Month: October 2018
Business Start Up Check List
Starting your business is a busy time in any entrepreneur’s life. Vital steps could be easily unnoticed until you’re well into the process. To assist entrepreneurs in getting their businesses set up efficiently and lawfully, here is a checklist of steps that all businesses need to include.
1. Developing a business plan
A business plan will assist you to focus and organise your thoughts about what resources your new business will need, how it will sell its goods and services (and in what markets) and when you can anticipate the business to turn profitable. Numerous businesses fail since people begin them with absurd expectations and only vague thoughts about how to accomplish them. Most successful entrepreneurs are disciplined people who look carefully at strengths, weaknesses and numbers prior to devoting their time and capital to a new business.
2. Decide on a effective name
You’ll need to choose a name for the business. If you are going to operate as a sole trader, this could constitute as simple as your own name, or some variation on it. If you would like to use a corporate name, you’ll be required to ensure that the name isn’t already occupied.
3. Choose an suitable legal structure
The nature of your business and your medium-to-long-term plans for it will play a great part in the legal structure you select. If you operate in a relatively low-risk sector and plan to supply all services personally, then you may wish to set up business as a sole trader. While if you are planning to float on the stock exchange inside six months, you may wish to set up as a PLC from the beginning. The majority of businesses will come someplace in between and use a partnership or limited company structure.
4. Appoint advisors
Most businesses require some degree of external advice. For some, a basic bookkeeping service may suffice, whereas other people will require a wide range of solicitors, accountants and additional advisors. It’s worth investing some time in researching and choosing a team of advisors that you’ll be comfy working with, and who are likely to be able to meet the needs of the business both at start-up and over the longer term.
5. Obtain financing
Numerous businesses fail for lack of capital. You need to be realistic about what level of investment the business will need and have some idea as to how it will get it. Many businesses find that a working capital line of credit is extremely useful, as it is sometimes difficult to match the timing of necessary expenditure to cash flow — but bear in mind that lenders frequently require personal guarantees for new businesses, even if they are to be set up as limited companies.
6. Research applicable regulatory requirements
Know the law that applies to your industry. If you’re starting a transportation business, for example, you need a thorough understanding of the regulations that will affect the business and — crucially — how much it is going to cost to comply with them. In some areas, the regulatory regime is onerous and requires a lot of time and attention during the start-up phase (although your consolation might be that such regulation also acts as a barrier to entry that might limit your competition).
7. Find business premises
For many businesses, premises are both a major expense and a substantial part of the business’ identity (in the case, for instance, of a retail shop). You need to survey the relevant property market carefully in planning your business and prepare for the unexpected. If the ideal location is crucial to your business proposition, you may want to retain a commercial property consultant to assist you in securing the right premises.
8. Review health and safety arrangements
Virtually all businesses must comply with some degree of health and safety regulation. If you’re looking to do business in a sector where health and safety compliance plays a significant part, then you will need to learn about it in advance, and perhaps get some professional help. If your business is a labour-intensive one, then you should expect health and safety matters to be a substantial area of concern.
9. Identify suppliers
Most businesses rely heavily on their suppliers, be it in terms of quality, reliability and/or performance, as well as — perhaps most significantly — credit terms. Some suppliers will, in effect, finance a business by providing raw materials on terms that enable the business to turn them into sold finished goods before they have to pay the supplier. Others will want to be paid up front. This can depend on factors such as industry practice and the creditworthiness of the purchaser. In planning to start a business, you will need to know what to expect and if your business is going to rely on certain key suppliers you may want to enquire in advance as to how the relationship will work.
10. Recruit employees
When your business takes on an employee, even a single casual part-time worker, it is making a significant commitment. The commitment is not just to the employee, but also to various other parties, such as HM Revenue & Customs (HMRC), who have an interest in the employment relationship. Once you recruit an employee, you are obliged to comply with a wide range of employment regulations and other laws, and you must also account to HMRC for PAYE deductions. Make certain you know up front how you’re going to comply, and in particular how you’re going to carry out the mechanics of payroll, etc.
11. Acquire insurance coverage
If you have one or more employees, you must acquire employer’s liability insurance coverage. In addition, there are a range of other insurances you may need or want, depending on the nature of your business and your industry sector. A good commercial insurance broker can help you with this.
Commercial Property Loan How to get it Approved
Commercial Property loan is obtained through several basic requirements that are somewhat different from the residential mortgage loan requirements.
When you invest in a piece of commercial estate, you generally have to take out a mortgage to pay off the cost, just like with a residential purchase. Yet, the factors determining whether or not you will be approved for an investment property loan are somewhat different and the requirements are more demanding. Commercial mortgage lenders will look at several financial aspects including a property appraisal, a credit check, the down payment, and the Debt Service Coverage Ratio.
A property appraisal is required to determine the market value of the commercial building and accompanying land. The appraisal keeps the lender from inadvertently loaning you more money than the real estate is worth, thereby reducing the risk of loss for the lender. Appraisals are also conducted during residential home purchases, but the price-deciding factors are different. A commercial property’s value is based not only on the condition of the roof, the plumbing, and other systems, but also on the size, location, and accessibility of the place.
With an investment property mortgage loan, you will also need to demonstrate a good credit record. Of course good credit is a plus in residential mortgages, but because commercial properties generally cost much more than the residential properties, the credit requirements tend to be more stringent. In addition, checking your credit history and score, lenders will want plenty of income and asset documentation to make sure you will be able to make your mortgage payments. If it is your own business that will occupy the business space, the lender will want the proof of the profitability of your venture.
Down payments are another determining factor in whether or not you will be approved for a commercial property loan. In the residential world, borrowers can often get away by contributing very little and sometimes even nothing up front in the form of a down payment. The big price tags on official and business properties, however, makes lenders very cautious as the risks are much greater. Large down payments are usually required for an investment property mortgage loan, with the minimum being 20 percent of the price. In many cases though, the average seems to be a down payment of 30 to 45 percent. You are then provided with the loan of the remaining amount of the purchase price. The amount you are loaned compared to the actual price is called the Loan to Value ratio (LTV) and is a very commonly used percentage in the mortgage world.
Finally, you will be approved for a mortgage based on the Debt Service Coverage Ratio (DSCR) of the commercial real estate. This is the amount of money the realty generates each month from rents and other fees (the net cash flow) versus the amount of the monthly mortgage payment (the debt service.) This ratio helps lenders to determine how much you can reasonably afford to pay on your commercial property loan each month. Most like to keep the ratio between 1.1 and 1.4. A ratio of 1.4 means that for every dollar you pay in mortgage payments, your property should be generating $1.40. Your revenue would therefore be larger than your debts, and you would theoretically be able to repay your loan.
Certain commercial lenders may have additional loan requirements, which are not listed here, but the basics remain the same for all. Be sure to shop around and ask each lender how he or she determines its approval. You can be competitive in the commercial property loan market by doing your homework and coming fully prepared to the negotiating table.
Acquiring commercial property loan is not an easy task as there are many stringent and basic requirements to be fulfilled prior approval. For detailed information on investment property loan and lucrative commercial property dealings, you can visit, http://www.kiscl.com.
Condominium Conversions, Myths And Reality
Let us examine, what the prospects of condominium conversions in the coming years are and how recent trends affect its popularity.
The reason why most people prefer owning a condominium rather than paying rent every month is that they can save a lot of money in real estate investing. All they have to do is to make an affordable initial investment and they can get rid of paying monthly rents. The overall prices are very low. However, Condo units do not allow the buyer to maintain his/her own lawn and garden, and other amenities like pools. But, the overall percentage of such people is very low, and there is a huge number of buyers in the real estate investing market who do not mind the presence of neighbors, and in fact, who love the active participation in community events.
Now, let me talk from the point of view of investors. Real estate investors have got an inexpensive but much more effective way of increasing their bank balance in the form of condominium conversion. True, they do have to pay a premium for the real estate investing properties. Still, the overall cost of purchasing an apartment and turning them into Condos by renovation is far less expensive. Therefore, it is worth paying a premium for properties. Again, the buyers are available in the market and you can convince them easily to buy the same. Eventually, you get a huge return that not only covers your expenditure for the premium but earns you more than you could have earned by means of other real estate businesses.
Recent trends are leading the real estate investing market to a rising-rate environment. It looks like very soon buyers will not be able to get mortgage at low interest rates. Affordability of the price was the biggest advantage with condominium units, but if the price becomes unreachable, how will the converters sell their Condos? Thus, not only will the buyers lose a great opportunity of owning their own house, but even the converts will face a big loss. Since the renovation of the real estate investing property costs much, in such cases, they might also have to bear losses. Eventually, this may force them to stop turning apartments into Condos, and investing in the renovation of the same. It clearly means the end of the Condos conversion boom.
However, all this is not very practical. You should not take it as representing a threat to the Condo conversion business. Even if mortgage rates increase, it will not stop real estate investing buyers to purchase Condos. After all, who wants to pay rent all their life? People want their own houses, and whatever be the circumstances, Condos will still be the most affordable option for them in the contemporary market. In fact, if you look around, converters are highly excited with the heavy returns they have earned from the condominium conversion, and they are in no mood to quit. Moreover, in all the major cities all over the world, it is now almost impossible to find any location for new development, let alone a prime location.
Therefore, the future of condominium conversion is bright, and any rising-rate real estate investing market is not likely to affect the popularity of Condos.
Steel Kit Homes The Best Choice
Many people dream about building their own home, but are intimidated by the cost. Constructing a traditional home requires considerable time and expertise-whether one does it themselves or hires someone else to do it. Steel kit homes have emerged as an option to the traditional home. Steel kit homes are cost-effective and much easier to construct than a wooden house. Steel kit homes are shipped in one or two loads and assembled on site. These houses are strong, sturdy, fire retardant and 100% termite resistant. Steel is becoming popular in many applications thanks to its durability and the fact that it is recyclable.
A kit home can be modified to suit ones budget and personal needs, and modified to the particulars of a site, neighborhood or environment as well. A kit home is a particularly excellent option for Australians because it allows them to own a home created in their personal style.
Naturally, those interested in building a steel kit home will also have to purchase the land on which the home will be built. Not to worry; the price tag is still much lower than that of a conventional house. Financing is available for all kit home designs, thereby helping one to build their dream home.
A number of kit home designers are available in Australias Queensland, NSW and Victoria. All Australian kit home companies will provide you with the complete kit home package. This includes all kit home building materials, all appliances and fixtures for kitchen, laundry and bathroom, all fittings, insulation, tiles, paint, electrical and plumbing kits, even a set of tools to help the owner build their own home. Kits can cost up to 40% less than conventional home construction because:
* Frames and materials are mass produced
* All components are cut to size and pre-marked at the factory
* Delivery of all the components comes in one or two loads
* Fast, relatively simple construction-many pieces just slot together
* No architect service costs
* No special tools or heavy equipment required
If youre thinking of building a new home, steel kit homes are a good decision for quality and price.
Commercial Property Investment Values Remain Stable
Investing in real estate has generally been considered as a relatively safe and profitable venture. Over the past few years however, the housing market has proven it is not immune to volatile ups and downs nor it has been safe from speculators and scheming fraudsters. Fortunately, during the same time, commercial properties have largely escaped the chaos and ruin that the residential market has experienced.
In fact, a recent study by Deloitte Consulting LLP, a subsidiary of the financial accounting firm Deloitte & Touche USA LLP, found many reasons to believe that commercial values are fairly consistent, making them a great real estate investment choice.
-In prior boom cycles, commercial real estate has responded by overbuilding. The industry has clearly learned its lesson because this time commercial real estate is enduring a credit crunch – not a crisis – partially because it resisted this urge. No doubt, the industry is in a strong position to withstand a recession, should one occur, and commercial real estate remains a viable investment option for those seeking to diversify and insulate their portfolios from market volatility,- said Dennis Yeskey of Deloitte’s real estate capital markets practice, as quoted in a press release on the company’s website. -Capital flow will return in 2008, with the exception of highly leveraged deals, and new opportunities are being sought in distressed debt funds, niche opportunities, and global markets.-
The -Real Estate Capital Markets Top Ten Issues – 2008- study found that although profits have been skimmed as the residential market has failed, commercial property investment values have held steady in many places, and have seen modest growth in others.
Plus, the surveys detailed, because of the shakeup in the housing market, mortgage underwriting rules that were also becoming too loose in the business world are now being examined and revised. The result is that investment loans will be safer, with less risk of fraud.
Another finding is that investment values have been strong in the office and industrial segment of this market, making them a much better investment at this time than retail properties or multi-family dwellings.
Additionally, funding for commercial property investment is much more readily available today than it is for residential real estate purchases. Of course, large down payments are still required as well as well-documented sources of income and assets, but the study found that lenders approve conservative commercial property investment loans quite often.
While some shifting of prices and expectations still need to take place, the study concluded that commercial market values have shown good stability and potential for pretty profits.
Going forward the study said, -Investors would do well to stop comparing CRE (commercial real estate) returns to the previous few years’ performance, and to take a closer look at how these returns fit into the bigger picture. Returns will probably be lower, but when compared to other investment categories (stocks, bonds, etc.), CRE remains an attractive investment vehicle due to its stability and opportunity for diversification.-
The Commercial property investment potential and analysis from KISCL will help you to get the complete resources and analysis on real estate and its dealings. Learn more on real estate, right here. Visit http://www.kiscl.com for more information.
Penis Exercises Don’t Yank That Thing Off Now!
Penis exercises are proven to increase your penis size by up to 3 inches, in some rare cases more. Use only a guaranteed penis enlargement exercise program, no tractors and chains guys!. Penis exercises are easy to perform, Yea! I know exactly what your thinking, just grab a magazine, beer and presto! instant growth huh? yea! we shoul be so lucky! there’s a bit more to it than that. It’s important that you understand as much as possible about the exercise and your penis because you can injure your penis if you try to do too much too soon, so make sure those girls in the magazine aren’t that good looking! These penile health exercises will help to improve the blood to your penis and this is important to achieve and maintain an erection. Penis exercises are usually done every other day. These exercises force blood into your penis using various techniques; this stretches and expands your penile tissues, don’t just start yankin your meat without knowing what your doing.
Penis exercises are much better with a good penis enlargement pill such as VigRX or VigRX Plus. The combination has a complementary affect that develops the greatest mass achievable! Just keep in mind fellas, we’re not going for the King Kong look alright? Penis exercises are completely safe to use even by men with diabetics, heart diseases, and high blood pressure. These solutions have proven to be 100 percent safe for all men even those under a physicians care. Penis exercises are usually performed with the use of your hands only, However, modern science has made even this easier thru the creation of extenders such as proextender which when in plase provides constant expansion of the penile tissue resulting in regrowth (the lazy mans method) These exercises help in increasing the length and girth of your penis and also in strengthening your penis.
Natural penis exercises are a safe way to help you impriove your penis size and ejaculation control, trust me on this one guys, it’s better if she goes first! then you let loose! then your the man! at least until you wake and found it was all a dream! The better you feel about your body, the more confident and? better lover you will be! Natural penis enlargement can be achieved without the need for evasive surgery, something about a knife and an over eager doctor that just tends to make my penis srivel right up into his sack. Natural should be one of your first choices for all your health related problems. As for penis enlargement, natural methods should always be your first choice, want faster gains? then consider pills and extenders.
If you exercise your penis, enlarging the cavernous tissue, and multiplying the caverns, the penis circulation will become better and better and you will never have problem with erection again, you’ll be able to bench press condominiums with that new thing!. Penis exercises are inexpensive and should be used in conjunction with trusted penis pills. Penis exercises are considered as the easiest and the cheapest penis enlargement method today. When exercised, the penis can grow in size as well as girth significantly just make sure once you decide to start, you stick with it untill your desired goal is acheived. ~F~ HAS SPOKEN!
Weekend Loans Uk No Risk For Availing It
There can be many times when one of us doesnt have enough funds left in the wallet and the needs are urgent to accomplish at the weekend. This is really very socking news for everyone since it is not possible sometimes to get the external fund especially when it is the time of holiday. However, there is nothing to worry today. Now, weekend loans UK are exclusive offer people of United Kingdom during cash shortfalls. These loans help all people to face financial challenges fearlessly.
In order to make pertinent funds through these loans, you have to go through some common grounds set by the lenders of weekend loans UK. In regard of criterions, you must attain the age of 18 years or more, you must be a permanent domiciled of United Kingdom, you are holding a valid running bank account and you are holding a permanent job herewith salary minimum 1000 per month. Upon meeting with these certain grounds you are an ideal candidate to enjoy these credits in stress free manner.
Theres discernment that bad credit people can not apply for these financial facilities. But this acuity is wrong. At this time, people who have poor credit scores can also apply for weekend loans UK with ease. There are many bad records which affect on your credit reputation and these poor credit scores can be CCJs, arrears, individual voluntary agreement, foreclosures, defaults, bankruptcy, late payments, missed payments, due payments and so on. This is because bad credit history is not a hassle today in order to avail a loan.
No faxing is also required and no pledging is also involved in the procedure of these loans. Reason behind of these absences is that weekend loans uk are endowed to people on the basis of their current income. Furthermore, they are short term in nature. For accessing the loan in as little as possible time you just need to go for online technique that is also known as application procedure you find it on the website of the loan for 24 hours. In application form you have to mention your right details and then, submit it. After confirming your details, the fund is transferred into your bank account earliest within 24 hours,
Under the provision of weekend loans UK you are allowed to obtain the finance in the range of 100 to 1000 for the repayment schedule of 14 to 31 days. You are also allowed to use the borrowed money for paying medical or hospital bills, credit card bills, sudden repairing of car, grocery bills and many more.
Joseph Kavana Is the Chief Executive Officer of Miami-Based K Group Holdings
Joseph Kavana was born in Uruguay in 1949 and has been residing in Miami since 1980. He has worked as an active developer and investor for more than twenty years in the real estate industry. Joseph Kavana is now serving as Chairman and CEO of K-Group Holdings, Inc., a leading real estate development company involved in various prestigious projects. For the past 25 years, K Group Holdings, Inc. has successfully evolved as an active investor and manager of strategically-selected companies throughout the world. K Group International Development, a division of K Group Holdings, is a diversified real estate investment and development company working in the United States and Latin America. The company is actively involved in the development of a project known as Yoo Punta Del Este in Uruguay and Yoo Nordelta in Argentina.
From 1980 to 2000, Joseph Kavana has served as Chairman of the Board and CEO of Sagaz Industries, Inc. The company manufactured and distributed soft goods products for the automotive industry. In a short period of time, under his expert leadership, the company became leader in the automotive aftermarket. In 2000, he sold the company to Pennzoil Quaker-State. He then created K Group Holdings Inc, driving force behind Metropica, a premier mixed use development in the heart of Sunrise, Florida.
Joseph Kavana was also involved in various land development deals such as Jacaranda West (Plantation, Florida) and Chapel Trail (Pembroke Pines, Florida), which represented more than 400 acres of land. Recently, he has made significant contributions in Sunrise, Florida where in 1994/95; he purchased 65 acres of land through Sawgrass Property Investments and Sawgrass 17 Acres Partnership. Joseph Kavana has an extensive knowledge in various asset classes including land development, commercial/retail, multi-family as well as industrial. Mr. Kavana is also active in several other real estate and development projects that spread across various properties and establishments. Check out the complete details about achievements of Mr. Kavana, by browsing through www.kgroupholdings.com.
Hgtv 2012 Green Home At Serenbe, Georgia
HGTV has chosen to build their 2012 Green Home in the Serenbe community, located just 30 miles southwest of Atlanta. Serenbe is a sustainable development in the rural community of Chattahoochee Hill Country. The HGTV Green Home fits right in with the building standards of Serenbe, where all homes are EarthCraft Certified. The community preserves 70% of its green space, and the buildings have a minimal impact on the surroundings.
The HGTV Green Home resembles a farmhouse, with a modern floor plan and eco-friendly features. The home has 3 bedrooms and 2 baths in 2,300 square feet. The contemporary kitchen has custom hickory wood cabinetry, stainless steel appliances, and a dual fuel range. The countertops are a terrazzo blend material which includes recycled glass. The main level master suite has its own private outdoor courtyard. The upstairs kids bedroom has a unique loft area for playing games and watching TV. The homes layout encourages outdoor living. The Georgia Room functions as an indoor/outdoor space with two walls of sliding French doors that open to the outdoor decks. The primary outdoor space at the Green Home is a large barbecue deck off the kitchen, complete with a built in barbecue and an outdoor eating area. There is also a courtyard off the living room, and a covered seating area off the detached garage.
The Serenbe community is designed with villages or hamlets, each one having residential and commercial property. The villages are connected by roads and walking trails. The entire community is pedestrian friendly, and green space protects the wetlands and watershed areas. Businesses located within the Serenbe community include restaurants, galleries, shops, a medspa, and a market. A 30 acre certified organic and biodynamic farm provides fresh produce for the Saturday market, which is held from May through October. Tours of the farm can be arranged. Serenbes amenities include an inn and conference center, an outdoor amphitheater, and a playhouse which offers three summer productions. A stable arranges guided trail rides, and bikes and golf carts may be rented.
The public may tour the HGTV Green Home from May 4 through June 24, 2012. Tours are given Tuesday-Sunday from 11am-7pm. The home is closed on Mondays. The tours last approximately 30 minutes, and ticket prices are $20. Proceeds from the tours support The Serenbe Institute and The Chattahoochee Hills Charter School. People may enter twice a day for a chance to win this fully furnished HGTV Green Home. Entries may be done online at HGTV.com and HGTVRemodels.com through June 1, 2012.
Benefits Of Custom Real Estate Website Design
Your best advertising tool to get your real estate property sold or rented fast, just might be to create your own custom real estate website design. Your real estate website design must be inviting, professional and easy to use if you want your Web traffic to turn into clients. Developing your Web site is one of the most important aspects of your online marketing campaign and if it is not designed properly, can have very negative results. Not only can poor real estate website design drive away potential clients, but poor design can cost you money. There are many websites that offer free website building and hosting. These websites also make it easy to make a free custom website yourself. You do not have to know how to write in complicated html code or learn new website editing software. If you can attach a picture to an e-mail then you should be able to make your own website that looks good and that will impress your potential buyer or tenant.
Keep in mind, having your own custom real estate website design will enable you to write a shorter description for your local newspaper classifieds and save you money. In addition, adding your website address to your newspaper add will give people the opportunity to see all the information and pictures of your real estate in an appealing format. Buyers and renters will have all there question answered, instead of you getting phone calls with inquiries about price, room dimensions, pet policy, school districts, amenities, etc. By having your own custom real estate website design, you should get more phone calls to set up appointments to walk through your real estate property. Also, with your own free website, you can add as many pictures as you want as well as a video to make the most impact. A video tour can be narrated and can point out the various features of the real estate that a casual observer might not realize. A video tour at the property is like always having your agent present at all showings to -sell- your real estate. A narrated video tour guarantees that your property is being shown in a proactive manner. Another advantage of a real estate video tour is that you can include community information. The city or town where a home is listed is an important consideration for a homebuyer. It’s always a good idea to also make sure that a buyer is aware of the benefits of a particular community.
The overall vision of your real estate website design should match the vision of your company. If you already have print materials and print ads for your business, you will want to continue that theme on your Web site.
To find out more information on how to custom real estate website design, please visit our website.