High Street Headache

May 31, 2010

How To Qualify An Accountant – Choosing Your Corporate CPA – A Must Read

Filed under: Finance — Tags: , , , — James Scott @ 7:09 am

I was recently on a conference call with a new client and their accountant who insisted on meeting with me because he wanted to pre qualify me. After a few questions when I was setting up the call I could tell right away that this accountant was a pure amateur and was trying to look like the ‘big dog’ to his clients, being one who invites and enjoys confrontation I took on the meeting. I love negotiating and debating on topics in which I’m well versed so I knew this would be fun.

The call started with the accountant jumping in to take control of the conversation and asked me if I wouldn’t mind explaining what I am planning to do for this client. From beginning to end, this individual was completely out of his element as he’s never had direct contact with an IPO or Global strategies facilitator or someone with international legislative contacts to put to work on behalf of the client to expedite growth and revenues.

After my brief 30 second presentation there was silence on the other end of the line which typically means the opposing party cant intellectually formulate a response due to the sheer lack of experience in this field. So then I continued but instead of a presentation, I became concerned that I was getting involved in a project that had flees and I may need to step away if too many unqualified people were involved.

I proceeded to ask him the following questions that any consultant should ask of a person who claims to be an insider with your client. “How big is your accounting practice”…2000+ clients he boasts. My next question was “Wow! Great then please give me the breakdown of the inter-client base strategic partnerships you have created on behalf of this client to speed up their growth and increase their revenues?” He couldn’t respond because he didn’t know what strategic alliances were. I continued, being that this company has been trying to raise capital for over a year, with 2,000 clients obviously you have access to accredited investors, how much money have you raised and what SEC approved vehicle did you use to distribute shares for equity?” again, there was silence on the other end of the line. This was the way the entire call went which demonstrated to my client that they will obviously have to break out of that relationship for and experienced accounting firm who understands how to work with clients in expansion mode.

When you hire an accountant to do the books for your company, of course you want to make sure that they can perform the general tasks of numbers but you also need to evaluate their current client base and their track record for setting up partnerships between their clients? An accountant who doesn’t network his client base isn’t worth the fee. In this economic environment you need to choose your accounting professionals based off of strict criteria.

You don’t need a number cruncher. You need a number crunching networking executive with a strong and influential contact base to set up round table meetings, make introductions and help grow your company. Anyone with a general comprehension of tax law, book keeping and QuickBooks can be an accountant but few are able to facilitate all the additional services needed for an expanding corporation. You should pick an accounting firm based off of 10% expertise, 30% fees and 60% contacts and track record for helping expanding companies. Don’t settle for anything less.

Take Your Company Public and have Strong Investor Relations , call Princeton Corporate Solutions at 267-233-0183 or Call Us To Take Your Company Public the easy way!

May 30, 2010

Enhance Image And Self Esteem

Filed under: Health — Tags: , , , , , , , , , , , , , — Gracy Davidson @ 7:09 am

Plastic surgery remodels or restores the personality of an individual .Not long ago, a Plastic Surgery was considered by many to be reserved for movie stars and celebrities. Today, it is not just for the rich and famous.

Face-lift, a form of plastic surgery is one of the most well accepted and most frequently performed cosmetic procedures in the United States. A face-lift, technically known as a rhytidectomy is a procedure which gives more youthful appearance. It usually involves the removal of excess facial skin, with or without the tightening of underlying tissues, and the redraping of the skin on the patient’s face and neck.

Facelifts are helpful for eliminating loose skin folds in the neck and laxity of tissues in the cheeks.A facelift requires skin incisions; however, the incisions in front of and behind the ear are usually inconspicuous. Hair loss in the portions of the incision within the hair-bearing scalp can rarely occur. In men, the sideburns can be pulled backwards and upwards, resulting in an unnatural appearance if appropriate techniques are not employed to address this issue.

Achieving a natural appearance following surgery in men can be more challenging due to their hair-bearing preauricular skin. In both men and women, one of the signs of having had a facelift can be an earlobe which is pulled forwards and/or distorted.

Also Hands are one of the first parts of the body to show signs of aging because they receive so much exposure. Sunlight, the elements and the natural aging process all contribute to the development of darkened spots, unsightly veins, wrinkles and fine lines, precancerous growths and loss of fatty tissue. Hand rejuvenation makes your hands look younger. It can be used to rid the hands of a skeletal look and reverse the signs of aging. A procedures which is used for Hand rejuvenation is Chemical peel which in a variety of forms can be used to produce a separation and peeling of the outer layers of the skin. The new skin beneath is smooth and practically blemish-free, with reduced fine lines, wrinkles, spots and sun damage.

Also the procedure that is used for Hand rejuvenation is Sclerotherapy that was developed in the 1920s. During the procedure a sclerosing solution is injected into the vein through a micro-needle. The tiny needles generally cause very little pain. The sclerosing solution causes the vein to blanch (turn white), then gradually disappear.

Today Tummy Tuck or abdominoplasty which flattens a protruding abdomen by tightening the muscles in the abdominal wall and removing excess fatty tissue and skin is also very popular. This surgical procedure is a common one and can benefit men and women who are bothered by a protruding abdomen. Patients whose weight has been stabilized in their weight loss program or who feel they are at their ideal weight are the best candidates for a tummy tuck. Many patients combine their tummy tuck with other cosmetic procedures such as liposuction, breast augmentation or breast reduction surgery.

A full tummy tuck involves an incision around the belly button and another incision that runs from hip to hip. The entire abdominal wall is tightened with permanent sutures, and the excess skin and fat is removed. A mini tummy tuck is usually performed in conjunction with liposuction of the upper abdomen and the flank areas.

Good results can be expected when one is careful of the doctor they choose as Dr Kinney says the process of Plastic surgery should be as comfortable as possible. Dr. Kinney has authored numerous articles for journals, magazines and co-edited a new 2,000 page, standard textbook of Plastic Surgery. Dr. Kinney attended medical school at Tulane University and was further trained in general surgery and plastic surgery at UCLA.

Dr. Brian Kinney is a world renowned, board-certified plastic surgeon. Visit Brian Kinney MD website & know more about his work & various developments in plastic surgery.

May 29, 2010

Expansion Consultants – Taking Your Company Public

Filed under: Business — Tags: , , , , , , — James Scott @ 7:08 am

Global finance is a convergence of polar opposites. It’s a hybrid element that is the result of merging bankruptcy and profitability and the infusion of the ethically inclined and the ethically obscene.

The obtuse minded institutional banking system and the endless motivational depth of the prototypical entrepreneur clash and a give and take, debt and debtor mentality evolves. This evolution results in the crisis of indentured servitude where the banks will give but will take much more.

The entrepreneur is often stranded without the means for economic defense in difficult times and the FDIC backed lender moves in to take assets whose value are derived by number crunchers in a backroom and the bank’s corporate headquarters.

Business owners will often sign their lives away in order to obtain modest loans and lines of credit, the financial equivalent to signing your soul away to the devil in blood. As a globalization consultant I am constantly hearing from small and medium size companies who have proprietary patents and technology and will put them up as collateral for financing.

I must admit, at times its tempting to facilitate a merger between them and an existing client that will result in instantaneous profitability and distribution for my client and the end for this uninformed startup.

If you are an upstart you need to evaluate your options before signing on that dotted line and giving up a pound of flesh. Banks should only be used as a last resort. Venture capital funds should only be considered if all else fails.

Your key to raising capital is to go directly to the public via vehicles such as a Private Placement Memorandum (Regulation D Rule 504, 505 and 506) which will allow you to sell stock in your company in return for capital and the ultimate in maximum capitalization would be to go public on the OTCBB (Over The Counter Bulletin Board), NASDAQ or NYSE. Even the London Exchange or Frankfurt Exchange are better options then institutional lending sources.

Taking your company public, growth through acquisition and merger and solidifying your public position with a hefty amount of corporate publicity and hardcore investor relations, this is what will get you to the next level.

Do You Need Massive Investor Relations that will put your stock price through the roof? Call Princeton Corporate Solutions at 267-233-0183 Taking Your Company Public and Stock awareness was never so easy.

May 28, 2010

Debt Consolidation: Is Like Buying Cheap Money?

Filed under: Business — Tags: , , , , , , — Miguel Pancardo @ 7:07 am

The consolidation of debt, which is making money borrowed from a lender to pay off outstanding debts, has the advantage that it starts to have a single debtor to whom will manage the monthly payments and money back if conveniently choose the cancellation system.

These are the steps to consider in the debt consolidation process:

* Add up the monthly payments on the accounts you want to consolidate. * Make a list of interest rates with each of your accounts, and set the average of this rate. * Call your creditors and request cancellation cash balances as of the date it intends to consolidate debts. * The sum of their balance of cancellation should be the initial starting amount for consolidation. View loan options. * The interest rate should be lower than average in their exercise of the previous calculation. * Take into consideration the term of the loan and planning. * Once you have consolidated their debts to avoid entering the same situation. Remember that controlling your finances is in yourself. This applies to individuals, who are now in the countries where there are certain terms that should be taken into account which are called “Toronto terms”, because they are words that were established in the World Economic Summit in Toronto in June1988. They were applied to the countries designated by the World Bank as “IDA-only” borrowers who had a very heavy debt, low per capital income and balance of payments problems. These countries should have strong structural adjustment programs supported by the INTERNATIONAL MONETARY FUND.

The fundamental principles of the Toronto terms are concessional terms for the debts of the Development Assistance and the introduction of a menu of conditions for payment of the debt that is not development assistance.

The ODA type of debt have two distinctive characteristics one is 25 years for the maturity and 14 years of extension, other characteristic is that the initial rate will be higher than the default interest rate. Debts different than the Development Assistance ones, the creditors can choose from a menu of 3 payment terms.

The first option is: 1/3 of the debt will be canceled and returned with a maturity of 14 years for the remaining amount (with 8 years of extension), the market will define the default interests.

Option B: repayment in 25 years with 14 years of extension and default interest will be marked by the market.

Option “C”: The same terms like the option “A”, but the default interest rates will be 3.5% points below the market rate set (according with the market and depending on the reductions)

In December 1991 the Paris Club agreed to add to the menu of concessions to countries with lower incomes, (the Terms of Toronto added) that there are essentially 2 options to reduce debt, plus the option non concessional new conditions of Toronto. The option represents a 50% concession of forgiveness in present value terms in debt service payments, lowering the debt during the consolidation period. Additionally, it was agreed to establish a timetable for consideration of a potential debt reduction. Creditors have indicated willingness to consider restructuring the remaining time when the debt is canceled on a date not later than 3 or 4 years.

Go to www.creditdebtconsolidationonline.com to get your Free videos about credit card debt consolidation online so you can start solving the problem now.

May 27, 2010

Who Determines The Price Of Gold?

Filed under: Finance — Tags: , , , , , , , — Jack Wogan @ 7:04 am

A simple answer might be the markets determine prices through a normal interaction between supply and demand. Oil and gold are traded on “commodities markets”.

Gold and all other precious metals are measured in troy ounce, equivalent to 31.1034768 grams. The price of gold remained remarkably stable for long periods of time, but it is ultimately driven by supply and demand.

This precious metal was accepted as a monetary standard by several European countries and by the United States at the end of the 19th century. The adoption of an unique standard made possible to change any paper currency into gold at central banks.

When inflation depreciates currencies in times of recession, gold seems to be the most strategic option to invest in. Economic fluctuations will encourage people return to this old age investment. It can be easily bought or sold over the counter of the major banks in many countries. You may choose between bars and bullion coins, priced according to their weight. Gold investors receive a certificate of ownership. Remember that bars have a greater popularity because they carry lower premiums as an investment than gold bullion.

Digital Currency Exchange Providers, licensed and accredited companies, are also specialized in Digital Gold. A DGC (Digital Gold Currency) account has to be 100% backed by gold bullion bars or other precious metals. The value of digital dollars issued should never exceed the value of pure gold in the vaults. The Digital Gold Currency Standards Consortium (DGCSC) standardizes gold price and provides the price of a gram of gold (GAU) in various national currencies.

The categories of people who can afford to invest in gold in these difficult times are quite different. There is a wholesale market for those looking for lower prices. You can find gold with about 40% cheaper in the Arabic world where there is no VAT on the gold and transactions are safe. Learn how to bargain and learn how to buy gold in times of recession by professionals, as everyone will look for some good alternative as a backup.

Learn from professionals how investing in GoldMoney can help you in times of recession.

Older Posts »

Powered by WordPress