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I Advice - Successful Disaster Recovery: It's All in the Planning
Setting Up A Legitimate Business Can Be Quick and Easy
If you know what you need and how to do it. This section will show you the steps you will need to take to set up your online business to be legitimate so that you can make legitimate money quickly and easily. Review the following overview, then keep reading for indepth information.Business NameDomain NameKnow Your State and Local Legal RegulationsBusiness NameKeep in mind that you are not the first to start a business and the ideal name you would like for your business may not be available. When naming your business, keep in mind that there are some names that are trademarked. It is always best to do a quick search so that you don't run into trouble later. When naming your business, try to keep it simple. Pick a name that accurately portrays what you do. You can pick something clever, but be sure that customers will not feel misguided when they come to you. Also, stick to a short name of 1 to 3 words and make sure that the business name that you pick also conveys the correct tone for your business. For example, don't pick ABC Enterprises if you are selling auto parts, or Baskets and Bows if you are a wedding planner. Again, the best way to start is to brainstorm. Come up with at least 3-5 possibilities and do a trademark search on each of them.Now, after you have done a trademark search
ays or more due to a disaster, filed for bankruptcy within a year of the disasterIf you know what you need and how to do it. This section will show you the steps you will need to take to set up your online business to be legitimate so that you can make legitimate money quickly and easily. Review the following overview, then keep reading for indepth information.Business NameDomain NameKnow Your State and Local Legal RegulationsBusiness NameKeep in mind that you are not the first to start a business and the ideal name you would like for your business may not be available. When naming your business, keep in mind that there are some names that are trademarked. It is always best to do a quick search so that you don't run into trouble later. When naming your business, try to keep it simple. Pick a name that accurately portrays what you do. You can pick something clever, but be sure that customers will not feel misguided when they come to you. Also, stick to a short name of 1 to 3 words and make sure that the business name that you pick also conveys the correct tone for your business. For example, don't pick ABC Enterprises if you are selling auto parts, or Baskets and Bows if you are a wedding planner. Again, the best way to start is to brainstorm. Come up with at least 3-5 possibilities and do a trademark search on each of them.Now, after you have done a trademark search
Are You Missing Your Chance to Work at Home?
Have you missed the turnoff that leads to your dream of working at home?Wouldn't that be disappointing? No one likes to think that they have wasted their chance, missed their opportunity. But that's exactly what happens to many.Sometimes you can become so focused on a single-minded purpose that you miss the opportunity when it presents itself. Maybe it wasn't the goal that you started out with, but that doesn't mean that it's not the right path to follow.Years ago, I left my career to stay at home with my kids. I remember the months after I had made up my mind? I was obsessed with my dream of becoming a stay-at-home mom. It was all I could think about: How would we make it happen? Could we afford it? I dreamed of watching my girls play from our porch, cooking dinner every night, having the time to work in their classrooms, go to their sporting events.Long story short, we did it. It wasn't easy; I quit my job, we moved to a different area, my husband had to transfer. But we did it.It was just as I had dreamed it would be... for a while. But it didn't take long for my restless nature to crash the party. I soon realized that I needed professional interaction. I also needed to be able to contribute to the household income, as much for personal fulfillment as out of financial necessity.So, I decided that I should try to find a job that I could do from home. I'd
Have you missed the turnoff that leads to your dream of working at home?Wouldn't that be disappointing? No one likes to think that they have wasted their chance, missed their opportunity. But that's exactly what happens to many.Sometimes you can become so focused on a single-minded purpose that you miss the opportunity when it presents itself. Maybe it wasn't the goal that you started out with, but that doesn't mean that it's not the right path to follow.Years ago, I left my career to stay at home with my kids. I remember the months after I had made up my mind? I was obsessed with my dream of becoming a stay-at-home mom. It was all I could think about: How would we make it happen? Could we afford it? I dreamed of watching my girls play from our porch, cooking dinner every night, having the time to work in their classrooms, go to their sporting events.Long story short, we did it. It wasn't easy; I quit my job, we moved to a different area, my husband had to transfer. But we did it.It was just as I had dreamed it would be... for a while. But it didn't take long for my restless nature to crash the party. I soon realized that I needed professional interaction. I also needed to be able to contribute to the household income, as much for personal fulfillment as out of financial necessity.So, I decided that I should try to find a job that I could do from home. I'd
In the information age, productivity miracles have become almost commonplace. But living digitally, also entails risk – the kind of risk that can bring a business to the precipice:
How to Purchase Underperforming Properties with Construction Loans
A SECRET STRATEGY TO TURN LOSERS INTO WINNERSI received a question from a Realtor last week that will give you insight into a purchase strategy that you can use with a commercial property whose current cash flow can’t support a loan large enough to complete its purchase. In other words, loan to value is restricted to 50% or less because values have shot up and cap rates have declined. We see this a lot on the coasts, in large cities, and on high quality properties.In this particular situation, we were dealing with an apartment building in a beach community that was selling for 22 times the current gross rent! (I kid you, not!) And believe it or not, that is a fairly standard Gross Rent Multiplier in higher end beach communities in California.The property could only support a loan of about $1.5 Million and the asking price was over $3.5 Million. To purchase that property “as is” would require a $2 Million down payment and would only offer the investor a 3.7% cash on cash cap rate with its current income (less with the loan). You’d be better off finding a good money market account!However, there were two options we could take that involve looking at what the property could be, not what it is. And herein lay one of the most powerful financing/acquisition strategies involving construction loans you could ever learn as a real estate investor.Option 1 was to loo
But living digitally, also entails risk – the kind of risk that can bring a business to the precipice:A SECRET STRATEGY TO TURN LOSERS INTO WINNERSI received a question from a Realtor last week that will give you insight into a purchase strategy that you can use with a commercial property whose current cash flow can’t support a loan large enough to complete its purchase. In other words, loan to value is restricted to 50% or less because values have shot up and cap rates have declined. We see this a lot on the coasts, in large cities, and on high quality properties.In this particular situation, we were dealing with an apartment building in a beach community that was selling for 22 times the current gross rent! (I kid you, not!) And believe it or not, that is a fairly standard Gross Rent Multiplier in higher end beach communities in California.The property could only support a loan of about $1.5 Million and the asking price was over $3.5 Million. To purchase that property “as is” would require a $2 Million down payment and would only offer the investor a 3.7% cash on cash cap rate with its current income (less with the loan). You’d be better off finding a good money market account!However, there were two options we could take that involve looking at what the property could be, not what it is. And herein lay one of the most powerful financing/acquisition strategies involving construction loans you could ever learn as a real estate investor.Option 1 was to loo
Downloading and Printing Images and Photos From the Web: A How-To Print Guide
One of the first things many people do when they get a new computer or printer is print everything in sight. They’ll print their favorite website or download a bunch of photos and print them. However, beginners tend to make several mistakes when printing websites so it’s important to follow these printing tips to make the most of your hardware and software.Photo Printing TipsStep 1: Download the photos you’d like to print.First create a folder on your desktop. Then start downloading pictures into this folder. You can do this by right clicking on the image you wish to save from the web and selecting “Save Image As..” You can then change the name of the file or leave it the same.Step 2: Edit the photos.With your photo manipulation software, set the photo resolution to somewhere around 200 to 300 DPI. This makes the image print quality rather than web quality, which is around 75 DPI. Photo printing at web quality makes for a pixilated, unfocused image. Doing so will give your photos the best quality they can achieve for photo printing.Step 3: Save your image.After you’ve made the adjustments to the photo, it’s time to save it. The standard format in which to save photos is .JPEG.Step 4: It’s time to print.Your first concern should be that your printer is of photo quality. If not, you cannot expect to achieve high-quality results. When you
iness to the precipice:One of the first things many people do when they get a new computer or printer is print everything in sight. They’ll print their favorite website or download a bunch of photos and print them. However, beginners tend to make several mistakes when printing websites so it’s important to follow these printing tips to make the most of your hardware and software.Photo Printing TipsStep 1: Download the photos you’d like to print.First create a folder on your desktop. Then start downloading pictures into this folder. You can do this by right clicking on the image you wish to save from the web and selecting “Save Image As..” You can then change the name of the file or leave it the same.Step 2: Edit the photos.With your photo manipulation software, set the photo resolution to somewhere around 200 to 300 DPI. This makes the image print quality rather than web quality, which is around 75 DPI. Photo printing at web quality makes for a pixilated, unfocused image. Doing so will give your photos the best quality they can achieve for photo printing.Step 3: Save your image.After you’ve made the adjustments to the photo, it’s time to save it. The standard format in which to save photos is .JPEG.Step 4: It’s time to print.Your first concern should be that your printer is of photo quality. If not, you cannot expect to achieve high-quality results. When you
Orlando Set To Dominate Condo Hotel Market
As one of the world’s top vacation destinations, Orlando offers beautiful weather, unparalleled theme parks, incredible shopping, championship golf and close proximity to top-notch beaches.In the hospitality field, the city has long been noted for its many hotels and timeshares. But now, it has also taken a leadership position in the condo hotel market with more properties under development than any other city in the country.CONDO HOTELS OFFER HASSLE-FREE OWNERSHIPBecause condo hotels are a new type of vacation home ownership, it’s not surprising that they’re popular in Orlando, the vacation capital of the world.These fabulously-furnished condominium suites in luxury hotels and resorts offer visitors fantastic amenities like full-service spas, state-of-the-art health clubs, resort-style pools, extravagant clubhouses, upscale restaurants and 24-hour concierge services.Owners can use their condo hotel vacation homes when they want and place them in the hotel’s rental program the rest of the time. They’ll receive a share of the revenue their unit generates, typically about 50%. Because the onsite hotel management company takes care of finding guests and maintaining and operating the property, condo hotels offer hassle-free ownership.EXPANSION OF THE HOSPITALITY SECTOR TO INCLUDE CONDO HOTELSGreater Orlando has approximately 120,000 hotel guest rooms
rds Administration, 93 percent of companies that lost their data centers for 10 days or more due to a disaster, filed for bankruptcy within a year of the disasterAs one of the world’s top vacation destinations, Orlando offers beautiful weather, unparalleled theme parks, incredible shopping, championship golf and close proximity to top-notch beaches.In the hospitality field, the city has long been noted for its many hotels and timeshares. But now, it has also taken a leadership position in the condo hotel market with more properties under development than any other city in the country.CONDO HOTELS OFFER HASSLE-FREE OWNERSHIPBecause condo hotels are a new type of vacation home ownership, it’s not surprising that they’re popular in Orlando, the vacation capital of the world.These fabulously-furnished condominium suites in luxury hotels and resorts offer visitors fantastic amenities like full-service spas, state-of-the-art health clubs, resort-style pools, extravagant clubhouses, upscale restaurants and 24-hour concierge services.Owners can use their condo hotel vacation homes when they want and place them in the hotel’s rental program the rest of the time. They’ll receive a share of the revenue their unit generates, typically about 50%. Because the onsite hotel management company takes care of finding guests and maintaining and operating the property, condo hotels offer hassle-free ownership.EXPANSION OF THE HOSPITALITY SECTOR TO INCLUDE CONDO HOTELSGreater Orlando has approximately 120,000 hotel guest rooms
Business Travel Destination Spotlight
Chicago – the city that has it all - from a diverse population, world-class educational institutions, and sensational restaurants to a breathtaking skyline and countless museums. Dubbed the ‘Windy City’ in 1893 by Charles Dana, the editor of the New York Sun – not for its weather but for its long-winded politicians, Chicago has grown from a village of just 350 to a bustling city of almost three million.Transportation Airports Serving Chicago There are two airports that service the Chicago area – O’Hare International and Midway. O’Hare (ORD) is the larger of the two airports, servicing over 70 million travelers per year. Located 20 miles from downtown, there are many transportation options including public transport, taxis, shuttle services and hire cars.O’Hare is an airport full of modern amenities and services. Recent upgrades have been completed at the International Terminal 5 and additional renovations are underway at Terminals 2 and 3. Expected completion date is later this year.Midway (MDW) is significantly smaller than O’Hare, serving 17 million travelers per year, but is only 10 miles from downtown. The Chicago Transit Authority (CTA) offers transportation from Midway to downtown Chicago via the orange line buses. Other shuttles, regional buses and of course taxis and car services also offer transportation to downtown.Midway has all of the
ays or more due to a disaster, filed for bankruptcy within a year of the disaster. Fifty percent of businesses filed for bankruptcy immediately. Chicago – the city that has it all - from a diverse population, world-class educational institutions, and sensational restaurants to a breathtaking skyline and countless museums. Dubbed the ‘Windy City’ in 1893 by Charles Dana, the editor of the New York Sun – not for its weather but for its long-winded politicians, Chicago has grown from a village of just 350 to a bustling city of almost three million.Transportation Airports Serving Chicago There are two airports that service the Chicago area – O’Hare International and Midway. O’Hare (ORD) is the larger of the two airports, servicing over 70 million travelers per year. Located 20 miles from downtown, there are many transportation options including public transport, taxis, shuttle services and hire cars.O’Hare is an airport full of modern amenities and services. Recent upgrades have been completed at the International Terminal 5 and additional renovations are underway at Terminals 2 and 3. Expected completion date is later this year.Midway (MDW) is significantly smaller than O’Hare, serving 17 million travelers per year, but is only 10 miles from downtown. The Chicago Transit Authority (CTA) offers transportation from Midway to downtown Chicago via the orange line buses. Other shuttles, regional buses and of course taxis and car services also offer transportation to downtown.Midway has all of the
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