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Protecting Your Business

Tuesday, April 26th, 2011

For many small business owners, their business is their livelihood, but it’s alarming that more than one in ten don’t have any understanding of the business insurance coverage they have*.

If a disaster occurred tomorrow and you could no longer trade, would you be confident that your business could get back on track? The best place to start is to consider the kind of insurance covers available to protect your assets.

Typical covers for protecting your physical assets include:

– Fire and other damage- cover for your building and business contents and stock for specified events including fire, storm, explosion and earthquake.

– Accidental damage- cover for accidental loss or damage to your business’s property.

– Burglary- cover for theft of your stock or business equipment following forced and violent entry at your business premises.

– Glass- cover for the replacement costs of broken glass or signage at your business premises.

– Equipment breakdown- cover for the cost of repairing or replacing key mechanical or electrical equipment in the case of sudden or accidental failure which results in physical damage to the equipment.

– Goods in transit- cover for goods in transit for loss or damage caused by collision, fire, derailment or theft.

There is more to business insurance than just protecting physical assets. Public liability claims could run into the millions and it is important to consider what would happen to your income if your business was out of action following a claim.

Other covers available to protect businesses include:

– Business Interruption- helps to ensure that small businesses can survive periods of major trading disruption by covering loss of gross profit or gross rentals caused by an interruption to the business as a result of damage caused by an insured event.

– Public and Products Liability- covers legal liability to third parties for personal injury or damage to property claims caused by an occurrence connected with your business.

– Fraud and Dishonesty- covers loss of money or goods as a result of an act of fraud or dishonesty committed by an employee.

– Money- covers loss of money while kept in your building, in transit or at your private residence.

– Tax Audit- covers the professional fees incurred as a result of a tax audit of your business.

In addition to not having the right type of cover, a common mistake made by some small business owners is renewing their policies every year without accounting for growth in their business or enhancements such as renovations and increased stock levels.

Research suggests that only 63 per cent of small to medium businesses in Australia believe they have adequate insurance.

Article Source: http://www.articlesbase.com/insurance-articles/protecting-your-business-4679395.html

About the Author

Ted Brumby has been running small business for years and understands pretty much the main issues involved to have a great return on investment. He believes that the best way to prevent problems is having business insurance. Ted has enough experience to say what a good public liability insurance cost is and how to choose the right insurance to cover each business needs.

Gas companies listed on the Australian stock exchange — APA group and Arrow energy Ltd

Tuesday, April 26th, 2011

Gas companies listed on the Australian stock exchange include the APA group and Arrow energy Ltd. We’ve reviewed some of the fundamental aspects of their corporate strategy and structure. The existence of these companies indicates the status of the gas market in Australia at both the exploration and development as well as the delivery ends of the market.

Arrow energy Ltd is involved in the undertaking of gas exploration, development and production activities in Australia and Asia. The company has positioned itself as a major parties are in Queensland’s coal seam gas provinces. It also has overseas interests. Arrow energy strategy is to maximise shareholder value by becoming a global coal seam gas company. Arrow energy sector grow upstream production and reserves as well as improved margins through downstream exposure. This has been implemented through Arrow energy’s investment in LNG Ltd and the associated gas supply agreement the proposed LNG facility lets them as well is through building a portfolio of gas-fired power stations. The company is also building overseas business groups targeting 80 P Joules per annum of production and 2500 individuals of approved and probable reserves by 2015. Another key strategies to maintain healthy financial position. In June 2008 the company announced an alliance with Royal Dutch Shell who took a 30% interest in the Australian tenements and a 10% interest in their international operations. This provided immediate cash injection is also access to international experience and resources.

APA group owns and operates over 12,000 km of natural gas pipeline infrastructure throughout Australia with a significant presence in all maintain states and territories. Over 90% of revenue is contracted or regulated. APA transports over 50% of Australia’s natural gas through network of pipelines comprising a mixture of mature, establish pipelines such as member to Sydney and more recently constructed pipelines. APA has made significant acquisitions with Gasquet, the dominant gas transmission pipeline operator in Victoria and all gas energy being a South Australian Queensland gas distributor and Origin Energy networks provider of management and operation services to be touring gas distribution and transmission Company investor as well as a 30% stake in investor and 33% interest in the SCA gas pipeline. The company strategy revolves around the development of Australia’s leading energy transmission and distribution business. There is a commitment to grow the business and to maximise the value of the security holders. Growth is achieved via a three pronged management philosophy being comprised of organic growth within the business, the development of brown fields and greenfield projects and buy outright acquisition. The APA business model is a low-cost, transparent and competitive one with no fee leakage. Financial strategy aimed at increasing annual distributions by at least consumer Price index. A high priority is the development of the gas transmission grid linking the populous eastern states of Australia. The grid would enable seamless tariff to be charged gas supplied through the eastern seaboard which would drive expansion of a competitive gas market in Australia. It would foster an increased competition between gas producers regardless of location of the reserves.

Article Source: http://www.articlesbase.com/investing-articles/gas-companies-listed-on-the-australian-stock-exchange-apa-group-and-arrow-energy-ltd-4676267.html

About the Author

David Coleman engages valuers to assist with business valuation based in Sydney, Australia. If you would like legal advice or tax advice please do not hesitate to click on the links provided here.

Atlantic International Partnership Review – Disaster Could Show as Japan's Stepping Stone to Economic Development

Tuesday, April 26th, 2011

Here at AIP we appreciate that each and every individual investor is a uniquely complex person. It’s our belief in this that has led us develop a widely recognised innovative investment philosophy.  At AIP we believe that our methodology can significantly increase the success of our private clients investments.

A huge tsunami, a 9.0 magnitude earthquake, and a nuclear plant emitting radiation.

 

When some others feel it is seriously awesome to look at a 2012-like scene come about in true lifestyle, most will just appear you inside the eye like you’ve lost your brain and shake their heads in disgust. Consider this earthquake/tsunami happening in some other 3rd world nation, in the event you will. I doubt a creating will remain unscathed. But powerful earthquakes in Japan are nothing new that is why their buildings can stand up to the tremors – but what transpired that Friday afternoon was unprecedented.

 

The good news is, people today have this nature to bounce back rapidly, and wanting back with the background of Japan, it’s no surprise if they’d be up and running wonderful in only a couple of many years. They’ve already been by considerable trauma and destruction through the WWII, (and although it is entirely from a distinctive bring about), their recovery and re-emergence being a world strength deserves a salute.

 

As humanitarian aids and pledges of assistance came pouring days soon after the notorious March 11 (doesn’t it remind you of September 11?) the diploma of harm was unveiled: communities teeming with life had been reduced to a depressing rubble and spots close to the nuclear strength plant all of a sudden grew to become ghost towns as citizens fled to far sites in fear of radiation.

 

These are however living the nightmare of it but being the ever-resilient, disciplined and really civilized Japanese, it’s not very difficult for them to unite and rebuild their nation. (Had it took place to a different nation, you are able to wager on rampant looting and chaos as panic sets in; however the Japanese remained level-headed within the midst of it all.) Maybe that is why regardless of a lot of foreigners wanting to obtain out of Japan rapid, numerous made a decision to stay to assist inside the recovery and would not quit their job there.

 

Undeniably, one of the hardest hit sectors is their economic system. The market evidently suffered a sharp decline while in the height in the radiation concern nevertheless it returned on course around the following several days, albeit steadily.

 

Regardless of what took place to them while in the previous, Japan’s financial system seems to be heading to an additional economic bubble. There’s no doubt that 1000s of enterprises have been hit (instantly or indirectly) through the catastrophe. But shortly they will nonetheless should select up where they left off and begin anew.

 

Inspite of each of the challenges they deal with, Japan can nevertheless appear forward with aspiration. This just could possibly be the chance for his or her politics and financial state (which are both on the stalemate for many decades) to enter a long-overdue progress. The Bank of Japan is supplying to release a stimulus to finance the nation’s street to recovery.

 

With all of the building that could be heading all over while in the near long run, it could get started a growth while in the financial system as lots of individuals will probably be involved in the do the job. Providers will need much more employees to help keep up with the price they really should create a structure, for instance.

 

The truth is, a lot of traders are eyeing Japanese stock market place for any enormous probable to make earnings for them, from the extended run, which is. They are considering the long-term advantage of getting low cost stocks and waiting for the market to rise.

 

The stigma through the Chernobyl incident while in the previous may have triggered an overreaction on the rest of your globe. Constantly checking radiation amounts in their vicinity; advising citizens to pull out from Japan; and banning food products allegedly made up of large levels of radiation. But when the nuclear power plant challenge concluded, these are expected to flip close to.

 

Perhaps, we will count on the fact that Japan’s economic system can bounce back from tragedy and also its people. Then the Land of the Rising Sun can nonetheless look and feel forward to a lively trade.

 

Atlantic International Partnership (AIP) offers a comprehensive service giving you, AIP investors and entrepreneurs access to Marketplaces in your region and around the World.

AIP investors are uniquely dynamic individuals or groups of individuals. AIP investors invest their capital in new or early stage companies. We have found that AIP investors are not a source of capital alone but we have found them to make excellent mentors. As most AIP investors are in fact successful entrepreneurs or business people themselves we have found that they are able to offer entrepreneurs advice and helpful suggestions based on the experience that they have accumulated from their own businesses.

Article Source: http://www.articlesbase.com/banking-articles/atlantic-international-partnership-review-disaster-could-show-as-japans-stepping-stone-to-economic-development-4669873.html

About the Author

Here at AIP we appreciate that each and every individual investor is a uniquely complex person. It’s our belief in this that has led us develop a widely recognised innovative investment philosophy.  At AIP we believe that our methodology can significantly increase the success of our private clients investments.

Managing the home loan process

Tuesday, April 26th, 2011

Once you have determined the type of loan program that suits your needs, the next step for your mortgage professional (MP) is to begin to secure documentation from the borrower and third party entities, coordinating inspections, appraisals, survey’s, etc. In the mortgage industry this is called “home loan process“. We will discuss what exactly is involved in the processing of the loan and break it down in to five sections. Three of which will be covered in this article.

An additional step that your mortgage professional will have taken is to have priced your loan and advise you on whether you should “lock-in” you interest rate. Since pricing and rate lock information are very important aspects of your loan, I will save this topic for another discussion. For the sake of this particular conversation, we will assume that your MP has provided you with a favorable rate, your loan has been locked, and the processing has begun.

Insight: What does a rate lock mean? When a rate is locked, it means that you are committed to that particular rate and you and your MP have the allotted days to close the loan. Your typical lock period is 30 days, but can go up to 45 days and as low as 15 days. Anything over the selected lock period will typically cause your rate to increase. As I mentioned, we will talk more at length about this topic and pricing in the articles to come.

Behind the Scene – On to processing
Now that your loan application has been signed and you have submitted the required documents, your MP begins the processing. Depending on the office set up, some loan officers turn the file over to a processor, someone designated to handle the file from that point on, or out source the processing to a company that specializes in mortgage processing, or they may process the file themselves.

Section 1 – File Submission
Your loan package is submitted to the lender. Here the lender will begin preliminary underwriting. In finance terms, underwriting means that the lender will analyze the credit risk of the borrower. By this time your MP should have requested your financial documents, identification information, supporting documentation regarding your financial stability, and all necessary loan apps and disclosure information related to the loan process. It is important to have all this info ready and submitted to your MP so there is no delay for the lender to review the file.

There are times when underwriters request additional information from the borrower depending on the situation. Since all loans and borrowers are different, the information that is requested, if any, will vary. This is called a condition, and we will discuss this is section three.

Section 2 – Third Party Documentation
In all home loan transactions there is third party involvement that must be coordinated through out the process. These parties include, but are not limited to appraisers, surveyors, insurance agents, Title Company, attorneys, inspectors, etc. These industry partners help with assuring the lender that the property meets the lending criteria. With a typical home loan transaction, all lenders will require this information before the lender will fund the closing of the property. Depending on how your MP organizes their work, and what lenders require at the time of file submission, will determine when these industry partners are contacted.

Section 3 – Conditions
Meeting conditions is another term used in the mortgage industry. A “condition” is a item of information that the underwriter feels they need in order to satisfy the risk level assessments. Conditions will vary. Sometimes there may be a lengthy list of conditions or just one that your MP may have already anticipated, for instance an updated appraisal or bank statement or contract. What ever it is, these conditions must be meet before the underwriter will sign off on the file and move it to the closer. There is much more to cover about conditions, so come back next week so we can finish this topic

Article Source: http://www.articlesbase.com/mortgage-articles/managing-the-home-loan-process-4679313.html

About the Author