Will You Add? - Real Estate

Top 10 Business Plan Myths of Solo Entrepreneurs
Don't let these stop you from having a business plan for success!A recent study of 29,000 business startups noted that 26,000 of them failed. Of those failures, 67% had no written business plan. Think that's a coincidence?Here's the top 10 myths Solo Entrepreneurs often have about business plans—usually, the reasons why they don't have one. De-bunk the myths, and see how having a business plan for your solo business, can actually be easy and fun--and can jumpstart your success!1. Myth: I don't need a business plan--it's just me! Starting a business without a plan is like taking a trip in a foreign country without a map. You might have a lot of fun along the way, and meet a lot of friends, but you are likely to end up at a very different place than you originally set out for—and you might have to phone home for funds for your return ticket.Solo Entrepreneur Reality: Successful Solo Entrepreneurs know that the exercise of creating a business plan, really helps them think through all the critical aspects of running a business, make better business decisions, and get to profitability sooner.2. Myth: I have to buy business plan software before I can start.Business plan software comes in many shapes and sizes, and prices. Many are more geared at small and growing businesses with employees.Solo Entrepreneur Reality: Business plan software can be helpful—but it’s not required. Software is more likely to help if you have a more traditional type business, like a restaurant or a typical consulting business.3. Myth: I need to hire a consultant to write my business plan.Consultants are an expensive way to have your busi

iends are not approached because there are already strained relations, or they want to avoid causing any discomfort to their inner circle of friends or family.

One of the best things that I can recommend to you is that you approach the request for assistance in a very businesslike manner. By that I mean, you should look to secure their interest just as you would expect if you were the one providing the funds to someone else in trouble. The greater degree of security that you can offer them in protecting their funds, the greater probability of successfully obtaining the funds necessary to stop the foreclosure.

Borrow from institutional lenders

A third option is to borrow from institutional lenders to bring up back payments. This can be done by refinancing, or simply by borrowing against the equity in the home. These lenders will primarily consider equity when determining approval of a loan. Equity is defined as the difference between the fair market value of the home and what is owed on the mortgage. Refinancing is when you take out another loan in order to pay off the existing mortgage. When refinancing to avoid foreclosure, you may be able to obtain a lower interest rate, a longer payment period, and/or a lower monthly payment which would make your mortgage payments more affordable. Usually lenders that become aware that you have fallen behind in the mortgage payments will shy away from lending to you, so if you expect to borrow from an institutional lender, you must act very quickly before your credit reflects any late payments. If the lender is aware that you are in default, they will probably refuse to lend, or offer a loan with much higher interest rate to account for the borrower's inability to meet their financial obligations.

Borrow from private party lenders

There are individuals that have funds to invest and are looking for a higher return on their investment than can be obtained by depositing their monies w

The Increasing Value of Alternative Fuel Sources
Although alternative fuel sources are not sufficient and still not ready to take over, they are still better than nothing. As people already start worrying about their future, which seems to be darker and colder with each passing day, alternative fuel sources will become more and more popular. Their importance is not overrated at all as humanity has already exhausted half of the world’s oil reserves and it will not only become more and more expensive to extract smaller and smaller amounts of oil, but it will definitely come to its end one day. Unfortunately our economy now seems to be so dependent on gasoline that even if we switch to alternative fuel sources, and the sooner we do that the better for everyone, it might still not be enough to save our lives.Not being one of the major alternative fuel sources for cars, solar power is actually a very useful one and what’s more it will always be available for us to use. The main application of solar power is in our houses where with a few solar panels we can provide all the heating and the hot water we will need. Apart from that there are other ways also of getting an entire house powered and running only using alternative fuel sources, although it is still an expensive option.A large step towards switching to alternative fuel sources were the Hybrid cars. Technically they don’t actually use alternative fuel sources, but they have found a way to optimize gas consumption to the unbelievable 50 miles per gallon or even more with the use of conventional gasoline. And thinking realistically this is way better than burning alternative, but still inefficient, fuels such as vegetable oils, Biodiesel, ethanol etc. of course those vehicles powered by alternative

The great American Dream of homeownership is what many in the United States diligently strive after. While homeownership brings a host of benefits, no one will argue that you take on an equal amount of responsibilities when you purchase your home. In the current real estate market, becoming a homeowner may come with little or no cash investment for what used to be a traditional down-payment of about twenty percent of the sales price of the home. The loan that is obtained by a first time homebuyer is usually a special loan designed to assist those at entry level, or those buyers who have not yet accumulated a substantial sum for the down-payment.

Banks will always prefer to lend to a borrower that has more money to invest for a down payment. Usually, the desired amount is at least ten or twenty percent of the purchase price in the form of cash. Almost without exception, the banks or mortgage lenders will make special loans with very little or no down-payment to a homebuyer because the loan is usually insured or guaranteed against loss of principal by a governmental or quasi-governmental agency.

Unfortunately, first time homebuyer loans are usually the first loans that go into default in an economic downturn. Financial hardships caused by either loss of a job, accident and/or injury, chronic illness or relationship problems can turn the long sought after American Dream into a nightmare. Although in a normal economy, there are very few people that actually end up losing their homes, those in the midst of the foreclosure process can find themselves in such emotional, as well as financial, turmoil that many do not see themselves successfully resolving the problem they have gotten into.

The following information is shared in the expectation that it will provide a path for those embroiled in this very difficult situation, and assist in providing information in order to resolve their particular financial problems. While the exact foreclosure timeline varies from state to state, for the most part general guidelines are applicable throughout the nation.

What You Can Do to Avoid or Stop the Foreclosure Process

The first and most important step that one can take in preventing the loss of one's home through the foreclosure process is to "communicate, communicate, communicate"! Your objective is to immediately speak to your lender and inform the lender of the situation. This first step, along with a few others, is detailed below.

Negotiate with the lender

The lender will always work with a client of theirs if the client takes the initiative to communicate any financial hardships that may have caused the default. Try to negotiate with the lender for a payment adjustment in order to make up for the missed payment or payments. It is imperative that you act quickly in order to prevent the sale of your home, because once the foreclosure process begins you only have 120 to 140 days before your house is sold. Contact your lender to explain your situation and work out a way for you to keep your house. By acting quickly you have the most time and the best chance of being able to negotiate a solution before the trustee files the notice of default. If foreclosure has already begun you must contact the lender during the 90 day period before the notice of trustee sale is posted and filed.

One of the most common causes of failure to communicate is that many homeowners facing foreclosure avoid contacting their lenders because they are upset or embarrassed. Many times the homeowner mistakenly believes the lender will not help them because they feel that the lender prefers to foreclose. In reality, the opposite is true. Banks and other lenders are primarily in the business of earning money by collecting interest on loans that they have made. Their net income is derived by having a specific process in place in order to invest and receive the interest payments. They find it cumbersome to go through the foreclosure process, and usually are not well equipped to manage foreclosed properties.

Because of this, most lenders are willing to work with homeowners because foreclosure are much more costly for them in the long run. It forces them to allocate time and resources to an unprofitable activity. Contact your lender immediately! Do not ignore phone calls and letters from your lender. If you do not inform your lender of your situation, it will be will assumed that you do not intend to pay and the legal process will go forward.

It is important to prepare well before you contact your lender. You must gather all documents supporting your income and expenses, as well as all loan account information. When you call, ask to speak to someone in the customer service department. Be upfront and honest about your circumstances and be prepared to discuss your financial situation in detail. Your lender needs to know clearly your financial situation in order to determine whether they are able to offer a solution.

Your lender should be able to then offer you one of the following options:

Loan modification: this is when the lender agrees to modify the terms of the loan. As an example, the lender may agree to extend the term of the loan or lower the interest rate of the loan. This option helps you catch up on unpaid payments by making your monthly payments affordable. Loan modification may be appropriate if you have recovered from a financial problem and can afford to make your loan payments if they are adjusted.

Repayment plan: This option allows you to catch up on unpaid payments by adding a portion of the late payments to your regular monthly payments. A repayment plan may be suited for you if you have recently recovered from a short- term financial problem and are now able to resume making your regular monthly payments but need time to catch up on the unpaid payments.

Reinstatement: This is when you are able to pay off the entire balance of the unpaid payments by a specific future date. Reinstatement may be appropriate if you know and can prove to your lender that you will soon be receiving a quantity of money that will allow you to bring your loan account current.

Forbearance: This is when the lender agrees to temporarily reduce or stop your loan payments with an agreement on another plan to bring the loan account current. This option stops the foreclosure process and is combined with other options, often reinstatement.

If you are uncomfortable negotiating with your lender by yourself or if you want better understanding of what options you have, contact a reputable foreclosure assistance counseling agency. When selecting an agency to work with, choose one from the U.S. Department of Housing and Urban Development's list of approved housing counseling agencies. Beware of phony "counseling agencies" that approach you with the promise to advise you on your situation, provided that you pay a large fee for services you may very well be able to accomplish yourself!

Borrow money from family or friends

Many people tend to shy away from this as their first option. One would think that this option would be the most common-sense place to start. Many people completely eliminate this as a means to gather the funds necessary to bring the loan current simply because they are embarrassed to ask. They do not want family or friends to know that they have encountered financial difficulties, so they look elsewhere. Family or friends many times are the ones that are most committed to lending a helping hand. If they are able, they are very likely to be very willing to help out. Oftentimes because of a homeowner's embarrassment, they are not approached until it is too late in the foreclosure process, and are unable to obtain funds quickly enough to help out. Obviously, there are situations where the homeowner's family members or friends are not approached because there are already strained relations, or they want to avoid causing any discomfort to their inner circle of friends or family.

Borrow from institutional lenders

Borrow from private party lenders

There are individuals that have funds to invest and are looking for a higher return on their investment than can be obtained by depositing their monies w

Starting A DVD Rental Business In Houston
Digital versatile disk (DVD) functions like a CD-ROM but stores much more data compared to a CD-ROM. Generally, a CD can hold data up to 650 megabytes, whereas even the smallest DVD can easily store data of 4.38 gigabytes. That means to say that even the smallest DVD can store seven times as much data as that of a CD-ROM.Therefore, DVD’s have become an integral component of post-production processes of videos. DVDs are also used in top boxes of Televisions, inside personal computers, recorders, and in the video delivery systems.DVD In E-Commerce- Online DVD Rental:A DVD stores data through a system of spiraled pits and lands that are separated by nanometers. Demand growth in the fast moving consumer durables (FMCG) industry has driven the demand for DVD’s as well.A concept that has become very popular these days is online DVD rental. This concept has created a buzz in the e-commerce industry. The industry’s model was created by Netflix more than 10 years ago in 1997. The concepts of the same have been maintained.This concept created by the company allows users to sign up on a particular website and make their own movie lists that they wish to watch. The movies are mailed to the applicants with a return envelope that has a prepaid postage. The users enjoy the flexibility of mailing back the movie any time with absolutely no extra charges, as they already pay a certain annual membership. When the users mail the movies back, a fresh lot of movies are sent to them immediately. This concept is very popular in Houston even today. All this implies that in case you intend to start an online DVD rental business online, there is definite scope for you.The only think you need to con

sure timeline varies from state to state, for the most part general guidelines are applicable throughout the nation.

What You Can Do to Avoid or Stop the Foreclosure Process

Negotiate with the lender

Your lender should be able to then offer you one of the following options:

Borrow money from family or friends

Borrow from institutional lenders

Borrow from private party lenders

There are individuals that have funds to invest and are looking for a higher return on their investment than can be obtained by depositing their monies w

In Search of the Perfect Website
We love to seek out the best. The best car, home, restaurant, and of course, the best mate. There are many places that offer ways to find all these on the net. So it makes sense that there would be dozens of sites that tout they have a list of the best websites available. Some are supposed to be the most useful, interesting, unique, funny, and even underappreciated. They fall into hundreds of categories from family oriented, adult, those for children, organizations, government-supported, commercial, and public. So who truly does offer the best website?It’s subjective, of course. Just as the Academy Awards, Miss America, or the Pulitzer Prize, is chosen by a committee of qualified judges, the idea of a perfect website would be almost impossible to decide. But there are some criteria that most people would agree upon in determining a front-runner. Here are some:It would be easy to use and navigate with a very basic interface.It would provide useful information that would serve a broad range of users.It would have little or no advertising, especially restricting pop-up or banner ads.It would not owe allegiance to special interest groups that advertised on the site.It would be quick to access, even with dialup, with a minimum of pictures and objects.It would have searchable content and a site map.It would offer up-to-date content and perhaps a forum or blog for visitor postings.It would fill a void or offer something new or different.It would allow email contact and user suggestions for improvement.It would link from and to other relevant sites.It would carry related articles and news stories updated on a

it cumbersome to go through the foreclosure process, and usually are not well equipped to manage foreclosed properties.

Your lender should be able to then offer you one of the following options:

Borrow money from family or friends

Borrow from institutional lenders

Borrow from private party lenders

There are individuals that have funds to invest and are looking for a higher return on their investment than can be obtained by depositing their monies w

Rhode Island DUI - DWI Law - Should I Refuse The Breathalyzer?
1) Should I refuse a Breathalyzer test in Rhode Island?The answer is - "it depends". There is no good definitive answer to this question in Rhode Island. The only proper answer is it depends on the circumstances. If you refuse the Breathalyzer test, your license and/or privilege to drive in Rhode Island will be automatically suspended after the arraignment but prior to any hearing or disposition of the matter on the merits. If you refuse a Breathalyzer test, the chances of winning are relatively slim. In a Breathalyzer case, the state must only prove that they had probable cause to arrest you and reasonable suspicion to believe that you are operating a motor vehicle in Rhode Island while intoxicated, that you were properly read your rights, and that you did in fact refuse the Breathalyzer. Even if you refuse, the state will typically still charge you with criminal DUI based on the officer(s) observations. Many, but not all, town and cities will dismiss the criminal observation case if you agree to take a plea for minimum sanctions (at least 6 months) at the refusal hearing.If you lose the Breathalyzer case, for a first offense within five years, the penalty will be six months to twelve months loss of license as well as fines and driver retraining and community service. You will also be required to obtain expensive insurance on your automobile. The advantages of a refusal over a criminal case is that the penalty for a first refusal is a civil violation that will not be a criminal conviction on your record. (Please note that a 2nd offense refusal in Rhode Island is now a criminal offense!)If you take the Breathalyzer test and fail it, you will be charged with a criminal DUI. These cases are muc

en you are able to pay off the entire balance of the unpaid payments by a specific future date. Reinstatement may be appropriate if you know and can prove to your lender that you will soon be receiving a quantity of money that will allow you to bring your loan account current.

Borrow money from family or friends

Borrow from institutional lenders

Borrow from private party lenders

There are individuals that have funds to invest and are looking for a higher return on their investment than can be obtained by depositing their monies w

It's Time To Get All Strategic - Small Business Marketing Stategy
So what's your small business marketing strategy? I'm willing to bet that close to 85% of the people reading this are scratching their heads now. Many small business owners fail to create a marketing strategy at all, instead focusing on tactics.Let me give you one of the definitions of strategy from the fine folks at Merriam Webster: a : a careful plan or method : a clever strategem b : the art of devising or employing plans or strategems toward a goalSo a strategy is a plan and the implementation of that plan. Tactics are merely the methods with which which you carry out that plan.Planning is important in small business marketing for a few reasons:-Planning helps insure you keep a consistent marketing effort. -Planning helps you set goals and move towards reaching them. -Planning helps you set and stick to a budget.Many small business owners are intimidated by the idea of a marketing plan. They think it needs to be a huge formal document with financials and charts. It can be that, particularly if you are going for funding. However, if you are just in business for yourself, your marketing plan can be very simple.Here are some items I think it should include:-Your overall vision, value proposition, and unique selling position -A list of your target markets, and what you know about them -Your budget for marketing -A list of strengths and weaknesses with the customer facing side of your business. -A list of steps you are going to take (I recommend a marketing calendar) -There are three ways to increase your revenue, and your plan should take each into account:1. Increase your number of customers 2. Increase the amount of

iends are not approached because there are already strained relations, or they want to avoid causing any discomfort to their inner circle of friends or family.

Borrow from institutional lenders

Borrow from private party lenders

There are individuals that have funds to invest and are looking for a higher return on their investment than can be obtained by depositing their monies with savings institutions. These individuals are expecting a high rate of return on their cash investments, and understand that the loan that they are funding is a high-risk loan or is often referred to as a "hard-money" loan. Usually, once the homeowner falls behind in their mortgage payments, it is increasingly difficult to borrow money. These private lenders usually consider the equity in the property when making the loan. Because the borrower is behind in their payments, the lender cannot look upon the borrower's ability to repay in a timely manner as the primary basis for qualification. The lender looks for the security of their investment to the ability to recover it based on the property's market value and what is owed by the borrower on the property. Almost without exception, these loans carry a much higher interest rate ( usually beginning at around 14 percent) than the normal home loans obtainable at banks or other lending institutions. They are, however, many times the only option left to a homeowner in foreclosure.

Sell the Home

Many times, the best solution for someone that has fallen behind in their payments is to sell the home, and thereby recoup 100% of their equity minus selling costs. Unfortunately, many homeowners get caught up in the emotions of the hardship and overlook the realities of their financial circumstances. Almost as if with blinders on, they stagger about hoping for a magic solution, sometimes waiting until it is too late to come up with a rational plan. If a homeowner can reasonably assess their finances and determine that they cannot carry the financial load, they might be much better off selling the property and preserving the bulk of their equity until they are again able to become homeowners.

However, they must act quickly so that their credit is not ruined by the failure to make their mortgage payments on time, or by using the bankruptcy process just to forestall the sale of the home. Don't let your equity be eaten up by the high costs inherent in loans made to those in distress. Sell the home and preserve the most important or valuable part, namely the equity!

File for Bankruptcy

There are two chapters dealing with personal bankruptcy; Chapter 13 and Chapter 7. The main difference between the two chapters is that Chapter 13 helps individual debtors pay off their debt with court supervision and protection while Chapter 7 eliminates, or in legal terms, liquidates, the debtor's debt. Based on this simplistic definition alone bankruptcy may seem like the simplest and best solution to your financial problems. However when considering filing bankruptcy be aware that it is not an action that simply frees you from your debt, it is a complex legal process that has weighty financial consequences. For most debtors it is not the best option and should be considered as a last resort after all other options have been investigated or attempted. Individual financial circumstances are so different that you should seek the counsel of a financial planner or accountant and a bankruptcy attorney in order to discuss your particular financial situation and the implications of a bankruptcy. If you do not have an established relationship with an attorney, I would recommend that you get two or three opinions.

No doubt, unfortunate circumstances are likely to befall many of us as we go through life. One should keep in mind that you can protect your financial health by being proactive when these problems occur. As long as you act quickly and take steps to preserve your assets, you should be able to avoid going into foreclosure. Even if you are unable to avoid foreclosure, following these guidelines should minimize the pain of the process. Seeking assistance promptly from professionals in taxation, law, and real estate will improve your chances of handling the process with a much better outcome than if you try to handle the process solely on your own.

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When you are involved in RSS everyday you get to see the fantastic opportunities RSS can bring to the web and how it can contribute to bettering the browsers experience and the webmasters bottom line. Unfortunately there is a dark side of RSS use.

In the recent case of Draper v Mears Ltd [2006] the issue of whether the employer had followed the Employment Acts correctly in dismissing an employee was brought to light. The employee was employed as a plumber and was given use of a company van. The employer had a sensible rule that any company vehicle should not be operated after the consumption of alcohol. The employer operated a zero-tolerance policy in this respect, of which the employee was fully aware.

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Will You Add? - How to Save Your Home from Foreclosure

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