Business Law 

How Reliant Funding is best for safe investment?

The ascent of managed Reliant Funding began few years ago. Investors were worn-out of losing money on the stock market, and looking into alternative investments. Millions jumped into the real estate market, on the back of soaring prices and cheap loans. But when the credit crisis happened, many people lost everything. But those wise enough to invest in reliant managed funds avoided all of this. Currencies performed very well as all other asset classes crashed. This is because there is little or no correlation between the fund market and the…

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Accounts 

Why it is important to use Proforma Invoice in business?

The answer to this question is really quite simple. A Proforma Invoice is sent to potential buyer of goods to avoid any confusion relating to real costs of goods. In other words, this preliminary invoice will, like a quotation detail the selling price. Any sales tax which will be add to the purchase price. In addition though, this invoice will also detail transport costs and delivery dates which could be honored. It should the customer agree to the transaction. This preliminary invoice does not mean that the customer is obligate…

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Finance 

How to calculate Predetermined Overhead Rate easily?

Predetermined Overhead Rate for machine hours is calculated by dividing estimated manufacturing overhead cost total by estimated machine hours. Departmentalization of factory overhead means dividing plant into parts or sections called cost centers to which expenses are charged. From the accounting point of view, the division of plant into separate segment. According to some logical form provides more accurate results and better control. More accurate costing of jobs and products is possible. Each department will be charged with overhead rates which are reasonable for that department. Job or product going…

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Finance 

How to make Personal Financial Statement and why you need it?

It is very important to have Personal Financial Statement to know how much are you worth? Many self-made business people, famously in his best-selling blockbuster emphasize the importance of creating personal financial statement. It helps the entrepreneur track their income and change in net worth. At their simplest, personal financial statements include a statement of net worth and a cash-based statement of income. If you run your own business or you are an independent contractor you should already track income and expenses. Perhaps on software such as Quicken or Mint…

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Business Law 

How to know about negotiable things to Negotiate?

How to do negotiation on Negotiable things? What is Negotiation? Negotiation is the interactive social process in which people engage. They aim to reach an agreement with another party or parties on behalf of themselves. Negotiation is primarily a common mean of securing one’s expectations from others. It is a form of communication designed to reach an agreement when two or more parties have certain interests. They are shared and certain others that are opposed and a variety of conditions can affect the success or failure of negotiations so the…

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Finance 

Work of Investment Banking Analyst and its scope

When people have a problem involving raising capital, who would they consult? Yes, they would go and check with their Investment Banking Analyst. People who are highly fascinated with the investment banking would be at an advantage. They would actually prepare themselves for a career as possible analysts. They are normally Bachelor-degree holders who are planning to obtain their MBAs in order to move up in company ladder. In reality, these undergraduates typically work for length of around two or maybe even three years before they do this. Before one…

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Finance 

Life is Unfair. Write a Letter to Waive that Penalty

Sometimes things happen in life that simply aren’t fair. In most cases, nothing can really be done about it. It may be something unfair that is inconsequential or something that is big and could change everything! Sometimes you can stand up for what you think is right and try to get the ‘fairness’ back on your side. But What is a Waiver of Penalty Letter? There is such a thing as writing a ‘Waiver of Penalty Letter’.  Now, you may have never heard of this and have no idea what…

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Finance 

Understand what EBIT is and how it works?

Just like Net profit after tax (NPAT), there are not important numbers than Earnings Before net Interest and Tax (EBIT). It is surprising that there are a number of companies list on exchanges around the world. It does not make money and often they are of little interest to investors. EBIT is calculate by taking the earnings (before significant items and extraordinary items) before net interest has been deduct. Before the income tax obligation on earnings has been deduct. Net interest is the total interest paid on borrowings (or borrowing…

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Marketing 

What skills you need for Disruptive Selection?

What you have to do for Disruptive Selection. Recruiting a new member of staff is a time of great opportunity and risk for any Manager. The opportunity is that you can bring in fresh talent and improve performance. Alternatively you can make the wrong choice and face all the cost and disruption caused by the decision. There was way of quadrupling your chance of selecting best person for the job, would you be interested? Of course you would and that’s what this article will do. Typical Interview: Typical Interview had…

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Accounts 

Who is Contingent Beneficiary in life insurance contract?

Who is Contingent Beneficiary and what its role in life insurance contract? Life insurance is basically contract between policy holder and insurance company. It states as long as premiums are paid as originally agree upon. Insured person dies during the term of coverage, dollar amount of the coverage is paid to the holder’s named beneficiary. But what happens if the name beneficiary is no longer alive at the time of the policy holder’s death? Common selections when first getting a term life insurance quote regarding the life of the policy.…

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