Contents

redit cards are wonderful tools, but they come with serious responsibilities. You should be using a credit card to your advantage - whether that means getting an interest-free loan every month by paying your balance off in full, or just the simple security and satisfaction that having extra buying power at your fingertips can bring.

Credit - Over the Limit

Credit - Over the LimitImagine you had a credit card was a $500 limit, and in the run-up to Christmas, you nearly maxed out your card. Before taking that last shopping trip of the season, you went online to check your balance and saw that you had $19 of available credit. "No matter," you say to yourself, "I'll pay the balance in full when I get my Christmas bonus from the office." The only other charge you made was for a couple of mochachinos at the local coffee house, but two days later you were shocked to learn that you somehow went over your credit limit! Worse yet, your card company hit you with a $29 fee! The Mochachino That Broke the Camel's BackThis can happen a lot easier than you might expect. In the above example, you may have recently "paid at the pump." Oftentimes a gas station charges your card only $1 at the point-of-purchase and applies the remainder of the charge to your card later that day (or the next day). Let's say you had $17 in gas that you forgot about. That would reduce your available credit to $3 ($19 - $17 + $1 for the refunding of the temporary charge). Then when you bought two $2.50 drinks, you pushed your balance to $502, exceeding your credit limit by $2, and receiving a whopping $29 fine. It happens all the time.The real question should be, "Why do "credit card" companies let this happen?" After all, couldn't they just reject your card at the coffeehouse? The gas station reserves the funds on your card even before it charges them, so shouldn't you not be able to buy the coffee and go over your credit limit? It depends. Some people would find this embarrassing fate more horrible than the $29 over-limit fee, particularly if the second coffee was for a romantic interest or client. But the reality is that credit card companies exist in the world to make money. There's nothing wrong with that, but you need to be aware of the fees and expenses associated with your card and do your best to avoid them. Tips for Avoiding Over-Limit Fees 1. Use a separate card for your gas purchases. Since "pay at the pump" can distort your true balance, it is wise to use one card exclusively for gas. This can be an actual gas card or just a regular card card that you designate as your own gas card. It might be okay to have some recurring charges (cable bill, subscription charges, etc.) also on the card, but don't use it to make "discretionary" purchases. If you have $200 of recurring charges on your card and you typically spend $80 a month on gas, this means you'll only need a card with a $300 limit. Then again, $500 would be better for a little cushion in case you spend more on gas - either because you take a trip or because gas prices to through the roof! 2. Check your balance on a daily basis. If you maximize the benefits of your credit cards by nearly maxing them out each month and then paying off the balance in full, then you need to spend a little more time making sure managing your cards. Check your balance online every day and look at the itemized charges. Sometimes charges don't show up right away, so be on the lookout for anything that's missing. And if you do use your card for gas, make sure you keep your gas receipts so you know how much you really spent when your statement still says "$1."The Real Cost of Exceeding Your LimitNo one likes paying $29 extra for a couple of coffees, but the even greater cost of going over your credit limit is the damage it does to your credit. Many card companies begin charging you the maximum interest after just one overage - and not the card you went over on. An entirely unrelated company might also jack up your interest rate, even though you've always paid your bills on time with them, so do everything you can to avoid going over.Credit cards are wonderful tools, but they come with serious responsibilities. You should be using a credit card to your advantage - whether that means getting an interest-free loan every month by paying your balance off in full, or just the simple security and satisfaction that having extra buying power at your fingertips can bring. But when you start paying $29 fees and higher interest, you are letting the powerful tool wield itself against you. Be a smart consumer, but also check the over-limit fees and practices of cards before you sign up for them. No one intends on exceeding their credit limit, but it does happen to most people, so be aware!Sincerely,James

Company Hi-Jacking

Company Hi-Jacking

Company Hi-jackingEvery company registered at companies house in the UK is now facing a new threat to their business in the form of 'Company Hi-Jacking'. This is when a company's identity is stolen by fraudsters. These criminals simply submit a forged form to Companies House, changing a company's registered address to a new location.Using the selected company's name and the new address, they are then able to carry out fraudulent activities, obtaining credit to purchase goods and services. This form of fraud is estimated to cost 50 million a year to industry.As company hi-jacking is on the increase, the Metropolitan Police Service and "companies house" are urgently advising companies to take simple preventative measures to minimise their company's identity from being hi-jacked, including:1. IMMEDIATLEY check your company's registered details are correct and that they have not been fraudulently changed - Search for FREE now at creditgate.com.2. IMMEDIATLEY subscribe to an online monitoring service that will alert you by email if any changes are made to your company's details at companies house in the future - Subscribe for this FREE service now at www.creditgate.com.3. IMMEDIATLEY start using a Credit Reference Agency to satisfy yourself that each new customer is legitimate, as well as credit worthy - http://www.creditgate.com provide a full range of Credit Reports and Companies House documents, which are available instantly online.

Corporate Shells.

Corporate Shells.

A corporate shell could be likened to a house that had been occupied by a family. Prior to the family moving out it was a home. But now it is just shell, a skeleton, a plain house with nobody in it, but if a family was to purchase the house and move in, it becomes a home.Similar, a corporate shell was once the home of an operating company but once the operating company ceases to reside there because of adverse circumstances ( bankruptcy or liquidation ) all that remains is the shell.Buying and selling corporate shells has become big business, just a couple of years ago a corporate shell sold for approximately $150,000.00 today they go for upward of $500.000.00. Talk about inflation! The increase in price is due to increase scrutiny by the Securities and exchange commission and the demand for shell by Chinese companies seeking to become listed in the United States.As usual when there is money to be made the vultures appear with their unscrupulous practices. In most cases the shells are own by the same operators who are also acting as consultants to the companies they are helping to become public. This may be a conflict of interest but they are able to hide their ownership well with the help of securities lawyer who may also have a piece of the shell.The situation described above creates a huge conflict of interest that the regulators have yet to figure out because of the intricacy of the many participant who work in harmony and are able to conceal their actions from the regulators.If the consultant indirectly own a shell and is trying to sell it to the company that they are advising, how well is he going to represent the client when it comes to price and the amount of shares that they are to Retain? And how about with assisting the company in performing the proper research on the shareholder list and the history of the shell.Dont get me wrong there are many honest and well meaning consultants and shell vendors who established the shells for the sole purpose of creating a vehicle for private companies to go public, Just like you have the unscrupulous characters that appear every time there is an opportunity to make money, you also have honest enterprising individual who see an opportunity and take advantage of it.Once the operating company purchases the corporate shell and merges into it, the owner of the private company receives a majority of the shell corporation stock (usually 90-95% ) through a new issue of stock for the private enterprise.The public corporation will normally change its name to the private companys name and elect a new Board of Directors which will appoint the officers of the company. The public corporation will usually have a base of shareholders sufficient to meet the requirements for listing on the Nasdaq Small Cap Market of Nasdaq Bulletin Board. Although some shell have as few as 35-50 shareholders and are currently listed on Bulletin Board or the NQB pink sheets.At our company we dont have an inventory of shells nor do we recommend a single vendor, instead we recommend several and after the private company selects a vendor we approach the process as if we were buying the shell for ourselves.For more information please visit our website: http://www.genesiscorporateadvisors.com

Offshore Employee Outsourcing

Offshore Employee Outsourcing

Need help in achieving your companys full potential?Offshore Employee Outsourcingwould be the best solution for you!Outsourcing is one of the most powerful business tools to date. Several companies in various parts of the world are deploying this strategy to continually maintain their stability in the overly competitive market while still providing low-priced products and services to their customers.If youre not much familiar with the outsourcing industry, several questions must have been currently roaming on your head. And most probably, the first question that would pop-out into your mind is What is outsourcing all about?Offshore outsourcing is a kind of strategy wherein services are procured from external suppliers overseas. It is a set-up in which non-core operations are delegated from an internal department within an establishment to an outside supplier with specialization on that kind of operation. It offers you great cost, quality and time advantages. This helps in substantially lowering overhead expenses and enables you to focus on your companys core competencies such as strategy and growth.Maybe youre now wondering how this strategy would provide you with such advantages. Well give you a larger view of how outsourcing will work out well for you.As an outsourcing company, we will be providing you with these benefits:Deferment from the following liabilities: non-productive administrative costs, human resources related fees, government taxes, levies, unemployment insurance costs, in-house training expenses, etc. Since we will appear as your employee on record, we will take care of all these for you!Our leased employees will be submitted to your company fully geared up- with their own office table, computer, internet access, and everything they could possibly need! Wow! Isnt that a relief from the burden of budget allotment not only for your staff but also for your equipments?By outsourcing overseas, you can take advantage of the value of less than par foreign currencies. Imagine you will only be paying us a fraction of the cost in comparison to the actual charges of using local manpower resources in your area.Say goodbye to the worrisome budget allotment and time consuming tasks associated with traditional recruitment and staff maintenance matters! We will also handle those duties for you! We will take care of almost all of the routine maintenance and development tasks for you.Round the clock service availability! We operate 24 hours a day, 6 days a week, 4 weeks a month.You can now focus on the mainstream of your business. This will further boost your ability to compete with other large-scaled businesses out there. Prime Outsourcing is an IT outsourcing and offshore employee leasing company. We specialize in high quality, cost-effective, flexible services that ensure utmost client satisfaction. As a team, we are determined to provide you with the utmost services you deserve. It is our goal to assist you in becoming more efficient and competent. Our office is located in Manila, Philippines- known as one of the largest English speaking country in Asia. Our employees speak fluent English and are familiar with Western business trends and practices.Our company takes pride in having highly competent and dedicated professionals who are constantly updated in technological developments and regularly practices the latest in Information Technology. All of them are college graduates and most of them have several years of experience on their respective fields. We have the people who know how to get the work done! During the course of our leasing program, we continually work on their skills enhancement. We regularly conduct in house trainings and constantly monitoring their progress.We have the following professionals ready for you:graphic designercreative writerprogrammerweb developergeneral staffand much more!See how Prime Outsourcing can move you one step ahead of the competition!Contact us today and we will do our best to earn your business!

Federated Prepares to Absorb May Department Stores

The American retailing industry is witnessing the absorption of The May Department Stores Company ["May"] into the Federated Department Store group of companies. Pending federal approval, Federated will sell off as many as 68 May stores after the upcoming holiday season is complete. How this plan will affect shoppers is only beginning to now be realized.When Federated announced their interest in acquiring May earlier this year, not too many people were surprised. Yes, the size of the acquisition is huge and some wondered aloud how Federated would fit May into the fold, especially with a huge overlap of store brands and locations. Still, Federated was looking at the merger as an opportunity to expand their venerable Macy's name to areas of the country not served by the chain. With the pending acquistion we know the following:

  • All 330 May's stores will be converted to the Macy's brand.
  • Long time brand names such as Filene's, Hecht's, and Kaufmann's will disappear.
  • Lord and Taylor, with 58 stores, will remain a brand and could be expanded, as well as Marshall Fields which has 60 stores.
  • The 243 David's Bridal stores, 453 After Hours Formalwear stores, and 11 Priscilla of Boston stores compromising May's Bridal Group will probably be left alone.Analysts are concerned that the bigger Macy's brand may run into some difficulty. Long accustomed to serving a higher end clientele, Macy's may find it difficult selling their wares in stores throughout the heartland that is currently dominated by the likes of Target and WalMart. Income levels in many of these served areas are far lower than the major metropolitan areas where Macy's dominates. Some are wondering if the Macy's name will have to "drop down" to accommodate the new markets.It has been forecast that federal approval will given by the end of the third quarter, just in time for the big holiday shopping season. Federated's present to itself this Christmas season will be a bigger retail family to support; time will tell if consumers "buy into" the expanded retail giant or go elsewhere in search of other opportunities, especially in the heartland where the Macy's brand is currently unavailable.Regardless, 2006 will shape up as a year of change with recognized store brand names such as Filene's disappearing and with the Macy's name expanding. Let's see how the American consumer reacts!

    Top 8 des Bonnes Raisons de Jouer au Casino

    Lors de multiples discussions, il en est ressorti que ce qui motive une personne a jouer de plus en plus au casino et autres jeux d'argent est son rapport a la vie. Pour ces dernieres, la vie elle meme est un jeu. Respirer est un jeu,sortir hors de chez soi est un jeu, bref, meme le quotidien est un jeu. mais le casino, quant a lui, nous offre des sensations uniques car les paris ne sont, contrairement aux mouvemet quotidiens,bases que sur le fruit du hasard. Le casino procure a l'homme une montee d'adrenaline hors norme. Le risque est donc plus fort.Ainsi, de cette etude. il en est ressorti les resultats suivants: Le temps des vacances: Ces 10 dernieres annees, Las Vegas est devenue l'endroit populaire pour jouer en famille car a la mise en place de systeme de resort et d'attractions familiales.Pour gagner et devenir riche : De toutes personnes interviewes ces personnes sont les plus representatives du phenomene. Elles sont venues au casino avec l'espoir de devenir riches et de pouvoir changer le cours de leur destin.Problmes d'argent :Rejoint l'idee precedente. Beaucoup semble croire qu'ils peuvent regler leurs problmes d'argent en jouant. Or, il y a aussi de forte chance, si madame chance n'est pas la, qu'elles engrangent d'avantages de pertes et de problemes si elles ne peuvent gerer leurs jeux et leurs mises.Salle de Mariage:Pour certains, se rendre au casino est l'endroit ideal pour celebrer son mariage. Un peu comme dans une eglise quoi. Et de preference a Las Vegas ou Salt Lake City. Leurs salles deviennent a la mode pour ce genre d'evenement en raison de leur prix rentable, l'originalite de leur hall d'accueil et l'espace de la salle pouvant accueillir grand nombre d'invites.Leurs revenus.Pour certains, le casino est comme un metier. Certains y passent toute leur journee pour pouvoir remporter une sorte de "salaire" plus ou moins eleve d'ici la fin du mois.Pour trouver l'ame soeur:Vous n'imagineriez pas le nombre de personnes celibataires se rendant en casino lors de parties de celibataires, uniquement dns l'espoir de trouver l'ame soeur et pourtant. Grand nombre de personnes interrogees y ont mentionne ce desir. Pour fuir de chez soi :La majorite des personnes interrogees ayant repondu pour sortir de chez soi sont essentiellement des gens de la gente masculine, tous maries depuis plus de 10 ans et peres de famille. Ces derniers se rendent generalement au casino en moyenne une fois par mois pendant quelques heures avant de rentrer.Pour le plaisir :Ces personnes auraient eu la bonne reponse. Toutefois, j'ai du mal a croire que cette categorie, qui devrait apparaitre en premiere place, ne se trouve au final qu'au bas de la liste. En effet, jouer au casino devrait etre avant tout une partie de plaisir. Integrer une ambiance hors pair d'un casino reel, avoir des boissons gratuites et ameliorer leur techniques de jeux, telles sont leurs principales preoccupations.

  • Summary

    redit cards are wonderful tools, but they come with serious responsibilities. You should be using a credit card to your advantage - whether that means getting an interest-free loan every month by paying your balance off in full, or just the simple security and satisfaction that having extra buying power at your fingertips can bring.