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Article Check - A Serious Warning to Business Owners
Plastic fundraising cards are proving to be very effective with many different types of businesses and organizations. These wallet-sized wonders are being created as a tool to raise money for charitable organizations, in addition to the flexibility of producing cards for gift, loyalty and membership marketing purposes.Plastic fundraising cards usually include a variety of discounts that are accepted through the participation of local, regional and national merchants in your target marketing area. A typical plastic fundraising card could retail fo
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It ca
Are you looking to give a Valentine Day gift basket to that special someone? If you are, you may be wondering exactly how you can go about getting a Valentine Day gift basket to give, especially if this is your first time giving the gift of a gift basket. You may be pleased to know that you have a number of different options.One of the most popular ways to give a Valentine Day gift basket as a gift is by buying a pre-made one. What is nice about many pre-made gift baskets is that are many professionally made. In the United States and all aroun
On a macro level, we all know that the dollar’s purchasing power has declined. The “world’s reserve currency” is in trouble. America slips further into debt. Since the end of the gold standard in 1971, this has escalated. With cheap labor increasingly available in India and China and a huge influx of new immigrants into the US and Canada, with the Canadian economy heavily dependant on the US, plus the massive housing bubble, the future is scary for thinking people. Peoples’ savings are worth less and less. It is said that the average American retires with under $30,000 in net worth. Baby Boomer entrepreneurs can’t sell their businesses for what they’re really worth. Terrorism is not going to go away, whether the Republicans remain in office or not, believe you me. One serious bioterrorism attack in the US will have a dramatic economic effect. Tough economic times are looming. A massive wave of inflation could be triggered in North America when other countries start to panic and cause a domino effect. The dyke is beginning to leak.
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It ca
You have decided that you love firearms so much that you want to open up your own business, right? How to get your federal firearms license may seem like a daunting task, but when you take it step by step, it can be as easy as filling out paperwork at a doctor’s office. Remember that you have a second amendment right to have a firearm but to sell a firearm is a totally different task to embark upon.The Bureau of Alcohol, Tobacco, Firearms and Explosives dictate how to get your federal firearms license. There are certain things that they will and
On a macro level, we all know that the dollar’s purchasing power has declined. The “world’s reserve currency” is in trouble. America slips further into debt. Since the end of the gold standard in 1971, this has escalated. With cheap labor increasingly available in India and China and a huge influx of new immigrants into the US and Canada, with the Canadian economy heavily dependant on the US, plus the massive housing bubble, the future is scary for thinking people. Peoples’ savings are worth less and less. It is said that the average American retires with under $30,000 in net worth. Baby Boomer entrepreneurs can’t sell their businesses for what they’re really worth. Terrorism is not going to go away, whether the Republicans remain in office or not, believe you me. One serious bioterrorism attack in the US will have a dramatic economic effect. Tough economic times are looming. A massive wave of inflation could be triggered in North America when other countries start to panic and cause a domino effect. The dyke is beginning to leak.
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It ca
A shocking 80% of Americans all have something in common. Can you guess what that is? They hate their jobs! Imagine this scenario. It’s 6:00 A.M. The alarm clock starts its Incessant buzzing. How many people do you know jump out of bed excited that they are going to work that day? Why should they be happy? Here’s what they face. Their job actually starts with the process of getting ready for work. No pay of course. Personal grooming, eating that important first meal. Locking up and making sure the home fro
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It ca
When crossing salty swamps and marshes, move away quickly; never linger there. If you need to engage the enemy in salty swamps and marshes, stay close to areas that are lush with grasses and have your rear to the forest. - Chapter Nine, Sun Zi Art of WarAbove is the principle of deployment when in salty swamps and marshes. Salty swamps and marshes are is similar to crossing a river. But compare to crossing a river, salty swamps and marshes are more difficult to get out because of the mud condition. So if you are caught in swamps an
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It ca
Outsourcing cannot be considered a new phenomenon even though the rising attention toward this subject has brought lots of important issues into the daylight. Lots of service and even manufacturing companies started creating jobs overseas to gain wider access to foreign markets. They act as consultants auditors and perform other functions where their customers are. Putting it in other words, they have found customers and came to serve them. Another reason for a big number of emerging foreign companies oversees is saturation of the domestic markets. App
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It can happen to us.
But here’s the real story: most business owners have all their eggs in one basket. Most are in debt and highly leveraged. Many are not keeping up to date with world events. They don’t understand the real dangers of terrorism, foreign skills and products and inflation. Our society becomes increasingly litigious. Unions, especially in Canada, are turning employees into an increasingly risky proposition. Many business owners are nothing but self-employed salespeople. When they don’t work for any amount of time, they will lose their businesses. The housing bubble, alone, could cause massive change. We get so busy paying the bills, meeting payroll and staying ahead of the local competition, that we don’t see that we’re heading, Titanic like, for a large iceberg. How many times have we seen a business owner go bankrupt because of one event, like a divorce, military service, a big box retailer entering the local market, a lawsuit or an act of God? We see what happened with Katrina, 911 and outsourcing. We’re at risk.
There is some good news to report. There is a way to spread your risk across a variety of different business types, creating multiple streams of increasing, passive income. There is a way to reduce your overhead or even completely remove it, thus radically decreasing the amount of cashflow you require to survive and prosper. There i
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