Tag Archives: US

Parking Lot Light Installation Info

Parking lot lights are an important part of your business property. Lights help to maintain the security of your building, your employees and your customers. For this reason, your light installation should be well planned. There are regulations and codes regarding the placement of lights on your property, and failure to comply with the rules could have you receiving fines or being forced to make costly moves to poorly placed lights.

Planning Your Parking Lot Lighting

This is not the type of planning that you can or should do on your own. Call an electrical contractor in Atlanta, or whatever other cities you do business in. A contractor will help you to plan your parking lot light installation, making sure that you have enough lights and that they are bright enough to illuminate your parking area.

Municipalities have specific requirements for the foot candles, or illumination distance, of parking lot lights. There are also regulations minimizing the amount of glare that these lights emit and the direction that they point. These are just some of the many factors that go into planning your light installation and why you need the assistance of a professional.

Hire the Right Person for the Job

When you are ready to hire an electrical contractor it is important to do your homework. Ask for referrals from local businesses, and go check out their parking lot lighting. Interview potential contractors and ask to see their state license which is required for all electrical contractors in the US. Ask lots of questions of your contractor about the job and their plans; ask how much experience they have on parking lot installations.

Routine and Continued Maintenance

After you have the lights in your parking area installed properly, it will also be important to maintain them. Your contractor will be able to assist you with repairs and bulb replacement as necessary. Although you might be tempted to save some money and climb a ladder to change a bulb, it’s better practice to bring in a contractor who will be able to do the job using the proper equipment and will be able to spot potential problems that an untrained person would probably not notice.

Parking lot light installation does not need to be stressful, but it does take planning. Hire a professional to plan and implement your installation, and you can be confident that it will be done according to the required standards.

When Using Fraud Personal Finance Help

Given the dire state of the US economy it is little wonder that record numbers of Americans are now taking to the internet in a desperate bid to save themselves some money and finally get some much needed control over their personal finances. Debt is at an all-time high, and many families are now seriously struggling to cope with the drastic toll that it is having on their quality of life. Even more tragic is the fact that there is a record number of people who are seeking to exploit this woeful status quot for their own selfish desires and so the most vulnerable people are being cynically targeted and exploited on a routine basis. By carefully reading and following the advice listed as follows, you can protect yourself against harm.

1. Make sure you actually take the time to have a scout about for free information packs first before you decide to commit yourself to any major decisions either way. Rest assured, there is a plethora of different resources out there, and a whole stack of different experts happy to help.

2. If anyone who claims to be offering you personal finance help demands an upfront fee or a deposit for their services, run a mile because something simply does not add up and they are up to something suspicious. Reputable companies will NEVER charge an upfront fee for their work, and will always have a consultation with you before they give an estimate as to the total cost for the work. Remember: the only time you hand over money to a personal finance help adviser is when they have finished all the work, to the standard you both agreed to.

3. Make sure you do not hand over any payment until you know you are dealing with a reputable, reliable, licensed company. The last thing you want to do is place your trust in a cowboy operation.
Don’t let personal finance help scams get the better of you, by being aware of the scams, you can protect yourself from being their next victim.

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Qatar Airways lost $ 2 trillion over the issue of Dreamliner

Qatar Airways airline revenue loss of 200 million U.S. dollars, or nearly $ 2 trillion in the aftermath to technical difficulties the Boeing 787 Dreamliner.

Qatar Airways CEO Akbar Al Baker said that the problem occurs in connection with the new aircraft from Boeing, the company will get compensation from the US-based aircraft manufacturer. These airlines before returning to the aircraft manufacturer Boeing 787 Dreamliner because of interference machinery.

Al Baker previously had criticized various aviation authority, that prohibits fly Dreamliner is an excessive action.

Besides Qatar Airways, other airlines are also experiencing the problem of the plane is All Nippon Airways, after the plane suffered damage to the battery.

In recent years, Boeing has completed the battery problem, after U.S. aviation authorities stated the problem was successfully resolved.

E-Business A Convenient Business Methodology

The literal meaning of the term, “E-Business” is Electronic Business, which had been derived by the Think Tank of IBM Ltd. during the mid nineties in India. Electronic business is one of the most convenient modes of business conducted over the Internet. E-Business is one of the boons of the technological revolution in the country and it has taken the entire industry by storm. It is not only the large corporate houses and huge multinational companies that have taken up this dramatic methodology of conducting business, it has also spurred the medium and small scale industries as well as entrepreneurs to adapt to this radical type of carrying out business.

The transition of the conventional method of carrying out businesses from the confines of the premises of an office and ware houses and limiting it to the comfort of a person’s residence is overwhelming. An E-Business provides an entrepreneur a farther and wider reach and therefore increases the client data base manifold in comparison to a business operated from a physical location of an office.

There are several factors which determine the success of any E-Business. One of the significant factors lies in the selection of the appropriate and latest computer hardware and software, which have proved their worth in allowing a person to run his business independently and make it a tremendous success. The entire use of both information technology and communications spell a successful business. One of the basic reasons for conducting E-Business is that the internet is one of the main conduits to a global trade. E-Business opens new vistas as well as wide horizons for an entrepreneur, who is contemplating to make global presence. The systems adopted through E-Business provide companies with the unique advantage of connecting their internal as well as their external data bases with the utmost efficacy. This connection lends the entire business with a cohesiveness and flexibility to interact with the suppliers and other partners enabling them to meet the expectations of their customers, who are the end users.

A gamut of processes is involved in the operation of E-Business which runs across the entire value chain. A value chain comprises of electronic purchases and management of the supply chain, electronic processing of customer orders, managing customer service and extending total cooperation to business partners. A host of software is presently available to carry out an e-Business successfully. The software offers dependable solutions at the same time including permissions for integration of intra or inter-firm business processes. The Intranet, Internet and extranet along with the usage of the web or a combination of these allows an entrepreneur to carry on his business effectively. The progression of data exchange between different companies is smoothened through the availability of special technical standards for E-Business. It is through the widespread use of the internet technologies that can possibly turn around any type of business to become a resounding success in terms of productivity and profitability.

A Supply Chain Management (SCM) is a process that is deemed to be significant in the management of the delivery of goods from the supplier to the purchasers. It is also considered to be as a process required for the optimization of a firm’s internal practices essential for interaction with suppliers as well as customers to usher products into the market in an efficient manner. The role of a Supply Chain takes care of the prediction of the market demand, procurement and outsourcing, warehouse management and inventory control, distribution logistics as well as other disciplines. In cases where the Enterprise Resource Planning fails, the Supply Chain Management takes up and becomes a terrific success. However, the Supply Chain Management Systems requires the database of the Enterprise Resource Planning to precisely predict inventory levels. A robust SCM encompasses the optimization and systematic organization of the operation and tactical information and techniques internally and in between these two processes.

The Supply Chain Management is closely associated with the enhancement of business processes and value in every corner of the widespread enterprise starting from the supplier’s supplier to the customer’s customer. SCM has the capability of using E-Business concepts and web technologies to elevate the organization’s operations. The tactical methodology unifies all the phases in the business cycle from the initial stages of product design through procurement of raw materials right up to the delivery of the end product to the customer.

The functionality of E-Business is often deemed to as E-Commerce and the generalized terms are at times used in conjunction with each other. E-Commerce is usually considered to be buying and selling through the Internet, yet it is essentially carrying out business online. It is due to some software programs that have the capability of running the main functions of an E-Commerce website that constitute showcasing of products, online ordering and management of inventory stocks. These software programs reside on the server and perform in juxtaposition with online payments methodologies through processing payments. A typical E-Commerce takes into consideration Business to Business, Business to Consumer and Extended Enterprise Computing to be the emerging value chains. In the US economy, E-Commerce plays a major role since it helps companies with several levels of current business transactions besides formulating fresh online business avenues mostly global in content.

There are several aspects of E-Business where besides purchase and vending of products, there are other areas pertaining to the conservative business. When a vendor sells a product to a customer, he is also required to provide after sales customer support which is one of the salient parts of a business. The usage of the chat facility on the internet unfolds a vast area of online conversation thereby dispensing with the use of the telephone which saves valuable time of both the vendor as well as the customer. It is one of the most convenient methods of communication with customers, especially when it comes to technical support.

One of the facets of conducting E-Business is using the internet for procurement of goods and merchandize in wholesale or for raw material for internal production usage. This part of the business is known as e-procurement and offers vast chances to drastically cut down costs. E-procurement is an integral part of E-Business and several E-Businesses are using the E-procurement method without any physical storefront. This has proved to be a far better method of managing and tracking the purchases made by the entrepreneur. During the past few years, it has been observed that practically all kinds of businesses have transformed into E-Businesses. There is an increasing trend in E-Businesses which could be attributed to the rising popularity of the Internet technology which has proved to be the window to the world. The internet coupled with the ready made solutions through software along with the repetitive portrayal of the advantages of the growing technologies has paved the path for E-Business. In the present scenario, there is a growing belief among people to reduce paperwork and maintain a paper-free office without maintaining any files physically. The extensive use of the internet in the modernized techniques of e-mail or electronic mail, personalized websites and chat actually eliminates the use of letters and memos which were at one time the archaic form of conducting business. An email listing or a central server can prove to be a far more efficient system for dissemination of critical information to all employees rather than distributing paper sheets as copies for each person thus reducing valuable time. One of the most significant features of E-Business lies in the area of faster distribution of information which has become its forte besides elevating businesses to an international level at the bare minimum cost and in a reasonably short time.

It would be pertinent to mention that Internet as a separate entity provides the maximum efficacy through convenience and maximum speeds. In the present market conditions, a customer always demands reliability products and precise information in a manner that is fast and easy. E-Business using the internet at the center of all business dealings assists a company to become more customer-friendly besides bringing in a far more efficient interchanging of information on both merchandize and support services.

One of the advantages of E-Business is that it eliminates the limitations on acquiring a physical location as well as availability of the concerned person. In fact, physical locations are limited by size and only those customers who are able to visit personally. On the contrary, E-Business brings over a global market at your doorstep with customers and seekers of information waiting in a queue. It is not mandatory for a person to be located in a particular place since any type of business transactions may occur at any point of time on any day, 24 x 7 types of services from any place across the globe by access through the internet. E-Business has certainly brought a turnaround for businesses and has proved to be beneficial especially as far as the reduction of escalating costs is concerned.

There is no requirement of a physical location and payment of leasing or rental costs when compared to maintaining an online site. In any conventional business, it takes time and money to complete various procedures which are removed and these tasks are fulfilled through electronic processes that are considered to be easier on the wallet. It is far cheaper to send a direct mailer through an email list of 100 people by sending a single email copied to all these people and coming to evaluate the cost of paper, postage and staff it is nothing. Customer satisfaction takes the center stage when it comes to E-Business.

The internet has proved to be one of the most potent channels to reach fresh markets and communicating with customers and business partners which creates a better comprehension of the requirements of each of them thereby revolutionizing customer satisfaction. In E-Business, customers are bound to receive personalized service and effectual communication capabilities. Faster response times are the order of the day with flexibility in hours and availability through online support which is only possible through the internet. Customer support services form a significant part of E-Business which involves a fast delivery cycle on sales and reinforcing a mutually fruitful business relationship with customers. Undoubtedly, E-Business provides entrepreneurs with a leading edge over competition since internet has broadened the horizons of E-Business. Since competition on E-Business is also showing an upward trend due to the expansion of the internet, inordinate delay may result in loss of business since easy access to actual information is one of the main benefits of internet. This access allows a company to provide authentic and efficient information thereby gaining advantage over those who are missing the bus. In the present day’s market scenario, a shift over to the current trends is proving to be more beneficial and should be taken in the stride since inability to move as per the norms of the market would be a far bigger risk to take.

While there is a plethora of advantages of E-Business, however, there are certain disadvantages too, which any entrepreneur must not ignore. One of the major risks involved in E-Business is security since online traders manage and store vital and sensitive information. Ultimately technology is a resource of protecting smooth transactions of E-Business. It is the responsibility of online traders to handle clients’ confidential information in a safer method since information at all points in a chain is highly prone to attacks of hackers. Clients when feel that the information is not protected move on to other online stores. This involves higher investments in providing security features and encryption of information all through the transaction to prevent hacking from both internal and external sources. In order to attain total optimization of services at all levels, it becomes mandatory for any E-Business enterprise to keep abreast with the times and incur costs on upgradation of the computer hardware and software, updating of websites and imparting adequate training to personnel to manage the business efficiently leading to heavy expenditure. While a large number of businesses have benefited from E-Business, the food sector has not found it to be appealing, since food as a commodity is a perishable product and over time starts getting stale. A majority of the customers prefer to physically shopping at a mall to purchase fresh food products. Prior to setting up an E-Business, an entrepreneur must understand the ins and outs of the business since any misunderstanding of the term E-Business could easily lead to a disaster. There are times when the key word technology itself leads to a failure since it requires money to be invested in updating and maintaining a website.

In E-Businesses, strategies play a significant role in providing a much better and effective management of the supply chain management which would ensure an excellent cohesion between the retailers and wholesalers of diverse types of merchandise. It would also assist in a better quality of amalgamation of the supply chain starting from the initial source right up to the final delivery of the product to the customer through effective implementation of this E-Business strategy. In E-Commerce too, there is a network of purchasing and vending which can be observed through the use through dissemination of information over the internet. It is due to the support of a powerful chain supply management that anything from an automobile to electronic goods can be purchased in an absolutely trouble-free manner over the internet.

One of the most important segments of any business is after sales support which essentially is Customer Support and a cordial and mutually beneficial relationship between the client and the supplier. The basis of any successful business is based on this criterion. A client always looks up to an after sales support which forms the basis of future sales. One of the objectives of E-Business is aimed at towards offering customer-friendly services to clients that would also take care of the delivery of the goods on time to the end-user. It involves optimum level customer support services coupled with an effective management of customer relationship.

The most significant attribute of any business is the superior quality of inventory management coordinated with service management. This can be achieved through creating precise plans for inventory stores and purchase of equipment and machinery, thereby eliminating superfluous purchases that would further lead to exorbitant expenses and various implications of taxes involved in the purchase.

A value chain essentially denotes a chain of processes relative to a firm operating in an industry. There are actually six business functions of a value chain, like Research and Development, Designing and packaging of finished products, Services or Processes, Production, Marketing. The essence of a value chain lies in the fact that as all products undergo a variety of processes of a value chain in a particular specific order and as the product moves towards the final stage of the value chain, the product gets better and better leading to value addition. This value addition on the product through a chain of activities is considerably far more than the total value of any independent activity. It would be inappropriate to merge the idea of the value chain with the cost involved throughout the process. Citing an example, a rough diamond is cheaper than a cut diamond, yet as it passes through the processes of cutting, it gains more value in terms of price. While the activity of cutting may be considerably low cost-wise, yet the cutting enhances value of the end product of a cut diamond.

The structure of the value chain proves to be a potent analyzing tool particularly for strategic planning purposes and became a tremendous success during the early ’90’s being at the forefront of the management concept. The notion of a value chain has the capability of expanding further than individual firms and can be used for complete distribution networks and supply chains. Diverse economic factors emerge in the process of delivering a mix of products and services, each managing its own value chain. The synchronization of these local value chains form an extensive value chain which at times reaches across the global extent. This extensive interconnection of value chains is popularly known as the Value System.

The easy adaptability of people to conduct E-Businesses through their laptops and i-net cell phones and PDAs has grown phenomenally and it is estimated that the present trend of E-Business would continue. There is hardly any doubt that E-Business in its manifest forms is here to stay and people would adapt to it in a much easier manner as compared to conventional business. However, before embarking on an enterprise, the entrepreneur should not overlook the risk factors involved in E-Business.

Open-Source Maintenance Management Software

Maintenance management software helps plan, implement and maintain the various processes involved in the operations of a company. One type of maintenance management software that has become quiet popular recently is the open-source maintenance management software. In open source maintenance management software, the source code is supplied to buyers along with the maintenance management software. The chief benefit of open-source maintenance management software is that since the source code is available, the software can be modulated according to the changing needs of the company using the software.

Some open-source maintenance management software are PC based and work on a system by making complete use of all the features available to a Microsoft windows application. A commonly used open source maintenance management software is the web-based application, which enables a company to effectively manage its various branches in different locations through the Internet. There are a number of software companies in the US that sell open source maintenance management software. Some offer free downloads of these softwares on the net, to acquaint new users to its features and uses. The users have to supply a few simple details by filling in an online forum before they can download the software and try it for a few days.

A crucial advantage of open-source maintenance management software is that it can be implemented in almost any kind of infrastructure. The software provides many useful features, which can be used by most companies irrespective of their size. However, users are advised to be alert while implementing open source maintenance management software. Since the source code can be altered, the software can cause harm if it is mismanaged. It is recommended that only professionals should handle the source code as irregular code changes can completely crash the system and even paralyze the company’s operations.

While using open source maintenance management software, a company should understand that the source codes are meant for their internal use only and cannot be sold or distributed to anyone else. Any deviation in this fundamental term of usage is viewed as malpractice and can lead to expensive litigations.

The Credit Crunchy Finances

The Labor Department release on consumer prices showed a 1% drop last month in the past month. The change was largest since 1947 and comes along with troublesome news, such as lowest home builder sentiment, markets trading at new lows, and a pending automaker bailout. With the financial crisis damaging the US economic foundation, you may wonder what’s in store for you. There are a few key strategies to employ while running your finances in a crisis mode. Which ones you use and to what degree they are used depends on your situation.

1. Prepare a substantial emergency fund. An emergency fund is a pool of liquid assets that you allocate for emergency needs, such as loss of a job or sudden medical expenses. Normally, it should consist of three to six months’ salary. However, in today’s severe conditions, you should pack away the maximum – six months’ worth – and more if you can. Remember to keep your emergency fund easily available such as in a banking account, not in investments, because if you need to access money and your investments are down, you will be forced to take a loss. If you don’t have enough cash, consider buying a job-loss insurance policy for one year to protect yourself from the danger of increased layoffs around the country.

2. Adjust risk. Adjust your portfolio risk to the ongoing reality of the economic times. Stocks and bonds, as well as mutual funds and ETFs are now more volatile than normal. If you did not adjust your portfolio previously, you might be exceeding your preferred risk level by owning too many equities compared to what you normally hold in a more stable market. In order to maintain your level of risk, you should counter the risk exposure by allocating less to stocks, and moving more into bonds. In present times, it’s best to reduce stock exposure 2-3 times lower than your normal level. For example, if your typical portfolio is 80% equity against 20% bonds, consider moving to 40% stocks and 60% bonds.

3. Employ wise leverage. If your emergency fund is in place, and you’ve been thinking about using credit for a particular purpose, do it now. With the inflation rate nearing 5%, it’s now the best time leverage your good credit. By the time you pay off your debt, the credit will likely be worth less than it is now, and high inflation will effectively minimize your interest cost. But remember, using credit is advisable only if used for strategic purposes, such as making necessary renovations to your home or purchasing a more fuel efficient car. Credit shouldn’t be used as a source of funding extravagant purchases or as a way to build savings.

4. Take advantage of tax breaks. Sell your worst performers before the year-end to offset any taxable gains. If you have been fortunate to hold gainers along with some losers, look at selling the losers. If your capital losses exceed your capital gains – a very likely outcome this year – up to $3,000 can be deducted against your taxable income per year (up to $1,500 each for a married person filing separately). Because this annual allowance runs out in a little more than a month you’ll want to act quickly to take advantage, and you will have funds to reinvest as the outlook becomes better. Wondering what stocks to sell first? The stocks that have fallen over 80% since the time you purchased them. It is typical for stocks that have fallen that much to not return to previous highs, so you don’t need to hold them.

5. Ensure a better retirement. It is also the best time of the year to convert your traditional IRA into a Roth IRA – and pay lower taxes. Because the value of stocks and mutual funds has dropped so much, your tax burden at conversion will be much lighter. You can then take advantage of tax-deferred growth in your new Roth IRA, and tax-free distribution when retirement comes.

Loan Modification News

There are numerous individuals all over the nation that are currently facing tough financial problems due to the current economic crisis in the US economy. These citizens are facing hard facts due to the fact that they are approaching bankruptcy and nearing foreclosure on their homes as well. One way to curb this possible situation is to get out of debt as soon as possible and reach a level where one can start their savings account again. It is essential that an individual gets out of debt as soon as possible and have their possessions devoid of being revoked. Getting out of debt can be difficult due to the fact that they have either lost their jobs or gone way in to too much debt.

In order to help keep people in their homes there is a relatively new principle that has been making headlines all over the United States. It involves a procedure called a Loan Modification. A loan modification is basically a procedure that is devised by an individual to help pay back their loans. The person needs to sit and examine their current finances and write down a good plan to help pay back their lenders. Once set, they need to convince the financing institution how it will be beneficial for the both of them. Many individual that have outstanding loans on more than one party can conjoin their payment and settle for a plan which incorporates a reduced rate of interest.

One can simply take the advice of a fiscal attorney in planning such a loan modification program or do it themselves if they have an idea of how the monetary market functions. The United States government recently inculcated this law as a means of their economic reconstruction cycle in reforming the broken economy. It has already seen the likes of many lenders applying for this procedure rather than having declaring themselves bankrupt and losing all their possessions. A properly devised loan modification program is the best way of getting out of debt and restructuring one’s bank statements.

The Credit Crunchy Finances

The Labor Department release on consumer prices showed a 1% drop last month in the past month. The change was largest since 1947 and comes along with troublesome news, such as lowest home builder sentiment, markets trading at new lows, and a pending automaker bailout. With the financial crisis damaging the US economic foundation, you may wonder what’s in store for you. There are a few key strategies to employ while running your finances in a crisis mode. Which ones you use and to what degree they are used depends on your situation. Continue reading

Loans and Bad Credit Loans

Loans are a large part of the American economy from the loan institutions to the individuals who receive loan approvals. Loans provide consumers and businesses with financial clout to purchase or take financial risks with money that they do not yet actually have in their possession. Loan institutions encourage the entrepreneurial spirit that has made the US an economic powerhouse over the years. Even with the negative repercussions that can come out of misused or miscalculated loans, loans also play a pivotal role in the nation’s economy. Continue reading