trends. In our case we work with such products as Microsoft Business Solutions Great Plains, CRM, Navision, Retail Management System (RMS) and cross integrations between them and non-Microsoft products: Oracle, Lotus Notes Domino, Unix & Java platforms: J2EE, EJB , Bea Weblogic, Websphere, etc. Let's look at the history and the current processes:

O Classical Business Consulting. It was flourishing back in 1950th and had two major schools or directions. It was the time when large businesses were trying to deal with the dilemma of growth and efficiency of internal document workflow. If you remember – in that time computers did not exist and everything was recorded on the paper. Plus it was the need to probe and deploy psychological methods of coordinating headquarters personnel: sales, procurement, finance and accounting departments to work in synch with one another under the condition of paper document workflow

O ERP System of 1960th. This was the time of mainframe and first ERP. If you look at the ERP application, it has GL, AP, AR modules – these are classical and could have tracked back to the 19th century. When you automate Sales Order Processing or Purchase Order Processing – this would be something new and each ERP vendor would be doing it as its own invention. ERP Systems implementation faced the challenge of user experience lack in those days – this is why we see large number of flourishing ERP consulting firms in late 1960th and 1970th.

O ERP with rich functionality 1980th & 1990th. Looking back to 1980th – the typical large and midsize corporation had similarly similar business processes in Sales, Purchasing, Inventory Control, Warehouse Management, Logistics, Shipping & Receiving, Manufacturing, Accounting and Finance departments. When we talk about similarity – we are comparing it to the diversity of late 1990th and 2000th when a lot of new companies grew up and went public. The market conditions of 1980th and early 1990th made it feasible to design the systems with rich functionality. From the ERP side we would name: SAP, Oracle, PeopleSoft, JDEdwards. These systems cost several hundred thousand dollars in software licenses and the implementation of the system requires a comparable budget.

O Business Models Diversification 2000th. If you look at the dot-com boom of late 1990th – you will see that these companies tried to invent their own way of business processes to automate serving their unique business offer to the potential clientele, usually related to the new opportunities of internet marketing & Sales. In the case of these new public (plus small & micro cap) rapid growing companies – business processes were in the turbulent change and the deployment of the system with rich functionality (usually with long implementation cycle) would not be …

Marketing and finance are the cornerstones of a successful business. You might protest and say that, first, you need a good product, but there are countless examples of products that were successful, solely, from marketing, like the pet rock, in the 1970’s. Moreover, marketing is not only the collaborator of finance but is also finance’s coconspirator. Indeed, marketing is more important to the financial industry than finance, itself, something that people outside of the financial industry fail to grasp.

Perception is more important that reality, for what we perceive is real to us. In that regard, from the very bottom of the financial system, money and banks, there is a need to shape perception. Paper money was developed by Italian goldsmiths, in the Middle Ages (actually, China experimented with it as early as circa 900 A.D., but the experiment failed). As gold was, then, the major medium of exchange, people would sometimes need a place for safekeeping, and the goldsmiths kept it for them, in their vaults. In return, gold receipts were issued, and those became accepted as legal tender. Moreover, those same Italian goldsmiths became the first banks and the precursors of modern banking, so-called fractional reserve banking. They discovered that, as keepers of gold and issuers of gold receipts, they always had more gold in their vaults than was needed to redeem receipts to those looking to make withdrawals. Given that, they mad loans by writing more receipts for more gold than they have in their vaults, and that is the essence of modern fractional reserve banking.

In modern banks, most of the money that is deposited is in demand accounts, from which money can be withdrawn at any time. Demand accounts and other restricted savings accounts are on the liability side of the banks’ balance sheets. Then, banks make loans by making book entries into accounts for people borrowing money, and money is created, in the system. Moreover, there is a mismatch in the maturity structure of the assets and liabilities, in that deposit can be withdrawn, almost anytime, while loans, the assets, usually have longer-term maturities. In order to keep this house of cards from crashing down, confidence must be engendered in the depositors, which is tantamount to shaping perception, which is what marketing is. When people lose confidence in a bank, and panic causes a so-called run on the bank, whereby all or a large number of the depositors, all at once, demand that the bank return their money, it can result in bank failure because no fractional-reserve bank could fill all of its depositors’ requests, at once, since, in the normal course of the fractional reserve banking business, banks do not keep a reserve equal to one hundred percent of deposits.

Design also enters the picture, in finance, even at this basic level of banks. Banks offer a safe place to keep your excess cash and to get it out on demand. What actually underlies most banking products are put and call options of …

Planning and Control are the two most important ingredients to a Successful Business. A Business Plan takes most of the guess work out of Business Strategy and Control through solid Financial analysis. Financial Data provides a way to gauge where you are in your Strategic Plan, telling you where changes in your Plan are necessary. Because of this, Financial Data Analysis and Management are vitally important to running a successful business.

It is extremely important to have a suitable Accounting System installed throughout your business so data acquisition is easy. You cannot manage your Business for Profitability without a good Accounting System. My CPA has a bookkeeper who comes out to the business to help install the Accounting System and show us how to work it. All of this is done with the guidance of the CPA but at a fraction of the cost. A good Bookkeeper is invaluable in helping capture Financial Data. Having an established working Accounting System in place will minimize the fees a CPA charges to analyze your tax liability and prepare your tax returns.

An Accounting System is typically built around the following key Financial Management tools:

– Income Statement (Profit & Loss Statement)

– Cash Flow Statement

– Balance Sheet

– Budget

– Breakeven Analysis

By having a Financial Management system in place, you can easily identify early warning signs or spot particularly profitable areas. Not having a system in place to analyze and organize Financial Data makes it impossible to effectively manage, grow and control a business. It makes it impossible to gauge the success (or lack there-of) of your Planning and Strategy. Moreover, used incorrectly, inaccurate Financial Data can be disastrous for a company’s livelihood.

An Accounting and Financial Management System is only as useful as it is used systematically throughout an entire business. It is extremely important to implement the system into the very fabric of the business and be used systematically. The Accounting System is a reflection of the health, or lack thereof, of a business and from which business decisions are made. Make sure to set it up right, train your people on it and most importantly, use it!

Two principal objectives of any business are to be Profitable and have Cash Flow to pay obligations. The Income Statement and Cash Flow Statement figure prominently in this area. The Income Statement represents how well a Company is operating, and the Cash Flow Statement shows how well a business is managing its Cash. Profit or Loss on one side and Liquidity on the other.

The trick is to find a good balance between Profits and Liquidity, which when not well planned for, can be very difficult to maintain. Fast Growth with high profits can drain the liquidity of a business, so being Profitable is no guarantee you’ll stay in business. The role of the existing and projected Cash Flow and Income Statement is to help you identify problems areas so you can effectively plan for them, such as raising more …