New ships for Arctic Oil Boom
Arctic exploration will get a considerable boost with 20 million euro investment coming from the Russian state owned Shipbuilding Corporation (OSK) and Finnish engine maker Wartsila.
The companies have agreed to establish a joint venture for construction of new vessels for Arctic exploration.
Small Business Factoring – Small Ticket Factoring
In general, small business owners have traditionally had a hard time finding business financing. Conventional financing is usually not an option for them because most banks like to make larger loans - usually beyond the reach of the common small business owner. However, a new breed of invoice factoring program has been gaining popularity with small business owners. These new programs specifically offer small business factoring programs also called small ticket factoring plans.
Small business factoring programs are different than conventional factoring program in one key way they impose no factoring minimums. Most factoring companies like to work with companies that are of a certain size $50,000 in monthly sales is a common requirement. Sma
Tax tips for the 1 percent
Contrary to public opinion and what the Occupy Wall Street protesters would lead you to believe, the top 1 percent pay a huge chunk of the nation’s taxes. Of the $865.9 billion in federal taxes paid in 2009, the top 1 percent (about 1.3 million people earning at least $344,000) paid $318 billion, or 36.7 percent …
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4 Common Misconceptions Associated with Providing 401(k) Plans to Employers
Many small business employers are reluctant to provide 401(k) plans for their employees because they don’t realize how easy it is to set up plans and maintain them. Indeed, the Small Business Administration found that a majority of employees working for small businesses didn’t even have access to an employer-sponsored plan. When you don’t offer a retirement plan, you could miss out on recruiting talented workers, and miss out on some of the associated tax benefits.
Before you decided that it is not possible for you to offer a 401(k) plan to your employees, consider that you might be falling prey to some misconceptions. Chad Read full article…
A Shakespearean Motto for the OWS Crowd
I was re-reading King Lear last night and these two lines uttered by the title character caught my eye:
Plate sin with gold and the strong lance of justice hurtless breaks; Arm it in rags, a pygmy’s straw does pierce it.
A perfect motto for the occupy wall street movement, don’t you think? The rich can buy off the law, but the poor, being armed in rags, are always held to account.
Once again, Shakespeare anticipates everything.
How to Stay Focused With Multiple Streams of Income
One of the main problems facing those that have multiple streams of income is managing them. You can start to feel a bit like a juggler and chances are, you may be neglecting areas that could be performing better and making more money. Focusing can be tough, but there are easy ways that you can keep track of your many income streams and make sure that they are all performing up to snuff.
1. Set aside a few hours every week to collect reports.
One of the main keys to staying on top of several income streams is to keep tabs on them every week. Set aside a few hours to focus on the returns and keep track of how each one is performing.
Organizing a Better Mortgage Application
Because underwriting guidelines for lenders has become more stringent, you should know what good mortgage applications look like. As home buyers begin their search for a home, there are a few items they should be aware of that they can do to help get their loans approved (with the best possible terms), and, at the same time, lessen some of the stress that goes along with the mortgage process.
Credit Score Optimization
It is best to do your best to limit your use of credit as it relates to your available credit lines. Target a cap of 30% of usage of available lines to get the best scores. Do NOT cancel credit cards.