Contents

A Retailers Bargain Paradise?We have all heard about the amazing deals you can find at government auctionsthe planes, trains, and automobiles your neighbors uncles cousin picked up for a song. But how true are these stories? Are government auctions really a good source for purchasing products for resale? The answer to that is they CAN BE, but you have to know what you are doing.Where do Govt. Auctions get their products?Government auctions are can be held onli...

Shopping With Uncle Sam - A Breakdown Of Government Auctions

Shopping With Uncle Sam - A Breakdown Of Government AuctionsA Retailers Bargain Paradise?We have all heard about the amazing deals you can find at government auctionsthe planes, trains, and automobiles your neighbors uncles cousin picked up for a song. But how true are these stories? Are government auctions really a good source for purchasing products for resale? The answer to that is they CAN BE, but you have to know what you are doing.Where do Govt. Auctions get their products?Government auctions are can be held online, live in-person or sealed-bid. They acquire their products from two main sources-1.Goods they seized due to criminal activities or delinquent taxes.2.Goods an agency of the government has but no longer needs.According to Ian Aronovich, president and CEO of http://www.GovernmentAuctions.org , the reason that the auctions can provide such great deals is that the government either attained [the items] for free or cheap and because the government does not have a traditional profit like a corporation does. Theyll sell to the highest bidder even if theyre getting less than market value.Product Sourcing Tip 1: Research before you bidIf you source products thru government auctions to resell online make sure you know the market value of the product before you bid. The key to not overbidding is to research the items ahead of time. Most government auctions will publish a list of available items 2 to 3 weeks prior to the auction. And that is when you need to start your homework.Blue Books are a great source for researching product value. There are price guides out there for basically anything you are interested in. Some of the most popular ones are: AutomobilesKelley Blue Book. (http://www.kbb.com ) ElectronicsOrion Blue Book. (http://www.orionbluebook.com ) AntiquesKovels Antiques and Collectibles Price Guide (http://www.Kovel.com )Product Sourcing Tip 2: Set a bidding limitOnce you figure out the market value of the items that interest you, just subtract the profit you hope to make. The result is your top bid for the item. You absolutely need to know the maximum amount you are willing to bid on any item before you go to the auction or you may get caught up into paying much more than an item is worth. Know your maximum bids, and stick to them.

Are You Going To Win? Constantly Qualify Your Opportunities

Are You Going To Win? Constantly Qualify Your Opportunities

Constant qualification is the process of continuously evaluating all of your opportunities to check that you still want to and should be bidding. It is possible to get caught up in an opportunity that you are unlikely to win and that diverts valuable resources and time from other more suitable opportunities.First off, you need to understand the importance of having a formal bid/no bid process. This is to help you understand when and why you should bid, and to make sure you avoid projects that you have a low probability of winning. Sometimes a decision is made early to bid but is that still the right decision as you learn more about the opportunity?As you get greater understanding of the specification you may realise that it isnt as suitable for you as you first imagined; circumstances change an existing client may need a project extending and you havent got the required resources; or you find out that the client hasnt got the budget that you thought they had. Although youve invested time in the opportunity that doesnt mean its too late to get out.With any opportunity, one thing you need to do is keep finding out more about it. Ask questions and learn about the clients true needs. This is done because you want to offer the client the best solution possible, but you are also finding out whether you can deliver that solution.At regular points during the opportunity take a look back at your original decision to bid. Is it still the right decision now that you have more information available?You should plan and use structured methodologies for qualification throughout the bidding process. This is to help you make objective decisions and to justify the time and resources spent pursuing the opportunity.The Learn to Write Proposals (www.learntowriteproposals.co.uk) Prospect Qualification Tool gives you a methodology for making the first bid/no bid decision as well as being able to quantify the win probability as you progress through the bidding process.This constant qualification also allows you to see where you need to strengthen your bid. You may want to continue with the opportunity but realise that you need to take action to strengthen a particular area of your bid. Constant qualification and evaluation allows you to keep your bid focused and moving in the right direction towards the solution that the client needs.Qualification and preparation are the least liked processes of contracting by the majority of people involved. However, its an accepted fact of life. No matter your personal feelings, you should lean from what you do and make any attempts necessary to better yourself.Overall, the goal is constantly qualify to evaluate your win chances. Qualifying for those contracts give you a greater understanding of what your business needs to succeed. No other way can more effectively pinpoint the areas where you need to improve.

Why

Why

Many articles supply answers, but here I do not. Here, I ask the questions. If you want to rack your brains for finding the answers to these life conundrums. But, I warn you. Beware. These are not easy, and though somewhat hilarious and funny, they are real and true to life. Should I begin? Ok, here I go:1) How come Tarzan has no bears even though he grows up with wolves in the jungle?2) Why does glue not stick to the insides of the tube or can that it comes in?3) Why do they use sterile injections when executing someone who is condemned to death?4) Why do we press down harder and harder or the remote controls even though we know that the batteries are low?5) Why is it that when someone hits us in the ankles with his supermarket trolley and then appologizes, do we say that everything is ok? I mean, things are not really fine. Why is it that we do not say that it hurts?6) Why is it that whatever the color of the bath soap, the bubbles are always white?7) Why is it that you will never find a day when mattresses are not on sale?8) Why is it that online casinos always offer big prize money for their tournaments but never reveal the real name of the winner after the competition is over?9) If human beings evolved from monkeys, why is it that there still are monkeys?10) Why did the Japanese Kamikaze pilots wear helmets during the second World War?11) Why does Superman stop bullets with his chest but, then, duck when the empty gun is thrown at him.12) Why do banks charge a commission when you go into debt even though they know that there is no money in that account?13) Why do people go back again and again to the refrigerator hoping that something new to eat will appear there?14) Why do people move their vacuum cleaner over a thin thread lying on the floor, bend down, pick it up, examine it, and then, place it on the floor again and move the vacuum over it again?15) Why do people believe it when they are told that there are more than four billion stars, but when they see a sign that says wet paint, they have to touch and check?16) Why does a plastic bag not open at the end where you first try to open it?17) Why do you never hear jokes about father in laws?18) Why are there dead insects inside enclosed electric lamps?19) Why is it that in winter we try and keep the house as warm as it was during the summer when back in the summer we hated the heat?20) Why is it that every time you try and catch something that is about to fall off the table, you always hit something else and drop that instead?Conclusion:Life has many oddities and conundrums: some funny, some less. I have mentioned but a few. Think of more? Send them to me.

Selling Corporate Shares Be Careful

Selling Corporate Shares  Be Careful

One of the touted advantages of owning a corporation is the ease in transferring shares. In many cases, this assumed benefit is simply wrong. Transfer SharesAccording to experts, using a corporation has one bid advantage over other entities. The advantage is the ability to freely transfer shares without impacting the business or viability of the corporate structure. Consider the following example. If I own a 60 percent interest in a general partnership, I cant just sell it to someone else. In most states, the transfer of more than 50 percent of an interest in a partnership automatically terminates it. With a corporation, however, there is no such prohibition. Instead, I am free to transfer shares without restriction and the business just purrs along without any interruption. As with many assumptions, the free transferability assumption runs into problems in the real world. This is particularly true if the corporation has entered into contracts with other large companies. Accidentally Terminating ContractsState laws govern the formation and running of most business entities. These laws, however, do not trump general contract law. Instead, deference is given to the terms two or more parties agree upon in the formation of a contract and this is where the free transferability experts fall on their faces. In our modern economy, a majority of companies will require language in a contract stating that any transfer of more than xxx percentage of shares automatically voids the contract between the parties. The reason for this is parties want to know whom they are doing business with at all times. Assume I want to do business with a corporation that has three engineers who are the best in their field. I dont want to sign a five-year contract with them only to see the three engineers sell their shares and leave the company during the term of the contract. In requiring the language restricting share transfers, I am making sure I will benefit from their expertise. Many shareholders in small businesses fail to take into account share restriction language in contracts. Instead, they go out and sell their shares to a third party with dreams of retirement on a white beach somewhere. They are more than a little surprised when served with a lawsuit by the share buyer who is angry because a number of contracts for the corporation have been terminated. In Seinfeld terminology, No white beaches FOR YOU!Before you get excited about selling your shares in a corporation make sure you check the language of all contracts with third parties. You dont want to have to come back from that white beach.

Buy Panama Real Estate With a Self Directed IRA

Introduction - Did you know that a self directed IRA can buy your dream Panama Real Estate? This article while not tax or legal advice will get you pointed in the right direction in terms of using your Self Directed IRA to buy Panama land, condos, homes, or even commercial property.IRA Custodian Resistance - Most of the custodians will not approve the purchase of foreign real estate. They prefer to sell you investments they offer instead. There is actually no prohibition in the IRS code against investing in foreign real estate. So do not let the custodian deceive you into thinking it cannot be done, they just do not want to do it.Custodian Problems - One of their problems is the valuation of the house. They do not know how to do this. Did you get a large kickback from the acquisition of the property thus affecting a deceitful and unlawful early withdrawal without penalty? What about a real estate commission you received. You are also not supposed to live in the home acquired through a self?directed IRA. How will the custodian enforce this? What if you live in the home on vacations only? What if you rent the home out and do not tell anyone? What if you use the home to trade homes with using a service that will let you swap homes with others in other countries for six months or a year at a time? The custodian cannot detect all these games one could incorrectly play so they prefer not to get involved and it is always better to earn a commission on something they sell you.Custodian Control - One needs to make sure the custodian lets you invest in investments of your choosing, not theirs. You want to be able to write the checks for investments.IRA as an LLC - This seems to solve a lot of the problems with the custodians. An LLC is structured utilizing the Self -Directed IRA as the owner of said LLC. The monies would then be put into the LLC, which would in turn purchase the real estate investment(s) foreign or domestic.Mortgages, IRA's, LLC's, Foreign Real Estate - Yes you can have a mortgage on the property. The debt?recorded instrument has to be a non?recourse promissory note.Profits - These are to be credited back to the IRA.Taxes - The IRA has to have enough money to pay for the taxes, property maintenance and upkeep such as condo association fees.

Why Do Marketers Love The Reverse Funnel System?

Simply because the Reverse Funnel System does exactly what its suppose to do. The Reverse funnel system is an expert system designed by expert internet marketers to automate the building of a highly profitable internet business.The reverse funnel system allows entrepreneurs and marketers to do nothing other then focus on traffic generation. That way you dont have to spend countless money, hours, and time developing offers that can prove to convert at a decent rate.The reverse funnel system has ALL of that created for you. Thats why the reverse funnel system is breaking records throughout the internet marketing community.There has NEVER been a system designed that converts as high as this system does. The entire system was designed by expert copywriters, for over $25,000 per page. This system has allowed average people to take advantage of systems, copywriting, and a funnel process that they normally never would have access too.Because of this, many entrepreneurs from all over the world have created more full time income from home using highly converting systems like this then has ever existed before. Any one who is truly interested in marketing, needs to focus their attention on marketing a funnel that CONVERTS the highest based on the traffic you run through that funnel.This simple equation is the key to getting paid the most for what your effort and energy is worth. If you affiliate marketers and entrepreneurs keep promoting products that have low conversions and low commissions, they will continue to limit the amount they could actually be making for that same marketing effort.

Summary

A Retailers Bargain Paradise?We have all heard about the amazing deals you can find at government auctionsthe planes, trains, and automobiles your neighbors uncles cousin picked up for a song. But how true are these stories? Are government auctions really a good source for purchasing products for resale? The answer to that is they CAN BE, but you have to know what you are doing.Where do Govt. Auctions get their products?Government auctions are can be held onli...