The world has entered into a recession, many corporations and companies had announced their job cutting news. If you are an employee for any of the companies that have plan to reduce their company's headcounts; then, your job will not be guaranteed. The question is how you are going to maintain your income stream just in case you are being laid off and unable to find a new job due to the job opportunities have been cutting down tremendously by...more
After several years of research, reading all types of money making books, investing in all types of business opportunities, my wife and I have finally realized a simple way thats helped many people become financially free. I wont pretend that I have the magic formula that will: make you $100,000 in 3 minutes while you sit on the couch, or allow you to retire next week without ever leaving the house!Now, Im not saying that the folks who sell...more
Successful Business owners and senior managers share an efficiency mindset. In everything they do, they seek the most cost effective method and look to maximize ROI at every stage. Following on from the Global Financial crisis, managers have been put under unprecedented pressure to lean up their business and every cent of every dollar of expenditure has been put under scrutiny. This flurry of cost reduction activity has caused some senior managers to focus heavily on the dollars being saved and pay less attention to the businesses operational effectiveness that is being sacrificed as a consequence. In these managers, their mindset has moved from doing more with less to one of one of simply survival. The survival mindset is all about doing what it takes to ride out the drop off in customer demand, balance the books and maintain sufficient cash flow and funding. Sadly, this is typically done through brute force reduction in staff count and/or business processes and systems.The biggest problem with finding yourself in this mindset is that sooner or later when the economy does turnaround, your business needs to be effective enough to survive the feeding frenzy that will...more
Forex market is very lucrative and exciting. Daily around $3 trillion of transaction takes place in the market. Because of high liquidity nature of the market, many traders are making huge profits in trading. But one thing to note is that more than 90% of the traders fail to make profits and at the end of the day.The reason behind this is that...more
A QROPS Pension Transfer is a transfer of a UK Pension, or a frozen UK pension into another HMRC approved pension scheme, in a jurisdiction outside of the UK. QROPS means Qualifying Overseas Recognised Pension Scheme, and is a fantastic option if you have left the UK or are planning to leave the UK within 12 months.If you have the option and...more
Executive Summary The USA is stepping up its ability to bring asset forfeiture cases successfully against people they call criminals. Bear in mind they have more people in jail per capita than any other country and most of these offenses are lacking victims (victimless crimes where the government statue that was broken is the victim). They are now going to spend more energy on grabbing assets targeting criminal proceeds and assets.The justice department is putting together teams of financial experts to work on multi-jurisdictional international forfeiture cases. These agencies have agreed to get in on the forfeiture bandwagon: U.S. Department of State Bureau of Diplomatic Security (these are the ones who bodyguard the ambassadors overseas and is a mystery why they were included), Department of Labor Office of the Inspector General, Federal Bureau of Investigation, Immigration and Customs Enforcement, Internal Revenue Service, U.S. Postal Inspection Service, U.S. Secret Service and the Department of Treasury Office of Terrorism and Financial Intelligence, Drug Enforcement Administration, Bureau of Alcohol, Tobacco, Firearms and Explosives, and the Department of Justice...more
Introduction We are going to discuss the movement of funds from your own country or another country to an offshore bank presumably in an offshore tax haven. We are not going to discuss any illegal scenarios.Why do People Move Money and Assets...more
Assets Not So Safe in Panama There is a way to get a court order in Panama from a Panama Court to garnish, lien or levy a Panama Bank account. If you do not know where the persons bank is you can have the court send a Fax to all the banks in...more
Starting a Food BusinessThis guide is for prospective operators of food enterprises (food establishments, retail food stores, food warehouses, and food processors) desiring to open a food business in either their local city, county or state...more
Top 10 Reasons Why It's Easier To Buy A $5,000,000 Apartment Building Than A Single Family Investment Property.The day my life changed forever. It started with a phone from my good friend and banker of 15 plus years Joe, I cant believe that Im...more
When you make contact with a new prospecteither by telephone or in a face-to-face meetingyou have an extremely short window of time to connect with them. If you fail to achieve this they will quickly tune you out. Here are several things you can...more
Options are always a nice thing to have, regardless of your situation. In real estate, the option contract can be used for a number of different scenarios, I am going to use this space to focus on just one: let's call them the "tweener sellers."I...more