Wednesday, May 7, 2008

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Thursday, February 28, 2008

PayDayLoanToday Loans: Financial Crack

I am sure that many of you remember what a scourge crack has been to our community. It has destroyed many lives and family. One of the things that made it so dangerous is that it was cheap, easy to get and highly addictive. Are PayDayLoanToday loans the financial equivalent?

I dont believe they are. They are easy to get and highly addictive, but they are certainly not cheap. Many have Annual Percentage rates of over 5000%.

The PayDayLoanToday loan business has seen explosive growth. They are popping up all over the country. It some states they are actually illegal because of the high interest rate. Why in the world would someone pay this outrageous amount?

Many times individual have unexpected emergencies. Unexpected medical bill, car repairs and large bills can just be some of the nasty surprises that may occur. Many people just need a little help until they can get to their next PayDayLoanToday. As long as the person can make the payment by then, it is not a bad deal.

The problem happens when people use these loans for non-emergencies. These could include sales, vacations and other things that dont require immediate attention.

It is then compounded when people then are not able to the full balance due on their loan. When this happens they are offered the ability to extend their loan. Now for the bit of grace they will pay a huge penalty. And with most loans the penalty does not even count toward the principal of the loan.

The way the lender secures the loan is by holding one or more of your personal checks. You do have to have a checking account and a job to qualify for a loan. So not just everyone qualifies.

The problem that most people run into is that most people do not just use it once. They keep extending the loan. Then they go from one place to another. Many people have loans out with more than 5 companies.

The solution is to only use these loans for emergencies and as a last resort. If you do have to use them, make sure to pay them off as quickly as possible. The longer you renew the loan the bigger the hole you will dig yourself

Shawn E. Hill has spent over 15 years in the business and finance industry. Make sure to check out http://www.gotcreditpower.com to get more information about improving your finances!Anthony Robbins Nlp
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Wednesday, February 27, 2008

Essential! Are You Looking for Long-Term Success or a Quick Fix?

It's a pretty regular occurrence for someone to contact me asking a way to earn $10,000 or more over a weekend. And in almost every case where I get these emails, they also tell me their sad story of how they will lose everything if they don't earn that much by Monday.

These emails can be hard on your emotions. You want to help them, but you also know the truth.

The truth is that Internet marketing is a business, not an overnight riches scheme. Is it possible to earn a lot of money quickly online? Of course it is. I've done it many times and my students have done it as well.

Here's a quick formula for success:

1. Find a Hot Product Selling to a Hungry Market.

This is essential. If you don't have a product that people are wanting and literally demanding to buy from someone, you'll have trouble making sales.

You can create the product yourself or you can license it from someone else. Creating a good high quality product will most likely take you longer than a weekend. I have personally written an entire ebook in a weekend, but that was HARD work and meant I did nothing else that weekend.

Licensing the product of course would be quicker, but the key here is to make sure you license something that is still a hot seller. It needs to have good sales materials and be targeted to a group of customers who are HUNGRY for the type of product you're going to sell.

Whether you create it yourself or license it, you have to control the product.

2. Develop Powerful Sales Materials.

You can have the best product in the world and it will die of underexposure. Your sales copy and ads have to be powerful and hit your customer's hot emotional buttons.

I learned this years ago, but it seems most online marketers are still having trouble with it. Your ad has to be written first to your customers emotions...and then to their logic. They don't buy based on logic. They buy based on emotions. Then they justify their decision with logic.

So they buy your product for the "feelings" they get owning it and the fact it pushes them closer to whatever their dreams are. They justify their decision to friends and family based on the logic of how great your product is.

Ask anyone why they bought that Mercedes and see what logical reasons they give you (but you know the real reason is because of how it makes them feel).

If you license a product, it should already come with a powerful sales piece. If you create your own, you'll either have to write a sales letter or pay $5,000+ to have a good copywriter do one for you.

3. Find Joint Venture Partners to Promote It.

This is the key to making money quickly. If you want to earn a good income in a short period of time, you HAVE to do joint ventures. There is no other good way of doing it.

A joint venture is simply finding someone who already has your target customers in their email list or on their customer list. Then you convince them to endorse your product to their list for a share of the profits.

This is why having control of the product you're selling is SO important. If you don't control it, how can you offer someone else 50% to 80% or more of the profits on it. If you're just an affiliate for other people's products, you're limited in your ability to find partners.

Big joint venture partners aren't going to work for 10%, 20%, or even 30% of the money. They want good deals and big profits if they're going to endorse you to their list.

So you have to offer it to them. Here are your options for big money...

Give more than 50% of your profits to someone who has a list of 100,000 targeted subscribers, or take years to build that list and relationship with them (the relationship with the subscribers is what takes time as a list can be built very quickly).

So that's the simple three step plan...

1. Find a Hot Product to a Hungry Market.
2. Develop Powerful Sales Materials.
3. Find Joint Venture Partners to Promote It.

Can the above be done quickly? The answer is yes. I've seen customers do it in 30 days or less. I have NOT seen it done from scratch by a beginner in a weekend.

And I've seen the majority of customers take much longer than 30 days to complete the above steps. So don't get down on yourself if it takes you 6 months or a year to start earning money online.

Ask that McDonald's owner how long it took them to get into profit. They didn't do it the first month, the first year, or even the first few years. It takes them a lot of time, money, and energy to get it producing consistent income above their investment.

Aren't you glad the Internet doesn't have all that overhead? We can do it so much quicker and with less stress. So don't stress yourself out by trying to Get Rich Quick.

If you're looking for a no risk income that you have to earn by a certain date, then get a job. Your employer will be required to pay you on PayDayLoanToday.

If you want a business with unlimited income, then realize it is a business. It takes time. It takes risk. And it takes a serious commitment to run a business.

But the rewards are worth it...

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What Really Matters to You?

As you're on your life's journey, how often do you stop and ask yourself what's really important to you? Now is the time to identify what really matters most in your life and what you really want to be and do.

To begin your journey, start with a clear understanding of where you want to be when your journey is over. You need to know where you're going so that you understand where you are now and what steps will help you get there.

If you want clarity about what really matters to you, here's a great place to start:

Follow your passion - What do you care about most? What fuels your purpose? Allow your passion to take more priority in your life.

Set priorities for your life - Use your time more efficiently and don't waste time on things that aren't important to living your passion, fulfilling your purpose and reaching your goals.

Write out a dream version of your passion - How does it feel? What does it look like? Where would it take you? Once you've written it out, start talking about it, so that it becomes real to you.

Get a move on! - Don't wait until a better time to move toward what you want. There is no better time than now.

© 2006 Joyce M. Averils. All rights reserved.

Want to use this article on your website or your own ezine? No problem! But heres what you MUST include: Joyce M. Averils, is a Life Coach and author of the newly published, A Womans Success Journal - Empowering Words to Inspire Your Dreams which is available at http://www.lulu.com/shesgotpotential. To sign up for her free 21 Days to a New Habit Workbook and how-to articles, visit http://www.shesgotpotential.com/resources.htm.

Joyce M. Averils, is a Life Coach and author of the newly published, A Womans Success Journal - Empowering Words to Inspire Your Dreams which is available at http://www.lulu.com/shesgotpotential. To sign up for her free 21 Days to a New Habit Workbook and how-to articles, visit http://www.shesgotpotential.com/resources.htm or send email to joyce@shesgotpotential.comSelf Hypnosis Memory Improvement
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Tuesday, February 26, 2008

Mediation Losing Its Effectiveness: Lack of Diverse Mediators

Diversity happens when it has a positive impact on the bottom line. This was the overall consensus of representative corporations and law firms this past year at an ABA Dispute Resolution Section Diversity Forum. Mediation is losing its effectiveness because mediation panels are not diverse and do not reflect the gender and race of their employees.

The corporate panel, who was represented by corporate counsel from Cingular Wireless and T-Mobile and employee internal dispute resolution directors from Coca Cola Enterprises and Shell, agreed that awareness needs to be raised and that the profession needs to become more diverse. The lack of diversity is problematic in the employment arena. Corporations are finding that mediation is losing its effectiveness and they are losing their credibility with employees when they can only offer a homogenous group of neutrals to resolve workplace disputes. Corporations have an immediate need for Diverse ADR neutrals and the national ADR providers they use are not delivering a diverse panel.

Shell, which has an employee internal dispute resolution program 'RESOLVE', is not comfortable with just raising awareness. Shell is taking affirmative steps to make sure that it can choose neutrals from a diverse ADR panel. Shell is committed to the economic development of minority and women owned suppliers and actively engages in efforts to provide for inclusion by partnering with certified firms. Several years ago, Shell Oil Company was one of the first corporations to carry the torch and ask its majority law firms to demonstrate a commitment to diversity. Many firms can attest to the fact that a failure to demonstrate a commitment to diversity would jeopardize their relationship with Shell. Once again Shell has come to the forefront by introducing supplier diversity to the ADR profession and announced that Shell will extend business opportunities to certified minority and women ADR neutrals. These efforts, coined as "second tier" allow Shell to influence prime or majority ADR firms, with whom they do business, to also contract with minority and women owned ADR firms within the business community. Shell's message is driven by contract language and sharing information on benefits of engaging a more representative group of suppliers. In the upcoming months Shell will be targeting prime firms that provide ADR services to participate in second tier efforts. Shell astutely recognizes that by embracing the concept of inclusion, the company will rise to a higher level, reflecting its belief that it "will benefit from diversity through better relationships with customers, suppliers, partners, employees, government and other stakeholders, with positive impact on the bottom line."

Law firms agreed that law firm Diversity initiatives did not gain any momentum until corporations made demands that law firms commit to diversity or they would lose the corporation as a client. Diversity in the ADR profession needs to take place, but that it is the economic motivation that will move Diversity forward in the ADR profession. If corporations make demands that law firms use ADR providers that are diverse in mediating or arbitrating their cases, or risk losing business, they will use diverse ADR panels. Unless it affects the bottom line, entities will not be motivated to move forward and embrace diversity in ADR. Shell Oil has taken the step to carry the bottom line torch which will ignite the Diversity fire in the ADR profession.

By Elizabeth A. Moreno, Esq, a Los Angeles employment attorney and mediator, who guides small business through treacherous rivers of employment compliance and litigation that threaten to sink their business. For more information go to http://www.eampc.com or contact morenolaw@eampc.com. Sunshine Health Products
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Monday, February 25, 2008

Corporations and Limited Liability Companies (LLCs): Charging Orders and the Differences in Protection!

I always say that when choosing a business entity, you must evaluate the tax advantages and disadvantages BUT ALSO the level of liability protection. LETS LOOK AT A COMMON TRUTH: Many attorneys recommend the corporation to their clients. For the most part, corporations will provide good protection from traditional liabilities. In other words, if the business is sued for its business activities, then I consider this a traditional liability situation. In most instances (a properly set up and maintained corporation) will protect the owners from personal liability.

Most attorneys (myself included), who stay up-to-date with court precedents and how creditors (and collection attorneys) actually work, will tell you that a multi-member LLC will usually provide enhanced benefits. Here are a few reasons:

1. LESS FORMALITY = LESS MISTAKES: The corporation requires annual meetings and has a number of rules which create a forced management structure. For example, every corporation is made up of a tri-parte management structure (tri-parte means 3 levels). This means that all corporations will have to force or channel operations through this structure of directors, officers, and shareholders. The trouble with small to mid-sized businesses is that the same person or perhaps a handful of people must occupy all of these positions. This can create confusion and more opportunity for error. The limited liability company (LLC) is simpler to operate because state law does force this tri-parte structure upon LLC owners and employees.

LLCs (unlike corporations) are not required to have annual meetings. Although we think LLC meetings are a good idea, you probably wont lose your protection if you forget to have a meeting. These simplicities mean less technicalities and less confusion. It also means that there will be less mistakes available for an attorney to use against you when trying to pierce the entity in order to hold its owners personally liable.

2. CHARGING ORDER PROTECTION: Alright, lets move forward to another VERY IMPORTANT issue. I am going to say that this is perhaps the KEY REASON why an LLC is favored in most situations. The LLC will protect you from business liabilities but it can also protect your business from personal liabilities. DID YOU CATCH THAT? We said the LLC will protect you personally from business liabilities, BUT IT CAN ALSO protect your business from personal liabilities.

Ok, enough word manipulationlets look at a concrete example:

EXAMPLE: Lets say that you are driving and taking your family to the park on a Sunday afternoon. Negligently, you tap someone who is crossing the street and they are slightly injured. The injured person finds a sharp and hungry personal injury attorney who milks the case for every penny. They sue you for $1,000,000 and win. Your insurance pays out the $500,000, but there is still $500,000 owed. What happens next? The answer will depend on whether you have a corporation or LLC.

Did you know that once a judgment is obtained against you, the attorney may pass the case on to a collections specialist (an aggressive attorney who handles collections)? These attorneys are very knowledgeable and may only focus on collections in other words, they know the ropes. This attorney would go to the judge and request a Write of Execution. With this writ they many visit your residence or office (with the local sheriff) and begin seizing personal assets. The problem is the corporate stock shares are personal property. As a result, generally they can seize 100% of corporate stock shares.

Now you may say...Wait a minute, my business was not involved in the accident. I was taking my family to the park on a Sunday. Understand, the creditor is not trying to enter your corporation through the front door, but through the back door! Have you ever heard the expression, He who has the gold makes the rules?. I dont always agree with this, but in this situation, lets say, He who has the stock shares makes the rules. In other words, if the creditor seizes your stock shares they can vote to dissolve or end the corporation. As a result, any assets in the corporation must be distributed to you personally.

Now you may ask, Why would anyone want to break up my corporation?. THE REASON: Once the corporation is dissolved the assets of the corporation will be distributed to you, the owner. GUESS WHAT? Now the collection attorney will have more money to satisfy the rest of the judgment (the $500,000 still owed). Remember we discussed the importance of protecting your business from personal liabilities? The corporation wont do that very well because of this reason: Stock shares are personal property. They can be seized if you have a personal judgment against you.

The same thing can happen if you are doing business in a corporation made up of 2 or more parties. In such an instance, a creditor who obtains enough shares could vote to dissolve the company or they could become a substituted owner. You see, you cant control the actions of all your co-owners all the time. For this reason, there is undue risk when corporations are used (especially if there is more than one owner!).

I am a licensed attorney and attend training conferences each year to keep up with my required hours of continuing legal education. I can tell you that while I love to learn about all the updates and nuisances of setting up companiesI know that the real benefit comes from understanding how collection attorneys work. The goal is to learn what tricks they use to tear companies apart. Believe me, most will foam at the mouth when they learn the business owner is using a corporation. They are not so pleased to learn the business owner is an LLC or other partnership-style entity.

So at this point you may be wondering how the LLC is different. This is a complex issue, but generally we can say that the laws of all states (except Pennsylvania and Nebraska) have included special rules for LLCs which allows them to be protected in this type of situation.

In other words, if we had the same facts in which you hit someone on the way to the park on a Sunday and $500,000 of the judgment was not covered by your insurance, the creditor would generally not be able to gain control of your LLC. The creditor also could not vote to end the LLC, could not force a distribution, and could not break up the LLC. The creditor would be limited to a court order called a charging order.

So what is a charging order? The charging order is a specific court order that first must be granted by the judge. It is a court order which says that if any money is passed on to the owner who was involved in the accident, this money must first go to the creditor until the debt is paid off. The only problem is that the creditor does not have the right to force the LLC to make this payment. This means that the creditor could wait a very long time for such payment to be made. If your LLC is run by parties who are friendly to your situation, they may choose to stop all distributions made to you. State law limits a creditors collection efforts to this charging order. Second, once the creditor obtains the charging order they may have to pay taxes on money that the LLC made, but which was not distributed to you (we call this phantom income).

What does all this mean? Generally it puts you in a much better position if such an event occurs, since it may force the creditor to try to settle the judgment debt or just drop the collection efforts. At the very least it can help keep your business intact. If you were using a corporation the end result would likely be the end of the company. If an LLC was used, managed correctly, and its owners properly reserved this charging order limitation then the result will be quite different.

Here are a few other things to consider: An LLC will need to have more than one member in order to ensure this type of protection. Lets also say that in community property states it may be useful to have someone other than your spouse (family member or close friend) own a small percentage interest in the LLC. The community property states are: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin.

Second, you must make sure that the LLC is run and managed in the correct manner. None of these protections will hold up in court unless you truly become a MASTER of good business practices and learn how to keep up with LLC formalities.

To learn more about how you can become a MASTER of good business practices, create, run, and maintain an iron clad LLC please see Mr. Barazandehs, Wealth Building LLC course at http://www.theinformedinvestor.com and http://www.attorneysecrets.com.

I want to wish you all the best in your business and email me if you ever need help: taxenterprises@yahoo.com

By: Darius M. Barazandeh, Attorney at Law / M.B.A. Insurance Online Term
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The New America Should We Outsource

If you were to look at many large corporations such as Sprint, Dell, and so on, you would find a number of jobs are outsourced overseas. Outsourcing is nothing new but the trend of global outsourcing has ignited a firestorm of controversy.

North American businesses are increasingly outsourcing business functions to companies outside of the United States. Often this outsourcing is seamless to the outside world. The company maintains control over the processes and results, while certain business functions are quietly conducted in another country. Companies often benefit from reduced operating costs and an eager workforce. For the employees, particularly those in struggling economies, they are afforded higher wages and an increased standard of living.

While this may seem to be a win-win proposition for all, it does not come without its share of naysayers who believe that this practice is further eroding the already shaky North American economy. To understand this controversy, we must look at why companies decide to outsource as well as the type of jobs being outsourced. Companies cite a variety of reasons for outsourcing from lack of qualified, available labor to cost concerns. Unfortunately, while many people in the United States want to work and some actively seek positions, sometimes these individuals are not qualified or unreliable. To the company, this creates a risk of missed deadlines, understaffing and its inherent consequences, under production, and so on.

Cost and competition raise another issue. Businesses around the country are vying for ways to reduce cost while increasing effectiveness and productivity. By using overseas outsourcing, companies are able to save on one of the largest line item expenses in business human capital. Consider alone the skyrocketing cost of healthcare in the United States. Businesses can spend an additional $8000 10,000 per employee, per year on benefits alone. When added to salaries, workers compensation, and operational expenses it is easy to see why global outsourcing becomes an option.

Global outsourcing can also offer competitive advantages. Companies can take advantage of specialized knowledge and emerging technologies by outsourcing certain processes to other countries. In this way a company can hire those leading an industry and leverage that competitive advantage in the marketplace.

The underlying discontent with global outsourcing has to do with wages. In example, outsourcing to countries such as India and Mexico enables companies to pay much lower wages than they would pay North American workers. With an abundance of people in foreign countries interested in making higher North American wages, finding help is never a problem. For instance, a telecommunications company pays a customer service representative in the United States between $20,000 and $30,000 per year on average. If the company were to turn the same job over to someone in another country, they would likely pay between $10,000 and $15,000. For the foreign worker this salary enables them to significantly raise their standard of living while the same salary would be at the poverty level for North Americans. For the company and the overseas worker it is a win-win situation. However, this also means workers in the United States are being forced out of or passed over for jobs thus the controversy.

American Express was one of the first companies to publicly come under fire for global outsourcing. Dell too has come under attack for basing customer service in India. United States customers complain about the language barrier and lack of service but neither company has suffered the loss of profits as a result of outsourcing.

From the viewpoint of the overseas employee, they simply want to make a decent living. With jobs difficult to find in their own country, accepting an outsourced job is a gift from Heaven. These people often make 100% or more of what they could make in their own country, which makes outsourcing highly profitable and very attractive. Obviously, with so much at stake, the outsourced workers are willing to be trained, to follow rules to the tee, to respect authority, and be to work on time, every time.

As you can see, outsourcing overseas is a huge dilemma, with growing concern. When you consider the growing positions being outsourced, the concern rises. Although you might generally think of customer support as being the number one outsourced job, you might be surprised. Below is a list of other jobs that are often outsourced:

Customer Service Although this was not one of the original aspects of a business outsourced, we now see a huge number of companies, small to large, using overseas services in all areas of customer support.

Data Analysis The amount of data being generated by companies throughout the United States is staggering. In most cases, conducting market analysis and reviewing trends is crucial to a number of industries. For instance, much of the data coming out of the New York Stock Exchange is sent to India where it goes through a complete analysis process.

Research Research is also another large area where overseas outsourcing is used. In this case, companies will outsource large or portions of large research projects to people in other countries, which covers everything imaginable such as pharmaceutical trials to genetics to nano stocks.

Engineering Design More and more, we see engineering design being outsourced. Typically, companies in the United States establish what is known as an Offshore Development Center or ODC, which includes a number of design fields such as architectural, mechanical, hardware, structural, and product.

Medicare Many people are unaware that Medicare is also outsourced to foreign countries. Services provided by employees could include data entry of doctors transcripts to interpretation of an MRI, CAT scan, or other medical imaging processes.

Art and Animation With different countries offering unique levels and genres of creativity, a company needing a website, illustrations, artwork, book cover design, television show, graphic art, and other similar functions would turn to other countries for fresh ideas

Legal Finally, we also see legal support services being outsourced overseas. Although professional services would not be included, we do see some of the more low-level tasks such as data entry of legal documents or transcripts and patent searches being performed.

Although outsourcing to other countries has been done since the early part of the 1990s, it has become a multi-billion dollar business for other countries. Although many of the workers are low skilled, they are again, eager and willing to work. The trend of outsourcing will likely to continue to expand. We often view the negative impact to North American workers but the reality is we too benefit from outsourcing.

Many small businesses provide services to other countries. Writers, web developers, marketing consultants and many others build a business that is largely global. These small businesses are often started by laid off or out placed corporate employees. Other countries outsource to the United States for the same reasons we do specialized knowledge, lower costs, and qualified labor. Lets face it the world has changed. The debate over outsourcing is unlikely to subside any time soon, but the rules will continue to be written.

Richard A. Hall is founder and President/CEO of LexTech, Inc., a legal information consulting company. Mr. Hall has a unique breadth of experience which has enabled him to meld technology and sophisticated statistical analysis to produce a technology driven analytical model of the practice of law. As a busy civil trial attorney, he was responsible for the design and implementation of a LAN based litigation database and fully automated document production system for a mid-sized civil defense firm. He developed a task based billing model built on extensive statistical analysis of hundreds of litigated civil matters. In 1994, Mr. Hall invented linguistic modeling software which automatically reads, applies budget codes, budget codes and analyzes legal bill content. He also served as California Director and lecturer for a nationwide bar review. Mr. Hall continues to practice law and perform pro bono services for several Northern California judicial districts.Fibromylagia And Chronic Pain
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