If you want to get publicity in the media, and you want a surefire way to keep your press release from being ignored or thrown away, then listen to this:

A while ago I interviewed a true marketing genius who has sold over 500,000 special effects cookbooks (ie volcano cakes etc.), many of which have been sold as a result of using nothing more than free advertising. .

And one of his “secrets” to getting so much media attention is his special way of sending out his press releases.

Instead of faxing or emailing them, put your press releases in a big red envelope and use a thick black magic marker for the return address. And just write big letters all over it to make the envelope look really special.

The key, he says, is to use a big red, 8 x 10, #10 envelope and be completely outrageous.

The reason this works is because it’s the equivalent of a guy wearing a ridiculously big red suit walking into a room full of people wearing blue or gray suits. You have no choice but to look at him, see what he’s doing and see what’s going on.

And you know what?

This guy I talked to has never had a problem getting publicity. Even though he sends it to basically the same media outlets every year.

Giving formal deposition testimony can be stressful if you are not prepared. If you are anxious or insecure, those emotions will affect your appearance and may negatively affect your credibility. You may seem evasive or unable to remember, when in fact you are too nervous or too surprised. Here are some ways to maximize your deposition performance:

1. Watch a training video for witnesses facing depositions. There is nothing like “being there”. Your attorney must provide you with such a video upon request. Various companies produce these “getting ready” videos. The video must simulate a real deposition process. You should point out the pitfalls and opportunities on how to answer the questions.

2. Ask your attorney questions about the process well in advance of the filing date. What are the issues in the case, and how is the attorney taking the plea likely to address those issues in the plea? You can be sure that the attorney is looking for more than just information. She or he wants “admissions” that the attorney can use to make or defeat the case. An admission could be, for example, in an employment case, the answer “Yes” to the question: “Do you agree by this writing [Exhibit “A”] that you were an “at-will” employee?”

3. Listen carefully to the scope of the question. Answer only the question. Avoid blurting out long answers. They only invite more questions that go down paths you’d better have avoided.

4. Practice a mock deposition with your lawyer and let your lawyer “rough you up” a bit with aggressive or tricky questions. That is the best way to learn. Your lawyer should initiate such a preparation session, but if he does not, request it.

5. Whatever happens, stay cordial and courteous. Avoid being sarcastic or argumentative. Being rude or angry will cost you points with the judge or jury. Most statements are now recorded on video, so you can anticipate that your face will tell a story, just like your words.

6. Lawyers can ask the dumbest questions or the most complicated, complex and confusing questions. If you receive a question that you do not fully understand, do not answer the question. Instead, ask for clarification, explaining that you don’t understand the question.

7. If you need time to fully review a document filed with you in deposition, take the time. Don’t rush to answer questions about a document you don’t remember or haven’t fully reviewed.

8. Memory is notoriously poor over time. Don’t claim with certainty that you remember things that you can’t remember clearly. Say instead: “I don’t remember” or “My best guess is…” Avoid guessing.

9. Be rested and as focused as possible. Not be under the influence of medication. If you are tired during your bowel movement and can’t concentrate, ask for a break.

10. If attorneys object, allow them to complete the objection for the record and, unless your attorney tells you not to respond, complete your response. If the lawyers get into a shouting match or engage in a lengthy exchange of arguments about a point of law on the record, let them finish while you patiently wait for a question to be answered.

These ten points won’t make the process particularly fun, but they will give you a greater sense of confidence and control to complete the process favorably for your case. Unlisted is the best obvious advice of all: tell the truth.

I. Definition of Fixed Assets

Using the acronym TIME we can define a fixed asset quite easily. A fixed asset is tangible. It’s real property, you can touch it. Elements like goodwill are intangible. Goodwill is the amount that a person would pay over the actual value of a business because of its good reputation, location, or name. There is no definitive amount that can be assigned to the goodwill category in any transaction, as it is a subjective value.

A fixed asset is NOT an inventory! Granted, there’s a bit of license taken with this one, but otherwise the acronym doesn’t work. Inventory is not a fixed asset and should never be considered as such. Inventory is part of the Cost of Goods Sold account.

A fixed asset has a material value. I had a client at one point who tried to depreciate a $300 software package over ten years. If the asset is less than $500, include it as an expense, not a fixed asset. If it is over $1000, it must be depreciated. Arguably, the amounts in between can go either way depending on the asset itself. Ask your tax professional for the best advice.

The estimated useful life of a fixed asset is greater than 1 year. In other words, printers, computers, vehicles, buildings, they all last more than a year (unless it’s a Ford), okay, that was a joke. If the asset is not expected to last more than one year, it is not a fixed asset.

II. Fixed Asset Cost

Go to the List menu and click Chart of Accounts to open it. Press CTRL and N for a new account and select fixed assets. Ideally this is done in the year of purchase when entering Quickbooks, if not, click on the opening balance and enter the cost of the fixed asset at the time of purchase.

I find it helpful to create a fixed asset account for the item and enter the cost and other information in a subaccount under that item to help keep track of everything in a more orderly fashion, which helps if you have more than one. fixed asset. It is important to use the full cost amount, not the financed amount, since depreciation is based on full cost; we will discuss the amount actually owed later in this article.

third Accumulated depreciation of fixed assets

Vehicles can be depreciated after 5 years from the date of purchase. Computers and certain tools can be depreciated over 3 years, since they don’t usually last 5 years. The buildings can be depreciated over a period of 27.5 years. The different kinds of depreciation include straight line, double declining balance, etc. and would be the subject of a new article. (Depreciation vs. Section 179 – coming soon)

Create another fixed asset account, again in a subaccount under the item, and name it as shown below:

Vehicle

vehicle cost

Accumulated depreciation of the vehicle

If the item description is too long, Quickbooks will abbreviate it for you, just make sure you understand what it’s for, Vehicle – Acc. Dep would work just as well. Accumulated depreciation is entered as a negative figure that reduces the value of the item being depreciated. With vehicles you need to calculate what that vehicle would be worth in 5 years, you can use http://www.bluebook.com to find a 5 year old vehicle of a similar make and model and use that figure.
In other words, if your $20,000 vehicle will be worth $5,000 in five years, you depreciated the difference of $15,000 over that five-year period, which would be $3,000 of accumulated depreciation per year. (or $250 a month if you want precise accuracy throughout the year. It’s best to use records to enter accumulated depreciation, no payee is needed as this isn’t a monetary transaction here, you’re just removing the value of the fixed asset and assigning it to an account.

IV. depreciation expense

The account you use to allocate accumulated depreciation is the depreciation expense account. And again, I find it helpful to make Depreciation Expense the main or parent account and create a subaccount for each fixed asset that you’re depreciating so that you can keep track of the useful life of each fixed asset and the amounts that are depreciated. This will help you keep a good eye on fixed assets that you will need to replace soon.

V. Fixed assets and accompanying loans

Most business owners do not have the capital to pay cash for their fixed assets, and in many cases, it is not in their best interest to do so. So how to handle the loan? Go back to the chart of accounts and press CTRL N to create a new account that will be a long-term liability account. Enter the amount you still owe as your beginning balance and your due date. Still using the vehicle example, it would be:

vehicles

Vehicle loan – 20000

Enter an invoice for the payment amount when you receive it. And check the breakdown of the interest you’re paying versus what’s actually going towards the beginning of the loan. Apply the principal amount to the auto loan account on the check or bill, and if you haven’t created an interest account, do so. Break it down by each item or fixed asset for which you pay interest. This would not be the place to put the credit card interest, make sure it is in a separate category.

Interest expense 2338

Vehicle interest 350

Team interest 888

Construction interest 1100

Credit card interest 430

Every time you write a check, the principal amount must be deducted from what you owe on the vehicle, and the statements sent to you must reconcile very well.

Just a note to those who are financing a car through a credit card company, make sure you don’t record this as a credit card payment, make sure the fixed asset information is entered and accurate, otherwise it could lose the benefit of depreciation. expense that is deducted from your taxable income. And keep an eye on credit card financier fees, as they tend to fluctuate wildly in everything from the interest paid to the fees they charge you for the privilege of paying for them over the phone or online. This is money that is not going to pay for the vehicle and is more detrimental to your financial situation than advantageous.

Several of these companies have been guilty of adding unnecessary fees to make loan repayment extremely expensive. One company in particular has a payment office in Miami and another in San Diego. Where does a customer have to send their payment in Miami? San Diego. Because? Because there’s a higher chance that you can be charged a late fee, even if the payment is mailed on time. They are predators, so be careful!

Fa i ta tor (plural fa cil i ta tors) noun

1. Someone who allows something to happen: someone who helps or assists in a process, especially by encouraging people to find their own solutions to problems or tasks.

2. Meeting Planner: Someone who organizes and provides services for a meeting, seminar, or other event.

That’s what an online dictionary says an “enabler” is or does.

An excerpt from a project management training manual says this:

“There are stages to team development and you should be able to determine the current stage and how to get to the highest stage. If you can’t make the determination, you should call a facilitator. A facilitator is to assess team dynamics or development stage They should also be able to give suggestions on how to get to the next level. forming (very little or no work is being done); assault (very little or no work is being done); Norman (first time significant work is done); and running (The highest stage and the work happens efficiently).”

Seemingly the standard perception of the profession of a facilitator is like a firefighter called in to put out a fire that has gotten out of control. Unfortunately, there is no professional qualification such as “Project Facilitation Professional – PFP” (yet) to help us narrow the field to find the best facilitator for our project.

However, one thing that a PM can do in their search for an effective facilitator is to use fundamental behavioral research to approach the problem in a different way: “You can’t do things the way you’ve always done and expect different results.” If we want to find a facilitator who can be more than just a “firefighter” when team development struggles, we will have to reconsider many things:

• The way we see the facilitation process as a whole
• The way we look for a facilitator
• Review what we expect of him or her
• Reconsider how we structure your relationship with the project.
• The way we see the facilitation process as a whole

The sooner the Project Management Body of Knowledge (PMBOK) admits that a project is an organizational microcosm focused on people doing work rather work that people dosooner it will become apparent that an organizational development specialist (the future PFP) needs to be a member of the team from the start, and not just on call in case of a fire.

If we take enough time during project initiation to look at the people first and lay the groundwork for effective interaction with each other, the job will almost get done just because these are technical professionals. (If they weren’t, why would they have been hired?)

But if all our focus is on the work while the people doing it are an afterthought, it’s no wonder we get a stage of development called a “storm”! The very fact that we name it is an admission that the work, not the people who do it, is foremost on our minds.

Wouldn’t it be much easier to do things from scratch? that prevent fires instead of having the firefighter waiting because we assume that sooner or later we will need him?

The way we look for a facilitator

We can quickly narrow the field of applicants if we approach the dilemma of facilitating the selection from another perspective. let’s see the big project the image first before we see the facilitator part.

Take a moment and write down your definition of a successful project. Not for a specific type of project, but rather for a general model. Many PMs will write something like: “Project success means that all deliverables and results were as promised. All expectations were met and we are paid by the client.” (You can add the boilerplate comments about “world class,” “cutting edge,” and “industry hater” later, if you like.)

Now suppose you added this sentence at the end: “Everyone involved agrees that we would like to work together again as soon as possible!”

Would that make any difference to your criteria for selecting a facilitator, what you would expect from him, and whether he would be a semi-permanent part of your project or just a helper when the fires got out of control?

I add this line because I have seen projects in the past that, by the definition of all deliverables, promises and expectations were met and we were paid by the clientthey were successful, but the participants were eager to get away from the site and vowed never to work together again.

If that were a twenty-four month project, the team members would have wasted two years of their lives that they want to forget as quickly as possible. How could an experience like that be considered “successful” for anything other than meeting contractual specifications and getting paid?

But, if we broaden our definition of success beyond the contractual aspect of the project and look forward to working with that team again, the last two years could become fond memories that we want to re-experience.

How might “warm and fuzzy” feelings like those from a former customer, vendor, or other project manager enhance your career as a Project Manager? (If you’re not sure, just consider the opposite position: what professional impact would it have on you if the former project managers thought you were an absolute disaster from a relationship perspective and never wanted to see you again?)

If you agree that revising your definition of a successful project should include that extra phrase, you now have a very focused and insightful question to ask facilitator candidates: “How, specifically, would you design a team-building process for duration of our project? Would that make the team members want to work together on another project as soon as possible?”

Some of the topics they should be able to discuss (and provide implementation details if you want to know more) are:

1) How could you help us prevent (or reduce the impact of) these disadvantages associated with a typical project matrix organization?

a) Team members with little or no focus on the project

b) Team members with greater motivation and innovation.

c) Double report

d) Supervision and control of performance

e) Lack of alignment of objectives with management

2) How would you help us develop a value system within the project team that guides how we work with each other?

3) How would you help us shorten (if not completely eliminate) the typical development cycle of a team through the formation, storm, normalization stages and quickly getting to the performance stage?

4) How could you help us to avoid or overcome these typical communication barriers in a project?

a) Educational levels

b) Perceived social status

c) Attitudes

d) Different values

e) Working pressure

f) Conflict of priorities

g) Frictions and interdepartmental conflicts

5) What products would you deliver from a project “kick-off” meeting? What would the agenda contain? Who would you suggest attend? How long should it work?

Review what we expect from him or her

Just as a project is likely to have technical experts available on an as-needed basis, the facilitator is the project’s “organizational development” expert and their input should be valued as much as other technical experts.

They may be designing the development, interaction, monitoring and measurement components of the team during the project initiation stage while other technical experts are working on their scheduling, estimating, procurement, etc. components

I was recently looking at an RFP for a facilitator on a construction project that read, in part, “Tell us what you would do in an initial meeting of no more than a day and a half and we anticipate one, or two at the most, additional meetings during the project.” “.

Essentially, that’s what I’m talking about in rethinking how you, as a PM, look at a facilitator.

Instead of defining the scope of the project’s requirements for facilitation services and asking, “How would you meet our needs?” and by allowing the facilitator candidates to respond, the PM was telling the facilitator how long it would take him to do his job.

I suggest that if PMs don’t tell engineers, architects, accountants, or any other project professional how to do their job, they shouldn’t tell the facilitator how to do theirs either. “Define the scope and I’ll give you a budget” is the way a company bids a project. It is also how the PM should negotiate with a facilitator.

It should be obvious by now that the facilitator should be a member of the project team from the start rather than on call in case there are problems. This does not mean that the facilitator needs to be there full time, but rather that he needs to set a schedule (time and price) that he can live with and that will get him the results he wants. After all, his success means their success: all he has to do is tell them what he wants and let them do it.

Quotes inspire us to make good decisions. They boost our inner spirit. Life without motivation is like sitting in a dark room with a lot of fear inside. People often work like a robot and are afraid to dream big. God has given us this life to accomplish extraordinary things. We all have all the qualities and capabilities to achieve anything. The only thing we need is a correct guide.

So here are some of my favorite short quotes to make you realize the magic of motivation in life.

“For every dark night there is a brighter day.” -Tupac Shakur

This beautiful quote describes how to start the day. The good times and the bad times keep coming and going. So always remember that there is a bright day after a dark night. You must be optimistic enough to think on the bright side. After your hard work, success is bound to come. So never give up and keep doing your best. Always love your job.

“Everything we are is the result of what we have thought.” -Buddha

Everything we receive is the result of our thoughts. All achievements are the result of our attitude and power of thought. Miracles happen in our mind, so think high and work hard. Do not rest until you achieve your goals.

“Our truest life is when we are in waking dreams.” -Henry David Thoreau

Dreams give us a vision to work with. A dreamless person is as good as an animal. So the best in life comes when you look at big dreams with open eyes. Dreams keep us inspired. All the great achievers in the world were great dreamers. They dreamed of impossible things and worked hard to make them come true.

“Impossible is a word found only in a fool’s dictionary.” -A stranger

Nothing is impossible. Every task needs passion, positive energy and willpower. A long time ago traveling in the air was impossible but today we can do it. We can fly in the air. So impossible is nothing. We have reached the moon. We all have all the powers to do anything we want. We just need to wake up and motivate ourselves to realize our hidden talent.

“Our greatest glory is not to never fall, but to get up every time you fall.” -Anonymous

Failure and success are part of life. Many people give up after facing failure. But they shouldn’t do that. They must get up and try again with double their energy, because now they have gained more experience. Never forget that failures are the pillar of success.

So do your best to achieve your best with motivational quotes and proverbs. Life is a great teacher. Learn from him and be a true winner.

Do you want to print new business cards? There are two important things to keep in mind before you go looking for a good printer to do the job for you. These are the print quality and the price of the business card.

Here are some tips to help you get the quality you want at the best prices on the market. Now, both factors are correlated, as you will see in the last part of this article.

The price

The price depends on a number of factors. Let’s discuss about them one by one.

paper quality

Well, do not use recycled cardboard paper to make a business card. Business cards made from recycled paper may look more modern than plain ones, but they also look much more casual. These business cards, in addition to having low overall quality and, of course, low price, are not suitable for people representing corporate businesses, but can represent event management corporations, music production companies, and other “informal” businesses with a lot of energy.

Use raw natural paper, preferably laminated to make a business card for members of corporate houses. These can be a bit pricey, but they will serve your purpose perfectly.

colors

The colors will not influence the prices much! However, unusual colors, especially metallic colors, will be expensive.

Photos

Putting images or graphics on the car will cost you more, much more! You will need to check prices in your vicinity at a local print shop.

monochrome printing

Monochrome printing is the hot trend these days. More and more people are opting for trendy monochrome business cards. Why? They look great and are half the price of other color print cards.

print quality

The quality of the printing will depend a lot on the type of printing company you hire. Apart from all the options available in the physical world, you should know that card printing can also be done with the help of online card printing shops. These online stores are not only capable of creating exquisite cards for you, but will also help you select the right designs and types of paper.

While you’re in the physical world, you may need to get your card from one place, get designs from another, and print them somewhere else; You can do all of these things in a number of card printing solutions available online.

online printing costs

Well, contrary to what you may be thinking, the cost of making your business cards online will be much less than what you’ll pay in the real world. The Internet makes the world very small and businesses very, very competitive!

Choose a trusted online source only. Do some reference checks if necessary. Compare the costs with all the other online stores serving your neighborhood and take a look at the past work done by all of them.

We hope this article helps you make the right decisions! Jump online for more ideas!

“Accounting and finance professionals need to start thinking in terms of underlying business management solutions, not just in terms of ‘accounting’ or ‘financial statement’ applications.”

Source: AICPA Journal of Accountancy Report May 2006

Many small businesses want to increase revenue and preserve profit margins. But doing so can be difficult without a comprehensive view of the entire business, from finances to customer relations. And when companies run accounting-only software like QuickBooks and processes aren’t linked together, it can be difficult to determine where to cut costs or when to expand into new markets.

Today’s small and medium-sized businesses face challenges that drive technology decisions. Current technology must:
– Provide quick access to accurate business information
– Being able to accommodate global transactions as our world gets smaller
– Keep up with the speed at which things happen in business today.
– Help you be proactive – helping you look ahead

So when should companies move from an accounting-only application to a more real ERP? Based on conversations with hundreds of small businesses in the Midwest and on companies that have migrated from QuickBooks to SAP Business One, your guides for a change may be any combination of the following:
– The company is hiring more employees in roles such as sales, purchasing, inventory control
– The company has disparate data sets and uses spreadsheets to manage operational areas.
– Business is ready to go public and needs a system with more financial rigor than QuickBooks
– Business needs stronger inventory management software
– The company is preparing to offer online shopping as another sales channel and realizes the benefits of integrated e-commerce.
– Business is expanding to multiple locations.
– Business is going global and needs multi-currency capability

SAP Business One is a great next step in technology after low-end accounting solutions like QuickBooks for many small and medium-sized businesses. It’s not for everyone, but it’s a good option for businesses that are:
– Who are engaged in wholesale distribution, service, retail or light manufacturing
– The company has annual revenues between $5 and $100 million
– The company has between 1 and 100 employees

SAP Business One software is a good next step, helping these companies run an entire business from start to finish across sales, customer, purchasing, inventory, operations, finance, and human resources functions in one integrated system. . Offered in on-premises deployment or as a hosted or SaaS model.

Most entrepreneurs and top executives completely miss out on one of the most powerful branding strategies available on today’s market… creating your own personal brand. Most people in business understand the need to build brand equity at the corporate level or for products, services, intellectual property, etc., but very few understand the substantial benefits that are created by increasing the value of your personal brand.

As you read newspapers and periodicals, listen to media interviews on the radio, watch guest appearances on television, and see who gets the invitations to speak, you’ll notice that it’s typically those professionals who have positioned themselves as innovators and thought leaders. opinion through a carefully managed strategy. personal branding campaign These people may or may not have something more to offer than their peers other than the fact that they knew how to brand themselves as subject matter experts.

Picture a very successful, high-profile company in your mind, and you’ll likely find that its executives have not only established themselves as leaders within their companies, but are also perceived as industry heavyweights and power brokers in the marketplace. outside world. When a company’s top executives are seen as subject matter experts and leaders outside the company, they become more valuable to the company. It is a true win-win scenario in the sense that the executive who knows how to manage his brand equity in turn increases the brand equity of the company. Because the corporation benefits from executives’ ability to brand themselves, they are willing to pay more for their services and work harder to retain their talent.

Regardless of how you feel about the following list of people, you must agree that they have done a remarkable job of building a personal brand that has many times resulted in the creation of modern day empires. Think of Warren Buffet, Oprah Winfrey, Donald Trump, Bill Gates, Michael Dell, Sam Walton, Ted Turner, Richard Branson, Steve Jobs, and many others, and you’ll quickly see how powerful a strong personal brand can be. In fact, spend some time browsing through the Forbes 400 and you’ll find that you recognize a lot more names than you don’t… Look at a list of Fortune 500 CEOs and you’ll be surprised at how many of their names have become stalwarts. personal brands. . Look at the Inc. 500 or Entrepreneur Hot 100 lists and you’ll see several strong personal brands developing.

The reality is that most of us will probably never achieve iconic status, nor do we really aspire to that end. However, increasing your personal brand value is good for adding value to your company’s brand, leveraging your purchasing power, and improving your job security and/or marketability. Personal branding is much more than an ego game; it’s smart business. If you don’t know how to create a strong personal brand, the following tips will help you get started in the right direction:

1. Make those around you successful. While some personal brands are built at the expense of others, or on the backs of others, the most respected personal brands are built on the success they have created for other people. Think “selfless” instead of “selfish.”

2. Hire a coach or mentor. This is something many successful people struggle with, as their pride can be a barrier to seeking wisdom and advice from others. However, this is one of the best investments you can make to build a powerful, sustainable, and respectable personal brand.

3. Invest in Continuing Education: Well, you already have a six-figure median income, run your own (or someone else’s) business, and are busy… The sad truth is, it’s a lot easier to get to the C-suite to stay there. You will only stay in the corner office if you continue to refine and improve your skills and competencies. Never sacrifice or give up learning because you think you don’t have time or, even worse, because you think you already know everything.

4. Learn how to work with the media or hire someone to do it for you. When it comes to the media, you only have three options: a.) you can try to stay invisible, but anonymity won’t help you build a brand; b.) you may be a target for the media and while controversy is not always a bad thing, it causes more unnecessary brain damage than you probably want to incur, or; c.) you can be a friend to the media and serve as a subject matter expert who is available as a resource to the media… While the choice is yours, I would personally recommend option C.

My advice is simple… find a good coach or mentor and start building your personal branding strategy yesterday… you’ll be glad you did.

Payday loans, often called salary loans or cash advance loans, are short-term loans of relatively small amounts, provided with the guarantee that they will be repaid as soon as the borrower receives his salary or payday. I pay. Payday loans are generally for a one to two week time frame as they are borrowed out of instant need for money and need to be repaid after the next salary arrives. Borrowers must provide a post-dated check for the amount to be paid to lenders. If on the specified day the borrower does not receive the cash amount, the lenders are eligible to deposit the check into their respective accounts, which in case of bounces may result in an increase in the amount paid due to check bounce penalties . with the effect of having expired the notice period. Borrowers can also use electronic means to receive and pay the amount.

Who is eligible to get payday loans?

Borrowers must have a bank account and a steady source of income with their IDs to get a payday loan, which ensures that the person is trustworthy enough to repay the loan amount, since they are employed and earning.

payday lenders

Payday loans are provided by some payday loan store or stores that provide other financial services. In order to avoid unreasonable and excessively high interest rates on these loans by lenders, some jurisdictions limit the APR, that is, the annual percentage rate that any lender can charge.

Payday Compensation and Reimbursement

In some cases, the payday loan turns out to be a lifetime burden as it can reach a point where it becomes impossible for you to repay the full amount you borrowed as the amount becomes unaffordable. This case usually arises when the interest rates are getting higher and higher and you are unable to pay the final amount each time. The amount usually becomes unaffordable when the only way to pay it back is to take out another loan. Sometimes, the company is responsible for the situation, since it gives a loan to a person who is already trapped in other loans, or who is not in an adequate financial situation; in such a case, the person can request a refund or compensation, after proving that the company did not treat him fairly. Dealing unfairly means suggesting wrong ideas, plans or schemes, which led the borrower to a stage where he is surrounded by financial crises.

The borrower can prove that the company was responsible for the amount becoming unaffordable to him, since he lends the loan, even after looking at the bad check records and the financial status of the borrower, the amount is now so large that he consumes more than half of his income, making it impossible for him to pay. The borrower can therefore request compensation or refund of the amount.

The question that arises now is what amount should be claimed as compensation, this totally depends on the current situation. Was it fully clear to the lender that the amount is becoming unaffordable to the customer? And if so, why did the lender keep lending money? The amount from which the loans provided were too high for the consumer to repay must be repaid or compensated.

Although the customer is not likely to get a full refund, they can ask for as much as they can and let the courts decide more. The customer can first simply request that the unaffordable loans be removed from his credit account and all interest paid back to him.

A company’s reasons for deciding to go public often include the ability to gain access to capital markets for financial expansion and acquisitions. Typically, they have spent many years reinvesting profits and guaranteeing loans, and rather than sell themselves out, they want to stay with the company and be a part of its future growth.

Even if your business is suited to floating, it may not be the right option for you. There are a number of key advantages and disadvantages to weigh:

Advantages:

o You gain access to new capital to develop the business

o A float makes it easier for you and other investors to make your investment

o You can offer employees additional incentives by granting stock options

o Being a public company can provide customers and suppliers with additional reassurance

o Your company can gain a higher public profile, which can be good for business

o Having your own shares traded gives you greater potential to acquire other businesses, since you can offer shares in addition to cash

o Personal guarantees from directors are generally not required for loans.

Disadvantages:

o Your business may become vulnerable to market fluctuations, which are beyond your control.

o If market conditions change during the float process, you may need to abandon the float.

o Floatation costs can be substantial and there are ongoing costs as well, such as higher professional fees.

o You must take into account the interests of shareholders when running the company, which may differ from your own objectives.

o You may have to relinquish some administrative control of the business and ultimately there is a risk that the business will be taken over.

o Public companies must comply with a wide range of additional regulatory requirements and adhere to accepted standards of corporate governance.

o Managers could be distracted from running the business by the demands of the floatation process and dealing with investors afterward.

It usually takes 6 months for a company to be publicly listed on the stock exchange, although the time period can vary from 3 months to 2 years. You’ll need a variety of professional advisers to help you with the legal, financial, accounting and valuation aspects of public listing, as well as prospectus preparation, share underwriting and assistance with initial public offering plans.