Monthly Archives: January 2017

18

How To Track Bank Account Transactions Manually

When a customer at the bank gets a hold of a statement in through the mail, the statement lists out all the transactions happened during previous month. The transactions include both incoming and outgoing, tallying up to a final sum which is indicated as the up-to-date account balance for the benefit of the customer. Without the benefit of the statement, the customer would be much more in the dark more with respect to the contents of the account. With the statement in hand the customer knows details such as the dollar value spent, the size of the income, and the present state of the account.

The fact of the matter is that this information becomes outdated almost immediately as the customer starts to use money. A simple ATM withdrawal means the account balance is not reflected in the monthly statement. The way to make sure one knows the state of finances even between statements is known as “bank reconciliation”. The device to help one do so is the checkbook register – which is simply a little sheet of paper that is used for recording transactions.

What is the importance keeping track of this money? The larger fraction of bank customers have come up against deep reasons to do so. Indeed, whenever a check is issued with a value higher than the level of money in the account, two things happen. The check may not go through incurring a bounced check fee, or the check goes through because the bank covers it temporarily triggering an overdraft fee. In both cases there is a serious negative consequence.

The types of transactions are many. Monthly car payments by way of check can result in a penalty if there are not enough funds on the day the payment is being cashed.

Personal checkbook registers impedes the rotten luck of such errors occuring. For people who have trouble managing their finances but also find maintaining a checkbook register too burdensome, there are electronic alternatives which are faster and easier to use. These are merely calculator-like devices that can easily be carried around. They have special entry keys for the different kinds of transactions one might encounter related to the checking account.

Very recently the U.S. Senate implemented a series of consumer-friendly finance rules relating to how banks charge overdraft fees (this fee is incurred whenever a bank steps in and pads a customer’s account whether or not the customer wants it). Basically a bank must ask a customer to opt-in to their overdraft fee program. However, the flip side is that without the overdraft fee, checks will bounce and cause other kinds of trouble. Therefore, it is still best to keep finances in check with devices like the checkbook register.

13

Do You Have What It Takes To Become An Online Entrepreneur

What does it take to become an online entrepreneur you ask? It is not always easy. It takes a serious, burning desire to become an entrepreneur.

I am not kidding either. You need to want this more than anything else. (There are a couple of exceptions to this, but not very many.) >

You need to be willing to focus on the end result, which should be, becoming an online entrepreneur. Will you do whatever needs to be done to accomplish your immediate goal?

To become an internet entrepreneur you must have the ability to ignore all the outside negative words and influences of family and so called friends which are said, not meaning to hurt you, but to in their eyes, keep you from making a fool of yourself or them.

Realize also that most likely, you will have some failures and that these failures will only help you learn.

Becoming an Online entrepreneur also requires the ability to accept that you will probably will be doing the same thing over and over again. After all, that is basically what you will be doing, having financial success doing a certain technique, then repeating it.

Let’s not forget organization and the ability to manage your time. If you are organized, you are more likely to know where everything is, which will in turn, give you more time to work. Time management most likely means that you will have written out a schedule as to when to do everything required for a internet entrepreneur thus saving you even more time.

Becoming an online entrepreneur may sound difficult, but the reward for your stick to it attitude will be more then you could ever imagine. I am very excited to offer you the ability to join me, so read my resource box because it will be worth it.

My name is Samantha Livingston and I am an active member of the millionaire society. Come and join me on my journey to becoming a millionaire online. Just follow me to see how, I guarantee you’ll will be amazed at www.whatismillionairesociety.com

18

Are You Ready to Buy Bank Foreclosure Homes

The desire to buy bank foreclosure homes may have been growing in you for quite some time. This feeling may also be accompanied by the gnawing thought that maybe it is time to be free of the restrictions of renting and be more responsible in terms of homeownership. You check your salary versus the cost of buying a pre-owned house and decided that you could afford to have a house of your own.

But wait. Are you sure ready for it?

The Checklist

Your salary may qualify you for a loan to purchase one of those bank foreclosure homes advertised. You may even think you can still haggle down the price with the seller. But have you checked if you could afford the monthly payments for the house? Your cash flow may have only allowed you to accommodate rent, but can you take a debt of 35 years? It may even eat up 30 percent of your cash flow.

Your emotions can get the better of you. You may have been arguing with yourself, your spouse or your parents that you need a bigger space, more freedom and a place for your business/side business. While it may be logical, you have to do the math first and see if your arguments outweigh the monthly cost of owning a home. Will the new house require you to have a car because of its location? Or will it allow you to ditch the car, save some money by taking the public transport since it is in the middle of the city? Will it allow you to expand your business/side business?

Another thing to consider is the time you need in maintaining your own home? Do you have time to mow the lawn, dig through the snow in your driveway, or do the repairs? These chores may eat up the time that is supposedly devoted to your business/side business and/or family.

Also worth considering is your ability to come up with the down payment for one of those bank foreclosure homes you have been wanting to buy. The era of “no-down payment, introductory low interest rates” is over. Banks have tightened their lending since the credit crisis, so they may require you to make a down payment of at least 20 percent. Without it, you would be paying for a higher interest rate, which would hurt your pocket in the long run.

These questions may help you see clearer if you are really ready to buy your own house – even one of those bank foreclosure homes that are sold below market value. But if your answer to the questions above is “yes”, then proceed in making your monthly budget and long-term financial plan to allow you to take on a new or additional debt for your planned purchase.

1

The Urgency in Deploying Network Security Appliance for Small Business Networks

Information is business assets, like other valuable business assets, that must be protected against any threats. In medium to enterprise business networks, the management of the information security is a must. In small business networks, generally the organizations lack of competent security experts that should manage the information security. Therefore the choice of the deployment of small business network security appliance is a must for small organizations.

In large enterprise networks, they have many layers of security protections including the endpoint security, the management of information security and policies which must be enforced to all business unit groups. Unlike large scale business or enterprise networks, in small organizations – generally they do not develop the management of information security in place.

This is generally due to lack of IT security expertise which does not compare to the assets that must be rotected. Any layers of security that should be deployed, depends on how critical your information assets is. Therefore, they mainly focus in securing the endpoint security.

The entry point of the private network generally where all the internet threats are coming from, the intruders or the hackers as well as the malware will start to attack the vulnerabilities they found. Therefore, small business network security should concentrate in protecting the entry point by any types of secured firewall appliances. There are many security appliances available in the marketplace you can consider to use for your organization.

The following are some of the small business network security appliances you can consider to use for your small organizations. DSD-150 is designed for home or SOHO networks that use broadband internet connection.

DSD-150 Security appliance

D-Link DSD-150 internet security adapter is an all-in-one small business network security which is designed for home and small business networks. With this single device connected in the entry point of your broadband internet connection, you have a complete protection including network protection, firewall protection, virus protection, spyware protection, identity protection, pop-up blocker, SPAM blocker, and parental control – all in a palm-sized box.

DSD-150 is suitable for home and SOHO as small business network security which has 4 computers or more. installation and configuration is easy, DSD-150 has 2 Ethernet ports, WAN port must be connected to the modem (RJ-45 LAN port), and the LAN port must be connected to the wireless router.

CheckPoint Safe Office 500

CheckPoint Safe Office 500 is a small business network security a total internet security appliance for small to medium sized business networks. If your organization is lack of security personnel, dont worry trust the network security to this CheckPoint Safe Office 500 that can protect a network of up to 100 users from any types of network threats.

19

Wilson Harrell – for Entrepreneurs Only

Entrepreneurs are born, not made, but thirst for freedom is the spark that ignites.”
— Wilson Harrell

What does it take to become a successful entrepreneur in today’s business world? Well, there are many giants of business you could ask, but you would be hard pressed to find anyone better than Wilson Harrell. Read about a country boy who became a marketing guru and entrepreneur. He is quite simply a business legend.

Born in Georgia, 1919, Wilson Harrell, world renowned entrepreneur and marketing guru was a man of strong conviction. In his great business journey, he lived a glamorous life all through. Not all know that Wilson was a fighter pilot in World War II and received Purple heart, Air medal with 4 oak leaves and also the President Citation.

It all began with Wilson Harrell & Company started by Wilson himself after the war. The company distributed Kraft products to huge military PX market and in very less time the company sales reached $200 million. But Wilson had other ideas, he sold the distribution company. Then he bought Formula 409, a household cleaner product company for $30,000 and turned it around. He later sold the company for $7 million and bought 60 food brokerage companies whose total sale exceeded $500 million.

All in all, Wilson started over 100 companies and turned around a few. He was voted America’s no.1 columnist for the year 1995 and 1996 by the American society of Business for his monthly contribution to the Success Magazine. Wilson was also the past publisher of INC. magazine.

Along with being the Founder/Chairman of council of growing companies, nationwide organization, Wilson was also the leader and voice of entrepreneur’s movement in America. His book “For Entrepreneurs Only” was a bestseller and still one of the most admired in this genre.

In his book, he discussed the hunters and farmers of cave man age. He reasoned from science and a variety of studies that genes are passed down and often entrepreneurs are the children of entrepreneurs. At some point thousands of years ago, entrepreneurs were the hunters of our world while the farmers tend to be employees.

He enjoyed great success in life and died in 1997 at the age of 78 from lung cancer.

“I’ve loved, I’ve laughed and cried
I’ve had my fill, my share of losing
And now the tears subside
I find it all so amusing
To think-I did it all that
And may I say
Not in a shy way
Oh no, oh no not me, I did it my way”

– Source-“For Entrepreneurs Only” from Wilson Harrell.

16

Small Business Owners Business Best Practices Ideas

Small businesses are often beaten out by larger competitors because the bigger business has better practices than the small ones do. The good news is that there are many of the business best practices that are used by big companies that can be translated for small businesses.

These business best practices are some of the best kept secrets and will in the long run make a business more successful. Here are a few ways you can use these business practices to fit your small business.

One: Borrowing ideas from other companies is one business practice you can use in your small business. This is known as best practice benchmarking and it can lead to vast improvements in your business structure if it is done the right way.

Most small businesses have a tighter budget than the big businesses do so the business practices that you learn can save money and can be even more beneficial to you than it would be for the big business. When you emulate another business and how they cut costs, you will be able to do the same thing they have done in a much shorter time period.

Two: You have to have a clear understanding of business methods if you are going to borrow their business practices. You need to do some heavy research and ask questions. This will help you figure out how others were able to get the job done to get them to their goals.

This is imperative if you are going to have success using these practices with your small business. One helpful way to find out the information you need is to send surveys to businesses that are successful in the business field you are looking at.

Three: Once you have studied the business best practices and you know how that business uses them, you will need to translate them to fit your small business. Before they will work for your business t want business practice you can use in your small business is borrowing ideas from other companies here may be some crucial modifications that need to be made.

Four: One business practice that is imperative to the success of any business of any size is to have good communication in your business. This means that you need to communicate on a regular basis with your employees.

You have to do this to make sure that everyone is on the same page business wise. Otherwise, you may find problems cropping up that you will have to deal with.

Emulating business best practices is fine but you want to make sure that you don’t steal their practices outright. Always do your research and use the business practices that you can modify to fit your small business. Don’t do anything to get your business in trouble in the future.

14

Iraqi Dinar Trade Offers Customers A Secure Method Of Buying Exotic Currencies

Iraq might not be a well-reputed country politically, but it is one of the richest countries due to its resources like crude oil. This has brought a lot of investors in this country from different corners of the world. Still, the currency of Iraq id troubled situation and remains in exotic status. Most of the people in Iraq have lost their faith in dinar currency but to some foreign speculators, it promises great returns. As Iraq re-evolution is expected to happen, which will improve the situations. Foreign Exchange experts and well-know economists agree that the currency of Iraq is poised for a comeback. All these conclusions are based on the fact that the economy in Iraq is projected to recover by 2013.

As the world is facing shortage of oil, the price of crude oil increasing and it is expected to play a part in the recovery of the Iraqi dinar’s value. This recovery of Iraq economic condition is expected to be responsible for a surge in the value of the exchange rate of dinar. It is calculated that the value of dinar will increase and soon one dollar will be equal to three Iraqi dinars. Owing to these factors, Iraqi dinar trade is on boost and gathering many foreign investors in search of heavy returns. The increases in the value of Iraqi dinar will automatically the interest in dinar trade.

There are many online dealers who give a good platform to all the investors looking for online dinar trade. But before investing your hard earned money, you should do a thorough research online do find reliable online dealer. There are also a lot of fraud dealers available online, who can easily loot all your money without any guarantee of returns. One should always choose the dealer with 100 % authentication and certified from the required government bodies.

Not only Iraqi Dinar, but also Chinese Yuan, Vietnamese Dong, the Hong Kong Dollar and several other currencies are considered as trouble currencies and expected to get re-evaluation soon. You can easily buy all these currencies from the online dealers. Among all of them, Dinar is considered as the most profitable currencies to invest in. You can easily buy and sell dinar online in just a couple of clicks. If you are also interested in buying, selling and exchanging dinar online, there are various online dealers who offer you the opportunity to make secure payment online.

2

Why Small Business Needs Accounting

According to the NY Times, one of the ten reasons small businesses fail is due to improper or lack of accounting. Corporations spend a significant amount of money and hire accountants to report on the status of the company and maintain day to day operations. Yet, many small businesses end up failing to maintain proper accounting.

Accounting Helps with Operating Your Business
Proper Accounting helps pay employees and vendors; helps with customer invoicing, helps post payments; tracks your business assets and liabilities, and most importantly, it calculates any profits and losses. Small businesses cannot operate if they can not pay their employees or ignore vendors bills and continue receiving materials for their products. Often, those functions are ignored by small businesses due to lack of time thus resulting to work stoppages.

Accounting Provides Feedback
At the end of every period, may it be monthly or yearly, as small business owners, you have some idea of how you performed and accounting provides you the validation you need. It will tell you if you made a profit or loss. If you happen to have a loss, it will determine where your biggest expenses are coming from and if you did make a profit and still left with a small cash balance, it will probably tell you which customers havent paid and which customers are now delinquent. Small businesses fail when what they think is not true and this is the most important reason why small businesses need accounting.

Accounting Helps Comply With Legal and Contractual Obligations
The IRS, other government agencies, and banking covenants require businesses to provide a detailed accounting of their revenue and expenses. Depending on the size and entity type, it also requires you to have a balance sheet or listing of assets, liabilities, and equity. Accounting provides you with that information easily. It provides business owners the right amount of withholding, deductions, and back-up just incase they get audited.

Accounting Provides Non-Financial Insights
Many small businesses fail to realize that accounting is not just financial information. It has information on timing, customer information, employee information, and other information that may not necessarily be part of your financials. For example. a key non-financial trend that small business could pay attention to is their customer demographics, you can identify what your customers age, location, and how they order products and services and you can zone in on advertising to that demographics thus increasing revenue and could lead to increased profit. Another, key non-financial trend small business can pay attention to is monthly sales figures, when a small business realize that a continuous trend of slow monthly per year. A small business could either ramp-up advertising 30 days before as anticipation of the slow month or they could plan a family vacation.

17

Make Money from staying at Home

If your dream includes you staying at home and making money you may soon find a way to make your dreams come true. There are several different jobs available for those who choose to make money from home. If you are ready to begin here are some tips to starting your own home business so you can make money for yourself.

What do you want to do? There are so many choices today that it makes it difficult to decide. Once you decide what type of business you want to run at home you will need to decide what equipment you will need. Another factor to consider is how much room you will need in your home.

Online survey companies are one way to make money. People are paid to make money. Money is made when you join in online focus groups and test new products that are not yet on the market. You must receive an invitation to the surveys in order to make money. This is a great way to make money from home part time.

Another way to make money online is to become an Affiliate Marketer. Becoming an Affiliate Marketer requires no money up front to get started. Here is how it works. You will need to promote products for a company. Contact the owner of the products and work out a deal to promote certain products on your site. When a product sales you will receive a commission. There are usually no fees to become an Affiliate Marketer. You wont need to ship out any products or handle invoices. You will be responsible for your own advertising to promote the product that you are offering. This should be the only expenses you have.

Create your own website and make money online. When you own your own website you can choose what products you want to sale. You can organize your site to sell the products that you feel are the most demanding or will make the most money. You can sell products from one company or list a variety of products from several companies. You can also list your own products that you make.

Promote your own skills by building your own website and then advertising. Design websites for others, promote your copywriting business, or offer a transcription service. Begin creating your business online now for a great retirement income.

Owning your own travel industry home business is another popular business that is becoming more in demand. Traveling is something people still want to do but now they want to find the best deals. You can offer them a discount in several ways; by traveling to certain destinations, by traveling in a group, by traveling certain times of the year, and by traveling during certain days of the month. There are several ways you can make more money with your online travel industry home business. You may need to try one or two of these businesses in order to find the right one for you.

14

Jason Grill – Attorney, Advocate and Consultant for Entrepreneurs and Startups

Jason Grill connects entrepreneurs, startups, mobile, technology and small to medium size business with the right exposure, resources and connections. Jason Grill owns JGrill Media which is a strategic consulting firm that focuses on media relations, public affairs, public relations, public strategies, professional branding, content marketing, publicity, government relations, contributing and commentating.

Jason Grill connects individuals, entrepreneurs, startups, small to large businesses, cities, communities, political figures/entities, policy makers, CEO’s/C-suite executives, founders, organizations, associations and nonprofits with the media outlets (tv, radio, online, print) on a local and national level to get the exposure they deserve to grow their brand. JGrill Media gets individuals and businesses published in reputable online publications that reach their target markets. JGrill Media specializes in building credibility through thought leadership and content marketing. Jason Grill helps build a professional brand by getting bylined articles published in national online publications and identifying and helping clients get awards and on lists that will gain them authority in their industry. By getting bylined articles and interviews published and winning the best awards, JGrill Media helps take a professional brand to the next level. By building up this brand, JGrill Media helps establish you as a credible, authority in your industry, thus bringing you or your company more business.

Jason Grill, in his legal and attorney work, helps clients with wrongful death and personal injury claims, civil and business litigations, vehicular accidents, traffic and speeding related offenses, bankruptcy, medical malpractices, guardianship (related to Autism, special needs, and down syndrome), employment and contract related issues, nursing home negligence, trusts and wills, real estate, and economic development cases, etc. He is not only registered with Missouri Bar Association but also associated with the Kansas Bar Association and is providing his valuable services as an attorney in the Kansas City area.

Jason is an avid fan of Missouri Tigers, Kansas City Chiefs, Sporting KC, Liverpool and the Kansas City Royals. He represented Kansas City in Missouri House of Representatives, and made a remarkable contribution by getting landmark legislation passed to help families of children with autism. Jason Grill played a significant role as philanthropy chairman in the Sigma Chi Fraternity, and collected funds for Children’s Miracle Network. While in college, he conducted community service for many organizations that include Big Brothers Big Sisters of America, St. Louis inner-city mentorship programs, etc. While pursuing his BS at St. Louis University, he connected himself with the Omicron Delta Epsilon and various other societies such as Beta Gamma Sigma Business Honor Society, National Deans List Honors Society, the Phi Alpha Delta Pre Law Fraternity, the Golden Key National Honor Society, Economics Honor Society, and he mentored for the Oriflamme organization.