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Estate Planning: Putting Your Ducks in a Row

Succession and Continuity Planning for your Business

Today is the first day of fall, and the changing seasons often bring a reminder that planning for the future is something we often neglect until it becomes absolutely essential.

There is a season for everything, and your business is no exception to the rule. At some point, current leaders will give way to new leaders, and whether you’re trying to keep a family business in the family or putting together a buy-sell strategy, you’ll need to consider preservation, valuation, and a model for the future. of your business.

The importance of a plan

If you don’t already have a business continuity plan, you should write one. This plan will not only benefit the next generation of leaders, but it will also provide a clearer picture of how your business is doing now and how ready you are for growth and change.

When new presidential candidates are about to be elected, many voters fear that the current incumbent will leave a mess for the next incumbent. The same thing can happen when companies change hands.

You don’t want to leave your company in its current state for someone else to inherit or incorporate. They may not be used to letting go of the things they have learned to ignore or fix, and any time someone is adjusting to a new environment, system, and set of responsibilities, the margin for error and the likelihood of mismanagement increases greatly. .

Andrew J. Sherman writes that only 35 percent of family businesses survive past the first generation of ownership, followed by only 20 percent reaching the third generation. Source: Entrepreneurship.org “Understanding the Fundamentals of Succession and Transition Planning.” Preparation can increase your chances of a near-seamless transition, so your plans should be well-structured, well-documented, and reviewed by all key team members.

The succession planning process

To prepare, you’ll need to plan each step of the process and join the people you’ve identified as the next generation of leadership. The following steps will provide the framework for the succession planning process:

  1. Identify key leaders who will be replaced by new leaders
  2. Determine the job functions and skills of current leaders.
  3. Select the most appropriate team members to participate in succession planning
  4. Discuss the differences between their current roles and likely leadership roles
  5. Develop plans for their next wave of leadership and help them carry out preparatory activities
  6. Interview and select your new leadership team and establish an orientation schedule

Putting your ducks in a row: how succession planning relates to your important paperwork

There are many important facets to making sure business essentials are in place so successors aren’t rushing to set parameters and processes around your company’s vital documentation. The following business-critical steps must be addressed now, whether the transition is imminent or a distant possibility:

1) Review important documents and records. A legal audit of your business documentation is a good way to go. The following documentation must be subject to review:

has. Administrative documents: project plans, management reports, RFP, SLA, supplier and maintenance contracts, emails, etc.

b. Plan documents: planning documents for business continuity, disaster recovery, emergency management, incident response, contingency, etc.

against Business continuity reports: business impact analysis reports, risk assessment documents, internal and external audit reports, supply chain reports, etc.

d. Team documents: emergency response team rosters, list of personnel with authorized access to certain sites or systems, and other team assignment and management documents

me. Specialized documents: awareness materials, training program materials, network and data center diagrams, alternate office location details, work area recovery site details, etc. Depending on your industry, specialized documentation may include materials that are subject to custody and retention requirements, especially in regulated industries such as healthcare, pharmaceutical, financial, legal, and educational.

F. Human Resources Documents: Personnel files (active and inactive employee files), applicant documentation, benefits and payroll information, grievance and action records, etc.

gram. AR/AP documents: invoices, purchase orders, balance sheets, cash flow analysis, loan and credit documents, financial information, expenses, accounts payable and accounts receivable, transaction records, utility bills, etc.

H. Historical documents: company formation files, articles of incorporation, control documents, reorganization and restructuring information, blueprints and other early stage planning documents, etc.

2) Make sure you have secure, redundant storage and easy recovery:

has. primary storage

b. backup storage

against desktop systems

d. Laptops and mobile devices

me. Collaboration systems, such as SharePoint

F. cloud storage

gram. remote data centers

3) Access and control of records management systems should be based on permissions for authorized users. You don’t want any files to get damaged or lost.

4) Scan important paper documents such as system contracts, SLAs, warranties and maintenance agreements in PDF format. Make sure originals are stored in secure, environmentally safe, and fire-resistant locations. Notify new leadership of this information and store master copies on-site for easy access (after ensuring they have been backed up in a secure off-site location).

5) Review or create a records management policy, which should specify which files and documents should be stored, how and where they should be stored, how and when they are updated, and when they should be backed up and when they can be backed up. delete (if ever). The policy should also identify rules for document retrieval, version control rules, document approvals, document distribution, archiving deadlines, and secure destruction rules.

6) Document management controls must be part of the audit activities of the BCMS (business control management system), at least once a year, and must be updated regularly.

7) Disaster recovery procedures, simulated scenarios, and team document recovery exercises should be a part of making sure your systems are watertight for the next generation.

8) Make a prioritized list of critical documents (enlist the help of several department heads), emergency contact lists, and other information that may need to be quickly accessed in a crisis situation. Knowing that you can effectively manage response and recovery efforts will go a long way in making sure your business is ready to change hands.

9) Have an emergency toolkit that contains hard copies of relevant documents, as well as digital versions on USB sticks or other convenient external storage devices.

10) Record and date your efforts and the results of your simulated exercises, adapting plans if weak areas are identified. This information will be critical to the next generation of leaders and will help them plan for the seamless continuity of what they have started, ensuring that their security efforts do not go to waste.

*Source: Paul Kirvan, Secretary of the US Chapter of the Institute of Business Continuity. TechTarget search disaster recovery article, Optimization of document management systems for business continuity.

Also be sure to take a look at ARMA’s Generally Accepted Record-Keeping Principles and find a trusted records management partner if you don’t already have one. His experience will span multiple industries and provide invaluable advice to inform you if your business is ready for a transition of ownership.

It’s showtime! Develop an effective video marketing strategy

Regardless of the form it takes, whether it’s an ad, a YouTube video, or a commercial with original promotional content, effective video marketing can do wonders for a business in any industry. Any business, whether a large corporation or a small business, can use digital video to increase awareness of its products and services both locally and nationally. If executed correctly, an effective video marketing strategy shouldn’t cost you a small fortune.

So how can you promote your business effectively and affordably in this age where video marketing has become the new way to reach customers? It seems like there are so many tactics and strategies involved in video marketing, and it can be challenging to know the do’s and don’ts of the various video platforms. Here are some tips on video marketing.

Where to post your videos

You have many options for posting videos online. If your business has a blog, then this can be an effective way to upload and display all of your video updates, especially if you have an RSS feed on your blog page. Also, many companies choose to market their products on video platforms like YouTube and Vimeo to reach a larger customer base. Social media posts (like on Facebook, Twitter, Google+, Instagram) give your followers instant access to your videos.

what to record

Just like a movie, a video should tell the story in a creative, engaging and close way. Whether you’re promoting a product or marketing a service, it’s important that you feature people in your videos. This could consist of people using your product successfully and/or customers providing testimonials. Try to keep each video short (just a few minutes) while telling as much of a story in a compelling way as you can. At the end of the video, provide a call to action that tells the viewer how to proceed to the next step.

When to post

A consistent, scheduled video upload schedule provides a routine that viewers can look forward to and look forward to. Depending on the pace of change in your industry, you may want to post daily or weekly to keep viewers up to date. Otherwise, once a month should suffice. There are many websites outlining the days and times each week that your video post is most likely to be viewed. These will help you design your posting schedule.

How to write an effective description

Your readers need to understand what they will see and why it will benefit them before they even hit play, so they can decide if your video is worth watching. Provide a detailed overview of the video content and be sure to highlight the key points the video presents. On YouTube and similar platforms, it can be effective to include links in your summary to other sources like Facebook, Twitter, or your company’s website, so that viewers can follow you on other social networks and contact you. Also, keep in mind that what you include in the description plays an important role in search engine optimization (SEO), which affects how your video ranks on search engines. Seek professional advice on effective ways to promote your video through these channels.

The 2 main platforms: YouTube and Vimeo

These video sharing websites are filled with every type of video imaginable, so in order to successfully market your product here, you need to stand out. You have to create videos with relevant content that viewers want to watch and share with their friends and family. You also need to make your title unique and compelling enough that it’s easy to find among all the other videos. Personalize your channel and make sure it’s easy for viewers to navigate and find what they’re looking for, and be sure to provide a link to any other social media platforms in your description.

Video marketing should be part of your marketing plan if your business has an online presence. These tips should get you started in terms of creating content, writing descriptions, and finding channels to post to. If you need additional help, consider using a professional marketing company who will work with you to develop a video marketing strategy.

Five Positive Tips for Baby Boomers: Retirement and Panic

As the 73 million Baby Boomers retire en masse, at the rate of 10,000 a day, adding more than a quarter million Americans each month through the year 2030, we enter a period of disorientation and personal confusion, tell the truth. We are a very hard-working generation, and often our careers have defined us. And we have high expectations. So our concerns are valid.

Although we have earned money through lifetimes of hard work, our savings have been affected by major declines in the stock market, the banking industry, and the housing industry. Even if we saved enough, which many of us didn’t, we’ve seen those savings dwindle dramatically, with little we could do about it.

Baby Boomers are also known to be a generous bunch. We have done well with our children, our parents, our communities, our churches. Many of us have felt the pinch of adult children who have had difficulty earning an adequate income for themselves. And many of us have dealt with aging parents who need significant help, financial or otherwise.

We grew up in an era where making a meaningful contribution was paramount to living life well. We have always wanted to make a difference. From women’s rights, to civil rights, to world hunger, to preserving the planet, we’ve always been there: marching, demonstrating, donating our funds and services. We are a generation that has always cared.

And now it’s our turn to retire. Our parents retired under a very different paradigm, generally supported for the rest of their lives by pensions provided by their employers. Not so with us. Only one in four Boomers can expect significant income from an employer-provided pension.

And we know better than to hope retirement is cheap. Statistics show that almost half of retired households now spend more money, not less, in retirement. We also know that we are likely to live quite a long time. According to the Social Security Administration, one in four people age 65 will live past 90, while one in 10 will live past 95.

So if some of us associate feelings of panic with retirement, we have a good reason. But there are positive factors that will make transformative differences in our favor. Use these five tips and considerations to your advantage to turn your own retirement years into some of the best years of your life.

  1. Time is on your side.
  2. Reinvention is the new normal. Expect to have freedom and commitment as well.
  3. If you need more money to live the lifestyle you want, earn more.
  4. Seek help with your “transition.”
  5. Feed your pioneering spirit as a role model. Lead the way.

Time is on your side.

If you have lived to age 65, you will have another 25 to 30 years to live. Therefore, she will have plenty of time to make her own retirement transition. This generosity of time can be harnessed to redirect and explore, gain self-awareness, and study the patterns and passions of your own unique and inimitable self to produce a retirement design that is optimal for you, mentally, socially, and mentally. physically, financially and spiritually. Use time to your advantage to give yourself the gift of a future that fully commits you and towards which you can and will devote yourself with vitality, enthusiasm and enjoyment. Create a retirement that will be your handiwork, not just a condition in which you wander aimlessly.

Although, as a Boomer, you are already part of the most educated and technologically savvy generation in our country’s history, you know there is much more for you to learn. With 25-30 years to go, there is no need for you to rush into the third phase of your life limited by what you already know how to do. Once you figure out what you yearn to do and be next, you’ll have the luxury of time to learn how to do it and do it well, to apply your new learning for many years to come, and even to pass it on.

Reinvention is the new normal. Expect to have freedom and commitment as well.

“Working” in retirement, with or without earning money for it, can be a meaningful activity when it’s in keeping with your truest and most naturally enthusiastic self. It is essential to understand that what we are talking about here is not simply more of the same. After retirement, the motivation to work is based on the desire to continue purpose, productivity, stimulation, satisfaction, and social connection. Gone are the days of “I’ll do anything as long as it pays well.”

Although most Boomers plan to work when they retire (71%), that doesn’t mean we’re willing to continue the same job. More than half of us (51%) plan to enter a different line of work upon retirement. Since we are looking for a job that provides stimulation and satisfaction, we will be less willing to adjust to a job and more likely to find avenues of work that suit us.

This translates into the need to reinvent yourself and then reinvent your work. Make decisions based on knowing your own true self. What are you like? (his type and temperament). What involves you? (Your interests). What has meaning to you? (its values). And what can you do well? (your skills and talents).

Then, based on what you discover, reinvent your work. Most likely, you are not interested in continuing at the same pace and level of intensity as your previous work life. And you may not be willing to choose freedom over commitment, or the other way around, when you want and can have both. According to the 2013 Merrill Lynch Retirement Study, many Boomers will seek flexible work arrangements, such as working part-time (39%) or going back and forth between periods of work and periods of play (24%). Others will start businesses or companies, offer services, create, perform, invent, train, guide or advise.

If you need more money to live the lifestyle you want, earn more.

In the past, the focus of retirement planning has been to save and invest money during your prime working years so you can live on passive income in retirement. To the extent that we have been successful in this task, or have the benefit of increasingly rare employer-provided pensions, this passive income can provide a solid foundation after we retire. But this base income certainly does not define or limit our potential lifestyle. Retirement does not have to mark a shift to only passive income or the end of active income. It’s much better, and probably more realistic, to think about having a little of each!!

With the advent of computer-based work, locating and executing employment contracts can be accomplished without ever leaving your home. The world can be your market for the services you offer, the art or crafts you create, the books or courses you write. Once you redefine yourself and decide what your purpose will be from this point on, you will have many options and scenarios moving forward.

If your dream has been to travel in retirement and you don’t have enough money to do it, go ahead and earn the money you need to travel and fly to France and Italy for a month. If you want to buy books, or season tickets for the Symphony, or even a boat… work on as many “concerts” as you need to achieve your dreams. Don’t fall prey to the mentality that you will always be forced to live on a fixed income.

Seek help with your “transition.”

Retirement and the considerable challenges of planning for this dramatic transition is not something you should face or plan for alone. Although it may sound simple to discover what you are uniquely and even passionately prepared for in your remaining years, this will be a process, not an event.

After decades of being defined by work, it’s no easy task to change this so that you define work. You’ll also be fully in charge of establishing your new work-lifestyle balance. Without a plan, you could waste precious years of this pinnacle moment in your life. These life and work redesigns become even more complex for couples, each of whom will need to create an individual vision and then, through a series of conversations, build a shared vision that takes into account what each needs and wants.

During this essential transition period, give yourself permission to seek the help you need to get it right. Although in the past most so-called Retirement Counselors have focused exclusively on financial matters, the emerging industry of Certified Retirement Coaches, Retirement Therapists, and Transition Counselors has become an excellent source of assistance, offering individual consultations, as well as group sessions. In addition, there are a number of helpful books on the retirement transition, particularly those that offer assistance with self-analysis and career change. Try searching for “life and work after retirement” to identify resources to guide you through the transition process.

Retirement is a time of rediscovery, followed by essential decisions about what to do and be, achieve and contribute, for the rest of your life. It is worth spending energy and time, as well as resources, on your own future.

Feed your pioneering spirit as a role model. Lead the way.

As we 73 million Baby Boomers redefine the process, face, experience and outcomes of retirement, we will ultimately show future generations how it can be accomplished creatively and appropriately. This will provide them with all the essential models for their own lives in later years. And with 73 million Boomers going through these changes in less than two decades, there will be a great need and demand for more retired coaches in the years to come. So once you get your own retirement transition right, you may choose to offer the necessary guidance to other Boomers.

Find venture capital investors

Often finding venture capital investors is a bit easier than finding angel investors. This is mainly due to the fact that venture capital firms present themselves as professionals looking to invest in small and medium-sized businesses. Many angel investors generally do not advertise that they invest in small businesses, as they are simply individuals and not large corporations looking to make a name for themselves within the industry. As such, it is relatively easy to find these VC investors. First, when looking for this type of financing, you must first determine whether or not it is a good fit in terms of its ability to provide a substantial return on investment. In many cases, these companies will want to see that their business can grow at a rate of at least 30% per year if they don’t hire. As such, if your business can’t support that kind of growth, then it may be in your best interest to work with a middle-market funding source that will be able to provide you with the capital you need without requiring you to sell a substantial portion of your business.

Any time you work with venture capitalists, you can anticipate that they will want to have at least a 70% majority stake in your business. This is due to the fact that these companies need to produce very high returns on their investments for their investors. Also, most venture capital firms provide more than $5,000,000 for companies. As such, it is extremely important that you have a rapidly growing business that can support that size of investment. If you can do this effectively, your chances of receiving money from a venture capital firm will increase significantly.

In closing, VCs are a great way to fund a great business concept, new technology, or fast-growing business. However, the tremendous disadvantage of this affair is that they will want to take a substantial part of the business. At any time they can replace you with a different CEO if they feel you are not growing the business fast enough. However, if you are a savvy businessperson, then you may find that working with a large equity investment firm or related brokerage firm may be in your best interest. As always, you should have the proper accounting and legal advice on staff to ensure you get the best possible deal from these funding sources.

What to Look For When Buying a Mini Excavator for Sale

Buying a Mini Excavator for Sale

Whether you are buying a mini excavator for sale for a personal project or you are buying a larger model for your business, it is important to be aware of the features and benefits of this equipment. The main difference between a mini excavator and a full-sized model is that the former is a lot smaller and is often designed to work on smaller job sites. It can be used in a variety of applications, from land clearing to road building. However, it is also important to be aware of the potential hazards associated with these machines.

mini excavator for sale come in a variety of different sizes and power ratings. It is important to consider the size and weight of the machine when shopping for one. A mini excavator that is too heavy can cause problems when moving and hauling the machine. Similarly, an undersized excavator won’t be able to handle larger jobs safely. The cost of fuel is also a significant factor in the total cost of ownership. It is important to factor in your local fuel prices when buying an excavator.

It’s also important to consider the safety features of your mini excavator. A good mini excavator should be equipped with an anti-theft mechanism. It should also have a good quality hydraulic system. You should also be able to use it in both forward and reverse motions. A mini excavator that does not have a good hydraulic system could potentially cost you a lot of money in repairs and downtime.

What to Look For When Buying a Mini Excavator for Sale

Mini excavators are also often equipped with hydraulic breakers. These breakers allow the operator to change attachments without the use of tools. This can be a very useful feature if you are constantly changing the types of attachments you use. The JCB 8025 ZTS mini excavator is one example of a compact machine that is designed to be easy to use. It is also very popular because it is easy to clean.

Another feature to consider is the slew ring. This feature allows the front of the machine to move smoothly up and down, which is important for avoiding damage to the machine. The slew ring should have flat teeth at the ends of its shaft. If it has pointed teeth, it may be a sign of abuse. This feature is also important if you are planning on using the machine for digging deep holes.

A grapple is one of the more popular accessories for mini excavators. These grapples are usually equipped with rubber jaws and allow you to move concrete or masonry. They may also have a 360-degree rotator. This feature is especially helpful if you are working in a tight space. A grapple can also move a lot of weight, which is important if you are planning on moving large loads of material.

Buying a mini excavator is a big decision, and it’s important to do your homework. You should consider the age and size of the machine, as well as the attachments you are planning to buy. You may also want to get some training from your dealer. They will be able to offer you instructions on proper operation and safety practices. They will also be able to help you determine the right size of material handling equipment for your particular needs.

Home based business made easy

Everyone wants to start their own business and become their own boss, but many don’t know how to do it. There are various types of home based businesses. Service businesses, product sales, and web-based home businesses to name a few.

In this article, I’ll walk you through the process of starting your own online business from home. I’ll try to take some of the mystery out of the process. By following this guide, you will be up and running in no time without making a huge investment.

First, you need to know what your business is going to do. Will you provide a service? Do you intend to sell products? These are the two general types of online home based businesses that I will discuss in this article.

If you plan to provide a service, what type of service will you provide? Will it be provided to people who own websites? Will it be a service that everyone can use, or will it be limited to your area?

Ask similar questions if you plan to sell a product. Will it be a product that you sell and deliver locally, nationally or internationally? If you choose worldwide, do you know anything about shipping your product abroad? The same applies to domestic delivery. Are you aware of the costs associated with having your product delivered anywhere in the country where you live?

Once you’ve answered these questions, you’ll have a better idea of ​​how your home web business will eventually take shape.

Then you will need a domain name. Most people think that your business name is the best way to get a domain name, however, a generic domain name with keywords associated with your product or service will serve you much better. You can also register your company name as a domain name and direct it to your website, but it’s not required.

The generic domain name can help you with search engine traffic and may be easier to remember. This is just one of many factors that will help you with search engine optimization, but it’s a step you should take early on. Example: Cars.com is a better domain name than Ford.com, even though Ford has spent millions on advertising and branding. Even cheapusedcars.com is better because people will search for it.

You need to find a good domain name registrar, not a cheap domain registrar. Cheap means cheap in the field of domain names. Your domain name is important. Spending $25 a year on a registrar that offers more services and quality VS spending $10 or less on a cheap registrar is what we are talking about here. If this extra $15 a year will make or break your home business, then maybe you shouldn’t start one.

Then you will need a web hosting service. Once again, cheaper is not better. There are good hosting services for $100 a year or even a little less. Anyone offering you accommodation for less than that should raise a red flag. Choose and pay for at least one year, just as you have registered your domain name. If you’re going with a monthly plan, you probably aren’t fully committed to your new home business.

You now have your domain name and hosting for your new website, but where is the website and how can I get it? You have several options. You can learn HTML and create your own. You can use a WYSIWYG editor like FrontPage to create your own website. You can hire someone to build your website for you.

First, let’s talk about learning HTML to create your own home business website. There is a learning curve here. This is the best option of the three I mentioned above, but it takes time to learn. It probably won’t be operational for a few days with this option. It will save you a lot of money in the long run to learn HTML and build your own websites. The more websites you have in your wallet, the more you will have at least one that will be a big winner. Writing your own code means you can create a new site as often as you like.

Next, create your own home business website with a WYSIWYG editor. (What you see is what you get). These editors are similar to creating a document. Everything is visual and it is not necessary

Part code.

Then, hiring a web designer to create your home business website is another option. A professional website designer knows how to give his website the look he needs. However, be careful when choosing a web designer. I’ll add a few things to keep in mind here;

1. If they say they will register the domain name for you, say no. Registering a domain name is not technically difficult. Do it yourself. Many web designers register the domain name at the cheapest place they can find and then charge you $100 or more per year for the domain name. So many of them register it in their own name! This will cause you big problems if you decide to stop using their services. The domain name should always be in your name.

2. Ask them what program they use to build their website. If you are going to use FrontPage or Dreamweaver or another WYSIWYG editor, you can also create your own business website from home. If they don’t write HTML from scratch, then they shouldn’t be in the web design business.

3. If they want to bill you monthly to run their website, be careful. Do not sign annual contracts. Your job is to build a home business website. Let them stick to it. Most designers are just designers. They are not search engine gurus, business leaders or anything else. Hire a designer to design and others to do what they’re good at.

4. Don’t let them talk about features you don’t need. Just like used car dealers, they will try to get you to add a lot of bells and whistles that you don’t need.

5. A brochure website is one that is basically designed to let people know what products or services you are providing and to contact you for more information. This is usually a home page, an about page, and a contact page. It shouldn’t cost you more than $500.

6. If you are going to add the ability to purchase your product or service by paying for it through your home business website, then it becomes an eCommerce website. Again, pay attention to the bells and whistles that the used website seller is trying to sell you. PayPal is a good option when you are starting out. You can easily get a PayPal account. You can create your own purchase buttons and insert them into your website with the code they provide you without being an HTML guru. You can even set shipping costs and everything else through PayPal for free. They charge small percentages per sale, but the services they provide are worth it. Plus, they don’t have setup fees or monthly fees like other ecommerce solutions. When your sales volume reaches thousands of dollars a month, you can look for a better solution, but until then, use PayPal.

7. An old adage among those who make money on the web is “You build first for show and the rest for dough.” What does this mean? You’ll probably be very concerned about the appearance of your website at first, but design is the least important aspect of your home web business. Many will disagree, but who cares? Let me repeat, design is the least important aspect of your home business. A beautiful website with no traffic gets uglier every day. An ugly website with money generating traffic becomes more beautiful per dollar. Create a total budget for your home web business. Do not spend more than 30% of this budget on design. Dedicate the rest of your website to promotion, advertising and other actions that attract customers. Don’t let a designer tell you that your design is more important than the success of your home-based business.

Now that your domain name, hosting, and website are up and running, now you need clients. Where do you find them? I have my website, now they won’t find me? No they will not.

There are many things you can do to get traffic. You can buy AdWords from Google, MSN (coming soon), or Yahoo. This sends you traffic from people searching for specific keywords. Keep an eye on the bids and set your spending limits until you see which keywords will earn you.

Book Review Introduction to Technical Analysis

I have been trading stocks for some time now and gradually discovered that 1) I can only profit in bullish bull markets 2) My timing of buying at the low point and selling at the high point was flawed and relied only on my sixth sense and feelings Guts So I looked to see if there was anything I could learn and trust to know when is the best time to buy and sell stocks. One day I came across a discipline called Technical Analysis and it fascinated me. This is used by professional traders and remeisiers to understand market sentiment, recognize any chart patterns, and manage risk. There were numerous advertisements in the newspaper showing people wanting to teach others how to profit from the stock market using technical analysis. I attended a few of these seminars and found out that they cost you at least $5,000 to begin with. Whether you succeed or not all depends on your own skill and experience. I decided not to sign up for any of them; however, I wanted to learn more about Technical Analysis using an alternative way. I went cyber shopping on Amazon.com and came across this book called “First Steps in Technical Analysis” by Jack D. Schwager. Many hidden gems are linked in this book. In this book, you can find information about:

  • Basic fundamentals like charts and patterns, trend lines, trading ranges and breakouts, support, resistance, oscillators
  • Trading techniques like entering in the middle of a trend, stop loss, exit criteria, failed chart patterns
  • Trading system as software, design of a trading system, testing and tuning of the system
  • Practical trading approach like trading plan and steps, trading rules, market observations, trading mastery

After reading this book, I’ve learned the many areas that make up technical analysis, and it’s not just about looking at charts. I like to recommend this book as a must-read for beginners who want to know everything about technical analysis and, in turn, have a better understanding of the markets in order to make more informed investment decisions. Jack runs his own trading company and manages client funds. He is the author of several other books such as “The Complete Guide to the Futures Market” and “Fundamental Analysis”. The many examples are easy to follow and are designed to further illustrate the concept in a practical way. Two things I like the most are Jack’s extensive trading experience, he is able to provide an entire chapter solely on real life chart analysis taken from his own trades, as well as trading psychology and taking advantage of behaviors and trends. From the market. The best part is that I have improved my trading approach and have applied many of Jack’s teachings. This resulted in better entries and exits that maximize profits and minimize losses. I would have lost more money if I hadn’t gotten this book and relied on hope. Get it now.

What is the Best 60% Mechanical Keyboard?

Best 60% Mechanical Keyboard

Whether you’re a typist who likes to keep your hands free or you’re a gamer looking for a comfortable, compact keyboard, there are several options for a 60% mechanical keyboard. These keyboards are built to provide a comfortable, quiet, and efficient typing experience. The keyboards are often made by enthusiast and gaming brands. Those with a preference for mechanical switches should definitely consider a 60% mechanical keyboard. These keyboards feature streamlined key switches that provide better physical feedback than regular keyboards. However, they do affect the keyboard’s feel and sound. Those who need to type in documents should avoid models that use linear switches.

Key switches are usually color coded to indicate their intended function. Some models allow for custom light patterns. While some manufacturers use a single LED backlighting, others offer more options. Some models feature a full RGB backlighting system that can support 16 million colors.

The Cooler Master CK552 is a full-sized gaming keyboard with RGB backlighting. It has an aluminum top plate and Gateron switches. It also features non-slip feet and faster key registration. It comes with a 5.9-foot USB 2.0 cable. The keyboard is available in black or white.

The Anne Pro 2 is the crowd’s favorite. It features a tall case and palm rests. It has an auto-sleep feature and Bluetooth 4.0. It also comes with a Caps Lock key, which is a nice feature to have. It is quieter than similar 60% models. It has a 1,900mAh battery. However, it doesn’t have flip-out feet, a numpad, or attachments for angle adjustment. It also lacks a dedicated FN key row. Its switches aren’t hot-swappable.

What is the Best 60% Mechanical Keyboard?

The Massdrop ALT is a 60% mechanical keyboard with a reasonable price tag. It offers customisability through its on-board input layers, but it isn’t as well built as other mechanical keyboards. It’s also a little more expensive than some of the lower profile mechanical keyboards on the market. It also lacks fancy software and fancy switches. But the build quality is pretty good and the keyboard is comfortable to use.

The Anne Pro 2 is an older keyboard with a comfortable key profile. It is quieter than similar 60% models, and has a tall case with palm rests. It also has a 1,900mAh battery, and it’s compatible with Bluetooth 4.0. However, it doesn’t have a numpad or flip-out feet, and its switches aren’t hot-swappable.

Another good 60% keyboard is the Kinesis TKO. This keyboard features customizable lighting. It can be tilted or angled, and it has four adjustable feet. It also features a split spacebar and three smaller spacebars. It has a black on black theme and can be purchased in white or black. It uses optical mechanical switches. It is a solid, durable keyboard. The switches are also adjustable in brightness.

The HHKB is a sub-60% keyboard with a unique layout that prioritizes speed and accuracy. It is also more compact than a 100% keyboard. It is a great choice for gamers and programmers. It is designed by programmers for programmers, and it prioritizes reliability and accuracy. However, it lacks a numpad and the lower right and left corner CTRL keys. It’s also more expensive than many of the less expensive 60% models.

Does technology make leadership more efficient or dependent?

‘Technology is a useful service but a dangerous master.’ In fact, the famous saying has prompted even techies to step back and think before jumping into the realm of automation, mechanization, robotics, and computers. A modern term to refer specifically to these evolutions would be ‘digitization’. From daily tasks to currency, everything fits radically under the blanket of digitization. Interestingly, the technological revolution is in its most prominent state in the current century more than ever. The 21st century is therefore known as the age of innovation.

The influence of technology is touching every industry sector, significantly improving not only the way things used to work, but also the way humans used to think, act, and execute plans twenty to thirty years from now. Taking this aspect into account, one of the aspects in which technology has influenced considerably is ‘leadership’ in the business world. However, this drastic influence of technology on today’s leaders, their mindsets, and even their leadership styles is giving rise to countless questions, and one of those millions of questions is ‘Is technology making the craft of leadership better? be more efficient or dependent?’ In fact, it is a critical aspect to reverse your views, beliefs, opinions and judgments when you are part of the contemporary business environment. Let us discuss more about this topic in this article below.

Technology-Based Leadership: Boon or Bane?

The question is critical and a bit difficult to answer, as we are still in the middle of the evolution and haven’t really come to a conclusion. Things are about to be mechanized and digitized, and the results are both positive and negative. New software, tools and procedures are constantly being introduced to the corporate platform, which is significantly changing the work environment. Leaders are looking to technology as their right hand to stay ahead and beat the competition. The Meyers-Briggs Type Indicator, the USC Leadership Style Self-Assessment, the IHHP Emotional Intelligence (EQ) Assessment, and the IHHP Performance Under Pressure Assessment are some of the most advanced tools used in the current century by top leaders of organizations around the world. the world. If you use them effectively, these tools will deliver you with a highly progressive approach to how to identify your leadership blind spots, how to deal with change, how to be the recipient of true mentorship, and the list goes on. There is hardly an organization today that lacks a technological infrastructure equipped with these or other relevant tools. Various leaders, entrepreneurs and entrepreneurs around the world have been able to see success with the bliss of technology, but then again, it all depends on how they have made the technology work for them. There is a big difference between surrounding your business, your ability to judge and your skills with technology and using it instead.

Why does everything depend on how the technology is used and executed?

Regardless of how advanced technology has become and how closely it has become intertwined with our professional lives, the fact remains that some skills can never be replaced by automation. Skills like the ability to inspire others, build trust, and promote teamwork have long been the golden qualities of successful leaders. Today they are admired and admired as the classic rules because they have actually worked for years. No automation or robotics can act as a substitute for the skills, ideas and knowledge that come naturally to a person. However, how technology can help is by helping to polish and improve your skills. This is exactly where the art of using technology properly comes into play. A wise leader will always be able to manipulate technology to serve him rather than let technology take over his real abilities. Today’s business world treasures many successful leaders, and if you pay attention to their success stories, they all have one skill in common, and that is choosing the right approach to technical execution.

If you have come across the term “blended approach”, it is exactly the method adopted and used by most leaders to keep the roots of tradition intact and incorporate innovation at the same time to achieve a more productive result. For example, today there are several tools that are widely used to have a digital conversation within a team in a workplace. In fact, through these portals, team members or leaders have a better platform to interact with each other. However, true leaders deliberately choose to go to their team members on occasion and talk to them in person in order to avoid reliance on hardcoded tech support all day. Maintaining a balance between innovative and conventional approaches is what today’s aspirants planning a future in the business industry need to know. Taking advantage of these small but influential details requires deep knowledge and ideas. If you are ready to become a part of this complex but optimistic world of corporatization, IILM is the place for you. As one of the best PGDM colleges in Delhi, we at IILM offer interested business management aspirants an excellent opportunity to add a significant edge to their careers. Take advantage of our world-class PGDM management program to stand out from your competitors.

The Howey Test (aka Why Investing Private Money Involves the SEC)

Have you ever heard of the ‘Howey’ test?

If you want to raise money from private investors to finance real estate investments, you need to know what the Howey test is and what it means for you.

J. Howey was a Florida businessman who sold real estate contracts to finance the development of citrus groves he owned (a type of leaseback sale arrangement). Howey was offering people to buy the groves from him and then lease them back, so that the buyer would make his profit from the rents Howey received from tending the land.

And that? Who cares? How does this impact you? she keeps reading…

The issue the SEC took with J. Howey and his real estate business was how he was marketing his investment opportunity. You see, Howey marketed his land sales through promotional materials at resorts in his area. He promised big profits to those who received the sales presentation expressing interest. Most of Howey’s buyers were not Florida residents or had farming or farming experience.

The SEC (which regulates securities laws for real estate investors) filed a lawsuit against Howey, seeking an injunction to prevent Howey from using the mail and other means of “interstate commerce” to offer what they called the sale of non-exempt and unregistered assets. security.

The Supreme Court ruled that Howey was offering an “investment contract” as defined by the Securities Act of 1933. As part of this ruling, the Supreme Court developed a test to see if an opportunity constitutes an “investment contract.” This test was called the “Howey Test”.

An investment contract under the Howey Test was defined as follows:

1. an investment of money due to

2. an expectation of gains derived from

3. a common company

4. Relies solely on the efforts of a promoter or a third party

What this meant to J. Howey, and to all future real estate investors, was that whenever you’re looking for investors, whether the investor signs the deed or has a mortgage, if the investor trusts you to earn your profit, you are considered to be selling a security. Howey’s test set the standard for securities laws in raising money for real estate investments.

Since you are selling a security when you raise private money, you must comply with securities laws.

I have found it useful when raising private money as well as teaching real estate investors how to raise private money, going over the basics of securities laws and how they came to affect us. Honestly, when you’re focused on your financial goals (and real estate investing as a vehicle to achieve them), nothing should deter you, especially regulations. Once you know the rules of the game, you can play the game much better.

You should always have a qualified securities attorney assist you with your private money offerings. I have a trusted team of professional advisors and my securities attorney is at the top of the list, and I seek his advice frequently. Never be wise or foolish when it comes to your powerful team of advisors.

***This information is for educational uses only. The content of this article does not constitute legal or tax advice. The author is not providing any type of legal, tax or professional advice. Before entering into any business transaction, please consult the appropriate legal and tax advisor.***