Friends or Foe, The Importance of a Contract!
No matter what business you are in, how old you are, how long you have been doing business or who you are doing it with, a very important part of doing business is a contract. This is really the only thing that is there to make sure your partners do what they say they will do. It is also the only line of defence you have if you don't see eye to eye with your partner, which usually happens in business.Whether it is with a friend, a family member or a stranger off of the street, you must have a contract to protect both of your interests as well as your business. If you don't have a contract, no matter how successful your business is, without one, you leave yourself open to have it all taken away from you. A contract is especially important as many issues will come up down the line, such as:1.
How much Money is invested by Both Partners.2. How much of the Company each Partner Owns.3. When and How is the monetary investment paid back to each partner.4. Who controls and oversees the day to day operations of a company and who has the final say in this matter.How much money invested by both partners will play an important role on how much of the company each of you own. That then trickles down to who owns a bigger percentage and usually has the say of day to day operations.
This is an important issue to tackle in the agreement as some partners are really investors who want you to run it all. Then there are partners who invest, but what to have control over it as well. This can cause some headaches as every time you go to make a decision they can challenge you on it.Another importance of a contract is to determine when each partner gets paid back, this also can save you from the other partner demanding funds. This especially important when the company has or isn't making much money. If they do go to sue you over this, which in turn could ruin more then your business, as you probably don't have the funds to pay them back.
So a contract with information on how payback of investments will work is a very important article in the contract.So remember to get a contract done for your business and any ventures or partners you have. You can find many sites online, including ours logo2d.com, where you can purchase contracts online for a very good price. Protect Yourself and Your Business!.
Anthony Jewell has over 6 Years experience in the Web & Graphics World. You can visit my business at http://www.logo2d.com?Copyright 2005 Logo2D.com : Feel free to use this article freely but please keep in the copyrightChannel 933 and The Mighty 1090 Raise Funds to Help a San Diego Boy Learn to Walk
San Diego, Ca (ContentDesk) November 10, 2005 -- San Diego radio stations, corporate sponsors and families all
pitched in to help raise funds for The Dream Factory and Patrick Ivison, an 11 year old San Diego boy. Patrick was accidentally hit by a car when he was only 14 months old and has been confined to a wheel chair ever since. BUT, he wants to learn to walk.The Dream Factory recently granted Patrick his first month's tuition at Project Walk in Carlsbad Ca. Even though his mom Jennifer knew that the three year tuition (over $90,000 and none of it covered by insurance)was going to be tough, a grass roots campaign was started by her with garage sales and other local fundraisers. People from all over the world have now seen Patrick's story in the San Diego Tribune, CBS-TV National News and at www.helppatrickwalk.orgThe Bowling for Dreams fundraiser was attended by Scott & BR from the Mighty 1090, The San Diego Gulls Hockey players and AJ from AJ's Playhouse on Channel 933.Patrick's...
Hedge funds > Channel 933 and The Mighty 1090 Raise Funds to Help a San Diego Boy Learn to Walk
Things Your Mother Never Told You: Closing Costs
Buying or selling a home can be one of the most life changing decisions a consumer makes.
Being educated about the real estate process and investigating things you don't understand is essential.
Working with trustworthy and communicative real estate professionals is important.
A lot of money is on the line when purchasing or selling a home, so be sure to ask questions when you need to about charges, fees or other issues.You Gotta Have Faith!Three days after an initial application has been submitted the lender must provide a Good Faith Estimate of settlement costs (GFE).
The GFE is a list of closing charges and the HUD settlement statement you receive at closing is the confirmation of these charges.
Carefully review the GFE costs and question anything you do not understand.
When you receive the HUD statement the charges and fees should be familiar to you and reflect the GFE.
There shouldn't be any closing cost surprises.
...
Hedge funds > Things Your Mother Never Told You: Closing Costs
Getting the Most Out of Your 401(k)
If your boss handed you an envelope filled with cash, would you throw it away? Of course not! But employees do it every day. And that's not the only mistake they make. I often come across investors who have made simple, yet costly mistakes in their company retirement accounts (401(k)s). If you or your spouse have a 401(k) account, read on to make sure you aren't making the same mistakes.The most common mistake I find concerning a 401(k) is that some workers don't take advantage of it at all. This is especially amazing when many employers match a portion of their employees' contributions.
For instance, let's say your company matches your contributions dollar-for-dollar up to 3% of your salary. If you make $50,000 a year, that means the company will put in $1,500 if you put in $1,500. That's a 100% return! You should make these contributions even if you think you can't afford it. Most 401(k) plans allow you to borrow against the balance of your account at a low interest rate. So...
Getting the Most Out of Your 401(k)
Hedge funds > Getting the Most Out of Your 401(k)
Buy and Hold: How to Perpetuate Your Investment Losses
A recent cartoon in my daily newspaper showed two guys sitting in a bar. One is saying to the other: "I did learn something from my broker...how to diversify my investment losses."While this struck me as funny, there is certainly an element of truth to it judging by the number of tragic e-mails and phone calls I have received over the past couple of years.This was brought home even more so by a reader who responded with strong disagreement to one of my articles. I advocate a methodical, disciplined approach to investing in no-load mutual funds. It keeps me invested during up markets and on the sidelines during down markets. It was exactly this approach that got me and my clients out of the market in October, 2000 and put us back in to take advantage of the April, 2003 upswing.Judging from the reader's e-mail it appears that he works for a major bank and is adamant about Buy & Hold and Dollar Cost Averaging.
Maybe it's the approach he has chosen and he doesn't like hearing that...
Buy and Hold: How to Perpetuate Your Investment Losses
Hedge funds > Buy and Hold: How to Perpetuate Your Investment Losses
The Stock Market Explained!
Let's briefly describe The Stock Market for those who are new to the financial world. What is The Stock Market?It is by definition a market in which shares of companies stocks are bought and sold. Let me explain this. When companies start growing they need to find investors willing to invest on the company. They need to rise money to keep buying machines and products and to expand their businesses.
At the same time many investors want to find companies where they can invest their funds, so they can receive passive income from the growth of those companies, which usually cause a growth on their portfolio of invested funds. How is The Stock Market organized and why? Companies discovered a long time ago that the most profitable, easy, fast and effective way to find the investors is through an organized system, in which there is liquidity, and through which all interested individuals could bring in funds to keep developing their businesses and enterprises. That originated The Stock...
The Stock Market Explained!
Hedge funds > The Stock Market Explained!
Lollipop Theater Network Premieres at Children's Memorial Hospital
Chicago (ContentDesk) July 27, 2006 -- Lollipop Theater Network will bring a little Hollywood magic to the pediatric patients at Childrens Memorial Hospital when it screens the animated feature, Over The Hedge, for an afternoon escape to the theater. The screening will be a Matties Movie Day presentation and is being sponsored by the We Are Family Foundation in honor of Mattie J.T. Stepanek, New York Times best-selling poet, peacemaker and movie enthusiast. Over The Hedge is a tale of two animals that form an unlikely friendship as they and their furry counterparts learn to coexist in suburbia.The all-day Lollipop event will take place on Thursday, July 27, 2006 with a special group screening at 2:00pm in the Janice and Kimberly Brown Family Life Center.
There, the children will be treated to a red carpet welcome and will receive special movie memorabilia and a copy of one of Mattie's Heartsongs poetry books.
Lollipop Theater NetworkFounded in 2001, Lollipop Theater...
Lollipop Theater Network Premieres at Children's Memorial Hospital
Hedge funds > Lollipop Theater Network Premieres at Children's Memorial Hospital
How to Choose a Futon Mattress
From college dorms to guest rooms, teenager bedrooms to bachelor pads, futons are cool. Futons are a popular choice in small spaces. Since they can be used as a couch or a bed, they are an extremely versatile piece of furniture.
When shopping for a futon, consumers should also consider what type of futon mattress they will want. Futon mattresses are usually made of either cotton or foam, or a combination.
When buying a futon mattress, you will need to think about...
Hedge funds > How to Choose a Futon Mattress
9 Tips to Selecting the Perfect Gift
Copyright 2006 Pat Brill
Do you struggle to find great gift ideas? Are you stuck without a gift at the last minute? I understand your frustration and am here to help! I've put together 9 tips to help you select the perfect gift. So grab a cup of coffee, relax, and start shopping!
1. Relax: Stress only make matters worse. Stop and take a deep breath before starting. It will help you refocus and reenergize! You can have fun researching and selecting a gift.
Hedge funds > 9 Tips to Selecting the Perfect Gift