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Author: rivana_04

5 Tips to Help You Choose a Flowmeter

Posted on May 5, 2020May 5, 2020 by rivana_04

When it comes to flow technology, you have a lot of options to choose from. Therefore it is harder to choose the right flow meter for your desired application. You need to consider a lot of factors before making a choice. Cost is just one of those factors. Given below are few tips that can help you choose the best product.

1. Consider your Needs

If you want to know the speed of a liquid or gas that is passing through a pipeline, you can choose a flow meter. In fact, even if you get a simple flow indicator from a nearby store, it will get the job done. The good thing is that this device is easy and simple to install and doesn’t require external power either.

2. Cost should not be your deciding factor

As far as buying a flow meter is concerned, make sure you invest in a reasonably priced unit. Opting for the cheapest unit is not a good idea. Although the cheapest device will save you a lot of money, it may create a lot of problems for you down the road. The reason is that these devices are so cheaply made that they won’t work properly.

Ideally, you may want to opt for a cost-effective installation that will come with technical support as well.

3. Know Your Flow

The primary thing that you want to keep in mind when purchasing a flow meter is the behavior of the gas or liquid that will pass through the pipeline. This behavior is due to the viscosity of the flow of liquid.

If you profile the flow of a gas or liquid, you can easily find out how it behaves. This will help you narrow down your choices. Also, the flow of the profile is different based on its being Newtonian or non-newtonian.

In the case of non-newtonian fluids like yogurt, shampoos, and paints, it is difficult to predict the behavior.

4. Choose the Widest Turndown

In simple words, turndown refers to the ratio of the minimum and maximum rates of flow measured by a flow meter within its range of accuracy. It is important to consider the turn down of the device you are going to buy.

Choose a device that features the widest turndown, you will be able to cover all of the anticipated variations of flow.

5. Consider The Installation

Lastly, it is important to consider the installation location and method of the device as it can have an impact on the accuracy and efficiency. If there are obstructions in the pipeline like valves, bends and joints can cause distortions and affect the repeatability and accuracy of the flow metre. For the best results, it is a good idea to install the flow meter in the best location.

Besides, it is important to follow the installation recommendations given by the manufacturers during the installation especially when you don’t have a lot of space for installation.

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The Innovative Leader: Skills and Strategies

Posted on May 5, 2020September 23, 2020 by rivana_04

Challenging circumstances and complex issues face every leader today, no matter the organization or environment. These circumstances and issues give rise to ever-increasing demands for leaders who have the capability to innovate.

Leaders who innovate see the bigger picture, grasp the entire situation including all the variables that may come their way. This means they have the capacity to think differently about their organization, they have the skills which allow them to bring new ideas and energy to their role, to address challenging situations and find solutions to complex issues. As a result, they bring more innovation into the entire organization.

Skills:

Innovative leaders have powerful imaginations, they challenge everything, looking where others have not looked. They constantly ask, ‘What if?’ And because they do, they find new opportunities and take reasonable and appropriate risks. An XBInsight survey of over 5,000 CEOs worldwide found innovative leaders are more successful than non-innovative leaders as a result of five key competencies. The survey found innovative leaders are better able to manage risk and seize opportunities. They demonstrate curiosity, lead courageously, and maximize a strategic business perspective.

Because they have excellent communication skills, innovative leaders generate enthusiasm for opportunities, motivating and inspiring others to collaborate with them and take the needed risks. They apply emotional intelligence to their everyday lives, continually building relationships with team members, colleagues, and bosses. They have confidence in their team, recognize and support creativity in the team, and the ability of them to work together effectively on implementation strategies.

Finally, innovative leaders are tuned in to the details of a situation and its effect on the organization. They dig down to seek out new patterns and consider new points of view. They are willing to change their perspective, challenging their own previously held convictions.

Strategies:

Innovation is about implementation. Without implementation, innovation is creativity – the generation of new ideas, something new without the application – non quantifiable, minimal risk, and no investment. Kouzes and Posner, in their book, The Leadership Challenge, encourage leaders to challenge the status quo by searching for opportunities, experimenting, and taking risks. They suggest leaders ask themselves:

  • What can be challenged?
  • What needs to be improved?
  • What can I learn?

To drive innovation in your organization, consider applying the following five strategies.

1. Increase your knowledge from a variety of sources.

Innovation is based on knowledge. Therefore, you need to continually expand your knowledge base. Read things you don’t normally read. Think about your personal experiences. Is there knowledge or skills you can apply to being innovative at work? What are your interests, hobbies, or volunteer activities? Do you play the piano, are you a gourmet chef, do you write short stories? Thinking about personal experiences may help you to tap into other knowledge and expertise and leverage them at work.

2. Treat patterns as part of the problem.

Sometimes we rely on previous experience to determine our next steps and we fall into a pattern of behaviour. Reach out to team members, colleagues, and bosses to test out your innovation plans. Are you relying on previous experience only to develop your solution? Are you spending time to reflect on the justification of your assumptions, beliefs and values?

3. Turn off idea generation and work on implementation.

Creativity is the process for generating ideas, lots of ideas. But at some point, you need to stop, step back, and decide on which idea to implement. Innovation is about actually working the idea, implementing and executing in order to bring the idea to life.

4. Foster an innovative environment.

Involve your team in your innovation decisions. Communicate and collaborate with them. Part of your role as a leader is to encourage the creativity of those who report to you. Make sure they have the tools they need to create and adapt to change. You do not need to, or should you, do this alone. That is why you have a team. Be a courageous change agent by trusting yourself to trust and lean on others. As you build your innovation skills and expertise, your team should be building theirs as well.

5. Evaluate, revise, repeat.

As with any change, it’s critical to evaluate the result. Ask yourself, and your team, what has been learned from the experience? Did anything occur that was not expected? What would we do differently? What could we have done better? Document your findings and apply them to the next situation that needs innovative thinking.

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Developing Authenticity and Effective Leadership

Posted on May 5, 2020May 5, 2020 by rivana_04

The concept of authenticity has its roots in Greek philosophy: ‘To thine own self be true’. Authenticity has been described as the unobstructed operation of one’s true, or core, self in one’s daily enterprise. However, dangers arise if people assume that their personal values take precedence over other standards. Some assume that this justifies unprofessional behavior, e.g. personal criticism of colleagues rather than simply focusing on the issues. This undermines professionalism and can quickly contribute to a loss of motivation and breakdown of trust.

The assumption that ‘our way is the best way’ is invariably a limiting and potentially damaging viewpoint. In organizations, problems can emerge when systems are inadequate and managers lack the conviction required to surface problems and confront dysfunctional behavior. The success of any organization can then be threatened by leadership failings that include poorly designed systems, resistance to feedback, and inability to anticipate changing requirements. The shortcomings include a lack of personal conviction, which is important when dealing with unacceptable behavior.

Effective leadership builds on four core elements of authenticity. People who are regarded as ‘authentic’ demonstrate higher levels of self-awareness, insight and openness, and the ability to achieve ‘balanced processing’ of information.

Self-Awareness

This involves understanding your unique talents, strengths, sense of purpose, core values, beliefs and desires… are you open to new ideas, and receptive to feedback that helps you maintain and develop this insight?

Balanced Processing of Information

Effectiveness builds on a willingness to consider multiple sides of an issue, including other people’s views. Are you able to recognize that you may not see or appreciate all the issues?

Relational Authenticity

Trust develops when there is openness and truthfulness in close relationships. We can use selective self-disclosure to acknowledge that we’re not perfect. How well do you build trust and appear genuine when working with others?

Authentic Behavior / Action

This involves responding to situations in a way that is appropriate, in the context of your role, whilst respecting your core values. Do you behave (as far as possible) in a way that is consistent with these values? Important themes are explored in Seven Principles for Exceptional Performance.

Authentic Leadership is based on the idea that through increased self-awareness, self-regulation, and positive modelling, authentic leaders foster the development of authenticity in followers. The theory suggest that Authentic Leaders draw on their positive Psychological Capital or ‘PsyCap’ to make clear to others what is required and generate positive energy. They create meaning and a genuine sense of purpose, so that others develop a sense of personal ownership and become ‘stakeholders’ in the activity.

Evidence suggests that exceptional performance also requires additional steps. These include ensuring adequate support/resources are in place, and encouraging discretionary effort by involving people in developing and implementing solutions to problems. Use of 360 degree feedback, coupled with awareness of the Seven Principles for Exceptional Performance, build on the four elements of authenticity and help develop overall effectiveness.

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This Is How Kassem Mohamad Ajami Led To The Establishment Of Saba Steel

Posted on May 5, 2020May 5, 2020 by rivana_04

Kassem Mohamad Ajami is a Steel Magnate (industrialist) based out of Nigeria and is chairman & CEO of Saba Steel Industrial Nigeria Ltd. – West Africa & Nigeria’s largest steelmaking company. And currently has led to the establishment of another sister company named Metal Berg Manufacturing in association with Co-managing Director Majed Hamadi. The duo has an experience of more than 20 years in the steel industry.
Let’s find out how this steel magnate Kassem Mohamad Ajami embarked himself to such height. This is his life journey.
He was fascinated by the steel manufacturing since his early 20s and led to the establishment of his own venture at the age of 22.

This passion of immersing into steel manufacturing started when Kassem Ajami once went to Indonesia for a vacation, there in the retail market, looked at the prices of bars & rods & realized how great margin these products hold.
Gradually, Kassem Ajami became determined to expand his business global to become a major steel player across the globe & thus targeted international efforts in profitable countries like China,Ukraine, Germany, India and then finally built his strong base in West Africa & Nigeria as their market is great, flourished with resources & holds high-end margins.
And then, there was a time when his venture was experiencing downfalls as the international market was fragmented, innovation was lacking, steel sector was becoming a victim of overcapacity, high indebtedness & the rock bottom steel prices.

How he handled the situation?
Kassem realized the need to have a strong management team to support his extension & the fluctuations within the market. He hired great supervisors & managers, doubled the production & started selling to booming markets of East to reap great margins.
His sheer efforts led him to the sweat of success and within no time, the steel prices increased, the production capacity of steel products increased and he managed to expand his business all over Nigeria.

His qualities & Personality
He is someone who doesn’t seek publicity, always thinking of growth, no complacency, outstanding vision, leading entrepreneurship skills, rooted values & ethos which are non-fail-able.

His vision and future approaches
As a founder of two steel manufacturing enterprises – Saba Steel Industrial Nigeria & MetalBerg Manufacturing, his vision is to grow the steel products manufacturing for other ventures disposal at budget-friendly rates. Aimed at producing high-end & quality assured products that are yield generating & quick-to-use in any process.
Also, to form a market of repeated & existing clientele for their quality-led & sustainable operations. To create a platform where every steel product is present under one hood as per any shape, size & dimension requirement so that businesses can save their major increases in their cost sheet.

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Profitable Ideas for Belly Dance Studio

Posted on May 5, 2020May 5, 2020 by rivana_04

After taking classes from other instructors, it is decided that the next step in your personal advancement is to become an instructor and start a belly dancing business.

The operation of a belly dance studio requires daily attention to students needs and desires.

In the beginning are the owner’s ideas of making money learned from previous experiences from other dance studios. There is nothing wrong with this, however; it will be temporary.

Immediate income is from students taking classes. A basic beginners course and different levels of classes to advance skills will keep students continuing the course to its completion. After the basic course students may leave.

What can you do to keep students attending and continuing an income?

  1. Specialty classes – these classes may be taught by self or hire other instructors.
  2. Props of sword, cane, tambourine, candelabra, candles, and veil. These classes may range from a couple of hours or taught as a weekend event.
  3. Zills and drumming – these are the basic percussion instruments which belly dancers use. Learning about different zill patterns and drum rhythms will help students understand the various rhythms of Middle Eastern music.
  4. Teach in-home private instruction and offer demonstrations at schools and other types of women’s organizations.
  5. Hire self out for national and international seminars as an instructor and build your brand name.
  6. Design a website page and keep it active with information. Include an application for attending classes or hiring a performer.
  7. Teach basics, techniques, and psychology of entertaining at private parties, restaurant dancing, and stage performances to students who want to become professional performers.
  8. Sell services of dancers for parties, conventions, and organizations for local, national, and international markets.
  9. Teach costume and accessories construction. These classes not only help students to have custom-made outfits for their selves, but it serves to satisfy their creative and imaginative interest for arts and crafts.
  10. Designing and assembling jewelry. Making jewelry which the dancer uses are beautiful and many dancers like their jewelry to compliment their costumes correctly.
  11. There are many other styles of this art form. In the past there were two categories of dances. Today there are nine different styles of belly dancing. It is not possible for one person to teach the nine different styles; hire other instructors. It is critical to offer variety in the dance studio; do not depend on one style.
  12. Teach or conduct workshops and seminars. Workshop classes are taught in one day. Seminars are conducted over a three-day weekend. Hire national or international instructors.
  13. Mount a display wall or a mini-shop in the studio and sell all essential costumes, accessories, jewelry, props, and musical items which dancers need or wish to own. Include consignment opportunities.
  14. Produce online videos and offer online classes.

These money-making ideas may be done one at a time or several may be incorporated

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The Right To Be Wealthy

Posted on May 5, 2020May 5, 2020 by rivana_04

The aim of person is get pleasure from a fulfilled and successful life. A life filled with abundance, joy and fulfillment of purpose. Next to nothing wrong in wanting to win money and living a more abundant life which of course is abnormal for a man to not ask for more abundant life.
To achieve this lifetime of fulfillment, man most constantly of work to be unravel means (money) needed for letting it to arrived at fruition. Man qualities your ideas, soul and body, hence cannot appears to be fulfilled that they can be constantly denying our brain, soul, or body. For fulfillment it certainly doesn’t need to be attained, the brain, soul and body must be satisfied which is why are able to be possible anytime one has enough outgoings to fulfill the necessities of your world, soul and body. Man’s right to life means his power to experience the free and unrestricted help of whenever possible which correspondingly means his skill to get anything he wants without financial restriction. No man can give the impression completely fulfilled or happy without with the ability to acquire whatever they want when they need it, hence it is critical it certainly doesn’t need to be wealthy to be fulfilled and successful.

It is crucial for man to do you know the science appearing rich as this is able to equip him considering the required knowledge to utilize the errors vital for him to becoming what he wants to be.

Some business to cultivate, there may be dependence on the company management to maintain aspiring and visualizing the length and girth they need the company to increase in the context of a given period. Everyone knows that business growth doesn’t happen overnight; required lots of planning, hardwork and above all, finance. Hence, a company can certainly be deemed successful if its revenues are soaring, profits are hitting all-time highs and employees are well compensated with large paychecks and bonuses. If an owner of a business is constantly making losses, it cannot be said to be successful and it will eventually go bankrupt. So for business organisation it doesn’t need to be known as successful, the law states that it is matured make high profits constantly enjoyable is shown it really does not have to be growing. To get this done, it’s worthwhile to learn how to commence a business how to become rich. The management of the corporate will need to have a grasp whenever there is a serious science remaining rich by leveraging on beneath your guidance vital for their growth. So that, our view level of human capital, technology and innovation.

You will have our hang ups about money ultimately, but creating wealth in your world does not come with to commence a home of greed. Success is roughly becoming going to work it really does not have to be and to allow significantly as do that, money plays a part. Creating wealth and abundance for you permits you to fully embrace your potential. As a person, the science remaining rich will inspire you the ideal you’ll be able to be. There is no an opportunity to accept less to you to feel happiness and live a fulfilled life.

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Facebook’s $5 Billion Fine Encourages Executive Misdeeds

Posted on May 5, 2020May 5, 2020 by rivana_04

Facebook’s $5 billion fine by the Federal Trade Commission (FTC) for serial privacy abuses doesn’t go far enough. After the market received news of the fine, Facebook’s market value spiked $10 billion, and Chief Executive Officer (CEO) Mark Zuckerberg’s net worth rose $1 billion. Facebook’s leaders rejoiced. Why not? Facebook did not agree to wrongdoing, and the market price rose. FTC charged the firm with the crime because it “deceived users” that users could control the privacy of their personal information. This result was good for Facebook. The firm pays, not an executive or executives; now they can continue greed-induced policies, unconcerned. A $5 billion fine is not a significant penalty. It’s 23% of last year’s profit ($22 billion) and less than 10% of revenues.

Facebook’s $5 billion Fine Excuses Its Leaders

Who or what is Facebook? It doesn’t walk, talk, or think; so how did it commit this breach? Its senior executives, CEO Mark Zuckerberg, Chief Operating Officer (COO) Sheryl Sandberg and other leaders decided matters; they are the culprits. Thus, the law must hold them accountable, not the shell, the vessel, the inanimate corporation, Facebook. To fine the company and not its executives sends a terrible message that leaders exploit. They get a free pass when their greed and other acts lead to wrongs. And they gain until it’s stopped; then the “vehicle” pays. That’s akin to the law giving a drunk driver’s car a ticket while exonerating the driver.

Supreme Court Made Corporations People

To fine a company and excuse its leaders is part of a broken system that needs urgent repair. But that repair won’t happen because the Supreme Court’s 2010 ruling reaffirmed companies as people. I understand the rationale. It is easier to tax, sue, and fine companies than people. It’s harder for prosecutors to convict people in companies than their firms. Sometimes, it’s hard to prove who committed these crimes. So, it means we must work smarter and harder where evidence shows the firm’s widespread misconduct. The law must hold at least the CEO and the board chair to account.

The Supreme Court’s decision doesn’t prevent penalties for executives. It goes beyond the executive’s legal liability. But, because it’s easier to assign blame to the firm, leaders take dangerous risks and get a free ride when those risks cause crimes. So, leaders abuse people’s privacy, commit fraud, collect bonuses and investors pay for the misdeeds. Big Pharma is an excellent example that crime pays. But, their behavior hurt, and sometimes kill people. It must stop; prosecutors must sue the firm and its leaders.

Big Pharma Gets Away With Much

Corporations are not humans; they don’t decide. Where “a firm” harms people with products or services, the law must pursue a person or persons. It’s improper to charge the firm alone when the firm did not decide. The board chair, CEO and COO must account. Prosecutors did not accuse or jail one senior executive on Wall Street for the crimes that caused the Great Recession. I am not referring to bad decisions but corrupt practices. Wall Street executives will continue to ruin lives and make huge profits. That’s wrong! How can people commit crimes, collect big bonuses, and continue unscathed?

Pfizer, Wells Fargo, financial firms before 2008 are poster children for how people commit crimes but pay no penalties. If the law charges firms alone for wrongdoings, company leaders have a natural incentive to accept risks that might even take people’s lives. While executives don’t design products to kill, they know the vast profit potential from new “breakthrough” drugs, for instance, with no downside. That’s the Pfizer, Big Pharma way!

Pfizer’s Trangressions

Pfizer paid billions for its many misdeeds, yet, no executive got jail time. Several deaths linked to Pfizer’s heart valves concerned the Food and Drug Administration (FDA), but that did not stop Pfizer from distributing these valves. It took 300 deaths before Pfizer stopped production. By then, thousands of people had implants. By 1994, Pfizer spent around $200 million to settle related lawsuits.

Pfizer’s sins continued in the 2000s. In 2009, it agreed to pay a record $2.3 billion to settle criminal and civil liability for illegally promoting certain drugs. American Greed April 7, 2010, featured these crimes. Two of its subsidiaries pleaded guilty to a felony for misbranding Bextra with the intent to defraud or mislead. Pfizer’s corrupt practices continued. In 2016 it had two big events. First, it paid $784 million to settle underpaid Medicaid rebate charges. Second, it agreed to pay $486 million to settle a class-action securities lawsuit that it misled investors about Celebrex and Bextra’s safety. Then in May 2018, it agreed to pay $23.85 million to resolve assertions it infringed the False Claims Act by “paying kickbacks to Medicare patients… ” Pfizer had pricing, safety, marketing and other misdeeds and paid billions in fines. But, its executives escaped jail in each case.

Big Pharma Fined Billions But Nobody Jailed

The facts show greed and lack of integrity permeate Pfizer and Big Pharma’s culture. Can we trust Pfizer or other drug companies? Why does the FDA allow them to put the public at risk with their aggressive and coercive tactics? Do their lobbying activities shield them? The Pharmaceutical Research & Manufacturers of America spent $28 million to Pfizer’s $11.5 million lobbying Washington in 2018. And Pfizer spent $1 million on Trump’s inauguration gig. Are these amounts Pfizer’s insurance premiums?

It’s a disgrace that Big Pharma’s crimes hurt so many people while leaders and politicians gain. What will it take for Pfizer and others to behave in an ethical matter? The system condones their behavior. The issue isn’t their profit motive. I support firms making profits, but not while lying, cheating, and destroying lives.

Wells Fargo Fined $1 billion Nobody Jailed

The Consumer Financial Protection Bureau (CFPB) fined Wells Fargo $1 billion in 2018 for “conduct [that] caused and was likely to cause substantial injury to consumers.” Wells Fargo broke the law and hurt its clients. It over-charged mortgage interest rate-lock extensions and ran a mandatory insurance program to hike clients’ auto loans. The scheme pervaded the firm, so leaders knew. Did they approve it? Or did they ignore it? Either way, a person or persons must pay. But no senior person did; not the CEO or board member. This abuse followed the earlier 2016 one where the CFPB fined $185 million to settle “the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts.” Again, no person jailed or fined, but they fired lower-level staff. Today, Wells Fargo seeks to rebuild its brand, but some employees see no systemic change.

Firms Should Keep Limited Liability But Hold Leaders To Account

When we treat firms as people, serious negatives result. First, it stokes leaders innate greed that’s obvious by Big Pharma’s actions which hurt the public. They break the law confident the law won’t punish them as they pocket hefty bonuses. Second, it drives lobbyists to bribe dishonest politicians to block needed laws to protect the public. Third, district attorneys don’t charge CEO’s whose “support” they might need to reelect them; so they penalize their firms instead. The umbrella effect is people decide, but their firms pay for their conscious decisions that hurt people and the environment. I repeat: I do not refer to bad choices, but illicit ones.

Business is an entity that offers services to clients. While employees present these services and goods, they take various risks; that’s normal. Business is the only wealth-creating entity in society. We must encourage firms to grow and create jobs. But we should recognize business as a wealth-creating vehicle driven by people. Companies should get no welfare benefits, pay no taxes, and pay fines only when the CEO, board members, or other senior executives do. The firm’s fine should send a message to the owners to remove the leadership and get them to return bonus earned for fraudulent activities. We must penalize a person or persons for the firm’s illegal acts. Does this idea remove investors’ limited liability? No, it sees people in firms who decide and who should go to jail and pay fines for their crimes.

Proposals To Resolve Negative Effects Of Treating Firms As People

I support a limited state’s role in business and the economy, few but applied rules, and leaders held liable for their illicit acts. Limited liability corporations’ (LLCs) present status is vital. But leaders decide, and the law must hold them to account for their crimes, not their firms alone. Firms must pay fines for harm to the environment and people. But in every case, a senior person or persons in the firm must pay in money and jail time.

After I studied several corporate crimes where only the firm paid a fine, I don’t know why leaders avoided jail time. That baffles me! People in those firms saw breaches, and leaders fired whistleblowers. And yet, Pfizer, Big Pharma, Wells Fargo, Facebook’s leaders saw their firms fined, and they kept their rewards. They got big bonuses from their decisions until the government stopped them. Sometimes, as Wells Fargo did, leaders blame and fire low-level staff for the harmful results.

Facebook’s $5 billion fine is a wake-up call. We must hold people accountable for their firms’ crimes. Here are summary proposals to do that:

Seven Steops To Fix The Problem

  1. Don’t break up big tech firms. Politicians want to break up big tech and other large firms. That’s a bad idea because it does not consider the real issue. If we split these companies, we will multiply the problem. What is the problem? Unaccountable boards and executives. So, we must enforce existing laws. We must carry out the principle that when we assign collective responsibility to a firm and charge it, we must punish the CEO and board, too. The CEO gets massive rewards for that job, and we must hold him and her to account for the firm’s crimes. They get the credit for the boom, so it’s only fair they accept the blame.
  2. Don’t assign blame to companies. That’s absurd; never fine a company alone. A person or persons, the CEO, board, and, or other senior leaders in the firm committed the wrong. Fine the company only after charging a person or persons. And only to penalize shareholders, who must remove the CEO and others, and recover damages from them.
  3. Compel executives to repay bonus from sales of drugs for non-FDA approved purposes and other illicit gain. Leaders would have less reason to push risky drug sales to make short-term gains. Thus, Pfizer’s executives should repay the bonus earned from Bextra’s massive profits, for instance. Wells Fargo’s leaders profited from illegal accounts and other offenses. So, they must repay their bonuses, too.
  4. Get rid of corporate taxes and corporate welfare. Firms should pay no taxes on their earnings. Tax people at their marginal rates on income and benefits gained from their firms. So, tax income, dividends, and exercised stock options at the same tax rate. The principle here is to tax people, not the wealth-creating vehicle, the company.
  5. Stop former Congressmen and women and White House staff from direct lobbying, or indirect lobbying in a law firm, for ten years after leaving office. Jail people who break this rule. Ban them from presenting and voting on laws that involve people and firms from whom they have or might benefit in cash or kind.
  6. Ban advertising of pharmaceutical products unless the headline shows three things:
    1. FDA approves the drug for the advertised purpose.
    2. Side effects with the same prominence as benefits.
    3. Current issues linked to the drug. So, for Bextra, state reported problems.

  7. Ask doctors to show in their reception and offices, their relation with drug companies. This relationship creates a conflict of interest that can affect drugs doctors dispense. It has in the past. So, let’s remove the temptation. Patients must know.

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Sage 50 Tech Support Helpline

Posted on May 5, 2020May 5, 2020 by rivana_04

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Sage 50 Common Errors:
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Working Capital Financing Approaches! Make Them Work For You

Posted on May 5, 2020May 5, 2020 by rivana_04

Working capital finance, properly structured, can provide the boost your business needs to both grow and operate. Businesses take on the lack of cash flow challenge for a variety of reasons:

New Market Opportunities
Special projects

Etc!

The bottom line is that properly structured business financing allows owners and financial managers to monetize the assets in the business on a short or long term basis. An example of a long term scenario would be a sale leaseback; short term example might be the cash flowing of your accounts receivable.

Text books tell us that there is a clear definition of working capital, namely going to your balance sheet and subtracting current liabilities from current assets. That’s a great textbook definition, but let’s visits the real world together on what that means.

The absolute number of dollars in your net working capital as defined by our definition above does not really matter. (Although positive is better than negative working capital!)

It is important to know that certain types of business finance solutions are more applicable than others depending on the special needs of your business. The classic example of a cash flow challenge is when you are growing, profitable, but have a gap between cash on hand in your business and short term obligations.

Examples of working capital finance? They include:

term loans – Recent trends have demonstrated the important of both short and medium term cash flow loans. The overall credit quality of your business and the amount you require will drive a final solution. Loans can be secured against certain assets, or unsecured. Unsecured cash flow loans are currently very popular and have grown out of the popularity of merchant cash advances.

Business lines of credit, essentially an ‘ overdraft ‘ are often the most common sources of cash flow. When these are not available from traditional bank sources other commercial asset based lenders step in to take up the slack.

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The Rapid Development of Renewable Energy in Europe

Posted on May 5, 2020May 5, 2020 by rivana_04

Renewable energy sources are a major contributor to the transition of Europe’s energy sector. Development in technologies are key to the acceleration in market share in this sector. Today, shares for solar power photovoltaic (PV) electricity, biogas electricity and wind power are close to the levels anticipated by countries in their national renewable energy action plans (NREAP’s), drafted in 2010.

Renewable energy sources shares continue to vary widely between countries, Austria, Denmark, Finland, Latvia and Sweden exceeding 30% in final energy consumption, whilst Belgium, Luxembourg, Malta and the Netherlands at just 9% respectively.renewable energy plan.

Renewables accounted for approximately 70 % of net additions to global power capacity in 2017. Global investments in renewables have shown steady growth for more than a decade. This has led to a more than doubling of global renewable electricity capacity between 2005 and 2017. By 2017, for the third year in a row, more than half of all newly installed power capacity worldwide was of renewable origin, as RES accounted for an estimated 70 % of added net power generation capacity in that year (Frankfurt School-UNEP, 2018; IRENA, 2018b). In 2017, the EU still ranked second after China as regards total installed and grid-connected domestic renewable electricity capacity.

The EU is a global leader in renewable electricity capacity per capita, but fast activity becomes visible outside the EU. With an average renewable electricity capacity of 0.87 kW installed per person in 2017, the EU is the clear world leader on a per capita basis, ahead of the United States, Brazil and China. In absolute terms, in 2017, Europe still had the largest wind capacity in place globally.

However, since 2017, China has displaced the EU as market leader in solar PV capacity and is poised to overtake the EU, in absolute terms, as the world leader in total installed wind energy capacity.

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