Friday, November 30, 2012

Rachid Sefrioui on Venture Capital: Want Venture Capital Funding ...

Winning venture capital funding is increasingly difficult for entrepreneurs. As Professor David Brophy of the University of Michigan?s Ross School of Business told me in a recent Forbes interview, the number of venture capital funds has shrunk by half since the recession. With heightened competition, founders are increasingly required to demonstrate actual results before a VC will commit. ?There?s a much higher burden, a winnowing process with companies,? says Jeffrey Bussgang of Flybridge Capital Partners, who is the author of Mastering the VC Game: A Venture Capital Insider Reveals How to Get From Start-up to IPO on Your Terms.

But there?s also an upside to that higher bar: ?If you can come out of this clutter, there?s an incredible lift for those companies that do distinguish themselves,? he says. Citing recent industry success stories like Dropbox and Airbnb, Bussgang says it?s ?a classic network effect dynamic?distinguishing yourself is so unique that when you do it, so much value aggregates to the winner.? Those companies are more likely to be rewarded with major funding that enables them to rapidly grow. ?What we?re doing differently,? Bussgang says of his firm and the industry in general, ?is putting out less money in initial checks, but you see bigger money in scaled companies. Once a company hits and starts scaling, they?re raising $30 million, $50 million, $100 million, and that never would have happened [in the past] in a pre-IPO setting. It?s a big new trend in the last five years.?

Less funding for early stage ventures isn?t simply risk aversion on the part of VCs, says Bussgang; on the contrary, he says, it?s a smarter way to do business, aided by today?s lower technology costs (startups can often get by without expensive infrastructure) and the Lean Startup ethos of launching fast, getting data, and pivoting quickly where necessary. ?If a great entrepreneur is pursuing something that?s a bad idea, you don?t want to tie up $10 million and three years of their life,? says Bussgang. ?Instead, try it out for a year, spend $2 million, and if it doesn?t work, free up the capital and free up the entrepreneur, and let them go do something better. I think it?s a very positive phenomenon.?

So what makes for a successful entrepreneur in today?s high-stakes environment?

Source: http://rachid-sefrioui-venture-capital.blogspot.com/2012/11/want-venture-capital-funding-heres-how.html

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Thursday, November 29, 2012

Guest Blogger: Boy's Bedroom Western Theme Ideas

Guest Blogger #794, Entry #1883, November 29, 2012

If you?re someone who lives out on a country plain, you love to watch old western movies, or you have family members who are farmers or even cowboys for a living, then there?s a really big chance that your influence will rub off on the young boy who you love so much.

As you?re in the midst of doing some bedroom decor renovations, perhaps you?re considering giving your son a bit of a western theme and you?re looking for some design ideas that are relatively quick, easy and not super expensive.

boys western bedroom idea

Try these tips for creating a boys western room

Image via: Jean Macrea Interiors

If so, we have five really great ones that will definitely cater to the little cowboy in your child:

Denim and bandanas.

One look that is really cute is to decorate with a denim and bandana theme. You can paint the walls a dark blue denim color, purchase some curtains that look like red bandanas and frame pictures of cowboys and western landscapes with faux leather.

Ropes and wood.

Another d?cor approach is to paint the walls in a brown hue that represents wood. It can be a nice complement to some faux hardwood floors. To add to all of the ?cabin-like feel?, purchase a big wooden trunk to put his toys in and use a bit of rope to spell his name up above his crib or bed. You can accent all of the brown with some white to make certain elements of the room stand out.

Cow print.?

Nothing says ?cowboy? quite like some cow prints, right? If you want to create a look that has only a few hints of a western theme to it, there are throw pillows, rugs for the floor or even bedding that you can purchase that has cow print all over it.

Paint a landscape.

Sometimes when a child has a hard time falling asleep, it helps them to either look at a book or something like some glow-in-the-dark stars in the sky. You can make it extra special for your child by actually hiring someone to come in and paint a western landscape filled with mountains, green land and some horses grazing. By allowing your son to keep a nightlight on, he can fall asleep imagining that he is deep in the west.

boys western bedroom

Give your boy?s bedroom a modern twist on western decor

Image via: Dyanne Wilson

Cowboy hats and saddles.

Another cool idea consists of collection a lot of different sizes and colors of cowboy hats and hanging them on one of the walls in your son?s room. You can add to that some antique furniture (like a wooden rocking chair), some vintage cowboy decorations and you can even purchase a big stuffed horse and put a real saddle on it for decoration. If you are looking to add a finishing touch with some cowboy hat or saddle bedding, websites like Cabin Place, A Baby and even eBay have many icons that will tell you to ??click here?? for many western-themed options to choose from.

Of course, these are just some of the options that are available to you. Hopefully this gave you the inspiration to perhaps go with one of these ideas or to create one of your very own; one that will make your little cowboy feel like he?s out on the range, both day and night, no matter where he?s from.

For more kids? room inspiration on Stagetecture, click here.

Source: http://stagetecture.com/2012/11/guest-blogger-boys-bedroom-western-theme-ideas/

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Family's Home for 23 Years 'Total Loss' After Fire - Madison, NJ Patch

Michelle Davis and her family have lived in their house on Hunter Drive in Madison for 23 years and, with the help of a friend who is a carpenter, they focused on a different remodeling project each year.

Bathrooms and the kitchen were updated, hardwood floors were put down and new windows were installed. This year they realized they finally had everything the way they wanted it.

On Tuesday evening, a fire that started near a metal chimney spread through the attic left the home a "total loss," Davis said Wednesday.

"We'll rebuild, we'll do it over, and everybody got out safe," she said.

Fire consumed part of the house, smoke and water damaged other parts, and sections of walls and ceilings had to be ripped out so firefighters could access the fire.

Davis said she, her husband Frank, four children and four dogs are staying with her parents in Florham Park. The insurance company next week will work out a place for them to live until the home can be rebuilt and they are able to move back, possibly in about six months.

Davis and her two daughters and four dogs, who were home at the time, got out of the house when they realized it was on fire and called 9-1-1.

Frank Davis works for Madison's Department of Public Works, and has a landscaping business. He was out plowing snow Tuesday when he got a call about the fire. He came home to find the home illuminated by emergency lights and smoke coming from the roof, Michelle Davis said.

After the fire was knocked down, the fire department let them inside and held flashlights so they could retrieve items with sentimental value that weren't destroyed, such as baby pictures and a christening gown.

"The firemen, they were fantastic, all lined up, passing photo albums, cartons of pictures," she said. "You can't replace any of that stuff."

With two other fires in Madison in the previous month, one on Crestwood Drive and one on Park Avenue, fire safety was on their mind the day before the fire. Davis said the smoke detectors in the house worked, but they figured it would be good to install new ones and she purchased smoke and carbon monoxide detectors on Monday. They had not yet installed them.

The fire means this year's family Christmas gathering will be held in someone else's home, but Michelle Davis said she hopes to have family over for Christmas in their rebuilt home next year. The fire also has led friends and family to reach out to offer support, Davis said.

"We have a lot of great friends and family and they were with us right away and they've been with us every step of the way," she said.

Source: http://madison.patch.com/articles/family-s-home-for-23-years-total-loss-after-fire

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Ngc-6946-The Fireworks Galaxy (by mtibor64)

Sorry, Readability was unable to parse this page for content.

Source: http://galaxyshmalaxy.tumblr.com/post/36768994701

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Wednesday, November 28, 2012

Social Media Victor Cruz Jersey Concepts That Draws Business In ...

Social media internet sites provide for worldwide Victor Cruz Jersey conversation that is progressive, entertaining, and immediate. In order to utilize this international market place, and then use it to increase company, then you will want an effective marketing campaign. In this post we are going to go over a few of the do?s and don?ts of social media advertising.

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Prior to starting Victor Cruz Jersey a social media marketing campaign you should consider getting tutorials to steer you in the appropriate route. A guide consists of specifics of the best social media web sites. It will give you all you need to learn in the fundamentals of establishing a page to methods to growing traffic.

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through social media marketing although not sure how to begin? This information will take you step-by-step through the primary limbs of your social media tree and also show you ways you are able to profit from the millions of people checking out these internet sites everyday.

If you run a blog or submit regular updates to your website, discuss your upgrades on web sites such as Facebook and Twitter instantly. Men and women may well not check your website at all times, but if they visit your back links turn up within their feed, they?ll still click them and read around your content.

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Revealing information Victor Cruz Jersey throughout social media websites is a terrific way to advertise your item plus enables you to gather important info about client choices. And this is what helps make social networking an specifically pleasing approach to boost your company. Don?t pass up the ability to get in touch with potential buyers that Fb, Twitter as well as the other social media websites current.

To have folks to respond to this content you talk about, make it as basic as possible. Give them leading concerns that request their opinions. Let them respond without having stating a word by such as a poll. By no means call for individuals to sign up or Victor Cruz Jersey register to depart responses. Connection may be the loaves of bread and butter of social media marketing, and you would like to have the feedback procedure as practical as you can.

When your social media advertising consists of a Twitter accounts, systemize certain forms of articles. If there are blog owners or reports sources within your area of interest that you just believe in, and in whose blogposts are regularly fascinating, improve your bank account to retweet their blogposts. Also create anything where the best Tweets are routinely retweeted therefore they do not sink from vision.

When you get involved with social media websites and set up up 1 for your company or company, be sure that you go to Victor Cruz Jersey these sites frequently and maintain your things up-to-date. Your potential customers and enthusiasts will get bored quickly if you don?t give them a reason to revisit.

By using social websites, you might have identified the centre of where people go to get information. By using this to your great advantage will bring you forward in advertising and marketing your business. This short article was built to show you how and where to successfully use social websites to increase your financial well being.

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Related posts:

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Source: http://mysixstringsblog.com/social-media-victor-cruz-jersey-concepts-that-draws-business-in-your-internet-site/?utm_source=rss&utm_medium=rss&utm_campaign=social-media-victor-cruz-jersey-concepts-that-draws-business-in-your-internet-site

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Bioengineered marine algae expands environments where biofuels can be produced

Tuesday, November 27, 2012

Biologists at UC San Diego have demonstrated for the first time that marine algae can be just as capable as fresh water algae in producing biofuels.

The scientists genetically engineered marine algae to produce five different kinds of industrially important enzymes and say the same process they used could be employed to enhance the yield of petroleum-like compounds from these salt water algae. Their achievement is detailed in a paper published online in the current issue of the scientific journal Algal Research.

The ability to genetically transform marine algae into a biofuel crop is important because it expands the kinds of environments in which algae can be conceivably grown for biofuels. Corn, for example, which is used to produce ethanol biofuel, requires prime farmland and lots of fresh water. But the UC San Diego study suggests that algal biofuels can be produced in the ocean or in the brackish water of tidelands or even on agricultural land on which crops can no longer be grown because of high salt content in the soil.

"What our research shows is that we can achieve in marine species exactly what we've already done in fresh water species," said Stephen Mayfield, a professor of biology at UC San Diego, who headed the research project. "There are about 10 million acres of land across the United States where crops can no longer be grown that could be used to produce algae for biofuels. Marine species of algae tend to tolerate a range of salt environments, but many fresh water species don't do the reverse. They don't tolerate any salt in the environment."

"The algal community has worked on fresh water species of algae for 40 years," added Mayfield, who also directs the San Diego Center for Algae Biotechnology, or SD-CAB, a consortium of research institutions in the region working to make algal biofuels a viable transportation fuel in the future. "We know how to grow them, manipulate them genetically, express recombinant proteins?all of the things required to make biofuels viable. It was always assumed that we could do the same thing in marine species, but there was always some debate in the community as to whether that could really be done."

That debate came to a head last month when a National Academy of Sciences committee examining the future potential of algal biofuels for the U.S. Department of Energy published a report pointing out that the production of algal biofuels might be limited by fresh water because no published research study had demonstrated the feasibility of using engineered marine species of algae.

"But now we've done it," said Mayfield. "What this means is that you can use ocean water to grow the algae that will be used to produce biofuels. And once you can use ocean water, you are no longer limited by the constraints associated with fresh water. Ocean water is simply not a limited resource on this planet."

The UC San Diego biologists focused their study on a marine species of alga, Dunaliella tertiolecta, which had been earlier targeted by scientists for potential biofuels production because of its high oil content and ability to grow rapidly under a wide range of salinity and acidic conditions. To demonstrate that it could be used in commercial biofuel production, they introduced five genes into the alga that produced five different kinds of enzymes that could be used in an industrial setting to not only convert biomass to fuel, but also increase nutrient availability in animal feed. Some of these enzymes, for example, came from a fungus that degrades plant material into simple sugars.

The scientists said in their paper that "we hope to eventually determine whether whole algae, post-oil extraction, may be used as a feed additive to improve animal feeds. Animal feed is a relatively high volume market that may be able to benefit from algae-produced proteins as a feed additive."

###

University of California - San Diego: http://www.ucsd.edu

Thanks to University of California - San Diego for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

This press release has been viewed 57 time(s).

Source: http://www.labspaces.net/125493/Bioengineered_marine_algae_expands_environments_where_biofuels_can_be_produced

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The Women in Business Network (WIBN) Enfield Group, The ...

WIBN is a Business Networking organisation for women only. It is a network created for women, by women. We offer all business women and business owners the opportunity to meet with like minded women, once a month at our facilitated network meetings. We have a wide diversity of professions in our membership ranging from sole traders to large business organisations. We appeal to women who are serious about networking their business and are driven to grow their business through monthly contact with other business focussed individuals. We are a one profession per group organisation.

Event Organised By

The Women in Business Network

www.wibn.co.uk

The Women in Business Network is a networking organisation for employed and self-employed business women. Our members meet on a monthly basis at lunch time, to pass contacts and referred business.

Attending this event or want to share it on Facebook? Comment below!

Source: http://www.findnetworkingevents.com/events/index.cfm?action=eventdetail&eventid=35650&utm_source=rss&utm_medium=1&utm_campaign=1

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U.N. chief says crises show need for interfaith amity

VIENNA (Reuters)- The violent crises in Syria, Gaza and Mali show how important it is for different religions to work together to promote understanding rather than sow hatred, United Nations Secretary General Ban Ki-Moon said on Monday.

Addressing the opening of a new Saudi-backed interfaith centre in Vienna, he said the Syrian conflict was "taking on troubling sectarian dimensions" and "unrest (continues) between Israelis and Palestinians."

Valuable religious monuments had been destroyed in Mali, he said, referring to the destruction of centuries-old Muslim heritage by the radical Islamist Ansar Dine movement.

Religious leaders "can unite people based on tenets and precepts common to all creeds" but at times have also "stoked intolerance, supported extremism and propagated hate."

"I fully support your vision of religion as an enabler of respect and reconciliation," he told about 800 religious officials and activists meeting in the Austrian capital to discuss how to promote better understanding among faiths.

Named after Saudi King Abdullah, the new centre is a welcome boost for bridge-building between faiths in an era of financial austerity but has drawn criticism because Saudi Arabia enforces a strict Islamic code and bans non-Muslim religious practice.

It plans to work first on improving how religions are presented in media and schoolbooks, involving faith leaders in children's health campaigns in poor countries and hosting religious leaders for fellowships at its Vienna headquarters.

"LONG MARCH" TO REFORM

The King Abdullah bin Abdulaziz International Centre for Interreligious and Intercultural Dialogue (KAICIID) is the latest step in what Saudi Foreign Minister Saud al-Faisal called his country's "long march" towards cautious reform at home and improved relations with faith around the world.

"Religion has been the basis for many conflicts," he said.

Spurred into action by the September 11, 2001 attacks in the United States - in which most of the militants involved were Saudi nationals - and radical Islamist bombings in Saudi Arabia two years later, the king has brought together Sunni and Shi'ite Muslims in Mecca to discuss how to counter extremism in Islam.

He hosted an interfaith conference in 2008 but had to hold it in Madrid because the kingdom is so conservative. However, Saudi officials at the Vienna conference stressed the dialogue message was being spread back home as well.

"The aim is to promote acceptance of other cultures, moderation and tolerance," said Fahad Sultan AlSultan, deputy head of a Saudi national dialogue effort launched in 2003. "There are problems but we have achieved some success."

KAICIID is managed by a board with three Muslims, three Christians, a Jew, a Buddhist and a Hindu. It aims to help religions contribute to solving problems such as conflicts, prejudice and health crises rather than be misused to worsen them.

"The prime purpose is to empower the active work of those in the field, whether in the field of dialogue, of social activism or of conflict resolution," said Jerusalem-based Rabbi David Rosen, representing Judaism on the nine-seat board of directors.

"WE ARE BEING WATCHED"

Unlike other interfaith projects run by churches or non-governmental organizations, KAICIID is an international body sponsored by Saudi Arabia, Austria and Spain, with strong backing from the Vatican as a "founding observer".

Cardinal Jean-Louis Tauran, the Vatican's top dialogue official, warned his partners they faced a huge challenge.

"We are being watched," he said. Public opinion expected the centre to be a forum for dialogue on "religious freedom in all its respects, for everybody, for every community, everywhere."

Tauran, who has in the past urged Saudi Arabia to allow Christians to open churches there, said the Roman Catholic Church was among those focusing on religious rights.

"The Holy See is particularly attentive to the fate of Christian communities in countries where such a freedom is not adequately guaranteed," he said.

Abdullah al-Turki, head of the World Muslim League that has spread Saudi Arabia's strict Wahhabi school of Islam around the world for decades, used the opening ceremony to revive an issue other Muslim groups had quietly abandoned as unattainable.

"We hope this centre will support the international effort to issue an international law criminalizing the abuse of religions and God's prophets," he said.

The Organisation of Islamic Cooperation (OIC) admitted in September it could not win United Nations support to outlaw blasphemy despite years of effort and said it would no longer try. Western states oppose a ban as a violation of free speech.

AUSTRIAN CRITICS

Austrian Foreign Minister Michael Spindelegger defended the establishment of KAICIID in Vienna, saying "it is my deep conviction that there is no alternative to this dialogue".

But the centre's Austrian critics kept up a drum beat of criticism. A group called Liberal Muslims held a small protest outside the Hofburg against Saudi human rights violations.

The Green Party said Austria was naive to think Saudi Arabia, which has financed many mosques espousing the austere Wahhabi form of Islam in Europe, had no ulterior motives in paying for the centre's headquarters and first 3 years' budget.

KAICIID officials say the centre is independent and would not be promoting any one religion.

(Additional reporting by Georgina Prodhan)

Source: http://news.yahoo.com/vienna-interfaith-center-opens-saudi-help-172706194.html

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Tuesday, November 27, 2012

Great Advice For Using Internet Marketing To Benefit You

Incorporate Internet marketing strategies to boost the profits earned by your business. The largest draw of marketing on the Internet is that your market share is worldwide. But, to tap into this widespread audience, you need to know the best Internet marketing methods. The tips below will give you a starting point from which to work.

In any email that you send, include a persuasive and strong call to action. You could encourage them to watch a video demonstration, check out the latest product, or sign up for exclusive discount coupons. This also helps you measure the success of your email marketing since those actions can be tracked and evaluated!

Give site visitors the option of signing up for your newsletter or e-zine. This can be a smart technique to help you maintain an interactive relationship with your website visitors and prospective customers. One way to start building relations is by adding personality to your Ezine with the use of pictures of your staff. You should let them know about the people who run your company. Use fascinating subject lines, such as a quick way to reach a goal.

Detailed Statistics

Be sure that you keep very detailed statistics. Be it your sales, traffic, referrals or whatever, make sure you track everything you can. Detailed statistics help you when deciding on how to use Internet marketing to your benefit.

Learn about your competition. Find out what features your competitor?s site offers. You will be able to ascertain their visitor numbers, and this will give you a excellent comparison point for your own site.

Always make sure you have a slogan and a logo for your business, even if you?re just running a small, Internet based firm. These will ensure your customers will know your brand. Slogans will stay on the mind of customers for a long time period. When a customer is ready to buy a product, he might remember your slogan even if he doesn?t remember the name of your business. In the age of the internet, that?s not a huge problem.

You can trick your readers into clicking on the ads you have by making an image that is discreet and that will link your readers to a product page. Try making an advertisement that blends seamlessly with the text of an article, so that it appears to be a continuation of the content. It will not have the appearance of an ad.

If your customers show an interest in charities, donate a part of your proceeds to one. Let your customers know that you do this. You don?t have to donate a large amount to see results.

Free Shipping

Giving customers incentives will help them to place orders quickly. You could offer them expedited or free shipping, or perhaps a free gift wrapping service. One example could be to offer free shipping to the first 50 people who buy a product as an incentive. This is an brilliant incentive for prospective buyers.

Consider making proposals to other web-based businesses on ways to combine products and offer special deals to your customers. You can directly increase your sales volume by linking multiple markets. Booking agents that offer low prices on hotels and travel in combination deals are a excellent example of this technique. This thought is perfect for any company that has linked products that complement each other, but are not seen as competitors.

Make sure you diversify when you are plotting your Internet marketing strategies. This point is key when first starting out, as it is hard to get the momentum of a steady flow of income going. Make sure you keep a consistent source of regular income until you see success sprouting up.

It?s not imperative to spend thousands of dollars on a marketing consultant. A quick search on the internet can offer many free resources to help you with your marketing needs. Some of the marketing resources available online and locally at small to no cost are online business forums, informational blogs, eBooks, and local business seminars.

Making public relations pages on your website is a fantastic thought that will help further engage readers with your company. Incorporate content that is viable throughout other sites, such as online newspapers or magazines. This task is a simple way to gain exposure for your company and work towards broadening your client base.

You can increase your site traffic by blogging. In order to get these additional visitors, you need to keep your site fresh with relevant content that you update on a daily basis. Potential buyers are more likely to revisit your site if they can always look forward to reading new content that is relevant and fascinating.

The article above presented some fantastic strategies to grow your business on the Internet. Next you will need to apply them to your specific business to determine how well they suit you. Minor adjustments in techniques may be necessary along the way. It is vital to be continuously learning new ways to improve your marketing strategy.

One of the most convenient methods to turn network marketing leads into a strong business plot is to learn a number of people, systems or even marketing styles who are presently achieving the outcomes you wish and place on your investigator thinking cap. Study their marketing plot and learn precisely who their target market is, how they are approaching them, exactly what they they are sending their leads and potential customers to (just what type of presentation ? direct mail, online, offline, webinar, audio, video) and exactly how are they following up to close the deal and gather a choice. Then just do the same things in the same way.

Related posts:

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  3. Tips To Help You Get Ahead In Internet Marketing!
  4. Tips To Create A Solid Internet Marketing Strategy
  5. Become An Internet Marketing Professional By Following These Tips

Source: http://bestdietaids.net/great-advice-for-using-internet-marketing-to-benefit-you/

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Khan Academy Comes to iPhone with Over 3,500 Educational Videos

Khan Academy Comes to iPhone with Over 3,500 Educational VideosiOS: Khan Academy is a great way to learn about everything ranging from math to history. Their iOS app has updated to support the iPhone alongside the previously released iPad app.

The iPhone version is rather barebones and only allows you to watch videos. This means you can't save videos for offline viewing, or track your progress like you can in the iPad app or the browser version. Still, as a means to quickly catch a lecture on the go, or to learn something new on a long car ride, the iPhone app gets the job done.

Khan Academy (Free) | iTunes App Store via The Next Web

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/IUo5nGlffjQ/khan-academy-comes-to-iphone-with-over-3500-educational-videos

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Indebted Caribbean tax havens look to tax foreign investors

Industry analysts say new fees and taxes could bring in needed money to a region where some debts are near that of Greece. But could they scare off investors?

By Ezra Fieser,?Correspondent / November 26, 2012

SANTO DOMINGO, Dominican Republic

For a territory of just more than 56,000 people, the Cayman Islands boasts an impressive corporate roster: From some of the favorite US brands like Coca-Cola and Federal Express to the world?s richest sports franchise, English football club Manchester United.?

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The three-island British territory tucked just south of Cuba in the Caribbean Sea has more than 92,000 registered companies, according to the government, most of which do the majority of their business elsewhere.?

A check around the Caribbean reveals similar stories. The islands have long been attractive because they collect little or no taxes. They?ve built economies around financial services, which has proven a more reliable source of income than tourism in recent years. And over time they?ve helped foreign companies and well-heeled individuals reduce their tax bills. Among them is the hedge fund Bain Capital, of Mitt Romney fame, which became a lightning rod for criticism during the presidential campaign.

But something happened on the way to tax haven status: Caribbean governments have accumulated massive debts they are struggling to repay. Without the taxes most governments use to pay for the costs of running public works projects or social programs, the bills have added up. With little in the way of economic expansion ? The United Nations forecasts 1.6 percent growth this year for the Caribbean ? governments are turning to other means.

Well-known tax shelters from the Cayman Islands to the Bahamas to the British Virgin Islands are considering new fees and taxes that would directly affect foreign investors.

RELATED: Think you know Latin America? Take our geography quiz!

?It is a well established fact [that] ? any government has but one fundamental way to?? have the resources available to fulfill its obligations to its citizens? and that is to raise taxes or fees,? D. Orlando Smith, minister of finance in the British Virgin Islands (BVI), said in a Nov. 15 budget presentation. ?

But industry analysts and tax specialists believe new fees and taxes will bring in needed money for government coffers while doing little harm to the business community.

'The need to raise revenue'

In the BVI, Mr. Smith proposed an increase in trade license fees, which businesses are required to purchase to operate there, and to base work permit fees on salary levels, meaning higher-paid workers, many coming from large companies with multimillion dollar payrolls, would pay more. His counterpart in the Cayman Islands has proposed an increase in registration fees for hedge funds. And in the Bahamas, the government is considering a sales or value added tax as well as a broad-based corporate tax for the first time.

?This is coming from the same pressure that is affecting other governments around the world: the need to raise revenue,? says Bruce Zagaris, a Washington-based lawyer who has advised Caribbean governments on tax matters. ?Small countries, like those in the Caribbean, are more limited in the ability to raise revenue. In many, such as the Bahamas and Cayman Islands, there is no income tax.?

Places like St. Kitts & Nevis and Barbados are among the world?s most indebted governments, with debt-to-gross domestic product ratios of 151 percent and 118 percent, respectively, according to International Monetary Fund (IMF) data. Much-maligned Greece?s debt is only slightly higher at 161 percent, according to the European commission. ?

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/iOPc6m9_NZw/Indebted-Caribbean-tax-havens-look-to-tax-foreign-investors

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Springfield, Massachusetts, blast blamed on gas company worker

(Reuters) - A utility worker who punctured a natural gas line caused an explosion in a Massachusetts city last week that injured 18 people, a city hall spokesman said on Sunday.

Investigators have found that the Columbia Gas of Massachusetts worker breached the high-pressure line with a probe as he checked for the source of a gas smell on Friday at a downtown Springfield strip club, said Tom Walsh, a spokesman for Mayor Domenic Sarno.

The area rapidly filled with gas fumes and was evacuated. The source of the gas odor and what sparked the explosion itself were unknown, he said.

More than 40 buildings were damaged in the blast. Eighteen people were hurt, none seriously.

Walsh spoke after a news conference on the source of the blast that included Sarno, State Fire Marshal Stephen Coan, the Springfield bomb squad and the Department of Public Utilities.

Columbia Gas of Massachusetts, a unit of NiSource Inc, will open a claims office in Springfield on Monday, Walsh said.

A Columbia Gas spokesman was not immediately available to comment.

(Reporting by Ian Simpson; editing by Philip Barbara)

Source: http://news.yahoo.com/springfield-massachusetts-blast-blamed-gas-company-worker-195115610--finance.html

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Monday, November 26, 2012

Republicans starting to rebel against tax pledge

With the fiscal cliff looming for the United States, some Republican members of Congress said today they are ready to break a long standing pledge not to raise taxes.

"The only pledge we should be making to each other is to avoid becoming Greece. And Republicans should put revenue on the table," South Carolina Sen. Lindsey Graham said on ABC's "This Week."

Read more of the discussion of the fiscal on "This Week" today.

Graham's comments followed those by another Republican senator, Saxby Chambliss of Georgia, who said last week he'll no longer abide by the pledge.

"I care more about my country than I do about a 20-year-old pledge," he said in a local interview.

He got support today from House member Peter King, another Republican from New York.

"I agree entirely with Saxby Chambliss -- a pledge he signed 20 years ago, 18 years ago is for that Congress," King said on NBC's "Meet the Press." He added, "The world is changed and the economic situation is different."

Read Matthew Dowd's analysis of the efforts to avoid the fiscal cliff.

This growing chorus is about the pledge that Americans for Tax Reform president Grover Norquist has gotten hundreds of Republicans to sign. But in an interview with ABC News, Norquist says it's just a few deserters.

"The people who have made a commitment to their constituents are largely keeping it," he said. "The fact is there is more support for both protecting the rates, you saw the Republican leader in the house say rates are non-negotiable, and he also talked about revenue coming from growth."

But President Obama has said rates will go up for the wealthy. There could be some political cover for Republicans if the country actually goes over the cliff. All the Bush era tax cuts would expire, including those for the wealthy. Congress could then vote to actually reduce taxes for everyone expect the rich. Therefore, they wouldn't technically raise taxes and violate Norquist's pledge.

But Nordquist said he doesn't think the public would buy those political moves, and he also doesn't think the country will actually go over the cliff.

"I think we'll continue the tax cuts. Not raise taxes $500 billion. Obama made the correct decision (by extending the Bush tax cuts) two years ago," Norquist told us.

Leading Democratic Sen. Richard Durbin also said he believes a deal is possible now that the Thanksgiving holiday break is over.

"We can solve this problem," he said on "This Week," adding: "There's no excuse. We're back in town."

Also Read

Source: http://news.yahoo.com/gop-starting-rebel-against-no-tax-hikes-pledge-012623817.html

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New York Harbor Barrier: Will City Act To Protect Itself From Future Storm Surges?

-- Think Sandy was just a 100-year storm that devastated New York City? Imagine one just as bad, or worse, every three years.

Prominent planners and builders say now is the time to think big to shield the city's core: a 5-mile barrier blocking the entryway to New York Harbor, an archipelago of man-made islets guarding the tip of Manhattan, or something like CDM Smith engineer Larry Murphy's 1,700-foot barrier ? complete with locks for passing boats and a walkway for pedestrians ? at the mouth of the Arthur Kill waterway between the borough of Staten Island and New Jersey.

Act now, before the next deluge, and they say it could even save money in the long run.

These strategies aren't just pipe dreams. Not only do these technologies already exist, some of the concepts have been around for decades and have been deployed successfully in other countries and U.S. cities.

So if the science and engineering are sound, the long-term cost would actually be a savings, and the frequency and severity of more killer floods is inevitable, what's the holdup?

Political will.

Like the argument in towns across America when citizens want a traffic signal installed at a dangerous intersection, Sandy's 43 deaths and estimated $26 billion in damages citywide might not be enough to galvanize the public and the politicians into action.

"Unfortunately, they probably won't do anything until something bad happens," said CDM Smith's Murphy. "And I don't know if this will be considered bad enough."

Sandy and her 14-foot surge not bad enough? By century's end, researchers forecast up to four feet higher seas, producing storm flooding akin to Sandy's as often as several times each decade. Even at current sea levels, Sandy's floodwaters filled subways, other tunnels and streets in parts of Manhattan.

Without other measures, rebuilding will simply augment the future destruction. Yet that's what political leaders are emphasizing. President Barack Obama himself has promised to stand with the city "until the rebuilding is complete."

So it might take a worse superstorm or two to really get the problem fixed.

The focus on rebuilding irks people like Robert Trentlyon, a retired weekly newspaper publisher in lower Manhattan who is campaigning for sea barriers to protect the city: "The public is at the woe-is-me stage, rather than how-do-we-prevent-this-in-the-future stage."

He belongs to a coterie of professionals and ordinary New Yorkers who want to take stronger action. Though pushing for a regional plan, they are especially intent on keeping Manhattan dry.

The 13-mile-long island serves as the country's financial and entertainment nerve center. Within a 3-mile-long horseshoe-shaped flood zone around its southernmost quadrant are almost 500,000 residents and 300,000 jobs. Major storms swamp places like Wall Street and the site of the World Trade Center.

Proven technology already exists to blunt or virtually block wind-whipped seas from overtaking lower Manhattan and much of the rest of New York City, according to a series of Associated Press interviews with engineers, architects and scientists and a review of research on flooding issues in the New York metropolitan area and around the globe.

These strategies range from hard structures like mammoth barriers equipped with ship gates and embedded at entrances to the harbor, to softer and greener shoreline restraints like man-made marshes and barrier islands.

Additional landfill, the old standby once used to extend Manhattan into the harbor, could further lift vulnerable highways and other sites beyond the reach of the seas.

Even more simply, the rock and concrete seawalls and bulkheads that already ring lower Manhattan could be built up, but now perhaps with high-tech wave-absorbing or wave-reflecting materials.

Seizing the initiative from government, business and academic circles have fleshed out several dramatic concepts to hold back water before it tops the shoreline. Two of the most elaborate proposals are:

_ A rock causeway, with 80-foot-high swinging ship gates, would sweep five miles across the entryway to inner New York Harbor from Sandy Hook, N.J., to Breezy Point, N.Y. To protect Manhattan, another shorter barrier is needed to the north, where the East River meets Long Island Sound, and another small blockage would go up near Sandy Hook. This New Jersey-side barrier and a network of levees on both ends of the causeway could help protect picturesque beach communities like Atlantic Highlands, in New Jersey to the west, and the Rockaways, in New York City to the east. This so-called outer barrier option was conceived for a professional symposium by the engineering firm CH2M HILL, which last year finished building a supersized 15-mile barrier guarding St. Petersburg, Russia, from Baltic Sea storms.

_ An extensive green makeover of lower Manhattan would install an elaborate drainage system beneath the streets, build up the very tip by 6 feet, pile 30-foot earthen mounds along the eastern edge, and create perimeter wetlands and a phalanx of artificial barrier islets ? all to absorb the brunt of a huge storm surge. Plantings along the streets would help soak up runoff that floods the city sewers during heavy rains. This concept was worked up by DLANDSTUDIO and Architecture Research Office, two city architectural firms, for a museum project.

What's missing is not viable ideas or proposals, but determination. Massive projects protecting other cities from the periodic ravages of stormy seas usually happened after catastrophes on a scale eclipsing even Sandy.

It took the collapse of dikes, drowning deaths of more than 1,800 people, and evacuation of another 100,000 in 1953 for the Dutch to say "Never again!" They have since constructed the world's sturdiest battery of dikes, dams and barriers. No disaster on that scale has happened since.

It took the breach of levees, a similar death toll, and flooding of 80 percent of New Orleans from Hurricane Katrina in 2005 to marshal the momentum finally to build a two-mile barricade against the Gulf of Mexico.

A handful of seaside New England cities ? Stamford, Conn.; Providence, R.I.; and New Bedford, Mass. ? have built smaller barriers after their own disasters.

However, New York City, which mostly lies just several feet above sea level, has so far escaped the horrors visited elsewhere. Its leaders have been brushing off warnings of disaster for years.

Retired geologist Jim Mellet of New Fairfield, Conn., recalls hearing a story told to him by the late Bill A. O'Leary, a retired city engineer at the time: He and other engineers, concerned about battering floods, had approached power broker Robert Moses more than 80 years ago to ask him to consider constructing a gigantic barrier to hold back storm tides at the entrance to the city's Upper Bay.

Moses supposedly squashed the idea like an annoying bug. "According to Bill, he stood there uninterested, with his arms folded on his chest, and when they finished the presentation, he just said, `No, it will destroy the view.'" Or perhaps he was already mulling other plans for the same site, where he would build the Verrazano Narrows Bridge years later.

Many city projects, like the Westway highway plan of the 1970s and 1980s, died partly because of the impact they would have on the cherished view of water from the congested cityscape. Imagine, then, the political viability of a project that might further block access to the harbor or the view of the Statue of Liberty from the tip of Manhattan.

"I can assure that many New Yorkers would have strong opinions about high seawalls," said an email from a retired New York commander of the U.S. Army Corps of Engineers, Bud Griffis, who was involved in the permitting process for the failed Westway.

However, global warming and its rising sea levels now make it harder simply to shrug off measures to shield the city from storms. Sandy drove 14-foot higher-than-normal seas ? breaking a nearly 200-year-old record ? into car and subway tunnels, streets of trendy neighborhoods, commuter highways and an electrical substation that shorted out nearly all of lower Manhattan.

The late October storm left 43 dead in the city, and City Council Speaker Christine Quinn estimated at least $26 billion in damages and economic losses. The regional cost has been estimated at $50 billion, making Sandy the second most destructive storm in U.S. history after Katrina.

Yet heavier storms are forecast. A 1995 study involving the U.S. Army Corps of Engineers envisioned a worst-case storm scenario for New York: High winds rip windows and masonry from skyscrapers, forcing pedestrians to flee to subway tunnels to avoid the falling debris. The tunnels soon flood.

With its dense population and distinctive coastline, New York is especially vulnerable, with Manhattan at the center.

The famous island can be pounded by storm surges from three sides: from the west via the Arthur Kill, from the south through the Upper Bay, and from the Long Island Sound through the East River. Relatively shallow depth offshore allows storm waters to pile up; the north-south shoreline of New Jersey and the east-west orientation of Long Island further channel gushing seas right at Manhattan.

Some believe that Sandy was bad enough at least to advance more serious study of stronger protections. "I think the superstorm we had really put the fear of God into people, because no one really believed it would happen," said urban planner Juliana Maantay at Lehman College-City University of New York.

But nearly all flood researchers interviewed by the AP voiced considerable skepticism about action in the foreseeable future. "In a half year's time, there will be other problems again, I can tell you," said Dutch urban planner Jeroen Aerts, who has studied storm protections around the world.

William Solecki, a Manhattan-based Hunter College planner who has been at the center of city and state task forces on climate change, guessed that little more will be done to prevent future flooding beyond "nibbling at the edges" of the threat.

In recent years, the city has been enforcing codes that require flood-zone builders to keep electrical and other critical systems above predicted high water from what was until recently thought to be a once-in-a-century storm. Sealing other key equipment against water has been encouraged. The city has tried to keep storm grates free of debris and has elevated subway entrances. The buzz word has been making things more "resilient."

But this approach does little to stop swollen waters of a gigantic storm from pouring over lower Manhattan. "Resiliency means if you get knocked down, this is how you get back up again," huffs activist Trentlyon. "They just were talking about what you do afterward." He said Sandy's flood water rose to 5 feet at street level in Chelsea, where he lives on the western side of lower Manhattan.

The city has at least toyed with the idea of barriers and even considered various locations in a 2008 study. "I have always considered that flood gates are something we should consider, but are not necessarily the immediate answer to rush toward," said Rohit Aggarwala, a Stanford University teacher who is former director of the New York mayor's Office of Long-Term Planning and Sustainability.

Unswayed by Sandy, Mayor Michael Bloomberg and his assistants have been blunter. Bloomberg said barriers might not be worthwhile "even if you spent a fortune."

Deputy Mayor Cas Holloway said no specific measures ? whether more wetlands, higher seawalls or harbor barriers ? have been ruled out because "there's no one-size-fits-all solution." But he compared sea barriers to the Maginot Line, the fortified line of defenses that Germany quickly sidestepped to conquer France at the beginning of World War II.

"The city is not going to be totally stormproof, but I think it can be very adaptable," he added. He said that new flood maps informed by Sandy are being drawn up, and he suspects they will extend the zones where new developments must install critical equipment above flood level.

Computer simulations indicate that hard barriers, which have worked elsewhere around the world, would do a good job of shielding New York neighborhoods behind them. But they'd actually make flooding worse just outside the barriers, where surging waters would pile up with nowhere to go.

The patriarch of this research is Malcolm Bowman, a native New Zealander who leads a passionate cadre of barrier researchers at Stony Brook University on the northern shore of Long Island. His warnings have mostly gone unheeded. "I feel like a biblical prophet crying in the wilderness: `The end is near!'" Bowman said.

Unbowed, he continues to preach against incremental measures. "If you get a storm and a big oak tree falls on your house, then whether you fix your gutter doesn't matter," he said.

In recent years, his logic has finally begun to resonate a bit more. Nicholas Kim, an oceanographer with engineering firm HDR HydroQual who studied with Bowman in the 1980s, said his mentor has been thinking about barriers since then: "Everybody said, `You're crazy!' But now it's becoming clear that we need protection."

Even massive structures don't shield everyone, though. A 2009 four-barrier study co-authored by Kim found that in a simulated storm, barriers still failed to protect large swaths of Queens and sections of other outlying boroughs with a total of more than 100,000 people.

Researchers also have predicted at least a modest additional one-foot rise of stormy seas as water piles up outside the barriers. "If you're the guy just outside the barrier, and you're paying taxes and you're not included, you're not going to be very happy," said oceanographer Larry Swanson at Stony Brook University.

How such barriers would affect water movement, silt and marine life also remains an open question requiring further study for each case.

The scale and costs of hard barrier schemes have further put off many critics. After flooding from Hurricane Irene last year, city representatives asked Aerts, the Dutch planner, to compare the cost and benefits of barriers to existing approaches. His initial analysis will not be finished until February, but his early cost estimate for barriers and associated dikes for New York City is $15 billion to $27 billion ? comparable to that of the record-setting $24 billion Big Dig that reshaped Boston's waterfront ? not to block storms, but to unblock traffic and views of the waterfront.

Barrier defenders counter by pointing to the cost of storm damages. Stony Brook meteorologist Brian Colle said: "When you think of the cost of a Sandy, which is running in the billions, these barriers are basically going to pay for themselves in one or two storms." Advocates say tolls on trains or cars riding atop a barrier could help finance the project.

While appealing for rebuilding, Council Speaker Quinn also has said that "the time for casual debate is over" and called for a bold mix of resiliency with grander protective structures. She has estimated the cost of her plan at $20 billion.

Other massive protection schemes, like the green makeover of lower Manhattan, also would probably run into the billions. And soft protections are meant only to defuse, not stop, rising waters. Sandy battered parts of Long Island behind barrier islands and wetlands.

Nor is it clear that Manhattan has enough space to fashion more extensive wetlands of the sort that help protect the Gulf Coast, however imperfectly. "New York is too far gone for wetlands," said Griffis, the retired Army Corps commander for New York.

Sen. Charles Schumer, D-N.Y., has announced he will spearhead efforts to request a corps study of whether barriers or other options would work better. However, it remains unclear if Congress would be willing to fund such a study, which would undoubtedly take several years and cost millions of dollars.

And even before a dime has been appropriated, the corps is lowering expectations. Says spokesman Chris Gardner: "You can't protect everywhere completely at all times."

___

Associated Press National Writer Adam Geller and AP researcher Julie Reed contributed to this report.

___

The AP National Investigative Team can be reached at investigate(at)ap.org

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Source: http://www.huffingtonpost.com/2012/11/25/new-york-harbor-barrier-storm-surge_n_2188684.html

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Sunday, November 25, 2012

Comprehensive Internet List Building 101 - How to Build an Email List

List building is the heart and soul of internet marketing. It's a lot harder to get a new customer than to sell to an existing one. You want to be able to contact your leads over and over again to build a relationship. The larger your list the more leverage you have. Starting, growing and maintaining an email list of targeted subscribers is one of the most profitable things you can do to build a successful business online.

When you build a list you are creating an asset that is worth money. You are investing in your future. Invest the majority of your precious marketing dollars and time in converting qualified prospects, not blasting your marketing message to the masses. You want to strive for a quantity of qualified leads. Building an email marketing list is going to be one of the single most important aspects of your online business. The money is in a quality list. Your market must know you, trust you and like you.

Starting, growing, and maintaining an email list of targeted subscribers is one of the most profitable things you can do to build a successful business online. Not every prospect will become a subscriber, and not every subscriber will turn into a loyal customer, but you'll find you're much more successful selling to your list than you are to a group of relative strangers.

When you have your list built you can drive instant traffic at will to sites of choice providing it is in line with what your targeted subscribers want. Any time you want traffic, you have it with just a couple clicks of the mouse without having to pay for it or write boring articles and make endless forum and blog posts.

Invest the majority of your precious marketing dollars and time in converting qualified, target prospects, not blasting your marketing message to the masses. Too many times we waste time on shouting our message to deaf ears. If you take the time to market to people who will actually listen to you that is time well spent.

You want to strive for a Quantity of Qualified leads.

Now it is time to take action and get setting up your own list and begin List Building!

Think credible expert! Always test and track your results. The trick here is to test to find what works best, stop what doesn't work, and improve what works to increase sales. Consistency is the key.

Get your comprehensive list building package now and start building your business from the inside out!

View the original article here

Source: http://howtobuildanemaillisthq.blogspot.com/2012/11/comprehensive-internet-list-building-101.html

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iPad Market Share - Business Insider

Here's more proof that tablet market share stats you see are either bogus or totally irrelevant.

IBM released its Thanksgiving and Black Friday report on mobile shopping, and the iPad completely dominates.

In the chart below, you can see the iPad represented 88.3 percent of all tablet shopping on Black Friday and Thanksgiving. It was also 9.3 percent of all mobile shopping. The iPhone was 8.7 percent in mobile, while Android was just 5.5 percent in mobile. (Add it up, and you have the iOS at 18 percent of mobile shopping versus 5.5% for Android.)

IBM's data comes from tracking online retailers with its Digital Analytics Benchmark product. These stats come from tracking, apparel, department stores, health and beauty, and home good, says IBM.

These numbers are particularly interesting because at the start of the month, IDC said Apple only had 50% of the tablet market. Samsung, Amazon, and Asus were supposedly eating Apple's share.

Those IDC numbers seem a lot more hollow now. Perhaps all those other companies are shipping lots of tablets, but they're not being bought and used by consumers.

Apple's CEO Tim Cook has long been skeptical of market share stats. When Apple announced the iPhone 5, he said the iPad had 92% of tablet web traffic, adding, "I don't know what these other tablets are doing. They must be in warehouses or store shelves or maybe in people's bottom drawer."

In other words, maybe tablets are being shipping, but not used.

This IBM data is also points to a bigger picture with Apple and Android market share. Android may be winning the market share battle, but it's losing the battle to be the platform. Apple is still being used more by people, which is what matters for developers and for companies.

Via: Fortune

Source: http://www.businessinsider.com/ipad-market-share-2012-11

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Improbable Fiction at Theatre 3. A review | The RiotACT

improbable fiction

Last night GoosePig and I fronted up to Theatre 3 to see the opening night of Canberra Rep?s latest outing, Alan Ayckbourn?s Improbable Fiction.

The theatre was filled to capacity, the set was jaw-droppingly good, and then the bad news.

One of the lead characters, Brevis, had been replaced at short notice for health reasons.

An already tricky play robbed of impetus while last minute replacement Andrew Kay struggled stoically through having to read his lines.

The performance wasn?t helped by asking six Canberra actors to try and pull off the same English regional accent.

The play could easily have been transplanted to the likes of Bowral or Moss Vale without losing anything.

But instead the accents alone took us on a journey from France to Wales with occasional diversions to Pakistan.

And then there was the first act where GoosePig was blessed by sleep while your correspondent slogged manfully on.

The whole of the first part was devoted to an unlikeable meeting of a mostly unlikeable writers? group.

Sure it set the characters up, but they were pretty crude stereotypes.

The butch lesbian, the fragile beaten wife, the nerd with poor social skills, the eager to please larger lady, the ageing technical writer caring for his dying mother, the beautiful young woman improbably impressed by writers, the ill-tempered misogynist curmudgeon.

There, done, pieces on the board. Didn?t need an hour did it?

It seems it did.

The second act was a mashup of three short mystery stories aping the styles of the bad writers introduced in the first act.

The humour is therefore largely derived from laughing at the poor writing. A joke that wore thin for this reviewer as the play dragged on into the third hour.

If you?re a fan of mystery stories (your correspondent is not) then it could well be your cup of tea.

As it was the second act was where my own eyes got heavy.

It did however, give the actors lots of scope to chew up the scenery and stride the boards.

Having said that, as Andrew Kay gets up to speed with the crucial role of Brevis I can imagine the work really picking up some oomph.

So maybe wait a little later in the run before giving it a go.

Improbable Fiction is running at Theatre 3 until 8 December 2012.

You can book online.

[Photo by Cliff Spong]

Source: http://the-riotact.com/improbable-fiction-at-theatre-3-a-review/89367

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Saturday, November 24, 2012

Most Common Outsourcing Problems and How to Avoid Them

Posted on by admin

As with any organization, business outsourcing has its own share of challenges. With proper planning, common problems and issues may be avoided. In today?s article I will discuss the common mistakes businesses commit when outsourcing and how to avoid these pitfalls.

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Outsourcing core functions
?

Not all tasks are ideal for outsourcing. Certain job functions like administrative and IT functions, when managed by an outsourcing partner, can give you more time to focus on areas that require your specialization. Unfortunately, some companies forget that not all tasks are ideal for outsourcing. They no longer take the time to sit down and extensively study their existing business framework, and often end up outsourcing critical processes which leads to catastrophic outcomes.

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Poorly written contracts
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Before you sign an agreement, make sure that you get the littlest details covered. An outsourcing agency may, at any time, experience an internal problem that will prevent them from finishing the tasks assigned to them. If ever they completed the project, but delivered poorly on quality, then you should at least include a detailed refund policy in the contract. Always Plan for an exit strategy, consider all the ?what ifs? and be sure that your contract can protect your business from these sudden setbacks.

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Choosing the wrong outsourcing provider
?

Don?t just depend on the catchy advertisements, surprisingly affordable services, and other claims that an agency provides just so they can close a deal with you. Before you get an outsourcing partner, shortlist at least five companies. Compare their services and the range of benefits they offer. Take a look at their client portfolio, the projects they?ve handled, their culture, and values system among others. Do your own research. Spending a little more time in choosing the right outsourcing partner for your business can save you a lot of troubles in the future.

?
Lack of communication
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Time and distance are only two of the many barriers that can affect a communication process. Often, vital information can still get lost even with daily verbal consultations. Make sure you follow up every discussion with an email or any form of written correspondence. This allows concerned parties to clear any ambiguous details during the discussion, and ensures that everyone involved in the project knows what is expected of them.

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Not anticipating unforeseen costs
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Unforeseen costs may include fees for prolonged trainings during the transition period and extended project timelines. There may also be instances where you might need to add more services than you previously planned. It?s important that you discuss your budget with your chosen outsourcing partner. Together, make realistic projections on overall estimated cost and allot a contingency fund for unexpected expenditure.

?

Outsourcing brings with it many awesome benefits. It also introduces many adjustments vital to a growing organization. As a business owner, you have to be ready to embrace change and have the foresight to anticipate these challenges. Keep these suggestions in mind and it just might help you increase your success in outsourcing.

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Contact us today to know more about business process outsourcing. We help businesses anticipate challenges that will lead to better productivity and overall mutual success.

Source: http://www.365outsource.com/information/most-common-outsourcing-problems-and-how-to-avoid-them

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Friday, November 23, 2012

Wall Street to open modestly higher in shorter session

NEW YORK (Reuters) - Wall Street was set to start an abbreviated session modestly higher on Friday on signs of progress in talks about releasing aid to Greece, and with the U.S. retail sector in focus as the holiday shopping season begins.

The U.S. equity market was closed Thursday for the Thanksgiving holiday, and trading Friday will end early at 1:00 pm ET (1800 GMT). With many investors on holiday, volume was expected to be thin.

Greece said the International Monetary Fund had relaxed its debt-cutting target for the country, suggesting lenders were closer to a deal for a vital aid tranche to be paid. But other sources involved in the talks cautioned the funding gap was far bigger than Greece has suggested.

Euro zone finance ministers, the IMF and European Central Bank (ECB) failed earlier this week to agree on how to get the country's debt down to a sustainable level and will have a third attempt at resolving the issue on Monday.

Separately, ECB President Mario Draghi said confidence was returning to the euro zone, and governments must implement reforms to secure the bloc's future.

"We're looking at a higher opening, there is some good news coming out of Europe," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

"The fact that we're very close to sealing a deal for Greece certainly (helps) the risk-trade."

Shares of Research in Motion surged in premarket trading on optimism about its soon-to-be-launched BlackBerry 10 devices that will vie against Apple's iPhone and Android-based smartphones. RIM was up 11.8 percent at $11.47, after earlier climbing more than 14 percent.

S&P 500 futures rose 5 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 38 points, and Nasdaq 100 futures were up 14 points.

The S&P 500 was poised to break a two-week losing streak, having gained more than 2 percent this week so far. Stocks had tumbled earlier in the month on worries about the impact of tax and spending changes to take effect from January, but hopes that politicians will reach a deal to avert the so-called fiscal cliff helped the market recoup some of those declines this week.

Investors will likely focus on the retail sector as the holiday shopping season begins, looking for signs of how much consumers are spending as stores offer Black Friday deals and discounts.

Shares of electronics retailer Best Buy Co were up 1.6 percent at $11.75, while J C Penney gained 2.4 percent to $17.67.

Black Friday, the day after Thanksgiving, kicks off the U.S. Christmas shopping season for retailers and is often the busiest shopping day of the year.

The U.S. Federal Reserve's securities portfolio has not reached a level where it would hold back the central bank from its bond-buying programs, John Williams, the president of the San Francisco Federal Reserve Bank, told the Wall Street Journal in an interview.

The Fed launched its latest stimulus program in September, saying it would buy $40 billion a month in mortgage-backed securities until the labor market significantly improved.

Overseas, German business morale surprised with its first rise in seven months in November, offering hope that Europe's largest economy could regain some momentum.

(Editing by Bernadette Baum)

Source: http://news.yahoo.com/stock-index-futures-signal-flat-higher-open-093430195--finance.html

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Blog - Wave Accounting - Free Small Business Accounting Software

This post by guest blogger?Joshua Azran?appears as part of our series Small Business 500.?

tips for small businessAccounting systems are not simply meant for after-the-fact reporting to prepare the year-end Federal and State tax returns. Rather, an accounting system should proactively be used as a tool to manage the business. ?Failing to plan is planning to fail?. Though one may achieve business success without adequate planning, to maximize opportunities and minimize risk, ongoing budgeting, planning, and analysis using an accounting system is a necessity for any business. The following are five ways that accounting helps your small business generate profit:

1. Apply Pareto Analysis, or the 80/20 rule

The Pareto Analysis provides that 80 percent of outcomes can be linked to 20 percent of causes. This means that 80 percent of your revenues may often be generated by 20 percent of your products or services, and that 20 percent of your customer base may command 80 percent of your business resources. The question is: Are these the same products and/or services, and/or customers? To know which is which, who is who, and what this all means for your business, you will first need an accounting system. In this example, with clear information you can focus your time and your resources to achieve the best product mix while most effectively deploying your staff.

2. Take advantage of trend analysis

Numerous macro or micro-economic factors affect businesses, such as a change in the price of raw materials or a shift in buying habits. Whatever your business may be, trends need to be analyzed in order to make the necessary adjustments to either minimize a potentially negative impact, or take advantage of a potential gain. For example, in a seasonal business, perhaps it makes sense to accumulate inventory when prices are low during the off-season to serve your clients during the busy season. Accounting allows your small business to find profitable trends and capitalize on them.

Source: http://www.waveaccounting.com/blog/

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