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The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent (¢) units. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418).
The U.S. dollar is commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain (24.1 g) pure or 416 grain (27.0 g) standard silver. Since the currency is the most used in international transactions, it is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Susan B. Anthony dollar).
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Get an LLC: 1 Business Day Swyft Filings. Business names, create an LLC, Business registration
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Exactly how to obtain an LLC – 1 Business Day Swyft Filings
To create an LLC, you will certainly require to comply with these steps:
Choose a name for your LLC that is not already being used by an additional business as well as is compliant with your state’s naming guidelines. 1 business day Swyft Filings.
Submit articles of organization with your state’s LLC declaring office. This file officially develops your LLC and includes details such as the name and address of the LLC, the names and also addresses of the participants, as well as the function of the LLC.
Obtain any kind of needed licenses and permits for your business.
create an operating agreement, which outlines the administration as well as financial structure of the LLC.
Pay any needed charges to the state for registering your LLC.
Note: 1 business day Swyft Filings. The procedure for developing an LLC will certainly differ relying on the state where you intend to create it. It is suggested to consult with a lawyer or an accountant who can guide you on the particular rules and laws of your state.
Just how to get a business license
Figure out the type of business license you require: Depending upon the kind of business you intend to run, you might need a specific kind of license. If you intend to sell alcohol, you will certainly need a alcohol license.
Study neighborhood as well as state demands: Each state as well as community has its very own set of policies as well as policies for acquiring a business license. 1 business day Swyft Filings. You’ll require to look into the particular demands for your location to ensure you have all the required documents and documentation.
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Maintain your license upgraded: 1 business day Swyft Filings. Once you have your business license, you will require to maintain it updated by renewing it annually or as needed by your regional or state government.
Just how ahead up with a business name – 1 Business Day Swyft Filings
Beginning by conceptualizing key phrases that associate with your business. 1 business day Swyft Filings. These can consist of the product and services you offer, the target market, or any type of unique functions of your business.
Consider the character or tone you want your business name to convey. For instance, do you desire a name that is serious as well as expert, or something extra fun and catchy?
Think about utilizing a mix of words that pertain to your business. This can consist of industry-specific terms, or words that show your firm’s values or mission.
Experiment with various word combinations and see what sounds excellent. You can also use a business name generator tool to assist you generate concepts.
Inspect the schedule of your selected name by browsing online and checking if the domain is readily available.
Obtain feedback from close friends, family, as well as associates to see if they like the name as well as if it communicates the right message.
Once you’ve decided on a name, see to it to register it with the suitable federal government agency and also secure the needed hallmarks and also copyrights to safeguard your business name.
Just how to create an LLC
Select a one-of-a-kind name for your LLC: Your LLC name should be appreciable from various other business names on data with your state’s LLC declaring office.
Select a signed up Agent: 1 business day Swyft Filings. A registered Agent is a individual or business entity that will approve lawful files on behalf of your LLC.
File articles of organization: This is the paper that officially creates your LLC and has to be submitted with your state’s LLC declaring office.
Get any necessary licenses as well as permits: Relying on your business kind as well as location, you might require to obtain additional licenses and authorizations.
create an operating agreement: An operating arrangement is a legal document that describes the ownership as well as monitoring framework of your LLC.
Get an EIN: An EIN, or Company Identification Number, is a unique number designated to your business by the IRS for tax obligation purposes.
Register for state taxes: Depending upon your state, you may need to register for state tax obligations, such as sales tax or payroll tax obligations.
Follow continuous conformity requirements: LLCs are subject to ongoing compliance requirements such as annual reports as well as franchise business tax obligations.
Open up a business savings account: Open up a business checking account to keep your personal as well as business financial resources different.
1 business day Swyft Filings. File annual reports and taxes: LLCs are called for to file annual reports as well as taxes, contact your state for specific needs.
New Jersey business registration – 1 Business Day Swyft Filings
In order to register a business in New Jersey, the adhering to steps need to be completed:
Select a business name: 1 business day Swyft Filings. Business name must be distinct as well as not currently being used by an additional business. The name can be looked for availability through the New Jersey Division of Revenue as well as Business Providers.
Register for tax obligations: 1 business day Swyft Filings. All companies in New Jersey are needed to register for state taxes, including sales tax, company withholding tax obligation, and joblessness tax obligation. This can be done via the New Jersey Division of Revenue and also Venture Services.
Obtain any kind of essential licenses or permits: Depending upon the kind of business, particular licenses or authorizations may be called for. 1 business day Swyft Filings. This includes licenses for certain occupations, such as doctor or construction specialists, in addition to permits for certain activities, such as food solution or alcohol sales.
Register for a business entity: Businesses in New Jersey can pick from a number of various types of legal frameworks, such as sole proprietorship, partnership, limited liability firm (LLC), or corporation. 1 business day Swyft Filings. The proper structure ought to be selected based on the certain demands of the business.
Submit articles of consolidation (if applicable): If business is a firm, articles of incorporation need to be submitted with the New Jersey Division of Revenue and Business Providers. This process consists of sending a certification of unification as well as paying a cost.
Register for employee withholding tax obligations: 1 business day Swyft Filings. Businesses with workers have to register with the New Jersey Division of Revenue and Venture Services to report and also pay staff member withholding tax obligations.
Obtain any essential insurance: 1 business day Swyft Filings. Relying on the sort of business, certain types of insurance policy may be needed, such as workers’ settlement insurance.
When all of these actions have actually been finished, the business will be officially registered and able to run in New Jersey. It is essential to keep in mind that ongoing conformity with state regulations as well as regulations is also required to preserve enrollment.
What is a business in a box? 1 Business Day Swyft Filings
A business in a box is a pre-packaged collection of resources, devices, and materials that are created to aid entrepreneurs swiftly as well as quickly start and run their very own business. 1 business day Swyft Filings. These sets commonly consist of things like business strategies, themes, advertising and marketing materials, training guides, and also software program or various other tools that specify to the kind of business being begun. Some examples of business in a box include franchises, online organizations, and home-based businesses. These kits can be customized to fit various industries and business models, and also can be a excellent way for people to begin their own business without needing to spend a lot of money and time on research and development.
How To Register business name
Pick a special business name: Prior to registering your business name, see to it it is one-of-a-kind and not already in use by one more company. You can make use of a business name search tool to inspect if the name is available.
Establish the type of business entity: Select the sort of business entity you wish to register as, such as a sole proprietorship, partnership, LLC, or firm.
Register with the state: The majority of states need businesses to register with the state federal government. 1 business day Swyft Filings. This can generally be done online or personally at the appropriate government agency.
Get any required licenses as well as licenses: Depending on the type of business you are operating, you may need to acquire specific licenses and authorizations. These can differ by state and market, so it is very important to research study what is required for your business.
Register for taxes: Register for any type of needed state as well as government tax obligations, such as sales tax obligation as well as income tax obligation.
File for a DBA Doing Business As if needed: If you’re operating under a name that’s different from your legal name, you’ll need to file for a DBA.
Maintain records: Keep all enrollment records, licenses as well as allows in a refuge for future reference.
What is a Business registration number? 1 Business Day Swyft Filings
A company registration number, additionally called a company registration number or business registration number, is a special identification number assigned to a company by a government agency. 1 business day Swyft Filings. This number is utilized to identify the company for lawful and management objectives, such as filing tax obligations, opening checking account, and performing business purchases. The style and area of the enrollment number might differ relying on the nation or state in which the company is registered.
Northwest Registered Agent
Northwest Registered Agent is a firm that gives registered Agent services to organizations in the United States. They act as the official factor of get in touch with for a business, getting and forwarding legal documents, such as solution of procedure as well as annual records.
Incfile is a firm that supplies business development solutions, including LLC development, corporation formation, as well as not-for-profit development. They also use services such as registered Agent solution, conformity solutions, and also business file declaring. Incfile aims to make the process of beginning as well as preserving a business as easy and also budget-friendly as feasible for their customers. They have a easy to use internet site and also supply step-by-step assistance throughout the procedure. Furthermore, Incfile offers a fulfillment guarantee and also a 100% money-back guarantee for their solutions.
What is Inc Authority? 1 Business Day Swyft Filings
Inc Authority is a company that supplies legal, tax obligation, as well as compliance solutions for organizations. 1 business day Swyft Filings. They aid entrepreneurs as well as local business owners integrate their businesses, handle their lawful and tax commitments, and make sure that they are in conformity with all suitable regulations as well as laws. Their solutions include firm development, registered Agent solutions, trademark registration, business license as well as permit assistance, and a lot more.
Zenbusiness is a company that provides business development and also assistance services to entrepreneurs and also little business owners. They supply help with setting up a new business, including selecting a business structure, getting needed licenses as well as licenses, and also signing up with state as well as federal firms.
Swyft Filings is a US-based online lawful service that offers an budget-friendly and easy way for companies to include or create an LLC (Limited Obligation Company). 1 business day Swyft Filings. They use a range of solutions consisting of business enrollment, trademark filing, and annual report services. Swyft Filings is known for their straightforward web site and also their dedication to supplying a fast and effective service. They additionally use a 100% fulfillment warranty as well as a digital authorized Agent solution.
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June 27, 2022 |
Brazilian digital lender Inter&Co has a funding structure in place that allows it to navigate volatile market conditions without having to sell more shares, CEO João Vitor Menin told LatinFinance on Thursday.
"We do not need that," Menin said of a possible follow-on offering. "We can keep growing our business and our loan portfolio without the need to raise equity. We can keep growing at the same pace for the next three years or more," he added.
Inter&Co started trading shares on the Nas
Brazilian digital lender has no need to raise equity for three years or more, CEO says


Others might understand compact living as the temporary definition of that which are the critical things in everyday lives. It's all about conserving space and discovering ways to utilize every square inch of our living room. Whether we like it or not, everybody is on the lookout for a piece of apartment furniture which will assist them save space. Within this world, it is not possible to do without having a personal computer or a tv and even then we must set this up so that we can watch our favorite TV shows when we want to.
Individuals that are concerned with saving their cash and at the exact same time trying to enjoy a more natural life are now resorting to apartments that are equipped with all the amenities and modern conveniences. Living in these sorts of home is also referred to as compact living as it reduces the entire quantity of space while maximizing the performance of a certain area. Living in these sorts of accommodations is a lot more than just having a place to sleep and remain at night, because there are quite a few benefits that come with these types of accommodations.
To start with, people who choose to have apartments that are equipped with these features have the ability to maximize the quantity of natural light available in any given room. Before, many buildings were built with large windows that let in plenty of sun in. But it is very tough to allow as much natural light into a room as possible if you have a smaller space to operate with. The result was chambers that would reflect the light in the windows and absorb most of the heat during the winter months but would allow little to no light to the room through the summertime. These kinds of rooms would also make it rather difficult to utilize the heat in each area.
Apartment dwellings that are equipped with natural light are easier to handle when it comes to saving money and using energy more effectively. It follows that little living spaces are far better at saving energy because they have more natural lighting during the day, which will help to keep the chambers cooler without having to use artificial components to keep the temperature down. This makes it simpler for small spaces to conserve energy because they’re more energy efficient, meaning the components will not require as much electricity as larger spaces. This may be particularly beneficial in the summer months once the sun is shining brightly and using a great deal of electricity is much more expensive.
Another benefit that comes with many condos and apartments that are designed with these features is they can be included in some housing growth programs. Since there are so many different housing developments being constructed, developers tend to be interested in placing affordable housing units into these projects. Sometimes, you will find housing improvements that were designed specifically for people that have selected to lease a compact dwelling unit or even a studio as a substitute form of home ownership. In such cases, the developer will work closely with a local housing authority to get the project approved. There are even some developers that are helping to remodel or construct cheap housing units and paying to the construction expenses out of their own pocket due to the tax breaks that they can get if the development is regarded as a low income housing project.
If you are thinking about converting your current apartment into one of these kinds of dwelling spaces, it’s important that you consider the advantages that you will get by converting your apartment into one of these housing choices. Even if your present budget does not let you pay for a brand new studio sized flat, there are techniques to reduce the expense of owning an affordable apartment by altering your present home into these new housing types. Check with the local housing authority to find out what codes your apartment has to meet in order for one to legally rent these new apartment buildings. It could be a good idea to seek advice from an attorney before beginning any sort of conversion, however, in order to be sure that you are getting a great deal on your investment.


Our previous publication, “The Equation of Willingness,” highlights a missing equation from the Modern Portfolio Theory driving economic performance. The equation balances economic freedom and market integration. The first term favors a Schumpeterian growth, while the second, a Ricardian growth.
In this letter, we experiment with the equation throughout the world to identify countries and economic zones that have found the optimal trade-off for value creation.
And the winner is… Northern Europe.


Squibb Group’s clash with HMRC stands as a cautionary tale illustrating the consequences of alleged tax irregularities. The firm faced accusations of improper payments by its directors, supposedly using company funds for personal expenses. The subsequent imposition of a hefty charge and allegations of underpaid taxes spanning several years led to a winding-up order by the High Court. Squibb Group denies these allegations and had appealed to the First Tier Tribunal (Tax Chamber) prior to the winding-up.
Understanding the Troubles Faced by Squibb
The case of Squibb Group underscores the complexities and potential pitfalls of managing finances, especially in relation to tax compliance. Their alleged misuse of company funds for personal expenses, improper expense claims, and disputed deductions for business expenses served as the catalyst for HMRC’s pursuit.
HMRC’s court submission contested the assertion that certain payments were exclusively for trade purposes, expressing disbelief in their legitimacy as genuine business expenses due to insufficient evidence. Additionally, HMRC questioned the authenticity of some submitted invoices. The tax body’s assessments span from 30th June 2003 to 31st January 2015, encompassing corporation tax and VAT sums. HMRC provided a detailed list to the court, highlighting over £4 million that directors were purportedly deemed to have inappropriately extracted or spent. Furthermore, HMRC hinted at potential additional claims, linking to their allegations of the company incorrectly claiming deductions for business expenses and understating its income.
HMRC’s Allegations against Squibb Group
HMRC’s investigations pointed to various discrepancies in Squibb Group’s financial dealings, including allegations of:
- Improper Cash Extraction: Former directors allegedly withdrew cash from the company for personal reasons, not duly recorded in the director’s loan account.
- Misuse of Company Funds: Company finances were purportedly used for personal and private expenses, involving extravagant costs such as constructing a home swimming pool with a slide and a lavish family holiday at the Gleneagles Hotel, invoicing a staggering £31,771.50.
HMRC challenged these expenses, contending that they were not exclusively for trade purposes and lacked substantial evidence to validate their legitimacy as genuine business expenses. HMRC’s assessments, spanning from 30 June 2003 to 31 January 2015, encompassed corporation tax and VAT, totalling more than £16.5 million.
HMRC is pursuing an additional amount of £1,654,771.63 from Squibb Group concerning PAYE, National Insurance, student loan repayment, and Construction Industry Scheme payments that the tax body alleges the company did not fulfill.
Squibb Group’s Defence and Ongoing Dispute
Squibb Group vehemently refuted these claims, contesting the assessments and penalties imposed by HMRC. Despite appeals and reviews against HMRC’s findings, Squibb Group faced increased assessments and penalties, prolonging the arduous nine-year-long dispute. The company continues to appeal to the First Tier Tribunal (Tax), aiming to challenge HMRC’s allegations, asserting that the tax investigation has created immense strain on the firm and its stakeholders.
How we can help your business appeal to the FTT
The procedural rules governing the First Tier Tribunal are found in the Tribunal Procedure (First-tier Tribunal) (Tax Chamber) Rules 2009 (SI 2009/273). The Tax Tribunal is completely independent of HMRC and is governed by an overriding objective to deal with cases fairly and justly (rule 2, First Tier Tribunal Rules (FTR 2009)). The Tribunal will consider the evidence of both parties, equally whilst the judge heavily relies on previous case law. We can lodge an appeal to the First-tier Tribunal (Tax Chamber) on behalf of your business against HMRC’s penalty decisions by taking the following steps
- Initiating the Appeal: As a business, if you disagree with a decision made by HM Revenue and Customs (HMRC), the initial step is to file a formal Notice of Appeal with the First-tier Tribunal (Tax Chamber). This notice must articulate the grounds for the appeal, specifics of the decision being challenged, and include any pertinent supporting evidence.
- Adhering to Time Limits: Ensure strict compliance with the appeal time frame, typically set within 30 days from the date of HMRC’s decision. Missing this deadline might jeopardize the eligibility of the appeal.
- Completing the Appeal Form: Businesses need to complete the relevant appeal form pertinent to the tax matter under dispute. These forms are accessible on the Tribunal’s official website or obtainable directly from the Tribunal office.
- Presenting Grounds for Appeal: Clearly articulate the reasons for disagreement with HMRC’s decision. This involves providing strong arguments and substantial evidence to bolster your case. Essential documentation, financial records, and correspondence exchanged with HMRC should be included to support your claims.
- Thorough Case Preparation: Devote significant effort to prepare for the tribunal hearing. This encompasses collecting and organizing supporting documents, preparing comprehensive witness statements, and arranging legal representation, if deemed necessary for a robust defence.
- Participation in Tribunal Hearing: The case will be heard before a judge at the First-tier Tribunal (Tax Chamber). Both the business (appellant) and HMRC will present their respective cases, provide evidence, and offer arguments. The judge will impartially assess the evidence and arguments before issuing a decision.
- Receiving the Tribunal Decision: The Tribunal will deliver its decision in writing, outlining the verdict and rationale behind it.
Protecting Your Business
To prevent finding yourself in a similar predicament, here are crucial steps to consider:
1. Transparent Financial Records: Maintain clear, accurate financial records that adhere to tax laws. Ensure personal expenses are distinct from company finances.
2. Compliant Expense Claims: Scrutinize business-related expenses meticulously. All expense claims should be legitimate and directly connected to business activities.
3. Vigilant Compliance: Regularly review tax submissions to ensure accuracy and compliance with HMRC regulations. Timely rectify any discrepancies or errors identified.
4. Seek Expert Guidance: Consult tax professionals or legal experts to ensure your business operations align with tax laws. Experts can offer invaluable insights and prevent potential pitfalls.
What Sets Us Apart?
1. In-Depth Knowledge: Our seasoned team possesses a comprehensive understanding of tax laws, regulations, and HMRC’s protocols, enabling us to craft robust legal strategies tailored to each unique case.
2. Proven Success Stories: We pride ourselves on a stellar track record of achieving positive outcomes in tax disputes. Our history of securing favourable resolutions for clients stands testament to our commitment and expertise.
3. Tailored Legal Solutions: Every case is unique, and so are our solutions. We provide bespoke legal guidance, meticulously tailored to address the intricacies of each dispute, ensuring our clients’ interests are protected.
4. Vigorous Representation: When it comes to litigation, we advocate fiercely on behalf of our clients, leveraging our expertise to navigate legal proceedings and pursue the most advantageous outcome.
Expert London Tax Lawyers
We understand the stress and complexities surrounding tax disputes. That’s why, at Lexlaw, we are dedicated to partnering with our clients, guiding them through the intricate maze of tax regulations, and tirelessly working towards achieving the results they desire.
We have years of experience negotiating with HMRC and handling tax appeals at the Tax Tribunals and in the High Court dealing with contentious tax disputes. We also work extensively with Accountants, Tax Investigation practices and former HMRC Officers to ensure your matter is handled correctly. The depth of our combined capabilities allows us to represent clients in a variety of situations, whether advising private or corporate clients during tax audits, pursuing administrative appeals, or litigating tax matters at the Tax Tribunal, Court or in tax appeals. Clients hire us because of our extensive experience in all areas, and especially because of our litigation experience – when necessary, we know when to go to the Tax Tribunal and we know how to litigate.
HMRC TAX DISPUTES LEGAL ADVICE & DEFENCE
Our lawyers have a track record of successfully challenging HMRC decisions and will assist you to get an optimal result. We analyse the merits at the very outset in an initial video conference together with leading (ex-HMRC and Big 4) tax litigation counsel. We provide urgent advice and representation to clients from our unique expert team of established Tax specialist solicitors and barristers with a proven track record of delivering results. Call us on +442071830529, or email [email protected].


[THE INVESTOR] Mid-priced hotels are on the rise in downtown Seoul, especially in Dongdaemun area and Myeong-dong, to meet the demand of rising foreign tourists opting for budget options, industry officials said.
Accor-Ambassador Korea recently opened Ibis Ambassador Dongdaemun in the popular shopping district, offering 242 rooms. This is the second hotel in the area by the Korean unit of the French hotel, after Ibis Budget Ambassador Seoul Dongdaemun.
Lotte City Hotel Myeongdong located in the bustling shopping area of Myeong-dong in Seoul
“Many single tourists have increased recently, so it’s difficult to satisfy customers only with the Ibis Budget Hotel,” an official of the hotel told local media.
Besides Ibis hotels, there are KY-Heritage Hotel Dongdaemun and Hotel the Designers Dongdaemun already, expecting more competition to heat up the area.
Many new budget hotels have emerged in Myeong-dong, the tourist hotspot that was mostly filled with luxury, four-to-five-star hotels. According to industry officials, more than 2,000 new rooms have been added in the bustling shopping area that is close to many traditional districts such as Insa-dong and Gwanghwamun.
Hotel Lotte, the Korean retail giant Lotte Group’s hotel unit, opened two new business hotels in Myeong-dong in January, Lotte City Hotel Myeongdong and the operator’s first boutique hotel L7 Hotel Myeongdong.
Marriott International opened its budget line Courtyard hotel in the area as well in May, while Starwood Hotel and Resort will join the trend and open its business hotel Aloft next February.
While industry officials welcome the wider options offered to travelers, they also raise concern that the fierce competition could lead to a price war.
By Ahn Sung-mi (firstname.lastname@example.org


Gold Standard has developed updated standard requirements under Gold Standard for the Global Goals. Based on the suggestions from the technical advisory committee the Agriculture and Forestry Activity Requirements have been separated.The updated Agriculture Activity Requirements (AGR AR) explains the basic eligibility conditions of Agriculture activities, and enables such eligible projects to undergo Design and Performance Certification, including issuance of Certified SDG Impact Statements and Products. The overarching conditions are explained in this document.
Period of Consultation:
2 Nov 2023-2 Dec 2023
Objective(s) of Consultation:
Objectives info goes here.
How to Submit Your Consultation:
We are now seeking views and comments on these new requirements. Please submit all feedback via the form by 2 December 2023.


CBI in its press release has stated that it has arrested CEO of LIC Housing Finance Limited(LICHFL), Mumbai, Secretary (Investment), LIC, Mumbai, General Manager, Bank of India, Mumbai, Director (Chartered Accountant), Central Bank of India, New Delhi, DGM, Punjab National Bank, New Delhi, Chairman & Managing Director and other officials of a Mumbai-based private financial services company in a bribery case.
CBI has further said that it has busted a racket wherein a private financial services company, its CMD and other associates were allegedly bribing senior officials of public sector banks and financial institutions for facilitating large scale corporate loans. They were also gathering confidential business information from Financial Institutions. Officers of top and middle management of PSBs and FIs viz. Bank of India, Central Bank of India, Punjab National Bank and LIC Housing Finance Limited were receiving illegal gratification from the private financial services company who were acting as mediators and facilitators for corporate loans and other facilities. Searches were conducted by CBI at Mumbai, Delhi, Chennai, Jaipur, Kolkata and Jalandhar and five separate cases have been registered by CBI and investigations are in progress.
Reports have been called by Department of Financial Services, Ministry of Finance from these institutions and the details as made available are as under:
LIC of India : The CEO of LICHFL Shri Nair and Shri Naresh Chopra, Secretary (Investment), LIC have been arrested. Senior executives of a financial services company private limited have also been arrested in this case. LICHFL has issued a press release assuring its investors, customers and business associates that all necessary steps would be taken to ensure that interests of various stake holders are fully protected. It has also said that all procedures and due diligences consistent with Board approved guidelines have been adhered to in approving the loans by the competent authority. It has also indicated that all loans have been secured by underlying assets to the full satisfaction of the appropriate authority.
Bank of India: The CBI at Chennai had enquired about particulars of Shri Tayal, General Manager, Mumbai Large Corporate Branch who was earlier working in Chennai Large Corporate Branch and sought information on three accounts viz. OPG Power, BGR Energy and Ashapura Minechem, Mumbai. Of these three accounts, Bank of India has reported that only one is at present NPA on account of derivative losses. Shri Tayal was interrogated by CBI in Delhi on 23.11.2010 on the above three accounts. He has been arrested by CBI.
Central Bank of India : The Chartered Accountant, Director on the Board of the Bank Shri M.S. Johar has been arrested by CBI in this case. No official of the bank has been arrested. CMD, Central Bank has confirmed that as per information available there is no impact of the above development on asset quality
Punjab National Bank: Shri V.K. Gujjal, DGM of the Bank has been arrested. Mr. Gujjal is working as Chief Operating Officer of PNB Investment Services Limited, a merchant banking subsidiary set up by the Bank and headquartered in Delhi. Prior to this he was working as DGM in-charge of Large Corporate Branch, Delhi from 30th May, 2009 to 22nd May, 2010. CMD of PNB has said that there is no information linking the above incidence to any loan account of the bank.


China to take over the world of online gaming in 2016
What's propaganda these days?
According to a Taipei based Market Intelligence and Consulting Institure (MIC), China will be asking Pinky what the plans are tonight. The plan is to take over the world, the world of the online gaming market (that's a Pinky and the Brain reference).
By 2016, China will overtake the online gaming market if the current trends hold true.
As of 2014, the global online gaming industry has reached over $80 billion - that's 8% more than the previous year. The Chinese market is expecting to grow from $16.1 billion to $24.5 billion next year. This would bump up the Chinese internet compant Tencent that currenly accounts for 50-60% of the online gaming market. MIC also reported that the popularity of web-based games with no downloads required will go down, and mobile games will grow to 35% this year, up from 25% in 2014.
The PS4 was to launch in China on January 11th, but has been delayed indefinitely.


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AOV vs CR vs RPV vs GMV in Ecommerce: Important Metrics You Should Know (2024)
Whether you’re an experienced ecommerce player or just entering the market, understanding and gauging the performance of your online store is vital for growth and profitability.
The four principal ecommerce metrics that can largely impact your revenue are the Average Order Value (AOV), Conversion Rate (CR), Revenue Per Visitor (RPV), and Gross Merchandise Value (GMV).
What are eCommerce Metrics?
Ecommerce metrics are measurements that help you understand how your online store is performing. They provide an overview of the overall business health and can help in decision making and strategic planning.
These four metrics are essential for evaluating the performance of your ecommerce store from various perspectives, revealing the financial health of your business, and forming effective growth strategies.
1. Average Order Value (AOV)
Average Order Value (AOV) representing the average total of each order placed by customers over a specific period of time.
The importance of AOV metric is it provides a glimpse into customer behavior indicating how much they’re prepared to spend each time they shop from your online store.
Using the ecommerce AOV metric is useful in measuring and evaluating your pricing strategy, promotional offers, and product selection. Morever, monitoring AOV enables insight into whether customers buy just one product or add multiple items to their cart every time they make a purchase. AOV can also reveal whether they’re purchasing high-value items or inexpensive products.
To calculate AOV, you simply divide your total revenue by the number of orders. For example, if your total revenue is $20,000 and you’ve had 400 orders, your AOV is $50.
What does high/low AOV in e-commerce means?
Having a high Average Order Value (AOV) means that, on average, customers are spending a significant amount of money each time they place an order with your online store. This could indicate that they are purchasing multiple items or buying high-cost products.
A high AOV is generally seen as favorable as it increases revenues.
On the other hand, a low AOV ecommerce metric suggests that customers are spending less money per transaction. This could mean they are only purchasing one or two low-cost items at a time.
A low AOV ecommerce isn't necessarily bad, but it might signal opportunities to up-sell or cross-sell to increase the total purchase amount of each order, and hence, increase the overall revenue.
2. Conversion Rate (CR)
The Conversion Rate (CR) stands as one of the vital heartbeat metrics to ecommerce business.
Conversion Rate signifies how successful your site is at funneling visitors to complete a conversion, usually a purchase. It’s a window into the effectiveness of your marketing initiatives, offering insights on customer behavior and your website’s usability.
Simply put, if you have a high site traffic volume but low sales figures, your conversion rate is low. A high conversion rate, conversely, indicates your ecommerce strategy is on the right track - your site design is user-friendly, your product offerings and prices are attractive, and your users find what they’re looking for on your site.
Calculating your conversion rate is reasonably straightforward. It’s the total number of conversions divided by your site’s total visitors within a set timeframe, multiplied by 100%. For example, if your site had 15,000 visitors in a month and made 1,500 sales, your conversion rate for that month would be (1500/15000) x 100% = 10%.
Remember, optimizing conversion rates shouldn’t be a one-time project, but an ongoing strategy. Keep testing and tweaking various site elements to continually improve the user experience and bolster sales.
What is a good conversion rate?
A "good" ecommerce Conversion Rate (CR) can vary greatly depending on the industry, region, and the type of goods being sold. However, across industries, a general benchmark is that a good ecommerce CR is typically around 2.5% to 3%.
This means that 2 to 3 out of every 100 visitors to your online store are making a purchase, keep in mind that even a small improvement in CR can significantly boost your revenue!
3. Revenue Per Visitor (RPV)
Revenue Per Visitor (RPV) is another vital ecommerce metric that tells you how much revenue each visitor to your site brings on average.
Ecommerce RPV is calculated by dividing your store’s total revenue by the number of visitors. This metric is beneficial in assessing the effectiveness of your online marketing strategies and ensuring they’re cost-effective.
It allows you to see whether your marketing and promotional efforts are truly paying off in terms of increased revenue.
Let’s say your online store makes $50,000 in one month and attracts 20,000 visitors. To calculate the RPV, you would divide the total revenue ($50,000) by the number of visitors (20,000). The result is $2.50 - so, on average, each visitor to your site that month generated $2.50 in revenue.
If your RPV is higher than the cost of acquiring (CAC) a visitor (through marketing or advertising costs), you’re in a profitable situation. But if it’s the other way round, it indicates that you are spending more to attract customers than they are bringing in as revenue.
4. Gross Merchandise Value (GMV)
Gross Merchandise Value (GMV), also known as Gross Merchandise Volume, gives insights into the overall volume of sales over a specific period. Technically, GMV refers to the total value of goods sold through an ecommerce platform before any deductions for fees, commissions, returns, or cancellations.
This metric helps you understand the raw sales volume, giving an immediate understanding of the business’s scope and size. Therefore, tracking GMV can help you gauge the growth rate of your business and determine if you’re reaching your sales targets.
It’s worth mentioning that while GMV can show impressive sales volumes, it’s NOT indicative of profit. Nevertheless, a steady increase in GMV signals a positive wave in attracting and selling to customers.
Calculating GMV can be quite straightforward; you multiply the price at which each product was sold by the number of those items sold within a given time period. For instance, if you sold 250 laptops at $300 each, your GMV for that particular product would be $75,000 in that specific time period.
Strategizing and focusing on optimizing GMV can help increase your user base and order volumes, and when paired with other vital ecommerce metrics like AOV, CR, RPV, you will have a comprehensive assessment of your business’s performance and profitability.
What is the difference between Revenue and GMV?
While GMV and Revenue are both important metrics for ecommerce businesses, they represent different aspects of your sales performance.
GMV, as mentioned earlier, is the total value of merchandise sold through your platform, without deducting any fees or expenses. It includes the total sales price of all products, including those sold by third-party sellers on your platform, if applicable.
Revenue, on the other hand, is the actual income your business generates from sales after deducting any fees, discounts, or expenses. For example, if you're selling products on behalf of third-party sellers, your revenue would be the commission or fees you earn from those sales, rather than the full GMV.
In summary, GMV represents the total sales volume, while Revenue represents the actual income your business earns from those sales. Both metrics are crucial for understanding your ecommerce business's performance and making informed decisions to drive growth.
Understanding and utilizing these four fundamental ecommerce metrics – AOV, CR, RPV, and GMV, can help businesses maximize their profitability and ecommerce success.
By tracking these metrics, you can spot trends, enhance customer experiences, streamline marketing efforts, and optimize your investment returns. As you set up your tracking and performance reporting, keep these four metrics at the top of your list.
Remember, data guides the best decisions, and harnessing these insights can set you apart from your competition.


A MESSAGE FROM THE CEO
I am writing this message to update you on the status and health of your credit union in these difficult times in our society. With the scourge of COVID-19, the massive unemployment levels, and the revelation of inequality in the African American community, these are very tough times we are now experiencing. As it is, and always has been in this community, we have found a way to make it out of no way. The community has really stepped up to give support and encouragement to the Hill District Federal Credit Union, the only African American owned and operated financial institution in the tri-state area even in these challenging times. In the month of June, we opened 116 new accounts, our total assets have increased by more than 2 million dollars over the same period last year and we have been able to institute new services to help address our member’s economic downturn. If you know of anyone in the community that is having financial difficulties and need help and/or guidance, do not hesitate to send them our way. We know for a fact that in order to be blessed by God, you have to be a blessing to His people. Thank you one and all for having faith and confidence in the Hill District Federal Credit Union for the past 50 years and we look forward to continuing our mission in the community which is attending to the financial health of those we serve.
Spread the word! We have room for all who want to join!
Richard Witherspoon, Treasurer/CEO
What can the Hill District Federal Credit Union do for YOU?
BOARD OF DIRECTORS
President ............. Earl Hord, Jr.
Treasurer ............. Richard Witherspoon
Secretary ............. Khamil Scantling
Director ............. Thelina Williams
Director ............. LaKeisha Wolf
Marvin B. Prentice


Combined Commercial as exclusive agents are pleased to present these rare and attractive units to the market.
Located within the tightly held Narellan bulky goods precinct, this property offers access to Camden Valley Way, Narellan Road and Camden Valley bypass. Additionally, the Hume Motorway/M5 & M7 Motorway is only a short distance away.
These units offer the astute purchaser the opportunity to secure an asset with strong income potential.
Well-constructed units in a small complex of 5 units.
Opportunity for investors or owner occupiers.
Three of the five units are under offer - leaving only two available for purchase.
* Property has fantastic exposure to Camden Valley Way
* B5 Zoning
* Securely fenced and gated
* Functionally built and strategically positioned
* Parking on-site
* Individual amenities
* Good internal clearance
Zoned B5 Business Development - encouraging a mix of business and warehouse uses, bulky goods and retail premises. (STCA)
Other surrounding businesses within the precinct are the likes of McDonald's, KFC, Subway, Caltex and Horseland just to name a few.
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own investigations.


Commercial mortgage brokerage closed loans with 180 lending institutions, the most in the firm’s 21-year history
NEW YORK, Jan. 4, 2023 /PRNewswire/ — In 2022, Eastern Union — one of America’s largest commercial real estate brokerages — placed and closed loans with more lenders than in any year in the company’s 21-year history.
During its first full year of leadership under president and CEO Abe Bergman, the firm placed and closed loans with 180 individual lending institutions in 2022, representing its largest lender roster ever. The ranks of Eastern Union lenders last year grew by 31 percent over 2021.
“This new record is a testament to Eastern Union’s never-ending drive to find the right lender for any asset category,” said Mr. Bergman. “Eastern Union brokers are skilled at adapting their approach to make sure our clients achieve their business goals.”
In addition, the average size of new loans put under application in 2022 increased by 24 percent over 2021.
And the size of the average loan put into process in 2022 increased by four percent over the 2021 average.
“We attribute Eastern Union’s superior performance in 2022 to our commitment to client service,” said Moshe Maybloom, managing director at Eastern Union. “Leveraging our deep understanding of the lending marketplace, our nationwide brokerage team works relentlessly to secure the best rates and terms for our clients.”
Among the year’s standout transactions, senior managing director Michael Muller arranged an $83.33-million bridge loan in support of the acquisition of The Halsten at Vinings Mountain, a 440-unit multifamily property in Atlanta.
In addition, senior managing director Marc Tropp helped America’s Realty secure $73 million in financing to acquire one million square feet of retail space over a six-month period.
Ben Schwartz, a senior loan originator, closed a succession of 23 commercial mortgages valued at more than $100 million overall in a total of five states within a five-week period.
And with two years on the job, 21-year-old Joseph Sasson — a commercial real estate loan originator — arranged for the $38.37-million refinancing of the Roseberry Apartments, a 285-unit multifamily property in Columbia, SC.
The company also witnessed steady deal flow in 2022 from its Healthcare Group under the leadership of Nachum Soroka and Jacob Schonland. Eastern Union also launched a new Hospitality Division led by Charles Hoffman and established an Investment Sales office in New York City under Ben Weiss, who came to the company after an 18-year tenure with The Besen Group, a New York City-based investment sales firm.
Founded in 2001, Eastern Union is a national commercial real estate firm that provides both financing services and capital markets advisory services. It employs more than 90 real estate professionals and closes billions of dollars’ worth of transactions annually. Eastern Union leverages its relationships with lenders and its marketplace knowledge to secure the best available rates and terms.
Headquartered in New York, Eastern Union secures financing for transactions of all sizes across the United States. Transactions, which can include multi-state and multi-site portfolios, encompass conventional commercial mortgages, structured debt, healthcare, hospitality, mobile home parks, single-family rentals, investment sales, and — handled in conjunction with company affiliate Eastern Equity Advisors — equity placement.
For more information, visit www.easternunion.com.
516 652 0785
SOURCE Eastern Union


London is home to almost a fifth of the United Kingdom's businesses, according to figures released by the Office for National Statistics.
18.2 per cent of the UK's 2.5m businesses were based in the capital in March 2015 - up from 17.1 per cent in 2013.
This is more than the total number of businesses in Scotland, Wales, Northern Ireland and North East England combined.
South East England had the next largest share, being home to 15.4 per cent of country's businesses.
The north of the country still had significantly fewer businesses - with North East England and Northern Ireland both having just a 2.7 per cent share.
They were home to just 66,000 and 67,000 VAT or PAYE based businesses respectively - six times fewer than London's total.
Between 2013 and 2015, all regions of the UK saw an increase in the number of businesses - although some saw greater increases than others, highlighting inequalities in the economy.
London experienced the greatest increase of nearly 29,000 businesses - representing a growth of 6.9 per cent between 2014 and 2015. This growth accounted for 32.1 per cent of the country's total growth.
Between 2013 and 2015, while the number of London VAT or PAYE based businesses soared 15.6 per cent, others stagnated.
Northern Ireland saw no change - with 67,000 businesses between 2013 and 2015 - while Scotland and the South West saw growth of 6.3 per cent.
London and South East England have the largest populations out of any regions in the UK - but they also have the largest number of businesses as a proportion of their population.
London has 5,444 businesses per 100,000 people, while the South East has 4,366 per 100,000.
This contrasts North East England - which had just 2,542 businesses per 100,000, based on 2011 census population data.


Finance Department receives prestigious Leadership Circle Silver Member Award
Wed, 08/06/2014 - 15:29 Edgar
by JUDY GRIFFIN.
During their regular meeting Tuesday evening, the City of Forney’s Finance Department was honored by Texas Comptroller Susan Combs for receiving the Texas Comptroller’s Leadership Circle Silver Member Award for the fifth consecutive year. The award is for continued progress for achieving financial transparency. The award recognizes local governments across Texas that are striving to meet high standards of financial transparency online.


A bit OT, but I hope not too badly, and that someone on this board knows the answer.
I'm considering transferring ownership of my home into an LLC, of which I would be the administrator. The property is subject to a mortgage, originated by USAA, currently owned by Fannie Mae, and serviced by Ocwen. I understand that one of these outfits would have to approve the transfer, but I can't get a straight story as to which one is empowered to grant (or refuse) such an approval. Is there any general statement that would apply to this situation. Thanks.
How long ago did you buy it?
Freddie Mac has a restriction on transfers/sales within X months of closing on a purchase of a Freddie Mac f/c'ed property. The penalty is Y. On most of the contracts I have seen it is a 6 month restriction and a $10,000 penalty. But your area could be different. Look at your contract, the Freddie Mac addendum and it is specified in the addendum. Same with Fannie Mae if others are reading this. BTW, this penalty applies even if you paid cash for the property. It is a deed restriction.
Check your mortgage and your note to see the restriction about transferring into an LLC. I am not sure if the mortgage and note you signed prohibits any transfers or not. You are better off speaking to a real estate attorney about this transfer anyway. Bring all your documentation (contract, closing docs and copy of your note and mortgage) Don't attempt this transfer without an attorney anyway to prepare the LLC and the deed.
If you transfer into your own trust, that would be a different answer. You still would want to speak an attorney.
Thanks for responding. I bought the property in 2003, refinanced in August 2010. I am working with an attorney for setting up the LLC, and she asked me to ask the holder of the note if they would approve the transfer into the LLC. I suppose I should ask her my question, but hoped to get a broader input here (and run up fewer billable hours). I'd also be interested in how a trust would be different.
You have had the property 10 years so it is a non-issue with Freddie Mac. I am glad to hear you are working with an attorney and not doing it yourself, you will save yourself many headaches down the road.
To check with your note holder you have to go through your servicer and Ocwen is not really known for being cooperative at all. Remember the servicer is your contact. The servicer may or may not own your note. It is more common for the servicer to NOT own your note, but just to service the loan.
A trust is different if you are the trustee as the servicer/note holder can't stop your transfer into a trust and you don't need permission from the note holder. This is a common move with estate planning. Naturally your attorney can give you the legal ramafications and details for your specific area.
Thanks. I'll update when I find out more ...
My Brother and I just formed an LLC through a Real Estate Attorney.
We are preparing to buy our first investment property, and we consulted with the Attorney about transferring this property under our LLC.
He named only two concerns/negatives:
1. We would have to pay transfer tax twice. (once when we purchase it, and again when we transfer it)
2. Banks have something called a Due on Sale Clause where if/when you transfer the deed, the balance of the Mortgage is due in full at that time.
I have been in communication with the Mortgage Company that I have my primary residence home loan through, and it's like pulling teeth to get them to tell me (in writing, preferably) that they do not enforce any such clause.
Does anyone have any input on this? Does anyone know of a bank that either does not enforce such a clause or will finance an LLC?
My father and I are members of a local Rental Owner's Association, a local affiliate of the National Apartment Association.
At last months meeting, a local mortgage broker was speaking about financing investment properties. He discouraged the use of LLCs and citied a recent situation where a former client of his transfered the property into the LLC and the servicer actually called the mortgage due. After revieiwing his options, the guy actually ended up having to sell the property to satisfy the note.
My father and I have an LLC. Our original intent was to quit claim our properties into the LLC, but now we've decided to just utilize it as the assigned management company for the properties.
You can buy property in an LLC. It is easier to purchase the property for cash if you are going to hold it in an LLC.
You can also mortgage a property that is held in an LLC name - typically you have to personally guarantee the loan.
If you are looking at condo's - not all condos will allow you to purchase with an LLC.
That is why a trust works better when discussing your primary residence - you don't have these issues.
For investment properties there are different parameters. If you are using private money (sometimes called hard money) then it is much easier to purchase with an LLC rather than a trust for an investment property. There is an exception to this though - through a Self Dircted IRA purchase. This gets very complex. Best to speak to your CPA and attorney about it.
Yes, the transfer tax is paid twice if you first buy in your personal name and then transfer into an LLC. How most investors save the extra transfer is by buying in the LLC name right from the beginning and giving a personal guarantee if it is mortgaged. That way you are only paying transfer taxes one time.
The Due on Sale clause has been around forever.
Thank you very much for your responses!
We initially wanted to finance the property under the LLC, however, my understanding is that it is VERY difficult to find a lender who will finance the property to an LLC.
That would actually be our preference. Buying it in our name, and then transferring it is more like the Plan B.
If anyone knows of a lender who will grant financing to a new LLC, that would be great!
The properties we are looking at are $50k and under. We have the 25% cash to put down, of course.
We are ready to move forward now. We just need to find the right Lender.
Great place to get leads for this type of financing is your local real estate investment club, since they'd have other real estate investors who have probably looked into this before. Realize the terms of these types of loans will be less attractive than what you could get by financing it personally in your name.


The Administrator of the United Nations World Food Program David Beasley once again called on Tesla CEO Elon Musk to donate part of his wealth to alleviate global hunger.Prior to this, he also released a plan outline to show the world’s richest man how to achieve this goal.
Beasley (David Beasley) said that the “system” is in place to “avoid crisis for 42 million people on the brink of famine in 43 countries”. This is just a problem that needs to be “scaled up”, requiring US$6.6 billion. He stated that he will release a “broad and detailed plan” in the next few days.
Beasley last week called on the super-rich such as Musk and Bezos to provide assistance to solve the problem of global hunger. He said that 2% of Musk’s wealth can solve the problem of world hunger, “US$6 billion can help 42 million people. If we don’t help them, they will die.”
Musk responded to this on Monday, saying: “If the World Food Program can use transparent and open accounting to describe in detail how to use 6 billion US dollars to solve the global hunger problem, I will sell Tesla stock now.”


2 MONTHS AGO WHEN THE WORLD CAME TO AN END !
ONTX(Onconova Therapeutics) a biotech company, hard-beaten by the markets the previous years show some signs of life and may be close to a strong reversal. Now(closing of 1/3/2020) at a price of 0.49 USD with a tiny market cap of 49 mil USD & having lost almost 90% of its cap in 2019 is another full of promises went bad biotech story. But our quantamental model for Biotech stocks has raised a flag pointing that there is a great chance for a possible reversal back to 1-3 USD share price, within the next 3-6 months. That’s a 100%-500% possible gain , but the risks are very big and the asset’s high volatility make it a choice suited more for the wild west type of traders.
An easy rider for our a-quant mobile app users!!
From our quantamental ideas/signals back in June.
Short at 44.16 , UBER now at 33.25 for a 24.7% profit.
Close the position on Friday!
Nowadays , almost everybody is talking and probably using fintech solutions, especially in the smart payments sector. Such a name with great potential came up to our quantitative model’s attention, which is based on fundamental factors , SEC filings + analyst reports sentiment analysis, as well as price action based technical factors.
Evo Payments (EVOP) is a US based company with a market cap of 2.6 Billion USD and a very considerable & fast evolving client base in the US & abroad. The filings and analyst & hedge fund reports give a very positive sentiment towards the stock and the funds’s interest has been growing steady and nicely.
It’s a July 2018 IPO, now at 31.53 that popped up in our model’s screen and gives us a probability of >71% to surpass 40 USD the next 6 months.
Taking into account its volatility we would start building a position for the next months. Potentially it may become a multi-bagger holding in our portfolio.
The Mobile App Indices&Commodities Trading Signals(you can verify it at our mobile app easily)
May 2019 – June 2019 – 2 months period
Total trades : 30
Win rate: 83.3% (25/30 win)
Average win: +0.34%
Average loss: -1.082%
Profit per Trade Expected Value: +0.1% per trade
Biggest Loss : -1.42%
Total Performance : 3.09% (Leverage 1:1)
Annualized Performance : 20%
Last week for FX mobile trading signals
Trading period: 25/6 – 28/6
Total trades: 30
Profitable trades: 25
Win rate: 83.33%
Net profit: 138.5 pips (=1.3% performance in a 1:1 leverage strategy per position opened)
An excellent & lovely service , everyone of us uses doesn’t necessarily implies an excellent investment opportunity and UBER may be such a case. UBER one of the recent & most anticipated IPOs has been facing many headwinds and our quantamental model has raised a SHORT flag.
Based on technical & fundamental factors , UBER now at 44.16 has a greater than 75% chance of underperforming the market within 2019. More specifically a price of 37 – 40 USD , a 10-20% fall from recent levels , has a chance of 72% the next 1-5 months. IPOs especially at their first months after their debut are very volatile up to some weeks after their unlock period.
Almost verybody likes playing games and all of us know characters like Mario, Yoshi, Pokemon , Zelda etc. Now there maybe a nice chance to profit from these , by buying the Nintendo (NTDOY) stock. The company which owns all the above characters and produces consoles & video game titles & characters is on our quant model’s radar, which has recently given its stock a very positive BUY signal based on fundamentals & technical factors. NTDOY at 44.13 currently has a greater than 72% chance to move higher than 20% in the next 6-7 months. Given a relatively not very bad market , the stock will over perform the market by a considerable margin , although its volatility must be taken into account when adding to our portfolio. $NTDOY $QUANT $STOCKS
In the recent full of mines environment is very hard to find opportunities , without being ready to sustain the possible short term pain. But in harsh conditions and even worse than this of the last days, there is a real chance to identify some real gems. One of this, is Paylocity Holding Corporation (PCTY) which is a cloud SW firm providing payroll & human resources management services. The stock now at 101.42 got a green flag from our stock selection quantamental model based on fundamentals & technical factors as inputs. It has a 85% chance of outperforming the market in the next 3-6 months, even though it had a run of more than 65% in 2019. We would suggest opening a small position and add gradually to it, if the market stabilizes and our hypothesis starts working.


Every year, Small Business BC hosts an event for over 400 local entrepreneurs to come together, network, learn and discuss pressing topics. This year’s focus was social enterprises and it was an experience to remember.
I arrived with very few expectations being my first year attending and was blown away by the overall atmosphere and the quality of the event. Located at the easy-to-find Science World, it was a unique venue with not only plenty of space, but an overall feeling of exploration, wonder, and the possibility that is core to Science World.
The evening consisted of networking, food, drinks, a panel of social entrepreneurs, and a keynote presentation all centered around social enterprises.
Immediately following the networking hour, everyone made their way to the IMAX theatre where a panel of 5 inspiring entrepreneurs was ready to discuss social impact in business today:
- Brian Smith, CEO – Persephone Brewing Co.
- Denise Taschereau, Co-Founder and CEO – Fairware
- Mickey McLeod, Co-Founder, President and CEO – Salt Spring Coffee
- Peter Van Stolk, CEO – SPUD
- Mike filling in for Janice Taylor of MAZU
In addition, Ratana Stephens, Co-Founder and Co-CEO of Nature’s Path Foods gave a wonderful keynote speech about the power of a triple bottom line, and the way Nature’s Path, and any business can have an exponentially bigger impact.
While there were so many great ideas and discussion topics, two takeaways really stood out:
1. Values Come Before the Business
When asked how they got started building a social enterprise and whether the business came first, Mickey McLeod definitively answered, “the values came before the business”. This was echoed by almost everyone else on the panel. The way a social business is successful is by having the core beliefs, the absolute heart of everything, deeply rooted in the values from the very beginning.
This means that the values also need to come from the top. When you’re just starting with a small team it’s easier to cohesively buy-in to the values, scaling with that mindset is the challenge, and all of these entrepreneurs have done it.
This is in contrast to what was later referred to as “social washing” by Peter Van Stolk, in which some businesses try to put on the facade of caring about a cause. Real social focus organically comes from within and shows in every aspect of business. Brian Smith’s example of a “standing meeting item” in which they talk about how they can get more involved with their partner nonprofit is proof of a business living out its core values in the day-to-day.
2. Businesses Have a Responsibility
To paraphrase Peter, it’s not just a nice to have, businesses have a responsibility to think about their impact, particularly in industries where a significant negative impact is known. “SPUD is able to produce only 0.5% waste on their food,” Peter described when comparing their business to the 10-times larger waste percentage produced from Walmart.
It might not be the easiest method, but it is our responsibility, not just a luxury to ensure we’re constantly striving for better ways of manufacturing, delivering and running businesses.
Later in the evening, Ratana Stephens spoke about Nature’s Path’s mission (and her personal mission) “to leave the world a better place than when we found it”. This struck a chord because it sat in harmony with the idea of social responsibility, but to an even greater degree.
We’re at a point where we not only need to take responsibility for the harm we are doing to our planet on a regular basis but to strive to correct the damage. Through decades, if not centuries, of poor agricultural practices, manufacturing, food consumption and millions of other aspects, we need to not only stop digging ourselves deeper but actually start reversing the process. Easier said than done, but Nature’s Path is well on its way.
Thank you Small Business BC for a wonderful event, check out their website for more information on how to get involved next year!


Welcome to Planning Services
The Ann Arbor City Planning Services provides expertise and information to advise and guide public and private community decision makers in achieving the best possible development, redevelopment, improvements and preservation for the benefit of the people who live in, work in, and visit the city.
Find out more about our current and recent projects on the City Planning Initiatives page. Check out our Economic Health page for how we are working to achieve Ann Arbor's sustainability goal of a resilient local economy. The Zoning Maps
page includes mapAnnArbor, the city's dynamic online mapping system, as
well as individual PDF zoning maps for downloading. Information about Citizen Participation in the development review process helps residents navigate the development review process.
Unified Development Code (Chapter 55, Ann Arbor City Code)
City Council Adopted the Unified Development Code (UDC) on July 16, 2018. The Unified Development Code (UDC) went into effect on July 29, 2018. Beginning on that date, all zoning decisions and development reviews are made pursuant to this update code.
Let us know what you think of the new format, we always appreciate feedback .
Upcoming Citizen Participation Meetings
None at this time.


The years after retirement can make up 25%-35% of a lifetime. Making sure this time is enjoyable requires thought and planning, which means looking realistically at the challenges and opportunities that people face at retirement. Some things to consider include:
Over the past 20 to 30 years, most Canadians with stable jobs have enjoyed a steadily improving standard of living. However, it's unrealistic to expect that this trend will continue after retirement. Concentrate your efforts on keeping the standard of living that you enjoyed during the years just before retirement.
Inflation represents the largest single threat to your purchasing power. Your sources of income should offset inflation as much as possible, without creating a level of risk that you’re not comfortable with.
Making a budget, sticking to it, and managing your money well are most important after retirement. You may already be doing this, but your spending patterns will change after retirement and your expectations will be different.
Special attention to money management will become crucial. Discover where you stand financially by completing the Current and Future Expenses worksheet to estimate how your expenses will change, category-by-category, when you enter retirement. Use the Income, Expense and Saving Statement to create a summary of your income and expenses, now and in retirement. Update both worksheets annually, identifying where adjustments are needed for your plan to stay on track.
You'll need to know about financial instruments, such as annuities, and retirement income vehicles, such as life income funds (LIFs) and registered retirement income funds (RRIFs). These may be completely unfamiliar to you. You should also be aware of the special income tax provisions that affect retired people.
If you're married, it's almost certain that one spouse or partner will outlive the other. Therefore, it's important to make sure that the survivor will have an adequate income.
It’s important that you know what to do and how to maintain control of your finances. Educate yourself in the tools, language, and art of managing your finances.


The way it works is easy. How To Sell My Crypto On Etoro…You enter a starting point for your chosen period and then filter down the list of investments. The filtering criteria are established so that some financial investments have a higher possibility of ending up being profitable, while others are less most likely to do so. When the filtered down investments are chosen, there will be a link and percentage color coded to determine which financial investments are most likely to become profitable. You click on the link/color to determine which of the selected investments is the most likely to make you cash.
etoro trading assessment questions How To Sell My Crypto On Etoro
This is the appeal of the EToro system. There is no set cut off point. Some financiers are simply more consistent than others, while some might be profitable from time to time, but not consistently. Considering that there is no strict or rigid set cut off point to specify who the “most prolific” or “most successful” are, the Filter/Select technique provides you, the financier, a lot of flexibility to identify who is the most likely to make money for you … for your particular timespan and for your particular financial investment objectives.
If a financier wishes to leave out particular investments or specific time periods from his or her portfolio, they can. They also have the option to keep their picked financial investment mix in their own individual portfolio.
Is eToro safe for beginners?
In addition to the monetary evaluations, the Investors’ column provides the most current (past couple of months) stock rates for popular stock classifications. Hot traders usually like to hang onto hot stocks, while cold traders tend to pull out of investments that have dropped. How To Sell My Crypto On Etoro


|Title:||Do investors learn from experience? Evidence from frequent IPO investors||Authors:||YAO-MIN CHIANG
Sherman, Ann E.
|Keywords:||G15; G24; G32||Issue Date:||1-May-2011||Publisher:||OXFORD UNIV PRESS INC||Journal Volume:||24||Journal Issue:||5||Start page/Pages:||1560||Source:||Review of Financial Studies||Abstract:||
We examine how experience affects the decisions of individual investors and institutions in IPO auctions to bid in subsequent auctions, and their bidding returns. We track bidding histories for all 31,476 individual investors and 1,232 institutional investors across all 84 IPO auctions during the period from 1995 to 2000 in Taiwan. For individual bidders, (1) high returns in previous IPO auctions increase the likelihood of participating in future auctions; (2) bidders' returns decrease as they participate in more auctions; (3) auction selection ability deteriorates with experience; and (4) those with greater experience bid more aggressively. These findings are consistent with naïve reinforcement learning wherein individuals become unduly optimistic after receiving good returns. In sharp contrast, there is little sign that institutional investors exhibit such behavior. © The Author 2011.
|Appears in Collections:||財務金融學系|
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Feb 1, 2022
Counterfeiting is one of the most serious threats to real product legitimacy. Counterfeit goods account for around 8–9% of total trade, resulting in revenue loss. Holograms and barcodes are used by goods makers to combat this problem. The issue of the authentic product remains the market’s primary challenge. Quick Response (QR) codes provide a robust way to combat the practice of counterfeiting products, thanks to rising trends in mobile and wireless technology. QR code Product authentication are quickly becoming the industry standard for consumer goods.
QR codes are two-dimensional barcodes. You may use a smartphone or a specific app to scan them. As a result, no additional equipment, such as a portable scanner, is required to view the connected material. QR Codes may also link to a limitless amount of material. A QR Code may be used to link a website URL, text, PDF, and other items. Another advantage of QR Codes is that you can track how often they are scanned. You may also receive the exact GPS coordinates of the QR Code’s scan site. QR Code Authentication uses a contactless card in the form of a QR code on a printed badge. By using a typical card reader, the QR code badge is scanned using the computer’s inbuilt camera
QR codes and encrypted QR codes are largely utilized for traceability in counterfeit products, security, and privacy applications, in addition to being widely employed in marketing and information transmission applications. Anti-counterfeiting QR codes protect wholesalers and customers from counterfeit and non-genuine products simply by scanning a QR code. Many web applications employ QR codes for safe login, eliminating the need for the user to remember his or her login ID and password. QR codes are used to verify the encrypted unique user ID at the server.
The importance of production authentication in trademark protection cannot be overstated. Allowing customers to check the authenticity of your goods with track and trace solutions protects your business from a loss of trust and reputation, as well as brand degradation. Furthermore, a subpar counterfeit product disguised as a real one might result in a direct loss of sales to counterfeit goods.
Pirated products’ low quality or performance might lead to an increase in dissatisfied customers and complaints, which can only harm your brand’s reputation. In the worst-case situation, a counterfeit product might be detrimental to one’s health. With the broad usage of social media, poor product evaluations may go viral across the country and even beyond borders, amplifying the negative publicity.
Anti-counterfeiting and product authentication must be founded on the following principles:
i. Open standards, which will help with transitions in the event of service provider failures, vendor lockups, and market uptake.
ii. On security by “open design,” which means that the security is intended from the bottom up to be safe and based on code and procedures that are visible to a large enough number of users, depending on the masses’ efforts to uncover and shut any security holes. This strategy is used by all of the most popular open-source apps, and it is incredibly effective.
iii. On individual customer and consumer protection, prohibiting even a single product identity repeat scenario.
iv. On the most basic level of consumer or customer education.
A product and service company’s supply chain organization is a complicated sequence of value-added services that begins with a component manufacturer and ends with the end-user consuming the product or service. Different supply choices that may exist in the form of products supplied by original equipment manufacturers (OEM) and after-market product firms add to the complexity. This increases the number of touchpoints for counterfeiting and the risk of reducing traceability in counterfeit products which is a big concern for most producers and branded goods.
Fortunately, QR Codes may be utilized to acquire a greater level of control over product traceability and counterfeiting. QR code Product authentication is provided against product counterfeiting and determines the authenticity of the product. The Counterfeit Identification Solution for Smartphones makes the end-user and the field sales representative active participants in the program to detect, track and trace counterfeit products. OEMs can print unique QR codes on their products’ labels and packaging. This QR code will include digital information about the product, such as the name, model number, manufacturing site, manufacturing date, batch, and so on. The features of the solution are:
i. Counterfeit identification – It is marked as ‘QR registered’ when a consumer sends an SMS to a specific number to verify the validity of a product. If several SMS for the same QR code is received from a different place at a later time, it can be assumed that a counterfeit is in circulation. Because it alerts the corporation that mass copies of the same QR code have been circulated, this is counterfeit identification and works as a track and trace solution.
ii. Counterfeit tracking – Once the company receives many instances of the same QR code, it can attempt to contact the customer or sales representative for that area to further investigate the repeated ‘same label’ counterfeits. This will assist you to get closer to the counterfeiter’s source. This counterfeit tracking helps increase traceability in counterfeit products.
iii. Counterfeit control – Retailers will be careful of selling counterfeit once word gets out about the uniqueness of QR code labeling and customer registration. Because retailers have little control over end customers contacting the company, they will be wary of stocking counterfeit products. This will stifle counterfeit distribution and make QR code-enabled product trading unprofitable.
Physical anti-counterfeiting technology, technology of traceability in counterfeit products, digital technology, and holographic technology are all part of effective QR code technology. The most notable aspect of QR codes is the low reliance on specialized equipment, and the low cost, which is now second-dimensional code is still one of the key reasons for market share, and the present QR code is essentially an open-source algorithm that is easy to copy.
While companies are doing their best to combat counterfeiting, technology is available to help take this a step further and make it more difficult for counterfeiters to thrive in the market. The QR code’s distinctiveness is well-known, and it serves as a powerful barrier to counterfeiting. This track and trace solution not only engages the client but also sends a strong statement from the company that it is doing everything possible to combat counterfeit goods and is employing technology to do so. This will aid in the ongoing strengthening of the brand image in the eyes of customers.
MSRvantage Track and Trace solutions offer comprehensive and dependable methods for enhancing security and providing end-to-end visibility across trading partners. By authenticating, monitoring, and managing the flow of products along the supply chain, a track and trace solution can assist safeguard against counterfeiting and falsification of products. Serial numbers can be traced at numerous points across the supply chain, making it easier to spot where counterfeit goods have entered the system and allowing for complete traceability.
Track and Trace solutions use the immense power of distributed ledger technology to provide a secure environment for data exchange and workflow. It allows you to locate all products in their current and previous places. Serialization techniques aid in the detection of counterfeits and the protection of legitimate brands. Customers are increasingly more interested in safe and traceable products, which might assist to generate a competitive advantage. Build brand trust, loyalty, and confidence with a QR code product authentication solution and increase sales by reducing counterfeiting.
Incorporating track and trace technology into manufacturing processes is becoming more common. They can exchange track and trace information with their customers. Customers will gain trust as a result of this, and they will be able to check the product’s validity. MSRvantage Track & Trace solutions can be relied on by industries and organisations in a variety of sectors for speed, transparency, traceability, efficiency, and accuracy.
The mining industry, with its rugged landscapes, massive machinery, and age-old traditions, may seem like an unlikely candidate for technological innovation. However, beneath the earth's
In the modern era of manufacturing, the synergy of two transformative technologies, the Internet of Things (IoT) and blockchain, is reshaping the industry's landscape. These
In an era of increasing consumer awareness and demand for transparency, the dairy industry faces growing challenges. Consumers want to know where their food comes


A nursery group in Bristol has confirmed they are increasing their fees for infants ahead of the expansion of free childcare hours for working parents. The Government previously announced eligible families of children as young as nine months old would be able to claim 30 hours of free childcare a week by 2025.
From April 2024, working parents of two-year-olds will be able to access 15 hours of free childcare and 15 hours of free childcare will be extended down to the age of nine months for working parents in September 2024. All working parents of children under the age of five will be entitled to 30 hours of free childcare a week from September 2025.
While the news of free childcare are good news for parents and families, nurseries are trying to fill funding gaps for the new Government scheme by increasing fees from April onwards. Raised In Bristol, which has nurseries in Easton, St Pauls and Southmead, has announced its fees for babies, toddlers and pre-school children will increase from April.
Parents of babies aged six months to two years will pay £95 for a full day, £47.50 for a morning between 8am until 1pm and an afternoon between 1pm and 6pm. This will increase to £109 for a full day and then £54 for a morning or afternoon session from September.
Families of toddlers aged 24 to 36 months will pay £94 for a full day session and £47 for morning or afternoon sessions from April onwards. Pre-school children aged 36 months and above will cost £81 for a full day session and £40.60 for a half day session.
The increase in fees is around £20. Raised In Bristol is believed to be the first nursery in Bristol to publicly increase their fees ahead of the Government childcare plan.
A spokesoerson for Raised In Bristol shared: “Raised in Bristol is a not-for-profit social enterprise committed to delivering the very best early years education and care while supporting community organisations. The decision to increase fees is never taken lightly, and is to ensure sustainability for our families, community partners and valued team, now and into the future.
“Our fees reflect the cost of delivering high quality education and care. We’re in frequent and open communication with our families regarding our fees, especially so this year when new funding entitlements are being introduced with additional complexity.
“We have always been, and remain committed to being, a Real Living Wage employer, valuing the skilled and dedicated work of early years professionals.”
Chancellor Jeremy Hunt told the BBC the Government is "on track" to deliver a planned expansion of free childcare in April. Many senior nursery figures have welcomed the Government’s announcement but remarked the policy does not address the “inadequate funding baseline from which providers are forced to operate”.
Purnima Tanuku, chief executive of National Day Nurseries Association (NDNA), told PA news agency: “In the current financial climate, we welcome the fact that the Chancellor has listened and committed to additional funding indexed to rising costs for 2025/26 and the year after.
“We hope the Government continues to listen to the sector about the challenges providers are facing.”
Ms Tanuku added: “We would have liked to have seen some immediate support to providers with their current three and four-year-old funding. Our recent survey showed that 83% say funding doesn’t cover their costs and 73% expect to make a loss overall or just break even.
“The Government must continue to work with the sector to ensure parents and families are able to access the expanded offer and providers can deliver this sustainably.
“It’s very disappointing that the Chancellor didn’t extend the business rates discount to the childcare sector where it is desperately needed.”


Production Mezzanine Floors
The use of mezzanine floors is becoming an increasingly popular choice in UK production and manufacturing environments for companies looking to expand the scale of their operations.
The Role of a Mezzanine in a Production
A mezzanine level, when installed in a production or manufacturing environment, enables a business to increase productivity by utilising the space that is already available to them in the volume of their premises.
Rather than go through the costly and time consuming activity of relocating, bringing additional facilities to the existing location is often the perfect way to achieve the increased production capacity that a business requires, enabling them to grow whilst remaining flexible to meet demand.
Mezzanine floors can be designed to accommodate all kinds of manufacturing equipment and production lines, and can integrate with existing logistics and storage systems.
In addition to increasing production, mezzanines can be useful for increasing storage for finished goods, or to be used as office spaces.
Production Mezzanines from Avanta
From single to multiple tier systems, Avanta individually designs and installs mezzanines for businesses throughout the UK. In addition to the mezzanine level itself, we can also supply and install factory equipment including workbenches, trolleys, conveyors and steps for the complete production package, which makes the project even more cost and time efficient.
All our systems are designed to be fully compliant with all relevant aspects of Building Regulations and we can handle all necessary paperwork as part of the design and installation.
We offer a free site survey and our team will work with you to design a system tailored to meet your individual requirements that works perfectly in your premises.
Contact Us for more information or to organise your free site survey.


Rolls Royce case: CBI registers preliminary enquiry
New Delhi: CBI on Friday lodged a Preliminary Enquiry (PE) into alleged bribery in the Rs 10,000 crore deal for supply of aircraft engines to state-owned Hindustan Aeronautics Limited (HAL) by London-based Rolls Royce.
The agency has named unknown officials of HAL, owner of Aashmore Private Limited Ashok Patni and Rolls Royce in the PE that was registered after a complaint was received from the Defence Ministry to look into the supply of engines to HAL.
According to the PE, the agency would be probing alleged payment of bribe or kickbacks in the purchase of spare parts of the engines of the helicopters to the industrial and marine gas turbine division of HAL.
The allegations surfaced in the form of a letter received by HAL recently claiming that bribes were paid to officials in HAL and other departments concerned to bag contracts.
Rolls Royce had conducted an internal audit in which it was found that money had been paid to Commerical Advisor -- Aashmore Private Limited -- allegedly as kickbacks to swing the deal in favour of the UK-based company.


It is a well-known observation: if, by separating, the women and the men both leave feathers, the loss of standard of living directly attributable to the rupture is more important for the former than for the latter.
An INSEE study shows that this drop is of the order of 20% for women and only 3% for men (“ Variations in the living standards of men and women following a divorce or the termination of a PACS ”, Insee References, 2015). What is less well known, however, is the tax treatment of the financial consequences of divorce, in particular alimony, which contributes to reinforcing the inequalities created by the separation.
When the payment of alimony for the children is foreseen, in 97% of cases, it is paid by the father (“Report on family ruptures from the High Family Council”). However, the father will be able to deduct this pension from his taxable income. This amounts to deducting the costs related to the maintenance of his children, when he could not do so when he was married or in a civil partnership (in this case, the children are taken into account through the family quotient) .
As long as the children are minors, the pension is fully deductible. The tax savings provided by this deduction are proportional to the father’s tax level.
Concretely, deducting a pension of 12,000 euros per year allows the father to realize a tax saving of 3,600 euros if he is in the marginal bracket at 30%, a saving which climbs to 4,500 euros if he reaches the bracket. highest at 45%.
Consequence: it is more advantageous for a well-to-do father to deduct a pension than to benefit from the tax advantage linked to the family quotient, which is capped at 1,570 euros per half-share (3,704 euros for the first part of the “parents”). isolated ”).
The privilege of the French
For Céline Bessière and Sibylle Gollac, authors of the essay The Kind of Capital (The Discovery, 2020), “The taxation of alimony is a gift from the State to men of the middle and upper classes, which reinforces the inequality with their ex-spouse”. Because, for her part, the mother is taxable on the pension received. This can cause her to lose the benefit of certain social benefits and reduce the amount of housing assistance to which she can claim.
“This pension should not be taxable, because it does not constitute a replacement income, but a sharing of the expenses of maintenance of the child between his parents. Moreover, this tax treatment goes against what is practiced mainly abroad where the pension is neither deductible for the one who pays it, nor taxable for the one who receives it ”, estimates Lise Chatain, lecturer at the Faculty of Law and Political Science of Montpellier.
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