Category Archives: Consulting Services

Outsource Accounting Today – Four Reasons Why You Should Do It

Numerous business people are good at marketing and selling their products and services. They leave the work of keeping accurate financial records to accountants, financiers and bookkeepers. As an owner of a small business, you may desire to employ a big team of internal staff but cannot afford it. Internal staff is always a big liability to a new business like yours. Instead of overworking one or two in-house accountants, you can outsource accounting.Do you know what outsourcing means? It refers to act of delegating duties to a third person who is not affiliated with your enterprise in any way. To outsource accounting work, you should meet an experienced firm in the U.S. This firm’s role is to repair your existing financial record- keeping system or come up with a new system. This being your first time to outsource accounting, you might want to know why you should do so. Below are four reasons why outsourcing is imperative.

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Monitoring business performance – Because of the ever-increasing rate of unemployment, many people insist on running their small businesses at a loss. They reach a point where they simply want their businesses to provide a daily bread. If this describes you, perhaps you need to see a clearer financial picture of your enterprise. To achieve this, you should outsource accounting. A knowledgeable, experienced and cheap external accountant can help you monitor the performance of your business. They can tell you if expenses are increasing faster than sales. In addition, they can detect possible loop holes through which your personnel steal your money.Making sound financial decisions – If you outsource accounting from today henceforth, your decision-making process will become easier. An accountant’s work will be to produce accurate and informative financial statements while your obligation will be to assess and read those statements to make sound financial decisions. For example, you could use financial reports to predict whether phasing out a given product line would profit your business. Additionally, a financial advisor can read those reports and advise you accurately.Borrowing business loans – Almost every business owner has an experience with the process of borrowing a loan. A bank’s loan officer must assess financial statements of your enterprise prior to processing a business loan. They normally ask for the most recent and previous years’ financial records. These include balance sheets, profit and loss accounts, cash flows and financial ratios among other reports. Because of this complexity, you want to make sure that your statements are accurate and readable. This is where an external firm should come in. Since it uses a larger team of accountants than yours, its manner of solving accounting problems is superior. A team is also quick, thorough and reliable than a single in-house accountant. In case you want to borrow loans easily, begin to outsource accounting today.

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Complying with Payroll regulations – There exist federal and state payroll tax laws that your company must comply with. Procedures for depositing payroll taxes are very strict in the U.S. Without a Human Resource Management and accounting backgrounds, you might not do payroll accounting alone. This can easily lead to late payments of taxes which would automatically attract severe punitive measures. To avoid this difficulty, you should outsource accounting to a dependable outworker. They will ensure that you have w-2 forms to give to the government by the end of the year.

Starting A Home Business That Can Make You A Profit

Your home business is not just a business, if you’re like most home business owners. It’s much more than a job and a career, it’s your life. Knowing how to make your business better is an ongoing process that can always be improved upon. Use these tips to make your home business better.

Do not even begin to think that you are going to keep the books and handle all of the accounting including the taxes by yourself. You must employ a reliable accountant to help keep your books. You are going to be too busy making sure your business is running properly.

Running a home business can be a difficult task if you do not take it seriously. In order to succeed at working from home you should dress the part, have a space dedicated for work and work only, and have a set schedule. This ensures that business actually takes place when you are at home.

Seek out experts in your field when you have questions. If you are nervous about calling them, send them an e-mail. It’s important to be able to model someone who is a success, and people who have made themselves successful are usually willing to help beginners out. This will save you years of mistakes.

Look to your own passions or needs to create a product or business. The best products solve a problem or fill a need. Look at problems that need solving in your own life, and think of products that might solve them. Chances are, if you experience a certain type of problem, many others do too.

Submit your business website to all of the major search engines. This way your pages get ranked in the search engines, which means they will start showing up in the search results within several weeks. Learn about search engine optimization so that you can tailor your web page text to get picked up faster by the search engines.

Develop the discipline to set aside a certain amount of your earnings to pay income taxes. Even though home business owners get a decent number of tax write-offs, there is a very good chance that you will still need to pay something to the tax man. Make sure to set aside a portion each month to avoid taking a huge cash-flow hit all in one month.

Before you venture into a home-based business, ask yourself why you want to start a business. Your reasons might include: you want to be your own boss; you want to express your own creativity; you want to supplement your income; or, it might be others. Your reasons for wanting to start a business will influence your decision on what type of business you start.

These tips are just a few of the many ideas available to improve your home business. If you take the time to learn about your business, and how to nurture your business, you are guaranteed success. Having a home business can be more than just a way to make money; it can be a part of your life that you’re proud of.

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Home-Based Internet Marketing Business

Why are such a large number of individuals swinging to their PCs nowadays to make their own locally situated web showcasing business? There are an assortment of various motivators which rouse individuals to go down this specific course. Some will at first be hoping to upgrade their salary from their current business. A few, then again, are hoping to supplant their present work with their own household undertaking. For those in the last classification it is conceivable to start constructing their own locally situated business close by existing work. Only a couple of hours every week can be all that it takes. At the point when the time is correct they can then fire their supervisor and run solo with their new business.

For most the catchphrase for their turn isn’t cash yet Freedom That’s Freedom from a supervisor; Freedom from the day by day drive; Freedom to invest greater quality time with family and companions; Freedom to give additional time and vitality to leisure activities and premiums; Freedom from cash stresses; Freedom to settle on their own decisions and experience their lives the way they need to live them. There is an adage that: “Cash is an unfortunate obligation and not an end in itself”. The estimation of cash is in the flexibility and personal satisfaction which it can bring. This is what is inspiring many individuals to investigate how to begin a locally established business.

Clearly cash is a basic. We get a kick out of the chance to feel that we are procuring enough to give ourselves and our families the way of life we wish for. We adore being responsible for our own fate, however the universe of business denies us that. A locally situated web showcasing business has the ability to give us both the flexibility and the control that we desire.

Web advertising is a business; – it is work! That work should be done, however with a locally established business you can do that work when and where you wish. This is one of the enormous pluses with such a business yet it is, strangely, likewise one of its issues. Working for yourself requires incredible train and diligence. You have no supervisor to coordinate your work so you should guide yourself. A few people locate this troublesome, particularly when working at home.

It is imperative to have the capacity to separate working time and recreation/family time. This can be accomplished by “geological” means; – I imply that you will have a work station inside your home. When you enter that space you put on your business cap. On the other hand, it can be accomplished by “transient” means; certain seasons of day are ‘working circumstances’ and must be intact. You should gain that sort of train or telecommuting could be troublesome.

Now I might want to scatter a couple of myths about a locally established web advertising business. Above all else it not a get-rich-speedy plan, and disregard any individual who tries to disclose to you that it is. The potential for high profit is unquestionably there, however this won’t come overnight and regardless of whether you accomplish such wage will rely on upon your eagerness to take in the business and invested the energy and exertion required. Numerous newcomers to the business fall by the wayside since they are quite recently not set up to do what it takes to succeed.

In the event that you need the flexibility that a locally situated web advertising business can give; in the event that you wish to take control of your life in a way that is never conceivable as a worker; on the off chance that you have the dedication and the constancy to make the business work for you, then entered, – the water’s stunning.

7 Key Ingredients In Effective Managerial Communications

“Companions, Romans, comrades listen carefully.” – Shakespeare, from the play Julius Caesar.

Even better, loan me your psyches and spirits.

How would you gauge the viability of your interior administrative interchanges forms so you can track worker engagement – a key component in an organization’s budgetary maintainability?

The vast majority nod off when the subject of “correspondence” is raised.

Remain alert.


Your occupation relies on upon you conveying a compelling correspondence handle.

Placated staff is fine. Staff that are locked in, adjusted and performing to technique are critical to the monetary maintainability of an organization – the bleeding edge delivers all that really matters.

Working Principle: Focus all interchanges on the goal of how we can transform system into beneficial activities.

There’s a great deal of fluffiness and disarray around the what, why, and how of administrative correspondence forms. System is great a strong noteworthy key correspondence process is basic.

Consistently conveying, clear, justifiable inward interchanges has turned out to be more troublesome and mind boggling as the “clamor” of web-based social networking numbs individuals to what is being terminated at them from all points.

What are the 7 key components of a powerful administrative correspondence handle?

1. System – just around 15% of representatives think about or potentially comprehend the procedure of their organization. Imparting methodology resembles flossing. Ya gotta do it ordinary or your key arrangements will rot.

2. Authority – is not an occasion. Initiative is a progressing, day by day procedure of building up individuals’ abilities and inspiration to perform.

3. Arranging the correspondence procedure – What would we like to impart? Why would we like to convey it? How are we going to do it? Who are the best transporters of the messages in various parts of the association?

As one of my tutors, David Coe, the previous CEO of Dairyland, (now possessed by Saputo) the $1.6Billion organization says, “Neglect to arrange and you’re wanting to come up short.”

“Today-ite-ist” snuffs out any director’s capacity and longing to get ready for what’s to come.

4. Channels – what techniques do your troughs use to remain associated with individuals? How would they ensure individuals are associated with each other? Email? LinkedIn? Inside web journals? General vis-à-vis stand-up day by day registration like 1-800-Got-Junk??

5. Correspondence parts – the key here is to characterize how the pioneers will lead the pioneers, and how those pioneers will course the key, key messages down through the association. The central issue, “Would anyone say anyone is tuning in?” If yes, how are they translating the message? Assuming no, why not, and how would we change that?

6. Up close and personal stand up sessions – are the best. No longer than 15 minutes on end. Better to have many short ones than a couple long, exhausting ones. Make them as intelligent as though conceivable. Scattered groups can associate through live two-way video, strategies.

7. You can just enhance what you’re measuring, so take a survey – go to the general population to discover “What’s functioning admirably?”; “What needs enhancing?”; “What are we missing?” Ask individuals to think of their answers.

Right now is an ideal opportunity for every single great supervisor to go to the guide of our interchanges for more fun and benefit.

What Is the Secret to Effective Project Management

To put it plainly, the key to fruitful collective venture administration is to have the correct devices set up to keep everybody working together on a particular venture aware of everything at all circumstances. In the past this implied for anything profitable to happen, all venture colleagues or chiefs needed to invest a great deal of energy physically together and on the telephone. There must be various duplicates of date-books, and every individual working together on a venture must be physically informed when an undertaking was expert or something had changed. With the innovation accessible today, this is not true anymore.

The introduction of the community extend administration way to deal with the administration world is generally later, and happened basically around the time that the web was detonating and organizations were quite recently starting to perceive its potential. No longer did overseeing ventures need to happen in a similar room or even a similar building. Undertakings could be gone through email and posted on message sheets. Date-books could be partaken continuously, and everybody could know everything that was going ahead at all circumstances with simply the snap of a mouse. While it guaranteed to be exceedingly powerful, there was some pity in those used to customary venture administration. No all the more passing on assignments at the espresso pot or flying into a colleague’s office to sit and talk about the advance of the venture.

Shared venture administration is not quite the same as conventional venture administration in two or three ways. Separation is one way it is distinctive, in that up close and personal assignments are no longer the standard. Innovation and programming are used to oversee essentially all aspects of the venture. The other distinction is the place the significance is set. While the yield, the ultimate result, is as yet the headliner, significance is additionally put on how that result is come to. All data from each phase of the procedure, from conceptualizing to the last introduction, is put away. It is put away with the goal that it can be alluded to anytime amid the venture to help colleagues to remember the why they are doing what they are doing, and to help in pushing ahead if important.

The key to compelling cooperative venture administration is exceptionally practical venture administration programming. Frequently this sort of program is online, and it is basic that every individual from the group knows how to utilize it viably, and that they really do utilize it. Without finish use of any such program crucial open doors in the process could be missed.

A Short History of Athens

The history of Athens is virtually the history of Greece, for this immortal city was for centuries the heart of the Hellenic world and the acknowledged leader of its civilization. Though in common with all Greek cities, its origins are too remote to be anything more than a matter for conjecture. The Cyclopean wall that runs round the rock of the Acropolis, the neolithic remains, traces of Bronze Age habitation and a number of pre-Hellenic place-names prove that Athens was occupied by man from the very earliest times.

Athens was perhaps the largest of the independent Attic communities with its king residing on the Acropolis, probably in the palace named after Erechtheus, whose memory is perpetuated in the magnificent temple of the Erechtheion. A tribe of their Ionian kinsmen from Marathon, from whom later generations of Athenians were proud to claim descent, invaded the city and rapidly became predominant. Under the rule of Cecrops, the first known king of Athens, and that of his successors, Pandion, Erechtheus, Aegeus and Theseus, Athens increased in size and importance, slowly absorbing the smaller communities of Attica, until in the reign of Theseus (c. 1300 BC) they were all united under his leadership.

About 1100 BC, the Dorians invaded the Peloponnese and swept all before them; it seemed that no army could withstand them, and Athens was in mortal danger. Its citizens sprang to arms, though with a presentiment of certain defeat in their hearts. It had been prophesied that the Athenians could only ensure victory by the death of their king. King Codrus then decided to sacrifice himself to save his people. Making his way disguised into the Dorian camp he provoked a quarrel in which he was killed. When the invaders discovered that it was Codrus they had slain they despaired of success and retreated; Athens was saved.

Since no one was thought worthy to succeed this heroic king, the monarchy yielded to government by the nobles, who appropriated all power. They chose three archons, or executive officials, from among their ranks to represent the king and share the royal power. This change was affected by the devolution of the military powers of the king to the polemarch, who then became the supreme military commander; the first archon, who later became the chief state official, was the civil governor, while the archon basileus, who was a descendant of Codrus, retained the title of king and had control of the religious rites of the state. Although first hereditary and limited to the royal clan, the tenure of the archonship was later reduced to a period of ten years and all noblemen were eligible for office.

This reform, however, did not satisfy the masses that resented the concentration of all state authority in the hands of the aristocracy and clamored for a written constitution. In 594 BC the nobles bestowed full power to remodel the new state on one of their number, the celebrated Solon, trusted by noblemen and peasant alike. For the first time in the history of the world the people were given a measure of participation in government, the grant of political rights and a constitution. Later the office of archon was made annual and elective and to the existing three offices, military, civil and religious, were added the six thesmothetae whose sole duty was to record judicial decisions. In spite of these concessions discontent was rife, and a number of popular revolts exposed the state to constant danger.

In 546 BC, Peisistratus, a distinguished and daring statesman seized power and made himself dictator. Under his autocratic rule Athens enjoyed great prosperity. He stimulated commerce and industry, and by fostering agriculture laid the basis for the development of Athens’ chief export, the olive. Through his vigorous foreign policy, for the first time, Athens emerged as an Aegean Power. Posterity is indebted to this devoted lover of the arts since he ordered the preparation of the first authorized version of Homer’s sublime epics, the Iliad and the Odyssey. He also embellished the city with monuments whose splendor was later surpassed only by those of the Golden Age of Pericles.

Peisistratus died in 527 BC. Though a dictator, he had been an enlightened and benevolent ruler. He had cared for the interests of the common man and curbed the power of the nobles; but his sons, especially the elder, Hippias, were brutal tyrants who exercised their power solely in their own interests. They excited the hatred of the Athenians to such a degree that in 514 BC a conspiracy was organized and the leaders, two patricians, Harmodios and Aristogeiton, killed the younger brother, Hipparchus. Hippias was driven into exile and the civic liberties of the state were restored.

The resounding victories over the Persians at Marathon, in 490 BC, and particularly the glorious Battle of Salamis, in 480 BC, in which Themistocles proved himself a naval commander of genius, laid the foundations of Athenian supremacy over the Hellenic city-states. A statesman of uncommon foresight, Themistocles added diplomatic triumphs to his victories. By protracting the parleys with Sparta he gained the time necessary to complete the rebuilding of the city’s fortifications, which had been destroyed by the Persians during their second invasion.

Themistocles’ policies were continued by his successor, Cimon. Athenian domination over the states of Asia Minor was consolidated and no enemy ship now dared appear in the waters of the Mediterranean. Besides being a brilliant strategist Cimon was also a great lover of art. He embellished the city, and commissioned his intimate friend, the eminent painter Polygnotus of Thasos, to execute vast frescoes recording the glorious deeds of the Athenians.

The year 460 BC saw the eclipse of Cimon and the rise of his political rival, Pericles, who controlled the affairs of the state, including the earlier period of the Peloponnesian war, until his death in 429 BC. An aristocrat but at the same time leader of the democratic party, he was a fervent advocate and champion of people’s rights. During the years of his administration Athens reached the summit of her grandeur, and the most brilliant century of Greek history is known as the Age of Pericles. Athens was now mistress of a superb fleet of three hundred sail and an army of thirty thousand perfectly armed and disciplined soldiers, with fortifications extending to the port of Peiraeus; she was impregnable to attack from land or sea, while her commercial prosperity and the tribute of the Delian League amassed in the treasury made her the richest city in all Hellas.

If the material prosperity of Athens was great during this period, her attainments in every field of culture were incomparable. A galaxy of architects, sculptors and painters and their gifted assistants adorned the city with a dazzling array of temples, public buildings and other works of art. Nor were Athenian achievements in literature less noteworthy. In this period the Attic drama produced many immortal masterpieces. It is also to Periclean Athens that the scientific thought of Europe in logic, ethics, rhetoric and history owes its origin. Supreme in the arts of war and peace, Athens was the most illustrious city of antiquity and seemed destined to endure for ever, but the inconstant gods were envious of happiness that matched their own.

The outbreak of the Peloponnesian War in 431 was the first of a series of misfortunes to fall upon the city. Two years after the beginning of this internecine and intermittent struggle between Athens and Sparta for the hegemony of Greece, Athens suffered irreparable loss in the untimely death of Pericles during the dreadful plague that ravaged the city. Twelve years later the treachery of Pericles’ nephew, Alcibiades, was the cause of an even greater calamity.

Idol of the masses, Alcibiades was a gifted but completely unscrupulous demagogue who served his native city only when it suited him. Against the opposition of more experienced generals he succeeded in persuading his fellow citizens to embark upon the Sicilian Expedition (415) and was appointed one of the commanders. Shortly after the fleet had set sail he was recalled to stand trial on a charge of sacrilege, but fled to the Spartans, to whom he betrayed Athenian plans for the invasion of Sicily.

The crushing defeat of her fleet before Syracuse with the loss of forty thousand men and two hundred and forty ships, struck a crippling blow at the naval prestige of Athens and in 404 after twenty-seven years of war, utter exhaustion and starvation forced her to capitulate to her rival, Sparta.

Though her defeat deprived Athens of the leadership of Hellas, she retained her cultural eminence. The plays of Euripides and Aristophanes, the sculpture of Praxiteles and Scopas, the paintings of Zeuxis and the philosophical works of Plato mark this period as one of particular brilliance in the history of arts.

During the Corinthian War (395 BC) there was a revival of the Athenian naval power under Conon, whose squadron utterly routed the Spartan ships at the historic battle of Cnidus (394 BC). Following his triumphant return Conon ordered the rebuilding of the Long Walls (393 BC), which Athens had been compelled to demolish by the victorious Spartans at the end of the Peloponnesian War.

These walls completed the city’s chain of giant defenses. A roadway 8 kms in length and 170 m. wide, protected on either side by walls 18 m. high and 3 m. thick, secured communication between the city and the port of Peiraeus with its adjoining harbors. To the south was a had already been removed for the adornment of the new city on the Bosporus, and she was the object of further depredation in AD 523 when the great church of St. Sophia was erected. Under Byzantium the Parthenon and other glorious temples were converted into Christian churches, and in AD 529 Constantinople ordered the closing of the celebrated philosophical schools and the confiscation of their libraries; Athens was but a name.

After the Latin conquest of Constantinople in 1204 the Burgundian Count Otto de la Roche was granted the lordship of Athens, later raised to a duchy by Louis IX, and established his court on the Acropolis. On the death of Guy II, last duke of the House of de la Roche, the duchy passed to his cousin, Gautier de Brienne, the last French duke of Athens. Three years later (1311) he perished at the battle of Copais where a fearsome army of Catalan adventurers, known as the Grand Company, slaughtered the flower of Frankish chivalry. The Catalans terrorized the country for seventy years until they were overcome by another horde of Spanish mercenaries, the Navarrese Company.

In 1388 the Florentine Nerio Acciajuoli, Castellan of Corinth and Lord of Thebes, whom the Navarrese had elected as their leader, seized Athens and installed himself in the ducal court of the Acropolis. The house of the Acciajuoli lasted until 1456 when the last duke, Franco, was forced to yield to the Turks.

In 1684 when Venice declared war against the Turks, Doge Francesco Morosini was appointed to command the expedition. Ably seconded by a Swedish general, Count Otto Koenigsmark, he drove the enemy out of the Peloponnese and then marched against their garrison in Athens. In Morosini’s bombardment of the Acropolis, then held in force by the enemy, severe damage was done to the monuments there.

In 1821 the great revolution against Turkish occupation, which had lasted for almost four centuries, spread third wall, the Phaleric, which extended to the coastal town of Phaleron and protected the bay connecting it with Peiraeus. These massive walls rendered Athens an impregnable fortress, making it impossible for an invader to cut her off from her trade and food supplies.

From 338 BC the orator Lycurgus was archon. During his tenure of office he further embellished the city and restored those ancient monuments that had suffered either at the hands of man or from the ravages of time. In this same period, from the tribune of the hallowed rock of the Pnyx, resounded the voice of the great orator, Demosthenes, whose name will forever be linked with the last splendors of the immortal city.

Alexander the Great treated Athens with marked favor and granted her a considerable measure of autonomy. Though she had lost her supremacy in science and scholarship to Alexandria, Athens was still considered the natural home of philosophy, while in the theatre Menander’s New Comedy made Athenian life known throughout the civilized world.

After being sacked by Sulla in 86 BC for her part in supporting Mithridates the Great against Rome, she became part of the new Roman province of Achaea in 27 BC. Her only importance now lay in her philosophical schools which were frequented by such young Romans as Cicero, Herodes Atticus and Horace.

Athens was later restored to favor as a free and sovereign city and regarded as the cultural center of the Roman world; Hadrian and later Antonines lavishly endowed her with many new buildings. During the reign of the Emperor Hadrian a whole new city, Novae Athenae, to which the Arch of Hadrian was the gateway, rose around the Olympieion.

With the foundation of Constantinople Athens sank into the obscurity of a provincial Byzantine town and is rarely mentioned in the chronicles of the period. Pheidias’ statue of Athena Promachos and other works of art throughout Greece. A year later, in 1822, the intrepid Odysseus Androutsos, one of the principal figures of the War of Independence (1821-1833) succeeded by a surprise attack in capturing the Acropolis. In 1826 the Turks under Reschid Pasha again besieged it. An attempt by the French philhellene Colonel Baron Fabvier to relieve the heroic defense force was defeated, and the garrison commander Gouras killed. Further attempts to relieve the Acropolis proved no more successful than the first, instructions were therefore sent to the garrison to surrender.

On 24th May 1827, the Turks having accorded them the honors of war, the remnants of the gallant defenders marched out with flying colors.

The Acropolis remained in the hands of the enemy until 12th April 1833 when, in the name of Greece, Colonel Baligand took formal possession from the Turkish commander. On 13th December of the same year King Othon, the first King of Greece, entered the city. One year later, on 18th September 1834, Athens was officially proclaimed the Capital city of the Kingdom.

Success Lessons From Greek Tycoon Aristotle Onassis’s Life

The moment you finished this article, you will be able to learn how you can find whether the years just ahead are good or bad for you, and how long this season will last, so that you can act accordingly: if there is a storm on the horizon, you will take shelter in time, if sunny days loom ahead, you will take advantage before the opportunity passes, so that you can highly succeed in life.

Before that however, we have first to see what lessons derive from Greek tycoon Aristotle Onassis’s life, how the alternations of his life seasons from good to bad and vice versa radically influenced his successful career. Onassis began his career as a ship owner in 1933, while the Great Depression of 1929 had not ended yet. Because of the crisis, the ships’ prices had declined precipitously. A ten-year-old freighter, which had cost $1 million to build in 1920, could now be obtained for $20,000. Onassis found that a whole fleet of ten such ships was for sale in Saint Lawrence in Canada. He immediately bought six of those ships for $20,000 each. And some years later, he expanded his fleet tremendously: he obtained a loan of $40 million in 1947 from various American banks and built 18 more ships, tankers included.

But in 1954 he did something that drove him to the brink of destruction. After a series of negotiations, he concluded an agreement with the king of Saudi Arabia that would give him the exclusive rights to use his tankers to transport that country’s huge oil output. As soon as the agreement became known, however, a storm of protest broke out against Onassis –not only from the big U.S. oil companies, which had had the exclusive right to produce the Saudi Arabian oil, but also from the government of the United States itself.

The oil companies protested officially to Saudi Arabia, and simultaneously made clear to Onassis that each time his ships would arrive in that country’s ports to load crude oil, they would not let him have it. U.S. Secretary of State John Foster Dulles warned the Saudi Arabians that if they insist on upholding the agreement with Onassis, the American oil companies would stop oil production in that country. In the face of that reaction, the king of Saudi Arabia was forced to cancel the agreement.

At the same time, the U.S. oil companies decided, out of revenge, to discontinue any cooperation with Onassis. Each time a charter contract for any of his ships expired, they would not renew it, giving it instead to other ship owners. At the end of 1955, half of Onassis’s tanker fleet was idle. His main source of income was drying up at tremendous speed. That situation continued into 1956 as well. More and more of his ships were becoming idle, and those ships were mortgaged with the huge loans he had borrowed to build them. But Onassis no longer had sufficient income to repay the loans. In despair, he went around to the American banks to which he was indebted, asking them to take over management of his ships. The international shipping community expected him to announce bankruptcy at any moment.

That bankruptcy never happened, however. A new season started in Onassis’s life. In October 1956, the Suez Canal closed to shipping because of the crisis between Egypt and Israel. As a result, ships had to circumnavigate Africa, adding considerable time to each trip. Too few ships were available to meet the demand, and freight costs skyrocketed to unprecedented heights in 1957. The only ship owner who had ships available was Onassis. Because of the boycott the American oil companies had imposed on him, he had a huge number of ships standing idle in various ports. The results were predictable. Onassis’s ships were chartered by desperate merchants, the boycott ended, and the acrimonious relations with the oil companies were forgotten.

Instead of destruction, triumph had arrived. Onassis began to realize dizzying profits: in 1957 alone, he earned $70 million –while ten years earlier, he had been head over heels in debt with the $40 million loan he had taken out. The profits were unbelievable. Onassis didn’t know what to do with all this money. His first act was to repay all the loans he owed.

His second act was to commission the building of new ships –among them a 100,000-ton tanker, the biggest in the world at that time. His third act was to give a resplendent reception in Monte Carlo to celebrate his improved fortunes. And after some years, Onassis became the wealthiest person on earth.

By 1973, however, Onassis’s brilliant season would end abruptly. What followed was a tragic season, the last of Onassis’s life. In January 1973, Onassis’s son Alexander was killed in a plane crash at the Athens airport at the age of 19. Onassis showed at first that he overcame that event. Immediately after his son’s funeral and burial on his private island Skorpios, he started expanding his fleet. While the fleet then consisted of more than 100 ships -among them 15 supertankers of 200,000 tons each- Onassis commissioned six more tankers to be built, two of them of 400,000 tons each, the biggest tankers in the world.

But from 1974, things began worsening. Maybe because of his son’s death, he began in 1974 to suffer from myasthenia gravis, an incurable disease affecting the eyes and other parts of the body. He couldn’t hold his eyelids open, and had to keep them up with tape. He had also a hard time swallowing food and slurred his words when speaking. Not surprisingly, he was full of complaints: about his life, about himself, about his marriage, about everything.

Next year -1975- was the last in Onassis’s life: he became seriously ill from pneumonia. In an awful condition, he entered a hospital in Paris, where he was operated on to no avail. On March 15, 1975, the wealthiest man in the world died -at the age of 69. Only his daughter Christina was at his bedside.


From Onassis’s life derives that in 1957, the bad season he experienced till that year (he was faced with bankruptcy, as you can recall) suddenly ended, and a good season started for him, when the Suez Canal closed to shipping and he began becoming the wealthiest person on earth. But in 1974, a reversal of seasons happened in his life: his good season ended that year and a bad one started, when his beloved son Alexander was killed in a plane crash, and Onassis began to suffer from myasthenia gravis that led him finally to death.

Resembling alternations of seasons, however, derives also from the biographies of many other famous people I have studied. Among them, there are the biographies of Napoleon, Beethoven, Verdi, Churchill, Picasso, Jackie Kennedy Onassis, Queen Elizabeth I of England, Elizabeth Taylor, Margaret Thatcher, Columbus, Mandela, and many others, more than 20 biographies in total.

For example:

— Beethoven’s good and bad seasons alternated in 1776, 1792, 1809, and 1825

— Napoleon’s alternated in 1776, 1792, and 1809

— Churchill’s alternated in 1875, 1892, 1908, 1924, and 1941

— Verdi’s alternated in 1825, 1842, 1859, 1875, and 1892

— Picasso’s alternated in 1892, 1908, 1925, 1941, and 1957

— Jackie Kennedy Onassis’s alternated in 1941, 1957, 1974, and 1990

— Elizabeth Taylor’s alternated in 1941, 1958, 1975, and 1990

— Margaret Thatcher’s alternated in 1941, 1957, 1975, and 1990

— Mandela’s alternated in 1941, 1957, 1974, and 1990

— Queen Elizabeth’s I of England alternated in 1545, 1562, 1578 and 1595

— Columbus’s alternated in 1479 and 1496.

Comparing these biographies, I arrived at an astonishing discovery: the seasons of all the above people alternated according to a certain pattern. Also, after extensive research, I found that our own lives’ seasons alternate according to the same certain pattern. That means, therefore, we can foresee how our life’s good and bad seasons will alternate in the future, with amazing accuracy.

So, we can act accordingly. If there is a storm on the horizon, we can take shelter in time. If sunny days loom ahead, we can take advantage before the opportunity passes. We can thus highly succeed in life by taking crucial decisions regarding our career, marriage, family, relationships, and all other life’s issues.

Innovation Management Experimenting

New thoughts or inventiveness can likewise be characterized as an equivalent word for thought era and issue ID. Advancement is synonymous to improvement, thought determination and commercialization of arrangements and product offerings. In spite of the fact that there is no surefire path for business achievement, advancement administration enhances the likelihood of producing better thoughts, and along these lines, guarantees that ventures made on the improvement and the commercialization of those recently discovered imaginative thoughts are not squandered after some time.

At the end of the day, development administration is the administration science, which bargains in effective misuse of new contemplations and thoughts. Once these considerations and thoughts are incorporated and conveyed to the market, one can without much of a stretch increase the value of the current product offering or arrangements that the organization is as of now pitching to its purchasers over the globe.

In spite of the fact that creating something can simply be an individual procedure, however in an association it is regularly observed as an action done by a gathering of individuals who have solid information about the arrangement or the product offering inside the firm. Experimentally, innovativeness prompts development; without the eagerness to try and take care of issues by conquering new difficulties, we would not have developed as an animal varieties.

With a specific end goal to find something new, clearly the most effective approach to learn freshly discovered information is through disappointment. Nonetheless, it is advancement administration, which shows us how to limit disappointments and investigate totally new techniques to lead, compose, facilitate and propel people and prevail with freshly discovered methodologies. Moreover, it helps you to battle against the promoting rivalries in the contemporary age.

For more than a couple of hundreds of years, development administration has permitted organizations to assess themselves with new exhibitions and understand their objectives. With something beyond one new test like the falling impacts of globalization, new information and innovation, advancement administration is the science that has made a portion of the enormous organizations everywhere throughout the world to stand separated from whatever remains of their ‘un-imaginative’ rivals.

Advancement administration has made incredible items, as well as made awesome individuals and extraordinary pioneers in the business who have outpaced the seamier veneers of globalization and have discovered new examples of exchange and trade, with new abilities and thoughts that is required for creating benefits and persuading the workforce later on.

As the eventual fate of numerous organizations firms relies on their capacity to advance – promoting, administration and improvement – all must contribute similarly towards the procedure of development. It helps both the new and the old organizations to accelerate the final products of making new procedures and thoughts and stay on the forefront by getting a charge out of fruitful outcomes.

Futures Brokers – Finding a Credible Futures Broker

On the off chance that you need to exchange items or money related instruments then you should locate a valid prospects intermediary. They give you with a way to you to purchase or offer products and money related instruments at a future time at a specific cost.

Future specialists work twenty four hours a day, six days a week. They must be in fact authorize to bargain in prospects. A large portion of these intermediaries require a base store to open an exchanging account. The base stores differ from representative to merchant yet all require a particular sum in the records.

Most fates dealers are paid on commission. This is ascertained by the volume and recurrence of exchanges made. There is typically a base commission assigned per exchange so comprehend what these base expenses incorporate.

It is useful on the off chance that you comprehend the item you plan to exchange to give yourself an aggressive edge. Your prospects intermediary will prompt you on current conditions, showcase patterns, world economy and different components yet in the event that you comprehend your exchanges it will help in your venture returns and decrease a portion of the hazard connected with exchanging.

On the off chance that you are not an expert in a specific item or budgetary instrument then it is astute to take the counsel of an authorize full administration fates business firm instead of making hypotheses. These prospects agents have the experience important to comprehend patterns and developments inside business sectors to position your exchanges legitimately.

Commodity Futures Trading – An Overview

Fates exchanging are the exchanging of future contracts. Item future contracts will be contracts made to exchange the basic products some place later on at an altered rate, for the most part in the present day rate. Like stock exchanging, prospects are exchanged particular concentrated exchanging markets like S&P and Globex. As of late, there is a tremendous increment in the quantity of brokers exchanging prospects contracts. This can be of numerous reasons as

1) the effortlessness of exchanging empowering for all intents and purposes any one to exchange,
2) high liquidity introduce in the market because of the enormous volumes of exchanges done exceptionally day,
3) the strength of the market contrasted with others,
4) simple to claim basic ware – can purchase an expensive item at lower costs at the season of agreement,
5) low commission rates contrasted with exchanging hidden prospects stocks,
6) the capacity to exchange from home with lessened working capital,
7) bring down introductory speculation required,
8) the accessibility of smaller than expected prospects requiring less record essentials and having thin spreads, and
9) the nearness of an assortment of fundamental items exhibit on market.

There are primarily two sorts of fates exchanging contracts accessible in a fates showcase as those require a physical conveyance and those require a money settlement. The agreements which require a physical conveyance are known as ware prospects and incorporate fates for farming items like rice, wheat, sugar, oats; vitality wares like normal gas, unrefined petroleum, warming oil and others, for example, creatures, wood and so on. Fates contract which require a money settlement are known as budgetary prospects and include treasury notes, securities, shared assets and so on. The purchasing of fates, in the ware fates market, is known as “going long” and offering the prospects is known as “going short”. As indicated by the exchanging style took after, online fates brokers can be comprehensively arranged into two as hedgers and theorists. Hedgers are brokers who exchange for value assurance. Typically they are the guarantor of prospects contracts, who do as such to handle the potential misfortune at the genuine exchanging time of the fundamental ware. Theorists are the genuine brokers purchasing, holding and offering these agreements for benefit. Examiners incorporate a wide range of dealers; arbitragers, informal investors, swing brokers and position merchants. Each Futures exchanging require a fates exchanging representative or fates commission trader (FCM).